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AMC continues to be one of retail investors favorite stocks.
And yet again sources such as The Fool and other hedge fund partners are trying to steer the public from investing in this specific stock.
Well, just how high can AMC stock price skyrocket up to?
AMC stock price closed at $7.95 on November 15th.
The share volume remains healthy despite having gone down during today’s bear market.
Most of the market has been on sale and AMC has been no exception.
Welcome to Franknez.com – the blog where you can digest content on stocks, crypto, and trending market news.
Lets get started.
As some of you know, I update this article frequently. I update it with the intraday price action as well as any information pertaining to the stocks performance.
A lot of the information on here will be left untouched as it is a means to archive a lot of the information from both this year and last year.
What do we know about AMC stock price?
AMC’s stock price continues to be volatile although we’ve seen the stock is scared of single digit share price numbers.
The stock has been on a steep downtrend since it’s surge to its all-time high of $72 per share.
- We’re seeing strong support at the $6 levels.
- Big buyers include Vanguard, Charles Schwab, Wells Fargo, and BlackRock.
- The stock price is still relatively low enough for majority of people to buy, but hurry before it’s too late.
Related: Are You Holding Significant Losses in AMC Stock?
Adam Aron, CEO of AMC Entertainment Interview
Adam Aron has done an outstanding job with the media in the past months and continues to show a positive and bullish sentiment towards AMC.
He is now praised among the retail investors community holding AMC. And for good reason too.
See what CEO and President of AMC entertainment has to say to CNBC news about AMC Entertainment reopening and the Reddit movement.
- 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
In a more recent interview we get an exclusive behind the scenes moment with Trey’s Trades and Adam Aron.
If you haven’t watched the video you’re not gonna want to miss out.
In this personal interview from the CEOs home, Adam Aron talks about the 500 million share dilution, which by the way as of today has been taken off the table, as well as his experience and perspective behind the the Reddit phenomenon.
Related: Are Institutions Preparing to Close Short Positions in AMC?
AMC’s Short Borrow Fee
AMC’s short borrow fee as of 10/21 is: 18.20% via. Stonk-O-Tracker, this is different from the short interest of 19% (last updated in August).
The longer shorts-sellers hold their positions means the higher the borrow fee may increase. This is great news for retail investors.
Shorts eventually have to cover their positions and when they do, AMC’s stock price action will continue to rise, inevitably creating a short squeeze.
Why AMC’s short borrow fee matters
While it costs the retail investor nothing to hold their position in AMC, it costs shorts interest.
Shorts are more willing to hold their positions if the short borrow fee is low so they’re losing money every day they hold.
Remember, shorts still think they can bankrupt a company that is no longer going bankrupt.. I know right?
As hedge funds like Melvin Capital lose money, the short borrow fee will go up to make up for some loses.
As the interest goes up, shorts will naturally cover.
If they don’t, they will bleed bad.
With the short borrow fee being so high at the moment, it has retail investors speculating a short squeeze will start soon.
Melvin Capital suffered 49% loss 1st quarter
Melvin Capital is a hedge fund that has been shorting both AMC and GameStop.
Well it turns out holding has paid off one way.
The company was down almost half percent their first quarter of 2021!
These are people who want to put your favorite businesses out of business. Ladies and gentlemen, the good guys always win.
If retail investors keep holding, institutions are going to raise the short borrow fee.
Unless hedge funds don’t start closing their short positions, they will cease to exist.
Or at least cease to run operations until they open a new firm from scratch.
But who will trust them? Their clients are losing money.
Breaking: Hedge Fund Melvin Capital Is Shutting Down in June(2022)
Hedge funds are a sinking ship
Hedge funds have lost billions of dollars shorting both AMC and GameStop.
Shorts can either:
- Take the loses and close their positions right now where the stock price is around $7.
- Or, get squeezed out of their positions at a high interest rate above $7, resulting in even bigger losses.
With that being said, short sellers have lost more than a billion dollars this second quarter according to Ortex data.
Will retail investors be able to create another rally?
Read: Citadel loses billions: hedge funds are getting dragged down
How will this affect AMC stock price?
Wall Street is furious.
