Tag: Frank Nez (Page 1 of 5)

AMC Is Trending In The Right Direction

AMC is trending in the right direction
#AMCTOTHEMOON

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.

franknez.com

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

Franknez.com

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!

So from the bottom of my heart, thank you.

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Read: Massive disruption: Prepare for the MOASS


Massive Disruption: Prepare For The MOASS

Massive Disruption: Prepare For The MOASS
MOASS Incoming

MOASS incoming. The feds are printing trillions of dollars, hedge funds have lost billions of dollars due to retail. People also seem to be worried about a possible recession.

And, the feds are now requiring major banks to hold roughly $1 trillion in high quality capital – enough to survive a severe recession and still be able to lend to households and businesses.

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?

franknez.com

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.

Hedge funds can use repo to increase their leverage, which magnifies both their potential gains and their potential losses. We know hedge funds have lost billions of dollars from shorting AMC and GME stock this year alone.

What Can Be Done About Excessive Repos?

The feds might be looking at ways to facilitate the amount to be borrowed by establishing a particular ceiling. However, I personally don’t think this is enough.

Some fundamental questions are yet to be resolved, including the rate at which firms (besides banks and primary dealers) would be eligible to participate.

How Much Leverage Do Hedge Funds Have From Repos?

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.

how much leverage do hedge funds have from repos

The problem here is that hedge funds are overleveraged and have too much power as a single entity. Hedge funds have been the root to economic downturns such as the Great Recession of 2008 and the Stock Market Crash of 1929.

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.

Some of which include naked shorting and dark pool trading, which CNBC’s Melissa Lee publicly speaks out on.

The attention is now on hedge funds. Both Republicans and Democrats agree strict laws should be imposed on Citadel Securities after the Archegos incident earlier this year.

And it looks like their lifeline is about to be cut off.

Large Banks To Hold $1 Trillion In Capital

Effective October 1st, thirty-four of the largest banks will be required to hold roughly $1 trillion in high-quality capital.

The banks are:

  1. Ally Financial Inc.
  2. American Express Corporation
  3. Bank of America
  4. The Bank of New York
  5. Barclays
  6. BMO Financial Group
  7. BNP Paribas USA
  8. Capital One
  9. CitiGroup
  10. Citizens Financial Group
  11. Credit Suisse
  12. DB USA Corporations
  13. Discover
  14. DWS USA Corporations
  15. Fifth Third Bancorp
  16. Goldman Sachs
  17. HSBC
  18. Huntington Bancshares
  19. JP Morgan Chase & Co
  20. KeyCorp
  21. M&T Bank
  22. Morgan Stanley
  23. MUFG Americas
  24. Northern Trust Corporation
  25. The PNC Financial Services
  26. RBC US Group Holdings
  27. Regions Financial Corporation
  28. Santander Holdings
  29. State Street Corporation
  30. TD Group US Holdings
  31. Truist Financial Corporation
  32. UBS Americas
  33. U.S Bancorp
  34. Wells Fargo & Company

Out of these 34 companies, only JP Morgan, Bank of America, Wells Fargo, and CitiGroup hold more than $1 trillion in assets.

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!

top 15 largest banks by assets
Top 15 largest banks by assets

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.

Gorillanaires

Franknez.com

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 🀝.

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The Latest AMC Stock News For The Ape Community

AMC Stock News
AMC Stock News & Updates

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.

franknez.com AMC stock news

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. 

Click the link to view.

And lastly, we have been bullish for days apes! We have a solid 45Β° 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.

NSCC-2021-010
NSCC 2021 010 Effective on September 3rd

“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

Whip Media just announced that AMC would be using their services for AMC Theatres On Demand.

AMC Theatres On Demand would offer more than 5,000 movies from every major studio and indie film distributors, available for purchase or rent.

β€œWe’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.

Keyword ‘Scalable’

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.

AMC closed today (8.24) in the mid $40s. My August prediction came true, $30 share price levels are now a thing of the past.

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.


Citadel Pulls Money Out From Melvin Capital

This weekend (8.22) we learned that Citadel pulled out an incredible $500 million from the hedge fund Melvin Capital. Citadel had an initial investment of $2 billion dollars in Melvin Capital according to sources.

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.

Charles Schwab, a whale invested in both AMC and GME stock, has raised margin requirements for short sellers driving these stocks down. Failing to do so will result in intraday margin calls.

