Let's do this: what's up everybody, how are we doing? How are we doing welcome back to another episode of the traders podcast, we are back again to cover some live price action here on amc, i got myself a good lunch. Had a meatball, uh, meatball sub from subway, wasn't too bad, it wasn't too bad at all. Uh, it's been a day. We've got actually got quite a bit to cover there's quite a bit.

That's happened here in the last five hours that i want to talk about. So we're gon na look at the price action here on amc. There are a couple different things that i want to show you guys uh. There was a hit piece that came out today from market watch talking about amc, giving it a one dollar price target.

I want to talk about that overall. I want to talk about the price action here and the selling that's happening here on amc and give you an explanation as to what i think is going on with the amc selloff. This short ladder, we're gon na, give you a little bit of a walk through on what this means and then we're gon na talk about uh, the overall silver situation right. So, what's going on with silver, what's the deal with silver uh, what's naked, shorting, we've got so much to talk about guys.

I've got a lot that i'm excited to bring to you guys attention and before we get into the video i'm gon na ask for two things: uh first off drop a like because we like this stock. That is the only reason i just want you to like the video if you like this stock and secondly, i'm not a financial advisor, and this is not financial advice. I have to say that right off the bat, so i'm gon na read off some comments here before we get into the video trey gang. Welcome! Welcome, jesse good to have you here.

Amc hold, buy more tribe sid. My my funds did end up settling, so i did buy more amc. My current position is 189 shares at a dollar cost average of 10 31 on weeble and then on fidelity, which is in the process of being transferred over to my account right now. I do have a total position of 150 shares at a dollar cost average of uh 13 10..

So a little bit higher there for the uh, the fidelity account, but not too bad, i'm not i'm not too mad about it. Come to socal san diego for the best mexican food, all right! Well, maybe someday man. I i've been to socal once i did not mind it whatsoever. Louie.

I thought you were getting off. I did get off for a little while i'm back, though we're back in business, we got to cover the price action here happening on amc, so i do want to show you guys a couple of things. The first thing that i want to talk about here is uh the overall uh, the overall price action that we're seeing uh in relation to what has been going on with twitter and marketwatch, now check this out. I want to show you guys a hit piece that came out from marketwatch and i did end up retweeting this on my twitter page and i'm going to show you this really quick.

So, let's just take a quick read on what this means and why. I think this is relevant and i do want to show this to you guys, because of that so check this out. Amc amc stock is now a cell with a one dollar price target, says mkm analyst, and let's just check out this article right. I want to read this to you and how and show you how ridiculous this is.

This is absolutely insane. I can't believe anybody would even believe this so check this out. Amc entertainment stock now, a cell at mkm, as analyst price target drops to one dollar and i'll. Tell you right now: one dollar is never ever ever going to happen.

This could be shorted to the freaking shadow realm. It is not gon na hit. One dollar amc bankruptcy has been avoided as skyrocketing stock price led to capital raise, but at the cost of diluting shareholders by 75 percent and i'll describe that in just a second and that's actually not the fault of shareholders. That's the fault of hedge funds and institutional buyers, but we're gon na get into that in just a second.

That's absolutely outrageous! So let's read this amc, entertainment holdings incorporated stock, has decoupled from fundamentals and should be sold according to mkm partners. Analyst eric handler, who said the stock could fall to one dollar this year. Now, that's absolutely bogus right off the bat i'll. Tell you right now.

If we look at the charts here, there's no possible way that this ends up touching one dollar, because if we look at the last year when this company was struggling as the worst that they possibly could have been struggling, the lowest we've seen is 191. back. Here we saw it down at 206. back here.

We saw it down at 195, absolutely no possible way that we see this touch a dollar. Last five years we haven't seen such a dollar max time. We look at this on the all the time that amc has existed. This has never touched a dollar.

This stock will not touch a dollar. I can 100 guarantee you. This stock is not going to touch a dollar so right off the bat. That's the most outrageous thing i've ever heard in my entire life.

If i i honestly read that article and i lost my mind, i was like you got to be joking. I retweeted that instantly. If i show you my tweet, quick you're, trying to tell me, people are supposed to take a one dollar price target serious when the stock was trading at the lowest point. In the last year, 191 pitiful attempt at fear-mongering weakness, disgust me buy and hold amc, and i want to come back to this article and just read a little bit more.

The stock amc plus 4.75 percent rose 81 cents or 6.1 percent an afternoon trading monday, but paired earlier intraday gains as much as 30.1 percent trading volume, ballooned at 353.3 million shares, making the stock the most actively traded on the new york stock exchange, and this stock Has seen a lot more volume than that i'll tell you what if we look at the most volume, the stock has seen it's 1.2 billion total shares so that the information they're presenting this article right off the bat is just ridiculous. I can't i can't believe that they're supposed to expect anybody to take this seriously uh to begin with, although the stock has soared four point: six, three or four dollars and sixty three cents or fifty three point: seven percent on friday. It has now recovered just 48 of the 11 27 or 56.6 percent plunge it suffered. Last thursday after the robin hood trading platform restricted trading in some stocks, which oh, i can't believe they're using this as the reason as to why this stock is tanking, yeah, yeah.

