What's up, what's up, what's up? What's up youtube? Oh, what is up what is up everybody welcome back to trade's trades. We got technical analysis and different stocks in the stock market, as well as potential buy, hold or sell opinions on these given stocks. I can preface by saying that i'm not a financial adviser nor experts so take what i say: the green assault. Let's get into the video guys, how are you digging this new camera holy toledo? I picked myself up a dslr.

This thing is nasty. It looks so freaking crazy. The picture is awesome. I'm looking at this right now, just enjoying life and uh.

Tell you what i'm rocking my george w shirt. You know what it is. This thing came in the mail just today, very very happy about that, and only toledo - we've got quite a bit to talk about here, so uh enjoy the new camera setup. I hope that the quality is nice for you, guys uh, i'm gon na i've got that shirt.

I just wanted to rock that show you guys. What's up and uh got a little story for that i'll tell at the end so watch for that anyways we're gon na talk about amc, as you can see up here in the top left corner of the screen. This is amc for you and we're gon na run through the basics here, so we're gon na run through i've. Seen a lot of people worried about the 500 million share vote.

That's gon na be taking place in may right, so we're gon na run through that. We're gon na talk about the recent short interest numbers. The current uh cost to borrow rate right, a lot of different different news articles that we've got different different twice different news articles. I've been pumping around here, so uh we've got quite a bit to talk about.

Let's get into the video we'll finish off here, with the chart set up, so what we're going to start off here with per usual is going to be the numbers. So what are we looking at in terms of numbers on amc and, first and foremost, i want to tell you this is not a dead cat guys, you really do need to be patient. I have nothing but the utmost faith. Gosh i didn't realize i was.

I was not wearing my glasses, but uh bear with me here. We've got the numbers right here: not a dead cat check this out: 12.6 million total short volume. 21 short volume ratio compared to march 5th, so that's 21 costs to borrow is sitting at about 11.7 right now, 300 000 total short shares available. Take that for what it is.

This is too freaking easy guys. You really can't make this up, and this is why this is important right. I talk about this just about every video. This is important to talk about so we're gon na look at the amc, uh shares outstanding on market watch and i'll tell you what this has been talked about on uh.

You know by the ceo and some different people they're gon na possibly do a share recount and we've touched on this already, with the failure to delivers right. We had it. We have a feeling that there are some counterfeit shares that shouldn't exist out there compared to the overall public float check this out. Here's outstanding 377 million 374 million public float now.

This is important because, when you think about how many shares are available for shorting right now, 300 000 compared to the overall public flow, that tells you that there's a lot of shares that are currently being held by short positions: 99 utilization - guys, you cannot make that Up, that's so insane and people tell me this is a dead cat, you're, a dead cat man. You are a dead cat. You just can't make this honestly, my friends, let me tell you this right now. This will be a dead cat when and only when the media stops covering this and the short interest dies until that moment, this is still a live ball.

I 100 believe that, which is why i keep adding to my position by the way i've been asked by quite a few people. Trey have you uh? Have you sold out of your position and my answer to you is no, obviously i don't know where people are getting this this rumor, but i have a 1650 share steak people uh people are, you know, bouncing around saying that hey trey solo's steak, you shouldn't even Be in the stock anymore, this is your proof that i have not sell out of my steak, but anyways uh, it's not a cat. My friends and that's these are the numbers as we're sitting right now and that's what you really really need to focus on. So uh with with you know the possibility of them doing a share count right, they're, going to see how many actual shares exist, because i think we all have the same feeling here.

There's some counterfeit shares and illegal action taking place in terms of the the current float on the market right and what happens here. We've talked about this in my previous videos, but if you were just to draw up a quick line of supply and demand well, let's just assume that this is supply right here right. This is demand and uh higher supply. This is the high end.

This is the low end if you were to shift supply continuously to the left, to the left to the left. Higher higher higher higher what's happening is the divergence between supply and demand gets lower and lower and lower. So what you have is lower demand - and this is what they're trying to tanker down on right - is hey. How many counterfeit shares are actually floating around the market? How much naked shorting is happening? How many failures delivers? Have we had on the stock right? And that's that's exactly what we're getting into with this stock and guys.

That is the greatest news that you could possibly have in terms of amc. Now we need to talk about this as well check this out. What do we have in terms of this 500 million class? A stocks being created, does not affect the squeeze yada yada. Some people are scared, crapless, they say trey.

