Today we will talk about AMC next week, the current market climate, and other current events affecting investors.
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What's up everyone we're back we're back we're back for another live stream. It looks like you guys might not be able to see my face here, so i am going to fix that real quick so that you guys can see me i'm going to lay it as such display capture and then webcam there we go. This should allow you guys to see me. You guys see me okay, what's up guys, how are we doing so? I apologize that uh.
The last live stream was not uh was not up and rocking, as i said before, i did get on to brian jung's. Live stream, i hope that you guys were able to catch that and enjoy the enjoy the stream with us, because it was a good time. We had a. We had a great time.
It was a good talk. I actually talked with uh. I talked with a couple different guys, uh. I talked with brian jung and there's another guy named justin, who was a wall street all right.
I shouldn't say: wall street, a hedge fund analyst. It was an interesting conversation. I had a lot of fun. I had a lot of fun learning some different things: uh justin's perspective was very interesting me and brian were on the same wavelength.
Very similar mindset, very similar uh of pattern of talking and justin, had that more fundamental analysis, side of things and and really talked about the situation in a different way. So if you guys have questions about what we talked about i'll, be glad to recap: uh, i'm glad to recap anything we did and we can just get right into the video. So thank you enhanced memes for the donation, my friend, i appreciate that very much uh. I bought i i o today at 16..
Am i screwed we'll look at that, but we are going to primarily focus on uh, gme and amc today. Just answer any questions that we all have just because that is the focus of the video, but in terms of ino um, it tanked pretty hard. I mean it's retracing right now, so it's nothing crazy, i know, is a pharmaceutical stock and the problem with these companies. Man is that, typically they they pump really hard off of news, so they must have had some fda approval.
If i had to guess, i don't see anything right off the top of my mind but uh. Typically, when news comes out, they pump hard and then they dump really really hard too. So it's it's tough to say my friend, it's it might take some time. That was a harsh retracement.
It doesn't look great welcome. Everybody welcome everybody if you're not mind, dropping a like man. What am i doing? What am i doing? I got to drop this down here if you like this stock guys, please like this video. That is all that i ask that is i'm a simple man.
I'm a simple man if you like this stock, please, like this video, that's all i ask all right, so i've got a couple different things that i want to talk about here today. If you have been able to catch these streams, you know that uh, you know my standpoint on this situation and that i have focused very closely on uh on the whole situation, where this is where this is developing. So we have focused a lot on the short interest. I did get a subscription through ortex so that i can get real-time information and provide you guys with as many resources and tools as i possibly can to give you the most information possible. I have given you guys the breakdown of what's happening right now with the hedge funds. Right we've talked about melvin capital. He talked about what is a short laddering. We talked about what is naked.
Shorting we've gone into all those sorts of details, so we can cover that again right. This is gon na be informational for you guys. Whatever you want answered, i will gladly gladly do sandals. Thank you so much for the donation.
I heard you were there. I heard you were there man, i heard you were there. Welcome back trey good chatting to you over at brian's live jam, appreciate that my friend was a blast honestly. I love brian.
That was the most down earth conversation that i could have possibly had he's. A very very humble guy - and i i'm honestly extremely humbled and grateful that i had the opportunity to chat with him seeking justice. Thank you for the donation today. Did anybody else double down on amc today, i'll tell you what i sure did.
I sure added my position, so i deposited uh 2800. Also, thank you all for the donation, my friend, i appreciate that very much uh. I did add to my position today. So here's my positions, the ford and the ai agi.
This is free stock that was given to me with the with the wee bull program that i have talked about here before for free stocks, 100 deposit, yada, yada, yada, there's a link if you want in the description box, but i did buy more shares of amc. Currently have a market value of 2, 000 and 244 total shares. I am waiting for the cash to settle. It is on its way, but uh they spot you, i think up to one thousand dollars, which is why i'm waiting on that uh that cash to settle.
I currently cannot use the full balance that i have transitioned over to my weibull account, but when that does come to fruition, i am going to be very very happy to continue to add to my position in amc because guys guys, if you follow me on twitter, You already know i posted this already - i tweeted this, but to me this is more than a money play and everybody's in different situations out there right. Some of us are in this, for the hold some of us are in this too, to watch the process, what's happening with amc right to to see this play out this whole story, someone started to make money, but i'll tell you what my my situation with amc Is i am in this to watch it to the end? I want to see what happens and i want to see. I want to see this growth come to fruition. I'll tell you the one thing right now we got a filthy, george w.
You already know you already know drop it in here. Right now drop it in here right now. You know this is this. Is the george debian, the bot, the double bottom? That's filthy looks real real good, currently moving in a nice upward moving channel, as it seems, we've got quite a few different touch points. One two three four different touch points as well as an ascending level of resistance, moving in a pretty strong, strong channel right now i like that, a lot, that's a good break, especially a break from the previous low uh downward moving channel so check this out. One two three four different touch points right here, so we broke out of that channel right here with some nice wide range candle bars, typically signifying that we did break out of that bearish territory, and then we do have this right. Here is another signifier that says hey right now we are back in bullish territory, currently trading at 812, so not great, like right, we'd like to see it a little bit higher, but that nice 15 ma crossover for the 200 ema bullish indicator. Great looks great we're on the upward moving channel.
A study level of support, ascending level of resistance, looks beautiful. Thank you guys so much for the donations. I am so grateful for you guys. Thank you.
Thank you. Thank you. Thank you uh. Thank you.
I appreciate that. So much iron workers building america. For how long can the hedge funds short ladder for until when can they play with the price? Stop stock forever great question man? So what were there's a couple different things that we need to keep in the back of our minds? Now so what's going on is we're having short laddering and, if you're not familiar with what short laddering is, it looks exactly it looks exactly like this. This is a short ladder and i'll show you right now.
