Honestly folks, it's been a terrible day for the hedge funds. With Amc going over 100 up at highs today. I can't even count this high, folks. Obviously, you saw Amc accelerate its uptrend quite a bit today, but the data suggests that this isn't the short squeeze that we've been expecting.

Not by a long shot, hasn't even started yet. How do we know that this isn't the short squeeze, Charlie, You have to have shorts actually get squeezed in order to have a short squeeze. That means that shorts have to actually be buying back shares. They have to be covering their positions in net.

We haven't seen that we've seen short shuffling around, we've seen shorts take more short positions, and we've seen overall short interest increase. Just because short sellers have some paper losses, doesn't mean that we're in a squeezed territory yet. You need to have shorts, have to go in mass and rush to find shares to buy. And that hasn't happened yet.

You haven't had that fear. Apparently this hasn't scared Shorts at all because they're continuing to short it and Amc's rallies having a lot of unintended consequences. Pretty much everything retail oriented took off today. Folks are feeling more powered up and geared up than ever to go and throw money back into the stock market after bludgeons earlier this year.

If late February and March were the spanking of the retail trader, well, June is shaping up to be the time that retail actually stands up and fights back. And hey, look, nobody's getting fooled. Some of the big money's also going long here. They realize what's up and they're switching the bets.

But hey, isn't it nice for a change for retail to leave the pace instead of hedge funds? Leave the pace. And pragmatically, we have some big economic and inflation catalysts over the next couple of days and we'll see if Rico can keep up this pace. But very, very impressive. And we need to talk about how much crazier this can get Because let's be honest, if retail keeps showing up at this pace, and if they do, and they're patient, this could be the end of the stock market.

A halt may not be enough for Amc, The Sec may have to go and shut down the entire U.s electrical grid. In this video, we are going to be breaking down exactly what's going on with Amc, how long it's going to take to squeeze, and why The data suggests that the best is ahead of us if retail can keep sticking to this. Sure, we may get some sell-offs, but if retail can keep showing up and win this war of attrition, this can go much, much higher. But let's go ahead and get into it.

And the only thing that I ask in return for this video is that you hit that ravishing like button and also don't forget to subscribe either. Also, quick plug, You may be wondering what Broker Charlie should I be trading Amc and other stocks on what broker will allow me to trade these very violent and frequent after hours in pre-market moves like the one that happened with Amc this morning? Why miss out on that jump from 30 to 45? What Broker is a good platform to trade stocks on in general. While the broker's weeble and unlike many other brokers hey, we blocked you cares about you as a retail trader. But anyways, folks, if you are interested in Weeble, I'll go ahead and put a link to it below.

They do have that two free stock promotion if you sign up and deposit with a hundred dollars, but at the end of the day I think that it's worth a lot more than just the duvery stocks. Okay folks, Amc, it's all over. Yahoo Finance now says that Amc isn't changing the world like Tesla Who knew. and it gets worse.

Barons? They did the math folks, the math. You guys just didn't realize the numbers. they don't add up. and Jim Cramer thinks that Amc is overvalued.

Oh no, retail traders are certainly going to sell now. Of course, that beat sarcastic. But seriously, why is the media so obsessed with this idea that retail traders give a hoot? The Amc is fundamentally overvalued. Like, come on, at least be honest here.

people are buying this because of the potential for a squeeze. But yes, to be fair, some of the warnings from the media are quite important. Yes, eventually Emc is gonna die. Let's just hope that that's after the squeeze and after the hedge funds die too.

I don't think that anybody's fooling themselves into thinking that Amc is just going to keep going up forever, but while it does, we're sure it's all going to enjoy the ride right now. The reason that Amc was going so crazy today is because people in mass are realizing and educating themselves on the fact that, hey, if this squeezes this could go much higher. It's creating this unicorn situation where Fomo is pretty much going unchecked because even if people buy after it's gone up like 500 percent like it has, they are still in the back of their mind rationalizing it like, hey, wait a second, I'm buying it really, really high. But if this squeezes, this is going to go much higher.

People know that shorts are going to have to cover at some point, so they're like, okay, well, hey, I'm willing to buy at any price before shorts cover because it's going to go up now. Of course, the risk of that is that if retail decides to abandon them before the short squeeze even really happens, then obviously they're going to get screwed. But a lot of people are taking that calculated bet because of the momentum. And then you have apes and long term holders who are thinking, you know what? I've held through so much movement back and forth and I ain't given up now.

And it's also true that you have some of that short-term quick money that's going in and buying and trying to make a quick buck off the momentum as well, which is also helping prop this up. But I suspect that what we are seeing right now and especially what we saw today is a lot of short sellers shuffling aka maybe a fund has a automated risk management protocol algorithm that automatically closes short sellers positions at certain loss points and then once the stock goes up even more, they can then go and take a new short position on the stock. For example, let's say that you're a hedge fund and you went and you shorted Amc at 40. Well, big mistake.

