I believe it's something to do with movie pass, but I can see this getting shorted like crazy and crashing back down to earth once the excitement wears off.
@leonx81 thank you for this hit piece news b/c have been playing this but to scared to hold based on past play & just posted in daily that i was thinking about picking up some to hold o/n so maybe i best not!
Bought back those shares I sold. Paid 24.50. I have no problem with the deal. I think it's good. Moviepass was obviously gonna hit the private investment market again. Im happy it was hmny again. First deal valued moviepass at 50m this one is 250m. Hmny got way over extended but unlike last year with red zone moviepass will grow to be a big company. Just my opinion though
Didn't know "Batman" was behind VRX fall but know VERI took a big hit but Barrons/Roth article helped to stabilize that fall a bit but still not trading like it was so will be interesting to see what happens here over the next few days >>> Helios And Matheson Analytics (HMNY) Stock: This Is Just The Beginning - https://cnafinance.com/helios-and-matheson-analytics-hmny-stock-this-is-just-the-beginning/16757
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So in addition to Adam F- looks like i will have to also pay more attention to Batman as well b/c he too has wreaked some havoc on 3 of my plays BUT looks like he is done "Covering $hmny. Don’t like to stay short companies that are expected to lose money high borrow $ hit tgt price in one day. all timing" https://twitter.com/CitronResearch
Unfortunately it’s going down to about $12, then a more “natural” growth back to the 20s. All-in-all it’s a good product.
^^Have been watching it move b/c short restriction put in place yesterday which usually means a good day for HMNY BUT that was before Batman so sitting on sidelines for today