McBokonon Posted June 3 Share Posted June 3 On 5/21/2021 at 7:35 AM, McBokonon said: $GLBE looks interesting. Under the radar IPO last week, didn’t crater or moonshot but has been strong overall. They facilitate cross-border e-commerce, backed by Shopify and just partnered with Facebook. Has actual earnings, growing like crazy. Israeli and founder-led. I’m starting a small position and will watch it for a quarter or so and see its first earnings before deciding to add more. On 6/1/2021 at 12:10 PM, McBokonon said: Added a wee bit more $GLBE. Still want to see an earnings report. I found that MF did an Industry Focus on it before the IPO this past weekend and listened to it, which made me want to own just a little more than I initially bought. But now I'm definitely waiting before I add again. Probably. $GLBE reported this morning: Gross Merchandise Volume +133% YOY Revenue +134%YOY -Service fees revenue +146%YOY -Fulfilment revenue +128%YOY Gross Margin: 29.4% -> 33.3% Adjusted EBITDA $5.2million (vs. a small loss in Q1’20) Fiscal Year Revenue Guidance +53-56% YOY I’ll be adding. Looks like growth might take it on the chin today so I’ll wait and see if it pulls back with everything else. Hasn’t gone parabolic but it has gone from $25 or so to $35 since its IPO. Right now it’s basically even premarket but it’s a small cap. Quote Link to comment Share on other sites More sharing options...
GROOT Posted June 3 Share Posted June 3 (edited) 9 minutes ago, JB Breakfast Club said: It was spiking and then they announced mote dilution. I'll be taking profits this morning. The 11.5 million shares are from April 27. This is old news. SCARE TACTIC. They are desperate. Edited June 3 by GROOT Quote Link to comment Share on other sites More sharing options...
Caveman33 Posted June 3 Share Posted June 3 15 minutes ago, GROOT said: The 11.5 million shares are from April 27. This is old news. SCARE TACTIC. They are desperate. I don't think so. The SEC filing from April 27: "This prospectus relates to sales of the Class A common stock, par value $0.01 (the “Class A Common stock”) of AMC Entertainment Holdings, Inc. by us or our selling stockholders from time to time in one or more offerings. We or the selling stockholders, who will be named in a prospectus supplement, may offer and sell shares of our Class A common stock from time to time in amounts, at prices and on terms that will be determined at the time of any such offering. We will not receive any proceeds from the sale of shares of Class A common stock to be offered by the selling stockholders." The SEC filing from today: "On June 3, 2021, AMC Entertainment Holdings, Inc. (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with B. Riley Securities, Inc. and Citigroup Global Markets Inc. as sales agents (each, a “Sales Agent” and collectively, the “Sales Agents”), to sell up to 11,550,000 shares of Class A common stock, par value $0.01 per share, of the Company (the “Common Stock”), from time to time, through an “at-the-market” offering program (the “Offering”) Subject to the terms and conditions of the Equity Distribution Agreement, the Sales Agents will use reasonable efforts consistent with their normal trading and sales practices, applicable law and regulations, and the rules of the New York Stock Exchange to sell the Common Stock from time to time based upon the Company’s instructions for the sales, including any price, time or size limits specified by the Company. Each Sales Agent will receive a commission up to 2.5% of the gross sales price of the Common Stock sold through it as the Company’s Sales Agents under the Equity Distribution Agreement, and the Company has agreed to reimburse the Sales Agents for certain specified expenses. The Company has also agreed to provide the Sales Agents with customary indemnification and contribution rights. We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business, or macro or industry fundamentals, and we do not know how long these dynamics will last. Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment." Quote Link to comment Share on other sites More sharing options...
stbugs Posted June 3 Share Posted June 3 1 hour ago, Bossman said: AMC right back at it again in pre-market this a.m. I keep waiting for a good spot to short this donk of a stonk ... But those danm apes ... Are their pockets bottomless? Now I'm thinking, what the hell, I might as well join them. Where else am I going to make 20% in one day? Looks down to me right now. Seems like the party is over. You’ve got the touch man. 1 Quote Link to comment Share on other sites More sharing options...
