Gamestop haven't done this yet.I think the biggest thing for AMC and Gamestop is that they now have time (and cash) to pivot to figure out how they can be part of this streaming/digital future.
This week has been just crazy though.
No problem.
It is kind of amazing that they havent yet. It is almost like they are HOLDING! just like the rest of WSB. Do they not have enough % of the company to give?
Do we know when AMC sold their shares?
AMC disclosed on Wednesday that it had sold $304.8 million worth of stock on Monday and Tuesday, at an average price of $4.81 per share. The company's shares, however, jumped as much as 310% on Wednesday as the speculative frenzy intensified. They closed at $19.90 a share, about 301% higher on the day. Had AMC sold the same number of shares at that price, it would have raised $1.26 billion.
They're quite a ways away from GME short, last I read it was like 60'ish%. I don't think there are other major names in the same position as GME where it's over 100%. Although who knows where these hedge funds are now at after their fuckery.It wasn't just a meme rally, no? I thought AMC was closets to a similiar situation to GME, that hedgefunds had overly shorted the stock, so there is a decent chance of a squeeze.
Correct me if i am wrong.
They're quite a ways away from GME short, last I read it was like 60'ish%. I don't think there are other major names in the same position as GME where it's over 100%. Although who knows where these hedge funds are now at after their fuckery.
yeah last I had read its nowhere near GME situation but was the closest 2nd or something.They're quite a ways away from GME short, last I read it was like 60'ish%. I don't think there are other major names in the same position as GME where it's over 100%. Although who knows where these hedge funds are now at after their fuckery.
It is kind of amazing that they havent yet. It is almost like they are HOLDING! just like the rest of WSB. Do they not have enough % of the company to give?
Do we know when AMC sold their shares?
Could people have bought meme Sega stock back in the day to make it survive? (Stay in console race)
2 days ago. Caused a massive drop in the stock price. That's where this $600 million number comes from.Unless AMC introduced more shares into the market through another public offering the stock price does nothing for their cash flow.
When did AMC sell more shares?
kind of difficult since it hasn't been publicly traded since 2005, when it underwent a leveraged buyout.
Toys R Us' successor company, TRU Kids, is a privately held company
Oh I know, twas a joke.kind of difficult since it hasn't been publicly traded since 2005, when it underwent a leveraged buyout.
Toys R Us' successor company, TRU Kids, is a privately held company
My $8 helped screw over billionaires and helped out an ailing theater chain. Neato.
917 million
2 days ago. Caused a massive drop in the stock price. That's where this $600 million number comes from.
It's sorta the same thing, all of it is to AMC in the end.I think that is silver lake converting the debt of around 600 million to stock and then selling it off. I think AMC made around 300 million when they sold on Tuesday like it says in the articles posted by others.
I think the biggest thing for AMC and Gamestop is that they now have time (and cash) to pivot to figure out how they can be part of this streaming/digital future.
This week has been just crazy though.
funny thing is some theaters are selling shit like popcorn etc. on grubhub etc. They could develop some sort of meal deal thing in collaboration with the studios. Stream the movie and get popcorn and drinks delivered."Introducing GAMESTOP NOW! Pre-order your favorite new games and not only can you buy them physically day one, but add them to your Gamestop Now streaming library and play them instantly on launch day! Only $9.99 a month with a large library of older titles."
"Order on AMC.com for your 'Godzilla vs. Kong' Deluxe package! With your $40 online purchase, you'll get a one-day digital rental, and we'll ship you an IMAX ticket (good where states are open), a souvenir cup and popcorn bucket with two 16oz Coke cans and large bag of our movie theatre popcorn!"
Note that neither of those are real, I'm just spit-balling ideas.
funny thing is some theaters are selling shit like popcorn etc. on grubhub etc. They could develop some sort of meal deal thing in collaboration with the studios. Stream the movie and get popcorn and drinks delivered.
man wtf. Finally got my cash into my charles schwab account. Oh apparently I can't place any orders for AMC....
where can I buy them shares though? Reddit told me cashapp, but my wife basically said that sounds too weird and I kind of agreeJust trying to protect you. You see, you can't handle the volatility, you see, it's all for your own good.
It is kind of amazing that they havent yet. It is almost like they are HOLDING! just like the rest of WSB. Do they not have enough % of the company to give?
Do we know when AMC sold their shares?