AMC, GameStop Slide As Jim Cramer Warns 'The Iceman Cometh' on Meme Stocks

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AMC, GameStop Slide As Jim Cramer Warns 'The Iceman Cometh' on Meme Stocks

thestreet2021-06-22

AMC Entertainment (AMC) -Get Report shares slumped lower Monday, following a 20% gain last week that lifted the cinema chain's value close to $30 billion, as the two most active meme stock names ...

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BiErGaiShi
·2021-06-30
Do the opposite... Buy Wendy
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Jerrywong76
·2021-06-22
The more FUD articles appear. The more theapes will continue to HODL. To the moon!
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martzh
·2021-06-22
Stfu jim
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mymymy
·2021-06-22
Gogogog
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Sooyin
·2021-06-22
Amc will go to Mars
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kelekele
·2021-06-22
don't trust the media
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4
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LowZackM
·2021-06-22
@moriahlook at Cramer citing Wendy's as an example .....
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3
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spj
·2021-06-22
Thanks Cramer... Buying more!!!
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1
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Hortenseleck
·2021-06-22
Do the opposite of what Cramer says
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3
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ggggigi
·2021-06-22
TO THE MOON ????
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Surphilax
·2021-06-22
Hodl
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Pestle
·2021-06-22
At the end of the day, it's still the fundamentals that command the stock price.
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- Pestle:
  Respectfully, my feeling is Gme kind of movement is not sustainable and not supported by company's fundamentals unless they pivot and change their business model.
  2021-06-22
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- ggggigi:
  Beg to diffeR, look aT gme
  2021-06-22
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JonasSiew
·2021-06-22
Amc [強] [強]
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2
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JonasSiew
·2021-06-22
Fly
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Andrewinho
·2021-06-22
Come on man!!!
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Andrewinho
·2021-06-22
Come on man!!!
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jrr
·2021-06-22
Hmm
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Chrissssy
·2021-06-22
Have a great trading day! Like and comment please! :)
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- ZEROHERO:
  Done
  2021-06-22
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}\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, GameStop Slide As Jim Cramer Warns 'The Iceman Cometh' on Meme Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 08:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/amc-rises-meme-stocks-hold-gains-jim-cramer-warns-iceman-cometh?puc=yahoo&cm_ven=YAHOO><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment (AMC) -Get Report shares slumped lower Monday, following a 20% gain last week that lifted the cinema chain's value close to $30 billion, as the two most active meme stock names ...</p>\n\n<a href=\"https://www.thestreet.com/investing/amc-rises-meme-stocks-hold-gains-jim-cramer-warns-iceman-cometh?puc=yahoo&cm_ven=YAHOO\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.thestreet.com/investing/amc-rises-meme-stocks-hold-gains-jim-cramer-warns-iceman-cometh?puc=yahoo&cm_ven=YAHOO","article_id":"1135948909","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1135948909","pubTimestamp":1624321371,"sourceInfo":null,"weMediaInfo":null,"summary":"AMC Entertainment (AMC) -Get Report shares slumped lower Monday, following a 20% gain last week that","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"translate_title":"AMC和游戏驿站下滑，吉姆·克莱默警告说“冰人来了”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9,"GME":0.9},"content_text":"AMC Entertainment (AMC) -Get Report shares slumped lower Monday, following a 20% gain last week that lifted the cinema chain's value close to $30 billion, as the two most active meme stock names continue to dominate Reddit-retail trading.\nTheStreet'sfounder Jim Cramer, however, cautioned Monday that the ability of meme-powered investors to boost stock prices could fade in the coming weeks, citing a series of failed recommendations from discussions on the r/wallstreetbets chatroom in Reddit.\nCramer noted that recent pullbacks in Wendy's (WEN) -Get Report, Bed Bath & Beyond (BBBY) -Get Report and Cleveland Cliffs (CLF) -Get Report -- all of which have benefited from either a meme-drive retail surge or an attempt to squeeze investors betting against the stock -- suggest a retrenchment of influence back to the two stocks that started this year's phenomena: AMC and GameStop (GME) -Get Report.