Mike Hunt
commented on a stock · Jan 5, 2022 10:39
Apes are like the Japanese WW2 soldiers hiding on atolls 12 years after war over
$AMC Entertainment (AMC.US)$
First let me be clear that I would love nothing more than to see the AMC share price go to 100k. And let me profess that I am just a regular old non-ape retail investor. But I have some questions.
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<li dir="auto">Given over the last 65 trading days there has been 2.7 billion shares traded any one of which could be used to close an open short position and given the current share price is lower than it’s been at any time in the last seven months, why would hedges have any uncovered short positions? Every short position open in the last seven months is profitable for them and there’s plenty of volume to close them. It’s only 1.6 days to cover currently.</li>
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The only open position would be once they choose to leave open because they were open below $26 and are not currently profitable. That would mean those positions are over seven months old and yet they don’t appear on the threshold security list for the NYSE. Note that there have been times when AMC has shown up on the threshold security list for the NYSE but it doesn’t appear there at the present time. Why is that? And please answer that without claiming fraud by the SEC and other conspiracy explanations. Because the problem with those is that if they were true, then those supposed nefarious powers that be would never let apes win. We know that the hedges cheat. Nobody’s going to change that or keep them accountable. That’s reality. The FCC chairman came out talking about publicly traded company officers and their stock purchase plans as being an issue. Those aren’t hedge fund people. The SEC is never going after the institutional people.</li>
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2. If there are open positions that are seven months old and they haven’t been closed yet, which I don’t believe is true, why couldn’t they stay that way for five years?</li>
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3. It sucks that a bully came in and kicked all of our retail asses.</li>
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what everyone thinks are squeezes isretail buying pressure without selling happening. like the squeezes Tupac mix snacks claims to say happen constantly I don’t understand why people think that anyone with the short position is forced to cover during that trading session. This short squeeze idea has completely poisoned a huge group of retail traders understanding of the market and I think it’s intentionally done by the hedge funds. The reality is that
so people think high short interest and a high cost to borrow means that the stock is going to rise. The truth is that those are Bearish signs and retail is completely misdirected and I believe again it’s the hedge funds doing it.
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Beanionaire : thank you for your insights. agree that some "ideas" that we have about short squeeze and MOASS could be fed to us by the HFs
Mike Hunt OP Beanionaire : Really cool to get a response from someone that doesn’t come off as an entitled yet ignorant stubborn and indignant close minded primate
Mike Hunt OP Beanionaire : The whole “don’t get distracted by other stocks only focus on AMC blah blah” Really alienated apes from the rest of us regular retail people and a lot of us think it’s pretty much a group of assholes
ur wifes boyfriend : the days to cover has been 1 day or less all Year. I didn't get to read the rest but I will.
Mike Hunt OP Beanionaire : I’ll give you a good example of how the hedge funds planted seeds in ignorant trading apes minds. All of this obsession with ORTEX and FINTEL short interest and cost to borrow has been planted by hedges to deceive apes. All of that data only deals with retail shorts. If retail makes a 15% of total volume I doubt that the short portion would be even 5%. The hedge funds naked short which has no carrying costs and all of those bullshit shares available data don’t apply to them. So they started with fake retail accounts pushing that bullshit but now it’s so widely accepted I can’t tell if it’s a fake retail or just a deceived retail that’s pumping all those totally meaningless numbers. They have nothing to do with the institutional side which is 85% of the trading volume.
Mike Hunt OP ur wifes boyfriend : That’s the paradox of having that much traded volume. The way shorts actually get stuck is when there’s low volume. If you have 20 million short interest shares and it only trades 2 million a day that’s 10 days to cover. But if it’s 20 million short interest shares and it averages 20 million shares a day then it’s one day to cover. That’s why it’s been like that
Evelynne : $AMC Entertainment (AMC.US)$ i hope this fills the gap at $17
MuscMoo : This all started when the stock was in single digits. there's very little real data about short positions, to your point about the percentage shown actually being the retail short interest.... the only reliable information we have is everything happening around the stock. it's kind of like how astronomers can tell where there's a planet by how light bends....you can't see it but it is obvious it is there. Motley Fool averaged five articles a day on AMC, the price action is clearly manipulated, ftds, obvious shilling etc. the float has been borrowed and lent multiple times over.... Can I prove it? nope. But you can't disprove it either. there's a clear history these hedge funds have been doing this decades... look at that guy from the 80s who bought all shares in a company just to then see it trade millions of times. all they're doing is trading back and forth synthetic shares....
ur wifes boyfriend : 3.3 days to cover
Mike Hunt OP MuscMoo : It’s not fuzzy. There are very specific conditions that put a stock on the threshold security list. AMC has been on the list before, it’s not now
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