It is the process of of uh hedge funds selling and buying back and forth to each other repeatedly in an algorithmic way in order to trick the algorithm and the market makers into thinking. The stock price is plummeting. Now you take this for what it is. This is speculative.
This is me looking exactly at the charts, as you guys can. Looking at the information presented to me right uh, i i'm just some guy on youtube: i'm not a financial advisor. This is not financial advice. So take what i say with a grain of salt, as i always say, but you can look at this chart movement and say that this is not typical chart movement.
I want to show you something look at the price action between both gamestop and amc and look at how scary scary, similar they are. I'm gon na show you this on a five minute and show you uh gamestop on a five minute. It is the exact same movement guys it's the exact exact same i'm going to zoom this out, so you guys can see exactly what i'm talking about it's insane. This is insanity, they're, moving in the exact same way.
If that is not something you could argue a couple things you could argue either a you were seeing uh the same movie, because it's the same kind of buyers coming into the stock, but i don't wan na there's no way, i'm not i'm not buying this. There's. No way that gamestop and amps are trading at the exact same time like oh, they just happened to find the exact same bottom. At the exact same time, there's no way i buy that i don't. I don't see that being a possibility, so keep that in the back of your mind i know that was long-winded, but hey you know what you signed up for coming in here. You know i like to dig into things we like to get into the dirt. The nitty-gritty very grateful everybody here: man, 3 500 concurrent viewers - almost a thousand likes if you're, not my drop a like, because we like this stock. That's all i ask for my friends.
I promise you john lennon, thank you for the donation. My friend can review the long letter from senator warren to vlad at robin hood time for robin hood to unrestrict all shares review the long letter. I will pull that up. I haven't seen it so let me do that right now.
The long letter uh from senator warren, so senator warren uh vlad letter and we'll see what pops up warren presses robin hood chief on decision to ban gamestop man. This is messed up guys. This is crazy, so senator elizabeth warren is asking robin to explain why it prevented users from purchasing shares of gamestop and other quickly rising stocks last week and how it plans to handle customer complaints. In a tuesday letter, warren press, robin hood, ceo of vlad tennis, on a litany of concerns raised by the trading platform's decisions occurred purchases of roughly a dozen stocks and it's frantic sprint to raise more money to comply with regulatory safeguards.
The public deserves to know the details of circumstance behind robin hood's decision to restrict trading about other actions that appear to be treating individual investors in an unleashed equal or unfair fashion. Warren wrote saying the company abruptly changed the rules for these individual investors with no warning or recourse man. I'm really glad that you brought this up. This is, this is actually really fascinating, because what you're seeing happen right now is so so messed up so think about this.
It's, let's just hypothetically, say what happened with robin hood happened because they truly genuinely did not have the collateral in order to back up the buy orders coming in right. Well, i'll tell you what the answer isn't. The answer is not to to to simply limit buying. You can't and leave selling open, because that completely destroys the law of supply and demand supply and demand depends on equal opportunity for both buying and selling.
And if you, if you take off, if you take off the overall um the buying off the table, it changes the game completely. So i i think it's messed up man, i i don't get it i'm going to read this letter as well. Dear mr attentive, i'm writing regarding robin hood's decision last week to restrict trading and impose other limits on its customers abruptly changing the rules for these individual investors with no warning or recourse. In addition to putting customers finances at risk. Robinhood's actions revealed a new set of questions about its relationship with large hedge funds and other financial institutions and follows past criticisms of robin hood's, insufficient investor protections. Robin has a responsibility to treat its investors honestly and fairly and provide them with access to the market. Under a transparent and consistent set of rules, it is deeply troubling that the company may not be doing so i'm 100 on board with this man. I i completely agree that robin hood's decision making skills and their process what they come to the conclusion of doing was the wrong call, even if you believe that that was exactly why they did it right, they didn't have the collateral to make people's orders fill.
That's not the answer. That is not the answer and it's messed up. I i don't understand it at all. Thank you guys for the donations.
I appreciate every single person here. You guys all rock thank you so so so much coming in from uh scott. Thank you for the donation. My friend shot.
Busta came over from brian love, your content. I have two questions. What's your discord and where can i buy penny stocks like hcmc, good question, so discord you can find in the link down below to the patreon. The patreon has the discord available.
It is five dollars a month. I keep it nice and cheap, because i do not want to let anybody's opportunities miss out here, just because of a financial situation, so five dollars a month is all that you have to pay to be a part of this discord. We'd be glad to have you there, it's a great community, a lot of great investors, very positive environment, hope that answers your question and hcmc you can buy on charles schwab. Thank you, rich jagger, for the five dollars.
Let's dunk a woodford, 40k. Hey, hey! You already know how it is we're just about done with this thing: we're gon na polish it and do what we do. Hey. I'm appreciating the love guys, i'm appreciating the love, we're gon na come back here to the charts and just keep that pulled up.
While i do read off some more of these comments, amc is currently sitting down 39 in a nice upward. Moving channel does look like may have broken that overall trend line, but that is not the end of the world, because we are still setting higher lows and higher highs and we can adjust this to the most recent price action and you do actually see that we Are still continuing on a nice upward movement channel so we're going to adjust these trend lines to the most recent price action, so you guys can watch in real time what we were expecting to happen. You want to see a continuation of this upward movement. You want us to stay in this channel leading into the after hours what is going to happen in the after hours guys what's gon na happen. What's gon na happen, that's a great question, one that i wish i had the answer to, but anybody out there telling you that they have an exact price target and when it's gon na hit on amc or gme doesn't know what they're talking about, because all we Can do is speculate based on the numbers and the information presented to us and based on that, we can make educated decisions and say: okay, based on the short interest that we know is still in this stock. There's a lot of availability for this to happen right and i will keep you guys up to date with everything happening. Thank you for the donation, richie edgar. I am a bot, thank you for being here my friend.
