So Adam Aaron just released some amazing news for AMC and I do believe right now is the Calm before the storm for AMC and gme stock but before I do get into why I believe that 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 AMC closed down 1% at $511 it did hit a high today of $5.34 and for the majority of the day it was trading green at around $525 there was a pretty good amount of shares traded for AMC 14 million shares so the fact that it's still holding up at $5 is extremely good to see when we compare it to other movie stocks like Sark Sark has been green the past 2 days on the news that Deadpool and Wolverine is smashing records at the box office it's already earned over $500 million in the box office and Sark is green off this today IMAX was up almost 4% at $20.65 and both of these stocks are just booming on that good news while AMC is down now GameStop today did have a bloody red day minus 5% did close at $22.40 my calls on GameStop got screwed over and what I did I bought some more calls today I did buy a couple more contracts today like I said I do believe this can be the Cal before the storm but then again GameStop could also easily drop below $20 if it does go to $21 tomorrow morning I wouldn't be surprised if this happens it can come all the way down to where it was trading here in May at $18 that's just a bare case scenario I don't believe it's going to happen that way the volume is just too low it feels like it's just too calm Ryan Cohen just turned into a transgender on X hinting to us that a huge transformation is coming to GameStop I mean they have4 billion doll in cash they can really do anything with that money and it just takes one announcement for a stock like this to have a god candle up 1,000% I mean I wouldn't freaking doubt it I mean we recently just saw AMC get halted for 1 hour straight 1 hour straight in the middle of a trading day because AMC released a document saying that they were doing a debt restructure and pushing the debt that was due in 2026 all the way to 2029 so that was amazing news and AMC jumped up over 15% on that news it hit a high of $5.7 and then it came crashing down to $4.50 for no apparent reason you know amazing news perfect news crashes like crazy from 450 right now we're trading back at 511 but it's just really interesting to see I do believe we're going to get another candle like we had on May 14th and it can happen any freaking day at this point now none of this is financial advice and I'm not telling anyone to buy sell or hold this is extremely risky it's basically a gamble at this point AMC and gme stock they could go either way right now so in my opinion I would definitely recommend buying shares that's what I do with the majority of my money I just put some money in calls you know just to play just in case the god candle happens and right now I'm just putting money there cuz I feel like a god candle Could Happen actually any freaking day now all this news has been going on with AMC and GameStop has just been really freaking quiet so Adam Aaron did make this post today he posted this about 4 hours ago he said I am excited to announce AMC theaters distribution's next concert film usher in Paris worldclass artist Usher at AMC Theaters and odian Cinemas September 12th 13th 14th and 15th to get a sense of the excitement head to usherin paris.com done in partnership with Usher of course and sunny music Vision 4 days in movie theaters worldwide get your tickets starting August 6 so I feel like this is going to be crazy for AMC possibly another billion freaking dollars in 4 days boom boom boom real quick it's just non-stop look at what's happening with AMC this isn't really the only news if we take a look at Deadpool and Wolverine it has already crossed $500 million and it's only been a couple of days guys AMC is making so much freaking money AMC is down 90% in the past year AMC is down 99% from alltime highs and it's up still over 100% from alltime lows so it's kind of you know in the area where wait this might be a bull Trend I mean we could just get a reversal and easily go back to trading at $40 plus once we're there it's just going to look like a giant cup and handle forming I did make this post on Twitter I said new concert film coming to AMC next month AMC keeps making plays so we've just been seeing so much of these documents from AMC Theaters coming out almost every other freaking day it's crazy they keep breaking records and it's not going to stop the movies aren't going to stop I mean the movie Sate is only getting crazier the producers are back they're making movies like never before they're trying to make as much movies as possible and now the majority of the debt isn't due till 2029 so there's just so much time for AMC to freaking go to the Moon if we take a look at the short interest as well on AMC it's up over 20% in the past 2 months right now there's 60 million shares shorted so that number just keeps climbing higher and higher it could be that earnings is coming up this Friday on August 2nd AMC is going to release Q2 earnings for 2024 and even though it beats expectations it's still not good they took a loss of about like $32 million I believe so people are just going to see that and start spreading a bunch of fud and I don't know AMC is known to drop on earnings so anything could freaking happen who knows we could squeeze I feel like when Q2 earnings happens they might go into more detail with the debt restructure they might show how much money was made in the past freaking month with huge movies like Deadpool and Wolverine Inside Out 2 Despicable Me for they're going to talk about some crazy stuff on this next earnings this Friday so it's going to be freaking crazy for AMC this guy said just a reminder roaring kitdiy average share price is at $234 so when I saw it at $22 I knew I had to buy more calls I really do believe this can be the dip but like I said it is extremely risky I mean GameStop was just trading at $29 if you would have bought calls at $29 you're basically almost on the verge of liquidation at this point so it's extremely risky when buying calls but with great risk comes great reward so I put more money in freaking calls gme I feel like a god candle can happen it's just been way too quiet guys Ryan Cohen turning into a freaking transgender girl hinting a transition is coming to GameStop it's right there in front of her face roaring Kitty hasn't posted now in over a month it's just really freaking quiet right now for GameStop down 5% today but I did take advantage of that discount so who freaking knows what's going to happen from here but that's going to do it 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 these next couple of days are going to be huge for AMC and gme stock we just saw a big red day for gme down 5% I sense volatility I mean it's just been to too quiet too quiet for GameStop AMC has been holding up you know $5 pretty solid right there still slightly red because of GameStop but once we do get a god candle on either one of them we're going to the freaking Moon strap in but I will keep you guys updated on what happens with AMC and gme stock so make sure to say 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 Bu The Dip Bu The Dip here we go come on push it Bu The Dip bu the DI di here we go come on push it Bu The Dip Bu The Dip here we go come on push it oh my God what's happening