I tell you what uh? I really think this is going to screw up the squeeze, and my answer to you is the same as this redditor uh. My answer is no very, very simply no and uh i stand by exactly what they say. May 4th is a shareholder vote on the 500 million class, a stocks being created so which means that until this may 4th, when this would may the 4th be with you, may the fourth be with you until may 4th we don't even know if this is going To happen, and even if they vote yes on this right, this there's there's uh, it wouldn't happen immediately. It's not going to happen on may 4th it's going to take some time to really play out.

So that's huge, that's a big thing to pay attention to and uh. You know from that may 4th date. They might even not say yes, it might get voted down. It might not even happen, but what are some possible reasons to why this would happen? First off? Don't worry about the squeeze, this does not affect the squeeze potential, but it's this check this out class are not traded on the open market.

Why would that be important? Class days are largely used to help position a favorite potential parent company in such a way that the merger acquisition is certain to occur. This could be an indicator of a possible amazon or other takeover right. This is not a bad thing. This is not a bad thing.

Class a shares are not traded on the open market. This would not affect the public float that is available to the everyday retail trader or investor, just like us right so take that take it. Take that for what it is. These shares will hit the market until months after the squeeze is closed.

Not sure, if that's my word, if that's the word, but it is, may 4th is a vote. It takes time to ratify. Vote board has to vote when they do want to add shares and by how many sec filings private, offering historically 46 months if they wanted to put them out right away, but they use language suggesting no urgency right. So don't be scared by this 500 million class.

A stocks being created right, it's not going to dilute the market, it's not going to kill our chances of a squeeze right. That's that's my personal two sense here. I've seen some people also ask, and you know, by the way i've got no beef with uncle bruce at all stocks. My stock markets with bruce, i don't know where that's coming from um, but me and him are good - we're like this right.

So we had a stream together. He was talking about gamestop, that's his baby. I talk about amc because i believe in amc's cause quite a bit and some people are saying trey. Is it really true that amc can't squeeze because of the public float that is available on the stock and i just don't think that's uh, that's a viable reason to say that it can't squeeze and i'm going to show you why so check this out, just because Gamestop has a lower overall float does not necessarily mean that it can't squeeze now.

What it does mean is that there's less shares currently available for trading right. That's there's less overall shares available to the market, but what that doesn't tell you is how many people are holding that public float? Well, we do know about amc right. What do you know about amc? Well, i'm going to show you right now check this out. Amc is the most popular stock across reddit on twitter.

As i was most popular stock across twitter, we know that it is the most held stock on robinhood right, so a lot of these shares are being scooped up and held by individual investors. This is also very, very cool to check out. This is on balance volume. What this tells you is the higher the number the the more people are holding in comparison to the overall.

You know red green volume coming in and this indicator right here is basically saying that most people are buying and holding when the stock was trading red right. Even when it's moving up here still buying and holding by and holding by and holding people are still holding amc right now, guys there's no beating around the bush. It is what it is right. I don't believe it.

I don't believe just because amc has a higher overall shares, outstanding or or public float right mean that uh it can't squeeze. That's just not the case here. For me, the public float is 54 million here on gamestop, and it is 374 million here on amc. Amc is cheaper, so people can afford to hold more shares in comparison to gamestop.

Right gamestop is trading 138 bucks, which scares away some investors. That's just the truth. That's the way that it works. So if you want to take that for what it is right, you haven't even considered this.

The failure to deliver the ftds baby, the hedgies, trying to steal our attendees. They screw up the supply and demand right, so basic economic supply and demand higher supply equals lower demand. Well, if we have counterfeit shares, uh circulating on amc right, that would mean that out of the 374 million you likely have more, that could be 400 million. 450 million 500 million - who knows right, so you get? The point here is with this public float.

This is just a number that we even can't rely on, which is why we've heard this rumor of amc doing a share count right, because i just think i mean you get the whole picture here, guys you get the entire freaking picture uh. This is still squeezable. Still squeezable we've got the numbers here: we've got 99 percent utilization. Cost of borrow is at 11 freaking percent.

300 000. Total short shares available right. There's. I just don't see it when people tell me this can't squeeze.

