Category: Investments (Page 1 of 9)

How Soon Will We See An AMC Short Squeeze?

How soon will we see an AMC short squeeze?
Franknez.com
AMC Short Squeeze – #AMCtothemoon #AMC

What a storm. What a battle right? AMC keeps on keeping on, and although AMC has been on discount recently, retail investors continue to buy and hold it.

Retail investors are very excited about the data that’s been collected for months now.

Will we see an AMC short squeeze while we continue to ride this bear?

And if so, how soon?

franknez.com

Welcome to Franknez.com – the blog providing you with content on stocks, crypto, and market news. Today we’re discussing AMC Entertainment stock.

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 $18.84 on January 18th. The stock has surged since early this year due to volume despite short sellers attacking it. AMC Entertainment is set up for a short squeeze.
  • The perfect time to buy AMC stock is when the market is red, or what we refer to as on ‘discount’. AMC is looking bullish though, red days might just be over.
  • AMC entertainment continues to be the most heavily shorted stock in the market.

Some of you reading this article might have been holding since January now.

Kuddos to you for holding the line.

If you’re a new retail investor getting in on AMC be sure to thank the seasoned apes when you get a chance.

Below is a series of documented facts and positive news that all influence AMC’s potential towards a short squeeze.

One thing is certain, it’s inevitable.

AMC stock news and highlights

FOX Business reported AMC to have a strong chance of a short squeeze.

Coming from a big news platform it certainly brings the stock sentiment up for most retail investors.

This is the type of news retail investors need to keep an eye out for.

AMC Short Squeeze News Fox Business
Strong chance of a short squeeze – Fox Business AMC

AMC is still currently the most shorted stock in the market.

Unfortunately, MarketWatch has completely obliterated AMC from their list. Being a hedge fund affiliate, retail investors suspect foul play.

President and CEO of AMC Entertainment Adam Aron, announced AMC will reopen all 13 AMC theaters in New York City as of March 5th.

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.

Melvin Capital suffered 49% loss 1st quarter

Melvin Capital AMC Stock
Melvin Capital Hedge Fund – AMC

This is huge! 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.

Here’s why this matters:

  • Not only are shorts losing money every day but huge hedge funds are bleeding
  • This is a huge win for retail investors
  • Unless shorts close their positions, hedge funds will continue to suffer
  • Interest rates can skyrocket for short sellers enabling them to close their positions
  • An AMC short squeeze might be closer than we think

Here’s what retail investors can do:

  1. Continue to hold your positions, it’s free
  2. Buy the dips to counter any short attacks
  3. Share articles on social platforms that can provide value to the community
  4. Keep a close eye on the stock to not miss the squeeze

I’m going to discuss a little more on the short borrow fee that continues to increase for these hedge funds shorting the stock.

This is going to be a massive component to a short squeeze.

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Positive news for AMC Entertainment

Adam Aron gives positive news on AMC Entertainment
  • 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 have been trying to redirect the public from investing in this stock.

That’s primarily because hedge funds are losing millions by the day.

A short squeeze could even put them out of business.

This is why it’s important for me to spread the positive news surrounding AMC.

I don’t believe in the manipulation of the media and I will continue to update these articles as more great news unfolds.

There will not be a 500 million AMC share dilution!

In recent news, Adam Aron has announced that AMC Entertainment no longer plans on proceeding with the plans of adding 500 million more AMC shares to the arsenal in a tweet on Tuesday, April 27th.

Adam Aron AMC Entertainment CEO Twitter
Adam Aron – President & CEO of AMC Entertainment

You can read AMC Entertainment’s official announcement on their press release page here.

Is AMC Shorted?

AMC’s current short interest is trading around 19%.

As of 1/18, we’re seeing 6,100,000 short shares have been made available to borrow, via Stonk-O-Tracker.

AMC continues to be heavily shorted despite what mainstream media claims.

AMC’s short shares available will be updated here so be sure to bookmark this page.

AMC Short Shares Available To Borrow

While shorts might have the capability to short AMC stock, this is only temporary.

They will run out of borrowed shares and eventually have to cover.

There are finally investigations going around regarding naked shorting.

Yeah.. I sense a grand mother of all short squeezes. #GMOASS

BREAKING: Anchorage Capital closes after betting against AMC stock

What does this mean for the AMC shareholder?

Expect to see gains after shorts have run out of borrowed shares to use.

Hedge funds and short sellers alike have dug a deeper hole for themselves.

What this means for the AMC shareholder is a squeeze bigger than anything the market has ever seen before.

I am personally doubling down.

Not only is bankruptcy off the table (via. Los Angeles Times), but AMC movie theaters are now about to begin reopening in larger parts of the United States.

Which of course now introduces revenue.

AMC Q1 earnings for 2021

AMC announced their Q1 earnings for 2021 on Thursday, May 6th. Things have been looking particularly bullish and optimistic since that point.

For the retail investor this means the upper hand is yours.

AMC Entertainment has raised over $2 billion dollars to hold them off until the year 2022.

If you missed the conference call you can view it here for your viewing pleasure. [ARCHIVE DATA]

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.

AMC Q2 2021 highlights

  • 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.

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When will an AMC short squeeze happen?

When will an AMC short squeeze happen?

It’s really hard to tell.

Even experts can’t identify an exact date and time.

However, the possibility of an AMC short squeeze is certainly possible given that it is still the most shorted stock in the market and the stocks volume continues to rise.

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 losing money, it’s only a matter of time before the short borrow fee continues to skyrocket and shorts have to close their positions.

It’s tendie time!

Analyst AMC predictions

With that being said, Trey’s Trades predicts a short squeeze is now certainly guaranteed. Trey has been a leader in the AMC community and deserves a spot on this page.

More data points towards the stock reaching $1000+ per share.

See what stock analyst Trey has to say.

AMC short squeeze

The real questions is how can retail investors make this AMC short squeeze happen?

We know that short-sellers eventually have to cover their spots. This means that they will eventually have to buy AMC stock at the current share price.

  1. 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.

NOTE: Retail investors do have to sell a bit as the price goes up in order to keep that momentum. Look at it as giving rats crumbs. Not only will they want more but they’ll need more.

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. The results? A short squeeze.

Hedge funds are doing everything they can to prevent a short squeeze

How are they doing this?

  • By promoting false information online (we’re certain you’ve seen it)
  • Through strategies such as short-ladder attacks in the market
  • And, by restricting certain brokerage accounts from allowing its retail investors to purchase or buy shorted stocks (Robing hood)
AMC Gorilla

This is what retail investors can do to fight corruption

  • Share content that presents facts (blog posts, analysis videos, etc.)
  • Continue to educate yourself and make investment decisions based on your personal analysis
  • Protect the community and one another
  • Follow your instincts

Read: How Hedge Funds Manipulate The Stock Market

What will a 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’.

What will an AMC short squeeze look like?

It seems we’ve already hit the bottom.

AMC continues to be heavily shorted through dark pools.

This price level can be seen as a buying opportunity for retail investors looking to squeeze shorts out of their positions.

We’ve seen resistant levels around $14-$16 recently which is a great push from $5.

We’re now sitting at $18.84 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.

Retail investors will have to hold their positions through upcoming gains if they want to see AMC short squeeze.

But most importantly, they’ll have to refrain from selling at the first sight of gains if they are to see bigger and more massive gains.

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.

AMC Short Squeeze Stock Prediction

New retail investors are wondering whether $1k, $10k, or even $100k per share is even possible.

Gabe from ReviewDork does some math that’s going to leave you with an open mind.

AMC stock price predictions range from $1,000 to $100k+.

Will AMC reach peaks like GME?

AMC has been fortunate enough to receive more publicity and hype than GME did, at least recently.

The volume will speak for itself and retail investors will just have to wait to find out.

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.

Analysts are predicting AMC can even go above the $1K mark if retail investors and institutions alike continue to buy and hold their positions.

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!

Is it too late to get in on AMC stock?

Absolutely not, at least not yet.

AMC Entertainment is still heavily shorted.

You will have to decide whether its current share price is worth it if trades at $100, $500, or even $1,000+.

AMC Entertainment stock has not even started squeezing yet.

