AMC Entertainment stock has caused havoc for short sellers shorting the stock. Hedge funds have proven to lose billions of dollars from the ongoing ‘meme’ stock frenzy.
Momentum stocks, as I like to call them, are more than just plays for money. Retail investors have conjured up a real movement for change.
And although mainstream financial news platforms say it’s over, it’s far from it. Hedge funds betting against AMC just borrowed more than 4 million shares to short the stock.
They just dug themselves a deeper hole.
Welcome to Franknez.com – the best blog for new and seasoned retail investors. Today we’re discussing AMC Entertainment stock.
Lets get started!
Is AMC Stock Shorted?
Short sellers just borrowed more than 1 million shares to short the stock. Although AMC has had major buying pressure all year, shorts continue to attack retail and the company.
The community wants to see chairman of the SEC, Gary Gensler, take action towards banning activities such as naked shorting, dark pool trading, and PFOF.
The SEC was created in 1929 after the infamous Stock Market Crash of 1929 to protect retail investors against the manipulation from hedge funds and short sellers. However, it was established in 1934 with the passage of the Securities Exchange Act, a law formerly governing the trade of securities.
Overleveraged positions in the markets have been the cause for economic meltdowns resulting in significant losses for the American people. Our government has always had the power to fix the biggest problems retail investors currently face.
Why no real regulation has truly protected retail investors is the big question. Talks of ongoing investigations have risen but actions will have to speak louder than words.
AMC’s stock price continues to be suppressed through overleveraged means only hedge funds and short sellers have access to. The ape community has sparked a movement towards fighting for a fair market and aren’t going anywhere until real change has occurred.
How Can We Appoint New Leaders In The SEC?
Members of the SEC are appointed by the President of The United States himself.
The SEC is headed by a five-member board of commissioners. Members are appointed by the president with the advice and consent of the United States Senate.
The president does not have the authority to remove members once they are confirmed. No more than three commissioners may belong to the same political party. The president appoints one board member to serve as chair.
Change will only happen if we the people voice our concerns publicly. We have the right and the power to overthrow any form of incompetent government.
We must let these powers know that we see them and understand that they have the power to make things right. There are more than 4 million of us in this community. Our voice is our strength.
Will AMC Continue To Run Up?
I’ve been in this community since early February and the sentiment has not changed. 80% of AMC’s float is now owned by retail investors and the movement keeps growing. The stock market is based on supply and demand, and so retail investors are in command.
Although AMC’s share price is being suppressed by heavy shorting in the market, AMC Entertainment stock will continue to run up as long as retail investors continue to buy the stock.
Which isn’t going to be a problem by the way. AMC is more than just a stock, it’s a movement.
Hedge Funds Will Continue To Face Mounting Losses
There are no signs of retail letting off the gas pedal. Investors in the ape community continue to buy the dips and hold their stock no matter the pressure.
Short sellers have already lost billions this year and continue to mount losses in liquidity and debt.
Betting on this stock, the company, and its massive community has been a terrible financial decision.
What Financial Institutions Are Shorting AMC Stock?
AMC Entertainment is currently being shorted by numerous hedge funds and financial institutions. Here’s a list:
- Simplex Trading LLC
- Susquehanna International Group LLP
- Citadel Advisors LLC
- 683 Capital Management LLC
- Anchorage Capital Group LLC
- Group One Trading LP
- Wolverine Trading LLC
- Bank of America Corp DE
- Millennium Management LLC
- Piction Mahoney Asset Management
AMC Has Changed Millions of Lives
AMC Entertainment has changed the lives of movie goers through the theatrical experience we’ve all missed since the lockdowns. The company has unintentionally sparked a movement greater than ourselves, resulting in the resurrection of the movie theater industry during the process.
And it’s changed the lives of millions of retail investors, netting significant profits to majority of its shareholders.
Whether you’re holding for a short squeeze or to be part of a community with a movement, you cannot deny AMC has attracted change. So, lets continue to be that change the world and our community needs.