What's up youtube? No, i'm just kidding. Can you imagine if christine got into this, though you imagine if you got a new mad respect, my respect, we're gon na give you guys an update here on uh amc, the amc situation quite a bit to cover here today. There's a lot of stuff that happened. We're gon na cover the black blackrock situation, we're going to cover some lawsuits that are currently in the works.

I've got a couple different things that i pulled off of reddit, that i want to talk about a volkswagen comparison and reddit uh wall street bets update some math real, quick short squeezed stock brokers, a fake news article that came out. I do also have updated information regarding the overall short interest, uh lending percentage, et cetera. So let's just get right into the video we're gon na make this nice and short. As short as we possibly can.

What is up, everybody welcome to trace trades, we're doing a technical analysis on different stocks in the stock market, as well as potential buy holders sell opinions on these given stocks. I, like your purpose by saying that i'm not a financial advisor nor expert so take what i say with a grain of salt, we're just gon na get right into the video. Now today we had a pretty rough day. It's been tough.

I've talked about this. In my previous video guys, but we saw a lot of short laddering and naked shorting happening here on the stock. To give you a brief, rundown short laddering. Basically, what this is is when a stock is attacked by uh hedge funds or institutional buyers.

What they do is they sell and buy back and forth to each other in a planned and strategic way to cheat the algorithm and the system in which is uh managing the funds here for amc. This would include the market makers right so you're. Seeing this this back and forth algorithmic selling of sizes between 200 500 - maybe a thousand shares and we're not seeing that right now right, we we supposedly should hit the ssr on amc, but i did not see this happen, they're not currently on the the ssr list. I know like gme is, but we will talk about that as well, so we saw more short laddering.

We saw more naked shorting. The overall short position in amc did actually go up, and we will talk about that here today. So, let's get into this, we've got quite a bit of ground to cover, so i've got a couple. Different pictures pulled up and i want to show you this right off the bat.

So we did have a news. Article come out that is trying to scare some people out of their money. This was posted on february, 2nd 2021 at 402 pm. So this says short squeezed stock brokers and hedge funds.

Uh face proposed antitrust class action. So this isn't the article i thought it was we're gon na read this first anyways, so the joseph's, a very law firm filed, an anti-trust class action lawsuit today on behalf of a class of retail investors in federal court against 35 defendants, including robin hood. Each raid td, ameritrade melbourne capital, citadel sequoia capital and others sequoia capital does have rumors of being in talks with uh a other with robin hood. So i will show you this as well.

I have shown this in the past, but this is some. This is some sketchy stuff, guys uh. If this is true right, there could be some pretty crazy things happening. So look at this robin hood and vladimir vladimir, yes, founder vladimir and the c-suite received calls from sequoia capital, which i did just mentioned.

That would make sense why they're in this this class action lawsuit and the white house that pressure into closing trading on gme etc. I guarantee the same took place at e-trade funnily enough they're, also in this this article and the others who closed trading. So this is pretty pretty crazy, stuff, guys and uh. This is.

This is just an example of the ramifications that are coming out of this amc situation, so i do anticipate that moving forward the next couple weeks. What can we expect? Well, i anticipate that this these uh, these antitrust class action lawsuits are going to play a big factor in the way that you see um, operation of brokerage accounts and operation of companies such as melvin capital, citadel sequoia capital and others right. So this is a pretty big deal. I think that there is a lot that will come from this and i wanted to bring that up to your attention: uh right off the bat here.

So another thing i want to show you guys is right here, so i'm going to pull up another picture, real, quick - and it is this right here so blackrock ownership and amc and amc entertainment holdings. I haven't asked this a million times and i want to cover this in great detail. I have an article actually pulled up straight from the the filing and it is. This.

Blackrock has filed an sc 13g form with the securities and exchange commission sec, disclosing ownership of 6.2 million shares of amc, entertainment holdings. This represents 5.7 ownership of the company and the previous filing dated 2020-1208 blackrock had reported owning 3.9 million shares indicating an increase of 59.19. So that does not mean that they purchased 6.2 million shares guys. This means that currently, their total ownership in the stock in the company is 6.2 million, which does make up just a little over five percent, and i will show you that right now, so i actually have that.

