Category: Momentum Trading (Page 2 of 45)

95% of Retail Orders Don’t Go Through Lit Exchange

Gary Gensler says 90%-95% of retail orders don't go through lit exchange
Gary Gensler says 90%-95% of retail orders don’t go through lit exchange.

Gary Gensler announced exclusively on Bloomberg (see below) that 90-95% of retail orders don’t go through the lit exchange.

The SEC Commissioner says these orders are rerouted to dark pools rather than the NYSE.

It was only a year after the ‘meme stock’ frenzy that the community receives this official news.

The ‘ape’ community has been labeled as conspiracy theorists but have proven to be correct time and time again on the market injustices that have been occurring for decades.

Here’s the latest market news.

Franknez.com

Welcome to Franknez.com – Gary Gensler has confirmed the market manipulation that the ‘ape’ community has been exposing all for years now.

This is big for the retail community because for some time, ‘smart money’ was referring to investors as conspiracy theorists.

And can the SEC suspend dark pool trading?

Let’s dive right into it.

Gary Gensler on Dark Pools via Bloomberg

Gary Gensler confirms 90%-95% or retail orders are processed in dark pools

SEC Chairman and Commissioner Gary Gensler says payment for order flow is partly the reason why orders aren’t processed on the lit exchange.

He says retail orders go to wholesalers on an order-by-order competition.

Citadel’s Ken Griffin has praised PFOF stating it’s good for retail investors.

However, PFOF allows market makers to process retails orders in the ‘dark markets’, or dark pools.

This means retail buying volume is out of sync with AMC’s actual share price.

AMC’s share price is synthetic, it only reflects a small portion of buying volume.

Market Makers Have Been Stealing from Retail Investors

Market makers have been stealing from retail investors with absolutely no consequence from regulators.

Now that the cat is out of the hat, what is going to be done about it?

How does one account for all the orders that have been derailed from the lit exchange market and fix the share price to reflect the correct amount?

Banning PFOF is one thing but what about the money that has been masked by dark pools?

Will these financial institutions be held accountable for financial treason?

The integrity of the stock market has been tainted for far too long, now it’s time to take action.

Will PFOF get banned in the U.S?

Will PFOF get banned in the United States?
Will PFOF get banned in the United States?

According to Gary Gensler, PFOF is banned in the UK, Canada, Australia, and in Europe.

However, because the U.S has a very strong capitalist economy, it could prove to be difficult.

Gensler says, “I think it’s natural that we look to say, how do we drive great competition and efficiency in this market, and use the tools that congress has given us.”

Here the SEC Chairman is saying their solution is to find someone who can compete with these market makers rather than banning PFOF in general.

We’ve seen these efforts through the IEX exchange D-Limit order.

IEX is a lit exchange that reflects much more accurate share prices and eliminates the predatorial strategies used by market makers and hedge funds.

These strategies include PFOF and high frequency trading.

Recently, Citadel, Charles Schwab, and the NYSE have teamed up to destroy new SEC Proposals.

However, ‘We The Investors’ has challenged Wall Street by submitting more than 1,300 letters supporting the SEC’s proposals.

Retail Wants Orders Processed Through the Lit Exchange

The SEC is supposed to be protecting retail investors from nefarious market practices.

Therefore, it is the SEC’s duty to find a solution and locate the money that retail is missing.

Retail wants orders processed through the lit exchange.

Market makers do not have the consent to move retail money through dark pools or other foreign markets.

#MarketMakersDontHaveConsent

Can the SEC Suspend Dark Pools?

Yes, the U.S. Securities and Exchange Commission (SEC) has the authority to suspend dark pools if it believes that they are violating securities laws or posing a risk to investors or the integrity of the markets.

Dark pools are private trading venues that allow institutional investors to buy and sell large blocks of securities without revealing their trading intentions to the public.

While dark pools can provide benefits such as reducing market impact and improving execution quality, they can also raise concerns about transparency and fairness.

The SEC has taken action in the past to regulate dark pools and address potential abuses.

For example, in 2014, the SEC brought charges against a major dark pool operator for making false statements to investors about the operation of its trading platform, leading to a $12 million settlement.

In 2020, the SEC proposed rules that would increase transparency and disclosure requirements for dark pools.

