Bought 20 more shares at $29 .LOL

When I bought at $26.12 it immediately shot up to over $30.

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."

So you timed Fri's closing price exactly at premarket open this morning?


:hmmm:

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.

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

CCIV looking good today. Clay is a genius.

Where is Claynus these days? :hmmm:

He must be working OT to make up for all the dogs he bought

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.

Got it. Ok now it’s funny.

ROFL

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.

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.