I just i just don't know what they're talking about everybody know whose ehort is right that guy on on twitter ehorst says this is his top candidate for a squeeze potential in the near future. So if he believes it man, he he's been doing this a heck of a lot longer than i have i'm gon na keep hunkering down and have a conviction in the numbers that i've crunched and the research that we have done here as a team and community Over at the gorilla gang baby so take that for what it is take that for what it is now one of the last couple of things that i want to talk about. Well, how do we make this squeeze happen? I'm going to stand by what i've said in terms of options contracts right now, what's very important, is purchasing out the money options contracts on amc. Now.

What would that look like for you right? That doesn't necessarily mean you need to purchase some of the 12 march 2021 expiration right, but maybe you you go out to 19 march or 26 march, and i i really do urge you, if you're not experienced with options, do not play them right. I've got a couple: videos regarding you know, amc options if you want to check them out, they are in the amc, playlist so feel free to do that, but i would recommend purchasing some out the money call options with a cheaper premium right. So maybe that would look like 26 march 2021. You could purchase the nine dollar strike or the 10 strike.

Of course, with that higher strike you get to pay a little less premium, the closer you are to in the money or underneath that market value right a strike price underneath market value. So right now, eight dollars is in the money, because it's underneath that market value, which we are trading at 805., so the closer you are to in the money right, the more you're gon na pay for that premium, which is essentially insurance right. You pay a higher insurance to lock in a more safe, a more safe strike price. Well, if you're going a little riskier, you don't have to pay as much because there's less opportunity for you to actually have that in the money in the end and that's why, as it gets closer in the money, those premiums go up because people are willing to Pay more to get those options contracts, so if you want to, you, know, buy some 9.

10 11 calls for 26 march 2021. It has pretty solid potential to expire in the money on that date. And what do we have here right? We've got a crap ton of uh options, contracts that are going to be expiring on 19 march 2021 on amc right. This is amc right here.

We've got eight thousand twelve thousand seven. Sixteen three, sixteen five ten, two eleven three ten right. Look at all these options, contracts that have open interest that are expiring on 19 march, so you guys get the picture here. There's a crap ton.

I mean fifty thousand at this. Ten dollar strike uh coming up here on 19th of march 2021. So, even if you just want that 10 strike, there are 50 000 options contracts honestly, and this tells you the entire story right if we've got a public float of 370 million, and these market makers can essentially write up unlimited options, contracts right, they can hedge, the Crap out of these and counterfeit shares, all they want create synthetic shares. This tells you the entire story, my friends.

This is a way that you can make them hedge and have to push up that strike price, that the market value right and get that market. You know those options contracts in the money, so that would be my my suggestion. If we want to see this move - and i did buy some awesome options contracts, i had four last week, i plan on buying more this week and i plan on exercising them again to lower my dollar cost average contribute to that hedge that delta hedging right and Continue to push forwards for that gamma squeeze. So that's what i'm thinking about right here, my friends, we i'm not gon na, give you a hard date.

I'm not gon na give you a hard strike price. I'm not gon na give you a market value right. That is entirely up to you. You guys pull the trigger.

What i'm telling you is. I feel extremely extremely comfortable with my current amc position and i do think it is going to do some good things. I do think it is going to squeeze and if it doesn't squeeze, what do we have right? All we have is a downside, possible amc, amazon acquisition or a good covert quarantine recovery plate each one of these is going to be huge right. So take that for what it is, and if you want to see this short squeeze, you got to see this gamma squeeze gamma squeeze from gamestop led into the short squeeze position.

So what do we see here right? You saw a little bit of a gamma squeeze ran up from you know: 12 bucks up to 20 up to 30 up to 60. short squeeze all the way up to 483 dollars at the height of that wick. So that's what we're looking at on gamestop and that's what we need to see happen here on amc, so if you can afford to purchase options, contracts right! This is not financial advice, of course, but uh. If you're comfortable with them.

You know what you're doing right. That is a way that you can contribute to a gamma squeeze potential situation and then, from there right, we've got the short interest. We've got the utilization. We've got the cost to borrow starting to go up, we're putting that pressure.

We're smacking down on these stupid, shorts and saying hey. You really need to. I shouldn't have said stupid if your retail shorter, i don't agree with you. I think that's a dumb decision, but yeah you do you.

