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AMC Entertainment Holdings Inc (Extended Hours)AMC Entertainment Holdings Inc (Extended Hours)AMC Entertainment Holdings Inc (Extended Hours)

AMC Entertainment Holdings Inc (Extended Hours)

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AMC trade ideas

AMC Echo Bubble ExpectedHello friends. We have been watching AMC collapse for some time now, and it was all very expected. At this point, we think it's time to get ready for a long position off of the lows. All of the bad news has been finished. APE is converted. The split is over. The 40 million shares of dilution is over, and they are unlikely to create more dilution in the short to medium term since they have already secured that funding, which should be enough to fuel the cash-burning machine for quite some time. I think AMC will go bankrupt, but first I think it will have a nice rally
NYSE:AMCLong
by bowtrix
4
$AMC - Is the bottom in?Disclaimer: I have long followed NYSE:AMC and I personally hold a small position. It recently found an area of support which will be extremely tough to break, and based on today's bounce, it confirms that. Bull Analysis: Recent earnings = long awaited positive statement with positive future earnings outlook Falling Wedge with RSI divergence: Falling wedge further information: www.dailyfx.com Support and bounce from near the 76.4% fib retracement (Elliot Wave 2 target) although I still think it gets to $2.78, personally: Upper target Wave 3 target (pre-stock split) would be $475 - $623: Upper target Wave 5 target 200% fib(pre-stock split) would be c.$4000, but AMC hitting this seems very unlikely: Bear Analysis : A Break below $1.18 (pre-stock split) would invalidate the bull thesis. Historically speaking most heavily shorted stocks will fall following a stock split. It could also break the bull thesis. Some interesting research on stocks following a stock split: www.sciencedirect.com Time will tell and hindsight is a wonderful thing.
NYSE:AMCLong
by Bradtheinvestor
4
AMC November 25th, 2024 seems VERY importantI was charting out an AMC chart, and happened to notice several trends seeming to converge around November 25th, 2024 at approx 586.00. Using that, I refined the chart and trend lines using that point as an origin, and tracing it back through the price action. Much to my suprise, the trends all seem to match both major and minor movements of the price action throughout the chart. In one instance, the price action rode the trend for more that 130 days, before dropping to a lower trend. Another interesting point is from the inflection point through the peak of the high in June lines up with price action as far back as 2015. Pay attention to not only the wicks and open/closes of major candles, but also the wicks of the smaller candles in between. I know my charting style is unconventional, but there has been rhyme to my reason in the past. I do not understand the significance of this yet, so I present my findings to you all. Please comment and let me know what you believe is happening here.
NYSE:AMC
by dtmrm8
5
weekly line trendSince the price has been suppressed for a long time, it is comparable to the level before the rise in 2021. There are three signals worth paying attention to from the analysis of the weekly line trend from the technical form: 1. The price contraction trend is already on the eve of breaking through the pressure level (the red and blue lines under the red wave narrow) 2. The short-squeeze signal appears green, and the red lower shadow line is long relative to the front ( The two white circles on the left) belong to the state of extreme compression before the outbreak. 3. The most critical transaction volume exceeds that of similar positions before the outbreak in 2021 (87 million shares on January 19, 2021, and 105 million shares on August 28, 2023. Conclusion: SS is possible at any time.
NYSE:AMC
by Cigarer
3
AMC idea it’s kinda sad that this stock is being manipulated like crazy . 40+days on the threshold list with millions of failed to delivered shares . as far as I know this stock will merge with the Ape shares and become one after a reverse split 10-1 . then the company will flood the market with more shares to raise more money. with the I can say best this stock can do on a short squeez is $5 but that will be risking it. Until those scam bags funds get more ownership on the company there is no reason why to let it go up. I think after the merge. We see a pullback going to the q3 earning but again money that I can lose.
NYSE:AMC
by Todopoderoso
$AMC back to $2.72$AMC looks like it's headed for another low. I could see the potential for AMC to rally up to the $8.30ish region, but if price rejects that range or just falls here, it increases the likelihood that AMC will fall from here back to the $2 range. The bottom of the blue channel structure has already been tested multiple times and has weakened support. If it breaks the bottom of the channel price should decline quickly-- back to the $2.72 area. Be careful if you're long.
