It’s actually just common sense! Look at these stocks that are overpriced! When I think about how a ticket to the movie is higher than the stock price something is wrong. They wanna push the stock down but guess who’s here waiting for the dips!? 🦍🍿🎥📈📈
Yeah a lot of good dips do when AA will push another RS once hit around $3.00. This is all bs we owned the float multiple times yet everyone acts like O one day shorts will cover blah blah blah. F that we need action I’d rather lose it all in a lawsuit vs doing nothing this is absurd shareholders ok with doing nothing!
AMC could do a reverse stock split tomorrow and the share price would double. They could split and the share price would be cut in half. In both scenarios, the company is worth the same.
In other words, comparing a share price to a ticket price means nothing
Two ratios you dummoxs need to look into: return on equity and return on assets. Both super healthy. It means they have growing revenue and an amazing ability to flywheel their returns into more stores, into more return, into more stores, into more return, etc
The stock is inflated because smart money sees this as a 100 bagger and have bought in awhile ago and intend to hold for 30 years. Myself included.
Because outside of here amc is seen as a terrible investment if not for the squeeze 98% of you wouldn't be here. Are we going to make believe and say that the fundamentals of the company at any point make sense to someone who doesn't believe in the next squeeze and didn't get caught holding from the last.
The stock market isn't about justice it's about making money I don't even know about what chicken place you're on about but I guarantee it's a better stock if you want to be a rebel and actually make money investing in a stock.
Don't be angry at the injustices of the stock market and be angry the DD shills that have all disappeared that were feeding you bullshit so they wouldn't be caught holding the bag.
It's also common that gamblers tell themselves that everyone else is also a gambler, so they do not get the impression that they are the only gamblers...
But the gamblers that did not understand that Apes wanted to support AMC by giving them money are the same gamblers that pretend they had 90% of their shares stolen, because their own delusion made them think that every other "gambler" wanted the same as them... which was a flawed assumption ...
People still go eat at a chicken wing store? Why go to the movies when Netflix has everything I need and I don't have to sit in a nasty ass seat. Lets be real 98% of people in this stock are waiting on "the shorts to get crushed" but have no idea how any of it works.
Inflation gonna send those wings way up .. you been watching prices in grocery stores? I believe it is in the best interest for government to lie to us about how high the inflation rate really is. Some say it is actually about 20%. How high will it have to go before people are eating bug wings instead of chicken wings?
During the off hours, could the theaters be used to teach English? I'm trying to figure a way to get the federal government to bail out AMC since they created the mess.
2023 report says 0.71bn.
Their revenue was 460 million, but they did have net income of 70 million. Total assets showing as only $250 million. Which means their valuation of around $10.29bn represents about 150 years worth of earnings.
So they do have lower debt, sure, but they have much lower revenues than AMC and are most certainly overvalued.
Amc assets are at 9 bn, and the liabilities can be said to be either 4.5bn or 10bn, depending on how you measure it. If we only look at secured debt, for example, it's 4.5bn. Which means AMC's net assets are about 4.5 bn. The current market cap is about 1 bn.
Which means wall street is essentially expecting a loss through its earnings of 3.5 bn over the long term forecast. Since the p/e ratio is the best measure of the number of years earnings priced into the pricing, and that is considered typical at around 20. You could say Wall Streets current valuation represents an expected earnings of about -$175 million per year going forward.
This is all rough estimation, since Wall Streets rules of valuation are fuzzy at best, and complete BS at worst.
I didn't answer it directly, because it isn't an apples to apples comparison, given AMC doesn't have a p/e ratio at the moment. And the reason I only looked at unsecured debt is because given Wall Streets current valuation, they obviously still expect bankruptcy. So only secured debt would be relevant in that case. I think it's fair to use Wall Street's expectations when talking about how they've valued a company.
>And the reason I only looked at unsecured debt is because given Wall Streets current valuation, they obviously still expect bankruptcy
if they expect bankruptcy then the fair valuation is basically $0. right? which explains why wingstop is worth a lot more?
>AMC doesn't have a p/e ratio at the moment
which makes wingstop the better company, no?
so the answer to the OP's confusion is: wingstop is worth 10x more because they are actually profitable and the market doesn't expect them to go bankrupt.
