Everyone is expecting a 2008 style crash with private equity being thrown in the spotlight.What if the correction that was planned is a Covid style crash?? What happened during Covid shutdown?Stocks and $BTC went to the moon! 🌕 @BarkingPuppy8 is this a signal RK is waiting for?
I think a lot of people are missing Adam Aron's exact point in his latest post.He’s NOT deflecting blame. He’s literally spelling out that the whole market is getting hammered by macro forces, which has dropped the Dow to its 5-month low and the S&P to its 4-month low.Classic 'rising tide lifts all boats' but in reverse.
When the tide goes out , every boat sinks together not just AMC. Adam is still bullish on AMC’s own earnings power and 2026 box-office growth lifting our EBITDA significantly once this storm passes.He’s acknowledging our pain (he feels it too), pointing to the external storm everyone can see, and reminding us the company fundamentals are still heading in the right direction.The tide will turn , focus on what AMC controls while the macro settles.🙏🎬
I know from my own losses and in reading your comments on X/Twitter how distraught many of you are with falling share prices.
In looking at the likely 2026 industry-wide Box Office, we still expect it to grow materially over 2025 and if so that inexorably would significantly increase AMC’s EBITDA.
However, the external macro backdrop around us is terrible. War in the Middle East, world oil prices soaring above $100 per barrel and other concerns have knocked the Dow Jones average to its lowest point in five months and the S&P 500 to its lowest point in four months.
As for AMC, I am optimistic about our power to increase our earnings this year over last year.
As for the state of the world, we will all read the news together. Naturally, we all can wish for the best on global developments.
California Democrats have cooked up a new “Property Transfer Tax” that would charge homeowners 5-6% on every home sale — based on the sale price, not your equity.
That means if your home is worth $700,000 to $1 million — which is common in California — you could get hit with a tax bill of $42,000 to $60,000 just for selling your home!
That’s right: after years of paying your mortgage, property taxes, insurance, and upkeep, Sacramento politicians want to grab tens of thousands more when you sell.
Next X Livestream:
When: Tuesday, March 17
Time: 10:30am EST
Special Guest:
Nat Turner (@natsturner), CEO of Collectors, Inc. (Parent of PSA)
No formal agenda or topics. Just hanging out talking about trading cards and other fun stuff. Mostly just taking your questions.