AMC is worth about half its skyrocketing stock price, says retail investor Trey Collins. “I think that most of the retail investors and the apes understand that this is not the true fundamental value of AMC.”
most ardent retail investors is playing the long-game with the stock but foresees a return to Earth for the shares before the end of the year.on Friday morning, Trey Collins, 23-year-old host of the Trey's Trades channel on YouTube, said he believes the fundamental value of AMC stock will be $20 to $25 a share at the end of 2021.
Shares of the company hit an all-time high this week, topping out at $72.62 before retreating. Shares of the company were up around 2% during intraday trading, last exchanging hands at around $52. Collins uses social media to document his investments in the stock market and has become the de facto mediator between AMC and its largest shareholder base, who call themselves apes. Collins has interviewed, including Thursday night, airing their conversations live on his 280,000-subscriber channel, many of whom are owners of AMC's stock.
Collins has used his platform to disseminate information about AMC's stock in recent months and to decry short sellers who are betting against the company. Collins publicly states that he is not a financial advisor and warns his social media followers not to "blindly follow my financial decisions."
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