While dark pool trading was somewhat considered to be a myth, the AMC community first raised the possible existence of them when AMC’s share price was skewed despite its heavy volume.
Sure enough, short interest data platforms such as S3 Partners have been able to calculate the percentage of trades going through dark pools.
Dark pool trading has been suppressing AMC’s share price to prevent hedge funds from eating daunting losses like they did with GameStop.
Apes made no hesitation to reach out to regulators via Twitter and express their concerns.
#DarkPoolAbuse has been a commonly used hashtag within the community expressing the concerns in the market.
As apes got louder, we gained the recognition from Charles Payne of FOX Business and Melissa Lee of CNBC.
Dark pools were mentioned on national television and were accepted as being a real problem for retail investors.
SEC Chairman Gary Gensler has mentioned that his team is looking real closely at dark pools and hedge fund business models.
While dark pools have not been banned yet, our community has made enough noise to grab the attention of regulators and influencers with the power to make real change happen.
We’ve Created An Investing Culture
Originating from Reddit, then progressing to YouTube and journalism, our community is spread across many social media platform groups.
And although content creators and influencers all share very similar narratives, we all provide a different type of value to the community.
You might have gotten into AMC through an article or video you came across.
You were exposed to apes, rockets, memes, community, friendships, battles, laughter, and so much more 🔥🚀🌔.
Every ape is so different, but every ape has a ‘why’.
A reason for why they got in the short squeeze play of a lifetime.
This is how we connected at a very deep level and why the community grew so strong.
We’ve created an investing culture where we can find plays to make money and also be a voice for change.
Nothing makes me feel more proud than when apes say I have one of the most educational Discord’s in the community.
This is what it’s about.
It’s about helping others and exposing life-changing opportunities to our people.
Apes Will Evolve Over Time
Apes might have originated from GameStop and AMC but I believe that as we diversify our plays and learn about other opportunities, our community will have a positive and abundant impact on other communities too.
As the ape community grows, there will be an abundant amount of content that will help new retail investors understand our culture.
We’re not going anywhere unless it involves the moon, Mars, or Pluto.
We Saved A Century Old Movie Theater Chain
That’s right, you did that 🍿.
You played a major role in the company’s success even if you only own one share.
Because of retail investors, AMC was able to raise more than $2 billion dollars in cash, allowing the company to prosper and innovate.
And although the company is still paying off pandemic debt, no one wants to see their favorite movie theater chain go away.
Adam Aron has been an amazing CEO.
He strategically worked with shareholders to ensure the survival, innovation, and growth of this century old company.
Now we’re the ones that get to tell our children, “we saved this movie theater chain” when we take them out to a movie.
I don’t know about you but I think that’s something every single one of us should be pretty damn proud of 💪.
Apes Are Cracking Down On Corruption
I’ve said it before and I’ll say it again.
The ape community is a beacon 🗼 for change.
For change in the markets, change in the way we trade and how we transfer information for the greater good of the community.
I’ve been saying for months that for change to happen we need to make a ruckus and you’ve made a ruckus.
CNBC just covered you. They just covered your voice. The mainstream media said “I acknowledge you”.
Celebrate the win apes and keep your eyes open for more abundant opportunities.
If you haven’t watched the documentary CNBC just released on the community I strongly suggest you do.
Final Words And Thoughts
Our mission is not over yet.
We must still ban dark pool trading, PFOF, and ensure that we do whatever it takes to ensure a fair market.
Make money, make lots of it; but don’t ever forget how powerful your voice is.
Community, today I want to discuss some AMC stock news and updates. If you’re following me on Twitter, then you’ve seen me post this article a few times.
Bookmark this blog post because I’m going to be updating this article every time new AMC stock news is released! If you’re subscribed to the blog’s newsletter then you will be receiving an email notification or email from me once this article has been updated.
Welcome to Franknez.com – I want to give more to the community. So, here’s the latest AMC stock news for you.
Adam Aron Has His Eyes On Shiba Inu Coin (10/29)
Ladies and gentlemen, Adam Aron has done it again.
He took it to Twitter this morning asking the community whether they’d like to see Shiba Inu coin on the list of cryptocurrencies for online payment.
The CEO had created a poll on Twitter last month regarding the acceptance of Dogecoin (see below).
That poll showed around 77% of retail investors favored the decision.
The most recent poll on Shiba shows almost 90% of the community favors the decision of listing $SHIB.
The cryptocurrency has made mainstream media headlines and has a strong community backing up its presence.
Skeptics of the cryptocurrency fear a diversion of the communities.
However, they fail to see that the SHIB community and AMC community are more alike than they think.
On the contrary, the introduction and acceptance of this community may very well play in each others favor.
How This Affects SHIB & AMC
Adam Aron is bringing more eyes to his company, to the stock, and to the community by making these type of moves.
He understands the importance of community and is accepting another massive community into his world.
The bullish news will serve both AMC and SHIB well, drawing attention to both the stock and crypto.
And if you don’t know where to buy Shiba Inu coin, you can buy it on Coinbase.
Leave your thoughts below in the comment section of the blog.
AMC To Accept Dogecoin Cryptocurrency (9/22)
Adam Aron, CEO of AMC Entertainment, created on poll on Twitter asking retail investors whether AMC should accept Dogecoin for online payment.
The poll received 140,000 votes with 77% of retail investors saying yes and only 23% saying no.
Now it’s just a matter of AMC Entertainment making this form of online payment a reality.
Adam Aron has been an amazing CEO and has proven to be one of the first CEO’s in history to directly engage with its shareholders throughout social media.
Elon Musk even took it to liking Adam Aron’s tweet on Twitter showing his support on the innovation. Elon has been one of the biggest advocates for cryptocurrency with Dogecoin and Bitcoin being the two most popular choices.
What Cryptocurrencies Will AMC Be Accepting?
Aside from Dogecoin and Bitcoin, other form of cryptocurrencies AMC theaters will be accepting include: Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash.
This innovation is going to change our world. Cryptocurrency is making a bigger statement than ever before and it’s here to stay.
How it’s regulated or used in companies is something we will come to find out very soon. This bullish news should have retail investors excited for the future of cryptocurrency and AMC Entertainment stock.