JB Breakfast Club Posted June 3 Share Posted June 3 I sold 1/3 of my position at 60. Over 8x gain. Still holding 500 shares at about $12. Now...do I move these proceeds to buy a GME dip? 3 1 1 Quote Link to comment Share on other sites More sharing options...
Angry Beavers Posted June 3 Share Posted June 3 11.5 M shares is 2.5% of the total shares of 450M - for AMC I am holding for now - the timing is curious as it helps the fear mongering of the media but the reality is it does not change the fact that there are not enough shares at current prices for shorts to cover. Quote Link to comment Share on other sites More sharing options...
Angry Beavers Posted June 3 Share Posted June 3 13 minutes ago, JB Breakfast Club said: I sold 1/3 of my position at 60. Over 8x gain. Still holding 500 shares at about $12. Now...do I move these proceeds to buy a GME dip? FWIW, I sold half of my AMC position and promptly went over to GME before the afternoon run up. 1 Quote Link to comment Share on other sites More sharing options...
stbugs Posted June 3 Share Posted June 3 1 hour ago, JB Breakfast Club said: It was spiking and then they announced mote dilution. I'll be taking profits this morning. Very smart move even if it can go higher. You’ve made a great return and let’s be honest, AMC is not even close to worth its current market cap even if you assume they get back to their peak revenue/cash flow. At some point, AMC will continue to dilute and the market cap will reflect the actual fundamentals. So, unless retail investors want to lock their money up in a slow burn loss for years, people will jump ship after earnings reports keep coming in that show it’s not worth the price or when they are tired of dilution. It could happen really fast. 1 Quote Link to comment Share on other sites More sharing options...
Angry Beavers Posted June 3 Share Posted June 3 7 minutes ago, stbugs said: Very smart move even if it can go higher. You’ve made a great return and let’s be honest, AMC is not even close to worth its current market cap even if you assume they get back to their peak revenue/cash flow. At some point, AMC will continue to dilute and the market cap will reflect the actual fundamentals. So, unless retail investors want to lock their money up in a slow burn loss for years, people will jump ship after earnings reports keep coming in that show it’s not worth the price or when they are tired of dilution. It could happen really fast. How? they can not create more shares without shareholder approval Quote Link to comment Share on other sites More sharing options...
McBokonon Posted June 3 Share Posted June 3 Just now, Angry Beavers said: How? they can not create more shares without shareholder approval “APES AGREE WITH MORE STONK! SOME STONK GOOD, MORE STONK BETTER! VOTE YES!” 1 Quote Link to comment Share on other sites More sharing options...
stbugs Posted June 3 Share Posted June 3 2 minutes ago, Angry Beavers said: 11.5 M shares is 2.5% of the total shares of 450M - for AMC I am holding for now - the timing is curious as it helps the fear mongering of the media but the reality is it does not change the fact that there are not enough shares at current prices for shorts to cover. I know it doesn’t seem like much, but a year ago, AMC had about 100 million shares. At this point, I think they are close to 500 million. This is not GME. There is no fear no fear mongering. AMC has diluted every original share from pre-pandemic by 80%. The market cap of AMC when it was at its peak was about 10% of what it is today. So, basically shares are worth 20% of what they were but the share price is still way up. Fundamentally, the stock is ridiculously overpriced. That’s not fear mongering, that’s actual fact. I don’t like GME. I think they are priced as if they are already really successful (versus reality of declining revenue) and that’s not a given especially at the inflated market cap. That said, their market cap and dilution aren’t close to AMC. AMC is a company that very likely would have filed for bankruptcy if it wasn’t able to raise money at inflated prices. I don’t see AMC executives as being truly behind retail investors. The popcorn thing was a gimmick as seen by their dilution as soon as the price ran up like crazy. 1 Quote Link to comment Share on other sites More sharing options...
stbugs Posted June 3 Share Posted June 3 3 minutes ago, Angry Beavers said: How? they can not create more shares without shareholder approval They literally just filed to sell more shares today and I believe they already passed a motion to dilute if necessary. They have also taken share count from just over 100 million to almost 500 million in a year. They’ve already diluted the #### out of the stock over the past year. Are you actually arguing that AMC is really a $28B company? Pre pandemic they were worth $3-4B and their revenue has declined every year since around 2017. That was before Disney+, Apple+, HBO Max, Prime (buying MGM studio) and others were even around. Yes, movies will come back but outside of maybe a little pop, it’s not a growing business and AMC with all the added debt isn’t worth 10x their peak. Quote Link to comment Share on other sites More sharing options...