The little guy causing a disruption, what!?!
My personal take is retail investors are going to continue to see foul play.
You’re going to experience this from bogus headlines.
They’ll usually try to steer the public from buying AMC stock to keep the volume and hype down.
Not sure if hedge funds know this yet but you do know documentaries of what’s taking place are in the works right?
Independent filmmakers such as the Mulligan Brothers will be covering this story from the retail investors perspective and rumor has it Netflix will be writing as well.
Expect AMC stock price to rise and continue to be shorted.
We will see volatility with shorts attacking the price action.
They do this by trading synthetic shares at lower bids in off exchange markets.
Read: How do hedge funds manipulate the stock market.
AMC Gamma squeeze before short squeeze
AMC Entertainment continues to be one of the most shorted stocks in the market.
Because AMC is an extremely high shorted stock, analysts continue to demonstrate their conviction towards an AMC short squeeze.
The key here is for retail investors to hold their positions as they see some momentum beginning to build. #diamondhands
Related: Will AMC Squeeze in 2022? [ Short interest data]
AMC stock predictions (analyst)
Trey’s Trades walks us through the positive moves AMC has been making from an analysts perspective.
Trey presents his audience with transparent information and has been a key player in the analytics world for ticker symbol AMC.
Although this video is an earlier video, Trey’s videos are packed with relevant information that still apply to where the stock is today.
r/wallstreet bets and Discord
Members over at r/wallstreetbets and Discord anticipate AMC stock price can skyrocket as high as $1,000 with enough momentum.
The number of phantom shares hedge funds have to cover is astronomical which is why the community is calling this the mother of all short squeezes (MOASS).
By holding shares in AMC, retail investors are setting up a supply and demand scenario where short-sellers will eventually need to buy from them.
This in turn can drive the stock up as high as the retail investor chooses, theoretically speaking.
Large institutions such as Vanguard, Wells Fargo, BMO Harris, BlackRock, Fidelity and many more are buying AMC stock while it’s still low (via. CNN Business).
Take that for what it is.
Whether that number comes to fruition or not, retail investors will have to continue to hold and to add to their positions in order to skyrocket AMC’s share price.
We’re seeing more and more retail investors join the fight against short-sellers.
Short-sellers are the investors betting on AMC Entertainment to lose.
Read: When do shorts have to cover their position? (AMC)
Can AMC reach $100K or $500K per share?
There’s been a lot of speculation that due to the possible number of outstanding synthetics could be in the billions, AMC may potentially squeeze past 6-figures.
I just recently found ReviewDork on YouTube.
Gabe talks about this possibility and walks us through some math.
Check him out.
But is it realistic?
Be sure to leave your thoughts in the comment section below.
Is it too late to get in on AMC stock?
If you’re looking to take on a position in AMC you might want to get on the train before it takes off for good.
If you’re looking to get in for the short squeeze play, AMC stock is currently on bargain. This stock is still heavily shorted!
Retail investors are teaming up together to see their visions come to fruition.
And they’re not waiting on anyone.
What we do know is that the current share price is still affordable for most people.
Why hasn’t AMC squeezed yet?
AMC hasn’t squeezed for two primary reasons.
- The volume isn’t all there yet. The volume needs to be quite high. Trey’s Trades referenced 500+ million being an outstanding number.
- Shorts are holding – they need to close their positions if retail investors are to squeeze them.
It’s not illegal for shorts to hold long on their positions; however, hedge funds may lose money every day they hold due to the incurred short borrow fees.
Fortunately for retail investors it’s free to hold.
Read: When do shorts have to cover their positions ? (AMC)
What will AMC’s stock price be when it squeezes?
AMC’s stock price can really be anywhere.
It really depends on when shorts close their positions.
It would have been wise considering the stock continues to correct itself in an upward trend and has now set itself up for the perfect squeeze.
If shorts continue to play the long game, AMC’s stock price could potentially be higher when it squeezes.
In this case, shorts would have lost a lot more money due to accumulating and rising short borrow fees.
Can AMC squeeze after hours?
A question some people might have is whether or not AMC could potentially squeeze after hours.
