thefatboi
2021-08-10

$AMC Entertainment(AMC)$Things are looking very good for AMC from the Earnings Call Q2 2021! Below here is a summary of the Earnings Call. 

•Adam Aaron announced on Twitter and in the call that AMC ended the June 30, 2021 quarter with MORE THAN $2 BILLION OF LIQUIDITY (cash in the bank or undrawn revolving credit line). Right around DOUBLE the highest quarter ending liquidity level AMC has ever had before in our 101 year history!

• CEO Adam Aaron has not sold a single share.

• There will be a GAMESTOP partnership inquiry coming up. (Potentially hosting gaming tournaments)

• AMC will be finding ways to expand their businesses (through Live Events like: Sports, Music, Esports)

• 10 new theaters upcoming

• AMC reaches deal with Warner Bros. for 45 days theatrical exclusivity in 2022

• Lastly,  AMC announced that they will be accepting BITCOIN/ Cryptocurrency payments by end of the year.

In addition to that, AMC's result were considerably ahead of market expectations. 


$AMC Q2 Earnings:

EPS: -$0.71 vs. -$0.91 Expected

Revenue: $444.7M vs. $341M Expected


HOLY, I'm just a Singaporean ape but I am so excited for the days ahead! With the T+35 days FTDs upcoming this week and the next few weeks, we are looking at a very bullish month! 

Many big firms/ institutions are still buying in massive amounts of AMC shares. If you do not believe, check out some of the DDs and Twitter/Reddit.

Keep HODLing! The game is just about to begin! #AMCundefeated #AMCearnings #AMC #AMCtothemoon


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Comments

  • Kindryl
    2021-08-10
    Kindryl
    Love Your analysis! We r SG ape too!
  • 老夫的少女心_
    2021-08-10
    老夫的少女心_
    已经买了，本来还不安，看了这个，踏实多了，谢谢。
    • jk0726Replythefatboi: 
      ??
    • sugar87: 
      ok
    • thefatboiReply道家人: 
      It is because they have borrowed more than 2 million shares the past 2 days to short AMC. They are fucking scared due to the buying pressure and they have to ALL IN if not they will lose.
    • 道家人: 
      我不觉得是好事。财报后冲高立马就回落了，昨天的走势是最好的答案。会在兑现之前股价腰斩。
    • thefatboi: 
      I have been researching in this stock since early Feb, trust me time is running out for the hedgies. I believe they will have to cover soon
  • vstrom83
    2021-08-10
    vstrom83
    Well written! T+35 is always beautiful to look forward to but just take note that hedgies can kick the can down the road. Point is not to get overexcited and caught up in call options.
    • thefatboi: 
      Yes yes I believe they can always delay the process - best is the buy the stocks itself. I don't play options haha! See you on the moon!
  • Aprilneo
    2021-08-12
    Aprilneo
    看起来前景不错
    • thefatboi: 
      Very good, whatever prices we are seeing right now is all fake and manipulated by hedge funds. They are using dark pool trading & naked shorting! Ridiculous
  • thefatboi
    2021-08-11
    thefatboi
    IMPORTANT: US SEC is now investigating hedge fund - Citadel. (known to short many companies)

    Attached is the photo I have found on Reddit.

  • 商桥Y啊
    2021-08-10
    商桥Y啊
    MAC热度不减，今早看了新闻，已经支持比特币支付，看了文章之后坚定了自己的判断。合适的价格要开始建仓了。
    • thefatboi: 
      You mean AMC's popularity? Haha see you on the moon
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