In this article, we’re going to go over some of the latest developments in AMC, it’s history since redditors took over, and an AMC short squeeze update for the year of 2023.
AMC keeps on keeping on, and although AMC has been on discount recently, retail investors continue to buy and hold it.
Retail investors remain excited about the data that has been collected for years now.
Will we see an AMC short squeeze while we continue to ride today’s bear market?
And if so, how soon?
Welcome to Franknez.com – the blog providing you with content on stocks, crypto, and market news. Today we’re discussing AMC Entertainment stock and its short squeeze update and history.
Lets get started!
How soon will we see an AMC short squeeze?
Retail investors all want to know.
Is it this week?
Will it be next week?
Or, are we looking at a longer game here?
Here’s what we know.
Key Highlights
- AMC closed at $3.68 on August 15th. The stock continues to be heavily shorted. AMC Entertainment is set up for a short squeeze despite its split.
- Shareholders continue to buy and hold the stock.
- AMC’s short interest data shows us the stock has the perfect setup for a short squeeze.
Below is a series of documented facts and positive news that all influence AMC’s potential towards a short squeeze.
Related: These Two Signs Will Tell You a Short Squeeze is Over
AMC Stock News and Highlights
FOX Business reported AMC to have a strong chance of a short squeeze in 2021.
Coming from a big news platform, it certainly brought sentiment up for most retail investors.
This is the type of news retail investors truly yearned for at the time.
Today, AMC is still currently one of the most shorted stocks in the market.
As you keep reading, you’ll find the latest developments and AMC short squeeze updates for 2023.
Here’s some history and backstory on what’s happened with AMC ever since retail investors saved the company from bankruptcy.
President and CEO of AMC Entertainment Adam Aron announced AMC would reopen all 13 AMC theaters in New York City on March 5th, 2021.
As of today, all AMC movie theaters are now open across the United States with many selling out.
Check out what Adam Aron had to say (via. Investor Relations AMC)
“Since reopening our first theatres with AMC Safe & Clean in August, AMC has welcomed back nearly 10 million moviegoers nationwide without a single reported case of COVID-19 transmission among moviegoers at our theatres. We look forward to welcoming back our New York City guests to the big seats, big sounds and big screens that are only possible at a movie theatre.”
Adam aron, President and CEO of AMC Entertainment
For those who thought AMC was a dead company, think again.
The company is now generating big revenue since it’s reopening and has beat every quarter since 2021.
Today, AMC shareholders have saved the movie theatre company again after two major proposals were finally passed following an exhausting lawsuit.
A reverse stock split and conversion of APE shares to common stock will now go into effect later this August.
AMC’s 1-for-10 reverse stock split will go into effect on Thursday, August 24.
The conversion of APE shares into AMC common stock will occur the following day, Friday August 25.
The litigation settlement will then take place on Monday, August 28.
CEO Adam Aron says these dilutive proposals will help AMC Entertainment raise plenty of cash to survive another catastrophic event.
Related: How to Buy AMC Stock (2023 Guide)
Melvin Capital closed in June of 2022
This was huge news at the time.
Melvin Capital is a hedge fund that has been shorting both AMC and GME stock.
Melvin Capital suffered a 49% loss it’s first quarter of 2021, via. Markets Insider.
The hedge fund was scheduled to close in June of 2022.
Similarly, Anchorage Capital also closed its doors after betting against AMC stock.
Here’s why this matters:
- Hedge funds who try to go against the retail wave will get burned
- This is a huge win for retail investors over ‘smart money’ Wall Street
- Unless shorts close their positions, hedge funds may suffer big consequences again
- Today’s borrow fee rates are higher than they were in 2021 when AMC surged to $72 per share
- An AMC short squeeze might be closer than we think
There are a few things retail investors did in 2021 to trigger massive price action:
- They held their positions during the ups and downs
- Shareholders purchased the dips
- Investors shared information relating to a short squeeze (such as this article, 2021) to raise awareness
- Kept tabs on charts to know when to buy (during drawdowns)
The incredible thing is 93% of market participants said they will still hold AMC stock in 2023 for a short squeeze.
Will Shorts Cover in 2023?
AMC Entertainment answered questions on short sellers covering prior to its newly approved conversion proposal.
Shares of the company fell more than -30% after hours on Friday as APE shares rose +30%.
On Monday, AMC stock is down more than -33% while APE is up nearly +18%.
Will short sellers be required to cover their positions before the Reverse Stock Split and Conversion?
According to AMC’s new 8-K filing, AMC expects that the deliveries under stock borrowing arrangements will be adjusted in the regular way to account for the Reverse Stock Split or, in the case of contracts on APEs, the Conversion.
However, AMC states that it “does not determine and is unable to provide interpretive advice on the impact of these events on the contractual terms governing stock borrowing arrangements.”
How will short sellers be affected by the Litigation Settlement Payment?
“AMC does not determine and is unable to provide interpretive advice on the impact of the Litigation Settlement Payment on the contractual terms
governing stock borrowing arrangements.”
AMC’s reverse stock split will go into effect on Thursday, August 24.
The conversion of APE shares into AMC common stock will occur the following day, Friday August 25.
The litigation settlement will then take place on Monday, August 28.
Will there be large failure-to-deliver (“FTDs”) like when the APE was distributed?
AMC Entertainment states that while they cannot predict the trading impact of these corporate events, given the significant transactions that will occur over successive trading days, it is possible there will be large FTDs like when the APE was distributed.
Also Read: Will AMC Stock Squeeze in 2023?
Looking Back at the Events Prior to AMC’s Short Squeeze in 2021
- AMC Entertainment has raised more than 2.2 billion dollars in cash
- 90% of AMC theaters in the United States are now open with New York and Los Angeles finally reopening
- Vaccinations and policies are making movie theaters safe
- New movie titles are guaranteed to increase sales revenues
- CEO and President Adam Aron expresses an optimistic future for AMC Entertainment
- AMC Entertainment has implemented a Safe & Clean program under the advisement from Harvard University’s prestigious School of Public health as well as well as the No. 1 U.S. cleaning brand, The Clorox Company. This means movie goers can now return at ease knowing a proper sanitation program has been put in place.
Hedge fund affiliate partners such as MarketWatch, The Fool, and other finance website tried to redirect the public from investing in AMC stock while the company was finally reporting positive news.
That’s primarily because hedge funds were losing so much money daily as share prices continued to rise.
A short squeeze became the ultimate threat to hedge funds with massive bets towards the downside.
Today, AMC Entertainment is in a whole other world compared to where it started in 2021.
Is AMC Shorted?
AMC’s current short interest is around 27.76%, which is much higher than it was when AMC shares skyrocketed to $72.
As of 8/15, we’re seeing 200,000 shares have been made available to borrow, via Stonk-O-Tracker.
While shorts might have the capability to short AMC stock, this is only temporary.
The retail community has made big enough ruckus to where regulators are finally investigating naked shorting, or at least acknowledging the problem.
What does this mean for the AMC shareholder?
Short sellers have used this rinse and repeat process for years now.
The important thing in 2023 is that AMC is able to continue raising cash to eliminate the short thesis.
Not only has bankruptcy been off the table since 2021 (via. Los Angeles Times), but AMC movie theater attendees have increased drastically in 2023.
This in turn has increased revenue and helped AMC Entertainment pay off more debt in the past two years.
AMC Entertainment Quarter Earnings History (2021)
Below are AMC’s quarter earnings for 2021, the year the ape movement began.
AMC announced their Q1 earnings for 2021 on Thursday, May 6th.
Things have been looking particularly bullish and optimistic since that point.
The only thing getting in the way has been market makers who have big advantages over the average retail investor.
If you missed the conference call years back, you can view it here for your viewing pleasure.
