The Truth about the AMC Short Squeeze

no in this video we are going to talk

about the amc

squeeze and is the squeeze squoze i'm

going to give a full details on this but

i'm going to start

by talking about a gme because it is

very important that you

look at previous companies and trades

especially momentum related trades

to get an understanding of how short

squeezes can work

so first we are all extremely extremely

familiar

with the gamestop short squeeze in fact

we may have met during the

gamestop short squeeze if we did leave a

comment down below but folks

take a look at this we went from a

massive short interest of around 150

to a massive squeeze on gme on my

birthday january 28th

we covered this live all day long until

the suits stopped us from being able to

buy preventing further gamma squeezing

of the stock

this could have gone to a thousand

dollars but it didn't

because the suits stopped it from

happening which is very frustrating but

what i want you to understand

is the pattern look at this in fact i'm

going to go out to the year chart here

i'm going to hide myself for a moment

take a look at the pattern high high

short interest data

now take this with a grain of salt okay

this is s3 partners

that is the black app we understand that

these are just

estimates okay so take this with a grain

of salt but we do believe that gamestop

was over 137 percent short

that is generally accepted going into

january on january 28th we had this

massive

squeeze that was round one of the

squeeze

we sort of bled short interest for a few

weeks after

leading into the last week of february

and then guess what we had

we had an inflection point look at that

right here around feb 23

24 25 we had an inflection point and we

had a

second squeeze this is very important i

want you to think of this

like literally people going shopping for

lemons when life gives you lemons you

put them in your shopping cart and you

wait for the squeeze

you put them in shopping cart and

picture it kind of like a bunch of

people reaching down the shopping cart

and go

game stop squeeze okay got some juice

out of that one it doesn't mean it's dry

in fact sometimes lemons get even more

juicy over time

as the suits reload their shorts and you

can pick it up again and you go ah

you've reloaded thank you very much

squeeze again okay

squeezes there's not one squeeze squeeze

is not a

singular and this is very important

because we always want to be very clear

when we're talking

and when we're listening and

understanding what we believe is

happening in the market

we should be very clear with what we're

what we're saying

and and we should then reiterate what we

believe we heard

to confirm that what we heard is correct

and so when there are rumors going

around suggesting kevin start to squeeze

the squaws

it's very important do you realize that

is not what i said regarding amc

and again we're going to continue this

discussion by using gme as an example

so look at the look at the chart here

look at the chart

first big squeeze january 28th massive

inflection point in the short interest

data to the downside

what did i say march 20 march like

literally february 23rd

24th 25th you just saw it on the chart

look at the look at the pricing move up

this is your second squeeze

i kid you not this is how this works it

is like a lemon that you squeeze

over and over and over again period of

consolidation

lemon gets juicy again what happens

another squeeze i kid you not there is

no singular squeeze

why do we know this looks pretty flat

over looks pretty flat over here in this

corner right it looks pretty flat right

go to the last 60 days look at the chart

boom see that decline

inflection point squeeze these

are individual squeezes of the lemon

that does not mean the lemon is dry

that does not mean the game is over that

does not mean the lemon can't get

juicy and refilled again so we need to

talk about

amc now that we understand this this

right here

on this chart is an example

of a squeeze it is not necessarily

the only squeeze i don't believe that

there is a the

squeeze this is just an example

of a squeeze and so when we see

short interest data go from 23 or 24

down to where we sit now around we

actually sat all the way down 11

at one point and uh this has been then

revised up

then we know well wait a minute maybe

maybe that means we have

uh we have more squeezes in the pipeline

in fact let's look at some of the recent

data

but first i want you to see this take a

look at uh

amc right here amc also had a run

around january 28th right here look at

this

january 25 right around the peak here

to peak and then we fall and squeeze by

the 28th and down into early february

it's the same thing it's the same

pattern

you can have multiple squeezes in fact

go out here

let's go to we'll stick on the day chart

but let's go to

amc go to the beginning of the year

all right it's certainly not as

prominent as what we've seen here

but when we zoom in over here and you

kind of forget for a moment that we're

at 60 bucks

uh for amc right now if you're in in the

low 50 we're at 54

right now but you know what i mean take

a look at this going from

three dollars four dollars to dollars

and 36 cents

at the same time we have an inflection

point

down in short interest data is a form of

a squeeze but then amc got juicy again

the lemon filled up and we got another

squeeze now that does not mean that

we're done

if anything that means we have the

potential

of suits reloading their their lemons

again because they do that they're suits

okay

they like here's the thing you gotta

think human psychology okay

people don't wanna be wrong nobody wants

to be wrong i

don't give a crap about being wrong i

admit i'm wrong all the freaking time it

doesn't matter

it doesn't freaking matter to me because

when i admit i'm wrong

i learn and i adapt unlike

uh unlike here let's go here let's look

at this financial times

uh here it is actually i have it saved

right here boom unlike these folks

boom right here hedge fund that bet

against gamestop shuts down

that's right they failed to admit they

were wrong they

failed to adjust and now they're closing

