![]() ![]() During the discussion, Aron defended the company's recent stock sales, calling them "valuable tools" to strengthen the firm. Prior to his appearance on CNBC, Collins interviewed AMC CEO Adam Aron on his YouTube channel, Trey's Trades.AMC followed this up by seeking shareholder approval to sell another $25 million in shares in 2022. On Thursday, AMC raised $587 million through an offering of 11.55 million shares of stock, taking advantage of the recent advance in its share price.Regular apes buy lots and lots of tree company from jungle. Rich apes bet many banana that value of tree company go down to 2 banana. However, he declined to claim leadership of the movement, though he has become one of the more recognizable voices associated with the AMC rally. Rich apes think tree company only worth 2 banana. As a meme, wsb usage of 'dicks out for Harambe' predates 'apes strong together,' the latter of course being a reference to the Planet of the Apes film series, and a tongue-in-cheek allusion to the perceived David and Goliath struggle between unsophisticated retail investors versus hedge funds.As to the reaction of more conservative investors to the overall meme-stock movement, the 23-year-old embraced the "ape" nickname that has been given to the community of small investors that forced a short squeeze in AMC.Speaking to the broader trend of meme stocks, Collins said he thinks retail investors have gained the upper hand in the stock market.Collins also predicted that the stock would get a boost from "social and cultural sentiment" toward movie theaters in general.He argued that the company is now well-positioned in the market. But Collins noted that the theater chain has survived the COVID shutdowns, despite earlier bankruptcy rumors.Ihre Memes werden durch die Reaktionen der anderen WSB-User hochgerankt. ![]() These back-to-school designs are in a class of their own. He estimated that the current AMC stock price is based 15% on fundamentals and 85% based on technical trading. Streaming Online Japanese Adult Videos on JAVTVCos apes together strong. Buy 'Apes Together Funny Strong WSB Stonks Meme' by Niishouseca as a Poster. Collins admitted that much of the stock's recent gains have come strictly from momentum trading.However, looking longer term, he placed a $20-$25 valuation on the stock by the end of 2021. Funny Apes together Strong, Meme wsbs Wallstreetbets Sticker.Collins told CNBC that AMC could see more near-term gains as the result of a further short squeeze.That's about half of the roughly $50 the stock was trading at Friday morning. Trey Collins, who has become one of the faces of the so-called "Ape Army," the loose online community that has driven the recent meme-stock volatility in shares of AMC, told CNBC on Friday that he views the movie theater chain's fundamental share value in the $20-$25 range. ![]()
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