AMC Q1 2021 highlights
- The AMC community is recognized
- Q1 earnings are higher than last years 4th quarter
- Expectations for Q2 – Q4 are much higher
- Food and beverage sales are up by 45%
- Sales revenue will continue to rise as new titles are being released
AMC Q2 earnings for 2021
Quarter 2 earnings for AMC were absolutely amazing! I published an entire article on this information you can read all about here.
- Record breaking $2 billion in liquidity
- Increased revenue / tickets & concession
- AMC to accept Bitcoin by the end of the year
- GameStop partnership
- Enhancing the cinema experience with sports and music performance
You can read Q3 earnings here and Q4 here from 2021.
For the latest AMC earnings reports, search them using the search bar on the blog.
When will an AMC short squeeze happen?
It’s really hard to tell when an AMC short squeeze may occur.
Experts, analysts, and shareholders can’t identify an exact date and time because of how random the probability may be, as seen in 2021.
However, the possibility of an AMC short squeeze is certainly possible given that it is still a very heavily shorted stock.
We also now have more data then ever before that indicate a massive short squeeze is almost certain to happen.
Especially now that the SEC has announced some crackdown on shorting.
With Melvin Capital and other hedge funds out of the picture, it’s only a matter of time before others close their positions.
That is if retail investors can build enough buying pressure in 2023 like they did in 2021 to drive share prices up.
In the end, it truly is all up to retail investors!
Will investors be able to create another AMC short squeeze in 2023?
That might be a little harder now with all of the company’s dilutive proposals going into effect soon, but it doesn’t mean it’s still not possible.
Trey’s Trades AMC prediction
With that being said, Trey’s Trades predicted a short squeeze in 2021. Trey was a leader in the AMC community back in the day, though he’s recently taken time off from stock content on YouTube.
Data points towards AMC stock reaching $1000+ per share according to his research.
See what Trey had to say.
The real question is, how can retail investors make this AMC short squeeze happen?
We know that short-sellers eventually have to close their positions. This means that they will eventually have to buy AMC stock at the current share price.
- If retail investors continue to drive the share price up by buying the dip and holding their positions, short-sellers will have no other option than to buy from the retail investor at a higher share price.
2. Retail investors will also need to buy the climbs in order to show a demand for the stock. This doesn’t have to be huge buys, rather incremental to validate the current share price.
This play essentially creates a supply and demand scenario between retail investors and short-sellers.
However, demand must exceed supply by a monstrosity amount, as we saw in June of 2021.
The results? A short squeeze.
Just make sure to take your profits this time.
The last thing you want is to see your gains turn into losses.
Hedge funds are doing everything they can to prevent a short squeeze
How are they doing this?
- By promoting false information through MSM (we’re certain you’ve seen it)
- Through strategies such as short-ladder attacks in the market
- Dark pool/off exchange trading
- HFT and Spoofing
- And, by restricting certain brokerage accounts from allowing its retail investors to purchase or buy shorted stocks as seen with Robinhood (Robing hood)
This is what retail investors can do to fight corruption:
- Share content that presents facts, like this article and others to raise awareness (blog posts, analysis videos, etc.)
- Continue to educate yourself and make investment decisions based on your personal analysis
- Follow your instincts
Read: How Hedge Funds Manipulate The Stock Market
What Will an AMC Short Squeeze Look Like?
We’ll begin to see a trend similar to that of GME (Gamestop).
AMC will enter a bullish territory before hitting an ‘abnormal’ peak in which AMC would have ‘squoze’.
In 2023, it seems we’ve already hit the bottom.
AMC continues to be heavily shorted through dark pools and other market manipulation tactics.
This price level can be seen as a buying opportunity for retail investors looking to squeeze shorts out of their positions.
We’re now sitting at $3.68 per share.
An AMC short squeeze will certainly make headlines.
Expect to see various gains prior to any sort of major peak as well as volatility.
Gamma squeeze vs Short squeeze
Don’t confuse gains and momentum with a short squeeze.
Here’s the difference between a gamma squeeze and a short squeeze:
A gamma squeeze are momentum gains. These usually occur from call options closing in the pocket resulting in heavy buys or purchases in the market.
A short squeeze is vigorous and can spike with no warning.
This is where you see 100% gains in a matter of seconds and minutes.
A short squeeze can even reach 1000% and 10,000% gains.
In 2021, AMC’s first short squeeze rose to nearly 1,000% in January, then to more then 3,000% in June.
Retail investors believe AMC’s next price surge will set a new all-time high from its current of $72 per share.
Related: Analyst Predicts AMC Free Cash Flow Coming in 2024
AMC Short Squeeze Stock Prediction – Can AMC Reach $500K Per Share?
New retail investors are wondering whether $1k, $10k, or even $100k per share is even possible.
Gabe from ReviewDork did some math at the time that’s going to leave you with an open mind.
AMC stock price predictions range from $1,000 to $100k+.
But I’m curious to know your thoughts on this.
Leave a comment at the end of the blog post.
What is interesting however is that Goldman Sachs has now given AMC Entertainment a price target of $175 per share in 2023.
MarketBeat reports that on July 24, 2023, Goldman Sachs gave AMC Entertainment a ‘Boost Target’ action and ‘Buy’ rating with a whopping price target of $175.
And CoinCodex is predicting AMC Entertainment stock to soar more than +9,000% by the year 2030.
“Based on the average yearly growth of the AMC Entertainment Holdings stock in the last 10 years, the AMC Entertainment Holdings stock forecast for the beginning of next year is $ 8.19.
Using the same basis, here is the AMC Entertainment Holdings stock prediction for each year up until 2030.”
The long-term AMC Entertainment Holdings stock price predictions are as follows:
By year 2024, AMC Entertainment is predicted to soar +90.66% from today’s current share price to $8.19.
In 2028, AMC stock is predicted to trade around $108.21 per share, a gain of +2,419% from today.
And by 2030, CoinCodex predicts AMC will trade near $400 per share, up more than +9,000% from today’s trading price.
Related: 93% of AMC Shareholders Say They’re Holding in 2023
Will AMC Reach Peaks Like GameStop?
AMC and GameStop blew Wall Street out of the water in 2021.
Trading volume will speak for itself, and retail investors will just have to wait to find out whether AMC can reach GameStop numbers.
We’ve seen that abnormal gains are naturally part of a short squeeze.
Volkswagen rose up to nearly $1,000 when it squeezed back in 2008 due to a similar strategy produced by car manufacturer Porsche.
Wouldn’t this be something. If you’re holding 1,000 shares and AMC spikes to $1K per share, you my friend have made 1 million dollars!
I strongly suggest using a reputable broker such as Vanguard or Fidelity oppose to phone apps like Robinhood.
Simply because the broker colluded with market maker Citadel to halt the buying of ‘meme stocks’.
Read: Codes to see if your phone has been hacked
Is It Too Late to Get in On AMC stock?
AMC Entertainment is still heavily shorted.
In 2023, investors will need to identify the primary reasons to invest in AMC Entertainment stock today.
Redditors have touched base on this topic and are determined anything below $100 is a buy, for a short squeeze that is.
However, with so much dilution happening in 2023, you might want to consider writing and coming up with your own best-case and worst-case scenario plan.
The approved proposals is a massive win for the movie theatre company whether you strongly agree with them or strongly do not.
Identifying why you’re still invested in this company or why you would like to is something that will vary from individual to individual.
“The steps we will be taking now are shareholder approved and mean the following to AMC:
- AMC will be more resilient: Were it not for our ability to have raised equity over the past three years, AMC simply would not have survived the pandemic-induced decline in our business. Looking forward, the flexibility to raise equity capital at the appropriate times is an absolutely vital tool for any large company, and AMC is no exception.
