Another institution has bought AMC stock and sold another high-profile stock.
Ray Dalio’s Bridgewater fund just bought AMC and GameStop and sold Tesla shares.
I was watching the multi-billionaire talk about the economy just yesterday with Tom Bilyeu.
Bridgewater wasn’t the only institution that increased their stake in AMC stock this first quarter.
The largest pension fund in America (CALPERS) purchased an additional 155,992 shares by the end of Q1 this year, totaling the number of AMC shares owned to 775,392 shares.
It seems institutions are bulking up on AMC shares right before executive order 14032 goes into effect.
Things are getting very interesting.
Let’s discuss it.
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Bridgewater buys AMC stock for the first time
Bridgewater disclosed an AMC stake for the first time in its latest portfolio update.
Dalio and his team bought about 27,100 shares of the cinema chain, which were worth $667,000 at the end of March.
The fund disclosed around 4,100 GameStop shares worth $689,000 as of March 31.
The last time it listed GME stock in its portfolio was more than three years ago, at the end of 2018, according to Market Insiders.
Bridgewater owned about 25,500 Tesla shares worth $27 million at the end of December, and held the stock in all four quarters of 2021 but cashed out its Tesla stock the first quarter this year.
Ray Dalio is an incredibly smart person.
Why an institution like Bridgewater is bulking up on AMC and GameStop shares has to mean something.
The ‘ape’ community predicted the big price runups that happened in AMC last January and May/June and are expecting a bigger runup this year.
Are financial institutions catching up?
Executive order 14302 goes into effect soon
Executive order 14302 is going to prohibit financial institutions from using Chinese securities as collateral on June 2nd, 2022.
The last time Chinese collateral was prohibited on January 27th, and May 27th of 2021, AMC stock surged.
Is this why institutions such as CALPERS and Bridgewater are buying AMC stock?
And while CALPERS did not buy GME stock this first quarter, it did buy 70,600 shares of GameStop during the last quarter of 2021.
I wonder what Wall Street analysts have to say about this.
After all, they made it their life’s mission to derail investors from buying these ‘meme stocks’.
Something tells me ‘dumb money’ might not have been so dumb after all.
But I’m curious to know what you think.
Are institutions on board with the data that says AMC and GameStop have massive potential for a short squeeze?
Leave your thoughts in the comment section of the blog below.
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Related: CALPERS Increases AMC Stake, Sells Netflix Shares
Citadel has purchased massive amounts of AMC shorts using Chinese bonds as collateral. This has been public knowledge for a longtime. This almost seems like a targeted effort at getting over leveraged financial institutions, especially Citadel, under control. If you just take a look at the math and number ls people smarter than me are predicting Citadel holds in synthetics, the smallest estimate is enough to crash the global economy. Glad we’re making steps to correct the market. “All Hail Caesar” -ZZZman
Honestly I think there is a very good chance that this Executive Order , as we approach June 3, 2022 which is right around the corner, should have a positive affect on the outcome of the increased price between now and that date and beyond. It’s beyond coincidence , But now three very smart investors and their teams bulk up on AMC shares so it will be interesting to follow this very closely
Very Interesting , because They are not alone a Big Swiss Bank just loaded up on AMC.
Switzerland’s Central Bank Scooped Up Apple, AMC, Tesla, and Rivian Stock ( Check It OUT )
Let’s start a discussion! Leave your thoughts below.