Redditors have touched base on this topic and advise anything below $100 is a buy.

I’ve been personally buying the stock when it dips.

This allows me to pick up more shares at a discount.

If you’re a beginner, I recommend buying 5-10 shares of AMC stock.

This amount will give you a feel of the market.

Not only is it affordable, but if the market is red you won’t see much loss on paper.

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.

Short sellers could have covered back in August when AMC’s stock price was trading at $30 levels or even today.

However, AMC gets really uncomfortable under $30 per share.

Read: AMC stock is primed to bounce back up: MOASS

What if a short squeeze doesn’t happen?

If an AMC short squeeze doesn’t occur, AMC stock price will still go up allowing shareholders to make at least some sort of profit.

With AMC theaters now open, it’s inevitable that the company will begin to see bigger sales revenue every time a new title is released.

I update this post when new titles make the headlines regarding earnings.

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.

However, a short squeeze not happening is very unlikely as AMC is currently the most shorted stock in the market and most held stock, beating both Apple (AAPL) and Tesla (TSLA), via. NASDAQ.

Majority of the float is also held by retail investors and short sellers are going to be forced to close their positions very soon, more on that coming up.

As Mark Cuban bluntly put it, keep holding.

Why hasn’t AMC squeezed yet?

AMC hasn’t squeezed yet primarily to two main reasons.

  1. We need more volume to drive the stock price action up
  2. Shorts need to close their positions

Volume really just comes to more and more retail investors as well as institutions getting in on AMC stock.

Regarding shorts covering, 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.

AMC short borrow fee

As of 1/18 AMC’s short borrow fee rate is 0.60%.

Read: When do shorts have to cover their position? (AMC)

Aside from this, 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 is a reason why we’ve seen some selloff in the market a few weeks ago.

However, Adam Aron has brought awareness in an interview with Trey’s Trades that this selloff from Wanda is simply policy from China.

Retail investors should not be concerned.

Is AMC Ever Going To Squeeze?

All the numbers point towards the right direction for a massive short squeeze.

Shorts and hedge funds continue to lose money every day.

The interest is growing at an alarming rate and AMC’s current utilization is around 75%.

The lives of these retail investors are about to completely change.

Say goodbye to your old world.

Related: AMC margin call: the squeeze is inevitable

And lastly…

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If you haven’t subscribed to our newsletter be sure to do so to stay informed when a new blog post is published.

Blog posts will range from personal finance to business and even investing posts like this one.

Also, don’t forget to connect with me on Twitter, Instagram, and Facebook.

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Join the AMC with Franknez.com Discord here!

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.

#AMCtothemoon #Diamondhands #AMC1000 #SaveAMC

You can view my stock πŸ“Š and crypto πŸ’° purchases on Patreon.

Related: Will AMC Squeeze in 2022? [Short interest data]

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How to Invest In The Stock Market For Beginners

How To Invest In Stocks For Beginners
How to invest in the stock market step by step for beginners

There comes a point when you realize that in order to build wealth it will require you to build multiple streams of income. The average millionaire has seven. The stock market is one way you can invest your earned income in order to start earning passive income and multiply your money. Here’s how to invest in the stock market step by step for beginners.

Franknez.com How To Invest In The Stock Market For Beginners

Welcome to Franknez.com – the blog where you can digest content on personal finance, entrepreneurship, market news, and trending investing topics.

Lets get started!

I’ve been investing in the stock market since 2019. When I learned how to open a brokerage account and buy company stock, I knew I had to show people how to do it too.

Everything I found online was outdated so I wanted to make it easy for people to start. This is how you do it.

#1. Set a budget when planning to invest

set a budget when investing

Before you begin to invest you will need to set a budget on your first investment(s). The great thing about the stock market is that you can invest with as little as $50 or so depending on the cost of a share.

A share is a fraction of a company you can own and earn money from as the company grows and profits over a period of time.

Example

If you set a budget of $200 and the share of a company you want to invest in costs $50 then you can purchase (4) four shares of said company. If a month later the shares you purchased are worth $60 each then your shares would now be worth $240, resulting in a $40 gain. This is how investing in the stock market works.

Note: I highly recommend having your emergency fund built prior to proceeding with investing in the stock market.

It is important to highlight that the money you invest in the stock market will need to be money you can tolerate losing. The stock market is volatile meaning the value of your assets is constantly going up and down.

Something to keep in mind is that the value of your investments can go down just as fast if not faster than they went up. Now, this is not addressed to scare you. The stock on average has an annual return of 6-8% per year.

Why should you invest in stocks?

Investing in stocks is a great way to diversify your portfolio. You don’t want to keep all your eggs in one basket. For this reason, the wealthy invest in companies they believe have long-term potential to thrive and to multiply their investment.

#2. Know what to invest in

Now that you’ve set a budget you’ll need to know what you want to invest in. Once you do, find the stock market symbol of the company on Google search engine.

If you wanted to invest in Coca-Cola for example, you’d search ‘stock market symbol for Coca-Cola’ on Google.

You’ll see that the NYSE (New York Stock Exchange) symbol for Coca-Cola is KO. This is how you will identify and search for companies to invest in when you’re in the market to buy stocks.

Here are some different type of investments you can invest in within the NYSE.

Stocks

Invest in stocks coca cola stock
How to invest in stocks for beginners

A stock is a share of a company just like Coca-Cola. Buying a share from one specific company is a stock. Stocks are good to purchase if you strongly believe in the continued success of your choice of company. Invest in companies that have room to grow and are constantly innovating.

Stocks I personally favor are Tesla, Apple, and Amazon. These tech companies are always innovating therefore I have strong conviction towards their continued growth and success.

Index Funds

Invest in index funds
How to invest in the stock market

An index fund is a fund that tracks and follows the index (growth) of a group of companies.

When you own a share of an index fund, you own a percentage of a pool of companies oppose to just one company. What makes an index fund great is that if a company within an index fund isn’t performing very well there are other companies that may balance the overall performance of the fund resulting in a fair return.

A popular choice is the S&P500. This index fund tracks the performance of the top 500 companies in the United States. This type of investment tends to be a less risky and yield great profits over the long run. It’s an investors favorite and I personally hold shares in the S&P500.

Bookmark: Retire a millionaire with the S&P500: is it possible?

REITS

Invest in REITS
How to buy REITS

A REIT (Real Estate Investment Trust Fund) is very similar to an index fund. The only exception is that it invests exclusively in real estate companies oppose to other businesses.

If you want to invest in real estate without the hassle of learning the game, using cash up front, or getting into debt, REITs are a great way to diversify your portfolio into the real estate sector.

A great REIT I’m invested in is VNQ with Vanguard.

Which investment is right for you?

Each of these investments has their own benefits. My suggestion is to research them individually as all of our needs are very unique. As your skills develop as a retail investor, you’ll find yourself having a diversified portfolio consisting of all three.

Invest in the stock market and learn to identify which investment is best for you.

Price is what you pay. Value is what you get.

Warren buffett

#3. Choose a Brokerage Firm to Begin Investing in The Stock Market

This is the fun part. Choose a reputable online brokerage firm. A brokerage firm is a platform where you will be doing all of your investing through the NYSE.

Here you’ll be able to purchase stocks and sell them. Each brokerage firm has their own customer advantages but are very similar to use. Here is a list of brokerage firms you can open an account with and sign up for free.

Check out each brokerage firm’s website and see which feels more comfortable for you to navigate. Do some research on each of them to see which has the strongest potential for your needs. I personally use Vanguard.

Vanguard investment - brokerage to invest in stocks
How to invest in the stock market for beginners

Note: When you purchase investments, there are small commission fees your investments will pay out to the firm. They are very small in most cases and don’t hinder your earnings like you’d think. Vanguard has the lowest fees.

Each brokerage firm will have different commission fees and the percentage will vary in each firm. For example: Coke (KO) will have a slightly different commission fee in every firm despite having the same share cost.

#4. Open your account

For this step-by-step on how to invest in the stock market I’m going to use Vanguard. Vanguard is one of the most reliable brokerage accounts you can use.

how to invest in the stock market using Vanguard
Franknez.com
How to invest in stocks for beginners

Head over to Vanguard and select ‘Open an account’.

how to open an account to invest in stocks with vanguard
franknez.com
How to invest in stocks with Vanguard

Select ‘Start your new account’ to get started.

