what is good YouTube today I'm going to be going over AMC and gme stock and why I'm more bullish now than ever but before I do get into why I'm so bullish on these two stocks make sure to go down and subscribe if you guys are new to the channel because I do update you guys on AMC and gme stock every single day so today was a bloody day in the whole Market AMC was down 4% and there was over 9 million shares traded it did close at $463 towards the end of the day there was just a bunch of red candles and and yeah it just dropped all the way down to 463 and the morning it was trading at 485 just came crashing down and I really do believe this is a buying opportunity now none of this is financial advice I'm not telling anyone to buy sell or hold me personally I am looking at picking up a couple more shares at this price cuz I really do think it is getting ready to make a reversal if we zoom out we could see here it got a wick back to 462 463 right here now we're back here at this bottom it's looking like a triple bottom and it can just bounce right back up I wouldn't doubt it if it does bounce back up tomorrow because we've already seen this move from Gamestop it hit this low back here right here then it bounc right back up same exact thing is happening with AMC now this is just my prediction obviously I could be wrong anything could freaking happen but the whole stock market was red today so I don't think it's a big deal that AMC was down 4% today it's not that crazy now if we were to drop below $4 I would be pretty worried I'm not going to lie but I really don't believe that is going to happen I mean the only signals that we have longterm for AMC stock are bullish as for GameStop though it was down 1% today it closed at $23.14 and it was green for a while it did hit a high of $246 and the volume is still pretty high right now over 11 million shares traded so the past couple of trading days the volume has been picking up for GameStop and once we do get an explosive move we can see this stock go absolutely parabolic back past $50 I wouldn't doubt it if this is the beginning of the Third Run I mean we were just trading at $191 1970 and now we're trading at $23 with these so as you can see right here GameStop did have this fall right here back to below $20 just like AMC is having this fall right now it's a little delayed when Gamestop started to run back in May AMC didn't follow until a couple of trading days later about three or four trading days later so I am expecting AMC to pop back up this week I did make this post on Twitter so if you haven't followed me on X make sure to go follow me there my username is Mikey's money I said AMC keep crying about the price I'll keep buying this isn't a getrich quick scheme this is a buying opportunity because we already know what the future holds for AMC I'm all in so if we take a look at the weekly indicators this is long-term right now if we take a look at the short term there is some bearish indicators but long term it's only bullish so first we got this Head and Shoulder bottom says long-term bullish with a Target price of $12.75 all the way to $14 that's almost a 2 200% gain over a 200% gain from where we're trading at right now so just for Weeble to be predicting over a 200% gain by the end of this year is pretty crazy to see now the other indicator that we have is a MEAP phone bottom and this Target price is from $10 to $11 over 100% gain is pretty crazy so the only indicators right now longterm is bullish that's why I'm saying right now is definitely a buying opport opportunity in my opinion but you guys do your own research it's not news that the box office is recovering this is something that has been known and now that AMC has pushed its debt all the way to 2029 and 2030 it just gives it so much time to recover and become profitable once again this guy said I just spent a little time updating box office numbers from the Labor Day weekend holy cow Wall Street could not be more wrong on consensus forecast and I'm going to shame them again starting to think that we have a puncher chance at reaching 100 million at the bottom line for AMC earnings this quarter I'm not saying we will I'm saying there's a chance and a strong chance at realizing cash flows above the nine-digit mark chance being the keyword again so obviously it's not guaranteed going to happen but this quarter is looking extremely good I mean the Usher film is coming out next week we got Beetle Juice about to come out it's about to pop off at the box office and Q3 can possibly be the best Q3 in history this guy said regardless while Wall Street has a loss forecast on the quarter I've said for a year that this quarter would set new ape era records for AMC reaching nine digits would be beyond what i' had seen I had thought 65 to 85 million Wall Street has not acknowledged the new world we are in this is the definition of deep effing values so Wall Street is predicting that it's going to be a bad quarter at the box office for AMC they're not going to be profitable they think that Q3 is going to be terrible and that's what they have predicted and they can be extremely extremely wrong I mean we still got a couple weeks left in Q3 and it's already made over $2 billion at the box office looking at almost 3 billion with what's coming out the Usher film you know Beetle Juice coming out it's going to be huge at the box office like I said Q3 can be amazing not only that but there's so many new movies blockbuster movies set to release over the next couple of years I mean it's going to be endless and it's going to be exponential at the box office so I think AMC just trading at an all-time low has presented a huge opportunity this guy said new fund holds 4.7 billion gme shares glitches everywhere so they're saying that it's a glitch but the same fund also supposedly is holding 15 billion shares of AMC so this guy said nearly 15 billion shares of AMC reported on Morningstar when only 320 million should exist another glitch why do all these glitches happen on AMC as well as gam stop so there's a glitch going on showing that these sick bastards are holding 15 billion shares of AMC almost five billion shares of GameStop it doesn't freaking make sense these are definitely the two most manipulated stocks in the stock market simply because this is what retail likes to invest in this is what the majority of retail investors buy you know when we compare AMC to Sark the only difference between AMC and sinmar is that symar is owned by institutions retail investors don't really invest in symar they invest in AMC though that's why AMC is crashing while Sark is just going up at all-time highs it doesn't make sense they're both the same business model sin Mark is in debt as well so just make it make sense it really doesn't this guy said just came through my trade desk at Market close another order in balance on gme so there was a New York Stock Exchange order in Balance 73,000 shares on the buy side for GameStop the on balance volume is at alltime highs right now for GameStop and AMC it is foreshadowing that there's going to be a huge spike in price now obviously I can't tell you guys when that's why buying options right now is extremely risky I would definitely stick to buying shares loading up shares at these dirt cheap prices they want us to doubt our investment they want us to sell at this price but they are anticipating another huge Spike that's why institutions are buying into GameStop that's why institutions are buying into AMC right now cuz they're anticipating a huge move that is simply what it is but you guys do whatever you want with your money you guys do your own research before investing into any stock you guys already know I am all in on AMC stock but that is going to do it for for this video I hope you guys enjoyed if you did make it to the end of the video and you haven't subscribed yet what the heck are you guys doing make sure to go down and subscribe today was just a bloody day throughout the whole Market AMC being down 4% definitely does present an opportunity I think it is a buying opportunity and I think it is going to bounce back this week GameStop was going down for days and days while AMC was chilling at $5 now AMC is following what GameStop did it's going down down down and it's going to have the spike up just like GameStop did that is why I think is going to happen I could be completely wrong but yeah that's just my prediction but I will keep you guys updated on what happens with AMC and gme stock so make sure to stay tuned on my channel and I'll catch you guys in my next video as you all know I'm buying the dip here we go come on push it the dip the dip here we go come on push it Bu The Dip Bu The Dip here we go come on push it bu the DI find the DI here we go come on push it oh my God what's happening