You and I know the price drop

2022-10-13

You and I know the price drop has nothing to do with fundamentals. Look at the pre and post market stock price, it's positive most days. But always plunge soon after open trading. Yesterday APE was up 10% at opening of 10 minutes, but became negative again in the next 10 minutes. Don't tell me natural buy and sell can result in these distortions.

AMC Stock Sinks to Pre-"Meme Stock" Levels As B. Riley Slashes Price Target By 32%

US Stocks Opportunities

Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

criticalbomb
2022-10-13
criticalbomb
thanks you very much ❤️❤️❤️
tkkkkkkkkkk
2022-10-13
tkkkkkkkkkk
👌
Alvinlwq
2022-10-13
Alvinlwq
ok
homosapien
2022-10-13
homosapien
👌
junfeng18
2022-10-13
junfeng18
👍
Chichiw76
2022-10-13
Chichiw76
okie

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":9980997227,"tweetId":"9980997227","gmtCreate":1665624941973,"gmtModify":1676537637732,"author":{"id":3576656611799755,"authorId":3576656611799755,"authorIdStr":"3576656611799755","name":"SYB0303","avatar":"https://static.tigerbbs.com/151f9661e12b2e263a192c37c63c016c","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":19,"starInvestorFlag":false},"themes":[{"themeId":"84ac2c57901b463da0573a608cc0b2a5","categoryId":"7cf744760f454845a1870a05ea4e151d","name":"US Stocks Opportunities","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":84ac2c57901b463da0573a608cc0b2a5}&rnconfig={\"headerBarHidden\": true}","description":"Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!","image":"https://static.tigerbbs.com/09d268d2d1fb9f45eacf5430006f3845"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>You and I know the price drop has nothing to do with fundamentals. Look at the pre and post market stock price, it's positive most days. But always plunge soon after open trading.&nbsp;Yesterday&nbsp;APE was up 10% at opening of 10&nbsp;minutes, but became negative again in the next 10 minutes. Don't tell me natural buy and sell can result in these distortions.</p></body></html>","htmlText":"<html><head></head><body><p>You and I know the price drop has nothing to do with fundamentals. Look at the pre and post market stock price, it's positive most days. But always plunge soon after open trading.&nbsp;Yesterday&nbsp;APE was up 10% at opening of 10&nbsp;minutes, but became negative again in the next 10 minutes. Don't tell me natural buy and sell can result in these distortions.</p></body></html>","text":"You and I know the price drop has nothing to do with fundamentals. Look at the pre and post market stock price, it's positive most days. But always plunge soon after open trading. Yesterday APE was up 10% at opening of 10 minutes, but became negative again in the next 10 minutes. Don't tell me natural buy and sell can result in these distortions.","highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":12,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9980997227","repostId":2275569881,"repostType":2,"repost":{"id":"2275569881","pubTimestamp":1665623517,"share":"https://www.laohu8.com/m/news/2275569881?lang=&edition=full","pubTime":"2022-10-13 09:11","market":"us","language":"en","title":"AMC Stock Sinks to Pre-\"Meme Stock\" Levels As B. Riley Slashes Price Target By 32%","url":"https://stock-news.laohu8.com/highlight/detail?id=2275569881","media":"MarketWatch","summary":"Movie theater operator shares suffer sixth straight loss, longest losing streak in 9 months(Photo by","content":"<html><head></head><body><p>Movie theater operator shares suffer sixth straight loss, longest losing streak in 9 months</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d3a7d60bb553eb04c550af891046404\" tg-width=\"700\" tg-height=\"465\" width=\"100%\" height=\"auto\"/><span>(Photo by Bruce Bennett/Getty Images) GETTY IMAGES</span></p><p>Shares of AMC Entertainment Holdings Inc. extended their selloff toward a 17-month low on Wednesday, after B. Riley analyst Eric Wold slashed his price target on the belief the post-pandemic box office recovery will be more drawn out that previously forecast.</p><p>&#34;Although consumer demand remains intact, in our opinion, the number of films released to theaters remains 50% below pre-pandemic levels -- which impacts both the cadence of moviegoing and the ability to catch trailers for upcoming films,&#34; Wold wrote in a note to clients.</p><p>He now projects 2022 box office to be 30% below 2019 levels and 2023 box office to be 16% below, compared with previous projections of 28% below and 7% below, respectively.