Retail investors known as ‘apes’ were able to do what no one else in history has ever done before.
They exposed fraud in the stock market and uncovered conflict of interest no one was ever supposed to see.
In the midst of it, a handful of investors made money, causing massive hedge funds to lose billions of dollars.
Do the ‘apes’ have the power to win big again?
And if so, what’s it going to take?
Let’s discuss it.
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Shorts think retail investors are experiencing fatigue
Reuters just published an article giving us some insight to what suits think of the current ‘meme stock’ situation.
They understand that short interest in AMC is rising despite its fundamental improvement.
Shorts seem to have gained some confidence in the bear market – go figure.
Wedbush Securities Inc. says it doesn’t seem like it’s a great time to short AMC.
Bets against the company “reflect that institutional investors think that the retail shareholders are experiencing fatigue here.”
While it’s true buying has cooled down, apes are still very much in this play to squeeze shorts from their positions.
Many investors have gone on the offense for months now and are supporting AMC Entertainment outside the market.
Shareholders have become so loyal to the brand that they’ve become the very guests attending the movie theatres.
Volume might not be on the rise like last year, but movie theatre attendance sure is.
The ape community has grown to understand just how important the fundamentals of the company are, despite a short squeeze not requiring them.
Retail investors might look like they’re on the sideline, but little do shorts know they’ve been on the offense the entire time.
A beacon for change
The ‘ape’ community continues to be a beacon for change.
Community members recently gathered on social media to sign a petition going out to the SEC, created by activist Dave Laurer.
We The Investors is an initiative to get retail’s concerns in front of SEC Chairman Gary Gensler in efforts to raise awareness of the problems retail investors face in the market.
The letter to ban PFOF (payment for order flow) received more than 71.5k signatures.
“Together, we’re going to make sure that retail represents itself, & that firms who productize their clients can’t claim to represent them. Together, we’re going to make markets simpler, fairer & more transparent”, says Dave.
Ken Griffin’s Citadel is pushing back on the possibility of the SEC banning PFOF, along with the entire hedge fund industry.
However, other apes are taking a much different approach.
Unlike Dave Lauer, majority of retail investors don’t believe in the SEC.
They’re using marketing campaigns to put pressure on our regulators as seen below.
A mobile billboard truck was spotted in New York reading “The SEC is Complicit with Wall Street Corruption“.
Meanwhile, content creators on social media continue to educate the masses on market injustices.
Institutional investors beware, apes aren’t leaving.
AMC stock prepares for a breakthrough
Buying pressure tends to slow down during bear markets, but this isn’t stopping retail investors from staying in the game.
While the ‘hodl’ game is strong, big buying pressure will soon be underway as the markets begin to shift upwards again.
Momentum from shorts closing will fuel retail’s demand for the stock, inevitably forcing a short squeeze.
And fortunately for AMC shareholders, there are plenty of short sellers in this play to send AMC’s stock price to a new all-time high.
An incredibly important part of history is being written today.
Will you be a part of it?
Leave your answer in the comment section of the blog down below.
For market news and more AMC updates:
Bookmark: AMC Short Interest Daily Updates