That form pulled up right here and i want to show you this uh real quick, so this is uh dated as of february 2nd, so this is relevant. This is factual. You can take that to the grave date of february 2nd 2021 by blackrock, so that is signed and and dated now what happened here so we can see. The issuer was a class, a common stock by amc, entertainment and it was issued to black rock, which we can see down uh down here.

So we've got amc. Entertainment followed by to do to do somewhere down here is blackrock, but this is obviously the blackrock. We do see the signature at the bottom here and then the sole deposit of power was 6.21 million total, and that is their current stake in the company, and some people are really speculating. What's gon na happen here right? What does this mean? What does it mean that that blackrack took a position in amc? This is positive, guys i'll tell you that right now, i'm pumped i'm absolutely pumped that this happened, because this indicates to me.

Why would blackrock get into amc right now february, 2nd uh after just got beat to a bloody pulp for for, for any reason, other than to think the stock price is going to go up so for them to hold a 6.2 million share stake in the company. Is absolutely monumental i mean i don't know what these shares ended up getting filled at. I did read through this and i did not see an overall share price if you do know that please drop in the comment section. So we can keep everybody up to date, but i think it's gon na be a positive thing for the stock price and i don't see any possible way.

This could be bad, except for if they created new shares to make this happen right. In that case, we might see some shared dilution, but overall they do have more than a five percent ownership in the company five point: seven percent is their percent of class and over five percent there are uh certain things that we see here so ownership of more Than five percent on behalf of another person uh, you can pause the video if you'd like and take a read through this, but essentially i'll. Just read this right here. Various persons have the right to receive or the power to direct the receipt of dividends from or the poor.

The proceeds from the sale of the common stock of amc, entertainment holdings incorporated no one's person's interest in the common stock of amc, entertainment holding, is more than five percent of the total outstanding common share, and essentially this is just saying we are not going to try To influence the stock price in any sort of negative or positive way, we are simply taking a stake in the stock. This is good, good news. I like to see that a lot and to me this signifies a lot of faith in this movement and this squeeze. I genuinely think that blackrock would not have established a position because think about this guys.

I don't we don't know what these shares were filled out right if you do know that, please let me know, but if you do some quick math, i'm just going to pull up a calculator here, 6.2 million times 9 uh, we're going to say we're just going To say low ball here, maybe 10 bucks, we'll say it was filled at 10. So if you pull up a calculator, they're gon na have a pretty hefty stake in this. So six nine zero, zero, zero, zero, zero times ten dollars. That means that they have a stake of 690 uh.

This would be 69 million dollars, so 69 million stake in the company, which is absolutely incredible that i do think that is a pretty solid, uh sign of what could be to come here in the future. So i really want to double down on that. The blackrock investment is not bad at the very worst it may uh slightly in the short term, dilute overall shares right if they created new shares to make this happen, but in the long term, moving towards this squeeze moving towards this movement. I do anticipate that this should be a good thing, especially because we should have an overall ssr that goes into play tomorrow.

Now, what is the ssr if you're not familiar the short sale rule or the ssr, is triggered when a stock goes down? More than 10 percent from its prior close ssr remains out of stock for the rest of the trading day when it's triggered and remains on for the following trading day as well, and this sec made this rule to prevent short sellers causing a stock to tank. And we did see the still tank anyways, but we were down over uh 10. Today, very obviously we closed the previous day at about 13 and 30 cents and finished today off not looking very good. You know 7.82 cents or so currently, 790.

Here in the after hours and we've been in a harsh downward moving channel for quite some time - and i i'm telling you the end game here is the same: the price is psychological. What is going on right now with the stock price, do not lose hope guys. I want to tell you that, first and foremost right, if you fundamentally believe i was on a live stream today with uh brian junk, and i had the pleasure of talking to uh a hedge uh hedge fund analyst, who said i had such strong convictions with bitcoin And i repeatedly bought into bitcoin even through the highs and the lows right and if he had sold out when it went from 25 000 down to thirteen thousand well, he would have never been able to experience the run up to thirty thirty five right ever seen. The same thing happen right now with amc: it's very closely mirroring what happened to gme before it had a crazy run-up and volkswagen, which brings me to the next thing.