AMC can certainly squeeze after hours when the market closes.
In fact, it wouldn’t be surprising if it did this.
AMC’s stock price would continue to surge as retail investors watch immobile.
For one, shorts could decide to cover before the market closes in attempts to throw one final blow to retail investors.
This would give the price action to potentially come back down after hours.
Should you worry?
Although squeezes can last anywhere between minutes to hours, they can certainly last days too.
Volkswagen’s squeeze back in 2008 lasted approximately four days. GameStop’s lasted even longer.
Here’s how you can prepare for a short squeeze
A squeeze can technically happen at any time.
The short interest doesn’t necessarily have to be high.
Shorts could choose to close their positions with little loss opposed to massive losses.
- If you’re in a position to keep an open tab on your browser that is updated AMC’s stock price in real-time then I would suggest doing so.
- Own an Apple watch? Keep the stock in your background. This is a very convenient way to keeping tabs on the stocks performance.
- Join discords where you can be notified when something massive is going on.
When a squeeze happens you’ll know. Just don’t get a short squeeze confused with gamma squeezes.
Gamma squeezes are usually small spikes resulting from extremely bullish actions coming together at once. Otherwise known as relatively healthy gains of built momentum.
A short squeeze will be something more sudden and disruptive.
What should I do when AMC squeezes?
This is completely up to you!
You can choose to sell your entire position and collect your profits, or you can continue to hold and find out whether the squeeze continues to go up.
Unfortunately, we can’t time the spike.
For all we know, the initial squeeze might not be the potential price action.
This makes it difficult to calculate the best time to sell.
You could sell a portion of position and wait to see how AMC’s stock price moves.
We created a thread for you to share how you will use the money when AMC squeezes as a means to spread positivity and share with the community.
You can check it out here.
What is a circuit breaker halt?
A circuit breaker is usually a rule in the market that essentially pauses or halts trading for 5-15 minutes.
A common circuit breaker type is the Volatility Pause.
This helps smooth volatility in the market and prevent flash crashes.
It forces traders to take a 5 minute timeout, research the stock, news, etc.
Often times if a stock is spiking up and is halted, it will reopen higher.
Inversely, a stock selling off will often open lower.
Why this is worth mentioning
This is worth mentioning because it’s important for our readers and the ape community to be aware of possible halts as AMC’s stock price becomes more volatile.
If you happen to experience a circuit breaker halt do not panic.
It’s a policy to make sure trading goes as smooth as possible.
It is important to note that I am not a licensed financial advisor.
Like many traders and self taught investors, all speculation is based on educated estimations based on highly reliable analysis, patterns, and documented news charts.
Where can I invest in AMC? What’s a good platform?
If you have not opened a brokerage account to begin investing, read this post on how to invest in the stock market (step by step) to get started.
In this post you will see a number of linked platforms that you can check out!
AMC stock price: quick overview
We’re currently seeing AMC trade at $7.95.
Although AMC’s stock chart has been relatively healthy in the past, the price has been influenced by the market’s overall downtrend.
Are you holding AMC stock?
Let me know what a short squeeze would mean for you in the comments section below.
If you found this post to be helpful or of value share it with an ape.
If you have not subscribed to the blog be sure to do so as I update you on this historic event taking place.
Trending: Will AMC squeeze in 2022? [Short interest data]
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Read: Anchorage Capital closes after betting against AMC stock
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– Frank Nez
The amount of people that are severely delusional in this comment section is alarming. Alarming! Or never seen a chart before… million? Thousand? If it makes it back to 25, y’all are lucky
It’s 2022. I need some help. Since being medically released from the Royal Canadian Navy, my ex-wife divorced me, took my insurance settlement and refuses to abide by an agreement we reached over four years ago permitting me to see our son 50/50. With the earnings following the MOASS, I intend to pay someone to build an APP for me, which I will in-turn then sell some years later to a MNC in order to fund building a desalination facility into a bridge. This would’ve already been underway, except my ex-wife took my liquid capital. So, now I’m waiting for this to happen.
while i do agree with a lot your saying, i disagree that AMC is the most short stock in the market… its no where near the most short stock…. good luck to apes though, hopefuly if they can get that volume up and cause the shorts to panic and cover, should be a nice payout…
Great article, very thorough and informative especially for the noobes. A lot of bad information being reported out there. I have been holding big bags since may of last year. Your articles re: the stock play gives me peace that I made the right decision. I sure hope the SEC doesnt rob the retail investor. I think they know there will be serious repercussions if the do.
