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So was it shorting or dilution two different things
How can shorts dump enough shares to drop it 70 plus points? Also the short interest is in the hundreds of percent. Something isn’t right.
What happened here how did it drop 80 points in a one day?
I’m in
I’m sorry but that is wrong. If you assume that everything he is doing has closed in terms of deals then enough people would be in the know that this stock would not be at 16 cents. If we were right around the corner to an announcement this would be trading at maybe a 30 percent discount to the price post announcement. At 16 cents it means that there’s nothing on the horizon. You would see people picking at this on the ask. You don’t see that. This is trading lower than when I got in this nearly a year ago.
Ok so that makes sense to me.
Why go with him though? Why not a gas company. He’ll have to build an entire team to actually get it done. The logistics of that are enormous. It’s seems like a risky bet all around going with him. It’s doesn’t make any sense. Explain the theory behind why it’s smart for the Mexicans to deal with him and not a gas company.
Maybe it has but as we all know posts on IHUB don’t mean a hill of beans when it comes to stock price. Unless there has been PR released that says he has contracts signed giving him rights then it’s all hearsay. Maybe that exists I haven’t seen it.
Why would anyone give contracts and rights to what is apparently a one man show? Why not go with more established gas companies?
Let me ask this question. How do you actually know he has secured anything? I hear people talk about what he has secured but how does anyone know that for sure?
This is totally nuts - no info and second quarter in a row where the stock can’t be bought through some platforms because he didn’t go to HR Block on time. His form is simpler than that if an Uber driver.
It’s a shakeout and it’s working. I’m adding every point it drops
Not sure what people can’t believe when there has been no communication from the company in a year and they have been consistently late on their filings. There is no catalyst to buy at all. Hope is not a strategy.
Are you saying you’re trading it now or holding still?
This looks remarkably like last Friday almost same exact pattern.
I disagree I think this gaps up Monday morning in a big way. They shorted an enormous amount today to keep this from wiping them out through call exercise. They basically had to balance which wound would bleed more.
I’m telling you that something is up and it will be a positive.
Let’s give this a cool name. Throw a French word in there. The Battle of Soixante. The carnage was mind blowing. I’m a changed man.
This is going higher. They want you to think they are bringing it below 60 but they aren’t gonna close there. It’s closing at the high.
It’s possible the simply don’t have the ability to bring this down. They may be so over extended that they simply can’t
They probably shorted the stock up much higher knowing they would have the shares to cover.
Stock closed at 60.73 what are you taking about? You’re looking at AH price means nothing
A lot of buying at .0014 at end of day. There something going on. I think it’s good. Just my gut.
For them to knock it back to 60.73 took them a lot of ammo. Tomorrow is going to be interesting to say the least.
In my opinion the HF should just out out a tender offer for the company at like 90 right now. It will save them a bunch of money and at least they'll have an asset.
The fact that there is no volume today is also odd after days of 100m plus. Something is up.
It's not clear to me what i accurate. The fact that the CEO came out and denied the filing seems to me very strange. Let's say 10B is authorized - ok that's dilution but I beleive itwil be for a good reason so far undisclosed. Diluting like 5 to 1 seems overboard when they can simly keep amending and diluting in smaller increments without dispruption as much. That's why i think something is up that will be a positive.
It’s not too late to buy. It’s going higher. By in small increments on dips.
Dude it’s never going to 2 dollars ever. It’s impossible. This stock may never see 30 again.
2 million shares shorted today most of it below current price. Retail shorts are gonna cover near end of day forcing this higher.
None of that matters. This stock right now is running like a crypto asset like Bitcoin. It’s simply a store of value and works on supply me demand. It’s totally disconnected to AMC at this point. This will stay elevated for a very long time like GameStop.
That means buy more
My gut could be wrong but I think there is something on the positive around this.
I’m not sure why any of the filings cause any alarm. The sec filing was an extension of the original filing as required. The state filing has no impact until the stock gets to a market cap 5 times higher than it currently is. What am I missing? Going dark doesn’t mean anything. The CEO is not supposed to respond to questions like this.
What are you seeing here that makes you think that?
No - they didn’t authorize shares at a value that has any impact whatsoever until it’s over .01. They belief was that they authorized a substantive amount of shares at .001 which is not the case.
The 30 billion is at a par value of .01 not .001. That’s 5 times higher than current price.
The shorts blew their load early and used up all the availability practically. Not a lot of ammo left. This explodes higher.
Retail shorts are going to get burned today. When they see availability they like to ‘experiment’ with a short. That’s when they get their ass handed to them