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.
Thanks for posting that! Great read!
Current status is what should've happened already months ago. It should've already been in "D" rating... It's pure international politics that the feet have been dragging on that one.
IMO/NFA
Wait, are you revising your 9/29 $.10 by EOY target level downward now?
Poof. There goes the shorts collateral. Lets see who and how the shorts close...
Buckled up for the ride and not going anywhere.
IMO/NFA.
Exactly. THOUSANDS of times more at times in the past year. Reeks of a problem in the system for shorts in AMC.
I agree with this guy's take, "But when a stock has a persistent pattern of huge fails to deliver, it can be a sign of naked short selling."
Especially when weighed against much, much larger companies, the perspective gets clearer. Just look at AAPL, AMZN, and MSFT for the same timeframe and it starts to show just how bad the short situation with AMC is. IMO/NFA.
Ref: tremendous.blog/2021/08/04/amc-has-35000-times-the-fails-to-deliver-of-amazon/
More up to date Ref:tremendous.blog/2022/02/
ZZZzzzzz.
Wake me when it actually gets to and holds an entire, whole, single penny...
That's probably what Bernie Madoff thought too... (former chairman of NASDAQ and founder of PFOF)
Spiderman No Way Home makes it to $1.8Billion in 60 days (vs 9 months for Avatar). But but but...nobody goes to the theaters per the SHFs FUD. The SHFs don't just want you to believe garbage, they NEED you to believe their garbage because this is an extinction-level event for them if people don't.
AMC traded in $30's range in 2017 when finances were much worse and AMC didn't have the better cash reserves or debt rates they have now. IMO AMC is being artificially suppressed in a huge way. Why's it at 22% short? (that we know of) What happens when shorts buy back in? Hmmm. I'll bet it's higher than $72.
Even a return to 2017 levels doubles current market PPS...
ref: deadline.com/2022/02/spider-man-no-way-home-avatar-domestic-box-office-record-1234933726
IMO/NFA.
IMO they better show a massive new inflow of income if they have any hope whatsoever of keeping any shareholders at all. People are done with the fluff and see right thru it now. Solving world hunger, curing cancer, world peace, wargaming tabletops, "plan to's", all don't happen without something substantial and participants to back it up in the real world. Otherwise this is heading toward a cellar boxing play and the only remaining question is if the company is complicit.
Question-How much Doge got mined?
Question-How many NFT's have sold thru interface?
Question-How many metaverse products have sold and what is the profit margin?
Question-When's launch date for space anything? Still an empty field or groundwork started? Has anything even been acquired?
Question-All this Doge involvement and not even an @ mention from Doge founders? Hmmm.
Yeah, didn't think so.
Go ahead, surprise me and prove me wrong SWRM...
IMO/NFA.
Hello $20.
IMO/NFA
7.5% inflation. Hmmm, that can't be good for maintaining short collateral...
IMO/NFA
Well, then they're winning given the indicators...
Someone will have to explain to me how a legitimate "free and fair" market can have XRT shorted 1,298.97%. An actual, non-corrupt market would not have been able to sell 25,330,000 shares when there is only 1,950,000 created and in the Shares Outstanding pool.
Check it out, on the right hand column about 1/3 way down; under XRT-Short Interest section...
etfchannel.com/etfs/?symbol=xrt
As someone else pointed out on reddit, if it's this bad for an ETF, just imagine what it's actually like for the AMC and GME securities. O.O!
IMO/NFA
Are they limit orders? I recall a bunch of people having problems with market orders being cancelled thru IEX and as soon as they changed them to limit orders at ask they flew thru fine...
Problem was described on Reddit multiple times.
IMO/NFA
Waking every few hours screaming? Sounds about right. LOL!
MasterBlastr
"Yes - shorts sleeping like babies."
But, but, but, the squeeze already squoze a year ago! /sarc ROTFLMFAO!
Overnight change to 100% utilization! Per Ortex. +22% change. Whooo. I wonder if someone got caught fudging the books. Buckle up.
Edit: Maybe Ortex got "more accurate" numbers...finally.
IMO/NFA
And the SWRM market yawns...
It could also clear the way for non-cash dividend distributions, such as the much requested 1:1 NFT which would act as a share count verification.
IMO/NFA.
