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Stellaching

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2021-06-03

Haha

AMC: Hedge Fund 1-0 Reddit Army<blockquote>AMC：对冲基金1-0 Reddit军队</blockquote>

2021-06-03

Damnnn

Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是Sundial Growers、Tilray和其他大麻股票今天飙升的原因</blockquote>

2021-05-12

Hopefully 3rd qtr will be better

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2021-05-06

Wow!

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2021-05-06

Amazing

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Normally, capital raises cause stock prices to fall, not increase. The hedge fund looks to have turned the tables on the Reddit army.</p><p><blockquote>AMC院线(AMC)宣布向投资基金私募股票后，该公司股价周二又飙升23%。通常情况下，融资会导致股价下跌，而不是上涨。这家对冲基金似乎扭转了Reddit大军的局面。</blockquote></p><p> <b>Reason for AMC's price reaction</b></p><p><blockquote><b>AMC价格反应原因</b></blockquote></p><p> Movie theater company AMC just did what a lot of companies do that have a lot of debt to service and need to confront an uncertain future… they offer new shares to investors and use the funds as a life line to survive.</p><p><blockquote>电影院公司AMC刚刚做了许多公司所做的事情，这些公司有大量债务需要偿还，需要面对不确定的未来……他们向投资者提供新股，并将资金用作生存的生命线。</blockquote></p><p> AMC issued&nbsp;8,500,000 shares&nbsp;for $230,500,000 to an investment firm named Mudrick Capital Management, LP. The investment firm has a focus on event-driven investing and distressed debt.</p><p><blockquote>AMC以230,500,000美元的价格向一家名为Mudrick Capital Management，LP的投资公司发行了8,500,000股股票。该投资公司专注于事件驱动型投资和不良债务。</blockquote></p><p> AMC said that it will use the proceeds from the capital raise for the \"pursuit of value creating acquisitions of theater assets and leases, as well as investments to enhance the consumer appeal of its theaters\".</p><p><blockquote>AMC表示，将把此次融资所得用于“追求创造价值的影院资产和租赁收购，以及增强影院消费者吸引力的投资”。</blockquote></p><p> Fresh capital is much needed. AMC's revenues cratered during the pandemic and the theater chain is still suffering from COVID-19 shutdown restrictions and social distancing regulations.</p><p><blockquote>非常需要新的资本。AMC的收入在大流行期间大幅下降，该连锁影院仍受到COVID-19关闭限制和社交距离规定的影响。</blockquote></p><p> Although AMC's revenues are expected to bounce back this year as the pandemic seemingly comes to an end, COVID-19 may have changed movie viewing habits permanently.</p><p><blockquote>尽管随着疫情似乎即将结束，AMC的收入预计今年将反弹，但COVID-19可能已经永久改变了观影习惯。</blockquote></p><p> One big challenge for AMC will be to get viewers back into its movie theaters. Streaming already was a competitive threat to the industry before COVID-19 and the pandemic may have accelerated this trend. A lot of people seem to have&nbsp;serious anxiety&nbsp;regarding a lockdown exit, so there is a valid question to be asked if movie theaters can really return to normal once the pandemic ends.</p><p><blockquote>AMC面临的一大挑战是让观众重返电影院。在新冠肺炎和疫情可能加速这一趋势之前，流媒体已经对该行业构成了竞争威胁。很多人似乎对封锁出口有严重的焦虑，所以有一个合理的问题要问，一旦疫情结束，电影院是否真的能恢复正常。</blockquote></p><p> But back to AMC's announcement.</p><p><blockquote>但回到AMC的公告。</blockquote></p><p> Shares of AMC surged 23% on Tuesday, which brings the total year-to-date return to more than 1,500%.</p><p><blockquote>AMC股价周二飙升23%，今年迄今的总回报率超过1,500%。</blockquote></p><p> Looking at the technical situation of AMC… shares are now very, very much overbought...</p><p><blockquote>看看AMC的技术状况……股票现在非常非常超买……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eda20bf9503e3abf095e0fb05639597b\" tg-width=\"1267\" tg-height=\"727\"><span>(Source: TradingView)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：TradingView）</span></p></blockquote></p><p> AMC's trading volume on Tuesday was almost 500% the average trading volume with almost half a billion shares being bought and sold…</p><p><blockquote>AMC周二的交易量几乎是平均交易量的500%，买卖了近5亿股……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/188015773070c85dac8627ef00d7320a\" tg-width=\"418\" tg-height=\"287\"><span>(Source: ShortSqueeze)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：ShortSqueeze）</span></p></blockquote></p><p> However, the price reaction literally makes no sense given that the firm announced a capital raise, which increases the number of shares. As more shares are issued, the firms EPS is poised to decline as earnings are distributed over a larger amount of outstanding shares. The reaction to a capital raise is typically for the share price to fall, not to increase.</p><p><blockquote>然而，鉴于该公司宣布融资，从而增加了股票数量，价格反应实际上毫无意义。随着越来越多的股票发行，公司的每股收益将会下降，因为收益分配给更多的已发行股票。对融资的反应通常是股价下跌，而不是上涨。</blockquote></p><p> AMC now has a market capitalization of $14.4b compared to less than $1b in January...</p><p><blockquote>AMC目前的市值为144亿美元，而1月份的市值还不到10亿美元……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/466ba9dd813555ed3675587a5cc6c834\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> <b>A hedge fund is turning the tables on the Reddit army…</b></p><p><blockquote><b>一家对冲基金正在扭转Reddit军队的局面……</b></blockquote></p><p> Mudrick Capital Management is said to have already&nbsp;exited its position&nbsp;in AMC after making a quick 20% on Tuesday. So Mudrick Capital Management is not a long term investor that is bringing its distressed debt and special situation expertise to AMC… the whole thing was really just a quick flip as the investment firm offloaded overpriced shares to retail investors that continue to buy into the frenzy because they hope for a short squeeze. The firm itself brazenly called AMC \"massively overvalued.\" If the firm made a 20% return on its invested capital, it secured $46m in profits yesterday… not bad for a day's work!</p><p><blockquote>据称，Mudrick Capital Management在周二快速上涨20%后已经退出了其在AMC的头寸。因此，Mudrick Capital Management并不是一个将其不良债务和特殊情况专业知识带到AMC的长期投资者……整个事情实际上只是一个快速翻转，因为该投资公司将定价过高的股票出售给继续疯狂买入的散户投资者，因为他们希望出现空头挤压。该公司本身厚颜无耻地称AMC“被严重高估”。如果该公司的投资资本回报率为20%，那么它昨天就获得了4600万美元的利润……对于一天的工作来说已经不错了！</blockquote></p><p> While AMC was likely happy to get an equity raise done at this valuation, the hedge fund sold its stake faster than AMC could get the filing about its unregistered sale of equity securities out...</p><p><blockquote>虽然AMC可能很高兴以这一估值完成股权融资，但该对冲基金出售其股份的速度比AMC提交有关其未注册出售股权证券的文件的速度还要快...</blockquote></p><p> <b>Extreme volatility and risks...</b></p><p><blockquote><b>极端波动性和风险...</b></blockquote></p><p> AMC's valuation has become even more ludicrous on Tuesday than it already was before. The movie theater chain, which was close to bankruptcy just a few months ago, now trades at a P-S ratio of 3.</p><p><blockquote>周二，AMC的估值变得比以前更加荒谬。这家连锁电影院几个月前还濒临破产，现在的市盈率为3。</blockquote></p><p> Cinemark Holdings (CNK), a theater rival which may itself be overvalued, trades at a P-S ratio of 1.0.</p><p><blockquote>喜满客控股(CNK)是一家影院竞争对手，其本身可能被高估，其市盈率为1.0。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81c3d9572182dca54c798bab323e99b2\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The risk here is immeasurable because neither the price action nor the valuation makes any sense for AMC.</p><p><blockquote>这里的风险是不可估量的，因为价格走势和估值对AMC来说都没有任何意义。</blockquote></p><p> AMC's price should have gone down yesterday, not up because a capital raise is dilutive... but nothing makes sense anymore when it comes to AMC.</p><p><blockquote>AMC的价格昨天应该下跌，而不是上涨，因为融资会稀释……但对于AMC来说，一切都不再有意义了。