Tag: AMC Entertainment News (Page 1 of 3)

AMC is About to Squeeze According to this Indicator

AMC News Today - AMC Squeeze
Market News: AMC News today.

AMC is about to squeeze; I mean we’ve heard it all year.

Catalysts have proven to provide false hopes time and time again.

However, there’s one piece of the puzzle you cannot deny, and it’s happening right now.

If you’ve been following my latest blog articles and videos on the channel, you know I’m referring to a special indicator I personally use.

The TTM Squeeze indicator – it signals a major shift in momentum whether it’s bearish or bullish.

The signal just transitioned from bearish momentum to the beginning cycle of what could be massive bullish price action for AMC Entertainment.

I’ve been watching the weekly timeframe on AMC to identify its macro trajectory.

And it’s looking very good.

Let’s break it down together.

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

Join the newsletter to become part of an activist group fighting for market transparency!

Receive weekly market news and articles like this to stay up to date.

TTM Squeeze transition officially confirmed

AMC TTM squeeze transition
AMC TTM Squeeze transition confirmed – Franknez.com.

AMC has officially transitioned from bearish momentum to bullish momentum on the TTM Squeeze indicator.

The chart shown above shows three green momentum candles gradually growing, signaling big price action lies ahead.

Last week I went over AMC’s history correlating its price action with the indicator on my YouTube channel.

And we can see just how accurate this data is.

If you missed that video, you may watch it below.

Frank Nez is on YouTube – Subscribe for more content and updates.

In the beginning of the year of 2021, AMC’s price action took off as retail investors began to buy the stock in bulk.

That momentum is captured on the TTM Squeeze indicator.

The indicator’s momentum candles kept growing signaling AMC’s price action was not done running yet.

Eventually the momentum signal began to give ‘sell’ warnings after reaching its all-time high, indicating momentum was beginning to dissipate.

This is where we slowly see the TTM squeeze indicator transition from bullish momentum to bearish momentum (red) candles, and AMC’s price action gradually plummet.

After more than a year of downtrend, selling momentum is no longer what it was, and we can see it on the charts.

In order for AMC to have a clean rebound, these momentum candles will have to gradually get larger and larger.

If retail investors are unable to sustain this growth, then it’s very possible sellers will begin to take over again.

But because we are seeing these candles grow every week, it’s a great indication the stock is on track for big growth over the long haul.

Is AMC a buy?

is AMC a buy

According to AMC’s TTM Squeeze indicator, it’s a screaming buy.

The signal is showing AMC is on trajectory for larger price action on the weekly timeframe.

AMC has had a strong level of support in the high $8 to low $9 levels with many anticipating the stock has already hit its bottom.

But I’m curious to know what you think, leave a comment down below.

If you’d like more updates, be sure to join my newsletter and subscribe to my channel.

You Can Follow Me On: Twitter | Facebook | Instagram


The Cost for Hedge Funds to Short AMC Rises

Hedge Funds short AMC
Market News: The cost to short AMC stock increases

The cost for hedge funds to short AMC is rising.

Short sellers have been prophesizing the fall of the movie theatre industry after the pandemic temporarily crippled the largest movie theatre chain in the world, AMC Entertainment.

Overleveraged institutions, who many have discovered to be involved in major conflicts of interest, have been able to manipulate the company’s shares from rising through a variety of tools only accessible to financial institutions.

The demand for the movie theatre chain stock has been masked in dark pools, or other foreign exchanges; only a fraction of retail’s money has been observed on the lit exchange (NYSE).

Nonetheless, retail investors have become a massive support for the stock and the company.

So much that even as short sellers drag out getting squeezed from their positions, the cost for hedge funds to short AMC has risen.

Let’s go over the numbers.

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

Join the newsletter to become part of an activist group fighting for market transparency!

Receive weekly market news and articles like this to stay up to date.

AMC’s CTB and short borrow interest fee increase

AMC cost to borrow

AMC’s cost to borrow (CTB) has steadily increased over the past weeks.