Both of which, lose their value once off the lot. Move your money into something that will work for you like buying a house, taking out a loan against it and then buying the lambo. The Asian bride? You could become a pimp. lol
That person is on crack!! Let’s hope it goes to ATLEAST $1000 a share. $5000 would be a dream.
What do you think about this? This person claims it can go to 1 million.
Do you need Frank too hold your hand too lol jeez get a grip
I bet you’ve upped your target price by now Ehh
How old would the IRS know you sold shares?
No you’re all good dude.
I’m gonna buy a orange Lamborghini, & a beautiful Asian bride. Cheers
I really hope this squeezes big! I want to pay off my parents mortgage, pay mine off, open a horse rescue…oh and ask Chris Young on a date 😉 lol
Frank I have a question, I have 807 shares in AMC with Robinhood, I am not sure if I should transfer them into a better investing app, or just keep them where they are. I am not planning on buying a whole lot more, I just don’t want Robinhood to F me over!
Hey Frank – I would have personally transferred these a while back brother. I would move them now before the end of August. We could see big moves end of the month.
Okay I just don’t want to transfer them than the squeeze happens during the middle of it and than i’m F’d, As long as Robinhood doesn’t stop me from selling, there’s nothing they could really do right?
That is correct, Frank. Hopefully Robinhood users won’t experience any type of hold on selling during the squeeze. I don’t think RH is in a position where they can afford bad coverage again.
Frank Nez, when I go to finally sell shares do I choose for my sell action, Market or Limit? What’s the safest choice?
Right now the stock is considered to be ‘volatile’ so you can only sell or buy with a limit, not market. At least that’s how it is on Vanguard. Market is basically selling/buying at the current price where a limit allows you to automatically sell/buy once it reaches a desired mark.
What percent of the profit from selling shares do you get to keep after paying the government
Hey Pat – I actually wrote an article to help you calculate this https://franknez.com/capital-gains-taxes-a-simple-walkthrough/
Hi Frank. Love your posts thank you.
Just a quick question.
How could the squeeze happen after hours without the shares we hold to cover?
Hi Jane, I appreciate that. Short sellers could simply cover or get liquidated before the market closes which would mean a squeeze would then happen after hours. Regarding our shares, they are transacted through a clearing house first. We do not transact directly with short sellers. When they begin to buy back shares, the order is processed by the broker. This massive ‘demand’ would cause the stock price to skyrocket. The clearing house would then validate these buy orders once retail investors start providing these shares from selling at a high price. This is why we hold. To give them back at a higher price when the demand is parabolic.
1st off thank you for sharing all of your research and insight, greatly appreciated. Question I hope to have answered is about HF’s holding their short positions: if they are doing the math and come to the conclusion they would be out of business by covering at this point, wouldn’t they decide to pay billions (less) by just carrying their shorts indefinitely? TIA, Dan
Thanks Dan! The thing about HEDGE FUNDS is that they are guaranteed future buyers. The interest is compounding every day and all credit eventually has to get paid back to the lender. Unfortunately, this money has to come from somewhere and it’s going to affect their clients and the rest of the market.
I have a question based on the assumption that large institutions hold ~ 60 million stocks.
For example, if they sold their shares for $ 1,000 per share, that would mean $ 60 billion.
Where should this money come from? Wouldn’t the whole game be over if the institutions had made their money and left us monkeys with nothing?
I mean, why should BlackRock and Vanguard wait until $100k per share?
473 shares… This ape will hang out in the tree until the nanners pile high enough to touch my feet. Retiring afterward and traveling the country in my new RV.