If the SEC determines that a dark pool is engaged in unlawful activities or poses a risk to investors or the markets, it can suspend the dark pool’s operations, require it to take remedial actions, or take other enforcement actions as appropriate.

Market News Published Daily

Market News Today - Can the SEC suspend dark pools?
Market News Today – Can the SEC suspend dark pools?

For stock market, business news and updates, join the newsletter to receive weekly market news and notifications straight to your inbox.

Franknez.com is the media site that keeps retail investors informed.

You can also follow Frank Nez on TwitterInstagramFacebook, or LinkedIn for daily posts.


Franknez.com

You can now read exclusive FrankNez articles for only $1/mo.

  • Gain access to EXCLUSIVE FrankNez articles you won’t find here.
  • Become part of a private and safe Discord community, just for retail investors.
  • Get drawn at the end of the year for holiday giveaways.

My New Book is Out Now! Use Code: THENEZ


Troika Media Group Stock is Up +600% This Year

Market News Daily: Troika Media Group Stock News.
Market News Daily: Troika Media Group Stock News.

Troika Media Group (NASDAQ:TRKA) stock has surged more than +600% this year-to-date.

According to WSJ, Troika Media Group, Inc. is a marketing services company, which leverages data and technology to deliver integrated branding, marketing, media, and analytics solutions.

It offers the following services: TROIKA Brand Building and Activation, TROIKA Innovation and Technology, and TROIKA Performance and Acquisition.

The company was founded in November 2003 and is headquartered in New York, NY.

It released its annual stockholder meeting on its website boasting a successful 2022 report.

Shares of $TRKA are currently trading at $0.77, or up +49% intraday on Monday.

The latest Troika Media Group stock news is rather bullish too.

The company acquired Converge for $125 million, adding $300 million in revenue and jumping to 48 million market cap.

Shareholders Are Raving About a Potential TRKA Short Squeeze

Troika Media Group stock has an extremely high short interest of 97.11%, per Ortex.

This means nearly all of TRKA’s float is shorted.

The cost to borrow the stock is also extremely high — sitting at 192.76%.

This is the annual fee short sellers are paying to borrow shares.

Troika shareholders are expecting a TRKA short squeeze as positive developments in the company eliminate the short thesis.

Investors are looking at $0.85 and $1.00 as the next price targets.

With so much short interest in the company, how high $TRKA will go is highly unprecedented.

Today we’re seeing big volume moving the stock price; over 268 million from its average of 40.5 million.

Big volume has proved to put pressure on short sellers as we’ve seen with AMC Entertainment stock and GameStop.

Should You Buy TRKA Stock?

Like with any other investment, it’s important to do further research and due diligence to back up your conviction behind any stock.

TROIKA Media Group shareholders are up more than 49% on the day, more than 69% in the previous 5-trading days, more than 207% in the past month, and 600% so far this year.

TRKA Stock News Today - Franknez.com.
TRKA Stock News Today – Franknez.com.

Join the Patreon for my personal technical analysis report on the short-term probabilities of $TRKA stock.

If you would like me to cover more on Troika Media Group stock, leave a comment down below letting me know.

Market News Published Daily

Market News Today - MULN reverse stock split
Market News Today – TRKA stock news today.

For stock market, business news and updates, join the newsletter to receive weekly market news and notifications straight to your inbox.

Franknez.com is the media site that keeps retail investors informed.

You can also follow Frank Nez on TwitterInstagramFacebook, or LinkedIn for daily posts.


Franknez.com

You can now read exclusive FrankNez articles for only $1/mo.

  • Gain access to EXCLUSIVE FrankNez articles you won’t find here.
  • Become part of a private and safe Discord community, just for retail investors.
  • Get drawn at the end of the year for holiday giveaways.

My New Book is Out Now! Use Code: THENEZ


5 Big Signs Pointing to An AMC Short Squeeze

AMC Stock Short Squeeze
Market News: Can AMC stock still squeeze? Here’s what the data says.

There are people who don’t believe an AMC short squeeze will happen anymore.

Some will argue it already happened when AMC stock jumped to its all-time high of $72 per share.

And while yes, there were short sellers who were squeezed out in January when shares rose to $22 and again in June, AMC Entertainment continues to be heavily shorted.

In this article, I’m going to go over 5 undeniable signs that point towards the possibility of an AMC short squeeze.