Vanguard Account

Choose the method you will be funding your new account. You can choose between:

  • Electronic bank transfer or another Vanguard account
  • Rollover from an employer plan (e.g., 401(k) plan)
  • Transfer investments from another financial firm

Most new retail investors will be choosing the first option, using an electronic bank transfer to fund your account.

Open a vanguard account

Before you open your account to begin investing in the stock market you’ll need your bank account and routing number as well as other personal information.

Once you’re in it’s time to transfer funds into your account.

#5. Transfer Funds Into Your Brokerage Account

Congratulations! Now that you’ve chosen a brokerage account to invest with, you’ll have the tools at your disposal to begin investing.

Navigate throughout your brokerage website. Get comfortable with where things are. Things might seem very new at first, intimidating even. Don’t worry, now that you’ve begun something new you’ll begin to take the first steps toward self education.

First, you’ll want to learn how to transfer funds into your brokerage account. I will be demonstrating step by step how to do this using Vanguard.

Toggle the settings to connect your bank account with your brokerage account so you can start to invest in the stock market. This direct line will allow you to transfer funds into your account so you may begin to purchase shares. Once you have this set up you may transfer the money from your budget to invest in.

Vanguard investment

#6. Make Your Very First Investment in The Stock Market

Now that you’ve transferred your funds over to your brokerage account, navigate through the site to make your very first purchase. Search the symbol of the stock, index, or REIT you will be investing in.

Note: Before purchasing, make sure you thoroughly navigate the website to get comfortable using it. This will make the purchase experience a lot easier.

Once you pull up the investment, go through the details provided on the page. You should be able to see its history, it’s projected return, its risk level, and so much more information about the investment.

Invest Vanguard

Purchase the investment!

Purchase the investment with the option set to ‘Market’. This option will allow you to purchase the investment instantly at the price it’s worth.

We suggest doing a test purchase since this is your first time investing in the stock market. This will help you get a feel for it. Purchase one share so you understand the process. It will serve as good practice and experience.

Congrats on buying your first share!

Follow up on your investment the following day and see whether your investment had gains or losses. You’ll see for the very first time how your investment grew in value or decreased in value. You now have a taste of what it’s like to invest in the stock market.

Bookmark: My top picks of stocks to invest in right now

franknez.com

Franknez.com πŸ‘‘

I have personally invested in stocks since 2019 and have learned a lot about the stock market. In fact, I’m still learning today. I published an article on the best tips and advice for beginners investing in stocks to further help you on your journey.

Stock investing is all about strategy. When you make money in the stock market you may let it sit and accumulate over time, or you may cash in your profits and allocate those gains towards other opportunities.

This is why I believe investing in stocks is extremely important to someone who wants to build wealth. The stock market allows you to multiply your hard earned money so you may further invest it in other assets.

Read: Best Tips & Advice For Beginners Investing In Stocks


If you received value from this post please be sure to share it with someone who’s working towards becoming financially independent and who is also building their financial future.

My mission is to help people all around the world attain financial stability in order to live their best lives possible.

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Everything You Need To Know About Dogecoin Crypto

Not investing in crypto yet? Bookmark this article to learn how!

Dogecoin
Dogecoin

Dogecoin has taken the internet by a storm. This cryptocurrency keeps increasing in value and it’s leaving old economic ways behind.

Doge is currently known to be ‘The Internet Currency’ since the takeover of memes and online trading.

Although Dogecoin started as a joke, it has now succeeded as a peer-to-peer cryptocurrency.

Doge has hit another milestone thanks to no other than Elon Musk who seems to love this cryptocurrency and its community.

Dogecoin soared 800% in just on day in late January. We saw a spike in AMC during this time as well.

Now, the fact that Elon Musk can tweet out a meme and allow a community of investors to make money from it is hilarious and amazing at the same time.

The influence man. We’ll go over that a little later. Let’s go over why Dogecoin is causing a disruption and frenzy everywhere online.

franknez.com

Welcome to Franknez.com β€“ the blog where you can digest content on stocks, crypto, and market news. Today we’re getting into Dogecoin.

Lets get started!

What is Dogecoin?

Dogecoin is a digital currency that can easily be sent online from person to person with total security.

You can send Dogecoin to people internationally within seconds. Dogecoin is also now being accepted by online retailers! This means you can use it actually purchase both digital and hard goods from businesses accepting this form of payment.

Dogecoin Cryptocurrency launched at the end of 2013. It rose in popularity at a time when the creators were just beginning to explore the possibilities in regards to Bitcoin’s invention.

It is currently a hype coin due to the Reddit community teaming up to take it to the moon. Which by the way they’ve done an excellent job in, attracting multiple celebrities to the cryptocurrency and meme community via Twitter.

Pre-Dogecoin

Dogecoin currency was originally copied from an earlier cryptocurrency known as Luckycoin, which no longer exists. In 2014 Dogecoin’s mining process was integrated with Litecoin’s.

What is cryptocurrency mining?

Mining is a term used when cryptocurrency data such as transactions and data blocks are being recorded in a blockchain.

So, who created Dogecoin? The developer known to invent Doge are Billy Markus and Jackson Palmer. Their idea came about when deciding to create a form of payment that could be instant, fun, and free from traditional banking fees.

What can I purchase with Dogecoin?

You can buy gifts, groceries, services, and pretty much just about anything else the dollar can buy online.

You’ll be surprised that the Dallas Mavericks are have accepted Doge as a form of payment for both tickets and merch.

In fact, they are currently the largest Dogecoin merchant in the world. More on that below.

Companies accepting Dogecoin as payment

A few companies such as The Kessler Collection announced that it would be accepting Dogecoin for payment at its hotels through their partnership with BitPay.

The Kessler Collection owns some of the biggest hotels and resorts including the Beaver Creek Lodge, Casa Monica Resort & Spa, Elliot Park Hotel, and Grand Bohemian Hotel Asheville to name a few.

Even the adult entertainment industry has begun accepting Dogecoin payment along with Bitcoin and Ethereum.

Adult entertainment accepts dogecoin as payment

Dogecoin is primarily used in the gaming and streaming world as a means to tip content creators. We’ve seen this on Reddit and Twitter.

However, more and more mainstream companies are accepting cryptocurrency as a form of payment. The question is how did all of this blow up?

BREAKING: Elon will accept Dogecoin as payment for Tesla merchandise

Why is Dogecoin so big?

Dogecoin is revolutionizing the way we transact and buy things. There is no middleman or bank to process your transactions or take a cut.

Every transactions is also completely anonymous.

Dogecoin has a block time of 1 minute while other cryptocurrency has a block time of approximately 10 minutes. This means transactions are a lot quicker if you’re using Doge. This is something people really love about Doge.

Because of this, Dogecoin is a better use-case as a currency than other cryptocurrency because of how convenient it is.

The power of social media

Elon Musk took to twitter his personal support for Dogecoin. SpaceX’s CEO influenced Doge to soar more than 100% from one tweet alone.

But that’s not all, Elon has now published several tweets regarding cryptocurrency in general, we’ve seen this with Bitcoin too. Elon has figured out that his influence can legitimately increase the price of an asset.

We wonder if this is all a test. Can he do this with other assets?

Well, people figure he can. Retail investors and meme investors alike tweet Elon every day pitching him ticker symbols to call out. This of course is in hopes that said stock will see a surge in price action.

Oh come on Elon, do us all a favor!

Elon Musk Tweets Doge

While some people might have thought Elon to be a little crazy for supporting cryptocurrency, the Reddit community surrounding these meme stocks and coins have praised Musk.

When you have someone as big as Elon Musk supporting your community it no longer becomes a joke. He’s even announced that you can now buy a Tesla with Bitcoin.

For those of you who thought cryptocurrency was just a trend, think again. Cryptocurrency is changing the way we transact and view the digital world.

Other celebrities that have endorsed Dogecoin include Snoop Dogg, Gene Simmons, and Kevin Jonas. Mark Cuban just recently announced he would be accepting Doge as a form of payment for tickets and merchandise.

