AI
Wednesday, March 01, 2023 9:50:53 PM
Well let's see what we see...because perspective is good.
1. According to Reddit, over 80% of household investors are saying YES to vote. Source: (reddit.com/r/amcstock/comments/117inql/proxy_vote_poll/)
2. Exactly 3,000 Limited edition AMC silver coins from Hycroft sold out in just 2 minutes. Source: (https://hppromotionalsolutions.com/products/amc-hycroft-silver-coin and reddit.com/r/amcstock/comments/11fo74d/1000_hycroftamc_silver_coins_sold_in_2_minutes/)
3. SEC cancelling speaking engagements. Source: (https://www.wsj.com/livecoverage/stock-market-news-today-02-23-2023/card/-sec-speaks-conference-nixed-after-sec-declines-to-speak-s916QQbJZhzZ9Odh45im)
4. Citadel files $428B 13-F. (My floor sell price just added another digit alone on this and the delay) Source: (https://whalewisdom.com/filer/citadel-advisors-llc)
5. 198M shares on loan out of 516M. (Ortex)
6. Short Interest of almost 26%. (Ortex)
7. Days to Cover over 5 full days required. (Ortex)
8. 100% Utilization for years now. (Ortex)
9. Costs to borrow AMC averages in the hundreds of percent (currently 300+% and has been up to 1,000+%. (Ortex)
10. Made it on to the RegSho...again...with a ton of people's eyes watching whether SEC is going to exercise malfeasance, misfeasance, or nonfeasance so they can pounce at any mis-step... (see #3) Source: (https://www.reddit.com/r/amcstock/comments/11fnepu/hoping_the_regulators_and_congressman_following/) and many more tracking the progress as we crossed the 18th consecutive day...so far. Time to force accountability if the "self-regulatory system" is unable/unwilling. Source: (https://www.nyse.com/regulation/threshold-securities) ***update edit=19th consecutive day and counting
11. AMC microwave popcorn product being released with exclusive agreement with Walmart nationwide. (Which will probably sell out and be as hard to find as shares! LOL!) Source: (https://investor.amctheatres.com/newsroom/news-details/2023/AMC-Entertainment-Launching-Its-All-new-Line-of-Microwave-Popcorn-and-Ready-to-eat-Popcorn-Exclusively-at-Walmart/default.aspx)
12. Vast majority of shares trading are OFF exchanges and not even touching LIT. Source: (https://chartexchange.com/symbol/nyse-amc/exchange-volume/)
13. Options chains looking beyond unusual, especially on the 17th of Mar. Source: (https://chartexchange.com/symbol/nyse-amc/optionchain/summary/)
14. FTDs are just a completely off-the-rails trainwreck! Seriously I've seen nothing like it in the market even when you combine other larger share structure companies together like Amazon+Apple+Berkshire Hathaway+Google+Microsoft are still just FRACTIONS of AMC. Source: (https://chartexchange.com/symbol/nyse-amc/failure-to-deliver/)
15. Some banks still in trouble with CDS rates over 250+. Source: (Bloomberg terminal/open sources)
16. Company showing consistent debt reduction/mitigation climbing out of the hole that was imposed on it by the government.
17. New rules written and passed that shored up weaknesses this whole event identified within the past 3 years. After action report will determine whether they were followed/enforced...or not. Source: Multiple SEC adopted rules
18. HF reductions in allowable withdrawals. Source: Multiple
19. Weekly OBV is stable and shows overall HODL'ing. Seems the generalization of people didn't sell at $70, they sure as hell aren't going to sell at $7, appears to be true. They are waiting for their price to arrive and it's alot higher than $70/pps at this point! Absolutely amazing to see this! Source: (https://schrts.co/kXcCxEnv)
20. The added (and probably unwanted) scrutiny of SEC, DTC, DTCC, CTFC, FINRA, FINTEL, and the whole regulatory system with regards to naked shorting, corruption, manipulation, sloppy controls, ineffective fines, etc is starting to generate sanitizing interest by the public; especially as processes and "how it's worked in the past" is being exposed. Source: (Multiple, incl Reddit forums in excess of half million users.)
And on and on and on...
I'm thinking, and betting, this all adds up to something very significant, unprecedented even. I've got my tickets and I'm almost out of popcorn but that's alright, I'll be making a run to Walmart here soon enough. haha. Just a few thoughts to help keep perspective on the bigger picture.
G'luck to all!
