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- Thread starter GreenMachineX
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GreenMachineX
Well-known member
Up to 43!
ax1
Legend
ValiantThor08
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ax1
Legend
Yes its for total retail investors, not the count. There were questions for a while since as to the who was included in the overall retail investor count.
In the first count back in spring AA said there were 2.1 retail investors, but that count wasnt for all international as far as we understood, so people were wondering what that June count with a much higher total accounted for and now that is confirmed by the vice president. It is a global total individual retail investor count.
And of course AA posted the specific "legal" shares out, and I dont think he could comment much more than that for obvious reasons, so if we divide the legal (I think we held some 81% or something like that, so we get the overall retail share number) we can get the average retail holding and then account for how much other shares are held by institutions. Hope that made sense off my fingertips
ax1
Legend
Guys, Im taking a little break and clear my head from this forum. When people are messaging me in private and trying to make appointments to settle disputes and meet face to face among other things that crosses the line of legality. And no Im not doing anything about this, I just need that to stop and my participation isnt helping. I said goodbye in my other thread but be assure Ill be back in the stock forum contributing in my best possible way in the near future. Dunno when that will be either a week or months, but I need to clear my head and Im done with online politics on here, its just not worth it. I love people. Ill see how I feel later. I need to recondition my habitual brain to avoid that part of the forum and this is what I have to do, its just short term.
ValiantThor08
Board Sponsor
AMC looking beautiful right now.
BamBam54
Well-known member
ValiantThor08
Board Sponsor
I'll take a few dollar increase each day. Heading in the right direction for margin call.
BamBam54
Well-known member
Yeah, this creeping up is nice and all.... but unless it forces shorts to panic, it's not making big bank.
47 is an improvement from 32.... but its nowhere close to Big Lou brackets. Ya know??
ValiantThor08
Board Sponsor
His brackets I assume are squeeze potential price, I assume. Unless he means that is what a normal share price should be. All we need is slow upwards price movement for the short squeeze to take place. How do we know they have not covered the shorts? Because they work so diligently to not let the price go up. One would only have a vested interest in keeping the price down if the price going up will only screw them. So I'm still convinced in a very real short squeeze, not gamma, not FOMO price movement, but an actual short squeeze that will cause the price to sore in the thousands.
ValiantThor08
Board Sponsor
Price slowly going up in after hours
ValiantThor08
Board Sponsor
This is a good point.Invalid Link Removed
BamBam54
Well-known member
Amazon does over $200 billion in sales each year, and AMC does about 1 billion.
And this year Amazon projects earning $53.26 per share while AMC projects a loss of $-2.85 per share
Just sayin'....
ValiantThor08
Board Sponsor
True, but this isn't a fundamental play, and the value right now, nor is the squeeze based on the companies fundamental value. So I don't care about fundamentals, for it doesn't effect this play.
BamBam54
Well-known member
I agree our AMC is a squeeze gambit... just pointing out that when some dope on reddit tries to compare AMC to Amazon stock price, there really IS a very good reason why they are different.
Lots of misinformation and misdirection on the forums...just keeping it real.
GQdaLEGEND
Legend
I agree our AMC is a squeeze gambit... just pointing out that when some dope on reddit tries to compare AMC to Amazon stock price, there really IS a very good reason why they are different.
Lots of misinformation and misdirection on the forums...just keeping it real.
yeah they are bunch of screw losses on that forum .. i remember they were comparing to Berkshire last month .. i was like lets hope so but most likely wont lol
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GQdaLEGEND
Legend
Draftkings gets a $3bil contract from espn 
ValiantThor08
Board Sponsor
And honestly, fundamentals aside, based on supply and demand, AMC should be significantly higher SOLELY due to there being more buys/holds than sells. A lot for factors can contribute to a heightened stock price, and company value is only one factor.I agree our AMC is a squeeze gambit... just pointing out that when some dope on reddit tries to compare AMC to Amazon stock price, there really IS a very good reason why they are different.
Lots of misinformation and misdirection on the forums...just keeping it real.
ValiantThor08
Board Sponsor
Cause the idiots want to make money shorting the company. Pack of fools.
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GQdaLEGEND
Legend
ValiantThor08
Board Sponsor
I like thus guy.Invalid Link Removed
ValiantThor08
Board Sponsor
I agreeInvalid Link Removed
ax1
Legend
Thanks bro, and thanks to every one else who contacted me in private. Your support means a lot to me. I did say Ill come back here when Im ready, and I think 5 days later Im back freed from the abyss I was sucked in, well I hope, lol
Anyways from now on Ill be able to give a little more energy to the stock and crypto threads, and I will post politics here directly time to time only when it relates directly to our economy and stock market and it may effect of us regardless of our political backgrounds.