BassNBrew Posted June 3 Share Posted June 3 5 minutes ago, stbugs said: They literally just filed to sell more shares today and I believe they already passed a motion to dilute if necessary. They have also taken share count from just over 100 million to almost 500 million in a year. They’ve already diluted the #### out of the stock over the past year. Are you actually arguing that AMC is really a $28B company? Pre pandemic they were worth $3-4B and their revenue has declined every year since around 2017. That was before Disney+, Apple+, HBO Max, Prime (buying MGM studio) and others were even around. Yes, movies will come back but outside of maybe a little pop, it’s not a growing business and AMC with all the added debt isn’t worth 10x their peak. You aren't doing this right. We don't price stocks like that anymore. 2 1 4 Quote Link to comment Share on other sites More sharing options...
Caveman33 Posted June 3 Share Posted June 3 6 minutes ago, stbugs said: They literally just filed to sell more shares today and I believe they already passed a motion to dilute if necessary. They have also taken share count from just over 100 million to almost 500 million in a year. They’ve already diluted the #### out of the stock over the past year. Are you actually arguing that AMC is really a $28B company? Pre pandemic they were worth $3-4B and their revenue has declined every year since around 2017. That was before Disney+, Apple+, HBO Max, Prime (buying MGM studio) and others were even around. Yes, movies will come back but outside of maybe a little pop, it’s not a growing business and AMC with all the added debt isn’t worth 10x their peak. Who knows what is going on inside the head of some of these AMC investors, but they are making boatloads (on paper) so I can't fault them. I expect shares to trade in a narrow channel today, about $20-$120. 1 Quote Link to comment Share on other sites More sharing options...
GROOT Posted June 3 Share Posted June 3 Adding to total on the dip #AMC 1 Quote Link to comment Share on other sites More sharing options...
matuski Posted June 3 Share Posted June 3 Need a new non meme stock thread imo 3 1 Quote Link to comment Share on other sites More sharing options...
BassNBrew Posted June 3 Share Posted June 3 13 hours ago, BassNBrew said: Tech on a roll. I'm thinking hard about trimming. Have to imagine the pending AMC crash will crush the market like the GME plummet did. AMC could have at least waited until the market was open to crap on everything. Quote Link to comment Share on other sites More sharing options...
Desert_Power Posted June 3 Share Posted June 3 24 minutes ago, Angry Beavers said: How? they can not create more shares without shareholder approval This is a joke, right? Quote Link to comment Share on other sites More sharing options...
Caveman33 Posted June 3 Share Posted June 3 AMC investors remind me of this MadTV skit...https://www.youtube.com/watch?v=ldjebf1CZGA "That's not a red flag..." Quote Link to comment Share on other sites More sharing options...
Capella Posted June 3 Share Posted June 3 Tried to short one share of amc for the lolz and it said no shares were available. And I loaded the Hgen train again at 18. 1 Quote Link to comment Share on other sites More sharing options...
BassNBrew Posted June 3 Share Posted June 3 Just now, Capella said: Tried to short one share of amc for the lolz and it said no shares were available. And I loaded the Hgen train again at 18. I added another 7% to my HGEN total at $18.06. Keeping a little powder dry in case it drops more and resisting the urge to chase the falling Amazon knife. I think I'll add some more HGEN at $17 unless Amazon hits $3100 first. Quote Link to comment Share on other sites More sharing options...
pecorino Posted June 3 Share Posted June 3 For those who like to roll the dice, I'm eyeing the June 18 calls on AYX with $80 strike price. I think AYX rebounds from the mid-70s but whether it does it in the next few weeks or not, who knows. Those calls are trading for $1.30 which is pretty cheap for a company that was in the $100s not that long ago. 1 Quote Link to comment Share on other sites More sharing options...
