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Biel has products in most drug stores, it has sales, even if only a small share, so it is hard to figure how PPS is so low(.0007 of a penny).Shouldn't it be at least .10 cents at this point even with the amount of outstanding shares.
They haven't covered because they know this is going lower and they can make more money. At this point more should be shorting this.
$10.70 PPS added together. Guess it's average down to break even or cut losses time. There are better stocks out there .
This is barely holding $10 between the two together. Short sqeeze is gone, maybe everyone should just Short from now on. The dream is over. No MOASS!
Most times a buyback means PPS goes lower. Short squeeze with this is basically gone.
Barely holding at $10-$11 added together. If you keep averaging down it will basically be worth nothing. Good luck with this.
Does anyone have an idea how high PPS could go with this Buyback Program and when does the buyback happen?
So I guess that Very Large Poll means nothing. It's very obvious where theatres are heading. Future is home on TV. Try to remember when Computers and Cellphones First came out. Who could have known. Not too many Phonebooths or Homelines around anymore, not to mention sending letters by USMail(EMail now).
I said it before, but has anyone noticed 0 TWEETS from ACROPOLIS after Nov. 11,2021. They tweeted almost everyday during the Custodianship Hearings at the start. On their Website, the only update is from June of 2021. Anyone find this a little strange. Seems like everything was created to win over Courts and Shareholders. Very Odd!!! Now they don't need us.>>>>>>Thoughts Anyone?
This is why Cramer says this will not end well for everyone. AMC has so many theatres Empty all over the country, and this POLL tells you why. Theatres are too expensive and it's easier to stay home. You really have to watch out for Bankruptcy eventually. Good Luck.
No matter how everyone looks at AMC, it is an $8 stock and dropping. I don't want to hear add APE's PPS in. Never heard of adding 2 stocks together to get PPS.
Arnie, EEGI has 8.2 Billion shares compared to LLBO with 3.2 Billion shares. Sounds like eventually LLBO would be the better Shell for a Merger because of less Outstanding Shares than EEGI.
GetSer, You are right, but as this goes on, why can't Acropolis Lawyers tell the shareholders what the problem is as to why it is untradable.
I tried to purchase shares through TDAmeritrade and it was denied. Didn't realize it wasn't Pink yet. This is why I say it takes time before it trades.
Thanks JM, So it is waiting for a Merger? And is it considered an empty shell?
JMoney, How good is Pennystock ( EEGI ). Is it a custodian stock with possible merger. I just noticed it on Twitter. Let me know. Thanks.
JMoney, Why can't they file the Form 10 now, because sometimes it takes up to 60 days before a stock trades after filing the Form. Wonder why they wait till the Hearing to make these decisions.
What are odds they get another 90 day extension in Oct. Is that possible?
Bottom line folks. this movie theatre stock is going nowhere. Last year was a fluke no matter how you try to recreate it($72>PPS). What makes it worse, it's 2 different stocks now.
Bottom line folks. this movie theatre stock is going nowhere. Last year was a fluke no matter how you try to recreate it($72>PPS). What makes it worse, it's 2 different stocks now.
As far as Custodianship goes, Caren Currier is supposed to be the savior of Custodianships, but so far not much is being done, As far as Acropolis they are missing in action.
Sept. 13 is 60 days for LLBO and nothing 's been done to get it trading yet. After the coming week only 30 days will remain till Oct.13 Hearing with judge. Confidence level is low that anything will be resolved.
Thanks for the news from 2008-2009 on movie theatres. At home Movie networks have doubled and tripled from 2008 and theatres charge $15-$20 per person in 2022.That's costly for just a place to go when you can see it at home for free or a couple of bucks.
Go to any theatre in America or World Mon.-Thurs. and count the number of people in each theatre. It's too expensive now($15-$20) for 1 person admiss. to AMC. Most can see movies at home now.
Basically it's over, and not going to happen. Free trading and Government Money handouts are gone, that is what spurred the Squeeze last year. It was the perfect storm. People don't have that xtra money anymore. Time to move on.
So basically; if AMC and APE have a short squeeze like last year's PPS $72, it would look like this >AMC=$45 and APE=$27. Sounds like the Short Squeeze era for this stock is over. >(Most on this message board said AMC PPS was going to $500)>Good luck with this!
Very soon most may see cinemas only open 2-3 days a week, probably Fri.,Sat., and Sun.>> They are Empty Mon-Thurs.>>.Future is glim.
Still, outlook for cinemas is not good. Time to look for new investment stock, the ride is over for AMC and GME.
Press release at 8:47 this morning, has CEO of AMC trying to downplay and dismiss Bankruptcy Concerns similar to Cineworld in UK. Sounds like Cinemas worldwide are in deep trouble.
Averaging down most of time means you are trying to break even. Guess the MOASS won't happen like Cramer predicted when it was $72.
Jay, next step is for a Company to Merge with Empty shell KATX. Stock LLBO, another Custodianship is next once it gets to PinkCurrent Status with OTC so it can trade again.
How can there possibly be a MOASS with the PPS split. Everyone may have to question yourselves>Why are you still in this stock??????
According to Caren Curriers twitter site, her son is very sick in the Hospital. Sounds like she has a lot of personal things going on besides taking care of Custodianship LLBO.
On Twitter they say Caren Currier owns 600,000 shares of KAST @ .08 =$48,000 nice payday.
Where is Everyone? One of the Custodian stocks with LLBO, and KATX,>>>KAST gets sold and merged yesterday and nobody comments. This Board is dead.
$9 not much better than $7. $2-$4 price target not far away either.
Seems like once Caren Currier sells the Custodianship(KAST), she is done with it. Reason I say that is , in her twitter release she says to contact new owner of Custo. for more info, and leaves it at that. Unless I read it wrong and she releases more info.
KAST has been SOLD according to Caren Currier twitter site 19 hrs. ago. Hopefully LLBO(Get PinkCurrent) and KATX (SELL) are next for her.
Thanks JMoney, but why do they have to wait till after the next hearing to try for OTCIQ? Can't Lawyers contact SEC People and find out what is happening during these 60-90 days before Hearing? Basically what I'm saying, is everyone working on this everyday?
Time to leave this Stock. The dream of MOASS is over.>>> $2-$4 is now the Price Target by Analysts.. Hard to Believe!