- We eliminate capital raising inefficiencies of APE units trading at a significant discount to AMC shares: Converting APE units to AMC shares results in a single price for all AMC equity. This single price eliminates the unnecessarily high dilution caused by the lower market price of APE units. For the past full year, for example, to raise cash, AMC could only sell APE units, and they only could be sold at a great discount to AMC shares. With single equity capital structure, I believe AMC will be able to raise equity capital more efficiently and on better terms in the future.
“Some of you fear dilution is a mistake no matter what. You are wrong.
To the contrary, sometimes raising money is an absolute imperative.
Over the past twelve months, for example, AMC raised $418 million of cash through the sale of APE units.
As of the most recent June 30 quarter end, AMC had $435 million of cash on hand.
Can you imagine how dire our circumstances would have been if we hadn’t had the foresight to raise that cash?
Companies that run out of money face financial ruin.
Just ask Cineworld/Regal shareholders, or ask Bed, Bath and Beyond shareholders.
But at AMC at the moment, we have a positive market cap, and we are so much stronger because we raised money along the way,” said Adam Aron on Monday.
Where was AMC trading at before the pandemic?
AMC was actually trading between $30-$35 back in the booming party economy of 16′!
AMC stock started to decline as their debt increased and hedge funds began to heavily short it.
However, AMC Entertainment Holdings, Inc. is in a completely different world today than it was during the pandemic with box office number reaching pre pandemic levels.
AMC Announced a new record high earnings report last Tuesday.
Analysts have been expecting big earnings results from the movie theatre chain due to the rise of this year’s second quarter box office numbers.
“While we still have much work ahead of us on this front, AMC’s glide path to eventual recovery continued with significant pace in the second quarter of 2023 as our results set new records and represent AMC’s strongest second quarter in four full years.
Following an impressive start to the year in the first quarter of 2023, the second quarter yet again showed great progress.
AMC saw more than a 12% growth in attendance, a 15% growth in total revenue and a 71% increase in Adjusted EBITDA compared to the second quarter of 2022.
Indeed, Adjusted EBITDA was $182.5 million, the highest such quarterly figure since the fourth quarter of 2019,” said AMC CEO Adam Aron.
Barbenheimer Produces Big Results in 2023
Towards the end of July, AMC Entertainment broke a 4-year weekend high record as “Barbenheimer” produced results bigger than expected.
The results demonstrate AMC’s path to recovery is also strong in Q3 of 2023.
“Barbie” ended up with $162 million in its first weekend of release, above Sunday’s already record-breaking estimate of $155 million. The Warner Bros. film, starring Margot Robbie declined just 9% from Saturday to bring in $43.7 million on Sunday.
Those ticket sales rank as the biggest opening weekend of the year, besting “The Super Mario Bros. Movie” ($146 million).
“Barbie” also marks the biggest debut ever for a film directed by a woman, overtaking Anna Boden and Ryan Fleck’s 2019 blockbuster “Captain Marvel” ($153 million), says Variety.
“Oppenheimer,” also beat expectations with $82.4 million, slightly higher than Sunday’s huge $80.5 million projection.
At the international box office, Oppenheimer added $98 million for a global tally of $180 million.
“The box office powered to its fourth-biggest weekend in history with over $300 million industrywide, said Variety.
What If a Short Squeeze Doesn’t Happen?
If an AMC short squeeze doesn’t occur, AMC stock price should still go up during the longer term process allowing shareholders to make at least some sort of profit.
That is, as long as the company continues to improve going into 2024 and the rest of the decade.
With AMC theaters now open since 2021, it’s inevitable that the company will begin to see bigger sales revenue every time a new title is released.
Keep in mind that AMC’s share price during the booming party economy of 16′ was roughly around $30 per share.
If a short squeeze doesn’t happen, fundamentals will continue to bring the stock up as more investors are buying the stock.
It’s also important to keep in mind that majority of the float is also held by retail investors, so the company has a huge support.
Related: How Big Could an AMC Short Squeeze Potential Surge?
Why Hasn’t AMC Squeezed Yet?
AMC hasn’t squeezed yet primarily to two main reasons.
- The stock requires volume to drive the stock price action up
- Shorts need to close their positions
Volume will surge as more and more retail investors (as well as institutions) get in on AMC stock.
Regarding shorts closing, retail investors need to squeeze them out of their positions by holding their positions and helping increase AMC’s short borrow fee.
You can keep tabs on AMC’s short borrow fee as it changes every day via. Ortex, or Fintel.
As of 8/15 AMC’s short borrow fee rate is a whopping 921.1%.
Read: When do shorts have to cover their position? (AMC)
In 2021, Wanda Group had caused a little bit of disruption for retail investors by profiting on the first sight of gains.
This turmoil was only short-term but it’s a big a reason why the stock kept selling off every time AMC shares would rise.
Wanda cashed out completely two years ago, making retail investors the biggest stakeholder in the company.
We’re seeing something very similar in 2023 with Antara.
Is AMC Ever Going to Skyrocket Again?
All the numbers point towards the right direction for a massive short squeeze.
Shareholders will need to buy the stock en masse again for AMC to short squeeze.
Short sellers have now lost more than $175 billion this year according to the latest data conducted by financial analytics firm S3 Partners.
According to data from S3 Partners, only 30% of every shorted stock was a profitable trade for investors this year.
Stocks like AMC and GameStop have the potential to create bigger losses for short sellers in 2023 again.
Related: DTCC B16845-22: Are Margin Calls on The Way?
Latest AMC Short Squeeze News and Updates
Interactive Brokers Chief Strategist Steve Sosnick says there’s big demand to short AMC Entertainment (NYSE:AMC) stock.
He says the biggest reason aside from the company’s fundamentals is its new merge with its equity (NYSE:APE).
“It’s very hard to keep the momentum in these things because economic reality does take hold.
Bed Bath & Beyond, at one point was the best performing stock on the board until reality set in and they began defaulting, averted bankruptcy, but using a deal that is so dilutive that it’s unavoidable.”
Sosnick says AMC is in a very special situation because of the proposal to merge APE with AMC common shares.
“Right now we’re seeing such a demand to short AMC partly because of its difficulties but partly because of the special situation.
This really is what they were looking for in some ways as the mother of all short squeezes.
The borrow rate, it costs you 700% to borrow the shares overnight — if you can find them,” said the Interactive Brokers Chief Strategist on Yahoo Finance.
Is AMC Entertainment stock about to squeeze this year?
You can read the full article here.
Ken Griffin Thanks Redditors for ‘Meme Stocks’
“Redditors, thank you so much for helping create the best pipeline we’ve ever had”, said Ken Griffin on Business Insider.
Ken Griffin, on how the GameStop frenzy helped raise Citadel’s profile with potential hires.
Business Insider says the SEC found no truth to any of the conspiracy theories but how can the SEC really go against one of the most powerful hedge funds in the world?
Transcripts showed Citadel and Robinhood did in fact have “blunt negotiations” the night prior to the halts.
A Miami district court judge admitted the Citadel and Robinhood transcripts were suspicious.
However, the federal court has dismissed the case due to a ‘lack of evidence’.
Research shows Judge Cecilia Altonaga had a close connection to the defendant’s law firm, insinuating a conflict of interest in the case.
Also Read: “The Game is Rigged”, Says Ex-Citadel Data Scientist
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What will an AMC short squeeze mean for you?
Let us know in the comments section below what an AMC short squeeze would mean for you!
If you’re an AMC shareholder let us know in the comment section below.