</p><p>&#34;We now believe it may not be until 2024 before the domestic box office can again surpass $11 billion -- as was the case for every year between 2015 and 2019,&#34; Wold wrote.</p><p>AMC&#39;s (AMC) fell 4.4% to $5.85 on Wednesday, the lowest close since May 7, 2021, which was just before the movie theater chain got caught up in the big &#34;meme-stock&#34; craze of spring 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be0d00aaa9ba2fc427664138b6f42a62\" tg-width=\"700\" tg-height=\"486\" width=\"100%\" height=\"auto\"/><span>FACTSET, MARKETWATCH</span></p><p>It has tumbled 25.3% amid a six-day losing streak, which was the longest such streak since the 11-day stretch that ended Jan. 27, 2020.</p><p>B. Riley&#39;s Wold reiterated the neutral rating he&#39;s had on AMC since May 2021, but cut his stock price target to $7.50 from $11.00.</p><p>He also lowered his third-quarter revenue estimate to $978 million from $1.09 billion, which compares with the current FactSet consensus of $1.01 billion, and dropped his 2022 estimate to $4.17 billion from $4.44 billion.</p><p>AMC shares have tumbled 39.0% over the past three months, while videogame retailer and fellow &#34;meme stock&#34; GameStop Corp.&#39;s stock (GME) has slumped 26.0% and the S&amp;P 500 index  has lost 6.3%.</p><p>Meanwhile, AMC Preferred Equity Units , known as &#34;APEs,&#34; sank 6.8% to their lowest-ever close of $1.64, and have plunged 40.1% over the past six sessions.</p><p>Wold said the weakness results from a combination of concerns over management issuing shares and over the sheer number of units that could be issued.</p><p>&#34;While we would suspect the board [of directors] has some floor where they would no longer issue units, we believe that floor could be quite low given the ability to de-lever the balance sheet and avoid the fate of Cineworld far outweighs adding to the equity dilution that has already been occurring since late 2020,&#34; Wold wrote.</p><p>Cineworld Group PLC (CINE.LN) is the U.K.-based movie theater chain that filed for bankruptcy in September.</p><p>Separately, Wold cut his stock price targets on Cinemark Holdings Inc. (CNK) to $17 from $23, on IMAX Corp. (IMAX) to $20 from $25, on National CineMedia Inc. (NCMI) to 50 cents from $1.00 and on Marcus Corp. (MCS) to $22 from $28.</p><p>He rates National CineMedia at neutral, but has buy ratings on Cinemark, IMAX and Marcus.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Stock Sinks to Pre-\"Meme Stock\" Levels As B. Riley Slashes Price Target By 32%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Stock Sinks to Pre-\"Meme Stock\" Levels As B. Riley Slashes Price Target By 32%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/amc-stock-sinks-to-pre-meme-stock-levels-as-b-riley-slashes-price-target-by-32-11665609447?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Movie theater operator shares suffer sixth straight loss, longest losing streak in 9 months(Photo by Bruce Bennett/Getty Images) GETTY IMAGESShares of AMC Entertainment Holdings Inc. extended their ...</p>\n\n<a href=\"https://www.marketwatch.com/story/amc-stock-sinks-to-pre-meme-stock-levels-as-b-riley-slashes-price-target-by-32-11665609447?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.marketwatch.com/story/amc-stock-sinks-to-pre-meme-stock-levels-as-b-riley-slashes-price-target-by-32-11665609447?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275569881","content_text":"Movie theater operator shares suffer sixth straight loss, longest losing streak in 9 months(Photo by Bruce Bennett/Getty Images) GETTY IMAGESShares of AMC Entertainment Holdings Inc. extended their selloff toward a 17-month low on Wednesday, after B. Riley analyst Eric Wold slashed his price target on the belief the post-pandemic box office recovery will be more drawn out that previously forecast.\"Although consumer demand remains intact, in our opinion, the number of films released to theaters remains 50% below pre-pandemic levels -- which impacts both the cadence of moviegoing and the ability to catch trailers for upcoming films,\" Wold wrote in a note to clients.He now projects 2022 box office to be 30% below 2019 levels and 2023 box office to be 16% below, compared with previous projections of 28% below and 7% below, respectively.