AMC Entertainment stock has caused havoc for short sellers shorting the stock. Hedge funds have proven to lose billions of dollars from the ongoing ‘meme’ stock frenzy.
Momentum stocks, as I like to call them, are more than just plays for money. Retail investors have conjured up a real movement for change.
And although mainstream financial news platforms say it’s over, it’s far from it. Hedge funds betting against AMC just borrowed more than 4 million shares to short the stock.
They just dug themselves a deeper hole.
Welcome to Franknez.com – the best blog for new and seasoned retail investors. Today we’re discussing AMC Entertainment stock.
Lets get started!
Is AMC Stock Shorted?
Short sellers just borrowed more than 4 million shares to short the stock. Although AMC has had major buying pressure all year, shorts continue to attack retail and the company.
The community wants to see chairman of the SEC, Gary Gensler, take action towards banning activities such as naked shorting, dark pool trading, and PFOF.
The SEC was created in 1929 after the infamous Stock Market Crash of 1929 to protect retail investors against the manipulation from hedge funds and short sellers. However, it was established in 1934 with the passage of the Securities Exchange Act, a law formerly governing the trade of securities.
Overleveraged positions in the markets have been the cause for economic meltdowns resulting in significant losses for the American people. Our government has always had the power to fix the biggest problems retail investors currently face.
Why no real regulation has truly protected retail investors is the big question. Talks of ongoing investigations have risen but actions will have to speak louder than words.
AMC’s stock price continues to be suppressed through overleveraged means only hedge funds and short sellers have access to. The ape community has sparked a movement towards fighting for a fair market and aren’t going anywhere until real change has occurred.
How Can We Appoint New Leaders In The SEC?
Members of the SEC are appointed by the President of The United States himself.
The SEC is headed by a five-member board of commissioners. Members are appointed by the president with the advice and consent of the United States Senate.
The president does not have the authority to remove members once they are confirmed. No more than three commissioners may belong to the same political party. The president appoints one board member to serve as chair.
Change will only happen if we the people voice our concerns publicly. We have the right and the power to overthrow any form of incompetent government.
We must let these powers know that we see them and understand that they have the power to make things right. There are more than 4 million of us in this community. Our voice is our strength.
Will AMC Continue To Run Up?
I’ve been in this community since early February and the sentiment has not changed. 80% of AMC’s float is now owned by retail investors and the movement keeps growing. The stock market is based on supply and demand, and so retail investors are in command.
Although AMC’s share price is being suppressed by heavy shorting in the market, AMC Entertainment stock will continue to run up as long as retail investors continue to buy the stock.
Which isn’t going to be a problem by the way. AMC is more than just a stock, it’s a movement.
Hedge Funds Will Continue To Face Mounting Losses
There are no signs of retail letting off the gas pedal. Investors in the ape community continue to buy the dips and hold their stock no matter the pressure.
AMC Entertainment has changed the lives of movie goers through the theatrical experience we’ve all missed since the lockdowns. The company has unintentionally sparked a movement greater than ourselves, resulting in the resurrection of the movie theater industry during the process.
And it’s changed the lives of millions of retail investors, netting significant profits to majority of its shareholders.
Whether you’re holding for a short squeeze or to be part of a community with a movement, you cannot deny AMC has attracted change. So, lets continue to be that change the world and our community needs.
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.
AMC Entertainment stock is up more than 2000% year-to-date and no short seller can take that away. Not Gasparino, not Richfield.
AMC stock is adjusting itself for higher highs and higher lows again. Should you be excited? I sure am.
Welcome to Franknez.com – the blog where you can digest content on personal finance, entrepreneurship, and trending financial topics.
Lets get started!
AMC has become our world. It has become such an important part of all our lives. We’ve stuck together through every high and low, no matter what challenges we have faced as a community.
There’s a thick skin in the game now, be proud of it. And if you are a new ape, you now know we really meant it when we said we are not leaving.
Despite the number of opposing forces, AMC is trending in the right direction.
Breaking $48 Level of Resistance
Why is this so important? What happens then?
There’s a lot of facts, data, and logic as to why I’m so optimistic about AMC. And I think a lot of you will agree on what I have to present today.
