Tag: Tesla Stock

Ray Dalio’s Bridgewater Just Bought AMC Stock and Sold Tesla

Ray Dalio's Bridgewater Just Bought AMC Stock and Sold Tesla
BREAKING: Ray Dalio’s Bridgewater buys AMC stock for the first time; sells Tesla

Another institution has bought AMC stock and sold another high-profile stock.

Ray Dalio’s Bridgewater fund just bought AMC and GameStop and sold Tesla shares.

I was watching the multi-billionaire talk about the economy just yesterday with Tom Bilyeu.

Bridgewater wasn’t the only institution that increased their stake in AMC stock this first quarter.

The largest pension fund in America (CALPERS) purchased an additional 155,992 shares by the end of Q1 this year, totaling the number of AMC shares owned to 775,392 shares.

It seems institutions are bulking up on AMC shares right before executive order 14032 goes into effect.

Things are getting very interesting.

Let’s discuss it.

franknez.com

Welcome to Franknez.com – if you havenโ€™t joined the newsletter, be sure to do that below. Iโ€™m publishing market news and updates daily.

Letโ€™s dive right into it!

Join the newsletter to become part of an activist group fighting for market transparency!

Receive weekly market news to stay up to date.

Bridgewater buys AMC stock for the first time

Bridgewater buys AMC
Ray Dalio’s Bridgewater buys AMC stock for the first time

Bridgewater disclosed an AMC stake for the first time in its latest portfolio update.

Dalio and his team bought about 27,100 shares of the cinema chain, which were worth $667,000 at the end of March.

The fund disclosed around 4,100 GameStop shares worth $689,000 as of March 31.

The last time it listed GME stock in its portfolio was more than three years ago, at the end of 2018, according to Market Insiders.

Bridgewater owned about 25,500 Tesla shares worth $27 million at the end of December, and held the stock in all four quarters of 2021 but cashed out its Tesla stock the first quarter this year.

Ray Dalio is an incredibly smart person.

Why an institution like Bridgewater is bulking up on AMC and GameStop shares has to mean something.

The ‘ape’ community predicted the big price runups that happened in AMC last January and May/June and are expecting a bigger runup this year.

Are financial institutions catching up?

Executive order 14302 goes into effect soon

Executive order 14302 is going to prohibit financial institutions from using Chinese securities as collateral on June 2nd, 2022.

The last time Chinese collateral was prohibited on January 27th, and May 27th of 2021, AMC stock surged.

Is this why institutions such as CALPERS and Bridgewater are buying AMC stock?

And while CALPERS did not buy GME stock this first quarter, it did buy 70,600 shares of GameStop during the last quarter of 2021.

I wonder what Wall Street analysts have to say about this.

After all, they made it their life’s mission to derail investors from buying these ‘meme stocks’.

Something tells me ‘dumb money’ might not have been so dumb after all.

But I’m curious to know what you think.

Are institutions on board with the data that says AMC and GameStop have massive potential for a short squeeze?

Leave your thoughts in the comment section of the blog below.

Frank Nez is on YouTube – Subscribe for more content.

You can follow me on:ย Twitterย |ย Facebookย |ย LinkedIn

Related: CALPERS Increases AMC Stake, Sells Netflix Shares

Renaissance Tech Increased AMC Positions by 800% and Sold Tesla

Renaissance Technologies AMC
Renaissance Technologies AMC – Market News

Jim Simmons’ Renaissance Technologies firm just increased their AMC position.

The firm increased its stake in AMC Entertainment by 87% alone just last quarter and trimmed its Tesla position.

RenTech is only one of many financial institutions who loaded up on AMC Entertainment stock early this year.

What does this mean for AMC Theatres and its shareholder base moving forward?

franknez.com

Welcome to Franknez.com – Philanthropist Jim Simmons’ RenTech just increased their position in AMC Entertainment Holdings. I want to talk about why this matters.

Let’s dive right into it!

Join the newsletter for your weekly market news report.

One of the biggest financial institutions buys AMC stock

RenTech is one of the biggest and best-performing quantitative investment management companies globally.

The investment fund increased its position in AMC by 800% over a period of nine months.

First it tripled its stake in AMC during the second quarter of 2021, then increased its position by nearly 40% in the third quarter.

During that same quarter Renaissance Technologies quadrupled their stake in Tesla but have trimmed some of their position in the tech company early this year.