</blockquote></p><p> AMC is trading independently of its business numbers and growth prospects and the risk of losing everything in this \"investment\" is extremely high.</p><p><blockquote>AMC的交易独立于其业务数量和增长前景，在这项“投资”中失去一切的风险极高。</blockquote></p><p> <b>Closing thoughts</b></p><p><blockquote><b>结束语</b></blockquote></p><p> A hedge fund just had a big victory and nobody seems to notice or care.</p><p><blockquote>一家对冲基金刚刚取得了巨大胜利，但似乎没有人注意到或关心。</blockquote></p><p> You literally had a hedge fund flipping its stake in AMC to the Reddit army at a massively overpriced valuation and explicitly calling AMC \"overvalued.\" It can't get any more brazen than this. Please be careful.</p><p><blockquote>实际上，一家对冲基金以大幅高估的估值将其在AMC的股份出售给Reddit大军，并明确称AMC“估值过高”。没有比这更厚颜无耻的了。请小心。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC: Hedge Fund 1-0 Reddit Army<blockquote>AMC：对冲基金1-0 Reddit军队</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC: Hedge Fund 1-0 Reddit Army<blockquote>AMC：对冲基金1-0 Reddit军队</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-03 16:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Shares of AMC surged 23% on news of a private share placement.</li>  <li>Private share placements dilute shareholders and AMC's price should have gone down, not surged.</li>  <li>It looks as if this hedge fund just monetized the Reddit army.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/072cd9d13e01f3f3defe064d4bcf6589\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Tom Cooper/Getty Images Entertainment via Getty Images</span></p><p><blockquote><ul><li>受定向增发消息影响，AMC股价飙升23%。</li><li>私募股权稀释了股东权益，AMC的价格应该下跌，而不是飙升。</li><li>看起来这家对冲基金刚刚将Reddit军队货币化了。</li></ul><p class=\"t-img-caption\"><span>摄影：汤姆·库珀/盖蒂图片社娱乐公司，盖蒂图片社</span></p></blockquote></p><p> Shares of AMC Entertainment (AMC) surged another 23% on Tuesday after the movie theater chain announced a private placement of shares to an investment fund. Normally, capital raises cause stock prices to fall, not increase. The hedge fund looks to have turned the tables on the Reddit army.</p><p><blockquote>AMC院线(AMC)宣布向投资基金私募股票后，该公司股价周二又飙升23%。通常情况下，融资会导致股价下跌，而不是上涨。这家对冲基金似乎扭转了Reddit大军的局面。</blockquote></p><p> <b>Reason for AMC's price reaction</b></p><p><blockquote><b>AMC价格反应原因</b></blockquote></p><p> Movie theater company AMC just did what a lot of companies do that have a lot of debt to service and need to confront an uncertain future… they offer new shares to investors and use the funds as a life line to survive.</p><p><blockquote>电影院公司AMC刚刚做了许多公司所做的事情，这些公司有大量债务需要偿还，需要面对不确定的未来……他们向投资者提供新股，并将资金用作生存的生命线。</blockquote></p><p> AMC issued&nbsp;8,500,000 shares&nbsp;for $230,500,000 to an investment firm named Mudrick Capital Management, LP. The investment firm has a focus on event-driven investing and distressed debt.</p><p><blockquote>AMC以230,500,000美元的价格向一家名为Mudrick Capital Management，LP的投资公司发行了8,500,000股股票。该投资公司专注于事件驱动型投资和不良债务。</blockquote></p><p> AMC said that it will use the proceeds from the capital raise for the \"pursuit of value creating acquisitions of theater assets and leases, as well as investments to enhance the consumer appeal of its theaters\".</p><p><blockquote>AMC表示，将把此次融资所得用于“追求创造价值的影院资产和租赁收购，以及增强影院消费者吸引力的投资”。</blockquote></p><p> Fresh capital is much needed. AMC's revenues cratered during the pandemic and the theater chain is still suffering from COVID-19 shutdown restrictions and social distancing regulations.</p><p><blockquote>非常需要新的资本。AMC的收入在大流行期间大幅下降，该连锁影院仍受到COVID-19关闭限制和社交距离规定的影响。</blockquote></p><p> Although AMC's revenues are expected to bounce back this year as the pandemic seemingly comes to an end, COVID-19 may have changed movie viewing habits permanently.</p><p><blockquote>尽管随着疫情似乎即将结束，AMC的收入预计今年将反弹，但COVID-19可能已经永久改变了观影习惯。</blockquote></p><p> One big challenge for AMC will be to get viewers back into its movie theaters. Streaming already was a competitive threat to the industry before COVID-19 and the pandemic may have accelerated this trend. A lot of people seem to have&nbsp;serious anxiety&nbsp;regarding a lockdown exit, so there is a valid question to be asked if movie theaters can really return to normal once the pandemic ends.</p><p><blockquote>AMC面临的一大挑战是让观众重返电影院。在新冠肺炎和疫情可能加速这一趋势之前，流媒体已经对该行业构成了竞争威胁。很多人似乎对封锁出口有严重的焦虑，所以有一个合理的问题要问，一旦疫情结束，电影院是否真的能恢复正常。</blockquote></p><p> But back to AMC's announcement.</p><p><blockquote>但回到AMC的公告。</blockquote></p><p> Shares of AMC surged 23% on Tuesday, which brings the total year-to-date return to more than 1,500%.</p><p><blockquote>AMC股价周二飙升23%，今年迄今的总回报率超过1,500%。</blockquote></p><p> Looking at the technical situation of AMC… shares are now very, very much overbought...</p><p><blockquote>看看AMC的技术状况……股票现在非常非常超买……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eda20bf9503e3abf095e0fb05639597b\" tg-width=\"1267\" tg-height=\"727\"><span>(Source: TradingView)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：TradingView）</span></p></blockquote></p><p> AMC's trading volume on Tuesday was almost 500% the average trading volume with almost half a billion shares being bought and sold…</p><p><blockquote>AMC周二的交易量几乎是平均交易量的500%，买卖了近5亿股……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/188015773070c85dac8627ef00d7320a\" tg-width=\"418\" tg-height=\"287\"><span>(Source: ShortSqueeze)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：ShortSqueeze）</span></p></blockquote></p><p> However, the price reaction literally makes no sense given that the firm announced a capital raise, which increases the number of shares. As more shares are issued, the firms EPS is poised to decline as earnings are distributed over a larger amount of outstanding shares. The reaction to a capital raise is typically for the share price to fall, not to increase.</p><p><blockquote>然而，鉴于该公司宣布融资，从而增加了股票数量，价格反应实际上毫无意义。随着越来越多的股票发行，公司的每股收益将会下降，因为收益分配给更多的已发行股票。对融资的反应通常是股价下跌，而不是上涨。</blockquote></p><p> AMC now has a market capitalization of $14.4b compared to less than $1b in January...</p><p><blockquote>AMC目前的市值为144亿美元，而1月份的市值还不到10亿美元……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/466ba9dd813555ed3675587a5cc6c834\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> <b>A hedge fund is turning the tables on the Reddit army…</b></p><p><blockquote><b>一家对冲基金正在扭转Reddit军队的局面……</b></blockquote></p><p> Mudrick Capital Management is said to have already&nbsp;exited its position&nbsp;in AMC after making a quick 20% on Tuesday. So Mudrick Capital Management is not a long term investor that is bringing its distressed debt and special situation expertise to AMC… the whole thing was really just a quick flip as the investment firm offloaded overpriced shares to retail investors that continue to buy into the frenzy because they hope for a short squeeze. The firm itself brazenly called AMC \"massively overvalued.\" If the firm made a 20% return on its invested capital, it secured $46m in profits yesterday… not bad for a day's work!</p><p><blockquote>据称，Mudrick Capital Management在周二快速上涨20%后已经退出了其在AMC的头寸。因此，Mudrick Capital Management并不是一个将其不良债务和特殊情况专业知识带到AMC的长期投资者……整个事情实际上只是一个快速翻转，因为该投资公司将定价过高的股票出售给继续疯狂买入的散户投资者，因为他们希望出现空头挤压。该公司本身厚颜无耻地称AMC“被严重高估”。如果该公司的投资资本回报率为20%，那么它昨天就获得了4600万美元的利润……对于一天的工作来说已经不错了！</blockquote></p><p> While AMC was likely happy to get an equity raise done at this valuation, the hedge fund sold its stake faster than AMC could get the filing about its unregistered sale of equity securities out...