Boiler Room: The Official Stock Market Discussion

old pig

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I thought this was a good read for those contemplating AMC...this was posted in the film room...

AMC Theatres Faces Financial Worry After Credit Rating Downgrade - IGN

Long and short of it: they were doing just okay before the virus in terms of having enough money to pay their creditors. Now they’re in dire straits and their credit is downgraded to “default imminent.”

S&P analyst wrote this: "We do not believe AMC has sufficient sources of liquidity to cover its expected negative cash flows past mid-summer, and we believe the company will likely breach its 6x net senior secured leverage covenant when tested on Sept. 30, 2020, absent a waiver from its lenders.”

Math and numbers were never my strong suit but that all reads pretty bad. They’re even saying in the report that when shyt gets back to normal, whatever normal is, they don’t see AMC recovering
 

winb83

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1 share of FB. 2 shares of UBER. The other $4 into BND. It's funny cause I like dividend stocks but I've had a huge focus on UBER and FB lately that pay none.
 

Earnings

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1 share of FB. 2 shares of UBER. The other $4 into BND. It's funny cause I like dividend stocks but I've had a huge focus on UBER and FB lately that pay none.
What's ur avg cost for all them UBER shares you got playbreh

Also what's some of ur fav dividend providing ones
 

Majestic

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The way I see it is I’m doing investing based on a year away cuz won’t see much green daily for a long time
Yeah I think this might be sensible unless you a professional trader.
 

Majestic

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So are you taking any profits at all?
i got a few shares I can make profits on now, like uber etc. But I aint selling because stocks like Uber are going to be the next amazon if they play they cards right.
 

Donald J Trump

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Shoulda held my live nation put longer+ had a lower strike price


gonna buy some more puts in 2 diff companies before eod
 
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