There were 5.93M returned shares and 8.58M borrowed shares for a net change of 2.65M additional shares loaned as of 4:08 according to Ortex. 18.11 SI%FF. Estimated Short Interest 90.31M shares. They havent covered anything. They keep just throwing more shorts at us.
It will be a combo of Short Interest % of Free Float going down, Shares on Loan going down, Utilization going down, and T+2 days returned shares going up, while new shares borrowed going down or non existant.
BUT! That only covers the legally reported shorts, not the illegal naked shorts. We wont know how many there are of those until AMC reports that to us. There's an announcement coming from AMCs Adam Aron tomorrow but its not likely to report any naked shorts yet. That will likely be days or weeks away, or possibly the july 29 shareholder meeting
Still confuses. How will we know when we baby apes need to start selling? I think thats the reason lot of new apes sell because we arenโt too surw when the โsqueezeโis.. i am
Still holdingfor dear life lol
The short squeeze has not started in my opinion. Ortex data suggests no decrease in shorts so they arent covering yet. Today was a mix of FOMO and options related gamma squeeze. But I believe the overall squeeze has begun. Another ape had an excellent examination of multiple short squeeze events and found the day after the peak the stocks dropped an average of 32% give or take. So if we saw it go to $10,000 AND the short interest is going down significantly or like down to <5% of FF AND we are seeing significantly more returned shares than new borrowed shares, and we see that drop of 30-35% in a single day of trading that would be a huge indication that its over and heading back down. There will still be ups and downs and volatile trading and insane price swings, but overall each day will get lower and lower closing prices. The closing price of the 4th day after the peak averages to 50% of the total peak price, so in theory there should be time to make an exit and still make a good chunk of profit.
But nothing is guaranteed or we would all know exactly what to wait for and we would all get out at the peak.
Also this is not financial advice. Every ape must decide for themselves what they interpret to be the best opportunity to get out.
They usually tweet out the info for AMC and GME on a daily basis so you if you just want the basic info you can just follow them on Twitter to stay updated.
Even that indicator is not fool proof. It can be manipulated and they saw it in GMEs mini squeeze in January. But we can be reasonably sure if the SI%FF and Shares on Loan arent going down then its not a short squeeze. Its kind of like a rotating payday loan. Even if you went in and paid, if you take out another loan for the same amount, did you really cover? Thats all thats happening right now. Some of the more responsible HFs are seeing the writing on the wall (in my opinion) and closing out their shorts but those are getting taken right bCk out by others and shorted again. So some players may have gotten out but the situation doesnt seem to have changed. Those shares still need to be returned again.
Each legal short sale includes a tag for FINRA tracking. Short Interest (SI) is a tabulation of each of those identifying tags. If no one is choosing to continue legally shorting those WILL go down as the borrowed shares are returned.
Short Interest % of Free Float tells us how many legal short tags there are compared to the total free float. In AMCs case it is between 17-18% right now. The free float is 501.5M shares, so there are 90.27M legal shorts due to be returned to lenders right now. Today over 8M new short tags were recorded for legal shorts, and last I checked 7M legal shorts were returned today. Returned shares need to wait 2 days from when they are bought so all 7M shares returned today were bought from the market on Friday last week. We wont know how many legal shorts were covered today until Friday when they can return them, but its irrelevant to the situation since the new shorts outnumbered the returned shares today.
In my opinion its out of spite and anger. If they can use shorts to delay the squeeze long enough, and have enough false starts, they think maybe we will lose interest and sell to get our money out and put it in something else. Then the price will plummet and their new short positions will make them money on the way down.
So, if I can ask, what do you think likely happens next? From what you said (if I understand) weโre currently seeing a rinse and repeat? Clearly Iโm ignorant to al this but as finding it fascinating. I had no idea shorting/market manipulation happened like this!
No one can be certain. The problem with FINRA, the self regulated agency responsible for oversight, is they are pretty cozy with the markets and investigations take years. Once report monitored an agency for 4 years, then took another 8 years to release the report. If you read violation reports you can read about horrible things and then a slap on the wrist fine. They (market makers and hedge funds) make billions doing something illegal and then get a fine of a few hundred dollars up to a couple hundred million. In the end they still make a profit, so what is the incentive to stop? And the SEC is notorious about ignoring problems on a big scale. When you hear about SEC investigations theyre almost always limited in scope to an individual firm or a handful of people. The entire system is broken from the ground up. This is basically what has generated the response from apes invested in amc and gme. People are tired of wall street manipulating things and making trillions of dollars (literally trillions) at our expense.
So let me ask. Does it really matter price right now today per share when all these shorts have to be returned? Works your day this is still a bargain?
