Apes were chatting about their gains on paper on my Discord this evening. Brandi mentioned she was finally seeing her account transition from red to green. It’s these type of discussions that really get me fired up.
Knowing my community is profitable motivates me to keep doing what I love doing. And that’s writing great content for you.
Welcome to Franknez.com – if your AMC account is still red, I’m here to tell you profits are on their way to you right now.
Lets get started!
Now, anybody who got in on AMC stock prior to today’s share price level is profitable. You might have gotten in at $30, $15, or even at $5 when I first started blogging about this massive opportunity.
If you remember me blogging about AMC since early February leave me a comment below! I’m curious to know how many OG apes are still reading FrankNez.
However, newer apes are either on the brink of being profitable or have yet to break even. If that’s you, don’t worry. I was there myself.
History Is About To Repeat Itself
You might have heard somewhere that September is starting to feel a little like May. And that’s because we’re starting to see a trend here. Before AMC moved up in June, it had a long period of consolidation. Once it broke that consolidation, it began trending upwards before making the incredible climb past $70 per share.
Well apes, we just broke the $30 level of consolidation late August and are on track to break $50 per share once we retest $48 again. The reason why $48 is so important is because AMC has tested this level three times already.
This bullish indicator has shown us that once it tests a level its fourth time, it tends to break in a momentum run.
This is where whales, known as institutions, begin to buy again. New retail investors are going to jump in on the stock and shorts are going to lose a ton of money.
Short sellers were able to withstand the first round, but will they be able to handle phase two?
We’ve Come Back With A Bigger Ape Army
Did you notice the massive drops in the crypto markets? Seems like someone is liquidating profits for something big that’s about to take place.
Remember, Charles Schwab raised margin requirements for short sellers shorting both AMC and GameStop. On top of this, the NSCC has raised margin minimums from $10,000 to $250,000.
This means short sellers are under some serious heat. But guess what community? We’ve come back with a bigger ape army than the first time. The knowledge spread, and so did the conviction towards this short squeeze play.
Apes aren’t going anywhere until shorts have covered their positions. And you know what? We’ll still be here even then.
I know some of you cannot wait until you’re able to retire from this short squeeze play. But I’m not retiring. I will continue to be here for you even after we’ve mooned.
How Soon Will All AMC Apes Be Profitable?
A good number of you have actually just transitioned to being profitable. If that’s you please leave a comment below letting other apes know!
Although I do not know at what level you will be profitable, I do know that AMC is about to break $50 per share relatively soon due to chart patterns.
Breaking this level is going to kickstart another runup past $70 and beyond, fundamentally. And you know what this means right?
As long as apes continue to hodl, this price movement could ignite the rocket we’ve all been patiently strapped to. There’s absolutely no way smaller short sellers will be able to afford holding their positions a second wave.
Their accounts could even potentially get liquidated as the stock becomes harder to borrow. For hedge funds, this could mean the short borrow fee rate goes up, resulting in greater losses.
In summary, shorts drown in debt and losses while the ape community profits ‘x’ times over . September is proving to be a great month indeed.
Should You Buy AMC Stock Now?
If you’re looking to add to your position, now could be a great time to do so before we break $50 and really begin to move forward.
We may consolidate in the high $40s a little longer before retesting $48 for the fourth time, we may not. Just as I was certain about breaking $30 last month, I’m certain we will be seeing $50+ very soon though.
I will continue to update the community as we progress so be sure to subscribe to the newsletter or follow me on social media. I will be leaving those links below.
Are you profitable right now?
And lastly, the community would love to know. Are you profitable? What do your gains look like on paper? Leave a comment below. At the time of this publication I’m up more than $36k and hodling STRONG.
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Been in this stock since mid February, your information is greatly received by many apes and will continue to be extremely useful. Ooga booga!
Much appreciated brother!
Old school ape here, been here since January’s first run up. Battle of $8.01 was a glorious day. Have yet to sell a share. I have been reading your articles for months now and thoroughly enjoy your content. Thanks for all that you do, from a xxxx holder ✌
Battle of $8.01 was such an intense day! xxxx holder myself, thanks for commenting brother 🤝
I like the stock. 350 shares an adding in the green
Awesome!
Bought my first few shares in April 2020. Hard about the movement in January and started buying. I’ve been buying at the $40,$50, and $60 level. I’m a XXX holder with a cost average of $17. So I am up and will continue buying until $100 a share and even than I might keep buying. I will hodl until the hedges cover and I don’t think alot of them will last round 2.
🦍💯💯💯
Been holding since December… still buying, still holding💎🙌🏻😎
OG APE 🦍💯💯💯
Started in it back in July 2020 and kept adding. When others’ DD matched mine and it became a movement I was stoked! LFG 🦍🦍💪
YES 🦍🦍🦍
AMC Ape since January xxxx holding it down Hilton Head island SC hold the line get ya space suits we about MOAS
#ApesInSpace 🚀🚀🚀
Ich habe xxxx im hohen Bereich und mein Einkaufspreise liegt im Schnitt bei 10€ und nicht eine wird verkauft.
