Preface - I don’t know shit.
An idiot friend of mine who thinks he’s E F Hutton (because he has three masters degrees, one of them an MBA, but is honestly a moron) proudly announced that he bought a thousand shares of AMC this morning at $3,25 a share.
I didn’t need to google anything to know that the movie theater industry has been in decline for years. And if there are industries that will face challenges in bouncing back from the current disaster, I think this is one of them.
Thoughts?
An idiot friend of mine who thinks he’s E F Hutton (because he has three masters degrees, one of them an MBA, but is honestly a moron) proudly announced that he bought a thousand shares of AMC this morning at $3,25 a share.
I didn’t need to google anything to know that the movie theater industry has been in decline for years. And if there are industries that will face challenges in bouncing back from the current disaster, I think this is one of them.
Thoughts?