This is history and we're all going to be a part of it. You guys are part of this journey that i'm so glad. You said that my friend, because get this what's happening right now, is legitimately history. What's going on with amc, this is historic stuff.
These hedge funds, whether they win or lose they're gon na, make a movie about this guys they're gon na make a movie about this first off, and the second thing is: this is really crazy. Illegal stuff, naked shorting is not legal, it's not legal and you can speculate whether or not you believe this is happening right. Everybody has their own bias. Their own opinion and naked shorting is extremely illegal.
For this to take place, there'd have to be a lot of widespread illegality. Going on between market makers. Brokerage accounts the hedge funds right. So for this all to go down it's it's very tough to say we can't we can only speculate, but what i've seen on the charts, guys illegal things are happening.
The hedge funds are taking from us the 99, the retail investors and saying you know what the end game here has always been to to bankrupt this company amc to to milk every last penny out of the stock, because what they're trying to do is sell it Here, maybe at 20 bucks right, they sold it at 20 and they're trying to hit it to zero, because if this stock gets zero, they buy nothing back if they, if they bankrupt the company and they don't pay taxes and they don't care who they crush. In the process, whether it be bankrupting the company putting people out of work, uh, stealing money from the retail investors, like you and me think about this guys, whether or not it was the right thing to do. There are a lot of people out there and i'm not a financial advisor, i'm not giving you advice that have put their life savings into these stocks because they so strongly believe in the movement, and you know what's going to happen if they lose it, the market Will freaking collapse it's going to collapse because there's so many plays out there that are getting they're swacked they're getting swagged they're getting hammered because of all this crazy stuff happening right now in the market and these big hedge funds don't care they don't care, it's insane. I've seen you guys comments, i'm trying to get through everybody as fast as i can here. Thank you so much christian gonzalez. I appreciate you today. Thank you for the donation. Can you talk about? The contracts are expiring today, so, regarding the contracts for amc, we do know that there was contracts that expired uh.
Last friday, the the price that we were trying to stay above was nine dollars, and what do we know? Well, they have to buy back on. These shares they were out the money they they are, depending on uh getting the price lower in order to decrease the amount of money they're out right, but keep this in mind. Yes, we have been read today. We are down.
We are down a pretty good jump. We're down 39 percent right now right, but as long as there's short interest in the stock - and i brought this up over the discord. I think this is very interesting as long as there's short interest in the stock as long as the stock continues to be shorted. That means that we are still in the fight guys because get get this they're getting greedy them shorting the stock right now them them pulling the profits from the from us right.
What they're doing is basically saying we know we're gon na beat you wall street bets guys. We know we're gon na beat you retail investors, you keep trying cause, we've got money, we don't care, and i know we're still in this fight because guess what if they weren't shorting the stock, this thing would have mooned. You know how many people are buying this right. Now i don't if even let's just assume, let's just assume that maybe 25 30 percent of people are pulling their profits and their positions out of amc, which i don't think is the case.
If you look across all discords and reddit threads, i think most people are holding this. I know there are people in different financial situations. I'm never going to blame people for that, but i think very highly that if this had no short interest, this would have rocketed. It would have gone to mars you've seeing this on spacex going to freaking pluto guys, and that is why i still think we're in the fight as long as they continue to short this guys, the squeeze potential is still there 100.
All right. Thank you for the knowledge that you offered. I appreciate the donation my friend greetings from hawaii. I appreciate that i am in oklahoma, currently uh.
I was from minnesota, though so that's that's. Some nice warm weather seeking justice. Thank you for the donation, just buy and hold combat short laddering buying and holding does do that's the most that you can do so. There was something that i found very interesting.
I was reading through uh some stuff over at brian jung's live stream, and we were looking at uh uh, an ama, so it was, it was ask me anything. It was with uh. I think it was mark cuban and it was very interesting because he talked about something he said. What is the best thing to do right here? This is on reddit, so it may have been him. It may not have that's speculative, we don't know for sure, but he said what can you do? All that you can do is buy and hold, and i 100 believe that is the case. Oh my gosh mark, thank you so much jesus christ. I was about to drink my coffee, but you i would spit it out, seeing that. Thank you for the donation, my friend, but he talked about how this is the answer.
If you continue to buy and hold, there will eventually come a time when they have to cover and the squeeze potential is there. So that is the best thing that we can actually do. Trey i dropped another factual, informative link on the discord chat room. This is to help everyone to be better informed cautionary times.
Thank you stan. I appreciate that you're, always one of the ogs always trying to help people out as much as you can. I know that you're a good guy trying to help out the channel. So, thank you so much my friend, i appreciate you, mr exotics, thank you for the donation, my friend, i appreciate it so much.
You helped me understand a lot about. What's going on right now at a time with lots of misinformation thanks, so much can't wait to learn more. I appreciate you very much my friend, i'm always going to do my best to explain everything in the simplest possible way. Seth.
Thank you. So much for the donation as well. I appreciate you very very much. Could you go over nndm shorten the long-term price target? I am going to try to stick to the amc and gme situation right now.
I really do appreciate the donation, but we've got a lot of people in the room right now that are waiting to get that stuff covered um, so maybe towards the end of the video we'll start taking ticker recommendations. But i'm going to focus on amc and gme for now ironworks. Thank you so much so until when can they short ladder, unfortunately they can short ladder as long as the sec doesn't uh, stop it from happening right. So basically, i read something very interesting about the sec today.