🦍💯💯💯 Affen zusammen stark
Jan OG here. started buying at $15 only to keep buying dips down to $5 and now I’m the proud owner of almost 30,000 shares with $10 average. at the ATH I had $2M in profit but holding for 100x that! I trust the process and love AMC!
I am in the black and have been holding strong. Plan to shoot for the moon! I appreciate the opportunity and hope you let us know when we have reached the point of maxing out profit.
Started with a 5 avg now in the double digits. OG with xxxx shares and 4x the money. Not selling till I hit 7 figures after taxes. Not sure if I even know how to sell.
😂😂😂💪🦍🚀 To the moon brother
I’ve been in AMC since January 12th I’m way up at this point. I’ve been lucky enough to exercise some $15 call options in June which got me a few hundred shares super cheap. I’m actually praying the MOASS takes until January for tax purposes. I’m definitely not leaving I’m actually worried I won’t be able to bring myself to sell when the time actually comes.😂😂
Yup! Less taxes would certainly be awesome. LOL, I know how you feel
I hopped on the AMC bandwagon in May after a conversation a friend had with me regarding it. I thought GME was the big once in a lifetime opportunity and that I had missed it. So I never gave any of it a second thought. I’m all over the map on my AMC purchase prices. I’ve bought everywhere from $30 to $55 a share. My average is $48. Glad to be in the green today if only for a moment. I did not get into this to become a thousandaire. I’m HODLING for life changing money. I cannot wait for some new acquaintance to ask me what I do for a living so I can reply…… “I’m a self made Gorillionaire”.
TO THE MOON BABY!
Self made GOILLIONAIRE! Haha love it 🚀🚀🚀
Actually I do remember and because of that I loaded up on an insane amount. Then bought a fair amount for my 5 year old, and went on to bring 3 friends onboard. I’ve actually shared a few of your posts aswell. Thx for all you do.
F* cool! Thank you for the support. To the moon brother 🤝🚀
I personally have not been down with AMC since February. GME is a different story. I am currently up just over 400k on AMC. Not going anywhere until each share is worth at least 5 figures, but it depends on what the numbers say. I will happily hold out for the high 6 figures if the action keeps going. Ive been in the stock market for around 9 years now and turned it into my “day job” after I sold my business. Let AMC of GME (OR BOTH!) fly and I will never have to play in this rigged market again, nor will any of my future bloodline have to.
AMAZING 🤩🚀🚀🚀
#AMCTOTHEMOON
I bought in 55 dollors and have 1603 shares and it’s been a rough few months but I will never give up on AMC. I never new the stock market was so corrupt. But I am happy to say I am part of this community.
Your time is coming Robert, keep hodling strong brother 🦍💪🚀
Got green yesterday. I have 537 shares for $46.36 average price. By God’s grace, we’ll have the MOASS soon😊🙏
LOVE to hear it brother! 🚀🚀🚀
I turned green yesterday.
F* awesome!
I’m profitable!
YES 🚀🚀🚀
First bought in January. The majority of my shares are from February though.
💯💯💯
Bought in at $13.54 and my average of over 400 shares is now $30. To the moon we go not selling till we hit a min of 10k.
Not selling till MOASS 💪🦍🚀
holding since january … average @8€
Nice! 🦍🚀
I’m hodling 250 shares and bought them at 7.07. Definitely up but not enough to sell. MOASS is on the way baby!
MOASS INCOMING! 🚀
I bought amc before it was cool at $3.47 a share last year in September. It ranked as low as $1.92 in January before spiking up to the $20. I knew nothing of short squeezes then so I ended up selling all 125 shares at $7.50. So after learning about the squeeze back in June I bought back in. I’m now profitable after buying dips and getting my position down from $62 a share to $40. Keep buying the dips ape land!!!
🦍🦍🦍
XXX hodler from February and have been adding to my position when I can. Been through the ups and downs. My portfolio is over 266%. I’m not selling till the shorts have covered!!! I just like the stonk!!!! AMC to the moon !!!!
To the moon! 🚀🚀🚀
I up over 150k
YES! 🚀🚀🚀
Up $5000. Started buying around $9 per share and my average is just under $20 now with 192 shares.
HODL!
Nice! 🚀
Hell yeah! We all do. I will be glad to see it happen for sure!
I’m finally profitable now too! Feels good, and pumps a new breath into me, I’m up almost $1,700 thanks for being the best blog/ site for AMC!
Awesome to hear it! I appreciate that by the way 🤝
Not profitable yet. Got in a little late but I have XXXX shares at around $53 average. So getting there…😉
Very close!
You and i are in the same boat…
I’m comfortably profitable at about 35% and $44k with nearly 3,000 shares. I got in at around $14 and now have a dollar cost average of $35. During the last run up to $72 and that nearly 100% green day in June, I was green $27k but then with the drop to $29 I was down about $10k. I kept buying more and more on the way down and am HODLing. I just may buy more tomorrow to get over that 3,000 share ownership. I plan on making millions in the end. Good luck to all!
🚀🚀🚀