But before I do, I want to give a massive thanks to the 100+ FrankNez supporters on Patreon. Running a blog at this scale is quite costly and your support means more than you will ever know. I will leave that link at the bottom of the article.
Now, AMC tested $48 four times now and it moved past the $50 mark. We’re now seeing AMC retest this area a fifth time.
The last time we broke $50 per share the stock trailblazed up to $72 per share. We are currently in unknown territory which means retail investors set the play.
AMC Is A High Demand Stock
AMC is a high demand stock no matter which way you look at it. The stock is in high demand from both retail investors and short sellers. Retail buys the stock and shorts equally demand to borrow it.
This momentum play is what’s keeping AMC trending in the right direction. The stock is so popular now that almost anyone who finds out what we’re fighting for will simply join just to fight.
This is great news for you and I because it means the share price will continue to surge and set higher resistance levels as the community keeps expanding.
And as long as shorts don’t cover, apes will continue to raise the bar, setting higher highs and higher lows.
This Trend Is About To Get Bigger
When AMC reached $72 per share all it did was make a statement. It introduced the ape community to the world and gave everyone who heard of us a fighting chance.
It was generous enough to let more people on board when it hit $30 per share. But I don’t think the next time it reaches a low it will be within this range. If it trades like Tesla did, AMC’s next floor could potentially be in the $70-$100 per share (next time around) as it continues to surge.
Will people keep buying? Without a doubt. Think about the institutions who are buying stock worth more than this amount right now. Whales will always buy if they see a rising trend here.
AMC has this rising trend right now. It was up more than 3000% back in June and fell back to 1500%. Well, it’s up more than 2000% now after reaching a higher floor.
Ladies and gentlemen, keep holding this stock. Even if you got in at $70 per share, there’s absolutely no way you cannot make money during this historic event! With that being said, there’s no doubt in my mind every ape in the community will be profitable this month of September.
But don’t be a Wanda and sell to break even. Selling at $70 will only bring the price back down. The stock needs to be comfortable testing higher levels of support.
And as Roensch Capital has said, the higher we can set AMC up fundamentally before the short squeeze, the better.
My advice to you as a friend (not financial advice), is that as you begin to be profitable (on paper), keep letting it ride up. You will thank me later.
AMC Stock Prediction (September)
After seeing AMC trade for 9 months now, I feel confident saying it’s going to be a really happy month for apes. I saw us start small with no voice to now owning more than 80% of the float, saving the movie theater industry, and sparking a movement against corruption.
We are now a community to be reckoned with.
Last month I mentioned August was going to be the last chance apes had to buy AMC stock at $30 per share because I noticed the stock had created a new floor. And I was right!
I was able to stock up at this level share price before it breaking resistance and moving past $40 levels.
If you plan on adding to your position, buy the stock now. AMC stock is about to move past $50 per share this month and if you missed adding at $30 per share, you’ll wish you had added at $40 too.
I’m By Your Side No Matter What
We’ve been in touch on Facebook, Discord, Twitter, Instagram, via email, you name it! You know who you are. Maybe I’ve said it to only a few and maybe not enough but I’m by your side no matter what.
I wish I could mention all you great apes sharing the content. You are the ones changing other people’s lives. If it weren’t for you, some apes wouldn’t even have this amazing once in a lifetime opportunity that we all have!
They crazy thing is only a few out of the 34 major banks hold more than $1 trillion in assets. How will this affect investors, and the common people?
Welcome to Franknez.com – today’s topic is rather grand. How prepared are you for a MOASS?
Lets get started!
There’s a lot going on here. I’m going to break major key points and give my overall thoughts and opinions on how everything ties together.
With so much money being lent out this means it’s all eventually going to have to be paid back sooner or later. Lets dive into the distribution of all this leverage and debt first with repos and how they work.
The Feds & Repos
The feds have been printing out a large sum of money to lend to banks, who also lend to financial institutions such as hedge funds. Well the feds have also been collecting billions in reverse repos from money going back into the repo market.
A repo market is essentially where a transaction between treasure securities and cash meet. In other words, they are short-term collateralized loans.
Money is continuously being printed and transacted back and forth through both repos and reverse repos. This loop is the reason why our dollar is becoming worthless every day.
