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Sunday, April 25, 2021
Indyglo's Current Referral Codes and Links
Below are 62 of my current signup links and codes for cashback bonuses and discounts, categorized by type, followed by alphabetized summaries. I am a customer of the listed sites/apps/services and appreciate any questions or feedback.
Auto/Travel
- Fuel Rewards - https://www.fuelrewards.com/fuelrewards/welcome.html?RefId=e9ac5597976f42e089c07adc1532ea51 - Gold Status and save 5 cents/gal when you sign up.
- Lyft - https://www.lyft.com/invite/RIDEONJJ - Varies by location ($5 in credits/first ride free/etc.)
- Miles - https://miles.app/ZD2ESE - Get $5 (2,000 Bonus Miles) when you download the app using my link or entering my code ZD2ESE.
- Uber - https://www.uber.com/invite/johnm120542ue - First ride free (may vary by location).
Banks/Finance
- Aspiration - https://my.aspiration.com/app/token/referral/AJFRATCE0M3GII6I - Get $50 cash when you join Aspiration - free bank account - and spend $250.
- Boeing Employees Credit Union (BECU) - [(U.S.) - WA, ID, OR ONLY] - We can both earn $100 when you join BECU and open a Member Share or Member Advantage savings and also a checking account.
- You must use both these codes when signing up:
- promo code: 100REF21
- my unique referral code: 1412508
- Sign up online, by phone - 206-439-5700 - or at a BECU Branch and keep acct. opened for 90 days.
- You must perform 10 of the following transactions within the first 30 days of opening acct :
- Make a purchase using your BECU debit or credit card (easy with grocery store self-checkout!)
- Write a check or electronic check.
- Make a payment using bill pay.
- You must use both these codes when signing up:
- Chase Bank - https://accounts.chase.com/raf/share/2735652016 - Get a $225 Bonus when you open a new Chase Total checking account.
- Privacy - https://privacy.com/join/H3S9S - $5 when you sign up using my referral link (Privacy lets you generate smart, virtual debit cards to use online).
- SoFi Money - https://www.sofi.com/invite/money?gcp=004af404-1a99-46b4-b486-44bce3a0ab1d - $50 plus cashback rewards when you sign up for a free account and fund it with $500 or more (no account fees and no ATM fees at 55,000 ATMs). Additional bonus if you sign up for direct deposit.
- SoFi Personal Loan - https://www.sofi.com/invite/personal-loans/?gcp=ffdeec67-6330-4093-831c-7f84dce20cf4 - You and I get $10 each when you check your SoFi Personal Loan rate, and there is NO hard credit pull for checking your rate. You and I get another $300 each when you fund your SoFi loan.
- SoFi Student Loan Refinancing - https://www.sofi.com/invite/student-loans/?gcp=6d9376c5-591a-439d-8bdb-c15da7d50852 - You and I get $10 each when you check your SoFi Student Loan Refinancing rate, and there is NO hard credit pull for checking your rate. You and I get another $300 each when you fund your student loan.
- Square - https://squareup.com/i/JOHNJJMEGO - Free processing of up to $1000 in sales.
- Venmo - https://get.venmo.com/ooGrFLhVjfb - Get $5 when you download the Venmo app using my referral link, sign up and make a $5 minimum payment to friends/family/etc. within 14 days.
- Zogo - https://zogo.app.link/OpvQLwDYodb - Earn 750 Pineapples on Zogo when you use my code: JOHNM711 when you make an account. With Zogo, you can earn gift cards while learning about various aspects of personal finance. I've personally learned quite a bit with this app, complete modules daily to learn more and have recommended this to all of my friends and family. Great for adults and kids.
Cash Back
- Befrugal - https://www.befrugal.com/rs/PKCSCTA/ - $10 sign-up bonus when you earn $10 cash back at any of 5,000+ stores.
- GivingAssistant - https://givingassistant.org/np?rid=J9dlDtoFa6 - Get $5 when you sign up.
- GoCashBack - https://www.gocashback.com/r/1834780 - Get $5 and 5% cash back bonus when you sign up.
- Honey - http://joinhoney.com/ref/x160d1v - Get $5 when you sign up using my referral link.
- Ibotta - https://ibotta.com/register?friend=ugqlqeg - Get $10 when you sign up using my referral link.
- Lemoney - https://www.lemoney.com/i/johnmego?45764498ac93d54df29b4d50664d0d2e - Receive a turbo credit to increase your cashback rate on your first purchase.
- Mr. Rebates - http://www.mrrebates.com?refid=449275 - Get a $5 sign up bonus when you use my referral link.
- MyPoints - https://www.mypoints.com?rb=49534715 - $10 gift card of your choice when you use my referral link to sign up and spend $20 or more on any shop merchant through the MyPoints site/emails in your first 30 days.
- Rakuten - https://www.rakuten.com/r/MPHO202?eeid=28187 - Get $25 when you sign up using my referral link to create an account and make $25+ purchase through Rakuten. Note: On 4/1, Rakuten lowered bonus to $10, but raised it back up to $25 bonus on 4/15.
- RebatesMe - https://www.rebatesme.com/r/mph6g471a5 - Get $30 when you sign up using my link. RebatesMe usually only offers $5, so now's a great time to sign up (through 4/30/21).
- TopCashback - https://www.topcashback.com/ref/johnmego - Get $10 when you sign up using my referral link and reach a minimum cashback threshold of $10 cashback.
Credit Cards
- American Express - http://refer.amex.us/JOHNMJN7Q?XLINK=MYCP - Sign up using my referral and earn $300 back after you spend $3,000 in purchases on your new Blue Cash Preferred Card in your first 6 months of card membership. Plus, apply by 5/5/21 and earn up to $200 back on eligible purchases at select U.S. home furnishing stores (the following merchants will qualify: Anthropologie - Home & Furniture, Bed Bath & Beyond, CB2, Crate and Barrel, Crate and Kids, The Home Depot, Lowe’s, Terrain, and The Container Store.)
- Capital One Venture - https://capital.one/33F9Sar - Sign up using my referral link and get 60,000 rewards miles (worth $600 when you redeem for travel).
- Discover IT - https://refer.discover.com/s/ssjqfl - Sign up using my referral and you'll get $50 back for signing up for a Discover IT credit card and making any $1 or more purchase within 3 months.
- SoFi Credit Card - https://www.sofi.com/invite/credit-card?gcp=70c8148e-bc31-480e-9a01-33b7ace2a1fb - Sign up using my referral and get 2x points (4% cash back) on all card purchases for 30 days.
Food/Nutrition
- Doordash - https://www.doordash.com/consumer/referred/John-Megowan-5991/ - Get $10 off each of your first 3 DoorDash orders over $15 when you sign up using my referral.
- GNC - https://refer.gnc.com/mpho2002 - Get $10 off your first $75+ order.
- Grubhub - https://www.grubhub.com/referral/094dd810-bd50-11e8-ab87-c5056adfa1b1 - Get $10 off your first order.
- Home Chef - https://www.homechef.com/invite/johnm071 - $35 off your first delivery when you use my referral link.
- Instacart - https://inst.cr/t/N2k5dTA0c1RI (or use code JMEGOWAN16F173 when signing up) - $10 off your first order when you use my referral link or code. Groceries delivered in as little as 2 hours
- NatureBox - http://ref.naturebox.com/v/john_160 - 20% off your first order.
- Postmates - https://postmates.com/invite/JMEGOWAN - Up to $100 free delivery credit.
- Uber Eats - Get $20 off your first Uber Eats order of $25 or more. Use my code at checkout: eats-johnm172134ue (https://ubereats.app.link/PmWdhjSNxdb)
Games
- Skillz - https://skillz.com/p/GYNX3/1E1 - Get $20 when you sign up and make your first deposit.
Investing
- Acorns - https://share.acorns.com/mpho2002 - Get $5 when you use my link to open an account and make an investment.
- eToro - https://etoro.tw/39w5dup Get $50 bonus when you open an account, transfer $100, make any crypto trade, and hold for one week.
- Sofi Invest - https://www.sofi.com/share/invest/2500097 - Get $50 worth of your favorite stock to start building your portfolio when you fund your SoFi Active Invest account with at least $5,000. Get an additional $25 worth of bitcoin for buying $10 worth of bitcoin on SoFi Crypto.
- Stash - https://get.stash.com/john_h88crts - Earn $20 of bonus stock when you join using my referral link and add cash to your personal investment or bank account.