\nWith both stocks, however, Cramer says the only real bet is that CEO Adam Aron of AMC and Chairman Ryan Cohen of GameStop can raise enough money from the sale of shares to buy a sector rival and revive their failing businesses.\nAMC, which unveiled plans to sell 12 million new shares earlier this month after placing a further 8.5 million shares with hedge fund Mudrick Capital is looking for approval to sell 25 million shares at some point next year in order to fund potential 'value creating' investment opportunities.\nGameStop, meanwhile, said it plans to sell up to 5 million shares in an \"at-the-market\" offering, noting it will use the capital for \"general corporate purposes\" and investing in \"growth initiatives\" following a first quarter loss.\n\"Right now AMC is a $30 billion company with very little hope that it can survive unless it monetizes the meme support, which his exactly what it should do,\" Cramer said in hisReal Money Column Monday. \" GameStop needs a brilliant plan and while Cohen has brought in brilliant people, the issue is what is the company going to be? It can’t be what it is. No industry insider thinks that is possible.\"\nAMC shares were marked 8.5%  lower in mid-day trading Monday to change hands at $54.30 each, a move that would take the stock's one-month gain to around 350%.\nGameStop shares slumped 7.2% lower to $198.40 each, a gain of 12.5% from last month's levels.\nData from theYolosocks.livewebsite, which tracks real-time mentions on stocks within Reddit's r/wallstreetbets chatroom, indicates that AMC is still the most-discussed stock among users over the past 24 hours and more than 777 mentions.\nShort interest in AMC shares remains elevated, however, with data from S3 Partners pegging it at 68.83 million. That represents around 13.8% of the outstanding float, or just under $4 billion in market value.\nFor GameStop. short interest is around 11.5 million shares, or 19.9% of the outstanding float, pegging bets against the money-losing retailer at $2.64 billion.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":153120866,"gmtCreate":1625014223455,"gmtModify":1703850062250,"author":{"id":"3530266091749222","authorId":"3530266091749222","name":"BiErGaiShi","avatar":"https://static.tigerbbs.com/a6fe5dbcb2f892246515b13cb7c68a10","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3530266091749222","idStr":"3530266091749222"},"htmlText":"Do the opposite... Buy Wendy","listText":"Do the opposite... Buy Wendy","text":"Do the opposite... Buy Wendy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153120866","repostId":1135948909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129319507,"gmtCreate":1624358601109,"gmtModify":1703834288397,"author":{"id":"3567209468158570","authorId":"3567209468158570","name":"Jerrywong76","avatar":"https://static.tigerbbs.com/cb628024b8bf8a62db30a806c6571a54","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3567209468158570","idStr":"3567209468158570"},"htmlText":"The more FUD articles appear. The more theapes will continue to HODL. To the moon!","listText":"The more FUD articles appear. The more theapes will continue to HODL. To the moon!","text":"The more FUD articles appear. The more theapes will continue to HODL. To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129319507","repostId":1135948909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129063213,"gmtCreate":1624344918532,"gmtModify":1703834035075,"author":{"id":"3569570628856693","authorId":"3569570628856693","name":"martzh","avatar":"https://static.tigerbbs.com/323c1eca5facea137889894915ff00d3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3569570628856693","idStr":"3569570628856693"},"htmlText":"Stfu jim","listText":"Stfu jim","text":"Stfu jim","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129063213","repostId":1135948909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129088342,"gmtCreate":1624344259086,"gmtModify":1703834022415,"author":{"id":"3578396769006342","authorId":"3578396769006342","name":"mymymy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578396769006342","idStr":"3578396769006342"},"htmlText":"Gogogog","listText":"Gogogog","text":"Gogogog","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129088342","repostId":1135948909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129006914,"gmtCreate":1624341069038,"gmtModify":1703833967085,"author":{"id":"3570014809509262","authorId":"3570014809509262","name":"Sooyin","avatar":"https://static.tigerbbs.com/a3c6ab0a11bb3effa22fd67629f1091e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3570014809509262","idStr":"3570014809509262"},"htmlText":"Amc will go to Mars&nbsp;","listText":"Amc will go to Mars&nbsp;","text":"Amc will go to Mars","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129006914","repostId":1135948909,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120754020,"gmtCreate":1624339310460,"gmtModify":1703833928061,"author":{"id":"3573630890730330","authorId":"3573630890730330","name":"kelekele","avatar":"https://static.tigerbbs.com/528e0ff1d7c70a3a8c2ef4820e9c79fc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3573630890730330","idStr":"3573630890730330"},"htmlText":"don't trust the media","listText":"don't trust the media","text":"don't trust the media","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120754020","repostId":1135948909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120768731,"gmtCreate":1624338031023,"gmtModify":1703833895223,"author":{"id":"3573568310387546","authorId":"3573568310387546","name":"LowZackM","avatar":"https://static.tigerbbs.com/768e9ec80d5d9568297fe487c4b4c95a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3573568310387546","idStr":"3573568310387546"},"htmlText":"<a href=\"https://laohu8.com/U/3573436001666015\">@moriah</a>look at Cramer citing Wendy's as an example .....