AMC Stock Update: AMC Stock has been heavily attacked, illegally, by hedge funds for months. Short-laddering, and naked shorting, both systems utilized to cheat and steal from retail investors were fully in play in today's price action. In today's video, we discuss all recent news, catalyst, numbers and statistics, and sentiments towards AMC, the hedge fund squeeze, and progress moving forward.
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I wasn't even gon na post, it guys, but i just can't i just can't. I had two live streams today. Both of them were over an hour long. I probably covered the the live price action for about two and a half hours or so, but i just got ta.
I just got ta give you guys a quick update here. We're gon na talk about three main things. This is gon na, be a quick video in and out as quick as we can. What is up everybody over the trades trades, we have technical analysis on different stocks in the stock market, as well as potential buy holders sell opinions on these.
Given stocks like your profits by saying that, i'm not a financial advisor, no expert, so say what i said: the green assault, let's get into the video today, my friends were giving you an update on ticker symbol. Amc. There are three things specifically that i want to cover in regards to recent news: we're going to make this as quick as we possibly can. I'm going to show you guys some vortex numbers, i'm going to talk about these call options right, because we've seen a little bit of uh confusion in regards to what this means we're gon na discuss what the gamma squeeze possibly could be right and then we're gon Na show you some market watch information in regards to short interest, so we're gon na make this as quick as we possibly can we're gon na start off with those news news articles, then we're gon na show you the charts here and uh and get into the Meat potatoes.
So let's make this as uh as painless as we can starting off here, i wan na show you guys the information that is available to everybody here on ortex ortex has the current utilization at 93.25 percent and if you don't know what utilization is, if you're new To the channel, we're just going to show you utilization is the ratio between the number of shares, all known across all outstanding loans in the wholesale market and the number of shares available for lending outlanding programs. Zero percent means that no shares have been broader length at these lending programs. 100 means that all shares are available to borrow or lend at a lending program have in fact been lent so to dumb this down. It apes layman's terms right.
The utilization refers to available shares for sorting, and that means that 93.25 of the 100 available short shares for lending are currently being held. That's astronomical! That is an insane insane insane number guys. That means that there's only 6.75 current utilizable short shares available for trading, which is absolutely insane that tells you the entire story that we've all been i've been talking about this forever. This is not a dead cat.
It's not a cat, not a dead, freaking cat guys. This is insane costa, borrow is 3.02, nothing insane and that's actually a good thing. In my eyes, this is gon na it's gon na draw the shorts to be a little more bold with holding their positions right, because essentially, what you've got here is an interest rate that is lower than some margin accounts. So that's an annual interest rate of 3.02 percent, which means that you're less likely to see them cover based on increasing interest right. So this is just increasing the chances they're going to hold, which increases our chances for a squeeze potential. The days to cover is that 0.64 take into take this with a grain of salt, because this is taken off of the three-month daily volume average right. So what you're doing is taking the short interest divided by the three month, average daily volume? And if we look at the the average three uh three month volume here, we're just going to pull this up for you to take a peek at you can see that it was not anywhere near this much volume for the previous two months before this month ended Up happening so take that with uh with a grain of salt. That number, i think, would be higher if you were to change this to a one month, number right, a one month, uh average volume in comparison to the short interest.
I think that'd be a higher number. Essentially, what you have here is it is more difficult for shorts to cover their positions when that number is higher, it's easier for them to cover their positions profitably. I should say when the number is lower, so you're, taking that short interest divided by the three month average volume, as i mentioned, i think if you take the three month volume and change that to one month, that number would look a lot different, but essentially all These numbers, what it's telling us is this, is being heavily shorted and there's a lot of good things happening here in terms of short interest and the numbers and the setup to back this up check out market watch. This is a level of uh short interest and it shows you the most shorted stocks on the market.
There's some filthy numbers here in regards to amc, we're gon na touch on this. It is number one on the list as most shorted stock, the highest float short percentage out of every stock on this list is amc, amc, entertainment holdings check this out and nine cents is what we closed at today. So this is as of close of market. Today we have 18.05 percent change in one day years to date, it's up 328.