Jobs
- Instacart Shopper - https://shoppers.instacart.com/?referral=JMEGOWAN7410A - Use my referral link (you may also need to copy paste my code, JMEGOWAN7410A, when signing up). Get up to $300+ bonus depending on location.
- Uber Driver - https://partners.uber.com/i/JOHNM172134UE At least $1,200 guaranteed for your first 150 trips within 90 days of signing up to become an Uber driver (may vary by location).
Shopping
- Groupon - https://www.groupon.com/visitor_referral/h/b482a215-b6bc-43c9-bfa7-851ea67ca66c - $10 off your first $10+ purchase when you sign up with my referral link and place your first order within 72 hours.
- Houzz - https://houzz.com/referral/referee-coupon/UkVGMEQwMkEx - Use my referral link to get $100 off your first purchase.
- Raise - https://geta.raise.com/JMEGOWAN6681 - Get $5 when you sign up using my referral link.
- Shutterfly - Use one of my three Shutterfly referral links to sign up and receive the gift/discount of your choice: 50% OFF Graduation Cards - https://invite-shutterfly.com/x/5PslXU . FREE Shutterfly Photo Book - https://invite-shutterfly.com/x/87oRFO . FREE Personalized Cotton Tote - https://invite-shutterfly.com/x/QXitGw
- Uniqlo - https://refer-us.uniqlo.com/s/John360 - $10 off $75+ purchase when you use my referral link.
- Volcom - http://rwrd.io/dhl47hd - $10 off $49+ purchase when you use my referral link.
- Wayfair - https://www.wayfair.com/registry/referral_invite?PROMO_CODE=1YQFCYF9E8Z7&refid=EML_38637 - Engaged couples: use my referral link to create a Wayfair Registry and you'll receive $50 (each) in Wayfair Rewards when you receive your first gift.
- Wish - Referral code 7vgzqzk - $5 off your purchase when you sign up and use my referral code.
Uncategorized
- 23andMe - https://refer.23andme.com/s/lhfeg - Minimum of 10% off your order when you use my referral link.
- Buy Me a Coffee - https://www.buymeacoffee.com/johnmego - You can set up an account and promote your ventures, connect with others, and even buy me a coffee!
- Comcast Xfinity - https://referafriend.xfinity.com/ShareTheAwesome/1RUVAR - Up to $100 when you sign up for one or more Xfinity services (TV/Internet/Home Security/Mobile)
- Dropbox - https://db.tt/pxongGTiwL - Join using my referral link and you'll receive an additional 500MB of storage.
- Duolingo Plus - https://invite.duolingo.com/BDHTZTB5CWWKSPXG5JZ4LUS4IQ - Get one week free when you use my referral link.
- Evernote Premium - https://www.evernote.com/referral/Registration.action?sig=164f7674ad363f6fbc0aeb7efbc6f3da05591e7f74884cb7621948af21623078&uid=191384629 - Free month when you use my referral link.
- Invitation.codes - https://invt.co/?invite=3dL2NnX9l - 20 coins when you sign up using my referral link (good towards premium account upgrade and benefits)
- T-Mobile - https://share.t-mobile.com/johnm-2570 - $50 referral bonus when you use my referral link. (Note: I don't know that this one has a sign-up bonus, or if it's just a bonus for the referrer).
About These Apps/Services/Sites:
- 23andMe offers two Personal Genetic Services: Health + Ancestry and Ancestry + Traits. Both services require submitting a saliva sample using their saliva collection kit that you send to the lab for analysis. 23andMe's Ancestry + Traits Service helps you understand who you are, where your DNA comes from and your family story.
- Acorns merges the robo-advisor model with an automated savings tool, making it easier to build a nest egg. Besides the $5 they give you for signing up, they'll put your money in investments automatically which increase daily, monthly, yearly. You don't need to do anything. Invest as little or as much as you want, and they will put you in a position where your investment will grow.
- American Express is a lucrative cash-back card for several spending categories. Your first year of $95 annual fee is waived, and offers up to an industry leading 6% cash back for select U.S. restaurants, streaming subscriptions, supermarkets, transit, gas stations and more.
- Aspiration is an online financial institution offering a variety of accounts, with a focus on rewarding customers with cash back for purchases made from ethical companies. The money customers deposit through Aspiration is held at one of its partner banks, which offer FDIC insurance.
- Befrugal is run by a bunch of cheap, thrifty, penny pinchers who believe that a dollar saved is two dollars earned. Find tens of thousands of coupons, deals, promotional codes and earn cash back for more than 5,000 retailers, including big retailers like Amazon, Target, and Walmart.
- Boeing Employees Credit Union (BECU) is Washington's largest member-owned, not-for-profit credit union. BECU puts the interest of its members ahead of profit, offering its members free checking, no maintenance fees and no minimum balance requirements. BECU offers business services, personal checking and savings accounts, IRAs, mortgage and home equity loans, personal loans, vehicle loans, online banking and more. BECU is a Federally Insured State Chartered Credit Union with 42 branches, headquartered in Tukwila, WA.
- Capital One is a credit card company offering many different types with a variety of cash back bonuses and other benefits.
- Chase Bank is the largest bank in the country and offers a robust menu of products and services. It provides mortgages, auto loans and one of the broadest selections of credit cards in the industry. And its website experience can compete with those at online-only banks that focus solely on checking and savings.
- Comcast Xfinity is a consumer-facing internet and television brand. TV at home & on the go. Hulu on X1. Stream live sports. Advanced security. Move service stress-free. Millions of hotspots. Netflix on X1. Prime Video on X1. Services: Internet, TV, home security, mobile.
- Discover IT is a credit card company which offers a cash back match at the end of your first year (no maximum), with no annual fee, 0% intro APR on purchases and balance transfers. Earn 5% cash back on everyday purchases (places vary each quarter) when you activate.
- Doordash offers delivery & takeout from the best local restaurants. Breakfast, lunch, dinner and more, delivered safely to your door. Doordash offers pickup & no-contact delivery.
- Dropbox is a cloud storage service that lets you save files online and sync them to your devices. You can use Dropbox links to share files and folders with other people without sending large attachments. Dropbox offers a free plan that includes 2GB of storage. You can pay to increase that to as much as 3TB with a subscription.
- Duolingo Plus - Duolingo is the most popular language-learning platform and the most downloaded education app in the world, with more than 300 million users. The company's mission is to make education free, fun, and accessible to all. Duolingo is designed to feel like a game and scientifically proven to be effective. Upgrading your free Duolingo account to Duolingo Plus gives you an ad-free experience. ability to download lessons in the app for offline use and unlimited skill test-outs.
- eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFD assets
- Evernote Premium - Evernote is an app that allows you to work from anywhere, stay in sync from any device, no matter where you are—you can even access notes when you have no WiFi or mobile data access. Evernote Premium, the top tier, adds the most features, such as the ability to search for text in Office documents and PDFs, annotate PDFs, scan business cards and suggested notes and content from the web that are relevant to the note you're currently working on.
- Fuel Rewards is a loyalty program that helps you save money on gas when you dine at participating restaurants and shop at participating grocers, local, and online merchants. Save at least 5¢/gal on every fill-up with Gold Status at Shell, and save more when you combine with other rewards (see https://www.fuelrewards.com/fuelrewards/how.html).
- GivingAssistant is a company that gives you cash back and coupon codes when shopping via their online portal. When you purchase a product via the cash-back platform, the merchant pays a commission to Giving Assistant. Then, 50% of the commission is paid back to the customer (you) as an incentive. You can choose the nonprofit and also adjust the percentage they receive.
- GNC is the largest global specialty retailer of nutritional products, including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products.
- GoCashBack is a cash-back website allowing you to get up to 31% cash back at your favorite stores. Find cash back and browse coupon codes to save even more money at over 1,500 retailers. Use the GoCashBack app to check your cash-back status from anywhere and click through while on the go to save when you shop from your phone. You can even get cash back when you dine out locally or at special events.
- Groupon, whose name combines "group" and "coupon", is a website and mobile app that offers coupons, cashback on purchases and group deals to consumers. Restaurants, retailers, and manufacturers use Groupon deals in an effort to lure customers into their establishments or to purchase their products.
- Grubhub partners with restaurants in your area to offer delivery for ones that don't normally deliver, while also offering a convenient online ordering system for the ones that do. Everything is handled through Grubhub, giving customers the flexibility to sign into one place and order nearly anything.
- Home Chef is a weekly subscription meal kit service. Customers receive orders with all the fresh ingredients you need to make restaurant quality recipes, designed by Home Chef chefs. Home Chef saves you the time of going to the grocery store, finding new recipes, meal planning, and portioning.