Here is some important interesting news reason Im motivated to come back and share this, not sure if anybody has been following what has been going on with CitiBank and their holdings for AMC shares as a custodial bank for Banco in Brazil, but apparently (I wouldnt confirm everything here is 100% legit) CitiBank holds some 510 million AMC shares in depository as a custodial service if I am understanding right.
Im still listening to the video's of the calls, not caught up yet but this is really interesting. If dont have time you can just skim the description from the video's. The links from the twitter post on youtube are embedded on our post here all the way down below.
Take this with a grain of salt, Im just a dumb guy finding stuff on the internetz and posting it here, if anyone can discredit this please do so.
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Quote from video description:
"This is a recorded phone call with Christian Glynn from Citi. He is the Vice President, Head of Depositary Receipts Operations for the company. So know that this is a pretty important person that I'm speaking to in regards to BDRs for A2MC34 (Brazilian ticker symbol) It proves that by law for both countries, according to the rules & regulations for BOTH, CitiBank as the "Custodial Bank" for Banco B3's A2MC34 BDRs, is REQUIRED BY LAW to hold the equal amount of AMC shares (the underlying stock that the BDRs are representing & sold in the Brazilian market) to the BDRs.
According to the ratio breakdown that Banco B3 has set for A2MC34, it's a 6 to 1 RATIO. So for EVERY 6 - "A2MC34" BDRs, it equals to 1 AMC share. At this time there is 3.08 BILLION A2MC34 BDRs being sold in Brazil. So given that FACT, 6 divided by 3.08B = 510+ MILLION AMC SHARES are being held at Citi Custodial Services.
Don't let me convince you, let the Christian Glynn tell you the laws himself with his own voice. This call was recorded on August 23, 2021 at approximately 10:46AM PST. You can download this unedited original file here for reference. Invalid Link Removed This is not the best call but he does confirm everything. The next 2 calls, ESPECIALLY the 2nd call from Michael Moore is gonna JACK YOUR TITS! P.S. If you wanna speak to Christian himself, his office number is: 973-461-7021 & you can even email him at [email protected] If you download the files, you'll see the telephone numbers in which they called me from. Also his LinkedIn Profile Page: Invalid Link Removed"
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ValiantThor08
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BamBam54
Well-known member
Brazil story sounds kooky to me.
Nowhere is it shown that Brazil is actually trading 3 billion shares, that is some goofy math the internet kid came up with.
And nowhere is all these monotonous poorly recorded phone calls does Citi say they actually have 510 million shares held.
I tried to get a sense of the REAL volume trading in Bazil, and the wall street journal had like 107 shares. Low low volume (see pic) No way reflective of 3 billion shares flying around Brazil. THAT is where the mistake was made in the internet forum youtube detective math.
Nowhere is it shown that Brazil is actually trading 3 billion shares, that is some goofy math the internet kid came up with.
And nowhere is all these monotonous poorly recorded phone calls does Citi say they actually have 510 million shares held.
I tried to get a sense of the REAL volume trading in Bazil, and the wall street journal had like 107 shares. Low low volume (see pic) No way reflective of 3 billion shares flying around Brazil. THAT is where the mistake was made in the internet forum youtube detective math.
Attachments
ax1
Legend
Like other Fridays, is there a number we're looking for at the close today?
Another long weekend of no trading. Lol. At least I have football to distract me.
$45.01 would have been nice, $47.01 much better.
From $45.01 if they push down $43 and under that’s about 2.8 million shares that would have needed to be covered next week, minus what was delta hedged (covered already prior to today expiration) for already this week.
So looks like they would love this at $43 if they pull it off.
Nothing extraordinary but any buying pressure helps and we could use more SEC pressure if they do their job.
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2 weeks from now there is a bit more in the line and it will probably add up as we get closer.
It’s free for us to hold but their is still added costs for the shorts the more they do so.
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ax1
Legend
Thanks for your input, I gotta get into the videos when I have time later.
Volume has no exact correlation to shares held though, right? That’s just trading activity. I mean you have have trillions of shares but if people aren’t trading or other volume will be low. I’m the other hand I can see that as a red alarm and to do deeper digger before we confirm this info.
