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.
After hours trading isn't too hard to get. A lot of brokers offer it. AMC CEO holds 1.7 million shares. The move is due to the handling of APE shares which I'm not sure why you don't mention when you were informed of it in your earlier thread. Prices swings on that kind of corporate action are not unusual.
Allow this "shill" to point out some factors driving the price action here, and you can dispute them with logic and facts or resort to more name calling:
After hours trading has few participants. That means low liquidity. Low liquidity yields larger price moves.
Corporate actions naturally drive large price moves because they fundamentally alter the value in big ways.
This corporate action is basically a merger of a split that was done just a year ago.
In the case of APE/AMC these swings are exacerbated because they're both heavily shorted and have many layers of derivatives being traded on them. They are thus stocks tremendously divorced from underlying business realiities.
So yeah, a double digit price swing is not at all out of play here and there's no need to become emotional & resort to ad-homs when someone points it out. Emotional reasoning really doesn't get a person anywhere in a Q forum.
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)
Fren didn't you just do this yesterday? It's an interesting event, and worthy of a post IMO, but there's no need to add untrue drama to it.
https://greatawakening.win/p/16c248u0lH/amc-dumping-hard-after-hours-it-/
After hours trading isn't too hard to get. A lot of brokers offer it. AMC CEO holds 1.7 million shares. The move is due to the handling of APE shares which I'm not sure why you don't mention when you were informed of it in your earlier thread. Prices swings on that kind of corporate action are not unusual.
a 30% decline after hours isn't unusual? gtfo shill
"Prices swings on that kind of corporate action are not unusual."
So you're arguing the normal price swing for a major corporate action is what? Low single digits?
It also bumped 23% last February when the conversion plan got delayed.
https://www.investorsobserver.com/news/qm-news/8518810385038173
Allow this "shill" to point out some factors driving the price action here, and you can dispute them with logic and facts or resort to more name calling:
After hours trading has few participants. That means low liquidity. Low liquidity yields larger price moves.
Corporate actions naturally drive large price moves because they fundamentally alter the value in big ways.
This corporate action is basically a merger of a split that was done just a year ago.
In the case of APE/AMC these swings are exacerbated because they're both heavily shorted and have many layers of derivatives being traded on them. They are thus stocks tremendously divorced from underlying business realiities.
So yeah, a double digit price swing is not at all out of play here and there's no need to become emotional & resort to ad-homs when someone points it out. Emotional reasoning really doesn't get a person anywhere in a Q forum.
Where can I read more about this?