Melvin Capital Enters Deeper Waters

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

Franknez.com

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.

Get excited for the next part of this journey.

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Read: Every AMC ape will be profitable in September


Every AMC Ape Will Be Profitable In September

Every AMC Ape Will Be Profitable In September

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.

franknez.com

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.

Remember, Charles Schwab raised margin requirements for short sellers shorting both AMC and GameStop. On top of this, the NSCC has raised margin minimums from $10,000 to $250,000.

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?

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.

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BREAKING NEWS: Synthetic AMC Shares Moved To Brazil Stock Exchange

A2MC34 BDRs AMC
AMC BDRs

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.

franknez.com

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

CitiBank BDRs

With $23.7 trillion in assets under custody and administration and a global custody network spanning more than a hundred markets worldwide, Citi 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.

BDR Issuance Flow

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

Franknez.com

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?

Frank “Caesar” Nez

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We Are Experiencing One Of The Best Chapters With AMC

AMC Chapter

You know what I love about this chapter in AMC right now? That those folding are being eliminated. That’s right. We’re getting stronger and I know you can feel it too.

This is all psychological now and those who keep their head on will win this play. It’s growth time baby.

franknez.com

Welcome to Franknez.com – today I’m going to discuss with you why we are experiencing one of the best chapters in this short squeeze play right now. Stick around to the end, it’ll be worth it.

Lets get started!

Speaking of people folding, there’s been a little bit of egotism from people making money on momentum plays via Twitter and people coming out as shills; won’t mention any names. But community, this is good.

Now, I don’t usually speak out on this but I think we can all really gain value from what we are seeing happen here. After all, we are bound to experience setbacks and betrayals during any great journey. Would it really be a great story if we weren’t?

Don’t Invest In AMC!

You see these headlines everywhere. We’ve literally become immune to them. The fact that the media has been telling the public not to buy AMC stock is just incredible!

Who thought they’d care so much about your finances right? Who do you think has your best interest? Hedge fund affiliates who get paid to write lies? Or the community who’s been doing DD all year and actually saved the entire movie industry… yeah, we did that.

The fact is majority of the community has earned some serious gains on paper. And if you’re currently negative at the moment don’t worry because I am not selling and neither are the rest of the apes.

This play was built on community and only the community will reap the massive rewards from this play.

Negativity Isn’t Here To Stay

Positivity

We are all going through this intense, exciting, and fruitful event. Yes, fruitful. AMC is up more than 2000% year-to-date and I don’t ever forget that.

My message to our new apes is that negativity isn’t here to stay. The media has been talking nonsense all year and you have to overcome it. A few people are scared right now and I have empathy towards that.

But none of the negativity that comes up from time to time is going to matter after AMC squeezes. You know what your plans are, you know how you’re going to enjoy your money.

And once this short squeeze comes to fruition, none of the negativity that ever infiltrated our community will matter anyway. You will look back and think to yourself, I overcame and I am stronger now.

Most DD Moving Forward Won’t Matter Anymore

I wish I had more DD to share with you today like FTDs and what not but it doesn’t really matter. There are two main factors that will determine whether AMC squeezes or not:

  1. Whether apes hold or not
  2. and whether short sellers are able to keep up with the 2500% margin requirement raise

It really does come down to these two main reasons. If you sell the stock then you contribute to the red waive that’s fighting the buyers moving AMC’s share price up.

Day trading AMC is only slowing down squeezing shorts from their positions, and you are essentially disserving the community by doing so.

Holding the stock is the strongest defense the community has, it’s our foundation. Buying the stock is really just playing offense. So if you’re in this play for a short squeeze, stick to the narrative of buying and holding.

Disclaimer

We literally cannot tell you what to do with your money. What we can do is put the data out there for you to make a financial decision for yourself.

Out of 4 million apes, I’ve reached 1 million of you and counting. I am humbled to have been given the opportunity to provide this data to the community.

I don’t know how many sold at $70 or $60 per share but I’m happy to know I potentially played a part in making someone a lot of money. As for me, I’m in this for a short squeeze.

Do I Really Think Massive Moves Are Coming?

AMC Rocket

Absolutely, without a doubt. I do think that people who sold are going to wish they held through this dip. AMC is on trajectory to breaking the $40 level since it has tested $48 three times now. We can see that the stock wants to climb.