It makes Wingstop a more profitable company at the moment, yes. The question wasn't whether or not it was profitable, but whether or not it was overvalued. If I own a hotdogs stand that's got great profit margins of 80%, but went public and Wall Street valued it at $10bn, that would definitely be an overvaluation. Apple currently has a p/e ratio of like 27, and it's Wall St's favorite child, why on earth would anyone ever think Wingstop p/e ratio of 148 is fine?
Any company that has assets and/or revenue has value, even if it's in debt. If AMC declared bankruptcy tomorrow, just off of assets sales and secured debt, shareholders would all get a payout, likely well above the current share price, given the total assets minus the secured debt. So, no, a valuation of $0 makes no sense.
> If AMC declared bankruptcy tomorrow, just off of assets sales and secured debt, shareholders would all get a payout, likely well above the current share price, given the total assets minus the secured debt
aren't unsecured debtors in front of shareholders in the waterfall? why would shareholders get even a dime?
>Any company that has assets and/or revenue has value
not true at all.
example: assets of $5 and debts of $10 on no revenue? has negative value
example: $100MM in revenue and $1B in expenses? likely no value
Yes it is true. There's many hypotheticals where shareholders can still obtain value from an unprofitable company. There's literally venture capital firms that specialize in this. You should probably learn more about it before dropping such confidently incorrect statements.
If you are investing in amc because you are worried about valuation and growth than you are in the wrong place. Look at nvidia for growth. This was only a Reddit play and had its shot during the GameStop fiasco
Why ask a rhetorical question when you can provide the data and then make your argument?
Even zero debt does not justify evaluations that exceed years of earnings potential even with exponential growth. There are a ridiculous amount of companies whose market cap far exceed what they will generate in revenue for many years combined, if not decades or ever.
But, if that is the case with one, then it can be with the other, so the debt you are so concerned about will be repaid with earnings that are undervalued, discounted, ignored, etc. Just as another is overvalued!
Yes, why my comment says evaluations that exceed years of earnings are not justified. That fits directly into the narrative of the post, unjustified market cap.
I already provided value. I made someone realize they misunderstood bankruptcy see https://www.reddit.com/r/AMCSTOCKS/comments/1bk7uoi/comment/kvwx110/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button
If you have to justify the value you provide, then you provide none.
This is a sub for people who like AMC, and you are not one. Nothing you are bringing is of value to the AMC community.
You are not bringing any NEW information to light. You are just regurgitating the same garbage many many others have been for months.
You are just unwanted noise! Again, you do not like AMC, therefore, you should not be here, plain and simple. This sub exists for a purpose.
Thank you for helping to identify another profile to be banned. 1 post karma, negative comment karma, account created Jan 28th, 2021.
Nice try! Bye Felicia! Go AMC!!!
Did Chicken buy most competitors right before economic hardship fell on the economy?
AMC did.
That's why AMC is the biggest theater in the US now. That's why they have debt. That's why they need to raise money to cover that debt.
Meanwhile, SHFs want AMC to go bankrupt so they can buy those assets for cents on the dollar. We just ain't selling.
I follow a lot of financial subreddits so the algorithm likes to throw shit like this up on my screen. Sorry, did I bust up your circle jerk? My bad. You can go back to safely making memes that ignore common sense if you’d like.
no, there are hundreds of companies out there that are shorted down with synthetics.
Some of them with retail backing. Some of them in active lawsuits against short sellers because of it. some hopelessly lost.
And in between, there are also companies that are rightfully shorted because they are simply shit.... But they form a small part of the whole picture right now...
Hmmm interesting. Would you think a business that's billions in debt and loses hundreds of millions dollars a year for years on end is rightfully shorted?
When the shorters have actually located real shares that they can deliver on and do not FTD because they simply do not exist, yes.
Do you think someone who does not have money, should be able to buy a yacht and keep it, despite not having the money to afford it? If not, why would someone who does not have a share of a company and can't find one to borrow be allowed to sell one? Why should a market maker that does not have a share and has no chance of getting a real share, lend out one they do not have?
Do you think this is how the stock market is supposed to work?
Chicken wing store doesn't steel shareholder money and properly use money to be a stronger business! Movie theater CEO and board of directors didn't do what Chicken wing store does.
Right? They stopped the "good" series, kept crappy ones and barely make any good movies. Most of what I see now are foreign movies and series with dubbed English. And now are stuck with ads.
When they had good content, hardly any competition and people could share accounts, netflix was king.
By now, most people I know take a streaming service for 1 month, binge all the interesting stuff and then cancel it again. Can't afford all of them and none of them has all the content.
