Amc ape here since feb 2021 and now HYMC investor too,
Hycroft Mining Holding Corp Not financial advise here, but new current short interest published yesterday as of march 30 2022 is over 9 million shares, all these short shares were sold for around 2 dollars or less⦠if we can create momentun and get the stock price over 3 dollars shorts have no choice but cover their positions, lets hope this happens soon, IMO i believe this short covering can happen between today and early next week (as always no dates this is just my honest opinion based on FTDs due, volatility and price increases this stock had lately
An example here i found
Impp had 8 million shared sold short last month and it squeezed Early march, went up 2000 percent from .48 cents to over 9 dollars, today #HYMC price is 2.20 if we squeeze soon we have the potential to go up 2000 percnt like impp did, considering also the impp float js smaller but we know for sure hymc float is completely sold, that will put us over 45 bucks, as always this is for informational purposes not financial advise
Might not be a proper DD or nothing important for everyone but for myself i sometimes like to see posts based on people experience over the years, hope i can help calm some newbies emotions, i am confident that as of today we are in the right track for a great SS anytime now
Again this is not financial advise
Let's go over:
Gamma Squeeze Info
Short Squeeze Info
Purchases by AMC and Eric Sprot
The Float
How it affects the short interest
And what Adam Aron said about their purchase
And I'll leave it up to you to decide what it all means.
Not just a short squeeze but also a gamma squeeze?
Bet you didn't know there was a Gamma Squeeze Leaderboard on Fintel...
HYMC is #1
Also #1 for a Short Squeeze. Oh baby!
What's interesting to me is how it went up 2159 spaces directly to #1. Ahead of even AMC and various other squeeze stocks such as a very well know video game stock.... which all have been running up hard!
Now look at that ownership!
71.6% owned by AMC and Eric Sprot (50-50 each). Plus Mudrick owns the another 31.3%. There are a few others as well. So the total owned is more than 100% but I believe that's due to warrants that AMC and Eric have the right to, which are included in these figures.
So, they are basically locking up the float. This is outstanding shares. Doesn't really leave much in the way of Free Float. So, if the Free Float is now smaller, then the SI% of Free Float would go up relatively speaking!
Even crazier, Ortex is NOT showing us on the chart where Estimated SI% is at.
Estimated SI% of FF is the orange line. See how it just stops ahead of where the blue line of Exchange Reported SI continues?
I think that's because the Free Float has been gobbled up. My theory (and do take it with a grain of salt) is that because AMC and Eric S. bought the majority of the outstanding float, the free float is now extremely small, and with all the shorting that took place, it is now technically shorted over 100%. Ortex does not want to show us?
Now, their numbers on the side do show a different picture with FF SI % at 49.58%. That's still a lot, so no matter which way you slice it.
But just to show you a comparison. Here is the one for AMC. The orange line goes PAST the blue. Like it does for all other stocks (see, something funny is going on with Ortex's reporting of HYMC...)
Keeping in mind the float being bought up...
Here is one site showing that the float is now 1,342.65% short?! Weird. Suddenly, my theory above makes more sense. This suggests to me that the FF is now smaller (due to the 13G filings by AMC and Eric) than the total amount of Short Positions open. ie: Greater than 100%.
Now about what Adom Aron said about HYMC:
Do you really think AMC and Eric wouldn't be trying to make this squeeze? He practically said it himself: "It appears to be just like AMC of a year ago".
A year ago, AMC had not yet squeezed up to a high of 72.62. I think he is telling us that this is a squeeze play by AMC and Eric. Here's his quote:
I'm an AMC Ape π¦ and I HODL for goldπ₯
I have opened a position in HYMC (which is smaller than my AMC position which I continue to hold).
This is not financial advice. Do your own research, and make your own decisions.
Ty sir I'm also an AMC ape and i hold HYMC ππππππ
I knew that if AA thought it was worth investing into, it's good enough for me. Especially when I saw the stats, I was like this IS another AMC scenario. Picked up a bunch of shares and I hope other apes did too.
Ladies and Gentlemen,
I present to you a once in a lifetime opportunity to invest in Hycroft Mining at a dirt cheap price.
-
$HYMC is a special situation which was spun out of bankrupt Allied Nevada. It is one of the best mines on planet earth with the asset being worth approx $4.5 billion at current levels
-
Poor historical management is what has mispriced the asset, along with a novel mining system which has never been used - however, production of Gold and Silver from Q4 2020 -> Q1 2021 grow 100% - that is a ridiculous number people, they are doing something right
-
Around 85% of the company is owned by hedge funds
-
Hycroft owns and operates the second largest silver mine in the world, and one of the largest gold mines in the world. Yet the valuation is lowest compared to peers
-
In addition to this, there is a massive short position on the stock, setting this thing up for the Mother of all squeezes when people realize how profitable this asset can become and will become
-
Happy getting rich you dirty motherfucking animals
HYMC Short Squeeze Ranking Being Hidden on Fintel π€
On March 25th, HYMC was #1 for a short squeeze, and #1 for a gamma squeeze.
On March 26th, Fintel no longer shows HYMC as number 1 for either.
In fact, they do not show the short interest score at all**. It's been removed!!!!**
Why is it being hidden from us? I think it's because they do not want Retail to buy or hold.
https://fintel.io/ss/us/hymcHere's my post from Friday with the data π₯
This post, from yesterday, shows the real data! Take a look. And see what they are trying to hide.
https://www.reddit.com/r/HYMCStock/comments/to73u8/dd_with_pics_and_links_hymc_1_rank_short_squeeze/
Apes, I Call on You... ππ¦
Don't let them silence information. We have seen this kind of corruption before, and as always, Reddit and other platforms have served as a way to share information!
Get the word out there!
On Monday, I buy more! πΉ
Not financial advice.
Edit: Ortex also DOES NOT SHOW SI% of FF. This is huge.
https://www.ortex.com/symbol/Nasdaq/HYMC/short_interest
HYMC Short Squeeze Ranking Being Hidden on Fintel π€
On March 25th, HYMC was #1 for a short squeeze, and #1 for a gamma squeeze.
On March 26th, Fintel no longer shows HYMC as number 1 for either.
In fact, they do not show the short interest score at all**. It's been removed!!!!**
Why is it being hidden from us? I think it's because they do not want Retail to buy or hold.
https://fintel.io/ss/us/hymcHere's my post from Friday with the data π₯
This post, from yesterday, shows the real data! Take a look. And see what they are trying to hide.
https://www.reddit.com/r/HYMCStock/comments/to73u8/dd_with_pics_and_links_hymc_1_rank_short_squeeze/
Apes, I Call on You... ππ¦
Don't let them silence information. We have seen this kind of corruption before, and as always, Reddit and other platforms have served as a way to share information!
Get the word out there!
On Monday, I buy more! πΉ
Not financial advice.
Edit: Ortex also DOES NOT SHOW SI% of FF. This is huge.
https://www.ortex.com/symbol/Nasdaq/HYMC/short_interest