2 Wall Street banks made millions selling the collapsing shares of MoviePass’ parent company, as their analysts kept ‘buy’ ratings on the cratering stock (HMNY)

Business Insider
By Nathan McAloneAug 10, 2018, 11:15 am222 pts
As investors in MoviePass’ parent company — the Nasdaq-listed Helios and Matheson Analytics (HMNY) — have seen the value of their stakes nosedive 99.99% in recent months, two Wall Street banks have made millions in fees selling the stock. Since last August when Helios bought MoviePass, a popular…

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