AMC dropped 30% yesterday..... AFTER the market closed. HIGHLY UNUSUAL.
(media.greatawakening.win)
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Why the sudden drop after market hours when only institutional market makers and hedge funds can buy / sell? Regular traders do NOT typically have access to after hours trading on lit markets, only institutional market makers and hedge funds do and they like to affix their oxygen masks first when the plane is going down. You don't have that level of movement on a stock ticker from retail action after hours. This is either a very large single institution dumping shares or coordinated group of institutional dumps IMO.
Likely this event: the settlement got approved by Judge and it came out after hours. That means that Conversion and RS for them is moving forward. Which is good for shorts, AA and AMC, bad for retail investors.
Popcorn / stickyfloor people are delusional. They remind me of people that got vaccinated that can't admit they were duped. It's easier to fool people than it is to convince them they were fooled.
Popcorn was always a distraction. Yeah it was naked shorted (like MANY stocks since the market WAS supposed to collapse during covid but Trump pushed that back) but it has no turnaround plan. It has no DRS action. AMC was pushed over Gamestop by a number of MSM outlets and mouthpieces. The next round of attacks will likely be something along the lines of "AMC and other meme stocks are crashing! Sell you GameStop now before it crashes too!!!"
Just look at the actions of the AMC executives. Are they buying stock? No. When the stock price went up they just gave themselves raises and bonuses AND they dumped stock. They showed their colors. Actions speak louder than the words of shills and suckers. Meanwhile GameStop insiders are buying as much stock as they can.
Also movie theaters are a dying business. They have no plans to transition into anything else. Theater ticket sales peaked in 2002 and have fallen off since then. US theaters sold only 17 percent of the available seats in the United States, according to EntTelligence, a research firm.
I have theater quality screen and sound at home. Why would I go spend a bunch of money to go somewhere to have a worse experience? VR headsets will give me an IMAX experience soon. I can make popcorn and nachos at home or order a pizza for FAR less than eating at a theater.
Sound of freedom is the ONLY movie I've gone to see in theater in quite some time and that was to support it with my wallet. Other than that I've been going to comedy shows, concerts, art galleries and other live events instead.
GameStop on the other hand is creating a multi-billion dollar digital marketplace that will completely revolutionize digital ownership. It's like Steve Jobs coming out in this stupid turtleneck with the iPod and revolutionizing the music industry practically overnight.
GameStop = Game Over
AMC = All My Cash (is gone)
u/datasinc gets it 👆
Ty. I stand on the shoulders of much smarter men before me and they get all the credit.
Someone (you) has the ability to use critical thinking skills. All I need to know what is a threat to the system: "Those they attack the most".
They don't attack AMC, they focus their efforts and attack GameStop. Documentaries and hit pieces non stop. Ring a bell? Who/what else is attacked non stop? Trump. It's the easiest litmus test you can use to win while taking down the cabal.
Exactly.
Thanks Anon for reposting this in a way that keeps the post objective and opinions / interpretations to comments.
As long as this standard is enforced consistently (including positive speculation in title / post) I have no problem with it. However I hope I see less of this policy moving forward. I like to read / hear speculation. I like to interact with it. I like hearing people's opinions. Some people are quite good at it. Some are not. I like to decide that for myself and I hope I'm not missing out on some great speculation I may agree with or ideas I could be aware of in posts that are removed for only that. The up/down vote is my friend.
Again, if you want to do speculation in the title, dont tie it with one element of the speculation - it gives the wrong idea and acts as counter productive because folks will focus on that one element.
Something like "Was popcorn always a distraction", which ties all your points with an explanation of what the settlement was, and how it ties to the drop would also have been perfectly productive as well, imho.
As mods, trying to weed out shill narratives is a huge part, and it sometimes takes effort to figure it out. We always err on the side of caution. Thanks again for understanding and co-operating.
Yeah no prob. I respect you guys and the work you do. I try to contribute and help people the best I can. From what I see this is going to hurt AMC investors and I want to let them know just like I was warning against the vax from the start.
exactly!
What settlement? I've largely tuned out of mainstream entertainment.