Tag: AMC Squeeze (Page 3 of 20)

AMC Stock Is Now Making Higher Lows This Year

March 2, 2023 / Frank Nez

AMC Stock higher lows higher highs — Market News: AMC stock is now making higher lows and higher highs in 2023.

AMC Entertainment (NYSE:AMC) stock is now making higher lows this year after shares fell in throughout 2022.

The movie theatre stock’s trendline has shifted during the first quarter of the new year as we begin to see share prices make higher lows and higher highs in 2023.

AMC is currently up more than +50% this year-to-date but was recently up as high as 110% towards the end of February.

On January, shares rose to $6.07 from $3.93 at the start of the year.

In early February share prices went up to $6.80, then to $8 towards the end of the month.

Shares have retested January’s levels around $6.07 at the start of March.

The macro trendline is now showing AMC Entertainment making higher lows and higher highs in 2023.

In technical analysis, this is seen as extremely bullish.

This is a trend we have not seen in AMC’s share price since 2021 when stocks surged to all-time highs.

One of the biggest roars in the retail community was during this specific timeline — when shares were establishing higher ground.

Will history repeat itself?

And will AMC Entertainment stock beat its all-time high record of $72 per share this year?

Let’s discuss it.

AMC Entertainment Trendline 2023

When looking at AMC’s year-to-date chart, we find that the stock has begun to make higher highs and higher lows in 2023.

We had a low of $3.85 in January, a low of $4.50 in February, and what seems to be a low of $6 in March so far.

These types of trends in the market may suggest big moves to come.

Not only has technical analysis shown us this in the past but we’ve witnessed it before in 2021 during the height of AMC’s popularity.

AMC’s trend today is a picture perfect snapshot of the months prior to the company’s massive price surge in June of 2021.

If retail investors are able to create enough buying momentum to raise share prices, short sellers may incur a margin call and be forced to close their short positions unless they can meet margin requirements.

And as we know, it’s become much harder to borrow the stock due to the wild fees — recently reaching more than 731%.

Short sellers have been able to keep the lid on AMC from surging again, but for how much longer?

Recent AMC Developments

AMC Latest News – Latest AMC Stock News.

AMC Entertainment said during its earnings report that it is not out of the woods yet, but the company has made progress towards paying its debt and has stayed afloat despite burning through its capital.

AMC Perfectly Popcorn will be sold in more than 2,000 Walmart stores across the country by April — a means to increase revenue.

The company also plans to issue a credit card for customers and capitalize on that business venture as well.

Adam Aron and board members were recently sued for the issuance of its equity APE, which listed in the market back in August of 2022.

The lawsuit is expected to extend or limit the voting rights of AMC’s new proposals to convert APE shares back into common shares of AMC stock, and for a 1-for-10 reverse stock split.

It is still uncertain how the market will react to these proposals.

A reverse stock split will mean the stock will cost more to buy, potentially limiting buy volume from current and new investors.

If AMC’s CTB continues to increase, it may also incentivize short sellers to get out of the play, unless they’re willing to wait for fees to decrease before beginning to short the stock back down.

Rest assured, you can all your updates on Franknez.com.

Will AMC Stock Continue to Make Higher Lows and Higher Highs?

AMC’s current trend remains bullish.

In the past, we’ve seen this trendline lead shares higher and higher despite attempts to bring it back down.

At some point, when pressure is released, it becomes harder to keep the stock from rising.

Is AMC getting ready to for a new all-time high?

I’d love to hear your thoughts on this.

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What is The Likelihood of AMC Squeezing Any Moment?

March 2, 2023 / Frank Nez

More and more bigger media is touching topic on the possibility of AMC squeezing.

Seems they’ve warmed up to the possibility of an AMC short squeeze happening.

But all they’re doing is reiterating facts I’ve written over the years across numerous articles.

Nonetheless, it’s great press for retail investors aiming to squeeze short sellers from the play.

Of course there’s a possibility of AMC squeezing, the facts and data are there.

But what is the likelihood of AMC squeezing at any moment?

This is what no one else is discussing.

Though the answer may not entirely surprise you.

Let’s discuss how close or far away AMC is from squeezing this year.

Will AMC Squeeze ‘Again’?

