These are Charlie's opinions, not investment/financial advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material. Do your own due diligence and/or consult a registered financial advisor before taking any positions.
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#amc #amcapes
Popular Resources:
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D.🕵🏻Free Trading Tutorials ➤ https://bit.ly/2HCn3hT
E. 💬 Charlie Twitter ➤ http://twitter.com/zipcharlie
📌New to the stock market and trading? We break everything down in a short sweet and simplified way.
DISCLAIMER: All of ZipTrader, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe.
#amc #amcapes
Okay folks, so very violent day. There's a lot of detonation all around. We've had growth stocks continue to take more ground as tech basically detonates and catches up with the rest of the bull market. Tech heavy Nasdaq continues to outperform the other indices, and Arc continues to outperform the Nasdaq.
It's almost like maybe the media was wrong when they told you to sell out of Tech at Lowe's last month and buy recovery plays in the Dow. Wouldn't have done terrible with the Dow recovery plays, but still, it's almost like buying things that are actually discounted. Make more sense than buying things at all-time highs, but what do I know? But anyways, today, we're going to be doing something a little bit more violent than usual like we were talking about in Sunday's video. There are a lot of growth plays that are up 50 to 100 over the last month alone, and whether or not this rotation back into growth continues, I want to take some time to violently talk about some of the stocks that I see is worth snapping up and some others that I would let go of.
We'll also, of course be ending the video with the daily update on Amc as well. It's getting real tense and the momentum is growling. rarr Are we sure this is an eight movement because it's starting to sound like a beautiful lioness about to eat a hedgehog. We all know that hedgehogs are some of the most shady and manipulative animals in nature.
and before we get into this video, the only thing I ask of you in return is that you hit that ravishing like button. And also don't forget to subscribe either. Okay, let's go ahead and start with Crowdstrike. Crowdstrike is our cyber security play.
They reported earlier this month a 70 increase in revenue year over year of which subscription revenue was up 73 percent, and since their business model is built around recurring subscription revenue, the key focus should be on subscription numbers and their growth. There, they've managed to grow to 11 420 subscription customers as of April 30th, 2021 representing 82 percent growth year over year. Crowdstrike was a cyber security play that we reiterated during the massive flood market around Tech Place and our original price target in Ziptrader U was 240. and today it hit that.
So congratulations to folks who believed in this play, did the due diligence themselves in this play as well, and today finally hit the price Target. Now of course everybody is the captain of their own seas and everybody has their own damn way of looking at stocks. But as for me, what I told Ziptrader Eu members today and I want to share with you as well that now that we've hit our long-awaited price target at 240, my take is that you should consider locking in some profits or at least setting a trillion stop loss to protect the gains. We know that every single high conviction stock of ours is going to have periods of massive sell-offs and massive uptrends, and that means there's always going to be a new catalyst to push it back down. and there's always going to be a new catalyst to push it back up. Sometimes the main ingredient is just patience to get to both of those cycles and make the right decisions. and today, patients paid off for crowdstrike holders. And as for the company itself, I love crowdstrike.
I think this is a great play. I've said in the past that I think this is probably a great long-term investment too if you're trying to make it not a swing trade or not a few months trade. But as for trading it, I'm going to wait till its next earnings before we designate it at a higher price target, but it may very well earn a higher price target down the road. But as for now, I'm happy with its performance.
It did exactly what we needed it to do and we're moving on. Okay, next ex: paying or a ticker symbol Xpev. So there are three homegrown luxury Chinese Evs, Neo Xpev and Lee. Now Neo is the big mama of the Chinese Ev market.
We love Neo. We covered it just on Sunday. We had a complete breakdown if you want to watch that video and it's continued to do well this week as Eevees got rewarded. But if Neo is the mama, Ex Paying is the side.
Mistress X-pang has been another one of our plays that has recovered very, very strongly, chart-wise and despite months and months of fuddy market and people trying to employ scare tactics to spread fud about the Ev sector, we've been completely unwavering in our A A Plus price target rating for this stock. A A Plus means the highest conviction for folks who aren't following our price targets. Why were we unwavering in our price target and in our conviction rating? Well, because they built a track record of delivering on their promises and it just so happens that the market they're trying to grow in is the largest market has the most potential of any other market, and they're also trying to expand into some other markets that have a lot of potential as well. Obviously folks, we took a lot of heat for talking about a lot of these Ev companies during the growth crash because every single day I had to come on here and be like, okay Growth crashes all of our high conviction growth stocks.