Now, this particular piece you’re about to read is from one of my moderators on the Discord, AMC with FrankNez. I’ll leave the link to the group at the end of the article. Enjoy!
Written by: Erin Scott
APES! Huge news on the horizon for AMC.
If you’ve been in Frank’s AMC discord, you likely have seen me in there posting memes, or cracking wise, as I am the resident memelord and comedic relief in the server.
I have been doing some of my own DD, as you should too! Never take anyone’s word for it. Look for yourself apes, all the information is out there if you look hard enough, and boy howdy let me tell you.
I’ve found a few tasty breadcrumbs that could potentially be a trail leading to some major catalysts for an AMC runup. Now bear in mind, folks. I am not a financial advisor, and this is not financial advice. I am just a smoothbrained crayon eating ape investor who is hyped as all get-out and have a very strong bullish sentiment about the next few days in AMC.
As Frank says, let’s get started!
Adam Aron announces AMC theaters will be launching its first ever $25+ million NATIONAL ad campaign with starlet Nicole Kidman! Apes, this is huge! Adam is joining us to remind people that the theater experience is a time honored tradition in our country, that won’t be driven away by greedy hedge funds!
Aron has also been talking with Melissa Lee about never-been-done plans for AMC! Apes, could this be the AMC/GME team up that’s been speculated since AA confirmed he has reached out to GME’s Ryan Cohen??
As of the time of this writing, Melissa Lee hasn’t aired with the story yet, but I am sure Frank will update this article accordingly. Fam, imagine our favorite stocks joining with our community and taking the fight BACK to the shorts who would seek to rob us of our favorite entertainment!?
Furthermore, when doing a little digging, I came across this juicy choice chicken nugget dipped in spicy affirmation sauce! Confirmation of a SEC Investigation on shorted stocks baby! Right in section 5 of GME’s 10Q earning report filed with the SEC itself written in plain English on GameStop’s investor website.
And lastly, we have been bullish for days apes! We have a solid 45° uptrend, and a signal like this chums the waters for those big institutional investors! Something huge is coming our way apes, strap in and hang on, because I have a feeling we are about to take a ride to the next level!
I will keep this short and sweet but if you enjoyed this article, stop by in Frank’s discord and say hello! I’d love to hear from my fellow apes! STONKY KONG, OUT!
NSCC-005 Raises Margin Requirements (9/3)
The DTCC just released a filing approving the NSCC’s proposal to increase the minimum required fund deposit (margin requirements) for short sellers.
Short sellers were required to keep a minimum balance of $10,000 in their margin accounts until now. As of September 3rd, 2021, these accounts are require to keep a whopping $250,000 by law.
“On the morning of the effective date, members with a fund deposit below $250,000 will incur a deficit, that will require funding by 10AM EST”.
How Does This Affect AMC?
This doesn’t just affect AMC, this affects the entire market. Plays that are currently heavily shorted such as GME, SPRT, and BBIG for example, will all be affected.
Short sellers are getting a 2500% margin increase as of September 3rd, 2021. Community, this is massive. If short sellers cannot meet this requirement then their positions will be liquidated.
Your favorite stocks are about to start moving up through a series of gamma squeezes. These gamma squeezes could cause hedge funds to close out their positions resulting in multiple short squeezes from multiple heavily shorted stocks.
These series of gamma squeezes must not be confused with a short squeeze for any particular stock. These margin requirements will first eliminate the smaller short sellers.
Holding will be crucial if we are to squeeze the bigger short sellers from their positions. Massive things are right around the corner!
AMC Theatres On Demand would offer more than 5,000 movies from every major studio and indie film distributors, available for purchase or rent.
“We’re thrilled to have partnered with AMC to power AMC Theatres on Demand for their millions of customers and provide an infrastructure that is efficient and scalable”, said Carol Hanley, president of Whip Media.
Amazing news for AMC Entertainment indeed. This type of bullish news should push AMC stock further up since fundamentalists are still looking at AMC fundamentals.
The ape community understands that fundamentals are out the window when it comes to a short squeeze play. However, every step along the way counts.
Any business that goes online now goes from limitations to unlimited possibilities. While AMC Entertainment earns money the traditional way, through ticket sales and concession stands, they will now have the ability to earn revenue at scale through their online services.
AMC going online can easily raise its value to a 3-figure stock alone. It no longer depends on old traditional business methods. AMC has now configured a hybrid business model that will generate revenue even while movie theaters are closed after business hours.
This is certainly exciting news.
AMC Breaks Through $40
What an amazing day for the ape and retail community. AMC finally broke the $30 level of resistance and flew past $40.
AMC stock volume traded at a whopping 221 million! The average volume is approximately 169 million. Today’s momentum pushed through short sellers like a mob trampling shoppers at a black Friday sale.
August was the time to bulk up before momentum started taking over again. I predicted that these coming days would consist of AMC having an open runway of which we saw happen today (8.24).
Short Sellers Lose $800 Million
According to Ortex, short sellers amounted a whopping $800 million loss as AMC stock spiked up more than 20%. Short sellers betting against the stock can expect this pattern to occur in the coming days to weeks as AMC surges.
The opportunity to close positions in the $30 range are long gone. This is what happens when greed overpowers reasoning.
This last week in August could be pivotal. If shorts do not close their positions now, they will continue to suffer immense losses.
The BIGGEST Catalyst To A Short Squeeze
You know what the biggest catalyst to an AMC short squeeze is? It’s you. That’s right. You reading this.
The ape community is the biggest catalyst to this short squeeze trade. As long as retail investors continue to hold the stock, a short squeeze is inevitable.
Now, while we cannot control what whales (institutions) do, we can certainly control what we do. And that’s all that really matters during this play. Especially given the fact that retail investors own more than 80% of the free float.
Today we saw sells of up to $2.2M, and it barely affected the share price. This shows you just how strong we are as a community.
That’s 1/4 of their investment in the hedge fund. Citadel and partners plan to withdraw the money at the end of the third quarter. They made the investment in late January during the time Melvin Capital’s short positions were under attack by the heroes who saved both AMC Entertainment and GameStop.
