← pool

📈 Movie theaters do not go out of business

With reopening underway (empty theaters, $5 tickets, $99 whole-theater rentals) Friedberg argues the theatrical experience is structurally durable and will not die; Jason floats AMC as a trade on the back of it.

0 CONVICTION
peaked 34.4 EMBER
DORMANT
band
▲ LONG AMC
expression · bullish equities
RIGHT
result · return +95.6% · vs SPY +79.7%
2022-03-27
born 2021-03-27 (E27) → window closed

⚖ Why this result

fully deterministic — computed from daily closes on the scoring date; nothing below is editable or hand-set

  1. Window: 2021-03-27 → 2022-03-27 — first mention + 12-month horizon, then the window locks.
  2. The call: ▲ LONG AMC (primary play). AMC rose 95.6% over the window → return (sign flipped for a SHORT) = +95.6% (the call made money).
  3. Benchmark: holding SPY over the same window returned +15.9% → vs SPY = +95.6 − (+15.9) = +79.7% — what this call made or lost against just owning the index. This is the number the result uses.
  4. Rule fired:
    ▶ RIGHT — return ≥ +10% AND beat SPY by 5+ ✓ (return 95.6, vs SPY 79.7)
    · HALF — return ≥ +5% OR beat SPY at all
    · WRONG — everything else
  5. Credit: supporters of a RIGHT earn 1.0 each, opposers the opposite — this feeds the scoreboard. supported: Friedberg, Jason | proxy-sensitive: CNK→MISS (-15.0%); IMAX→MISS (-2.0%)

Conviction timeline

bands: green ≥ 65 · watch ≥ 45 · ember ≥ 15

Plays vs SPY · % since first mention (2021-03-27)

Plays

expressionsymbolkindrelevancerationale
▲ LONG AMCstock PRIMARY the ticker Jason names on air as the way to express it
▲ LONG CNKstock adjacent cleaner-balance-sheet exhibitor levered to the same reopening
▲ LONG IMAXstock adjacent premium-format exhibitor, direct read on theatrical demand returning

Mention log newest first

Jason
Jason equities 49% · n=105 · E27 (2021-03-27) · sentiment · strength 1 ▶ 1:05:48 SUPPORT
“I wonder what AMC is trading at. I wonder if AMC would be an interesting...”
Friedberg
Friedberg equities 43% · n=123 · E27 (2021-03-27) · sentiment · strength 2 ▶ 1:05:43 SUPPORT
“There's no way movie theaters go out of business. I mean, it's such like a traditional experience. It's so American.”

Who built this conviction

each voice's total push on the score, in conviction points across every mention — supports and opposes · share = % of all mention-driven movement

Friedberg
Friedberg 43%
1 scoring event · 58% of moves
+20.0 → net +20.0
Jason
Jason 49%
1 scoring event · 42% of moves
+14.4 → net +14.4

⏳ decay drained -28.7 over the idea's life — that's time passing, attributed to no one

Score events

episodekindΔafternote
E27 2021-03-27 init +20.0 20.0 E27 born by Friedberg (sentiment x2)
E27 2021-03-27 reinforce +14.4 34.4 E27 Jason support x1 (new voice)
E28 2021-04-01 decay -1.4 33.0 E28 silent
E29 2021-04-17 decay -1.3 31.7 E29 silent
E30 2021-04-23 decay -1.3 30.4 E30 silent
E31 2021-05-01 decay -1.2 29.2 E31 silent
E32 2021-05-13 decay -1.2 28.0 E32 silent
E33 2021-05-22 decay -1.1 26.9 E33 silent
E34 2021-05-31 decay -1.1 25.8 E34 silent
E35 2021-06-13 decay -1.0 24.8 E35 silent
E36 2021-06-18 decay -1.0 23.8 E36 silent
E37 2021-06-25 decay -1.0 22.9 E37 silent
E38 2021-07-03 decay -0.9 22.0 E38 silent
E39 2021-07-09 decay -0.9 21.1 E39 silent
E40 2021-07-16 decay -0.8 20.2 E40 silent
E41 2021-07-23 decay -0.8 19.4 E41 silent
E42 2021-07-30 decay -0.8 18.6 E42 silent
E43 2021-08-06 decay -0.7 17.9 E43 silent
E44 2021-08-28 decay -0.7 17.2 E44 silent
E45 2021-09-04 decay -0.7 16.5 E45 silent
E46 2021-09-14 decay -0.7 15.8 E46 silent
E47 2021-09-18 decay -0.6 15.2 E47 silent
E49 2021-10-02 decay -0.6 14.6 E49 silent
E50 2021-10-09 decay -0.6 14.0 E50 silent
E51 2021-10-16 decay -0.6 13.5 E51 silent
E52 2021-10-23 decay -0.5 12.9 E52 silent
E53 2021-10-30 decay -0.5 12.4 E53 silent
E54 2021-11-06 decay -0.5 11.9 E54 silent
E55 2021-11-13 decay -0.5 11.4 E55 silent
E56 2021-11-20 decay -0.5 11.0 E56 silent
E57 2021-12-04 decay -0.4 10.5 E57 silent
E58 2021-12-11 decay -0.4 10.1 E58 silent
E59 2021-12-17 decay -0.4 9.7 E59 silent
E60 2021-12-23 decay -0.4 9.3 E60 silent
E61 2021-12-29 decay -0.4 8.9 E61 silent
E62 2022-01-08 decay -0.4 8.6 E62 silent
E63 2022-01-15 decay -0.3 8.2 E63 silent
E64 2022-01-22 decay -0.3 7.9 E64 silent
E65 2022-01-29 decay -0.3 7.6 E65 silent
E66 2022-02-05 decay -0.3 7.3 E66 silent
E67 2022-02-12 decay -0.3 7.0 E67 silent
E68 2022-02-19 decay -0.3 6.7 E68 silent
E70 2022-02-24 decay -0.3 6.5 E70 silent
E71 2022-03-05 decay -0.3 6.2 E71 silent
E72 2022-03-19 decay -0.2 5.9 E72 silent
E73 2022-03-26 decay -0.2 5.7 E73 silent