RE: AMC REDDIT3 Jun 2021 09:02
Latt no one has ever said they wouldn't want to see rises like that here that's a given.
The opinion changes simply when
1) there are comparisons and frustrations in the price because some believe if amc do well then cineworld should do just as well because they are in the same sector , some people here don't understand the rise of amc is not because cinemas are open again and demand is big for the screen, And they simply cant acknowledge that there is a reason they have moved from 2 dollars to 60 odd dollars based on these reasons alone.
2) a reddit style movement on cineworld , some believe that it's possible that because we are shorted reddit may want to move over to cineworld and do the same thing , this has been talked about many times , as some say there was a cineworld logo on a reddit page , hashtag this and hash tag that , but to put it bluntly it didn't work. Yes it would be great to have a share price I'm involved in be sky high but realistically it won't happen as it prib would of by now.
So while everyone AGREES a sky high s.p price would be good some see there are no comparisons with amc other then we are both cinemas and some believe reddit wont cone knocking on our door.
Instead they choose to look at the positives going on at our own doorsteps , like we are open , filmslate , money in tills etc etc and use that as a reason to have genuine hope our personal price targets will be met sooner rather then later.