Box office is record breaking, post Covid, and we got this BANGER around the corner. Oh, and live action Moana this weekend. 😎🫴🍿
Micheal almost clears 1 Billy.
Obsession is setting records.
Bears tongue the anus of freedom
Hasn't posted an Ortex update in 10 days in any of the shill subs he created, hasn't commented in 10 days, only posts "Happy ____ day" every couple of days. Seems he finally gave up that account after going off the rails and burned it.
Imagine how much damage that guy has caused to real people, cheering on multiple billions of retail losses in GNS, BBBYQ, AMC, attempted GME, and the others... Literal billions.
Now, the only question is, since we know he has numerous alts, just like his made up "SUMA" accusations (Single User Multiple Accounts), which account has he made his new main?
I double dog dare you, shithead
everyone here is real scared oh no
Volume: high
Candle: bearish engulfing
9 d ema: below
Action details:
On MON, cleanly failed against the highs of 01JUN26 and 26JUN26. Also, attempted, but failed to close over the 9 d ema. On TUES, made a false break below 23JUN26. On WED, cleanly failed to take out the low of 26JUN26. On WED and THURS, went down and tested but closed above the 200 d sma. On THURS, went down on higher volume, but had an inside day.
Also, THURS had the highest off-exchange volume since early MAY26. Thus, much of the short covering was done off-exchange. Off-exchange volume was back up all week after being down on FRI. That helps explain the lack luster performance all week.
The downslide seems to have been stopped by the band of support from the 1st ten days of JUN26.
In DEC25, amendment of the Cert. of Incorporation to double the number of shares of class A common stock from 550M to 1.1B was approved. There currently 893M shares outstanding. So, only ~200M more shares can be issued (another amendment would be needed to issue more.) Thus, there could be a couple more big hits to the stock price coming.
A one for ten reverse stock split would not be a surprise.
Down on a down day for stocks and a down day for it's competitors (CNK & IMAX.)
The most recent big FTD days(settlement, shares): 01JUN26, 1.5M; 02JUN26, 3.6M.
Expecting a green week for AMC. Drivers are strong JUN26 box office numbers and strong 4th of July weekend box office numbers.
Give it the mayo, bois
Why are Mizzou and BenefitSignificant always circle jerking each other? I mean, it's like they have notifications turned on for each other.. I've never seen anything more embarrassing than those two. Or could it be possible it's the same person? Every time that Mizzou clown post or says ANYTHING, there is Mr. Benefit like CLOCKWORK licking the side of Mizzous face..
Now that June is over we know the box office for June will be about $1.06 Billion and the Q2 Box office will be about $2.96 Billion.
Since COVID the top 4 quarters (not counting Q2 2026) were:
Q2 2023 $2.68 Billion
Q2 2025 $2.67 Billion
Q3 2024 $2.66 Billion
Q3 2023 $2.65 Billion
So at least dollar-wise, unadjusted for inflation, this quarter is a significant improvement.
Each of these periods had some notable films that performed well, but I think the main difference with 2026 is a higher level of performance once we look beyond the top few films.
Looking to Q3, I think we are looking at another $2.9B+ quarter but obviously as we have seen films can out perform or underwhelm throwing off expectations.
Q4 should be quite interesting as Oct and Nov will likely underwhelm as they usually do but in Dec we have some major films (Doomsday and Dune Part 3) that can completely flip the picture for Q4. I see a possibility of another $2.9B+ quarter but no guarantees.
For the year this may mean we are headed towards $10.6B+ which is far above most estimates out there that I have seen... of course I can be wrong and we end up much lower, but that is the fun of making predictions.
Regarding AMC's profitability (I hold no investment in AMC), I think it is reasonable to assume some small profits (excluding gains or losses related to debt, but including interest expense) for Q2 - Q4 2026 but not enough to make up for the loss in Q1 2026. As I have long noted this makes investing in AMC from a fundamental perspective very hard to justify (at least for me). Its only path forward is further dilution and even if slightly profitable no returns to shareholders for a long time as any extra money has to go to paying down debt.
For CNK, which I am invested in, I think we may see profits of $175M for each quarter Q2-Q4 2026 which would be about $520M (net of the small loss in Q1) in profit for the year. Its current market cap is $3.72B which would be about a 7X PE ratio. I would expect something more like 12X-15X which would get me to a share price of $55 - $65 versus about $32 currently.
Perhaps the key determinant for what the value of these companies truly are is what 2027 will look like and if the figures we are seeing now for the box office can truly sustain or if 2026 is the top and that is it. I started recently building out my 2027 figures and currently I think Jan 2027 is looking strong. Beyond that I can't say as I have not completed my projections yet. My "gut" tells me that 2027 should be very strong so if anything I would not be surprised if the 2026 figures hold up to see projections for 2027 approaching $12 Billion.
At $12 Billion, AMC is perhaps making $75 million for the year and CNK I would think would be at about $700 million. Even at 15X PE ratios that would suggest a value for AMC of $1.1B vs $10.5B for CNK, which is a share price of $1.7 for AMC and $90 for CNK. AMC currently trades at $1.94 and CNK at $31.85. At these assumptions, one is overvalued and the other has a potential to about 3X.
FYI... I am not promoting investing in CNK. My investment thesis is based on fundamentals and if things work out as I expect I stand to make a decent amount of money and if they don't I may lose some. I don't need a cult following or a squeeze to make money here. On the other hand, with AMC I just don't understand any investment thesis beyond the greater fool theory of investing. Which is fine but you are just hoping you are not the greater fool in this story.
For those wondering my "angle" here. It is very simple. I follow these numbers very carefully and if I am right I stand to make between $600,000 - $8,000,000 on my CNK investment (LEAP Calls and Shares). I am spending time here because I see a potential to make a nice profit, not because I really care much about AMC. In fact, I barely pay attention to AMC anymore and my work is primarily focused on CNK as that is where my interest lies. I post these updates here because this all relates to AMC and I started with all this because I was carefully following AMC... I did make some good money when it had its reverse split and share merger, but since then have not been able to crack the code with AMC and have given up trying to make any further money on it. Good luck to all, whether short or long, figuring it out. It is beyond my abilities.
I’m about two do something very legendary in 2-3 weeks. Watch out! ❤️🦍🚀
AMC TO THE FKING MOOON
Come on, Poortex. do something you actually claim to do for once