Amc then went to 70. But let's say that hey, you're at a paper loss of 30 bucks per share. but you still think that Amc is definitely gonna go back down to 20.. Well, if you're hedge fund, hey, why not just go ahead and open a new short position at 70 and close the old one? You've now lowered your risk, change the cost to borrow, and put yourself in a better position to make money when the stock goes back down than you were when you were just at 40, Because now you're at 70 so there's more to fall.

Sure, you locked in some temporary losses, but that could definitely be offset if you go even heavier on the 70.. you're borrowing more shares at 70 than you did at 40 because hey, there's more downside and you're more true in your position, You believe in it even more now and at the same time, while you're doing this, this creates this temporary gas for a fake squeeze upwards because these funds are buying tons of shares to cover temporarily some of their short positions, and then when they go ahead and short sell Amc again at higher levels, it just disappears and fades away into the buying pressure because so many people are buying. so you're getting in and out quietly and you're setting yourself up to win Huge if Amc gets beat down again. Now, it's also true that halts are your advantage.

As a hedge fund, hedge funds have a lot of tools that they can use to illegally, or at least in a gray area, execute in and out. For example, if you look at the halts that happen with Amc today, volatility holds when something's moving so quickly. Sec has algorithmic cults, but hedge funds oftentimes have the ability to illegally manipulate their sell orders to dump during periods of time when retail can't and then all of a sudden when the halt ends well, that can get represented in the halt. And that's why so many times after a halt, you see just an extreme sell-off.

Most people expect that after a halt of a strong uptrend, you're gonna get a sell-off afterwards. So hedge funds know. Hey, okay, well let's just add a lot to that. We're going to get out of our positions here because no one's going to see that coming.

And so if you're a hedge fund trying to short sell stocks at a higher price all of a sudden, hey, we just have a halt. Go ahead and illegally dump shares during the halt and then it'll all be represented at once and you'll be in the green immediately. And you're going to be accelerating the downtrend and nobody will ever notice because they're like, hey, wait, it just got halted. Obviously, it's going to go down.

of course. When that happened today, it was a little bit too successful midday, and it went down so quickly that it got another hold on the downside and then it reversed back to the upside. But generally speaking, dumping shares illegally during halts is a great way to seal in profits. Now, I'm not saying that happened, and we don't have any data that suggests that that's the fact of what happened.

But you'll find a lot of times short sellers know exactly when to increase their short positions so that they are immediately in the green and they can accelerate a trend change. Now, in this case, there's just so much buying pressure on Amc that they just keep getting screwed every time they try to increase their short sales. Hey, they're still using this opportunity to get higher, higher and higher higher levels. That way they have less risk and That way they have more upside.

Short sellers still believe that they're going to get this back down to 20, 10, or 5 bucks. So if you're a short seller, if it's at 70 or 80, you're like, okay, hey, let's go ahead and add more short positions. Let's go ahead and manipulate this a little bit. Let's get some more moolah.

If your price target is really low on a stock and the stock keeps going higher, well, your conviction gets higher. It's like the opposite of what happens when you're trying to buy a stock. If you think the stock's worth 100 bucks and it goes to two bucks, you're like, okay, I want to buy a lot of this. You know, if Apple goes down to two bucks tomorrow for no reason, how many shares are you gonna buy, you're gonna buy a ton.

And for whatever reason. Hey, they haven't been too scared of the retail traders despite all the losses on paper they've had over the last couple of weeks. Probably because they've won their fights everywhere else. So they're like, okay, well, worst case scenario, we take one l In this area, This can get really, really bad for them if retail keeps showing up and they don't really comprehend that.

They're like, no way is retail going to show up and the proof is in the pudding. If they thought that retail was going to keep showing up, hey, they would have covered their positions a long time ago. They think no way is retail going to keep holding. Obviously, retail is going to start selling against their own.

Obviously, retail's going to start crushing the stock. Obviously, people are going to be locking in profits and we're going to be making tons of money. They think no way are their tactics not going to win on this stock, and eventually they may be proven right. But the question is, how much of a fight is it going to be? How much more can retail keep this line up? Right now, everyone is looking at this uptrend and saying, at what point is this going to go down dramatically? If you're a short seller, you think really soon.

If you're somebody in the Amca community, you're like apes. Never sell a strong ape, Carry on and both sides are very strong in their convictions. But keep in mind the edge here is for the people buying the stock, not for the people short selling because people can theoretically buy something and hold it forever. Hedge funds they have to cover eventually.

So again, ticking time bomb every day this goes by, even if Amc never goes up another percent. This is a problem for short sellers, and keep in mind that Amc's rally is still really nothing on a percentage basis in comparison to Gme's big one. Gme's big rally was largely stopped by again, brokerage platforms crashing at the convenient moments and refusing to execute orders. Well, they didn't refuse to execute all orders, they just refused to execute buy orders.

