AMC Stock and APE Stock have been on a bit of a slump lately down a decent bit from the recent highs a few months back but to be fair they are down along with the rest of the market.
Ever since the FED raised rates a few weeks ago 75 basis points and pointed out less than bullish forward guidance the entire market has been on a downward spiral trying to find a bottom and AMC and APE have also seen a lot of downward pressure, but there are a number of reasons the tide could turn very quickly, and AMC & APE could be sent to new all-time highs.
WILL AMC SURVIVE 2022?
The AMC & APE bears have been out in full force over the last few weeks as the entire market has been on a downward spiral. But the pain might be over (At least for now) as the market seems to have “Bottomed” at least for the short term.
The bigger concern for some of the AMC investors is that if or if not, AMC could survive a sustained downturn in the market.
AMC was founded in 1920 which makes the company over 100 years old. The company has survived many insane events over the years, some so crazy many won’t even realize.
During the last 100 years in business AMC has survived:
- A great depression
- Multiple World wars
- Dozens of recessions
- Blockbuster
- Netflix
- Streaming services
- Global pandemics
- Stock market crashes
- Shorting Attacks
AND EVEN MORE!
If AMC was able to survive all these years and all these events, do you think it has what it takes to survive the next downturn….?