AMC Stock - the daily AMC update video.
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What's up growth gang? It's your boy, trey coming back again for another freaking video and it's gon na be a kind of a different one right. I could go over the ortex data, which really hasn't changed a whole lot. I can go over the call options data. I can go over the ta, but the truth is you're in the middle of a new trend, beginning phase and i'd much rather kind of uh pass along a message and some feelings that i've got about this uh this stock and uh.
That's kind of what i want to focus on, but before we get into that, what is up everybody, one of the trades trades we freaking talk fast and don't skip classes like a preface by saying i'm gon na find advisor experts. So take what i say: the grain of salt, let's get into the video so before we get into the main thing that i want to talk about. Let's start off here with just talking about what happened here today. Right, the short interest didn't really change a whole lot.
It's sitting at 18.77, not a huge changes based off of 85 percent of the exchange reported data. That's what you need to know about that sort of situation right, not a lot! That really happened up point zero. Seven percent eighteen point: seven: seven percent current short interest: a free float, that's what you're rocking with and the actual stock price. Today it followed a trend to some extent, but this the movement of that trend.
That's what i want to talk about and that's what i want to get into more so in this video, but you got to bounce out of this demand zone right. I was about 15 ish cents off and where i thought this would get some sort of uh, hesitation or rejection, and that was at this zone right here. The supply zone mapped out right about 48 dollars and 80 cents, or so rejected off of that it came right back down into that demand zone where you're hoping for a bounce back up right. That's the bold case scenario.
Is it going to bounce out of that demand zone to have a new beginning of a trend setting those overall higher lows, but what i want to talk about more so today is the price action right now. I want to point this out to you. I think back a lot on january right. Why did i get into this plane? Why did i start talking about amc? Why did i decide to make this into what it is and to, if you're new, to the channel right, you weren't here back way back when i freaking started talking about amc, i want to show you this.
This was back on january 28th. What happened this day right? You got this beginning, awesome freaking squeeze up. It ran up to 25 next day it came up to 22 and then it got rid of the buy button. Now, if you're a new ape, maybe you don't you're, not tracking what that is? It's an asinine thing to think about right.
They got rid of the buy button. The entire way the stock market works is it's based on supply and demand of buyers and sellers there's a huge influx of buyers that want to push a price up on any given day. You know so be it, then the price goes up. That's the way that things freaking work with the economy, but they got rid of the buy button. They got rid of that supply and demand. So there was only supply. There could only be selling pressure instead of that demand to buy up that supply. That just shoots things straight down into freaking the shadow realm man, and when that happened, my account got liquidated.
I lost a piss ton of money back in the time. It might not seem like much now, but i lost a good freaking chunk of my net worth. I had about 40 grand in my account, and i was left with about 10 000, 8 000 and it sucked - and i was pissed. I was passionate about that and i still am passionate about that and days like today.
Remind me of why i got into this stock right now, there's a saying that i think is very interesting. It's that everybody is a slave to something now. Why would i even bring that up right now, if you look back at the way that the entire stock market's been run right? How does this whole beast kind of operate? The majority of big moves in the market up or down is decided by where big money decides to move stocks. Now, with amc, it's a peculiar situation because about eighty percent of the free float is owned by retail investors and the retail investors primarily move this stock.
But if you look at the entire stock market right, where do the big buyers and the big sellers move prices? It's the institutions right, they're, the ones who decide the price of any individual security on any given day. Now, if you also think about where money primarily is focused within the country with the united states, at the very least, the majority of the us economy's wealth is distributed, atop the top one percent right, the top one percent controls the majority of money that moves back And forth between anything - and that brings me back to everybody's a slave to something some people might be a slave to freaking, nicotine that might be a slave to alcohol. It might be a slave to the relationship. There might be a slave to anything right.
The retail investor for decades and decades and decades has been a slave to hedge funds. Now think about that, why do i say that? Because if they get to decide on any given day the way the stocks move up and down right? What does that mean? It means if they want to bankrupt the company, because they decide that they don't want to pay taxes. They they just they don't want. They want to short it into oblivion.
Despite the the freaking ramifications that it might have on any sort of retail investors on any sort of retail workers, i'm real freaking people, they do it. They do it anyways, because that's what they want to freaking do, and that makes the retail investors slaves to the hedge funds. Now that might sound pessimistic, but the reason that i say that is because that is the reason i got into this play was to make noise. That's why i stayed in this plate. That's why i talk about it to this day. That's why i i put myself out there to be a punching bag to all the people who uh who are frustrated on a day-to-day basis, right retail investors, the apes on any given day right when you, when, when people out there are doing the spider-man meme they're Pointing fingers they're looking at a million different directions right. Where does this all derive from right? It's not from you, it's not from the retail investor who had to feed his family, so he sold 100 shares or a thousand shares. Even it could be.