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About The Author
RE the “Oppenheimer” movie
This movie omits the unnecessary and evil bombings of Hiroshima and Nagasaki and also of its testing ground in New Mexico and the Marshall Islands as if there were no innocent victims and grave harm done (https://www.themarysue.com/oppenheimer-has-people-speaking-out-about-a-pretty-glaring-omission) which shows the lack of conscience of its creator/filmmaker/director. And that this immoral director presents a whitewash of history, it’s a fake history account. Memory holing of real atrocities is immorality, a serious crime per any reasonable humane standard. But it is in line with what it is: a propaganda movie of the genocidal US empire, made by its criminal Hollywood ‘dream factory’/propaganda apparatus.
This inexcusable despicable conduct by the film’s acclaimed director parallels the fact that dozens of Nobelists worked on the creation of the atomic bomb proves that guilt and conscience never played a notable part in them.
Oppenheimer’s guilt and conscience, too, was of no real significance as his actions in establishing the atomic bomb demonstrated.
It shows the real fundamental condition and nature of “civilized” humans — they are inhumanely mad …. https://www.rolf-hefti.com/covid-19-coronavirus.html
“[…] I realized that the entire nuclear power program was based on a fraud—namely, that there was a “safe” amount of radiation, a permissible dose that wouldn’t hurt anybody.” — John W. Gofman, M.D., Ph.D., 1918-2007, Medical Physicist
Would be nice if it squeezes…been holding more than 2k in amc 2.5 years and close to 2k in ape…would really love to see it squeeze…I would pay off all my debt and be able to not stress and enjoy live and just travel
It would be incredible for many, no doubt. Thanks for sharing 🤝
I just want to clarify…so APE is not going to be affected by the r/s? AMC will r/s and the next day our APE sh become AMC sh w/o being apart of the r/s? Am I understanding correctly? I.E. 1 I hold 100 APE 100 AMC..AMC will become 10 & then the next day I will have 110 sh? I just want to make sure I understand. Tia
I’ve actually increased my position to about 2650 shares and also added about 50 GME shares as well. 🙂 I am in the red for AMC but no worries, I don’t need the money right now.. At the moment its just kind of park it and forget it until Judgement day comes.
Is trading amc on etrade good?
I love your newsletter! How can i join?
You should see the popup when you visit the blog!
The videos are dated. Why is this?
Short Squeeze = Financial Freedom To Travel The World!
🚀🚀🚀🚀
If Anchorage Capital closed, then why haven’t we seen a price increase? Melvin Capital got bailed out last year.
I only have 40 measly shares so unless AMC goes interstellar the short squeeze won’t really change anything.
AMC to the moon🚀🌖🌔
Frank, I think we, the APEs, need to start putting on real pressure on the HFs. We need to BUY at the top and not at the dip. The real pressure comes at the top, not the bottom. If we keep buying the dip to save a few pennies, MOASS prob won’t take place until my grandkids have their grandkids. Time to apply REAL pressure and see AMC rise above the HF swamp.
I agree more pressure is needed
And this is why it’s 100% certain that retail investors who own AMC will lose their money.
big whoop I’m down 2 million, lol.
Tired of it also but I’m confident
They haven’t went quiet as far as I can tell? If this was a pump and dump, believe it people would track those fellas down, Those guys are good kids, I’d like to see them in politics!
Totally agree. We’re just seeing the same info all the time, buy and hold isn’t working, they can short forever and a day it seems, no-one asks for anything from them and they are probably in thousands of other funds which cover their AMC/GME plays.
Funny how the ones making money i.e. youtubers Trey/Matt etc have all gone quiet, what else can they find to say?
It’s going to require regulation to eliminate the illegal tactics hedge funds are using for us to see these stocks have bigger upswings. The community can make real change happen.
AMC News
📰🦅
I’m down $23k, still holding but getting tired of it
“The stock market is a device for transferring money from the impatient to the patient” – Warren Buffett
Reinaisannce Technologies LLC, the largest Hedgefund, just bought 1,812,345 AMC shares anc 600k plus GME shares on Friday. If that tells anyone anything. They are investing in the stock, not shorting it! They are an extremely, extremely profitable Hedgefund too. Nancy Pelosi bought some a couple days ago and her husbands fund bought a boat load. We got government funds investing, Blackrock, Vanguard and Swiss Bank too. 🤔
Invest AMC today, it’s going to be history making. It’s a movement in saving businesses and fighting government corruption. 🇺🇸🙌
💯💯💯
I have 2500 shares. If AMC short squeezes above $1000, I’m gonna pay to have one screen at my local AMC dedicated to playing the Planet of the Apes trilogy every Friday on repeat FREE to the customer, and will pass out bananas at the entrance.
LMAO, love it 🦍
473 nanners…and my gf who has about the same amount…We are holding strong for the flood to come. I’m a disabled veteran and she is a school teacher…We are both ready to retire and enjoy life without clocking in ever again…in fact, no clocks ever again…It will be our time!
Thank you for your service Jason. To the moon brother 🚀
Saludos desde España !!! Somos muchos los que aguantamos desde aquí , Relax total.
Bought 1000 shares back when it was around $8 now im close to 2100 shares averaging up to $16 a share! Holding for all the people with less shares. Could have sold when I saw 6 figures in my portfolio but I believe in this movement and won’t sell a single share until it reaches $1000-2000. 🙌
Ooof 🔥🔥🔥
What in your opinion would be the worst case scenario Frank? I know no matter what the shorts must be covered but what is the most negative thing that could happen. I’m at 1500 shares and looking to add more on the dips and could see a light at the end of the tunnel but sometimes it’s nice to hear some assurance. Love all your content Frank. Merry Christmas!!
Are you still holding your 2100 shares? And how you’re negative in the red?
#AMC100K #MOASS #AMC500K
These are the tags. 1k is February numbers. Every ape knows it. We own the float so we set the price. That simple. Hodl.
I hold 37 shares and I plan on buying more when my paycheck allow me too. Sale when I fell it’s the right time and put that money back for the next squeeze. And then try to retire in the next 5 years. I will be 55.
Thanks for commenting Mark. To the moon brother 🚀
have been working 7 days for so long only to never save more than £200 a month. I am struggling and fatigued – I just want everyone to buy, hodl and when squeeze happens keep buying – I got told off by other apes for saying I’d sell my 23 shares at 1k. They assured me they will hodl until 10k minimum, sell 10% and the rest until 100k – I’m NOW in holding until 100k – can we all just make a solemn unspoken pact this is what we aim for and no paperhands??? Good luck everyone and I pray ours and our families lives change for the better
That’s really Balsley I’m down $300 and just about can’t take it
I was down $9K at some point, then we moved up and now I’m up 5-figures, still haven’t sold. Losses on paper scare new investors but it’s not real until you make it real. Just some perspective.
I have only 25 Bananas, it is over 1.200 US$
this is a lot of money for me.
I am 56 y. from Germany, Aachen
best of luck for all of us!
Although I am worried about what will become of the world economy.
People will possibly lose their jobs…
How are you feeling now still holding on? I am in pretty much the same spot
Me and my 22 bananas are gonna scoop up real estate and start a business for my family
Great mindset 💯
Heard about AMC 3 weeks ago, I’ve managed to buy 252 shares, my avg is $52. I’ll try to buy more when it dips, I don’t mind if the squeeze doesn’t happen in a year, that means I’ll be able to get more shares for a better price!
205 Bananas…Holding until this pimple pops at the peak of popping perfection!
🚀🚀🚀
💯💯💯🚀🚀🚀
Single mother here on a fixed income. Could only afford a couple shares. Would love life changing xx 🙌🏻🙌🏻🙌🏻 HODLin for us all!!! 💪🏻
Single for holding 9 shares 🙏 I wish you the best.
I only have 11 share so not really life changing unless it goes WAY UP! $1000 eh….$5000 a pool on the backyard…$100k….completely life changing!!!
