Letters by company
Amc Entertainment Holdings, INC.
3 letters discussing AMC. Everything written about it on this site is on its ticker page.
- Bireme Capital May 2024 Investor Letter Fundamental Value increased its international longs, built a more conservative US short book, and made Disney one of its largest positions on the view that its parks business and improving streaming economics are undervalued. The strategy exited painful meme-stock shorts in DJT and GameStop, shifting toward valuation shorts including Apple, Costco and Cintas. first five months of 2024 -10.9% DIS $186BARKK DJT $2.4BGME $8.1B
- Bireme Capital 3Q22 FV Quarterly Report Bireme Capital argues that persistent inflation and a Fed unwilling to support markets have replaced the buy-the-dip regime with a sell-the-rally one. It backed RCI Hospitality and Netflix on operating momentum and valuation, exited Tencent Music over weakening Social Entertainment and pricing pressure, and built Twitter into its largest position ahead of Musk's acquisition. 3Q22 +2.5% NFLX $511BRICK $240MTME $14BTWTR delisted
- Bireme Capital 2Q22 FV Quarterly Report Bireme Capital argues that persistent inflation, tighter policy and falling corporate profitability leave risk assets exposed to further declines. The portfolio retained HCA Healthcare as a core long, covered shorts in Affirm and Skillz, and remained short fuboTV, GameStop and MicroStrategy. 2Q22 -1.4% AFRM $26BFUBO $1.1BGME $8.1BHCA $88B
