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AMC Entertainment Holdings Inc (AMC)

NYSE
Currency in USD
Disclaimer
3.275
-0.005(-0.15%)
Closed
After Hours
3.270-0.005(-0.153%)

AMC Comments

Fate has been gracious to the underdog. Time and again, the American Revolution ignorant patriots versus the vast and overpowered British empire, slaves versus plantation owners in the Civil War, and so on and so forth. This time shall be no different, hedgies overconfidence is their weakness. Stay hungry, stay humble. This is how we apes win
It's a common mistake to blame a failing stock to short sellers. There's always a reason to why they start to short a certain stock. Do you think the housing crisis was caused by shorts? -- FYI I have never gone short. It is something I don't support, but you cannot blame them for playing the game, as long as they follow its rules.
It may be a game to short sellers, but to others this may be their job or their livelihood. IMO the housing crisis was caused by demographic shifts: baby boomers retiring, selling or downsizing homes, and insufficient gen x to buy homes, stock market, health ins, etc. 2007 marked the beginning of baby boomer retiree wave. 1945 + 62 = 2007
It was kerosine-fueled by the greed of banks and mortgage rating agencies. Watch 'The Big Short' if you haven't yet.
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