10 000 shares. That's not the guy, that's not the guy right! It's these guys! It's the apes, not the apes. It's the freaking whales out there who who latter down stocks like this and scare, the piss out of people who maybe just bought here at 48 for the first time. Maybe there's a there's, probably a new ape out there who bought a 48 bucks for the first time - and this was an experience.
His experience was a literal straight ladder down freaking four dollars right now. I don't throw around the manipulation word a lot back in the early days of my channel uh when i was out to be frank, still learning a lot of things. I'd say it a lot and i think, obviously, with amc there's a his ton of manipulation and corruption. You've got freaking nate naked short selling ladder attacks, the high frequency and algorithmic training that takes place here, some of it honestly hidden short interest in the derivatives market.
With puts the the freaking collusion, the infiltration, all the tactics that these hedge funds use to freaking, try and drive the stock price down is disgusting, it's absolutely nasty, but this is just blatant right. That's there's nothing natural about the price action of this sort of move, and i i know i'm new right. I've been in the stock market for a little little a little over a year or so and within that time, right i've paid attention to a lot of things. I stare at charts for hours and hours every single day.
These are not natural moves. It's not! You do not have this like think about this psychologically speaking. Technical analysis is the study of the psychology of people. The emotions of people are being played out in front of you on a chart on any given date.
Right now, i do think ta is useful. Most of the time within the stock right, i'm never ever going to argue against ta being useful because it's predicted a lot of the big moves to the up and the downside have been able to do that through technical analysis. But there are anomalies such as this, where true it did track the model that i kind of had mapped out here, but the the path that it took to get there right. That's it's just not natural! You just don't see this sort of thing.
You don't see this sort of thing, it's because you just don't have a stock, that's owned by 80 retail investors, all flipping it the moment that it's at freaking, decent highs, intraday highs right, there's just nothing! There's nothing about that! That makes sense. There really isn't no way you cut it even with that supply zone, which is where you'd expect rejection. You don't expect to see an exact ladder down like a picture-perfect ladder down like this, and that brings me to how i want to close off this video right. Everybody's got a why maybe you're an amc to make some quick money. You want. You want this to squeeze. You want to take care of your family. You want to go on a vacation.
Maybe you want to just want to be a part of community. You want a home, maybe you're an amc, because you just love movie theaters. For me, this is my. Why and all that i do is.
I challenge you to think of your own. Why, behind anything when you get into anything in life, have a? Why have a reason and mine's very simple my? Why is this sort of right here makes me mad. It makes me really mad because i i'm in a situation where i can understand these sort of things happening, but they're going to be people out there, whose first day in the stock market are these sort of interactions. This this is going to be somebody's first day.
It's going to be somebody's first day that bought amc and they get to experience this right. The absolute blinked nonsense. You know: i'm never gon na forget this sort of stuff, i'm never gon na. Forget them taking away the buy button.
I'm never gon na. Forget people going on freaking fox business and cnbc trying to shill out a bunch of other garbage stocks that pull people away from from this. You know and sure you can day trade different stuff and make out pretty decent. You know, but there are people who don't know better and that's that's, who they're trying to take advantage of it's the retail investors out there, the new guys who are wet behind the ears, they're freaking, green bean and they're learning.
You know, and they just them. They do and it pisses me off, and that's why this trade matters to me, because it stands against that. It's noise against that right. It's it's people showing up to the plate to tell them! Listen! I see this nonsense.
I'm buying the stock. I, like the stock you're, not gon na, make me back off from this. You know that's what this trade is for me. It's a community standing behind a united cause trying to fight for something that really should not exist in this world.
In this u.s economy, the entire u.s economy, the more this is how i'm going to close it, the entire u.s economy. The more i dig into the stock market, i learned about things was designed to keep people on the top, and if you want to change the way that the system's built, it's not gon na, be those guys on the top to do it. For you, it's gon na, be you it's gon na be a lot of little guys. It's gon na be a bunch of little guys coming together to deciding on their own on their individual end right. I want to make a change in my own life that ultimately comes down to you. You know atypical video for me. I i had some pent-up frustration that i want to share with you guys, because i'm human and uh i have different emotions than just laughing and joy and this sort of stuff, but i just want to share that with you guys it's um. I have a why? That's mine and that's what i've got for this video, so blah blah blah.
I know people drop a like consider, subscribing. Remember my friends catch you, the next one lightsabs much love and peace.
I can hold forever. doesn't hurt me. if they bleed from us holding, then I can play keep playing this holding game.
Lol bulls got fvkin slapped. Who watches this garbage. As a trader u know not to fuck with people who put out there stupid technical analysis. You idiots who bought lol
Got a question for you. We talk about all the manipulation but do you think that the conversation on synthetic shares is real? Is the manipulation deeper than what you can see on the surface through what's available to the public.
