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Bro, I believe Apes should just be looking all day long, just like at the Zoo.
Apes should buy after hours, Apes want real bananas, Apes are tired of plastic fake bananas.
All Apes should ONLY buy after hours, why, there's no down side for Apes.
There's big downside for Hedge Hogs
I understand your passion for the Law, as well as your belief of what is Right as well as what is Wrong, but take a long look at how long they have been writing counterfeit shares
https://finance.yahoo.com/quote/AMC/history?p=AMC
Counterfeiting may very well be a Federal Crime; but the SEC isn't doing a thing about it, and the writing continues.
IMO, AMC is down today due to lack of volume, buyers were buying Counterfeit Crap.
All Apes should stop buying during normal hours, then see where the share price is. Apes should buy After Hours when the Counterfeiters are not printing fake ass shares.
I can't stick posts, that you are dead ass right, so I'll just repost your post.
While having billions of counterfeit shares in the float helps us with the squeeze it does not help us in day to day trading because there is always some paper handed mfers willing to sell
Apes, Regular Joes, or Institutions are not going to move the price up when you have Hedge Hogs[/b printing Counterfeit Shares a mile a minute. If the Federal Government doesn't do anything about these Crooks rigging the Market, Apes, Regular Joes and everyone else are going to lose their money, it's as simple as that.
Sure hope you have more patience holding AMC then you do with poor old me!
Lord Have Mercy
Yes, I would agree with you, since you do not have a margin account, I do not understand why they aren't honoring your buy order.
1 800 672 2098 this is TDA's number, if you use this # you will not be left on hold, it's a straight through line.
It's not just AMC, I think TDA sneaks into my account and ups the requirement on all companies that I own.
Here's their complete list of maintenance requirements
https://invest.ameritrade.com/cgi-bin/apps/u/MarginReq?filter=A
TDA requirement for AMC is 100% maintenance, back off on what you want to buy and your order will go through.
I know it sucks, but it's their game, so they can make up the rules.
I wouldn't bet that BlackRock is Parking shares for Citadel, it would explain some of this Fu@kery. Right now it looks like Citadel are damn fools, however, they aren't. They have a plan. We just don't know it.
BB, you have said that BlackRock is Citadel's banker, they clearly do not want to see Citadel go under, nor lose their business. IMO, Citadel sells cheap counterfeit shares, drops the S/P at the start of trading which allows BlackRock to buy and Park the shares all day.
The printing press was working pre market, to boot!
Stock parking is the illegal practice of selling shares to another party with the understanding that the original owner will buy them back after a short time. The goal of stock parking is to conceal a stock's real ownership while maintaining the appearance of regulatory compliance.
AMC’s stock price is detached from reality and its CEO loves it
Adam Aron AMC Entertainment CEO
Reuters/Mario Anzuoni
AMC CEO Adam Aron, or "Silverback," as he's affectionately known among his supporters.
Adam Epstein
By Adam Epstein
Entertainment reporter
44 minutes ago
Many CEOs of major companies are not active on Twitter—if they use social media at all. Adam Aron, the CEO of AMC Entertainment, however, has not only rejoined Twitter after a long hiatus, but has also become a meme lord.
Retail investors on Reddit continue to pump up the stock price of the move theater chain, and now Aron is publicly declaring his allegiance to those millions of shareholders. “They own AMC,” Aron said on an earnings call last week. “We work for them. I work for them.”
AMC’s stock has jumped 66% to more than $14 in the last week—its longest streak of growth in three years. Traders on the r/wallstreetbets subreddit are in the midst of yet another round of buying up the once-troubled stock in order to force the short sellers who bet on its demise to cover their losses. These Reddit investors, who call themselves “apes,” (based on the “apes together strong” line from the Planet of the Apes franchise), have now given Aron the nickname of “Silverback.” The first line of the CEO’s Wikipedia entry reflects his new title.
The newfound frenzy surrounding AMC encouraged Aron, who’s been the company’s CEO since 2015, to get back on social media and welcome the madness. After not tweeting since June of 2020, Aron returned to Twitter in April and now tweets almost every day, usually with messages of support to the apes. If he’s not retweeting anonymous investors, he’s surfacing their memes or thanking them for their campaign to #SaveAMC.
3 million investor “apes” strong
On the company’s earnings call, Aron revealed AMC had more than 3 million individual shareholders who owned more than 80% of its 450 million shares as of March 11. AMC postponed its annual shareholder event to July specifically “so that we could give our current investors the opportunity to make their important voices heard,” Aron said.
“Just go on Twitter, just go on Reddit, just go on YouTube, read what these people write. They love AMC…I love the idea that we have a compassionate, committed, enthusiastic shareholder base,” Aron added. Aron donated $50,000 to the Dian Fossey Gorilla Fund, a charity that protects endangered gorillas—a sum AMC matched, he said.
Wall Street is not as smitten with AMC as Aron and the apes. The consensus stock price target for AMC is only $4. Some analysts argue it’s worth even less than that. Even before the pandemic, AMC was struggling to attract moviegoers at the same rates it was used to due to consumption habits shifting away from the theater and toward internet platforms. Covid-19 then forced the chain to temporarily close its 1,000 theaters—most of which have since reopened, but with limited capacity (and, thus, limited revenue).