Tremayne believes AMC’s short squeeze could be similar to that of Tesla’s. If that’s the case then AMC’s share price will similarly continue to runup and find higher highs and higher lows throughout the months.

This type of runup is not violent but rather more like a marathon. It’s not certain whether AMC will squeeze this way but it’s important to take into consideration just how much bullish sentiment is behind this stock as it is.

After all, retail sentiment is what drives the stock market. As long as the community is bullish, AMC is bullish. Or should I say, apeish.

Patience Might Just Have Finally Paid Off

If you’re scared of dates, stop being scared of dates. That energy is not going to serve you nor the community. Anxiety attracts more anxiety.

I published this article discussing the effective date of the margin requirements and a few people within the community were trippin’ about the date as if they couldn’t believe it.

I didn’t make up the date, nor the proposal. It’s literally on paper proof. You’re not a child to where your expectations should ruin your entire mood if something doesn’t come to fruition, or go according to plan.

Embrace amazing and exciting information that could potentially cause some massive upswings without being pessimistic about it. Expect it. Scared money doesn’t make money so quit self sabotaging yourself.

We’ve heard it before; this is psychological warfare. How are you going to defeat hedgies when you can’t even defeat your own inner voice. Be kind to yourself and think about the positive outcomes rather than the negative ones.

I do not control what happens when this proposal goes into effect this Friday, September 3rd. But am I excited for the possible outcomes? Absolutely! This could be massive and you should be excited too!

So, Why Is This Such A Great Chapter?

AMC Book

Lesser things are holding us back. Wanda Group is gone. Mudrick? Canceled. Paper hands? Gone. Shills? Exposed.

We don’t even have to worry about AMC’s fundamentals anymore. The company is set. It’s time we do our part for this short squeeze to play out.

See the thing is you are now able to identify who provides real value in the community and who doesn’t. You’ve learned to avoid mainstream media. And most importantly, you’ve shared the research and data that is a once in a lifetime opportunity to anyone who gets their hands on it.

The community has experienced major discomfort through patience. Ladies and gentlemen, this is where the real growth happens.

Listen To This

Everything that has happened with this short squeeze play had to happen. This buildup is a process and we need to remember that not everyone is meant to bear the gifts from this short squeeze play.

But you are and that’s why this is such a great chapter.

Share this with somebody who needs to hear it

Franknez.com

Leave your thoughts in the comment section below. I’d love to hear from you.

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SEC Slaps 27 Financial Firms On The Wrist On Fails-To-Deliver

SEC 27 financial firms
AMC, the SEC, the FEDS, and more

On Wednesday July 26th, the SEC announced it had charged a total of 27 financial firms for FTDs. Failure-to-delivers are orders that were not executed, primarily due not enough shares being available.

And although none of these charged involved Citadel, the feds are finally looking to broaden consequences for hedge funds, online brokers, and powerful trading firms.

franknez.com

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!

Almost 45 million on FTDS for June

The SEC has just fined 27 financial firms for FTDs. They also reported a total of 44.7 million fails-to-deliver for the month of June via Stonk-O-Tracker.

AMC Fails To Deliver
AMC Fails To Deliver

What’s being done about it? The SEC is slapping these financial institutions on the wrist. Now, while the SEC hasn’t been able to properly serve the people, the Feds are finally getting involved.

More on that a little later.

Financial firms getting fined by the SEC

  1. Altschuler, James Stephen
  2. Canton Hathaway, LLC
  3. Carmel Capital Management
  4. Castle Wealth Planning ,LLC
  5. Cohen Klingenstein, LLC
  6. Dynamic Trading Management, LLC
  7. Eastside Financial Advisors, LLC
  8. Embree Financial Group, Inc.
  9. Harold Davidson & Associates, Inc.
  10. John A. Bysko Associates
  11. Madden Funds Management Ltd.
  12. Medallion Wealth Advisors, LLC
  13. Might Oak Strong America Investment Company
  14. Minot DeBlois Advisors, LLC
  15. O’Brien Greene & Co. Inc,
  16. Paratus Financial Inc.
  17. Quantitative Asset Management LLC
  18. Sauberan & Company LLC
  19. Summit Financial Advisors Inc.
  20. The Cavanaugh Group, Inc.
  21. Westbourne Investments Inc.
  22. Bill Parker Agency
  23. Birkelbach & Co.
  24. Capital Portfolio Management, Inc.
  25. Greentree Investment Services, Inc.
  26. ST Invest LLC
  27. Tradier Brokerage, Inc.