Okay, we're gon na believe this, we're gon na believe robin hood trading platform. Restricting trading in some stocks is the reason this is happening. Bs, that is such crap. There's no possible way that that is the reason why stock is tanking.

We all know what's happening. We can all look at the data. We can all look at the data here. So, let's just pull this up, really quick, we're going to pull up intel and we're going to look at the amc, short interest, and this tells you the entire story that you need to know this is this: is such crap? I can't believe that they did look at this 147 million total shares of short volume on january 29th.

This is updated short volume ratio of 24, 600 million total market volume. That's insane - and you can see right here. These hedge funds are doubling down on their losses, and that is exactly what happened today, so for them to come out and say that the stock is plunging because robin hooders were restricted from trading. Okay, all right that is the most pitiful excuse of a fear-mongering.

I think i've ever seen that that's outrageous, so this whole article, just to basically sum it up - is another attempt by the media, the hedge funds, to work together and scare people out of their shares. I'm telling you right now. This is not financial advice, i'm not a financial advisor uh. You just have to assume that i know nothing.

I'm talking about uh, but this is not true. There's no way the stock is gon na hit one dollar. Don't let that scare you into selling your shares? If you believe in this movement - and you truly 100 - think that this is worth investing into because of the cause right, because you don't believe in what the hedge funds are doing, i think that you need to hold your stock man, man and woman if you're, if You're a gal, but this is outrageous. This is the most ludicrous thing that i think i've ever seen for a hit piece.

One dollar come on come on. That's such bs! It's outrageous and i want to show you guys um another thing here. So if we pull up or text, i'm going to show you the days to cover - and i i covered this earlier and i think there may have been a little bit of confusion as to what i was talking about here. So i want to show you what uh, what overall short interest basically means, so i'm gon na i'm just gon na describe this to you really quick, so, basically to sum up what uh, what uh overall days to cover means right.

So if we pull up amc right now, well, that's 90! That's not right! Amc! Amc! Right now, on ortex, i'm going to show you guys the days to cover remaining and basically um days to cover after i show you this really quick, we're just going to pull up the details. It's it's absolutely insane! This doesn't make it. This makes no sense whatsoever. So short, shorts or days to cover is divided by the the short interest divided by the average daily share volume.

And if you look at the days to cover right here, it's point eight zero, which means that people in shorts right now are they're. In a pinch, and basically what they're doing is they're trying to extend uh their timeline here, because we know that their their interest rates are extremely high right now, they're, looking pretty rough, we know. We know that they're in a pinch, so they're doing every possible thing that they can to save their butts they're, though they're freaking out so bad right. Now, it's absolutely insane.

It's so crazy, and we see this in plain sight right now. Look at the look at this overall short ladder. Basically, what's happening right here is big hedge funds are selling and buying back and forth to each other in an algorithmic way in order to create selling pressure that doesn't exist, and i want to show you guys something else as well. You've, you've probably seen this floating around this, this term um naked naked shorting, and you might not know what this is.

So what i'm going to do is i'm going to pull this up and explain to you what naked shorting is, because that is exactly what's happening with gamestop and it's exactly what's happening with amc, so naked shorting first off is illegal and we are seeing this happen Right in front of our eyes, with both gamestop and amc - and i want to show you guys just a quick update on the price action before we get into this, but uh. Currently, we're trading at 13.77 have been in a pretty harsh downward channel and uh, basically naked shorting is, is uh, creating shares that that don't exist. So, let's just read this quick naked shorting is the legal practice of short selling shares that have not been altered. Affirmatively determined to exist ordinarily traders must borrow a stock or determine that it can be borrowed before they sell it short.

So naked shorting refers to stock short pressure on a stock that may be larger than the tradable shares in the market. So, essentially, it's creating shares that don't exist it dilutes. The overall shares it creates selling pressure that doesn't actually exist. It ends up.

It ends up altering the stock price, diluting the stock price, because there's more shares floating around it can actually wreak a lot of havoc. On the company and create strain for actual management and people there, it's it's insane. This is crazy stuff. So i wanted to describe all that stuff to you, so we can get up to date on what is happening today.

Why is this happening? And that's not even talking about the silver debacle which we can get into here later, if you guys like, but i wanted to start off by talking about all that, so that you are up to date with what is happening with this amc situation, i'm done ranting. I'm going to call it there we're going to start reading some of these comments. I just want to get that off my off of my uh, my noggin intervals. Thank you so much for the donation, my friend love all your diamond-studded fools and amc and gme me too, my friend, it's good to have everybody here.

Another good thing about weeble is you can turn off uh stock lending? That is. That is a good thing. I'm glad that you brought that up travis, that that is an important, uh, important factor. If we look at the level twos here right now, there's such crazy imbalance.

This is market manipulation at its finest look at all these uh. These buy orders compared to the sell orders right. We we have pretty even steven uh, buying, sell orders and and most of the time, there's more buy orders than sell. So, what's going on, stock price isn't moving insane amount of volume on the day insane insane amount of volume.

It's it's crazy, which day exactly these big investors will be covering their options for amc. Some people are saying that it is now on wednesday and at the latest friday, this can extend for more days or weeks or uh. Good question man good question, so rodrigo sabatini, basically is asking when this squeeze is going to happen when the shorts are actually going to have to finally cover and what this comes down to. Is they keep doubling down their positions so that they can hopefully make back their losses their naked shorting, which essentially means that they are creating shares and diluting the overall shares um? And it's illegal practice by the way they're not supposed to be able to do this? But we're watching it happen, anyways they're, creating shares that don't exist in order to help cover their butts, dilute the shares, create unnecessary and basically fake selling pressure, which we did see here today and uh.

This can extend the process in which they have to cover. So i anticipate - and i will make an update on this after there's new information released, but i anticipate that you're going to see a new basic cover that may be above 0.8 just because of the immense amount of uh short selling that we've seen take place today. Absolutely crazy holding to the grave or the moon, i'm with you, phillip, yeah man, i'm in it for the ride. I was able to buy more shares today.

As i said, i'm currently sitting at 189 total shares at a position: uh dollar cost average of 10 13, and i'm pretty happy about that patty. Thank you for the donation, my friend. I do appreciate that patty's over the discord. I do appreciate you coming on out.

I'm pumping your vid on facebook, great info, trey, hey! Thank you walkers. I appreciate that my man. That means a lot to me. I i genuinely enjoy doing this and, speaking with all of you, i try to give you the most relevant information that i possibly can zone.

I think someone had a pretty good day today. Didn't it so we pull up zome on weeble yeah. It came all the way back up to a dollar 13.. It was barcoding for a little bit today, but did see a pretty nice pretty nice little run up back from this 87 cent mark i'm going to zoom this out, yeah barcoding for a long time.

So this is traders coming in and basically scalping the stock buying and selling repeatedly with an algorithmic system, pretty crazy, um yeah, but zome had a great day today. It's up uh 19, not not bad. The volume is up right now, it's higher than it has been for a minute. It's even higher than we saw the initial pump at the beginning of the day, uh.

As far as entrances go. If we adjust the uh, the overall fibonacci retracement, we can see that a pullback to 61.8 percent did momentarily happen. It's barcoding pretty bad right. Now, though, the price action on this is a little ugly.

I love zone, i think zoma is a great play and if you can get into this near or under a dollar uh and hold this until march, you're gon na see this be a four or five dollar stock. I think it has a lot of potential to be set up like a jag-x or bngo thanks sam. I appreciate you, my friend pump this channel everywhere. Now i appreciate that ronald hey trey, are you worried about? Amc comes from robert robert, that's a great question.

Um part of me, sometimes you know i mean it's. We can't sit here and pretend that it's not nerve-wracking to watch the stock drop from 17 all the way back down to 13.. You know we're only up two percent on the day and at the height we were up - and i don't know 20 30 percent - there's an immense amount of stupid ridiculous selling pressure that shouldn't exist because of naked shorting, any legal practice by hedge funds creating shares that, Don't exist, working through market makers to manipulate the market and create uh, basically fake selling pressure. It's insane.

We've got this going on. We've got the overall silver debacle going on, which was actually never pumped by by wall street bets in case you're, wondering that was basically uh, something that existed back in 2008 to 10, the the silver, the silver shorting situation and they're. Just bringing this back up to distract people, it's insane, i'm holding amc. I the price action.

If i think about the dollar, the dollar sign right, um. Maybe that's one thing, but i personally don't feel that that nervous. If you got into this play back when i presented it to the channel, it was four dollars, so you would have been able to get into this in a point in which there's really no risk for you right. I was able to present this back before uh before it was, you know, being pumped by wsb, so uh most people over the on the channel that have been here for a while know that uh the risk for them is not extremely high unless your dollar cost Average up, in which case maybe you're looking at you, know a ten dollar average right, so i buy into this initially at uh, four dollars and fifty cents on weeble and i've averaged up a couple of times with uh, with some different deposits and stuff.

So, just to give you a quick breakdown on the price action here, we did just have a break underneath a level of support. We did have a level of support over here at about 13.61, we're waiting to see if this was a false break and if it was, you should expect a wide range green candle bar to poke back up here above that support line. But it does look. Like short, sellers are still in full force and look at this guys look at the crazy level twos here.

How does this make sense at all? It doesn't look at all these big buy orders coming in look at look at the amount of volume for buys compared to the amount of volume for sales. That is insane. That is just straight up market manipulation at its finest. It makes no sense i saw blackberry mentioned here, so i will pull up blackberry.

Real, quick blackberry has had a pretty decent day. It got hammered down pretty hard. You know at market open, brought all the way back down to 12.73. My analysis is that uh some shorts we're trying to cover, i believe, if i pull up the uh, the fintel information available to us that um hold on.

Let me just pull this up. That bb had a pretty decent amount of uh short interest at a actually reasonable dollar cost. Actually i think this is on market watch, so market watch uh bb short interest. I think it was market beat, but we'll just change that real quick.

So if we pull this up real quick 14.65, so most likely anybody that was shorting this this stock was actually able to get out and make a profit. So that was probably an attempt to to save some butts. I wouldn't be surprised at all uh kiq gap up to six dollars from one dollar. Well, i don't know a lot about this stock.

To be honest with you i'll look at this on the the one month chart quick and it's seen a lot of volume here. I mean if there's uh, if there's a catalyst behind this, i wouldn't be surprised, but that's a pretty hefty jump. Um kiq, kelso tech, railway equipment, supplier that produces and sells tank car service equipment used for the safe loading, unloading and containment of hazardous materials during transport. Huh, it's a pretty niche market.

I can see it doing something, but the volume is up which is good. It is an overbought territory, so you're, probably gon na see some sort of pullback here in the future with uh kiq would be my guess. So if you just pull this up really quick uh based on previous pullbacks, it's gon na be probably pretty harsh, but i guess i don't know for sure. It's gon na depend on the catalyst right, so it pulled back last time and held decently.

You know at 78.6 it did end up bleeding a little bit more than that so um, if you, if you feel pretty strongly about the overall short interest in this stock, that'd, be a different story, but i think there's better plays out there right now. My friend amc going down we'll check this out on the one minute, so it's it's actually hanging out okay right now, so this might have been a false break. We're looking for a nice wide range candle candle bar to come back in and step up right here. So we do have a lot of volume coming in on the green side, a lot of the bids uh not as many asks, so that is something that i'm noticing right now on the level twos.

This this break is is pretty outrageous. It's it's an immense amount of shorting pressure, which is insane and what's frustrating about this. Is it's illegal naked shorting is not legal. This shouldn't be possible.

You can't create shares that don't exist. You can't right now, there's so much freaking selling pressure on amc and they're diluting the basic cost and the share value. Because of this, it's insane hey! If you would not mind uh dropping a like on the video, if you like this stock, because i like this stock - i don't know about you guys. That would mean a lot to me.

That is all that i ask is if you like this stock, you like this video, my friends, thank you so much uh biola is barcoding pretty bad today, but i like bio, a lot as a play. This is actually dollar ten. It is it's a pretty decent day. I mean it's only down two percent: that's not the end of the world uh in terms of the overall growth, it's still an upward moving channel and we did see a bounce off of this ascending level of support, which is typically a good bullish.

Sign. That's a good bullish indicator um and it is squeezing down on price action overall, so keep in mind that everything going on in the market right now is going to affect the stock price here. But i anticipate sometime in the after hours or the pre-market you're going to see either a push above this ascending trend line or push beneath this descending level of support. Most likely you'll see a push above this ascending trend line, because we do have a double level of support here, sitting at a dollar and two cents as well.

As you know about a dollar four, so i find it very unlikely that you don't see this keep pushing and right now it's at a buck ten. It has been growing even though it's barcoding, it's not the end of the world, we're all going to be left bag. Holding man come on, we got to have, we got to have good vibes here. Obviously, a good exit strategy is important right.

We want to have an exit strategy in place with amc and to me you'll know when the amc situation is done when the news and media stop covering this stock and you stop seeing hit pieces come out and you stop uh and you stop seeing these distraction Posts right so like there's a huge influx overall in in short articles coming out right now, and that is an attempt, in my opinion, to distract people from what's going on with amc and gme speaking of gme. Let's pop over here and just look at how this is comparing to the amc, price action and it's very, very similar, guys very, very similar, so we're seeing the same exact thing happen right now: huge short ladder on the way down, followed by a small rally, followed By a little more short ladder, selling look at this overall volume, guys that that signifies, i don't understand how that's possible. It makes no sense sand dollar. Thank you for the donation.

My friend trey remember what i said: citadel earns 40 of weebles earnings and they have failed out hedge fund managers when they had to cover calls and they bailed out hedge fund managers when they had to cover calls. Oh yeah citadel earns 40 percent. I didn't know that man - i remember you saying that now but citadel's on the bright side. Maybe it was citron, but it's a frustrating situation.

Man there's so many there's, so many hedge funds out there and honestly i'm interested to see how so far ends up working out. That's a brokerage platform that i'll probably look into more in the future, but for, as things sit now, i i have no issue whatsoever with it with uh continuing to hold on uh. You know on my situation here with weeble, because at the very least, weeble didn't close out my positions in my accounts, which i am very grateful for thankfully so amc if we zoom in here did see a nice wide range candle bar, so some buying pressure step Back in so that's good talk about naked and bb. Please naked has an immense amount of short interest.

What do you think of it so naked is a stock that i think did uh. I feel like i thought they did better today. I'm surprised i thought they had uh. Oh, they pulled back, didn't they yeah, so naked had a huge run-up in the uh the pre-market.

I think a little bit of a gap up happen and they pulled back a little bit now. So if we look at the five day yeah, so what we can see is they they end up breaking the top trend line. False break came back down. This could be the beginning of a cup and handle formation.

So right now we're seeing uh this nice little dip this round dip and if we see a smaller one form right here, that's typically a bullish indicator, an ascending uh, george debia, which is a double bottom. Typically, a nice bullish indicator. So that's what we're looking for with naked! I think the naked, as you were saying, does have a pretty decent short interest. I am going to pull this up.

Uh really quick and just take a quick peek at this on um fintel, so fintel naked short interest. Tyler snook, thank you so much for the for the comment and the in the donation. My friend i went to uh fort knox, with uh with tyler with tyler snook, that's cool stuff uh. I sold my amc sticking with sundial.

