AMC Stock has been on a slump lately along with the rest of the market. Ever since the FED raised rates earlier this week 75 basis points and pointed out less than bullish forward guidance the entire stock market has been on a downward spiral of selling and more selling.\
AMC STOCK SHORT INTEREST
Below is a screenshot taken from Fintel where it shows some details when it comes to AMC Stock and what AMC Stock’s Short interest is today. Here are some stats given from Fintel
|Short Interest||102,882,941 shares – source: NYSE|
|Short Interest Ratio||4.89 Days to Cover|
|Short Interest % Float||19.97% – source: NYSE (short interest), Capital IQ (float)|
|Off-Exchange Short Volume||8,148,336 shares – source: FINRA (inc. Dark Pool volume)|
|Off-Exchange Short Volume Ratio||64.46% – source: FINRA (inc. Dark Pool volume)|
|Finpedia Article||AMC Entertainment|
AMC Stock still has a huge chunk of the entire float sold short. This means that if and when the market and or AMC stock decides to turn around, there could be a rush for these short sellers to close their positions and therefore in theory there could be a massive, short squeeze shortly after.
AMC STOCK UPSIDE POTENTIAL
AMC stock is fundamentally stronger than it has been since before the lockdown, if not even stronger than before in some areas throughout the company which means buying at the price it’s currently trading at could offer upside potential in the near- or long-term future.
AMC STOCK’S REVENUE STREAMS
AMC ENT. is not just a movie theater company like many may think, the company is actually more of a holding company which has many businesses if you will within their basket of holdings. Below is a short list of the many streams of income that AMC ENT. Holdings has amassed.
- Movie theater ticket sales
- Movie theater concession sales
- movie theater merchandise (Found inside theaters and online)
- Perfectly popcorn company (Found in malls and online)
- HYMC investment (Gold and silver mining stake)
The company has been transformed thanks to the help of CEO Adam Aron and the AMC team, and when investors think about investing in a stock like AMC ent. they need to know exactly what comes along with this asset.
SEC “MEME MANIA” VIDEO REPORTEDLY COST TAXPAYERS $460,000: https://buydipssellrips.co/2022/09/22/sec-meme-mania-video-reportedly-cost-taxpayers-460000/