This ^
#lifechangingmoney
#AMC100K #MOASS #AMC500K
In your post here, you say “ Interest rates can skyrocket for short sellers enabling them to close their positions” – do you mean the fed raising interest rates?
How does that correlate to shorts closing their positions?
Hi Steve, I refer to the short borrow fee hedge funds have to pay to borrow the stock. Essentially if it becomes costly for short sellers to hold the stock due to the fee, they may willingly close their positions as it makes no sense to continue losing money.
The short borrow fee was up to like 70% months ago but it still didn’t cause them to cover or close positions. They were still shorting it.
I am a teacher. Mother of two beautiful boys. I just recently gotten out of an abusive marriage of 22 years. I walked away from everything. We now live with my mom. I only could afford 30 shares. AMC squeezing would be a life changer for my family. I hold with my Ape family.
Thanks for sharing your story Stacie 🤝✨
I’m only at 42 shares but using diamond hands. Appreciate all the apes holding and bringing us chimpanzees along for the ride! I will buy more before it totally becomes gorilla stock war. 🍺 for the apes!
💯💯💯
I’ve been working 13 plus hrs a day 6 days a week, to support my family and I would LOVE to see this stock go to the moon. To help ease the anxiety and have a nest egg for ever. GO APES GO
PLEASE JUST HODL HODL HODL.
💯💯💯💯
Hello Frank, I noticed that you didn’t circle around to continue the Naked Short topic in the article. Can you add more please.
Hi Dave – there’s more on naked shorting here: https://franknez.com/naked-shorting-is-making-its-way-to-mainstream-media/
First time investing in a stock…. I’m a teacher, going through a divorce, raising a 13 year old. I have 100 shares and I’ve been playing with my calculator a LOT lately! Thanks for the info-
Ann Marie
I can totally relate with the whole calculator thing Ann, lol. Sending positive thoughts out to you.
Why cant I share this on gab?
Where?
I hope this is not a double post, but when will retail investors know when to sell? A short squeeze is when retail investors sell AMC stock for profit, correct?
Hi J – correct, a short squeeze is when the share price of a stock skyrockets due short sellers covering their positions. For a guide on when to sell read this article: https://franknez.com/an-excellent-amc-exit-strategy-guide-short-squeeze/
Thank you for replying to my comment. So, I have another question. I placed an order to buy one share at 26.50 when the markets open on Tuesday. Would that be enough or will the price of the stock be even higher at opening? Tonight I have watched some videos and some of the youtubers think the price could go to $ 50 this week.
Of course 🤝
The share price could open a little lower than close which means your order will execute (process) or it may open higher. Chances are if it opens higher than you will have to cancel your transaction and buy at the new ‘ask amount’. The price could certainly double next week.
Hey, I wanted to mention this for you or others commenting, be careful saying price points to sell at, could get you into hot water if the SEC considers it market manipulation or something (can’t think of the term).
Everyone can sell at whatever price point they want. This is a free market and investors can buy, hold, and sell at free will.
Hey Frank, great info. Just wanted to mention something to you, hopefully you are a licensed investment advisor, or something similar, because I noto couldn’t find the cover your a$$ disclaimer saying not financial advice/ not a licensed investment advisor. I don’t say that to take away from the impact of your words, just don’t want to see people get in trouble. Keep up the good work
Hi Eric. I appreciate your concern. The disclaimer is on the website. Thanks for reading
I placed an order for one AMC stock, and hope to purchase it when the market opens on Monday. From there I hope to purchase one to two shares per week depending on the price. so, my question is: when would I know when to sell? I assume the squeeze is when retail investors sell AMC stock for profit, correct? So, will everyone be selling around the same time? Is there a trigger and when would I know when to sell? The talk on this article is at least 1K, so when will retail investors know when this happens?
Bought 635 bananas yesterday accidentally and feel something strange. That’s why I do the research online and found what’s happened. My son’s medical tution fee may be here. Thanks.
Welcome to the community Allen
Single mom of 4 hanging on to my little 28 shares….I put everything I have saved into this…#Lifechanger#MOMlife#INEEDTHIS
#HOLDING
One thing is certain, this is going to happen for you 🤝
How did you obtain the information that AMC is the most shorted stock on the market? I am all in on AMC, but wanted to know how I or you can verify that fact.
It was on a list before it was taken down by the hedge fund affiliate website. Hedge funds are losing billions of dollars shorting AMC now, via CNBC. And according to fintel, the number of short shares made available to short AMC continues to grow and take place.
Where is the best place to buy these shares from?, a secure app or website?
I recommend Vanguard or Fidelity.
I have 1020 bananas in movie tickets and still holding 30 bananas in video games. I also have 3 c bananas at $7.50 expiring June 11. I plan on selling my c bananas hopefully at $100 plus to cover my banana purchases and have some to stow away in a rainy day fund. My 30 bananas are simply for play…let’s see where it peaks! And lastly, my 1020 bananas are being held close to my heart, but I could part with them at $1000+! Once tendies are collected, depending on what I sell for ($25000 per banana seems a fair price) I set aside 40% for capital gains, 30% into high yield dividend investments and live off the dividends, 10% will go to family, friends, those in need, 10% in my trade account for day trading, and I save the last 10% for the best….toys, fun, and travel!!!
Love it! Thanks for commenting Richard 🤝🦍
adding 90 bananas Monday #diamond hands forever, screw the hedge funds and their markets manipulation!!!!!
140 bananas for now, will try to get another 100 by end of tomorrow.
🦍🦍🦍🦍🦍🦍🦍
I have been holding AMC since shortly after the 8.01 battle. I’m holding until I can pay off all my debt, pay for all my children’s college tuitions in full, reinvest enough for each child to never have to see what scrapping by ever felt like. Allow my wife and I to retire early or Atleast retire from full time jobs. I started with $100 invested in AMC and now currently hold just short of 2500 bananas and have even gotten my wife in on this as well as friends and other family members. Simply present the evidence and it’s a no brainer!! Everyone has their own sell points to meet whatever financial requirements they might have. No one can be mad at them for doing what’s right for them. If you have held this long paper hands have turned to diamonds my friend
Thank you for commenting Brandon. I was part of the 8.01 battle. We will prevail 🍿💥🚀
Thank you for this article. I’ll be honest and say that I had no idea that this was happening. I have AMC stock on robinhood and began to research the jump today. I have 50 shares. I will be buying more tomorrow. A lot more. I’ll also be setting up accounts elsewhere in the event that the brokerages do what they did with GME. I am burdened with student loan debt. My grandmother left me her home but it’s over 100 years old. The time has come where I either need to do some major repairs (plumbing and electric) , sell the house, or knock it down to rebuild. I hope to pay off my student loans first and then rebuild on the land so that I stay on what my great-grandparents built in this HCOL area where my neighbors paid $900k+ for their homes.. Knocking off the student loans will free up hundreds of dollars per month that I can put towards whatever I decide to do with the house. Maybe i’ll build it back up as a triplex to rent out. I am on the ride to $1k with the rest of you. If anything, i’ll have a good night’s sleep knowing that there are billionaires who are currently losing sleep.
Thank you for your comment Kimberly and for sharing your story with the community.
This is no longer 1k floor. You all need to be thinking higher floor. 1k was months ago. Floor is now 100k. If we all hold strong we can change the lives of fellow apes who have 100 shares or less. I have 500 shares myself and this needs to be life changing for all of us. The hedge funds deserve whats coming to them. Hold strong
I’ve spent the last few days researching and buying. I will definitely be holding much much higher than the $1k mark. I’ve gotten a few friends and family in too, even people who wouldn’t buy more than 5 shares because they are skeptical and think that the powers that be wouldn’t allow this to happen lol
It warms my heart to read about everyone’s dreams here. I’m hodling 70 shares bought in February and will buy some more tomorrow! To the moon!
