![]() The Motley Fool has no position in any of the stocks mentioned. Rich Duprey has no position in any of the stocks mentioned. *Stock Advisor returns as of August 17, 2022 and AMC Entertainment Holdings wasn't one of them! That's right - they think these 10 stocks are even better buys. They just revealed what they believe are the ten best stocks for investors to buy right now. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* ![]() When our award-winning analyst team has a stock tip, it can pay to listen. Unfortunately, there's nothing that suggests it's going to happen.ġ0 stocks we like better than AMC Entertainment Holdings Taking into account its worse-than-expected loss of 1.42 in Q1 2021. AMC can buy up their competitors, upgrade their theaters, and invest in. According to Wall Streets estimates, AMC is slated to lose 3.18 per share in 2021 and another 0.84 per share in 2022. Rival Cineworld was reportedly preparing for bankruptcy, and though AMC isn't about to follow suit anytime soon, the movie theater stock needs something more than buying defunct gold mines or issuing non-fungible tokens to reverse its trajectory. AMC and GameStop are once again being squeeze by r/WallStreetBets and other. And if Hollywood doesn't release some more blockbuster films like Top Gun: Maverick, it will suffer in attendance, which continues to trend below pre-pandemic levels. Robinhood and Interactive Brokers have become the latest platforms to restrict the trading of several highly shorted stocks. As the Federal Reserve raises interest rates, the cost of borrowing is going to go up. Now whatĪMC Entertainment has a host of issues it must confront, not least of which is a heavy debt load of over $5.3 billion. And with a short interest ratio of just over three days, it's not likely a squeeze will occur (anything over seven days is considered a lot). The common shares are still heavily shorted with over 17% of the stock sold short, but it's fewer than in more recent periods. Meme stock traders had also pinned hopes on the preferred units igniting a massive short squeeze, and now that it hasn't materialized, it's becoming more clear to many there's not much hope for a rally of any sort. APE was created specifically to get around the limitations AMC faced on raising cash by selling shares. Confidence in the movie theater operator is waning because it's clear more dilution is coming.
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