Mark Cuban dogecoin

We’ve seen Mark support what retail investors are doing in the meme world of stock investing as well. He’s mentioned on r/wallstreetbets that his 11 year-old son took a position in both AMC and Blackberry stock via. Markets Insider.

Related: How soon will we see an AMC short squeeze?

Dogecoin fundraising

The Dogecoin community and foundation raised about $50,000 worth of Doge in 2014 for the Jamaican Bobsled Team, which had qualified for but could not otherwise afford to attend the Sochi Winter Olympics.

This act inspired a second donation by the Dogecoin community led by Eric Nakagawa. Donations were collected to build a well in the Tana river basin in Kenya with Charity: Water. They raised approximately 40 million doge valuing $30,000 at the time.

In this same year, the community also raised 67.8 million Dogecoin, approximately $55,000 at the time, in an effort to sponsor NASCAR Sprint Cup Series driver Josh Wise. Also nicknamed ‘Moonrocket’. The car featured a Dogecoin/Reddit paint scheme.

What’s the difference between Bitcoin and Dogecoin?

Dogecoin stands out as being the easiest and quickest to transact. Another advantage this cryptocurrency has over Bitcoin is that it’s cheaper to use.

This is mainly because until recent times it’s been less popular than Bitcoin.

Cryptocurrency supply

Bitcoin has a max supply of 21 million gill which means it’s a deflationary type of currency. Because there’s only an exact quantity of currency, the price action will continue to surge as the demand for Bitcoin increases. This is Bitcoins advantage.

Dogecoin on the other hand is an inflationary currency which means we continue to make more of them. Just like our USD. It’s initial supply was capped at 100 billion DOGE, but developers scrapped this idea a few months after the launch.

10,000 dogecoin is being created every minute. Unlike Bitcoin, there’s no limit to how much doge can exist. While Dogecoin can spike in the short-term, it’s highly unlikely it holds its value once more people start using it. This is primarily due to the fact that Doge is being created every minute.

What does this mean for the price of Doge?

1 dogecoin = 1 dogecoin

Because Doge is not rare, all this means is that it’s going to take a lot more work for Doge to increase in price. Once the entire world is using Dogecoin, chances are 1 dogecoin will equal 1 dogecoin.

Can Dogecoin reach $1?

According to the market cap, Doge is worth approx. $0.31. In order for Doge to reach one dollar it would need a price increase of 300%. That’s quite a big jump.

The market cap would have to be approximately 125.4 billion which is an insane number. Doge will have to grow larger than the top 8 cryptocurrencies combined:

  • Bitcoin
  • Litecoin
  • Stellar
  • Chainlink
  • Cardano
  • Polkadot
  • Ripple
  • Tether

The closes cryptocurrency with that market cap is Ethereum. Doge could potentially reach $1 but it’s going to take quite some time.

The question is, will there be enough hype and people getting in on the cryptocurrency to increase the market cap up to 125 billion?

You be the judge.

What’s with Doge 4/20?

Doge 4/20, also referred as Doge Day, is the day the Dogecoin community hopes to celebrate the day Doge reaches $1.

Even Snickers is getting in on the celebration!

Snickers even went as far to put a Dogecoin gif on a Snickers bar candy wrapper. You gotta love the hype!

DogeDay 4/20

Even if Dogecoin doesn’t go to $1 on April 20, it’s highly likely the community marks 4/20 as DogeDay.

So what exactly happened on DogeDay 4/20?

They cryptocurrency actually dipped with many investors continuing to add to their positions. DogeDay could have really used a tweet from Elon.

Recent Dogecoin news

  1. Dogecoin crashes Robinhood: Robinhood just recently announced that they would be allowing their users to buy Doge from the platform. The results? A massive crash. Though, everyone was still able to buy Doge.
  2. A petition for Amazon to start accepting Dogecoin has surfaced on change.org. You can view it here. If that happens then the price of Dogecoin will skyrocket.

With Dogecoin getting more popular by the day, it’s no surprise transactions crashed Robinhood.

Investors beware, Robinhood is no longer known as a quality trading platform since the halt of GameStop and AMC purchases. Don’t say you weren’t warned.

If Dogecoin is accepted as a from of payment from Amazon, this will influence more people to by the cryptocurrency, as well as increase it’s value. Whether this happens or not we’ll just have to find out. This post is continuously being updated as recent news and updates emerge.

Where can I buy Dogecoin?

Here’s a list of exchanges where you can buy Dogecoin:

  1. Coinbase πŸŽ‰
  2. Kraken
  3. BKEX
  4. Paribu
  5. Binance
  6. VCC Exchange

Your English platforms will be Coinbase, Kraken and Binance. I personally use Coinbase. The layout is simple and easy to use.

Dogecoin coinbase

Making my first deposit in Coinbase was easier than I thought and it didn’t take long at all for my deposit to go through.

Purchasing cryptocurrency seems quicker and easier than purchasing stocks which is something I really liked. Perhaps it’s Coinbase’s quick layout that makes it seem so easy to transact. I highly recommend it though, be sure to check it out for yourself.

How much does Dogecoin cost?

Dogecoin is currently trading around $0.26. and is ranked #8 in popularity on the watchlist via. Coinbase.

Will Dogecoin keep going up?

As long as people keep buying doge the price action will continue to go up. We’ve seen institutions and companies start to buy this cryptocurrency for quite some time now.

This reminds me of what’s going on with AMC Entertainment at the moment. More and more institutions are bulking up on the stock. We’ve seen that this of course drives price movement.

As doge continues to grow in popularity, so will its price.

Should you buy Dogecoin?

Dogecoin has the potential to be a crazy short-term investment. If you’re looking to make a quick trade then Doge could be for you. Especially with heavily influential people driving the value up with a single tweet.

Dogecoin is a token that can be easy to transact in online communities. If you’re active in communities that accept it then it can be a great currency for tipping content creators you appreciate.

Or, if you want to simply be a part of the Dogecoin movement and have some cryptocurrency in your portfolio, buy it.

How can I keep my cryptocurrency safe?

keep your dogecoin safe with ledger nano cold storage wallet

It is best not to keep your cryptocurrency in your exchange accounts. You can send your cryptocurrency to a cold storage wallet. These are basically USBs with passwords. Ledger is a company known for it’s cold storage wallets.

If you happen to hold a large amount of cryptocurrency, I suggest investing in one of these bad boys for a peace of mind.

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Why Didn’t AMC Squeeze Last Year in 2021? [Deep Dive]

Why didn't AMC squeeze last year?
Why didn’t AMC squeeze? And can it squeeze this year?

Many of you might be wondering why AMC didn’t squeeze last year in 2021.

The stock had an incredible year overall.

Retail investors who got in for a short squeeze play early came up more than 1000%!

However, these retail investors knowns as ‘apes’ continue to hold the stock into 2022.

After all, people got in for a short squeeze play, not to make a quick buck.

So, why didn’t AMC squeeze last year in 2021?

franknez.com

Welcome to Franknez.com – today I want to touch topic on AMC since it’s been the most anticipated stock of all 2021. You’re going to want to stick around for this one.

Let’s get started!

AMC was one of the most searched for ticker symbols in 2021 and consistently trended on Yahoo Finance throughout the year.

Many of you aren’t new to the blog.

I was an early adopter in the AMC saga and helped a ton of people get in on this play early.

So, what was so special about buying AMC stock in 2021?

After GameStop’s share price increased to incredible levels nearing $500 per share, retail investors noticed AMC’s short interest was also high.

A high short interest meant the stock was heavily shorted therefore short sellers could be squeezed out of their positions, triggering a short squeeze (massive price flux.).

AMC experienced massive gains from $2 per share up to $20 per share.

Momentum then further escalated AMC’s share price to $72 per share before slowly cooling off to today’s price levels.

However, AMC didn’t fully squeeze last year, it merely removed small shorts from their positions during these runups.

But more on that later, let’s break down what is currently going on with AMC stock.

AMC Continues to Be Shorted

AMC Short Shares Available to borrow

AMC was one of the heaviest shorted stocks in the market last year.