AMC rose from just over $2 to more than $72 per share in 2021 — short interest had also come down from 22% to 14% signaling short positions closing.

AMC Short Squeeze Chart - Franknez.com — AMC Short Squeeze Chart – Franknez.com | AMC short squeeze news today.

Did an AMC short squeeze already happen?

Yes, but it was the second one in 2021.

See, the first one happened in January around the same time GameStop had its short squeeze.

Shares of GameStop rose to nearly $500 per share.

At the same time, AMC shares rose from $2 per share to $22 per share before coming back down and more and more retail investors coming in.

It’s rather strange what happened next.

I published an article titled ‘Is It Too Late to Get into AMC Stock?‘ after noticing AMC’s short interest data was still very well alive; and those who missed the gamma to $20 began pouring in.

They missed GameStop’s squeeze too, so AMC became very attractive, especially at such a lower price point.

This article was seen by more than half a million people and it attracted a lot of buyers to the stock.

Four months after the publication, AMC Entertainment stock squeezed to $72 per share.

Although many investors are still holding their shares in 2023, many of my readers ended up capitalizing on the move back in June.

AMC Gain Porn

Several readers were up 6-figures at some point.

One even shared the Polestar they purchased from their profits.

AMC Gain Porn — Reader buys Polestar with AMC gains – Franknez.com.

You can view more of these on my Instagram stories under the ‘gains’ highlights.

Bigger media outlets can’t relate to this — we really changed people’s lives.

While media platforms were saying to stay away from AMC stock, I said the short interest data is telling us a story of what may potentially happen and msm is not talking about it.

You saw what happened.

And the truth is, an AMC can still short squeeze in 2023.

Today’s data is just as relevant and just as strong as it was in 2021 when AMC saw big gains.

The only difference today is that we’re in a bear market instead of a bull market, creating a challenge in regard to liquidity and investor sentiment.

What is The Likelihood of AMC Squeezing at Any Moment?

AMC Entertainment stock is only one decision away from short squeezing.

And this decision will be made by short sellers.

All AMC needs to squeeze right now this very moment, or tomorrow, or next week, is for short sellers to begin closing their short positions.

If retail investors are able to create enough buying power to move the stock price up, like they did in 2021, then short sellers will be pressured heavily into closing these positions, initiating a short squeeze.

Since AMC’s cost to borrow the stock is so high in 2023, it’s getting harder and harder for short sellers to short the company.

This means retail investors have a bigger advantage now they didn’t have in 2021 when shares rose to $72 per share.

It’s retail investors who are the key to another short squeeze, always have been.

How high will an AMC short squeeze go?

In January of 2021, the stock surged to $20 and in June it surged to $72.

Where will it go in 2023?

You can read more about how big a short squeeze potential may go in a separate article here.

Share this article with the community and leave a comment down below.

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5 Big Signs Pointing to An AMC Short Squeeze

March 1, 2023 / Frank Nez

AMC Stock Short Squeeze — Market News: Can AMC stock still squeeze? Here’s what the data says.

There are people who don’t believe an AMC short squeeze will happen anymore.

Some will argue it already happened when AMC stock jumped to its all-time high of $72 per share.

And while yes, there were short sellers who were squeezed out in January when shares rose to $22 and again in June, AMC Entertainment continues to be heavily shorted.

In this article, I’m going to go over 5 undeniable signs that point towards the possibility of an AMC short squeeze.

So, whether people want to ridicule shareholders for firmly sticking to their convictions, you can’t argue with these facts.

TRusT mE bRo.

#1. AMC’s short interest is really high

A short squeeze requires a company to be heavily shorted, which AMC is.

AMC has a high short interest of 23%.

Did you know that before AMC’s share price surged from $14 per share to its all-time high of $72 per share it only had a short interest of 22%?

AMC’s short interest dropped from 22% to 14% as short sellers began to close their positions.

Well, I’m sorry to break it to skeptics, but AMC’s high short interest means there are shorts to squeeze.

I’d love to hear the rebuttal on this one; I don’t get the counterargument.

#2. There are millions of shares on loan

This ties back to AMC’s short interest data.

There are currently 185.14 million shares on loan, per Ortex.

These are shares that have been borrowed and not yet returned to the lender.

Hedge funds borrow these shares to short AMC stock.

