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)
Why the sudden drop after market hours when only institutional market makers and hedge funds can buy / sell? Regular traders do NOT 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.
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)