Though mainstream media might claim that AMC squeezed last year, it only experienced gamma squeezes (momentum).

Because the short interest did fluctuate, we can access that some short covering did indeed occur.

However, AMC’s short interest is still relatively high.

When AMC soared to $72 per share last year the short interest dropped from 20% to 14%.

AMC’s current short interest is at 17%.

AMC Short Interest 2022

This means there’s ample room for AMC’s share price to continue surging in 2022.

Why didn’t shorts cover their positions in AMC last year?

A few short sellers did cover their short positions in AMC last year, though according to the short interest many open positions remain.

In fact, according to the short interest data, there’s approximately more than 102 million shares on loan that have yet to be closed.

Financial institutions have to close these positions at some point, and that’s whether they’re profitable or not.

Because short squeeze plays are rare, we’re learning more about their development through AMC and GameStop.

The matter of the fact is that AMC Entertainment is no longer going bankrupt so even if the share price drops below $10 and shorts cover profitable, we can expect to see a massive runup from the buying pressure happening all at once.

Why bigger shorts didn’t cover AMC last year is almost like saying why didn’t retail investors sell their stock last year.

Both retail and short sellers are going long on AMC Entertainment stock.

This means eventually individual people from both groups will begin to cave in.

And it’s an entire ecosystem of some taking profits or cutting their losses.

As AMC’s share price continues to drop in 2022, it provides short sellers with open positions in AMC from last year to finally close this year.

The results?

Massive price movements.

Market manipulation events

Market manipulation exposed
Market manipulation exposed

Retail investors who bought AMC stock last year saw a number of ways hedge funds manipulate the market.

From borrowing shares that don’t exist to short the stock, to OTC trading and dark pool trading, retail saw it all.

These predatorial strategies were used in efforts to discourage retail from further buying the stock.

Last year we saw Melvin Capital almost close if it weren’t for Citadel giving them a lifeline.

Mudrick threw in the towel and Archegos went bankrupt.

Anchorage Capital closed after 18 years; they had more than 4 million put options in AMC stock and were one of the top 10 institutional firms shorting AMC stock last year.

Another hedge fund on that list is Citadel Securites who lost billions in AMC in 2021, negatively affecting their customers.

Will this trend continue in 2022?

Leave a comment below.

How long can shorts drag not covering?

Just as retail investors can go long on a stock for many years, short sellers can also drag not covering for long periods of time.

This squeeze play will have intermittent episodes where we see some covering before new shorts open a position.

AMC Entertaiment is a hot spot for short sellers to bet against the stock and the company’s progress.

Will AMC Squeeze in 2022?

Why didn't AMC Squeeze in 2021? Can AMC squeeze in 2022?
Why didn’t AMC squeeze in 2021? Can AMC still squeeze in 2022?

As AMC’s share price continues to tumble, short sellers may begin to take profits by closing their short positions.

It’s this buying pressure that will ultimately lead AMC to experience major price moves this year.

Whether these price moves will trigger a chain of short covering or not is an event that has yet to unfold.

Could AMC squeeze in 2022?

Absolutely.

But while regulators fall back on the uncovering of synthetics, for now the short interest is the only data that confirms how much potential this squeeze has.

Don’t miss today’s topic discussion on YouTube at the end of the article.

You can read more about AMC’s short interest data for 2022 here.

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Don’t forget to watch this topic’s discussion on YouTube below.

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“Dumb Money” Gained More Than 1200% in AMC Stock Last Year

AMC Dumb Money 2022
Should you invest in AMC stock in 2022?

Dumb money may not be so dumb after all.

The group referred to as “dumb money” ended up making significant gains in 2021 from AMC stock.

Retail investors who got in early made a whopping 1200% return in their investment with the share price only sitting at $27 per share.

Those who traded the stock back in June made nearly 3000% in return when AMC reached $72 per share.

Is dumb money actually dumb?

Here’s what’s next.

franknez.com

Welcome to Franknez.com – the ape community made a ruckus last year and has become a beacon for change in the markets. There’s a lot going on this year and a lot more money to be made.

Let’s get started!

AMC stock took the internet by a storm all of 2021.

It was on the top 10 list of most searched words on Google, and it was the most searched ticker symbol in the markets.

Why did AMC get so much traction?

The story is incredible.

The Data Showed These Possibilities

AMC Short Squeeze Data

You might wonder, how the heck did this stock provide investors with more than 1200% in returns?

The truth is a small group of retail investors on Reddit’s r/wallstreetbets found data that predicted it to do so.

In fact, the data says AMC can still rise much higher than its climb to $72 per share.

See, we knew two things.

AMC stock was heavily shorted, and short sellers (investors betting against the stock), eventually needed to cover.

This meant that as retail investors bought the stock, the demand for it would increase the price, causing a short squeeze (massive price influx).

The people on the opposite side of the spectrum were hedge funds, financial institutions who lost billions of dollars betting the stock would go down.

In the midst of pursuing one of the biggest trades in history, retail investors were able to save AMC Entertainment from going bankrupt.

The century old movie theatre chain raised more than $2 billion dollars in cash and began innovating ever since.

Mainstream media fought hard

What surprised retail investors is how much mainstream media actually cared about their finances.

Finance media warned investors to stay clear from the stock, eventually attacking the company and anyone who invested in it.

The Fool, MarketWatch, Benzinga, Yahoo Finance, and other finance media began attacking the ‘ape community’.

Come to find out there was a massive conflict of interest given that all these news platforms were tied to News Corp., a company indirectly owned by the biggest hedge fund shorting AMC stock, Citadel Securities.

While mainstream media might have been able to scare a few people from their money, the ape community persisted to educate the public.

My platform introduced hundreds of thousands of people to AMC stock, and now millions.

YouTubers such as Trey’s Trades and Matt Kohrs used their channels to expose the data that triggered millions of retail investors to buy the stock.

As an early adopter, my blog has educated the public on the data that predicted these price moves and has fought for a fair market through investigative journalism.

Is the AMC short squeeze over?

is AMC short squeeze over
AMC Entertainment stock was the most searched ticker in 2021

The AMC short squeeze is not over, AMC’s reported short interest is still very high.

Although you cannot buy the stock at $2 or $5 anymore, entry at $25-$27 is very cheap compared to where the price can still go.

AMC’s share price rose from $14 to $72 when the short interest dropped from 20% to 14%.

The short interest is currently at 17% meaning shorts have opened new positions.

And as long as there are this many shorts betting against AMC, they have locked in positions to be squeezed out of.

Third wave price predictions are looking at AMC trading at hundreds of dollars per share.

As retail investors continue to buy and hold the stock en masse, AMC will continue to set new all-time highs (ATH).

Should you buy AMC stock in 2022?

AMC stock 2022
“Dumb money” is still buying AMC Stock in 2022 – AMC Short squeeze 2022

There are conditions to buying AMC stock in 2022.

First, be willing to invest money you can afford to lose because nothing is certain in the markets.

The stock market is a very institution-oriented device and still very much plays in the favor of banks and hedge funds alike.

Your risk tolerance will play a massive role in this trade but could very well be worth it.

To take things into perspective, majority of the community who got into AMC last year is still holding the stock even though they can cash out massive gains.

The reason being is conviction.

AMC has so much more potential, and we are all excited to see it come to fruition this new year.

If this sounds like it could be a play for you then you might want to consider it.

Opportunities like this don’t come very often.

I guess dumb money wasn’t very dumb after all.

Read: How to invest in stocks for beginners (step-by-step)

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Have Money Work for You In 2022 (You’re Ready)

Have your money work for you in 2022
That next life is waiting for you – Happy New Year! 2022

2022 is here!

We’ve been taught many lessons stringing back from 2020 and transitioning to 2021.

Money has played an extremely important role in our lives.

How can you make 2022 one of your best years financially?

By having a plan.

Here are 3 massive ways you can command your money to work for you.

franknez.com

Welcome to Franknez.com – the blog accompanying you on your journey to financial and time freedom. Cheers to a prosperous, healthy, and abundant 2022.

Let’s get started!

In today’s article I’m going to go over 3 ways you can transform your finances by making some incredible money moves.

The awesome thing is that you don’t need to make a lot of money to make this happen.

