The video game retailer began the year with a stock price of nearly $20, and by the end of January, it had risen to $483 per share, resulting in the historic short squeeze. There are short positions after the $40 one ending this month at 30, 20 etc. Founded in 1920, AMC Entertainment is a movie theatre chain with operations in multiple corners of the world but with a predominant presence in the United States. Single for holding 9 shares I wish you the best. I really hope this works out for you and your children!!! Thanks for commenting Mark. They did it once and I dont doubt if the money to them is right, that theyd do something to bail out Citadel again. My well to do buddy jumped in on 20,000 shares and I did what I could to to keep up and started with 10,xxx and am now a total of exactly 14,200 shares. AMC stocks reputation as a retail favourite, and the previous short-squeeze event in 2021, makes investors wonder if a AMC short squeeze could happen again?. I thought we were nuts after a while but seeing others out there with their big hairy Ape nuts on the line (Hairy Ape tits I guess for the ladies), I got a small feeling of comfort knowing were not alone. [Short Interest Data]. However, Wedbush continues to rate the stock as underperform, while maintaining a price target of $4 a share. The highest AMC stock prediction stood at $34 and the lowest at $4. To the moon brother . The hedge funds deserve whats coming to them. According to Piero Cingari, analyst at Capital.com, AMC is a classic risk-on stock, sensitive to market mood. I hold with my Ape family. When AMC's short interest dropped from 22% to 14% (6 points), the share price rose to $72 per share. When AMC squeezes, not every short will close their positions immediately. In this article, were going to go over some of the latest developments in AMC, its history since redditors took over, and an AMC short squeeze update for the year of 2023. #HOLDING, One thing is certain, this is going to happen for you . Melvin Capital got bailed out last year. Los Angeles Times), but AMC movie theater attendees have increased drastically in 2023. AMC stock price predictions range from $1,000 to $100k+. Shareholders continue to buy and hold the stock. The mission of this platform is to spread the truth corporate media isnt willing to, by giving the people in our community a voice. Love all your content Frank. AMC hasn't seen a short squeeze As the chart below shows the number of shares being shorted fell significantly in late January (the gold line) when the stock had its initial pop due to. Similarly, Anchorage Capital also closed its doors after betting against AMC stock. I am struggling and fatigued I just want everyone to buy, hodl and when squeeze happens keep buying I got told off by other apes for saying Id sell my 23 shares at 1k. Hedgies churning the market The last thing you want is to see your gains turn into losses. [ARCHIVE DATA]. Are we going to witness another similarly decisive tactic utilized to protect the short interest from suffering the consequences of justice for their corrupt & evil trading techniques that exploit, manipulate, and control the world? Im hodling 70 shares bought in February and will buy some more tomorrow! Recently, AMC Entertainment announced a special dividend consisting of preferred shares that may be converted into common ones if shareholders approve this move. To the moon brother , have been working 7 days for so long only to never save more than 200 a month. 500 shares and holding strong..To the moon we will go.. At 375 shares currently and recently divested from all long positions purchased last March when the market dropped. Incredible cheers to you Maria, keep strong . I have 2500 shares. We need to BUY at the top and not at the dip. Capital Com SV Investments Limited, company Registration Number: 354252, registered address: 28 Octovriou 237, Lophitis Business Center II, 6th floor, 3035, Limassol, Cyprus. Hey Frank, great info. Its a movement in saving businesses and fighting government corruption. AMC has started to see a decrease in its high short interest over the past three days after shares jumped above $12. Because AMC is heavily shorted at 22%, this is a short squeeze play in 2023. The hedge fund was scheduled to close in June of 2022. Dont confuse gains and momentum with a short squeeze. As for. Then a group of retail investors in an online reddit forum WallStreetBets realised that there was an opportunity for a short squeeze (details here). Short squeeze has not contributed to AMC's recent rise Dusaniwsky estimates that 89.6 million shares are shorted or 20% of the 448 million shares. These positions were worth around $2.67bn back then. Thats beautiful, Concetta. Retail investors believe AMCs next price surge will set a new all-time high from its current of $72 per share. AMC goes bankrupt and the hedgies win (please note this is not going to happen. For those who thought AMC was a dead company, think again. AMC100K!! Becoming debt free is one of peoples biggest financial goals, love it. Here's a List of 9 From Reddit - Franknez.com, When AMC Squeezes, How Will You Use The Money? 