- Honey is a browser extension that automatically finds and applies coupon codes at checkout with a single click. Honey supports over 30,000 stores globally
- Houzz is an online platform for home remodeling, architecture, interior design, decorating, landscaping, and home improvement.
- Ibotta is a free cash-back rewards and payments app that gives you real cash for everyday purchases when you shop and pay through the app. Ibotta provides thousands of ways for consumers to earn cash on their purchases by partnering with more than 1,500 brands and retailers.
- Instacart lets you shop from local grocery stores online, then sends a “personal shopper” to fulfill and deliver your order to you the same day (or a future date/time of your choosing). Unlike other grocery delivery services, the company doesn't stockpile fresh produce in a massive warehouse.
- Instacart Shopper - Earn extra money shopping for others. As a shopper, you go to the grocery store like normal, except you’re getting paid to shop for others. Work whenever it works for you. With no set hours or days, you can shop as much or as little as you want, anytime you want. Must be age 18+ and be able to lift 40lbs.
- Invitation.Codes is a site/app where you can sign up for free and post your referral links/codes for all of the most up to date promotions that are out there at the moment. There's a great community vibe to it and it's a great way to meet other like-minds while learning about new products and signup/referral offers.
- Lemoney is a cash-back site with 1800+ stores. Find the best deals, coupons, cash-back rates, promo codes, sales, and discounts at Lemoney. Shop with Turbo Cashback and boost your cash-back rate.
- Lyft is a rideshare service that lets you call a driver and car to your location using the Lyft app who will drive you where you need to go.
- Miles is a rewards app empowering anyone to earn miles automatically for all modes of transportation. The Miles app rewards you with miles - their version of points - for no matter how you get from point A to point B (whether you drive, walk, bike, ride the train). Redeem the miles you’ve earned for rewards, discounts, and deals from brands such as Amazon, Chewy, DoorDash, HP, Reebok, Home Chef and more.
- Mr. Rebates is a shopping portal where you can do online shopping at online stores you love, and earn cash-back rebates on your purchases. They have an A+ rating from the BBB (Better Business Bureau), and you can earn as much as 30% back.
- MyPoints is a daily rewards program – just like when you earn miles on an airline or cash back on a credit card. Flexible, you don’t have to stick with one store to earn Points, and you don’t have to take your rewards in just one form. They have many partners that our members can shop with and redeem from. You can also earn points by completing surveys, watching videos and more.
- NatureBox is a snack subscription focused on providing healthier options to reduce stress and promote wellness. Their snacks are unique, delicious, and guilt-free. No artificial flavors, colors or sweeteners. No corn syrup of any kind. No hydrogenated oils. No MSG. Some newer offerings include a Wellness Collection of snacks containing adaptogens in their ingredients list, CBD Snacks infused with hemp, supplements, and coffee.
- Postmates is an on-demand goods delivery platform having a presence in more than 100 metropolitan areas in the US that enables people to get anything from local restaurants and stores delivered at their doorstep for a small fee. Postmates delivers goods with the help of their human courier networks which enables people to order anything from anywhere within the city.
- Privacy.com is an innovative way to protect your personal information over the internet. Are you feeling uncomfortable using your credit card online? Privacy.com has the perfect solution - it creates a virtual card that masks your bank statements for your online payments.
- Raise is a money-saving website aimed at helping people buy and sell discounted gift cards.
- Rakuten gets a commission from stores when you make a purchase, and shares it with you. Find the store on rakuten.com, click “Shop Now” and shop like normal on the store site. After you make an eligible purchase, you’ll earn cash back and get a check or PayPal payment every quarter.
- RebatesMe makes it easy to save at the stores you love. Earn cash back while shopping online, get access to thousands of coupons, and get the best price on millions of products.
- Shutterfly enables users to create personalized photo gifts (including photos and text) such as smartphone cases, photo books, wall art, and home decor. Through its Lifetouch division, it also provides portraiture services.
- Skillz is the world’s premier tournament platform where mobile gamers can use their skills to compete for cash and prizes. True to its name, Skillz does not host games of chance, and all winnings are based on your ability. Games include Solitaire Cube, Blackout Bingo, 21 Blitz, Texas Holdem and many more
- SoFi Invest allows users to buy and sell individual stocks as well as ETFs and select cryptocurrencies, offering innovative investment tools to help members get their money right at every stage of their financial lives.
- SoFi Money is an all-in-one product that is a hybrid checking and savings account. There are no account fees or minimum balance requirements, so you can bank freely. Pay no ATM fees at 55,000+ ATMs worldwide. Because SoFi Money is all online, you deposit checks from your phone and pay bills online. You can also use SoFi Money to transfer and receive money, like paying the babysitter or covering your share of dinner when the bill comes — All cash in your account earns 0.25% APY, which is quite high and even beats traditional banks’ high-yield savings accounts. No fees, and offers interest rate reduction.
- SoFi Personal Loan is a great option for borrowers who make a decent income and have good credit. There are no origination fees or late fees, and you won’t be penalized for paying your balance off early. They offer low rates, no fees, exclusive member benefits including access to career coaches and financial advisers, exclusive virtual events and more. Fixed personal loan rates range between 5.99% APR to 20.25% (with AutoPay).
- SoFi Student Loan Refinancing offers student loan refinancing and private student loans. Its refinancing loan is best for borrowers who want plenty of benefits with their refinanced student loan. Its private loan is best for flexible repayment options and no fees. You can see if you qualify with NO HARD credit check.
- Square is a popular service that allows you to buy, sell and send money using any Apple or Android mobile device. With three free mobile apps — Square Register, Square Wallet and Square Cash — Square is designed to help small businesses accept credit card payments and to help consumers transition to a cashless, cardless lifestyle.
- Stash aims to make the process of selecting stocks and ETFs quick and easy for beginners. Stash offers other account options, including brokerage and bank accounts, plus access to a Roth or traditional IRA retirement account.
- T-Mobile is one of the largest providers of wireless voice and data communications services in the US with more than 81 million customers. It has about 2,200 T-Mobile and MetroPCS branded retail sites (ranging from kiosks to stores).
- TopCashback is a competing cash-back web site that claims to offer higher cash back than some of the other larger sites. Rather than spend extra money on expensive commercials, TopCashBack uses the savings to provide consumers with higher cash-back payout rates.
- Uber is a rideshare company with an app that allows passengers to hail a ride and drivers to charge fares and get paid.
- Uber Driver - Turn your spare time into earnings with the Driver app - built with drivers, to bring you helpful information at your fingertips. Help as you move people and things where they need to go. Drive whenever you want — no offices, no bosses. Wherever you want to go, you can enjoy the journey and the destination. Requirements:
- Meet the minimum age to drive in your city
- Have at least one year of licensed driving experience in the US (3 years if you are under 23 years old)
- Have a valid US driver’s license
- Use an eligible 4-door vehicle
- Uber Eats is a food delivery platform that makes getting great food from your favorite local restaurants as easy as requesting a ride. Their app connects you with a broad range of local restaurants and food, so you can order from the full menus of your local favorites whenever you want.
- Uniqlo is a Japanese casual wear brand for women, men, kids & babies, operating in 20 different countries. Uniqlo is known for providing high-quality, private-label casual-wear at low prices.
- Venmo is a social payments service used by millions of people to make, receive and share payments with friends, family, and select approved businesses (without using cash or checks). It’s similar to PayPal, but is unique in that Venmo allows users to share and like payments and purchases through a social feed.
- Volcom is a lifestyle brand that designs, markets, and distributes boardsports-oriented products.
- Wayfair is an American e-commerce company that sells furniture and home-goods.
- Wish is a shopping app for iPhone and Android that lets you order cheap goods online with major savings. Most items ship straight from China, and a growing number ship from the U.S. for faster delivery. You can even pick up select items locally in minutes.
- Zogo is a FREE mobile app for kids and adults (age 13+) to learn financial literacy. Earn points towards gift cards to Amazon, Walmart, Starbucks and more by completing short, bite-sized modules. The many lessons include:
- How to save money
- Importance and best practices for a good credit score
- How to minimize debt
- How to successfully create and maintain a budget
- Long-term investment strategies
*** Ultimate AMC Timeline (Updated April 25) ***
Apes, our saga is gettin' juicier than Minute Maid! Who's thirsty?