I have been adding to my position since February and have over 1k shares at an average cost of 11.88. I think everyone should sell where they feel comfortable. I have my own goals and will sell in blocks. The biggest thing I would recommend that every one is to hold 5-10% of their shares whether 1 share or 300 or 1,000 until it gets to its highest point. Just an observation. How it runs will dictate the number of shares I sell in my blocks. 1st block is at 1,000 per share.
May everyone have health and makes out well on all their endeavors!
I agree Chip. Everyone should set their own goals. Thanks for commenting brother! 🤝✨ God bless
As someone who just turned 18 2 months ago, this is really lucky for me. I’ve got a little under 23 shares. Hoping the price rises to at least $1,000-$5,000 so I can afford my own place after college! This article was very encouraging and I’m gonna hold my stocks as long as they keep going up!
Happy to hear you found this information helpful Michael 🤝🦍
First off, thanks for your amazing content; extremely informative, insightful, and knowledgeable. The question I have for you is, for example, let’s say the stock jumps to $7500/share, and if everyone liquidated around that price, won’t they run out of money to pay people out? Probably a stupid question, but curious. Thanks!
They will not run out. Once the squeeze happens it will be shorts and hedgies buying. Not some other retail investor (at least hopefully not they’ll be wiped out). Hedgies got deep pockets. They will cover or go bankrupt. No tears here if that happens. At that point the liability goes to the market maker to cover the debt. Then the us government is the final stop which has assets insured. From my dd that’s around 70trillion in protection. I do agree at this exact point of time that 100k+ is a very far and hard to conceive price per share. And that the math is there possibly for it to happen. I fear the price is more a psychological experiment on how long everyone thinks others will hold for when the money actually appears in their brokerage accounts. I am holding for 4 digits and would love to see 5. But will hold as long as it is rising and will sell on the turn. Good luck all, this is a once in a lifetime play and will most likely end well for longs. Hopeful for life changing. Either way. The money is great but more important is the flawed system that keeps everyone under a thumb with not even and unfair rules. I imagine where ever this ends. If the rules are not fixed. The apes will simply move on to the next ticker and become the new norm to the market until justice is served.
I have 1000 shares and will watch diligently to time my exit. I do think it is unwise for people to hold out for $10,000 a share which is what I see a lot of people holding for. It would be in my best interest for as many people to do that. But reading the comments I see some people with smaller amounts of shares are hoping to fix problems in their life. PLEASE REMEMBER in order to get $10,000 a share some one would need to pay $10,000 a share to you. Why would they do that? $500 to 1000 is realistic. maybe a little more but $10,000 is not.
Fantasti question. I also have something similar to that in that won’t money eventually run out to pay people out, especially if those hold past the 10k, 20k ( if it goes that high)?
normies will not be paying those prices. It would be the hedge funds. They have to cover their positions. If a margin call comes they have to cover. So that means they have to pay WHATEVER the price is. It’s not a matter of “is it realistic that someone will pay X amount’ because this isn’t about selling based on fundamentals to other investors. This is about the hedge funds having to cover their positions
If it does go that high, and I believe it can, some people will by for FOMO! But mostly it will be hedgefunds, DTCC, etc buying through algos! There will not be a human involved. When these people get margin called, they no longer have any say in the process! its all computers, and computers just buy stock regardless of how many zeros there are.
Why would anyone pay $3400 for a share of Amazon? Because they’re hoping to make a profit. I’ve bought Amazon at $3,100 and still made a nice profit. If it’s making money, it doesn’t really matter if a share costs $1 or $10,000.
My husband bought about 600 shares, this article was very encouraging to stay holding !! It would be life changing for sure !
Glad I was able to provide you and your husband with value Jackie. To the moon 🚀
For every thousand it reaches i reach about 100k. So i guess 5-10k $ would be life changing. My work don’t pay much but i don’t know if i can really educate myself more because i have memory problems. I would invest some of it in stocks and other things, making me not have to work much / at all so i can spend time with family, take a vacation and buy my first car. I have had problems with eating disorder, insomnia and manipulative relationship and i don’t have any children but my brother and mother is my best family.
I’m sending positive thoughts out to you. 🤝
I Am enjoying your Articles and comments from your readers.