At some point, these shares eventually have to be returned whether short sellers simply return them without necessarily selling them in the market, or through a ‘buy-back’ when closing their short positions.

Small spikes in AMC’s share price in correspondence with a drop in short interest suggests some short closing.

We’ve seen this on very high-volume trading days.

Now imagine all of these shares getting returned to the lender from shorts closing positions.

That’s a lot of buying power getting injected into the stock, forcing shares to spike.

Also known as a short squeeze.

#3. The cost to borrow AMC is higher than ever

The cost to borrow is the annual fee hedge funds are paying to borrow shares to short the company stock.

AMC’s current CTB is a whopping 217.56%.

Hedge funds are currently paying more than $30 million monthly in fees alone.

This lucrative fee alone could incentivize short sellers to ditch this play and close their positions.

#4. AMC Entertainment has the community to trigger big buying pressure

This is one of the biggest catalysts for an AMC short squeeze.

Why?

Because volume is what drove share prices up during the Wall Street Bets movement in GameStop, AMC, and other heavily shorted stocks at the time.

DFV knew that buying pressure is what would trigger spikes in GameStop, causing short sellers to run for the hills.

AMC shareholders replicated it in 2021, sending shares from $6 per share to $72 per share by literally buying every dip.

Yeah, it was wild -but it worked.

And shareholders haven’t left, they are still holding in 2023.

#5. The company isn’t going bankrupt

Is AMC a short squeeze play? Can AMC still squeeze?

The short thesis made sense during the height of the pandemic when movie theatres were forced to close their doors to the public.

CEO Adam Aron said AMC Entertainment went from one day making millions per day to income suddenly halting due to the lockdowns.

But AMC Entertainment is no longer going bankrupt.

The company has improved and restructured its debt every quarter since 2021 and has beat earnings expectations ever since.

While the company does carry debt, Adam Aron has proved to be a master at raising cash from thin air.

Some of his efforts have included branded merchandise, the introduction of its equity APE, and through partnerships in the entertainment industry which Disney and Netflix.

The company is expected to launch a new credit card this year and put AMC branded popcorn in retail stores.

You can read more about AMC’s development’s here.

An AMC short squeeze isn’t as far-fetched as some might think

As you can see, there are no conspiracy theories or “what if’s”.

I’ve been documenting AMC’s short squeeze since 2021, shortly after shares rose to $22 per share and came back down in late January.

I witnessed months of momentum build until shares jumped to $72 per share.

And yes, it can be replicated.

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Will AMC Stock Squeeze in 2023?

February 21, 2023 / Frank Nez

Will AMC Squeeze in 2023? — Stock Market News: Will AMC squeeze in 2023?

Will AMC squeeze again? In 2021, the movie theatre chain stock skyrocketed from $2.50 early that year to $72 per share in the summer.

Many retail investors held the stock even as the CEO cashed in more than $40 million.

The stock dropped more than -84% in 2022 leaving majority of holders with significant unrealized losses, and very few still in profit.

AMC Shareholders have continued to raise awareness of market injustices surrounding dark pools, naked shorting, and off exchange trading.

Since the events of the ‘meme stock’ frenzy in 2021, ‘We The Investors‘ has reached a historic milestone, representing the retail community in direct engagement with SEC Chairman, Gary Gensler.

Today, Ortex is reporting AMC’s short interest at a high of 22.10%.

This is nearly the short interest AMC had before the stock shot up from $14 to $72 per share.

The high short interest is a strong indicator AMC has the potential to squeeze again.

The question is, will AMC stock squeeze in 2023?

First, let’s dive into what triggered the event in 2021 to better understand whether today’s market conditions are in retail’s favor.

What Caused AMC to Spike?

So, what caused AMC stock to go up?

In short, it was a high short interest percent and massive buying pressure.

#1. High Short Interest Percent

The short interest in a stock is the percentage of the float that is essentially being shorted.

When you have a lot of short sellers betting on the downside of a company’s stock, there’s a probability to squeeze them out of their positions if the price shoots up quickly.

Short sellers may see significant (unrealized) losses momentarily and choose to either close their positions for a loss or keep accumulating short positions if they think shares will come back down.

What happened with AMC is that when the stock first shot up from $2.50 to $20 per share, short sellers began to take big positions.