The ape community saved two major companies in American history and are on a mission to squeeze shorts from their positions. Will Melvin Capital end up closing their doors? It’s certainly possible, especially if the hedge fund continues to lose money.
What Does This Mean?
We’re beginning to see that hedge funds short on AMC and GME stock are now resulting to desperate measures. They are scrapping money from their own pockets now.
See, retail investors liquidate their positions in other stocks to buy more AMC, to buy more GME stock. Ultimately to make more money right?
Hedge funds on the other hand are liquidating their stocks, and pulling their investments out from other institutions because they’re running out of money. They’re required to keep money above margin requirements.
Unfortunately for Melvin Capital, Citadel just left another hole in their sinking ship by pulling out a quarter billion dollars from the hedge fund. Melvin is already down about 43% this year with about $11 billion in assets remaining.
The retail community continues to buy and hold both AMC and GME stock. AMC stock is setup for another technical break above $40 which will only cause short sellers to trend negative on paper.
Hedge funds cannot afford to lose their clients investments this long. It’s been 8 months of nonstop losses for short sellers all year. Clients will be pulling money out.
It seems retail investors will not only be forcing short sellers to close their positions, but will also take down the hedge funds who planned to bankrupt America’s favorite companies.
Subscribe for more updates
If you enjoyed this short piece be sure to subscribe for more updates. I will be revising this piece as new AMC stock news comes up for the community.
Anything that has to do with our community winning against short sellers will be posted here. A lot is going on and has been going on.
Judges Rao, Walker, and Sentelle, asked tough questions during the first part of this Citadel vs SEC lawsuit hearing.
The hearing took place yesterday, October 25th, 2021 but continues today.
I’m going to be breaking down parts of the hearing and summarizing key points.
I will also be linking the video of the live lawsuit hearing for your viewing pleasure.
Welcome to Franknez.com – the Citadel vs SEC lawsuit hearing has commenced. Be sure to bookmark this page is this developing story unfolds.
Let’s get stared!
The lawsuit hearing started with Judge Walker asking Mr. Wall, Citadel’s lawyer, “Mr. Wall, do you think latency arbitrage exists?”
To which Mr. Wall responded, “[stutters] I don’t think the court has to get into it..”
And this set the entire mood of what was about to go down.
To start off, all three judges were great.
Both Mr. Wall and Catherine Stetson of IEX, were asked very fair questions.
Let’s begin with Citadel’s argument against SEC and IEX technology.
Citadel Argument Against The SEC
In the legality of things, Citadel Securities is suing the SEC for ‘violating’ the Administrative Procedure Act that sets requirements for making changes to agency regulations.
As you know, the changes the SEC made was approving the D-Limit order through the IEX Exchange.
This D-Limit order eliminates market arbitrage and predatory tactics against retail investors by using AI technology to level the share prices of stock throughout all exchanges and offering higher and better quality prices.
Citadel Securities says the SEC disregarded important data showing that the rule would hurt retail investors.
On a side note, Citadel Securities is not for retail investors.
Retail investors do not want their orders going through Citadel nor any association having to do with the market maker.
Citadel Securities is not just a market maker, but a hedge fund and dark pool altogether.
Their predatory tactics against retail investors have suppressed the momentum rallied by the AMC and GME community looking to spark a short squeeze from these heavily and overleveraged stocks.
What Is The Data That Would Hurt Retail Investors?
According to Mr. Wall, the data the SEC missed that would hurt retail investors is that share prices would be higher due to IEX.
He argues that IEX is not sufficiently tailored for retail investors but fails to identify exactly how they miss the mark.
Mr. Wall is suggesting that a leveled playfield would harm retail investors because IEX is able to set better and higher prices than their current model…
It seems Citadel wants to protect retail investors from paying higher and more accurate share prices across all exchanges?
Ladies and gentlemen, this argument is pitiful.
Retail investors have been fighting for a fair market and for a leveled playfield where high frequency trading isn’t affecting their trades and long-term investments.
In simpler terms, IEX would not hurt retail investors but rather lay a foundation towards a more effective and fair market.
It’s this very reason the hashtag #CitadelIsNotForRetail has been trending on Twitter.
I think it’s fair to say that if we took a vote from retail investors, majority would vote for an IEX solution.
IEX Just Wants Liquidity (Bigger Market Share)
Mr. Wall argued that the premise doesn’t even surround latency arbitrage or market arbitrage but rather IEX’s desire for more liquidity, or bigger market share.
When avoiding questions about predatory tactics often used by high frequency trading firms, Mr. Wall deflects confirming the current use of market arbitrage by claiming IEX simply wants to gain liquidity.
In the lawsuit hearing, Mr. Wall confirms Citadel processed up to 56% or retail orders within a month time-frame.
It seems Citadel Securities is more concerned about losing market share than protecting retail.
But that’s not difficult to see.
Citadel Securities has proven to abuse their power and we’ve seen this specifically in AMC and GME stock.
As one of the top short sellers of the two stocks, we’ve seen millions of failure-to-delivers get reported, and the overextension of dark pool trading and even naked shorting occur.
High frequency trading has further given Citadel Securities a massive advantage over retail investors going long on these stocks.
Citadel Securities Argues No Latency Arbitrage Has Taken Place
Mr. Wall mentions that maybe a decade ago latency arbitrage could have been possible but not in today’s world.
This is where we see Catherine Stetson of IEX step in to give her stance in this lawsuit hearing.
“Citadel Pays Hundreds of Millions To Brokers”
Catherine Stetson made a great entrance providing backing information that IEX data has indeed found latency arbitrage.
IEX Exchange is the firm that has introduced innovation to the market with its D-Limit order.
The D-Limit order uses AI technology to execute high quality predictions across the market to set higher and more accurate share prices.
This order type eliminates market arbitrage strategically used by high frequency trading firms such as Citadel Securities and gives retail investors a fair playing field.
When orders are process by Citadel Securities, they are able to move them through several different exchanges, allowing them to profit from slower loading share prices on foreign exchanges.
Orders being process through IEX’s model enables the share prices to load equally amongst all exchanges.
