Anyone investing heavily this year??
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AMC’s Meme-Courting CEO Sells $9.65 Million More of Shares
Adam Aron, chief executive officer of AMC Entertainment Holdings Inc., sold another $9.65 million in shares of the meme-driven theater stock, following sales that he had said were prudent for estate planning.
www.bloomberg.com
Adam Aron, chief executive officer of AMC Entertainment Holdings Inc., sold another $9.65 million in shares of the meme-driven theater stock, following sales that he had said were prudent for estate planning.
Aron, who has led the struggling company since 2016, sold 312,500 shares on Dec. 7, according to a regulatory filing Thursday after markets closed. That followed recent sales of more than $25 million.
Corporate executives routinely sell stock they get as compensation. But Aron has publicly wooed retail investors and touted AMC’s future prospects while selling the stock and benefiting from a mammoth rally in the shares.
Aron continues to own 95,997 shares, according to the filing, excluding about 2.9 million issuable in the future and based on performance targets. The company declined to comment.
AMC executives and board members have unloaded more than $70 million in shares this year in a flurry of sales that coincided with the surge in the stock. Forced to shut down during 2020 because of Covid-19, the chain is headed toward its third straight year of losses.
A frequent Twitter user who has embraced AMC’s popularity with retail investors, Aron has defended the preplanned stock sales. He has pointed out that he still owns millions of units of stock in the company, which are mostly in the form of equity grants, as well as performance-based awards.
Separately AMC’s chief financial officer, Sean Goodman, sold all of his 18,316 shares for about $565,000, according to a filing. That doesn’t include almost 600,000 shares that are subject to continued service or targets.
AMC shares fell 8.9% to $29.46 in New York. The stock has gained nearly 14-fold this year.
(Updates with CFO sale in penultimate paragraph.)
Adam Aron stated in the earnings call a couple of weeks ago that he was going to sell shares so that should not have come as any surprise to the market. I'm still holding a lot of shares and still in the green with AMC.AMC’s Meme-Courting CEO Sells $9.65 Million More of Shares
Adam Aron, chief executive officer of AMC Entertainment Holdings Inc., sold another $9.65 million in shares of the meme-driven theater stock, following sales that he had said were prudent for estate planning.
Adam Aron, chief executive officer of AMC Entertainment Holdings Inc., sold another $9.65 million in shares of the meme-driven theater stock, following sales that he had said were prudent for estate planning.
Aron, who has led the struggling company since 2016, sold 312,500 shares on Dec. 7, according to a regulatory filing Thursday after markets closed. That followed recent sales of more than $25 million.
Corporate executives routinely sell stock they get as compensation. But Aron has publicly wooed retail investors and touted AMC’s future prospects while selling the stock and benefiting from a mammoth rally in the shares.
Aron continues to own 95,997 shares, according to the filing, excluding about 2.9 million issuable in the future and based on performance targets. The company declined to comment.
AMC executives and board members have unloaded more than $70 million in shares this year in a flurry of sales that coincided with the surge in the stock. Forced to shut down during 2020 because of Covid-19, the chain is headed toward its third straight year of losses.
A frequent Twitter user who has embraced AMC’s popularity with retail investors, Aron has defended the preplanned stock sales. He has pointed out that he still owns millions of units of stock in the company, which are mostly in the form of equity grants, as well as performance-based awards.
Separately AMC’s chief financial officer, Sean Goodman, sold all of his 18,316 shares for about $565,000, according to a filing. That doesn’t include almost 600,000 shares that are subject to continued service or targets.
AMC shares fell 8.9% to $29.46 in New York. The stock has gained nearly 14-fold this year.
(Updates with CFO sale in penultimate paragraph.)
$AMC -i did get some puts in though…and some calls lol
What do you guys think of Dec 23 puts on AAPL.
How long can it stay at ATH?
How long can it stay at ATH?
Apple has been in beast mode lately and eventually it has to dip but it might bounce right back up. A Put might work but you have to keep a eye on it.
Move over Kylie Jenner, there's a new 20-something billionaire on the block and he's kicking it in a house that would even make her blush -- a hilltop mansion with a view ... an $83 MILLION view!!!
This badass pad -- that looks like a mountaintop fortress from a 'Bond' movie -- belongs to Austin Russell, the 26-year-old founder of a company called Luminar.
