The confrontational tone and content of the tweet were such that screenshots would likely have been taken by many different people in the event it was deleted. It included a “TweetDeck” link, and the following time, date, and metrics:ĥ5 Retweets | 36 Quote Tweets | 569 Likes Notably, all five of the posts involved the same exact “screenshot” of a tweet. Two of the Reddit posts featured the image above, and three featured the image in a broader composition or altered format: On Reddit, we located five separate iterations of the Cramer “Have fun being poor” tweet, all published on January 25 2022. I don’t need your permission for that lol I do everything whilst being poor my dude from amcstock "They're bent on some sort of contest where they want to destroy the shorts and anybody who says it's overvalued is immediately a target," he added.On January 25 2022, screenshots of a purported tweet by CNBC’s Jim Cramer circulated on stock trading subreddits - in which he was quoted as saying “Have fun being poor”: While he considered the stock to be overvalued, Cramer said the rally has him fired up, noting that so-called meme traders are on a mission. The share issue was a part of a string of moves the company has made to raise capital. Despite this, the appetite for AMC did not subside. The distressed debt firm, however, subsequently dumped its shares in AMC to turn a profit on the purchase, Bloomberg News reported. Shares of AMC, a favorite among Reddit traders, was rising after the movie theater chain said Tuesday it sold 8.5 million newly issued shares to Mudrick Capital. AMC, Cinemark and Imax were not immediately available to respond to CNBC's request for comment on Cramer's speculation. "It's obvious that this is one of those where the sellers have just had to go away because taking it higher." Cramer's comments came after he fired off a series of tweets in the morning, warning that the ballooning AMC share price was unsustainable unless Aron seeks to acquire a competitor. It closed at $65.55 the next day, giving it a run of 2,5717.45% year to date. Shares hit an all-time high of $72.62 each during the session after several trading halts on heavy volume. "Adam is a fantastic manager, but what he really knows how to do is run a stock and it's simply brilliant." Taking a break from his vacation, Cramer called into CNBC's "Tech Check" just before noon ET to react to the AMC buying frenzy, which at one point gave the company a stock market value north of $30 billion. " has shares that he can offer to be able to really buy pretty much any theater in the world, or any chain, and I think he's going to do that," the "Mad Money" host said. Heralding CEO Adam Aron's business moves, Cramer suggested that Cinemark or Imax could make good make acquisition targets for AMC. Personal Loans for 670 Credit Score or LowerĬNBC's Jim Cramer predicted that AMC Entertainment could be gearing up to buy a rival movie chain as its shares nearly doubled by the close on Wednesday. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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