AMC Entertainment Holdings Inc. has asked the New York Stock Exchange and FINRA to look closely at the trading of its stock, according to CEO Adam Aron.
A... AMC Entertainment Holdings Inc. has asked the New York Stock Exchange and FINRA to look closely at the trading of its stock, according to CEO Adam Aron. A threshold security is defined as one, where for at least 0.5% of the issuer’s total shares outstanding, transactions have failed to deliver for five consecutive settlement days at a registered clearing agency of 10,000 shares or more per security.Failure to deliver, or FTD, can be associated with naked short selling, where investors don’t bother borrowing the stock first and simply sell shares with a promise to deliver them at a later date.
Last week the movie theater chain and meme stock darling reported a loss for a 14th consecutive quarter and fourth consecutive year.AMC announced in January a special meeting of shareholders on March 14 to increase the number of AMC authorized shares from just over 524 million to 550 million and authorize a 1-for-10 reverse split of the company’s common stock, converting AMC Preferred Equity APE units into shares of common stock.
Market Watch is own my citadel
Go write an article about your friends at Silvergate and SVB
$AMC surprise! They now corrected the article to state $AMC has gained in 2023 vs “fallen”. Too late as your goal to short and distort already achieved.
Regulators are not dumb, they are on twitter and reading tweets about $AMC .Why to request looking ?Request for actions.What a joke!Why AA is relying on these regulators? They knew itbut won't do anything.Sometime you have to grab the justice not request it. Offense needed.
Dog and pony show!!!
Adam Aron is a disingenuous liar. As CEO of AMC, he should have made his “request” a year & a half ago. He won’t even admit counterfeit shares exist. He’s just pandering due to his wavering credibility & popularity.
He'll get right on it.
Anyway you can report more about what an FTD is and what the reason is for it being on the threshold list? That is what uninformed people should know about not your short and distort against a good American company.
🦗🦗🦗
'We have investigated ourselves and found no wrong doing'
you are a joke. Lol 😂
🖕🏼Marketwatch and Trash articles that post biased opinions and not journalism based on facts. What a disgusting 🤢 organization of sad pathetic people that should be shut down immediately. APESNEVERLEAVING 🍿Wins Walmart 3/14/23
Whole article bashes AMC and barely even speaks of “threshold securities”. Saved everyone a click. Garbage, trash, short and distort piece.
Based on today's price action they must not have seen anything nefarious 🤦♂️
Worried much bruh?
Imagine ChatGPT makes way better articles, than expensive shitpostera like MarketWatch... darn... tik tok.. bankruptcy will knock. 🤣🤣🤣🤣
$AMC has NOT fallen in 2023 as this “article” stats. FALSE short and distort reporting, per usual. Such a joke!
It's interesting to see AMC taking an active approach to its stock trading. Will be interesting to see the outcome of their request. AMC
RyanNoe10 ChatGPT will replace MarkeyWatch in the near future. Cannot wait for that day.
Naked 🩳
RyanNoe10 FINRA is a corrupt outfit covering for their market makers and hedge fund buddies. It’s the good ole boy syndrome but that is coming to an end! MarketRebels
RobertLindelof1 AMC is on the securities threshold list without enforcement for multiple days. Is this how the SEC protects retail investors? GaryGensler SECGov FoxNews CNN FINRA DOJPH JusticeOIG NewYorkTimes_es washingtonpost
100s of millions of shares FTD
Start with Officers and Elected Officials!