BULLISH CATALYST
- “Pounce” announcement coming from Adam Aron
- Possible AMC Dividend announcement
- Announcement of new acquisition
- HYMC Hycroft mining announcement (Hit gold)
- Industry revenues are projected $14b, up 48%
- Short interest is still historically high (Short squeeze)
- Movie rev. is breaking records
- Popcorn business
- NFTs
- Crypto
AMC STOCK EARNINGS PREVIEW
AMC Stock revenue as of Q1 were over $3.2B over the last 12 months. The last 10 movies AMC released did over $6 Billion in revenue which is very impressive! Adam Aron also recently tweeted “Wen Pounce” with even more cryptic style text. Mentioning that Q2 earnings will be announced soon and that a major pounce could be on the table for AMC Stock. This pounce will come after a massive rebounding quarter for the movie theater chain which is breaking records left and right. Could this next bit announcement be exactly what AMC Stock needs to finally head to the moon? The apes certainly hope so!
WILL AMC STOCK SHORT SQUEEZE?
Investors know that Wall Street will continue to try to argue that movie theaters are dead, and nothing more than something of the past and that AMC stock is worth nothing, but AMC’s recent sales this summer definitely prove otherwise. To that retail investors say good luck on your short positions. Financial institutions continue to heavily short AMC and other meme stocks, as they believe the movie industry is dead. However, Hollywood’s actors and actresses continue to produce highly anticipated films that the public is continues to love and enjoy at AMC Theaters.
AMC Ent is also invested in HYCROFT Mining which could be a massive bullish catalyst to send AMC Stock to the moon. If Adam Aron and the team drop a bombshell during earnings, retail investors will be waiting to SLAP the Bid on AMC and the FOMO buying will begin!
