![]() ![]() The Motley Fool has no position in any of the stocks mentioned. ![]() Rich Smith has no position in any of the stocks mentioned. *Stock Advisor returns as of August 6, 2018 The bid & ask refers to the price that an investor is willing to buy or sell a stock. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.*ĭavid and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. Helios and Matheson Analytics Inc (HMNY) Nasdaq Listed Nasdaq 100. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. A high-level overview of Helios and Matheson Analytics Inc. If even news of a potential buyout isn't enough to whet investors' appetite for Helios and Matheson, it's hard to imagine what will.ġ0 stocks we like better than Helios and Matheson Analytics After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.What is surprising is that not long after Helios announced its plan to reverse-split, Bloomberg revived rumors that venture capitalist Triton Funds LLC might be interested in a potential takeover of Helios in an article titled "MoviePass looks affordable." Yet the stock didn't rise at all on the buyout speculation - worse, shares declined. On the bottom line, MoviePass recorded an 83.7 million net loss, and the portion of that loss 'attributable to Helios and Matheson Analytics' was 63.3 million, or 132.47 per share. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. No wonder they're selling.ġ0 stocks we like better than Helios and Matheson Analytics On top of that, their reward for keeping faith with MoviePass and sticking with Helios stock through its growing pains is to be significantly diluted, and to have much of their voting power transferred away to some other unnamed investor(s) who are acquiring the preferred stock. Banks and shareholders ran out of patience with that approach, forcing it into bankruptcy. Investors owning shares of the company that owns most of MoviePass now face not just the prospect of seeing their company potentially beaten at its own game by AMC. Helios and Matheson kept the lights on by selling more stock and taking on high-interest debt. And to complicate matters further, Helios is issuing $164 million worth of convertible debt, and 20,500 shares of preferred stock - with each preferred share conferring voting rights equivalent to owning 3,205 shares of common stock.if you own 1,000 shares before the reverse split, you'd own just four shares at the end of it). ![]() And/or conduct a reverse split of its shares, shrinking investors' shareholdings by as much as a 250-to-1 ratio (i.e.Quadruple the number of its shares outstanding to 2 billion shares, diluting existing shareholders by as much as 89% in the process (because Helios only has 223 million shares outstanding today).Last week, MoviePass filed a preliminary proxy statement with the SEC, informing investors that it plans to potentially: But there's also a self-inflicted wound to consider. Why are investors panicking over Helios? I'm sure that AMC Entertainment 's (NYSE: AMC) decision to invade its discount turf with a $19.95-a-month movie subscription plan of its own has something to do with it.
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