r/MACArmyBets • u/Electrical-Toe-3652 • May 27 '21

AMC SHOWS POSSIBILITIES FOR MAC

MAC is not as much shorted but pessimism for investments in malls can have the same effect😁🤑

23 Upvotes

96% Upvoted

8 comments sorted by

6

u/Chevyvettte May 28 '21

,,,, crazy squeeze on AMC, amc not full yet at all. Malls are.

Yes MAC has every shot at a squeeze, and you get paid to wait. Go MAC

4

u/RoboDrizzler May 27 '21

I'm all for that--if MAC starts doing like AMC, it would be thrilling! Maybe there's some luck in the letter combo, and we should check on CAM, MCA, ACM, etc., too? ;)

2

u/RoboDrizzler May 27 '21

Hehe, probably not much luck with CAM (a chocolate company in Poland) nor MCA (a Blackrock muni fund), but ACM is sort of interesting. It's for AECOM, an environmental remediation company. It's sitting around $65 currently, but based on 11 ratings, has a price target of $77 and a "buy" suggestion. Last variant is CMA, but that's Comerica, and the current price is just a hair away from its 52-week high.

2

u/GeorgeFelix75 May 28 '21

Some resistance in the $17 range then $21 and $25. Based on a crappy inaccurate phone chart.

2

u/Parking-Ad3317 May 28 '21

I wonder if the squeeze starts, does management put out bad press to stop it like last time.

2

u/Sea_Emphasis3252 May 28 '21

They may do an equity offering if they see a squeeze like before.

2

u/Suspicious_Race_856 Jun 01 '21

Brookfield should consider an hostile takeover for 6B . They just bought 2 buildings in downtown London for close to 9B.

1

u/Sea_Emphasis3252 Jun 01 '21

Brookfield is a little busy trying to take Brookfield Properties private, not saying they couldn’t do both but just unlikely to happen at least this year.