We have short interest of 48.1 million shares as of uh february 12 2021, which is 84.3 percent of the total float. As of that date, that is monumental guys. That is insane insane numbers. This tells you exactly what we thought the entire time we look back on the 12th guys.
Let's just look at this. Let's look at this on the 12. you're gon na see that the stock was getting beat down. I wasn't doing anything this was being so heavily sorted and now they're getting pushed they're getting pushed.
This is getting run, so that is an insanely high number. The the overall float short percentage here, 48.1 million out of that 57 million float. That is an insane insane number so take that uh. Take that into consideration with this amc game. This is not a dead cat. This is not over my friends, my family, my fellow gorilla gang everybody out there that was holding tight right. I am so so happy that this is starting to finally pay. You back.
I want to say something here before we get into the call options. One thing that i want you to take in the back of your mind is now the risk is back on the table, so i stopped mentioning the wrist, because this was trading sideways right. It was not risky to buy into this when it was trading at 5 and 50 cents. I told everybody that'd be the floor.
I said guys this is gon na be the floor. I feel confident saying that the chart is set up for this to be the floor right. This is a great time to load the boat. I know that some people did not everybody did, but now the risk is higher, so anything that you're buying now that we're over ten dollars, there's risk involved so be cautious.
Know that know that there's risk involved there's nothing guaranteed about the situation. This is called wall street bets, not wall street guarantees. Right. I want to show you guys my portfolio.
I am an amc with a total uh position. Let me just take a quick peek here. 731 shares in this weeble account and 155 shares. In my other account right.
I've got uh 8 000 of market value. However, i also have other positions: i've got mbis, i've got ctxr, i've got exon, i've got sensonics, i've got a whammy, i've got agtc right and the reason for that is because you need to diversify your portfolio. You don't want to put all your eggs in one basket right, you might get lucky this. Might this might move this might squeeze.
Of course, i'm i'm betting on that right. That's why i'm covering it on the channel is because i think it's very very possible to see. However, if it doesn't you can't let that one stock in your portfolio be the thing that absolutely crushes you and breaks the bank and destroys your uh, your portfolio, you don't want to have that happen. We don't want you to wreck your account, so that is something i want to preface by saying is this is not something you should put all your eggs into one basket on right, but the situation is here: it's set up for a nasty nasty run.
Last thing i want to cover we're going to keep this. As short as we possibly can is call options. We've got a plethora of call options for the 26 february, 2021 uh expiration date and between five dollars, and i would say ten dollars, there's a huge amount of interest. We've got a lot of numbers here.
So if you have this all up, it's gon na be somewhere. Let me just do some quick math here, okay, so i crunch the numbers and between the strike of five dollars and eleven dollars. There are 193 000 total call options, which means, if we close above ten dollars and these uh expire in the money, they're going to be call options, 193, 000 of them, and if you take that, obviously one call option is worth 100 shares. That would come out to, i believe, 19 million total shares that are going to be purchased on monday, which would cause a gamma squeeze. That brings me into my next point in regards to amc. What is the gamut squeeze compared to a short squeeze gamma squeeze is when you have these call options that expire in the money that need to be purchased back right at that strike price which drives the price action on the stock right. When you let an option expire, it obligates you to purchase those shares. Those hundred shares at the strike that you indicated right.
So this is at 20 bucks. Now, i'm just throwing out random numbers. You've got a strike at five dollars. You have to purchase 100 shares at five dollars, you're up a lot right, you're up a monumental amount now, maybe not as much as if you'd sold that option right, you'd probably make more money selling it, but that causes a gamma squeeze that gamma squeezes those call Options: stacking on top of each other and driving up the price action.
One thing i want to point out to you is that when gamestop short squeeze right, what happened it had an initial gamma squeeze in a very similar situation to amc. You had all these call options piling on top of each other that expired in the money which drove the price up to about 60 bucks right here, drove it up then, to about 100 and then the short squeeze begun. We drove all the way up to 514 freaking dollars right and i'm not guaranteeing. This is going to happen, but the situation is set up.
