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5 day chart, doesn't mean a whole lot.
What are you trying to convey to us with this chart?
Excellent job on warning people. I agree and think with the way yesterday's chart ended they will shock drop it to the gap and even lower to try and induce a mass exodus. Everyone should be long and stay strong, cause we're are about to get the shrimpin' on. Per Tone Loc.
I haven't been here in a while. Just checking in. Everybody sold this crap right? And all just post for continuation of conversation?
Someone check the trade stats. We're there more buys or sells today? Cause it's 45 mins to close and almost back to even. I want to know how many people got suckered in.
Wishing I had sold my last 9k shares at the high of today... Never going to see that price again.
I'm not a member, but as an shareholder I do check user threads daily for a pulse check on MP. Today there were multiple hreads regarding complete unavailability of any movies through out the whole day. Just again, for what it's worth. Or in the case of MP, what it's apparently not worth. End of the month, MP is out of money.
Per the statment made by Ted at the annual shareholder meeting. If the "select" plan is still the favored plan this would lead to a lowered profit potential because it is the lowest priced (currently deeply discounted) plan. As this is the plan that has curated movie options which tend to be a complaint generator. I see a replay of last year's business failures. And to think MP restricts it subscribers from seeing the same movie twice. Apparently if your a shareholder we are forced to see the same movie again. Probably a R/S sequel as well...
This title was the additional reads link at the end of the aricle...
"MoviePass got rid of a consultant accused on inappropriate behavior towards women after executives threatened to quit. His quiet return has shaken the company."
This company has so much crap smeared all over it.
They are setting up the Domino's, getting ready to knock em down.
No PR for the shareholders that didn't go to the meeting. I wonder why they don't want to go on the record with minutes from the meeting? I also was wondering about the statment that we will receive a filing within 4 days. What would the reason for a filing to be released in that timeframe. If it was regarding the shareholder meeting we would have seen it today. It's a filing that is to follow a board member meeting. Beware of some stank news on the first day of trading 2019.
Test is a sociopath, he can say anything to anyone.
"thanks for not throwing tomatos" the comment Ted made to Hvp. It's a dead giveaway. Why would a CEO need to connect with a retail on an empathetic level, no reason. No hard answers were given. No let down responses were stated. The story is all cheer and sunshine. Tits for tats, literally. Given out soft smooth cushy answers to those hoping and willing to endulge in the lies. Go ahead listen to the words and not the actions. Not convinced and others should learn to be leary. Its not where they trade so much as it is the price they trade at. No institutions are willing to be embarrassed by having this in their portfolio nor are MMs willing to lose their jobs for holding it either. They have reputations and need to keep them untarnished to maintain customer respect. HMNY shouldn't have had to reassure it's shareholders if they were doing their jobs right. Also, what was the meeting? All of an hour long. An hour is a short act to give for the situation they are in. 99.9% loss of share value, 1 lousy hour and some walked out "reassured". It give a lower value of credibility on the board.
Just put a hold on share sales to generate a bit of price e momentum. It's just a fund raiser for the upcoming weekend and holiday movie costs. Don't get your hopes up. Perhaps today will look green, but it's just rigging for a slide trap.
It's going to be a hard touch down today and the landing gear is stuck. Not going to be much control to this today. I bed we slide right off the strip. Par gets closer and closer
I agree. Again I don't have first hand account of this just a Reddit thread relay. There were multiple accounts of the delay in delivery of the activation code. People who claim to have called customer support lines have been told it was a "known issue and was related to developer problems". Which is a common MP excuse. Have to wait it out and see what happens.
85% of subs have a hard time being allowed to use the service more than 1 movie a month if at all.
Can still occur? I think it's their business plan structure in order for '19 to a T
Grinch postal address:
Helios & Matheson Suite
Empire State Building
350 5 th Avenue
New York, New York 10118
Stated reports of individuals who have signed up under the Christmas promo that their activation code which was guaranteed to be delivered by Dec 24th have yet to receive their code. Customer service states that it is due to high request volume. Just filling the board in. Take it for what you want.