According to the reported short interest data provided by Ortex, AMC’s CTB is now at 17.78%.

Ortex’s cost to borrow represents the annualized % of interest on loans from brokers to their clients, i.e., hedge funds.

There are currently 196.09m AMC shares out on loan.

196m shares on loan X 17.78% (CTB) = $34.8 million in interest.

It’s costing short sellers $34.8 million per year to short AMC Entertainment.

This is the fee hedge funds are currently paying to bet against retail investors long on AMC stock.

And this is only including the shares out on loan that are recorded or reported for the public.

The total amount could be less or more.

Stonk-O-Tracker has recorded the interest rate of shares to borrow to be as high as 28.30%.

This number of course fluctuates, but interest rates struggled to move past 1% at the beginning of the year.

The rise in fees plays in retail’s favor.

Related: AMC Nears High Demand Levels: What to Watch For

Will high interest fees force hedge funds to close?

will AMC Squeeze?

High short borrow fees may play a significant role in the closing of short positions for AMC Entertainment stock.

The cost for hedge funds to short AMC will only continue to rise as the demand to borrow these shares is there.

At this point, it seems financial institutions will need to decide when they’ve had enough.

Combine big price action with increased borrow fees and you strengthen the probability of short sellers closing their positions.

To receive more updates on AMC, join my newsletter!

When you become involved, it’s hard to miss an opportunity.

Frank Nez is on YouTube – Subscribe for weekly videos.

You Can Follow Me On: Twitter | Facebook | Instagram


AMC Nears High Demand Levels: What to Watch For

AMC Bullish
Market News: AMC TA indicates bullish momentum is near

AMC Entertainment stock is nearing a major demand level as share prices continue to decline.

The stock closed at $8.58 on Thursday after hitting a low of $8.30 on the intraday chart.

Volume on Thursday fell below the average of 46.3 million by 20.9 million.

But AMC is treading a fine line as the high $8 and low $9 levels have proven in the past to be a strong support for the stock.

Breaking below $8 could send the price to test a high demand level around $6.50 per share.

In this article I’m going to explain what shareholders should look out for in the next coming weeks.

Let’s get started!

Momentum levels are on the brink of reversing

If you’ve watched one of the latest videos on my channel regarding the TTM Squeeze indicator, then you know all about the massive impact this indicator is signaling.

Watch this quick clip on YouTube – Subscribe for more content and updates.

The TTM squeeze indicator is an indicator that signals heavy buying or selling momentum.

When AMC began to run up before ultimately hitting its all-time high of $72 per share, we see this indicator was already predicting heavy bullish momentum.

TTM Squeeze indicator - AMC Stock
TTM Squeeze indicator – AMC stock

The TTM Squeeze indicator is the chart at the very bottom whereas the top is AMC’s price action.

Dark green shrinking candles indicate the stock is on the brink of losing momentum and often times serves as a sell indicator.

We see that as the dark green momentum candles shrunk, AMC’s price action is followed by a massive crash.

Now let’s take a look at what happened when the TTM Squeeze indicator switched from bullish momentum to bearish momentum.

As the indicator transitioned from bullish momentum and began to show signs of bearish momentum, we can see AMC had a drastic drop in share price.

The TTM Squeeze indicator predicts big moves ahead.

A new transition is in play

So where is AMC today?

AMC is actually in a period where bearish momentum has begun to die out, leaving room for buyers to takeover.

It makes sense as AMC’s share price is hovering just above key levels of support, which have also been known as high demand levels.

Below you’ll see the TTM Squeeze indicator shows bearish momentum has completely gone out on the weekly timeframe.

The transition from red to green momentum candles will signify big moves lie ahead for AMC Entertainment stock.

But we’ll need one or two of these weekly timeframe momentum candles to serve as confirmations.

If these candles break through, then it’s a clear indication AMC is on track for some massive price action.

Related: How to Invest in the Stock Market for Beginners

What’s on the other side of the coin?

If AMC fails to establish this momentum through buying pressure, short sellers will be able to take over once again.

AMC’s share price would further plunge, and that would be an article for another time.

