/biz/ - Business & Finance

Day of the dividend edition

Get out while you still can.

I repeat, get out while you still can.

We’re coming home: Edition


2Q earnings soon

Are you going to pay money to watch a movie at the theaters in the next 6months?
Yes = amc stonks rise
No = amc stonks fall

Get your orders in, this shit is getting pumped today!!

Why can't this crap just stay above 9 dollars? What is so difficult?

>>29652250


20$ eod

>volume: over 350 MILLION
>outstanding shares: 339 million

Don’t let gme distract you from the fact that amc is going to absolutely explode if closing above 9 on Friday. Buy the dips today and tomorrow. If it closes over 9, you get to name your price

My average is 10.11 now so I'm more than broken even. However, I only have about 50 shares and would like more. I was scared to buy more when it was under $6 because of all of the hedgie shills on biz but I at least held.

Did I miss the boat in adding to my shares before it moons to $15+? Do we expect AMC to crash again before it reaches 15?

When is it going to go back up AMChads?

.

Tommorow is a dip

Right?

14$ eod

.

Hold or sell?

AMCbros, today is the day we moon.

Black rock is purchasing AMC shares as we speak. You better prepare for the moon everyone

AMCbros, can we still make it?

>Dividend currently suspended
>Still in deep shit even with 600 million debt erased.

Let's say you bought $500 at $16

1. Take their 52 week low before the pandemic: 1.91x the number of shares you have. The price will likely fall back down here.
31 x 1.91= 66.85
500 cost - 66.85 sale = 433.15

2. AMC had 3 different dividends in the past two years. $1.55 ONCE on 9/28/2018. $0.20 throughout 2018 and 2019. Finally $0.03 just before the pandemic hit on 3/06/2020. Ever since then, it's been suspended. Let's be pessimistic and say that it will only be $0.03 when it's reinstated because AMC wants to hold cash.
31 x 0.03 = 0.93
433.15 / (0.93 x 4) = 116 years + the time until AMC brings their dividend back.

Or you can sell now
$13 x 31 = 403
500 cost - 403 sale = 97

Guys, just sell now, take the loss and reinvest whatever's left into something that's going to make more than 97 fucking dollars. This bag isn't even worth holding.

Where's my AMC bros today?