I bought 2000 euro worth at 52.71. A couple of days later it is now 42.70. I’m down 500 euro. Really hurts especially when everyone keeps cheering about it going down.
Trey,… No need to be mad! Virtu sold 100% of their position.
Check the institutional ownership on Fintel.
Oh, and fix that mike input please, you got popping sound due to your input channel being too high. Your talking style causes peaks of distortion that cause those pops.
My why? Fuck the establishment. The rich fucking over the poor. The manipulation of the these systems at the hands of the rich. The sickness of the never ending greed of man. The frustration that 1% rules the 99.
I was there in Feb. Sold when the buy restriction was in play. Freaked me out. Got back in after it ran again. Little late to that party, but haven't sold. I've averaged down since. Your videos help the conviction play.
Might be your best presentation to date. Without warriors like you they will continue to bludgeon the retail investor. The APE community if we stick together can win this war.
Thank you for all you do and I hope and pray that your health challenges are conquered.
I used to watch Tery when AMC was $20,
Been months, since I last saw his Videos..
Miss the guy, 4 real.
I learned a bit from him, he's a good teacher..
Its ok, we can add even more shares to our position for lower prices
Shorts manipulate the laws of supply and demand by flooding the offer side with fake shares.
Hedge funds found a way again to tank the price so its game over..
How can tou be frustrated? You're making tons of money off of YouTube. This is all part of your scam.
Hey this was a really good video by you💪🏾✊🏿. Thanks for your conviction. We will hold and buy to stop the unjust system. Stand for something or fall for anything… we 💚 see and feel whats going on. However, we know the truth and will not give them the victory.
You meme stock investors keep hoping the SEC will intervene and put an end to the naked shorting, manipulation, etc. Only then can you get your long promised mother of all short squeezes. Good luck with that…the SEC is NOT on the side of small investors. You guys should know better….
I know the squeeze will happen. When? I’m not so sure. I’m making other play’s because I need money but I plan on buying back in when it drops again. Cheers to the guys still holding since January. I am not one of you.
**NOT SELLING**
Yup, Once again your spot on Trey!!!
That downward move was sooooo fuckin blatant it's ridiculous!!!
And yes this is an absolutely horrible bad impression for someone who just started trading. Actually it's sad…. We must stay together as a community and hold strong through all this nonsense…
Apes Together Strong Forever!!!! 💎🙌🏻❤️🦍👊
**NOT SELLING**
i randomly bought in at 8 bucks without knowing anything about the squeeze and now this has become something real in my life. i feel ya trey!
“We don’t have to be right today. We just have to be right eventually.”
I've lost over 2k just in the last two days with the games they play. That shit pisses me off to no end! I'm so sick of these cock smokers getting away with all their manipulation and every other bullshit play they do. But you know what? I buy more and hold! 💎🖐💪
When is everyone going to find their BUY button again, that's the way, easy people. I hold, bit I buy every week. A few can't be the way, the WHOLE is the way, or did I miss something?
I got so pissed Friday that I sold half my shares. But you know what? I'm buying back in Monday morning. I believe in this movement. I like the stock!
Venturing into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with Lauranetta Thomas, her skills set is exceptional..
Well said Trey. I still remember them doing this stuff when we were trading between 8 and 12. Makes me upset, but at the same time makes me want to hold AMC until it blows up their account, which is way past the moon when we get there.
We live in a world where people would rather a stranger on utube invest there money rather than someone doing there own DD kinda funny really. This man doesn't care about anyone of you but keep making him feel important and making him rich! I sold my AMC for a 300 percent gain like a real trader would have! PUTS will print baby 🍼
My Why is simply this.
For almost as long as we can remember we have been schooled to study economics and its effects (ie charts) one way. Now, thanks to yours as well as other Apes' efforts we are learning that all the BULL&*^&T was NEVER REAL. We were 'SLAVED" into thinking we actually mattered.
NOW I just want JUSTICE and that comes when the opening bell rings and the SHORTS are unable to answer
@Anthony2021mdh30Vibes
Thanks for being a voice , a good ,heard , and still respectable voice
thanks for the share brother… seems like are why is the same… of course I wanna better my life my family… yata yata yata… who doesn't… but more importantly save the generations to come… this is bear sht… corruption must fall and that's why I like the stock… I am DKong and I am holding to 0 or Jupiter…
Thank you Trey. I have been so calm since January, but this move really angered me. Not selling!
The problem is everyone buying the calls not the stock. So Citadel saved them borrowed shares all week and dumped them on apes when itm calls were expiring, and a lot of apes lost money. I been holding since $2