You know sundial is not doing bad. It's been cranking right now, if that's where you want to put your money man, there's no shame in that. No shame at all. Sundial has been crushing, but naked does have a high amount of short volume.

130 million total shares 28 total short volume ratio compared to the market volume of 473 000 as of january 29th, and most people did cover their short positions here right, we did see 580 million total shares, i'm interested to see what uh, what sundials short interest looks Like if this is up or down, i'm assuming because we've seen a pretty decent run today, that a lot of people have covered short volume of 255 million compared to 1 billion in market volume, 25 short volume ratio and quite a few have covered, but only about Half right, so there is more potential here. I think, wouldn't be surprised. As far as blackberry goes, i will pull up uh blackberry, quick blackberry is a better mid to long-term hold stock, don't be concerned with the fact that it's it's getting kind of beat up right. Now, because blackberry is actually a good company, they have a lot of potential.

I feel great about where this could go um in terms of pullback, i mean we did stair step a little bit. This previous level of resistance is now acting as support. So that's a good sign. I do like to see that, but uh they got beat down pretty hard a lot of uh a lot of shorts selling a lot of profit taking.

They are up four point, four, seven percent on the day as of now, though, so it's not bad uh. I still hold the position in blackberry over on my fidelity account, and i will continue to do so. I think in the next couple of months you could very easily see this hit forty dollars nick. Thank you for the donation, my friend, i appreciate that my name.

My name is ned garsuk big fan from ukraine. We have a group here dedicated to your plays dude. That's sick! Thank you. My friend, that's awesome.

Heck yeah wasn't ctrm supposed to squeeze so we'll pull up. Ctrm, quick, so ctrm had a very nice run up here in the the pre market. It it pulled down. It first initially had a nice gap up, and then i think this would have been six am so yeah.

Six am cst, pulled back really hard and ran up to about 75.9 cents, but it's not doing bad right now. The situation should about remain the same right. There's not really an opportunity for shorts to cover here. The short the total short volume still exists because we closed the previous day at 61 cents, and we haven't really seen that yet right we pulled back to 64 cents, there's no possible way that they could have.

Could have covered to break even unless they took a loss right. We don't know for sure, but based on what we're seeing right now, i think the potential is still there. It's uh, it's it's doing good, it's up! 11.86 percent. On the day, we can't be mad about that.

You know i'm not upset with that whatsoever. I'm gon na come back to amc, really quick and just take another peek at what's happening here. So amc did have that nice wide range candle bar, but it is, it is pulling back with a little bit of uh selling pressure. Once again, we do see some long wicks here on the top of these candles um, as it sits right now, but these last few have had some wicks on the bottom, so we might see buyers start to step in again, i'm going to drop a quick uh Descending trend line and just get an idea of a level we might have to break, and that is likely going to be right about here.

So we're looking to break this level of descending resistance, and if we can break that on amc, i would expect a push to a previous level of support, which is likely going to be acting as a level of resistance right around here at cents. Keep in mind, we are still green on the day and every single day that this ends green, is a step towards the the right direction right, so any opportunity that we have to keep pushing the price up to make uh make shorts have to cover higher and Higher and higher they can keep shorting the stock if they want, but if the stock does end up, keep climbing in price they're just putting themselves into a deeper hole and the end game is still the same. It's just being drawn out. So that's my personal opinion.

Uh cicero says i think, amc's dead man. I ain't trying to wait until friday, again uh, that's that's up to you, man. I i'm not gon na. Tell anybody what to do.

I'm not a financial advisor. This is not financial advice, but i'm gon na be holding my amc. I i have no no problem whatsoever in waiting this out. I i pretty firmly believe in where this is gon na go.

What are the odds of facebook coming back to 270 tomorrow or wednesday? Facebook, so i think what happened with facebook is you're, seeing some of these big institutions pull out of their funds right now to help cover their losses in amc and gme, and gm is still getting beat down. Just like amc is right now because of this whole situation, but um facebook is no no surprise whatsoever, because this is a pretty safe investment right. We know what facebook is. We know why they grow every year, uh and that's why people typically put their money in here, so they can set it and forget it right, but we are seeing some pretty big buyers step out of facebook right now, so they can come back later and make Back their losses at amc and gme, that's my speculation! So to see this come back to 270, it might be possible um.

Let me let me level off some support and resistance here we do have a nice level of resistance sitting at 272, but we are a little ways underneath that right now, so that might take some time. Johnny. Thank you for the donation, my friend rinse and repeat, with zome or just hold so with zome. You can definitely rinse and repeat.

There's no shame in that whatsoever. Zome is going to be a play that really starts capping out once we get closer to march. So if you want to rinse and repeat with zome, i i don't have a problem with that whatsoever. We've seen it repeat a pattern multiple times in the last month, we've seen it come up here to 1.48, come back down and uh be pretty well respected by this level of support at 84 cents tested 136 respected.

This level of support, retested 135, respected the level of support, and now it's up here to dollar 13.. So you can keep rinsing and repeating. I don't see an issue with that whatsoever. I think it'd be pretty solid.