Evs, they're getting punished. They're getting pummeled, stagnating, up, they're going down again, up, they're stagnating, up, they went up a little bit, and then up they're stagnating again. So obviously it doesn't make us very popular when growth stocks are stagnating, But at the end of the day, that's what it takes. That's what it takes to actually find returns in a lot of these stocks.
You have to be willing to get tested over and over again. And knowing that gives you a huge advantage because just being patient allows it to turn around if you found a good company. Anyways, in terms of the company, Xpeng has weathered the eevee chip shortage storm better than average. They also have a massive sales and service network, consisting of a total of 178 stores and 61 service centers covering 70 cities and the biggest Ev market in the world, and they reported impressive delivery numbers in the last report for May. They've also dramatically increased deliveries of vehicles in the first quarter overall of 2021, again, despite a lot of infrastructure shortages. And since X-paying is a little bit less mature than Neo in terms of its growth stage, that means it's set for a lot more exponential growth numbers moving into the upcoming quarters and especially in 2022. And with the most popular luxury Ev company right now in China, Tesla's struggling with all of these Pr issues. That's a win for X-paying That's a win for Neo.
And that's a that's a win for Lee as well. We're not going to talk about Lee in this video, but that's another one we should talk about. And outside of China, Neo is also making headwinds in terms of expanding into Europe. starting with Norway.
Similar to Neo, Expange actually did it first, though in terms of the price, now, it's up a lot already. People have doubled their money since just a month ago, But on the flip side, I personally believe that as we start seeing X paying delivery numbers and demand numbers in the late summer and early Fall, it's going to be very, very clear that X paying is dramatically undervalued. And while I'm reporting on some of the news in terms of X paying, the truth is that my conviction hasn't changed at all with this for the last six months. Basically, rain or shine, we've kept this at a price target of 70 dollars.
Don't tell Zip trader you members that I keep leaking my own intellectual property, but you get the point. But just to make a point that I think a lot of people need to hear, I have no way of reliably being able to predict macroeconomic events like a massive chip shortage or a global pandemic or even some tariffs that screwed some of our plays a couple years back. And obviously, unless you're one of our fortune tellers, you probably don't know the future either. But what you can do is put the work in to actually understand the business model, the proof of concept, the track record, and the potential to expand within that industry that it's in.
And with Evs, that's about as high conviction as it gets. Evie is one of the hardest to ignore trends there are in the growth sector, and that's why you've continued to see these pick up first. By the way, this was my projection from the beginning. Our projection was when growth comes back.
Evs were going to be the first to come back because they're the ones that have the strongest proof of concept right now. Okay, next Charge Point. So Chargepoint has been a high conviction play of ours forever. one of the leading, largest, and basically most experienced charging station provider in the United States.
and in my opinion, this one ranks far above the rest. and my price target on this one is forty dollars. and this is another one that we felt consistent because putting the work in to actually value a company and then buying it when it's irrationally undervalued is the best way to trade a lot of these high conviction plays. This wasn't very popular when it was in the 20s, but all of a sudden now everybody's starting to be excited about it again. Why is it that people have to see other people buying something in order to actually believe in something? Crowd psychology never ceases to amaze. But anyways, today it had some exciting news. A new partnership with Mercedes-benz was announced and the two parties will be working together to provide an integrated charging experience. One of the reasons that I've been such a proponent of Chargepoint is because it's just not practical for each eevee company and each traditional car manufacturer that's going Ev like Ford, Gm and the likes to have their own station.
You're not going to wake up one day in 2030 or 2040 and see. Okay, well here's a Toyota charging station. Here is a Ford charging station. Here is a Gm charging station.
Here's Volkswagen. Here's Mercedes. Here's Bmw. No, it doesn't make sense for each car company that's going electric to have their own charging station.