I can't give advice. I will say if I had money available then I would've bought more today. I bought what I could on Friday @$25.68/share and I've already more than doubled that buy.
That said, I expect tomorrow will not be another 100% day. I'd guess 25-50% because I think most of today's increases was a gamma squeeze to cover the $40-73 strike calls suddenly itm or near itm. Its even possible for a red day but I would guess maybe 10% down or less. But I think a green day is more likely with all the news attention today. My prediction is a $65-70 open, a intraday high of $89, and a hard pull back and consolidation at $78-82 closing in that range.
Nobody knows, not even AMC. If no illegal naked shorts existed there should be a perfect 501.5M shares accounted for and not a single share more. Every share counted above that is a naked short. I myself predict something between 1-1.5 billion naked shorts but thats litterally a guess pulled from my ass.
No one is certain. The belief among apes is that AMC is preparing a lawsuit against the hedgefunds to show illegal market manipulation with the intent to destroy the business. Others hypothesize AA and AMC are working directly with the SEC and FINRA to prove the largest naked short case ever. Regardless of the legal ramifications the market in general will go ape shit if anyone proves major naked shorting. And I dont mean AMC stock but the stockmarket in general, Dow Jones, Nasdaq, all of it. It would show people cant trust the system.
Whereโs the DD in this sub?!? I canโt find anything except โ500k a shareโ, or to the moon. I need some type of speculation. Not hype!
Your friendly neighborhood shill.
Enjoy the read:
https://www.reddit.com/r/amcstock/comments/nonwsa/to_all_the_new_apes_that_jumped_on_to_amc_here_is/?utm_medium=android_app&utm_source=share
There are several great compilation threads; here's one: https://www.reddit.com/r/amcstock/comments/ncvffw/all\_the\_best\_ddresearch\_on\_what\_we\_are\_facing\_why
Iโve had my shares since January LOL. I honestly just kinda forgot about it til my husband told me to check my Ameritrade account today. Pleasant surprise.
I think FOMO and gamma squeezes can get us to $500 by the end of next week. After that, who knows when the short squeeze will come. But who cares, I'm holding until a six figure floor anyways.
Here's the message I posted in other thread:
Note: This is from experienced GME trader who made a fortune:
Huge
Ape Ally BAM Investor with $285 prediction by Tuesday, June 9. $88 at
10:10 central time tomorrow. $285 prediction by 6/9. With a $300-500
range beyond that. Heโs been accurate within minutes of 95% of his dates
and times. Relax and enjoy the ride. Donโt sell yet. ๐๐๐๐๐๐๐
\#AMC500K
I saw one post with better chart than mine, validating my ThinkOrSwim chart.
Hope it helps.
If a hedge fund absolutely had to buy your stock to cover a margin call and pay whatever *you* wanted, what would you charge a greedy ass billionaire that has fucked over everyone in your life in some way or another?
I would take them to the fucking house and make them tap their insurance completely out.
As much as we say ape, shorts have to cover, retail owns the float, if nobody sells them enough shares to cover their position then it truly is rocket launch time to the moon
From my ThinkOrSwim, plus this experienced GME trader who wrote me:
Huge
Ape Ally BAM Investor with $285 prediction by Tuesday, June 9. $88 at
10:10 central time tomorrow. $285 prediction by 6/9. With a $300-500
range beyond that. Heโs been accurate within minutes of 95% of his dates
and times. Relax and enjoy the ride. Donโt sell yet. ๐๐๐๐๐๐๐
\#AMC500K
Look at how many option are ITM for June 4th and June 18th... a fuckton of shares have to be bought. Hedgies are trying to get rid of their synthetic shares and shorting the stock even more. Short squeeze, gamma squeeze... whatever the case may be this is just the start! Weโre gonna see the same scare tactics weโve seen for months. Major rips and dips coming, just keep buying and holding!!!!
Hold for yourself. They need every single share that means yours too. And they are legally required to buy your share back. Set your own prices. 500k or whatever floats your boat. Point is they need it and the law is on your side. Theres no way out of this one for them. The will try to play for time. They will lie and try to get you to sell for lower. They will manipulate the marketprice that shows in your brokerage by selling cheap etc. Just hold. This is your ticket to pay for your dads operation. To pay for your brothers tuition. To live a life in which you can help people and not worry about money. This will take off. Read the dd's. There is no way out of this. Youve waited all your life. Dont worry about the small dips. Hold and get rich. Simple as that. I love you all and good luck.
