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The bottom of this stock has been .0174 for weeks/months. Because that's what it's worth. Some days people get excited and it will jump for an hour or so. But then it's back down to good 'ol trusty .0174 Give me something other than a exaggerated 2.1M subs then maybe it will be worth more. But it's worth .0174 Buy when it happens to get cheaper, but that's what she's worth. Even if earnings out tomorrow suck, it won't matter. It will come back to .0174 The pps is directly tied to sub# and O/S.
I own this, trust me I want it to. But the chart isn't going to be what does it. I have been watching this since the last R/S. It will have to be valid fundimental results that will make it turn around. Chart forcasts are worthless with this stock. Except for the daily bump drop roll action that it makes on the daily.
You people say the funniest stuff. Where can I ask is the breakout signal?
Thank heavens, I wouldn't want to take money from my IHub friends. I love this MB. And I think you guys are great. Negative or positive you are who I look to for the most up to date information. I have learned a tremendous amount of knowledge here and I owe it all to you folks. Thanks your the best. I hope my contributions help in return.
Let's ask. Hey did anyone here buy in PreMarkets at around 0.024? Just curious.
I'm not here to give the wrong impression. I have faith in this stock over the long term. But it's silly to not make a buck or two along the way. I trade the moving average. I don't look at L2. I have forcast the meeting delays everytime. I will admit the cancellation surprised me. I'm assuming it's to get a new set of shareholders for the next attempt due to the record date being reset. There has been an increase in institutional holders since last R/S announcement. The R/S has to happen, it's a fact. 1.5B shares O/S and it's just not worth 1.5B MC. They will need the shares for later aquisitions. They also have stated in previous filings that they intend to sell shares to support themselves. The earnings is going to be soft tomorrow. Too much has been spent on vote soliciting and other movie/partnership aquisitions. It's going to take off, but no one should be counting on a Christmas surprise, maybe an Easter surprise if we are lucky.
Looks like they know how to loose money. Should have waited untill now to see true action. They bought my shares probably. I will happily buy them back at a discount later today. Thank you. I love this stock. I make more money before most people even get out of bed, and I'll don't even get out of bed to do it.
So Pacer has updated docs about the case. Fill me in what do they say?
I must admit, crazy volume spikes for such a comatose chart pattern. Kinda would think there would have been a little bit more pps variation with all the shares being traded. But I've got my theories.
My guess, despite getting HMNY/MP reverse split vote propaganda in the mail last week (thx for wasting more shareholder money on postage, probably about 15 shares worth per holder that received the R/S promotional mailing. And with 1.5B shares O/S imagine the number of those on the mailing list, Wow! I just couldn't bring myself to even throw it away. I wasn't going to be responsible for throwing away shares. What a F-ing waste)... Sorry back to what I was saying. I'm guessing tomorrow around 3:25, share holder meeting is postponed, again. But, this is the last time... Maybe
Interesting... "The option to order a physical card in December or sooner". So they are either anticipating the motion to dismiss will be successful. Or they plan on needing to submit and follow through with an agreement with MP. I frankly tend to forcast the latter. If they truly intended on pushing for the motion to dismiss they would not have jointly stayed the case time and again (actually 3times). The motion would have been filled immediately rather than a joint stay to the case. I have seen the patent as substantial since the beginning. It is what creates an ease of use to the service and look at the can of worms they opened then dumped on themselves by trying to circumvent it.
Yeah, those little tail wags have been showing up lately. End of trade session some big artificial looking mega volume overpriced buy. It happened earlier in the week or last week, twice in one day. Once at end of normal day then again at the end of after hours. Not sure what it's from. I think it's interesting as well. Not sure if it's some big money trying to jump start the next session or if it is some HMNY affiliate keeping the range stable. It would be nice to get the specifics on the exact price and trae volume for that moment.
Today was my wedding. I was thinking the same thing. I hope for your situation it's better luck. But in today's case I was hoping my wife would be marrying a rich man. But all she got was a really handsome poor guy...
I have to add
I found the comments for the article valuable to read.
I didn't know that the Sinemia plan prices were promotional and increased after a month or two. Totally changes the whole perspective. MP is the only player that is going to survive this whole game. It's interesting but they will swallow Sinemia very soon. And the two other chain mberships will just top out and essentially drain profit simply to retain loyalty. MP ownes the movie subscription service and will win in the long run it is very obvious. Not saying my share ownings will ever amount to anything but they have their claws in the market and nobody is positioned to change that. You don't have to like it, but thems the facts.
