AMC Downtrend: Will We See a Shift Soon?
AMC is on a downtrend and shares of AMC’s Preferred Equity (APE) also continue to tumble. In this article I’m going to break down two short-term scenarios we may see for the movie theatre chain stock in the coming days. Join the newsletter…
Report: AMC FTDs Spiked to $9.9 Million in October
The latest report on AMC FTDs shows failure-to-delivers spiked to $9,906,536 for the month of October so far, with data still coming in. This is equivalent to 1,640,155 FTDs. FTDs, or Failure-to-deliver occurs when one party in a trading contract…
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…
GME Stock Sees a Massive Increase in Trading Volume
GME stock saw a massive increase in trading volume on Monday when the stock jumped to nearly $35 per share. The surge came after S3 Partners CEO announced GME stock could go parabolic if it rose to $30 per share. GameStop was halted twice on Monday after…