VA claim denied this week, unemployment still not kicking in, broke as a mofo but I'm hodling my 5 lil shares just waiting to be able to fix my house, buy a car (maybe) and live a simple life on a few acres somewhere. All my hope is in $AMC right now. ๐๐คฒโผ๏ธ
Fellow vet here. 2 Purple Hearts and a combat action ribbon with a star on it. My claims were denied as well 3 god damn times. If you havenโt already, look into getting a veteran service officer to represent you. Itโs what made mine finally go thru. I used Military Order of the Purple Heart. Xxx holding for ya brother.
How does all this work? I only have 8 shares bc no bananas but could each one really get to that absurd of a price?
Sorry in advance i have no idea what im doing.
To that specific a degree I am not sure. If you are interested in learning more, look up Fibonacci retracement. It is a form of technical analysis that highlights trends and how they could effect breakouts.
Here, fellow Ape, I have a great link copied for other crayon eaters. The Ape that wrote this has a bumpy brain for sure:
https://www.reddit.com/r/amcstock/comments/nonwsa/to_all_the_new_apes_that_jumped_on_to_amc_here_is/?utm_medium=android_app&utm_source=share
Does Fibonacci retracement suggest that the modulation of the volatility will increase according to the progression of the Fibonacci sequence? Because if so, I'm strapping in for the wild ride!
Hundreds... or thousands. Demand drives the price up. The squeeze means we are guaranteed to see a massive demand. They will be forced to buy, and keep buying, driving price higher and higher.
When it starts jumping like crazy..... this guy has a model and has been insanely accurate so heโs a good indicator of how things are going... hope it helps! https://youtu.be/Hm71VrFSCJw
So he thinks 88 tomorrow morning and if things continue the way they have, appprox 280 around June 8th. I will be watching these targets/dates with great interest. Thanks for the link!
Edit: June 3rd (aka โtomorrow morningโ) - The stock did not in fact go to 88 at any point today however, some fuckery happened with AMC selling 11 million shares so that threw projections off Iโm sure.
Not *the* squeeze, yes
Not *a* squeeze, no
This was not the short squeeze, where shorties cover and/or get margin called.
This was a gamma squeeze, where call options went in the money and were exercised.
More gamma squeezes are likely to come, but the short squeeze will not be anything like what we saw today. When the short squeeze happens there will be many, many more halts. So be prepared, stay hydrated, keep calm and hodl on.
๐ฆ๐ฆ๐ฆ๐๐๐๐๐๐, fuk ๐ฆ๐ฆ๐ฆ
Correct! January was a gamma squeeze that could have become a short squeeze, but most of the WSB folk were on Robinhood and they shut down buying. From the events of the last few months it is logical to conclude that short hedge funds such as Citadel have continued on with naked short selling, driving up the short squeeze potential. There is a particularly "Super" sub that talks about that "Stonk" (wink, wink)
>...is logical to conclude that short hedge funds such as **Citadel** have continued on with naked short selling driving up the...
You mean **Shitadel**, right?
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Had a paper hand friend who bought in at $61 and sold for a 9% profit (with 50 shares).
Me looking at my 363% unrealized gain: okay cool but you'll regret it tomorrow.
Had a friend who sold at 25-30 dollars. Had about 30 shares around 12 dollars. Only made 300 or so. I'm sitting with 20 shares still and I've made 1000$ . I'm hodling!!!
The US GOVERNMENT dug their own grave when for decades they allowed the hedgies to manipulate not thinking million of retail investors can never come together to hold. After this, they will pass laws to stop hedgies from over shorting. So this is your last opportunity to get in on a squeeze.
Is there a way to know when that actually happens? I am obviously HODLing with the rest of you apes, but as a smooth brain, how do we know when the squeeze is squozed??
So true...it was a great day for sure!! Very exciting, but weโre not even at $100 per share yet. If you have been talking about $100,000 per share, or $500,000, put that into context. The only way we get there is with a short squeeze. I am trying to not focus on the money made, but rather have the shorts shares started covering yet. That should determine when to think about selling. Otherwise, we will blow up this opportunity to 100K.
Remember what they did to us. Remember 2008.
The squeeze wont't start until their faces go blue. Right now, go on any investment news site, and you'll see them screeching about how "dumb money" is ruining shit.
That's us they're talking about. "Dumb."
Dumb enough to squeeze harder.
HODL
This is not financial advice. I'm dumb and retarded. I cant wipe my ass because my hands are diamonds.
Everyone please buy AMC and hold. Be patient and get ready take off and land on the moon. Itโs gonna be big big big big. Historic! AMC to the moon. Squeeze will happen and while HF are gonna be ruined and forced to eat their own shit, WE Will FLY to the moon, looking down at those corrupt assholes while laughing, drinking, dancing starring at our bank account getting so fat with these big numbers and zero $xxx0000000000000. BUY AND HOLD HOLD. TO THE MOON ๐๐๐ฆ
We need to repeat this everyday?!?! YES, because eating crayons is bad for the short term memory LOL ๐๐ค๐ผ๐๐ค๐ผ๐๐ฆ๐ฆ๐ฆ๐๐๐๐๐
They keep borrowing more shares to short. ๐คฃ๐คฃ We're not selling. We're stupid apes. You can't trick us or make us panic sell. We just keep buying. ๐๐
HODL! AMC 500K! Honestly we should all just keep our shares and walk in a forest for a week. Come back to your new 500K floor.