They only took sell orders. And we were talking last Thursday about how Gme's rally was a 2500 increase in two weeks, and within the last whole month, Amc is up much less 558 percent. And considering that most retail traders have learned what to expect with these massive sell-offs because they lived through them With Amc and Gme in the past, it seems like a lot of the apes that are buying Amc. Well, they're more resilient than ever, they're more motivated than ever, and they know how to play this game better than ever.

It almost seems like if you're looking at these numbers, they're sort of like this lack of caring of what happens. They're just like I'm gonna buy this and I'm gonna hold this. No matter what happens, I'm gonna hold this to the grave. It really goes to show you how when you get a lot of money together for one purpose, it can really screw with the market.

Of course, it's just usually that that money comes from a hedge fund or something. This time it's coming from retail. I think that one of the biggest threats to Amc in this Amc rally is the divide and conquer mentality that we're seeing pushed everywhere. People, especially media types are now pushing this idea that, hey, you know what, Amc, it's overvalued, Which obviously it's overvalued.

The fundamentals say it's overvalued. Don't go and buy Amc. You missed it. It's too late.

Buy these other short squeezed stocks. Go ahead and divide your capital, sell your Amc shares, and go buy all these other random short squeeze stocks that nobody cares about. Take all the money out of Amc. This, this is over the best is behind us.

Go ahead and buy like 50 other short selling stocks and a lot of retail traders are like, oh, that makes sense. You know, I don't want to buy Mc, it's already done. But it's ironic because the short squeeze, the whole event that this movement was trying to cause hasn't even really happened. And if retail just focused on holding Amc, not even buying anymore, but just holding Amc, it would be so much more powerful for people to just wait in Amc than it would be to just go ahead and chase.

You know, some of these other short squeeze stocks. And again, I've never suggested that anybody should buy this other than just to kind of stick it if you want to be part of the movement or if you want to take a high risk, high potential reward type of play. But I also wouldn't recommend putting a lot of money in this if you can't afford to lose it, because again, we have no idea where this can go. The math says that if retail keeps showing up, it's going to go.

a lot higher. But how do we know if retail's going to keep showing up? How do we know that people aren't just going to in mass, all decide to sell out at the same time? We don't. And I got to be honest with you. I think that if you're looking at the sentiment, it seems like retail's gonna keep showing up, but that could change on a diamond.

We see that happens sometimes with other stock. There's no doubt in my mind, this is the most unprecedented time where retail traders got together and pushed the stock up. I mean, Gme was higher on a percentage basis, but I think that if you look at the conviction here, this is much stronger than Gme and it has the potential to run much higher than Gme did in terms of percentage. One of the things that I think that a lot of people don't want to hear, or at least they don't see coming, is that it's more likely than not that we're gonna have to be super super patient for this to actually squeeze like we wanted to.

The truth is that at the end of the day, this is really a war of attrition and the people that are going to win this are the ones are going to keep their conviction the longest. And we already know that in terms of a time scale, hedge funds have a lot more to lose by running the clock than retail traders. do you know? So even if this momentum stops, the telling sign of whether this is actually going to keep going up or whether this is going to go down is going to be based on whether retail is patient. is retail going to say, you know what? I did a very, very good job.

I'm going to go ahead and lock in my profits. You know, up 500 or whatever, you're up right? And maybe they start locking in profits and then that totally screws the whole movement over. And honestly, I know Abe, Strong and Ape carry on and Ape never give up or whatever they say, but you have to make sure that you understand what you're getting yourself into. Just a month ago when we started speculating on the Amc squeeze it was at 10 bucks at the time I said hey, I didn't like the company, but it set up nicely for a squeeze.

I saw some opportunity there and we talked about that a month ago, but I didn't know where it was gonna go. I totally totally undershot this one. My analysis was pretty much all wrong except for the short squeeze part. It took me another two weeks to actually understand how big of an opportunity this was.

What was I missing? I was missing the fact that so many retail traders were just so passionate about this movement and so many people were going to be on the sidelines ready to pour in when this started going. and really, the effects of this whole movement have just been totally mind-blowing to me. But at the end of the day, let's be pragmatic: Amc is not going to go up forever and not everybody's going to make money on Amc. In fact, probably a lot of people are going to lose money on Amc.

Not just the hedge funds that are short-selling but the lessons from this and all the new retail traders that got interested in the stock market because of this will live on. Hopefully, regardless of what happens with Amc, this has a massively positive impact on the entire retail community and inspires future generations of traders to get into the market and be calm and be still and be responsible for themselves. but also to not take Bs. anyways.

folks that caps off the video. If you have any questions, feel free to reach out to us below. Let me know what you think about Amc down below as well. Make sure to add me on Twitter at Zip Charlie.

If you'd like to learn how to trade, I'll put a link to Zip Trader you below. Battlefield 75 will get you 75 off. You can go and look on the website to see a breakdown of what we offer in the course. We also have Weeble.

If you'd like to get some free stocks, I'll put a link to them below as well. Anyways, have a great day and I'll see you in the next video.