Robinhood just increased the amount of shares and contracts. You can get to 350.. Does that mean that these hedge funds covered um, there's no way to know for sure man? I don't think so, though. I will update that as soon as i know, any more updated information on the situation, but i think that is likely.

Robinhood's way of trying to save some face with what's going down on uh on their company, i mean they're in they're in some pretty severe danger of of issues. So i actually want to show you something that i that i i put out on my twitter, and that is this right here. So robin hood raises another 2.4 billion dollars as broker app deals with retail trading frenzy and to me this is basically code for a lot of people are leaving their company and they're trying to really save their butts so um. I i think, they're trying to save base, i think they're trying to uh to reverse some really bad decision making that they had that's my opinion.

Of course, i'm not a financial advisor. This is not financial advice. That's just my take on the situation. Amc is not currently halted.

My friend, it is still moving brother. I appreciate your work holding with you on amc, i'm with you jamie. Thank you for that. I appreciate it very much ape together strong ape together strong, that's what we should say strong.

Oh my bad. That was robin hope that griffin citadel makes 40 profit. I was going to say. I never heard that i heard that about robin hood, though hubo tv is up 20 dang, that's pretty solid.

They are 19. Look at that so they've had a pretty nice run up. Um fubo is another stock. That's pretty heavily heavily shorted, so that's not surprising at all and they've actually pulled back a little bit 44 dollars.

They didn't reach 52.25. So that's good to see they're, currently in an upward moving channel, pretty pretty nice clean channel right here, uh one. Two three four touch points pretty well respected. I anticipate that acting as a level of support here in the future, if you're looking for an entry point for a quick swing, i'd watch for a bounce off of you know anywhere around 50 to 50 22, and then you can try and rinse and repeat you Know writing up to 52-25, but just be careful uh just be very careful, learn from you more in two days and having eight months on my own, your tech, analysis and mannerisms are great.

You and me kevin talking. Amc would be great watch. Oh man, dude dude. I don't think me, kevin would ever have me on his channel that'd be absolutely insane um.

I have been talking, i suppose i shouldn't say it happened talking, but people have been suggesting that i i meet up with um brian and uh, if you're not familiar with what who he is i'll, pull him up, really quick on youtube, so brian junk he he Actually keeps up very very well: he had an insanely long live stream. Today he was on, for i think five hours or something which is absolutely insane, but i'm trying to get a hold of brian junk. I sent him an email and somebody told me that he was actually watching the live stream one day, so um that'd be pretty cool. If we could make something happen there i think that's, maybe more realistic.

Well time will tell we're going to come back to amc. Quick and just look for any new price action that we are seeing on the charts uh. I wonder how long a transfer out of robin hood will take typically between five to ten business days. It does depend a little bit on the brokerage account that you're transferring to but uh that's about what you're looking at, buy and hold amc.

United. We can win this war. I'm telling you ape together strong, eight together strong big time, so we're testing right now a break above this descending level of resistance. This downward channel right breaking out of the selling pressure, we're looking for a wide range candle bar similar to what we're seeing right here and if we see a wide range candle bar like this.

That is going to indicate to me that we have escaped this downward channel. So that's what we're looking for is a repeat of that and it does look like we might get it. I don't see a wick right now on this candlestick, so that could be a good indicator that we might finish off the last 30 minutes of the trading day. Pretty strong - and i want to show - i want to put this out there on your guys's radar options - cannot be exercised um during the extended hours, and that explains a lot of why we have seen the stock run up during the extended hours sessions and sometimes right.

So here, right, very stagnant, didn't move. A whole lot saw a huge amount of action up to 25 and 80 cents. Here we actually got beat up pretty bad came back up in the in the pre market. Here pretty stagnant.

You know we saw it sell off at the the pre market came up in the after hours right. We saw the same thing happen here came up in the after hours. This short ladder, this huge bar right here, uh sitting kind of neutral right now been consolidating. I can anticipate the same thing happening.

I want to point something out to you. This is actually very, very interesting to me, so i'm going to come out to the five-day chart and i want to show you what the previous five days looked like before this insane run-up happened so check this out. We saw the first initial wave right. We saw the first initial spike up to about 3.73 ran up again to 527.

Then we see a couple of days where this stock just kind of it's it's volatile. It's just basically trading sideways up and down a lot of volatile movements for two days. We're seeing that right here right! Well then, we get this next insane run-up from all the way to 13 bucks, all the way up to 25 bucks in the pre-market, and now we're repeating right, we're seeing this up and down basically trading sideways neutrality of the stock, which has been going on for A couple of days, and if this is any sort of uh guess as to what might come next right, we saw a little bit of stairs all right. My apologies guys my internet at the hotel, just uh crashed for a second, but we're back on.

There was some issues, apparently with uh with the hotel, but we are. We are still in business, so i apologize for that slight lag but uh. I forgot what i was saying: i'm gon na be honest, but we're gon na get right back into the price action here. I apologize for that uh that slight delay in what was going down.

But let's get some comments: rolling, we're gon na answer, some questions that we're seeing and uh get back to business. Well, we see it hit 30 dollars at uh and today's end on amc, i'm holding strong. Well, that's a that's a good question. So what i think is going to likely happen is you're going to see this start to run here in the after hours and the reason i think that is because uh we have seen an immense amount of uh buying pressure in the extended hours, because options can't Be exercised and the reason i think this is a big deal is because these uh, these huge, huge uh hedge funds, right they've, been uh they've, been exercising and leveraging with options, because it's a way to capitalize on a lot of gains very, very, very quickly.

