I know next to nothing about stocks but seems like a good time to buy AMC Theatres. They'll rebound at some point. Only question seems to be whether to wait until after Q3 when it could possibly drop lower. I'm guessing Q4 should be decent.
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They'll rebound at some point.
20 years ago the best entertainment was the movies. It was also cheap enough that you had a broad appeal among young people. As more entertainment, and better programming, makes it to On-Demand and broadcast, fewer people go to the theater. So they raise their prices so their cash flow isn't hurt too much. Which forces younger customers to go more on-demand. It's going to be an accelerated cord cutting situation.Quote:
I think movie theaters, like shopping malls, may be well past their prime.
I agree with you, but to play devil's advocate, you could have said that about movie theaters when VHS entered the home, and again when dvd's entered the home. (the snacks/pausing/crowds part). 'On Demand' is arguable.. if you had the vhs/dvd, it was on demand.. if you didn't, you could still go buy it... not quite as fully on demand as ability to either just pull up and watch or buy a movie through netflix, but close.Burdizzo said:
On demand media has resulted in us avoiding the theater. It is cheaper, the concessions are more to our liking, we can pause for bathroom breaks, and we don't have to suffer the crowds.
62strat said:I agree with you, but to play devil's advocate, you could have said that about movie theaters when VHS entered the home, and again when dvd's entered the home. (the snacks/pausing/crowds part). 'On Demand' is arguable.. if you had the vhs/dvd, it was on demand.. if you didn't, you could still go buy it... not quite as fully on demand as ability to either just pull up and watch or buy a movie through netflix, but close.Burdizzo said:
On demand media has resulted in us avoiding the theater. It is cheaper, the concessions are more to our liking, we can pause for bathroom breaks, and we don't have to suffer the crowds.
ColinAggie said:
First studio that goes to on-demand with new releases will destroy the theaters. I would happily pay $30 (probably more) to watch a new release movie from the comfort of my own home w/o sitting in some nasty ass dirty theater seats.
I believe the day is coming sooner rather than later where on-demand new releases are available from the comfort of our own homes.
They just remodeled the one in our town. Huge reclining seats, the works. It's now our goto theater.TXAGFAN said:
Awful theaters, they are the in large part why people quit going to theaters over waiting to watch at home.
You prove your first statement by trying to argue people should attempt market timing on a stock.wcb said:
I know next to nothing about stocks but seems like a good time to buy AMC Theatres. They'll rebound at some point. Only question seems to be whether to wait until after Q3 when it could possibly drop lower. I'm guessing Q4 should be decent.
ColinAggie said:
First studio that goes to on-demand with new releases will destroy the theaters. I would happily pay $30 (probably more) to watch a new release movie from the comfort of my own home w/o sitting in some nasty ass dirty theater seats.
I believe the day is coming sooner rather than later where on-demand new releases are available from the comfort of our own homes.
No they don't.Killin Me Smalls said:
Almost all new home builds have a media room now.
Up 4% a day later. Nice. It hits 12 again and I'll likely grab some.badharambe said:
yes. i agree. i picked up some AMC today at 12.6, SL at 12
Check out the CBI chart, seems to be similar to HTZ as well..
badharambe said:
yes. i agree. i picked up some AMC today at 12.6, SL at 12
Check out the CBI chart, seems to be similar to HTZ as well..