</p><p><blockquote>虽然AMC可能很高兴以这一估值完成股权融资，但该对冲基金出售其股份的速度比AMC提交有关其未注册出售股权证券的文件的速度还要快...</blockquote></p><p> <b>Extreme volatility and risks...</b></p><p><blockquote><b>极端波动性和风险...</b></blockquote></p><p> AMC's valuation has become even more ludicrous on Tuesday than it already was before. The movie theater chain, which was close to bankruptcy just a few months ago, now trades at a P-S ratio of 3.</p><p><blockquote>周二，AMC的估值变得比以前更加荒谬。这家连锁电影院几个月前还濒临破产，现在的市盈率为3。</blockquote></p><p> Cinemark Holdings (CNK), a theater rival which may itself be overvalued, trades at a P-S ratio of 1.0.</p><p><blockquote>喜满客控股(CNK)是一家影院竞争对手，其本身可能被高估，其市盈率为1.0。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81c3d9572182dca54c798bab323e99b2\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The risk here is immeasurable because neither the price action nor the valuation makes any sense for AMC.</p><p><blockquote>这里的风险是不可估量的，因为价格走势和估值对AMC来说都没有任何意义。</blockquote></p><p> AMC's price should have gone down yesterday, not up because a capital raise is dilutive... but nothing makes sense anymore when it comes to AMC.</p><p><blockquote>AMC的价格昨天应该下跌，而不是上涨，因为融资会稀释……但对于AMC来说，一切都不再有意义了。</blockquote></p><p> AMC is trading independently of its business numbers and growth prospects and the risk of losing everything in this \"investment\" is extremely high.</p><p><blockquote>AMC的交易独立于其业务数量和增长前景，在这项“投资”中失去一切的风险极高。</blockquote></p><p> <b>Closing thoughts</b></p><p><blockquote><b>结束语</b></blockquote></p><p> A hedge fund just had a big victory and nobody seems to notice or care.</p><p><blockquote>一家对冲基金刚刚取得了巨大胜利，但似乎没有人注意到或关心。</blockquote></p><p> You literally had a hedge fund flipping its stake in AMC to the Reddit army at a massively overpriced valuation and explicitly calling AMC \"overvalued.\" It can't get any more brazen than this. Please be careful.</p><p><blockquote>实际上，一家对冲基金以大幅高估的估值将其在AMC的股份出售给Reddit大军，并明确称AMC“估值过高”。没有比这更厚颜无耻的了。请小心。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4432676-amc-hedge-fund-reddit-army\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://seekingalpha.com/article/4432676-amc-hedge-fund-reddit-army","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178258633","content_text":"Summary\n\nShares of AMC surged 23% on news of a private share placement.\nPrivate share placements dilute shareholders and AMC's price should have gone down, not surged.\nIt looks as if this hedge fund just monetized the Reddit army.\n\nPhoto by Tom Cooper/Getty Images Entertainment via Getty Images\nShares of AMC Entertainment (AMC) surged another 23% on Tuesday after the movie theater chain announced a private placement of shares to an investment fund. Normally, capital raises cause stock prices to fall, not increase. The hedge fund looks to have turned the tables on the Reddit army.\nReason for AMC's price reaction\nMovie theater company AMC just did what a lot of companies do that have a lot of debt to service and need to confront an uncertain future… they offer new shares to investors and use the funds as a life line to survive.\nAMC issued 8,500,000 shares for $230,500,000 to an investment firm named Mudrick Capital Management, LP. The investment firm has a focus on event-driven investing and distressed debt.\nAMC said that it will use the proceeds from the capital raise for the \"pursuit of value creating acquisitions of theater assets and leases, as well as investments to enhance the consumer appeal of its theaters\".\nFresh capital is much needed. AMC's revenues cratered during the pandemic and the theater chain is still suffering from COVID-19 shutdown restrictions and social distancing regulations.\nAlthough AMC's revenues are expected to bounce back this year as the pandemic seemingly comes to an end, COVID-19 may have changed movie viewing habits permanently.\nOne big challenge for AMC will be to get viewers back into its movie theaters. Streaming already was a competitive threat to the industry before COVID-19 and the pandemic may have accelerated this trend. A lot of people seem to have serious anxiety regarding a lockdown exit, so there is a valid question to be asked if movie theaters can really return to normal once the pandemic ends.\nBut back to AMC's announcement.\nShares of AMC surged 23% on Tuesday, which brings the total year-to-date return to more than 1,500%.\nLooking at the technical situation of AMC… shares are now very, very much overbought...\n(Source: TradingView)\nAMC's trading volume on Tuesday was almost 500% the average trading volume with almost half a billion shares being bought and sold…\n(Source: ShortSqueeze)\nHowever, the price reaction literally makes no sense given that the firm announced a capital raise, which increases the number of shares. As more shares are issued, the firms EPS is poised to decline as earnings are distributed over a larger amount of outstanding shares. The reaction to a capital raise is typically for the share price to fall, not to increase.\nAMC now has a market capitalization of $14.4b compared to less than $1b in January...\nData by YCharts\nA hedge fund is turning the tables on the Reddit army…\nMudrick Capital Management is said to have already exited its position in AMC after making a quick 20% on Tuesday. So Mudrick Capital Management is not a long term investor that is bringing its distressed debt and special situation expertise to AMC… the whole thing was really just a quick flip as the investment firm offloaded overpriced shares to retail investors that continue to buy into the frenzy because they hope for a short squeeze. The firm itself brazenly called AMC \"massively overvalued.\" If the firm made a 20% return on its invested capital, it secured $46m in profits yesterday… not bad for a day's work!\nWhile AMC was likely happy to get an equity raise done at this valuation, the hedge fund sold its stake faster than AMC could get the filing about its unregistered sale of equity securities out...\nExtreme volatility and risks...\nAMC's valuation has become even more ludicrous on Tuesday than it already was before. The movie theater chain, which was close to bankruptcy just a few months ago, now trades at a P-S ratio of 3.\nCinemark Holdings (CNK), a theater rival which may itself be overvalued, trades at a P-S ratio of 1.0.\nData by YCharts\nThe risk here is immeasurable because neither the price action nor the valuation makes any sense for AMC.\nAMC's price should have gone down yesterday, not up because a capital raise is dilutive... but nothing makes sense anymore when it comes to AMC.\nAMC is trading independently of its business numbers and growth prospects and the risk of losing everything in this \"investment\" is extremely high.\nClosing thoughts\nA hedge fund just had a big victory and nobody seems to notice or care.\nYou literally had a hedge fund flipping its stake in AMC to the Reddit army at a massively overpriced valuation and explicitly calling AMC \"overvalued.\" It can't get any more brazen than this. Please be careful.