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they already tried dropping 10 AMC theaters and that didn't work. Moviepass customers complained like crazy and cancelled.
We ain’t seeing another Green Day until positive news comes out
http://www.businessinsider.com/moviepass-300-million-lifeline-could-vanish-2018-5
This article confirms what I've been saying since the beginning of farn's ridiculous statement: the $300million line of credit is just the shelf offering. The downward pressure that everyone keeps complaining about is Farnsworth selling shares to fund moviepass. It is done through a 3rd party like it says in the article. So those "crooks" you keep saying are trying to tank the stock is just moviepass trying to get money for their shares.i
More and more shares added everyday, diluting the stock and putting a ton of downward pressure on the price.
be careful what you wish for lol
wait so they talk about moviepass in the movie? Did they do reshoots to get that in?
people like to make up conspiracy theories on why a stock is going down so they feel better about themselves, but it's all made up BS. No one is trying to get this to pennies on purpose so they can get rich.
Yes, bankruptcy is going to happen
This guy also had his hands in a pot business that went bankrupt, just because he's from Netflix doesn't mean everything he does is a success.
Mitch Lowe said he would own a theater if they had unlimited money. They don't have unlimited money though
I am warning not to listen to what farnsworth says, I didn't say sell. I did not sell. I was just sick of people saying they have no fear because ted has this huge deal lined up that will shoot the stock to $10. i do not believe anything he says without facts. You should not pretend like everything is fine. You should consider all risks before investing, not investing blindly based on the pumping of a penny stock CEO
If acquisitions take time then why announce a date for it?
I did not buy shares because of farnsworths lies. I always said do not trust what he says without fact. I believe in the future of the company if they can get funding, but I never once believed he had 300 million in funding or a big acquisition, and I wrote that here many times. I am afraid of dilution, farns is hyping up the stock so he can dilute more, which didn't work as most people besides this board didn't fall for it.
Yup and Farns has a history of lying to boost his penny stocks. I warned you all, but no one would listen.
https://www.bloomberg.com/news/articles/2017-10-30/man-behind-1-151-stock-rally-has-overseen-99-wipeouts-in-past
even if they bought 100 shares of hmny for $60 it wouldn't even equal 1 apple stock lol. Of course more people are going to have a few shares of HMNY because it's cheap and that's all they can afford.
farns has lied many times before and you all fall for it, and no lawsuits are filed. Same as usual
lol i never said it was an exact number, I doubt it was very much, definitely not 100K lol. Millenials using robinhood don't have much money and they buy HMNY because it's $.65 with no fees. Bragging about 5000 people buying a $.65 cent stock is pretty pathetic.
that's not news, that's someone's hopes and dreams
yes 7000 people and they bought it because it's cheap. I doubt they bought much.
gotti get bad reviews?
wow a 7,000 person increase. A whole $5K. You could buy like 100 shares of apple with that increase
yes he was trying to pump up the stock so they could have a chance at dilution and not get delisted
he never said without further dilution, you have to read between the lines. I have my doubts that any news is coming today.
everytime that i think that dilution is baked in, I am proved wrong when they dilute and it goes down. If they are going to sell more stock they have to sell it for less than the current price, or who would buy it?
i don't think you're even reading what I write, i'm not afraid of the industry changing, i believe in the moviepass model. I also believe in hmny stock dilution which is not good for the short term.
what does GE or twitter have to do with dilution? Subscription models may be the future, but stock price decline is the future too if they dilute again.
why are you guys not afraid of dilution? If that happens again that will destroy the stock.
it is foolish to buy the CEO's "amazing news" without facts. He has been known to mislead. wait until facts are revealed before treating it as truth.
https://nypost.com/2018/05/08/shares-of-moviepass-owner-crash-after-amc-reveals-scary-numbers/
If you think new movies only come out twice a month you know nothing about movies
so when nothing "huge" is announced are you guys going to admit that farnsworth is a conartist?
you can trade stocks after hours, i'm not sure the hours they're open but it is less volume.
the problem is how many dilutions will come before the stock is correctly valued?