Tag: Yahoo

AMC Skyrockets More Than 7 Times Pandemic Levels

AMC stock news today
Market News: AMC dominates in Q3 as share price and attendance rises

AMC Entertainment stock closed today’s trading day up more than 7 times during pandemic levels.

When the pandemic closed movie theatres, AMC was trading at $3.19.

AMC stock closed at $23.67 on Wednesday.

Mainstream media has been menacing about pointing out how far out the movie theatre chain is from its all-time high.

And CEO Adam Aron is not happy about the misleading headlines.

The CEO took it to Twitter to express his concerns.

Here’s what’s happening.

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Mainstream media attacks

It comes as no surprise to see mainstream media publish headlines AMC is falling when in fact it is surging.

Or to read how far out AMC is from last year’s all-time high rather than the progress the company has made this year.

The conflict of interest surrounding institutional short sellers and the media is something that should be addressed more frequently.

Short and distort campaigns have focused on bringing AMC down in efforts to drive shares down.

Elon Musk has personally spoken out against short and distort campaigns saying it “takes advantage of retail investors”.

Here’s what AMC CEO Adam Aron had to say:

He says, “AMC is 11 times when we were written off for dead, 1/5/2021 $1.98 #TellTheWholeStory“.

Corporate media in the end is a corporation, an establishment that will cater to those who compensate them.

Though their approach may be unethical without a doubt, it’s up to retail investors to speak out and share pieces on the truth to educate their neighbors.

The Motley Fool, Yahoo Finance, fall in line

Yahoo Finance

The Motley Fool and Yahoo Finance have been one of AMC’s biggest media adversities.

For over a year now, both media sites have aimed to destroy AMC Entertainment’s reputation by painting a doomsday scenario around the company stock, CEO, and shareholders.

Other companies using short and distort campaigns to attack the movie theatre company include:

  • Benzinga
  • Seeking Alpha
  • InvestorPlace
  • MarketWatch
  • The Verge
  • CNBC
  • Barron’s

Independent blogs such as Franknez.com have been publishing the latter, the progression of the company.

Fox Business’s Charles Payne has also provided a positive attitude towards the development and recovery of the movie theatre chain.

But it’s the ‘ape’ community made up of retail investors who have been telling the ‘whole story’.

The true story.

So, what can investors do to combat mainstream media?

Share content from independent writers, share that activist’s tweet, and get the community’s voice heard.

That is what corporate media truly fears.

Related: How to Invest in The Stock Market for Beginners

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Here’s Why Mainstream Media Is Attacking AMC

Here's why mainstream media is attacking AMC
Why does mainstream media target AMC Entertainment?

If you’re new to the ‘ape’ community, you might be wondering why in the world is mainstream media attacking AMC.

It’s to the point where the shilling has become almost unnatural.

Why are they portraying Adam Aron a certain way?

Why are mainstream media portraying retail investors a certain way?

At first glance, snarky headings could potentially sway new investors from staying clear from investing in the world’s largest movie theatre chain.

But there is always the truth.

Here’s why mainstream media keeps attacking AMC Entertainment Holdings, Inc.

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Short and distort campaigns

The biggest way mainstream media is attacking AMC is through ‘short and distort’ campaigns.

Elon Musk said in a CNBC interview hedge funds have used short selling and complex derivatives to take advantage of retail investors.

The complex derivatives Elon is referring to could be an array of things such as options trading, HFT, swaps, borrowed stock, and even naked shares.

So, where does mainstream media play a role in all this?

The Tesla CEO says hedge funds will short a company, conduct negative publicity campaigns to drive the stock price down, then cash out and do it multiple times over.

This tactic is what’s known as “short and distort”.

Hedge funds impose their influence on corporate media such as The Fool, Wall Street Journal, and MarketWatch to scare people out of their money.

Here, writers get paid to write about a certain topic or narrative, hence the conflict of interest.

The Motley Fool: Forget AMC
The Motley Fool: Forget AMC

Here are a few titles published by one of the biggest participants in ‘short and distort’ campaigns, the Motley Fool:

  • Forget AMC: Is Clover Health the New Reddit Stock That Will Make You Rich?
  • Forget AMC Entertainment: These Stocks Will Make You Rich
  • Forget AMC and GameStop: These 2 Popular Robinhood Stocks Are Better Buys
  • Forget AMC: Consider This Streaming Stock Instead
  • Forget AMC and GameStop: This Stock Could Double Your Money

And the list goes on and on.

These types of headlines cost investors who didn’t take a position a lot of money.

While mainstream media warned investors of AMC, Franknez.com was saying to buy AMC when it was at $5 per share, the stock soared more than 3000% months later.

Hedge funds have always colluded with the media to drive share prices lower by publishing hit pieces speaking negatively of a company.

Not only has mainstream media attacked AMC with headlines but has strongly recommended the public to stay away from it.

Connecting the dots

Yahoo Finance AMC Stock
Yahoo Finance AMC Stock

AMC Entertainment stock has been one of the most viciously attacked stocks in the market.

This year alone, AMC has topped 16.5 million FTDs through May.

It’s no secret AMC was close to going bankrupt during the height of the pandemic.

A path to recovery seemed bleak – so short sellers naturally gravitated towards the stock.

The goal?

To short AMC Entertainment out of existence, profiting with no tax accountability.

But that vision was shattered when retail investors bought the stock en masse, forcing some shorts to close their positions and sending AMC’s share price to a new all-time high of $72 per share.