I hope that you enjoy my educational "AMC Timeline." My goal was to compile and clearly explain the chronology of events in recent AMC stock history in order to:
- provide a permanent point of historical reference for "all things AMC stock";
- educate new and veteran apes alike on exactly how we got to this point;
- paint a picture as to why/when/how shorts and hedge funds are getting increasingly desperate;
- show that all happenings along the way thus far are squarely in apes' favor, slowly contributing to—and virtually guaranteeing—our moon landing;
- give existing AMC apes the confidence that they need to buy and hodl more AMC bananas;
- give potential AMC apes the confidence that they need to become first-time investors in glorious AMC shares . . . and hodl them sumbiches with kung-fu gorilla grip!
Learn, enjoy, and spread the word!
NOTE: If you think that something is missing from the timeline, please send me a message. I'll gladly add it!
--------------------
November 7, 2019:
AMC CEO Adam Aron addresses short-selling attacks on AMC
https://www.youtube.com/watch?v=KNy3pdpTYkg
March 18, 2020:
Due to COVID-19, Adam Aron officially announces the temporary (but, ultimately, much-longer-than-expected) closure of all AMC theaters nationwide. The resulting loss of income was so extreme that the company was "a couple of weeks away" from bankruptcy multiple times before the squeeze on January 27, 2021 (per Adam Aron in his April 14, 2021 interview with Trey's Trades).
https://www.amctheatres.com/covid-19-update
December 17, 2020:
SEC states that Robinhood misled its customers about how it was paid by Wall Street firms to pass along customers' trading data and that the start-up had made money at the expense of its customers. Robinhood agrees to pay a $65 million fine to settle the charges, without admitting or denying guilt.
https://www.sec.gov/news/press-release/2020-321
January 26, 2021:
AMC secures $917M in new capital to avoid bankruptcy through at least the end of 2021, the breaking news of which was the catalyst for the squeeze the following day
January 27:
1- The first AMC squeeze took place. The stock price jumped 310% overnight, from $4.96 at the close on January 26 to $20.34 at the open on January 27. (The price briefly reached almost $25 in pre-market on January 27.)
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- Robinhood screwed apes by restricting apes' ability to buy shares of AMC. Only selling was allowed, which directly benefitted hedge funds by tanking the share price. That is arguably the main reason why Vlad was dragged before the House to testify. Robinhood also implemented a 100% margin requirement for equity in AMC and GME.
https://www.cnn.com/business/live-news/stock-market-news-012721/h_f037344e14a037160cc724607ff72da0
January 28:
1- Robinhood blocks apes from buying shares of AMC, GME, and other stocks
-----
- Robinhood (followed by other lemming brokers) institutes stricter, 100% margin collateral requirements
February 18:
Robinhood CEO (Vlad Tenev) testifies about Robinhood's January 27-28 fuckery against AMC and GME apes during a House Financial Services Committee hearing
Video:
https://www.nytimes.com/video/business/100000007612057/robinhood-ceo-gamestop-hearing.html
Text presentation:
February 26:
In a ridiculously intense, back-and-forth battle between apes and HF turds that literally wasn't decided until the finals seconds of trading, Apes emerged victorious by securing a closing price of $8.01 after rallying from $7.90 within only 4 minutes remaining. Finishing the day above $8.00 was very significant because it forced shorts and hedge fund pantywaists to have to purchase hundreds of thousands of shares via options contracts. The figure of "$8.01" has since become a rallying cry for the AMC ape movement.
March 3:
Per AMC's proxy statement, ". . . 63,096,124 shares (including 3,732,625 treasury shares) of the total number of shares of Common Stock currently authorized remain available for issuance or may be reserved for issuance prior to any amendment to increase the authorized shares of Common Stock."
(Ape Translation: Adam Aron clarified in his April 14, 2021 interview with Trey's Trades that 20 million of those 63 million shares are accounted for. Still, that leaves AMC with 43M already-approved shares available to introduce to the market WITHOUT apes' permission. So, if apes approve the 500M new shares, that will make Aron much more inclined to actually use those 43M already-approved shares that are CURRENTLY the only bullets in his holster. Just because he vowed to not use any of the 500M new shares in 2021 doesn't mean he won't use any of the 43M. In fact, getting the 500M new shares gives Aron much more freedom and ability to dilute with those 43M already-approved shares. That's why my vote is "NO." After we moon, Aron can dilute to his heart's content, and at a much higher price per share, too!)
https://www.sec.gov/Archives/edgar/data/1411579/000104746921000518/a2243000zpre14a.htm
March 7:
SEC requests public comments (until April 8) on proposed Rule NSCC-2021-801 (i.e., "the straw that will break the hedge funds' backs")
https://www.sec.gov/comments/sr-nscc-2021-801/srnscc2021801.htm
March 16:
SEC approves Rule DTC-2021-003
https://www.dtcc.com/legal/sec-rule-filings
March 26:
Credit Suisse, Nomura, UBS, Deutsche Bank, Goldman Sachs, and Morgan Stanley forced hedge fund Archegos to liquidate $20 billion in assets (most notably, shares/swaps of Discovery Channel and ViacomCBS, which caused the PPS of each stock to plummet)
March 29:
1- SEC approves FICC-2021-002
-----
- SEC approves DTC-2021-004
-----
- SEC approves NSCC-2021-004
re: "To address the risks of (a) uncovered losses or liquidity shortfalls resulting from the default of one or more of its Members, and (b) losses arising from non-default events, such as damage to NSCC’s physical assets, a cyber-attack, or custody and investment losses, and the strategy for implementation of such tools."
March 30:
Susquehanna International Group, LLP ("SIG") and Richard J. McDonald formally oppose the OCC's new "Skin-in-the-Game" rule (OCC-2021-0003)
https://www.sec.gov/comments/sr-occ-2021-003/srocc2021003-8561059-230781.pdf
April 1:
Heath Tarbert (Ex-Chair of the Commodity Futures Trading Commission) joins Citadel Securities as "Chief Legal Officer" only 27 days after leaving the CFTC
"[It's] the latest in a long list of hires [away] from US regulators by [Citadel CEO, Ken] Griffin."
https://www.ft.com/content/dc1d1ddd-4940-4a58-a2de-0ba434927505
April 4:
"Godzilla v. Kong" sets pandemic and pre-pandemic records, disproving shorts' FUD that "people will never go to AMC theaters again"
https://www.reddit.com/r/amcstock/comments/mkarix/applestoapples_godzilla_vs_kong_just_beat_the/
April 5:
"B. Riley Financial" upgrades AMC and raises price target from $7 to $13
April 6:
Trey gets death threats
April 7:
1- SEC approves "Skin-in-the-Game" rule (OCC-2021-801)
https://www.sec.gov/rules/sro/occ/2021/34-91491.pdf
-----
- Trey's Trades interview with Jordan Belfort
(Let's just pretend that it never happened, OK? Link intentionally excluded.)
April 8:
1- New SEC filing confirms plaintiffs' assertion that "Apex, along with over 30 other brokerages, trading firms and/or clearing firms, including Morgan Stanley, E*Trade, Interactive Brokers, Charles Schwab, Robinhood, Barclays, Citadel and DTCC engaged in a coordinated conspiracy in violation of anti-trust laws to prevent retail customers from operating and trading freely in a conspiracy to allow certain of the other defendants, primarily hedge funds, to stop losing money on short sale positions in GameStop, AMC and certain other securities."
https://www.sec.gov/Archives/edgar/data/0001834518/000119312521109685/d121216ds4.htm
-----
- Matt Kohrs gets banned by Youtube
https://twitter.com/matt_kohrs/status/1380144656596541440?lang=en
-----
- SEC warns SPACs to cut the dirty shit
https://www.sec.gov/news/public-statement/spacs-ipos-liability-risk-under-securities-laws
https://news.yahoo.com/sec-wall-street-spacs-aren-192916403.html
-----
- SEC's Chief of the Office of the Whistleblower, Jane Norberg, to Leave Agency
https://www.sec.gov/news/press-release/2021-59
-----
- Last day to submit your comments to the SEC in support of the approval of Rule NSCC-2021-801! Rule NSCC-2021-801 is the proverbial "nail in the coffin" that reeeeeeeeeeeally has the hedge funders shitting their fancy little britches. A decision will be imminent after April 8. The SEC is currently deliberating whether to approve this SUPER CRITICAL Rule SR-NSCC-2021-801, which would allow the NSCC to assess the risk of members (i.e., hedge funds) on a daily basis and also demand a higher Secondary Liquidity Deposit (SLD) on a daily basis if a member risks defaulting. If approved, this rule will force hedge funds and market makers to pay more if they are "playing too risky." It will also allow the DTCC to liquidate a member’s positions if those positions jeopardize the NSCC’s ability to complete that day’s trades. Furthermore, the arguably most important aspect of Rule NSCC-2021-801 is that hedge funds would no longer be able to take advantage of an inexplicable lack of scrutiny to hide naked shorting, FTD shares, dark pool trades, ladder attacks, trading amongst themselves to artificially lower the price per share, etc. They will no longer have 30 days to "get their affairs in order," either. Transparency could be our newest and greatest weapon!