It’s all about developing proper money management skills over time.

You already spend a lot of time working to earn your money; it’s tiring!

So why not learn how to put that money to work for you?

Here’s how you can make 2022 your best year financially.

#1. Start your first investment now

start investing in 2022
Start investing in 2022

You’ve probably always wanted to invest but have never really started.

Perhaps you don’t know where to start.

Bookmark this guide on how to start investing in stocks for beginners, it’s going to change your life.

One of the best ways to have your money work for you in 2022 is by putting it in a safe index fund such as the S&P 500 where it will earn you 8%-10% per year.

Investing your money is easy!

Most people have just never been exposed to how simple the process truly is.

Depending on your level of risk, you could invest in individual stocks that you think will go up in value over a period of time (e.g., Apple, Tesla, etc..).

The S&P 500 for example invests in the top 500 companies in the U.S. so it’s very well diversified: hence making it a safer investment.

I recommend you download the app “Mint” by intuit to track all of your accounts and see how they grow in real-time throughout 2022!

Create a plan to how much of your income you will be allocating towards investments every month.

I suggest having an emergency fund set aside first so that you’re always ready to tackle any unprecedented challenges this 2022.

#2. Diversify with cryptocurrency

ways to invest your money
Ways to invest your money

Cryptocurrency is here to stay and if you think it’s too late to invest in crypto, think again.

Crypto has made a loud statement, but analysts have massive predictions for many of the popular cryptocurrencies, meaning there’s a lot of room for growth.

Is crypto safe?

It is with Coinbase.

Another way you can have your money work for you is by allocating a small percentage into digital assets.

Two cryptos I’m personally long on are Cardano (ADA), and Shiba (SHIB).

Because these two digital assets are very affordable, planting seeds now could bear incredible fruits sometime during this decade.

So even though you might only be able to double or triple your investment this decade with Bitcoin, the opportunity for massive gains with other cryptocurrencies are still out there.

You can view when I buy both stocks and crypto exclusively on the Patreon.

Bookmark: How to invest in crypto for beginners (step-by-step)

#3. Begin to fund your freedom

Andrei Jikh
YouTuber Andrei Jikh – makes a living on YouTube

One way 2022 can become your best year financially is by creating a vehicle that will allow you to escape the rat race.

Have your money work for you buy investing in a vehicle that will provide you with financial security, and earn you back your time.

If you have a job or a career, use your employer as a means to fund your passions to create a sustainable second stream of income.

Most people believe that you should live off of the income your employer provides you with.

But in order to build wealth this new year, we’ll have to shift our mindsets so that the income caters to a greater income vehicle.

That income vehicle will vary from person to person but is the fastest way to financial and time freedom.

Your job/career can fund your dreams and ambitions so that one day you won’t have to rely on that job/career.

One of the greatest investments you can make is on yourself!

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Do me a favor and give this blog article a social share if it provided you with any ounce of value.

For more content like this be sure to subscribe to the blog, or follow me on social media (below).

Cheers to a tremendously prosperous 2022! πŸŽ‰

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Read: 3 Different Ways I’ve Earned 6-Figures [Secrets]


TD Ameritrade Reports 40.25% AMC Short Interest

TD Ameritrade AMC Short Interest Glitch

Screenshots from TD Ameritrade have come up on Twitter of AMC’s short interest at 40.25%.

Ortex is reporting AMC to have a short interest of 16.99%.

So where is TD Ameritrade pulling up this information from?

They actually have a response to that.

franknez.com

Welcome to Franknez.com – the ape community has mentioned from time to time that a lot of the data provided by financial institutions is skewed. Here’s an example that happening right now.

“Our news and research is provided by Third Party Vendors”

So, why is this short interest data important?

Retail investors rely on the short interest data to determine how much of a company’s float is being shorted.

The short interest that Ortex is reporting is significantly less than that of TD Ameritrade’s.

TD Ameritrade’s short interest data is more than double that of Ortex.

Short interest data also enables us to see how much ‘squeeze potential‘ there is in a heavily shorted stock.

At least to a certain degree.

So if we have sources reporting masked or hidden short interest data, it’s deceit in many accounts.

Or is this simply a glitch from TD Ameritrade?

TD Ameritrade AMC Short Interest Tweet
TD Ameritrade AMC Short Interest Tweet

The ape community is questioning why ticker symbol AMC is the only stock that has had a significant number of glitches throughout the year.

Or are the real numbers being masked to divert the public from jumping in on this short squeeze play.

Afterall, hedge funds have begun closing, with many losing billions this year.

Read: Anchorage Capital closes after betting against AMC stock

Where is this data coming from?

The data comes from MorningStar but both TD Ameritrade and ETrade experienced this anomaly in their system.

TD Ameritrade AMC Short Interest 40.25
TD Ameritrade AMC Short Interest 40.25

According to TD Ameritrade, this was a glitch in their system.

However, the data would have not been changed unless the retail community pointed it out.

Was this a mistake on their end that retail was not supposed to see?

Or was this legit one of several glitches that has been occurring specifically for AMC Entertainment stock?

I’d love to know your thoughts in the comment section below.

The broker is stating their technology team is working to correct the information but have no ETA as to when the correct data will be restored.

Why so many glitches with AMC stock?

AMC Entertainment has been experiencing several glitches throughout 2021.

They have varied from skewed data such as the short interest, to chart patterns, and even share price.

The ape community has concluded over the months that AMC’s short interest data is significantly higher than what is being displayed.

Lou from the YouTube channel has even concluded that AMC’s share price is being masked and could be in the hundreds to even thousands of dollars per share.

Now, while these are rather extreme claims, it’s not difficult to understand why such claims have been made.

AMC is one of the most overleveraged stocks from hedge funds shorting it.

Millions upon millions of shares have been borrowed to short it all year.

The feds have now begun investigating short selling practices and are tackling hedge funds who pose systemic risk.

As more hedge funds close, and others continue to bleed their customers, retail investors suspect they will do everything in their power to deceive retail from squeezing them from their short positions.

An interesting narrative, but a very likely one just as much.

What other glitches have you seen in AMC stock?

franknez.com

Out of the several glitches that have occurred, what other glitches do you recall seeing in AMC Entertainment stock?

Leave a comment below.

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Bank of America Has Been Illegally Shorting AMC Stock

Bank of America has been shorting AMC Stock

If you bank with Bank of America chances are they’ve been using your hard-earned money to short AMC stock.

Financial institutions have been shorting AMC stock all year, resulting in billions of dollars in losses.

Bank of America also has a 75% probability of going bankrupt according to MacroAxis (more on that below).

The shorting of meme stocks could explain why the bank is currently facing liquidity issues.

Franknez.com Bank of America bankruptcy

Welcome to Franknez.com – so much information is coming to fruition. I’m piecing bits of information that have been revealed in the last few months.

Let’s get started!

Information from one of my articles has been circulating the entire community recently.

In this article, I go over how AMC continues to be the most shorted stock in the market. This is going to be a very important piece of info.

Bank of America Is Shorting AMC Stock

Bank of America is on the list of the top 10 institutions shorting AMC stock.

BofA is known for being an untrustworthy bank for the people, so it comes as no surprise.

They’ve been cheating the system by demanding printed money from the feds to lend to short sellers.

The insane part of this scheme is that everyone is a part of it.

I’ll touch topic on that below.

Bank of America shorting AMC Stock
SOURCE

A lot of the puzzle pieces seem to be connecting now.

Boston and Dallas Fed presidents Kaplan and Rosengren were fired due to investing in securities while playing a major role in creating monetary policy.

Repos have been at record high this year.

The feds have been pumping so much money into the financial systems for banks and hedge funds to maintain margin requirements from.

Hedge funds have been overleveraging their positions due to betting against retail investors who aren’t giving up the fight for a fair market, and a short squeeze play in their favorite ‘meme stocks’.

Now, 34 of the largest banks are being required to hold $1 trillion in capital, enough to be able to loan mortgages and business loans during an economic downturn such as a recession.

Will banks margin call hedge funds to meet the new capital requirements as of October 1st?

Or will they default?

Hedge Funds Just Got Smaller

We’re beginning to see financial institutions throw other institutions under the bus.