Who Uses Repos?
Financial institutions such as banks and hedge funds both have access to this unlimited supply of leverage, or cash from the feds.
Repos are used as leverage to trade securities with the intention of profiting from the leveraged cash, and eventually paying the loan back.
While repos are primarily supposed to be used as a short term ‘collateral loan’, institutions take advantage of the loan to further leverage other positions in the market.
In the figure below, we can see that 29% of asset managers (hedge funds) have direct access to repos from the feds. However, dealer who hold 41% and banks who hold another 20% can easily lend money to hedge funds with interest.
In fact, it’s because of the Stock Market Crash of 1929 that the SEC (Securities Exchange Commission) was born. It was meant to protect retail investors from fraud and illicit activity from hedge funds.
Unfortunately, the SEC has only proved to be a lobbied pawn from hedge funds; slapping them with fines that have no effect or real consequence to the injustice in the markets.
Hedge Funds Face Major Scrutiny
Market manipulation has been exposed by a growing community of retail investors originating from the sub Reddit known as r/wallstreetbets.
The community has since grown outside Reddit and established a variety of subcommunities on Discord, Twitter, YouTube, Facebook Groups, and other forums across the internet.
This community of retail investors known as ‘apes’ have sparked a movement worldwide to expose the corrupt tactics hedge funds use to short stock in the market and bankrupt companies.
In this list of the top 15 banks by assets, you can see just how far from $1 trillion a lot of these banks are. And this is just half of them from the feds list!
With so many banks far off from reaching $1 trillion in assets, they’ll have to find the collateral from other means.
In my personal opinion, liquidation in the markets.
What Causes A Stock Market Crash?
A stock market crash is caused by those who bought stock on margin, lost value in their investments, and owe money to the entities that granted them those loans, according to Britannica.
A stock market crash is usually the cause of ‘panic selling’ or heavy liquidation in the stock market. With so many institutions owing other institutions money back, we’re going to see massive liquidation occur during the biggest margin call in history.
Hedge funds and short sellers now have higher margin requirements, and it looks like the feds just applied their own requirements to the biggest banks in the world.
Ladies and gentlemen, this is going to be the biggest opportunity of your life if you’re holding shorted stock, especially if they have a negative beta. Heavily shorted stocks with negative beta include both AMC and GME stock.
How Does A Stock Market Crash Affect The Average Person?
Unfortunately, the average person could lose their pension during a stock market crash and also find it difficult to obtain loans and mortgages. And if you own stock, your portfolio will suffer significant losses.
What Happens To AMC And GME If The Stock Market Crashes?
Stocks with negative beta tend to act the complete opposite during a stock market crash. AMC and GME holders will experience the MOASS as short sellers and institutions begin to cover their overleveraged positions.
But if you hold other common stock, keep in mind its value will drop. If you’re long, this could be seen as a great buying opportunity to add to your stock portfolio.
Other heavily shorted stocks with high short interest should also see a major increase in share price as hedge funds begin to pay their dues.
If the stock market crashes, it will be one of the biggest blessings for both AMC and GME shareholders as institutions will have to pay back every share they borrowed to short both these stocks.
Community, our time is coming. Banks have until October 1st to come up with the capital to fund their requirements. Expect liquidations left and right. Both the stock and crypto markets will be tanking.
And although AMC and GME are currently making upward moves, don’t be surprised if they fall back down one last time before shorts are inevitably squeezed from their short positions.
The MOASS we’ve all been waiting for is on the horizon. Get excited.
Before you leave, I want to say that I appreciate every single one of you who’s read FrankNez since the inception of this amazing community. It’s been a long and powerful journey to say the least.
I’m excited to see what the next chapters hold with you. Keep paying the knowledge forward 🤝.
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.
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!
Written by: Erin Scott
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.
Apes were chatting about their gains on paper on my Discord this evening. Brandi mentioned she was finally seeing her account transition from red to green. It’s these type of discussions that really get me fired up.
Knowing my community is profitable motivates me to keep doing what I love doing. And that’s writing great content for you.
Welcome to Franknez.com – if your AMC account is still red, I’m here to tell you profits are on their way to you right now.