April 9:
Melvin Capital hedge fund announces amusingly catastrophic losses of 49% and billions of dollars in the first quarter of 2021
April 10:
Dog currency begins its "convenient," unsustainable, fabricated surge in what many argue is a calculated effort by hedge funds to fool apes into dumping AMC shares
April 12:
1- "Better Markets" files an amicus brief (lawsuit) against Citadel to prevent Citadel from succeeding in stopping the SEC's plan to implement a new type of order ("Delimit Order") developed by IEX. This new "delimit order" would essentially prevent Citadel and other hedge funds from engaging in high-frequency trading and stock price manipulation via the use of sophisticated equipment and non-public information that give them a huge, unfair advantage over retail investors in the marketplace.
https://bettermarkets.com/resources/better-markets-amicus-brief-citadel-v-sec
-----
- April 12:
Steve Cohen (manager of Point72 Asset Management hedge fund) sells penthouse for a massive 74% price cut
April 13:
1- Arclight and Pacific Theatres permanently closing in California, boosting AMC's future business and value
-----
- "Roensch Capital" predicts the squeeze
https://www.youtube.com/watch?v=xgjAldrX1aE
-----
- Hedge funds start to "spoof" shares:
https://www.reddit.com/r/amcstock/comments/mq6612/you_mfers_they_started_with_spoofing_now/
April 14:
1- Gary Gensler, notorious supporter of "the little guy," confirmed 53-45 by Senate to lead the SEC as Wall Street’s top regulator; plans to investigate SPACs and market manipulation by hedge funds (particularly in relation to Gamestop and AMC)
"The GameStop saga has led congressional Democrats to ask the SEC to reexamine the practice of payment for order flow, whereby stock brokers are paid to direct customer orders to market makers, as well as features in trading apps that critics say exemplify the use of so-called gamification techniques to encourage harmful overuse of those apps by retail investors. . . . The blowup of Archegos, meanwhile, could encourage Gensler to propose new rules for institutional investors that require the disclosure of short positions in stocks as well as derivative positions that mimic stock ownership."
https://www.marketwatch.com/story/senate-confirms-gary-gensler-as-sec-chairman-11618417804
-----
- Phenomenal 97% buyers and only 3% sellers for the day (at market close)!
https://www.reddit.com/r/amcstock/comments/mqzp71/97_buyers_vs_3_sellers_with_almost_100/
-----
- Adam Aron interview with Trey's Trades!
Notable Adam Aron quotes from the interview, in sequential order:
- "I am in this for the long haul [as CEO], 5-10 more years."
- "I am a fellow shareholder."
- "Long-term, I am a bull. I own over 3,000,000 shares of AMC stock."
- "I want to continue growing the company each year moving forward."
- "Our main goal is to increase shareholder value."
- "Our company is under attack by short sellers."
- "I haven't sold a single share in 5 years, and don't plan to. I am a believer in this company."
- "The last time we authorized 500,000,000 shares, we didn't use any shares [32,000,000] until 3.5 years later! We didn't use shares again [300,000,000] until 3.5 years after that! Each time, AMC's stock price rose 200%-300%."
- "Flooding the market with 500,000,000 shares woud be crazy and foolish."
- "If AMC shareholders authorize the 500,000,000 shares, we will pledge in writing that we will not issue a single share in calendar year 2021!"
- "I'm tired of playing defense. I want to play offense."
- "We would only use shares to acquire other theater chains to instantly increase value for shareholders. Or to buy back debt at a significant discount to increase value. Or to entice landlords to accept stock NOW (at a discount) instead of waiting on cash over the course of 24-36 months."
- "If you don't vote at all, your vote will be counted as a "No" by default.
- "You own AMC. This is YOUR company!"
- "I will give you one prediction: 50 years from now, analysts will be claiming that XYZ is going to put AMC out of business. Why [will AMC still be here]? Because there is something magical about going to the movie theater! . . . Watching at home just doesn't have the same impact."
- "Going to the movie theater is a cheap date. The average movie ticket in the U.S. is about $10. Where else can you go to be entertained for 2-3 hours for only $10? You can't!"
- "In 2019, the movie theater industry sold 7 times as many tickets as the NFL, MLB, NBA, NHL, and MLS combined!"
- "I think that AMC's best days are still to come."
- "I say to those people who are betting against us: I don't think it's a good idea to bet against movie theaters. It's certainly not a good idea to bet against AMC. And I'd like to think that it's not a good idea to bet against Adam Aron, either."
April 15:
J.P. Morgan sells a record $13 billion in bonds to raise cash
https://finance.yahoo.com/news/morgan-stanley-joins-bank-bond-115538870.html
April 16:
1- A massive 57,000 contracts due to expire at $10.00 contract price!
https://www.reddit.com/r/amcstock/comments/mqs0oo/why_has_nobody_mentioned_the_57000_contracts_that/
-----
- SEC approves FICC-2021-001
-----
- SEC approves DTC-2021-002
-----
- SEC approves NSCC-2021-003
-----
- Goldman Sachs sells $6 billion in bonds to raise cash
https://finance.yahoo.com/news/morgan-stanley-joins-bank-bond-115538870.html
-----
- One day after J.P. Morgan sold a record $13 billion in bonds to raise cash, Bank of American breaks the record by borrowing $15 billion through the sale of its own bonds.
-----
- Citigroup is expected to announce its own bond sale soon
https://finance.yahoo.com/news/morgan-stanley-joins-bank-bond-115538870.html
April 17:
1- Gary Gensler sworn in as SEC Chairman, where he will serve as Joe Biden's enforcer, the "top cop on Wall Street." It’s very telling that he was quickly sworn in on a Saturday, which had not happened since 1973 (recession) and 2008 (recession) in order to address fraud. This is a clear indication that Biden and the SEC are preparing to take similar, emergency action against fraudulent actors and market manipulators.
-----
- Bitcoin dropped 15%, as institutions are likely selling Bitcoin to raise the massive collateral that they now require—starting on April 22—to fully insure their lenders, including apes. (See "April 22" below.)
-----
- Is somebody in a hurry? LMAO! Lights in Citadel's corporate building suggest that employees worked feverishly at all hours throughout the weekend, including Sunday. Hmmm . . . . Desperate much? The stock market was closed, but guess what was open for trading: Bitcoin. I suppose that it could be a total coincidence that Bitcoin dropped 15% on Saturday, but I doubt it. The more likely scenario is that Citadel and other hedge funds caused Bitcoin to plummet by selling Bitcoin to raise a small portion of the collateral that they will need to at least partially insure the lent/borrowed synthetic shares that they overleveraged, as required on or before April 22. (See "April 22" below.)
April 19:
- Morgan Stanley sells $6 billion in unsecured bonds to raise cash.
https://finance.yahoo.com/news/morgan-stanley-joins-bank-bond-115538870.html
-----
- Infinity Q liquidates its hedge fund amid ramped-up U.S. regulatory probe into hedge fund valuation practices
April 20:
1- Date by which the share count—which will expose the number of synthetic shares—must be completed, which is 14 days before the shareholder meeting on May 4.
(HUGE NEWS: After the audit finished on Tuesday, April 20, there were suddenly zero (0) shares available to short the entire rest of the week, Wed-Fri! Did the count uncover an insane number of synthetic shares? Seems likely. That would obviously disallow additional share lending, which is what we saw.)
-----
- DTC-2021-007 proposed
". . . market transparency to accurately determine the number of shares loaned, identify proper share ownership, and calculate the risk associated with share loans (all of which is currently self-reported) to prevent over-leveraging in the future."
https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/DTC/SR-DTC-2021-007.pdf
April 21:
1- AMC reaches all-time high in short interest at 23.5%
(Keep in mind that the short interest was only 11% before AMC's first squeeze on January 27! Plus, there are far more apes now.)
-----
- AMC reaches all-time record highs of 152,000,000 shares on loan 100% utilization
-----
- Borrow fee skyrockets to 26.7%
https://amc.crazyawesomecompany.com/
-----
- Shredding trucks appear outside of Citadel headquarters
"Iron Mountain: Secure Destruction Your Can Trust"
https://twitter.com/KongPosting/status/1384959402965340163
-----
- Charles Schwab raises margin requirement for shorting AMC to 300%!
https://www.schwab.com/margin-updates
April 22:
HUGE!
