Author: tremendousblog
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Despite losses of over $1 billion last month, short sellers remain attracted to AMC like moths to a flame: Investors shorting “meme stock” AMC Entertainment Holdings (AMC.N) are estimated to have lost about $512 million on Monday after a rally that sent the cinema operator’s shares up more than 15%,…
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+ Business+ AMC, AMCARMY, Finance, Investing, Money, Reddit, Short sellers, Stock Market, Stocks, Wallstreetbets+
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On glamorous Madison Avenue in midtown Manhattan, as most people were heading home for the day, the top executives of a powerful hedge fund filed into a conference room. The fate of this multibillion dollar institution could be at stake. This is Mudrick Capital Mangement, L.P. With offices in New…
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+ Business+ AMC, Finance, Hedge funds, Investing, Money, Reddit, Robinhood, Stock Market, Stocks, Wallstreetbets+
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Along the New Jersey Turnpike, it comes into view: a massive complex of tanks, smokestacks, and tangled pipes. This is New Jersey’s biggest polluter: the Phillips 66 Bayway Refinery. The Phillips refinery releases far more toxic chemicals than anywhere else in the state, and more than twice as many as…
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“See that church? Your great grandfather helped build that almost 80 years ago. He was a stonemason, the old man. Came over from Avellino with four dollars in his pocket.” Tony Soprano The camera pans down to show a beautiful church made of grey stone. Alongside it: a red Tahoe.…
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+ Crime, HBO, Jersey City, LCN, Mafia, Mob, New Jersey, NJ, NYC, Organized Crime, Sopranos, Television, The Sopranos, Tony Soprano, TV+
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On a narrow street at the edge of town sits a squat brick building. There are no windows. On the street, lookouts watch for unfamiliar faces. The few who do enter are carefully watched. Inside: the headquarters of the most powerful mafia family in this country. This is Casella’s Restaurant…
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+ NYC Area+ Crime, Genovese, Hoboken, Hudson County, Law, LCN, Mafia, Mob, New Jersey, NYC, Organized Crime, True Crime+
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March 25, 2020: COVID is sweeping the globe, causing shutdowns worldwide. One casualty: all 1,000 theaters of 100 year old AMC Entertainment Holdings, Inc. Like many businesses, its ability to remain solvent was in serious doubt. Under these cirumstances, a lot of CEOs arrange a golden parachute for themselves and…
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+ Business+ AMC, Finance, Investing, Meme stocks, Money, Personal finance, Reddit, Stock Market, Stocks, Wallstreetbets+
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Shares of Wendy’s exploded today as Reddit’s merry band of traders piled in: Beloved burger and Frosty chain Wendy’s (WEN) has won the honor of being the first fast-food stock to get roped into the red-hot meme stock trade. Shares of Wendy’s spiked 16% in early afternoon trading on Tuesday…
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How could this happen? How could this happen? Tony Soprano As Christopher Moltisanti walks out of a diner beneath the Pulaski Skyway, he happens across two of his partners in crime: Matthew Bevilacqua and Sean Gismonte. What’s brought them to this same desolate spot? Suddenly, Sean leans out the window.…
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+ Christopher Moltisanti, Kearny, LCN, Mafia, Mob, New Jersey, Newark, NJ, NYC, Organized Crime, Sopranos, Television, The Sopranos, Tony Soprano, TV+
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A slight, bespectacled man with white hair sits behind a table, going over today’s bets. At his side: a beeper. You might not even notice it. Inside the beeper is a tiny microphone. This unassuming bookie in a nondescript storefront is about to take down the most powerful organized crime…
Tremendous 