AMC stock is flying. Should I buy now?

first_img Our 6 ‘Best Buys Now’ Shares Shares in US cinema operator AMC Entertainment (NYSE: AMC) have had an incredible run recently. Last week, the stock rose 85%. Over a year, AMC is up around 710%.It appears UK investors have been getting in on the action. Last week, AMC was the most purchased stock on Hargreaves Lansdown by a wide margin. It was also the most traded stock on Freetrade, with buy orders up 300%.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Should I buy AMC myself? Let’s take a look at what’s going on.Why AMC stock is risingThe reason AMC stock has surged over the last few weeks is that Reddit (WallStreetBets) traders have piled into it. As a result, it appears to have experienced a combination of a ‘short squeeze’ and a ‘gamma squeeze’.A short squeeze occurs when short sellers (who have borrowed shares and sold them in order to try to profit from a falling share price) buy back shares to close their short positions.A gamma squeeze occurs when options traders buy large quantities of call options (which give the trader the right to buy the stock at a set price in the future). This forces market makers to buy stock in order to hedge their risk exposure. As it continues to rise, market-makers must continue buying more to maintain their hedges, further boosting the share price.Ultimately, the huge share price rise has very little to do with the company’s fundamentals. Don’t take my word for it. In a regulatory filing on Thursday, AMC said: “We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business, or macro or industry fundamentals.”90% downsideLooking at AMC stock now, I see it as a very risky investment. Sure, there have been some positive developments recently. Last week, for example, the company sold 11.6 million shares at an average price of around $51 each, raising nearly $590m. This will strengthen the company’s balance sheet.The company should also benefit as the US reopens in the months ahead. This year, analysts expect revenues to be double what they were last year.However, right now, the company’s share price and valuation make no sense at all, in my view. Currently, AMC’s share price is nine times Wall Street’s average target of $5.25. In other words, if Wall Street analysts are right, the stock could lose 90% of its value.AMC’s warning to investors It’s worth noting that, in a very unusual move, AMC has actually warned investors about buying its stock at the moment.“Under the circumstances, we caution you against investing in our Class A common stock unless you are prepared to incur the risk of losing all or a substantial portion of your investment,” it said in a filing last week.And Vanda Research, which tracks retail investor flows, said interest in AMC stock may have peaked last Wednesday. Since Wednesday, the stock has fallen 23% (which shows how dangerous these kinds of ‘meme’ stocks can be if my timing is poor).Better stocks to buyOf course, AMC stock could keep rising. Currently, short interest remains high. The short squeeze could have further to go.However, given the risks, I will be avoiding AMC. I think there are much better stocks I could buy. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Edward Sheldon, CFA | Monday, 7th June, 2021 | More on: AMC Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Edward Sheldon owns shares in Hargreaves Lansdown. The Motley Fool UK has recommended Hargreaves Lansdown. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img See all posts by Edward Sheldon, CFA “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. AMC stock is flying. Should I buy now? Enter Your Email Address Simply click below to discover how you can take advantage of this.last_img read more

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Point Predictive Launches EmployerCheck™ to Give Lenders a Convenient Tool to Assess the Validity…