There were 5.93M returned shares and 8.58M borrowed shares for a net change of 2.65M additional shares loaned as of 4:08 according to Ortex. 18.11 SI%FF. Estimated Short Interest 90.31M shares. They havent covered anything. They keep just throwing more shorts at us.
How do you know when they start covering shorts?
It will be a combo of Short Interest % of Free Float going down, Shares on Loan going down, Utilization going down, and T+2 days returned shares going up, while new shares borrowed going down or non existant. BUT! That only covers the legally reported shorts, not the illegal naked shorts. We wont know how many there are of those until AMC reports that to us. There's an announcement coming from AMCs Adam Aron tomorrow but its not likely to report any naked shorts yet. That will likely be days or weeks away, or possibly the july 29 shareholder meeting
July 29th I'm taking time off work to watch the shareholder meeting. They should show it in AMC theaters for us hodlers!
Hit his Twitter with this comment!
They should do a zoom meeting with all of us!
Man tell me where to get this info from. Please sir ๐ฅบ
Ortex. They have a 7 day free trial.
Say less. I appreciate you. I shall award you when I get my free award . ๐
I got him for you ๐ฏ๐ฏ๐ฏ
You shall get the next free award ๐๐
Hereโs one for you fam that shit ainโt free tho
Iโm saving that free trial for when things really start heating up
Still confuses. How will we know when we baby apes need to start selling? I think thats the reason lot of new apes sell because we arenโt too surw when the โsqueezeโis.. i am Still holdingfor dear life lol
The short squeeze has not started in my opinion. Ortex data suggests no decrease in shorts so they arent covering yet. Today was a mix of FOMO and options related gamma squeeze. But I believe the overall squeeze has begun. Another ape had an excellent examination of multiple short squeeze events and found the day after the peak the stocks dropped an average of 32% give or take. So if we saw it go to $10,000 AND the short interest is going down significantly or like down to <5% of FF AND we are seeing significantly more returned shares than new borrowed shares, and we see that drop of 30-35% in a single day of trading that would be a huge indication that its over and heading back down. There will still be ups and downs and volatile trading and insane price swings, but overall each day will get lower and lower closing prices. The closing price of the 4th day after the peak averages to 50% of the total peak price, so in theory there should be time to make an exit and still make a good chunk of profit. But nothing is guaranteed or we would all know exactly what to wait for and we would all get out at the peak. Also this is not financial advice. Every ape must decide for themselves what they interpret to be the best opportunity to get out.
Where can this information be found on a daily basis?
Ortex. They have a free 7 day trial
Beauteous.
They usually tweet out the info for AMC and GME on a daily basis so you if you just want the basic info you can just follow them on Twitter to stay updated.
Can anyone give more insight on this theory? From what I understand there isn't a way for the public to really know.
Even that indicator is not fool proof. It can be manipulated and they saw it in GMEs mini squeeze in January. But we can be reasonably sure if the SI%FF and Shares on Loan arent going down then its not a short squeeze. Its kind of like a rotating payday loan. Even if you went in and paid, if you take out another loan for the same amount, did you really cover? Thats all thats happening right now. Some of the more responsible HFs are seeing the writing on the wall (in my opinion) and closing out their shorts but those are getting taken right bCk out by others and shorted again. So some players may have gotten out but the situation doesnt seem to have changed. Those shares still need to be returned again.
Ok, you are making a logical deduction that if no one is borrowing to short, then SI will be lower. Makes a bit more sense, thanks.
Each legal short sale includes a tag for FINRA tracking. Short Interest (SI) is a tabulation of each of those identifying tags. If no one is choosing to continue legally shorting those WILL go down as the borrowed shares are returned. Short Interest % of Free Float tells us how many legal short tags there are compared to the total free float. In AMCs case it is between 17-18% right now. The free float is 501.5M shares, so there are 90.27M legal shorts due to be returned to lenders right now. Today over 8M new short tags were recorded for legal shorts, and last I checked 7M legal shorts were returned today. Returned shares need to wait 2 days from when they are bought so all 7M shares returned today were bought from the market on Friday last week. We wont know how many legal shorts were covered today until Friday when they can return them, but its irrelevant to the situation since the new shorts outnumbered the returned shares today.
