Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Never is a long time, agreed with everything else.
We'll get our squeeze, just not sure when; but before, never.
I wish you were being sarcastic, but I believe you to be right.
That's not exactly how it happens, all shareholders of record get any declared dividend, it's the brokerage houses job to take the cash out of the account of whomever "borrowed" the shares to short.
A dividend of a full share of AMC would cause a chit storm.
No, they would have to have the shares in their account to give to the real owners on the date of dividend.
Thus, they would be buyers before that date.
I own CPB, sometimes my dividend comes in two different invoices, I believe one is from the company, the other is the dude that borrowed my shares, so he had to pay me the dividend. The person that bought my shares that were borrowed got the dividend from the company.
Do you have a Twitter account, ask AA about it. Damn, I can see him selling this idea to his board, he'd promise sharehodlers an extra share, plus he'd find this a great way to get himself another 100 million shares for Treasury.
That would make the outstanding shares around 1.1 billion, and probably start the squeeze. I'd vote to authorize increasing share count under these guidelines. It's damn close to splitting the stock, shareholders love stock splits, they also do not dilute anyone, this damn sure would put a hurting on anyone short AMC, be it a cover short or these counterfeit shares (that I believe are in the billions).
It's some seriously sick chit, I was a little kid and hardly understood what was going on, it was my brother's job to tell my father when the pig's junk "dropped" then my father and brother banded the little pigs, I watched, again not knowing exactly what was going on, later my sick brother told me in language that I understood. My father used terms as if he was a damn doctor.
The pigs were pretty big before their junk dropped, my brother's job was to hold the damn pig, thinking about it now, thank god I was little.
I for one, never knew you were talking about a dividend in shares, not a bad idea. HOwever, AA doesn't have enough shares hanging around, plus, the board would have to approve it.
Tell AA your thoughts, he claimed that he personally reads each Ape post.
What were you thinking about, actually, there's really no dilution if everyone received one share for each they hodl. Certainly would f@ck with all shorts.
"Guten Tag" Herbert, nice to see you like to buy bananas, hodl those bananas tight, there's like gold!
Two reasons, AMC doesn't have enough money as a company with this new Delta going around to be giving out dividends.
Secondly, I'm not sure how Citadel could pay out the dividend, normally when you short a stock, you pay the dividend, clearly Citadel has money, they don't have movie tickets.
Not a bad idea, they could pay with Movie Tickets, wouldn't cost AMC much of anything, they make money on popcorn and soda.
There are now more Apes, plus old APes are buying; we're going to blow past $70 just like we did $14
I'll be right with you this time
Is that Apes buy ten shares at 10 AM still on?
I can be a good Ape and buy 10 shares, but otherwise, I'm fully Aped Out in AMC!
Louie, there's still hope, my mother taught me to count by playing parcheesi, my daughter is playing with her two kids, too.
They can't, I also think there's Billions of counterfeit shares outstanding.
Apes are going to need to see triple digits before they sell, IMO, Apes are buying while the hole is getting deeper and deeper for those selling these counterfeit shares.
Getting Fined is BS, that is the first thing that has to change, if change is going to happen. That's not my opinion, that's a Fact!
Why only six million Apes? Everywhere I go, I run into APes that own AMC. My damn Dentist is an Ape!
Imagine what the share price will be when they buy the 4.2 billion counterfeit shares outstanding
HF are not afraid of digging any holes, they own the SEC. Those in control of the SEC also need to find themselves before a jury, a jury of Our Peers.
Great call about massive manipulation, Apes are buying, them boom, MM drop share price fifty cents at a pop. It's a joke.
Lord Have Mercy, that's sick!
They most certainly need to be held accountable, no fines........they need to see the insides of a real prison, not for a day or two, they need to do real time, time so they can meet Bubba and all of his friends.
That will change WallStreet, these kiss ass fines that are happening with the "good old boy system" has to stop.
I give you a great amount of credit for trying, We the People need to speak up, Great Job, louieblouie!
I agree, they NEED prison to stop this, they need to be roommates with BUBBA, Bubba will teach them they have failed to learn about life.
Making deals without admitting to any quilt if BS, never should have been allowed. This White collar crime is what is causing so many other crimes in Society
They should not be allowed to simply pay a fine, these cases need to go to court, then if found guilty, they go to PRISON.
Reuters) - Theater operator AMC Entertainment Holdings Inc on Wednesday named Chief Executive Officer Adam Aron as chairman, at a time when investors are pushing companies to separate the two roles to keep a check on management.
Aron has served as CEO, president and member of AMC's board since 2016, having led the company to become the largest cinema operator in the world and maintain its liquidity when the pandemic hammered its business.