So, whether people want to ridicule shareholders for firmly sticking to their convictions, you can’t argue with these facts.

TRusT mE bRo.

#1. AMC’s short interest is really high

amc short interest

A short squeeze requires a company to be heavily shorted, which AMC is.

AMC has a high short interest of 23%.

Did you know that before AMC’s share price surged from $14 per share to its all-time high of $72 per share it only had a short interest of 22%?

AMC’s short interest dropped from 22% to 14% as short sellers began to close their positions.

Well, I’m sorry to break it to skeptics, but AMC’s high short interest means there are shorts to squeeze.

I’d love to hear the rebuttal on this one; I don’t get the counterargument.

#2. There are millions of shares on loan

This ties back to AMC’s short interest data.

There are currently 185.14 million shares on loan, per Ortex.

These are shares that have been borrowed and not yet returned to the lender.

Hedge funds borrow these shares to short AMC stock.

At some point, these shares eventually have to be returned whether short sellers simply return them without necessarily selling them in the market, or through a ‘buy-back’ when closing their short positions.

Small spikes in AMC’s share price in correspondence with a drop in short interest suggests some short closing.

We’ve seen this on very high-volume trading days.

Now imagine all of these shares getting returned to the lender from shorts closing positions.

That’s a lot of buying power getting injected into the stock, forcing shares to spike.

Also known as a short squeeze.

#3. The cost to borrow AMC is higher than ever

The cost to borrow is the annual fee hedge funds are paying to borrow shares to short the company stock.

AMC’s current CTB is a whopping 217.56%.

Hedge funds are currently paying more than $30 million monthly in fees alone.

This lucrative fee alone could incentivize short sellers to ditch this play and close their positions.

#4. AMC Entertainment has the community to trigger big buying pressure

amc short squeeze

This is one of the biggest catalysts for an AMC short squeeze.

Why?

Because volume is what drove share prices up during the Wall Street Bets movement in GameStop, AMC, and other heavily shorted stocks at the time.

DFV knew that buying pressure is what would trigger spikes in GameStop, causing short sellers to run for the hills.

AMC shareholders replicated it in 2021, sending shares from $6 per share to $72 per share by literally buying every dip.

Yeah, it was wild -but it worked.

And shareholders haven’t left, they are still holding in 2023.

#5. The company isn’t going bankrupt

Is AMC a short squeeze play? Can AMC still squeeze?

The short thesis made sense during the height of the pandemic when movie theatres were forced to close their doors to the public.

CEO Adam Aron said AMC Entertainment went from one day making millions per day to income suddenly halting due to the lockdowns.

But AMC Entertainment is no longer going bankrupt.

The company has improved and restructured its debt every quarter since 2021 and has beat earnings expectations ever since.

While the company does carry debt, Adam Aron has proved to be a master at raising cash from thin air.

Some of his efforts have included branded merchandise, the introduction of its equity APE, and through partnerships in the entertainment industry which Disney and Netflix.

The company is expected to launch a new credit card this year and put AMC branded popcorn in retail stores.

You can read more about AMC’s development’s here.

An AMC short squeeze isn’t as far-fetched as some might think

As you can see, there are no conspiracy theories or “what if’s”.

I’ve been documenting AMC’s short squeeze since 2021, shortly after shares rose to $22 per share and came back down in late January.

I witnessed months of momentum build until shares jumped to $72 per share.

And yes, it can be replicated.

Related: Will AMC Stock Squeeze in 2023?


Market News Published Daily

Market News Today – FrankNez News, Business News + more.
Market News Today – FrankNez News, Business News + more.

For more stock market, business news and updates, join the newsletter to receive weekly market news and notifications straight to your inbox.

Franknez.com is the media blog that keeps retail investors informed.

You can also follow me on TwitterInstagramFacebook, or LinkedIn for daily posts.


Franknez.com

You can now read exclusive FrankNez articles for only $1/mo.

  • Gain access to EXCLUSIVE FrankNez articles you won’t find here.
  • Become part of a private and safe Discord community, just for retail investors.
  • Get drawn at the end of the year for holiday giveaways.


Will AMC Stock Squeeze in 2023?

Will AMC Squeeze in 2023?
Stock Market News: Will AMC squeeze in 2023?

Will AMC squeeze again? In 2021, the movie theatre chain stock skyrocketed from $2.50 early that year to $72 per share in the summer.