RenTech now owns a total of 4,681,833 shares of AMC stock according to this SEC filing.

Jim Simmons is an American Mathematician and considered to be one of the smartest billionaires in the world.

He’s known for his philanthropic efforts in the education community creating jobs for math and science teachers.

Mathematician Jim Simmons

If Jim Simmons’ Renaissance tech is buying AMC Entertainment stock it should mean something.

Did this mathematician calculate something similar to what the retail community has been discussing about for over a year now?

It is certainly an interesting take since AMC is a short squeeze play.

What do you think?

Let me know in the comment section below.

But before you go…

Share this article on social media to raise awareness.

You can follow me on: Twitter | Facebook | YouTube | LinkedIn


5 Reasons Why Tesla Stock Is Falling

Why is tesla stock going down?

Woah, what just happened. Tesla was my most valuable stock. It was my most expensive stock at that. The company has lost a third of it’s value in only a matter of a few weeks. Retail investors are wondering what’s going on. Here are 5 reasons why Tesla stock is falling.

Welcome to Franknez.com

This is the place where you can browse through content on personal finance, business and sales, as well as investing topics. 

#1. Bull Investors Take Tesla Stock Profits

Bull Investors are taking Tesla stock profits

As Tesla stock continues to plunge, bull investors have begun to take profits on the way down.

This makes a lot of sense considering Tesla stock is mainly a stock most investors will trade once it hits high profit margins.

These same investors will then buy the stock again when it is at a bargain to buy. See, Tesla doesn’t pay it’s shareholders any dividends so there’s no loyalty to holding the stock during red days. Or weeks in this case.

Because of this massive selloff, we continue to see a major decline in the stock price.

#2. Tesla Has Real Competitors Now

Ford Motor Company Mach E Tesla Competitor
Ford’s Mach E

Competitors such as NIO and Ford Motor Company have taken lots of attention away from Tesla.

This means new retail investors are looking at a more affordable companies to invest in who also have massive potential in the EV sector.

NIO stock sits at $35.21 while Ford Motor Company sits at $12.65 as of March 8th. With these stocks being much more affordable than Tesla, it’s a more attractive option for new retail investors.

#3. Tesla’s Quality Issues Catch Up

Tesla's quality issues catch up
Tesla has had major quality issues

Our love for Tesla has had many of us actually ignore the fact that these vehicles have many quality issues.

Consumers who had addressed their concerns to dealerships were ultimately told there was nothing they could do about it.

Quality issues have included:

  • Gaps between body panels
  • Misaligned panels
  • Poor paint jobs
  • Chipped glass

Well now the company’s quality issues are catching up and consumers are looking at the shinny new toy, being NIO and Ford.

These quality issues are causing sales to dive as consumers have been exposed to these faults by current Tesla owners.

#4. More Than 135,000 Vehicles Are Recalled

Tesla recalls more than 135,000 vehicles
Tesla recalls more than 135,000 vehicles

Not only are Tesla owners experiencing quality issues, but now the company has recalled more than 135,000 vehicles with media control unit failures.

These failures led to the loss of several safety related features in Tesla vehicles (via. CNBC)

Unfortunately, this is bad press which as we all know deeply influences the movement of the stock market.

#5. Elon Musk on Twitter

Elon Musk on Twitter about Dogecoin
Elon Musk and Dogecoin

If you aren’t aware, Elon Musk has recently figured out that his influence on social media can sky rocket (pun so intended) the price of crypto currency.

However, serious shareholders might not take his enthusiasm so lightly as Doge coin is still primarily seen as a joke to most investors.

While Bitcoin is taking a much more serious approach in the finance world, Elon’s lack of concern for the volatility and participation of Doge has many investors questioning the face of Tesla’s moves.

And again, unfortunately this sort of negative perception isn’t favored by shareholders as it’s mainly perceived as reckless.

Is Tesla A Good Stock To Buy?

Franknez.com

We personally believe Tesla is still a great stock to buy and hold. The company has a lot of potential and even though Elon can be quite silly at times, he’s an innovator and a great leader.

With tech stocks dropping at the moment, retail investors might want to consider getting in while it’s low. Why? Because this stock will eventually skyrocket back up. Only this time it won’t be where we’ve seen it recently, but higher.

Trending: How High Can AMC Stock Price Skyrocket Up To?

© 2022 Franknez.com

Theme by Anders NorenUp ↑

%d bloggers like this: