I’ve been meaning to buy this for a long time, since the days of Breaking Bad. The stock had gone up, uninterrupted, until now.
Ever since that DIS miss and fear of people unplugging their cable boxes in droves in exchange for Hulu and Netflix, AMCX and other cable and content operators have been hammered. What the fuck are you people thinking? Do you really think the average American is going to bother with non-traditional television and all of a sudden become tech savvy, just to save a few bucks off their cable bill?
Morons.
Content will always be King and AMCX has the goods.
From Fear of the Walking Dead to Hell on Wheels to Better Call Saul, they are the shit.
Valuation wise, the stock has never been cheaper. Data provided by the good folks at Exodus.
The upside in AMCX isn’t as high as many of your vagrant stocks that have recently been clobbered to the tune of 50%. However, the prospective gains are of a more distinguished and gentile manner, one by which you could parlay near the countryside and enjoy a tall glass of lemonade, without worrying about harrowing events emanating out of China.
For now, AMCX is a small position of mine. But I will make it bigger. With content like this, it’s only a matter of time before someone swallows them whole.
Hell on wheels disappointing with a 7 episode season.
Hell On Wheels is seems to be just spreading out the season with a long break… first 1/2 has been excellent. I thought Saul and the new Walking Dead weren’t so great.. AMCX used to allow ff through commercials on Comcast OnDemand, but no longer. Might pull in a couple more pennies, there. The new shown I really did like was Humans. Right up Raul’s alley – smashable robots that ultimately are taking over.
Is HOW really that good? You seen The Knick yet?
Love the knick
Love HOW
Blue Star Ointment day! $$$
As a prideful man, he insists on no lubricant. You have to respect that..
This could turn out to be a nice place to buy $AMCX.
More generally, I have to admit the intraday action has thrown me for a loop today. Lots of minor fakeouts.
Gap open was completely USD/JPY. Like 9hrs before open. lol
Nothing beats HBO
I know a macro point of view on a trading blog isn’t that relevant, but cable is a dying industry with no future. I worked in that industry for a while and it is doomed.
Generating content is an expensive way to try and hold onto your customers and because it is so easy to steal it doesn’t even work that well.
The recent theater shootings might demotivate a good number of folks into selecting home entertainment…
$RAX up over 4% today.