The exact same amc is in that situation. Right now, you've got a crap ton of shares, uh a scratch of options that could potentially expire in the money. If we close about ten dollars - and we don't even need to right if friday, we close at nine dollars right other kind of house, twenty four thousand, if friday closed at eight dollars, you still have like 120 000 right you're, just subtracting 50 grand 50k from that. So you've still got what would that come out to 140 000 call options right.
So the only scenario to me in which we don't come out with a gamma squeeze if we close below five bucks right, how much of a gamma squeeze we're gon na have that's gon na depend on how high we end up running right, because then we're gon Na have more call options that get exercise more shares that have to be purchased by these clearing houses right they're gon na have to keep the collateral for this. They're gon na have to keep the shares available for trading, otherwise they get screwed. So they can't let that happen right. So we've got a huge, huge opportunity here, in fact we're already over 11, so you can throw in another 5 000 options, which is another 50 000 shares.
So take that for what it is. That's pretty monumental guys, there's nothing guaranteed about this, but i'll tell you what the numbers are. What the numbers are. We've got 84 current short percentage float compared to the overall float that was available as of february 12th. It's the most short stock in the market. As of that date, right or texas is 93 utilization. This is not a dead cat. If you look at the numbers that is monumental.
One last thing that i want to tell you guys about is the amc institutional buying owns ownership right so check this out? According to market, we had another player stepping into the game here today. Uh, let me just show you that is virtue financial, as of today, the 24th they bought in with 600 and 1 000.. Now that this is, this doesn't necessarily mean they bought it. On that day right, this is just referring to the fact that it was filed and reported on that date, but they have 601 000 total shares worth of market value of 1.28 million dollars.
Look at all these big players that bought in we've got 10 big names since february 16th that that have been filed in for buying into this stock. That is monumental huge, huge numbers. We already know what it is guys that is good, good stuff now coming here on the charts. What what should you look for, if you want to add, add more to your position right first off, i want to double down on the fact that i said diversify.
Your portfolio there's nothing guaranteed about this. There's risk involved right. Keep that, in the back of your mind, there's nothing guaranteed. Here we have a level of support at 976..
This is gon na be volatile. You saw it already. We dropped down to seven bucks, went all the way. Up to 849 came back down to 750 right, went up to 973 dropped back down to 845 right.
The moves are going to be there you're going to have the opportunity to buy in cheap, so don't chase. It's so hard not to succumb to fomo, but i'm telling you be patient, wait for the opportunities it's going to be volatile. You're going to have pullbacks. 976 has three touch points.
So it's a signified level of support. It's already been respected as a level of support and if you see it, pull back to 976, i think that is the best opportunity. You're gon na have to purchase this stock. If it drops below 976, don't panic right, don't do not panic! That gives you an opportunity to buy it.
Cheaper we've got another level of support at nine dollars. That's even better! That's even better! If we drop below that. We've got another opportunity right here at 844., so watch for these levels. If you want to write them down, feel free to do so.
If you don't want to write them down, just look for as many touch points as you can in terms of candlesticks touching respective levels of support. We always look for these three. So if you get three, that's a signified level of support. That is a great entry point, and that is what i have for the video today.
If you enjoyed please drop a like, or the game really does help support the channel and consider subscribing. Let me see more content like this. Lastly, i'm gon na fill in the description box down below for wee bowl. This is version 4 for the desktop great platform that allows you to start training at 4 am the pre market. Usually you get 2 free stocks of 100 deposit. I receive a free stock. Great support of the channel, my friends and, if you're, not interested that it's totally fine. I just appreciate your support by taking the time to watch my videos guys.
Thank you so much for tuning in that is all i have for you today. I'll see you on the next one and peace.
I took the risk dealing with Mr Norwood to be in charge of my trade and finally end up with great testimony his platform is amazing and very straightforward
Thanks Mr Norwood .+1.9.1.9.3.3.0.0.4.4.3
It amazes me how people go ahead to pick stock, without basic understanding on portfolio selection and risk tolerance. Also get the best from a financial advisor and work on your investing tolerance and with time you'd be a grand master….
I'm expecting more videos of you shorting, I've been across a few investors that really made it big from shorting, I'm talking about $380,000 in profit within a few weeks and I'd really love to know how and when to short stocks.