Lets get started!
Now, anybody who got in on AMC stock prior to today’s share price level is profitable. You might have gotten in at $30, $15, or even at $5 when I first started blogging about this massive opportunity.
If you remember me blogging about AMC since early February leave me a comment below! I’m curious to know how many OG apes are still reading FrankNez.
However, newer apes are either on the brink of being profitable or have yet to break even. If that’s you, don’t worry. I was there myself.
History Is About To Repeat Itself
You might have heard somewhere that September is starting to feel a little like May. And that’s because we’re starting to see a trend here. Before AMC moved up in June, it had a long period of consolidation. Once it broke that consolidation, it began trending upwards before making the incredible climb past $70 per share.
Well apes, we just broke the $30 level of consolidation late August and are on track to break $50 per share once we retest $48 again. The reason why $48 is so important is because AMC has tested this level three times already.
This bullish indicator has shown us that once it tests a level its fourth time, it tends to break in a momentum run.
This is where whales, known as institutions, begin to buy again. New retail investors are going to jump in on the stock and shorts are going to lose a ton of money.
Short sellers were able to withstand the first round, but will they be able to handle phase two?
We’ve Come Back With A Bigger Ape Army
Did you notice the massive drops in the crypto markets? Seems like someone is liquidating profits for something big that’s about to take place.
This means short sellers are under some serious heat. But guess what community? We’ve come back with a bigger ape army than the first time. The knowledge spread, and so did the conviction towards this short squeeze play.
Apes aren’t going anywhere until shorts have covered their positions. And you know what? We’ll still be here even then.
I know some of you cannot wait until you’re able to retire from this short squeeze play. But I’m not retiring. I will continue to be here for you even after we’ve mooned.
How Soon Will All AMC Apes Be Profitable?
A good number of you have actually just transitioned to being profitable. If that’s you please leave a comment below letting other apes know!
Although I do not know at what level you will be profitable, I do know that AMC is about to break $50 per share relatively soon due to chart patterns.
Breaking this level is going to kickstart another runup past $70 and beyond, fundamentally. And you know what this means right?
As long as apes continue to hodl, this price movement could ignite the rocket we’ve all been patiently strapped to. There’s absolutely no way smaller short sellers will be able to afford holding their positions a second wave.
Their accounts could even potentially get liquidated as the stock becomes harder to borrow. For hedge funds, this could mean the short borrow fee rate goes up, resulting in greater losses.
In summary, shorts drown in debt and losses while the ape community profits ‘x’ times over . September is proving to be a great month indeed.
Should You Buy AMC Stock Now?
If you’re looking to add to your position, now could be a great time to do so before we break $50 and really begin to move forward.
We may consolidate in the high $40s a little longer before retesting $48 for the fourth time, we may not. Just as I was certain about breaking $30 last month, I’m certain we will be seeing $50+ very soon though.
I will continue to update the community as we progress so be sure to subscribe to the newsletter or follow me on social media. I will be leaving those links below.
Are you profitable right now?
And lastly, the community would love to know. Are you profitable? What do your gains look like on paper? Leave a comment below. At the time of this publication I’m up more than $36k and hodling STRONG.
Approximately 513 million AMC shares, known as BDRs are being traded through Brazil’s stock exchange program.
BDRs are certificates issued by a depositary institution in Brazil that represent securities (stocks) issued by publicly-held corporations with headquarters overseas.
DISCLAIMER: “The depositary institutions must be authorized by the Central Bank of Brazil (Banco Central do Brasil – Bacen) and CVM to issue BDRs. The responsibility of disclosing the financial information of the issuing foreign company lies with the depositary institution.”
You’ll find that the depositary institution that disclosed this information was CitiBank.
Welcome to Franknez.com – a fellow ape by the name of Jimmy_AMC uncovered some rather disturbing news straight from CitiBank confirming the existence of millions of AMC shares overseas.
What is A2MC34 BDR?
A2MC34 is the ticker symbol for AMC stock in Brazil. A2MC34 is a depositary receipt. One of those receipts represents 1/6th of an actual share in the NYSE.
The depositary receipts are represented by a bank account or institution, in this case CitiBank, in which they have converted AMC shares into these so called BDRs (foreign stock).