These financial firms were fined between $10,000 and $97,500 but we all know those are just fees to continue illegal shorting in the market.

21 of these were investment advisors and 6 were broker dealers. But how about the ones responsible for the 45 million FTDs back in June for AMC Entertainment?

Why isn’t Citadel Securities on this list? Citadel is not taking any responsibility for the FTDs. And although the SEC has fined them in the past, Citadel is simply too powerful of an institution for the U.S. government to do anything about at this point.

At least that’s what lobbying has show us. Since president Biden elected Gary Gensler as the chair of the SEC, nothing much has really happened.

The Feds jump in

According to Bloomberg, a push by Democrats to tighten market rules in response to the implosion of Archegos Capital Management and this year’s meme-stock mania is gaining traction in the U.S. House.

The Financial Services Committee led by Maxine Waters may hold votes as soon as next week on legislation that could raise consequences for hedge funds, online brokers, and powerful trading firms.

Lawmakers are considering imposing federal oversight on large family practices such as Archegos and banning the controversial practice of market makers such as Citadel Securities paying Robinhood Markets and other brokerages to execute investors’ trades.

The movement is very well alive apes! Even after all these months at war with hedge funds, the feds have had enough. There are currently more than a dozen proposals under review.

Capital Markets Engagement and Transparency Act

One of the proposals the committee is trying to get approved is the The Capital Markets Engagement and Transparency Act. This act would require hedge funds to publicly disclose their bets against stocks and dark pools.

This would be a tremendous help for AMC shareholders as it would tell us how many short shares, naked shares/synthetics are actually floating in the market.

Technical analysts following AMC chart patterns would also be able to better identify just how high AMC stock could skyrocket up to. Although the data says we can easily shoot above 4-figures and beyond, this type of transparency would help us shrink the target number(s).

Retail investors would also have SEC data such as FTDs and other data on a monthly basis oppose to quarterly.

This article is a follow up to Tory’s article on lawmakers proposing these regulations. I wanted to dig in a little more as well and talk about what exactly this would mean for the AMC community.

AMC Community making history

I want you to know that you just made history. That’s right – even if we don’t see this regulation occur this instant, we’ve made a massive change in our timeline.

Perhaps the squeeze happens before these laws are put into place. But it won’t matter. That’s because we have paved the way for new plays in the market. Our generation is creating a fair and free market.

The community should be celebrating for the change we are making right this moment. Zoom out and look at the bigger picture. We’ve saved an entire movie industry from collapsing during a pandemic, and have voiced our concerns regarding market manipulation; resulting in change for the future investor.

All these articles will be archived in financial history. If you’ve commented on this blog before, your voice, your story, will be recorded in history.

A new buyer comes in before AMC squeezes

The State of New Jersey Pension Fund just purchased 229,000 shares of AMC stock in quarter 2. It is reported to be worth about $13 million dollars.

A purchase this big from a huge institution can only mean they are preparing to cash in big profits alongside the community. AMC Entertainment stock has begun to trend upwards again and analysts in the AMC community are predicting continued momentum.

If you’re an ape in the community who has been doubting AMC the past few weeks or even months, know that institutions continue to buy the stock.

And although they are not apes like you and I, they are certainly not going to miss out on what’s about to happen next with AMC.

Read: AMC stock is primed to bounce back up: MOASS

Before you go, you’re invited

Join the Discord group AMC with Franknez.com. Here’s a personal invitation to the Discord. I created this safe community for new retail investors to keep each other informed and discuss AMC topics and ideas.

AMC discord franknez.com

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Side Hustles From Home That Make a Ton of Money

Side hustles from home that make a ton of money

Whether you’ve lost your job or simply want to work for yourself, many people are making money online no matter where they are in the world. They’re either working at home or traveling the world and making money at the same time. Or you’re probably just a workaholic and need to stay busy.

Most of you can say goodbye to your 9-5, for good. Here are some incredible side hustles from home that make a ton of money.

welcome to franknez.com - the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

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!

One thing earning money from home provides for you is the freedom. The freedom of time and the financial freedom you and your family deserve.

It brings me great pleasure to provide you with some side hustle ideas that can change your life. It did for me and it can for you too.

#1. Earn money from home with YouTube

YouTube is an amazing platform from which you can begin to make money from home. Though it won’t be an instant way to earn money it will certainly be worth it once you’ve monetized your YouTube channel.