To be honest I knew nothing about the stock market a few weeks ago. That’s when I bought four shares of AMC STOCK
Well I have learned about Short Sells and Hedge funds and how the Market can and is Manipulated.
I am about to be 65 this summer and this last year the things that I though were safe and untouchable has been proven that there is nothing that you can be 100 for Real Real today.
Black Lives Matter. Cops are to groovy and being held accountable. Presidential Election was OMG What was it?
The Stock market is Manipulated by all this f$!#%?y and where is the SEC?
That Pandemic, The cause and effect.
We have all lost so much. Things have been disrupted in ways that we aren’t even aware of yet!
After China, The Pandemic, &Trump,
I believe one thing. It was said that there was going to be the biggest change of wealth that has ever happened and I believe it. Maybe this is it. Maybe not.
Whatever happens here I will continue as I always have and pay it forward, always give a hand up and help where there is need.
Thank You for listening to my point of view. I appreciate your time.
I have a whopping 28 shares.lol At least it’s something! Haha
Absolutely – to the moon brother
We are holding with 20 shares. Most of ours were bought around $18, with a few around $50. Daily reach out to our contacts and have educated many. Most of them have been skeptical but bought a few shares to test the Ape waters. Honestly, I’ve blown more money than I invested at the casino or a day trip with the kids. It’s worth the wait and could be life changing. There is always hope 😉
Thanks for your comment Kristie. Though we should only invest what we can afford to lose, I also believe that not taking calculated risk is the biggest risk of all.
Yes, absolutely. We make sure to let them know not to invest more than you’re willing to lose.
I only have 10 shares…so here’s to hoping and to holding!
This was so well explained. Thank you for taking the time to share your knowledge and educate us baby apes. ☺️ Praying for everyone to hold and to see financial blessings for all of us little guys. 🙏🏻
Thanks for being here Brandi. To the moon 🚀
Great article. Never quite got what a short squeeze was till now. 32 shares and will hold. Is GME done being squeezed or is that still happening.
Thanks Stephanie – looks like GME still has a chance at squeezing too. The stock is still being shorted
God willing, My four shares will help me buy a good used hybrid for my soon to be 3 hour round trip commute as a cali first time home buyer.
Blessings are coming 🙏 thanks for commenting Nathan
I have 4,446 shares. $1k a share would be a nice payday.
Very nice payday if you ask me! 🍿🚀
extremely difficult to navigate AMC event
what levels to buy & sell ?
what are rule books ?
The community buys the dips, or when the stock goes down. It’s a discount. For tips on selling after the squeeze read this article: https://franknez.com/an-excellent-amc-exit-strategy-guide-short-squeeze/
Can you post that exit strategy link again? It’s not working for some odd reason. Love your post btw!
The blog is having a few technical difficulties. I am working on resolving these. Keep refreshing, it’ll go through.
Thank you 🙏 https://franknez.com/an-excellent-amc-exit-strategy-guide-short-squeeze/ here’s the link. The blog is a having a few technical difficulties, working on resolving these matters immediately
Love your logic and sensible info.
Ps I’ve been holding on to these AMC shares since January. Keep the faith.
Thanks for being here Lyndon. Been holding since Feb. Remember your why. #amctothemoon
Only holding 60 but 🤞🏼
I have about 1994 shares got in around 8$ actually forgot about the stock started hearing all the hype and took alook i was up up alot .. Holding til it reaches over 300 might start selling if it comes close to 500 but just a small percentage of my holdings tho .. I dnt think 100k is realistic but 1k definitely is tho .. Hope us little guys all become millionaires off this than on to the next 1 😁
Thanks for commenting Fernando. To the moon brother
Maybe don’t sell all at once? In case it hits $1000, $2000 ect.
Oh, you did say “just a small percentage”. lol
Great article bro.. very informative for the Apes learning the tricks.. Hope this squeezes past Bitcoin… will help me take care of my debts!!!
Much appreciated brother – be sure to share with the community 🤝
To the moon 💥🚀
West Seattle Militia holding some movement tokens [FIST UP]
Movement tokens, love it brother
Everyone remember: Do not sell at a price that is high for you, sell at a price that is high for hedge funds!
