$AMC Entertainment(AMC)$watched earnings..
Retail still earns around 90% of shares. So why don't the price go up?
If etfs hold 90m
23m + 90m = 113m
515m -113m = 402m
402m / 515m *100 = 78%
Basically only about 2% left since a year ago, or slightly lower than that counting other small etfs.
Regardless, was personally happy about his response when asked about dropping classic cinemas. To not upgrade to full recliner chairs at the cost of 5m and sell cinemas to lose market dominance. The popcorn sold, if i recall, 20tons. Exploring more into the crypto space and sports entertainment(including WWE).
Still BULLISH!
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