This is a non-linear way of earning money from home meaning you don’t have to put in the work multiple times to earn money. This type of leverage income allows you to create something once and earn money from home multiple times over.

Earn money from home with YouTube

The cool thing about YouTube is that you can make videos on just about anything and work towards creating a source of passive income when you’ve grown your channel.

Once your YouTube channel has been monetized, your videos will earn you money from ads no matter where you are in the world.

This means a video you created months back can earn you money every day, of every month, of every year! As long as the topic is relevant in some way, shape or form, your content will always be viewed.

How much money can I make from home with YouTube?

YouTube has no ceiling. You can make infinite money with YouTube as long as your videos generate views.

Once you’ve monetized your YouTube channel you’ll want to keep producing content to further scale your channel.

I created a YouTube channel because I know I want to provide further value to my readers there eventually. I want you to see me and I want us to have that personal and visual connection.

As of April 2021, I published my first video for an investing community I’m involved in. I thanked them for supporting the blog and sharing my posts within the community. It meant so much that I just had to express my gratitude.

I have a ton of ideas written down of what I’m going to accomplish with this channel. If you want to see this journey come to fruition then subscribe to the channel here. You won’t regret it.

How do you monetize a YouTube channel?

In order to monetize a YouTube channel you’re required to have at least 1,000 subscribers and 4,000 hours of total watch time within 12 months.

While this may seem like a lot of work, the freedom that comes with it is certainly worth it.

If you have a YouTube channel you’re trying to grow leave it in the comment section below so I can subscribe and show some support!

#2. Create a blog using Bluehost

Another great way to make money from home is to create a blog using Bluehost. Blogging is such a carefree side hustle. I enjoy every moment of it and don’t see myself ever stopping.

This is why blogging is now my 24/7 full-time job.

That’s right. Blogging has allowed me to quit my 9-5 and work from anywhere I choose. Sometimes it’s surreal.

I strongly believe everyone should start a blog. Why? Because you have some sort of knowledge or expertise others don’t. This means you can provide valuable insight and information by publishing blog posts on the internet that others can find extremely helpful.

Earn money from home by blogging

People are blogging just about any niche and topic. Whatever you decide you want to talk about, there’s a community, Facebook group, and overall people who want to digest that content.

You’ll need to figure out what people in your niche topic are asking for. Bloggers write the solutions to peoples whereabouts regarding a specific topic in mind.

If you need help deciding what to write about I have you covered. Lets go over some quick blogging topics and niches.

Here are a few blogging ideas:

  • Travel
  • Food and recipe
  • Entertainment and news
  • Automotive
  • Health and well-being
  • Mommy or daddy lifestyle
  • Gardening
  • Sewing & knitting
  • Fashion and makeup
  • College life
  • Teacher life
  • Technology
  • Finance and business
  • Product reviews
  • Paranormal / metaphysical
  • Culture / City
  • and so much more

Read: Blog Like a Champ: Easy Beginners Guide

You can blog about your passions, your experiences, and your expertise all while earning money from home.

Whatever you decide you want to blog about, be sure that it’s something you can really enjoy discussing with other people. The way I knew personal finance was the right niche for me is that whenever I thought about the topic, I just felt like I had so much to say!

I have a passion for personal finance and business related topics. So, from these passions FrankNez was born. And if you haven’t browsed through the blog yet be sure to do so before you leave, or bookmark it for later use.

What is the best platform to blog?

Bluehost is the #1 recommended web host provider by WordPress and powers over 2 million websites worldwide. I don’t know about you but I want to be on that team.

Bluehost in my personal opinion is also the easiest web host provider to use. It is ideal for starters and beginners.

What I liked about Bluehost from the very beginning is that none of they layout was over complicated nor intimidating. Bluehost has really made my blogging experience great.

Bluehost blogging

How do you earn money blogging?

You can make money from home (or anywhere in the world) by blogging about just anything that people find interesting or helpful. There are numerous ways you can earn money from blogging.

Some ways you can earn money through blogging include:

  • Displaying ads from ad networks
  • Affiliate marketing programs
  • Selling products or services
  • Marketing services
  • Income earning landing pages

How much money do blogs make?

Some blogs are earning anywhere from $100 dollars a month to $1,000, and even $10,000+!

High blogging traffic allows you to multiply your income, especially if you have more than once source.