Rule 15c3-3(b)(3) goes into effect. It "requires broker-dealers entering into agreements with their customers (e.g., apes) who lend the broker-dealers fully-paid or excess margin securities to provide the securities lenders (e.g., apes) with collateral that fully secures the loans."
(Apish: "You overleveraged bastards must now have the cash or collateral ON-HAND to fully cover every share that you borrow/lend, including unrealized losses! And, if you fuckers need to borrow more each day, you must also sufficiently increase your cash-on-hand and collateral to be able to FULLY COVER each day. Yeah, it's not yet an official law or regulation, but we're watching you. We will F you down the line if you cross us.")
https://www.sec.gov/news/public-statement/staff-fully-paid-lending
https://www.sec.gov/rules/sro/occ/2021/34-91445.pdf
April 23:
1- Hedge funds have 3 business days to eliminate (i.e., purchase) ALL synthetic shares that they shorted, or those shares become "FTD" (failed to deliver). The purchase deadline is April 28.
-----
- Notable movies (average of 2.5 per month) releasing in AMC theaters from April 23, 2021 through April, 2022 (in order of premier date):
- Demon Slayer
- Mortal Kombat
- Cruella
- A Quiet Place Part II
- Peter Rabbit 2: the Runaway
- Black Widow
- Space Jam 2
- Cinderella
- Snake Eyes: G.I. Joe Origins
- Hotel Transylvania: Transformania
- Suicide Squad
- Paw Patrol
- Candyman
- Shang-Chi and the Legend of the Ten Rings
- Venom 2: Let There Be Carnage
- Dune
- Eternals
- Ghostbusters: Afterlife
- Top Gun: Maverick
- Resident Evil
- West Side Story
- Spider-Man: No Way Home
- The Matrix 4
- Sherlock Holmes 3
- Sing 2
- Scream
- Morbius
- Uncharted
- The Batman
- Doctor Strange 2
- Sonic the Hedgehog 2
-----
- ETF shares available to short dropped from 3,800,000 to only 10,940! (Read why in April 20 entry above.)
April 26 (Mon):
DTCC to abruptly run the yearly market liquidity "stress test" 4 months early (It's not due until August 24, 2021, so why the urgency? . . . Hmmmm.)
https://www.dtcc.com/-/media/Files/pdf/2021/4/20/GOV1082-21.pdf
https://www.dtcc.com/-/media/Files/pdf/2020/6/24/MBS861-20.pdf
April 28 (Wed):
As established on April 23, unpurchased synthetic shares go into default. Per SEC rules, hedge funds now have 21 days to purchase those FTD shares.
May 4 (Tue):
Shareholder meeting (2:00 PM, Central Time), including vote to approve or deny the option (not the obligation) for AMC to authorize 500 million new shares for unforeseen purposes (under no set timeframe or shares-per-release)
May 19 (Wed):
As established on April 28, May 19 is the final deadline for hedge funds to purchase all FTD synthetic shares. If not, all of their assets can go into forced liquidation. We could be looking at Archegos x 100. (Apish: "Liquidation is moon rocket fuel.")
May 26-27, 2021 (Wed-Thurs):
Big bank CEOs to testify before Senate Banking Committee (SBC) and House Financial Services Committee (HFSC)
https://thehill.com/policy/finance/548490-big-bank-ceos-to-testify-before-congress-in-may
`
Bitcoin event with Tyler Winklevoss
https://evolveetfs.com/the-next-phase-for-bitcoin-a-conversation-with-tyler-winklevoss/
If anyone wants to register and watch on Thursday.
[ Bitcoin ] Bitcoin 2021 Conference tickets
[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by AsymmetricDamage [link]
Hello all. I have (1) general admission ticket and (1) after party ticket to this event available, package deal for $800.
I won't be able to attend, so they are up for grabs. Upon sale Eventbrite will transfer them into your name and email you the e-tickets.
Thank you!
/u/AsymmetricDamage your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].
If you see a stream from someone a popular person like Charles or Vitalik, be careful!
This is mostly for all the new people on this reddit and crypto.
In the last view weeks I have seen more and more streams that restreamed an event from this popular persons and wanted to make it look like the original legt one. There was bitcoin adresses with the promise that this persons will double it.
Watch out! Its a scam even if it looks real and effort has gone into designing the stream.
I get even crypto scams as Youtube ads with bitcoin adresses, this is insane. There should be jail for this. Google ads has KYC for sure.
Never send someone bitcoins or your private keys phrases.
*** Ultimate AMC Timeline (Updated April 25) ***
Apes, our saga is gettin' juicier than Minute Maid! Who's thirsty?
I hope that you enjoy my educational "AMC Timeline." My goal was to compile and clearly explain the chronology of events in recent AMC stock history in order to:
- provide a permanent point of historical reference for "all things AMC stock";
- educate new and veteran apes alike on exactly how we got to this point;
- paint a picture as to why/when/how shorts and hedge funds are getting increasingly desperate;
- show that all happenings along the way thus far are squarely in apes' favor, slowly contributing to—and virtually guaranteeing—our moon landing;
- give existing AMC apes the confidence that they need to buy and hodl more AMC bananas;
- give potential AMC apes the confidence that they need to become first-time investors in glorious AMC shares . . . and hodl them sumbiches with kung-fu gorilla grip!
Learn, enjoy, and spread the word!
NOTE: If you think that something is missing from the timeline, please send me a message. I'll gladly add it!
--------------------
March 18, 2020:
Due to COVID-19, AMC CEO Adam Aron officially announces the temporary (but, ultimately, much-longer-than-expected) closure of all AMC theaters nationwide. The resulting loss of income was so extreme that the company was "a couple of weeks away" from bankruptcy multiple times before the squeeze on January 27, 2021 (per AMC CEO, Adam Aron in his April 14, 2021 interview with Trey's Trades).
https://www.amctheatres.com/covid-19-update
December 17, 2020:
SEC states that Robinhood misled its customers about how it was paid by Wall Street firms to pass along customers' trading data and that the start-up had made money at the expense of its customers. Robinhood agrees to pay a $65 million fine to settle the charges, without admitting or denying guilt.
https://www.sec.gov/news/press-release/2020-321
January 26:
AMC secures $917M in new capital to avoid bankruptcy through at least the end of 2021, the breaking news of which was the catalyst for the squeeze the following day
January 27:
1- The first AMC squeeze took place. The stock price jumped 310% overnight, from $4.96 at the close on January 26 to $20.34 at the open on January 27. (The price briefly reached almost $25 in pre-market on January 27.)
-----
- Robinhood screwed apes by restricting apes' ability to buy shares of AMC. Only selling was allowed, which directly benefitted hedge funds by tanking the share price. That is arguably the main reason why Vlad was dragged before the House to testify. Robinhood also implemented a 100% margin requirement for equity in AMC and GME.
https://www.cnn.com/business/live-news/stock-market-news-012721/h_f037344e14a037160cc724607ff72da0
January 28:
1- Robinhood blocks apes from buying shares of AMC, GME, and other stocks
-----
- Robinhood (followed by other lemming brokers) institutes stricter, 100% margin collateral requirements
February 18:
Robinhood CEO (Vlad Tenev) testifies about Robinhood's January 27-28 fuckery against AMC and GME apes during a House Financial Services Committee hearing
Video:
https://www.nytimes.com/video/business/100000007612057/robinhood-ceo-gamestop-hearing.html
Text presentation:
February 26:
In a ridiculously intense, back-and-forth battle between apes and HF turds that literally wasn't decided until the finals seconds of trading, Apes emerged victorious by securing a closing price of $8.01 after rallying from $7.90 within only 4 minutes remaining. Finishing the day above $8.00 was very significant because it forced shorts and hedge fund pantywaists to have to purchase hundreds of thousands of shares via options contracts. The figure of "$8.01" has since become a rallying cry for the AMC ape movement.
March 3:
Per AMC's proxy statement, ". . . 63,096,124 shares (including 3,732,625 treasury shares) of the total number of shares of Common Stock currently authorized remain available for issuance or may be reserved for issuance prior to any amendment to increase the authorized shares of Common Stock."
