|
06-10-2021, 07:44 AM | #10021 |
Fish are scared of me
Join Date: Nov 2001
|
Grabbed a little more FCEL while it's taken a 12% dip.
|
Posts: 40,638
|
1 0 |
06-10-2021, 09:38 AM | #10022 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
A little resemblance but not as much as that other guy you look like.
Last edited by scho63; 06-10-2021 at 09:44 AM.. |
Posts: 52,471
|
06-10-2021, 09:58 AM | #10023 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
|
Posts: 46,123
|
06-10-2021, 04:26 PM | #10024 |
I’m a Mahomo!
Join Date: Aug 2004
Location: Mid-Missouri
|
|
Posts: 54,038
|
06-10-2021, 05:55 PM | #10025 | |
Fish are scared of me
Join Date: Nov 2001
|
Quote:
|
|
Posts: 40,638
|
06-10-2021, 06:05 PM | #10026 |
MVP
Join Date: Mar 2019
Location: KC
|
|
Posts: 7,568
|
06-11-2021, 07:10 AM | #10027 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
|
Posts: 46,123
|
06-11-2021, 09:55 AM | #10028 |
I’m a Mahomo!
Join Date: Aug 2004
Location: Mid-Missouri
|
|
Posts: 54,038
|
06-11-2021, 11:46 AM | #10029 |
I’m a Mahomo!
Join Date: Aug 2004
Location: Mid-Missouri
|
AMC Stock Up
The reason: This morning, S&P Global Ratings upgraded the stock's credit from CCC+ to CCC-. So what That may sound like bad news. (Shouldn't "minus" be worse than "plus," after all?) But in fact, the move is a two-step upgrade from AMC's previous rating, and indicates that the credit rating agency is a bit more confident today than it was yesterday about AMC's ability to eventually repay its more than $11 billion debt load. To do this, says the agency, AMC must apply the cash it has gained from stock sales to pay down some of its debt, refinance the rest at lower interest rates, and benefit from higher revenue as moviegoers return to its theaters. If all of that happens, says the credit agency, AMC may have "a path to a sustainable capital future." Now what Three points need to be added to the above, however. First, obviously, this is a lot to ask of poor AMC. It was hobbled by a pandemic, and against all odds emerged from the recession without declaring bankruptcy -- but burdened with a boatload of debt. Second, CCC- is not as bad a credit rating as CCC+, but it's still a junk bond rating. Don't make more of this news than it is. Third and finally: The stock sales that S&P says AMC is depending upon to even start repaying its debt have inflated the company's share count by a factor of five, compared to the end of 2019. Even if the company succeeds in paying down its debt, it's that much less profit each individual shareholder can expect to earn from AMC. Should you invest $1,000 in AMC Entertainment Holdings, Inc. right now? |
Posts: 54,038
|
06-11-2021, 11:51 AM | #10030 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
Quote:
Yesterday there was unusual call buying from institutional investors across multiple high strike prices for the next week and following. They took about $400,000 - $500,000 of calls at the ask across all the books, called a "sweep". |
|
Posts: 52,471
|
06-11-2021, 12:01 PM | #10031 | |
Starter
Join Date: Nov 2004
Location: asdf
|
Quote:
|
|
Posts: 511
|
06-11-2021, 12:21 PM | #10032 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
|
Posts: 52,471
|
06-11-2021, 12:23 PM | #10033 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
|
Posts: 52,471
|
06-11-2021, 12:35 PM | #10034 |
Starter
Join Date: Nov 2004
Location: asdf
|
|
Posts: 511
|
06-11-2021, 02:07 PM | #10035 |
Fish are scared of me
Join Date: Nov 2001
|
AMC closed solid for the week 49.30
|
Posts: 40,638
|
|
|