their doors because they suck

and if you want to get in touch they

have a website

that'll let you uh scroll down over here

and you can reach out to them to let

them know how you feel

see look you want info on being investor

you want a career

probably don't want a career especially

since they're closing down

but the point is this is their website

uh white square capital

anyway leave them alone uh so the point

is

suits don't like being wrong uh they

they would rather close down their fund

and re-brand and come back as a new

villain in the future because you know

that's all they're going to do

the suits have the potential to continue

to reload

their shorts and guess folks what is

happening

look at the share utilization here we're

seeing

more shares being utilized we are seeing

the short

interest start ticking up look at this

last week we were sitting around 11

previous reading here was 13.17

now it's 13.99 so short interest is

going

up again we are seeing utilization go

up again we are seeing a similar thing i

believe here on the black app estimate

let me go into the last 60 days here and

hide myself

so it's slight but you do see that

slight increase here

in short interest 1334 based on black

cap

it's very it's a very good idea to use

multiple sources of data

or texts s3 partners use other sources

of data as well

especially if they do daily estimates

okay this is one thing that drives me

nuts

is sometimes people go like oh you know

my friend went in the bloomberg terminal

and they saw the short interest

was x and i'm like dude you can't look

at stuff that's two weeks old

you gotta use the day-to-day estimates

okay

so knowing what date a short interest

reading is from very very important

you start googling short interest and

you get old readings it could totally

skew your

your investment thesis for company now

when there are rumors suggesting oh my

gosh that's great that's gross

i hope you now understand that i'm not

saying the squeeze is close

i'm saying lemons get squeezed multiple

times

going from 24 to 11 is a form of a

squeeze

when at the same time the price goes

from 15

to over 70. okay that is a form of a

squeeze

that does not mean there's not going to

be another one and right now it looks to

me like

the suits are gearing up for some more

shorting which is creating this downward

pressure right now on amc i think that's

why the share price is also down two and

a half percent

and i think they're just reloading now i

will say

there is a slight additional problem

that we have

and that is called a reduction of volume

we

need volume in a momentum stock to guess

what

have momentum right now we have a

reduction in volume

this is not necessarily bad as

long as it leads to some kind of

potential breakout catalyst

which can happen you could very easily

get an uptick in short interest data

even more than what we're seeing now

leading to a new and renewed interest in

in people investing in amc

you see volume double or triple boom

this thing skyrockets right back to 70

or 80 dollars

i watch amc by the minute because it's

very important that i keep an eye on my

charts and my trades

now this right here when you have volume

declining can sometimes be a symptom of

a consolidation trend

we're not really seeing pricing break

below our 51

support level which is good this is a

very strong support level

i teach my support levels my trading

style in my stocks in psychology of

money program we talk about this kind of

stuff in my stocks in psychology money

programs

we talk about the lemon lemons getting

squeezed in my private livestreams

we talk about how there are multiple

squeezes

our world is not singular we are in

a plurality or as some like to say

a simulation okay so it's very very

important to know that there's much much

more

nuance that comes to investing you want

to see how nuanced investing can get

here's just a very very simple example

and it's very important lesson for you

to listen in on okay

so i made this video about how crypto

mining can be very very good for using

energy that wouldn't otherwise get used

especially if you're using hydro in an

area you're not otherwise using

hydroelectric

dams here i get a comment hydroelectric

dams slow the flow of water running

through the turbines

also energy storage systems can store

solar and wind energy when there is a

surplus of energy

there is no lost energy opportunity

crypto energy

uh usage simply siphons energy from the

grid

period so this is this particular

person's argument and then this person

over here says that by the way

electricity can easily be transmitted

over large distances

so here's the thing maybe it's because

i'm running for governor in california

but nuance freaking matters i'm tired of

just broad statements without nuance

so my reply this is actually much more

complicated than appears first

utility scale batteries are nowhere near

cost a parity

solar and wind themselves are at cost

parity with natural gas which means

using solar and wind is

good but once you include utility scale

batteries we're nowhere even close to

that yet therefore

storing solar and wind energy when there

is a surplus is therefore not as easy as

you described

not yet at least this is the ambition

though obviously also to the other

comment

who mentioned that transmission lines

are easy not quite easier

either transmission lines come with

their own environmental challenges as

well as lawsuits from folks who do not

want

transmission lines running through their

neighborhoods or whatever their counties

or regions or whatever

they're also expensive to build

additionally slowing water flow for

hydro in an area that doesn't otherwise

rely on the water does not necessarily

make a difference

so all of a sudden when when folks are

are

very very narrowly focused on all

one thing you kind of forget that

life and investing is a whole lot

more complicated than a binary on and

off switch

keep that in mind if you want to learn

more about not being binary

check out my amazing programs link down

below use the 40

off coupon code i'd love to see you

there thanks for watching

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you