The Truth about the AMC Stock Squeeze.

quick note i'll be in san francisco for

a campaign rally tomorrow june 12th and

in los angeles on june 19th go to

meetkevin.com to rsvp it's free

also i'm going to start with technicals

on amc and then i'm going to get into

the latest regarding dark pools

1500 amc tweets and a lot of other

things going on let's go hey everyone we

kevin here we have a lot to talk about

regarding

amc a lot to unpackage a lot that has

occurred in the last uh

you know a couple days here and i really

want to provide some clarity

at least regarding my opinion on what

the heck is going on

with amc and what to expect going

forward so first let's

start with some basic technicals okay

first technical catch-up we're going to

mention

that current share utilization is at

80.48

plenty of shares available to be

borrowed this does

oftentimes reduce the need to see naked

shorting happening

which potentially leads to less of a

squeeze setup now that doesn't mean we

don't want to still hotel

i'm still huddling my shares and in this

video i'm going to show you exactly

what my share count looks like and i'm

working on picking up some new potential

call options

so i can try to maximize my gains and so

i'm

waiting for the perfect entries on those

so anyway

right now we've got a short interest

estimated at about 11.77 percent

on ortex we do have s3 partners

showing this at us a little bit larger

s3 partners has them listed at about

13.48

right now you can see the bar right here

it has a dropped substantially from it's

about

uh 24ish percent uh at the beginning or

rather

i should say the end of may now

obviously we know to be very skeptical

with this data

yesterday we saw this data go literally

for some reason up to 19

and then drop back down to 13 it was a

big disaster we get screwed by the data

and so i take all this with a grain of

salt but what i don't take with a grain

of salt is what's actually happening

in the space of price action when it

comes to amc

this to me is something that's very

important because as we know this is a

momentum trading stock

which is a way of saying that technicals

matter a lot technicals and support

lines matter dramatically

and what's interesting here is we've had

a little bit of a

we had a strong start in terms of price

action

but we had very miserable volume on the

one-minute chart we were at about 7.9

mil in volume

we've generally on the first minute been

well above 10 million i mean there were

days we were above 30 40 50 million on

the first

minute share volume and so volume was

substantially low in the first minute

covered that

live and on the channel live i mentioned

volume's looking a little low today this

is not a good start

first five minutes also didn't look too

well we go on over to

the first five minutes we had a first

five minute total of 12.4 mil

that's like a low first minute a pretty

bad first five so volume was not great

and so what's happening here is not only

are we getting this sort of

consolidation

in pricing which we've seen throughout

the day we've bobbed around uh you know

about one percent up to about four

percent up right now we're about two

percent

at the time of this recording

consolidating between two uh

two lines that we've drawn here we've

got a support line at about 4136

and we've got one at uh 5085. begs the

question if if potentially there's a new

support here but right now we are seeing

an increasing trend

within these supports so i'm paying

attention to

this trajectory right here good

trajectory we want to watch it for the

day

see if we see a dip below this below the

v web maybe there'd be an

opportunity to pick up a call if i do

pick up a call option though i'm going

to go for a longer call

probably going to go jan 2022 the reason

for that is the theta decay

on the two weeks is very dangerous i had

a i had a

theta decay problem yesterday i added to

amc yesterday

with a call option uh based on the short

interest data skyrocketing i got

bluntly screwed we talked about this

yesterday they changed the short

interest data amc

stocks started falling and the problem

with a call option that expires for

example june 18th which is a week from

today which is what i had

is the theta decay robs me of today

about three percent

per day that i'm holding this uh and

that's a big issue

that uh that hurts in options so

i'm looking for a jan 2022 that would

give me some more flexibility

because i do think we're going through

this period of consolidation which is

something that i mentioned

would be very very likely between i

mentioned this last friday i mentioned

this on monday i mentioned it on tuesday

you could go back and watch my videos i

said i believe amc is going to set up

for a period of lower volume

consolidation because of the technicals

we were seeing

and that's exactly what's happened the

last three days now i'm not a psychic

i'm just reading the technicals i'm just

reading the market this is

the kind of stuff that we talk about on

the channel and as always

you can check out the link down below

for the amazing programs where you get

40

off all my psychology of stocks and

psychology of money buying and making

money with stocks but for right now

we've got a lot more to talk about with

amc beyond just

technicals and while i am looking for a

jan 22 call option i have not made a

decision on exactly when to strike

and at uh at what pricing i'm going to

strike yet so stay tuned for that

make sure to subscribe and get more

details now let's get into

a very uh important update here now

before we get to citadel and the new

adam aaron tweets and some of the other

things going on with amc i want to show

you this because it's very important

it's very very very important to see

what happened here i posted this video

two

days ago on june 9th and i want you to

be aware of some of the commentary

regarding this

because it's something you have to be

very very very very careful of

and i'm saying this as as somebody who

loves this community

who loves this movement i am a diamond

hand man

i absolutely love the movement and i

hate the hedgies i

i just i'm so wanting to be a part of

this movement but i also

want to be very very clear when i see

something

i'm gonna tell you even if it's not the

most bullish thing ever

listen to this rather because it's all

it says here is the average stockholding

for amc is about 120 shares

which again if we do 4.1 million times

120 shares

we're still missing about 10 million

shares and folks are saying oh it must

be the naked shorts it must be you know

the fake fugazi shares or whatever

maybe that that is possible but here are

two potential alternates what if

they rounded down and see once you get

to about 122.39

shares per 4.1 million people

you end up getting right to about 501

million shares outstanding

now i'm going to pause this because i

just wanted to point this out to you

that this is something indeed we talked

about on june 9th which is very very

important

because we talked we we literally broke

down

exactly what was in the adam aaron tweet

line

by line and we compared it to the press

statement

and i made the conclusion that the most

likely scenario

is that all of the 4.1 million

shareholders the individual shareholders

included all institutions hedge funds

and

individual investors and we made the

conclusion that it was

most likely that they rounded the share

count

down to about 120 because they literally

said about 120 in the tweet

in fact i even put a quote around it

right here

when we look average stockholding is 120

shares watch me make this modification

in the video we go back to his tweet we

make the modification

in the video and i write in here

boom average stockholding is about 120.