NYSE:AMCShort
by benjihyam
15
AMC, Descending-Triangle, C19-Variant Could Roast Sector-Stocks!Hello There! Welcome to my new analysis about the AMC, Theatres Entertainment Stock on the daily timframe perspectives considering important Price Action currently moving the Stock Price. As I mentioned already in previous ideas the current Sector-Stock Market is highly fluctuend with some major Sector-Stocks showing substantial upside potentials while others have a higher possibility to set-up a major pullback and continue with bearish inclinations. These differences within the Sector-Stocks Market should be evaluated when considering either a long-, short-, or total-return-approach. In this case I have detected a interesting Stock on the Watchlist currently that has a substantial possibility to be a main short-candidate in the current market dynamic. This stock is AMC, Theatres Entertainment and there are several factors to consider for the stock from a financial markets perspective, a technical perspective, and the recent important news that could trigger a main sell-out for the sector the stock is located in. Considering the recent news it has to be pointed out that health officials within the U.S., Europe, and Asia region reported about a new Covid-19 variant called "Eris". This new variant already caused the hospital activity related to Covid-19 to rise above 40% which is a serious dynamic because when the hospitals should "struggle" to take up new cases like it has been reported within the Covid-19 outbreaks in 2020 this could possibly trigger new Corona-related lockdowns in the affected regions. Now, to put this dynamic into the perspective for AMC it is important to determine the relation here. As AMC has Theatres and screens all over Europe, the U.S., and parts of other regions Corona-related lockdowns in this region could trigger the Theatres and screens to close in a mass-manner similarly as it has been taken place already within the huge lockdown-waves of 2020. This means that such a dynamic in the entertainment sector could lead to the investors holding AMC could sell-off the stock in mass, especially within such a sector the related bearish wave could reach a strong momentum similarly as it has been already determined within the past. From a technical perspective the dynamics have a highly similar outlook and despite a fundamental bearish inclination the technicals are also pointing to a more bearish outcome likelihood to show up in the next times. When looking at my chart AMC is building this gigantic descending-triangle-formation with the coherent wave-count within the formation and the coherent wave-count already advancing further extensively with the coherent head-and-shoulders-formation within the wave-count about to complete with a bearish wave to the downside. Once the local head-and-shoulders-formation has been completed there is a emensely high possiblity for the next confirmation to show up within the next time because once AMC broke out below the lower boundary of this gigantic wedge-formation this will point to the continuation and substantial extension of the major wave-E within the wave-count and continue into the directions till the main target-zones have been reached. Besides that there are also other signs pointing to this scenario in the market such as the high-likelihood bearish EMA-crossover to setup in the near future because such a crossover will happen once the 200-EMA marked in red has crossed below the 100-EMA in green. Taking these two main underlying conditions for the stock into the perspective, the fundamentals of a potential sell-out for the Sector-Stocks due to potential lockdown waves resulting of the new variant and the major fact that all technical indications point to the bearish scenario, the bearish scenario for AMC should be highly considered to emerge within the next times. Once the whole technical descending-triangle-formation has been completed as marked the targets shown will be activated and once these targets have been reached it will be important how the market reacts into the target-zone and if there is a strong signal in the Sector to reverse a bearish dynamic and point to a technical reversal once the targets have been reached. It will be indeed a interesting dynamic to determine and therefore we will keep having the stock on our watchlist to determine important changes. It will be a important dynamic to determine a positioning on the right side of the market. In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated. VP
NYSE:AMC
by VincePrince
5
$AMC Moving in the Right DirectionOn August 11th, AMC Entertainment Holdings, Inc. (NYSE: AMC) won court approval for its MC Preferred Equity (NYSE: APE) restructuring plan which would allow the movie theater chain to move forward with its restructuring plan. This plan includes converting APE shares into AMC common shares, conducting a 1 to 10 reverse split, and issuing shares to raise capital that is much needed by the company. Following this news, AMC stock dropped 25% in after-hours trading accompanied by a 25% run in APE stock which is expected since now 1 APE share should be equal in value to 1 AMC share. Having said that, the outlook for AMC appears to be brighter than ever as the company can now stave off bankruptcy talk and continue improving its business, especially after the company reported its first profitable quarter in 4 years. AMC Fundamentals Legal Saga is Over At long last, AMC’s legal saga has finally been wrapped up with a settlement worth around $120 million contingent on its stock’s PPS. This settlement approves the movie theater chain’s