Franknez.com is earning more than $20,000 per month alone in just ads. I don’t sell any products nor courses. My job isn’t to sell you anything, I’m here to provide you with value.

Once you’ve opened your account with Bluehost be sure to read how to monetize your blog with Google AdSense. Man, do I have you covered!

Google AdSense was my first advertising platform. In that article I show you how to put ads on your blog so you can begin earning money as soon as your blog has traffic.

#3. Earn money from home by renting your property

Make money from home with rental income. Rent your extra bedroom or backhouse to make easy money every month.

Earn money from home by renting your property

Rent from your tenant(s) guarantees monthly earnings for the use of space you are not using.

This form of passive income does not require much maintenance and is usually a pretty straight forward process. Relay the rules to your tenant and write up terms for your records.

Depending on which state you live in, you can charge $400-$800 for rent every month. $1,000+ in some areas.

House Hacking

Make money by house hacking

Learn to house hack by having more than one or two tenants essentially pay for the mortgage.

You don’t technically make money from home this way, but you live in your home for free which means you can use your money to save and invest it in other assets.

Consider using Airbnb

Airbnb allows you to rent your property for a few nights to people who are looking to stay in that particular area of your city.

This hotel like service draws hundreds of dollars per night and in most cases can even pay itself if you’re still financing it.

I’ll leave the link to Airbnb’s website home page here.

#4. Teach A Skill With Fiverr

Teach A Skill With Fiverr And Make Money From Home

With Fiverr you can teach a skill via webcam to people looking to learn more on your expertise.

You create a gig and get notified when someone places an order. People are teaching others how to:

  • Speak a new language
  • Selling graphics & designs
  • Providing digital marketing lessons
  • Supplying video & animation tutorials
  • Create amazing recipes and cook

Fiverr is a great way for you to make money from home due to the convenience of providing people all around the world with value right from your living room.

If you’ve ever wanted to teach people how to learn something new from the comfort of your home then Fiverr is a great platform for you.

Read: How To Distribute My Music On All Major Platforms

Leverage income is when you create something once and get paid for it multiple times. This type of income is what Dan Lok refers to as F.U. money.

#5. Earn money from home as a freelance writer

Earn Money From Home As A Freelance Writer

The amazing thing about Fiverr is that you can also offer your writing skills to people all around the world as a freelance writer. Freelance writers are:

  • Writing professional bios for people
  • Providing successful telemarketing scripts
  • Working on helpful branding articles
  • Helping people format pod and ebooks

Services range from $5-$80 per order! If you can think of creative ways to put your writing skills to use then Fiverr is the perfect platform for you.

Earn money from home teaching people how to do stuff online!

Read: 5 Ways to Earn Leveraged Income: Start Now

#6. Pick up a commission based sales position

Commission bases sales position

Earn money from home through a commission based sales position. You can make a sales career from many industries including marketing, tech, and health.

Commission rates can range from 5% being the lowest to 40% being the highest.

The cool thing about taking up a commission based sales position is that you have the liberty of working in the comfort of your home or while you’re on the move!

Why commission only based positions are amazing

While I don’t have a 9-5 anymore, I do have a commission only based sales position in another business.

I built my clientele over the period of 5 years before going 100% commission with no base salary. Although this may sound scary at first, I now have the time to work on my blog full-time as well as continue to grow my other online startups.

Because I already have a clientele, all I do now is quote and close projects every day. I can be doing this from home or from the beach. This position compensates me monthly.

Read: How To Reach $10K Per Month In Sales

#7. Start your own online business and make money from home

start your own online business

Starting your own online business has many benefits. Not only are you your own boss but you have the opportunity to creatively make money from home in the niche of your choice.

When I created my first online business it generated on average $20 per month. Although it’s not enough to cover big expenses, it was certainly enough to pay for my streaming services passively without the need of my using my earned income from my 9-5 during that time. It was my first successful startup and now plays a different role which brings a ton of traffic to my blog!

Another startup earned me on average $2K per month all year. This is an online business I’m working on scaling today as well. And yes, this was all done from home. The link below is going to walk you through on how you too can start a thriving online business.

Starting an online business will be your best bet to leaving that 9-5. This will highly depend on how much you commit to scaling it.

Read: How to Start a Thriving Online Business in 2021!

And lastly…

Thank you for being here today. You could have chosen to spend your time elsewhere but instead you’re here learning and trying to get better. I applaud you for that.