like this is a public video from two

days ago you could see this

okay but what's very important is if you

scroll down

this is the kind of commentary you want

to be careful of so just type in filing

and here you go mitch through okay this

is very very important

hey kevin not trying to be rude you

really need to read the filing if you're

going to talk on it with your huge

audience

this is right from the filing it says

4.1 million individual investors

yes but people don't understand and this

is what i was trying to convey in the

video

that individual investors can mean

entities

and human beings like individual retail

investors

and the reason we concluded that well

you could watch the video but the reason

we concluded that difference is because

they in one sentence define individual

investors is owning 4.1 million shares

and then separately go further into

defining an individual investor as a

retail investor implying the umbrella

of individual investors which is also

something we talked about in this video

but take a look at some of the

commentary he's

a shill you're definitely right he

failed to read the whole press

and only focused on adam's words in the

document which is not true i literally

showed the press release

which is less important than the real

official information

let's get on top of this we need to know

every one of it uh

okay this this person agrees that it's

kind of confusing i thought individual

investors

to mean individuals such as retail as

well as institutional so this person

gets it and agrees

uh and then here you go he is indirectly

creating

fud i didn't own amc and gme as of now

or i don't as of now but i can tell when

someone is trying to lie

manipulate and make fud shame on you

kevin

and to his audience you got to be

kidding me really

so somebody who sold out of amc

because he says i don't own amc and gme

right now

is saying i'm creating fud i'm creating

fun

trying to teach what what i believe is

happening

and here i am hodlin 61 000

of shares and you're telling me shame on

me

folks these are the this is the kind of

commentary you gotta be extremely

careful of

extremely extremely careful look at this

he's a mole

his tune changed greatly over the last

day

i might listen to him when i need a tax

write-off like the jade here

level like 10 out of 10 jade right but i

stick with my guns

i stick with my beliefs because when i

make these conclusions

i don't pull them out of my ass i i say

these things because i believe them to

be true

and i'm not going to lie to you i'm

always gonna provide you what i believe

even if that's bad news i'm gonna i'm

gonna be the person who gives you bad

news i'm not just gonna give you good

news i'm not just your hype man

adam aaron today well actually last

night tweeted

it was a global count not just shares

held by those in the u.s and canada

the summary numbers were accurately

rounded we said that

about not exactly 4.1 million holders

each owned on average about

not precisely 120 shares the numbers

added up correctly

folks slow cop come on

come on you don't have to be a shill

to point out what's probably the real

truth

the issue is and the reason people get

so upset

about me having pointed out that they

probably just rounded which is literally

what aaron says

is what they did ceo literally says that

and literally reiterates that

the the share count of 4.1 million

includes

individuals and institutions it's

literally what we predicted

because i've been around the block i get

this stuff but the point is

people were upset with me saying that

this was probably the case

because they wanted to believe that 10

million shares were naked shorts

or or some kind of fugazi magic and they

wanted to believe

that that was going to be another

catalyst for amc going up

this is the problem i don't want to

mislead you

with fake potential catalysts what we

need at amc

is a real catalyst and

volume volume is plummeting within the

day

volume has been plummeting over the last

few days this isn't fod

it's an observation we need a real amc

catalyst

to pump the price again a real catalyst

could be

a huge doubling down of the shorts where

maybe the thing goes down to 30

but all of a sudden short interest pumps

up to 25 and we're like oh my gosh

they reloaded they're loading up for

another shorts let's go squeeze them

again

that's a real catalyst amc coming in

with

better than expected earnings or paying

off all their debt like gamestop did

or coming up with some new innovative

concept for their their theaters

those are real catalysts but let me tell

you another thing

and this is this is just bothering me

right now uh

and keep in mind if you want to learn

like my perspective how how i think like

this

ahead of time so that way we can make

decisions and and be properly prepared

do check out the stocks in psychology

and money program it's really

informative uh it's it's

going to help you a lot kind of re

re-look at how you how you think about

money

how you think about stocks uh and how

you think about

news and critical thinking so here's

another example for you okay

all right so we're going to go ahead and

jump on over to this this is a

tweet stream the emily account

now i'm going to show you this first

okay emily people are like hey

how do we know we can trust you how do

we know you work at citadel

well then post this it's true all of it

writes on a piece of paper at the emily

account

posts her mask of citadel securities

which

you know i mean i believe that

i do believe that i do believe this

person works at citadel these are some

