$AMC Entertainment(AMC)$Things are looking very good for AMC from the Earnings Call Q2 2021! Below here is a summary of the Earnings Call. 

•Adam Aaron announced on Twitter and in the call that AMC ended the June 30, 2021 quarter with MORE THAN $2 BILLION OF LIQUIDITY (cash in the bank or undrawn revolving credit line). Right around DOUBLE the highest quarter ending liquidity level AMC has ever had before in our 101 year history!

• CEO Adam Aaron has not sold a single share.

• There will be a GAMESTOP partnership inquiry coming up. (Potentially hosting gaming tournaments)

• AMC will be finding ways to expand their businesses (through Live Events like: Sports, Music, Esports)

• 10 new theaters upcoming

• AMC reaches deal with Warner Bros. for 45 days theatrical exclusivity in 2022

• Lastly,  AMC announced that they will be accepting BITCOIN/ Cryptocurrency payments by end of the year.

In addition to that, AMC's result were considerably ahead of market expectations. 

$AMC Q2 Earnings:

EPS: -$0.71 vs. -$0.91 Expected

Revenue: $444.7M vs. $341M Expected

HOLY, I'm just a Singaporean ape but I am so excited for the days ahead! With the T+35 days FTDs upcoming this week and the next few weeks, we are looking at a very bullish month! 

Many big firms/ institutions are still buying in massive amounts of AMC shares. If you do not believe, check out some of the DDs and Twitter/Reddit.

Keep HODLing! The game is just about to begin! #AMCundefeated #AMCearnings #AMC #AMCtothemoon