Stock Lending Income Program Webull Turn Off, You will see your status in the program and if it says enrolled, tap exit program next it to it to disable stock lending in the future. Treasuries or cash), and then lend the shares to traders who want to sell them short and are willing to pay interest.
When did Wanda sell AMC stock?
In early February 2021, Wanda converted class B common stock to class A common stock, which allowed them to sell shares on the open market. On March 19-20, 2021, Wanda sold 15.6 million shares of AMC stock, reducing their holdings from 8.8% of AMC common stock to 6.8% of AMC common stock. Pay attention to those dates.
When will AMC continue operations?
This influx of capital has put AMC into a position that they can maintain operation at current levels until the end of 2022, per their Q1 2021 earnings call. The first dilution of 2021 put an additional 63.3 million shares on the market.
What happens when the AMC squeeze is over?
When the squeeze is over, AMC can now identify just how much they were damaged. They now have the who and when (share recount), the how (SEC investigation), and the damages incurred (delta between share price at market offering and top of the squeeze). A civil lawsuit will follow.
How much money has AMC raised in 2021?
AMC Entertainment- Led by CEO Adam Aron, AMC has staved off bankruptcy during the COVID-19 pandemic. They have raised a total of 752 million dollars from direct offerings in 2021. That is in addition to the funds raised in december 2020.
What is the role of the Securities and Exchange Commission?
Securities and Exchange Commission- As the lead regulating agency for the stock market, the SEC is supposed to legislate, investigate, and prosecute any entity committing securities fraud. We vilify them, and rightfully so.
When was the first dilution of 2021?
The first dilution of 2021 put an additional 63.3 million shares on the market. That was completed on January 27, 2021. The second dilution was the ATM offering program that completed the sale of 43 million shares from April 27 to May 12. Remember these dates too.
Is everything that is about to follow speculation?
Disclaimer: Everything that is about to follow is speculation. It is purely a theory of mine based on known facts and common sense . Any dates included are to provide context. They do not indicate the beginning, middle, or end of the impending squeeze.
LOOKS LIKE A BOTTOM
FOMO! Everybody HOLD your shares! Don't let the short seller buy your shares! They will have to pay a higher price to cover. The higher GNUS goes, the more they will panic. Spread the word! 60 million shorted shares being covered will make the price go to Pluto:)
I have faith
GNUS revenue increased almost 600 percent last year from 2020 to 2021. I believe these additional acquisitions of other companies will enable it to grow further and increase more revenue. It'll take time and I hope to be rewarded for my patience.
Highly talented addition to GNUS team
The newly appointed CFO at GNUS adds exceptional talent to the team and presumably joined the team because she feels confident of the company’s prospects for success. Follow the link below to review the press release regarding this outstanding team member.
Dawson James research report
Dawson James Analyst Report reiterates BUY rating with $5 price target.