The movie industry is improving as a whole now. What we see is that companies such as Cinemas, Cineplex and IMAX are all benefitting from improvement in movie industry. Their shares up more than 1-2% yesterday but AMC is down 0.88% due to the fact that AMC is a retail owned company and NOT institutional owned company. Obviously AMC share price is being suppressed. The movie industry is improving and will continue to do so and AMC is in Avery good place. The stock price of AMC does not reflect the health of AMC during the recovery of the movie industry.
The trading was halted more than 30 times in a trading day this time. Most of the orders were routed to dark pools instead of the lit exchange. These prevented the stocks from repeating the highs in 2021. In short, this time it's manipulation.
Flash in the Pan Meme Moment Takes Some Stock Traders on Wild Ride
$AMC Entertainment Preferred(APE)$ Why has my APE shares on Tiger not converted yet? Anyone knows what is happening? Why is it taking so long? IS markets already open
$AMC Entertainment(AMC)$ So sad Tiger brokers not able to facilitate proxy for AMC upcoming AGM. Below is the answers I got from Tiger: Please note due to the limitation of support from Tiger Brokers' overseas brokers, Tiger Brokers is currently unable to provide proxy support for AGM for the US market. Please note your shares are owned by Custodian on behalf of the client. Transactions are cleared by Trade Up Securities, Inc. and shares are held in custody by Depository Trust Company (“DTCC”). For more information, you may refer to the FAQ section at https://www.tigerbrokers.com.sg/help/detail/us-stocks-n-ETFs
Wow... the post "advise us strongly to sell". All the HF and banks must be so desperate. BOE is ending the bonds buying. What are the banks going to next to meet margin calls? This post only makes me convinced in holding onto my AMC and APE shares until it squeeze!
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%