Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Combined salaries and bonuses of less than $1 Million for the 3 top executives Mark, Scott and the CFO, is not out of line, given the magnitude of this project and the expertise required, IMO.
LMAO! So, now HYMC is somehow a "subsidiary" of AMC? More accurate to state that AMC invested around $28 Million in grossly overvalued shares of HYMC, and that, even after the recent bump in HYMC's share price, Adam Aaron and AMC are currently (-73%) on that ill-fated investment in HYMC, which recently again confirmed that it has had no mining operations whatsoever since 2021, and that it had no revenue whatsoever for calendar years 2022 and 2023. SMFH
LOL! Please advise on how and where I should expect to recover my proceeds for a bet. TIA
LMAO! I believe Jim Sims used to monitor this Board a bit, but not now. Too much nonsensical Bullshit spewed here any more, and he and the other execs. have far more important things to spend their time on.
Ahhhhh......Techmet back in the picture and discussion again bubbling near the surface. Techmet's Founder, Chairman and CEO, Brian Menell, was a presenter at the recent SAFE conference in Washington, DC, where Mark Smith also was a key figure in the conference. Someone should have asked Mr. Menell if, back in late 2019, he told Mark Smith or anyone else connected with NioCorp if a major funding deal was "imminent," although I am certain he would not have answered the question.
HYMC has now somehow struggled back up to trade on a pre-Reverse Split basis in the low .30's, right where it was languishing before Adam Aaron and AMC made their ill-fated $28 Million investment in HYMC at a share price of $1.198, which now equates with $11.98 post-RS.
Ken Griffen is a very real person, but what is imagined/imaginary is the notion that Ken Griffin somehow gives a rat's ass about, or has anything to do with struggling tickers GME or AMC.
True. But only for those smart enough to sell before the next further big collapse and not play that stupid HODL game most ignorant retail investors play with these "meme" stocks.
Or, far more likely, just smart $$$$ selling an overvalued ticker in serious financial trouble. There is nothing unlawful about that.
Bingo! Spot on factual post.
Where did you come up with that number? According to this morning's financial disclosures this entity lost (-$58 Million) last year on revenue of just $4.1 Million. Talk about grossly overvalued, but it is now supposedly a "meme stock," which is pretty much synonymous with grossly overvalued.
Charles Schwab already lists 135.45 Million shares outstanding.
I wouldn't touch this ticker for anything. Wholly aside from the politics and Presidential race, this morning's financial disclosures confirm that this entity lost (-$58 Million) last year on revenue of just $4.1 Million. Talk about grossly overvalued, but it is now supposedly a "meme stock," which is pretty much synonymous with grossly overvalued.
Bingo! You nailed it.
AA has no other choice given the debt maturities, and the fact that lenders and debt holders are getting restless and requesting meetings, etc. AA has to raise more cash to pay down debt. Too bad the APES opposed more common shares to sell in the $40 - $55 range in mid-2021, which now equates with $400 - $550 post-RS. AA could have paid off all the debt with relatively little dilution, but the APES stupidly rose up and opposed it to their own detriment and the detriment of the company.
AH, the UTRM days, back with fraudulent con artists Frank Ottaviani and Todd Spinelli and their waterless toothbrushes.
CAT closed near its ATH today. Great stuff. What a great Country!
New ATH's today and a new All-time closing high for NUE. Great stuff.
Nonsense. I just believe that The Bible is something far more special and sacred than this, and that it is not to be blasphemed in this manner.
Who said I was against Bibles? We have many in our home, and to the extent any of them have pictures, the pictures are of meaningful biblical sites, e.g. the Mount of Olives, or depictions of Christ, etc. We do not need any Bibles with pictures of Donald Trump in them, but I did see where he recently compared himself to Jesus Christ. SMH. Was just stating facts. And, I am a life-long conservative Republican and voted for Trump in both 2016 and 2020. But, just stating the facts.
Did you see Trump talking about his new Bibles? They asked him what his favorite scripture or Bible verse is, and he could not name one, but rather just stated he "loved them all." Then he was asked whether he was an "Old Testament" person and Bible reader or a "New Testament" person. He fumbled around and said equally, no preference. It was clear that he was not the least bit familiar with The Bible, other than the fact that Lee Greenwood is involved with his and gets a cut, because "God Bless the USA" is stamped on the front of each one. The fact that Trump has pictures of himself in the $59.99 Bibles is arguably blasphemous.
What Trump tax cut? Only those in the top bracket(s) and bottom bracket(s) got a tax cut. There were a number of hard working professionals and business persons, etc. in a couple of brackets who realized a significant increase in their federal income taxes due to the ridiculous $10,000 CAP on the deduction of State & Local Taxes (SALT), not to mention the elimination of the personal exemptions, as the slight reduction in the tax rate did not come anywhere near making up for the loss of the ability to deduct all state income and property taxes, automobile taxes, etc. Our CPA firm explained how this resulted in a tax increase for many, and when I asked my Republican congressman and Republican US Senator, both of whom I know quite well, they readily confirmed that there were 2 tax brackets that saw significant increases, but that someone had to pay for the corporate tax cuts and tax cuts for those at the high end, who not only saw their rate go way down, but also saw the minimum threshold for the top bracket go up to well over $600,000 in taxable income after deductions and credits.
