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AMC Entertainment: Double Feature Distortion

By Tim KnightStock MarketsMay 27, 2021 04:42PM ET
www.investing.com/analysis/amc-entertainment-double-feature-distortion-200582838
AMC Entertainment: Double Feature Distortion
By Tim Knight   |  May 27, 2021 04:42PM ET
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If you want just one chart to capture what a madcap carnival the Fed has made of this "stock market,” I present to you the entire history of AMC Entertainment (NYSE:AMC).

As you will observe from the green horizontal I’ve helpfully laid down, today marks the most expensive price in the company’s history. This has nothing to do with revenues. Nothing to with profit. Nothing to do with prospects. No one could sell enough overpriced popcorn with butter on it to justify this price. It’s just a result of a swarm of stimmy-powered retailers squeezing the hedgies. Nothing more.

AMC Entertainment Long-Term Chart.
AMC Entertainment Long-Term Chart.

AMC Entertainment: Double Feature Distortion
 

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AMC Entertainment: Double Feature Distortion

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Comments (19)
William Schneider
William Schneider May 28, 2021 6:20AM ET
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u mad bro that your hedgies devilish friends are going bankrupt? they're finally getting what they deserve
William Schneider
William Schneider May 28, 2021 6:20AM ET
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u mad bro that your hedgies devilish friends are going bankrupt?
Kaveh Sun
Kaveh Sun May 28, 2021 2:05AM ET
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Who cares. It is a revolt against hedge funds/wall street.
Gabriel Watson
Galaxybane May 27, 2021 10:38PM ET
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"Nothing more" than what happened to Tesla, or any other stock EVER. Speculation is the name of the game. Assuming stock prices mimic real value is ludicrous, or a gross attempt of showing readers how markets should work.
Kevin Wetzel
Kevin Wetzel May 27, 2021 10:38PM ET
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It wouldnwork this way if they issued shares as NFT's. That would stop all of the market manipulation and naked short selling and stop phantom shares. This would prevent situations like this whereas hedgefunds can continue to short companies with shares that either dont exist or are sold multiple times over. Its no wonder peolle are losing faith in the financial system.
Kellen Wanasek
Kellen Wanasek May 27, 2021 10:34PM ET
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wow, so much hate from the bulls. time to get short and stay short.
Lloyd Ziegler
Lloyd Ziegler May 27, 2021 10:34PM ET
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yes! please do it!
Ray Steed
Ray Steed May 27, 2021 10:01PM ET
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bitter, party of you. You have been bearish and have been on the wrong side all along
Edward Gerety
EdwardTjGerety May 27, 2021 9:42PM ET
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Mr. Knight is just another corporate shill with no real experience. He bangs out the copy his hedge fund overlords demand.
Jamile XR
Bull65 May 27, 2021 9:06PM ET
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Dear Mr Knight, shall we talk I. E. about Tesla value? Everybody worldwide knows that the majority of TESLA revenues are coming from "pollution credit" that Tesla sells to most important car makers worldwide... and this was just one example... Unfortunately the US stock market is full of company with close to 0 revenues and really high Mark Cap. Why are you shooting just on AMC? Cause AMC isn't part of the "system". Fortunately no one takes care of an article like this
Paul Nichols
Paul Nichols May 27, 2021 8:49PM ET
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Sometimes i feel like the socialist media has now hit the financial media. They are as biased as the regular media. Shame on them.
Gary Vosganian
Gary Vosganian May 27, 2021 8:27PM ET
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Who lets this get published ?Its not an article my kid has done 4th grade weather reports with more info and insight.
Chart Harmonics
Chart Harmonics May 27, 2021 7:05PM ET
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Summed up perfectly. This stock (and many many others) are a technical trader's dream. And definitely has no place in an investor's portfolio.
Dave Lionson
Dave Lionson May 27, 2021 7:05PM ET
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your comment lacks substance just as the article itself.
RUBEN CUELLAR JR
RUBEN CUELLAR JR May 27, 2021 6:54PM ET
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#ThankYou for the encouragement...I will be purchasing some more $AMC on Friday...🍿💰🦍 #GorillaGang 👊🏽#Boxing4LifeChampionClub®️
Nick Smith
Nick Smith May 27, 2021 6:52PM ET
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Really, share price chart? What is that for? Do you even know that the stock was deluted 1:6 thus the prices from before delution should be divided by 6. Why don't you show a chart of the market cap -- to illustrate your point. Otherwise you coming off like you don't know what this is about. Now, if you chart the market cap, then you really see the overvalue picture.
Irvin Mermelstein
Irvin Mermelstein May 27, 2021 6:49PM ET
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Thanks. I'd be interested in other stocks with similar stories.
Rob Ropes
Rob Ropes May 27, 2021 6:28PM ET
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OK, let's short AMC, it has no place to go but down.
Alex Dhimitri
Alex Dhimitri May 27, 2021 6:28PM ET
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It's shorted to 141% of available shares already. You are free to do as you wish, but I hope you can react fast enough to not lose everything when this stock really takes off. Best of luck.
Tom Tankins
Tom Tankins May 27, 2021 6:18PM ET
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BRO... u forgot to put any content in your content.  And you're coming off a little whiney.  have a nice day
Josh Modern
JoshModern May 27, 2021 6:03PM ET
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always appreciate you sharing these point-of-interest pieces
munnu jay
munnu jay May 27, 2021 5:14PM ET
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nice article
Jon Andis
Jon Andis May 27, 2021 5:14PM ET
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what article.
munnu jay
munnu jay May 27, 2021 5:14PM ET
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