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":1296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118954770,"gmtCreate":1622715411690,"gmtModify":1634098858918,"author":{"id":"3583107295640646","authorId":"3583107295640646","name":"Stellaching","avatar":"https://static.tigerbbs.com/44d42c6d30a2e5188558d76b1f45f1c2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583107295640646","idStr":"3583107295640646"},"themes":[],"htmlText":"Damnnn","listText":"Damnnn","text":"Damnnn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/118954770","repostId":"1128542350","repostType":4,"repost":{"id":"1128542350","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622710475,"share":"https://www.laohu8.com/m/news/1128542350?lang=zh_CN&edition=full","pubTime":"2021-06-03 16:54","market":"us","language":"en","title":"Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是Sundial Growers、Tilray和其他大麻股票今天飙升的原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128542350","media":"Tiger Newspress","summary":"Major employers are signaling their growing support of marijuana reform.","content":"<p>Major employers are signaling their growing support of marijuana reform.</p><p><blockquote>主要雇主表示越来越支持大麻改革。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Cannabis companies received a boost after&nbsp;<b>Amazon</b>&nbsp;said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b>&nbsp;and&nbsp;<b>Cronos&nbsp;</b>rose between 2% and 25%&nbsp;in premarket trading., respectively, on the news.</p><p><blockquote>大麻公司受到提振<b>亚马逊</b>表示将支持联邦大麻合法化的努力。<b>日晷种植者、Tilray、树冠生长、极光大麻</b>和<b>克罗诺斯</b>盘前交易中上涨2%至25%。，分别在新闻上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p><blockquote>亚马逊高管戴夫·克拉克在一篇博客文章中表示，这家电子商务巨头将支持2021年大麻机会再投资和驱逐法案，即MORE法案。这项立法旨在在联邦层面将大麻合法化，并删除与大麻相关的犯罪记录。亚马逊还呼吁其他企业支持该法案。</blockquote></p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p><blockquote>克拉克说：“我们希望其他雇主能够加入我们，政策制定者能够迅速采取行动通过这项法律。”</blockquote></p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p><blockquote>此外，亚马逊将不再筛查其员工是否使用大麻，除非交通部要求这样做。</blockquote></p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><blockquote>克拉克说：“过去，像许多雇主一样，如果大麻使用检测呈阳性的人，我们会取消他们在亚马逊工作的资格。”“然而，考虑到美国各州法律的发展方向，我们已经改变了方针。”</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p><blockquote>这一消息帮助推动许多大麻股的价格在周三走高。投资者押注大麻改革可以让大麻生产商更容易开展业务，并提振休闲消费者的需求。</blockquote></p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</p><p><blockquote>Tilray和Sundial种植者将从中受益。Tilray最近完成了与Aphria的合并，使其成为业内收入最大的公司之一。与此同时，Sundial已通过股票发行筹集了数亿美元，并已开始将其用于一系列以大麻为重点的投资。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是Sundial Growers、Tilray和其他大麻股票今天飙升的原因</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是Sundial Growers、Tilray和其他大麻股票今天飙升的原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-06-03 16:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Major employers are signaling their growing support of marijuana reform.</p><p><blockquote>主要雇主表示越来越支持大麻改革。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Cannabis companies received a boost after&nbsp;<b>Amazon</b>&nbsp;said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b>&nbsp;and&nbsp;<b>Cronos&nbsp;</b>rose between 2% and 25%&nbsp;in premarket trading., respectively, on the news.</p><p><blockquote>大麻公司受到提振<b>亚马逊</b>表示将支持联邦大麻合法化的努力。<b>日晷种植者、Tilray、树冠生长、极光大麻</b>和<b>克罗诺斯</b>盘前交易中上涨2%至25%。，分别在新闻上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p><blockquote>亚马逊高管戴夫·克拉克在一篇博客文章中表示，这家电子商务巨头将支持2021年大麻机会再投资和驱逐法案，即MORE法案。这项立法旨在在联邦层面将大麻合法化，并删除与大麻相关的犯罪记录。亚马逊还呼吁其他企业支持该法案。</blockquote></p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p><blockquote>克拉克说：“我们希望其他雇主能够加入我们，政策制定者能够迅速采取行动通过这项法律。”</blockquote></p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p><blockquote>此外，亚马逊将不再筛查其员工是否使用大麻，除非交通部要求这样做。</blockquote></p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><blockquote>克拉克说：“过去，像许多雇主一样，如果大麻使用检测呈阳性的人，我们会取消他们在亚马逊工作的资格。”“然而，考虑到美国各州法律的发展方向，我们已经改变了方针。”</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p><blockquote>这一消息帮助推动许多大麻股的价格在周三走高。投资者押注大麻改革可以让大麻生产商更容易开展业务，并提振休闲消费者的需求。</blockquote></p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</p><p><blockquote>Tilray和Sundial种植者将从中受益。Tilray最近完成了与Aphria的合并，使其成为业内收入最大的公司之一。与此同时，Sundial已通过股票发行筹集了数亿美元，并已开始将其用于一系列以大麻为重点的投资。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","ACB":"奥罗拉大麻公司","CGC":"Canopy Growth Corporation","MJ":"Amplify Alternative Harvest ETF","CRON":"Cronos Group Inc.","SNDL":"SNDL Inc.","TLRY":"Tilray Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128542350","content_text":"Major employers are signaling their growing support of marijuana reform.What happenedCannabis companies received a boost after Amazon said it would support federal marijuana legalization efforts.Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis and Cronos rose between 2% and 25% in premarket trading., respectively, on the news.So whatAmazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"Now whatThe news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.","news_type":1,"symbols_score_info":{"CGC":0.9,"MJ":0.9,"AMZN":0.9,"TLRY":0.9,"ACB":0.9,"CRON":0.9,"SNDL":0.9}},"isVote":1,"tweetType":1,"viewCount":1815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193755842,"gmtCreate":1620823472386,"gmtModify":1634196059671,"author":{"id":"3583107295640646","authorId":"3583107295640646","name":"Stellaching","avatar":"https://static.tigerbbs.com/44d42c6d30a2e5188558d76b1f45f1c2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583107295640646","idStr":"3583107295640646"},"themes":[],"htmlText":"Hopefully 3rd qtr will be better","listText":"Hopefully 3rd qtr will be better","text":"Hopefully 3rd qtr will be better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193755842","repostId":"1199419646","repostType":4,"isVote":1,"tweetType":1,"viewCount":1611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105204892,"gmtCreate":1620303858116,"gmtModify":1634206250390,"author":{"id":"3583107295640646","authorId":"3583107295640646","name":"Stellaching","avatar":"https://static.tigerbbs.com/44d42c6d30a2e5188558d76b1f45f1c2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583107295640646","idStr":"3583107295640646"},"themes":[],"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/105204892","repostId":"2133387578","repostType":4,"isVote":1,"tweetType":1,"viewCount":1824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105205776,"gmtCreate":1620303770995,"gmtModify":1634206250629,"author":{"id":"3583107295640646","authorId":"3583107295640646","name":"Stellaching","avatar":"https://static.tigerbbs.com/44d42c6d30a2e5188558d76b1f45f1c2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583107295640646","idStr":"3583107295640646"},"themes":[],"htmlText":"Amazing","listText":"Amazing","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105205776","repostId":"2133578813","repostType":4,"isVote":1,"tweetType":1,"viewCount":3487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":118954770,"gmtCreate":1622715411690,"gmtModify":1634098858918,"author":{"id":"3583107295640646","authorId":"3583107295640646","name":"Stellaching","avatar":"https://static.tigerbbs.com/44d42c6d30a2e5188558d76b1f45f1c2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583107295640646","idStr":"3583107295640646"},"themes":[],"htmlText":"Damnnn","listText":"Damnnn","text":"Damnnn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/118954770","repostId":"1128542350","repostType":4,"repost":{"id":"1128542350","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622710475,"share":"https://www.laohu8.com/m/news/1128542350?lang=zh_CN&edition=full","pubTime":"2021-06-03 16:54","market":"us","language":"en","title":"Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是Sundial Growers、Tilray和其他大麻股票今天飙升的原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128542350","media":"Tiger Newspress","summary":"Major employers are signaling their growing support of marijuana reform.","content":"<p>Major employers are signaling their growing support of marijuana reform.