Quote:
Originally Posted by Table 5
AMC looks to be in one of those situations where things are so negative for the industry that it doesn't even have to do great for it to pop. They may just need to go from "terrible" to "bad", and you'll still come out ahead.
Assuming they don't go under that is.
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Short term to be profitable, all that is needed is that high short float and general sentiment of movies being loved, Biden saying he will save movie theaters, AMC saying they are aggressively pursuing bailouts, etc.
Long term, they will either be bought out or file bankruptcy. But i'll have long made my money before they do that, just as I did from JCP and HTZ.