🚨 WHAT THE HELL, ROBINHOOD?! 🚨
Robinhood is creating digital tokens that track AMC's stock price, claiming they're backed 1-for-1 by real shares.
But here's the damn problem!
❌ NO ACTUAL SHARE OWNERSHIP!
❌ NO VOTING RIGHTS!
❌ NO SHAREHOLDER RIGHTS!
YOU'RE BUYING A DAMN PRICE COPY, NOT AMC STOCK!
🚨 AMC DID NOT CONSENT!
🔥 Im 100% With Adam Aron!
ENOUGH OF THE DAMN GAMES!
Robinhood doesn't get to make up it's own rules!!!
🔥 NO EXCUSES. NO SPECIAL TREATMENT. SAME LAWS, SAME RULES, SAME CONSEQUENCES! 🦍🔥
I am not going away @vladtenev@DanGallagher
AMC Entertainment does not consent to Robinhood creating Stock Tokens to replicate AMC shares in the United States (the SEC requires you to get our consent, or failing that, at least with us to stand down). They are fake, synthetic shares, which could impact our capital structure.
AMC should control our financial destiny, not Robinhood.
I am not going away @vladtenev@DanGallagher
AMC Entertainment does not consent to Robinhood creating Stock Tokens to replicate AMC shares in the United States (the SEC requires you to get our consent, or failing that, at least with us to stand down). They are fake, synthetic shares, which could impact our capital structure.
AMC should control our financial destiny, not Robinhood.
🚨 JAIL TIME. NOT ANOTHER DAMN FINE!
Until Wall Street and big bank executives face PRISON for criminal wrongdoing, this will NEVER stop!
One set of rules for Wall Street and big banks, another for the rest of us?
END THE DOUBLE STANDARD!!!
NO ONE SHOULD BE ABOVE THE LAW! 🔥
Just a reminder that PFOF BROKERS like Webull and RobinHood are not acquiring and holding all of the AMC Stock we are paying for
Just tried to transfer almost 10,000 AMC Stock out of an APEX CLEARING BROKER (Webull) and Fidelity told me they didn't have the Assets to transfer
BREAKING: GameStop Corp. hits 52-week high after recent insider buys, nine profitable quarters in a row, growing collectables segment, Ryan Cohen slamming the table on his own stock but taking $0 worth of salary. The list goes on and on. $GME
If @CEOAdam has his Silverback eyes locked on Robinhood’s use of AMC’s trademark and this offshore tokenization nonsense, I don’t think it ends well for Robinhood. Millions of retail investors have trusted his leadership since 2021. We believed in him back then, and we certainly believe in him now. He’s smart, tenacious, and still very much in the fight for his company and its shareholders. Read between the lines: he sees a problem here, and he ain’t going away.
From the buy button restrictions in 2021 to these questions about AMC’s trademark and offshore tokenization, what’s with Robinhood’s fascination with AMC? He said he would take action after October 5, and now comes another warning. Sounds to me like the calm before the storm. It’ll be interesting to see what comes next. Well done, sir.
Hello again @vladtenev and @DanGallagher. So what’s Robinhood’s answer?
You claim to “support” the SEC’s new rules on Stock Tokenization efforts, as they apply in the United States.
Internationally, are you going to respect those same principals as laid out be the SEC?
Or shame, shame, shame, will your off-shore operation in far-off Jersey be a sleazy bastardization that makes a total mockery of what the SEC has demanded as being the right thing to do?
EVEN if Citadel can gradually unwind its $AMC short positions without a squeeze, improving box office, FCF and debt pushed to 2031/33 could make holding shorts increasingly painful. In this scenario, i could see a Tesla-like path: consolidation, breakout,shakeout, higher highs.
.. $AMC trading at a 2.5BB market cap and just finished a quarter with a central estimate of $1.7B quarterly revenue. It’s laughable!!!
@CEOAdam thank you for committing - at the annual meeting- to putting a stop to all trademark infringements - this isn’t an arduous or privately disclosed process - the infringements are a civil offense against shareholders - I look forward to seeing the cease and desist letters rolling out sooooooN! Short Sellers and their prime brokers are using these - because of the logo - to counterfeit locates and suppress proper price discovery(The Archegos case taught us how the basket swaps work - they need the unique identifiers in the logos). If Rolex 2 Opened up next to Rolex. How long do you think it would take corporate Rolex to shut Rolex 2 down? Days the answer is within days! This process isn’t making sense - please bring the shareholders more disclosure concerning this process.
Thank you!