stbugs Posted June 3 Share Posted June 3 17 minutes ago, Caveman33 said: Who knows what is going on inside the head of some of these AMC investors, but they are making boatloads (on paper) so I can't fault them. I expect shares to trade in a narrow channel today, about $20-$120. Oh, nothing I am saying has anything to do with what the short term prices will be. There is truth to things are worth what people will it but there is also truth behind the actual company fundamentals and numbers. All overpriced tulips eventually crash, it’s just a matter of when because no one knows the peak until after it happened. Quote Link to comment Share on other sites More sharing options...
stbugs Posted June 3 Share Posted June 3 22 minutes ago, BassNBrew said: You aren't doing this right. We don't price stocks like that anymore. I know you are joking but I do laugh at some articles about the new world of investing. Long term, fundamentals will always drive the price. While there may be some insanity both ways (shorts and short haters), that’s short term. Company profits, revenue, growth, products, revenue potential, outstanding share count, etc. drive the price. Free popcorn isn’t a fundamental! Diluting the #### out of shares is. 1 Quote Link to comment Share on other sites More sharing options...
stbugs Posted June 3 Share Posted June 3 (edited) 7 minutes ago, pecorino said: For those who like to roll the dice, I'm eyeing the June 18 calls on AYX with $80 strike price. I think AYX rebounds from the mid-70s but whether it does it in the next few weeks or not, who knows. Those calls are trading for $1.30 which is pretty cheap for a company that was in the $100s not that long ago. I divested myself from them months ago. Made some money but not as much as I could have when it was at its peak. I’m not a big fan of it anymore. A lot of other software related stocks I like better. Edited June 3 by stbugs Quote Link to comment Share on other sites More sharing options...
2Squirrels1Nut Posted June 3 Share Posted June 3 21 minutes ago, Capella said: Tried to short one share of amc for the lolz and it said no shares were available. And I loaded the Hgen train again at 18. I tried to short 100 yesterday at $104 and it appeared to go through. An hour later it showed rejected. Quote Link to comment Share on other sites More sharing options...
GROOT Posted June 3 Share Posted June 3 GME and AMC are now on SSR list 1 Quote Link to comment Share on other sites More sharing options...
ConstruxBoy Posted June 3 Share Posted June 3 4 minutes ago, GROOT said: GME and AMC are now on SSR list Super Secret pRobation list? 2 Quote Link to comment Share on other sites More sharing options...
JAA Posted June 3 Share Posted June 3 Cant believe my limit sell of 200 $BB @20 hit. Had that limit for months. 🚀 1 Quote Link to comment Share on other sites More sharing options...
Angry Beavers Posted June 3 Share Posted June 3 1 hour ago, stbugs said: I know it doesn’t seem like much, but a year ago, AMC had about 100 million shares. At this point, I think they are close to 500 million. This is not GME. There is no fear no fear mongering. AMC has diluted every original share from pre-pandemic by 80%. The market cap of AMC when it was at its peak was about 10% of what it is today. So, basically shares are worth 20% of what they were but the share price is still way up. Fundamentally, the stock is ridiculously overpriced. That’s not fear mongering, that’s actual fact. I don’t like GME. I think they are priced as if they are already really successful (versus reality of declining revenue) and that’s not a given especially at the inflated market cap. That said, their market cap and dilution aren’t close to AMC. AMC is a company that very likely would have filed for bankruptcy if it wasn’t able to raise money at inflated prices. I don’t see AMC executives as being truly behind retail investors. The popcorn thing was a gimmick as seen by their dilution as soon as the price ran up like crazy. Agreed - but if a bunch of Apes just won't sell and the stock is completely shorted..................... 🚀 The current price has nothing to do with the fundamentals. Lets be honest. Quote Link to comment Share on other sites More sharing options...
JAA Posted June 3 Share Posted June 3 46 minutes ago, Capella said: Tried to short one share of amc for the lolz and it said no shares were available. And I loaded the Hgen train again at 18. This is important. The new DTCC rules say the clearinghouses need to report on their coverage on an on-going basis. This means people are watching and shenanigans are being reduced. Quote Link to comment Share on other sites More sharing options...
wdh76 Posted June 3 Share Posted June 3 Got in the HGEN game just under 18. I couldnt help myself at that price..... Quote Link to comment Share on other sites More sharing options...
