Jan. 13 at 7:32 PM
$AMC this stock epitomizes meme stocks. Retail gets a momentary advantage and then slowly but surely market makers and hedge funds grind them to dust. And the worst part? Management facilitates it.
That said I think given the weakness of price and the importance of having theatres for movies companies this will be acquired by Netflix. They were testing it with stranger things.
Often before an acquisition the big boy beats it down in price to make it work for both sides as they need to pay a premium
