To The Moon

$AMC Entertainment(AMC)$ AMC Entertainment (AMC) pre-market plunged after AMC announced that it will complete its plan to convert AMC Preferred Equity (APE) units into common shares. Possible of moving lower, bearish for now.

THREATS AND DEMANDS According to the older man, from 2016, his son made a series of threats and demands against him for his money and assets. The relationship deteriorated significantly by March 2018, when the father was in the midst of closing the company’s supermarket operations. He offered his son S$3 million to buy out his 8 per cent of shares and hoped his son would obtain the necessary documents for the closure. But his son asked for S$15 million instead to exit the company. This was rejected by his father.

If this report came out a month ago this would have been down 10-15 per share easy. After 14 months of bear market pressure from Nov 2021 it looks like people are starting to not care about the recession talk and all the negatives. Buying these type of stocks in Big Tech will pay out huge for the next 20 years and it's why people invest.Amazon has a wide moat of very good and great products and is number one in market share in cloud and e-commerce with advertising making great strides. Amazon has gone through down cycles before and has came out a stronger and better company and will again. Holding my shares forever it will make me richer for it. Even if it takes two, three years or longer .$Amazon.com(AMZN)$

$Electronic Arts(EA)$ Electronic Arts Inc.'s earnings and revenue from the prior year were previously incorrect. They have been updated. Electronic Arts Inc. disappointed investors with its holiday sales and earnings Tuesday, and executives moved a big game launch to next fiscal year, leading to a forecast that is drastically less than Wall Street expected. EA $(EA)$ shares dove more than 10% after hours as the videogame publisher missed on every important metric for its holiday earnings and the forecast for its final fiscal quarter of the year. In statements, executives sounded as if cuts were taken to compensate for the miss. The Electronic Arts Inc. stock price fell by -0.240% on the last day (Tuesday, 31st Jan 2023) from $128.99 to $128.68

$AMC Entertainment Preferred(APE)$ Looks like this one doesn't know where the sky is. Haven't seen this one fall out the sky for a long run. More investors are signing up. When will the needle drop., the balloon will fall, but when.