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10 Predictions For 2023 (EP.290)

Animal Spirits Podcast

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Will AMC Bring in $1.3 Billion in 2022?

It depends because I think that coming off such a long bull market like bull and this one, people are going to hold out hope for a longer period of time. AMC's gains and losses per year since 2017: up more than 1100% in 2021 and then down 85% in 2022. Do you think a lot of it is enough people added arc to their model portfolios and this was all just rebalancing? Well, it can't be retail. It's not $5,000. The whole story is just about these people who came obsessed with the market. They lost everything on a bad options bet.

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