It is up to the issuer (CitiBank’s client), whether they choose to convert the BDR into actual NYSE shares or not. “There are plenty of issuers that operate with closed books”, according to Fidelity International Trading.
This particular BDR is not a sponsored ADR. An ADR is an American Depositary Receipt that is negotiable, meaning AMC Entertainment has absolutely no legal say or obligations to these depositary receipts.
How Does A2MC34 BDRs Affect Share Price In The U.S?
It doesn’t. According to the Fidelity International Team, these BDRs are a separate instrument and are not going to track the pricing of a share trading in the U.S market.
AMC’s shares outstanding in Brazil are approximately 3.08 billion, via Bloomberg. Remember, this is a completely separate entity then the outstanding shares here in the U.S markets (500 million).
AMC’s market cap is 101 billion real (Brazil) which has nothing to do with the market cap in the NYSE according to the Fidelity International Trading Team.
You divide 3.08 billion shares by 6 to calculate the equivalence of 1 whole U.S market share and you get more than 513 million U.S shares that have been converted into BDRs.
You can listen to the entire conversation between Jimmy and Matthew Connor from Fidelity International Trading below.
So what does this mean for AMC and retail investors? It means that about twice the float in outstanding shares was converted into BDRs offshore. This means these shares no longer have to be covered by any institution who created them in the first place.
We need answers from the SEC and its chairman, Gary Gensler effectively.
CitiBank Is One Of The Largest Custodians In The World
As you can tell, we’re going down the rabbit hole on this one. Now, because CitiBank provides private banking services to institutions globally, they are not obligated to let Jimmy_AMC know who exactly processed these BDRs.
You can listen to the phone conversation between Jimmy and Michael Moore, a director at Citi on his YouTube channel here.
The DTCC Approved These BDRs
I did a little bit of research as to how this process even begins. Well come to find out, the issuance needs to go through a private custodial bank, such as Citi, then processed through the DTCC, and finally going through the custodians program to convert the underlying asset.
The DTCC approved converting more than 513 million [NYSE] AMC shares into 3.08 billion BDRs (foreign stock), essentially brushing these synthetic/extra shares under the rug from the U.S markets.
I want you to take this in for just one second…
Ladies and gentlemen, this is financial treason. This information must reach the masses.
I urge for community leaders and influencers to speak out on this incredible matter. We have to protect our people.
The Community Is The Only Solution
Apes.. No body of government will stop this. But there are more than 4 million of us in this community. Make a RUCKUS.
It is clear now, the mission of the apes. We fight for our financial freedom and for the freedom of others.
The question is, are you willing to fight this adversary? Will you defend the data and the community? And will you be part of this unfolding historical event?
We’ve recently seen a lot of misleading headlines in attempts to alter the course of the inevitable. Today we’re going to talk about AMC and how hedge fund partners are playing dirty to steer the public from the free trade. So, how exactly do hedge funds manipulate the stock market?
Welcome to Franknez.com – The blog where you can can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.
Lets get started.
The power of the media: MarketWatch removes AMC as the most shorted stock
The investing community knows AMC has been the most shorted stock in the market for quite some time now. However, on Wednesday February 24, it simply disappeared from MarketWatch’s website.
AMC was not assorted to a place on the list, the ticker was simply removed from the eyes of the curious retail investor.
And no, the ticker symbol all the way at the bottom is not AMC theaters.
Why MarketWatch removing AMC from the list is manipulation
It’s a no brainer hedge fund partners need to stick together. When AMC squeezes, hedge funds are going to lose a lot of money.
Retail investors know this. It’s the newcomers who are looking to invest in AMC that are going to be misguided. See, the more people invest in AMC means the more the share price is driven to the moon. Something hedge funds betting against AMC cannot afford.
According to The Fool – You should invest in this or that “instead”
The Motley Fool is a source that provides its subscribers with hand picked stocks with potential gains.
With tremendous respect, stick to what you do.
The integrity of this company is to help investors pick winning stocks, not to divert them from a stock due to it’s potential upside that can cause hedge fund partners to lose billions of dollars.
For quite some time now we’ve been seeing The Fool attempt to divert the public from getting in on AMC stock by pumping negative headlines.