One of so-called 'meme stocks', AMC soared in a Reddit-driven retail short squeeze in the beginning of the year. The company's shares were down 2.8% in premarket trading on Wednesday.
Last month, Microsoft made a similar move, naming CEO Satya Nadella as chairman of its board.
Many large firms have a legacy structure where the CEO and chairperson roles are held by a single person, usually the founder, but only in rare instances do corporations choose to go back to such a structure.
According to data from shareholder advisory firm Institutional Shareholder Services Inc (ISS) ESG, 59% of S&P companies have a separate chairman and CEO as of 2021, compared with 37% just ten years ago.
AMC said Ambassador Philip Lader will serve as lead director of the company.
(Reporting by Eva Mathews in Bengaluru; Editing by Maju Samuel)
Barron's noticed, FOMO should be worth a point or two IMO
Meme Stocks GameStop and AMC Bounce Back. Short Sellers Got Burned Again. -- Barrons.com
6:24 pm ET July 20, 2021 (Dow Jones)
By Connor Smith
After a lackluster month for shares of AMC Entertainment Holdings and GameStop, both roared higher on Tuesday, burning short sellers along the way.
On Tuesday, AMC Entertainment stock (ticker: AMC) surged 24% to $43.09 while GameStop stock (GME) closed up 10% to $191.18. Both posted their highest close since July 9. GameStop stock is still down 10.7% month-to-date, while AMC stock is down 24% in July, according to Dow Jones Market Data.
AMC and GameStop are the two major meme stocks -- meaning their daily price movements are often unpredictable, having more to do with factors like social media chatter, options and momentum trading quirks, and short seller activity. Several analysts have dropped coverage on GameStop, arguing it no longer trades based on fundamentals.
Ihor Dusaniwsky, managing director at short-selling data provider S3 Partners, told Barron's he estimates 75.8 million AMC shares are sold short, or roughly 15% of shares available for trading. There has been some covering, as he estimates shares shorted are down by about 4 million over the last week. But with the stock up $8.47 on Tuesday, short sellers were down $642 million in mark-to-market losses on Tuesday alone, bringing the year-to-date losses to $3.82 billion.
For GameStop, he estimates about 7.9 million shares shorted, or 14% of shares available for trading, down by about a million shares over the last week. Based on those numbers, short sellers were down $139.8 million on Tuesday, bringing year-to-date losses to $6.32 billion.
AMC did give investors some news to chew on. After the close on Monday, the company said it was adding two former Pacific Theatres locations in the Los Angeles area. It also said it's in discussions with other property owners regarding adding more closed locations. Consolidation would be good for AMC, but it would take bold assumptions to justify the stock's current levels.
There was no such news for GameStop to justify the move -- though late Monday night chairman Ryan Cohen posted a photo of himself with chopsticks in his nose with the caption "PG-13." Reddit users for months have speculated wildly based on every emoji, GIF, and photo that the Chewy co-founder has shared on Twitter.
What comes next for the meme stocks is anyone's guess. Wall Street pros have been calling for a crash for months, but meme stocks have held up, albeit with plenty of volatility along the way. Eventually the companies will need to put their cash to work and justify these elevated valuations. Just not yet, apparently.
Write to Connor Smith at connor.smith@barrons.com
I agree, so for the most part, I stopped!
When I was on vacation, it was hard to not watch the line, but we were going up. However, I did learn that you can indeed get seasick, so I decided to just Hodl onto something else and let the line go where it's going to go regardless if I'm watching it or not!
Yes, it's true that I didn't go back to the first post, however, I did drop back a few hundred, or so. I also had found both information and links, after my first post to you.
I'll keep watching UNSS, I wish everyone GL!
IMO, if you're not selling, then buy.
I'm adding, UTME went Public in April, they got attacked with BS that has been proven to be BS, there's a huge short position hoping that people will sell their shares cheap, again, either sell your shares or buy more. UTME is going places,
Patience is needed when you buy stocks that have been shorted to death.
I'd sure like to know what this is all about:
The Company also plans the installation of a closed loop waste to energy technology
I'm also sure anyone else thinking of investing in UNSS would, too.
Lastly, since you do have skin in this company, don't you think this info shoudl be on company's web site?
You think so? When will they start selling shares? Clearly, they are going to need some dough ray me, do you have any other idea where that would be coming from other than more dilution?
SOunds like you have some skin in this company, perhaps you'd like to help me understand exactly what makes UNSS worth 22 million dollars!
So you know, I don't own a share...............I'm not even sure how in hell I even heard of UNSS; but I do know this, it's in your interest as a share holder to get information out.
I did find: http://universalsolartechnology.com/
I have zero clue what a CE company is.
