Credit Suisse Warns Investors of Naked Short Covering
The SEC released Credit Suisse’s 6-K filing where the bank warns investors of potential losses due to naked short covering, more on that below. Credit Suisse (CS) took a massive hit of $4.09 billion in Q3 and hints at occurring losses in an upturn…
Cineworld Stock Trades Above Movie Industry Leader AMC
Cineworld’s stock price jumped on Tuesday after it received approval to tap into a $1 billion fund after settling with its landlords. A U.S. bankruptcy judge granted Cineworld Group, the parent company of Regal Cinemas, access to more than $1…
Credit Suisse Shares Are Now Worth Less Than AMC
Credit Suisse shares are now worth less than AMC shares and mainstream media is nowhere in sight urging investors to sell the bank’s stock. On the contrary, the bank is predicting AMC shares are headed towards 95 cents per share and claims…
AMC Announces First Ever Netflix Showing in 200 Theatres
AMC Entertainment just announced it will be showing its first ever Netflix movie across 200 movie theatres in the U.S and Europe. Glass Onion: A Knives Out Mystery starring Daniel Craig will be released in the U.S. as well as the UK, Ireland, Italy,…
Now is The Time to Buy AMC Stock
Now is the time to buy AMC stock. The movie theatre company stock is trading at a bargain of $6.35, respectively. AMC Entertainment stock has rejected submersing below the historically strong level of support at the $6 range. Some of the biggest…