JAA Posted June 3 Share Posted June 3 For those looking to get in on a potential short squeeze ahead of time, checkout one of our old marijuana stocks $SNDL: https://twitter.com/CupAndrei/status/1397629413550927879 1 1 Quote Link to comment Share on other sites More sharing options...
Leeroy Jenkins Posted June 3 Share Posted June 3 Man did I F up when I had an order for AMC at $8 a while back and cancelled it. 1 Quote Link to comment Share on other sites More sharing options...
msudaisy26 Posted June 3 Share Posted June 3 6 minutes ago, JAA said: For those looking to get in on a potential short squeeze ahead of time, checkout one of our old marijuana stocks $SNDL: https://twitter.com/CupAndrei/status/1397629413550927879 I have some of that stock. Please explain this to me like I am in first grade. Quote Link to comment Share on other sites More sharing options...
landrys hat Posted June 3 Share Posted June 3 QS back up to $30 💎🙌 1 1 Quote Link to comment Share on other sites More sharing options...
pecorino Posted June 3 Share Posted June 3 14 minutes ago, landrys hat said: QS back up to $30 💎🙌 Retreated faster than a cowardly Private on the front lines. Quote Link to comment Share on other sites More sharing options...
Bob Sacamano Posted June 3 Share Posted June 3 27 minutes ago, pecorino said: Retreated faster than a cowardly Private on the front lines. I hear they make pills for that now. 1 1 1 Quote Link to comment Share on other sites More sharing options...
JB Breakfast Club Posted June 3 Share Posted June 3 Piggyback on all your HGEN hype with AMC proceeds. Also added 25 GME. 1 1 Quote Link to comment Share on other sites More sharing options...
JAA Posted June 3 Share Posted June 3 1 hour ago, msudaisy26 said: 1 hour ago, JAA said: For those looking to get in on a potential short squeeze ahead of time, checkout one of our old marijuana stocks $SNDL: https://twitter.com/CupAndrei/status/1397629413550927879 I have some of that stock. Please explain this to me like I am in first grade. https://www.investopedia.com/articles/optioninvestor/08/synthetic-options.asp 1 Quote Link to comment Share on other sites More sharing options...
NajehHejan Posted June 3 Share Posted June 3 Thanks JAA. In SNDL at 1.32 1 Quote Link to comment Share on other sites More sharing options...
Capella Posted June 3 Share Posted June 3 17 minutes ago, JB Breakfast Club said: Piggyback on all your HGEN hype with AMC proceeds. Also added 25 GME. Here’s hoping for similar success 1 Quote Link to comment Share on other sites More sharing options...
identikit Posted June 3 Share Posted June 3 Threw a chunk into NVDA a couple days ago @ $647. Up 5+ % Planning to hold it at least through the split. Now, maybe longer. 1 1 Quote Link to comment Share on other sites More sharing options...
Bob Sacamano Posted June 3 Share Posted June 3 3 hours ago, Capella said: And I loaded the Hgen train again at 18. Bought some Jul Calls Trying to offset some of the premium writing Jun Puts 1 Quote Link to comment Share on other sites More sharing options...
Bob Sacamano Posted June 3 Share Posted June 3 Anyone own DMTK? @stbugs? I think it is a MF recommendation, but I do not know that. That's why I asked you specifically. I'm interested and have been watching a bit since it ran. Trying to figure out if this is my entry point, bouncing off the $30 low or if there's another leg down to come. I don't get worked up when insiders sell shares, but I'm always intrigued when they buy or receive shares, even restricted shares, without shedding some of what they have at current prices. Especially when it's someone with a CFO's background 1 Quote Link to comment Share on other sites More sharing options...
JB Breakfast Club Posted June 3 Share Posted June 3 Guess I shoulda diamond handed AMC. Offering is done and it's climbing back toward the open. Quote Link to comment Share on other sites More sharing options...