(Ape Translation: Adam Aron clarified in his April 14, 2021 interview with Trey's Trades that 20 million of those 63 million shares are accounted for. Still, that leaves AMC with 43M already-approved shares available to introduce to the market WITHOUT apes' permission. So, if apes approve the 500M new shares, that will make Aron much more inclined to actually use those 43M already-approved shares that are CURRENTLY the only bullets in his holster. Just because he vowed to not use any of the 500M new shares in 2021 doesn't mean he won't use any of the 43M. In fact, getting the 500M new shares gives Aron much more freedom and ability to dilute with those 43M already-approved shares. That's why my vote is "NO." After we moon, Aron can dilute to his heart's content, and at a much higher price per share, too!)
https://www.sec.gov/Archives/edgar/data/1411579/000104746921000518/a2243000zpre14a.htm
March 7:
SEC requests public comments (until April 8) on proposed Rule NSCC-2021-801 (i.e., "the straw that will break the hedge funds' backs")
https://www.sec.gov/comments/sr-nscc-2021-801/srnscc2021801.htm
March 16:
SEC approves Rule DTC-2021-003
https://www.dtcc.com/legal/sec-rule-filings
March 26:
Credit Suisse, Nomura, UBS, Deutsche Bank, Goldman Sachs, and Morgan Stanley forced hedge fund Archegos to liquidate $20 billion in assets (most notably, shares/swaps of Discovery Channel and ViacomCBS, which caused the PPS of each stock to plummet)
March 29:
1- SEC approves FICC-2021-002
-----
- SEC approves DTC-2021-004
-----
- SEC approves NSCC-2021-004
re: "To address the risks of (a) uncovered losses or liquidity shortfalls resulting from the default of one or more of its Members, and (b) losses arising from non-default events, such as damage to NSCC’s physical assets, a cyber-attack, or custody and investment losses, and the strategy for implementation of such tools."
March 30:
Susquehanna International Group, LLP ("SIG") and Richard J. McDonald formally oppose the OCC's new "Skin-in-the-Game" rule (OCC-2021-0003)
https://www.sec.gov/comments/sr-occ-2021-003/srocc2021003-8561059-230781.pdf
April 1:
Heath Tarbert (Ex-Chair of the Commodity Futures Trading Commission) joins Citadel Securities as "Chief Legal Officer" only 27 days after leaving the CFTC
"[It's] the latest in a long list of hires [away] from US regulators by [Citadel CEO, Ken] Griffin."
https://www.ft.com/content/dc1d1ddd-4940-4a58-a2de-0ba434927505
April 4:
"Godzilla v. Kong" sets pandemic and pre-pandemic records, disproving shorts' FUD that "people will never go to AMC theaters again"
https://www.reddit.com/r/amcstock/comments/mkarix/applestoapples_godzilla_vs_kong_just_beat_the/
April 5:
"B. Riley Financial" upgrades AMC and raises price target from $7 to $13
April 6:
Trey gets death threats
April 7:
1- SEC approves "Skin-in-the-Game" rule (OCC-2021-801)
https://www.sec.gov/rules/sro/occ/2021/34-91491.pdf
-----
- Trey's Trades interview with Jordan Belfort
(Let's just pretend that it never happened, OK? Link intentionally excluded.)
April 8:
1- New SEC filing confirms plaintiffs' assertion that "Apex, along with over 30 other brokerages, trading firms and/or clearing firms, including Morgan Stanley, E*Trade, Interactive Brokers, Charles Schwab, Robinhood, Barclays, Citadel and DTCC engaged in a coordinated conspiracy in violation of anti-trust laws to prevent retail customers from operating and trading freely in a conspiracy to allow certain of the other defendants, primarily hedge funds, to stop losing money on short sale positions in GameStop, AMC and certain other securities."
https://www.sec.gov/Archives/edgar/data/0001834518/000119312521109685/d121216ds4.htm
-----
- Matt Kohrs gets banned by Youtube
https://twitter.com/matt_kohrs/status/1380144656596541440?lang=en
-----
- SEC warns SPACs to cut the dirty shit
https://www.sec.gov/news/public-statement/spacs-ipos-liability-risk-under-securities-laws
https://news.yahoo.com/sec-wall-street-spacs-aren-192916403.html
-----
- SEC's Chief of the Office of the Whistleblower, Jane Norberg, to Leave Agency
https://www.sec.gov/news/press-release/2021-59
-----
- Last day to submit your comments to the SEC in support of the approval of Rule NSCC-2021-801! Rule NSCC-2021-801 is the proverbial "nail in the coffin" that reeeeeeeeeeeally has the hedge funders shitting their fancy little britches. A decision will be imminent after April 8. The SEC is currently deliberating whether to approve this SUPER CRITICAL Rule SR-NSCC-2021-801, which would allow the NSCC to assess the risk of members (i.e., hedge funds) on a daily basis and also demand a higher Secondary Liquidity Deposit (SLD) on a daily basis if a member risks defaulting. If approved, this rule will force hedge funds and market makers to pay more if they are "playing too risky." It will also allow the DTCC to liquidate a member’s positions if those positions jeopardize the NSCC’s ability to complete that day’s trades. Furthermore, the arguably most important aspect of Rule NSCC-2021-801 is that hedge funds would no longer be able to take advantage of an inexplicable lack of scrutiny to hide naked shorting, FTD shares, dark pool trades, ladder attacks, trading amongst themselves to artificially lower the price per share, etc. They will no longer have 30 days to "get their affairs in order," either. Transparency could be our newest and greatest weapon!
April 9:
Melvin Capital hedge fund announces amusingly catastrophic losses of 49% and billions of dollars in the first quarter of 2021
April 10:
Dogecoin (DOGE-USD) begins its "convenient," unsustainable pump in what many argue is a calculated effort by hedge funds to fool apes into dumping AMC shares
https://finance.yahoo.com/chart/DOGE-USD
April 12:
1- "Better Markets" files an amicus brief (lawsuit) against Citadel to prevent Citadel from succeeding in stopping the SEC's plan to implement a new type of order ("Delimit Order") developed by IEX. This new "delimit order" would essentially prevent Citadel and other hedge funds from engaging in high-frequency trading and stock price manipulation via the use of sophisticated equipment and non-public information that give them a huge, unfair advantage over retail investors in the marketplace.
https://bettermarkets.com/resources/better-markets-amicus-brief-citadel-v-sec
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- April 12:
Steve Cohen (manager of Point72 Asset Management hedge fund) sells penthouse for a massive 74% price cut
April 13:
1- Arclight and Pacific Theatres permanently closing in California, boosting AMC's future business and value
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- "Roensch Capital" predicts the squeeze
https://www.youtube.com/watch?v=xgjAldrX1aE
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- Hedge funds start to "spoof" shares:
https://www.reddit.com/r/amcstock/comments/mq6612/you_mfers_they_started_with_spoofing_now/
April 14:
1- Gary Gensler, notorious supporter of "the little guy," confirmed 53-45 by Senate to lead the SEC as Wall Street’s top regulator; plans to investigate SPACs and market manipulation by hedge funds (particularly in relation to Gamestop and AMC)
"The GameStop saga has led congressional Democrats to ask the SEC to reexamine the practice of payment for order flow, whereby stock brokers are paid to direct customer orders to market makers, as well as features in trading apps that critics say exemplify the use of so-called gamification techniques to encourage harmful overuse of those apps by retail investors. . . . The blowup of Archegos, meanwhile, could encourage Gensler to propose new rules for institutional investors that require the disclosure of short positions in stocks as well as derivative positions that mimic stock ownership."
https://www.marketwatch.com/story/senate-confirms-gary-gensler-as-sec-chairman-11618417804
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- Phenomenal 97% buyers and only 3% sellers for the day (at market close)!
https://www.reddit.com/r/amcstock/comments/mqzp71/97_buyers_vs_3_sellers_with_almost_100/
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- Adam Aron interview with Trey's Trades!
Notable Adam Aron quotes from the interview, in sequential order:
- "I am in this for the long haul [as CEO], 5-10 more years."
- "I am a fellow shareholder."
- "Long-term, I am a bull. I own over 3,000,000 shares of AMC stock."
- "I want to continue growing the company each year moving forward."
- "Our main goal is to increase shareholder value."
- "Our company is under attack by short sellers."
- "I haven't sold a single share in 5 years, and don't plan to. I am a believer in this company."
- "The last time we authorized 500,000,000 shares, we didn't use any shares [32,000,000] until 3.5 years later! We didn't use shares again [300,000,000] until 3.5 years after that! Each time, AMC's stock price rose 200%-300%."
- "Flooding the market with 500,000,000 shares woud be crazy and foolish."
