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welcome back everybody thank you so much for clicking on today's video so today we're going to doing going to be doing a amc entertainment price prediction stock price prediction for the next couple trading sessions over the next week where i personally think amc entertainment is going to go before i start the video guys please make sure to leave a like on the video below subscribe to the channel for more awesome content join the family guys let's go on that's journey together so today we're going to be doing a video about amc entertainment and if you guys don't know the story about amc entertainment it is basically a movie theater company it's been around for a very long time and with the markets going crazy amc entertainment is one of those stocks that do hold a pretty amount of short float if you guys don't know what actually shorting a stock is or holding short float essentially means that there's a lot of companies or people who will borrow the shares and then pay them back at a lower price in order to make a profit now if we take a look at the one-year chart here together as you guys can see here you know this thing's kind of been just trading sideways and then all of a sudden you see this huge spike up and if we go to the three-month chart and to the one-month chart as well you guys can definitely see that you know that this stock has been getting a lot of heat recently up over 500 percent over the last month and a lot of people are asking you know is amc entertainment worth an investment where do you think the stock is going to go to now just know that everything i say in my videos is not financial advice it's just my personal opinion but looking at it from a bigger perspective here amc entertainment is actually not a bad investment only due to the simple fact is not one people do love movie theaters you know it's a it's a very classic thing that people love to do so i don't see amc entertainment actually going anywhere yes we do have the rising popularity in streaming services like netflix hulu and all this kind of stuff but i don't ever think that that's ever going to take away the classical you know going to the movie theaters with your family or your friends or so on and so forth so really taking a look at it do i think amc entertainment is a horrible buy at 13 45 cents no i don't i actually think the stock is a decent buy maybe a stock that will definitely see a lot more recovery once the pandemic kind of starts to go away obviously pandemic took a big hit on industries like the movie theater and travel and stuff like that so once the pandemic actually does subside i could see a lot of upside potential in amc entertainment now diving in a little bit deeper we have to understand too that there is a cool a couple factors that amc entertainment has actually did kind of cause the short squeeze if you look at the one week chart you can see the massive increase upward and that was the first thing was amc entertainment rolled out bankruptcy so that is a very good sign they basically came out you know about a week ago and basically said okay yeah we're no longer going bankrupt like the company is going to be okay they're going to make it through this which is a very good sign that the company is not going anywhere obviously in the state of a pandemic now a lot of companies have to file for bankruptcy a lot of companies did not make it but amc entertainment just rolling out bankruptcy did cause kind of a short squeeze for the shorts to kind of cover knowing that the stock was going to increase upward now let's talk about amc entertainment and where i actually think the stock price is going to be headed next week and where i could actually see amc entertainment going on overall now if i take a look at it overall and i do see the amc entertainment kind of a price prediction for next week i actually could see amc entertainment hitting 20 to 30 dollars that's without a doubt the markets have been very crazy ever since the whole gamestop incident with blackberry and amc entertainment overall you know these stocks have been getting a lot of heat they've seen huge surges and massive amounts of volume not only from seasoned investors but also new investors who are kind of trying to jump on the hype as well and i know a lot of people are doing this to kind of teach you know the shorts a lesson overall you know like don't get greedy when times are tough don't get greedy when other people you know it's a very good lesson that people are trying to point across altogether but i actually could see amc entertainment hitting 50 to 100 depending on how far people can actually take it do i think abc entertainment is gonna be a replica of another gamestop going up to four or five hundred dollars no i don't but ansi entertainment also has a decent amount of short flow that means there's a decent amount of people who are shorting the stock and this one i don't think has actually seen the full short squeeze just yet but another massive rally upward could actually potentially push the stock upward and could actually potentially cause the stock to go all the way up now the way it kind of works is just i want people to know you know if you're investing in amc just be careful because you know the markets are very volatile right now and they've been kind of all over the place kind of a rampant market time but we don't get this every day it does be the kind of natural old boring market but amc entertainment like i said is a very good solid foundation company it's not like the company is doing a bad job and like i said this stock is still going to survive even after this whole thing kind of blows over like i said the company ruling out bankruptcy and the fact that movie theaters are never going to go away doesn't make it that bad of an investment i do actually think it's not a horrible investment i think people should actually pick up the stock 13.45 like i said it's not a bad idea with the recovery of kind of travel in the movie and the entertainment business when the pandemic actually subsides i could see amc entertainment doing a very good job i mean the company was profitable and the company was doing well right before the pandemic hit so it's not like it's just some random off company it's not like it's gamestop where gamestop wasn't profitable for a very long time or the company was talking about bankruptcy and stuff like that amc entertainment does have a little bit more solid foundation but like i said so a massive drive upward could actually push the stock upward and have caused the shorts to actually have to cover their positions and the stock in itself so like i said over the next couple of trading sessions i could see amc entertainment actually going to about 20 to 30 dollars and if we go to the one week chart here as you guys can see you know this thing has had a high of 19.88 cents but i feel that there is still a lot more to actually be pushed upward i think a lot of people did kind of calm down on the overall situation and just not to panic but a lot of people have been wondering you know where is amc entertainment going to go you know what's the potential it can actually go can it hit 50 100 i want people to know that no one's really going to truly know the answer but like i said nc entertainment still does have a decent amount of short float so this could actually push the stock upward if the stock continues to rally a lot i know a lot of people are holding the stock in forms of diamond hands or whatever people like to say but i just want people to overall be careful with their investments you know the stock market is going to be very volatile over the next couple of weeks maybe even the next couple of months so i just want people to just make informed decisions and be safe about your investments overall but with that being said that's all i really have to say about the video let me know down in the comment section below guys what you think of amc entertainment stock do you think amc is going to 50 do you guys think it's going to 100 i'm very curious to know everybody's thoughts on it all together if you guys are invested in amc entertainment how many shares do you guys have and what's your average