Author: tremendousblog
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If you have a car to sell, you generally have 3 options: 1) Craigslist. You can get a good price, but buyers are flaky and the process takes forever. If you can sell it at all. 2) Dealer trade-in. Easy but the price is terrible. 3) Sell to a used…
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+ Angel Investing, Automobiles, Cars, E-commerce, Entrepreneur, Internet, Investing, Salt Lake City, SLC, Software, Startup, Startups, Tech, Utah, Venture Capital+
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Short sellers had a disastrous June: Overall, U.S. short sellers are down -$44.49 billion in net of financing mark-to-market losses over the last thirty days. The #1 source of short seller losses? AMC, by a wide margin, at $2.8 billion. AMC was also the #2 stock in the entire market…
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+ Business+ AMC, Finance, Hedge funds, Investing, Meme stocks, Money, Reddit, Short sellers, Stock Market, Stocks, Stonks, Wallstreetbets+
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The Indian tech industry is growing at an incredible pace: Indian startups have raised a record $10.46 billion in the first half of 2021, up from $4 billion during the same period last year Salaries are also increasing rapidly, from an average of $40,000 to $70,000, and even $150,000 for…
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AMC Entertainment Holdings, Inc. just made a bold move to capture a huge new audience: The value proposition here is obvious: why pay $70 when you can pay $25? But the implications for AMC are even bigger than they may appear. UFC is growing at an incredible rate, dwarfing growth…
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+ Business+ AMC, Combat sports, Finance, Investing, Martial arts, Money, Movies, Reddit, Sports, Stock Market, Stocks, UFC, Wallstreetbets+
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I’m super excited about today’s company! Of all the startups I’ve looked at recently, Crafter might have the most compelling product. This San Diego-based company makes arts and crafts kits of the very highest quality and provides great instructional videos that will have you making beautiful crafts in no time.…
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+ Arts & Crafts, Crafting, Crafts, Hobbies, Investing, relaxation, Startup, Startups, Tech, VC, Venture Capital+
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Major news over the holiday weekend as the Chinese government required all app stores in China to remove the Didi Chuxing app. Didi is the Chinese equivalent to Uber, and dominates shared rides in the country, along with a major presence abroad: China has ordered app-store operators to remove the…
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On July 30, 1975, James R. Hoffa, President of the International Brotherhood of Teamsters, disappeared without a trace. In 1982, he was declared dead. No body has ever been found. A prime suspect in that disappearance was Teamsters Local 560 President Anthony “Tony Pro” Provenzano. In fact, Hoffa was actually…
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There is a lot of talk lately on Twitter and Reddit about AMC’s withdrawal Tuesday of an obscure SEC form called an S-3. Form S-3 is a filing that registers securities. In this case, the securities were convertible bonds, or bonds that can convert into stock when the holder chooses.…
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For months, investors in AMC have suspected a conspiracy by hedge funds to drive down the share price via an illegal practice called naked short selling. Strong evidence of this emerged Friday with the listing of AMC on the NYSE’s Threshold Securities list. Let’s back up: what is naked short…