</p><p><blockquote>主要雇主表示越来越支持大麻改革。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Cannabis companies received a boost after&nbsp;<b>Amazon</b>&nbsp;said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b>&nbsp;and&nbsp;<b>Cronos&nbsp;</b>rose between 2% and 25%&nbsp;in premarket trading., respectively, on the news.</p><p><blockquote>大麻公司受到提振<b>亚马逊</b>表示将支持联邦大麻合法化的努力。<b>日晷种植者、Tilray、树冠生长、极光大麻</b>和<b>克罗诺斯</b>盘前交易中上涨2%至25%。，分别在新闻上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p><blockquote>亚马逊高管戴夫·克拉克在一篇博客文章中表示，这家电子商务巨头将支持2021年大麻机会再投资和驱逐法案，即MORE法案。这项立法旨在在联邦层面将大麻合法化，并删除与大麻相关的犯罪记录。亚马逊还呼吁其他企业支持该法案。</blockquote></p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p><blockquote>克拉克说：“我们希望其他雇主能够加入我们，政策制定者能够迅速采取行动通过这项法律。”</blockquote></p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p><blockquote>此外，亚马逊将不再筛查其员工是否使用大麻，除非交通部要求这样做。</blockquote></p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><blockquote>克拉克说：“过去，像许多雇主一样，如果大麻使用检测呈阳性的人，我们会取消他们在亚马逊工作的资格。”“然而，考虑到美国各州法律的发展方向，我们已经改变了方针。”</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p><blockquote>这一消息帮助推动许多大麻股的价格在周三走高。投资者押注大麻改革可以让大麻生产商更容易开展业务，并提振休闲消费者的需求。</blockquote></p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</p><p><blockquote>Tilray和Sundial种植者将从中受益。Tilray最近完成了与Aphria的合并，使其成为业内收入最大的公司之一。与此同时，Sundial已通过股票发行筹集了数亿美元，并已开始将其用于一系列以大麻为重点的投资。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是Sundial Growers、Tilray和其他大麻股票今天飙升的原因</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是Sundial Growers、Tilray和其他大麻股票今天飙升的原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-06-03 16:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Major employers are signaling their growing support of marijuana reform.</p><p><blockquote>主要雇主表示越来越支持大麻改革。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Cannabis companies received a boost after&nbsp;<b>Amazon</b>&nbsp;said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b>&nbsp;and&nbsp;<b>Cronos&nbsp;</b>rose between 2% and 25%&nbsp;in premarket trading., respectively, on the news.</p><p><blockquote>大麻公司受到提振<b>亚马逊</b>表示将支持联邦大麻合法化的努力。<b>日晷种植者、Tilray、树冠生长、极光大麻</b>和<b>克罗诺斯</b>盘前交易中上涨2%至25%。，分别在新闻上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p><blockquote>亚马逊高管戴夫·克拉克在一篇博客文章中表示，这家电子商务巨头将支持2021年大麻机会再投资和驱逐法案，即MORE法案。这项立法旨在在联邦层面将大麻合法化，并删除与大麻相关的犯罪记录。亚马逊还呼吁其他企业支持该法案。</blockquote></p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p><blockquote>克拉克说：“我们希望其他雇主能够加入我们，政策制定者能够迅速采取行动通过这项法律。”</blockquote></p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p><blockquote>此外，亚马逊将不再筛查其员工是否使用大麻，除非交通部要求这样做。</blockquote></p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><blockquote>克拉克说：“过去，像许多雇主一样，如果大麻使用检测呈阳性的人，我们会取消他们在亚马逊工作的资格。”“然而，考虑到美国各州法律的发展方向，我们已经改变了方针。”</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p><blockquote>这一消息帮助推动许多大麻股的价格在周三走高。投资者押注大麻改革可以让大麻生产商更容易开展业务，并提振休闲消费者的需求。</blockquote></p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</p><p><blockquote>Tilray和Sundial种植者将从中受益。Tilray最近完成了与Aphria的合并，使其成为业内收入最大的公司之一。与此同时，Sundial已通过股票发行筹集了数亿美元，并已开始将其用于一系列以大麻为重点的投资。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","ACB":"奥罗拉大麻公司","CGC":"Canopy Growth Corporation","MJ":"Amplify Alternative Harvest ETF","CRON":"Cronos Group Inc.","SNDL":"SNDL Inc.","TLRY":"Tilray Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128542350","content_text":"Major employers are signaling their growing support of marijuana reform.What happenedCannabis companies received a boost after Amazon said it would support federal marijuana legalization efforts.Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis and Cronos rose between 2% and 25% in premarket trading., respectively, on the news.So whatAmazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"Now whatThe news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.","news_type":1,"symbols_score_info":{"CGC":0.9,"MJ":0.9,"AMZN":0.9,"TLRY":0.9,"ACB":0.9,"CRON":0.9,"SNDL":0.9}},"isVote":1,"tweetType":1,"viewCount":1815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105204892,"gmtCreate":1620303858116,"gmtModify":1634206250390,"author":{"id":"3583107295640646","authorId":"3583107295640646","name":"Stellaching","avatar":"https://static.tigerbbs.com/44d42c6d30a2e5188558d76b1f45f1c2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583107295640646","idStr":"3583107295640646"},"themes":[],"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/105204892","repostId":"2133387578","repostType":4,"isVote":1,"tweetType":1,"viewCount":1824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193755842,"gmtCreate":1620823472386,"gmtModify":1634196059671,"author":{"id":"3583107295640646","authorId":"3583107295640646","name":"Stellaching","avatar":"https://static.tigerbbs.com/44d42c6d30a2e5188558d76b1f45f1c2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583107295640646","idStr":"3583107295640646"},"themes":[],"htmlText":"Hopefully 3rd qtr will be better","listText":"Hopefully 3rd qtr will be better","text":"Hopefully 3rd qtr will be better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193755842","repostId":"1199419646","repostType":4,"isVote":1,"tweetType":1,"viewCount":1611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118946608,"gmtCreate":1622715766604,"gmtModify":1634098855076,"author":{"id":"3583107295640646","authorId":"3583107295640646","name":"Stellaching","avatar":"https://static.tigerbbs.com/44d42c6d30a2e5188558d76b1f45f1c2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583107295640646","idStr":"3583107295640646"},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118946608","repostId":"1178258633","repostType":4,"repost":{"id":"1178258633","kind":"news","pubTimestamp":1622709110,"share":"https://www.laohu8.com/m/news/1178258633?lang=zh_CN&edition=full","pubTime":"2021-06-03 16:31","market":"us","language":"en","title":"AMC: Hedge Fund 1-0 Reddit Army<blockquote>AMC：对冲基金1-0 Reddit军队</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178258633","media":"seekingalpha","summary":"Summary\n\nShares of AMC surged 23% on news of a private share placement.\nPrivate share placements dil","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Shares of AMC surged 23% on news of a private share placement.</li>  <li>Private share placements dilute shareholders and AMC's price should have gone down, not surged.</li>  <li>It looks as if this hedge fund just monetized the Reddit army.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/072cd9d13e01f3f3defe064d4bcf6589\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Tom Cooper/Getty Images Entertainment via Getty Images</span></p><p><blockquote><ul><li>受定向增发消息影响，AMC股价飙升23%。</li><li>私募股权稀释了股东权益，AMC的价格应该下跌，而不是飙升。</li><li>看起来这家对冲基金刚刚将Reddit军队货币化了。