Community members have been keeping a close eye on announcements, with many speculating AMC’s MOASS was just confirmed.
MOASS stands for mother of all short squeezes.
This is the big short squeeze retail investors have been patiently waiting for all 2021 and this year.
While the surge to $72 per share might have been significant, only a small percentage of short sellers closed their positions during this time period.
And while the information and dates detailed in this article might seem too coincidental, community members must always take such information with a grain of salt.
Let’s get started!
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!
Join the newsletter to become part of an activist group fighting for market transparency!
Receive weekly market news to stay up to date.
AMC Theatres cryptic tweet
Some of you might be familiar with Adam Aron’s ‘pounce’ tweet where he mentions a pounce will not occur before Q2 earnings call is announced on Thursday, August 4th.
In that tweet, he says to read between the lines.
But that’s not all, because more than week after the CEO’s announcement, AMC Theatres published an interesting tweet about the upcoming Brad Pitt film, Bullet Train.
“Epic fights, a bunch of assassins and #BradPitt all squeezed into a speeding train is the only commute I’ll happily endure. On August 5 take the trip to see #BulletTrainMovie…”
The date mentioned in the tweet is one day after AMC’s Q2 earnings report will be announced.
The ‘ape’ community was quick to read between the lines and call the cryptic message an AMC MOASS confirmation.
Films have been breaking record after record all year long.
With positive Q2 announcements plus another hit title, it’s very possible we see AMC’s share price soar, initiating short sellers to ditch the play and close their positions.
At least that’s what the hopes are for AMC shareholders.
Is a short squeeze guaranteed after the Q2 earnings report?
But is the possibility of big price action highly probable?
Given that the company has restructured its debt and has been dominating the industry all year, it seems very likely shareholders will see a rise in share price.
Will Wall Street lose again?
Retail investors humiliated Wall Street last year when both novice and experienced investors managed to beat financial institutions at their own game.
Hedge funds such as Citadel lost billions betting against retail.
Popular trading platform Robinhood nearly destroyed its reputation when it restricted retail from purchasing ‘meme stocks’ last year.
On the other hand, we have Gabe Plotkin’s Melvin Capital, who shut down this year after failing to recover from damages after shorting GameStop.
Analysts predicted the demise of AMC, giving it a $1 and $0.01 price target, only to get ridiculed by millions of investors after the company’s share price surged to $72 per share.
Today, AMC’s share price continues to beat every analyst’s price prediction.
What will happen if Wall Street is forced to eat crow again, as Adam Aron puts it?
Retail investors have evolved, and Wall Street is taking notice.
They are not happy about it.
For over a year now corporate media has attacked retail investors in the AMC and GME community, catering to unprofessionalism and giving big networks a bad name.
Desperate attempts to mislead shareholders into selling both company’s stocks has also been an ongoing failure for Wall Street.
Retail’s message is loud and clear, they’re not going anywhere.
FOX: “Only 6% of retail have sold stocks”
According to a survey conducted by ETORO, only a very small percentage of retail investors have sold stocks during today’s bear market.
FOX published the results.
65% of retail investors are currently holding their positions, 29% continue to buy stocks despite the market conditions, and only 6% of retail have sold stocks.
The large market selloffs we’re seeing today are primarily caused by hedge funds, according to Bank of America.
Retail investors aren’t budging, no matter how bad Jim Cramer wants retail investors to exit the stock market.
For more market news and updates, subscribe to the newsletter for weekly email alerts.
Support your favorite blog for only $4/mo.
Your support helps maintain all the costs it takes to run a blog at this scale.
The mission of this platform is to spread the truth majority of corporate media isn’t willing to, by giving the people in our community a voice.
Your dedicated support keeps this platform going.
Thank you for being a reader.
– Frank Nez