It said basically, the sec is like lawyers watching out for lawyers. It's a lot of people that know a lot of stuff that are basically just tiptoeing around the the facts right and what we know basically, is they know, there's issues going on. We can see that in plain sight, there's a lot of people that understand. There's issues right now and they're, just letting it happen, so it works we're really depending on what i think is gon na be the next big move.
The next big step forward is one of two things: either a these trading platforms continue to open up uh no restricted buying right. We know that uh robin hood supposedly had to raise three billion dollars because they couldn't cover the collateral and that's why they're causing these halts right. That's speculative! We don't know, we don't know, that's what they claim either, whether it's right or wrong. I still don't agree with the decision. They should have at least halted both buying and selling, which is something that was talked to me about at the brian jung, live stream with uh justin, who was a hedge fund analyst, and i could not agree with that more because it throws off the supply and Demand so when can they stop short laddering, they can keep short laddering until someone busts them on it and they are thrown under the bus sand dollar. Thank you again. My friend maverick is a trusted former colleague for my days back at nyc. Before and after the dot-com bubble 270 park avenue, that's pretty sweet man, that's good stuff, jordan.
These videos are such relief over the doom and gloom of the wsb discord. Thank you, my friend. I appreciate that so much. It means a lot to me.
I try to keep things as light and real as i possibly can, i'm not going to bs you guys right. Today's price action was ugly. We got beat down bad, it was tough, it was a very tough life. I it was, i shouldn't, say, life a tough day right.
It's an emotional roller coaster, we're really riding this together guys, but i tweeted something today and i want to share it with you guys, and i know everybody is in this situation for different reasons, and i i recognize that. But i want you guys to see how i feel about this stock and and the situation going on, because i do feel really strongly about it so check this out check this out. If i make money on amc great, if i lose money on emc, oh well, this movement to me is not about money. It's creating a community to stand up to corruption and the crooked free market.
It's incredibly beautiful to see all kinds of people come together because of that - and i genuinely mean that guys. It is it's insane think about how many friends you've made in this community how many people you've reached out to and talked to that you maybe would have never ever spoken a word to in your entire life, because of what's going on with amc, we're coming together. For a common cause, regardless of race, gender, sexual orientation, political agenda, uh rel, it's awesome, i'm so proud of that and uh. I always just try to spread the most positivity that i can jane doe.
Thank you so much for the donation. I appreciate you got into gma at 100 last monday, out at 300 friday turn 150k into 550k. All thanks to you tray! Here's your cut! I appreciate that so much jane dome, i'm glad that you did well with gamestop. It is taking a pretty bad beating right now, bleeding pretty rough.
It hasn't seen a bounce like amc. Amc has had the the more uh positive strength, i would say in terms of charts, and i feel like more people are talking about it. I will be able to verify this actually, so what i can do right now is pull up my discord and i will show you guys uh, the most popularly talked about stocks on discord at this current moment. So what i'm gon na do right now is i'm going to pull this up for you guys and show you what i'm talking about. So if we come over to chat - and we type in pop, what this will do is it'll it'll search through all discords across the entire world and show you the top 10 most talked about tickers in the last hour and we'll be able to see whether or Not uh amc is in the top of that list, so we're gon na come back here to amc. Take a quick peek at what's happening here. People are saying it's plummeting. We did see a pretty pretty gnarly wide range candle bar.
So what happened? Is we broke out of this downward channel, which is a pretty strong level of support? So it's tough to see that happen right now, right, we're not looking to see that that's not a sign of strength, but we are following up with a wide range, green candle bar right now. Looking at the level twos, there are quite a few sell orders at 790. So that's going to be a pretty strong wall just off the top of my head uh, so we're gon na have to break over 790 as of right now, just based on what i saw and then 783 and 784. There are quite a few as well.
So i anticipate 790 is gon na, be a wall. We're gon na have to watch for pretty closely and that does line up pretty strong with some previous levels here. So that is not surprising frank. Thank you.
So much for the donation. My friend, i've heard that blackrock incorporated has just filed an sc 13g over six million shares. Okay, wow, that's uh! That's that's! Quite a bit man! That's huge scott! Thank you! So much my friend, i appreciate you. If my amc closes below 863, do they need to still cover the short that expired on monday.
Thank you for your content. You rock. They do still need to cover right, so those options expired worthless. They they were out the money they still need to cover.
At the end of the day. That's exactly how it is all right. G evans, thank you for the donation, my friend marty. Thank you for the donation.
My friend, i appreciate you love your enthusiasm. Um. Let's see if i can find that again love your enthusiasm, my buddy got me onto your channel. Can you tell carl congrats on finding his p tail? Thank you carl uh congrats, for finding your petal.
I appreciate you inverted name thank you for the donation that i think it might be time to hang it up on amc and gme man. I promise you if you want to hang it up on amc and gme. There's no shame in that. I have absolutely no shame in what you decide to do right, everybody's in different financial situations, but um.
Currently, i feel pretty good about the situation going on with amc and gme, and the price to me is psychological right. As long as there continues to be short interest in the stock - and i want to show you guys - some numbers as long as there continues to be some short interest in this stock, i think that the potential is still there for this squeeze to happen. They keep doubling down on their convictions. So let's look at this. This is the ortex amc short situation right now. We know that there is 85.24 utilization right now, which means that 85.24 of the legal keep that in mind. This is not taking a consideration naked shorting, because that is not legal. They can't share that, but this is 85.24 of the total utilization of lendable shares, meaning that there is 15 percent of landable shares remaining, which means shorts are still heavily in the game.