</li></ul><p class=\"t-img-caption\"><span>摄影：汤姆·库珀/盖蒂图片社娱乐公司，盖蒂图片社</span></p></blockquote></p><p> Shares of AMC Entertainment (AMC) surged another 23% on Tuesday after the movie theater chain announced a private placement of shares to an investment fund. Normally, capital raises cause stock prices to fall, not increase. The hedge fund looks to have turned the tables on the Reddit army.</p><p><blockquote>AMC院线(AMC)宣布向投资基金私募股票后，该公司股价周二又飙升23%。通常情况下，融资会导致股价下跌，而不是上涨。这家对冲基金似乎扭转了Reddit大军的局面。</blockquote></p><p> <b>Reason for AMC's price reaction</b></p><p><blockquote><b>AMC价格反应原因</b></blockquote></p><p> Movie theater company AMC just did what a lot of companies do that have a lot of debt to service and need to confront an uncertain future… they offer new shares to investors and use the funds as a life line to survive.</p><p><blockquote>电影院公司AMC刚刚做了许多公司所做的事情，这些公司有大量债务需要偿还，需要面对不确定的未来……他们向投资者提供新股，并将资金用作生存的生命线。</blockquote></p><p> AMC issued&nbsp;8,500,000 shares&nbsp;for $230,500,000 to an investment firm named Mudrick Capital Management, LP. The investment firm has a focus on event-driven investing and distressed debt.</p><p><blockquote>AMC以230,500,000美元的价格向一家名为Mudrick Capital Management，LP的投资公司发行了8,500,000股股票。该投资公司专注于事件驱动型投资和不良债务。</blockquote></p><p> AMC said that it will use the proceeds from the capital raise for the \"pursuit of value creating acquisitions of theater assets and leases, as well as investments to enhance the consumer appeal of its theaters\".</p><p><blockquote>AMC表示，将把此次融资所得用于“追求创造价值的影院资产和租赁收购，以及增强影院消费者吸引力的投资”。</blockquote></p><p> Fresh capital is much needed. AMC's revenues cratered during the pandemic and the theater chain is still suffering from COVID-19 shutdown restrictions and social distancing regulations.</p><p><blockquote>非常需要新的资本。AMC的收入在大流行期间大幅下降，该连锁影院仍受到COVID-19关闭限制和社交距离规定的影响。</blockquote></p><p> Although AMC's revenues are expected to bounce back this year as the pandemic seemingly comes to an end, COVID-19 may have changed movie viewing habits permanently.</p><p><blockquote>尽管随着疫情似乎即将结束，AMC的收入预计今年将反弹，但COVID-19可能已经永久改变了观影习惯。</blockquote></p><p> One big challenge for AMC will be to get viewers back into its movie theaters. Streaming already was a competitive threat to the industry before COVID-19 and the pandemic may have accelerated this trend. A lot of people seem to have&nbsp;serious anxiety&nbsp;regarding a lockdown exit, so there is a valid question to be asked if movie theaters can really return to normal once the pandemic ends.</p><p><blockquote>AMC面临的一大挑战是让观众重返电影院。在新冠肺炎和疫情可能加速这一趋势之前，流媒体已经对该行业构成了竞争威胁。很多人似乎对封锁出口有严重的焦虑，所以有一个合理的问题要问，一旦疫情结束，电影院是否真的能恢复正常。</blockquote></p><p> But back to AMC's announcement.</p><p><blockquote>但回到AMC的公告。</blockquote></p><p> Shares of AMC surged 23% on Tuesday, which brings the total year-to-date return to more than 1,500%.</p><p><blockquote>AMC股价周二飙升23%，今年迄今的总回报率超过1,500%。</blockquote></p><p> Looking at the technical situation of AMC… shares are now very, very much overbought...</p><p><blockquote>看看AMC的技术状况……股票现在非常非常超买……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eda20bf9503e3abf095e0fb05639597b\" tg-width=\"1267\" tg-height=\"727\"><span>(Source: TradingView)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：TradingView）</span></p></blockquote></p><p> AMC's trading volume on Tuesday was almost 500% the average trading volume with almost half a billion shares being bought and sold…</p><p><blockquote>AMC周二的交易量几乎是平均交易量的500%，买卖了近5亿股……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/188015773070c85dac8627ef00d7320a\" tg-width=\"418\" tg-height=\"287\"><span>(Source: ShortSqueeze)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：ShortSqueeze）</span></p></blockquote></p><p> However, the price reaction literally makes no sense given that the firm announced a capital raise, which increases the number of shares. As more shares are issued, the firms EPS is poised to decline as earnings are distributed over a larger amount of outstanding shares. The reaction to a capital raise is typically for the share price to fall, not to increase.</p><p><blockquote>然而，鉴于该公司宣布融资，从而增加了股票数量，价格反应实际上毫无意义。随着越来越多的股票发行，公司的每股收益将会下降，因为收益分配给更多的已发行股票。对融资的反应通常是股价下跌，而不是上涨。</blockquote></p><p> AMC now has a market capitalization of $14.4b compared to less than $1b in January...</p><p><blockquote>AMC目前的市值为144亿美元，而1月份的市值还不到10亿美元……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/466ba9dd813555ed3675587a5cc6c834\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> <b>A hedge fund is turning the tables on the Reddit army…</b></p><p><blockquote><b>一家对冲基金正在扭转Reddit军队的局面……</b></blockquote></p><p> Mudrick Capital Management is said to have already&nbsp;exited its position&nbsp;in AMC after making a quick 20% on Tuesday. So Mudrick Capital Management is not a long term investor that is bringing its distressed debt and special situation expertise to AMC… the whole thing was really just a quick flip as the investment firm offloaded overpriced shares to retail investors that continue to buy into the frenzy because they hope for a short squeeze. The firm itself brazenly called AMC \"massively overvalued.\" If the firm made a 20% return on its invested capital, it secured $46m in profits yesterday… not bad for a day's work!</p><p><blockquote>据称，Mudrick Capital Management在周二快速上涨20%后已经退出了其在AMC的头寸。因此，Mudrick Capital Management并不是一个将其不良债务和特殊情况专业知识带到AMC的长期投资者……整个事情实际上只是一个快速翻转，因为该投资公司将定价过高的股票出售给继续疯狂买入的散户投资者，因为他们希望出现空头挤压。该公司本身厚颜无耻地称AMC“被严重高估”。如果该公司的投资资本回报率为20%，那么它昨天就获得了4600万美元的利润……对于一天的工作来说已经不错了！</blockquote></p><p> While AMC was likely happy to get an equity raise done at this valuation, the hedge fund sold its stake faster than AMC could get the filing about its unregistered sale of equity securities out...</p><p><blockquote>虽然AMC可能很高兴以这一估值完成股权融资，但该对冲基金出售其股份的速度比AMC提交有关其未注册出售股权证券的文件的速度还要快...</blockquote></p><p> <b>Extreme volatility and risks...</b></p><p><blockquote><b>极端波动性和风险...</b></blockquote></p><p> AMC's valuation has become even more ludicrous on Tuesday than it already was before. The movie theater chain, which was close to bankruptcy just a few months ago, now trades at a P-S ratio of 3.</p><p><blockquote>周二，AMC的估值变得比以前更加荒谬。这家连锁电影院几个月前还濒临破产，现在的市盈率为3。</blockquote></p><p> Cinemark Holdings (CNK), a theater rival which may itself be overvalued, trades at a P-S ratio of 1.0.</p><p><blockquote>喜满客控股(CNK)是一家影院竞争对手，其本身可能被高估，其市盈率为1.0。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81c3d9572182dca54c798bab323e99b2\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The risk here is immeasurable because neither the price action nor the valuation makes any sense for AMC.</p><p><blockquote>这里的风险是不可估量的，因为价格走势和估值对AMC来说都没有任何意义。</blockquote></p><p> AMC's price should have gone down yesterday, not up because a capital raise is dilutive... but nothing makes sense anymore when it comes to AMC.</p><p><blockquote>AMC的价格昨天应该下跌，而不是上涨，因为融资会稀释……但对于AMC来说，一切都不再有意义了。</blockquote></p><p> AMC is trading independently of its business numbers and growth prospects and the risk of losing everything in this \"investment\" is extremely high.</p><p><blockquote>AMC的交易独立于其业务数量和增长前景，在这项“投资”中失去一切的风险极高。</blockquote></p><p> <b>Closing thoughts</b></p><p><blockquote><b>结束语</b></blockquote></p><p> A hedge fund just had a big victory and nobody seems to notice or care.</p><p><blockquote>一家对冲基金刚刚取得了巨大胜利，但似乎没有人注意到或关心。