That's just not practical. It's only been happening in recent times because nobody is building enough charging infrastructure. So Tesla had no choice. If they wanted to sell their cars, they had to build out charging infrastructure all around the Us.
Future car companies aren't going to have to do that. It's going to be similar to the gas station situation where you have some major players with their infrastructure built and all car companies go to those players. I'm sure some companies that built the infrastructure like Tesla beforehand may still continue to maintain their own infrastructure because they like to have their whole own ecosystem. But for the most part you're gonna see third-party station providers and Chargepoint is the leader in that right now and I believe is going to continue to be the leader in that in the upcoming decades.
And we've seen a ton of companies team up with Chargepoint, but seeing Mercedes team up with them as well reaffirms that provides some more proof of concept that instead of companies going and having to build out their own infrastructure, they can just partner with some existing charging stations. Okay, now let's go ahead and switch topics. I want to talk about Amc we've seen so many media outlets try to bash Amc over the last couple of days. Forget Amc stock.
This growth stock can make you rich. Why a crash is more likely now sell Amc stock now before every other Wall Street Bets speculator does. Which this title really goes to show how uninformed these authors are. Correct me if I'm wrong. I'm not a big Wall Street bets guy, but I do go on there sometimes to see what people are talking about and kind of gauging social sentiment. And it's my view that Wall Street Bets is one of the least dedicated forums to Amc. In fact, every time I see an Amc post, somebody accuses the original poster of being a hedge fund shill trying to distract the crowd from Gme, which is the real diamond they say, and no shade to Wall Street bets or the Gme folks. But it does seem that the Amc 8 movement is largely on other communities.
But anyways, point is clearly biased and mostly uninformed news coverage. But what else is new now in terms of Amc's actual trading today? If you didn't believe my post 60 selling pressure theory that I've been talking about, this is actually another day where Amc has been met with intense selling pressure after making headwinds into the 60s. We've been talking a decent amount about how hedgehogs have every incentive in the book to make sure they stop this from going well above the 60s. And today's trading is yet another example of tons of magical selling pressure appearing out of thin air in the 60s at the same time where 80 of Amc's float is supposed to be owned by the retail trader.
But somehow, every time this gets into the 60s, all of this magical magical selling pressure just starts dumping everywhere. You don't see that pressure at 55, you don't see it at 59., you see it right when it hits 60 and the higher it goes, the more selling pressure there is. But this time around, we've seen the best attempt in weeks to stay above the 60s. It didn't get as high as it did a couple days ago, but because it did it twice indicates that there's a lot of momentum building up here, and you've continued to see short interest rising as well 4.25 percent today, according to Ortex.
And Ortex also revealed some interesting data indicating that the average age of short positions is 46 days, which means the average price is likely around 10 dollars. So you think about that and you start thinking, hey, wait a second, that's a ton of paper losses to be sitting on that's a ton of borrows out for weeks and weeks and months accruing interest. And of course, the lower your average short price is, the more likely you are to get margin cold if it goes up dramatically more so. if this is true, it really reveals the weak position that hedge funds are in right now.
It seems like hedge funds are getting desperate and trying to bet the house. we'll see how it plays out. Maybe it'll play out like it did last time for them. In the time before that, some of these people really need to lose their damn jobs so they stop losing their clients money.
It's getting to the point where hedge funds seem to be compulsive gamblers. It's like they're going to Vegas and doubling down over and over again on a bad bet. But anyways, being a broken record, keep in mind that hedge funds do have to close these positions eventually and every single day they don't They're paying margin fees, the other liability of using tons of margin because you're borrowing shares, right to short sell something you borrow in shares. The other liability of that is a margin call. You can't just take unlimited losses. Hedge funds are open to be in margin cult. Sure, some of the wealthiest and most powerful hedge funds can take a lot of paper losses over the short term, but if Amc decides to just all of a sudden go parabolic again, how many hedge funds are going to get margin called and forced to close out? Let's be real. At the same time, this wasn't supposed to happen.
Obviously, none of this was supposed to happen. But it especially after that cool off we saw like a week ago. this wasn't supposed to bounce back. The media said to sell it and forget it because everybody's gonna sell out and you're gonna be left holding the bag.