I've also found a site that said they have twelve employees, is that current?
https://www.morningstar.com/stocks/pinx/unss/quote
If not current, how many employees are there? Are you buying at these levels? If not, why not.
Thanks,
Slim
JP Morgan got big balls, they're bitching about shorting to others, while shorting the piss out of sliver, AG in particular.
$70 wasn't a squeeze, it was a FOMO run, HODL on tight, stay up all night,'cause Josey, AMC's comin' on strong
I think the bigger problem is there are billions (BILLIONS) of shorted shares sitting in the Dark Pool that are not reported to anyone, nor are they paying interest since they aren't loaned out shares, they are counterfeit shares.
This has to be known by Gensler and Powell, yet nothing is being done to put and end to this corruption.
AG is getting the living hell shorted out of it, I too like Silver, no clue why AG is getting shorted, but I have no clue why AMC is getting shorted, I'm just clueless.
Way behind in posts, too.
Way behind in smarts, glad it doesn't take brains to HODL.
I believe we need to protest, too.
However, I say at the SEC and at WS, Occupy WS needs to come back and finish the job, IMO.
I do agree with you that they are shorting the living piss right out of AG, but I'm holding and buying. F@ck them all!
First Majestic Silver (NYSE:AG) (TSX:FRI) has announced a C$ 1.3 million investment in Blackrock Silver, an exploration company with a portfolio of gold and silver properties in Nevada. First Majestic currently has three silver mines in Mexico and a recently acquired goldmine in Nevada. The investment agreement involves the private placement of 2,666,666 units. The offering is scheduled for closing on June 8, 2021, subject to conditions such as receipt of the necessary approvals including the approval of the TSX venture exchange. The offering will be subject to a hold of four months and a day from the date of closing.
Blackrock Silver (TSXV:BRC) (OTC:BKRRF) announced more high-grade gold and silver intercepts from its core and RC drilling program on its Tonopah West project in Nevada. The company has completed 53,000 meters of drilling in less than a year and identified ten high-grade veins of between 400 meters and up to 1.5 kilometers in the strike. On the Merton vein, the company has discovered two distinct high-grade zones. This vein is part of the company's DPB target that forms the basis of the company's maiden resource estimate planned for delivery by the end of the year. The company's impressive exploration results give investors "a lot to look forward to in the near term."
Artificial Intelligence likes us, these dudes with zero intelligence can do whatever they like, I don't care.
Artificial Intelligence Is On The Side Of Apes? Tesla-Fame's AI-Based ETF Sells Facebook, Walmart And Buys AMC
7:13 am ET July 12, 2021 (Benzinga)
The Qraft AI-Enhanced US Large Cap Momentum ETF (NYSE: AMOM), an exchange-traded fund driven by artificial intelligence, has sold a majority of its holdings in Facebook Inc. (NASDAQ: FB) and Walmart Inc. (NYSE: WMT), while loading up on shares in AMC Entertainment Inc. (NYSE: AMC).
What Happened: The ETF’s latest portfolio after rebalancing in early July showed that the fund has also sold major chunks of its holdings, or entirely divested, in home retailer Home Depot Inc. (NYSE: HD), software company Adobe Inc. (NASDAQ: ADBE) and chipmaker Texas Instruments Inc. (NASDAQ: TXN).
The fund has a history of accurately predicting the price movements of electric vehicle maker Tesla Inc.'s (NASDAQ: TSLA) shares.
The ETF now has online dating services provider Match Group Inc. (NASDAQ: MTCH), cybersecurity solutions company Fortinet Inc. (NASDAQ: FTNT) and auto parts retailer O’Reilly Automotive Inc. (NASDAQ: ORLY) as its three largest investments.
Match Group has a 3.65% weighting in the AMOM portfolio, followed by Fortinet and O’Reilly with 3.5% weighting each.
The other two stocks that make up the top five holdings in AMOM include auto parts retailer AutoZone Inc. (NYSE: AZO) with a 3.1% weighting and enterprise technology company Zebra Technologies Corp. (NASDAQ: ZBRA) with 2.7%.
AMC Entertainment has been added to the portfolio this month with a 2.34% weighting. The movie theater chain's stock is up 2078% year-to-date thanks to a short squeeze conducted by retail investors that refer to themselves as "apes."
Prior to the rebalancing, the ETF had Facebook, Walmart, Home Depot, Adobe and Texas Instruments as its five largest stock holdings.
Good Point, while I'm not fan of Warren, she clearly knows the game. Money buys friends, it also buys information. Hoover had something on everyone, I believe the same is true of Citadel.
Powell and Gensler are the 1%ers, poor old Lizzy only has 12 million bucks, according to Forbes.
In 2019, Elizabeth Warren's apparent net worth was roughly $12 million, according to Forbes.