Citadel began pointing fingers towards Robinhood during a rant on Twitter.

I think very soon we’re going to see banks do the same towards hedge funds.

Will hedge funds be able to pay back banks?

Someone has to pay back the overleveraged debt they owe.

What started from a Robinhood and Citadel scandal just climbed the hierarchy and is now involving both the banks and feds.

This could be the biggest financial scandal in history.

Is America Headed Towards Financial Collapse?

Janet Yellen Hedge Funds

Janet Yellen just recently said, “there are issues relating to hedge funds and the possibility of leverage, they can trigger financial runs.”

So, we know that any chance of financial ruin in the markets is tied to overleveraged hedge funds and financial institutions.

Hedge funds have been borrowing money from both the banks and the feds.

The feds weren’t stopping overleveraged institutions from borrowing money, but rather contributing to their needs and gaining from them, as seen with Kaplan and Rosengren.

It seems leaders are washing their hands before these scandals continue to escalate.

A substantial portion of Citadel’s assets are held by Bank of America’s clearing house “BAML“.

Powerful leaders are fleeing the crime scene. Who are the first to flee a sinking ship?

Leave a comment below if you know the answer to this one.

Will Bank of America Go Bankrupt?

Bank of America has a ‘more than 75%’ probability score for bankruptcy, via MacroAxis.

The fact is there is no path that can save overleveraged institutions or short sellers betting against retail investors right now.

The future of the short seller is grim.

Bank of America bankruptcy

To make matter worse for the bank, retail investors are pulling their money out from the bank before things get a little more severe.

In fact, one of my personal family members just moved 98% of their money from BofA into a brokerage account.

Overleveraged hedge funds and banks will be the cause of the next financial collapse.

Something massive is coming very soon and I know the community can feel it.

I speculate paper-hand sellers will soon re-enter the markets as the first wave of short sellers begin to close out their positions.

This momentum will only further complicate the state of emergency these financial institutions are currently in.

What Happens If A Bank Goes Bankrupt?

If a bank goes bankrupt, the FDIC must collect and sell the assets of the bank and settle its debt.

For AMC and GME shareholders, this means that all the shares that were borrowed will finally get bought back.

Heavily shorted stocks would skyrocket as overleveraged debt is finally closed out.

The results? MOASS (mother of all short squeezes).

The momentum from billions of shares being bought back could push ‘meme stocks’ to unprecedented numbers.

Whether Bank of America goes bankrupt will depend on whether they file for bankruptcy protection or not.

A short squeeze play is imminent and there’s no doubt financial institutions are preparing for it.

The Stock Market Is Rigged

“The stock market is a rigged game for the wealthy as corporate execs can hide behind trading plans as they buy or sell stock, sometimes based on nonpublic information.” via ZeroHedge.

We’re seeing this happen right before our very own eyes. Fed presidents Kaplan and Rosengren were using their power to mold regulation in theirs and their partners favor.

Bank of America has been a liquidity refuge for Citadel, allowing them to overleverage their positions in heavily shorted stock without repercussions.

We saw that Robinhood executives sold AMC and GME stock right before halting trading back in January of this year.

The Citadel scandal has been the talks all over Reddit and Twitter. Citadel and Robinhood had communication about which ticker symbols would be halted.

The stock market is a device that has been created for the wealthy to leverage their wealth to build more wealth.

The SEC has proven to have little to no power.

Now, that doesn’t mean retail investors don’t have a chance at the market. Corporate executives simply have a much stronger edge.

Our voice and DD have been very powerful tools in fighting corruption in the markets.

We’ve been able to inform the public of what’s been occurring all while setting ourselves up for an immense short squeeze play.

What a journey.

The Greatest Transfer Of Wealth Is Commencing

franknez.com

I believe this scheme revolving shorting meme stocks is finally coming to a close.

Empires are crumbling and new ones will rise.

But before new ones rise, retail investors would have made history by beating the financial system at its own game first.

It seems more information is being revealed with each day that passes.

I don’t think retail investors have had an upper hand like this before.

And unfortunately for short sellers, they’re about to get burned again.

This time for good.

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NSCC-2021-010 Prevents Naked Shorting and FTDs [Delayed]

NSCC AMC
NSCC-2021-010 AMC News

The NSCC is taking accountability as a third party between lenders with the NSCC-2021-010 proposal.

We now have a referee in the market saying everyone needs to play fair.

Will it be implemented anytime soon?

Here’s what’s going on.

Update: this proposal will be filed on August 23rd and effective on August 24th per this FINRA letter, page 3.

Bookmark this page for additional updates.

Update: The proposal was delayed for November and was delayed again on November 5th, 2021.

franknez.com

Welcome to Franknez.com – the blog that fights against FUD media. Today we’re discussing a rule that could potentially help retail investors against market manipulation.

Let’s get started!

Although this proposal has been delayed a few times, I’m going to go over the significance of it if passed.

We must urge regulators to pass this proposal because it will level the playfield for retail investors.

AMC is about to start climbing again.

What is going on with the NSCC essentially cleans the slate for retail investors.

The AMC community will now be able to drive AMC’s share price without illegal tactics in the stock market if this proposal is passed.

All the opposition that prevented AMC Entertainment stock from reaching $100 per share will no longer be able to drive the stock down if this goes through.

As a result, the momentum that retail investors create will bring higher and quicker upswings in AMC stock.

Breaking away from $30-$40 range

Like many potential catalysts, this could very well be one that could wipe out more hedge funds.

Is this why Anchorage Capital threw in the towel?

NSCC-2021-001 is a major threat to hedge funds.

Why it’s been delayed for several months is beyond me, this proposal should have gone through during the summer.

All retail investors need to gamma squeeze AMC at this moment is to bulk up on the stock, we’ve known this.

However, short sellers have increased their dark pool trading usage and OTC trading strategy as well.

These illegal backdoors have allowed hedge funds to heavily short AMC stock through a rinse and repeat process retail investors have no control over.

Well, the NSCC is stepping in to take accountability for every transaction being made in the market.

The NSCC will act as a third party to oversee transactions between lenders to stabilize the stock market.

This means the markets will not be as volatile.

And this is all possible due to proposal NSCC-2021-010.

But more on that in a moment.

Time to play offense

Rocket Ship

Right now is the perfect time for retail investors to go on the offense.

By driving AMC stock up, short sellers will further accumulate heavy losses on paper.

Charles Schwab have already raised margin requirements for both AMC and GME stock.

JP Morgan on the other hand is implementing intraday margin calls up to 7 times per day to ensure short sellers have enough cash at hand to cover their positions.

This puts short sellers in the most extreme condition they’ve ever been.

That’s because the more money they lose on paper means the more money they’re being expected to fund their margin accounts with.

And with the feds now stepping in, margin requirements are about to get a whole lot higher.

Before, they were able to short the stock down to avoid immediate liquidation.

Now, proposal NSCC-2021-010 prohibits short sellers from creating failure-to-delivers as well as naked shorting!

NSCC-2021-010
Source – NSCC-2021-010 Naked Shorts / Failures to deliver (page 4.)

This means they can no longer short AMC stock in extreme measures using naked shorts like they have been.

The FTDs? All call options in the money should now be properly executed which will result in gamma squeezes that will drive up AMC stock up; breaking the $30-$40 range.

If you bought in during AMC’s climb, you’re about to break even real soon.

And once you do, you’re going to begin seeing profits on paper shortly after.

The NSCC is going to watch every transaction

The NSCC has the potential to take away the enemies’ weapons and now it’s time for retail investors to charge full on.

If this proposal goes through, hedge funds will be stripped from their power to manipulate AMC through naked shorting and FTDs.

Short sellers now cannot take another massive round of momentum.

This momentum could cause immediate liquidation by brokers if margin accounts fall short of requirements.

A third wave of momentum will eliminate more hedge funds shorting AMC and could potentially spark the MOASS.

The NSCC requires collateral

NSCC-2021-010 Market Regulators Preventing Naked Shorting and FTDs

If that wasn’t enough, the NSCC-2021-010 also requires that lenders have the collateral at hand when trading stock.