Merry Christmas! Bear or Bull may we all come out ahead!
The only people buying HMNY are stock masochists.
Individuals have been testing the reality of plausable service based upon GPS location and have discovered that your GPS location impacts the opportunity to utilize the service as you get closer to the theater location. I don't believe that this is a proper delivery of services and my personal opinion is that the service will be shutdown, investigated and executives will be prosecuted. They will not be allowed to play a street cups hussle. I'm staying further away than "barge pole" range. If it gets proven that these tactics are being used, they will be shutdown and shares will be worth zilch. Won't matter what exchange it's traded on.
Have to find those willing to buy it in order to short it...
You are about to meet a few more..
The day before Christmas Holidays and HMNY is going to reach it's lowest historical price. Wow, F@#! you HMNY.
Perhaps the iBox could be updated to more accurately reflect the current standing of the company...
I have always thought his reference to "investment community" was odd. MP is a proxy within HMNY. So HMNY is the investment community. Not sure why he potentially is referencing the HMNY shareholders where as he is affiliated with MP. Just seems as though he is obliging outside of his jurisdiction to appease potential other future interested parties.
Infringement case has a scheduling conference set for Feb 11th.
I was trying to determine if the new plan subs riptions would base from '19 because that is when the plan begin or if they would be revenue for '18?
I was just wondering if there was a way for MP product to squirm out of the HMNY circumstance and crawl into the newly formed shell.
Also sometimes I wonder with Ted's reputation if he wasn't purposed to utilize the HMNY organization to gestate the MP parasite long enough to mature and then birth itself. Then abandon the spent HMNY. Ted American, Mitch American, HMNY reorganized from a East Indian organization. What if Ted's job was to just be the scar'd face tough enough to deal with the public shame that would ensue. I mean who in the world really cares if HMNY fails?
Perhaps no choice but to go that route. Would the newly formed MPE be able to purchase the equity from HMNY if they file chapter 11?
In a world where the pps has a basic possibility of incrimenting within units of .0001, am I the only one that thinks it anomolous that the price ends the day with 0 variance. I have voiced my theory to some and in my opinion this supports said theory.
I know it's early, but I vote this as funniest post of the day!
It would work that way wouldn't it? With Ted as CEO of HMNY owning majority of the MP with Mitch as CEO. I have thoughts that Mitch would now prefer to have freedom from HMNY and was perhaps using HMNY as mearly a financial crutch to get to a point where he could find a way to separate MP off. Mitch was the influence to change the subscription price to a unsustainable price point only for brand publicity and subscriber growth to the burden of HMNY. Seems as though the proxy doesn't align with Mitch's future intentions for MP.
I'm guessing an AG probe would render a reported determination in months where as a lawsuit would take years to produce a judgment. Unless HMNY decides to settle litigations before trial. But I'm only guessing.
I am curious if enough votes against Ted and his board position would be enough to leave to him being dethroned from CEO. Although I don't see I doing much for the overall actions/intentions of HMNY. It's history is plauged by improper business practices. Ted is just the fugly face punching bag to absorb public negative attention. The whole outfit is a dirt skank in nice clothing.
I do suppose that if a R/S was ratified by the shareholders that would indicate to the SEC that the investors favor dilution as opposed to de-list. SEC would perhaps allow extension to allow the opportunity to determine a final opinion on the R/S proposal. Unfair of HMNY to back it's shareholders into a corner to force them to favor it's intentions.
Also despite the fact that notes cannot be converted by the noteholder. It does allow freedom of HMNY to distribute those shares. The A/S of 5B is really the problem. HMNY has only acted and stated as to the intent of further funding via dilution.
I noticed that also. Perhaps they didn't update their document to reflect that update of the stance of the notes. But it also made me worry about the validity of the claims made by HMNY towards the truthful status of those notes.