AMC was never a play. It was always a distraction. At multiple points it was heavily pushed by many MSM and stock outlets.
Look at the actions of the CEO and the board members.
Ryan Cohen has still taken zero salary to date. He is entirely betting on the company's future by buying stocks.
Meanwhile AMC's leadership sells their personal shares during run ups.
Also AMC has no plans to revolutionize their business and movie theaters are a failing business model as a whole as consumers are opting to watch movies at home with streaming services and newer, inexpensive high definition televisions and sound systems.
Not financial advice. Just common sense.
Edit: I ruffled some feathers. Shills sending me messages! 😂
AMC was never a play. It was always a distraction. At multiple points it was heavily pushed by many MSM and stock outlets.
Look at the actions of the CEO and the board members.
Ryan Cohen has still taken zero salary to date. He is entirely betting on the company's future by buying stocks.
Meanwhile AMC's leadership sells their personal shares during run ups.
Also AMC has no plans to revolutionize their business and movie theaters are a failing business model as a whole as consumers are opting to watch movies at home with streaming services and newer, inexpensive high definition televisions and sound systems.
Not financial advice. Just common sense.