AMC is the movie theatre incase you didnt know.
The company was on the verge of bankruptcy because they did not even have enough cash on hand to get to the end of 2021. But got an investment for $917 to stay a float.
Over the past week the price has went from $3 to $19. So now the question is should you invest in the company?
If your friend was on the verge bankruptcy but got a loan from a bank & came around flexing & showing💰💰 does that mean they are in a better place financially?
They still have the same business model along with no making any money right bc we are not going to the movies.
AMC is a trade and not a long term investment right now if you do not know how to trade stay away from it.
