Episode 758 - Buy AMC Stock And Save Theaters!
Drinkin‘ Bros Podcast
Tetherball Academy Media
4.8 • 7.7K Ratings
🗓️ 27 January 2021
⏱️ 128 minutes
🧾️ Download transcript
Summary
Ross Patterson goes live at the market open to watch the insane and continuing rise of AMC and GameStop stocks fueled by r/wallstreetbets and takes a call with a 32-year-old who made $1.9 million on $GME stock — plus predictions on what happens with $AMC from here.
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Transcript
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| 0:00.0 | Welcome to Drinking Bros presented by GhostBed.com |
| 0:10.0 | Sit back, relax, and grab a fucking drink! |
| 0:17.0 | Yeah, welcome to this early morning of Drinking Bros. |
| 0:24.0 | I'm not a guest, talking stonks today, stonks! |
| 0:31.0 | If you listen to Ross Patterson Revolution, you know that I'm talking about AFC in the |
| 0:35.6 | death of movie theaters. |
| 0:38.8 | Well I said about a month ago that they were about ready to go bankrupt and they were going |
| 0:46.2 | to run out of money on January 26th. |
| 0:49.0 | They got bailed out by a billion dollars last night. |
| 0:53.8 | I don't know who the company was, but the hashtag Save AMC was trending all morning |
| 1:01.4 | long. |
| 1:02.4 | And people want to save theaters. |
| 1:06.0 | So we've been keeping an eye on the stock and what it's doing here and it's exploding. |
| 1:11.2 | A lot of people are getting in on the excitement. |
| 1:14.9 | Now is it because of the GameStop thing that happens? |
| 1:18.4 | In the last three days, was it three, four days ago that started with GameStop? |
| 1:24.9 | It was like last Friday. |
| 1:26.8 | GameStop was what? |
| 1:27.8 | A dollar? |
| 1:28.8 | No, so you could have gotten it on GameStop at five bucks, what, in 2019 with Michael |
| 1:36.4 | Burt. |
| 1:38.8 | But I think it was around 30 bucks last week. |
... |
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