Waiting for your next vid on amc to calm me down after today’s crappy day lol we appreciate you Trey
Worst week in the history of mankind for this gamma squeeze….. entire market is tanking bro 😭
Trey I think you would like nano dimensions if you looked into them. Just a thought! 🦍😊
Trey could you cover Nano Dimensions? They have some crazy tech and have over 1.5 BILLION in cash and are ready to make some moves!
When you said "I did a livestream" i thought you said "I did a lot of mushrooms" lol and it was right after you were hella laughing. I was like damnnn Trey is so down 😎👏
I’m all in AMC, the retail investor has been manipulated by hedge funds since the beginning of the market until now. Buy for freedom and because they’re trying cheat the system with restrictions and limiting buying, Wall Street only caused a sell off making the little guy only sell or get burnt, while hedge funds get to play by different rules. Saying time for the little guy to sit out. Burn the dirty hedge funds betting against us to the ground or at least bankrupt them. We need everyone’s help, this is a war. We will win… AMC will be going parabolic but keep holding because Diamond 💎 Hands. PT $250+ The longer we hold, the more hedges have to cover huge. Making the sky the limit. SPREAD THE WORD PLEASE Check out that beautiful short interest we’re about to beat GameStop and Volkwagen hold on tight don’t be manipulated by news media’s using everyone as pawns we will win. Keep buying this outstanding float. We will be rewarded heavily for our service. HEDGE FUNDS ARE NAKED SHORTING AND SHORT LADDERING AMC TO KEEP US DOWN BUT ONLY POSTPONES Beautiful SQUEEZE BECAUSE THEY WILL HAVE TO COVER IN BLOCKS TO MAKE UP FOR RECOGNIZED LOSSES. BUY IN ON THIS GOLD MINE OPPORTUNITY, EVERYDAY WE BUY AND HOLD SHORT SELLERS HAVE ACCRUING MARGIN INTEREST WHICH IS INCREASING DAILY VERY RAPIDLY. 💎🙌🏻
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usually with stock advise tips, i have to speed them up by x2 cause financial people talk. so. slowly.
not you though.
Man, talk sanely for those who see this video first. Have to relisten to several times.
I was ready to give up when it was at 5$ until i discovered your channel. Man has it given me so much hope and im really glad i believed every word you said and now were through the roof and the potential to the moon is crazyyy! Lets go boys🙌🙌
Don't options take someone’s existing shares? They expire Friday but the conversion takes place on Saturday. So would there be no additional purchase of shares?
First off: I am in this with you. I am not trying to be a pessimist, just genuinely want to know your take on those worried AMC will simply flood the market with more shares and keep the squeeze from materializing at all. Any thoughts on that?
been holding at 15 since last time, these diamond hands aint budging. lets get her back up over 20 boys!
Stocks are crashing, bitcoin Investment right now will be at every wise individual's list. In three two months you'll be ecstatic of the decision you made today.
oow yes whoever had jumped on amc when treys was on kev interview will be smiling today for sure
thank you trey appriciated .
Bitcoin is the future investing in it now is the wisest thing to do now especially the current rise,despite all the economic crisis this is the right time to start up an investment
not an expert, nota financial advisor, but i don't think 93.25% utilization means only 6.75% available for trading. Not 100% of shares are in a lending program to be lent out/shorted. Still love the channel, love the stock, just feel like you get a little too hype sometimes and need to watch what you say.
Literally on 3x at the end of the video. Could hardly make out what you were saying. Really impressive! Lol
We always enjoy your post fellow APE!!! If it wasnt for you and your conviction many of us would have bailed in the 5s. Thank you for your service and everything youve done for the fellow Retail trader
I'm bullish, but trying to make sense of all this. If it takes all these factors to induce the gamma squeeze, why is GME and KOSS squeezing as hard or harder than AMC? Is it unrealized potential at this point? Will AMC pull away from the pack on Monday–e.g. GME will have squeezed up 1000% and AMC is over 9000?
Did anybody notice that the Fed systems went down and all of a sudden the meme stocks started running? A nuns have put together a theory. Anonymous the organization did warn that if the market manipulation didn’t stop that they would take things into their own hands. Coincidence?