Citadel Securities argues that this model intervenes with the natural laws of the stock market.
The same ones that have allowed them to take advantage of market participants.
Catherine Stetson made a valid point when she said, “Citadel pays hundreds of millions of dollars to get retail orders, and profit from them.”
During the lawsuit hearing, Judge Walker sternly addressed Mr. Wall by saying, “You’re the one who’s trying to regulate your way into market victory.”
It’s not difficult to see the intentions of both parties.
“We Are In The Middle of A Speed-War We Never Signed Up For” – Catherine Stetson
Catherine Stetson made a remarkable statement that addressed the real issue of high frequency trading in the markets.
Her statement regarding retail investors participating in a speed-war we never signed up for sums up the deceit of market maker, hedge fund, and dark pool, Citadel Securities.
This is a statement declaring change in our markets.
This is a statement fighting for a fair market, and a voice aimed towards protecting retail investors.
IEX is seeking to eliminate market arbitrage from high frequency trading firms and begin processing orders that will put retail and financial institutions in the same playfield.
BREAKING: Citadel is suing the SEC over the new D-Limit order that would protect displayed lit orders from being picked off by latency arbitrage players.
“The SEC failed to properly consider the costs and burdens imposed by this proposal that will undermine the reliability of our markets and harm tens of millions of retail investors,” a Citadel Securities spokeswoman said in an email on Friday, via Reuters.
Now, this has been an ongoing battle since last year. However, new documents show this fight has risen in court again.
In fact, the new court date is set for October 25th of this month. This is big.
Welcome to Franknez.com – today I’m going to be breaking down the D-Limit order and the Citadel Securities LLC vs SEC court hearing.
Let’s get started!
Community, the news that has come up today has been an ongoing fight since before GameStop began moving up between the months of October-January.
I’m going to break down the entire investigation leading up to today’s recent news and court date.
What Is The D-Limit Order?
The D-Limit order is designed to protect liquidity providers from potential “adverse selection” by latency arbitrage trading strategies.
This rule basically gives traders a way to buy or sell stock at the exchange while protecting them against unfavorable price moves, via Reuters.
“The D-Limit Order is an artificial intelligence order type that protects displayed lit orders from being picked off by latency arbitrage players.”
“It aims to benefit displayed equity market quotes with better prices, larger displayed sizes and more competition among liquidity providers.” via, JLN.
This order is a massive threat to Citadel as it takes away predatory trading through the practices of market arbitrage.
What Is Market Arbitrage?
Market arbitrage is the act of buying a security in one market and simultaneously selling it in another market for a higher price.
Traders frequently attempt to exploit the arbitrage opportunity by buying a stock on a foreign exchange where the share price hasn’t yet been adjusted for the fluctuating exchange rate, via Investopedia.
This type of trading takes advantage of everyone involved, including retail investors.
Citadel personnel argue that the D-Limit rule is detrimental to millions of retail investors and undermine the reliability of the markets.
How could you even argue the point, that’s insane!
Market arbitrage is a form of predatory trading.
The D-Limit order fights against latency arbitrage from high frequency traders such as Citadel Securities.
This D-Limit order would provide the markets with more accurate prices and prevent HFT firms from using arbitrage strategies to plummet or extensively short stocks.
In short, Citadel Securities has been fighting the SEC to continue using manipulative strategies against retail investors.
Apes in the community will have to back up the SEC to create this massive change in our markets.
Citadel Securities VS SEC October 25th, 2021
This battle between Citadel Securities and the SEC has been occurring for quite some time now.
However, Citadel and the SEC now have a new court hearing on October 25th, 2021. The fight for a fair market continues.
The lawsuit fights against the use of the D-Limit order through the IEX exchange that would provide the markets with a solution against arbitrage trading via AI technology.
Argument: Citadel Enjoys Unfair Advantages Over Other Participants
Citadel Securities has been facing major scrutiny all over social media and is now being recognized for it’s multiple scandals in the public’s eye.
In a series of documents detailing the court hearing, the SEC explains how Citadel has profited billions from high frequency trading.
This D-Limit order won’t just target Citadel Securities, it’s going after a handful of other high frequency trading firms.
Eliminating these manipulative strategies would be extremely bullish for retail investors.
For example, the markets wouldn’t be as volatile.
High frequency trading has been the cause for several market meltdowns so eliminating this practice would provide retail investors with a fair playground.
Citadel, as a market maker processes more than 40% retail investor trades in the market. 100% come from Robinhood.
This means Citadel has been making money from every trade that’s been processed merely from high frequency trading.
You essentially have this monster of a company making money off of every opportunity they can get a hold of, even if it means cheating retail investors.
Opposing this order is not protecting retail investors! Citadel is suing the SEC to continue this market manipulation and we cannot let this happen.
The Citadel Securities vs SEC lawsuit will take place on Monday, October 25th.
How Will The D-Limit Order Affect Meme Stocks?
The D-Limit order will allow momentum stocks such as AMC and GameStop to run more naturally by eliminating some of the manipulation that suppresses the stocks from performing better.
The thing about arbitrage trading is that because these hedge funds are able to find foreign exchanges where the price hasn’t yet been adjusted, they can buy ‘current’ priced stocks and sell short in other exchanges.
The D-Limit order is meant to eliminate these strategies.
This market arbitrage could very well explain how hedge funds and HFT firms have been able to short momentum stocks despite the massive buying pressure from retail investors.
Massive kudos to the SEC for fighting against Citadel. There’s a lot going on in the background that we usually aren’t aware of.
I feel that as a community we must give strength to our regulators to make a difference in the markets.
This is a democracy and we want a fair market after all.
Will The D-Limit Order Be Upheld?
The D-Limit order would create a massive change in the markets in general, not just for the ape community.
This order must be upheld. There is absolutely no justification as to why it wouldn’t be.
It is up to our community as engaged and active investors to make this information known. And it is up to us to fully support it’s nature to create real change in the markets.
Our community doesn’t have the full trust from the SEC, yet.
But we must support those in power who can fight against the market manipulation head on.
An AMC and GME short squeeze depend on it. Hedge funds will not go down without a fight so a fight it is.