AMC also still has a mountain of debt (more than $5 billion) and continues to bleed cash as consumers remain hesitant to return theaters en masse. Aron said AMC has enough cash on hand to stay liquid until 2022, but it badly needs a rejuvenated global film market in order to pay off more of its debt and hit revenue targets.
The apes have helped—AMC’s surging stock price allowed Silver Lake Partners, a private equity firm to which AMC is indebted, to convert $700 million in corporate bonds into AMC stock. But it’s unclear how much more they can materially impact AMC’s finances. The best way for the apes to support AMC and their “Silverback” leader might be to actually go see a movie in a theater.
Did you listen to Henry Ji investor's update within the past year?
I liked what he said, however, he came right out and told everyone that if you believe your going to get rich quick with SRNE, you're mistaking.
The following day, SRNE sold off. Perhaps, this update was two years ago, like many biotech companies, Covid slowed down many other studies, SRNE IMO, is a cancer play.
You're kidding, right?
No, it couldn't hold 15 after hours but the offer was not retail, someone was dumping huge amounts of stock, no doubt brand new counterfeit shares.
Lets see how this plays out, I bought my one share
Filled Buy 1 AMC Limit 14.31 09:00:19 05/18/21
IMO, that's why that dude showed up here laughing at us buying one share at a time, yup, retail might acquire a lot of shares buying in small lots, but you move the market by offering large batches of freshly printed counterfeit shares at low asks, which is going on right now.
We need a whale to buy all of the ask in one bite.
Furthermore, it looks to me that machines are working before the Market is open, that's suppose to be illegal, too.
Another reason not to have any confidence that anything is going to get cleaned up.
I know that some here do, but I personally can not understand how you can have confidence that these counterfeits are going to get taken care of when they keep printing them.
Do you see the OCTBB and NSDQ shares, well IMO, they are freshly printed counterfeit shares that are holding AMC under 15.00, I believe they are going to need to print like crazy or we'll blow right past 15 once we open.
They are working hard right now, digging and digging a bigger hole for themselves!
JMO
My goal is not to go into margin, but sometimes it's wise to break the rule, but in general, I agree with you on that point.
Ameritrade will not let you sell naked puts without having a Margin account.
I can't believe I had never heard of any of this, many thanks!
I can also easily qualify with making the trade amount, however, it appears that you can't hold anything longer than 31 days.
That can get messy. I believe you could get around the 31 day rule by having two different accounts, certainly you'd be getting around the wash sale by using two accounts, that's why I said it might be a bit messy.
I also sent my accountant that link, great information, thanks
I didn't mind seeing Dino showing up in his fancy ride, myself!
Roll, I have been listening to you about both AMC/GME, do you think the correlation is due to HF creating counterfeit shares?
Weird, no matter what's causing it.
I watched a couple of Lou's videos, he's pretty funny and I can tell you what he'd say about this article. I'd say it, but my post might get deleted and it's good to know what the Secret Police is doing to crush AMC.
Hollywood is all about going big, streaming isn't going big, this article is one man's opinion, and he's wrong!
AMC is in 'secular decline' as Disney and other studios bypass movie theaters: veteran analyst
Julie Hyman
Julie Hyman·Anchor
Fri, May 14, 2021, 4:04 PM
Shares of AMC and other theater chains popped after Disney said its film production schedule is heating up. But the shrinking exclusivity window for new releases means the industry is in "secular decline," says one veteran media analyst.
Disney, along with its earnings, announced that two films, "Free Guy" and “Shang-Chi and the Legend of the Ten Rings," will play only in theaters for 45 days before being available to stream. "Black Widow" and "Jungle Cruise" will have a simultaneous release in theaters and on Disney+, where subscribers can watch it for $30. Both are still a significant change from the three-month exclusivity window that used to benefit theaters.
"There's going to be a lot of movies where you just say, I'll wait and see it at home, and the movie theater business economically, it means they're gonna make less money," said Rich Greenfield, partner at LightShed Partners, in an interview with Yahoo Finance Live. "This is one of the reasons we have a 'sell' rating on AMC."
AMC is one of the so-called meme stocks heavily favored by Reddit traders. The shares have risen more than 500% this year, with #AMCSqueeze trending on Twitter earlier this week. AMC also said this week it had raised $428 million in a stock offering. In December, the theater chain's CEO warned it was running out of cash, before raising enough in January to declare bankruptcy "off the table."
Greenfield isn't impressed.
"I know that the Reddit and Wall Street Bets mob is continuing to buy the stock like there's no tomorrow. But the reality is, the fundamental business is changing. AMC is now dramatically more expensive than the stock was pre-pandemic," he said. From the stock multiple, "you would think the movie theater business is the best business you've ever seen. In fact, it's in secular decline, and the secular decline is getting worse because studios like Disney are realizing you need to get movies sooner to streaming like Disney+ to drive subs."
Greenfield also isn't alone. Of the eight Wall Street analysts who cover the stock, there's only one Buy rating, four Holds and three Sells.