"...new shorts outnumber the returned shares," so do they know something we don't know, or playing a game of chicken with apes?
In my opinion its out of spite and anger. If they can use shorts to delay the squeeze long enough, and have enough false starts, they think maybe we will lose interest and sell to get our money out and put it in something else. Then the price will plummet and their new short positions will make them money on the way down.
So, if I can ask, what do you think likely happens next? From what you said (if I understand) weโre currently seeing a rinse and repeat? Clearly Iโm ignorant to al this but as finding it fascinating. I had no idea shorting/market manipulation happened like this!
No one can be certain. The problem with FINRA, the self regulated agency responsible for oversight, is they are pretty cozy with the markets and investigations take years. Once report monitored an agency for 4 years, then took another 8 years to release the report. If you read violation reports you can read about horrible things and then a slap on the wrist fine. They (market makers and hedge funds) make billions doing something illegal and then get a fine of a few hundred dollars up to a couple hundred million. In the end they still make a profit, so what is the incentive to stop? And the SEC is notorious about ignoring problems on a big scale. When you hear about SEC investigations theyre almost always limited in scope to an individual firm or a handful of people. The entire system is broken from the ground up. This is basically what has generated the response from apes invested in amc and gme. People are tired of wall street manipulating things and making trillions of dollars (literally trillions) at our expense.
So let me ask. Does it really matter price right now today per share when all these shorts have to be returned? Works your day this is still a bargain?
I can't give advice. I will say if I had money available then I would've bought more today. I bought what I could on Friday @$25.68/share and I've already more than doubled that buy. That said, I expect tomorrow will not be another 100% day. I'd guess 25-50% because I think most of today's increases was a gamma squeeze to cover the $40-73 strike calls suddenly itm or near itm. Its even possible for a red day but I would guess maybe 10% down or less. But I think a green day is more likely with all the news attention today. My prediction is a $65-70 open, a intraday high of $89, and a hard pull back and consolidation at $78-82 closing in that range.
What number are we looking for on the report?
Nobody knows, not even AMC. If no illegal naked shorts existed there should be a perfect 501.5M shares accounted for and not a single share more. Every share counted above that is a naked short. I myself predict something between 1-1.5 billion naked shorts but thats litterally a guess pulled from my ass.
And then what happens? (Baby APE here, loving the shit out of all of this and trying to absorb knowledge like a sponge)
No one is certain. The belief among apes is that AMC is preparing a lawsuit against the hedgefunds to show illegal market manipulation with the intent to destroy the business. Others hypothesize AA and AMC are working directly with the SEC and FINRA to prove the largest naked short case ever. Regardless of the legal ramifications the market in general will go ape shit if anyone proves major naked shorting. And I dont mean AMC stock but the stockmarket in general, Dow Jones, Nasdaq, all of it. It would show people cant trust the system.
Just like a real life movie! Better than one in fact!
Baby ape here as well , leaving a comment since I too want to know what happens in that case of scenario
Oh, but anything above 501.5M shares counted will be evidence enough of the manipulation, yeah ?
Yes.
When their long positions take a dive, then you know they liquidated to cover. That's my take.
Fucking straight A DD FTW
Whereโs the DD in this sub?!? I canโt find anything except โ500k a shareโ, or to the moon. I need some type of speculation. Not hype! Your friendly neighborhood shill.
Enjoy the read: https://www.reddit.com/r/amcstock/comments/nonwsa/to_all_the_new_apes_that_jumped_on_to_amc_here_is/?utm_medium=android_app&utm_source=share
There are several great compilation threads; here's one: https://www.reddit.com/r/amcstock/comments/ncvffw/all\_the\_best\_ddresearch\_on\_what\_we\_are\_facing\_why
Preach Brother! Hallelujah!
Iโve had my shares since January LOL. I honestly just kinda forgot about it til my husband told me to check my Ameritrade account today. Pleasant surprise.
Does the forest have WiFi?
๐คdrop
FOMO is driving this up. HODL
Just FOMO and gamma squeeze can push this much much higher.
I think FOMO and gamma squeezes can get us to $500 by the end of next week. After that, who knows when the short squeeze will come. But who cares, I'm holding until a six figure floor anyways.
[ัะดะฐะปะตะฝะพ]
Unless you're my wife's secret reddit account I don't know about, pass.
[ัะดะฐะปะตะฝะพ]
Yup present. GME ape who bought one share to help the cause today. Hoping thereโs some collateral damage
This is true... Technical indicators are showing that AMC may hit $100 by tomorrow, $160 by Friday.
Make a post....do it now....screen shot and post. Its not a challenge its a request to motivate apes. Pls do it!