This ladies and gentlemen is how the media can manipulate the performance of a stock. This influence can sway a new retail investor from adding to the surging volume of shares being purchased in the market.
To the new retail investor – make your financial decisions based on your own due diligence. Not on what media sources get paid to write about.
Yahoo Finance & InvestorPlace
Platforms such as Yahoo Finance & InvestorPlace have also had their fair share of negative headlines to try and divert the public from skyrocketing AMC to the moon.
With InvestorPlace even throwing a jab at GME investors saying, “If You’ve Made Money On GameStop, You’re Not An Investing Genius”.
Perhaps not, but we’re pretty certain these investors are wealthier than the person who came up with that punchline.
These media sources have been discouraging new retail investors from investing in AMC since the beginning of the year although the stock is up year-to-date!
AMC’s average volume is now 57.5 million
AMC’s average volume is now a whopping 57.5 million. Retail investors have been holding and buying through red and green days.
The heavy volume is a sign retail investors continue to be bullish on AMC stock.
What is a short ladder attack?
A short-ladder attack is a strategy performed by short-sellers where they bid on the stock at a significantly lower sell price and purchase it from one another. Thus, driving the share price lower.
Retail investors have seen this tactic from hedge funds for quite some time now.
Manipulation in the stock market
I’m sure you’ve all heard of the Robinhood scandal. This is another form of manipulation in the stock market caused by the halt of buying power. Robinhood prevented its users from buying stocks such as AMC and GME (GameStop) during GME’s bull run.
Although restrictions aren’t as tight anymore, we’re beginning to see trusted and beloved companies get exposed as hedge funds worst nightmares become a reality.
The stock market is no longer their playground. We’re now seeing more people learn about how the stock market moves. This is revealing a lot of unethical behavior on the hedge funds side that should be deemed as illicit activity.
A Redditor just posted an insane amount of DD on Reddit. This long form post discuses the transition from paper filled orders in the stock market to the use of computers going tracing back to the mid 80s.
The post reveals the beginning of issuing naked shares. We’re also learning that a lot of transaction are being held by the actual institutions that are shorting these stocks.
Robinhood routes more than half of it’s customers to Citadel. This information has now been disclosed via the Washington Post.
Barclays is fined for inaccurate books and records
Reports by Finra have been made public detailing multiple fines on Barclays for inaccurate books and records.
Barclays is one of Citadels clearing houses. Although the fines won’t make a dent in their pocket, the unethical behavior of these clearing houses continue to be exposed.
This isn’t the first time Barclays has run into issues with fraud. There just simply hasn’t been a community to be loud about these investigations. Retail investors are now sharing this information and bringing light to all malpractice.
Positive news for retail investors
With all this being said, retail investors should be aware that one the biggest hedge funds shorting AMC and GameStop have suffered a 49% loss their first quarter.
This ladies and gentlemen is justice. As long as both retail investors and shorts continue to hold, hedge funds such as Melvin Capital will continue seeing massive loses.
It costs retail investors nothing to hold, but it costs shorts and hedge funds money every day. It’s only a matter of time before a squeeze occurs, no matter how manipulated the stock market gets.
How can retail investors bring awareness to the community?
Retail investors can expose false information on social media to shine light on manipulation tactics driven by hedge fund partners.
Sharing factual and positive articles relating to the performance or analytics of a particular stock is another way the investing community can stay united.
Franknez.com is a platform for the community. I am 100% pro retail-investors and I will continue to share DD that point towards an AMC short squeeze as well as any relevant information that exposes malpractice in efforts to raise awareness.
Dark pools are somewhat of a mystery to new retail investors. We hear about them a lot within the AMC community, especially through Trey’s Trades. We know that they allow hedge funds to make undocumented trades behind doors.
So what exactly are dark pools? And, is something being done about them? I want to expose this subject today.
Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.
Lets get started!
What is a dark pool?
A dark pool is basically a financial forum or platform for trading stocks or other securities. Dark pools are privately organized and are known to be an alternative trading system. These ATS’s are seldomly regulated.
The concerns regarding dark pools and AMC Entertainment has been that we simply don’t know what these communities are hiding from the SEC. This slimy strategy is what’s known as backdoor buying and selling.
