Domain: tiger-web1.srvr.media3.us Holding AMC Thread- Diamond hands unite | Page 275 | Money Talk
Started By
Message

re: Holding AMC Thread- Diamond hands unite

Posted on 2/22/22 at 3:07 pm to
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 2/22/22 at 3:07 pm to
Bet you can't find a single post where I said an official share count would do anything.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/22/22 at 3:14 pm to
Can I get cliffs on why this thread is still going?
Posted by WDE24
Member since Oct 2010
54841 posts
Posted on 2/22/22 at 3:17 pm to
TD Ameritrade apparently burned all of the paper records of something that will send AMC to the moon.
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 2/22/22 at 3:18 pm to
I'll just read the other replies and laugh.
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 2/22/22 at 4:06 pm to
I changed my mind. WDE24 can't read and the badger lost his marbles again.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36244 posts
Posted on 2/22/22 at 4:10 pm to
quote:

Can I get cliffs on why this thread is still going?


Greyparrot and Carlsoda turned tail and ran, Buck picked up the battle flag and has carried that and the old conspiracies forward.
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 2/22/22 at 6:28 pm to
You could at least say I'm spreading new conspiracy theories, since the things I mentioned happened after they turned tail.
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 3/1/22 at 5:53 pm to
quote:

Short interest has been in an "underwhelming" range of ~14%-21% for almost the last year. 


From earnings call today:
quote:

“Right now there are several data sources that show we had the same number of individual shareholders now as we had a year ago at this time, in the neighborhood of 4 million individual investors who care about AMC’s future. If you exclude index funds that have no choice but to own and hold AMC shares, individual retail investors would seem to own more than 90% of our officially issued 516 million shares as of today.” -Adam Aaron


Something doesn't add up. Also, squeeze or no squeeze, AMC will not have to issue more shares this year. You stated you didn't think they would become cash flow positive again. Well, guess what just happened?

ETA: In Q4, cash from operations turned positive at a healthy $216.5 million.

ETAA: And it just gets better. Tell me again how you think that the short interest is an "underwhelming" 14-21 percent? Citadel Securities recently released their 2021 financial statement. Take a look at page 8. Over $65.7 Billion in securities were sold without being purchased at fair value yet. Of course that's not all AMC shares, but how many other hedge funds are in the same position with a big part of it being in AMC? I guess this sounds perfectly legit to you?

Citadel Securities 2021 Financial Statement
This post was edited on 3/1/22 at 9:26 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36244 posts
Posted on 3/2/22 at 10:06 am to
I think it's more of the same crap.

quote:

In Q4, cash from operations turned positive at a healthy $216.5 million.


Awesome I guess? They'll need whatever they can get given this important piece of additional info:

quote:

The company has $5.4 billion of debt on the balance sheet, costing it hundreds of millions annually in interest payments.


And they only lost $0.11 per share on 514,000,000 shares this last quarter. To the moon?
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 3/2/22 at 10:30 am to
quote:

The company has $5.4 billion of debt on the balance sheet

What is your source for this? Is this debt increasing or decreasing? Are they able to make payments on time without share dilution? It's easy to quote part of something and not give your source to justify something one way or the other. You never add links to your source. You just pick and choose what you want to appear on the screen.
quote:

And they only lost $0.11 per share

That's a hell of a lot less than the $0.25 per share the experts thought. That's 56% better.
quote:

To the moon?

Again, where did I say this would take it to the moon? You're quick to make statements like this to avoid the fact that you were wrong about AMC going bankrupt or not being able to recover. It's not over, but it looks better and better for them every day. Not worse and worse as you would like to believe.




This post was edited on 3/2/22 at 10:31 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36244 posts
Posted on 3/2/22 at 10:49 am to
quote:

You never add links to your source. You just pick and choose what you want to appear on the screen.


Pretty sure the same source that you used for this

quote:

In Q4, cash from operations turned positive at a healthy $216.5 million.


But I'm not certain because you didn't post your link or source. In fact, I found my little tidbit in a Fool contributor article by googling your quote.

quote:

Again, where did I say this would take it to the moon?


What's your current average share price, and what do you think it's going to within the next year?
This post was edited on 3/2/22 at 10:50 am
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 3/2/22 at 11:15 am to
quote:

Pretty sure the same source that you used for this


I actually got that directly from the earnings call, just like I mentioned in my post, if you could believe that.