But for now, the transition towards bullish momentum seems much more likely.

For more updates on AMC and other related news and content, join my newsletter.

You Can Follow Me On: Twitter | Facebook | Instagram


Big Volume in AMC Shows Investors Aren’t Leaving

AMC Entertainment Stock FrankNez
Market News: High volume in AMC Entertainment stock shows retail isn’t leaving

AMC Entertainment stock might have dropped in share price, but the volume shows investors aren’t leaving.

In fact, there’s been a lot of FUD (fear, uncertainty, and doubt) occurring where retail investors are either being advised to sell AMC’s Preferred Equity (APE) by brokers or being advised to sell AMC stock altogether by mainstream media.

While both might be quite alarming, investors seem to be holding down the fort for the movie theatre chain.

And if you’re puzzled by what may lie ahead for AMC then this article will provide you with some clarity.

Let’s get started!

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

Join the newsletter to become part of an activist group fighting for market transparency!

Receive weekly market news and articles like this to stay up to date.

The theatre chain has gained a loyal following

AMC Entertainment’s volume remains healthy despite the uncertainty in both the market and company during these misinformed times.

The movie theatre chain has received little to no accolades for not only surviving the challenge of the pandemic lockdowns, but for an incredible and speedy recovery during the retail movement.

The company has managed to pay off a ton of debt, acquire several new successful locations across the country, and beat earnings every quarter since 2021.

AMC Entertainment also purchased a huge stake in gold and silver mining company Hycroft, instantly raising $295 million in just two weeks.

Yet CEO and Chairman Adam Aron is ridiculed for doing what no one else in history has done, communicating with shareholders to save a century old company from the grips of Wall Street market manipulators.

But the truth is Adam Aron is a sharp businessman and has an incredible skill for raising capital out of thin air.

He recently proposed AMC’s Preferred Equity, or $APE.

APE allows the company to have access to a fraction of shareholder’s capital in AMC stock by dividing the stock’s value into two separate securities.

While AMC Entertainment might not be able to dilute more AMC shares unless approved by shareholders, the company has access to do so with APE, raising a large sum of capital at any given moment.

It’s a genius move on behalf of the company and investors are happy to contribute to any possible catalyst that may potentially squeeze short sellers.

Retail investors continue to buy AMC stock

AMC stock
Retail investors continue to buy AMC stock

On Wednesday the movie theatre chain closed with its average of 49 million in volume.

The previous trading days consisted of trading at the average volume or twice its average volume, reaching more than 100 million.

AMC’s high volume shows that despite falling share prices, there’s high demand for the movie theatre stock.

On social media, ‘apes’ continue to raise awareness of market injustices and lack of proper institutional regulation.

SEC Chairman Gary Gensler said on Twitter, “regulators are looking to bring greater transparency into short selling”, a practice that market makers and hedge funds have overleveraged to suppress stocks such as AMC, GameStop, and many more from reflecting their true demand in the market.

Gary Gensler said in February during a Bloomberg exclusive that 90%-95% of retail’s orders are not processed through the lit exchange such as the NYSE.

But retail investors are making a ruckus, exposing conflicts of interest in the finance sector and demanding change.

For decades now the voice of reason has fallen on deaf ears, even Forbes is calling out for Gensler’s resignation.

Investors relay that only another lobbied Chairman will replace him – signifying it makes no difference.

Today, shareholders are looking to create a squeeze in both AMC and APE.

And with enough momentum, it’s impossible to not recreate what occurred in June of 2021.

Is AMC stock worth buying?

If you’re an AMC shareholder, leave a comment below explaining to new investors your thoughts.

Is AMC or APE stock worth buying?

You Can Follow Me On: Twitter | Facebook | LinkedIn

Related: How to Invest in Stocks for Beginners

Support your favorite blog for only $4/mo.

Your support helps maintain all the costs it takes to run a blog at this scale.

The mission of this platform is to spread the truth majority of corporate media isn’t willing to, by giving the people in our community a voice.

Your dedicated support keeps this platform going and growing.