I wan na talk about right here: volkswagen in 2008. We see this this huge dip, and this actually came back down to previous lows before the stock began to be uh shorted and that's that's a big big deal right. So we see this happen came down to previous lows. Probably scared.

A lot of people probably scared. The crap out of a lot of people - and you might have thought well, it looks like this is over, but it ended up hitting 900 and some change pounds. Then the very next couple, following days, gme saw the exact same thing very harsh pullback, and then a huge spike ended up going all the way up to 517 dollars. If i remember correctly, amc had a pretty harsh pullback today came down to six dollars as a lull, which is, i think, the lowest that we've seen the stock touch in quite some time right and granted.

I know the situation is not quite the same. I know that uh this this came because of the volkswagen uh and uh porsche situation right. They took a huge bet, basically against volkswagen, doing well different situation entirely, but one thing that i do find interesting is how the charts line up that is my specialty. I focus on charts, i focus on technical analysis and you cannot ignore that there are similarities between what is happening right now with amc, gme and volkswagen.

I don't think i don't think amc is dead. I still think the potential is here to see this be a 70 80 100 stock. Of course, i'm not going to label a price target on this, i'm not a i'm, not a financial expert or advisor right. This is my personal opinion uh, but i do think it is extremely possible because we saw a huge push from three dollars up to 25.

That is a 800 percent margin. Uh return there that's a huge massive squeeze and to assume that we can see the same thing again is not out of the the realm of possibilities here, so we hit even just ten dollars right. We hit ten dollars and then start squeezing. That is 80 bucks.

That is not out of the question whatsoever, which brings me to the next thing that i want to show you guys, which is the overall short interest that is updated as of today. So i'm pulling this off of intel. The latest market date was today february, 2nd 2021.. We have a short volume of 120 million shares which is higher than we saw in the previous day, total market volume of 418 million and a short volume ratio of 29.

So as we expected, the total short volume was extremely high. Today they were fighting hard. They really did what they could to drive this price down, so they can really cover their butts guys. It's it's crazy.

The short laddering and the naked shorting is not a myth. It's it's real things. This is this is very possible and we see that this is you know we can compare this to the previous data right. We can see that they stepped in today.

A lot of them covered right. We see 76 million as of february 1st, and they basically doubled down again today, and we can see that plain as day. There are more short, there's more short volume than there was yesterday, and that brings me over to ortex, which is the next thing i want to show you. I pay a monthly subscription, so i can get this data for you guys and give you the most relevant, up-to-date information.

There's a couple of things that i want to show you that i find very significant and important. So the first thing right here utilization now. What is utilization? Well, i'm going to pull up a description. Just in case you are not aware.

Utilization is the ratio between the number of shares on loan across all outstanding loans in the wholesale market and the number of shares available for lending and lending programs. Zero percent means that no shares have been borrowed or lent at these lending programs. One hundred percent means that all shares available to borrow or land at a lending program have in fact been linked. So, as we can see right here, 85 is the current lending of all available shares to short, which means there's 15 remaining that that is, that is in the massive statistic to know guys.

That means that we see right in front of our faces that the short volume is still there. The short interest is still there. It's actually gone up. We saw 126, i believe million 120 million in short volume today, which is 28 of the total volume ratio.

Extremely extremely high, that is good information to know the overall days to cover this was not updated yet today, but as of yesterday, we do see the number uh. You know this. Maybe this actually was updated, because this is different, it's 0.67 and typically what days to cover means and i'll show you this right now, just so you can know in case you do not know how many days volume. The current shares on loan equates to note average daily volume is base average three month daily volume for the given security across exchanges and days to cover you can find this out by taking the short interest and dividing it by the average volume.

So basically, this means currently the shorts kind of have an edge which we can see on the price action right. We can see they're winning the battle they're driving the price down, they're short laddering, they're, naked shorting they're, creating shares counterfeit shares, which is illegal by the way both naked shorting and ladder. Shorting is not a legal practice and uh if you're not familiar as i, as i mentioned earlier, uh ladder shorting is selling back and forth to each other to trick the algorithm of the market making system and then naked shorting is creating shares that don't exist right. So if you have 100 shares of amc and 90 of them are being held, 10 are outstanding.

