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From Motley Fool: " AMC Entertainment owed over $10 billion in debt before the pandemic. It's added another $1.5 billion in debt over the last year. And the interest rates it agreed to pay on that debt have created a situation similar to someone trapped with some horrible credit card plan, where all the debt has payback rates over 10%. The bankers are expecting $1.8 billion in cash due in 2024. And $7.2 billion is due in 2026.
We should be at 49.24 with the current bitcoin price.
Gap up tomorrow!
0.00094898 bitcoin per share. At current price, 46.96 per share without accounting for premium.
Bought few more shares on Friday. This is in much better position than those .0001 defunct dark plays. If those can go 10x plus, don't see why this won't pop.
Bought few million shares myself. Somebody's accumulating for the past few weeks. And looking at the penny stock landscape, volume before price, expecting a pop soon.
Well, the bubble has popped. That didn't last long/
Oversold, looking for a short term pullback to the 7s.
Huge bid pressure, can explode anytime now.
With the current market, Not selling til .004s!!
In at 16, lets see if they follow through. Might be a few baggers.
He tweets too many promises with few fulfilled. Comes February and you get the idea; crickets chirping. Load the 8s when he starts dumping to pay his rent.
Agree too. Sold my shares today. Dilution is off the chart and that constant 6.5 billion on ask sure is daunting.
Added some. Info on this one is different on different platforms. Td, Schwab, and hub are all showing different volume. TD's ask showing 6+ billion while schwab showing 2 billion.
The trust currently holds 23,559.18555570 bitcoins with currently market value of 662,955,481.54. There are 24,779,500, so each share is worth $26.754. The current price per share is 31.30. So 20+% premium here?
UP 30%, 17MIL ON BID AT 12!!
BIEI STARTING UP 30%, 17MIL ON BID!!
BIEI STARTING UP 30%, 17MIL ON BID!!
BIEI Running again!! Huge bid!
BIEI Running again!! Huge bid!
Running again!
12s up.
11s moving, Strong support at 10.
Anybody else realize that 25+ million shares got gobbled up at ask...
Yikes, today's not the day.
Old fashion scare tactic. Overwhelm the ask to make others fill the bid. They accumulated at 9s and 1s, so being bought will not produce a loss, but buying at lower will definitely make a gain or lower their average price.
Volume before price, but with these type of accumulation, maybe one more month.
Slowly taking out the 11s.
At least the company didn't go quiet.
29 Mil bid vs 400k ask.LOL
It'll be harder for him to pull this off after Steve Berman with ONCI. But if it does follow that path, we might get few hundred percent.
Well, 47 million shares dumped, and it's only down 2 ticks.
Either dilution or flippers from 9.
42 mil at .001.
Dump 5 million shares at sell, and we'll see .008 today. No support at 10 and 9.
This one is pretty much dead. How long til we see .003s...? At 1 tick per day, probably late next week. The guy who sold at .0012 should feel much better.
And we might see .009 today.BID has been sold through, no support whatsoever.
8.3mil bought/1.6mil sold/.4mil unknown. Doesn't seem like it, but that's the trade today.
Sold and moved on.
And all bid support gone. That 10mil+ at .0013 all got filled. Who's selling anyway?