So now hedge funds have JP Morgan, Charles Schwab, and the NSCC requiring them to keep an insane amount of cash at hand for once they get squeezed out of their positions.

NSCC cash collateral AMC
NSCC Cash Collateral – Source, page 11

The NSCC essentially plans to make sure everyone’s money is there before positions begin to get liquidated.

This cash collateral is going to prohibit short sellers from overleveraging their positions.

You take out overleveraging, and you take out the excessive manipulation in the market.

From this perspective, the biggest thing hedge funds fear the most is extreme volume from the community again.

We’re talking about executives selling their cars, homes, properties, assets, you name it; to keep their margin requirements up.

Will it get to this point?

Not unless short sellers close their positions now.

Hedge fund scrutiny intensifies

hedge fund scrutiny

Hedge funds have been under extreme scrutiny recently.

Democrats have even begun broadening consequences for hedge funds causing disruption in our economy.

In fact, if the Capital Markets Engagement and Transparency Act passes, hedge funds would be required to publicly disclose their bets against stocks as well as dark pool data.

The SEC cracked down on 27 financial firms for FTDs earlier this summer.

And although Citadel was not on that list, the feds are investigating them as well as Robinhood for market manipulation.

There might have been a point where it felt like short sellers had the upper hand in the markets but not anymore.

Retail investors now have the SEC, NSCC, and the Feds auditing the financial system.

The AMC community is forcing change.

I’ve said many times before.

It’s you as an individual within the community that has so much power to make things happen in the real world.

The AMC community and the movement will be recorded in financial history.

The financial system is not perfect, and neither are its regulators, but one step forward is better than none.

Millionaires in 2022

franknez.com

About 625k people are becoming millionaires every year.

2022 is going to see hundreds of millions of people become millionaires this year alone.

The biggest transfer of wealth is going to be historic.

It will be up to you to learn how to manage it, invest it, and create a better world for future generations.

The torch is being passed down to us; we must be patient.

If you found this article to be of value, I only ask that you please share it and help other apes in the community get a grasp on the importance of this proposal.

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Read: Anchorage Capital closes after betting against AMC stock


Why Is Shiba Inu Rising? Can It Reach $0.01?

Shiba Inu
Will Shiba Inu coin keep going up?

Shiba Inu crypto is rising and the Shiba army just reached 1 million on Twitter.

We’re starting to see SHIB cool down now which is quite normal after a significant runup.

Let’s dive into Shiba Inu news, community, and SHIB price predictions.

franknez.com

Welcome to Franknez.com – the blog that keeps you informed on rising stocks and rising crypto. Today we’re diving straight into Shiba Inu. (Video bonus at end of article)

Let’s get started!

Looking at Shiba Inu’s one year chart and you’ll find that the cryptocurrency is up more than 37,000,000%.

How in the world did anyone sleep on this?

But don’t beat yourself up because SHIB has an active and growing community both on Twitter and Reddit, and they’re going long on this crypto.

Shiba Inu Price Chart
Shiba Inu Coinbase

SHIB is becoming more popular, being deemed the ‘DOGE killer’.

DOGE has quite a massive community too. Is SHIB the DOGE killer? I like to see them as two very separate entities and wouldn’t necessarily pin them against each other.

SHIB’s price is still less than a penny.

Now let me ask you, if you could go back in time and buy Bitcoin or Ethereum when it was less than a penny, would you?

The trading activity in SHIBA has also upgraded from 75% buy and 25% sell to 84% buy and 16% sell.

Long term buying and holding with a combination of burning could move this crypto beyond precedented means.

Is Shiba Inu Deflationary?

Shiba Inu coin is deflationary. There are currently 394.8T SHIB circulating the market.

As more SHIB are ‘burned’, or eliminated from the market, we can expect the price of SHIB to rise.

Another cryptocurrency that is deflationary is Bitcoin.

Unlike inflationary coins, deflationary coins will tend to hold their value significantly longer.

Dogecoin is an inflationary cryptocurrency, where several coins are being made per minute!

SHIB on the other hand is limited, like Bitcoin.

Supply and demand has a massive effect on deflationary cryptocurrencies like Bitcoin and SHIB.

Another coin that’s deflationary is Ethereum, ETH.

SHIB’s All-Time High Is Making A Statement

In the last 24 hours, the Shiba Inu price has rallied 43% to 0.00004127 while trading volume has soared more than 950% to $12 billion, via FX Empire.

Crypto communities are growing and they’re here to stay.

Not being involved in one could cost you massive opportunities.

Both the Twitter and Reddit communities are filled with positive long-term holders cheering on their favorite crypto.

These communities are the strength of this cryptocurrency and future of its growth.

The SHIB Community Hits 1 Million Followers on Twitter

The SHIB army also 10X’d their member count on reddit’s r/SHIBArmy to 307k members as of the time of this publication.

The subreddit had about 30k members earlier this summer.

r/SHIBArmy
Reddit SHIB Army – r/SHIBArmy

These massive and growing communities are what are going to continue to drive SHIB’s price.

Not only are they growing exponentially every day, but to think of it’s long-term future is definitely exciting.

When you look at a deflationary cryptocurrency such as Bitcoin or Ethereum, you can’t help but to wish you had gotten in sooner.

Is Shiba Inu coin this opportunity?

I certainly think so.

Shiba Inu Price Predictions

There are a ton of price predictions from financial platforms giving SHIB numbers below it’s current price.

I don’t think they have spent enough time getting involved in these crypto communities.

Most are bears themselves and don’t support the innovation behind cryptocurrencies to begin with.

Based on what I’ve seen from the community sentiment, I’m giving SHIB a $0.00010000 by the end of the year from it’s current $0.00003827.

In other words, it eats another zero by the end of the year.

Can Shiba Inu reach $0.01?

Over time, absolutely.

If the community continues to grow at this incredible rate, we could see SHIB hit $0.01 by early next year.

We can see from its price history that it has been setting both higher highs and higher lows.

SHIB has already been eating zeros and I believe it will continue to do so until it reaches $0.01, $0.05, $0.10, until eventually reaching it’s way up to a dollar.

How soon? I believe we will see SHIB hit $1 this decade as the community continues to grow.

The Demand For Shiba Inu Is Increasing Rapidly

Platforms such as Robinhood don’t trade SHIB yet.

There’s been talks about SHIB joining Robinhood but as of right now it doesn’t seem like CEO Vlad Tenev has any plans to include this crypto.

Retail investors have even taken it to create a petition on change.org for Robinhood to include SHIB.

People are rushing to buy this cryptocurrency by opening accounts with other firms.

Where Can I Buy SHIB?

These are the platforms where you can buy Shiba Inu coin:

  1. Coinbase πŸŽ‰
  2. Binance
  3. eToro
  4. Webull
  5. Kraken

I expect that as more retail investors demand it from their exchanges and brokers, SHIB will be offered by more platforms.

This demand will cause the cryptocurrency to skyrocket again in the short term.

However, SHIB should not be traded for short term gains. The possibilities are too high to make a quick buck from this crypto.

Delayed gratification is what has made early Bitcoin and Ethereum holders extremely successful and profitable.

The best way to invest in this cryptocurrency is by setting a budge aside every month for it.

In a world where inflation continues to go up and banks don’t pay interest, vehicles such stocks and crypto are becoming more popular than ever before.

Is Shiba Inu Coin A Buy?

Is Shiba inu a buy

I’m giving Shiba Inu coin a strong buy.

The community has a strong conviction and is very united. The crypto is so affordable that $100 will earn you more than 2 million SHIB.

When this cryptocurrency reaches $0.01 those $100 will be worth about $26.6k.

Investing $1,000 today will earn you approximately $266.3k when it reaches $0.01.

I look at what deflationary coins such as Bitcoin and Ethereum have managed to accomplish and I don’t see why SHIB doesn’t have those same possibilities.

Granted, massive runups took time. Lots of it.

Delayed gratification has made successful investors multi-millionaires.

Go back in time today, and secure your future.

Are You Holding SHIB?

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Leave a comment below. Are you holding SHIB? What are you price predictions? At what price will you be a SHIB millionaire?

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Read: How To Invest In Crypto For Beginners


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