Welcome back to the channel everyone today, i want to talk about amc's recent liftoff over the last week, and i also want to talk about how even adam aaron and ryan cohen are confident that the squeeze is just around the corner. So stay tuned and let's make some money, and now i want to dive straight in with the key information. So i want to start by covering the trading action from last week and exactly what caused amc to run so nick tweeted about how amc closed 244 pennies. Above max payne last week for weeks and months now, the hedges have consistently pushed amc under max payne every single friday, but this friday not only did we beat max payne by one singular cent.

We beat it by over two dollars and 24 cents, and he also said i hope everyone in amc understands the significance of a weekly, close above twenty dollars per share. Over the last five years, amc has only fallen below twenty dollars and then closed above twenty dollars. Soon, after once, in the last five years back in june, so since falling below 20 back in january, amc has not closed the week above 20 until now, and obviously the last time amc closed a week above 20 was here back in june before the june run. Up so for last week that max payne region was around 18 per share, but due to the insane number of 21 call options that were purchased amc closed well above that 18 dollar region.

You can see here that we had quite a nice ramp up from the 20 strikes, the 20 and 50 cent strikes and the 21 strikes for those call options. Hopefully, next week we can continue this momentum and continue building that gamma ramp up towards 25 and significantly higher. Now you may remember from one of my videos a few days ago, i spoke about how the amc obv, which is the unbalanced volume, had just broken past. The previous highs, obviously, these highs in the obv are on balance.

Volume were set back in june, and amc's obv had stayed fairly consistent since then, until recently, breaking out and pinoy 8 believes. This is a sign of exactly what's to come for amc's price. If we look here at the starbucks chart, the starbucks obv had a breakout in july. Now, obviously, this breakout in the obv happened in the first half of july.

If we look at the price action back in july, the price did not break out until later. In july, closer to august and therefore pinoy believes that the obv breaks out first and that will then soon be followed by a breakout in price and obviously, if i zoom into this part here, the chart somewhat resembles amc with the run-up. Obviously, in june, over 70 dollars per share before falling down pulling back above 50 and then falling down significantly below 15 per share. We've now obviously had this small run up to 20, this slight cool off, which is expected to be followed by a further run up and a breakout in the amc price going practically vertical and amc ape says.

The moass must be close. These dudes, adam aaron and ryan cohen, have been some straight savages on twitter recently now guys many of you may not have a lot of confidence in the stock market at the moment. There's all of this market manipulation and market fraud. That seems to be going entirely unpunished, and that's why i personally have been investing in cryptocurrency, especially during this big dip, where the price of bitcoin has actually recently started.

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He said a good use of taxpayers. Money is for the government to start cracking down on those hedge fund, short sellers, and then he started to pick a fight with the large consulting firms like bcg, saying the overpriced consultants of bcg are picking a fight with the wrong company, the only ones more useless Than overpriced consultants are those who hired them and then obviously some poop, emojis and actually added bcg as well. Now, obviously, on the flip side, adam aaron started by telling the short sellers to eat crow, which is to be humiliated and shamed. After being shown to be wrong or to be forced to admit one's error and be publicly shamed, as a result, he then obviously tweeted expecting amc and hymc to have some calm seas and some smooth sailing ahead.

I think what adam aaron wants to say is that amc as a company and amc share price will have some smooth sailing ahead and will continue to grow from here on out. But obviously he replied to norcal's tweet and said you know. As the sitting ceo of a new york stock exchange listed company, i could never say publicly. What's in norcal's tweet, not in a million years but hey, i can't stop you from saying it.

What i can say to those who doubted amc's investment in hymc is hashtag choke on that and again. I think this just really goes to show how tight adam aaron's lips are really squeezed by those in charge and those regulating the industry. Adam aaron can't reveal the true number of synthetic shares which he also doesn't know, because obviously ken griffin doesn't tell him how many synthetics there actually are, but he can't really say much about the amc stock or tell us how to squeeze the shorts, because it goes Against those regulations and adam aaron also just tweeted about issuing a new gold related nft, he said it's oscar time, i'm in los angeles here to root for the best actors, nominee nicole kidman, and he said i'm also thinking about the 195 million dollars raised for highcroft Mining in only two weeks, i'm thinking amc should issue a there's gold in them. Nara hills, nft for amc, investor, connect members, your thoughts.

