r/Offwallstreetbets

ALL stories eventually END, the pages are turned and the cover gets closed, done over. CRUSH thru all the hype, fluff, etc. from false advertising and marketing. Just like glue holding sesame seeds on a burger bun commercial - its misleading, false, untrue, deceptive. It does NOT pass the smell test, or taste test, or actually "cutting thru the middle" to see what is inside - test. The financing will end, there is no equity, no assets, no worth, no value . Built on fraud, house of cards, shell companies, etc.

Volume: high

Candle: bearish engulfing

9 d ema: below

Action details:

On MON, cleanly failed against the highs of 01JUN26 and 26JUN26. Also, attempted, but failed to close over the 9 d ema. On TUES, made a false break below 23JUN26. On WED, cleanly failed to take out the low of 26JUN26. On WED and THURS, went down and tested but closed above the 200 d sma. On THURS, went down on higher volume, but had an inside day.

Also, THURS had the highest off-exchange volume since early MAY26. Thus, much of the short covering was done off-exchange. Off-exchange volume was back up all week after being down on FRI. That helps explain the lack luster performance all week.

The downslide seems to have been stopped by the band of support from the 1st ten days of JUN26.

In DEC25, amendment of the Cert. of Incorporation to double the number of shares of class A common stock from 550M to 1.1B was approved. There currently 893M shares outstanding. So, only ~200M more shares can be issued (another amendment would be needed to issue more.) Thus, there could be a couple more big hits to the stock price coming.

A one for ten reverse stock split would not be a surprise.

Down on a down day for stocks and a down day for it's competitors (CNK & IMAX.)

The most recent big FTD days(settlement, shares): 01JUN26, 1.5M; 02JUN26, 3.6M.

Expecting a green week for AMC. Drivers are strong JUN26 box office numbers and strong 4th of July weekend box office numbers.

IF you ever found actual, real, honest, SALES or REVENUE quantifiable numbers ,

on the roameo units, please post, share, inform, educate any and all investors.

I call complete VOODOO on AITX for falsifying the narratives, stories, press releases

--- these guys are desperate, because, no stock sales = the doors close permanently !!!!

Volume: high

Candle: bullish engulfing

9 d ema: went up and tested it, but closed back down below

Action details:

Reached up to 3.04 in the pre-market on MON and then was a downtown train once the regular session opened. The decline smacked of an information leak/insider trading on the stock offering announced on TUES. Not a bad idea to announce the offering during the strength of the holiday weekend exuberance. Otherwise, the news would have come during a time when holders were more demoralized and thus more likely to sell. Also, the downfall would have been from a lower point and create greater fear by digging down into even lower price levels.

The stock issuance was $200M (95.25M shares @ $2.10) in exchange for debt notes that were called in. Purpose was to strengthen the balance sheet and upgrade theaters. In DEC25, amendment of the Cert. of Incorporation to double the number of shares of class A common stock from 550M to 1.1B was approved. So far, only a small % of the additional shares have been issued.

More downside on THURS when the shares were issued, but tested and cleanly failed to take out the low of 01JUN26 as well as tested and failed to close below the 200 d sma. Also had a false break below TUES. All positive signs for FRI.

On FRI, bullishly engulfed the last three days. False break over TUES. Closed well above the 200 d sma. Closed up inside the MON-TUES down gap. The downslide seems to have been stopped by the band of support from the 1st ten days of JUN26. Less than 38% off-exchange volume on FRI - that is very low for AMC. No wonder it rallied so well; the usual amount of off-exchange short covering wasn't present.

Finishing the week above the 2.0 line is a reassuring confidence builder.

Up on a mixed day for stocks and a mixed day for it's competitors (CNK & IMAX.)

Per 15JUN26 FINRA data, the shorts on AMC are about the same as the last FINRA report.

How exactly does anyone decide to by security from a sub-penny stock company born out a trucking logistics company which suddenly pivots to artificial intelligence robotics and security hardware software ?

Top (The guy in the tree): Me, putting all my money into a "safe" 4% savings account.
Bottom (The fighting dogs): Institutional algorithms battling over 0.001 cent differences while the economy burns. 
I think climbing the tree of "safe haven assets" means I win.
But really, I just end up stuck in mid-air, entirely paralyzed, forced to watch two hounds (bulls and bears) beat each other senseless with clubs. At least they are getting some exercises.
I'm just getting leg cramps.