The comparison to AMC/A-list should stop. A-list is a membership to a chain of theaters. It's not the same as MP or Sinemia.A-list will cap out based upon the availability of AMC markets. I'm betting they are almost topped out as of today. The MP and Sinemia have much larger coverage and I believe will consume the AMC markets in the future. MP has done a fair share of learning from Sinemia and is positioned for success beyond Sinemia. I think their public stock opportunity will give them a financial advantage. Any continued legal ongoings will be much easier for HMNY/MP to sustain than the impact it would have to Sinemia. To remain viable Sinemia has no extra money to spend, none. There service was built on tight margins and can't handle any extra costs. Once the motion to dismiss fails I bet Sinemia has no choice but to succeed in the court case. In reality Sinemia is simply a very successful Mom&Pop shop. Despite the negativity no matter how you look at it MP is still the dominator in this market. AMC/Sinemia/Cinemark combined don't have what MP has for subscribers. The only thing that stops HMNY/MP is itself. The spin off I think should lead to great success if implimented. Time and again better businesses have to yield to the larger corporation and my bet is that is going to be the case with Sinemia. HMNY/MP has no shame and Ted is a sociopath. He has no qualms of causing his company to fail and he would take down Sinemia with it no problem. No choice but to run with him than against him.
And a grounded article discussing Sinemia
https://www.google.com/amp/s/www.yahoo.com/amphtml/finance/news/moviepass-struggles-sinemia-intends-thrive-191923782.html
I enjoy the mirror statement made by Sinemia owner comparing the service to that of gym membership businesses. Havent we heard that concept before?
The parallels of the subscription business model are beginning to cross more frequently.
Also Sinemia membership information is not revealed but the claim of growing by 50% monthly is made. I'm sure that includes all their markets but I just don't see that rate as being realistic.
One other interesting thing is that the Sinemia price point fluctuates frequently which to me indicates an attempt to cover service costs by adding new different service levels to cover the costs of existing subscriptions. They continued to increase the number of service packages and it's up to something like 6 different service levels.
So another announcement of cancellation of "unlimited movies".
Am I reading this right?
https://www.google.com/amp/s/www.cordcuttersnews.com/moviepass-kills-their-unlimited-plan/amp/
On-off-on-off, so the last round of subs who were in the test group are cut off again?
I guess MP got what it wanted and has unsuspended accounts with the lure of unlimited movies only to place them into a 3/month plan.
The delay of the meeting must be causing the need to be careful with spending. I wouldn't put a whole lot of faith in an outstanding earnings report of this is the case, again.
Imagine if some shareholder had gone to the effort of scheduling a flight or had gotten on a plane to NY intending on attending tomorrow's meeting. Then mid flight checking his phone only to find out. "What! Meeting delayed! "What the @#*?!."
It contained a typo. And I think it contained to much contact information of the author. I feel it was a spoof.
DarkPool is one of the few on here tonight that has his head on straight.
Empathy not sympathy for those who are sore on this holding. Sure Ted is a F head but he wears a hat with "F head" written on it and a t-shirt that says "don't trust me". This wasn't a dream come true play. It isn't a dream come true play. And it definitly wont come true. If you handled it as such your not hurting. If you bought and then fell asleep, yup your bruised. I'm sorry, but I'm not. I have a little more sympathy for all the ol' guys that built GE into their portfolios and we're counting on the dividend. But then again, I don't. They got plenty for a long time. Just never forget to keep a close eye on your money.
Yes, they will get the extension if they ask for it.
We are all saying that we vote "no". But I can forcast right now that the headline will read "stockholders vote in favor of a 2nd reverse split". It's just how these things go. Folks better be prepared and ready. Nobody has any excuse to sound surprised on the evening of 11/1 or the morning of 11/2.
I guess I was just looking find out if my prediction of yet another delay till any knowledge regarding the infringement case would be released was a hit or a miss.
So who has an account? What's on the documents?
And HMNY does just the opposite. And it's pps will reflect accordingly. With a 5 or 6 figure pps, only with a decimal at the beginning.
Can't wait for Ted to turn his persona 180° and blame the delist on investors due to vote failure. As if we have any responsibility other than financial support. No matter what happens none of us really have any lesson to learn, we all know the simple facts. R/S pass our investment is flushed. R/S fail, same. The patent is valueless without a proof of concept to perpetuate it's future license and profit. One man stopped at nothing to euthanise yet another business model. One man has found a way to capitalize on failure. Ted Farnsworth. Purple drink, Psychic hotline, business distruptor... Business destroyer Ted.
Reallyyyyyyyyyyyyyyyyy, where do you pull the .60 figure from? Just let the group know. So obviously you think before R/S. What about this company is of the value of 840milli? AAPL=1 trillion, AMZN=almost trillion, MSFT=almost trillion. These companies actually provide a service that actually have assets.