❤🚀
Get off of Robin Hood they will Rob you and they are affliated with Citadel!! Transfer before it is too late!
Yes! Share this one brother https://franknez.com/why-new-retail-investors-investing-in-amc-should-avoid-robinhood/
I have 42 shares on RH and terrified of moving at this critical time. I don’t trust them either way. Is it potentially dangerous to transfer during the squeeze? I heard it can take up to 10 days..
Not sure what to do and weighing my risks.
Hi Hutch – it’s taken 3-5 days for some apes I know. A squeeze could last days and I think we’ll be hitting the hundred dollar area before an actual short squeeze is initiated. I could be wrong and it could happen sooner but I would personally switch. Do what you think is best for you
I’m korean and I bought 3000 at 58.5.
Anestly little nervous.
But I think this is huge opportunity to change my life
Please give me warm word
Can I meet the shorts squeeze? In AMC?
Great article! I’m only holding around 150 shares. Hopefully everyone has seen the recent numbers and have upped their sell price. This is a squeeze that’s never been seen before and the longer we hold the higher the price will be! We are all going to profit from this, but our profits will be determined by how long we hold onto our shares! AMC to the Moon!
☝️💯🍿💥🚀
80 shares and holding. Revenge for 2000 & 2008 market manipulations. My karma gonna run over some hedgie dogma.
🍿💥🚀
A “short squeeze” to me would become the opening of my portal to travel to another dimension. A dimension where I will create a non-profit organization whose sole purpose it is to create an environment that allows people to experience the synergy necessary to pursue their greatest potential in life. This forum will allow people not only to work with each other but to readily trust one another because we won’t have to deal with all this egocentric nonsense that we are forced to deal with in our plutocratic empire (e.g. Hedge Funds shorting companies in a vain effort to bankrupt them so that they can usher in a replacement industries that they have already heavily invested in). This will be an institutionalization of truth & an organization of justice. Its primary function will be to assist all its members in becoming the best they can be and integrating that expression into our forum to promote its own diversity. Our mission is a spiritual goal for the self-actualization of our Oneness with all. Just like Apes Together Strong!
💯💯💯💯
I only have 105 shares, but I want to have a pitbull rescue. Everything I have in AMC is for my love of the breed.
Love it!
I always dreamed of a dog and cat rescue so I have 900 shares. Pitbulls are so loyal anf affectionate if raised with love!
So cool!
I’m new to stocks, this is my first week. Slept on them for years and laughed as I was ignorant and didn’t know or desire the knowledge. Getting into crypto led me into stocks, and discovered amc (wow shocker lol) but I’ve only bought 10 stocks. I’ve heard people say it could skyrocket into the 5 and 6 digits, and if that’s a real thing, it’ll put me into a position to get my children, my family into a home they deserve <3
Welcome to the community Zach, happy to have you here. There’s loads of information you can find here regarding price predictions and probabilities from analysts 🍿🤝
114 still buying cause my mom and dad lost there house in 08 do to hedge funds and government even after I help them pay down there note still wasn’t enough to save there home now there renting please to all in the movement remember to sell at the top for us little share holders we look up to you guys
Very noble of you brother – thanks for commenting your story. Don’t forget to share the article with the community.
APE HOLDING 22,627 shares @ $13.00 since Jan. Waiting for by fellow APES to come get me so we can go to the FRICKEN MOON !!!!!!!!!!!!!
That’s an AMAZING multiplier!
667 here! But all with RH…I’m afraid if I start the transfer I’ll miss out 😳
I know a lot of people are transferring asap, Wendy. A squeeze could last several days though. Weeks even.
I have 343 with RH. What is the concern? Why are people transferring?
People are transferring because Robinhood halted trading on GameStop back in January.
Where are people transfering to. WEBULL OR WITH WHO?
There’s a list of real brokerage accounts on this article: https://franknez.com/how-to-invest-in-the-stock-market-step-by-step-for-beginners/
Thanks. Do you know of a particular brokerage firm that did not restrict trading of Gamestop back in January? I would like to use that one, being that this event could be life changing, and I want to make sure i get all my money when the time comes to sell.
Vanguard and Fidelity are top notch brokerage accounts. No restrictions as far as I know
Fidelity transfer takes 1 full day…. Do it
I’m just newish Ape and talking for Entertainment purposes (not financial advice – it’s your money and your call) #ApeEvolution
But this is what I think I’ve learned so far…sorry no links provided on this post!
RobinHood is different from many trading platforms that go thru Citadel bc they have been exposed for selling user trading information to Citadel as part of their business model. So when they limited or shut down trades during GME and AMC mooning before, they saved Citadel gobs of money. They did it once and I don’t doubt if the money to them is right, that they’d do something to bail out Citadel again. Many trading apps move their trades thru Citadel, from what I read from recently (Verification needed). But about 10 other popular apps (Webull included – which I am using and have 500+ shares of AMC @45) also trade thru Citadel which also gives Citadel an advantage due to their ability to micro-manipulate trades to their advantage (if they delay your purchase from going thru for a few moments, they can get incremental amounts of guaranteed money as stock prices fluctuate in their favor). The various existing Short positions don’t expire at once, they have a price and time of expiration (I believe the next one coming is end of July at $40 – Verification needed). Buying dips (at asking price) is a way to counter short/put ladder attacks as it creates demand and raises prices. Expect, as we move closer to end of month, that hedgies will do everything they can (illegal stuff too – Ken Griffen has been admonished a few times before for illegal stuff but he’s still around and has multiplied his assets in recent years).
Best thing we can do is share links to good information so Apes are more informed. POST ACCURATE SHORT POSITIONS WITH DATE DUE. BUY AND HOLD WHEN IT LOOKS TIMELY AND WHEN PRICE IS CLOSE TO THEIR STRIKE PRICE.
Some helpful tips to new Apes
-turn off stock sharing on whatever app you use (if your getting little interest payments, then you are most likely helping hedgies bc they can borrow your shares to use to short attack you). If your not doing Ape stuff then I don’t see a prob turning it back on, but it does benefit hedges and day traders more than average retail investors and tradition Apes that just buy and hold till moon comes with expiring short position
-when posting info, share links that other Apes can verify and learn how to do their own due diligence
Be a helpful ape member and share/link verifiable info and even post ur position.
-given the different short position prices and due dates, I expect mini-moons vs 1 upUranus-moon
-don’t put in so much that you can’t recover because everyone can promise you the world online. Anonymity removes consequence and people can be as evil as they want just to pass the time
-HOLDING in this situation where retail holds high % of float and reported short positions being 15% (probably much higher due to failures of market makers and limp SEC)
-this could go on indefinitely as new short positions are created bc hedges “know” normal people get impatient and scared. But Ape psychology scares them too. And as a coordinated collective, Apes can be a real disruptive force moving forward. So selling and repositioning lower might be a viable strategy. As the AMC short drags on for at least 2-3 months longer (Mooning with each short expiration). There are short positions after the $40 one ending this month at 30, 20 etc…. that’s probably where things get crazy. And that’s probably when opposing hedges will join in to make some easy money against at hedges’ shorting positions.
F@cked up things I’m seeing
Hedgies churning the market
-Algorithmic trading takes advantage of super low latency (communication speed with market), hi-fidelity (massive information rates allowing for thousands of trades per sec – Verification needed), and of course as sometimes bankroll of over a trillion dollars multiplied by options
-i suspect algorithmic collusion when more than 1 hedge company is shorting, possibly even on opposing sides of when you see barcoding prices, but definitely when price drops significantly despite relatively even buy/sell trading volume. When smoke clears and SEC tries to pin it on them, they can innocently shrug and feign ignorance.