Many retail investors held the stock even as the CEO cashed in more than $40 million.

The stock dropped more than -84% in 2022 leaving majority of holders with significant unrealized losses, and very few still in profit.

AMC Shareholders have continued to raise awareness of market injustices surrounding dark pools, naked shorting, and off exchange trading.

Since the events of the ‘meme stock’ frenzy in 2021, ‘We The Investors‘ has reached a historic milestone, representing the retail community in direct engagement with SEC Chairman, Gary Gensler.

Today, Ortex is reporting AMC’s short interest at a high of 22.10%.

This is nearly the short interest AMC had before the stock shot up from $14 to $72 per share.

The high short interest is a strong indicator AMC has the potential to squeeze again.

The question is, will AMC stock squeeze in 2023?

First, let’s dive into what triggered the event in 2021 to better understand whether today’s market conditions are in retail’s favor.

Related: How to Buy AMC Stock (2023 Guide)

What Caused AMC to Spike?

AMC Short Squeeze chart - Franknez.com.
AMC Short Squeeze chart – Franknez.com.

So, what caused AMC stock to go up?

In short, it was a high short interest percent and massive buying pressure.

#1. High Short Interest Percent

The short interest in a stock is the percentage of the float that is essentially being shorted.

When you have a lot of short sellers betting on the downside of a company’s stock, there’s a probability to squeeze them out of their positions if the price shoots up quickly.

Short sellers may see significant (unrealized) losses momentarily and choose to either close their positions for a loss or keep accumulating short positions if they think shares will come back down.

What happened with AMC is that when the stock first shot up from $2.50 to $20 per share, short sellers began to take big positions.

Therefore, we saw the short interest increase.

But once AMC’s share price began to rise to $9 per share, then $14 per share, and eventually break that resistance, short sellers began to close their positions to refrain from accruing larger losses.

This is when we slowly began to see AMC’s short interest decrease from 22% to 14%.

As AMC began to come down from its all-time high in June, AMC’s short interest began to rise again, signifying short sellers were getting back in.

Today, AMC’s short interest is at 22.10% according to both Fintel and Ortex.

This is big.

#2. Massive Buying Pressure

Massive buying pressure is what triggered AMC shares to rise.

See, this wasn’t just a one-time spike, but rather days of nonstop bullish momentum.

AMC Entertainment stock was experiencing extremely high intraday volume of 700 million and 900 million prior to hitting its all-time high.

Previous months still consisted of several hundreds of millions in trading volume.

Discords were flooded with anxious and excited investors as they saw shares rise over and over again.

The battle of $8.01 was known as a victorious day for retail investors who were buying the dip every time the market would bring the price down.

Days such as the battle of $8.01 influenced what was to come next.

Absolute Armageddon for hedge funds betting against AMC Entertainment and an emerging retail community Wall Street never saw coming.

Read Exclusive FrankNez Content for Only $1/mo.

Market Conditions for A Short Squeeze

AMC Short Squeeze 2023.

The market conditions were completely different when AMC surged to $72 per share than what they are now.

In 2022, we entered a bear market that brought the entire market to its knees.

Experts are saying we may experience continued volatility in the market as signs of an upcoming recession rise in 2023.

Also read: Where Is the Stock Market Headed in 2023?

However, stocks such as AMTD Digital, Inc. proved that market conditions don’t have to be set in a bull market to squeeze.

HKD stock surged more than +20,000% in August of 2022.

Shares rose from $13.54 to $2,200 in weeks from sheer buying pressure, fresh from its IPO.

The truth is a short squeeze may be triggered both during a bull market and bear market.

One key element we’re discovering that triggers a short squeeze is heavy buying volume.

Heavy buying volume is what allowed GameStop to squeeze to $483, HKD to $2,200, and AMC to $72 per share.

*Poll of The Week

Related: 5 Big Signs Pointing to an AMC Short Squeeze

Will AMC Squeeze in 2023?

will AMC squeeze in 2023.
Will AMC squeeze in 2023? AMC stock news and updates.

AMC Entertainment has both the high short interest and retail community behind it to trigger another short squeeze in 2023.

However, recession conditions might cap the ability for retail investors to buy in heavy again this year.

Layoffs, rising interest rates and inflation could slow down how much liquidity is being pumped into the stock market.

