HO LEE CHIT! Bank of America closing their entire stock lending program later TODAY! 〽️🏦 Marge calling?
(media.greatawakening.win)
💥 BANK COLLAPSE 💥
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Crypto Runs (check), then AMC does. Get ready.
Sorry friend, you bet on the wrong horse.
Don't fall victim to the sunken cost fallacy.
We know now FOR A FACT that it's a BBBY / GME play via merger / acquisition. The deal is done. The court dockets are publicly available. Multiple brokers confirming as well.
AMC was a distraction pushed by the MSM. They have no turnaround plan. Theaters are a dying business since most people have theater quality big screen TVs and sound systems at home now. When AMC stock did go up look at what the executives in board members did. They gave themselves fat raises and bonuses and insiders sold shares. Meanwhile Ryan Cohen is taking a $0 salary and he and insiders are buying more shares of GME.
BBBY shares were cancelled last week.
Yes, as was foretold, the old shares had to be removed BEFORE the new can be re-issued.
I’m not saying with absolute certainty that we’re going to win this battle, or not, because unfortunately I don’t have a crystal ball. What I am saying is that if you ignore mainstream financial media, and instead look at what is actually happening, then we’re pretty hopeful.
The info that has come out in the Chapter 11 process has been very enlightening. For me personally, the billing statements of the law firms involved has been the biggest source of hopium… I mean it’s right there in black and white what they’re working on, and billing for.
"Cancelled" yes.
That's part of the process of a merger / acquisition of this type. Overstock bought the IP / name "Bed Bath & Beyond" so of course the name of the company and stock ticker name was changed.
The transfer agent was also changed from AST to Computershare during this process. Something that you do NOT spend money on if you are going the way of the Dodo.
The new company will likely be "Teddy" although for now the CUISP changed to "Butterfly" as a placeholder name.
The outsiders that are doing this carve out just picked up all of the stores infrastructure for pennies on the dollar AND get NOLs worth 7-9 years for no taxes as a benefit from the bankruptcy save.
This was an unusual transaction to say the least. had to be to shake off synthetic shares and expose fraud.
Keep in mind there are hundreds of companies that went really bankrupt and their stocks didn't get "cancelled" and while not tradeable, they are still in brokerage accounts.
Shorts haven't gotten paid either and they should have if this was a normal bankruptcy. Instead they are being charged 147% - 300% to keep positions open.
GME has been trickling down for months now. What happened to "to the moon!"
Manipulation and suppression to keep the rotten system afloat. I believe as the old system is imminently breaking it will indeed rocket.
Still pretty good for people who bought at $1/share prior to the reddit effect, but perhaps not for people who bought at $20 to $30/share
Good for everyone. You only lost if you sold and I don't know of anyone who has....