$AMC
Within 24 hours:
- $AMC filed their S-3 withdrawal filing
- Apes then WORKED OUT that HF’s were ABUSING $200 million+ worth of bonds, which they NEVER owned, to RELENTLESSLY short $AMC
- News spread like WILDFIRE
This community is an absolute HONOUR to be apart of 🦍
💎
I'm not sure why Wall Street gets so upset when "meme stocks" and heavily shorts are on the move.
Most of these people would instruct their driver to go around a homeless person that fell in the middle of the cross walk - so its not altruistic.
With every stock buyer beware.
After an interesting day, yesterday, there are some major movements in the pre-market this morning:
$AMC has been up over 150%
$GME has been up over 160%
At the time of writing, Short Sellers are down $3.5bn in these two stocks today.
Were you impressed by AMC‘s innovative efforts with Taylor Swift and Beyonce in 2023? AMC blazes new trails again. Billie Eilish will bring her new album, HIT ME HARD AND SOFT, to U.S. AMC Theatres next Thursday & Friday. An exclusive Listening Event, featuring Dolby Atmos sound.
Hello @secgov. This month the Failures to Deliver data that would normally have been published at https://t.co/UMzCK9rpPv at the end of October is notable by its absence. For the sake of market transparency, can you please publish the missing data ASAP.
$AMC ENTERTAINMENT EARNINGS:
AMC Entertainment Holdings reported a better-than-expected performance in the third quarter. They earned a profit of $0.08 per share, surpassing the estimated loss of $0.38 per share. Additionally, their sales reached $1.41 billion, beating the expected $1.17 billion.
Q3 2023 Highlights:
- Total revenue up 45.2% to $1,405.9M
- Net earnings: $239.2M growth, $12.3M
- Earnings per share: +$2.28, now $0.08
- Adjusted EBITDA soars to $193.7M
- Net cash from operations: +$289.5M
- Non-GAAP Operating Cash Generated: $108.7M
- Cash and cash equivalents at Sept. 30, 2023: $729.7M
TAYLOR SWIFT'S THE ERAS TOUR CONCERT FILM SETS NEW AMC THEATRES RECORD: $26 MILLION IN ADVANCE TICKET SALES ON THURSDAY, MARKING AMC'S HIGHEST-EVER ADVANCE SALES DAY IN ITS 103-YEAR HISTORY.
$AMC
If you owned $AMC back in August of 2022 (pre-pounce) and you HELD everything (all $AMC and all $APE ) your new holdings later this week (amc+ape conversion+settlement bonus) will allow your account balance to equal the high-water mark of June 2021 once #AMC moves back back up to the August 2022 pre pounce level of 22ish (220 ish)
Check my math, but I think this will make some of you feel a little bit better about this week's carnage
It will be the "smart" (ass) "arbitrage" knuckleheads that destroyed their ability to make $$ on this whole 3 year journey that will most likely be the most pissed off at themselves 3-6 months from today
#amcstock
I'm getting lots of request to say and explain things on $AMC when I'm just as frustrated and angry as everyone else. I have reached out repeatedly for @CEOAdam to come on in recent weeks sensing & seeing ugly/questionable things happening. Investors need answers.
Meanwhile: AMC Entertainment (AMC) upgraded to Neutral from Underperform at Wedbush; tgt $19
Day 37 threshold. Gme was like 39 days.
But then people always chime in about overstock being on the list for 2 years. But I do believe the sec did tighten the rules after that. But just going by memory of something I once read.
Who knows? Hold