Right, 1010 are available to trade to buy, to sell well, what they can do is create 100 counterfeit shares and all of a sudden, you've diluted the system right you've. Basically, created a market which was meant for 100 shares that now has 200 the basic laws of supply and demand guys. What this means is with an increase in supply, comes a decrease in demand, so this automatically creates false selling pressure. That does not seem to actually exist.

I want to show you guys something that i find very fascinating, so i want to pull this up on my twitter really quick, and this is uh. This is something that i find very interesting, so i'm going to come over here to twitter and it is the overall buy and sell ratio from yesterday's price action. I did not have this updated from today, but yesterday's price action uh is very interesting. Now check this out, we have this very interesting statistic to point out: 95 of yesterday's price action was buyers and five percent was sellers.

Now what could have caused this? What could have caused this i'll? Tell you right now short laddering tricking, the the algorithm of the market, making system into thinking that there are more sellers and selling pressure than actually exist. And we are watching this in real time. And it is verified by the fact that the short volume is in fact increased on the day, we're up to 120 million. In total short volume, followed by the the uh days to cover going down.

It shows that the shorts have an edge right now. The cost of borrowing 5.25 percent of that matters and the utilization being 85 extremely extremely high. That is a big big deal now. Another thing i want to show you guys i mentioned this earlier and i didn't show you yet is this gamestop syncs? As short squeeze bet, fades live updates right now.

I want to tell you: oh, this is such bs. This is such crap. Another attempt at fear mongering, and i don't want you to buy this for one second guys, because we all know this is not the case. Wall street bets is not going anywhere and we can see clear as day.

What's going on right now, just looking at wall street bets there's millions of people in this forum. This reddit thread talking constantly about amc and gme. We are hyper focused, everybody knows what they want to do here and in fact, more really. Cool stuff happened here with mark cuban and which i do plan on talking about in this next live stream.

I will bring this up, but wsb is not going anywhere. They're still talking about this stuff, they're talking about amc, they're talking about the next game plan right how they're gon na how they're gon na win this game, stop in this amc fight and don't buy this. So what it's saying basically, is: let's just read a quick piece: gamestop plunged on tuesday a second day of sharp declines in the stock, as the social media, fueled buying frenzy quickly lost its momentum, erasing billions of potential profits for investors who had been caught up in The enthusiasm gamestop has lost 72 percent over two days and they're, basically just trying to scare people into selling their shares because they know playing as day clear as crystal that amc and gme are increasing in short positions. Guys i'll tell you right now the instant that this play is done, they're not going to tell you it'll just be done, they're going to stop covering this story.

That's when you know when to sell and the more that these hit pieces come out the more you should be rubbing your hands up and go. You should be going nuts, because that indicates that there is still an extreme amount of selling pressure. There's still extreme amount of shorting, and that is just setting up for the absolute filthy squeeze that is 100 possible with the stock guys. I understand i understand it's so emotionally frustrating for me too.

It's a roller coaster. It is so hard to watch your money because money is a touchy subject. You want to kick someone where it hurts, take their money and that's what's happening with these headphones they're kicking people where it hurts it's frustrating, but i'm promising you right now. I can't promise anything but based on the statistics and the information that is readily available to anybody, the it is ready.

The setup is there now. This is something that uh kind of derives from where we can see this going in the future. How the impact of this whole short short shorting situation with the hedge funds could impact the future now check this out. Senator elizabeth warren asked robin hood to explain why it restricted gamestop trades after hedge funds losses.

So basically what's happening here is uh. Senator warren goes over in a very long and lengthy article, saying hey robin hood: why did you restrict buying and not selling, basically locking your your customers into losses? Inevitably, because think about this, if you, if we know the equilibrium, is an equal amount of buying and selling right, we expect both of these things to happen at the same time, in order for a stock price to remain the same, that is what it takes to Stay breaking even right, an even amount of buying and even amount of selling. Well, if you restrict buying, you are guaranteeing that the market making system the algorithm is going to decline in price, because at the same time, this is happening, the institutional buyers, the short sellers right, the hedge funds. They can continue to do as they please, and you know, there's speculation right, there's speculation that this is because they don't have enough collateral to cover buying whatever, but if you're gon na do that guys, you need to restrict both buying and selling, because this is not This is not.