\"We now believe it may not be until 2024 before the domestic box office can again surpass $11 billion -- as was the case for every year between 2015 and 2019,\" Wold wrote.AMC's (AMC) fell 4.4% to $5.85 on Wednesday, the lowest close since May 7, 2021, which was just before the movie theater chain got caught up in the big \"meme-stock\" craze of spring 2021.FACTSET, MARKETWATCHIt has tumbled 25.3% amid a six-day losing streak, which was the longest such streak since the 11-day stretch that ended Jan. 27, 2020.B. Riley's Wold reiterated the neutral rating he's had on AMC since May 2021, but cut his stock price target to $7.50 from $11.00.He also lowered his third-quarter revenue estimate to $978 million from $1.09 billion, which compares with the current FactSet consensus of $1.01 billion, and dropped his 2022 estimate to $4.17 billion from $4.44 billion.AMC shares have tumbled 39.0% over the past three months, while videogame retailer and fellow \"meme stock\" GameStop Corp.'s stock (GME) has slumped 26.0% and the S&P 500 index  has lost 6.3%.Meanwhile, AMC Preferred Equity Units , known as \"APEs,\" sank 6.8% to their lowest-ever close of $1.64, and have plunged 40.1% over the past six sessions.Wold said the weakness results from a combination of concerns over management issuing shares and over the sheer number of units that could be issued.\"While we would suspect the board [of directors] has some floor where they would no longer issue units, we believe that floor could be quite low given the ability to de-lever the balance sheet and avoid the fate of Cineworld far outweighs adding to the equity dilution that has already been occurring since late 2020,\" Wold wrote.Cineworld Group PLC (CINE.LN) is the U.K.-based movie theater chain that filed for bankruptcy in September.Separately, Wold cut his stock price targets on Cinemark Holdings Inc. (CNK) to $17 from $23, on IMAX Corp. (IMAX) to $20 from $25, on National CineMedia Inc. (NCMI) to 50 cents from $1.00 and on Marcus Corp. (MCS) to $22 from $28.He rates National CineMedia at neutral, but has buy ratings on Cinemark, IMAX and Marcus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":815,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["APE"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":285,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":104328291,"gmtCreate":1665625236615,"gmtModify":1665625240687,"authorId":4118044838057872,"author":{"id":4118044838057872,"authorId":4118044838057872,"name":"criticalbomb","avatar":"https://community-static.tradeup.com/news/bfa3ea30787ffbea4fb2b96a7fa7db07","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"thanks you very much ❤️❤️❤️","text":"thanks you very much ❤️❤️❤️","html":"thanks you very much ❤️❤️❤️","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":104328345,"gmtCreate":1665625315735,"gmtModify":1665625318843,"authorId":3582157544208464,"author":{"id":3582157544208464,"authorId":3582157544208464,"name":"tkkkkkkkkkk","avatar":"https://static.tigerbbs.com/324b8778a99b6139eca542152f970355","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"👌","text":"👌","html":"👌","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":104328344,"gmtCreate":1665625314629,"gmtModify":1665625317827,"authorId":4111194927838822,"author":{"id":4111194927838822,"authorId":4111194927838822,"name":"Alvinlwq","avatar":"https://community-static.tradeup.com/news/115b6a2e85dd126e946a982f609139dd","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.15","exceedPercentage":"60.69%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":104328339,"gmtCreate":1665625307187,"gmtModify":1665625310674,"authorId":3576928267169380,"author":{"id":3576928267169380,"authorId":3576928267169380,"name":"homosapien","avatar":"https://static.tigerbbs.com/58b52c9540881c11f284c6fe7a066ac6","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"👌","text":"👌","html":"👌","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":104328326,"gmtCreate":1665625276291,"gmtModify":1665625279788,"authorId":4097280343097470,"author":{"id":4097280343097470,"authorId":4097280343097470,"name":"junfeng18","avatar":"https://community-static.tradeup.com/news/c86e3c4053df60059ec9d37418cc4928","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":104328319,"gmtCreate":1665625265680,"gmtModify":1665625267312,"authorId":3581938514960586,"author":{"id":3581938514960586,"authorId":3581938514960586,"name":"Chichiw76","avatar":"https://static.tigerbbs.com/c30e134eeec686f66eb2cc1187f8e361","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"<u>okie</u>","text":"<u>okie</u>","html":"<u>okie</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9980997227"}