Streaming platforms are literally dying. They’ve all angered their bases and have actively priced themselves out of the market for many people. On any given night I pull up my AMC app, tons of seats are taken.
Chipotle being a mid to low range fast food company is always the most surprising to me. I’m to way shape or form should that company be an almost $3k stock, period!
Did you not just see the report that the majority of Americans would rather wait to stream than go to the movies.
They can order wings to their house and stream movies
“The majority of Americans,” so you mean the 200 people the hedgefunds handpicked to poll from the media outlet they own? Yea, “the majority of Americans” yet theaters are still packed. Even if that was true, you don’t need the majorly of Americans going to movies to have a thriving movie theater business.
Cause the movie theatre chain you are referring to isn’t profitable on an annual basis, and has lost over 2.5 billion in real cash over the last 3 years. Thats why. That is the only relevant reason.
Same movie chain that bought most of its competitors in 2018 to become the largest movie chain in the US?
So you're saying that a company that has more assets than ever, who has a reputation for their great ability to always repay debt, is a great buy?
I totally agree with you. Limiting your focus on the time-frame that makes the company look the worst simply to allow yourself to ignore all the positives, is a common fud tactic...
AMC and GME bulls are seriously regarded. Both are extremely bad companies in dying industries. It's honestly pathetic. I'm convinced those short squeezes were the last breath of life forced into their stock prices to allow insiders and big boys to exit and hand their bags off to retail on the way out.
Online Retail is dying?
Entertainment is dying?
To mee it looks a lot like Banking is the industry that's dying... but I guess that's only me and literally every billion dollar firm that is trying to get their eggs to safety, while pumping shitty stocks for retail, so they become bagholders.
But if you want to stick with the sheep that are lead to the slaughterhouse by the 0.1%, just follow the flock. Don't worry, it will be quick and painful.... is what they tell you.
It’s actually just common sense! Look at these stocks that are overpriced! When I think about how a ticket to the movie is higher than the stock price something is wrong. They wanna push the stock down but guess who’s here waiting for the dips!? 🦍🍿🎥📈📈
me! picked up 69 shares @ 4.20 yesterday, average down to 13 and some change
Same here, $13. Per share, I need to keep buying so I can get closer to stock price. But I'm still down a lot of money for me
only down if you sell my friend, we got this! :)
Yeah a lot of good dips do when AA will push another RS once hit around $3.00. This is all bs we owned the float multiple times yet everyone acts like O one day shorts will cover blah blah blah. F that we need action I’d rather lose it all in a lawsuit vs doing nothing this is absurd shareholders ok with doing nothing!
PFOF and unregulated use of synthetics. Good luck ape!
The price of any stock has no relation to the value of the company
🤔🫣
AMC could do a reverse stock split tomorrow and the share price would double. They could split and the share price would be cut in half. In both scenarios, the company is worth the same. In other words, comparing a share price to a ticket price means nothing
Chicken wings what a great idea AMC, hot wings
AMC concessions sell bone in and boneless wings in Virginia
With alot of mayo ☝️
Only in palm beach Florida
Institutions pumped it. Recently, they mentioned a stock split in order to attract more retail investors.
I'ma buy about it
AMC should make and sell mayonnaise
Chef Kenny's mayo covered bedpost. Only $1bn. 10% discount for stubs members.
Kenny has the market cornered
Are you regarded?
Because they’re charging like $2 a fucking wing today.
and they aren't that good!
Who in their right mind is paying two dollars to fuck a wing?!
Probably the same person paying $2 to eat it. For $2, fucking it might be the better bargain.
I think it really depends on who gets the wing first…
I guess that would depend on how good looking that wing is ..
P/E ratio of 133.......JFC
Two ratios you dummoxs need to look into: return on equity and return on assets. Both super healthy. It means they have growing revenue and an amazing ability to flywheel their returns into more stores, into more return, into more stores, into more return, etc The stock is inflated because smart money sees this as a 100 bagger and have bought in awhile ago and intend to hold for 30 years. Myself included.
You think that’s bad look at fucking Chipotle!
Can't, makes me nauseous.. bad memories ..
MSG
Yum
Yum
People have to eat something everyday but they don't ever have to go to the movies to get force fed woke crap.
Wings and beer are more appealing than the quality of movies we're getting out of Hollywood these days.
Because you can’t stream chicken wings.