Bob Sacamano Posted June 3 Share Posted June 3 On 2/3/2021 at 7:01 PM, Swaymoney said: 3 stocks to look into purchasing from Motley. 1. DermTech Between 4 million and 4.5 million surgical skin biopsies are performed each year. Only around 180,000 cases of melanoma are found from these biopsies. That's a lot of cutting that ultimately proves unnecessary. Worse, these skin inspections sometimes fail to detect when melanoma or other skin cancer is present. DermTech (NASDAQ: DMTK) addresses these problems. The company currently markets its Pigmented Lesion Assay (PLA) for diagnosing melanoma. There's no cutting required. Instead, an adhesive patch is placed on the skin, then removed and sent to a lab. Genomic testing is performed on the lesion to determine if the individual has melanoma. This approach is 17 times less likely to miss a melanoma diagnosis. It's nearly 25% less expensive than surgical biopsy. Is there a big market for such a game-changing technology? You bet. DermTech estimates its total addressable market in skin cancer is close to $10 billion per year. For now, the company is focused only on melanoma. However, its pipeline includes other products in development that could enable DermTech to target other types of skin cancer. The company's market cap currently stands at around $1 billion. DermTech should have a massive growth runway ahead of it. Apparently this is what put it on my radar Quote Link to comment Share on other sites More sharing options...
McBokonon Posted June 3 Share Posted June 3 (edited) 9 minutes ago, Bob Sacamano said: Anyone own DMTK? @stbugs? I think it is a MF recommendation, but I do not know that. That's why I asked you specifically. I'm interested and have been watching a bit since it ran. Trying to figure out if this is my entry point, bouncing off the $30 low or if there's another leg down to come. I don't get worked up when insiders sell shares, but I'm always intrigued when they buy or receive shares, even restricted shares, without shedding some of what they have at current prices. Especially when it's someone with a CFO's background I have some. I paired it with $OM as a derisked (FDA Approved) small cap biotech basket. I think now is probably a decent entry point to start. Holding up ok today. They need to win over the entrenched (same as $OM) so now we’re just seeing how well they can get commercialized. Long haul play, for sure. Edited June 3 by McBokonon Quote Link to comment Share on other sites More sharing options...
stbugs Posted June 3 Share Posted June 3 1 minute ago, Bob Sacamano said: Anyone own DMTK? @stbugs? I think it is a MF recommendation, but I do not know that. That's why I asked you specifically. I'm interested and have been watching a bit since it ran. Trying to figure out if this is my entry point, bouncing off the $30 low or if there's another leg down to come. I don't get worked up when insiders sell shares, but I'm always intrigued when they buy or receive shares, even restricted shares, without shedding some of what they have at current prices. Especially when it's someone with a CFO's background I own a little, like a quarter share. Am I reading it correctly that the CFO acquired shares? I don't know the company inside and out, hence using their recs, but I do want to add. I've just been adding slower this year since some of the things I bought (aside from UPST) dipped with everything else. I probably should have known and honestly, I think I got one of the recent bottoms (5/13) right, but didn't take advantage. I am hoping for long term, don't really care that much short term, that maybe we have another dip starting today to really finish out some buys. I've created a list of some stocks that I'm thinking of selling to move money elsewhere. I feel like I have a little too much diversification. Since, I answered your question, I'll throw out the symbols to see if any of these are things you (or anyone else) likes long term: CLOV, IPOD, SPOT, CHWY, API, BAND, KALA, SHSP, MITK*, GWRE, MRVL (acquired IPHI), FTCH*, HQY, SPT*, LITE and ALM* Note that most of these, I don't have a lot in and some have actually done very well for me. Since they are small shares, that's part of my thought on consolidating into full shares of other stocks I like better. I marked those with a * if they've done really well. Quote Link to comment Share on other sites More sharing options...
TripItUp Posted June 3 Share Posted June 3 (edited) sold all crypto this morning and SOFI options. Sold crypto to cash some gains. Forgot to mention in prior post I also hold TWTR and PEJ...bought at the dip a few weeks ago. So current non retirement holdings are TWTR MAR call options PEJ ABNB SI Very heavy cash Edited June 3 by TripItUp 1 Quote Link to comment Share on other sites More sharing options...
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