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Chapter Three – Discussion – AMC Theaters
Chapter Three – Discussion – AMC Theaters
Right when the pandemic started last March, the stock market crashed. Around the end of March, a friend messaged me, and he was very excited that the stock price of AMC Theaters had dropped to $2.60 per share, so he told me he bought 200 shares. He said, “They were at $16.43 a year ago! If they go back up, I’m going to make so much money!” I want you to decide if you think that was a good move.
Look up AMC’s financial statements on Edgar (Ticker:AMC) and answer the following questions:
- Give me at least 2-3 balance sheet ratios from from AMC’s latest 10-K.
- Based on ratios and the financial statement analysis tools from chapters 3, do you think AMC is a good investment? Why or why not?
- Please respond to at least one other person’s post in a thoughtful and meaningful way.