What goes down will come up, the same has happened to many stocks like $Tesla Motors(TSLA)$ , $Palantir Technologies Inc.(PLTR)$ , I believe the same will happen to $AMC Entertainment(AMC)$ which is being hammered low to $10 or $1 (pre reverse split price).
AMC is a large cinema business with proper assets and provides entertainment service which public enjoys. While the business outlook is not very rosy (there are places where cinemas are ceasing their operation), the recent plunge in share price are too exaggerated. Hence, a rise in AMC share price is probably forthcoming. For interested traders, you may be keen to have a target buying price soon and reap profits when the price multiply.
Good luck folks [Miser] [Cool]
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Comments
I’m closing all my bank accounts, and putting everything into AMC! My money is safer there.
BUY AMC! This is the most important thing you can do! They’ve got no answer for “buy and hold”
I have never seen a stock do well after a reverse split. To many other good stocks to buy.
If you compare horse power vs weight for EVs and ICE cars as well, the model 3 long range is the best value. In other you get the most acceleration for the buck. HP/weight is proportional to acceleration.
Apple, Tesla, Goog, Amzn, all one of a kind, nothing is going to change any time soon. These are the best investments for the next --10 years.
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