Why are dark pools used?
Dark pools give hedge funds an advantage in the sense that they are able to conceal their moves. We can only speculate what type of information is being hid from the public here. Details within these dark pools are not accessible by the trading public.
This lack of transparency may allow dark pools to conceal information such as:
Any discussion regarding malpractice in the market
Inaccurate filings and reports
Dark pools can very well be the place where short sellers get together to discuss strategies and the ruining of companies.
It could be the reason why we don’t know how many short sellers are shorting ‘meme stocks’ and other information that would otherwise prove a fair market for both institutions and retail investors.
Is the SEC looking into dark pools?
In a recent article regarding the high possibilities of automated margin calls, I point out some research I found on Gary Gensler, Chairman of the SEC.
He publicly announces that the SEC has been observing hedge fund activities since January and are taking action to regulate these entities shorting AMC and other ‘meme stocks’.
One of Gary’s proposals states that hedge funds could face 13-F filings. These filings would provide the SEC with insight on equity as well as dark pool disclosure.
I trust we will begin to see this new chairman make the right calls. It’s time for change and our generation will be the ones to make it happen.
Dark pools could explain the low short borrow fee
Could dark pools be the explanation as to why the short borrow fee is so low for hedge funds shorting AMC and GameStop? Now, because so much information is in the shadows, this of course is only speculation.
According to Investopedia, dark pools can charge lower fees than exchanges because they are often housed within a large firm and not necessarily a bank.
Why do these large firms (hedge funds) have this much power in the first place? This advantage is completely deceitful and unruly. It really does make you look at the SEC and think why in the world has no one taken action sooner.
Are dark pools illegal?
Dark pools are not illegal but they are certainly unethical. Per the SEC, we can expect real regulation to surround these exchanges relatively soon.
The Bloomberg Tradebook is a dark pool that is owned by Bloomberg LP. Bloomberg is a financial media company that has been trashing AMC Entertainment for quite some time now.
Bloomberg has published FUD (fear, uncertainty, and doubt) articles in efforts to scare people out of their money. This raises questions regarding the ethics of these manipulators who gather behind close doors in order to stray the public from squeezing shorts out of their positions.
Other dark pool exchanges
Institutions such as Morgan Stanley and Goldman Sachs also offer private trading to their clients through the use of dark pools.
The main concern here is that the information that is made public to the SEC can easily be manipulated. Mainly to conceal foul play and inaccurate information.
The information that is available on Stonk-O-Tracker regarding AMC and dark pools is the percentage of trading within these forums/exchanges; which is usually relatively high.
How does this affect AMC stock?
These private exchanges may be illegally trading naked shares behind close doors refraining AMC’s stock price from further climbing. Although AMC is up nearly 3000% year-to-date, hedge funds continue to attack it through sell walls and short ladder attacks.
And since these private forums could potentially have been getting away with inaccurate reports, the possibility of foul play in the market is certainly there.
AMC Dark Pool Trading
Andrew Hiesinger, CEO of Quant Data took to Twitter to expose AMC’s current dark pool trading volume.
Quant Data provides retail investors with real-time options order flow, alerts, dark pool prints & levels, and news. There has been approximately 34 million shares exchanged in dark pools just in today’s trading day (8/18).
This equates to $1,268,475,800.46 in notional value, says Andrew.
64.21% of trading in dark pools won’t allow AMC’s stock price to reflect the actual price action. This primarily because this amount of trading is done behind closed doors where buy orders aren’t being reported.
This form of manipulation is clouding AMC’s real share price. #DarkPoolAbuse has been trending on Twitter.
Bookmark this article for updated news on dark pool abuse in AMC.
How can retail investors fight these predatory trading practices?
Retail investors have several advantages over hedge funds shorting AMC and other ‘meme stocks’. The community must stay the course if they are to squeeze these short sellers out of their positions.
Not only are hedge funds losing billions, but the SEC has finally begun to implement new regulations that could automate margin calls in overleveraged accounts. I’m personally not worried. These house of cards are falling at the times they should.
