DTCC B16845-22: Are Margin Calls on The Way?
On April 29, the DTCC released B16845-22 under the ‘settlement’ category. The subject reads: changes to DTC collateral haircuts. The notice is directed to all market participants and I’m going to touch topic on what this means down…
Archegos Founder Bill Hwang Has Been Arrested with 11 Criminal Counts
Archegos founder Bill Hwang and CFO Patrick Halligan were arrested and charged with 11 criminal counts. Federal prosecutors said Bill Hwang used Archegos as an “instrument of market manipulation and fraud.” The hedge fund managed to inflate its…
AMC Invests $250m in State of The Art Laser Projectors
AMC CEO and President Adam Aron just announced on Friday the movie theatre company spent a quarter billion dollars in state of the art laser projectors. The world’s largest movie theatre chain also acquired 7 new movie theatres earlier in April.…
AMC Entertainment Just Acquired 7 New Movie Theatres
AMC Entertainment (AMC) just acquired seven former Bow Tie Cinemas locations. Five of which are in Connecticut, one in upstate New York, and another one in Annapolis, Maryland. The new movie theatres in Connecticut will double AMC’s presence in the…
What is LMNOP Stock and Where Do You Buy It?
LMNOP stock is up +2000%! You’re seeing it everywhere right. On Twitter, Facebook, Reddit, etc. How did you miss these gains! And where do you buy it??? Let’s discuss it down below. Welcome to Franknez.com – if you haven’t joined the…
