You already know Wall Street analysts hate the meme stock universe.
And they really, really hate AMC (AMC).
This morning, we came across his hilarious headline:
Citigroup Adjusts Price Target on AMC Entertainment Holdings to $5 from $3.70, Maintains Sell Rating
WHAT IS THE POINT?
We all know AMC could go anywhere.
But is there really a difference between $5 and $3.70?
Smells like a cheap play for attention.
Some other fun headlines from today:
Japan’s Liquid Global Exchange Hacked; $90M in Crypto Siphoned Off – No Big Deal, $90 million worth of cryptos just walked off into the sunset
Cathie Wood Can’t Get Enough Of Peter Thiel’s Palantir, Adds Another $11.4M Shares – Can’t argue with this one. Palantir looks like a long-term star because everyone wants to slice and dice our data.
Moderna’s Experimental HIV Vaccine Could Begin Human Trials as Soon as This Week – This MRNA stuff looks like it has legs.
Macy’s, Kohl’s raise annual sales forecasts as shoppers return to stores – WTF people still shop?
Robinhood tops revenue expectations, monthly active users rise 109% – WTF people use Robinhood? 🙂