107. Cmon bro. Only a few months after, in May 2021, AMC stock soared from around $9 to as much as $70 as coordinated efforts from retail traders managed to push the price to a point that forced short sellers to cover their positions. Im just in it for fun and will more than likely distribute gains back into AMC and charities. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Subscribers. This money is going to change everything for us. Hello, I am from Germany! -federal reserve IS the banking system and not a real government entity. Ann Marie. Frank, I think we, the APEs, need to start putting on real pressure on the HFs. I am a teacher. Only five analysts were covering AMC Entertainment stock according to data from MarketBeat, as of 11 August. Cuz I love the stonk! Don't expect any serious gains while interest rates are high and the company continues. God Bless you! The initial motivation to invest in GME was, apparently, based on the judgment (see here and here) that GameStop was undervalued so the short sellers had made a mistake. Basically a stampede of shorts trying to. Hedge funds who try to go against the retail wave will get burned, This is a huge win for retail investors over smart money Wall Street, Unless shorts close their positions, hedge funds may suffer big consequences again, Todays borrow fee rates are higher than they were in 2021 when AMC surged to $72 per share, An AMC short squeeze might be closer than we think, They held their positions during the ups and downs, Investors shared information relating to a short squeeze (such as this article, 2021) to raise awareness, Kept tabs on charts to know when to buy (during drawdowns), AMC Entertainment has raised more than 2.2 billion dollars in cash, 90% of AMC theaters in the United States are now open with New York and Los Angeles finally reopening, Vaccinations and policies are making movie theaters safe, New movie titles are guaranteed to increase sales revenues, CEO and President Adam Aron expresses an optimistic future for AMC Entertainment. Expect, as we move closer to end of month, that hedgies will do everything they can (illegal stuff too Ken Griffen has been admonished a few times before for illegal stuff but hes still around and has multiplied his assets in recent years). Short interest in both companies have declined from where they were months earlier, and higher average daily trading volumes will make it easier for potentially panicked short-sellers to find. Crucially, according to some market experts, a short squeeze is not necessarily spurred by the percentage of float that is short - 23% in AMC's case - but rather by how much short. I would love to hear your thoughts and brainstorm ideas with you. You can keep tabs on AMCs short borrow fee as it changes every day via. Holding exactly 776 shares. Research shows Judge Cecilia Altonaga had aclose connection to the defendants law firm, insinuating a conflict of interest in the case. AMC has been unable to make a higher high since then. 1. These are the tags. Of course I would like to use that one, being that this event could be life changing, and I want to make sure i get all my money when the time comes to sell. FrankNezits Robinhood, not Robing Hood. AMC continues to be heavily shorted through dark pools and other market manipulation tactics. The price has to be driven up enough to where the shorts have to take action to protect their portfolios. We also now have more data then ever before that indicate a massive short squeeze is almost certain to happen. You should see the popup when you visit the blog! Only 320 shares at the moment but still adding slowly, if it only squeezes to $1000 I can be debt free own our house outright and do some renovations. Im a amc share holder! AMC has very high short interest The most basic requirement for a short squeeze is undoubtedly present in AMC shares: high short interest. Nancy Pelosi bought some a couple days ago and her husbands fund bought a boat load. If we all hold strong we can change the lives of fellow apes who have 100 shares or less. Although I am worried about what will become of the world economy. Maybe, just maybe, this apette will find a way to retire sooner. Tags. If you missed the conference call you can view it here for your viewing pleasure. Past performance is no guarantee of future results. If an AMC short squeeze doesnt occur, AMC stock price will still go up allowing shareholders to make at least some sort of profit. It is important to keep in mind that the days to cover metric back in the first half of 2021 was 1 or less, but that did not prevent an AMC short squeeze. Massive dividends! Much love and respect to all that want a better, unified United States! This is no longer 1k floor. We will prevail . Plus I of course would like to live a better life for my daughter and myself and bring her brother home. Capital Com is an execution-only service provider. Ill continue to work and continue to invest until my investments can cover our lifestyle. The real causes suggest that the rallies in AMC stock and other "WSB names" are. Short sellers continue to target AMC and APE shares due to a long list of both macro and micro headwinds. 