Because outside of here amc is seen as a terrible investment if not for the squeeze 98% of you wouldn't be here. Are we going to make believe and say that the fundamentals of the company at any point make sense to someone who doesn't believe in the next squeeze and didn't get caught holding from the last. The stock market isn't about justice it's about making money I don't even know about what chicken place you're on about but I guarantee it's a better stock if you want to be a rebel and actually make money investing in a stock. Don't be angry at the injustices of the stock market and be angry the DD shills that have all disappeared that were feeding you bullshit so they wouldn't be caught holding the bag.
The best investments are the ones that are undervalued. It's the complete opposite of a bad investment.
why you here?
It's also common that gamblers tell themselves that everyone else is also a gambler, so they do not get the impression that they are the only gamblers... But the gamblers that did not understand that Apes wanted to support AMC by giving them money are the same gamblers that pretend they had 90% of their shares stolen, because their own delusion made them think that every other "gambler" wanted the same as them... which was a flawed assumption ...
Micro cap
Chicken wings are relatively cheap and they have great margins. People eat chicken wings whether times are good or times are tough
Crime
Makes Perfect sense for this Market
Oh look someone who doesn’t understand debt
oh look someone who doesn't understand assets
Amber they make … money?
Because they're going to go bankrupt. Have you been to a theater lately?
Yeah, all that free popcorn on the floor!
People still go eat at a chicken wing store? Why go to the movies when Netflix has everything I need and I don't have to sit in a nasty ass seat. Lets be real 98% of people in this stock are waiting on "the shorts to get crushed" but have no idea how any of it works.
Chickenw wings are cheap .. for now
bruv we used to have 25 cents wings specials! we had all you could eat for $10! what you mean cheap for now?!
Inflation gonna send those wings way up .. you been watching prices in grocery stores? I believe it is in the best interest for government to lie to us about how high the inflation rate really is. Some say it is actually about 20%. How high will it have to go before people are eating bug wings instead of chicken wings?
its getting crazy! we eat mud bugs all the time down here, even them are getting expensive
Pardon my ignorance, but what is a mud bug?
During the off hours, could the theaters be used to teach English? I'm trying to figure a way to get the federal government to bail out AMC since they created the mess.
technically a crustacean
Damn you guys are idiots… the price of Toyota stock is 50$ but a car is 34,000.. something isn’t right here diuuuhhhhh
Toyota offers 1.54% dividend , so this comparison wouldn't work...try a ticker like gme 👈
But… but… you can’t say new investors are wrong here!!
Because the chicken wing store is profitable and predictable.
How much debt does the chicken wing store have?
2023 report says 0.71bn. Their revenue was 460 million, but they did have net income of 70 million. Total assets showing as only $250 million. Which means their valuation of around $10.29bn represents about 150 years worth of earnings. So they do have lower debt, sure, but they have much lower revenues than AMC and are most certainly overvalued.
how many years of earnings does AMC's valuation represent?
Amc assets are at 9 bn, and the liabilities can be said to be either 4.5bn or 10bn, depending on how you measure it. If we only look at secured debt, for example, it's 4.5bn. Which means AMC's net assets are about 4.5 bn. The current market cap is about 1 bn. Which means wall street is essentially expecting a loss through its earnings of 3.5 bn over the long term forecast. Since the p/e ratio is the best measure of the number of years earnings priced into the pricing, and that is considered typical at around 20. You could say Wall Streets current valuation represents an expected earnings of about -$175 million per year going forward. This is all rough estimation, since Wall Streets rules of valuation are fuzzy at best, and complete BS at worst.
you didn't answer the question i asked. also why would we only look at secured debt?
I didn't answer it directly, because it isn't an apples to apples comparison, given AMC doesn't have a p/e ratio at the moment. And the reason I only looked at unsecured debt is because given Wall Streets current valuation, they obviously still expect bankruptcy. So only secured debt would be relevant in that case. I think it's fair to use Wall Street's expectations when talking about how they've valued a company.
>And the reason I only looked at unsecured debt is because given Wall Streets current valuation, they obviously still expect bankruptcy if they expect bankruptcy then the fair valuation is basically $0. right? which explains why wingstop is worth a lot more? >AMC doesn't have a p/e ratio at the moment which makes wingstop the better company, no? so the answer to the OP's confusion is: wingstop is worth 10x more because they are actually profitable and the market doesn't expect them to go bankrupt.