-Hedgies are most likely using Put option trades instead of shorts to mask short attacks to circumvent Ortex numbers (2 week interval where shorts are reported by hedges – shady reporting suspected)
-people being mean to other people. No need to spread hate to other people. We are all people just trying to get thru the harsh realities of life. Corporations and their CEOs are not people so you can hate them all you want.
-Wall Street market makers enable all this BS so root for understaffed SEC. SEC needs to really crush entities that are raping the people and bleeding our collective, taking advantage of stock market loop holes and new algorithmic trading practices that seem to facilitate unspoken collusion. And the software companies making these algorithmic trading softwares should share in penalties.
-federal reserve IS the banking system and not a real government entity. It cannot be audited nor can the involved private banks that make it up. It stole the ability of our government to print our own money. So essentially on top of the fact that all that Quantitative easing money (many trillions) after 2008 went to Wall Street banks (which is why stock market prices reached these unworldly heights). We basically pay for each dollar made. Goldman Sachs is in charge of printing money for a certain fee/interest (tax on life which goes unopposed).
-shorting system is an archaic system created when the Pony Express was still a thing. Modernizing it would be good, but who is going to do it? Prob Wall Street and the politicians they donate to and who after they retire sit on their boards. It’s a beautiful system if you on that side (look at all the new hedge fund IPOs).
There is a silver lining in all this madness! (Getting Political so stop reading if you don’t care about unity and love)
Our Constitution can be amended. Let’s vote out established players that keep screwing the people. Let’s vote out people that spread lies (even if they dont realize they’re lying). Let’s protect our children from a hate-filled education system that could indoctrinate generations. Children are innocent! But fathers and mothers who take advantage of the publics trust should face a family ban on politics for at least a generation (Singapore style- Verification needed). Our votes can keep in the ones we approve of and replace those that we don’t. Stop voting strictly on parties lines and vote for the best candidate. If you don’t see one, then you probably have to stand up and run yourself.
And the secret weapon is the write-in candidate. Who needs a party when you can raise up an honest man or woman who can intelligently argue and defend his position in a 6-12 hour debate? A candidate who know history and can stand up to rigorous fact checking. Yes, they will have to be at least that smart…
(MeetKevin, a YouTube influence and educator is running in California and he seems like an outstanding person.)
Crap kids are hungry. I need to make dinner.
Much love and respect to all that want a better, unified United States!
#ApeEvolution
I have about 7100 shares, i missed gme tendies, i missed doge tendies, i am not missing AMC. i would love for it to goto $1000 so i can buy a house and retire my parents. To say it would be a dream come true is an understatement. AMC will squeeze inshallah(god willing)
God willing 🙏 blessings are coming
Ali, its Mike…. How’s it going? I think back then on May 8, 2021, I had 6000 shares and 7000 Call Options for AMC. I think we were cranking in June 2021 when we were going up and I thought, “Yes, this is the squeeze… It is happening!” I think I was up to like $1.55M at one point! Yet, the “short interest” (a.k.a. Hedgies like Melvin Capital & Market Makers like Citadel) successfully stopped all this in its tracks from happening by “pulling the buy button off RobinHood” to strategically create the situation that forcefully caused people sell AMC to protect their equity! Are we going to witness another similarly decisive tactic utilized to protect the short interest from suffering the consequences of justice for their corrupt & evil trading techniques that exploit, manipulate, and control the world? Here we are now 9 months later after having the plug pulled on us the first time! We seemed to have gotten back down to a low of about $13.45 and we now seem to be finally making a rebound back up a little to like $20.55 at the moment. So it has taken 9 months to recover an we are barely doing it now. Will this go back up to $75 and then what tactic or trick will they pull out of the bag to tame this wild beast back down and keep it its cage this time? I am so amazed how long this has taken and how easily they can prevent it from truly happening. Do you still have 7000 shares? Right now I am currently sitting on 1000 shares of AMC and 5 Call Options. I am trying to figure out a day trading strategy to allow me to constantly make money for as long as this process takes to reach fruition so that I am not just sitting there watching this investment go up & down over and and watching my Call Options expire worthless over and over for ever & ever! So what’s your outlook on all this? I would love to hear your thoughts and brainstorm ideas with you. God Bless you!
Only 320 shares at the moment but still adding slowly, if it only squeezes to $1000 I can be debt free own our house outright and do some renovations. Hodling for more but would still be ecstatic with that outcome.
Right on! Love it
Holding 4,045 bananas. I hope to have enough money to buy a stake in the company I work for, and I want to buy a nice piece of land and put up a dope barndominum. I want to make sure my that my teacher wife no longer has to work to support our family. I am a disabled vet and my disability and part time work just doesn’t make ends meet. This money is going to change everything for us. Lastly I want to be able to pay for my brothers wife to receive the best medical care in the world. Last year our family received a huge blow when we found out that she has a terminal disease called pulmonary arterial hypertension. There is no cure except for a lung transplant, and without it she will only live a maximum of 12 years. So hopefully this money will be able to take care of all things. I HODL for you, and I know you all will HODL for me.
Between a Buddy and me we have close to 30,000 shares and plan to HODL as long as we can to make sure EVERYONE gets bananas for years to come! AMC100K!!
That’s an insane amount of shares congrats 🍾
So many different price targets I only have about 40 shares but I hope the big holders keep holding until the price goes high enough I can take some time off work and get my cancer treatments. If nothing else I can at least leave my family without a ton of debt.
The community will be holding high
WOW. Reading all this is inspiring. My well to do buddy jumped in on 20,000 shares and I did what I could to to keep up and started with 10,xxx and am now a total of exactly 14,200 shares. I thought we were nuts after a while but seeing others out there with their big hairy Ape nuts on the line (Hairy Ape tits I guess for the ladies), I got a small feeling of comfort knowing we’re not alone. Cheers to the future.
Lmao 😂- thanks for reading brother. Cheers ape 🥂
You have a good heart Matty – thanks for commenting brother
I’m still a baby investor. I only have 19 shares. I hope to double or triple that before the squeeze.
Right on!
Hello, I am from Germany! Ultimately positive and uninfluenced news on AMC. I can now have some faith in journalism again
I appreciate the comment 🙏Greetings from the U.S to our readers in Germany 🇩🇪
We can do this!
☝️💯💯💯
I’m new to investing but I have 10 and still buying
Welcome!
AMC 100K!
🔥🚀
I purchased all my AMC shares via Robinhood. I was reading something that suggested Robinhood was not a good place to buy these AMC shares, but I am confused on why that is. Can someone explain to me why Robinhood is a bad place to buy the AMC shares?
Hi Brian – thank you for your comment. The reason being is that Robinhood stoped retail investors from buying GameStop stock during its heavy momentum. This manipulation caused an outrage. Retail investors were only allowed to sell 🤔 retail investors have switched brokers to avoid this from happening with AMC.
Great article. Holding at 750 bananas. Hoping to set up an early retirement or at least become debt free
Thanks Pat! Becoming debt free is one of people’s biggest financial goals, love it
372 bananas …. looking to get some more … i don’t want much ,just to be able to get a place that i can call home and get rid of the rent stress.
Love it 🙏 shoot for the moon 🚀
Could only afford 150 shares being a 2nd year mechanical engineering student, but I am hoping to have no student debt and get my mom out of debt too. Just got into the stock market, missed the first squeeze. Helps being Canadian, my dollar is worth less :). $1000 minimum!!!
Haha! Cheers brother 🍻🚀
FrankNez—it’s “Robinhood”, not Robing Hood. C’mon bro.
No brother, they rob ya!
