I suspect HMNY knows the end is near so they're robbing both shareholders and subscribers in an attempt to keep the company going in the event it needs to pay off a lot of lawsuit settlements and chargebacks. I think they're figuring if they're going down in flames, they might as well steal as much money as they can from everyone. What do you expect from the marriage of Muralikrishna Gadiyaram who was the only insider who sold large sums of HMNY stock near the height of all this AND gets paid $225K a year as an "advisor" AND got labeled by the Indian courts as a fraudster? I suspect he actually controls HMNY behind the scenes and is calling all the shots. Their intent is now to simply rob everyone blind, hoping to survive the upcoming battles, and then rename themselves (which they've done plenty of times) and continue on scamming shareholders and all who stand in their way in a few years.
After reading all these responses on MoviePass' Twitter, it's clear that MoviePass had 3.2 million subs when Mitch was talking last week but it's now dwindled near or below 3 million, and will continue to tank, just like this stock. How can anyone in their right mind "invest" in this junk? Only trade. Never bag hold. Do not pull a Bagholder Ben. Do not munson it all.
Market Data 
Markets 
AI