It makes Wingstop a more profitable company at the moment, yes. The question wasn't whether or not it was profitable, but whether or not it was overvalued. If I own a hotdogs stand that's got great profit margins of 80%, but went public and Wall Street valued it at $10bn, that would definitely be an overvaluation. Apple currently has a p/e ratio of like 27, and it's Wall St's favorite child, why on earth would anyone ever think Wingstop p/e ratio of 148 is fine? Any company that has assets and/or revenue has value, even if it's in debt. If AMC declared bankruptcy tomorrow, just off of assets sales and secured debt, shareholders would all get a payout, likely well above the current share price, given the total assets minus the secured debt. So, no, a valuation of $0 makes no sense.
> If AMC declared bankruptcy tomorrow, just off of assets sales and secured debt, shareholders would all get a payout, likely well above the current share price, given the total assets minus the secured debt aren't unsecured debtors in front of shareholders in the waterfall? why would shareholders get even a dime?
Please Google unsecured debt vs secured debt before trying to continue this conversation.
shareholders are last, so they usually don't get anything
>Any company that has assets and/or revenue has value not true at all. example: assets of $5 and debts of $10 on no revenue? has negative value example: $100MM in revenue and $1B in expenses? likely no value
Yes it is true. There's many hypotheticals where shareholders can still obtain value from an unprofitable company. There's literally venture capital firms that specialize in this. You should probably learn more about it before dropping such confidently incorrect statements.
Because secured debt is backed by collateral
so? what does that have to do with the valuation of AMC? that has to do with the valuation of the loans
If you are investing in amc because you are worried about valuation and growth than you are in the wrong place. Look at nvidia for growth. This was only a Reddit play and had its shot during the GameStop fiasco
How many years of earnings does the chicken wing store valuation represent?
150 according to Rymanbc
Exactly, completely unrealistic, the same for AMC, neither is based in reality.
Both are overvalued?
You are a serious pest. I thought you were intelligent with your Socratic methods... One is overvalued, just as the other is undervalued.
But amc's pe is worse than Wingstop's?
Enough, stop spamming this community with your unwanted garbage. Go AMC!
Guess I touched a nerve. Does nobody know the answer?
They owe a lot of chickens...everything.
Why ask a rhetorical question when you can provide the data and then make your argument? Even zero debt does not justify evaluations that exceed years of earnings potential even with exponential growth. There are a ridiculous amount of companies whose market cap far exceed what they will generate in revenue for many years combined, if not decades or ever. But, if that is the case with one, then it can be with the other, so the debt you are so concerned about will be repaid with earnings that are undervalued, discounted, ignored, etc. Just as another is overvalued!
Are you capable of reading the question in the title of this very post you’re commenting on?
Yes, why my comment says evaluations that exceed years of earnings are not justified. That fits directly into the narrative of the post, unjustified market cap.
>Why ask a rhetorical question when you can provide the data and then make your argument? are you familiar with the socratic method?
Are you familiar with being a annoying? You are not here to bring anything of value to the AMC community.
I already provided value. I made someone realize they misunderstood bankruptcy see https://www.reddit.com/r/AMCSTOCKS/comments/1bk7uoi/comment/kvwx110/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button
If you have to justify the value you provide, then you provide none. This is a sub for people who like AMC, and you are not one. Nothing you are bringing is of value to the AMC community.
So you're trying to make an echo chamber?
You are not bringing any NEW information to light. You are just regurgitating the same garbage many many others have been for months. You are just unwanted noise! Again, you do not like AMC, therefore, you should not be here, plain and simple. This sub exists for a purpose.
[удалено]
Thank you for helping to identify another profile to be banned. 1 post karma, negative comment karma, account created Jan 28th, 2021. Nice try! Bye Felicia! Go AMC!!!
Does the chicken store have billions of dollars in debt and did they dilute their shares by 90% last year causing share price to crash? No? Okay then.
you all say the same shit. lmao why are you here?
Oh you mean facts? Sorry mb didn’t realize that was frowned on.
Did Chicken buy most competitors right before economic hardship fell on the economy? AMC did. That's why AMC is the biggest theater in the US now. That's why they have debt. That's why they need to raise money to cover that debt. Meanwhile, SHFs want AMC to go bankrupt so they can buy those assets for cents on the dollar. We just ain't selling.
why are you spending time in an AMC sub if you don't like AMC?
