AMC Entertainment - AMC - Share Chat

I’d argue it has already been through the short squeeze to get from 2-4 to 50-60 usd. Some on here will disagree.

For all those people claiming about shillbots etc there is also no escaping that the ape side of things has also been highly manipulated.

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How’s it been through a short squeeze when they still haven’t covered their shorts? Lol

Price got to this point through FTD’s and fomo buying.

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The fundamentals of AMC are terrible in all honesty. Most people are here for short squeeze. This stock doesn’t go off fundamentals or technical analysis at this point.

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Completely agree, as I said short term all bets are off and analysing the company is a waste of time.

That’s why I think it’s disingenuous to point at price targets from analysts that are based on fundamentals and mostly published in 2020 when there were 1/5th the number of shares outstanding. Hardly any sell side analysts are covering this stock so it’s no wonder the ratings are messy.

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Disingenuous to whom? The analyst with a $1 target or the analyst with a $16 target?

How do we get to an Underperform Recommendation Rating from these numbers too? I’m a bit baked, am I missing something?

All of them, they weren’t trying to predict these short term events they were trying to assess the fundamentals of the company at the time they were written. That $1 target from MKM was in Feb 21 which actually makes it equivalent to the $4 targets in 2020 and more bullish than some of the lower 2020 targets.

For what it’s worth I think these targets are often pretty meaningless, trying to distil research into a single price is always going to be flawed (like trying to convert a film review into a 1-5 star rating) and there are many legitimate criticisms of them, but don’t try and pretend they are something that they are not.

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I’m not sure what you think I’m trying to pretend they are?

Edit to add what I do think they are. I think they’re meaningless. The thing with review ratings for movies is we’ll get enough ratings to get to a decent average…

Has anyone here brought more shares at current prices since people are so sure price is going to go crazy.

Not since May, I like my £7.11 avg too much lol. I’ve got quite a small amount though, am a GME’r for the main.

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I’ve bought at all price points, highest was $57.

I’m going to buy more today.

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Panicked and sold half my shares for a small loss and now it’s back in the green today. Typical :roll_eyes:

Holding on to this second half for dear life now, gotta make that loss back :joy:

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I’m holding mine till whenever they reach at least the sun :sunny::joy:

I did the same!

Price targets based on fundamental analysis is not shill lol. Anyone that can do DCF model can get those same numbers, there is no trick and no manipulation…

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Have another little read and kindly point to where I said it was. I answered which app the info came from and I replied describing the likes of Yahoo.

I did check again. You called Yahoo Finance shillbots and said the price targets were “nonsense” therefore I commented that those targets were based on a bit more than just shilling.

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Does Yahoo Finance come up with the targets? You seem to be getting caught up in the semantics of the English language.

No, ofc not, they just compile them but I was focusing on the price targets being “nonsense”. It is not semantics, I am simply saying that getting those price targets is not a shill excercise, it’s fundamental analysis, my valuation model is not trying to deceive me and I am not using it to trick anyone. I just wanted to point it out because it is a common thing to assume anything that doesn’t agree with you is nonsense, this is called bias.

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Oh so you’re trying to educate me in the ways of MSM and analyst groups? I assumed condescension what with your added LOL.

David, just look at the entirety of the market and tell yourself it wasn’t set up to benefit you. Because it wasn’t.

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