AMC stock has had a crazy play in the market thus far. Redditors and even Fox Business are determined it’s going to squeeze. More AMC stock news has arise with 100/100 short squeeze data. So, is now a good time to buy AMC stock?
Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.
Lets get started!
AMC has been the talk in the finance and investing world. Institutions such as Citadel were betting on AMC going bankrupt. That means no more movie theaters for all of human civilization. As if, right?
AMC is no longer on the brink of bankruptcy and has raided more than $2 billion dollars to keep them afloat until the end of 2022. This is not including the revenue they will be bringing in from ticket sales and food and beverage.
If you’re looking to get into a community that’s against a corrupted financial system then the AMC community is the perfect place for you to gain an insane amount of knowledge.
This community has uncovered stock market manipulation, received the attention of the media, and have some of the biggest influencers of our time backing it up.
Apes continue to buy AMC stock till this day. This momentum trading is neither bullish nor bearish. It’s apeish.
AMC’s short squeeze data
You can find loads of information about AMC’s short squeeze data here on the blog, on AMC stock Reddit, or on YouTube.
After several analysts took notice that the stock was being heavily shorted they began posting this information on AMC stock Reddit where it grabbed the attention of everyone else who missed GameStop’s gamma squeeze.
AMC stock is currently in the $33 range, give or take. It is costing short seller 1.10% interest to hold their positions, via Fintel. And although the short borrow fee has recently gone down, it costs retail investors nothing to hold the stock.
Shorts betting against the stock are also facing major scrutiny from brokers such as JP Morgan and Charles Schwab. These two broker firms have begun to raise margin requirements on both AMC and GME stock.
If hedge funds continue to overleverage their positions then they will be forced to close out their positions, initiating the mother of all short squeezes.
Redditors on r/wallstreetbets found out AMC was the #1 shorted stock via MarketWatch. At least until the hedge fund affiliate removed it from their list.
New retail investors be warned, you’re in for a ride. Hedge funds are playing dirty.
Why did they do this? Perhaps to divert retail investors from buying the dips. See, when AMC squeezes it’s going to leave these hedge funds negative billions of dollars. All meanwhile retail investors make some rather life-changing wins.
It’s no doubt that when this happens we will be witnessing one of the largest transfers of wealth in history.
AMC was around $30 in 2016
People don’t tend to look far back enough to see that AMC was a healthy $30+ back in the booming party economy of 2016.
The stock price went as high as $35 in 2017. Here’s the link where you can check the price prior to the pandemic –> Link. We are not hitting all-time highs based solely on fundamentals.
The stock was falling little by little after 2017 due to the amount of debt AMC amassed, however; AMC has raised enough capital to start off clean in 2021.
The previous price point is worth mentioning because it gives us a glimpse into the threshold where shorts are losing a lot of money. Any price above $35 and hedge funds are really feeling it!
More than 90% of AMC movie theaters are now open as of March, 31st
AMC Entertainment has raised more than 2.2 billion dollars in cash
Vaccines and movie theater policies are making movie theaters safe
New movie titles are guaranteed to increase sales revenue
CEO and President Adam Aron expresses an optimistic future for AMC Entertainment
AMC stock is currently treading the $40 mark but has traded as high as $70. We’ve saw AMC’s share price in the beginning go up from $2.50 all the way to $20. We’ve seen a little of a selloff but this is normal. Investors will sometimes take small profits but continue to hold majority of their stake in the company.
The AMC community aren’t the ones causing red days. Short sellers continue to borrow shares to bring the price action down. Once retail investors manage to bring the price above $80 it’s game over for hedge funds.
$80 will lead to $100, $200, and eventually trigger a short squeeze.
The probabilities of AMC squeezing are rather high. The stock is heavily shorted.
The #1 reason why AMC will see a short squeeze is because shorts have not closed their positions.
And unfortunately for them it’s a lose-lose situation. We suggest they close where AMC is consolidating before it begins to rise again and see new levels of resistance; where at this point there’s no going back.
Short-sellers, take your loses now before they’re greater down the road.
So, is now a good time to buy AMC stock?
Absolutely. AMC stock is a ticking rocket ship waiting to take-off.
With theaters reopening, more and more institutions loading up on shares, and vaccines out to the public, AMC is a great buy with our without a short squeeze.