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According to CNBC, AMC at this PPS cannot create income to support these prices because of decline in attendance. Eventually reality will set in. (MEANING 500 MILLION more SHARES being ISSUED, possibly voted on this coming week.)
We Shall See. Let's see who wants to take that chance, AMC Board is meeting next week for vote.
FASTMONEY reported tonite(Between 5-6 PM)that Amc next week will Issue 500,000.000 more shares. How do you spell Dilution? That will be an even 1 Billion Issued. Selloff coming according to CNBC. Please check for youselves.
Check CNBC between 4:00-4:30. You only hear what you want to hear.
CNBC Showed Chart of AMC at about 4:15 today, they showed what the real value was per share($5-$10)and where it was at because of Retail Investors($19). They said when things settle there will be lots of Retail investors losing a lot of money, and Shorting winning only because of the future of Movie Theatres.
Downgrade was on TDAmeritrade Newswire at 8:50 this morning. I forgot Retail Investors(Robinhood) don't get updates till next day.
Momentum will eventually subside, it's a matter of time. Eventually Investors will say, Why am I in this, It was Downgraded this Morning at 8:50 AM.
I guess $20-$30 is the new great jump for retail buyers. I thought it would be $300-$500 like GME. This is Peanuts!!!!!!!
DOWNGRADE at 7:50 this morning. Check News Releases. Anyone know Why this is going up on a downgrade? I believe SHORTS are shorting at these Prices to get more Profit. Retailors are helping SHORTS.
No Retail buyer will get rich with this. They have to buy more than 1 share at a time.
With Netflix, Who is going to a Theatre. Blockbuster went down the same way.
Hope this goes to at least $20 for everyones sake because there will be a Ton of Disappointment if this is it($13-$15). It'll cost at least $40 for 2 people to see a movie with refreshments.
1/2 BILLION Shares are issued for this, GME only had 50 million Issued. That is why this(AMC) will not rise(PPS) like GME did. You will see. Too many Shares are Available.
20% of Float is Short. Shorts will not start to worry till this someday goes into the $20's(Maybe). Right now this PPS @ $13-$15 is too low for a short squeeze. Difference is GME went up in a couple of days, and this is going to take a long time and won't come close to GME PPS.
20% of Float is Shorted. Shorts are not panicking because they know PPS will not leave this range, looks like highest this will go is only $13-$15. Major disappointment for Retailors.
But if Shares are being traded for LLBO on open OTC, Aren't SEC rules still in effect? That means all CEO's of Penny Stock Companies Could let disclosures lapse and unload their shares without investors knowing. That would be illegal.
Holmes would be in a lot of trouble if he unloaded his 180 mill. shares without disclosure. CEO's and management have to do an SEC Disclosure for everyone to see, meaning all Shareholders would have to know.
I don't think Holmes really has a choice. He would not be able to do anything with his 180 mill. shares if this lapses. This may be a miracle in disguise. He is probably working on it as we speak. I doubt he will fix it last minute near the 9/28/21 date.
Retail Investors, You also can Short this. Do it while it still has a little value. The run is over.
Anyone who Holds will only watch their money go down the sink. Take what you can and run. $3 is coming.
Maybe time for Retail Investors to start SHORTING(AMC certainly isn't going up.) This could easily go back to $3-5 a share.
If LLBO becomes Current, would PPS explode again like it has the last couple of times? It may show Holmes is serious about getting this to market.
Half Billion Shares issued, that is why even with Short Squeeze this stock will not explode like GME(50 million issued). Avg. PPS will be between $1 to $14. That's it Folks.
Won't that effect Holmes also and his 180 million shares? This may push him to become CURRENT. Yes or No.
But what happens to the shares(LLBO) that you have in ETrade? Can you sell after 9/28/21, or should you pull them out and reinvest somewhere else. And what happens if other companies (TDAmeritrade) do the same?
The exodus may happen very soon. We'll notice when PPS drops quickly below .0010.
There could be exodus of LLBO Investors in Etrade if not brought up to date by 9/28/21. Someone should contact JH and let him know about ramifications of not updating.
Is that just Etrade, what about TDAmeritrade?
Too many Shares issued already,(1/2 Billion), for this to go higher. Difference with GME squeeze was they only had 50 million Shares issued. Check it out.
Was that a lie about Etrade?
Tesla is supposed to be the next Short Squeeze, Let's see if Retail Investors buy 1 Share at a time @ $500-$600 a share. I don't think so!
HALF A BILLION Shares Issued.(Far too many) This will never take off like GME, GME only had 75 Mill. issued.
This is a $3 stock. Anyone buying now are going to take a massive loss. Movie Theatres are dying. Theatres are lucky if there are 10 people in the theatre for movies.
Wow, What a squeeze today. Up .14cents. Going down quickly . Thought retailors said it was going to $15 today. Not so confident now are we.
Keep dreaming Jus, That's a $6 dollar profit for most Retailors purchasing 1 share. Why bother. This will be lucky to hit $14-$15 in a month. Retail buyers want profit now.
There will be no large profits by Retailors at this pace. Shorts will prevail. New Price Target is $3. Good Luck.
I am talking about 1 share purchases by Retailors for $12 and they make a $1 profit. Why?
Lot's of retailors bought 1 share today to help bring PPS up a little bit. Think about how much they made, $1-$2 dollars a share. I guess they call that a victory.
Arn, Does that mean before years end? Or are we going to go to another year again.
If that was the squeeze, You are all in trouble. Remember what happened to Blockbuster. This stock is still pennies.