$AMC Entertainment(AMC)$If you keep a close eye on AMC in Ortex, they are showing millions of shorts covering and millions of new shorts entering the market. This is likely a HF tactic... If you cover a short at price $X and immediately short it at the same price $X, the effect is net neutral on the stock... even though it cost the HF a bunch of money to cover from their previous underwater short. BUT... to you the average investor, it looks like nothing is happening and they want you to sell, thinking nothing is happening.Another note to this.Debt is different than how much underwater you are in a position. Margin calls are about how much underwater in a position you are, not how much total debt you have incurred. This is transitioning your loss
$AMC Entertainment(AMC)$My 2 cents.AMC has been in a consolidation period since last Tuesdays big run up. As the symmetrical triangle comes to a close the price will break out up or potentially down. Tomorrow looks like it will be a down day until we bounce off the support level. IF we get a good bounce off the support we could break out up to the next level. A break out is typically the length of the flag pole, which should take the price up to around 88-90 dollar range. This is what big money will be waiting to see before they buy in. So we need to see LOTS of buying power when the price meets that level of support for the bounce. On the flip side hedgies can also see these same patterns and will try their hardest to break through the support l
$Tesla Motors(TSLA)$Some things to keep In mind with the Karpathy news…1. Hes been gone for almost 5 months. Betas progress has been huge in that time. No point in arguing this. 2. He’s not an AI messiah. He’s incredibly talented but FSD Beta is not solely on karpathys shoulders. It’s had an amazing team working together on this, with Karpathy as a great team lead. 3. Laying off a big chunk of the FSD team and closing the San Mateo office is not a negative. The entire goal of Teslas AI is to not need human input. That’s true in our cars, and behind the scenes. They don’t need labelers anymore. They need the neural net processing things 24/7/365 to improve. They achieved a level of processing where that many staff aren’t needed. All they
$Palantir Technologies Inc.(PLTR)$its took Palantir almost 18 years in the making. The stock itself is like 6 months old and it still up 100%. If you could set aside money away for the next 10 years. Palantir will be the one. Also Paypal didnt pop until 5 years later. Tesla didnt pop until 2020. Everything take time and patience. Today marked 9 weeks of me holding this PLTR bag ? still 900 weeks left.
$Tesla Motors(TSLA)$TSLA Shareholder Meeting Notes - 2M run rate by end of the year - looking to end year with 1.5M- Tesla recently made its 3millionth car - “Solving autonomy will really be an amplification of free cash flow” Elon - A lot of improvements to the architecture of FSD - “Highest operating margin in the whole industry” Elon- Model Y to be highest selling vehicle by revenue this year and highest selling by volume next year - Tesla to announce another factory location later this year. Canada?- Ultimately end up building 10-12 Giga-factories with output of 1.5-2M units- Fremont factory highest output in North America - All energy produced over last 10 years by Tesla solar panels was “More energy than wa
Being Grateful Most of us are too occupied and busy with our daily activities and our lives that we forget to be grateful for what we already acquire. Being grateful for being able to wake up everyday and have access to basic necessaries such as food and water, akin the situation in Ukraine. Being grateful to something or someone is a feeling of appreciation or gratitude and an acknowledgement of the kindness shown to us by others or the positive aspects of our lives. @Billie Lo @koolgal @SSally
$Tesla Motors(TSLA)$Worried about your TSLA shares? Building conviction and knowing why you invested in the first place is better than asking “why is the stock down”. One of the greatest minds on the planet owns 175 Million of these Shares. Do you see him panicking? Infact at the shareholder meeting he seemed very optimistic about the direction of the company. Trust the process. Have a good weekend everyone ✌️