Right now days to cover well, this is the short interest divided by the average volume and, typically, if this days to cover is shorter right, we're less than a day right now. That means that it takes less time for the shorts to cover me and there's a little less stress on them. So, as this price has run up, we have squeezed them a little bit uh. I anticipate that you're going to see this start to pull back we're going to look at that days to cover uh really moving up a little bit so the last seven days.
It was 143 1.43. Now it's at 1.067. So that's where we're sitting right now. The overall short interest on amc still extremely high.
I did show this guys to you in the uh show. Let's see you guys in the previous video that i shared but 76.9 million short volume. 18 short volume ratio, 433 million total market volume. As of yesterday.
This is updated on february 1st, so we do know. The short volume is down a little bit. We likely did have some shorts covered, i'm not going to bs you guys ever i'm solely in my position at amc. I plan on holding my position in amc.
I hope that answers your question. My friend. Thank you again mark. I appreciate that so much that's insane you're, the man.
I appreciate it very much kanek. Thank you so much for the donation. What do you think about these options? Calls that one of them was at twenty dollars: eighteen thousand nine hundred thirteen and one strike price forty dollars: twenty seven uh: twenty seven thousand six hundred sixty six contract, expiring february; fifth they're both calls man they're both calls and i'll. Tell you what, if that ends up painting out those people are going to really rake in some filthy dough? That's gon na be insane, i think, typically wherever the big money goes guys.
That is a huge indicator of what you should pay attention to. Options are a great way of predicting the future, because, typically you know keep this in the back of your mind. We don't know this for sure. There's a speculation, but typically people don't put a crap ton of money.
Millions of dollars into options plays unless they have some sort of reason or conviction to do that. Right, people don't yellow two million dollars in options and i think that could be a good indicator or something to come. I'm still holding i'm 100 still holding at the very least guys at the very least. Amc is worth more than seven dollars. For christ's sake, they sell movie tickets for 13 for 13. They sell movie tickets, get out of here eight dollar stock. What a bunch of crap capture! Thank you! So much for the donation. My friend was that mark cuban jr appreciate the channel.
Thank you so much, please address blackrock buying in amc. Thank you for the donation. I will pull that up right now and we will take a quick peek at that happening. Blackrock amc, buy blackrock has likely made 1.2 billion on gamestop.
This is posted january 27th. If any of you have a link to that article, please feel free to share that with me. Blackrock amc um purchase we're gon na see if anything pops up. If i do do not find anything, i would appreciate if you drop me a link and i will gladly paste it into my web browser and we will pull it up and look at it.
I will watch the chat bar for that very gratefully. What program are you using any recommendation for new investors to gain knowledge? How to trade i am using weeble. Weeble is a great platform. Also thank you to all 5 600 of you watching this right now that is absolutely mind-blowing to me.
I am so incredibly grateful. We got it, we got it. I am going to pull this article up right now, um, but i would recommend using weeble and if you'd like to learn technical analysis. I think that rainer tail spelled r-a-y-n-e-r-space t-e-o is the best technical analysis teacher that there is to offer and he would be the place to start so we're going to read this right now.
Let's cover this in real time. This was posted december 31st, 2020 date of event, which requires filing of this statement. So this may be an old article, but i will take a peek at it and just see what we got here. The remainder of this course page shall be filled.
Yada yada name of issuer amc, entertainment holdings, incorporated item two name of person filing is blackrock citizenship and uh. Common stock see cover page. Let's dig through this ownership amount. Beneficially owned is 621.
Oh, this is 6 million. 211 000 total shares percent of class 5.7 percent number of shares as to which person a such person has sole power to vote or to direct the vote: six million ninety two thousand eight hundred and sixty ownership of five percent or less of a class. If this statement is being filed to report the fact that, as of the date here of the reporting person, has ceased to be the beneficial owner of more than five percent of the class of securities check the following, so what we're seeing right now and i'll take This for what it is, if this was uh filled on december 31st, 2020 - that is still pretty relevant right, so they still have a stake in this stock. Uh, so it'd be about a month old, maybe a little bit more than that, but that could be significant. That means that blackrock could very easily have a 6 million share stake in amc right now, which would be absolutely insane i'd be interested to know if they've sold. Yet i don't think they have um, but they upped their stake. Did they dang? So i'm going to keep digging through this and see what the increased stake is. So if the increased stake is to 6 million, i am going to take a quick peek here.
I know this was talked about briefly before this blackrock has just filed an sc 13g over 6 million shares. So if they increase their stake, that's huge news there. It is february 2nd 2021 dated february 2nd 2021. So this is very new, very relevant.
That's huge! That is absolutely huge, baby we'd love to see that six million shares from blackrock. They know what they're doing guys. I don't think blackrock would have gotten into this stock right now if they did not think this is going to pan out i'd, be interested to see what they got filled at, i'm not sure if they got filled. Yet i'm trying to see if we see a price in here, but i don't see one right now, so i'm interested to see that if that does come out in the future, i will talk about that.
But that is some pretty huge news. Thank you for sharing that guys, uh an increased stake to 6 million total shares from blackrock posted as of today february, 2nd 2021. Thank you guys so much man. This is crazy.
This the amount of uh the amount of people in here is insane. It is market closed. We did close the day at 7 and 84 cents after hours up just over a percent. Let's look at gamestop as well gamestop up two percent, but they took a hefty beating.
Gamestop got swacked. They got swacked hard. That was a tough day for gamestop guys very hard to see very hard to see so we're gon na come back here to amc and keep this up for everybody. We've got this on the one minute chart and uh.