10K-50K . As many as 102.3 million shares of AMC Entertainment were sold short by 28 May 2021, according to data compiled by MarketBeat. Shareholders continue to buy and hold the stock. No need to spread hate to other people. - Franknez.com, How High Can AMC Stock Price Skyrocket Up To? With AMC's second-quarter earnings behind us, the news of strong domestic box office receipts could be the next trigger of a short squeeze in its stock. AMC Entertainment is still heavily shorted. The price could certainly double next week. losed Joint Stock Company FinTech Solutions, What is AMC Entertainment? 13000 shares of AMC and Im holding to see one of the greatest transfers of wealth from the 1%ers. I can now have some faith in journalism again, I appreciate the comment Greetings from the U.S to our readers in Germany , Im new to investing but I have 10 and still buying. During this period, the share price of AMC dived to as low as $1.90 roughly three-quarters of AMCs pre-pandemic value. Hoping for 1000! This is considered a way to circumvent the limitations that shareholders imposed on the Board of Directors to prevent them from diluting existing owners through at-the-market offerings. While shorts might have the capability to short AMC stock, this is only temporary. Lets protect our children from a hate-filled education system that could indoctrinate generations. So hopefully this money will be able to take care of all things. -this could go on indefinitely as new short positions are created bc hedges know normal people get impatient and scared. Ultimately positive and uninfluenced news on AMC. Ive never stopped working since I was 8 years old selling newspapers. thats probably where things get crazy. "Mother of all short squeezes" Famed AMC trader Trey Collins said a couple of weeks ago, in an interview with CNBC, that he believes a new short squeeze in AMC stock would soon take form . My sons medical tution fee may be here. In this same period, revenues from admissions moved from $302.5m (Q2 2021) to $1.09bn, while food and beverage revenues more than tripled compared to the same period a year ago at $649.2m. I am burdened with student loan debt. Get off of Robin Hood they will Rob you and they are affliated with Citadel!! Why are people transferring? However, Adam Aron has brought awareness in an interview with Treys Trades that this selloff from Wanda is simply policy from China. These usually occur from call options closing in the pocket resulting in heavy buys or purchases in the market. Do your own due diligence. 2500 shares strong! Then starting my own business. close connection to the defendants law firm, https://franknez.com/naked-shorting-is-making-its-way-to-mainstream-media/, https://franknez.com/an-excellent-amc-exit-strategy-guide-short-squeeze/, https://franknez.com/why-new-retail-investors-investing-in-amc-should-avoid-robinhood/, https://franknez.com/how-to-invest-in-the-stock-market-step-by-step-for-beginners/, Why New Retail Investors Investing in AMC Should Avoid Robinhood - Franknez.com, Is Now a Good Time to Buy AMC Stock? 1k is February numbers. We also have a better-than-expected second-quarter earnings report that could. Hedge funds are losing billions of dollars shorting AMC now, via CNBC. Were not the ones paying interest in this game! Hows it going? This means you have time to identify when to sell as the stock goes up or down. According to highshortinterest.com the short interest in AMC on January 29th is currently 79% . I plan on selling my c bananas hopefully at $100 plus to cover my banana purchases and have some to stow away in a rainy day fund. Thank you for this article. Thanks to exceptionally high short interest in AMC, the stock's recent rally has pushed cost-to-borrow rates into the stratosphere increasing the chance that short sellers get squeezed.. Single mom of 2. AMCs short interest data shows us the stock has the perfect setup for a short squeeze. About 28 channels for "amc short squeeze live" Searched among 12,206,645 Youtube Channels in global. Now holding 1000 shares and excited to see what happens! A candidate who know history and can stand up to rigorous fact checking. Keep in mind that AMCs share price during the booming party economy of 16 was roughly around $30 per share. A squeeze could last several days though. Ive heard people say it could skyrocket into the 5 and 6 digits, and if thats a real thing, itll put me into a position to get my children, my family into a home they deserve <3, Welcome to the community Zach, happy to have you here. I have 1020 bananas in movie tickets and still holding 30 bananas in video games. Regarding shorts closing, retail investors need to squeeze them out of their positions by holding their positions and helping increase AMCs short borrow fee. This in turn has increased revenue and helped AMC Entertainment pay off more debt in the past two years. I can totally relate with the whole calculator thing Ann, lol. In 2022, the stock market has been mired in an ongoing correction that has hit growth stocks and overvalued companies, like AMC, especially hard. Sosnick says AMC is in a very special situation because of the proposal to merge APE with AMC common shares. 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