If you want more content sent to your inbox be sure to subscribe to the blog and follow me on all social media platforms.

Franknez.com

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Are you working from home? Let the readers know what you’re doing to earn that extra income in the comments section below!


These Are The Best Side Hustles For Millennials In 2021!

Best Side Hustles
The Best Side Hustles For 2021!

Our generation is getting hungrier. Here are 10 of the most rewarding side hustles to make it happen in 2021!

franknez.com

Welcome to Franknez.com – the blog where you can digest content on personal finance, entrepreneurship, and trending investing topics.

Lets get started!

So you’ve learned about creating multiple streams of income for yourself, or you’re simply looking to make a little more money on the side. One thing is certain, your side hustle(s) might just be the initial step towards building financial wealth. Lets begin.

#1. Airbnb

Airbnb is a sharing service that offers opportunity for travelers to get cost-efficient accommodation wherever they travel to. This side hustle allows you to earn money for essentially renting out your property to people looking to opt out of high hotel rates. If you aren’t a property owner yet be sure to keep this in your radar!

#2. DoorDash

DoorDash is a courier company that offers service on demand. Dashers deliver food from all type of restaurants. The flexibility to choose when you deliver allows you to accommodate your schedule accordingly. This is perfect if you’re looking for a part time or weekend hustle.

#3. Mobile car wash / detailing

Mobile car detailing services are becoming a little more common. This gig requires a van or truck to move your equipment and get the job done. Although this hustle is mainly seasonal, creating relationships and building the proper clientele can secure your side hustle year round.

#4. Turn your hobby into a business

Whether it’s dancing, singing, producing, painting, climbing, collecting, restoring, you name it! You can monetize your content on YouTube through vlogs, DIY, and tutorial videos. If you’re a recording artist get your music distributed and get paid from streams! Find a way to make money doing what you love.

Read: How To Start A Thriving Online Business In 2021!

#5. Buy at wholesale cost, sell below retail market value

This is similar to flipping except you don’t need to add value to an item. You purchase items at a wholesale cost so you can retail them and make a profit margin. It’s wise to look at the current retail value of what you’re selling and price it just below the market while still profiting from the cost of your initial purchase. You can use websites such as Amazon, eBay, Facebook Market & Craigslist to sell.

#6. Babysit

If you love children and have a knack for taking care of children, babysitting can be a very rewarding side hustle. Plan your availability in accordance to your schedule. When you tend to help people, the reward seems to be greater for some reason. There’s just something amazing about the integrity involved with such a responsibility.

#7. Work a part-time job

If you’re a teacher already working part-time, find another teaching job to get the most out of your career. If you’re in the medical & healthcare industry working part-time, find that second part-time to increase your income and experience in the field. A part-time job or hustle (if you’re already working full-time) will increase your income, no questions asked.

Fiverr is a great way to teach online making it the perfect side hustle for millennials.

#8. Rideshare service

Companies like Uber and Lyft allow you to earn money by transporting people to their destination in the comfort of your own vehicle making it a perfect side hustle. Get paid to drive while potentially saving the lives of others by prohibiting them from driving under the influence.

#9. Party planner

Party planners take control of the design and presentation of a celebration in order to create an awesome experience that will always be remembered. Note down all the exciting details for every project. Discuss budget and come up with a fixed dollar amount to make this happen. Sell it and over-deliver. Budget on the price negotiated with the client and the profit is yours.

#10. Store and list your space

Neighbor.com allows you to list your drive space, garage, attic, or basement to store your fellow neighbors belongings. You essentially rent out space you don’t use to people that need it. It’s another great way your property can generate an income for you.

#11. (BONUS) Instruct or teach online with Fiverr

Fiverr allows you to instruct or teach just about anything online. Millennials are teaching people how to speak another language, they’re writing as freelancers, and teaching digital services. People are making anywhere from $10-$800 on services!


Read: Side hustles from home that make a ton of money

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Leave a comment below if you’re working in any of these side hustles!


How To Handle an Upset Client About to Leave

how to deal with an upset client about to leave

Complications occur, don’t beat yourself up for it. How you manage the scenario is extremely important though. Delegating with an upset client is troubling and can even be scary in some cases. We find ourselves wondering whether we’ll be able to retain the client or not. I’ve had my fair share of dealing with upset clients and have learned a lot from these experiences. Here’s how to handle an upset client that’s on the verge of leaving your business.

franknez.com

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!

how to deal with an upset client

We work extremely hard to earn new business. The last thing we want as a sales rep or business owner is to lose a client. Our clients are the vitality to our businesses and allow us to live the way we do. We construct relationships with our clients, we share great moments, and appreciate each other. Unfortunately, there comes a day when things don’t go according to plan.