"no other routes"...oh really? Because it looks like they are doing just fine restructuring their debts now and pushing 2025 out to 2029 with more favorable terms.
In "CoMpLeTeY UnReLaTeD" (sarc) news to the AMC rise and earnings preview, GME is up $5/share also...at the same time...with no news...
What a fraudulent system we have now with basketing and manipulation. /sigh
Speaking of old articles. Isn't it amazing the FUDsters don't seem to mention this part of the story while screaming about some compensatory shares being sold while the bulk are still being held? And debt doesn't mature until 2024?
"AMC Entertainment Top Execs Take Salary Cuts To Boost Stock" by Jill Goldsmith
deadline.com/2020/02/amc-entertainment-execs-salary-cut-1202870030/
OK, I’ll take that one. Simple version.
What does alleged corruption have to do with current AMC share price? Example Scenario-100% of shares are held. A new entity wants to buy 1 share. In a free/fair market the price should go up to get first willing person to sell. Instead corrupt market maker/SHF team to create 101% shares via in-house IOUs and price drops instead creating FTDs. Then it’s found that they can and will short 101+% of entire float. The strat is so successful in past they bankrupt businesses using it. -But- market maker/SHF risk getting caught and bankrupting themselves if investors/institutions say enough is enough and start squeezing with the price going up. So the relationship in a squeeze is “more corruption=bigger squeeze=higher price per share”. Get it?
What is factual basis for claims that Mr. Gensler (SEC) and Kenneth Griffin should go to jail? Ok, two part answer:
First the SEC Mission Statement literally is, “The mission of the SEC is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The SEC strives to promote a market environment that is worthy of the public's trust.” So, if the corruption outlined in the previous paragraph was, in fact, allowed to happen on Mr. Gensler’s watch and his admin, then he did NOT perform his mission and fiduciary duty to the public, did he? Should there be some form of accountability for failure to do the primary mission of one's job? Probably. (Especially when it’s the public’s interest on the line) Responsibility and accountability is probably in the forefront of most reasonable people's mind, so it makes sense that if investors were NOT protected, and/or fair+orderly+efficient markets were not found during a term, then that would be the “for what”...ESPECIALLY if it crosses the boundary to an accomplice (that did nothing and had the duty) rather than a bystander (that did nothing and didn’t have duty).
Second, if Mr Griffin is at the helm of an institution that was/is found to be contributing to corruption instead of a free and fair transparent market by manipulating prices for his own benefit over public investors, then that reason alone is enough to hold accountable as a “for what”. In fact, there is a laundry list of examples in the past where those entities have been ‘called out’ and fined by the SEC in the past for bad behavior. It’s just this time (meme stocks phenomenon) appears to be a bigger scenario with higher stakes than usual.
But thank you so much for your concern about other people’s money and investments! Good luck to you as well. :-P
All IMO/NFA.
50, 60, 70, 80% Off-exchange volume for AMC and some people are standing around with blinders on harking 'nothing to see here, keep moving along, this is totally normal, pay no attention to the workings behind the curtain...' /smdh
Not to mention the outlier FTDs in comparison to other companies. Hard stats, facts, and numbers right there!
ROFL!
IMO/NFA
The market is free of corruption and manipulation?!? Now THAT's the stuff of fictional spew and fairy tales!
History judges harshly with experience.
Hmmm. Anyone else showing a bid of $26.54 and an ask of $1223.03 on the IEX at Chartexchange??? and a spread of $1196.49? Why would a bid populate and an ask depopulate up to that level? FB isn't scaling like that. MSFT isn't doing that either nor is Boeing.
More "glitches"?
chartexchange.com/symbol/nyse-amc/
Seems like the prevailing thought logic is: The market can't crash if the market is suspended. ROFL!
News story not specific to SWRM, but about the industry in general. Let's see if this thing floats.
dnyuz.com/2021/12/30/everybody-into-the-metaverse-virtual-reality-beckons-big-tech/
I can't think of a better, or faster, way of highlighting the need for transparent AND ACCURATE data within the market for EVERYONE to go from as this diverse clusterf example showing up now.
Where the hell is the SEC??? Somebody better wake them up and add this to the stack on their inbox... /sigh
IMO/NFA
Reality is that since 2016 this stock has been a turd. But now it's a 'new and improved' turd...because it has sprinkles. /s lol!
