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LMAO you apes holding AMC like it's the last banana on Earth. It's a dead cat bounce and you know it. Sell now or enjoy being a bagholder till the next pandemic!
Submitted 1 year ago by BagHolder69
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OP's got it right. Actual financials should matter too, can't run on hype forever. If you're so bullish on AMC, dig into the balance sheets before you preach to the choir. Shorts might be playing with fire, but so are 'diamond hands' ignoring the reality.
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AMC's fundamentals don't justify the current valuation, that's clear. However, the stock market is a sentiment machine in the short term and a weighing machine in the long—you gotta distinguish between investing and trading when you talk about stocks like AMC.
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Y'all forget that theaters are more than just a place to watch movies, it's an experience. People are itching for normalcy, and AMC's positioned well for a bounce back. They've been paying down debt, improving their liquidity. And c'mon, who doesn't wanna see a blockbuster with a bucket of popcorn? I'm holding.
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While the sentiment here is strong, be cautious. AMC's overhyped due to a squeeze scenario but fundamentals tell another story. It's not about being a bag holder but making smart moves. The company is facing massive headwinds from digital streaming and the likes. Think twice before holding longer-term.
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Bro, I see where you're coming from but AMC's still got some fuel in it if you ask me. Those institutional shorts didn't cover all the way and the apes ain't leaving. It's more than just a stock, it's a movement now, ya know? Just watch the charts.