</blockquote></p><p> You literally had a hedge fund flipping its stake in AMC to the Reddit army at a massively overpriced valuation and explicitly calling AMC \"overvalued.\" It can't get any more brazen than this. Please be careful.</p><p><blockquote>实际上，一家对冲基金以大幅高估的估值将其在AMC的股份出售给Reddit大军，并明确称AMC“估值过高”。没有比这更厚颜无耻的了。请小心。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC: Hedge Fund 1-0 Reddit Army<blockquote>AMC：对冲基金1-0 Reddit军队</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC: Hedge Fund 1-0 Reddit Army<blockquote>AMC：对冲基金1-0 Reddit军队</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-03 16:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Shares of AMC surged 23% on news of a private share placement.</li>  <li>Private share placements dilute shareholders and AMC's price should have gone down, not surged.</li>  <li>It looks as if this hedge fund just monetized the Reddit army.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/072cd9d13e01f3f3defe064d4bcf6589\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Tom Cooper/Getty Images Entertainment via Getty Images</span></p><p><blockquote><ul><li>受定向增发消息影响，AMC股价飙升23%。</li><li>私募股权稀释了股东权益，AMC的价格应该下跌，而不是飙升。</li><li>看起来这家对冲基金刚刚将Reddit军队货币化了。</li></ul><p class=\"t-img-caption\"><span>摄影：汤姆·库珀/盖蒂图片社娱乐公司，盖蒂图片社</span></p></blockquote></p><p> Shares of AMC Entertainment (AMC) surged another 23% on Tuesday after the movie theater chain announced a private placement of shares to an investment fund. Normally, capital raises cause stock prices to fall, not increase. The hedge fund looks to have turned the tables on the Reddit army.</p><p><blockquote>AMC院线(AMC)宣布向投资基金私募股票后，该公司股价周二又飙升23%。通常情况下，融资会导致股价下跌，而不是上涨。这家对冲基金似乎扭转了Reddit大军的局面。</blockquote></p><p> <b>Reason for AMC's price reaction</b></p><p><blockquote><b>AMC价格反应原因</b></blockquote></p><p> Movie theater company AMC just did what a lot of companies do that have a lot of debt to service and need to confront an uncertain future… they offer new shares to investors and use the funds as a life line to survive.</p><p><blockquote>电影院公司AMC刚刚做了许多公司所做的事情，这些公司有大量债务需要偿还，需要面对不确定的未来……他们向投资者提供新股，并将资金用作生存的生命线。</blockquote></p><p> AMC issued&nbsp;8,500,000 shares&nbsp;for $230,500,000 to an investment firm named Mudrick Capital Management, LP. The investment firm has a focus on event-driven investing and distressed debt.</p><p><blockquote>AMC以230,500,000美元的价格向一家名为Mudrick Capital Management，LP的投资公司发行了8,500,000股股票。该投资公司专注于事件驱动型投资和不良债务。</blockquote></p><p> AMC said that it will use the proceeds from the capital raise for the \"pursuit of value creating acquisitions of theater assets and leases, as well as investments to enhance the consumer appeal of its theaters\".</p><p><blockquote>AMC表示，将把此次融资所得用于“追求创造价值的影院资产和租赁收购，以及增强影院消费者吸引力的投资”。</blockquote></p><p> Fresh capital is much needed. AMC's revenues cratered during the pandemic and the theater chain is still suffering from COVID-19 shutdown restrictions and social distancing regulations.</p><p><blockquote>非常需要新的资本。AMC的收入在大流行期间大幅下降，该连锁影院仍受到COVID-19关闭限制和社交距离规定的影响。</blockquote></p><p> Although AMC's revenues are expected to bounce back this year as the pandemic seemingly comes to an end, COVID-19 may have changed movie viewing habits permanently.</p><p><blockquote>尽管随着疫情似乎即将结束，AMC的收入预计今年将反弹，但COVID-19可能已经永久改变了观影习惯。</blockquote></p><p> One big challenge for AMC will be to get viewers back into its movie theaters. Streaming already was a competitive threat to the industry before COVID-19 and the pandemic may have accelerated this trend. A lot of people seem to have&nbsp;serious anxiety&nbsp;regarding a lockdown exit, so there is a valid question to be asked if movie theaters can really return to normal once the pandemic ends.</p><p><blockquote>AMC面临的一大挑战是让观众重返电影院。在新冠肺炎和疫情可能加速这一趋势之前，流媒体已经对该行业构成了竞争威胁。很多人似乎对封锁出口有严重的焦虑，所以有一个合理的问题要问，一旦疫情结束，电影院是否真的能恢复正常。</blockquote></p><p> But back to AMC's announcement.</p><p><blockquote>但回到AMC的公告。</blockquote></p><p> Shares of AMC surged 23% on Tuesday, which brings the total year-to-date return to more than 1,500%.</p><p><blockquote>AMC股价周二飙升23%，今年迄今的总回报率超过1,500%。</blockquote></p><p> Looking at the technical situation of AMC… shares are now very, very much overbought...</p><p><blockquote>看看AMC的技术状况……股票现在非常非常超买……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eda20bf9503e3abf095e0fb05639597b\" tg-width=\"1267\" tg-height=\"727\"><span>(Source: TradingView)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：TradingView）</span></p></blockquote></p><p> AMC's trading volume on Tuesday was almost 500% the average trading volume with almost half a billion shares being bought and sold…</p><p><blockquote>AMC周二的交易量几乎是平均交易量的500%，买卖了近5亿股……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/188015773070c85dac8627ef00d7320a\" tg-width=\"418\" tg-height=\"287\"><span>(Source: ShortSqueeze)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：ShortSqueeze）</span></p></blockquote></p><p> However, the price reaction literally makes no sense given that the firm announced a capital raise, which increases the number of shares. As more shares are issued, the firms EPS is poised to decline as earnings are distributed over a larger amount of outstanding shares. The reaction to a capital raise is typically for the share price to fall, not to increase.</p><p><blockquote>然而，鉴于该公司宣布融资，从而增加了股票数量，价格反应实际上毫无意义。随着越来越多的股票发行，公司的每股收益将会下降，因为收益分配给更多的已发行股票。对融资的反应通常是股价下跌，而不是上涨。</blockquote></p><p> AMC now has a market capitalization of $14.4b compared to less than $1b in January...</p><p><blockquote>AMC目前的市值为144亿美元，而1月份的市值还不到10亿美元……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/466ba9dd813555ed3675587a5cc6c834\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> <b>A hedge fund is turning the tables on the Reddit army…</b></p><p><blockquote><b>一家对冲基金正在扭转Reddit军队的局面……</b></blockquote></p><p> Mudrick Capital Management is said to have already&nbsp;exited its position&nbsp;in AMC after making a quick 20% on Tuesday. So Mudrick Capital Management is not a long term investor that is bringing its distressed debt and special situation expertise to AMC… the whole thing was really just a quick flip as the investment firm offloaded overpriced shares to retail investors that continue to buy into the frenzy because they hope for a short squeeze. The firm itself brazenly called AMC \"massively overvalued.\" If the firm made a 20% return on its invested capital, it secured $46m in profits yesterday… not bad for a day's work!</p><p><blockquote>据称，Mudrick Capital Management在周二快速上涨20%后已经退出了其在AMC的头寸。因此，Mudrick Capital Management并不是一个将其不良债务和特殊情况专业知识带到AMC的长期投资者……整个事情实际上只是一个快速翻转，因为该投资公司将定价过高的股票出售给继续疯狂买入的散户投资者，因为他们希望出现空头挤压。该公司本身厚颜无耻地称AMC“被严重高估”。如果该公司的投资资本回报率为20%，那么它昨天就获得了4600万美元的利润……对于一天的工作来说已经不错了！</blockquote></p><p> While AMC was likely happy to get an equity raise done at this valuation, the hedge fund sold its stake faster than AMC could get the filing about its unregistered sale of equity securities out...</p><p><blockquote>虽然AMC可能很高兴以这一估值完成股权融资，但该对冲基金出售其股份的速度比AMC提交有关其未注册出售股权证券的文件的速度还要快...</blockquote></p><p> <b>Extreme volatility and risks...</b></p><p><blockquote><b>极端波动性和风险...</b></blockquote></p><p> AMC's valuation has become even more ludicrous on Tuesday than it already was before. The movie theater chain, which was close to bankruptcy just a few months ago, now trades at a P-S ratio of 3.