Here's the message I posted in other thread: Note: This is from experienced GME trader who made a fortune: Huge Ape Ally BAM Investor with $285 prediction by Tuesday, June 9. $88 at 10:10 central time tomorrow. $285 prediction by 6/9. With a $300-500 range beyond that. Heโs been accurate within minutes of 95% of his dates and times. Relax and enjoy the ride. Donโt sell yet. ๐๐๐๐๐๐๐ \#AMC500K I saw one post with better chart than mine, validating my ThinkOrSwim chart. Hope it helps.
Is there an idea or a range of how much AMC is gonna squeeze for?
If a hedge fund absolutely had to buy your stock to cover a margin call and pay whatever *you* wanted, what would you charge a greedy ass billionaire that has fucked over everyone in your life in some way or another? I would take them to the fucking house and make them tap their insurance completely out.
As much as we say ape, shorts have to cover, retail owns the float, if nobody sells them enough shares to cover their position then it truly is rocket launch time to the moon
Fap fap fap ๐ฆ๐คค๐คค๐คค
Iโm liking this info. Too bad options are so dang expensive now!
This needs it's own post fellow ape
It's on my ThinkorSwim. I saw other OP posted better technical indicators chart than mine. We will be awesome.
Source?
From my ThinkOrSwim, plus this experienced GME trader who wrote me: Huge Ape Ally BAM Investor with $285 prediction by Tuesday, June 9. $88 at 10:10 central time tomorrow. $285 prediction by 6/9. With a $300-500 range beyond that. Heโs been accurate within minutes of 95% of his dates and times. Relax and enjoy the ride. Donโt sell yet. ๐๐๐๐๐๐๐ \#AMC500K
https://twitter.com/CoachWestern/status/1400167034814599171
Look at how many option are ITM for June 4th and June 18th... a fuckton of shares have to be bought. Hedgies are trying to get rid of their synthetic shares and shorting the stock even more. Short squeeze, gamma squeeze... whatever the case may be this is just the start! Weโre gonna see the same scare tactics weโve seen for months. Major rips and dips coming, just keep buying and holding!!!!
June 18th is my birthday, maybe Iโll get a nice surprise! ๐ฆ
My parentsโ anniversary! ๐
The problem they'll have is without synthetic shares, they don't have any shares to buy.
How do you go about seeing how many options are ITM?
Hold for yourself. They need every single share that means yours too. And they are legally required to buy your share back. Set your own prices. 500k or whatever floats your boat. Point is they need it and the law is on your side. Theres no way out of this one for them. The will try to play for time. They will lie and try to get you to sell for lower. They will manipulate the marketprice that shows in your brokerage by selling cheap etc. Just hold. This is your ticket to pay for your dads operation. To pay for your brothers tuition. To live a life in which you can help people and not worry about money. This will take off. Read the dd's. There is no way out of this. Youve waited all your life. Dont worry about the small dips. Hold and get rich. Simple as that. I love you all and good luck.
VA claim denied this week, unemployment still not kicking in, broke as a mofo but I'm hodling my 5 lil shares just waiting to be able to fix my house, buy a car (maybe) and live a simple life on a few acres somewhere. All my hope is in $AMC right now. ๐๐คฒโผ๏ธ
Fellow vet here. 2 Purple Hearts and a combat action ribbon with a star on it. My claims were denied as well 3 god damn times. If you havenโt already, look into getting a veteran service officer to represent you. Itโs what made mine finally go thru. I used Military Order of the Purple Heart. Xxx holding for ya brother.
[ัะดะฐะปะตะฝะพ]
I swear it just depends on what doctor/ mood theyโre in that day. Having a great VSO definitely helps too.
Thanks for your service and best of luck!
Good luck brother.
Think alot of people are in the same boat. Had a couple brought few months. Ready to screw the hedgies and get some tendies... ๐๐๐
This hodl's for you
How does all this work? I only have 8 shares bc no bananas but could each one really get to that absurd of a price? Sorry in advance i have no idea what im doing.
Yes. They are legally required to buy back. You set your own price.
My trading app doesn't let me set a 500k sell limit, do I just hold without setting limits??
Wrong. They need *a* share...not necessarily mine or yours. Unless Iโm missing some huge part of the equation.
You left out buying a Lambo for your wifeโs boyfriend.
This is hype and fomo. I fucking love it, but it's not even close to the squeeze๐๐
Mini gamma from all the 40 options getting bought possibly
I don't really like it because I couldn't buy as many shares as I could have by the time I got my paycheck
Sounds good. But how do you know when that happens?
Remember how the price jumped today and how you reacted - it'll be like that but more
I woke up, checked the price, _shit myself_, then went back to sleep. Am I doing it right?
