In my honest opinion I see AMC as a parasite with a horrible business model. Every AMC I’ve been to across the states is nothing more than a parasite.
Not only are actual AMC theaters deteriorating in quality due to shitty management, but they are in horrible areas 9/10 times.
How has this happened?
The death of brick and mortar stores and American malls has left AMC theaters the only building left standing in some of the most horrible maintained empty strip malls possible.
Their original buildings are almost always situated on hard to access stroads. Not to mention the shitty environment only breed shittier management.
The only reason they are hanging by a thread is publicity from their promotional items, and their absorption of small theaters.
However they are spreading themselves thin, nearly every well performing theater in a 50 mile radius of me has been absorbed by AMC. They’ve completely ruined cinemas, rather than just deciding to purchase the cinemas under the AMC brand or as a subsidiary. They’ve completely rebranded every theater as a fully AMC theater, changing staff, entire menus, signs, etc. I mean spending easily hundreds of thousands just to renovate. Not to mention renovating modern theaters which didn’t need renovation.
My most local theater was a hub for the community, when AMC bought the building they literally put the menu monitors roughly 10+ ft up on a wall, despite the theater having already had modern amenities. Brand new digital signage for theater rooms were removed for no reason. Etc etc. and this goes for nearly every location they have purchased.
They’re literally burning money as they destroy local cinemas and their own ticket sales by making the theaters they purchase and own even more miserable to be in.
AMC has a terrible buisness model.
byu/Iamooble inwallstreetbets
Posted by Iamooble
45 Comments
SO. . . 😂😂😂
post put position
![img](emote|t5_2th52|4260)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
The candy they use to have, I can’t find the candy at the front of the registers. it’s all gone, I just got a coke slushie, Pretzel bites with cheese.
Op lives in the type of place people dream to get out of
OP lives in Ohio
never a good business when you rely on low income people to go to your shitty theaters.
https://preview.redd.it/xojy3c6d8n5d1.jpeg?width=597&format=pjpg&auto=webp&s=281142c5b67d0e70aa7a200b6f7d33b2b344f95f
It’s a meme short squeeze stock. No one cares about the fundamentals
You’ve just convinced me to buy more
This lack of substantive evidence and reasoning is begging me to buy AMC
I don’t care if it closes tomorrow, but I hope the price goes back up before that happens. I regret not selling at $72
AMC is complete trash in their financials
They diluted shares recently bc they essentially have to
They don’t actually generate a revenue, like the company had -180 million in operating income last quarter and -150 the quarter before that. On a annual basis they have had negative operating incomes for 4 years
They have negative cash flows from operations for 4 years. They only have 660 million to keep this thing afloat. Negative shareholder equity you got 9 billion in assets and 10.8 in liabilities
4.6 billion dollars in long term debt on a company that makes no fucking money
They needed that 250 million from dilution BAD
When you go look where the moneys coming from check their cash flow statement
Net equity issued
+3 billion dollars from issuing stock over last 4 years
Retail donating billions to keep a movie theatre chain that doesn’t give a fuck about them afloat. It’s honestly pathetic and insane
AMC bag holders are truly gods most regarded children
In my town and surrounding areas, they’ve all been rebuilt and are way nicer than they used to be.
Call On AMC
I thought we weren’t allowed to talk about AMC on this sub
I’d never short this garbage now, that time has passed.
And yet you are still going to AMCs “across the states.”
Calls it is ![img](emote|t5_2th52|4275)
Yes AMC, the one we have all been buying for its strong financials
Good enough to use, not good to own a lot off.
Old news. Who invests in AMC for the company it’s a meme stock 😂
I will not touch AMC stock at current prices, but I would argue they are the best theater chain by far lol.
They have exclusive rights to Dolby Cinema, which is far and away the best way to watch a film right now from a technical perspective. Nothing comes close to the experience of a Dolby screening.
They also have A-List which costs $19.95 per month and allows you 3 screenings per week, which includes both Dolby Cinema + IMAX showings, as well as special events like the big UFC cards and big boxing cards.
Very random, but they somehow have the best mozzarella sticks I have had outside of Italian restaurants.
With how important they are for the industry from their Dolby Cinema theaters, their industry events, etc, Hollywood will never let the business fully die.
As a massive film nerd, I absolutely adore AMC. As an investor, I wish I could confidently invest in them.
Yes they sell reheated popcorn.
All one needs to know is the CEO is slimy as the come.
no other theater can serve you wings. that is exclusivity, that is limited supply that the demand has to meet.
AMC has sold so many shares to “investors” that they might even avoid bankruptcy
You make a lot of claims that seem to be baseless, you’re just assuming what happened in bumfuck Ohio happened elsewhere. You sound like amc bought the local cinema you worked at and they didn’t keep you on board lmao
Last time I went to an AMC …I had to deal with a mall, and there were not even reserved seats.
I like amc 🙂
LOL BITCH BETTER HAVE MY MONEY. $AMC TO THE FUCKING MOON 🌙
Tell me more about the cheese sticks
they gonna coll it america and return pre1950 movies \(s)
I can’t believe you put this much thought into a dead company
If they just lowered the price of food and candy I think people would go more frequently. I don’t feel like sneaking in my own snacks every time.
Welcome to Wall Street.
Damn sounds like OP may have a short position in AMC 🤣
Idk the KC Barry Road one is pretty nice. The imax and Dolby theatres are anyway. I still think they are a shit company though. LOL
agree but markets be irrational longer than i can remain solvent
No bitch to me, bet with your head not over it
No shit bro lol
They should go back to making DeLoreans.
I agree, it’s a terrible business. Their concessions are incredibly slow and not built for effective customer throughput. Concessions could easily be a huge share of this business.
Heard you loud and clear – going heavy on AMC calls
OP must live in shit area…..AMC in ATL is great….the Dolby theatre is next lvl!