conversion plan which allows it to convert APE shares into AMC common shares, execute a reverse split, and raise capital. This plan is likely to result in AMC receiving billions of dollars which might save the company from its looming debt crises. As things stand, the company has a means of survival which is an extremely bullish indication for a company that was previously fated to impending bankruptcy. Currently, AMC has 519 million shares outstanding and APE has 995 million shares outstanding. The sum of these two figures – 1.51 billion – adjusted by the reverse split ratio will be the stock’s new float. Once the company effects the 1 for 10 reverse split, that figure should be around 151 million shares. Taking AMC’s latest closing price of $5.2 per share, the stock’s post-reverse split PPS would be around $52. Given that AMC has 524 million in authorized shares, the company may issue up to 373 million shares, which if priced at the stock’s latest closing price, would amount to $19 billion, more than enough to cover all of the company’s $5 billion debt. If the company is able to eliminate all of its debt by raising capital through share issuances, AMC stock would be a viable long-term investment, especially with the movie theater giant finally returning to profitability in its latest Q2 earnings. With that in mind, the company may be set to witness a much more successful quarter in Q3. Third Quarter Blockbuster Bonanza Q3 started off with the opening of Barbenhiemer which is projected to bring in a substantial sum to the Domestic box office. So far, Barbie alone has raised more than $500 million dollars and Oppenheimer has raised $238 million domestically making it one of the top 10 grossing R-rated movies. Barbenhiemer aside, Q3 still has a few more potential blockbusters in store like The Nun II and Equalizer 3. Considering AMC’s status as the largest movie theater chain in the world, these blockbusters would allow the company to realize substantial revenues in Q3 which might see it report a second consecutive quarter of profitability. Shorting AMC As is, many investors are shorting AMC stock and buying APE in anticipation of the upcoming conversion. Since AMC is more expensive, and APE stock will be converted into it, it is expected that AMC will decrease in value and APE will increase in value due to the conversion until both meet at a similar price level. However, this dip might be a short-term thing given the bullish sentiment surrounding the conversion deal since it would effectively eliminate the company’s debt. That said, AMC is highly shorted with a short interest of 27.4% and 38.4% of its float on loan and its short interest may continue increasing in the coming days due to the strategy of shorting AMC stock and buying APE ahead of the conversion. In this way, the stock may witness a short squeeze soon thanks to the growing bullish sentiment surrounding the company’s long-term prospects following the approval of its restructuring plan. AMC Financials According to AMC’s Q2 report, the company’s assets decreased from $9.1 billion at the beginning of the year to $8.6 billion due to its cash balance plummeting from $631 million to $435 million. This decrease is likely due to the company paying off its current liabilities which decreased from $1.69 billion to $1.5 billion. On that note, total liabilities experienced a slight decrease from $11.76 to $11.25. When it comes to revenue, AMC experienced a YoY increase from $1.16 billion to $1.34 billion due to marginal improvements in ticket sales which increased from $651 million to $744 million, and FNB sales which increased from $396.7 million to $488.2 million. During this time, expenses increased slightly from $1.18 billion to $1.26 billion as a result of increases in depreciation and merger/acquisition costs as well as film exhibition costs. Having said that, AMC managed to achieve profitability for the first time in 4 years this quarter going from a $121.6 million net loss in Q2 2022 to a $9 million net profit in Q2 2022 as a result of its improved revenue. Technical Analysis AMC stock was in a bullish trend as it was trading in an upwards channel which it has broken after the approval of its plan. Looking at the indicators the stock is below the 200, 50, and 21 MAs which is a bearish indication. Meanwhile, the RSI is oversold at 24 and the MACD is starting to curl bullishly. As for the fundamentals, AMC recently resolved its legal battle with a settlement that will allow it to move forward with its plan to raise capital to deal with its debt situation. In this way, any fears of the movie theater chain going bankrupt should be alleviated. With the stock at 52-week lows, the current PPS could be a good entry point as the drop in after-hours last Friday may have been an overreaction. AMC Forecast Thanks to the recently approved settlement, AMC’s mounting debt crisis is likely behind it and the movie theater giant can now build on its successful Q2 where it returned to profitability for the first time in 4 years. Considering the successful releases of Barbie and Oppenheimer in Q3 as well as the anticipated releases of The Nun II and Equalizer 3 later this quarter, the company may be poised to post a second consecutive quarter of profitability which would boost the stock price significantly. Considering the stock’s growing short interest due to the strategy of shorting AMC stock and buying APE stock ahead of the conversion, a short squeeze may occur with more positive developments from the company – especially since it intends to start raising capital in mid-August.
NYSE:AMC
by Penny_Stocks_Today