Tick Tock!
IMO/NFA
1. According to Reddit, over 80% of household investors are saying YES to vote. Source: (reddit.com/r/amcstock/comments/117inql/proxy_vote_poll/)
2. Exactly 3,000 Limited edition AMC silver coins from Hycroft sold out in just 2 minutes. Source: (https://hppromotionalsolutions.com/products/amc-hycroft-silver-coin and reddit.com/r/amcstock/comments/11fo74d/1000_hycroftamc_silver_coins_sold_in_2_minutes/)
3. SEC cancelling speaking engagements. Source: (https://www.wsj.com/livecoverage/stock-market-news-today-02-23-2023/card/-sec-speaks-conference-nixed-after-sec-declines-to-speak-s916QQbJZhzZ9Odh45im)
4. Citadel files $428B 13-F. (My floor sell price just added another digit alone on this and the delay) Source: (https://whalewisdom.com/filer/citadel-advisors-llc)
5. 198M shares on loan out of 516M. (Ortex)
6. Short Interest of almost 26%. (Ortex)
7. Days to Cover over 5 full days required. (Ortex)
8. 100% Utilization for years now. (Ortex)
9. Costs to borrow AMC averages in the hundreds of percent (currently 300+% and has been up to 1,000+%. (Ortex)
10. Made it on to the RegSho...again...with a ton of people's eyes watching whether SEC is going to exercise malfeasance, misfeasance, or nonfeasance so they can pounce at any mis-step... (see #3) Source: (https://www.reddit.com/r/amcstock/comments/11fnepu/hoping_the_regulators_and_congressman_following/) and many more tracking the progress as we crossed the 18th consecutive day...so far. Time to force accountability if the "self-regulatory system" is unable/unwilling. Source: (https://www.nyse.com/regulation/threshold-securities) ***update edit=19th consecutive day and counting
11. AMC microwave popcorn product being released with exclusive agreement with Walmart nationwide. (Which will probably sell out and be as hard to find as shares! LOL!) Source: (https://investor.amctheatres.com/newsroom/news-details/2023/AMC-Entertainment-Launching-Its-All-new-Line-of-Microwave-Popcorn-and-Ready-to-eat-Popcorn-Exclusively-at-Walmart/default.aspx)
12. Vast majority of shares trading are OFF exchanges and not even touching LIT. Source: (https://chartexchange.com/symbol/nyse-amc/exchange-volume/)
13. Options chains looking beyond unusual, especially on the 17th of Mar. Source: (https://chartexchange.com/symbol/nyse-amc/optionchain/summary/)
14. FTDs are just a completely off-the-rails trainwreck! Seriously I've seen nothing like it in the market even when you combine other larger share structure companies together like Amazon+Apple+Berkshire Hathaway+Google+Microsoft are still just FRACTIONS of AMC. Source: (https://chartexchange.com/symbol/nyse-amc/failure-to-deliver/)
15. Some banks still in trouble with CDS rates over 250+. Source: (Bloomberg terminal/open sources)
16. Company showing consistent debt reduction/mitigation climbing out of the hole that was imposed on it by the government.
17. New rules written and passed that shored up weaknesses this whole event identified within the past 3 years. After action report will determine whether they were followed/enforced...or not. Source: Multiple SEC adopted rules
18. HF reductions in allowable withdrawals. Source: Multiple
19. Weekly OBV is stable and shows overall HODL'ing. Seems the generalization of people didn't sell at $70, they sure as hell aren't going to sell at $7, appears to be true. They are waiting for their price to arrive and it's alot higher than $70/pps at this point! Absolutely amazing to see this! Source: (https://schrts.co/kXcCxEnv)
20. The added (and probably unwanted) scrutiny of SEC, DTC, DTCC, CTFC, FINRA, FINTEL, and the whole regulatory system with regards to naked shorting, corruption, manipulation, sloppy controls, ineffective fines, etc is starting to generate sanitizing interest by the public; especially as processes and "how it's worked in the past" is being exposed. Source: (Multiple, incl Reddit forums in excess of half million users.)
And on and on and on...
I'm thinking, and betting, this all adds up to something very significant, unprecedented even. I've got my tickets and I'm almost out of popcorn but that's alright, I'll be making a run to Walmart here soon enough. haha. Just a few thoughts to help keep perspective on the bigger picture.
G'luck to all! Tick Tock!
IMO/NFA
Bullish
IMO/NFA