It would mean my gf and I can live a wonderful life without worrying about the financial bumps! Pay off all our debt and be super happy!!
I hope it happens and I can look back at this comment and be so thankful!
Love it brother – thanks for your comment
Holding 2850 shares. Been holding since February. Took part in the first squeeze in January, made 10k, and doubled down my position. It’s been a ride but I know the squeeze is inevitable. Reading this post has helped strengthen my patience.
Great multiplier brother! Happy to hear my post has helped you during this crazy battle. I’ve been holding since February and I’m EXCITED for what’s coming 🚀
1000 shares in a tax free Roth IRA…..my dream house has a boat lift in the back yard.
You’re doing it right with the Roth IRA brother
2000 shares, 100 shares for each of 6 children, 400 shares for me a condo to live
near them, 800 shares for taxes, and 200 shares for church and helping others
Love how you broke it down 💰💯
8600 shares and holding. Single mom of 2. One of my children is disabled and this could change my life so I can afford to bring him home and take him out of adult residential living because I could finally afford a care giver 24 hers a day. Im a nurse for medically fragile children and I want to be able to purchase medical equipment that medicaid cannot always supply cost free. Parents cant always afford these things and I would love to set up a fund with some of my money.
Plus I of course would like to live a better life for my daughter and myself and bring her brother home.
That’s beautiful, Concetta. Sending positive thoughts out to you and your family 🙏💯 stay strong 💪
821 ,,, so far
To the moon
13450 shares and keep adding.
💰💰💰💰💰
Love your article! Open heart surgery survivor and cancer survivor here. Currently beating another cancer. Looking forward to my 1000 shares to help me retire after 36yrs of working and just enjoy my family.
Incredible – cheers to you Maria, keep strong 💪
Got to admit I only bought bec of FOMO. Now holding 1000 shares and excited to see what happens!
Next stop, the moon 🚀
1830 here, let the good times roll! Slowly adding to the total.
Blessings are coming!
650 shares 💎🙌🏼
💎💎💎
Holding exactly 776 shares. I just want to make sure my wife will be taken full care of after I am gone from this world. I made that promise to myself when we got married.
That’s deep brother 🤝
made some money on doge just bought 1000 shares
to the moon baby!!!!!!
Congrats on Doge, time to take AMC to the moon
2500 shares strong! Holding since early Feb. Probably bought over 30 times slowly adding to my total. Hoping for 1000!
Ooo that’s a nice multiplier!
I’m 950 shares long and climbing. Already have a house/car/dog/cranky ass wife and new golf clubs. I’m just in it for fun and will more than likely distribute gains back into AMC and charities.
I had to read this aloud to my partner 😂 love it
I’m a cranky ass wife and I approve this message 🤣😇
350 shares, to platforms. Recovering my retirement that resolved in ’08/09. Maybe, just maybe, this apette will find a way to retire sooner. ✌❤ 🦍🤲💎🚀
Early retirement sounds nice 🍹🕶☀️
300 Shares and WISH I could buy more.
I feel you on that one! Buying as I can
130 Bananas and goal is to het to 500 before squeeze! Def paying off student loans and house. Then starting my own business.
Love it – what kind of business do you want to start?
Just shy of 200 bananas 🍌!!
One of my brothers is around there too ⚡️
14,004 shares AMC $ 9.18 average … will pay for Medical School for our daughter … she is determined to become a pediatric surgeon!!!
Amazing 🙏
5000 shares and will be buying nore
Great multiplier 💯⚡️🍿
19,000 shares and buying the dips till we go to the moon. AMC1000!
Insane🍿💪🚀
132 shares is all I could afford. Holding for the Moon. Let’s hit 1K+ baby🦍🦍🦍🚀🚀🚀
Right on- Best of luck to you brother!
I now how 1000 shares. Even raised my avg to 9.13. Fingers crossed. I need this to happen soon.
Bossss
Sorry you are miss informed the price target is now $10,000/share.
500 shares and holding strong..To the moon we will go..
We’re all with you 💪
At 375 shares currently and recently divested from all long positions purchased last March when the market dropped. Said profits are going into AMC. Should land at just a hair over 1,500 shares.
I’ll continue to work and continue to invest until my investments can cover our lifestyle.
Holding until the moon, cause it’s time the little guy won for a change.
I put profits from other stocks into AMC too – Holding to the moon brother 🤝
13000 shares of AMC and I’m holding to see one of the greatest transfers of wealth from the 1%er’s. I love the negative publicity about how stupid we retail investors supposedly are. We’re not the ones paying interest in this game!
HOLD 🦍 🚀 🌕!!!
Holy moly! That’s quite a multiplier. HODL 💎🚀
Holding 2,000 shares. I’M Bullish 😉
Please join our Facebook forum group
1. AMC HOLDERS
2. AMC STOCK GROUP
3. Gorilla Gangz to the moon!!
Hold strong for your fellow AMC holders!!
Love it! Be sure to share on the forum Groups 😊
272 shares pushing for $500 first then pull out my initial investment and roll with the punches hoping for $1-$2k peak. I want to take my profits and quit my job and day trade for the rest of my life. Oh and be debt free!
Debt free, day trading, no boss – love it.
FYI pulling out early only weakens the squeeze potential and limits it’s peak
Big 200 and buying more! Just love the hype and community! Love what it stands for ! Less we forget! 2008.01! Not a penny less will I sell for!
The good guys always win!
I have 1055 shares and amc short squeeze will allow me to retire and have enough investment income to where I should be good for awhile. I will also pay off my home and do home improvements and vacation
That’s the life – best of luck John
To the moon
Never sell before 500$ minimum
Thanks for this great job
We will see us to the moon 🌙
To the moon brother
Great DD and info 2k bananas deep and strong ass ape hands.
Love it! Thanks for reading Franknez.com
1030 shares. I’ve never stopped working since I was 8 years old selling newspapers. This would finally give me a nice vacation and early retirement.
Cheers to that brotha
Single dad, always rented and this would be life changing allowing me to buy a house and be mortgage free
There it is brotha – best of luck
1600 bananas and holding….
To the moon – best of luck to you
Now i am the proud owner of 3607 shares! Wow what a difference 2 months makes!
Huge! 😄🍿💥🚀🚀🚀
Currently 3300 shares holding to the moon.($1000 or better) this will set off my retirement nicely. 🙂
Wow! AMCto1000 brother
Isn’t it amc 100k now? Why is everyone setting the bar so low. Don’t short yourself😂
It’s whatever you want it to be brother 🚀
Great article 👍 7600 shares and keep buying and holding 🦍
Insanity – cheers to you brother, thanks for reading FrankNez
Single dad 6 kids and 231 shares
Right on – best of luck to you brother
Currently retired. I can pay off my house, buy a truck and boat with cash. Help my son finish med school. Holding 400 shares to the Moon.
To the moon brother 🚀
I really hope this works out for you and your children!!!
40 shares and holding. Squeeze would give me time to take a year off of work at prepare my own business.
Sweeet – best of luck to you!
Squeeze would allow me to pay off my house loan and have a lot saved up for when I retire in 8.5 years. Of course a brand new Corvette in the driveway as well.
Absolutely love it!
650 Bananas For a new house in a new state!
Incredible – best of luck
I’m a amc share holder! 466 bananas 🍌 and I’m not letting go until amc5000!!! Cuz I love the stonk!
Wow that’s quite a number of shares!
Holding 1100 bananas and looking to sell $37,000 of TSLA shares to buy around 3500more bananas. When this squeezes I will be able to pay off all my debt and buy a home outright!
I liquidated some Tesla for AMC as well ☝️🥂
Same. I sold Tsla and amzn. Let’s see where it goes.
Liquidated some TSLA as well.