A fight for a fair market, a fight for the community, and a fight for your financial freedom.
MOASS is inevitable, but it will be up to us to ensure it’s fruition.
I want to thank you apes for sharing the content, for being involved in the Discord community, and for being amazing community members across every social media platform.
The world needs people like you.
Also, be sure to check out the YouTube video of me briefly discussing this topic and don’t forget to subscribe.
Banks, market makers, and hedge funds are all very well aware of the trouble stocks with extremely high short interest can mean for them.
Financial institutions have been overleveraging printed money to help hedge funds keep up with margin requirements and borrowing costs.
Hedge funds have have lost billions despite turning a few profits recently from plays such as AMC and GameStop.
Still, any ‘gains’ seen on paper can easily turn upside down with another upswing. Long short sellers are going to burn new shorts getting in on these plays.
Welcome to Franknez.com – S3 Partners are reporting a 100/100 short squeeze score again based on algorithms. An AMC short squeeze is inevitable.
Let’s get started!
If you don’t know who S3 Partners are, they’re a company similar to Ortex. These companies gather real-time short interest data and other analytics.
Ortex may not have a short squeeze predictability score but S3 Partners does.
The algorithm has put AMC at a 100/100 short squeeze score. And although this score fluctuates from time to time, it should be no surprise that AMC has hit this predictability score more than once.
AMC’s short interest is at an outstanding 17.65%! This is self-reported and could be significantly higher.
This high short interest was just recently around 20%. Did some shorts cover?
And if so, what will happen to AMC’s stock price next?
Iceberg Research Closes AMC Position
Iceberg Research analyst has closed their AMC positions, down 30%. For those who aren’t familiar with short selling, down 30% means they profited 30% from their initial entry.
I saw apes had this information mixed up. The analyst also took it to Twitter to explain this.
They stated, “we may open shorts later”.
What mad the analyst close their short position in AMC? It makes you wonder how many other small short positions could have closed too.
Iceberg Research closing their short position is extremely bullish for AMC shareholders.
It proves that AMC has set a new bottom. It’s retested the mid to high $30 range about three times now.
This bullish sign of strength could be the reason why this short seller decided to take profits now before another massive upswing.
Which if you ask me, was very smart.
AMC’s has very high short interest which means it has enough fuel to move the stock relatively high.
Iceberg Research mentioned they would possibly open short positions later signifying it’s something they would do when the price is significantly higher for them to profit from on the way down to new levels.
Do Stocks Go Up When Shorts Cover?
Activity from covering may create a chain reaction where other shorts begin to cover their positions.
Whether shorts close their positions with gains or losses, a stocks share price increases due to buying pressure from shares being bought back.
How Long Does It Take For A Closed Short Position To Settle?
According to the SEC, the settlement cycle is about 3 business days.
Iceberg Research announced they closed their position in AMC on Monday October 11th.
Meaning the transaction would not be reflected until mid to end of the week.
How much AMC’s share price moves up will depend on whether these short sellers were mainly small individuals or large financial firms.
Are Short Sellers Profiting From AMC?
Short sellers who entered during AMC’s runup are profitable. But not everyone is up. Large financial firms who shorted AMC earlier this year are still facing apocalyptic losses.
Don’t Short AMC Stock – They Can Soar To ‘Unimaginable Highs’, CNBC
AMC still has a very high short interest meaning there are original short sellers betting the stock will go low enough to finally make a profit.
Thing is AMC gets extremely uncomfortable when it gets pushed down a cent below $30.
The best strategy for short sellers holding losses would be to close now before AMC claims a higher level of resistance, resulting in even greater losses.
And for new short sellers, CNBC warned about unprecedented highs back in June even as it peaked saying, ‘resist the temptation’.
Because even those who are profitable on paper, another major upswing can change that in one day.
The high short interest in AMC is a ticking time-bomb due to the explosive effect a few short sellers can trigger from closing.
Iceberg Research for example took profits without the care of other short sellers, even though it means the price is subject to move up from such a move.
That’s the danger of short selling AMC, this simple update from the analyst could trigger smaller positions to close, ruining the play for other shorts holding their positions.
For retail, this would mean a surge in price action.
Retail Investors Are In It For A Short Squeeze Play
This is another advantage retail investors have over short sellers. Short sellers are paying a fee, must keep up-to-date with their margin requirements, and have no control over other shorts.
You could be short on AMC stock but if a financial firm closes due to a margin call, you could lose a massive chunk of your portfolio.
Retail investors continue to raise the bar regardless of AMC’s current share price.
The community continued to buy the stock at $50, $60, and $70.
That’s because retail’s conviction towards how much AMC is worth is beyond what short sellers can comprehend.
Profitable short activists are better off taking profits and getting in on this short squeeze play against market manipulators.
Both retail investors and short activists want to make money. A short squeeze would yield some of the biggest gains any party has ever seen.
AMC Entertainment stock is respecting that $35-$38 level of resistance very well. Retail investors are wondering when AMC will rebound.
Some of you are HODLing gains, some of you losses.
However, something extraordinary has been happening while AMC stock has been slowly creeping down to its current price range.
The short interest has hit an all-time high. And although new shorts might be profiting on paper from AMC’s $70 decline, hedge funds who have been shorting AMC since January face apocalyptical conditions.
I mean, have you seen Kenny recently?
Welcome to Franknez.com – the blog that provides you with unfiltered information about your favorite stocks. Today we’re talking AMC and why I personally think we’re heading towards a rebound.
Let’s get started!
Last time AMC’s short interest was at 20% it jumped past $70 per share back in June. The current short interest is hovering extremely close to 21% now.
If this doesn’t have you excited it should. If history repeats itself, which usually does, this could be big.
Here’s what we can learn from the past.
Patterns Often Times Repeat Themselves
Before we moved past $50 again last month, patterns suggested that breaking specific levels of resistance would lead us there.
Breaking $32, $38, $40, etc, proved to be right.
Well now AMC has been doing incredible at respecting the mid to high $30s again like it did last month.
Community, don’t be fooled – this shows strength in the stock. Not just the stock; but in the community as well.