first_img Pinterest SAN DIEGO–(BUSINESS WIRE)–Feb 3, 2021– Point Predictive, the San Diego-based company that provides machine learning solutions to lenders, today announced the availability of EmployerCheck™, a simple but effective fraud and borrower misrepresentation solution that helps lenders assess the validity of an employer stated by a consumer or third party on a loan application. Every US auto lender, mortgage originator, personal finance company, and bank can now receive a comprehensive report detailing nine risk factors for any reported employer without transmitting personally-identifiable information (PII). EmployerCheck was developed in response to the growing use of potentially fictitious employers on applications. In 2020 alone, Point Predictive identified a 300% increase in the use of potentially fictitious employers on consumer loan applications. In one case, a single suspicious employer appeared on 667 different applications, exposing 19 lenders to over $11.5 million in potential loan losses. Eight different lenders ultimately funded a portion of those loans, resulting in a 50% chargeoff rate for those loans. In recent months, Point Predictive’s fraud analysts have investigated hundreds of cases of potential fictitious employers. Many of these cases are the result of professional fraud ring activity, and it is easy to understand why this activity slips past unsuspecting loan review agents. Fraudsters easily set up genuine-looking internet presences and even have agents who answer telephone calls from lenders to fraudulently “confirm” employment and income. Easily-doctored paystubs complete the crime, while lenders are left holding the bag. “Misstated and fraudulent assertions by borrowers or third parties about employment or income costs lenders upwards of billions of dollars in losses,” said Tim Grace, Co-Founder and CEO of Point Predictive. “It is no surprise that EmployerCheck is one of the most highly-anticipated new product offerings by our consortium lenders,” he continued. “Our team developed an incredibly effective and extremely lightweight solution. An EmployerCheck inquiry requires only two non-PII fields, and most lenders will see an astounding 84% exact match rate,” he concluded. The risk-detecting horsepower of EmployerCheck is the result of a broad, fit-for-purpose data set derived from Point Predictive’s innovative anti-fraud consortium. This consortium’s data contains employer information derived from 94 million recent and historical loan applications and grows at a rate of over two million applications per month. Every EmployerCheck inquiry scans over 17 million true and fictitiously-asserted employers, five million business records sourced from the US Small Business Administration, and a suspicious employer “hot list” that is updated daily by Point Predictive fraud analysts who investigate fraud activity across the US every day. Frank McKenna, Point Predictive’s Co-Founder and Chief Risk Officer, delights at the ability to offer lenders a convenient but powerful way to detect one of the most common and costly loan fraud tactics. “60% of all fraud losses, or roughly $5 billion per year, involve a suspicious statement of income or the income’s primary source – employment – on a loan application,” McKenna said. “It has become so easy to submit and substantiate fictitious employers that an entire economy of ‘fraud-for-hire’ is emerging,” he continued. “It is a testament to the collaborative and innovative spirit within our consortium lenders that we are able to deliver such an effective solution. Every lender should make EmployerCheck part of its originations process,” he added. EmployerCheck is available to any US lender in either a file-based integration or through an application programming interface (API) integration. An EmployerCheck inquiry requires only four inputs – the employer name and employer phone number, along with an application identifier and date – in order to receive a report with multiple alerts and risk scores. Point Predictive further accelerates customer onboarding with a single-page customer agreement and convenient month-to-month subscription for the first three months of use. Point Predictive invites any lenders who wish to try EmployerCheck to contact [email protected] About Point Predictive Inc. Point Predictive enables lenders to fund more loans simply with a unique combination of Artificial and Natural Intelligence [Ai+Ni] to power machine learning technology solutions. Point Predictive helps automotive, mortgage, retail and personal loan finance companies to identify the consumer applications with truthful and reliable information without the intense interrogation and verification of data caused by lower tech solutions currently in use. Highly regarded as the most trusted fraud and misrepresentation analytic solution providers, Point Predictive has transformed that trust to enable lenders to fund more loans to more consumers simply. Point Predictive uses big data powerfully orchestrated from millions of examples of true and falsified loan applications, billions of derived proprietary data elements, and scientifically selected 3rd party data sources to build powerful machine learning models with the added natural intelligence of human experience. Located in San Diego, California, more information about Point Predictive can be found at www.pointpredictive.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005218/en/ CONTACT: Dennis Behrman Vice President of Marketing & Growth, Point Predictive 858.227.6644 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: DATA MANAGEMENT BANKING AUTOMOTIVE TECHNOLOGY CONSTRUCTION & PROPERTY REIT PROFESSIONAL SERVICES SECURITY GENERAL AUTOMOTIVE SOFTWARE FINANCE SOURCE: Point Predictive Inc. Copyright Business Wire 2021. PUB: 02/03/2021 09:15 AM/DISC: 02/03/2021 09:15 AM http://www.businesswire.com/news/home/20210203005218/en TAGS  WhatsApp Twitter Point Predictive Launches EmployerCheck™ to Give Lenders a Convenient Tool to Assess the Validity of Any Borrower’s Stated Employer Facebook WhatsAppcenter_img Twitter Local NewsBusiness By Digital AIM Web Support – February 3, 2021 Pinterest Facebook Previous articleQuantzig’s Analytics Experts Offer Exclusive Insights on Improving Business Intelligence and Analytics Maturity | Head to the Article and Take Up the Survey to Assess Your Analytics MaturityNext articleGlobal Workforce Analytics Market 2020-2024 | Forecasting Strategies for New Normal | Technavio Digital AIM Web Supportlast_img read more

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US Troops Provide Medical Support to Honduran Communities