Unless Elon Musk himself is ready to tweet (favorably) about this company/product, there's no way this sees a dollar again, period. Hell it can't even hold a penny, let alone a dime.
IMO. Prove me wrong...please.
So if it only requires 2 to 3 and they have signed 4+ it means they are profitable now?
No matter how you slice it though, the MAJORITY of share volume for AMC is still located off lit exchange, which is a problem in and of itself...and ripe for abuse.
IMO/NFA
It can be found here for daily updates.
chartexchange.com/symbol/nyse-amc/stats/
Today was only 7.91% thru NYSE. Off-exchange that (most) people seem to track is adding the top two lines together (Off Exchange and CBOE EDGX) to find the "hidden" percentage...which was 65.47% at time of this posting. Just depends on how folks are regarding "lit" exchanges. Some seem to think anything that isn't NYSE + IEX is "DarkPool". Others are strictly what falls under "Off exchange" category. Pick and run with what works for you.
But the Off Exchange & Dark Pool Summary is right below the chart
(54.21%) for ease of tracking which is probably the easiest metric to follow.
If you scroll down some you can convert history table to percentages to help track them.
Positive cash flow in 4th Qtr looks like it's going to be nail-biting close. Over or even close is going to still be a win for AMC as it improves each quarter though. So if not this one, then next.
"In order to reach AMC’s goal, the full-year box office would need to top $4.4 billion." (CNBC article)
Current Total Box office Gross=$3.7B ($3,707,272,489). With the holidays coming up the question is can the movies pull in $700M in 3 weeks...? Pros- 9 new releases including Spider-Man: No Way Home and The Matrix Resurrections, and holiday time off.
Side note: 404,723,874 is ALOT of tickets, so much for the "nobody goes to the movies" shills. LOL!
IMO/NFA
Ref: cnbc.com/2021/11/09/amcs-profitability-hangs-on-the-domestic-box-office-topping-2-billion-in-q4.html
and
the-numbers.com/market/2021/summary
Agreed on all points. If not jail, then the hit will be to the wallet.
IMO/NFA
I'm betting that includes the proceeds from selling stock they don't own and creating an IOU for later.
That debt-for-later pile must just keep growing and growing...
IMO/NFA
I'm wondering which news hits first; Evergrande officially rated "D" or the profitable 4th Qtr for AMC.
I'm figuring it's the developer first, but who knows anymore in wonky world.
IMO/NFA
Will ya look at that...over a million (1,031,457) Short Exempt Volume yesterday. (Short Exempt volume are the amount of short sales exempted from the uptick rule.) I wonder who is able to do that??? Hmm.
And 7.99% passed thru NYSE and only 1.42% thru IEX; with 67.54% between Off Exchange/CBOE EDGX. Hmm.
Hmmm. It's almost like this is being done on purpose...
Guess we'll find out what happens when it's time to pay the piper.
ref: amc.crazyawesomecompany.com/
and
chartexchange.com/symbol/nyse-amc/stats/
IMO/NFA
Agree completely! My list has grown significantly lately during the FUD campaign too. It's amazing how many overlook the blatant targeted manipulation of these stocks, like how AMC and GME charts are mirrors and the buy ratios do NOT support drops in the price. Take a look at the top buy and sell orders for the day if you want to find out how out-of-phase this logic crime has gotten... GME's buy ratio is incredible and yet the off-exchange/DP influence continues to corrupt the price.
I guess their strat is to do every & anything possible to shake out weak hands and leave only the diamonds to deal with on the upswing. Well the spring is compressed, we'll see how far it can go...the diamonds left won't give up their shares on the cheap.
All IMO/NFA.
ref: eresearch.fidelity.com/eresearch/gotoBL/fidelityTopOrders.jhtml
I know right?!? 39 year high. Can't wait to hear what December clocks in at. LMFAO! It's about to get ugly...ier.
<munches popcorn>
Ref: reddit.com/r/amcstock/comments/rd9xib/68_inflation_rate_for_november_that_means_that/
and
wsj.com/articles/us-inflation-consumer-price-index-november-2021-11639088867?mod=hp_lead_pos2&mod=hp_lead_pos5
The inflation rate (6.8%) release this morning should help tighten up the purse strings too. Margin requirements are being scrutinized...
IMO/NFA.