Ann: Form 8-K - 1Q 2021 Results, page-21

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rocket973

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20/01/21

18:35

Post #: 50317709
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Originally posted by rocket973 ↑

I'm slowly moving back into AMC, by spending profits from some of my penny dreadful mining stocks that have gone up as investors try and pick the next VUL. All speculation and a lot of capital raises before they make one dollar. However these penny dreadful mining stocks make it an easy way to double or triple your money quickly. Its unlikely that AMC will ever do the same, but as AMC gets sold down further it becomes an even better dividend stock.

You can't really count the March 2020 lows as every stock on the market was trashed at the time and in most cases you could easily make 100% to 200% on the rebound. Even travel stocks have rebounded.

I was a great believer in AMC back in 2011, I bought into the SPP at $4.30.
You'll note from my posts back in 2011 that I was extremely bullish.
I did sell out sometime in 2017 and moved into mining stocks, and over those past 3 -4 years AMC share price has gone absolutely nowhere in fact its gone down, I bought some today $1/share cheaper than I sold back in 2017. The dividend has improved marginally.
That said, I believe that AMC is a great stock with a good future and look forward to buying more if/ when the share price goes lower.

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Looking back at my previous AMC buys and sells, I did enter briefly in 2019, I thought AMC was a good stock to own if Bill Shorten had have won the last Federal Election and brought in Franking Credit rip-offs.
I'm pleased to back in this great company at a good price.

AMC Price at posting: $14.42 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $13.99		Change -0.200(1.41%)		Mkt cap ! $8.793B

Open	High	Low	Value	Volume
$13.96	$14.03	$13.86	$82.08M	5.879M

Buyers (Bids)

No.	Vol.	Price($)
1	1100	$13.99

Sellers (Offers)

Price($)	Vol.	No.
$14.00	5000	1

View Market Depth

No.	Vol.	Price($)
2	1102	14.260
4	1028	14.080
1	400	14.040
1	356	14.020
3	2061	14.010

Price($)	Vol.	No.
13.150	19	1
13.300	273	1
13.700	433	1
13.800	1	1
13.990	1670	1

Last trade - 16.13pm 26/06/2025 (20 minute delay)

AMC (ASX) Chart

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Ann: Form 8-K - 1Q 2021 Results, page-21

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