3500+ shares, will add another 200 shares monday
Been adding to my position since February, not financial advise 🙏🍿
What do you think it will go to? I’m going to bug plastic surgery a car and idk stuff
If retail investors continue to hold while shorts cover, I think it can squeeze as high as $1K – might not have a ceiling. We’ll have to hold to find out
Yes we do. I wish everyone didnt have the hold till im worth a million attitude.
That’s the overall sentiment but in the end everyone is free to make their own decisions
I’m PRAYING everyone HOLDS for at least 1k that would put majority of us in a VERY good position., however I definitely understand if they can’t., GOD BLESS us all.., please remember it’s POWER in numbers.,the more of us that stands together for the 1k or higher the stronger we will be
Very well said
A squeeze would mean my kids can go to college without the debt that has entrapped so many of our fellow citizens. Why is our country (the richest in the world) enslaving its citizens with debt to get an education. Education would help drive innovation that would benefit our country, its citizens overall, and help maintain our economic, technological, and democratic leadership around the world….
But debt is being used for the benefit of the ruling class like it has since the beginning of money, and there are many ways to get into it…. it’s a shame that debt starts from the point a young person wants to improve their life through an education and the amount can even become like another mortgage when a young couple starts life together.
FACTS. Fred, thank you for your comment.
I’m 58 and not in the best health. This would allow me to retire early, pay off my home mortgage, purchase my dream home and to rent out my current home.
This would give me the funds to send both my young children to college, giving them a brighter future.
Blessings are coming Samuel. Keep hodling on brother.
Great article , fellow ape , congratz . Holding 400 bananas , floor 50K on the way back down from 100k . 💎✋🌝
Thank you fellow ape 🤝✨ don’t forget to share with the community 💎
Thank you for the information! See you at the moon 🙌🏼
Great Article!!! Great community!! Great Stonk!! AMC to the MOON!!🚀
Thanks brother 🤝🚀
From January till date, I have been buying. Guess they better call to join the Board soon. Promoted to a Bongo Ape 🙂
Apes to the moon 🚀
One thing I will do for sure is use some money to make more!
That’s the way 💯
I would pay off the 100k debt that I was left with from a real estate scam. Then I would find a team of lawyers to go after every single one of the scammers that stole 4 years (and counting)years of my life and destroyed my credit. This is a squeeze or die trying situation for me. Holding 1500 shares with the only money I have left in this world.
Justice will be served brother
I know how that feels, GOOD LUCK, I hope it all comes right for you
ALL US APES ARE STANDING STRONG FOR PEOPLE LIKE YOU AND YOUR FAMILY.
APES TO THE MOOOON
My 50 shares would definitely help me get my car running. I have not had a vacation in five years that would be the icing on the cake to have my car running and take a vacation in it.
I hear that brother
Lady ape buy stock Lady ape like stock lady ape will Hodl
Love it – welcome lady ape 🍿🔥
just bought 100+ shares!! Good read.
Right on brotha! Thanks for reading FrankNez
Couple thousand shares here.
But I’ve got 100 calls between 10:00-$13.00 so fingers crossed it squeezes in the next couple months
This could be the biggest transfer of wealth in history 🤞
Absolutely guarantee it wont be – poor analysis and a basic misunderstanding of how the stock market works. Pathetically ignorant post.
Almost to 1,600 shares, holding to at least $643 a share because that grosses a million dollar payday, then party time!
Cheers to a million dollars 🥂
100k floor, hodl my friend, its not about our end pockets it’s about the movement to f**k the HF and bleed them dry.
I salute you
Would be nice to hit $1286 a share! That way when you pay Uncle Sam, you’ll still have $1 Million 😉
Factor in taxes to Uncle Sam. 40% to be exact.
51 banana holder here would pay off my debts and give me some peace of mind… basically a squeeze equals mental therapy!!!!
Love it – best of luck to you my friend
Finally the financial freedom to leave an mentally and emotionally abusive marriage, and giving my little family the peace they deserve. ♥️
🥺you and your family deserve that peace and freedom. Sending positive thoughts your way Mari.
Sorry about that. Hope you find the peace you deserve.