See, no one is getting left behind. We’ve come too far to let off the gas pedal.
The fact that we have been seeing a strong resistant level in the $30s again signals that apes continue to hold. It will be a rare instance if AMC’s share price goes below this price range.
And although we might have seen it drop a little below (maybe once or twice) last month, AMC has proven to be extremely uncomfortable below the $30 range.
This leads me to believe that we indeed have a new bottom. And compared to where it was at $5, I’d say it’s a pretty great bottom.
What Does AMC’s Short Interest Data Tell Us?
The short interest is the number or percentage of a stocks float that has yet to be covered by shorts.
This is what I like to refer as the rocket fuel. 10% short interest is considered to be high where 20% is considered to be ‘extremely high‘.
For perspective, Apple stock has less than 1% short interest.
Here’s Why This Matters
AMC topped almost 9% back in January during its first runup to $20. Then, it peaked at 20% in June when the stock price surged past $70+.
AMC’s short interest fell as low (or I should still say as high) as 14.76% in July before beginning to move up again in August and September.
October could be the month we get another massive rebound. AMC actually hit 21% short interest a few days ago and is extremely close to reaching this percentage again.
The increase in short interest percentage tells us that more short sellers have gotten in on the stock since the runup back in June.
And as long as retail investors continue to buy and hold the stock, the community can set new bottoms and run the price up again, squeezing new short sellers from their current positions.
This extremely high short interest can ignite an AMC rebound specifically because the ‘market‘ is there. The short sellers are there and the demand for AMC stock continues to increase.
So what happened is that instead of all short sellers closing their positions back in June, the few that did were replaced by new ones. This short squeeze play is nowhere close to being over and I’m excited!
Here’s What The Trading Volume Tells Us
AMC’s trading volume reached 1.2B the day it rose to $20 per share. It’s previous trading day volume was around 456M.
In June, when AMC’s share price hit $70+ dollars the volume peaked at 766M. AMC opened at $37.52 that same day on Wednesday June 2nd. Incredible right?
The trading volume before the runup ranged between 400M-700M its previous trading days.
Ladies and gentlemen, volume matters. An AMC rebound is just around the corner; however, retail would need to play more offense than defense.
AMC has the perfect setup for another massive upswing. And if you sold, sorry to break it to you but this ain’t done running up.
Theoretically speaking, retail would have to refrain from selling in order to hold new levels of resistance to further runup AMC’s share price.
Upcoming AMC Price Prediction (October-November)
AMC has peaked at $20, and it’s peaked at $70; that’s 3.5X from it’s first run. If this pattern continues, we could very well see AMC peak closer to $250 per share with some serious volume from retail.
If you’re part of the Patreon, you’ve seen me adding AMC throughout the months and know I’m making another purchase very soon. The stock is currently at a bargain for momentum traders and my conviction has only gotten stronger.
This is why buying and holding has been all the DD the community every truly needed. The volume from retail is the sleeping giant. It’s what hedge funds didn’t want you to know.
As always, thank you for reading the article. Be sure to share it with another ape.
How Long Have You Been HODLing AMC For?
Leave a comment below. How long have you been holding AMC stock for? Were you in the battle of $8.01? Or are you a new ape? Share your story with the community below 👊.
AMC Entertainment stock is up more than 1600% year-to-date, but it hasn’t squeezed despite what mainstream media is telling you. Momentum and an upwards recovery is why AMC stock is surging again.
So, what will a short squeeze look like?
Welcome to Franknez.com – today I want to discuss what an AMC short squeeze will look like for those of you who are still new in this trade.
Lets get started!
We finally broke AMC’s level of support in the $30 range and start a new chapter towards breaking $50. The stock just recently tested $48 before getting pushed back down by short sellers shorting the stock.
And although shorts are merely suppressing AMC stock from running its course, they are only slowing down the inevitable.
This minor move up to the $40 range combined with propaganda of a short squeeze is meant to divert new retail investors from getting in on this trade. Hedge funds are desperate as they consequently suffer billions of dollars in losses from the ape community alone.
But don’t let them scare you away from your money. AMC has not squeezed as short sellers have not covered their short positions.
There Are More Than 105 Million Shares On Loan
Ladies and gentlemen, if shorts covered their positions and AMC just went through a short squeeze, the number of shares on loan would have dropped significantly.
But they haven’t changed. Shares on loan are the number of shares that have yet to be returned to the lender by short sellers. If this number is not going down, it means short sellers have not covered their positions yet.
And as we know, you cannot have a short squeeze if short sellers do not cover their positions.
We would have also seen AMC’s short interest ultimately get obliterated to 1%-2%. It’s currently deemed ‘extremely high’ at 20%. Short interest is the percentage of short shares in a stock’s outstanding float.
AMC Entertainment keeps getting shorted no matter what the mainstream financial media platforms relay to the public. If you want real news and data subscribe to the blog. No propaganda here.
A Lid Full of Pressure Is About To Pop Open
Short sellers are about to go down in history for having the biggest losses to ever be recording in finance archives.
Hedge funds continue to gamble a trade they have been losing for 8 months now. That’s 8 months of suppressing a stock’s share price through the unethical practices of naked shorting and dark pool trading.
When the lid pops open here’s what you can expect.
Intraday Gains Will Be Astronomical
The short squeeze ‘claims’ from the mainstream media were that of only 20% gains. As this lid pops open, we can expect gains to run between 100%+ during intraday trading.
This is how you will know the short squeeze has commenced. We would need to keep an eye out on the short interest and shares on loan. This is basically our ‘fuel’.
We will be able to predict how much room for growth is available as these numbers go down. For example, if AMC reaches $1,000 per share but the short interest and shares on loan are still relatively high, then we know that AMC has not peaked yet.
The ape community would need to continue to hold to see numbers beyond that amount.
Differentiating Gamma Squeeze VS Short Squeeze
The 20% gains we experienced could be seen as a gamma squeeze. While this could have been a combination of momentum caused by FOMO, it could have also been micro short sellers closing their positions.
However, these micro positions didn’t even affect the short interest or shares on loan. This goes to show just how massive AMC’s share price will surge once big short sellers begin to close their positions.