Domestic box office receipts may reach $4.2 billion this year, according to Box Office Pro data cited by Bloomberg, with the bulk coming in the second half. That's down from $11.3 billion in 2019, and a record $11.9 billion in 2018.
Julie Hyman is the co-anchor of Yahoo Finance Live, weekdays 9am-11am ET.
Read the latest financial and business news from Yahoo Finance
The hole keeps getting bigger and bigger
203,708,812 volume at close
Patience is our only friend, and in the End...........
AMC Stock Is Up. There's Pent-Up Demand for Moviegoing. -- Barrons.com
1:58 pm ET May 14, 2021 (Dow Jones) Print
By Connor Smith
Shares of AMC Entertainment Holdings continued their recent run on Friday after an analyst at B. Riley Securities upped his price target on the movie theater stock.
B. Riley analyst Eric Wold reiterated a Buy rating for AMC stock (ticker: AMC) and raised his price target to $16 from $13 in a note on Friday. AMC shares, which rose nearly 24% on Thursday, were up another 4.2% to $13.30 in Friday afternoon trading.
The company said Thursday it raised $428 million from selling 43 million shares through an at-the-market stock sell program that was launched on April 29. Wold wrote that the equity program brings the total amount the company has raised since September to nearly $1.3 billion.
"With the average price of this latest raise being roughly 3.4x the average for all the other equity raises, we are positive on the decision to take advantage of the recent stock price to potentially bring further strategic moves around the balance sheet into play," Wold wrote.
The company's shares exploded in January after retail traders posting in online forums made headlines by betting on highly shorted stocks like GameStop. AMC has been among the more popular names on Reddit's WallStreetBets forum. Such new investors garnered a shoutout from AMC CEO Adam Aron during last week's earnings call.
Wold argued that after the latest raise, liquidity shouldn't be a conern in the near-term. He points to pent-up demand for moviegoing, a strong blockbuster-filled film slate, and updated distribution agreements with studios will all benefit the company's U.S. operations. He thinks industrywide attendance can return to pre-pandemic levels by 2023.
Write to Connor Smith at connor.smith@barrons.com
Great post, don't give up writing to them, there's no downside! Fully agree with you that AMC is cheap on it's own merits, this squeeze is like getting free candy at the movies.
The truth has a way of leaking out, plus, a container can only hold so much pressure, then it blows.
Patience, my friend
Yes, we did start in the 9's and did have a hell of a week, people just believed that Gensler was going to stop the naked shorting, he didn't. It slowed down for a day, that's it.
AMC's run was due to people going back to the movies, buying over priced pop corn. Once people are trading real shares, we'll get our run. I'm not even talking about when HF's are forced to buy back fake shares. If Gensler grows a set of balls, we'll get our squeeze.
If Gensler doesn't, he's going to be the fall guy when the chit hits the fan!
No doubt, but I'd classified this week as seeing some Wild Shit, too!
We only buy one share so we can keep getting our stimulus checks.
Doesn't work that way, these HF managers pay people off, then they do what they want to. Tell me that they aren't using machines this morning, doing so is illegal.
It's in your face!
I was watching Level II, I saw that, I just knew it wasn't true for Gensler said just last week, that federal securities law will be enforced.
If the Fed did loan money to shore up the HF, Gensler is getting set up to take the fall and look like a chump, not a Chimp; but when the chit hits the fan, Gensler will go ape ass crazy!
I didn't say I thought we'd see it, what I said was, if we did, we'd see that the government had cleaned up it's act for certainly, laws of the land have been broken, so we should see HF managers taken out in cuffs; but only one banker did jail time for the 2008 bank crisis.
Without people going to prison, nothing is stopped. There will just be a new AMC for Hedge Hogs to short.
Silver Futures 27.370 up 0.311 5/14/2021 7:49AM
I bet someone still knocks AG down at the open
It felt good, I'm going to get me one more share, maybe two!
I honestly couldn't believe that someone would come to our board and make fun of us, he has to be the life of the party!
It's simple why they will buy at 500 a share and higher,
Daniel Drew is famously credited with an expression that describes the nature of short selling: "He who sells what isn't his'n, must buy it back or go to pris'n."
I do not recall the nut job name that called retailers a bunch of one share buying jerks that think they matter; but I joined those ranks today.
Filled Buy 1 AMC Limit 13.20 07:26:09 05/14/21
Of course, I'd love to see a squeeze, but better still would be criminal conspiracy charges against everybody involved in selling these Air Shares. Watching Cheats in Suits marched off in cuffs on the nightly news would be great, it would also spark the squeeze.
Wall Street pays fines, while not admitting guilt, that needs to change, criminal conspiracy charges needs to happen, by not doing so only shows the American people just how corrupt the government is.
Apes already know how bad the government is, we've been given rotten bananas for years
They destroyed their credibility a long time ago, they write articles for HF's that pay them. What they need is a name change, Real Fools.
Everyone has heard of the VW short squeeze of 2008, we'll be able to tell our grandchildren we were part of the Great AMC short squeeze of 2021.