AMC Short Squeeze | Suits JUST Lied TWICE!!!

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so the suits did it again

and screwed us take a look at what's

going on first of all here so

amc is doing this dance between our two

levels here

you can see uh we almost got back to our

51

level here we almost had a full

breakthrough on the 51 level

but we didn't keep it we ended up

falling beneath it

traded almost magnetically below it for

a moment this is the one minute

candlestick here and folks look what

happened after

10 11 decline right now on

amc this is uh very annoying

for a couple reasons number one remember

yesterday ortech said they substantially

underestimated the short interest data

as of may uh 28

2021 well now when you go to ortex

they don't change their estimate

retroactively they just go back

and say oh this is what the exchange

reported uh interest is

uh short interest and so when you look

at that it's like all right okay

so we see the line the spike that we

should have seen here's what i mean

take a look at this so if i grab

estimated short interest right here

you see this purple line right here as

of

may 28th was right around where were we

here we go that's june 1st there we go

may 28th

estimated short interest was 85 000 the

purple line

right above that is the blue line actual

interest coming in at 102.

so big big set of misleading data here

on ortex

uh ortex missed the boat on this one

currently showing that the estimated

short interest is 12.7 percent

but i'll tell you s3 is no better i'm

pretty pissed about s3 right now you

know why i'm pissed

because look at this this morning we saw

and we covered this in the live stream

and we also covered what happened

afterwards in the live stream but we

weren't expecting this

uh incredible shift take a look at this

so this was from the morning live stream

right here

and in this morning live stream we have

amc right here

and we saw that short interest had all

of a sudden rocketed

to 19.7

and this was a thought of wait a minute

how did

everything just get adjusted upward what

happened

why is this all adjusted up did they

change their

uh their information here as well just

like ortex changed their information

except maybe they were

changing the underlying info so my

brilliant self thought hey you know what

we're pretty close to market open let's

spend 10 grand

on a call option because it looks like

the short interest data

going up could be that potential

catalyst that we've been needing

for amc now friday monday

and tuesday i posted videos about the

technicals for amc starting to look

weaker and that was a concern for me

because i was worried that the price

would fall

and i said that as long as we got

another catalyst

we should be okay and we should be able

to see a movement to the upside

well here i am thinking oh this looks

like it could be the perfect catalyst

and then they take the catalyst away

from us

they literally click baited us it's

pretty upsetting because guess what

happened to that

s3 short interest data well about

10 minutes 20 minutes after we bought

that option

the s3 short interest data just all of a

sudden

magically changes to like 13

so yesterday it goes down to 12 and a

half percent

then all of a sudden it goes in the live

stream this morning it jumps up

to 19 and then all of a sudden

it plummets back to we're going to pull

it up here like 13 point something

percent

pull it up in just a moment but i can't

help but think to myself

you got to be freaking kidding me you

gave us a catalyst

to trade on and then you took it away

your freaking weenie babies are

literally just screwing us

and now it it's starting to feel just

like blatant manipulation

now it's just now it's just screwed up

like

seeing the data just u-turn like that in

front of your eyes

oh gosh it's just

so annoying uh now short of this

catalyst

the drop we're seeing right now in amc

was somewhat expected and this is why

we've been talking about this

consolidation coming

this softening coming and we need a new

catalyst to sustain otherwise we will go

back down to the next resistance level

that is literally what we talked about

not only yesterday but it's what we

talked about on tuesday it's what we

talked about on monday

in my amc videos this is what we've been

talking about now that doesn't mean i'm

not bullish in fact

again like i said this morning i bought

a call like right here

right as we discovered that short

interest data except then we got click

baited they took it away from us

and got screwed really annoying

really really really annoying so uh i'm

going to show you exactly

where that is in the app so that way you

could see it

but folks i have to say very frustrated

don't like it when

out from under us we get information

changed to the benefit of the suits

and i know i know i got a shirt and tie

that's because i'm running for governor

okay

run for governor california if you

already know that well

then you know that and if you don't go

to meetkevin.com and learn more

and you can go to the rally that i have

coming up in san francisco

this saturday uh and then we've got a

rally coming up in los angeles of the

weekend

after all right here's the uh s3

partners

sheet that i've been promising you so

take a look at this look at this

go over here go to float look at that

13.98 percent 13.98

that's it like literally this morning

that said 19

kid you not because you could see it

yeah it's right here this is in our

market open live stream video

right here go to five minutes and 20

seconds in it was one of the first

things we did

and we're like oh my gosh why is it at

19.7

this is great this is great news it all

got adjusted upward

nope it's the freaking weenie baby

screwing us

it's screwing us i'm pissed

that i mean that was this was like a

blatant representation

of manipulation in my opinion and i just

not happy

so um yeah

regarding options we've closed out uh

yesterday we closed out almost all of

actually i closed out all of my momentum

trade options because we saw the

technicals weakening

i did put 10k into an option this

morning on amc

and i'm pretty sure that's only worth

like like seven and a half right now

but i also feel like i got screwed on

that with with that change

like i feel like robbed it feels

i feel violated i yeah wow

very disappointed okay anyway that's the

update

we've made good attendees in the week on

the momentum trades we pulled out at the

right time

even with this like two and a half

thousand dollar loss

still up about 28 000 on the week but

i'll tell you this last one

boy that doesn't even feel right it just

feels wrong

and i'm upset anyway if you're upset as

well make sure to go to mckevin.com

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thanks so much for watching and we'll

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you