It’s when these big players start covering that we’ll begin to experience the beginning of a short squeeze.
How Long Will A Short Squeeze Last?
As we begin to see massive intraday gains, the short interest data should let us know how much more ‘squeeze’ we have left. This means that we won’t know just how many days or weeks this squeeze may last for until we have an understanding of how many shorts have indeed closed their positions.
And although we won’t know exactly 100%, the short interest data can be a great guide to let us know how much juice is available on this trade.
This information will be relayed to the community as this trade continues to unfold. For now, we HODL until it’s payday.
We fortunately have a beautiful thing going. Short sellers on the other hand have had a bad day every day for the past 8 months. Now that SUCKS.
That Other World Is Waiting For You
That vision you keep seeing for you and your family is patiently waiting on you just as much as you’re waiting for it to come to fruition.
We are in a very unique position here. The data is out there and you have all the information you need to make this thing a reality for you.
Trey said in a recent video that only you are in charge of your financial situation. This play is meant for everyone to make money. And he’s absolutely right. We cannot tie the community down.
But one thing is certain on my part and that’s that I am not selling until shorts have covered their positions. That’s my promise to you.
Retail investors have never been this invested in the markets before. A lot of you have been increasing your knowledge database all year.
We used to park our money in long term index funds or pick some of our favorite companies to invest in and that was it. We let the media decide how to move the markets and we made decisions based on that.
However, ever since investing in momentum stocks such as AMC and GME stock, retail investors have never had a chance at a fair market; until now. The AMC and GME community are changing everything.
From deciding the worth of a company, to being a driving force that has the ability to save industries, hedge funds have awoken a sleeping giant.
Welcome to Franknez.com – I’ve been doing a lot of reflecting on the growth and impact of our community recently. Here are 5 reasons why hedge funds fear retail investors right now.
Lets get started!
#1. Knowledge Is Getting Spread
More retail investors have joined the markets and are getting a dose of knowledge every day. If you really think about it, more people have begun investing in the stock and crypto markets than ever before.
People are tired of not doing something to change their current positions in life. Be it monetary for most. Retail investors are in the markets and taking life changing measures to change their financial situations.
And I’m proud of you for that because that’s what it’s going to take to make it out there. Keeping your money in BofA or Wells Fargo isn’t going to multiply your money.
So kudos to you for taking calculated risk and allowing your money to work for you. And if you haven’t shown a friend or family member how to invest in the markets yet, I’m going to leave a link at the end of the article that you can send them so you can save your time from showing them how.
Meme stocks changed the markets in the way that it brought a ton of new retail investors to the game. But what happened next shocked hedge funds. The knowledge of malpractice in the markets spread and now we’ve created a massive movement towards having a fair market.
Knowledge in our community has spread and can continue to spread like wildfire. This is a massive threat now more than ever to hedge funds illegally shorting the companies we’re betting on.
#2. Naked Shorting & Dark Pools Have Gone Mainstream
What was once denied and hidden to the public for so many years has now become public. Naked shorting and dark pools have gone mainstream through platforms such as CNBC and FOX News.
Our community has magnified the cancer in our markets and the spotlight is now directed towards these problems.
We’ve forced the media to cover our story. We’ve forced change to an extent and we must keep making noise.
Naked shorting and dark pool trading must be stopped. I’ve seen many of you tag Gary Gensler and the SEC on Twitter. Keep it up.
Believe me when I say they see our concerns and they see your comments. Let your voice be heard even when it feels like it isn’t being heard. I hear you, the community hears you, and believe me they hear you too.
#3. We’re Putting Real Pressure On Regulations
We know the SEC hears us because they’ve been pushing regulations out although hedge funds continue to find a way around them.
However, we know that the SEC is only making themselves seem like they are doing something, so they don’t look complacent in the eyes of mainstream media.
But we know nothing has really changed. In fact, hedge funds are fighting the SEC on delaying liquidations and margin calls right this very moment.
OCC Requests To Delay Liquidation
Retail investors on Reddit recently came across a proposal sent to the SEC by the OCC (Options Clearing Corporation) to delay liquidation in short and long positions.
Here are the rules the Options Clearing Corporation (OCC) is requesting:
Rule 1104(b) – authority to delay the immediate liquidation of a suspended Clearing Member’s margin deposits and to use such deposits to borrow or otherwise obtain funds from third parties
Rule 1106(e) – authority to determine not to close out a suspended Clearing Member’s unsegregated long positions or short positions in options or BOUNDs, or long or short positions in futures
And Rule 1106(f) – authority to execute hedging transactions to reduce the risk associated with any collateral or positions not immediately liquidated or closed out pursuant to Rules 1104(b) and 1006(e)
We have the power to call out the SEC and Gary Gensler and say we do not approve this as it’s a violates the protection of retail investors from manipulation in the markets.
Only you can do that. We need to ensure that hedge funds get their positions liquidated for AMC and GME to squeeze. Squeezing hedge funds from their positions will do more than make retail investors rich, it will create real change for future investors.
We have the power to create a fair market. All we have to do is be proactive about what we want.
You can read the rest of the incredible DD on r/superstonks here.
#4. Hedge Funds Continue To Eat Millions of Dollars
For every day you hold, hedge funds shorting AMC and GME stock continue to face devastating losses.
I get it, red days aren’t the most exciting. And seeing the manipulation occur in front of our own eyes doesn’t make matters better.
But know this. You holding your stock is causing our adversary so much money that they’ve become so desperate to the point they are asking the SEC for delays on liquidations.
Community, I think we’re getting close.
We are crushing it!
Why Are Hedge Funds Delaying The Inevitable?
They are trying to wear you out. Patience is difficult, I know. By delaying liquidation, they chisel away at retail investors with low convictions.
These institutions have been playing a game of psychology with us all year. They’ve even used AI technology to predict retail’s moves. Their technology can’t give them proper data when all we’re doing is buying and holding the stock though.
This strategy has been our biggest advantage and I’m confident in saying it’s going to pay off.