Therefore, we saw the short interest increase.

But once AMC’s share price began to rise to $9 per share, then $14 per share, and eventually break that resistance, short sellers began to close their positions to refrain from accruing larger losses.

This is when we slowly began to see AMC’s short interest decrease from 22% to 14%.

As AMC began to come down from its all-time high in June, AMC’s short interest began to rise again, signifying short sellers were getting back in.

Today, AMC’s short interest is at 22.10% according to both Fintel and Ortex.

This is big.

#2. Massive Buying Pressure

Massive buying pressure is what triggered AMC shares to rise.

See, this wasn’t just a one-time spike, but rather days of nonstop bullish momentum.

AMC Entertainment stock was experiencing extremely high intraday volume of 700 million and 900 million prior to hitting its all-time high.

Previous months still consisted of several hundreds of millions in trading volume.

Discords were flooded with anxious and excited investors as they saw shares rise over and over again.

The battle of $8.01 was known as a victorious day for retail investors who were buying the dip every time the market would bring the price down.

Days such as the battle of $8.01 influenced what was to come next.

Absolute Armageddon for hedge funds betting against AMC Entertainment and an emerging retail community Wall Street never saw coming.

Read Exclusive FrankNez Content for Only $1/mo.

Market Conditions for A Short Squeeze

The market conditions were completely different when AMC surged to $72 per share than what they are now.

In 2022, we entered a bear market that brought the entire market to its knees.

Experts are saying we may experience continued volatility in the market as signs of an upcoming recession rise in 2023.

Also read: Where Is the Stock Market Headed in 2023?

However, stocks such as AMTD Digital, Inc. proved that market conditions don’t have to be set in a bull market to squeeze.

HKD stock surged more than +20,000% in August of 2022.

Shares rose from $13.54 to $2,200 in weeks from sheer buying pressure, fresh from its IPO.

The truth is a short squeeze may be triggered both during a bull market and bear market.

One key element we’re discovering that triggers a short squeeze is heavy buying volume.

Heavy buying volume is what allowed GameStop to squeeze to $483, HKD to $2,200, and AMC to $72 per share.

*Poll of The Week

Poll: Are you holding $AMC in 2023? #AMC 🍿
— Frank Nez 🇺🇸 (@FNez_Blogger) January 2, 2023

Will AMC Squeeze in 2023?

AMC Entertainment has both the high short interest and retail community behind it to trigger another short squeeze in 2023.

However, recession conditions might cap the ability for retail investors to buy in heavy again this year.

Layoffs, rising interest rates and inflation could slow down how much liquidity is being pumped into the stock market.

This makes triggering an AMC short squeeze in 2023 more challenging than if the U.S was currently a thriving economy.

Also read: How to Get Your Money Right in 2023

Shareholders should not be discouraged; anything can happen this year.

For more AMC stock news and updates, join the newsletter to receive weekly market news and notifications straight to your inbox.

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Tag: AMC Squeeze (Page 3 of 20)

AMC Stock Is Now Making Higher Lows This Year

AMC Entertainment Trendline 2023

Recent AMC Developments

Will AMC Stock Continue to Make Higher Lows and Higher Highs?

Market News Published Daily 📰

Frank Nez’s Stock Portfolio

Recommended For You ✨

What is The Likelihood of AMC Squeezing Any Moment?

Will AMC Squeeze ‘Again’?

AMC Gain Porn

What is The Likelihood of AMC Squeezing at Any Moment?

Market News Published Daily 📰

Frank Nez’s Stock Portfolio

Recommended For You ✨

5 Big Signs Pointing to An AMC Short Squeeze

#1. AMC’s short interest is really high

#2. There are millions of shares on loan

#3. The cost to borrow AMC is higher than ever

#4. AMC Entertainment has the community to trigger big buying pressure

#5. The company isn’t going bankrupt

An AMC short squeeze isn’t as far-fetched as some might think

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Will AMC Stock Squeeze in 2023?

What Caused AMC to Spike?

#1. High Short Interest Percent

#2. Massive Buying Pressure

Read Exclusive FrankNez Content for Only $1/mo.

Market Conditions for A Short Squeeze

*Poll of The Week

Will AMC Squeeze in 2023?

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