Listen to Ted Farnsworthless just grovel in the last defa14a filing. It opens up with a personal message speaking directly to me as an investor. It's the first and only time he has addressed the investor on a personal level. And it is only to just beg for "yes" votes. F-no! It sounds like he is a advicate for the PBS TV channel during a fund drive. Which is what he has turned MP into, a publicly funded movie service. I do contribute annually to PBS because it provides a educational broadcast that I trust that serves the greater good. Ted gets his bonus based upon funding and financing success to subsidize the money bleeding organization. Not by providing a better organized service that survives off of it's own subscribers. No were in that filing does it mention the executives that are responsible for the lousy pps. Here is my public service announcement. Vote No/No as many times as you can. If you voted the first time, take the time to vote again. Any money lost is money lost. A "yes" vote certainly isn't going to bring value back to your shares. The Sept R/S filing guarantees more dilution. Then 3weeks later a big turn around in opinion and the potential for decrease in dilution necessary gets stated in a subsiquent filing. Then decrease the AS Ted. I have lost my faith in this stock and I think it's a lost cause at this point. The opportunities the last week's and months are gone. They have left it with no potential upside.
Just imagine the number of shareholders from Sept 24th that have since bailed and recvered their loss from quick flips that hold nothing for shares but are going to vote against R/S. The investors are not powerless it's just a sad story because they have to stick to there guns and bury this company to teach the lesson. Lots of emotional loss to the current scenario because people believe in this and they have to watch it get suffocated by money hungry dishonest undeserving overpayed old impotent men who would rather euthenise it rather than take the time to let it grow at a organic sustainable rate. It's a big problem nowadays. We all know the boomers sold out their sons so they can boost their ego and live their worthless elder years as millionaires rather than spending their time doing what they should and spend time with their grand kids and teach them to fish so they can learn to provide themselves a meal. We're all f'ed in the end because of these flower child a ss holes. No offense if your one of them, but seriously let me ask. What have you left for your son or daughter? Answer me that before you attack my post.
Very very true. 30million volume for this stock with a sideways moving chart just isn't enough volume to get a decent bounce. And the only news validly able to get it to bounce is being retained for the potential of successful R/S vote to combat the short pressure. With a 1/500 R/S pps has to clear $12.50 to achieve $35m MC. MC is sitting at $27m at best where are they going to find $8m in value to add into the equation?
I think they are out of plays untill later in the week. We had the funding word play we had a buy out spoof then the spin off concept and a repeat Spanish Mitch interview of 2019 possibilities. People want to see signs of real life. Positive earnings, Sinemia market cooperation or at least business agreement. I'm betting that the true sub count is below 2m and the only reason it was at 2.1m was due to the manditory reactivation of suspended accounts.
Let's just imagine that our hopes of voting down the R/S occurs. We still need to get to minimum pps requirement and minimum market cap. The best chance I see to achieve that is a option long gone. Should have foreseen vote failure and used cash to buy back shares and let out the infringement news long ago. These guys wanted the R/S or complete failure. They played chicken with investors for easy money instead of earning it because they were so greedy they couldnt share with the people who kept them alive. The investor is less than worthless to Ted. They want the pps higher and a share reset so they can sell one share and get 500 times the money. No chance, no chance for this to succeed. Public image is destroyed, even HMNY want to separate from MP and MP is equally happy to separate from HMNY. The only news to give it a chance is to separate from Ted Kavorkian.
Mitch states that "his" money problems are solved.
It's important to read and quote carefully.
Mitch is saying his money problems are solved. Not specifically the company.
I already knew his money problems were solved a long time ago.
Friday chart, I'm seeing...
Coma doji
or
Zero brain activity star
or
Flatline hirami
... Zone spin off idea, dismissed in MP spin off announcement.
I didn't own it. But I to the best of my honest memory remember the article being worded.
"Shareholders vote in favor of one time reverse split of HMNY stock"
Bamm!!!!
https://money.cnn.com/2018/07/24/media/moviepass-reverse-stock-split/index.html
I just did it again to ya!
Yeah, that sucks! It's kick a swift kick right between your legs.
Let's have a quick raise of hands. How many want to have it another try?
I mean doesn't it sound like a swell idea? It gets cheaper everyday. I get so much more for my money. And in a world of Trillion dollar company valuations. Wouldn't it just be cool to be a shareholder of the first Trillion outstanding share company?
https://money.cnn.com/2018/07/24/media/moviepass-reverse-stock-split/index.html
... There, now you know.
I just flashed the same thing in front of you. How did it make you feel?
Please vote based upon that emotion you just experienced.
Money? F that! Not for me.
Ahhhh! I just threw up in my mouth. Just by thinking of the filthy stuff.