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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 06-01-2021, 07:23 AM   #9721
Hog's Gone Fishin Hog's Gone Fishin is offline
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Old 06-01-2021, 07:49 AM   #9722
KChiefs1 KChiefs1 is offline
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When I bought at $26.12 it immediately shot up to over $30.
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Old 06-01-2021, 07:50 AM   #9723
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AMC Entertainment Holdings (NYSE: AMC) is going on the offensive, selling over $230 million worth of stock to hedge fund operator Mudrick Capital Management at a premium so it can use the proceeds to make acquisitions. The theater operator is selling 8.5 million shares to the private equity firm at a price of $27.12 per share, a nearly 4% premium to Friday's closing price of $26.12 per share. It says it intends to make "value creating acquisitions of additional theatre leases, as well as investments to enhance the consumer appeal of AMC's existing theatres."
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Old 06-01-2021, 08:15 AM   #9724
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Originally Posted by KChiefs1 View Post
When I bought at $26.12 it immediately shot up to over $30.
So you timed Fri's closing price exactly at premarket open this morning?
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Old 06-01-2021, 09:01 AM   #9725
Buehler445 Buehler445 is offline
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AMC Entertainment Holdings (NYSE: AMC) is going on the offensive, selling over $230 million worth of stock to hedge fund operator Mudrick Capital Management at a premium so it can use the proceeds to make acquisitions. The theater operator is selling 8.5 million shares to the private equity firm at a price of $27.12 per share, a nearly 4% premium to Friday's closing price of $26.12 per share. It says it intends to make "value creating acquisitions of additional theatre leases, as well as investments to enhance the consumer appeal of AMC's existing theatres."
That’s interesting. If AMC is leveraging a short squeeze to sell treasury stock, and they manage to time it right, that’s fairly brilliant.
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Old 06-01-2021, 09:36 AM   #9726
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So you timed Fri's closing price exactly at premarket open this morning?

Went through my broker. He said he could get me at the $26.12 price. I have no idea how he worked it. But I got 16,424 shares of AMC @ $26.12
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Old 06-01-2021, 10:59 AM   #9727
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CCIV looking good today. Clay is a genius.
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Old 06-01-2021, 11:48 AM   #9728
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CCIV looking good today. Clay is a genius.
Where is Claynus these days?

He must be working OT to make up for all the dogs he bought
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Old 06-01-2021, 12:09 PM   #9729
lewdog lewdog is offline
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CCIV looking good today. Clay is a genius.
That stock hit $60 in February.

Lol
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Old 06-01-2021, 12:13 PM   #9730
MTG#10 MTG#10 is offline
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That stock hit $60 in February.

Lol
I know, I bought in way too high and been bagholding since waiting for it to come back to $26 so I can break even.

Post was sarcasm.
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Old 06-01-2021, 12:29 PM   #9731
lewdog lewdog is offline
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I know, I bought in way too high and been bagholding since waiting for it to come back to $26 so I can break even.

Post was sarcasm.
Got it. Ok now it’s funny.

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Old 06-01-2021, 12:38 PM   #9732
KChiefs1 KChiefs1 is offline
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Broker just called me & wanted to know if I wanted to sell @ $35. He said I could pocket $145,000 right now as profit.

I told him to let it ride. I’m holding baby!
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Old 06-01-2021, 12:42 PM   #9733
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Broker just called me & wanted to know if I wanted to sell @ $35. He said I could pocket $145,000 right now as profit.

I told him to let it ride. I’m holding baby!

Yowza. That beats working minimum wage.
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Old 06-01-2021, 12:47 PM   #9734
Hog's Gone Fishin Hog's Gone Fishin is offline
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Broker just called me & wanted to know if I wanted to sell @ $35. He said I could pocket $145,000 right now as profit.

I told him to let it ride. I’m holding baby!

How in the **** can he get you $35 when the high of the day has been 32.20
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Old 06-01-2021, 12:50 PM   #9735
KChiefs1 KChiefs1 is offline
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How in the **** can he get you $35 when the high of the day has been 32.20

He told me that’s it’s trending & he thinks it will hit 35 today sometime & he wanted to know if I wanted to sell at that price.
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