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scotsand

04/22/18 6:20 PM

#3370 RE: DustyO1 #3369

Plus, SA is purely manipulative. I’ve learned not to take anything they post seriously. Some good authors, but...
Out to make a buck—
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jross34

04/23/18 12:24 AM

#3372 RE: DustyO1 #3369

That is exactly what I said. I did not say HMNY the company is diluted. I said that HMNY's ownership in moviepass will be diluted to 51%. If moviepass does an IPO they would be diluted and the 90% or whatever percent that HMNY has in moviepass will go down to 51%.

The author is long, but he lowered his stake by a lot.

After all of the dilutions that HMNY has been doing and then the dilution to 51% of moviepass, even if moviepass was a billion dollar company the stock price of HMNY would still be under $5.