We will watch the live price action in real time, so you guys can have that in the background all right coming back down to address more of these uh donations. Thank you guys so much. I really do appreciate these super chats. You guys all rock man.
This is the coolest thing ever i genuinely enjoyed talking with everybody. Thank you zach. I appreciate it. Lifebrook style, hi.
I've heard that a lot of the short percentages are not right. Everywhere, says something different. You know how much is left on gme and amc. So good question: i'm glad you brought this up.
What we do know based on the information that i currently have. This is a very reliable website or text is something that i purposely pay a monthly subscription for, so that i can have relevant information. And what we have here as of january 15th is a 100 and or no as i was 44 million uh short interest in volume on the stock, but fintel does have 76.9 million in total short volume as of today. So i use this as a pretty reliable resource from fintel 76.93 million in short volume, as of february uh, first, which is good, and then i take the utilization, the the costa bar, which is the interest per day and the days to cover, which is the current Uh amount of time that it would take for shorts to cover on their positions, so this is a very good website guys. I will continue to use both ortex and fintel to provide you the most up-to-date information that i can blake. Thank you, my friend. I really do appreciate it. Thanks for all you're doing for someone wanting to learn technical analysis, training where's the best place to start rain or taiyo spelled r-a-y-n-e-r space t-e-o.
He is the best in the game. 100 percent all right from mn here. How many shares can amc pump out so there's not really a limit as to how many shares amc can pump out. They can create shares as much as they really want to um.
It's just going to depend on the situation. I think amc honestly by diluting their shares, it's kind of a bad move. I see it in the short term they're trying to generate some revenue but uh. If they don't want to go bankrupt, they need to take a position in this fight guys.
I haven't really heard much from amc. I did see, i think, and i'm going to share this right now. I'm gon na show you amc movie theaters to open, and this could have been fake, but we're gon na check it out, because i do think that this was uh relevant amc to open all right. So i take that back.
You know. I always stand by what i say. I don't want to give you guys any false information. I thought i read that, but we will take back what we say uh, because i don't want to give you any false information ever uh, but they need to take a position.
They need to say something for sure. 100. All right. Coming back to the comments here, george chandler, thank you for the donation.
I appreciate you, my friend sorry this morning in the group stream with brian, but you definitely helped explain and team teach so much with facts plan to join the discord. Thank you. I'm glad to have you here welcome to the community. My friend, i love everybody here so much it is a blast.
I do appreciate everybody immensely rocco cheers from canada. Thank you i'll see you in the discord my friend cowabunga. It is beautiful inner vows. Thank you for the donation.
I've been spreading word of the short letter attacks to newbies, so they can file their complaints to the sec. So far seems good. A lot on board maybe start a petition for it, so it can't go unnoticed guys. So this is something that i am trying to do.
I'm trying to get a hold of the wsb moderators so that i can coordinate with them and make something happen. I want to make something happen. Oh amc, twitter. They are open, good stuff. I'm glad you guys said that i thought it wasn't crazy. I thought i read that somewhere, so we're gon na come over here to twitter and look up amc, but that's something i want to make happen guys and if you want to help out in any way, i'm not asking anything of you ever. I understand that everybody has different situations, but if you want to help in any way, i think a great way that we can start is if we can get me into contact with the wsb moderators. So if all you want to do, this is all i ask is just tweet at them or retweet what i posted on twitter and just at wsb mod.
That would be a great starting point, so we can keep moving forward with this movement too late for second guessing, let's see here, let's see here four hours ago, four hours ago, popcorn candy yada, yada, yada, yada man, they post quite a bit dang february 1st today - Is the second, your hall of famer in my book enter a world of magic and music book? A private screening experience a new world, not seeing it right now, but i do take your guys's word for it i mean i'm seeing trailers. So that's! That's all the news that i need to see to feel validated in the fact that amc will be reopening their uh, their theaters without a doubt, amc, theaters yeah, i mean they're pretty active right now. I feel pretty good about that. Coming back to the charts, real quick, give you guys an update on the price action, not a lot of volume here in the after hours, they have died down immensely, not a lot of volume at all.
That is a huge, huge drop off we're looking at 86 shares uh that were traded here in that one minute window. So looking a little bit slower, it's a little bit slower on the volume guys, so the volatility is going to go down uh. So, if i'm being completely honest with lower volume, is going to come less volatility and you're likely not going to see a huge push here, unless volume really does start stepping in, i have read in some different places that wsb was planning on pushing this really really Hard today amc specifically so let's look up wall street bets and i am going to pull up the reddit thread that we have available for us and just see what's going on man, you know they've made it when they've got their own wikipedia page. Also, i see everybody donating.
I am so grateful for everybody here. Thank you guys so much i i will do my best to get back to every single person here, but i'm going to walk. Look at the wall street bets reddit forum really quick and see. If there's new relevant information that we can look at everybody's, saying that i passed it too late for second guessing too late to go back to sleep, get your tickets to the marksman, all right, amc, stubs members save today when you see the little things five.
Is this it old? It's only a matter of time. Celebrate black history month, beautiful stuff, popcorn, candy and groundhog day movie sounds like the perfect combo a new world of the dark secret experience, the story, i'm probably just a ding-dong. I probably just can't read, but i promise you if you guys are saying this, i'm getting this from multiple people. I will 100 take your word for it. We're gon na come back here to the red thread which is down it can't be reached, so either wall street bets is being monitored and their issues here or their server is crashing because of the extreme demand going on with reddit. So that's nuts reddit's down right now, holy cow, that's nuts! All right! We're gon na read through some of these comments. Guys. I appreciate everybody.