This makes triggering an AMC short squeeze in 2023 more challenging than if the U.S was currently a thriving economy.

Also read: How to Get Your Money Right in 2023

Shareholders should not be discouraged; anything can happen this year.

For more AMC stock news and updates, join the newsletter to receive weekly market news and notifications straight to your inbox.

Or follow me on TwitterInstagram, Facebook, and LinkedIn for daily posts.


Franknez.com

You can now read exclusive FrankNez articles for only $1/mo.

  • Gain access to EXCLUSIVE FrankNez articles you won’t find here.
  • Become part of a private and safe Discord community, just for retail investors.
  • Get drawn at the end of the year for holiday giveaways.


44% Say They Hold More APE Than AMC Shares

FrankNez AMC Updates Today | Market News + more.
FrankNez AMC Updates Today | Market News + more.

43.8% of market participants said they hold more AMC Preferred Equity (NYSE:APE) over AMC Entertainment Inc. (NYSE:AMC) common shares.

Shareholders were given 1 APE for every 1 AMC share they held, but investors say they are now holding more of AMC’s equity than common shares.

APE has allowed the company to raise capital from shareholders since it couldn’t issue more common shares based on voting rights.

The equity is down -56% since its debut but has skyrocketed nearly +140% in 2023.

Those in favor of APE see an opportunity to squeeze short sellers attacking the equity.

However, other shareholders say there should have been a vote on the dividend as it created further losses for shareholders.

23.7% of market participants said they hold more AMC shares than they do APE, which means these investors either continued to purchase more AMC shares after the dividend or have sold some APE shares to manage their losses.

32.5% of market participants said they hold an equal amount of both AMC and APE shares, suggesting they have neither bought or sold or may have purchased the same amount equally.

How many AMC shareholders are still buying?

AMC stock news today – Market news, business news + more.

Out of more than 1,000 market participants, 67.5% said they have accumulated more AMC or APE shares as of January of 2023.

Although it’s fair to mention the percentage of AMC shareholders still buying in 2023 could be higher.

Market participants who said they hold an equal amount of both AMC and APE shares could have purchased more of each security equally this new year, although that statistic is unaccounted for.

AMC Entertainment stock is up nearly +40% this year-to-date, a big win for fresh investors holding both stocks in 2023.

What does this case study show us?

AMC stock is known for its incredible +3,000% gains in 2021.

Shareholders continue to hold and buy the stock to recreate the events that took AMC to a record all-time high.

Since the inception of APE, we’ve seen AMC’s volume fall twice its average daily trading volume.

AMC Entertainment had an average intraday volume of 66 million prior to APE, currently at 31 million.

APE has an average daily trading volume of 32 million, which shows us how the creation of the equity has spread the value of investors’ portfolios thin, and the momentum.

AMC’s pipeline has been divided in half with its equity APE, limiting the total trading volume that goes into squeezing short sellers betting against AMC common shares.

In 2021, there was full force in volume going into AMC Entertainment in efforts to trigger a short squeeze.

Volume has now been divided with the introduction of APE.

CEO Adam Aron said shareholders will be able to vote on converting APE back into AMC common shares, several months after the company was able to successfully capitalize on its strategy.

Related: 5 Big Signs Pointing to An AMC Short Squeeze

Leave your thoughts on AMC below

Shareholders, leave your thoughts on AMC below.

The rise of the movie industry looks positive.

Fundamentally, there are many great developments happening within the industry itself and the forecast looks positive.

What are your thoughts on converting APE back to AMC, do you support it?

Leave your thoughts below.

Market News Published Daily

Market News Today - APE stock news, AMC stock news.
Market News Today – APE stock news, AMC stock news.

For more stock market, business news and updates, join the newsletter to receive weekly market news and notifications straight to your inbox.

Franknez.com is the media blog that keeps retail investors informed.

You can also follow me on TwitterInstagramFacebook, or LinkedIn for daily posts.


Franknez.com

You can now read exclusive FrankNez articles for only $1/mo.

  • Gain access to EXCLUSIVE FrankNez articles you won’t find here.
  • Become part of a private and safe Discord community, just for retail investors.
  • Get drawn at the end of the year for holiday giveaways.


« Older posts Newer posts »

© 2024 FrankNez

Theme by Anders NorenUp ↑