Obviously, I understand that a lot of people have different opinions on what Amc is. Some people think that it's a movement, other people think it's just people throwing money in the wind and just kind of blindly buying. And regardless of what camp you sit in, the truth is that this is unveiled. no matter what happens.
This has already unveiled all of the unfair Bs practices of hedge funds and people aren't going to forget this. And I'll continue to say what I've said before, hey, we don't know where this is going to go. This is an unprecedented opportunity, but it's also an unprecedented risk. Just my daily reminder that you have to make sure that you're responsible for yourself.
With Amc, we don't know where this is going to go. I don't know how to project with all these different variables. The only thing that is set in stone here is that hedge funds eventually have to cover. Anyways, folks that caps off the video.
If you have any questions, feel free to reach out to us below or join us on Ziptrader Circle and of course Quickplug if you'd like to learn how to trade. Would like access to our private chat and daily morning briefings where we brief on all the biggest catalysts each and every morning Well, I'll go ahead and put a link to Zip trader you below. but folks, please only join us if you're going to commit yourself to the process practicing paper trading with every single concept and then never giving up when times get tough. The program was thoughtfully created to give you a process to learn and grow, but if you don't complete the structure and dedicate yourself to doing every single lesson and doing it as and completing it as designed, then you're not going to get anywhere.
When I buy something, I make sure that I'm going to get my money's worth out of it. so I expect you to do the same. And if you'd like to take the leap and join us, I'll go ahead and put a coupon code in the description below. Battlefield 75 will get you 75 off before checkout. You just put it in the little ad coupon code spot before checkout. And if you're wondering what broker to trade these stocks and we always like to send new traders over to Weeble, I'll put a link to them below as well and sign it up and deposit in with the link below. We'll also get you some free stocks Anyways, have a great day and I'll see you in the next video.
RICH PEOPLE PLAYS THE MONEY GAME TO WIN. POOR PEOPLE PLAYS THE MONEY GAME NOT TO LOSE. THE GOAL OF THE TRULY RICH PEOPLE IS TO HAVE MASSIVE WEALTH AND THE POOR SEES A SURPLUS AS AN OPPORTUNITY FOR CONSUMPTION INSTEAD OF INVESTING IT. CHANGE YOUR MINDSET AND DO WHAT THE RICH DOES, WHICH IS INVESTING, INVESTING AND INVESTING.
I'll watch the whole thing Charlie but I'm just here for the AMC thing….
cheap money has helped hedgies short many of these plays from feb until now (AMC wasnt Alone).. so much potential in the next year with these companies ……Thanx Charlie …..and please keep talking so I can cure myself of my paper hands!
Money is an issues that everyone has for a better and luxurious life. life was hard for me until I started trading
Charlie is the real deal. Other guys are just pumping and dumping. I wish Charlie was my financial adviser.
Why no video Friday ???
can you do some DD on AMPE , and tell me if thats something worth getting into and holding?!
Thank you 🙏
AMC is the most mentioned stock on WSB and regularly is one of the main stocks given a daily discussion thread. I do agree that WSB isn’t super AMC focused, it’s become a big mess of “potential” squeezes, but there’s actually slightly more support behind AMC than GME atm. Although the main point is that its unfocused and while there’s some plays to be found, it’s not very insightful on AMC or GME
XPEV, NIO, BYD, etc… All these Chinese EV stocks have exactly the same patterns. I don't see why one of them will perform differently from another one. It's like ARKK funds, they have different name but exactly same pattern as the biggest movers are the same. You can choose any of them, you will get the same results.
Bro what's your take on BABA right now – feels like a bargain.
🦧 🦧 🦧
Alot of clickbait daily….amc blows TODAYY! ……………….
………
..AITE IMA HEAD OUT N WATCH PORN
For sure Apple will have its own charging station.
Charlie how was your tea? Sir?
Where do I get the coupon code again?
Will JNUG see a good spike due to the recent drop?
Everybody get in $WISH so you can pump it and I can get out😁
Retail traders need to go straight up “You shall not pass” Gandalf style to keep hedges from driving AMC down this week. Don’t let the Balrog cross the bridge comrades…
This is the way
WHAT ARE YOUR THOUGHTS FOLKS? LET US KNOW BELOW!