Investing General Discussion

Borzak

Borzak

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When did Fidelity change to now you have to enter an objective for that account before you buy a stock. If it doesn't match you have to change it. WTF. Gamestop fallout?
 
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Jysin

Jysin

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AMC up another 20% premarket. Sitting at $75 currently.
 
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Sanrith Descartes

Sanrith Descartes

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Sanrith Descartes said:
Uh-oh...

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Haus

Haus

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Fogel said:
Will this deflate the squeeze?

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Even AMC is willing to cash out a little for some tendies.... And to be honesty it probably makes a good move for them. It will give them a big influx of cash liquidity to help the business.
 
Gravel

Gravel

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Haus said:
Even AMC is willing to cash out a little for some tendies.... And to be honesty it probably makes a good move for them. It will give them a big influx of cash liquidity to help the business.
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Didn't they issue another 40 million back in January during the first go around?
 
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Fogel

Fogel

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Yep. Not saying they shouldn't do it, but they should consider the timing as it'll possibly kill the run. It was trending up nicely up to 75, though you could argue the longer the wait the higher the chances it goes back down.
 
Jysin

Jysin

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You literally can't make this shit up... read the 8K filing for the new shares issuance for AMC.


2nd page or so..

We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business, or macro or industry fundamentals, and we do not know how long these dynamics will last. Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment.
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AMC literally telling investors not to buy their stock!!
 
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wormie

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Jysin said:
You literally can't make this shit up... read the 8K filing for the new shares issuance for AMC.


2nd page or so..



AMC literally telling investors not to buy their stock!!
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What are they supposed to say? “These price levels totes reflect fundamentals guys!”?
 
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wormie

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Gravel said:
Why do they have to say anything?
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Because a room of lawyers writes the 8k and their job is to avoid getting skull fucked by the SEC. One possible reason is the Regulation Fair Disclosure. They have to make sure the same info is disclosed to the public as is disclosed to all shareholders. Now imagine what insiders holding shares have been discussing. That is why the 8k includes that line.
 
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Sanrith Descartes

Sanrith Descartes

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On July 5th AMZN closed at $3200. Premarket it is sitting at $3210. 11 months of no of zero stock appreciation on a zero dividend stock.

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