- "If AMC shareholders authorize the 500,000,000 shares, we will pledge in writing that we will not issue a single share in calendar year 2021!"
- "I'm tired of playing defense. I want to play offense."
- "We would only use shares to acquire other theater chains to instantly increase value for shareholders. Or to buy back debt at a significant discount to increase value. Or to entice landlords to accept stock NOW (at a discount) instead of waiting on cash over the course of 24-36 months."
- "If you don't vote at all, your vote will be counted as a "No" by default.
- "You own AMC. This is YOUR company!"
- "I will give you one prediction: 50 years from now, analysts will be claiming that XYZ is going to put AMC out of business. Why [will AMC still be here]? Because there is something magical about going to the movie theater! . . . Watching at home just doesn't have the same impact."
- "Going to the movie theater is a cheap date. The average movie ticket in the U.S. is about $10. Where else can you go to be entertained for 2-3 hours for only $10? You can't!"
- "In 2019, the movie theater industry sold 7 times as many tickets as the NFL, MLB, NBA, NHL, and MLS combined!"
- "I think that AMC's best days are still to come."
- "I say to those people who are betting against us: I don't think it's a good idea to bet against movie theaters. It's certainly not a good idea to bet against AMC. And I'd like to think that it's not a good idea to bet against Adam Aron, either."
April 15:
J.P. Morgan sells a record $13 billion in bonds to raise cash
https://finance.yahoo.com/news/morgan-stanley-joins-bank-bond-115538870.html
April 16:
1- A massive 57,000 contracts due to expire at $10.00 contract price!
https://www.reddit.com/r/amcstock/comments/mqs0oo/why_has_nobody_mentioned_the_57000_contracts_that/
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- SEC approves FICC-2021-001
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- SEC approves DTC-2021-002
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- SEC approves NSCC-2021-003
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- Goldman Sachs sells $6 billion in bonds to raise cash
https://finance.yahoo.com/news/morgan-stanley-joins-bank-bond-115538870.html
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- One day after J.P. Morgan sold a record $13 billion in bonds to raise cash, Bank of American breaks the record by borrowing $15 billion through the sale of its own bonds.
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- Citigroup is expected to announce its own bond sale soon
https://finance.yahoo.com/news/morgan-stanley-joins-bank-bond-115538870.html
April 17:
1- Gary Gensler sworn in as SEC Chairman, where he will serve as Joe Biden's enforcer, the "top cop on Wall Street." It’s very telling that he was quickly sworn in on a Saturday, which had not happened since 1973 (recession) and 2008 (recession) in order to address fraud. This is a clear indication that Biden and the SEC are preparing to take similar, emergency action against fraudulent actors and market manipulators.
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- Bitcoin dropped 15%, as institutions are likely selling Bitcoin to raise the massive collateral that they now require—starting on April 22—to fully insure their lenders, including apes. (See "April 22" below.)
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- Is somebody in a hurry? LMAO! Lights in Citadel's corporate building suggest that employees worked feverishly at all hours throughout the weekend, including Sunday. Hmmm . . . . Desperate much? The stock market was closed, but guess what was open for trading: Bitcoin. I suppose that it could be a total coincidence that Bitcoin dropped 15% on Saturday, but I doubt it. The more likely scenario is that Citadel and other hedge funds caused Bitcoin to plummet by selling Bitcoin to raise a small portion of the collateral that they will need to at least partially insure the lent/borrowed synthetic shares that they overleveraged, as required on or before April 22. (See "April 22" below.)
April 19:
- Morgan Stanley sells $6 billion in unsecured bonds to raise cash.
https://finance.yahoo.com/news/morgan-stanley-joins-bank-bond-115538870.html
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- Infinity Q liquidates its hedge fund amid ramped-up U.S. regulatory probe into hedge fund valuation practices
April 20:
1- Date by which the share count—which will expose the number of synthetic shares—must be completed, which is 14 days before the shareholder meeting on May 4.
(HUGE NEWS: After the audit finished on Tuesday, April 20, there were suddenly zero (0) shares available to short the entire rest of the week, Wed-Fri! Did the count uncover an insane number of synthetic shares? Seems likely. That would obviously disallow additional share lending, which is what we saw.)
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- DTC-2021-007 proposed
". . . market transparency to accurately determine the number of shares loaned, identify proper share ownership, and calculate the risk associated with share loans (all of which is currently self-reported) to prevent over-leveraging in the future."
https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/DTC/SR-DTC-2021-007.pdf
April 21:
1- AMC reaches all-time high in short interest at 23.5%
(Keep in mind that the short interest was only 11% before AMC's first squeeze on January 27! Plus, there are far more apes now.)
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- AMC reaches all-time record highs of 152,000,000 shares on loan 100% utilization
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- Borrow fee skyrockets to 26.7%
https://amc.crazyawesomecompany.com/
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- Shredding trucks appear outside of Citadel headquarters
"Iron Mountain: Secure Destruction Your Can Trust"
https://twitter.com/KongPosting/status/1384959402965340163
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- Charles Schwab raises margin requirement for shorting AMC to 300%!
https://www.schwab.com/margin-updates
April 22:
HUGE!
Rule 15c3-3(b)(3) goes into effect. It "requires broker-dealers entering into agreements with their customers (e.g., apes) who lend the broker-dealers fully-paid or excess margin securities to provide the securities lenders (e.g., apes) with collateral that fully secures the loans."
(Apish: "You overleveraged bastards must now have the cash or collateral ON-HAND to fully cover every share that you borrow/lend, including unrealized losses! And, if you fuckers need to borrow more each day, you must also sufficiently increase your cash-on-hand and collateral to be able to FULLY COVER each day. Yeah, it's not yet an official law or regulation, but we're watching you. We will F you down the line if you cross us.")
https://www.sec.gov/news/public-statement/staff-fully-paid-lending
https://www.sec.gov/rules/sro/occ/2021/34-91445.pdf
https://www.sec.gov/news/public-statement/staff-fully-paid-lending
https://www.sec.gov/rules/sro/occ/2021/34-91445.pdf
April 23:
1- Hedge funds have 3 business days to eliminate (i.e., purchase) ALL synthetic shares that they shorted, or those shares become "FTD" (failed to deliver). The purchase deadline is April 28.
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- Notable movies (average of 2.5 per month) releasing in AMC theaters from April 23, 2021 through April, 2022 (in order of premier date):
- Demon Slayer
- Mortal Kombat
- Cruella
- A Quiet Place Part II
- Peter Rabbit 2: the Runaway
- Black Widow
- Space Jam 2
- Cinderella
- Snake Eyes: G.I. Joe Origins
- Hotel Transylvania: Transformania
- Suicide Squad
- Paw Patrol
- Candyman
- Shang-Chi and the Legend of the Ten Rings
- Venom 2: Let There Be Carnage
- Dune
- Eternals
- Ghostbusters: Afterlife
- Top Gun: Maverick
- Resident Evil
- West Side Story
- Spider-Man: No Way Home
- The Matrix 4
- Sherlock Holmes 3
- Sing 2
- Scream
- Morbius
- Uncharted
- The Batman
- Doctor Strange 2
- Sonic the Hedgehog 2
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- ETF shares available to short dropped from 3,800,000 to only 10,940! (Read why in April 20 entry above.)
April 26 (Mon):
DTCC to abruptly run the yearly market liquidity "stress test" 4 months early (It's not due until August 24, 2021, so why the urgency? . . . Hmmmm.)
https://www.dtcc.com/-/media/Files/pdf/2021/4/20/GOV1082-21.pdf
https://www.dtcc.com/-/media/Files/pdf/2020/6/24/MBS861-20.pdf
April 28 (Wed):
As established on April 23, unpurchased synthetic shares go into default. Per SEC rules, hedge funds now have 21 days to purchase those FTD shares.
May 4 (Tue):
Shareholder meeting (2:00 PM, Central Time), including vote to approve or deny the option (not the obligation) for AMC to authorize 500 million new shares for unforeseen purposes (under no set timeframe or shares-per-release)
May 19 (Wed):
As established on April 28, May 19 is the final deadline for hedge funds to purchase all FTD synthetic shares. If not, all of their assets can go into forced liquidation. We could be looking at Archegos x 100. (Apish: "Liquidation is moon rocket fuel.")
May 26-27, 2021 (Wed-Thurs):
Big bank CEOs to testify before Senate Banking Committee (SBC) and House Financial Services Committee (HFSC)
https://thehill.com/policy/finance/548490-big-bank-ceos-to-testify-before-congress-in-may
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