#5. Retail Investors Are More Intelligent Than They Thought
I think it’s fair to say retail investors have been greatly underestimated. We tarnished reputations from $0.01 expert analyst predictions, denied our table to a two-faced Jim Cramer, and have made the average person a lot of money on paper.
I guess dumb money isn’t so dumb after all.
Our community has been doing the homework every day for almost ten months now and will not stop advocating a fair market.
This historic moment will never be forgotten. You reading this, yes you; have more power than you could ever imagine.
I’ve Never Said This…
There’s something I’ve been wanting to get off my chest for quite some time now. And I think I’m ready to say it now..
I’m proud of you.
I’m proud of you for staying grounded, for shunning negativity, and for sharing valuable content and data with the rest of us.
I’ve used my platform to protect the community, share the knowledge, and to communicate with you. But ultimately, it’s you who’s made a world’s difference, not me.
Your courage is moving mountains! And that’s why I love this community. Your courage has given me strength when I’ve needed it too. So thank you for simply being you.
Dear fellow ape, did you buy AMC stock at a high price? By high price I mean to the point where you’re currently negative on paper.
If so, I want to help you navigate this temporary season. See, majority of us have been there before. If you’ve read some of my other blog posts you’ll know at some point I was negative $9K+!
I remember seeing my position in AMC plummet and thinking, wow.. How soon will things get better? Here’s what you need to know.
Welcome to Franknez.com – today’s message is to our new apes that have joined the movement. I’m excited you’re here today.
Lets get started!
Things did not get better so soon, and I know you can certainly relate. So why did I keep holding? Why didn’t I just say, “screw this, I’m cutting my losses”?
The answer is simple. The short interest data really built a strong conviction towards the stock within me. I remember I didn’t even tell my fiancé how much money I was under at first because I knew it was temporary, and it was only on paper.
I understood that if I held, my losses would shrink and I would eventually come up breaking even. Once I broke even I knew that I would then profit soon after.
Here’s Why It’s Important To Hold
Had I sold and cut my losses, I would have never experienced my current gains in AMC stock. And if you’re curious to know, yes I’m still holding but more on that in a bit.
As I was holding the stock, my losses eventually got smaller and smaller as AMC’s price action moved upwards. This is when the stock had jumped up to $20 per share back in January.
I bought in at $14 and the stock dropped to $5 per share. I didn’t begin profiting until at least 3 months later. The stock consolidated a lot around the $9 range. And once it broke $14, AMC stock really began to climb.
It took three months for my investment to bear fruit before ultimately finding a higher low of what we now know is the $33 range. So I’m still up significantly, 5-figures. But I still hold.
What I did during the time my investment was negative is I took advantage of the share price instead. I loaded up on shares like crazy. So, if you’re looking to increase your number of shares now is the time to do it.
The Data Hasn’t Changed
Why do I continue to hold? I could take my profits, forget this battle and invest in other long term plays. The reason is because the data has not changed.
This is how I know you will come profitable soon, except you probably won’t have to go through two dips like us seasoned apes did. This could perhaps be the last big dip before MOASS.
I mean who knows, maybe we do find a higher low down the road. But even then, you’ll find yourself in a similar position to us who have been holding since early this year. You’ll be profitable, but you’ll understand there’s a lot of potential.
AMC Short Interest %
Now, back to the data. Short interest by definition is considered to be extremely high at 20%. AMC’s short interest is currently at 18%. A high short interest is considered to be around 10%. This data tells you that AMC is a rare case. Apple’s short interest is 1%, just for comparison.
Utilization is in the high 90% and the shares on loan are above 100 million according to Ortex data.
But wait, there’s more. More than 60% of trading has occurred inside dark pools. This means that a lot of the buying pressure is not even reflected in AMC’s current share price! Dark pool usage has been increasing which means short sellers are running out of options. And it’s only a matter of time before they’re suspended from using these ATS’s (alternative trading systems).
How? Whether you believe the SEC will do something or not, change takes time. We didn’t have the attention of mainstream media nor of the SEC earlier this year, but we do now.
The point here is they now know, that we know. The spotlight is on them. Will they expose themselves as slaves of corruption? Or will they demonstrate to the world that they serve the people?
Will AMC Stock Go Back Up?
Absolutely. AMC has found a new bottom in the $33 range. The last bottom was between $5-$9 and it consolidated at that price range for a few months before making a massive break.
AMC recently tested $37 again and touched $38. Once we break these levels and move to $40, the stock will see $45+ again. We know this through the Fibonacci retracement that presents technical analysts with the levels of resistance the stock went through.
This technical setup allows us to trace patterns whether AMC is trending downwards or upwards.
Well now we’ve tested $50+. Ladies and gentlemen, AMC wants to go up despite the shorting. AMC’s only intention is to go up.
AMC Movement Facts
Apes own more than 80% of the float
Retail investors continue to buy the dips
Large institutions keep bulking up on the stock
Shorts have not covered their positions
Hedge funds are under intense scrutiny
Short sellers continue to face difficult losses
We’ve grabbed the attention of mainstream media
Naked shorting and dark pools have been exposed
The community is growing every day
We’ve saved an entire movie industry
Give yourselves a round of applause. These facts are all going in the history books. No one can take away the ruckus the community has made.
Change is inevitable, the apes are inevitable, the biggest transfer of wealth in all human history is inevitable. This was meant to be and you were meant to be a part of it.
If you’re currently holding losses in AMC, welcome to possibly one of the biggest moments of your life. More than 4 million apes stand beside you.
The data says short sellers are overleveraged, whales continue to buy the stock, brokers are raising margin requirements, the SEC is getting involved. It is happening.
Apes, keep holding; we’re being processed.
What’s Up With Margin Calls?
Why do you think historical amounts of cash are currently being pumped into our financial system? My guess is feds are getting ready to bail short sellers. They’re preparing for something massive.
We know that short sellers have been trading billions of synthetics and we also know that they have to cover those positions too. Hedge funds have been liquidating several positions in the markets and I can only assume they will need help from the government too.
These margin calls will be the biggest margin calls in history.
If you’re holding losses at the moment, do not worry. If you’re like me and you trust the data, you know that these losses are only temporary.
Amazing things are on their way to you, I know you can feel it too.