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Wonder where all the Loud guys are that kept saying Buy,Buy,Buy as this fell from the $70's. Not so tough anymore are we?
As Cramer said when AMC's PPS last year was in the $60's and $70's, "This will not End Well. AMC is a $1-$5 Penny Stock."
All should have gotten out so much earlier. But no, everyone kept saying buy more as it fell. Stubborn.
Shorts are with ya. Keep bringing it lower.
Added together 5.58+ 1.58 = $7.16. How sad is that? Time to move on guys. Now AMC is only charging $5 on Tuesdays into 2023. There's a moneymaker!
What is supposed to happen in a week or two?
That's it for Cash? And I thought they were doing better than that. Very Disappointing.
Based on Reality. Conspiracy Theories are getting old.
That is a made up Conspiracy theory. AMC Shorting is no different than any other shorted stock.. You only believe what you want to hear, not reality. Best thing is to move on.
Yes, that's correct. Shorting happens with every stock in the exchanges. Problem is AMC investors think it only happens to them.
Shorts are the winners overall, they were shorting when PPS was in the $40's, $50's, $60's and $70's. Cannot beat the shorts, they always win in the end.
Reports say another Net Loss of $199 Million and less attendence and few New Movies coming out. This keeps up, PPS will be too Low to Short. Most will cashout on way to $0- $1.
Nothing is the word, it's what it is worth. It's over.
AMC almost an Official Penny Stock ($5 and below). Is everyone still saying to buy,buy,buy???. This is sad.
Lucky, Wonder if Arnie knows this info.
Here's what is written>>>>>Upon Court's inquiry, Mr. Coppedge stated they have reached an agreement with Mr. Dreitzers' client to purchase their preferred shares of stock. Counsel planned to have this closed 2 weeks ago, but has been complicated as Mr. Holmes is now in Hospice. Court Ordered-Matter Continued to 2/8/23 9AM (Pacific).
New Tweet from StockRunners(@runners_stock) about 6 hours ago(10/31/22) showing the Agreement between both parties (HOLMES and Acropolis) but it is being held up because Holmes is in Hospice. Doesn't the family have Power of Attorney by now to sign off? Everyone should have a look this paperwork to court. On Twitter Now.
Not a lot of traders outside U.S., Most of the Buying and selling is being done out of Canada.
With no LLBO buy trades allowed in the U.S., it is a killer for trades. Only can sell here, rest of world seems to be able to buy. Waiting for PinkCurrent with SEC and OTC. Canada allows trades.
How far away does anyone think before a KATX Merger is announced? Only reason for asking is KAST, also an original Acropolis Custodianship has been waiting longer for Merger. Not to mention LLBO,also Acropolis waiting for PinkCurrent status over 1 yr.
Does anyone know what his means? Anyone have more info? Thanks.
Thanks Get Ser, Hate to be totally negative, but what happens to Shareholders of LLBO if they cannot make it PinkCurrent? What would happen next? Especially when Acropolis promised a lot to get Custodianship away from Holmes and won over Shareholders.
GetSer, you're right, but with four 90 day extensions, that's a lot of time for Lawyers to straighten this out, don't you think? Now they get another 120 days. So Custodian companies can take over companies, and if it does not work out, they just throw it back.? Is that what you are saying?
get
The Judge is David M. Jones. District Court, Clark County Nevada. Maybe someone can get his Email address?
Not much, waiting for KATX Merger. Caren Currier is in charge of finding merger. Also watch LLBO waiting for PinkCurrent then Merger( also Caren Currier)
$5 and lower is considered a penny stock. So why is everyone still on this board expecting to make big money with a borderline penny stock like AMC or APE? Has anyone even noticed or realized how low PPS is? Denial.
Something to think about, Acropolis and LLBO lawyers have had at least four 90 day extensions to straighten out dealings with Holmes Family, and still hasn't been completed yet. At this point they should be working 24 hrs. a day, 7 days a week. How can Legals have that much time and not straighten this out. Anyone noticing this?
Not one tweet from Caren Currier since Sept. 23 on anything at all. Total silence. When Acropolis was just getting the 3 Custodianships last year, they promised Shareholder Value comes first. Now we don' even exist.
PPS drifting lower and lower. Caren Currier and Acropolis have disappeared. Hope she is is working on a Merger, looks' like we will be the last to know.
Face it, this is just a dead stock. No one wants to short it anymore and chance of a MOASS is extinct.PPS is far too low. Face reality. Heheheheheheh!
Wonder what GetSer has to say about this. Shouldn't Holmes family be Power of Attorney and be working with Acropolis Lawyers if Holmes is hospitalized? What more could SEC need so they can file Form 10?
StockRunners twitter responded to me , and that is where I learned about Holmes being Hospitalized. Apparently that is what was said at the Hearing in Nevada yesterday. You may be able to view the hearing. Remember Holmes is 87 yrs. old now.
Arnie, Just saw on Twitter, Lawyers said Holmes is Hospitalized, and this would have been last step with him so they could have Filed Form 10. Now they have to wait, that is reason for 120 day continuance. Maybe Family has Power of Attorney and can get this completed and Form 10 filed.
More like Still holding weakly, and waiting for Bankruptcy!
Arnie, What are your thoughts now, with basically the same decision at each Hearing. They had 90 DAYS and could not complete their task, and they promised the Judge they had everything from Holmes. Now the Judge after 1 1/2 years says no problem , have another 120 day continuance. Nothing said about contacting Shareholders who are waiting. just more needed From Holmes. Maybe you can Email Holmes and ask what else they need. Thanks.
Thanks JMoney, I thought they said they had everything from Holmes that they needed at the last 2 Hearings. Wonder what more they needed. This is very Deflating to hear. Did anyone mention the Shareholders at all?
Anyone hear anything on Hearing today? Had to go out for the day. Please let us know.
Recession is coming in the next year. Many saying (Jamie Diamond too), that another 20% drop in Markets is coming.. That's 6000 more point drop to come on the DOW. Where will AMC and APE be especially if no one goes to theatres? Possible .50 cents and $2.00 PPS. Keep on Buying I guess, as most would say on this board.
Doesn't the Judge know these continuances do not help shareholders? Wasn't the Shareholders the biggest thing when he awarded Custodianship to Acropolis?
Arnie, they have to File a Form 10 first, and that sometimes takes 60 days to go through. That is why I keep repeating myself as to why they can't even file that Form while we wait. Got a feeling another continuance is coming. Question is WHY? Why can't they even talk to us?