Sleep selling $AMC stock

On Nov. 26th, 2021 at approximately 04:03am, $AMC stock took a tumble from $39.13/share to $36.31 by the time market opened .

At the lowest point, $AMC dipped to $35.93 at approximately 05:36am. No apes were selling at 4am. No apes were selling at 5am. No apes were selling at 6am. No apes were selling. Period.

Apes held at $72.62. Do you sincerely thing that these millions of investors have held all the way up to $72.62 just to sell at less than HALF of that?! Not in your wildest dreams.

The DD is done. Adam Aron has done an amazing job keeping $AMC afloat and helping bolster the business.

Revenue estimates called for $382.25 million. AMC posted actual revenue of $444.7 million, beating estimates by over 15%. Attendance at AMC theaters in the 2nd quarter was $251.7 million. Last quarter’s cash flow stood at $324.8 million.

$AMC is now chasing alternative content for theaters, including deals with the UFC, NFL, NBA, and other live sports as well as the possibility of gaming events alongside $GME in a collaboration.

$AMC CEO Adam Aron has also announced that $AMC will be accepting Bitcoin, Ethereum, Bitcoin Cash, Litecoin, & possibly Dogecoin, along with Google Pay, Apple Pay, and Pay Pal at $AMC theaters as alternative forms of payment. These already account for 14% of online transactions.

There is NOT A THING to worry about. What you DO need to ask yourself is this: how far does your conviction go? Will you hold when the stock tumbles down to $30? Would you hold if the stick dipped down to $20? Would you hold if it went back down to $10?

The price on the ticket doesn’t matter. That can be manipulated. What can’t be changed is your conviction in the stock. Not if you’re truly convinced. The billions of naked shorts in the market cannot be swept under the rug so easily. And when $AMC finally squeezes it will be worth having held onto for this long - whether that’s months to come in the future, or sometimes in 2022.