Go from the big screen to on the scene! Shop our online selection of movie magic merch, including AMC Theatres apparel, foil-print posters, blankets, tumblers and more! Shop now: https://t.co/8YY0LYGOSY
149 million AMC shares and 108 million APEs traded Monday on the NYSE. Exchange “halts” trading due to volatility, defined as a +/- 5% price change within a 5 minute period. If so, trading is stopped for a 5-minute pause. On Monday, AMC was halted 3 times, APE halted 10 times!
Some of you like mysterious tweets, looking for hidden meaning, even though no concealed thought was intended. Gee, I wonder how the “hidden meaning people” will interpret this picture. Consider it an AMC Rorschach Test. If you don’t know what a rorschach test is, Google it.
This might rev up the Cryptocurrency fans amongst you. AMC IT says that BitPay will be live for AMC online payments on our web site by March 19, and live on our mobile apps by April 16. Possibly a few days earlier. BitPay, and therefore soon AMC, accepts Doge Coin and Shiba Inu.
Well, well, well, would you look at this. “Justice Department is Pursuing Wide-Ranging Investigation of Short-Sellers: Federal prosecutors are investigating whether short-sellers conspired to drive down stock prices….” — Wall Street Journal, February 16, 2022
In January, the officially reported short interest in AMC rose by 13.8%, from 94.8 million short shares on Dec 31 to 107.8 million shares on Jan 31. I still have an interest in 2.3 million AMC shares. So, I hope those short sellers are wrong, wrong, wrong. Only time will tell.