It’s simply part of the process whether it was a complete accident or things were out of your control. It is important that you listen to your client, remain calm, and assess the situation. Lets dive deeper into ways you can continue to make your client happy during an episode of distress.

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Listen To Your Upset Client

When you come across any complications be sure to first listen to your upset client. It is very important that you hear what they have to say and let them get their concerns across. Validate their feelings. Let them know you understand their frustrations.

Tip: Do NOT avoid confrontation

Do not avoid confrontation. Suck it up, step up, and listen to your client. There’s no way around it. You’ll eventually need to hear them out. Pushing them to the side or avoiding confrontation will only make matters worse. Be sure to address the issue(s) immediately.

Do not react, remain calm

Keep calm when a client is upset

Keep your cool. Do not escalate the situation by reacting. Put yourself in your clients perspective. Often times reacting can lead to making the situation worse. Keep it professional and allow your client to vent their frustrations. It’s only human nature after all. What matters is that you keep calm and remember to keep that awesome customer experience.

Tip: Show willingness to help in any way possible.

Don’t take it personally

Don’t take any heat too personal. Business is business. Separate your personal feelings for a moment and see beyond the relationship. It is import you understand how the situation is affecting others.

The way you present yourself during a downturn shows your true character. Sometimes we find ourselves dwelling on our mistakes or thinking what if. Don’t be hard on yourself either. We must conquer these obstacles and persevere through such challenges.

Gather the facts & ask questions

Before proceeding with anything, gather the facts. Address your clients concerns by pulling up concrete evidence regarding the arising issue(s). Assure your client you will be looking into the matter immediately. Ask them questions regarding your concerns. Address your team and ask them questions regarding the situation.

It’s important that you have information at hand that will help you navigate towards finding a solution.

Present a solution to your upset client

Solve Solutions When Your Client Is Upset

The most important way to deal with an upset client is by coming to a diplomatic agreement and presenting a solution. Ask yourself how you can fix your clients problem. How can you bring them balance and peace again?

The solution will determine the longevity of the client. Whether you come short will deeply impact the relationship. Seek long-term investment. Do what you have to do in order to keep the client happy and a returning partner.

Use this downturn as an opportunity to present your problem solving skills. Allow your client to witness how you take care of them in a time of dire need. This is where you will want to go above and beyond in order to ensure the client continues to do business with you.

Tip: The solution must meet the clients vision. Make it happen.

Read: These are the best strategies to increase your sales

Never disregard your upset clients needs

The moment you disregard your clients needs is the moment you set yourself up for failure. You will regret your decision not do something about it years down the road when your sales are not performing well.

Disregarding your clients needs has such a negative effect on your business because it presents you don’t have what it takes to serve or find solutions. Running a business or having a career in sales in general, requires us to creatively find solutions within our industry in order to succeed and stand out from our competition.

When I had challenges, it taught me to be more on top of it for the future. Things go wrong all the time when you are running your own business, but it’s how you perceive it and deal with it that matters.

Lori Greiner (Shark Tank)

Read: How to start a thriving online business in 2021!

Learn from every experience

Don’t let small downturns affect your ability to perform well in your industry. Learn from every experience instead and evolve from every situation. You become a better problem solver when you learn from your experiences and also develop new strategies that can help prevent discrepancies in the first place.

Don’t get proud, this is the time to take the “L”. No matter if the situation was or wasn’t in your control. Grant Cardone says, “Always assume control of every situation”, so always take full responsibility.

The aftermath

how to deal with an upset client
Business teamwork – work with your client

Be there throughout the entire process. Guide your client through every step of the way and demonstrate you support their initial cause and needs. We’ve found that there are times where you can really prove yourself and earn an amount of trust from a client when you recuperate from your losses.

A client can really admire you from taking definitive action and pulling them out of a situation. Having a great attitude, great communication skill, and a definitive solution is key to dealing with an upset client.

Read: 6 amazing strategies to retain your best clients

Let me know your experience dealing with an upset client. Share your experiences on the comments section below!

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