I do you but everything's there. Everything is lined up. Don't worry about these 500 million. You know shares that could potentially, potentially this isn't even a guaranteed thing potentially dilute, because this isn't even going to dilute class a shares aren't available to the public so take that for what it is, i'm quite pumped i'm way pumped.

I know i didn't put a video out here yesterday, guys so bear with me. We're gon na look at the one month chart here for any last minute things in terms of the amc price action. Not a lot of volume has been popping in on this, and i say this: every single video. We are not going to see the squeeze, we're not going to see the squeeze closed until that volume squeeze close who's goes until that volume pump comes, keeps pumping.

It guys got to come back. So that's what we're looking at here on amc right now. What do we see in the last couple days - 59 million 76 million 54 million 77 million four red days in a row, and this could be. You already know what it is.

You already know what it is. You already know what it is. George davia baby. We could see a potential george w starting to form up here, so we got a bottom right here and a bottom right here on the daily candle.

So that's pretty solid. I don't mind that setup at all. That could be a good sign of an upcoming run, and what are we looking at in terms of a technical setup right? We have 1086 as a super super huge level of uh resistance on the daily candles on the one month chart right. These are uh one hour candles.

What do we have here? A george w set up right. We got that bottom right here, bottom right here. If we get this to move coming into the pre-market in the regular market hours tomorrow, we've got an ascending level of support. Right here right, so that's pretty freaking solid.

We have broken out of this downward trend. We have finally gotten a little bit of movement happening now, because we escaped that nasdaq beatdown that has been taking place here for the last three or four days. So that's definitely gon na help out the piece of the puzzle in terms of amc right and everything is lined up. So one of the biggest points that i want you to take away from this video, my friends, if you're looking for an entry point on this right, you want you want to add to your position.

I do think you see an opportunity to get this at seven dollars and fifty cents again if it drops below that where's. Our next level of support right around here at about 7.07. Do not panic. Do not panic.

We've got earnings coming up. Earnings is going to be an opportunity for the stock to do some. Ah, some wishy-washy things right. Earnings aren't usually a time where you want to hold the stock very long.

If you're going to be, you know midterm trading short term trading right because it can be volatile, you can see it really rip or you can see it really dip in the matter of minutes right. If you see a dip on earnings, do not panic, don't let that scare you out of your position. That is crucial. I really really really want to double down on that.

Don't panic! If earnings dips, don't panic if we dip at all this week right, i want to say this: i i saw this in a video myself. I think this is really worth talking about if you are sweating the day-to-day movements on amc. This is not the stock for you. This is not the stock for you.

You need to view this as a long-term investment. You need to have true conviction right here right. It comes right here and just double down on your convictions, guys you, if you've done the due diligence, you've done the research, you know the numbers, you know the situation, you know these shares are not going to dilute the overall market value. We know we've got this failure to delivers.

We know that we've got this being the most held stock on robin hood. You know this is trending on twitter right. We've got so many freaking things that are pumping this thing right now and if that's not enough for you, if that is not enough for you guys, this isn't the stock for you. You should go put your money as, as keenan would say, consider investing in index funds.

I'm serious! This is not going to be the stock for you if you're going to be sweating these day-to-day micro discrepancies. I really do urge you not to invest in this, because nobody can tell you when it's gon na happen. Nobody can tell you what price we're gon na hit. You just got ta play it day by day and have some fun guys.

That's what the market's all about right we've got the community here, we've got the gorilla gang, we've got some freaking strong apes and uh we're just gon na keep riding it out. So that's what we're looking at here on amc. Don't worry about this dilution. The numbers are there right: we've got the setup if it dips on earnings, don't panic right, hold out, hold out, hold down you're going to be sitting just freaking fine.

So that is what i have for the video today. My friends, if you enjoyed it, please drop a like if it does help support the channel and consider subscribing if you'd like to see more content like this. Lastly, i have an affiliate link in the description box down below for weeble. This is version 4 for the desktop great platform that allows you to start training at 4am, the pre market.

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If you like to check that out, uh great community of awesome investors, a lot of them way more intelligent way more intelligent than i am so uh that is available for you. It's five dollars a month for the patreon for the cheapest plan. We keep it nice and cheap so that the apes can keep on eating baby. So that is what i have for you guys today, uh i'll catch you on the next video, my friends, take it easy and peace.