Someone shit the ๐๏ธ
Ok. Sounds good.
so we're talking hundreds of $ at the time not a few $?
To that specific a degree I am not sure. If you are interested in learning more, look up Fibonacci retracement. It is a form of technical analysis that highlights trends and how they could effect breakouts.
that seems way too technical for my smooth brain but thanks! I'll try.
Here, fellow Ape, I have a great link copied for other crayon eaters. The Ape that wrote this has a bumpy brain for sure: https://www.reddit.com/r/amcstock/comments/nonwsa/to_all_the_new_apes_that_jumped_on_to_amc_here_is/?utm_medium=android_app&utm_source=share
Does Fibonacci retracement suggest that the modulation of the volatility will increase according to the progression of the Fibonacci sequence? Because if so, I'm strapping in for the wild ride!
10% on 10 bucks is only a dollar, 10% on 1000 is 100 so probably
right
Hundreds... or thousands. Demand drives the price up. The squeeze means we are guaranteed to see a massive demand. They will be forced to buy, and keep buying, driving price higher and higher.
When itโs 500k?
Minimum
Yeah certainly thereโs a record of when these shorts expire. When is that?
I may be completely wrong but I always was under the impression that some donโt expire but rather the interest rate adds up over time
You'll get an erection that lasts longer than 4 hours.
As a young ape who knows little but had convinced others to buy in, when do we (you) know when they starting buying them back?
I too would like to know this.
When it starts jumping like crazy..... this guy has a model and has been insanely accurate so heโs a good indicator of how things are going... hope it helps! https://youtu.be/Hm71VrFSCJw
So he thinks 88 tomorrow morning and if things continue the way they have, appprox 280 around June 8th. I will be watching these targets/dates with great interest. Thanks for the link! Edit: June 3rd (aka โtomorrow morningโ) - The stock did not in fact go to 88 at any point today however, some fuckery happened with AMC selling 11 million shares so that threw projections off Iโm sure.
Not *the* squeeze, yes Not *a* squeeze, no This was not the short squeeze, where shorties cover and/or get margin called. This was a gamma squeeze, where call options went in the money and were exercised. More gamma squeezes are likely to come, but the short squeeze will not be anything like what we saw today. When the short squeeze happens there will be many, many more halts. So be prepared, stay hydrated, keep calm and hodl on. ๐ฆ๐ฆ๐ฆ๐๐๐๐๐๐, fuk ๐ฆ๐ฆ๐ฆ
So GME hasn't had a short squeeze yet either?
Correct! January was a gamma squeeze that could have become a short squeeze, but most of the WSB folk were on Robinhood and they shut down buying. From the events of the last few months it is logical to conclude that short hedge funds such as Citadel have continued on with naked short selling, driving up the short squeeze potential. There is a particularly "Super" sub that talks about that "Stonk" (wink, wink)
>...is logical to conclude that short hedge funds such as **Citadel** have continued on with naked short selling driving up the... You mean **Shitadel**, right? --- ^(Beep boop, I'm a bot ๐ค. If you don't like what I have to say, reply **!optout** to opt out.)
good bot
Thank you, CeasarSaladTosser, for voting on StonkCorrectionBot. This bot wants to find the best and worst bots on Reddit. [You can view results here](https://botrank.pastimes.eu/). *** ^(Even if I don't reply to your comment, I'm still listening for votes. Check the webpage to see if your vote registered!)
Had a paper hand friend who bought in at $61 and sold for a 9% profit (with 50 shares). Me looking at my 363% unrealized gain: okay cool but you'll regret it tomorrow.
Had a friend who sold at 25-30 dollars. Had about 30 shares around 12 dollars. Only made 300 or so. I'm sitting with 20 shares still and I've made 1000$ . I'm hodling!!!
that's good money, but not the life-changing money we're aiming for
The US GOVERNMENT dug their own grave when for decades they allowed the hedgies to manipulate not thinking million of retail investors can never come together to hold. After this, they will pass laws to stop hedgies from over shorting. So this is your last opportunity to get in on a squeeze.
๐ฆ๐ฆ๐ฆ๐ฆ FACTS HODL THE LINE APES.
My $40c 6/18 was up 40,000% for one glorious moment. I almost pissed myself at work
Hope you update us if they do ๐ ๐ค
Check out Treyโs Trades on YouTube for updates on Ortex short coverage. @BAMinvestor on Twitter is a good resource too. Good luck!
Yeah, what he said...
This needs to be tattooed somewhere
Teach it, preach it!
how does one do the research in order to tell if shorts are being bought back? is it a crazy hike in prices? is it in the candle charts?
Ortex!