That's taking the time to drop a super chat. You guys all rock. If you do not mind, don't do this! For me. Don't do this for me, please drop a like because we like this stock because we like this stock, it apes together, strong apes together, strong baby, appreciate everybody here.
Thank you so much all right, innervals. I appreciate you daniel, thank you. So much pl people are banning planning to buy 10 shares 10 minutes before close today spike the buy volume that'd be pretty huge, it does look like we are still seeing and it does look like that happened too. We did see a nice little push at the end of the day.
Still bleeding a little bit um, we broke out of a pretty pretty gnarly upward trend line, so this is still looking pretty tough. I'm not gon na lie as well. King. Thank you.
So much for the donation. My friend sounds like a lot of newbies and market paper hands man. My hands are diamond i'll. Tell you that right now, i'm not selling, and i don't plan on it anytime soon.
I'm here for the whole ride 100 blah. Thank you for the the the donation, my friend, i appreciate you immensely average joe. Thank you as well appreciate that extremely sean appreciate your detailed info. If amc was later down to 13 monday into six today, what's the stop continue laddering to zero? If nothing, why did lettering seem to pause this pm still holding amc? Well, that's a great question, my friend, so essentially it's it's speculation.
We can't say for sure why the laddering stopped, but we can say is once we hit six dollars. The volume started, picking up and buyers did step back in to push the price back up to nine dollars, which is good. That is exactly what we wanted to see. We pushed through a couple critical levels of resistance and then from there it was back to the same stuff.
We stagnated. We broke down this level of support, which is a very critical level, and once we broke there, it was acting as a level of resistance and from there it didn't even it didn't matter. We saw this nice george w, which is a nightmare this this uh, the standpoint and i've had this this thesis and this this feeling and opinion towards the topic, the entire time that i've been in this situation. As you guys know, i had my fidelity positions. Closed. Uh against my will. This happened to a lot of people. At the exact same time, it happened at 11, 25 to 11 30 a.m across a lot of fidelity accounts, and what i've deducted is.
This is because they didn't have enough collateral for the people who were taking losses in the stocks, so they liquidized them and they did it against their will, and i don't feel like that's legal. I feel like this is going to end up being a lawsuit in the making. I feel like a lot of companies such as robin hood, are going to see a lot of lawsuits and lose some big money. Big customers and it'll be very interesting to see what happens down the road here.
So thank you so much for the donations, my friend josiah. I appreciate it very much my friend. What's the name of this tool you're using and how did you get started trading? I use weeble weeble is a great brokerage platform. I've got a link in the description box down below if you are interested in what is going on there um, but i also use a couple.
Different websites or tex is another great website. In order to get some nice real-time information in terms of statistics going on with the stock, thank you my friend diamond hands. I appreciate you brian ronald, thank you so much uh great job this morning, i'm brian j. It was a blast man, i really did enjoy it a lot.
It's great to have you here. You know i had fun there, but i can't lie. I love the community here at trey's trades. It feels real real good to be able to talk with everybody and interact with my community, because you guys all rock this is my favorite thing in the world to be able to talk with everybody here patty.
Thank you again. I appreciate that so much peter congrats, on your collaboration with brian john, really, like your video on why amc stock didn't squeeze, i see the shorts are growing. We still have a good chance to squeeze this week. I 100 think so because at the end of the day this this is still a fact.
Options expired and they still have to buy back their shares. So, no matter what the price is, the squeeze is still likely to happen. I i 100 think that i i think the squeeze is still possible. Of course, i have no shame whatsoever and i have no hate at all towards anybody that decides to remove their position from uh from their from from amc or gme.
It is 100 okay, and i understand so we're going to scroll, keep keep scrolling down here. Thank you again. Uh. Oh you're, gon na check out this link.
Thank you elizabeth. I appreciate that uh that link. We are going to open this up right now copy and we're going to pull this up. So this does have blackrock involved we're going to take a peek at what this is, so that we can see what's going on an ovs soars as reddit crowd takes notice.
Blackrock boosts steak, so it looks like blackrock boosted their stake in i and oh that's interesting. All right. So innovio pharmaceuticals soared tuesday, as retail investors rallied on the online messaging platform reddit and took aim at the drug industry. Shares of the plymouth meeting uh penn company were climbing twelve percent to nineteen dollars in pre-market trading. The stock could finish up thirty three percent on monday anuvio also got a boost. After new york, money manager blackrock increased its stake in the company. Blackrock now owns more than 14.2 million shares of anubias stock or 8.4 of the company. According to a regulator, filing regulatory filing anubio needs us, a reddit post announced spread the word.
This is a battle against corruption in the fda, big pharma and shorts man. That's not that's huge, so that's that's the catalyst that we saw really pushing a noob or ino um price action. Today, that's huge! That's a big big price action. I like that, a lot, that's exciting stuff, guys, hey! You got to pay attention to where the institutional buyers put their money, not the ones shorting right, we're not talking about uh melvin capital, but we are talking about companies like uh like blackrock.
That's a big deal. Thank you for sharing, that's huge. Can you show the volkswagen 2008 comparison? Some people want to see it. Thank you very much.
I will do that right now. I'm actually glad that you brought that up so get this. This is going to blow your guys's freaking minds, you're going to lose it you're going to lose your minds, because this is insane look at this volkswagen stock squeeze from 2008. Basically, what happened is volkswagen, which is known as the mother of all squeezes, or the infinity squeeze had this insane insane run-up and right before it happened.
What do you notice this right here right? We see this huge pullback now get this. Let's, let's just go like this and we're going to match my screen with weeble. Now, if we look at this on a one month chart and look at the price action here, it looks like we might see a pretty hard pullback on amc. Let me pull this up real quick.