Mainstream media tried to derail investors from buying the stock throughout the entire journey.

See, MarketWatch, Wall Street Journal, Barrons, and other shill platforms are owned by News Corp.

News Corp. is the biggest news conglomerate in the world.

Citadel’s Ken Griffin, who just happens to have one of the top 10 institutions shorting AMC Entertainment, also has a stake in News Corp.

The conflict of interest is undeniable.

Other platforms partaking in short and distort campaigns include Yahoo Finance, InvestorPlace, and The Motley Fool.

Isn’t AMC over? Why does it matter?

AMC Short Interest

AMC isn’t over, which is why mainstream media continues to attack the century old movie theatre chain.

The short interest is still very high.

When AMC’s share price rose to $72 per share, its short interest dropped from 23% to 20%, and then to 14%.

AMC’s current short interest is back up to 22.63%, updated daily here.

And mainstream media will do whatever it takes to protect its clients.

They won’t touch topic on the short interest or address predatorial short selling strategies used to drive the share price down.

They’ve used AMC’s recovering fundamentals to bypass everything else.

But even then, AMC’s fundamentals have improved drastically, shocking Wall Street today.

The fact is AMC continues to be a short squeeze play in 2022, and mainstream media doesn’t want the public to know this.

Hedge funds already lost billions last year, with some even closing due to the damages caused by ‘meme stocks’.

Those who know, know.

If you’re interested in learning more about AMC and the community, be sure to join the newsletter, or connect with me on social media.

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Related: Here's How Shareholders Can Trigger an AMC Short Squeeze

Yahoo Pumps Fake AMC Token Created by Scammers

Yahoo Pumps Fake AMC Token Created by Scammers

Recently we’ve seen an AMC token surface in the ‘ape’ community known as TAMC, or $xAMC.

Do not fall for this scam.

This is in no way, shape, or form from the community or by the community.

Does it come as a surprise that Yahoo is pumping this fake AMC token?

Not at all.

Yahoo Finance has been attacking AMC, GameStop, and the community for over a year now since the short squeeze topic has created a movement in the retail community.

This is a different type of low.

Let’s break it down together.

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

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Yahoo promotes fake AMC token created by grifters

AMC Token

The AMC Token, aiming to be the next 1000xgem in the crypto space, is starting its adventure with a unique fair launch event held on April 30, 2022, on Pink Sale Finance official link attached below; the invitation is for all the interested Apes/Investors to this extraordinary event.” – Yahoo Finance

Yahoo is promoting a fake AMC token that has the potential to destroy investors’ finances.

The mere pump of such a scam by a mainstream platform such as Yahoo is quite disturbing.

We’ve seen corporate media deteriorate their reputation amongst the retail community in the past year and months.

Agendas such as this one is not uncommon as the media has been trying derail investors from buying AMC stock; hoping to extinguish any chance of a short squeeze.

Who started xAMC token?

Grifters is the account promoting the fake AMC token on Twitter.

The user recently joined the social media platform only one month ago, no surprise there.

The definition of a grifter on its own is already a con-artist, or a dishonest gambler.

Here we see a puppet on social media promoting this page’s scam within the ‘ape’ community.

Grifters scammer

This account joined Twitter in April of 2022, this month.

They ‘like’ and retweet comments from retail investors in the ‘ape’ community but only promote this fake AMC token.

xAMC token

Yahoo says the AMC Token fair launch aims to craft a wider distribution and an effective price discovery.

“The project will not set a dollar price for the tokens; demand and supply in the fair launch event will. No Pre-Sale, Initial Coin Offering, Seed Round, or Whitelist before fair launch is completed; everyone has the same opportunity to acquire The AMC Token (TAMC) from day one.”

Why is Yahoo pumping this token from grifters?

I’d love to hear your thoughts in the comment section.

Just please keep it clean for Google.

Grifters helps scammers with their technical and marketing needs while helping them rug pull at ease.

A rug pull is essentially when a token is pumped and then the creators dump all the tokens cashing in from the pump while everyone else loses all their money.

Similar to what we saw with dogecoin influencer Matt Wallace on his own token earlier this month.

Yahoo and scammers promote Ethereum network on fake token ‘by apes’

Both Yahoo and scammers are promoting the fact that this AMC token is using the Ethereum network.

The excerpt above is from Yahoo.

This image of the token pumping has been promoted on Twitter to get retail investors in the ‘ape’ community interested in this scam.

As you can tell from the image, the AMC token is displayed as xAMC/ETH since it is indeed based on the Ethereum network.

The screenshot is from the grifter community, also being promoted by Yahoo.

Here is Yahoo’s article touching topic on this scam.

What’s curious is that Yahoo has never spoken out against malpractices in the system but hits it on the nail as they promote this scam.

The image is embedded for record purposes.

Don’t get scammed by Yahoo and Grifters

Community, campaigns such as this one will happen in order to divert retail from maintaining focus on a short squeeze play.

What does this tell you?

The suits behind these campaigns are in a world full of pain.

Retail investors have caused hedge funds to lose billions of dollars on heavily shorted stock such as AMC and GameStop.

Should this tactic be illegal?

Absolutely.

But it isn’t.

The best thing you can do for you and your family is to do your research first before jumping in on a scam such as this AMC token being pumped by Yahoo and social media grfiters.

Share this article to raise awareness in the community.

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