AMC: Another Short Squeeze Isn't Likely Anytime Soon

Investor Trip
3.87K Followers

Summary

  • AMC Theatres was once one of my favorite short squeeze candidates but I've lost interest due to several key headwinds.
  • The company plans to further dilute shareholders through the upcoming APE conversion vote.
  • Stock halts will continue to limit AMC's upside in the long term.

New York during the COVID-19 emergency.

Massimo Giachetti

AMC Entertainment Holdings (NYSE:AMC) will report Q4 2022 earnings on February 28th, 2022 and hopefully provide more insight on the forward 2023 guidance and as well as the upcoming APE conversion vote. The company wants to convert APE

This article was written by

3.87K Followers
Tarik Pierce is a 38 year old American stock & crypto analyst with over 25 years of experience in equity markets and 5 years of experience in cryptocurriences trading. He understands the plight of Millennial investors who are faced with rising cost of living and inflated housing prices in a fiat dominated financial landscape. His investment thesis is focused 100% on CAGR (compounded annual growth rates) and finding which stocks & cryptocurrencies can provide the most alpha returns over 5 to 10 year periods. He is currently interested in Bitcoin holding companies (i.e. MicroStrategy), Bitcoin mining companies (i.e. MARA Holdings), electric vehicles (i.e. Tesla) to name a few examples of stocks that can significantly outperform the S&P 500 and other comparable investments. The rest of his time is spent researching Bitcoin and preparing for an inevitable Bitcoin standard in the near future. His investing approach is 80% long equity shares and 20% options plays to maximize ROI without taking on too much significant risk. He normally holds no more than 5 stocks at a time and doesn't believe in over-diversification. He studied Economics at Dartmouth College in Hanover, NH (USA). His track record includes early investments in Tesla, BItcoin, Nio, MicroStrategy and others.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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