Today I Want to talk about how your AMC shares could be being lent out without your permission? Now obviously this is a massive deal because if your Shares are being lent, that means they're not covered under Sipc insurance. And on top of that, if your Shares are being lent out, that means your vote will not be counted for the conversion and reverse split. So stay tuned and let's make some money. And now I'm going to dive straight in with accumulation.

So as occasionally tweeted he said a friend got this email from Charles Schwab last night saying his interest rate on his aims he shares went down Now He called and verified that they had lent out his shares without his permission because as far as he was aware, his shares were not being let out. As you can see, this email says that his AMT shares that were being lent out have just fallen in lending rate from 90 down to 82.5 But obviously this guy had no idea that his shares were actually being lent out under the Charles Schwab Securities lending Fully Paid program. Therefore, it is definitely worth double checking your account to make sure that your securities are not being Lent without your permission. I Think the best way to do this would be to contact support and ask them directly if your Shares are being lent.

Now it's also not just Charles Schwab because Interactive Brokers have actually changed their entire user agreement to lend out your shares without permission. Biotechnose tweet is saying interactive Brokers is new client agreement. Interactive Brokers can lend out your shares without asking you and without notifying you. This way, Interactive Brokers is using your shares against you while they collect interest and find locates.

or give real share locates to these shorts wanting to short your shares. This new user agreement introduced a new paragraph for stock lending activity and our rights to use your assets. It says by using Interactive Brokers, you can send to Interactive Brokers lending out your collateral Securities or other property and it says that Interactive Brokers and its Affiliates May from time to time and without notice to you, re-hypothecate all of your collateral Securities and other property as well. and Interactive Brokers or its Affiliates May So pledge, re-pledge hypothecate, or re-hypothecate your collateral Securities and other property as well.

Now I Think this is really important because even if you're not using Interactive Brokers directly, a lot of trading platforms actually clear through Interactive Brokers what I'm basically trying to say is that Interactive Brokers is very similar to Apex Clearing. Obviously, you don't trade using the Apex clearing app, but many of your trading platforms like Robin Hood Weeble and many others all use Apost Clearing. so it's probably a good idea to make sure that your trading platform doesn't use Interactive Brokers to clear their trades or your securities are likely being lent out without your permission and without notice. I've and it's just another rat toy tweeted.

He said also when your Shares are on loan, the customer loses their Sopc insurance which is five hundred thousand dollars per account. Basically same if your trading platform does go bankrupt during the squeeze, but during the squeeze your Shares are actually being lent out. It means that trading platform is under no duty to replace your shares with the Sipc insurance. Sipc insurance only covers the final hold up of the share.

Basically, that means whoever's actually borrowing your shares and on top of that is Hermes Mama Tweeted She said from her latest chat with TD Ameritrade if your Shares are on loan you get no vote and AMC also doesn't get to see your information as a shareholder. She asked TD Ameritrade saying if my Shares are on loan are they reported to the issuing Institution for proxy voting purposes and as Katharina replied she said sorry for the wait. If your Shares are being lent out then you would not receive a proxy vote again. I Think it's definitely worth double checking to make sure that your Shares are not England out.

Even if you did receive your proxy vote and then started lending out your shares, your vote may not actually be counted. So therefore, for the fact that you don't receive Sipc insurance and the fact that your vote is not being counted I Definitely think it's worth double checking to make sure your securities are not being lent out as the old saying in crypto goes, not your keys, not your coins. Basically saying that if your Shares are being lent out, they're not really your shares anymore. And guys, be sure to join me over on moon with a sponsor of today's video by signing up using the link in the description below.

you can currently get up to 17 free stocks with MooMoo entirely commission free trading Free Level two Market data and best of all MooMoo is very easy to use and has tons of technical indicators and advanced charting tools. And with MooMoo as well you can get free 24 7 customer support and you can also trade around the clock with full extended Market hours. And as Ferry tweeted he said he believes this is the final straw for interest. the Brokers he said pedophy is obviously desperate and prior to this statement, he did hear gossip that they were lending without your permission.

Anyway, we know that Thomas Petty looked very uncomfortable in his recent interview in Thomas Peterbeers. Obviously the Chairman of Interactive Brokers, We can clearly see that considering Interactive Brokers are implementing this new user agreement, they're clearly desperate for your shares. whether that's to lend out to short sellers, for them to short the stock down further, or whether they want to vote with your shares. I don't know the answer, but clearly Interactive Brokers right now is desperate and this also comes at a very interesting time when Kevin Malone believes that he's finally figured out Ken Griffin he tweeted singing the Madoff Docker series the Reporter for Barons goes.

When they said Bernie's fund was up in 2001, when every other investment fund out there was down, he said he knew something was off. basically saying that when the report of a Barons heard that Bernie Madoff was making money in 2001, when everyone else was losing money, he know that Bernie must have been fraud. Which is obviously very interesting because Ken Griffin said that I was one of the only hedge funds to set a profit for last year and not just a set of profit, but they actually set a record-breaking profit or a record-breaking profit. And this article says that Ken Griffin's hedge fund Citadel is up again in 2023, following a record year.

Clearly somehow, Ken Griffin is the only hedge fund manager to be making profits in 2022 and 2023.. it's likely because Ken Griffin is potentially cooking his books to appear more profitable than other hedge funds because he's desperate for more cash. And as unusual, I was tweeted, it seems that Citadel actually charged their clients 12 billion dollars in fees and expenses in 2022.. I Can kind of understand why many of these Citadel clients are desperately trying to pull money out of their fund.

to the point where Ken Griffin had to limit withdrawals Ken Griffin is basically tied all of his clients money up in positions that he can't escape from. And now he's charging them 12 billion dollars a year in fees for effectively locking up his client's money. His clients likely know that Ken can't close out of his positions out of these giant illegal short positions. they can't even really get their money out, and he's also charging them crazy fees to do so.

Finally, a stock since Frank tweeted we're also seeing once again and Tara is doubling down even more on their AMC shares by purchasing yet another 4 million shares of agency. and Tara clearly also believes that many of these hedge funds and trading platforms like interactive brokers are screwed. and that's why they're buying up more AMC shares. Again, it seems crazy interesting that we still own 80 or 90 of the flow.

But yeah, Antara can still go out there and buy up tens of millions of AMC shares. That's obviously because these infinite liquidity fairies are just creating more shares for these funds and for us retail investors to buy up in the long run. Though I do think this is good because these infinite liquidity fairies are effectively just digging themselves an even deeper hole. and it seems that Antara has picked up on that as well as they've yet again just exercised another Total return swap to buy up an extra 4 million shares and Tara is therefore clearly even more preparing for the coming AMC squeeze.

But guys, be sure to let me know what you think down in the comments below. And as always, guys, be sure to ding that notification Bell because that way you'll be alerted when I Put a new video Cheers!.