I agree Zippy. Other than the ill-fated investment in HYMC, which hasn't had any revenue or mining operations for over 2 years, Adam Aaron deserves a lot of credit for skillfully guiding AMC through the COVID crisis and keeping the company afloat. And, AA cannot be blamed for the current debt load, huge cash outlays for debt service and resulting problems with it, as he tried to eliminate most, if not all, of AMC's debt in mid 2021 when he asked AMC shareholders for authorization to issue more common shares to sell to pay off/down the huge mountain of debt at a time when AMC shares were selling at grossly inflated share prices in the $40 - $55 range, which currently equates with $400 -$550 per share post-reverse split. A relatively small number of shares would have had to have been sold to pay off or down most or all of AMC's debt, with relatively little dilution, and AMC would be in much better shape today, without the intervening need for the APE Preferred share workaround and subsequent RS. But, back in mid-2021 when AA tried to eliminate the debt the APES fought him and campaigned hard against the issuance of any additional common shares, and the rest is history now, including the Preferred APE shares, RS, and rising crushing debt.
Hmmmmm......where did you find all of these? In the new Trump Bibles he is hawking for $59.99 each? HIs Trump Bibles apparently have pictures of himself inside rather than places of biblical interest or other key figures, e.g. Jesus Christ. Sad, but true. Between that surfacing this week and that horrible presser where DJT fumbled around in total incoherence, he is having a bad week. As a life-long conservative Republican who voted for Trump in 2016 and 2024, I cannot believe how he can continually shoot himself in the foot and look like such a bumbling idiot, just like the senile bumbling idiot on the other side of the ballot. So sad. America deserves better than either of these 2 candidates.
No. Its stock registration was officially revoked by the SEC on June 9, 2023, and these shares are delisted. i.e. worthless.
https://www.sec.gov/litigation/admin/2023/34-97676.pdf
alpha: suggest you review the last couple of 10-K's filed by HYMC with the SEC, which expressly confirm that HYMC ceased all mining operations several years ago, that they have no current mining operations, and they have not booked any revenue whatsoever for the last 2+ years. Why would HYMC lie about those things? SMH
Appears that GME softened the blow from the significantly reduced revenue by cutting jobs and other internal costs. Hardly the picture of a growing business and company.
How so? The share price is plummeting after hours due to the significant drop in revenue vs the comparable year ago quarter. Does not appear that anyone is stealing from anyone.
Ouch! Significant drop in share price after hours. Perfect example of "buy the rumor, sell the actual news"
Don't need advisors to manage a portfolio if one reads a lot and stays current in the investment world. And, knowing which tickers to avoid, as well as not playing the HODL game with failing tickers.
I do not know about any Kenny and Dougie. Just know how fortunate and blessed we have been to have amassed such incredible wealth as retail investors investing for the long term in solid quality companies and tickers. And, we have never considered shorting any ticker. Irt is so amazing that there are actually folks out there who believe the entire investing universe revolves around AMC and other meme stock tickers, e.g GME and HYMC, none of which appear to have any current positive investment thesis or prospects. SMH
That is not accurate. And every sale of shares is not a short sale. Posters here for years have claimed there is more buying than selling, when such is actually not the case, because of the color-coded charts and listings, which show trades at the Bid to buy as green and sales at the Ask (Offer to sell) in red. We know that a lot of the trades at the bid are sales into the lower Bid even though they show up in green, and trades at the Ask are buys (Ask slaps) even though they show as red. But, the notion that there is that high a percentage of trades being short sales in not accurate. Part of the misunderstandings also comes from so many not having an accurate understanding of Failures to Deliver (FTD). FTD's do not equate with short sales and never have. They are also not cumulative. The FTD's listed on any given day are just that, shares that are not delivered on the actual trade date, which in our current T+2 trading system only requires that the shares be delivered by settlement date, which is 2 days after trade date.
I respectfully disagree bio. Shorting typically only occurs on a large scale with a limited number of struggling companies and tickers which are prime targets for shorting because of their struggles and individual financial metrics, e.g. AMC's huge debt level and resulting required debt service requirements. In contrast, there are literally millions of retail investors who are not in the top .5 or 1% who have amassed incredible wealth owning stocks and investing in stocks in their 401K's and retirement accounts holding great companies and stock tickers for the long term, reinvesting all dividends, and watching their investments and nest eggs grow by investing for the long term in quality tickers, e.g. BRK.A, BRK.B, AAPL, CAT, COP, JPM, KMI, NUE, PSX, ET, XOM, PEP, UPS, PSX, to name just a few which we have held for decades, both inside and outside of retirement accounts. So, I do not agree there is anything out there that has "ruined" America's trading and investing markets.
New article out on OLB's Spinoff of DMint:
https://www.benzinga.com/content/37933899/olb-group-nasdaq-olb-preparing-for-strategic-spinoff-of-dmint-subsidiary-to-olb-shareholders
So, according to you, anyone who responds to your fictional nonsense with facts is somehow now a full-time basher? LMAO! Still waiting for the first sign of any Central Bank to show any signs that it may fail, as you have been predicting for years.
Yes indeed. NUE has been a fantastic long-term holding for us and has been enhanced through automatic reinvestment of all dividends.
Hey grunt. It could have contributed, but the $10 Million Appropriation is not really new news, other than the Bill was signed over the weekend. Anyone who follows NioCorp (NB) closely has known about that appropriation, and the involvement of Sen Fischer and Congressman Bacon, for months now. All of the days Jim Sims and the others spent in Washington, DC last year are starting to pay dividends.
Who knows? NB shares have been way oversold recently, and given the rise today on relatively low volume, probably just due to sellers going away right now.
Agree Putz. Even with NB trading at $2.68 +27 (+11.2%) on low volume in the US right now, can't get excited about recovering share prices in this range.