</p><p><blockquote>周二，AMC的估值变得比以前更加荒谬。这家连锁电影院几个月前还濒临破产，现在的市盈率为3。</blockquote></p><p> Cinemark Holdings (CNK), a theater rival which may itself be overvalued, trades at a P-S ratio of 1.0.</p><p><blockquote>喜满客控股(CNK)是一家影院竞争对手，其本身可能被高估，其市盈率为1.0。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81c3d9572182dca54c798bab323e99b2\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The risk here is immeasurable because neither the price action nor the valuation makes any sense for AMC.</p><p><blockquote>这里的风险是不可估量的，因为价格走势和估值对AMC来说都没有任何意义。</blockquote></p><p> AMC's price should have gone down yesterday, not up because a capital raise is dilutive... but nothing makes sense anymore when it comes to AMC.</p><p><blockquote>AMC的价格昨天应该下跌，而不是上涨，因为融资会稀释……但对于AMC来说，一切都不再有意义了。</blockquote></p><p> AMC is trading independently of its business numbers and growth prospects and the risk of losing everything in this \"investment\" is extremely high.</p><p><blockquote>AMC的交易独立于其业务数量和增长前景，在这项“投资”中失去一切的风险极高。</blockquote></p><p> <b>Closing thoughts</b></p><p><blockquote><b>结束语</b></blockquote></p><p> A hedge fund just had a big victory and nobody seems to notice or care.</p><p><blockquote>一家对冲基金刚刚取得了巨大胜利，但似乎没有人注意到或关心。</blockquote></p><p> You literally had a hedge fund flipping its stake in AMC to the Reddit army at a massively overpriced valuation and explicitly calling AMC \"overvalued.\" It can't get any more brazen than this. Please be careful.</p><p><blockquote>实际上，一家对冲基金以大幅高估的估值将其在AMC的股份出售给Reddit大军，并明确称AMC“估值过高”。没有比这更厚颜无耻的了。请小心。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4432676-amc-hedge-fund-reddit-army\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://seekingalpha.com/article/4432676-amc-hedge-fund-reddit-army","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178258633","content_text":"Summary\n\nShares of AMC surged 23% on news of a private share placement.\nPrivate share placements dilute shareholders and AMC's price should have gone down, not surged.\nIt looks as if this hedge fund just monetized the Reddit army.\n\nPhoto by Tom Cooper/Getty Images Entertainment via Getty Images\nShares of AMC Entertainment (AMC) surged another 23% on Tuesday after the movie theater chain announced a private placement of shares to an investment fund. Normally, capital raises cause stock prices to fall, not increase. The hedge fund looks to have turned the tables on the Reddit army.\nReason for AMC's price reaction\nMovie theater company AMC just did what a lot of companies do that have a lot of debt to service and need to confront an uncertain future… they offer new shares to investors and use the funds as a life line to survive.\nAMC issued 8,500,000 shares for $230,500,000 to an investment firm named Mudrick Capital Management, LP. The investment firm has a focus on event-driven investing and distressed debt.\nAMC said that it will use the proceeds from the capital raise for the \"pursuit of value creating acquisitions of theater assets and leases, as well as investments to enhance the consumer appeal of its theaters\".\nFresh capital is much needed. AMC's revenues cratered during the pandemic and the theater chain is still suffering from COVID-19 shutdown restrictions and social distancing regulations.\nAlthough AMC's revenues are expected to bounce back this year as the pandemic seemingly comes to an end, COVID-19 may have changed movie viewing habits permanently.\nOne big challenge for AMC will be to get viewers back into its movie theaters. Streaming already was a competitive threat to the industry before COVID-19 and the pandemic may have accelerated this trend. A lot of people seem to have serious anxiety regarding a lockdown exit, so there is a valid question to be asked if movie theaters can really return to normal once the pandemic ends.\nBut back to AMC's announcement.\nShares of AMC surged 23% on Tuesday, which brings the total year-to-date return to more than 1,500%.\nLooking at the technical situation of AMC… shares are now very, very much overbought...\n(Source: TradingView)\nAMC's trading volume on Tuesday was almost 500% the average trading volume with almost half a billion shares being bought and sold…\n(Source: ShortSqueeze)\nHowever, the price reaction literally makes no sense given that the firm announced a capital raise, which increases the number of shares. As more shares are issued, the firms EPS is poised to decline as earnings are distributed over a larger amount of outstanding shares. The reaction to a capital raise is typically for the share price to fall, not to increase.\nAMC now has a market capitalization of $14.4b compared to less than $1b in January...\nData by YCharts\nA hedge fund is turning the tables on the Reddit army…\nMudrick Capital Management is said to have already exited its position in AMC after making a quick 20% on Tuesday. So Mudrick Capital Management is not a long term investor that is bringing its distressed debt and special situation expertise to AMC… the whole thing was really just a quick flip as the investment firm offloaded overpriced shares to retail investors that continue to buy into the frenzy because they hope for a short squeeze. The firm itself brazenly called AMC \"massively overvalued.\" If the firm made a 20% return on its invested capital, it secured $46m in profits yesterday… not bad for a day's work!\nWhile AMC was likely happy to get an equity raise done at this valuation, the hedge fund sold its stake faster than AMC could get the filing about its unregistered sale of equity securities out...\nExtreme volatility and risks...\nAMC's valuation has become even more ludicrous on Tuesday than it already was before. The movie theater chain, which was close to bankruptcy just a few months ago, now trades at a P-S ratio of 3.\nCinemark Holdings (CNK), a theater rival which may itself be overvalued, trades at a P-S ratio of 1.0.\nData by YCharts\nThe risk here is immeasurable because neither the price action nor the valuation makes any sense for AMC.\nAMC's price should have gone down yesterday, not up because a capital raise is dilutive... but nothing makes sense anymore when it comes to AMC.\nAMC is trading independently of its business numbers and growth prospects and the risk of losing everything in this \"investment\" is extremely high.\nClosing thoughts\nA hedge fund just had a big victory and nobody seems to notice or care.\nYou literally had a hedge fund flipping its stake in AMC to the Reddit army at a massively overpriced valuation and explicitly calling AMC \"overvalued.\" It can't get any more brazen than this. Please be careful.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":1296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105205776,"gmtCreate":1620303770995,"gmtModify":1634206250629,"author":{"id":"3583107295640646","authorId":"3583107295640646","name":"Stellaching","avatar":"https://static.tigerbbs.com/44d42c6d30a2e5188558d76b1f45f1c2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583107295640646","idStr":"3583107295640646"},"themes":[],"htmlText":"Amazing","listText":"Amazing","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105205776","repostId":"2133578813","repostType":4,"isVote":1,"tweetType":1,"viewCount":3487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}