&nbsp;","listText":"<a href=\"https://laohu8.com/U/3573436001666015\">@moriah</a>look at Cramer citing Wendy's as an example .....&nbsp;","text":"@moriahlook at Cramer citing Wendy's as an example .....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120768731","repostId":1135948909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120785510,"gmtCreate":1624337701530,"gmtModify":1703833885175,"author":{"id":"3577478273531959","authorId":"3577478273531959","name":"spj","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3577478273531959","idStr":"3577478273531959"},"htmlText":"Thanks Cramer... Buying more!!!","listText":"Thanks Cramer... Buying more!!!","text":"Thanks Cramer... Buying more!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120785510","repostId":1135948909,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120738345,"gmtCreate":1624336806287,"gmtModify":1703833852870,"author":{"id":"3560466885565640","authorId":"3560466885565640","name":"Hortenseleck","avatar":"https://static.tigerbbs.com/e87c55ae6e4a1e5015030ff5e493453f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3560466885565640","idStr":"3560466885565640"},"htmlText":"Do the opposite of what Cramer says","listText":"Do the opposite of what Cramer says","text":"Do the opposite of what Cramer says","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120738345","repostId":1135948909,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120792151,"gmtCreate":1624336393873,"gmtModify":1703833839076,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3577332310934399","idStr":"3577332310934399"},"htmlText":"TO THE MOON ????","listText":"TO THE MOON ????","text":"TO THE MOON ????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120792151","repostId":1135948909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120432590,"gmtCreate":1624331333110,"gmtModify":1703833715530,"author":{"id":"3578655705096511","authorId":"3578655705096511","name":"Surphilax","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578655705096511","idStr":"3578655705096511"},"htmlText":"Hodl&nbsp;","listText":"Hodl&nbsp;","text":"Hodl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120432590","repostId":1135948909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120560221,"gmtCreate":1624328063263,"gmtModify":1703833609178,"author":{"id":"3581981444027204","authorId":"3581981444027204","name":"Pestle","avatar":"https://static.tigerbbs.com/04945f4c1d88893d9bf233f4c190098b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3581981444027204","idStr":"3581981444027204"},"htmlText":"At the end of the day, it's still the fundamentals that command the stock price.&nbsp;","listText":"At the end of the day, it's still the fundamentals that command the stock price.&nbsp;","text":"At the end of the day, it's still the fundamentals that command the stock price.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/120560221","repostId":1135948909,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4951445,"gmtCreate":1624343347256,"gmtModify":1663229701751,"authorId":3581981444027204,"author":{"id":3581981444027204,"idStr":"3581981444027204","authorId":3581981444027204,"name":"Pestle","avatar":"https://static.tigerbbs.com/04945f4c1d88893d9bf233f4c190098b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120560221,"type":1,"supId":4950032,"prevId":0,"content":"Respectfully, my feeling is Gme kind of movement is not sustainable and not supported by company's fundamentals unless they pivot and change their business model.","text":"Respectfully, my feeling is Gme kind of movement is not sustainable and not supported by company's fundamentals unless they pivot and change their business model.","html":"Respectfully, my feeling is Gme kind of movement is not sustainable and not supported by company's fundamentals unless they pivot and change their business model."},{"id":4950032,"gmtCreate":1624336358793,"gmtModify":1635252438507,"authorId":3577332310934399,"author":{"id":3577332310934399,"idStr":"3577332310934399","authorId":3577332310934399,"name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120560221,"type":1,"supId":0,"prevId":0,"content":"Beg to diffeR, look aT gme","text":"Beg to diffeR, look aT gme","html":"Beg to diffeR, look aT gme"}],"langContent":"EN"},{"id":120519188,"gmtCreate":1624327430044,"gmtModify":1703833580307,"author":{"id":"3585720521439541","authorId":"3585720521439541","name":"JonasSiew","avatar":"https://static.tigerbbs.com/a43aae458426c2de62c18085e9786185","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3585720521439541","idStr":"3585720521439541"},"htmlText":"Amc&nbsp;[強]&nbsp;[強]&nbsp;","listText":"Amc&nbsp;[強]&nbsp;[強]&nbsp;","text":"Amc [強] 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