I did find the article you are referring to. It's dated 1 month ago, so the only numbers I believe are right are the ones that came from the earnings call. Anyway, let me help you and put the whole paragraph down, since you seem to have a problem.
quote:

.Regardless, turning cash flow positive from operations is a big step in a favorable direction for the battered movie theater chain. The company has $5.4 billion of debt on the balance sheet, costing it hundreds of millions annually in interest payments. If it can sustainably generate cash from operations, it can use those funds to pay down debt and increase cash flow even further.


quote:

What's your current average share price, and what do you think it's going to within the next year?


I don't believe you could find one post where I predict the future price. I will say my average is $16.87 per share, and I think it will be above $16.87 in a year, or else I would've sold.

ETA: Feel free to give me your stock pick and tell me what it will be in a year.
This post was edited on 3/2/22 at 11:17 am
Posted by WDE24
Member since Oct 2010
54841 posts
Posted on 3/2/22 at 11:39 am to
quote:

I will say my average is $16.87 per share, and I think it will be above $16.87 in a year, or else I would've sold.
I think it will be below that price in less than a year, but what I can’t grasp is why you didn’t sell at $70 or $60 or $50 or $40 or $30, etc. Do you think the stock price will ever see those value again? If so, how long do you think it will take.
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 3/2/22 at 11:54 am to
I've already stated in past posts that I sold enough during the run in June, so I would still break even if it went to zero. If you factor that in, my cost per share now is $0.00
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36244 posts
Posted on 3/2/22 at 12:06 pm to
quote:

ETA: Feel free to give me your stock pick and tell me what it will be in a year.


I have a ton of individual stocks and would be happy to give you any of my positions. But I will often reference the price targets from the major brokerages and usually use the average as my own guess for where it can go.

Average and median price targets for AMC are $11.19 and $6.75, so take that for what it's worth.
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 3/2/22 at 5:58 pm to
Those projections might be right for some stocks, but I wouldn't put much faith in them for growth stocks. At this point I see AMC as a growth stock, as it is recovering from the pandemic. Also, if you were to look at these projections a year ago for AMC, you'd see they were dead wrong. Give me one stock that you see with the potential for the most gains in the next year and tell me what that price will be.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36244 posts
Posted on 3/3/22 at 11:10 am to
quote:

Also, if you were to look at these projections a year ago for AMC, you'd see they were dead wrong


Because those projections are based on fundamentals. The likelihood that a stock will see a buying frenzy as a meme stock is not factored in. And maybe it's just me, but my investing strategy is not to buy a crappy stock and hope it becomes a meme.

A few stocks I hold with the highest potential upside - SLI with an average price target of $14, and AXSM with a price target of $80 (if both of their drugs get approved by the FDA in the next few months, $100 is very likely).

Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 3/3/22 at 1:18 pm to
SLI is down over 50% since October. This does not look good either:
quote:

The lawsuit seeks to recover losses on behalf of Standard Lithium investors who were adversely affected by alleged securities fraud between May 19, 2020 and November 17, 2021.

See, I can do this too.

ETA: I forgot to mention that I once owned SLI, but got out in time with realized gains.
This post was edited on 3/3/22 at 1:26 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36244 posts
Posted on 3/3/22 at 1:31 pm to
Virtually every stock in the market has or had these types of lawsuits against them.

And the difference between SLI and AMC is that SLI is operating in an industry that will see unprecedented demand growth with a technology that is ownable. AMC is in a troubled industry with things only looking to get worse. SLI is currently undervalued, AMC is currently overvalued. I could go on but you get the picture.
Posted by Buck_Rogers
Member since Jul 2013
2074 posts
Posted on 3/3/22 at 1:48 pm to
quote:

SLI is currently undervalued

What did SLI report as their last EPS?
quote:

AMC is in a troubled industry with things only looking to get worse.

I mean they did almost bring in as much revenue in Q4 as they did the rest of the year combined. That looks like growth to me. In fact, AMC is now cash flow positive. SLI is not.
This post was edited on 3/3/22 at 2:16 pm
Jump to page
Page First 273 274 275 276
Jump to page
first pageprev pagePage 275 of 276Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram