Tag: Short Squeeze (Page 2 of 24)

Will MULN Stock Reach $1 Before Its September Deadline?

Will MULN stock Reach $1
Market News Daily: Will MULN stock reach $1?

Mullen Automotive (NASDAQ:MULN) stock avoided getting delisted when it failed to meet Nasdaq’s dollar bid requirement; will MULN stock reach $1 before its new September deadline?

Nasdaq approved a 180-day extension for Mullen Automotive to meet the minimum $1 bid price per share.

On Sept. 7, 2022, Nasdaq provided notice to the Company that, based on the previous 30 consecutive business days, the Company’s listed common stock no longer met the minimum $1 bid price per share requirement as set forth in Nasdaq Listing Rule.

The Company was provided 180 calendar days, or until March 6, 2023, to regain compliance.

If Mullen stock fails to trade above $1 for a minimum of 10 consecutive business days prior to Sept. 5, 2023, the Company will implement a reverse stock split to cure the Deficiency prior to the expiration of the additional 180-day compliance period.

MULN shares dropped below $0.20 on Thursday, currently trading around $0.18 per share.

The stock is now down -41% after analysts gave the company a +7,000% prediction for 2023.

This was around the time MULN stock was trading at $0.32 — giving Mullen Automotive a price target of $24.

Despite positive developments in the company, Mullen’s share price continues to plunge.

Shareholders say Mullen Automotive may have become a target to naked short selling.

Are Investors Still Bullish on MULN Stock?

Yet another reason why investors believe MULN stock is being naked shorted, all signs still point towards bullish sentiment — buyers still outweigh sellers.

For the entire year, we’ve seen the call options volume distribution lean heavily more towards calls, and indication investors are betting on the stock to rise.

And although volume has recently come down from earlier this year, call options continue to dominate put options in the derivatives market.

Investors are clearly bullish on MULN stock despite the massive price decline in the past months.

On Thursday, we’re seeing calls volume outweigh put options by more than 19K in volume.

In the past we’ve seen hundreds of thousands of call option volume outweighing put option orders.

New buyers of the stock have also recently come into the market.

MULN isn’t as heavily shorted as AMC or other retail favorites, yet it’s price seems to be getting suppressed like these other ‘meme stocks’.

Will MULN Stock Reach $1?

Market News Daily: Will MULN stock reach $1?
Market News Daily: Will MULN stock reach $1?

Something we’ve seen in earlier this year is that heavy buying pressure has been able to move the stock up — all it’s going to take for MULN stock to reach $1 is enough buying momentum from retail investors.

But many shareholders liquidity pool has also begun to dry up, with many being long-term buyers who are deep in unrealized losses.

However, new investors may be able to profit on a move from current levels up to $1 per share.

Here’s a statement from Mullen Automotive’s CEO in regard to the company stock reaching $1 per share.

“Consistent with my message to our shareholders, we will use our best efforts to regain compliance to meet Nasdaq’s requirement for a $1 minimum bid price,” said David Michery, CEO and chairman of Mullen Automotive.

Will you be buying MULN stock in efforts to capitalize on a price surge to $1?

Or are you simply holding and hoping for the best?

Leave your thoughts in the comment section below.

Your voice is powerful, please share this article to raise awareness.

Related: MULN Stock Avoids Getting Delisted for Now

Market News Published Daily

Market News Today - MULN reverse stock split
Market News Today – Will MULN stock reach $1?

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AMC Failure-to-Delivers Are Skyrocketing Through the Roof

Market News: AMC Failure-to-delivers rise in February.
Market News: AMC Failure-to-delivers rise in February.

AMC failure-to-delivers (FTDs) have been begun to rise again.

FTDs topped 6.8 million in February (non-cumulative), amounting to more than $36 million in failed to close orders.

The data is still being reported which means there’s a possibility we may see higher FTDs once February’s entire month has been processed.

AMC failure to deliver
AMC FTDs – Stocksera.

FTDs, or Failure-to-deliver occurs when one party in a trading contract (whether it’s shares, futures, or options) fails to deliver on their obligations.

These failures derive due to buyers not having enough money to take delivery and pay for the transaction at settlement.

In the case of sellers, it means not having the goods to meet that transaction.

Failure-to-delivers can occur in options trading or when selling short naked, per Investopedia.

According to Investopedia, AMC failure-to-delivers can also occur if there is a technical problem in the settlement process carried out by the respective parties (clearing houses).

Investors say there’s a major conflict of interest when Citadel Clearing LLC processes retail orders worldwide.

Are AMC’s FTDs a result of naked shorting?

Majority of the retail community seems to think so.

Companies are even beginning to take legal action against the predatorial short selling strategy.

GNS CEO Shares Petition to End Naked Shorting

Recently, Genius Group ($GNS) CEO Roger Hamilton shared a petition to end naked shorting in the market.

The Naked Shorts War activist urged the retail community to sign it in efforts to raise awareness of manipulative tactics that occur in the market every day.

“They’re predators. They’re doing something illegal, and we want it to stop”, says GNS CEO Roger Hamilton.

The Board of Directors of Genius Group Limited, a leading entrepreneur edtech and education group, approved at a meeting of the Board held on Wednesday 18th January 2023, an action plan to address illegal short selling of its stock.

AMC shareholders have criticized AMC CEO Adam Aron for not addressing the manipulation in AMC Entertainment stock.

This action plan includes creating a Board-led ‘Illegal Trading Task Force’ to actively pursue all possible actions together with the regulators in their discovery and prosecution of persons engaging in market manipulation involving the ordinary shares of Genius Group.

Waging war against naked shorts is something that won’t succeed so easily, but raising awareness is a sure way to start.

Related: $GNS, $MMTLP, Taking Regulators and Manipulation Head On

Are All AMC FTDs Caused by Naked Shorts?

SEC Chairman Gary Gensler has said in the past that FTDs aren’t always the result of naked shares — but that’s as much as he’s mentioned the term.

FTDs can also result in buyers not having the funds to cover costs during execution of a security, though for retail investors this is a very unlikely scenario.

The stock market has seen its fair share of manipulation throughout the decades.

Institutions can spoof the market with ‘naked shares’ to move the price without ever having to take accountability for any real asset.

They can also lend shares they don’t own as IOUs and never have to take accountability when it comes to delivering them but rather simply reporting them as failure-to-delivers.

So, there are certainly loopholes our regulators must take into account.

And as far as the retail community is concerned, our regulators know all too well what’s occurring in the market.

Putting pressure on these regulators could be the first steps towards creating real change in the near future.

Retail investors might just be the ones to make history this decade.

Related: The SEC Green-Lighted Naked Shorting of IPOs in 2015

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AMC Stock Is Now Making Higher Lows This Year

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.

AMC Trend Chart
AMC Trend Chart – Franknez.com.

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.

Leave a comment down below.

Related: What is The Likelihood of AMC Squeezing Any Moment?

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What is The Likelihood of AMC Squeezing Any Moment?

Likelihood of AMC Squeezing
AMC Short Squeeze News – AMC Short Squeeze Update – Franknez.com.

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.

AMC Gain Porn
Reader sees $720K in profit from AMC gains – Franknez.com.

AMC Gain Porn
Reader sees $150K in profits from AMC stock – 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?

Market News: AMC short squeeze update.

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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Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?

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11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.



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