AMC shares traded higher after the company reported better-than-expected Q2 results and a 12.2% increase in theater attendance

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00:00 worry about the peanuts what about the popcorn and AMC let's go to their AMC

00:07 entertainment holdings Q2 adjusted EPS at zero all right not too bad beating

00:14 the four cent loss estimate sales of 1.35 billion beat the 1.29 billion

00:20 estimate and AMC attendance up twelve point two percent year over year I can't

00:26 talk AMC on the show because if I say anything negative people just hate me so

00:31 what's leave it at that. AMC you you don't like AMC Dennis? I'm not saying

00:35 anything positive. I'll say it for you I don't like it guys I don't like it. I

00:43 didn't say it it was Mitch that said it so when it's been the two thousand. Believe it or not I was

00:48 looking at this yesterday to maybe just make a little bit of a play but at this

00:51 point like let's be honest guys AMC it's not coming back to these levels it's at

00:58 maximum maybe what now a $20 company I would never ever in my life probably

01:05 look to see AMC over 30 again. I'm just gonna comment on the short-term price

01:11 action getting out the Barbie lift here just alert our traders and investors

01:17 that you have one daily high at 548 that's a little bit less than we're

01:22 playing so you want to see follow through through that and then things

01:26 open up on the dailies that that was on the 8 news that it popped over six bucks

01:31 so 548 make sure you clear that to have a sustained bid and then you can see a

01:36 couple highs over six bucks going back since March and if you're looking to

01:42 buy it on a pullback you're not too far from the top of yesterday's range

01:46 That's only a dime away at 528.

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