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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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Hog's Gone Fishin 07:23 AM 06-01-2021
Bought 20 more shares at $29 .LOL
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KChiefs1 07:49 AM 06-01-2021
When I bought at $26.12 it immediately shot up to over $30.
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KChiefs1 07:50 AM 06-01-2021
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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MTG#10 08:15 AM 06-01-2021
Originally Posted by KChiefs1:
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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Buehler445 09:01 AM 06-01-2021
Originally Posted by KChiefs1:
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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KChiefs1 09:36 AM 06-01-2021
Originally Posted by MTG#10:
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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MTG#10 10:59 AM 06-01-2021
CCIV looking good today. Clay is a genius.
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scho63 11:48 AM 06-01-2021
Originally Posted by MTG#10:
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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lewdog 12:09 PM 06-01-2021
Originally Posted by MTG#10:
CCIV looking good today. Clay is a genius.
That stock hit $60 in February.

Lol
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MTG#10 12:13 PM 06-01-2021
Originally Posted by lewdog:
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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lewdog 12:29 PM 06-01-2021
Originally Posted by MTG#10:
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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KChiefs1 12:38 PM 06-01-2021
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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Rain Man 12:42 PM 06-01-2021
Originally Posted by KChiefs1:
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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Hog's Gone Fishin 12:47 PM 06-01-2021
Originally Posted by KChiefs1:
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 fuck can he get you $35 when the high of the day has been 32.20
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KChiefs1 12:50 PM 06-01-2021
Originally Posted by Hog's Gone Fishin:
How in the fuck 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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