first_imgBy Kay Valle/Diálogo April 09, 2019 More than 1,500 people from rural communities of Ocotepeque department, Honduras, which borders Guatemala and El Salvador, received humanitarian aid from a U.S. military medical mission. The villages of La Encarnación, San Fernando, and San Marcos benefitted from medical assistance and public health education from March 5-7. The humanitarian brigade included members of Joint Task Force Bravo’s (JTF-Bravo) Medical Element, under U.S. Southern Command (SOUTHCOM), based at Soto Cano Air Base in Comayagua, Honduras. The effort was part of a Medical Readiness Training Exercise (MEDRETE) supporting the Honduran Ministry of Health and Ocotepeque’s Health Directorate. About 30 units of JTF-Bravo, including medical and military personnel, joined the mission with support from local health professionals and the Honduran Armed Forces. “This year we conducted a dual activity: a surgical brigade and, at the same time, a medical and dentistry brigade in hard-to-reach municipalities,” Dr. Carlos Alberto Durón, JTF-Bravo medical liaison, told Diálogo. “There are various diseases in these areas, such as respiratory, digestive, gastrointestinal, and some illnesses that are prevalent year round, that are typical of the rainy season.” Medical assistance and prevention According to Durón, patients and participating Honduran health professionals were grateful and happy about the medical effort. “It’s good that U.S. personnel is not always the only service providers; rather, that there are also personnel of the Honduran Ministry of Health, so there is a record of the treatment given to each patient.” For three days, members of the selected communities received general medical assistance, surgery, dental care and extractions, and medication. Elements of JTF-Bravo also provided health education and important information to prevent common illnesses. “We can provide health and health education, such as proper hand washing, fluoridation for children, and [provide] vitamins for children, adults, and pregnant women,” said Durón. “We treat the population’s main cause of anemia, which is lack of iron in their diet. The vitamins are fortified with all the essential micronutrients people need.” Remote areas The communities were selected because they are hard to reach and because the Ministry of Health identified them as priority areas due to droughts and floods. Once selected, health professionals conducted epidemiological studies in each location to determine the main causes of diseases and assemble a brigade with the necessary help. For JTF-Bravo, MEDRETEs also keep the medical team prepared and give its members the opportunity to continue to learn from new experiences. In addition to providing humanitarian aid, the brigade can “take a person who normally works in an office out of their comfort zone, putting them in a situation similar to disaster response,” Dr. Ricardo Avilés, JTF-Bravo medical liaison, told Diálogo. Although the exercise focused on a region with vector-borne diseases, such as dengue, zika, and chikungunya, personnel also identified chronic degenerative diseases such as diabetes, hypertension, and chronic gastritis. The region’s inhabitants also suffer from parasitic diseases, such as roundworms that affect mainly children. “JTF-Bravo’s help consists mainly of detecting diseases […] and informing people that we have great quantities of medicines to treat these diseases,” Durón said. “Leaving home for a week to receive medical assistance for a chronic disease sometimes isn’t possible because of the distance.” Rewarding experience For U.S. doctors, relieving patients’ pain is rewarding. Despite taking part in several MEDRETEs, doctors say they are still surprised by people’s gratefulness. “We often meet people on the street who say, ‘You don’t remember me, but…’ and then comes the story about what happened,” Avilés said. “These things leave an impression.” In 2018, Avilés participated in a MEDRETE in Francisco Morazán department, where a 19-year-old boy who had lost the ability to work underwent hand reconstruction surgery. “He came back one year later [to Ocotepeque’s MEDRETE] deeply moved. He just said, ‘I heard you were here, and I just came to thank you and show you my hand,’” the doctor said. MEDRETEs date back to 1993. Since then, SOUTHCOM’s medical personnel provided humanitarian assistance and medical services to more than 480,000 people in Central America and the Caribbean. JTF-Bravo plans to conduct a total of 37 MEDRETEs in 2019 in the region. “We are thankful for the United States’ commitment to provide humanitarian assistance. They are an important partner for Honduras, and we will always collaborate,” concluded Honduran Naval Force Captain José Domingo Meza, director of Armed Forces’ Public Affairs. “We are confident that, as a sister nation, it will continue to provide support with all its capabilities to benefit the people.”last_img read more

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NextGen Know-How: Read this book to have an awesome year

first_imgBefore the new year began, my husband and I took a mini-vacation to a bed and breakfast in West Virginia to relax and unwind. With three young kids at home, it’s not often we get away together alone. One of our favorite things to do is read by the fire. On this trip, I read two books cover to cover, and one impacted me so much that I want to share it with you.In studying success for over 25 years, I have discovered a common theme in high achievers—they have a bias for action. They have the same fears, doubts, anxieties and challenges as everyone, but they push through the negative mind chatter and get themselves to do things they may not feel like doing. Success and confidence are not innate qualities—they are the result of small actions that compound over time.In all honesty, my default is laziness. If I didn’t consciously push myself through the barriers my mind creates, I would sit around every day watching Hallmark movies, eating Lindor truffles and drinking cappuccinos. There’s nothing wrong with these things, but compounded daily over time, they would not lead me toward my best self. 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

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Rocket Mortgage Classic: Golf club workers threaten strike before Tour event

first_imgThe PGA Tour schedule could be impacted after employees at the Detroit Golf Club threatened to go on strike before the Rocket Mortgage Classic.Club workers want to bring an end to ongoing negotiations and have a new contract by the start of play Thursday. If it does not happen by then, the union said it is prepared to strike.  Travelers Championship: Chez Reavie ends 11-year winless drought “Come (Thursday) when this tournament starts,” said Kevin Moore, president of the local union (via USA Today), “we’re going to do what we have to do. Demonstrations, strikes, whatever is at our disposal.” Employees have been asking for a contract that includes a “3% pay raise, health care relief and job security language,” according to a news release Monday. Related News Stephen Curry unveils new golf collection, set to launch this fall Phil Mickelson’s realization: ‘Probably … not going to win the U.S. Open’ Detroit Golf Club president Andrew Glassberg said in a statement the club has offered a contract with benefits and salaries 4% higher per year than the current contract.”We believe our offer is more than fair,” Glassberg said Monday. “We are ready to reach a resolution with the union, as we have since the contract expired roughly one year ago. Unfortunately, the union canceled bargaining sessions, delayed the negotiating process, and chose this historic event to make its statement.” The Rocket Mortgage Classic is one of just four events on the Tour schedule before the final major, the Open Championship.The field at Detroit features the No. 2 golfer in the world Dustin Johnson; Chez Reavie, who is coming off a victory at the Travelers Championship; and U.S. Open winner Gary Woodland along with fan favorites Rickie Fowler and Bubba Watson.last_img read more

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