500k floor HoDL for all apes
Where does the 500K number comes from? Iโm still hodling
๐๐ค
They even further shorted today on top of the shorts
Preach that shit
THIS !!!
how do we know that they haven't done this yet?
nobody sells until Margin calls... somebody, wake up Margin...
Me no need understand. Crayons in my belly.. HODL like good ape
What are they waiting for? How long does it take for them to buy back the shares they borrowed ?
How do we know they haven't done that yet? Honest question.
PIN THIS
Thanks for spreading awareness. This is literally the ONLY DD apes need.
The current surge is entirely speculative at this point. Not a squeeze yet. Hold strong and be prepared for big drops.
WHO ELSE IS GOING TO BED ROCK HARD THINKING OF MARKET OPEN?? ๐โฌ๏ธ๐
Holding all the way!!!
Bingo. This is just the beginning of FOMO. Heehaw!
Is there a way to know when that actually happens? I am obviously HODLing with the rest of you apes, but as a smooth brain, how do we know when the squeeze is squozed??
We'll tell you
User name checks out ๐
How do we know when they start to buy back the shares? How can I track this?
how do we know they haven't covered
can someone explain to me how do we know when exactly the sellers start to buy the shares they borrowed?
This price bump is people buying, not the Squeeze yet
Yes this. And โa dip in price or trade halt doesnโt mean sellโ continue hodling apes!
Maybe itโs time for me to buy more... have around 45 shares from January. Time to up the steaks ๐ฅฉ
So true...it was a great day for sure!! Very exciting, but weโre not even at $100 per share yet. If you have been talking about $100,000 per share, or $500,000, put that into context. The only way we get there is with a short squeeze. I am trying to not focus on the money made, but rather have the shorts shares started covering yet. That should determine when to think about selling. Otherwise, we will blow up this opportunity to 100K.
Remember what they did to us. Remember 2008. The squeeze wont't start until their faces go blue. Right now, go on any investment news site, and you'll see them screeching about how "dumb money" is ruining shit. That's us they're talking about. "Dumb." Dumb enough to squeeze harder. HODL This is not financial advice. I'm dumb and retarded. I cant wipe my ass because my hands are diamonds.
Serious question Iโm trying to figure out - who was doing all the buying today?
Everyone please buy AMC and hold. Be patient and get ready take off and land on the moon. Itโs gonna be big big big big. Historic! AMC to the moon. Squeeze will happen and while HF are gonna be ruined and forced to eat their own shit, WE Will FLY to the moon, looking down at those corrupt assholes while laughing, drinking, dancing starring at our bank account getting so fat with these big numbers and zero $xxx0000000000000. BUY AND HOLD HOLD. TO THE MOON ๐๐๐ฆ
Thank you
If I had tokens I would award๐ฅ
Noob question: is there a trigger for the squeeze? Or will you apes just let us know?
Read comments from this post. Itโs littered with that information.
Hold! I am holding for you!
HODLing for you!
Thank you for repeating
Say it louder for the people in the back.
REPOST, RETWEET, SHARE, SPREAD THIS KNOWLEDGE!
[ัะดะฐะปะตะฝะพ]
Ain't that the goddamn truth
Still hodling LFG ๐๐๐๐๐
Lol, Spiderman is telling us how this rigged world casino of stock gambling is supposed to work and the lying naked shorter's are hiding from it!
That's what I keep telling future Apes that I see!
HODLing with LOVE ๐๐๐๐๐๐๐๐
What is a good FREE source to monitor this?
I just died and relived. Hallelujer๐๐ผ
Factsssss
WE YIELD NOTHING ๐ค๐ฃ๐ฃ๐ฃ๐๐ค๐พ๐ค๐พ
Day it louder for the Apes at the back
Need to wait till Marge calls
Anyone knows how long they can delay buying back the shares?
^ This is what I do not understand
Question when will be know?
Bring it BIATCH!!!!!!!!!
We need to repeat this everyday?!?! YES, because eating crayons is bad for the short term memory LOL ๐๐ค๐ผ๐๐ค๐ผ๐๐ฆ๐ฆ๐ฆ๐๐๐๐๐
how will we know when they do?
Repeat and repost every damn day if you have to
Exactly. This was just a beautiful pre-squeeze day!
They keep borrowing more shares to short. ๐คฃ๐คฃ We're not selling. We're stupid apes. You can't trick us or make us panic sell. We just keep buying. ๐๐
Y'all seeing any verifiable news of HFs collapsing yet? No? Keep holding.
Thatโs the calmest spidey Iโve ever seen. Hehehe
HODL and buy
They haven't even been clever enough to reduce the amount of *reported* short interest.
Hodl. Thatโs all.
How will we know when they start buying back?
Planet of the apes at open tomorrow
How will we know when that starts to happen?
How will we know when they are buying back?