You do see that we are starting to have that pullback happen right now. Now i'm going to clean up the charts just a little bit, i'm going to clear this all off. I will gladly reestablish levels of support and resistance, but we are pulling back hard right now and if we came all the way back down to previous lows um what would happen? Well, let's show you this again: the volkswagen squeeze. What happened? We had a nice little run up from a very low position.
Had a nice nice little push like we're, seeing right here, small pullback nice little push like we're seeing right here, and this looks big right. This looks big, but in comparison to this, which is just a blip um, this could very very realistically be what's going on right now with amc, so i'm sure everybody that was holding a position in this company back when it dropped all the way back down to 200 pounds was losing their mind. I bet they were absolutely losing it, but if they held they were they were really gladly rewarded. So this is obviously not a vacuum. You don't live in a vacuum, it's not i'm not guaranteeing you. This is going to happen. I'm not a financial advisor, this isn't advice, but it is an interesting comparison to make and a lesson that we can learn from right about patience about holding a stock, regardless of its its price value, so get this. I think this is very interesting if you have extreme conviction in a stock right, if you, if you firmly believe in the end game, you firmly believe this is going to get squeezed.
Then the price is psychological to you. It doesn't matter what the price is, because if you believe it's going to squeeze, then if it drops all the way down to a dollar, if you think at the end of the day it's gon na, it's gon na hit 40 bucks based on what you think. Then it does not matter that is my my current conviction. That's what i think about the situation here and i'm going to continue to hold, as i have uh so far.
So that is my take right now and uh. We're gon na keep answering some questions here.
Most newbies fail simply because they don't understand how the market works in general, or in particular how the market relates to the stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. You can also benefit from his good work, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debt when I needed it the most. He guided me with the exact time frame to trade I started trading last week and I made $15,000 today with his strategy. Contact him and thank me later.I'm pretty certain he'll get in touch. I hope you use this info too mitigate risk ( Michaelfransway @ gmail .com)
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Any reason why you are not going live today about AMC open? Any cause for concern with your sentiment?
Please put a time and date stamp on your videos. Thanks for the information you put out there it is great help
With all the division pushed on us for years now, I’m proud to be a part of this movement where all walks of life have collectively joined together against the blatant corruption taking place right before our eyes. United we stand, divided we fall.
Fantastic video ❤️Looking at the bullish moves top crypto assets has been having since last year, I'd call it a very big win for hodlers of btc. Though 2021 is set for much bigger gains as predicted by analysts, personally holding is still a very odd way of making gains which isn't really my thing, considering the Dynamics and low bucks one gains within the time. I prefer trading assets which has provided me a far bigger pay gain than I initially imagined, although am still far from being an expert trader. Trading is serious business that is both technical and demanding, major reason I just employ the use of signals from trade expert Jayson Brian, I will admit his signals and trade guide has been top notch and core to my trading successes, trading experience and good mastery of the market really sets him apart from other pro trader. He can be reached on Telegram (jayson_trade7) and WhatsApp (+18053034263) for all crypto related inquiries
Robinhood literally takes from the poor and gives to the rich 🤣🤣🤣🤣🤣
These brokers are all full of shit. They blamed limited trading on margin traders but stopped cash traders from buying and selling too. Liars.
If they can manipulate the stock as much as they want with such similarities why are we still buying? Does that mean they can manipulate themselves out of the squeeze? What are the other movie theater conglomerates? Starting to get confused of the Goal 🥅
I'll listen to this guy with my life… bought 10 more shares for the morning!! AMC TO THE MOON 🚀🚀🚀
AMC Tijuana is partially open. Went about 3 weeks ago to watch a movie with my family. 183 AMC Shares and holding.
Yo Trey, i did 5 years at Bragg. 11B AATW. im going to follow you long enough to tell you when you get to Fayetteville. You need to go to Luigis out in town. Best fucking resturaunt in the county. Reccomment their chicken alfraedo and their chicken ceaser salad. Dog i wouldnt be this weird on YT if it weren't worth it. Just read the damn reviews if you think im sus.
Bought 1000 Friday morning…at $14 nothing to do but buy another 1000 when it hits $5 and watch it go to $100✊💎💎✊
StockTwits is now mass banning accounts that have been supporting the GME AMC run. FYI I've got screenshots.
i hope you read this
Something I'm considering as a possibility is that since the requirement is 5% to maintain a specific benefit,
and they currently hold 5.7%,
are they possibly expecting dilution
or a possible sale of maybe around 700k shares as/if it runs up?
Subscribed and watched for the past two days ! God bless you for helping the people who do not know.❤️🙏🏻our family new favorite!
If Blackrock were to have sold the stock, they would likewise have to file another one of these SEC disclosures showing that they reduced their stake to less than 5%.. might be a bit delayed from real time, but it will be out there soon enough if they did drop below 5% stake. Right?
Amc was close to bankruptcy before their latest financing. I hope they can survive but they have a long road ahead. The only hope for it to go up is another huge short squeeze. It’s business is really struggling.
Dude, I've legitimately never been so excited about stocks than I am when watching your channel. Caught you in Brian Jung's Livestream today and it was a great opportunity to learn about you and your channel. You got yourself a new subscriber and I'll be tuning in from here on out. Really appreciate the passion and enthusiasm you bring to the community! Keep up the great work, brother!
Trey your right AMC and GME Chart are the same charts on top of each other(( 20 d 1hr, 5 d 5min, 5 d 5min, and 1 day 1 min,))same pattern wow. Everyone look at the charts side by side or over each other – same pattern no real difference.
Averaged my position to 9 a share. Will continue to average at stock trading price. Im in it for the long now!
AMC💎