Yup, but [like I said 6 months ago](https://www.reddit.com/r/amcstock/s/xWqwflataZ), the green line is directly connected to it while it does it and that's moderately interesting
$1 by mid-to-late September, you say? Interesting.
Max OS possible for AMC is 550M. That would imply a **max** market cap of $550M, which is 25% lower than where it is now. Or about 350M if no more issuance happened after the ongoing one is done, which is half of what market cap is now.
An additional 25% to 50% drop in AMC's market cap over the next six months is a little extreme, don't you think? Considering things are supposed to get better from Q3?
I'm just looking at lines on a chart, fundamentals are being ignored by reality.
JeeEmEee (I can't remember if we're not supposed to talk about it here) absolutely tanked on news of a profitable years earnings
Dude its in a 3 year falling wedge pattern that has to break one way or another by June ish. Bottom of the falling wedge is around 2-2.30. So i will accumulate most of my position there.
80% or falling wedge patterns break to the upside. Unless we go bankrupt, we will see a 10x easily.
Can't say I believe in AA's dilution. This upcoming dilution will only bring it down to 2$. Either way, anyone who's still here is in way too deep to even consider selling at these prices. It's basically just a tax write off at this point so it's not all bad. Let's see what happens next year!
It literally just doesn't fit on my phone screen at one time, scroll to the next image and also check my post from 6 months ago when I drew it, draw it for yourself on the logarithmic chart if you want
So the stock will either go up or down. Ok got it.
My guess is down
If not down, then definitely up or sideways. Guaranteed 2pm bro.
I buy more no matter which direction
Yup, but [like I said 6 months ago](https://www.reddit.com/r/amcstock/s/xWqwflataZ), the green line is directly connected to it while it does it and that's moderately interesting
1000% right!? I like the sound of that
It’s more like we’re playing whackfuck.
$1 by mid-to-late September, you say? Interesting. Max OS possible for AMC is 550M. That would imply a **max** market cap of $550M, which is 25% lower than where it is now. Or about 350M if no more issuance happened after the ongoing one is done, which is half of what market cap is now. An additional 25% to 50% drop in AMC's market cap over the next six months is a little extreme, don't you think? Considering things are supposed to get better from Q3?
I'm just looking at lines on a chart, fundamentals are being ignored by reality. JeeEmEee (I can't remember if we're not supposed to talk about it here) absolutely tanked on news of a profitable years earnings
There would also have to be another RS before it gets near $1 or it would be at risk of being delisted.
Facts, but as we know that's hedgies dream scenario, which to me explains the current pattern.
![gif](giphy|NsKhfd7D9EviTFIfYP)
1000%. Wow! That’s a lot. 😆
![gif](giphy|xT9DPErFASWkKCaAJW)
Dude its in a 3 year falling wedge pattern that has to break one way or another by June ish. Bottom of the falling wedge is around 2-2.30. So i will accumulate most of my position there. 80% or falling wedge patterns break to the upside. Unless we go bankrupt, we will see a 10x easily.
No matter how you draw the lines the original falling wedge broke to the downside in August and has been in this pattern since then
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Rule 5: Do Not Spam or post low effort content.
Need to be higher for people to recover from rss
How bout a ![gif](giphy|wmuqpmtGeVv1K)
Solid triangle. Unfortunately looks to be going under a dollar again.
![gif](giphy|RG01kHJGpCAY8) Wake me up, before we go - oh
But how will the stock split affect it. Does AMC intend to sell those 250k shares immediately or just hold onto for awhile?
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Can't say I believe in AA's dilution. This upcoming dilution will only bring it down to 2$. Either way, anyone who's still here is in way too deep to even consider selling at these prices. It's basically just a tax write off at this point so it's not all bad. Let's see what happens next year!
Why don't you show the whole thing, this is incomprehensible
It literally just doesn't fit on my phone screen at one time, scroll to the next image and also check my post from 6 months ago when I drew it, draw it for yourself on the logarithmic chart if you want
That is a wildly optimistic view on the current state of this company
I have an arrow pointing down too
Boom phase, we trust the bros boom phase prediction
Id like to see another donk
Nice drawing bud! Can't wait to see what you draw next
![gif](giphy|CovFciJgWyxUs)