You then left us a poll to choose from whether we don't want that nft. Whether we do want an nft that we have to pay for or whether we want a free nft, that's distributed freely to amc investor connect members. Now again, as i've been saying for some time, i believe this is adam aaron setting up some genuine business reasons to issue various different types of nfts, and i believe that adam aaron's end goal is to issue a gold backed nft for free to every single shareholder. On a ratio of one nft for every one, an issue now, obviously adam aaron can't jump straight to this end goal because you have to take in stepping stones.

You have to take baby steps and not run before you can walk. Obviously this is a bit of a regulatory minefield, especially for adam aaron, the ceo of one of the largest and most well-known meme stocks. There is right now, therefore, he has to tread very very carefully to make sure that basically he doesn't end up in jail. So now adam aaron is issuing a gold related nft and i believe the next one could potentially be a gold backed nft.

After and again he's now distributing this nft for free to investor connect members. Maybe his next one on the list is to distribute a free nft to shareholders, and i think the funniest thing about all of this is the fact that retail was only going for a short squeeze in amc and gamestop and inadvertently found evidence of market-wide fraud. As this post on reddit says, if the short hedge funds and market makers would have just let amc and gamestop squeeze, they would have continued to get away with all of the market. Fraud they've been committing and they would have been able to continue their scheme since they didn't let amc in gamestop.

Squeeze people got annoyed, they did their research, they did their due diligence, they helped spread information to others to help build upon further due diligence and research, and we've uncovered evidence indicating market-wide fraud, collusion and racketeering. When you come to think of it, if the hedges, just let amc in gamestop squeeze back in january of 2021 or again in june of 2021, we never really would have found any of this market-wide fraud and all of the illegal crimes that have been committed. But now not only have we found out about all of these illegal market, manipulating tactics, but we're also exposing them to the world as well, and i also wanted to give a bit of an update on the nickel trading on the lme platform. If you didn't already know, the trading in nickel was suspended on the lme a few weeks ago, due to a massive short squeeze.

So if you didn't already know due to the massive amount of sanctions currently placed on russia, there was a huge amount of nickel effectively removed from the market, as this nickel was not able to be traded as it was held and produced by russia. Now, obviously, this caused a massive increase in the price of nickel, because, if you didn't already know, russia is the second largest nickel producer in the entire world, and some russian companies are also responsible for manufacturing and exporting massive massive amounts of nickel. Two. Now the price of nickels squeezed up to a hundred thousand dollars per tonne, but shinguanda, who is short, 150 thousand tons of nickel, refused to be closed out from his short position.

Now jinguanda then signed some agreements with his banks, like jp morgan, chase, effectively agreeing not to increase his margins and not to close him out of his short position. He said that he will progressively close his short position as the price of nickel returns to a normal, regulated trade price, as he does not want to be liquidated. He wants to make a profit on his short trade. Now the lme has been trying to reopen the trading of nickel effectively for the last few weeks, but has been consistently cancelling trades.

As of the 16th of march, the lme had cancelled over 3.5 billion dollars of trades, but believe it or not. This is still continuing to this very day. Unusual ware was tweeted on the 24th of march saying it's happening again. The lme is prohibiting orders outside of the daily price limits.

They are actively trying to prevent a squeeze after restricting trades and if you try and trade outside of those limits or you try and push the price of nickel above or below those limits, then, for the third day in a row, the lme cancels the trading session. After the session has already been completed, billions of dollars were traded freely and fairly between two willing parties, but we're going to pretend that it did not happen and the lme is going to cancel all of those trades breaking market news. Tweeted saying the lme says second ring session on march 24th and nickel will be deemed a disrupted session and all agreed trades during this session will be null and void. So the lme is still continuing to cancel all of those nickel trades and effectively unwind everything happening in the market.

This just goes to show that, right now the market is not free and not fair, and we as a collective need to fix it guys be sure to. Let me know down in the comments below what you think about the recent amc price takeoff and what you think is going to happen over the next week and as always guys, if you enjoyed this video, be sure to check out some of my others. Alternatively, subscribe to channel and ding the notification bell, because that way, you'll be alerted when i upload a new video cheers.