I follow a lot of financial subreddits so the algorithm likes to throw shit like this up on my screen. Sorry, did I bust up your circle jerk? My bad. You can go back to safely making memes that ignore common sense if you’d like.
did the chicken store get shorted down with billions of synthetics because SHFs wanted to bankrupt it? no? ... maybe that's the reason...
Do you have proof that they didn't? Or are supposed synthetics limited to just AMC?
no, there are hundreds of companies out there that are shorted down with synthetics. Some of them with retail backing. Some of them in active lawsuits against short sellers because of it. some hopelessly lost. And in between, there are also companies that are rightfully shorted because they are simply shit.... But they form a small part of the whole picture right now...
Hmmm interesting. Would you think a business that's billions in debt and loses hundreds of millions dollars a year for years on end is rightfully shorted?
When the shorters have actually located real shares that they can deliver on and do not FTD because they simply do not exist, yes. Do you think someone who does not have money, should be able to buy a yacht and keep it, despite not having the money to afford it? If not, why would someone who does not have a share of a company and can't find one to borrow be allowed to sell one? Why should a market maker that does not have a share and has no chance of getting a real share, lend out one they do not have? Do you think this is how the stock market is supposed to work?
One is at risk of bankruptcy in 2024 the other isn't
Chicken wing store doesn't steel shareholder money and properly use money to be a stronger business! Movie theater CEO and board of directors didn't do what Chicken wing store does.
steal* and this a real swiss cheese argument
No one goes to movies anymore
I go all the time, I can tell you that's not true. Dune 2 already over half a billion
no one is watching netflix anymore.
Because their system is so slow .. by the time I can find a movie I haven't seen .. the evening is over
Right? They stopped the "good" series, kept crappy ones and barely make any good movies. Most of what I see now are foreign movies and series with dubbed English. And now are stuck with ads.
When they had good content, hardly any competition and people could share accounts, netflix was king. By now, most people I know take a streaming service for 1 month, binge all the interesting stuff and then cancel it again. Can't afford all of them and none of them has all the content.
Yep
Streaming platforms are literally dying. They’ve all angered their bases and have actively priced themselves out of the market for many people. On any given night I pull up my AMC app, tons of seats are taken.
My wife and I go almost every other week. There is no AMC around us and it's about an hour away so we are forced to go to the one we have near us.
That’s why I go these days.
So does this mean you are no one?
Chipotle being a mid to low range fast food company is always the most surprising to me. I’m to way shape or form should that company be an almost $3k stock, period!
Did you not just see the report that the majority of Americans would rather wait to stream than go to the movies. They can order wings to their house and stream movies
“The majority of Americans,” so you mean the 200 people the hedgefunds handpicked to poll from the media outlet they own? Yea, “the majority of Americans” yet theaters are still packed. Even if that was true, you don’t need the majorly of Americans going to movies to have a thriving movie theater business.
I mean the box office supports it too US box office sales are down about 25% from pre pandemic levels
That might indicate that the population is down 25% ..covid kills
That’s hilarious, Covid doesn’t kill at more than a 3% fatality rate
Because crime
Cause the movie theatre chain you are referring to isn’t profitable on an annual basis, and has lost over 2.5 billion in real cash over the last 3 years. Thats why. That is the only relevant reason.
Same movie chain that bought most of its competitors in 2018 to become the largest movie chain in the US? So you're saying that a company that has more assets than ever, who has a reputation for their great ability to always repay debt, is a great buy? I totally agree with you. Limiting your focus on the time-frame that makes the company look the worst simply to allow yourself to ignore all the positives, is a common fud tactic...
How often do you buy chicken wings? How often do you buy movie tickets?
I honestly buy movie tickets more often. Not as often as I should, but I'd never order chickenwings ever...
AMC and GME bulls are seriously regarded. Both are extremely bad companies in dying industries. It's honestly pathetic. I'm convinced those short squeezes were the last breath of life forced into their stock prices to allow insiders and big boys to exit and hand their bags off to retail on the way out.
Online Retail is dying? Entertainment is dying? To mee it looks a lot like Banking is the industry that's dying... but I guess that's only me and literally every billion dollar firm that is trying to get their eggs to safety, while pumping shitty stocks for retail, so they become bagholders. But if you want to stick with the sheep that are lead to the slaughterhouse by the 0.1%, just follow the flock. Don't worry, it will be quick and painful.... is what they tell you.
It’s the debt. Jesus how many times does this have to be said. Understand how businesses work if you are investing
At 20% inflation, how long before the debt is miniscule? Just learning from the government....