This is not realistic. You can't do that. You cannot do that. It's scaring people out of their money because all they can do is watch the stock price go down and the only option they have is to sell their shares.

So what is happening right now, senator elizabeth warren is, is trying to start a lawsuit against robin hood, which we've seen in other other articles and pictures that i've showed you today. Now these two things are a little bit different. These are speculative. These do come from both stock twits as well as reddit, but i do want to share this with you.

You can make your own opinion, but i will share the information uh check check this out today. We have to close over 457, so you'll lose 109. 000 shares we did end up doing that. We closed somewhere in the seven dollar range.

I believe uh we'll check this out 7.82 cents. So with that in mind, we have to close uh wednesday over 607, so they'll lose another 242 000 shares. This is all manipulation, naked, shorting's, illegal, stopping buys and only allowing selling is illegal, which we didn't talk about. By the way we are winning, they are screwed, keep loading and holding past the word.

The rocket is coming, people be patient. The last thing i want to talk about read this did some calculations, so you understand, what's going on, they have taken a 764 million dollar loss already, monday and tuesday. This is for amc. If the share price stays in eight dollar range tomorrow, they'll take an additional 881 million loss for a total of 1.65 billion dollars.

Here's the thing: if the share price goes up, for example, 30: tomorrow, their loss will be 7.3 billion dollars, plus the 6. The 764 million for a total of eight billion dollars there are they're using algo's algorithms to attack the share price. Yesterday was a high-speed short ladder attack, which i did mention you. This is selling and buying back and forth between hedge funds to trick the algorithm into decreasing the price.

So keeping that in mind reason you don't sell your shares is because, if you do, they will be able to punch down to five dollars faster. We have maintained a wall, brokerages that place limitations on access and buying. They will need to buy back 397 million shares. Demand will cause amc, share prices, increase, they want to get to that five dollar range tomorrow and we need to maintain the current level or higher.

They have interest to pay now and they have to buy back shares so guys, i'm telling you right now they are in the hurt box a lot worse than we are amc. This situation is scary. It is so scary. I understand: there's some people there's a guy in my discord.

That's got a couple hundred thousand dollars in the stock and it's currently down like 180 grand think about that and he hasn't sold a single share, because if your conviction is strong, your conviction, the reason that you initiated the trade, the price is psychological right. We have the numbers right in front of our face. The short interest is there: we've got, we've got the current utilization of 85 percent. We've got the days to cover being 0.67, meaning that the shorts are still attacking they're, trying their best to drive the price down.

So they can get the edge right. Currently they have it, but the more they play with fire guys eventually, they're gon na get caught they're gon na get caught with their pants down. I'm telling you this is only a matter of time. So the last thing i want to touch on here for this video is to show you guys the overall price action that we are seeing right now on the charts.

So, as we see right now, we are currently in a really really harsh downward channel. We've got a descending level of resistance and a descending level of support, which this stock is very trapped in and we did break out of this as of late right, but i'd like to see a wide range candle bar signifying that we did get out of that. So we may very easily drop back into that. I'm not going to bs you guys, but with the ssr rule that should be set tomorrow right.

I have a couple people that have said: hey man. I haven't seen amc on that ssr list yet, but they cannot do that because the stock was dropped below 10 so going into tomorrow. We should not be able to see this happen. I want to show you a different instance right check this out the last time that this happened, where it dropped over 10 ssr was put in place.

The stock did not tank. This gives you everything you need to know about the manipulation happening. So what can we do tomorrow? What's the game plan for tomorrow guys what's a good entry point? What should you be doing well tomorrow, if this ssr is in place, knowing all the information we have right now buy the crap out of this stock, and i realize people probably run out of money. We've been doing this for a long time.