BamBam54
Well-known member
I bet when the kid took the brazil share price to total value, and came out to 500+ million shares that was really the total AMC shares and market value worldwide. Conveniently matching almost exactly the amount of total shares of AMC publicly traded. See?
I bet the Brazil market Share price is based on the total worldwide share value. Not duplicating it... but participating in it. At an incredibly low volume, which matches reality MUCH closer.
These damn reddit kids chasing shadows all day...
GQdaLEGEND
Legend
I’m traveling with family today and for first time for a break to look at the market .. holy crap what is happening jjst bleeding everywhere
Fed speaking or job release news ?
Ps good to see u back here ax1 , fck these sensitive assss hoes who blame others when they lose a penny
Fed speaking or job release news ?
Ps good to see u back here ax1 , fck these sensitive assss hoes who blame others when they lose a penny
BamBam54
Well-known member
ax1
Legend
So this is where I am now (just a note ahead of time, Im inconclusive and skeptical)....and first Ill pull direct numbers that people are talking about in regards to BDR free float and the ratio BDR:AMC.
3.08 Billion BDR shares outstanding
This website from the actual depository holding company confirmed by Michael Moore (confirmed minute 17 video 3)
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6 to 1 ratio BMR to AMC, this is in Portuguse but I think I have this right, you have to go on page 16.
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That does come out to 513,330,200
I finished all 3 video's. In video 3 around the 10 minute mark the director did confirm that 510 million shares should be in the bank vault. He then got stuck answering after he was informed the entire global AMC supply is supposed to be 513 million shares, he didnt know what to say, but the guy doesnt work directly in depository so this all really could be twisted around in favor of the caller. Michael Moore may just be trying to give the best honest answer as possible so until we get more facts I this is inconclusive and taken with a grain of salt. And Michael is going by the official BDR #'s provided by B3 and converted ratio maybe not realizing that perhaps possibly that BDR quote is someone else based off the global supply.
And damn, I had to find rubber in-ear earbuds and stick them deep in my ears to hear the other side of that call, lol
So the real question I want answered is the BDR posted free float based on the actually real depository holdings required by Brazilian law before they are converted, or is B3 simply just posting the quoting the overall global supply in BDR format. Being the 513 (not 510 as stated in the video) matches the global supply, Im leading to believe in the latter but I hope we get facts confirming this either way, this is not over, but Michael did warn that the depository may not be at liberty to disclose the holdings.
GQdaLEGEND
Legend
Invalid Link Removedover the weekend I got to visit .. citadel building was too far away .. wanted to go there so bad
ax1
Legend
AMC
September 17th has alot of potential with monthly contracts as of today at $44 117k are in the money (thats total all in the money,) and a 278k are out of the money so the potential for much more is there. The $45 price target has 21k in the money as of now.
If we closed at $44.01 by the 17th with the current amount of contracts thats 11,700,000 shares that would need to be covered.
The next very huge day would be January the 21st with 169k contracts in the money at $44 (just going by current price) but thats far out and we have no idea what the price of a share will be (hopefully we squeezed already, lol!) but just putting this out there.
Stats taken from Stonk-o-tracker and webull.
September 17th has alot of potential with monthly contracts as of today at $44 117k are in the money (thats total all in the money,) and a 278k are out of the money so the potential for much more is there. The $45 price target has 21k in the money as of now.
If we closed at $44.01 by the 17th with the current amount of contracts thats 11,700,000 shares that would need to be covered.
The next very huge day would be January the 21st with 169k contracts in the money at $44 (just going by current price) but thats far out and we have no idea what the price of a share will be (hopefully we squeezed already, lol!) but just putting this out there.
Stats taken from Stonk-o-tracker and webull.
ValiantThor08
Board Sponsor
Close to 47 a share today
ax1
Legend
Hit $47.87 shortly after 10am, that $48ish has been a sticking point.
GQdaLEGEND
Legend
picked up some FCEL ( avg'd down ) and some SOS @2.56
ax1
Legend
Wow, I remember holding FCEL briefly when it was in the high teens, and dumped it way before it hit 30s....probably would have held on anyways and lost that profit for that time lol
For NIO holders, NIO wants to (if they arent already) dilute though market offering $2 billion worth of shares (about 3% of the total float) if they havent done so already at market price so there will be a drop. I think this is a good play for the company and I dont mind riding out the storm, Im holding long anyways.
AMC touched $49.40 after opening, dipped down in the 46s of course but this is a newer high as of late.