And that's my personal opinion uh. We will see what ends up happening, but that's that's my personal. Take. Let's see some new comments drop in here, really quick as it sits right now.

Amc is currently trading at 13 and uh 83 cents sitting not too bad. It's uh, it's looking pretty decent. I'm gon na try and detach the the chat bar because i'm not seeing any new chats come up pop out chat and get an idea of. What's going down there we go now.

I can read you guys again we're cooking with crisco, so everyone on social media needs to hype. Amc i'm totally on board, i'm on board with amc, guys 100. I've been doing everything that i can to really get this pumping. So i'm with you 100 big, big big time, all right, so zome i saw zone pop up here.

I will cover zone really quick. Also thank you for the one dollar or the five dollar donation sean. I do appreciate that very very much and one dollar also shot paradox. Sean says with an unbiased opinion, is one dollars possible next week by the way i'm holding.

I 100 think that it is because, if we look here at amc right, amc uh has seen some incredible amount of short volume. That's been coming in on this stock right, so the more that this stock is shorted um. It is going to improve this overall um. Squeeze that is going to happen right, so the short volume is increasing literally every single day we have 147 million total shares of short volume.

So if we think that gme is possible right and we believe that this gme double down, what happened for a reason which it did it's naked shorting is a naked short squeeze um. The same thing can happen with amc, which is doing the exact same thing. It's seeing a naked short squeeze we're seeing shares that are being generated by market makers that don't actively exist, which is diluting the shares, which overall increases the amount of squeeze that you see, because there are more shares than previously existed shop. Paradox.

Thank you for the one donation, my friend. I hope that answered your question by the way sean uh. I tried my best to give you the best information that i can hi. I have a question: what do you think about starting an account with a leverage uh with 130? Do you think it's likely you can make it pay with the right patience and write trading skills, one one to thirty man um, it sounds very risky.

I don't. I wouldn't personally want to do that, but it definitely would pay. I mean you just have to be extremely extremely careful because your your gains can be extremely leveraged, but your losses can be absolutely crushed. Like you can uh you can it can kill you uh asthma.

King, i apologize that i didn't see this. My my youtube is is being kind of goofy right now, it's not showing me the donations in the right spot, i'm gon na scroll back up and see if i can find this quick. So it's supposed to show me here on the studio and it's not popping up right all right, so we are cooking we're back in business now. I can see everything good so as well.

King, thank you for the two dollars my friend shorts are going to expire. Uh monday, through wednesday, amc to the moon, i'm with you my friend seriously 100 albert wong hold the line stronger together, ape together. Strong, that's my opinion, my friend 100 big time. Someone said this: is it the case? Brokerages are brokerages are running out of shares to lend to shorties equals short ladder.

Attack is harder to execute that's possible yeah, so basically, what's happening is a naked short right and a naked short is essentially creating shares that don't exist, so they can leverage their overall short position and it's a double-edged sword right, so it dilutes the overall shares for For retail investors right, which decreases the value, it ends up, making a harsh sell-off that shouldn't actually happen. But on the flip side, it increases their overall stake and in the interest that they're accruing at a 25 to 30 percent rate right is increasing as well. So they're taking a heat. This is gambling they're, just straight up gambling these uh, these big hedge funds, are gambling with the chance of uh of making making their money back, and it's absolutely insane.

I can't believe it any shorts covered today. Um. I will look into that as soon as i possibly can, but there is not any new information out yet as soon as that information is available, i will cover that either in a video or in the live stream tomorrow, hcmc up 125. Today it's a huge run-up at market open and it has been sitting there since not a lot of volume coming in um.

In a one-minute window, 2 million 26 million. We saw the most volume pump in basically write it open. It went up 2.7 billion in volume. Now keep in mind, this is a micro cap penny stock.

This is literally the smallest penny stock. You could have. You could possibly ask for, but uh it had a great day. I i actually spoke about hcmc in a previous video and said i i feel pretty good about the potential of this company and it gapped up something real stupid ceiling.

It was filthy, absolutely insane shop paradox. Thank you for the two dollars my friend. I really do appreciate you. Can i get your thoughts on gsm under a biden, admin so i'll check a quick, quick, uh peek at this gsm? If we take a quick look at what they are engaged in silicon and specialty metals industry, the company produces silicon metal and silicon based and manganese-based alloy.

The company has quartz mining activities in the united states, canada, south africa and maritania low ash, metallurgical quality coal mining activities in the united states, an interest in hydroelectric power, so hydroelectric power right off the bat that catches my eye. So anything related to clean energy is going to be huge for uh bite administration. I think i think it's gon na be pretty solid. I i feel good about it for sure hazard high says your venmo.

Don't work wtf uh! If you just type in you know what i'll do is, i'm just gon na end up dropping a a link instead, but i will update that after the video uh, it should work. I i know there are people that have been able to find it, but i'll make it easier for you and i will drop a link here in the future, but i think it's a good stock. I don't mind it at all. As far as an entrance point goes, i would look for somewhere around a 50 retracement to 61 retracement, which is between 221 and 236.

