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Conviction!!

$AMC Entertainment(AMC.US)$ "Speaking of the box office, let’s turn to the domestic industry box office as a placeholder for the size of our industry and to demonstrate our industry’s long climb back from COVID We all know that the box office fell from $11.4 billion in 2019 to $2.2 billion in the height of the pandemic calendar year 2020. But then the domestic industry box office started on its rebound, up to $4.5 billion in 2021 to $7.5 billion in 2022. And it grew again in 2023 by 21% to more than $9 billion in the year just completed." AA.. Now, keep in mind 11 billion has been ATH box office numbers going back to 1977 and weve rebounded back to 9 billion already. The funny thing is back in 2020 the total gross was 2 billion and in 2021 when AMC hit ATH the total gross was 4 billion. Back in 2016 according to the chart numbers the AMC peak was $136 and guess what the total box office was?..... 11 billion!! All this means to me is.. BUY BUY BUY and when they say theaters are dead, BUY MORE!! 🦍Weve also been running on half the movies releases for 4 years.
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