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It's better than not trying and burning 20mil a month
Didn't like the new plans?
New plans are goid but I like this statement a lot
As those plans are being hatched, Lowe said MoviePass has opted not to take on any more funding from Helios.
“We know this is going to take a long time, but from a financial standpoint, from a team standpoint, we’re committed to taking the long-haul marathon approach,” he said. “Our big goal over the last few months was to not put a drain on Helios’ funding.”
Why not reply to him in twitter or stock twit? @bvisse
Taken from @moviepass twitter
Hi there, we appreciate your interest with our gift subscription. We're finalizing the details of it. Rest assured that all of our valued customers will be informed once it is available. For more updates, you may visit our website at https://t.co/UAhAy9N4G0
Normally updates 5pm eastern. So way behind. I think we get a MP news release before the market open to clarify ( good or bad)
well said Sir
How are they tied in?
I wonder if they will be the saviour of MP, would fit nicely with their Indie film company
https://www.hollywoodreporter.com/amp/news/landmark-theatres-sells-cohen-media-group-1166268
few thousand..really. nice speculation..haha
please elaborate? your speculation? (sounds familiar)
New subscription plans coming today or tomorrow.
https://www.reddit.com/r/MoviePassClub/comments/a2v9p1/annual_account_deactivated_without_warning_new/
zzzzzzzz both of you
I never post anything fake, just my views and information that I believe to be true.
In my view MP has turned the corner already and will be profitable next Q. This isn't me pumping, it's me affirming to myself what I believe.
To be honest if anyone buys or sells a stock based off something they read on here they must be mad. Do your own DD and use IH as a tool for discussion and debate.
My point on your negative views is why own the stock now. Why not come back and buy when they have new management or the business has turned around.
I understand what you wrote, just don't think it would work for MP Subs.
they want your shares CHEAP
Just ignore or mute if you can
it's not 3 per day, it's 3 per month
they tried 1 per day and the utilisation was too high, they could do it again but would have to pull movies super early which would push more customers away.
Their curated list of movies also controls utilisation. See below for what is showing today and the number of theatres they are in. Only one movie is a big release, the rest only showing in a small numbers of theatres. This is why a lot of users don't get any options as they don't live near a theatre showing indy films.
This is KEY information if you want to stay long
Friday 30th
At Eternity's Gate 31*
Border 73
Chef Flynn 9*
Instant Family 3,376
Searching For Ingmar Bergman 5*
Shoplifters 5*
The Favourite 34
Wildlife 69
They are already doing this with their current business plan. Once the daily cap of funds has been used movies are pulled. MP is definitely going to be cash flow neutral, the question is can they keep enough subs.
As of the proxy 26sep18 only Hudson owned more than 5% (9.99% at the time which is the max they can ever own)
If there any more 5% ownership they would have had to register it
2mins to search
In mid-2003, Priceline.com (NASDAQ:BKNG) did a 1-for-6 reverse stock split, lifting its stock price from around $3.50 per share to $22, as many investors believed that the William Shatner-led Internet travel service would fade away with so many other dot-com companies. Now, 12 years later, the stock trades above $1,200 per share, giving long-term investors a 50-bagger with room to spare.
In 2000, Laboratory Corp. of America (NYSE:LH) did a 1-for-10 reverse split after having seen its stock stuck in single digits for more than five years. Within two years of the reverse split, LabCorp had not only recovered, but it had also done two separate 2-for-1 regular splits, and the stock now trades for six times its split-adjusted price immediately after the reverse split.
Corrections Corp. of America (NYSE:CXW) traded as low as $0.60 per share in 2001 before reverse-splitting 1-for-10. Since then, the private prison-services provider has seen its stock jump more than tenfold, with two regular splits helping to drive the company's total return higher.
The last R/S split was a disaster. It doesn't mean the next one will be, there are plenty of examples of companies that have R/S and the share price went up.
I voted no for the 1st R/S and the last one. However, if HMNY came back with a pre - agreed R/S ratio and a business plan showing profitibility then I would vote Yes.
I also brought pre-split.
I put that experience behind me and look at the company in it's current state.
Sinemia charging $15 for physical cards now. MP lawsuit settled or hedging in case they lose?
ditto my friend
you need to let go of the past, I feel for you if you held shares pre split but part of a start up company is finding a business model that works.
Of course hindsight is a wonderful thing and money has been wasted getting and losing customers.
What would you done 2 months ago when funds nearly ran out, continued and ran the company into the ground with the same business model or would you have tried something different? MP original worked on the premise that the .avg US user went to the cinema 4 times a year, of course that is true, until you give them a card that lets them go unlimited times.
You continue to be the most negative person who is long a stock I've ever come across - it's comical
what's your entry, target and stop?
we will see, feel free to short the stock if you think the business isn't going to survive. Hell I'll even lend you my shares
you should read the reddit feeds on film access. It's being limited on membership type and usage.
I'm seeing a lot less complaints on all forms of media so I'd say a lot of the heavy users have gone and MP is finding the right balance with their curated list of movies.
I'm not denying what happened to the share price, and as mentioned previously, it was a direct result of a business model that failed.
You're entitled to your opinion and if you have the balls feel free to short the stock. Let's check back in the New Year to see where we both are.
The old business model is what wiped out so many shareholders. What do you expect them to do if they can't get the theaters to play ball with kick backs?
They have adapted and are trying a new business model which might just work and make it sustainable. So what if it's not the same company it used to be. You think Netflix, Apple, Amazon haven't changed their business model in 20 years?
What do you think is wrong with the movie selection? Might not float your boat but there are lots of fans of indie films. If you want blockbusters then AMC should be your choice.
50% of users might not even know there is a disruption if they haven't tried to use it.
What are people's views on the impact of Nasdaq agreeing an 180 extension. Wouldn't it imply that HMNY have a business model/plan to get the share price closer to $1 for a reverse split?
Can you kindly post the content of the article as I can't view as based in the UK.
Thanks
why no 5% ownership if big money is accumulating ?
Well we know who to believe now...hope you closed your short
yes that's a great point, look forwards not backwards.
they aren't burning net $20 million a month
What about the $20 odd million loan they already received..that not count for funding???