That is probably your best entry point into the company, but i think it'll do well. Volume is up extremely high. The 15 ma did just cross over the 200 ema, looking very, very bullish up 54 on the day as well. King.

Thank you again for the donation, my friend, i'm sorry. I missed you the first time i did not. I do apologize. Do you think, with more people being aware with the market now and more of them getting the stocks, the market in general will be more volatile.

Yes, 100. Do i think, unless the sec steps in and makes new regulations and guidelines on on the way that people can trade, you might honestly see now a restriction talking about how much people can actually buy, which is absolutely insane um. But i do think this is going to change the way that the market operates basically forever, which is honestly crazy, um yeah, i i'm completely in agreeance with you, my friend seriously. When is the squeeze.

I thought it was supposed to be. Today. Wtf i mean the market is unpredictable right now, man, it was supposed to be today, but what we're seeing happen is these: these uh short sellers are doubling down on their convictions and attacking the stock. So what we're seeing happening right now? A quick update on amc is, it is getting short, attacked up the wazoo more and look at this imbalance right.

Look at how how messed up this looks. That is market manipulation to a t, absolutely no ask orders and an insane amount of buy orders and we're seeing it plummet. How does this make any sense to you this? This should be in a book. This should be in a book about picture perfect market manipulation, because this is it this is it.

We've got 13 000 shares to fill at 1325 and look at this bleeding. That is insane. That makes no sense at all roman. Thank you for the donation, my friend trey.

Are we expecting some crazy after hours trading on amc for the next three days? I do personally believe that you are because options are not exercisable in the in the after hours or the pre-market, so it allows for traders to actually run the price up without this insane sort of short ladder that we're seeing right now. Look at this absolutely insane. We're just now, finally, starting to see some some asks come in on the stock, but look at all this green volume - that's been here and look at this rundown that is straight up. Market manipulation, that's insane that doesn't make any sense at all as well king.

Thank you again. I appreciate you most people working at home and have more time yeah. I'm completely agrees with you, like, i said um. I think, since there are more people aware of the market, you are likely to see more people step in and make some investments.

Think about it this way, how many people in your life do. You know that have just decided, hey, i'm going to send you 100 or i'm going to i'm going to invest 100 in a gamestop or amc and have they ever invested before and that's that's an incredible thing. You know in a lot of ways actually beyond the squeeze of the hedge funds, beyond making the money right now. This situation is not only going to go down in history, but likely open up a lot of eyes to the to the market and the potential of the market and how much the market needs.

Correction right. This the system has a lot of issues. There's a lot of issues in the market right now and it doesn't make sense and you're gon na have more people step in and be more vocal about the market and and try to make changes. It's honestly, it's mind-blowing! We are seriously watching history, guys and beyond that.

I think something very interesting about what's going on with uh, with amc with gme is that people that are making money on these plays. Like gamestop, i've seen some articles and people saying that they're taking the profits that they made and they're doing incredible things like building a well out in countries that that really need really need water or paying for people's heart plans, transplant surgeries or funding funding cancer. Cancer. Uh cancer treatment for for kids, you know it's insane.

It's bringing people together in a way that i've never actually seen before. It's like it's like um, regardless of race, color, gender age, um political background right people are actually coming together and doing something cool. This is so cool to watch and regardless of the money right, money is a touchy subject, it's a touchy subject, but it's incredible to actually watch so many people come together and do something like this. In my eyes i know, there's not a tangent, but i i absolutely um.

I absolutely love this. This is this is a fascinating and incredible opportunity for a lot of people to come together and create a community amc will go into next week. Selling this week is dumb. I'm with you carson.

I i am going to be holding my amc every opportunity that i get when this dips. I am going to scoop it up. We are still up on the day about 0.66. Look at the order volume look at the level 2.

It is being manipulated, 100 percent, so much market manipulation that this doesn't even make sense. Look at that. I have a level twos pull up for you for a reason, so you can see this before your eyes. I've talked about this in videos before i've said it.

I've said it, this is being manipulated, we've got so much green volume coming in and it's not moving. This has been all day guys. This has happened all day long and look at this short ladder short ladder. It's getting it's getting stepped on for absolutely, no reason it's happening again.

We've got at the very least an equal amount of green to red volume, if not more green volume, most of the time and it's getting crushed. These are market manipulation, tactics and short uh shorting. On from from the hedge funds, they're doubling down on their positions, it's insane e from the grapevine thank you for the donation, my friend trey. Do you think the price will rise in aftermarket in pre-market when we can't buy or sell on robinhood? I personally do think this is going to rise in the can you not buy or sell on hood during the pre-market or after hours.

I i didn't know that, but um i do think it's gon na rise. I do because options are not exercisable during the extended hours and that's typically why we see this stock run up so much in a in the after hours and uh and and that that's that's the reason. So we see it here, right, stagnation run up run up. Stagnation, a lot of a lot of volatile movement.

We see it here, right, get beat down, run up in the after hours run up in the pre market, beat down beat down running up in the after hours running up in the pre-market beat down again and i'm likely to see the same exact thing.