26-Year-Old Billionaire Buys $83 Million Pacific Palisades Mansion
Move over Kylie Jenner, there's a new 20-something billionaire on the block and he's kicking it in a house that would even make her blush -- a hilltop mansion with a view ... an $83 MILLION view!!!
www.tmz.com
Austin Russell Buys $83 Million Pacific Palisades Mansion
Austin Russell Buys $83 Million Pacific Palisades Mansion
www.tmz.com
Robb Report Celebrity Homes | Luxury Celebrity Real Estate and Home Sales
The latest updates from the sale and purchases of celebrity homes, curated by Robb Report editors.
www.dirt.com
Austin Russell
#1818 Austin Russell on the 2022 Billionaires - Aided by a $100,000 Thiel Fellowship, the optics prodigy and Stanford dropout founded Luminar at age 17
www.forbes.com
Hope y'all bought the dip
Airbnb, Lucid and Zscaler Added to Nasdaq 100 Tech Benchmark
www.bloomberg.com
Airbnb, Lucid and Zscaler Added to Nasdaq 100 Tech Benchmark
Airbnb, Lucid and Zscaler Added to Nasdaq 100 Tech Benchmark
Six stocks, including Airbnb Inc. and Lucid Group Inc., will be added to the Nasdaq 100 index as part of its annual reconstitution, which adjusts the tech benchmark’s membership for changes in market capitalization.
www.bloomberg.com
I follow this dude, he always has good insight. Most of the time he's confirming what I already see and am about to pounce on.
Thats cool, because it's me.
Thats cool, because it's me.
Hey dude great channel.
But
You need to monetize it more.
First thing I did was to subscribe of course but I checked to see if you had a Twitter. Your channel will gain more following using the usual social media platforms like many other influences do.
I forwarded your channel a few times to a few colleagues.
I look forward to seeing what's on your radar for upcoming weeks.
Thats cool, because it's me.
Cool, I'll subscribe.
Thats cool, because it's me.
Subscribed
Appreciate it.
Is anything up today? I mean goddamn.
apple was earlier
The strategic acquisition will see Rocket Lab add the world’s largest production line of high-performing space solar cells to the Company’s growing space systems business
LONG BEACH, Calif.--(BUSINESS WIRE)-- Rocket Lab USA, Inc. (NASDAQ:RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has signed a definitive agreement to acquire SolAero Holdings, Inc. (SolAero), a premier supplier of space solar power products and precision aerospace structures for the global aerospace market, for $80 million in cash. The acquisition is expected to close in the first quarter of 2022.
solaerotech.com
$RKLB
LONG BEACH, Calif.--(BUSINESS WIRE)-- Rocket Lab USA, Inc. (NASDAQ:RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has signed a definitive agreement to acquire SolAero Holdings, Inc. (SolAero), a premier supplier of space solar power products and precision aerospace structures for the global aerospace market, for $80 million in cash. The acquisition is expected to close in the first quarter of 2022.
Solar Solutions | Rocket Lab
In 2022, Rocket Lab acquired leading satellite solar power producer SolAero Technologies. Today, we create world-class innovative solutions that are powering the space industry. producer SolAero Technologies. Today, we create world-class innovative solutions that are powering the space industry.
$RKLB
The strategic acquisition will see Rocket Lab add the world’s largest production line of high-performing space solar cells to the Company’s growing space systems business
LONG BEACH, Calif.--(BUSINESS WIRE)-- Rocket Lab USA, Inc. (NASDAQ:RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has signed a definitive agreement to acquire SolAero Holdings, Inc. (SolAero), a premier supplier of space solar power products and precision aerospace structures for the global aerospace market, for $80 million in cash. The acquisition is expected to close in the first quarter of 2022.
Solar Solutions | Rocket Lab
In 2022, Rocket Lab acquired leading satellite solar power producer SolAero Technologies. Today, we create world-class innovative solutions that are powering the space industry. producer SolAero Technologies. Today, we create world-class innovative solutions that are powering the space industry.
$RKLB
Yea buddy
.... thanks for the update. I been ignoring the market news lately, just tryna be slow and steady..
Yea buddy
.... thanks for the update. I been ignoring the market news lately, just tryna be slow and steady..
I'm feeling their buys lately. Beck looks like he is planning on building bigger satellites.
The real sell off wont happen until Wednesday depending on what Powell says.
sold out of arkg- for tax loss harvesting
kept arkk- but wont add anymore
keep buying apple, pltr and small nibbles at sq
sq is painful to do, but i liked it at 250
so i fucking love it at 180
have a warchest i had been building for feb/march
but seems i might use it up sooner than that
kept arkk- but wont add anymore
keep buying apple, pltr and small nibbles at sq
sq is painful to do, but i liked it at 250
so i fucking love it at 180
have a warchest i had been building for feb/march
but seems i might use it up sooner than that
sold out of arkg- for tax loss harvesting
kept arkk- but wont add anymore
keep buying apple, pltr and small nibbles at sq
sq is painful to do, but i liked it at 250
so i fucking love it at 180
have a warchest i had been building for feb/march
but seems i might use it up sooner than that
So tempting to sell ARKK
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