This provides concrete evidence AMC’s share price is heavily suppressed.
And heavy overleveraged short selling doesn’t make it any better.
If the SEC has proved one thing, it’s that the stock market is tailored to better fit the needs of financial institutions rather than individual retail investors and the companies that are the backbone of our economy.
Saying AMC’s real share price is being hidden is a strong way of saying institutions are stealing money from retail investors.
But where’s the lie?
When market makers make money trading retail’s orders through foreign exchanges while regulators allow this to happen.
Is AMC’s real share price being hidden?
It’s safe to say retail investors understand AMC’s real share price is definitely being suppressed.
AMC share price glitches
Evidence has surfaced on Reddit and Twitter showing AMC at a higher share price than is being traded on the NYSE.
These glitches have surfaced for over a year now where AMC has been seen trading between $100-$400 per share momentarily.
These discrepancies in the market have left retail investors wondering if AMC’s real share price has been accidently leaked from time to time.
To keep an open mind is to ask questions and to get down to the truth, whether these glitches truly are just glitches, or not.
Similarly, glitches have also surfaced for GameStop (GME) stock.
The ‘meme stock’ duo have been victims of heavy shorting for years now but market injustices have been brought to light by the ‘ape’ community in the past year.
Mainstream media won’t touch topic on these issues which is why I’ve made it my mission to stand up for the community.
I’m interested in learning your perspective.
Leave your thoughts in the comment section down below.
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How high did AMC stock go last year?
AMC reached an all-time high (ATH) of $72 per share in late May of 2021.
Retail investors were able to drive the stock price up more than 3000% from mere trading volume and momentum.
The volume during the runup went as high as 700m-900m per day as FOMO (fear of missing out) kicked in from investors who neglected the data earlier that year.
While mainstream media was telling the public to avoid buying the stock, Franknez.com was the only news blog advising people of the opportunity that lied ahead.
Hedge funds betting against AMC lost billions in the process and continue to short the stock to this day in hopes to recuperate some losses.
What allowed us to see this massive surge months before it happened?
When AMC reached an ATH of $20 per share in January, the retail community noticed that AMC’s short interest was still high, meaning not every short seller had been squeezed from their position.
After several months of buying and hold the stock, AMC shareholders managed to squeeze only 4% of shorts from the total 20% short interest being reported at that time.
AMC’s short interest dropped to 16% when it skyrocketed to $72 per share and is currently sitting at 20% today.
How much money would you need to have invested in AMC to make $1 million?
If you got in around $2 per share before AMC climbed to $72, you would have needed to invest roughly $14,285.71 in AMC stock to have made only $1 million.
Investing $50,000 at the same entry price would have made you $3.5 million if you cashed in at the all-time high of $72 per share.
But did you know that many ‘ape’ investors didn’t take profits and continue to hold the stock?
Well, why’s that?
The answer is simple, the short interest percentage continues to be extremely high and hedge funds have borrowed twice as much more shares to short the stock since AMC’s runup to $72 per share.
This means AMC’s third runup potential is even more massive than the first and second of last year.
Why is mainstream media trying to scare you from your money?
Because the owners of these corporations are betting against these stocks and don’t want to suffer more significant losses.
In the video below, I go over the short interest data that shows us why AMC’s next price runup is going to be larger than the one in January and May/June of 2021.
AMC price prediction 2022
I project AMC’s next major price runup will range between $140-$250 based on a 4%-6% short interest drop.
And this is only with very small short covering.
AMC’s share price could squeeze much higher depending on how many shorts actually close their positions.
I update AMC’s short interest data straight from Ortex daily here.
How soon will this happen?
In the video above I go over the patterns shareholders will need to keep an eye out on.
We are currently in a bear market so short sellers have an advantage in today’s market.
However, as soon as the market begins to transition towards a more bullish market, momentum and high buying pressure will begin to move AMC’s share price up again.
Here we’ll see more incentive for shorts to close their positions as the market sentiment in general begins to move upwards again.
We were in a bull market when AMC’s price surge occurred last year.
The SPY had even reached an all-time high.
Today the SPY (S&P 500) is down -8.36% on the year-to-date chart.
Is AMC stock a buy in 2022?
AMC’s float is now owned by 90% of retail investors; up 10% from the end of last year.
Retail investors buying the stock are discovering the short interest data that points towards a much larger price runup in AMC stock.
The question is, will you miss this third runup?
Although shareholders continue to hold the stock, investors anticipate due to the incredible amount of shares loaned that need to be purchased back, AMC stock can go as high as $1,000 per share or more.
While this figure might throw you off balance for a second, if regulators hold hedge funds accountable for the large sums of naked shares in the market, then this figure is certainly possible.
Whether regulators enforce this action or not is another thing.
But one thing looks certain.
Based on AMC’s short interest data, this ‘meme’ stock is not done moving.
And any corporate media platform telling you otherwise may only be feeding into the narrative short sellers want you to hear.
So, can AMC stock make you a multi-millionaire?
This is going to depend on two key factors: the number of shares you own, and how high the stock price may potentially run up to.
Wall Street Journal just published a piece on the AMC community where the conflict of interest is only so obvious.
They refer to the community as a mob and disrespect AMC’s CEO Adam Aron by saying apes made the CEO “play by their rules.”
WSJ tries to discredit the CEO and portrays the community as an entirely different culture than what it is.
Come to find out, Ken Griffin actually owns Wall Street Journal, well sorta.
Let’s dive right into it.
Welcome to Franknez.com – the blog that fights FUD media. When the community is getting attacked you know we’re doing something right.
Let’s get started!
Now, we can’t be too harsh on the two writers who published this article.
Afterall, they’re just doing their job, right?
Who owns the Wall Street Journal?
The Wall Street Journal is owned by News Corp., a company where Ken Griffin’s Citadel has a stake in.
News Corp is Wall Street Journal’s parent company.
Not only do they have ownership of the Wall Street Journal, but they also own other DOW Jones assets such as the Dow Jones Newswire.
Other media brands by the DOW Jones include Barrons and MarketWatch, media companies who have been attacking AMC Entertainment all year.
All these finance media platforms are tied and owned by News Corp.
So, where does Ken Griffin come in?
Ken Griffin Owns Almost 1.4 Million Shares of News Corp.
CEO of Citadel Securities, Ken Griffin owns News Corp, the company that has ownership over Wall Street Journal, Barrons, MarketWatch, DOW Jones, and other media outlets spewing ill words of AMC Entertainment and its community.