Thank you for being a reader.

– Frank Nez


Is AMC’s Comeback Just the Beginning?

AMC makes a strong comeback
Market News: AMC makes a strong comeback

AMC Entertainment closed at $24.81 on Tuesday after trading volume surpassed its average volume of 46 million by 25.5 million.

The movie theatre chain peaked around $26 per share before retesting the $24 and $25 levels intraday.

Shareholders are anticipating even larger price action after AMC’s dividend is distributed.

Is this just the beginning for AMC Entertainment?

Is a much more aggressive share price on the way?

Let’s discuss it.

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

Join the newsletter to become part of an activist group fighting for market transparency!

Receive weekly market news and articles like this to stay up to date.

Apes get amped for APE

APE stock is on its way.

Every AMC shareholder is going to receive an equivalent amount of ‘AMC Preferred Equity’, aka APE, for every AMC share they hold.

The initiative is part of the company’s strategy which will allow them to raise capital and pay off some debt.

The value of AMC’s share price will be split in half with APE, but shareholders are determined strong buying pressure will send both stocks to the moon.

Investors will have until Friday the 19th to lock the deal and should see the new security in their broker accounts by Monday the 22nd.

The AMC community is certain many people won’t receive the dividend due to the vast amount of naked shorting that has occurred in AMC stock.

Many have contacted their brokers to ensure they will indeed be receiving the dividend on the promised date.

Failure to deliver the dividend would mean big trouble for financial institutions and more than likely a share recall, annihilating short sellers and likely triggering a short squeeze.

While the theory is not far-fetched and actually quite logical, brokers should be able to meet the demand.

Only a few days left until time may tell.

Momentum is building

Last year AMC Entertainment stock hit an all-time high of $72 per share and shareholders are confident the share price will surpass this amount this year.

Today we’re seeing AMC climb back out of the hole it was dragged to when the markets began to drastically pull back.

AMC is showing strong bullish sentiment again which explains why its volume has been exceeding its daily average.

The movie theatre stock will have to break its yearly downtrend above the $27-$28 levels if it’s to go berserk again.

Fortunately, it’s very possible.

But momentum is key.

It was momentum that pushed AMC stock from $2 per share to $20 per share in January of 2021 and it was momentum that also pushed the stock from $14 per share to $72 per share in June of last year.

The stock is currently respecting the mid-$20 levels which shows heavy interest in the movie theatre chain.

Will retail investors be successful in taking AMC to the next level?

I certainly think so.

But it won’t be easy as institutions continue to borrow millions of shares to short the stock.

The suppression is still there which means the momentum will have to be much greater.

Is this the beginning of the end for AMC?

Retail investors rushed to buy AMC stock in January of 2021 to squeeze short sellers and make a lot of money, similar to what occurred with GameStop at the time.

AMC had a high short interest and still does to this date, making it possible to still squeeze short sellers in 2022.

So, say retail investors manage to squeeze shorts and profit from a new all-time high.

Will this be the end for AMC?

I don’t think so.

Not in the way some might think.

See, AMC Entertainment is still a growing company whose improved their fundamentals for almost two years straight.

The century old movie theatre chain has introduced NFT collectibles, shareholder incentives, and movie theatre exclusives and innovations.

Whether AMC goes through another massive price runup, a short squeeze, or MOASS, it’s always going to be that legendary ‘meme stock’ company that kicked Wall Street’s ass.

AMC won’t ever be over, because the community won’t be over.

I’d love to hear your thoughts – leave a comment at the bottom section of the blog.

You Can Follow Me On: Twitter | Facebook | LinkedIn


Support your favorite blog for only $4/mo.

Franknez.com

Your support helps maintain all the costs it takes to run a blog at this scale.

The mission of this platform is to spread the truth majority of corporate media isn’t willing to, by giving the people in our community a voice.

Your dedicated support keeps this platform going and growing.

Thank you for being a reader.

– Frank Nez


« Older posts

© 2022 Franknez.com

Theme by Anders NorenUp ↑

%d bloggers like this: