AMC, December 2024

Close one, with the timing of the Debt for Equity at 5.66, GO plan, big box office movies and a peaking stock market, there's a bullish lotto play short term with at least a 100% returns. Up to the $9 - $13 range. Could last until January, but we all know AMC runs quickly, then falls as quick. The reason for that fall would likely be economic conditions getting worse and the market finally falling.
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It is safe to assume that AMC will also feel the effect of a recession although it has proven in the past that it could care less (check out defunct symbol : AEN, October 2000).
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Still it is wise to remain cautious and expect rejection near $11 and be ready to catch the dip. As AMC is poised to recover along with the movie business through 2025 - 2029.
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If their mission is successful and AMC can survive through harsh months coming up, then this ticker will play a major role in a potential movie bubble that is brewing.
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Nothing is guaranteed, there is always a lot of risks investing in non-profitable and debt ridden companies. Thankfully AMC has seen a slow but solid return to balance sheet cleanliness.

Less expenses, more streams of revenues and debt is being pushed out and actively paid.

There are probably more rounds of dilution coming up along the way, this is when you should have your cash ready. Because when the box-office numbers start popping up again and resume their pre COVID climb, AMC won't spend much more time down there.

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This is not financial advice.
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