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I have been paying closer attention to this penny stock AMC Entertainment Holdings Inc (AMC). I noticed they are having difficult running business as usually because of Coronavirus Pademic. They have lost out of millions dollar. I do not see any cash flow on this company. However I think there is a possibility chance for AMC recovering. Today, stock gone up slight. With good dividend payout, but no cash flow. It all don't make sense. I do hope this company does get better overtime when things get back to a new normal. Here is one thing I hope this company will get into Cognitive Intelligence which is more creative. This will make it more fun for customer to experience something even bigger, better and fun. Does anyone have a thought of AMC?
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Real Fools don't do "the pennies"!
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AMC Theaters have remained open since August with mostly classic titles on screens, though of course, box office has been light. They also have a digital rental business that has generated some revenue. But there is no question, the theater business is hurting and many claim that with the growth of DTC services like Netflix and Disney+, the industry is on its deathbed.

I don't agree. Personally, I want to to see movies on the big screen, and studios like Disney agree, which is why, while Mulan and Soul were released directly to Disney+, Marvel has held back Black Widow hoping to get it in front of Marvel fans in theaters. Other studios have taken different paths. I did note that last September AMC promised to resume billing for A-List and Premier Stubs subscriptions in December and that did not happen, nor has there been any communication with members.

The good news is that the company secured a $100m loan, which demonstrates a commitment to its survival. The bad news it carries a hefty 15% interest rate. And the movie theater industry was not exactly healthy before the pandemic, so there will be challenges ahead.

If you have a premium subscription, this article was published just this week:

https://www.fool.com/premium/coverage/investing/2021/01/19/w...

Fuskie
Who cannot offer individual or personal investing advice but would see this as being a definite turn-around investment...

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HAHA. Thanks for reply. I do not do penny stock unless it is well worth it. I was very interesting in AMC and hopeful they will do better in business. At the moment AMC is not worth buying. Thanks.
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For me, AMC doesn't necessarily fall into the same penny stock caution he usually spouses. The reason is that the company once was substantial before falling on hard times. That's what makes it a potential turnaround opportunity. The caution against penny stocks is usually for companies that either exist in name only, or are are unproven in whatever product or service they are building. I don't see AMC as being one of those companies. I'm also not sure they can successfully turn things around. What I am sure of is that if they can, it will take a long time and require patience from investors.

Fuskie
Who selfishly wants them to succeed because he wants to return to the theater and not have to settle for the DTC experience for future blockbusters...

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Premium Home Fool: Ask me a Foolish Question, I'll give you a Foolish Response!
Ticker Guide: The Walt Disney Company (DIS), Intuit (INTU), Live Nation (LYV), CME Group (CME), MongoDB (MDB), Trip Advisor (TRIP), Vivendi SA (VIVHY), Mimecast (MIME), Hain Celestial (HAIN), Royce Micro Capital Trust (RMT)
Disclaimer: This post is non-professional and should not be construed as direct, individual or accurate advice
Disassociation: The views and statements of this post are Fuskie's and are not intended to represent those of The Motley Fool or any other sane body
Disclosure: May own shares of some, many or all of the companies mentioned in this post (tinyurl.com/FuskieDisclosure)
Fool Code of Conduct: https://www.fool.com/legal/the-motley-fools-rules.aspx#Condu...
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Call to Action: If you like this or any other post, Rec it. Better yet, reply to it. Even better, start your own thread. This is YOUR TMF Community!
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haywool said:
Real Fools don't do "the pennies"!

I disagree with that statement.


Buy companies that you want to invest in and ignore the fool. Remember its your money you earned so you can do whatever you want with it. I look at yahoo finance message boards for other holders of the stock that post there.
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mtr,

re: your notice with FGPRQ

https://www.barchart.com/stocks/quotes/FGPRQ/interactive-cha... charts don't lie people do.

https://schrts.co/fhftBqMc firmly believe it was a PND.

The last sell signal was on 1/20/21 and believe FGRPQ will drop down to 0.14 cents.

Just a thought,

Quillnpenn - a poor church mouse scratching for a living as a Swing Trader for over 45 years.
------------ Vision - Multi-Millionaire.....Goal - earn 1.3% - 2.5% compounded Daily
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Quill,

I'd say the retracement target is $0.15-$0.20. But, clearly, the insiders who jumped on BEFORE the BK announcement Jan 11 cashed in a couple days ago, and now FGPRQ should be avoided, never mind the company's financials suck majorly.
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I just posted it for fyi info do not own it. I do own 25000 of VBI vaccines.
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