pretty intimate pictures here

of uh well you know i mean a shirt

showing a citadel logo

and uh and a citadel mask i guess

they're not really that intimate but the

point is

they're they're they do appear to

indicate that somebody works a citadel

now

the bigger question is why somebody

would say these things okay

and this is i think where we have to be

a little bit more critical not so much

as to whether or not the person is

faking actually being there

but why somebody would say this emily

listen i'm not really supposed to be

sharing this

but here goes everyone here sits

security

is worried about the retail collusion

our volatility engines are totally

broken

and the sequencer is overflowing people

are scared for their jobs

even ken is in the office lately so my

initial reaction

is oh wow cool like that sounds awesome

for the retail movement right

but then i'm like wait a minute this is

this almost sounds

too good to be true to where

i doubt it substantially like i'm like

90 this is like somebody trying to pull

your leg

i i like this is especially since amc

has come

down and this was posted yesterday

especially since amc is down from

70 i mean it's one thing if it was still

sitting at 70 it was squeezing up to 100

but the darn thing's been coming down so

the pain has stopped so

or at least been reduced so why would

this

still be true i don't know it seemed a

little too much and then

we didn't think we would have to cover

so many shorts

we went from 20 short interest to like

13 short interest now maybe

maybe that's that's a lie right but but

i don't know

it just it just feels a little

you know too good to be playing into the

the retail

investors sort of speculations

especially and the dark pools are

becoming thinner by the minute due to

pricing mismatches

and this is like this is a crisis like

i've never seen in my three years in the

industry

uh and so in other words there's a lot

of this going on

and now when you look up this person's

account it's set to private it says the

account doesn't exist

it just seems a little too fantastic

along with

you know now there are these pictures

floating around of oh in the dark pools

the last price for amc is fifteen

hundred thirty three dollars

uh i mean i can inspect element and put

whatever price i want there

i honestly i don't i don't believe

the tweet because it's useful to quickly

mention what dark pools are dark pools

are essentially a way for

institutions to trade shares amongst

each other without going through an

exchange

it's just sort of a background

opportunity to say hey let's i'll sell

you a million shares do you want to buy

them at this price

and it's just a way to have this

transaction occur

without the price plummeting on the open

market which

is obviously bad for one person on one

side of the trade

it's generally meant for larger blocks

of shares sometimes it can be done over

time

but it generally mirrors what we see

with market pricing

to be fair to both people in the

transaction right i mean like

for the dark pool price to be fifteen

hundred dollars that

that implies that some institution is

like

oh yeah i'll pay fifteen hundred dollars

per share

why like i could just swipe up on robin

hood and get it for 42

you know what i mean uh so so to me that

i don't see that and there's enough

volume to where even if you wanted to

buy millions of shares you could do that

buy millions of shares right now sure

the price will pump

but it's not going to go to fifteen

hundred dollars if somebody came in

right now and bought five million shares

i mean you're talking about five minutes

worth worth of volume yeah it's gonna be

a jump

you're gonna have a temporary bump in

price but not to 1500 so i don't believe

that

now i also want to be very clear here

when i provide insight on this channel

and the subscribers i provide insight to

the people who subscribe to this channel

i believe

that you want the truth and you want

the news whether it's good news or bad

news that

uh you know you're you're not just here

to go

oh this doesn't sound super optimistic

chill

thud sue this set or whatever you're

here to know my perspective and my

belief on things

my belief is that the dark pool pricing

is fake

my belief is that tweet is fake my

belief

is that the naked shorting is way

overstated

especially with the share utilization we

have available now i think naked

shorting happened

uh when the squeeze that we have seen

was going on i believe that

uh but i think a lot of that dust has

settled down

and i think what amc needs right now

going forward is a big positive

catalyst to create volume again in the

meantime i

am concerned that folks are going to

continue to get distracted with other

stocks other momentum-based stocks and

we've we've sort of been seeing that in

the last few days now that's not to say

you

shouldn't invest in the other momentum

stocks because hey look if you could

swing trade the other things that make

money great

but this is exactly what happened after

gme

the momentum phase lost

momentum because we started spreading

out

the buckshot of the shotguns so to speak

started going in many different

directions

and this is what we saw two days ago

when i closed all my options with the

exception of the amc that opened and

closed

recently uh when i closed all my

momentum options and took my profits

because we saw

the technicals indicating a decline in

momentum

and so that's very important so anyway

my thoughts

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we'll see in the next

you