This has been a long process, but if this ssr is in place tomorrow, they should not be able to short the stock and, if they can, that is just adding to the overall market, manipulation the illegal activity that you're seeing happen right now, with amc. Good entry point: good entry point is right now, man right right now: man and man and woman uh. We we are really really close to coming back down to these previous lows, which, as i mentioned earlier, looks a heck of a lot like the volkswagen squeeze. Look at this comparison right before volkswagen went to freaking mars to pluto it dipped back down to previous levels.

Gamestop did the exact same thing: let's pull up gamestop right now, just to show you exactly what i'm talking about gme. Let's look at gme real, quick right before gme saw this huge push to 514 dollars and 50 cents they tanked hard. They came all the way back down to here at 223 from a high the same day of 384, big, big, big, big swing and, honestly, if gm is in this situation, the same as amc is, this could have been nothing. This could have been a speck of dust compared to what is coming from for gamestop.

I read the statistic that said: if you were to compare and meet the same match of the gamestop squeeze to volkswagen, it had the same amount of squeeze. You would see. Gamestop hit 30 000. Now i'm not saying that's gon na happen right, but i'm saying that there is a huge possibility that gamestop and amc both have a lot of room to run guys.

I really truly believe that, and i would not be telling you guys, i'm so passionate about this, and i truly mean what i'm saying we have the information in front of our eyes. It is there for this, for the taking you guys can see this in front of your noses. Don't be scared by what is happening right now, with amc and gamestop they're, trying to scare you they're doing everything in their power using using this fake news. This misinformation right to scatter people, the silver tobacco right, they're, doing the short ladder, they're they're, naked, shorting, they're, doubling down their positions, they're they're, saying all right guys.

We think we're gon na beat you stupid wall street, guys you stupid wall street best guys and retail investors and we're gon na double down our positions and we're gon na milk. You dry and we're gon na bankrupt this company and we don't care if we bankrupt the company, we don't care. If we we, we screw people out of the retail jobs, think about amc and gamestop. How many people are gon na lose their jobs? We don't care if you're gon na lose your life savings that you put in this this company right because think about the people that were in amc back before all this stuff happened.

What's gon na happen to them right, so people are gon na really get hurt. The market is gon na, take a hit think about all the money, the redistribution of wealth that is gon na happen from this. So what's that, what's the end goal here, what's the good news guys ssr in place tomorrow should be a good day for the stock? It should be a good day. What can we expect right? If this is true, i expect a lot of buying pressure and it is the opportunity to buy another thing that i want to point out.

We need to use the same strategies that is currently being utilized by hedge funds like this and and miss and place out our buys in a different strat in a different window right. So, instead of if you're gon na buy five thousand dollars of amc right, spread it out spread out the wealth spread out a hundred dollars here hundred dollars there a hundred dollars there 100 there contribute to the cause, nickel and dime over time. We're gon na see this thing really start to run, because that is exactly what these guys, these hedge funds, these institutional buyers are doing to trick the system and, at this point, guys they're playing real dirty. So we got ta.

Do everything in our power to fight back? If you are a part of this movement, of course, everybody's in a different financial situation, i i've had some people say: i'm out, i'm taking profits. I've had some people say this is a dead cat. You need to stop talking about this, but i'm not i'm not gon na stop talking about this because it makes me angry. I have a very, very strong opinion about this as people it is so beautiful to me to see everybody come together, regardless of your origin.

Your race, your gender, your age, your sex, your political background, your religion, all that stuff people are coming together and forming a community to take a stance on something they believe in. This goes deeper than making money guys. This goes into ethics, morality and a free market. People from all over the world are stepping into this, and for me to be a part of this, for you guys to be a part of this, the community to be a part of this means absolutely everything in the world to me, and that is the most Relevant information that i have for you guys today on amc, so if you guys enjoyed the video, please drop a like welcome to everybody that is new here to the channel.

The growth has been absolutely insane, i'm so grateful uh, consider subscribing if you're new you'd like to see more content like this. Lastly, i have an affiliate link in the description box down below for weeble get four free stocks for the 100 deposit. It's the brokerage platform that you're watching me use right now, absolutely beautiful if you're not interested, that's totally fine! I promise you, i'm just glad you're taking the time to watch my videos and support me in that way. So that's what i have for you guys today.

Thank you for watching my friends and i'll see you all next time. Peace.