Today I Want to talk about how Bed Bath and Beyond requested that full shareholder list from every Bank broker and depository service with a court order. I Also want to talk about how Citadel is in big trouble, so stay tuned and let's make some money. and now I'll drive straight in with the cube. Make sure! So Lone Wolf tweet is saying at the end of April Bed Bath and Beyond served every Bank broker and depository service with a court order requiring them to reveal the beneficial holders they're acting as nominees for.

Previously we had that 64-page list showing all of the individual Banks, Brokers and depository services and all of those DRS shareholders and the shares that they're holding. but they both and Beyond has gone one further to request a full list via core order from each of those depository Services Banks and Brokers of all of the individual shareholders and how many shares they hold. Now the way they did that is, they issued this letter from Crow restructuring, Administration LLC in the course and obtained that following course that says at the end of April At my discretion and under my supervision, employees of Crow caused the following documents to be served by the methods set forth on the equity Holders Service list. This is supposed to be a memo about hearing procedures for certain transfers of common stock and preferred stock that needs to be issued and provided to each individual shareholder.

NG America tweeted saying they're compiling this list since they already know that 348 million shares have been naked sold to retail. Obviously, the Bed, Bath and Beyond float is around five or six hundred million shares, but we knew the DTC alone or see it in code specifically held at least a billion Bed Bath and Beyond shares and therefore Bed Bath and Beyond have issued this court order to obtain a list of each individual shareholder and how many shares they hold not just the list of banks Brokers and clearing houses or clearing services and how many shares they hold, but to go directly to source. And he's added saying when the court order comes down to force a share buyback of all of those synthetically sold shares, that will initiate the mother of all short squeezes. and when news of a possible merger is announced, Shorts will be annihilated.

Now Obviously, right now, we don't know if Bed, Bath and Beyond is going to merge with any of these companies or interested parties. But what we do know is that if the courts do enforce this forced buyback of synthetic shares, it would cause the squeeze. And obviously I Suppose if Bed Bath and Beyond does end up squeezing, especially to a significantly higher price, it would end up liquidating Bed Bath and Beyond The Shores, which are likely also the same hedge funds and the same companies that are also shorting AMC at GameStop. So obviously if these Shorts get squeezed out in Bed, Bath and Beyond and end up being liquidated, it would also subsequently trigger the mother of all short squeezes in AMC and GameStop too.

While I do think we should try and ensure that AMC enforce this same court order to obtain the same full list of shareholders for AMC individual shareholders, it may actually not be necessary if Bed Bath and Beyond ends up squeezing first. Obviously, depending on how long this court order takes to push through and for the full shareholder list to be obtained and for this forced buyback to be enforced I Do think it's still best to obtain the same documentation for AMC as well, because obviously this could be something that takes a week or two. Or knowing these hedge funds, they're likely to try and drag it out as long as they possibly can. But interestingly, Citadel is having a pretty tough time as well.

Citadel has just sued a crypto firm alleging that former Executives stole Trade Secrets It says Citadel Securities is suing high frequency crypto trading firm Portofino alleging to former executive stole Trade Secrets as they tried to raise money and launch their startup. The two co-founders of Portofino Technologies allegedly accessed Sidel's proprietary information during the development of their firm. It says Citadel wants to put them on trial to determine monetary damages and potential restitution. or more likely, Citadel just doesn't want their fraudulent Secrets out in the open.

It will be interesting to see if these two co-founders did actually steal any Trade Secrets or if Citadel is just trying to keep them quiet. Also, guys, be sure to sign up to move with a sponsor of today's video by using the link down in the description below. You can currently receive up to 15 free shares entirely commission free trading Free level 2 Market data and most importantly of all, MooMoo is very easy to use and it's very clear and concise. Now Interestingly, the Ape of Spades is also tweeted saying: Apes I think it's starting to get really real right now on Wall Street He said Citadel a company that claims record profits just started layoffs at the end of last week.

He said not sure if it's public yet but I know people don't correctly impacted here. we go hold on tie now. Obviously, while at the moment this is trust me, bro information I do want to update this in a few weeks time to see if Citadel really is issuing these layoffs. If Citadel is supposedly generating such significant profits, why are they implementing such significant layoffs? The Ape of Spades tweet is saying it was a salary range layoff AK Basically saying that all people of a certain level like all Citadel managers have just been laid off again.

As I said, right now, it's trust me bro information. but I do want to update this in a few days or a few weeks time to see if those layoffs are actually true because if they are true, I would imagine that things Citadel are significantly worse than they may seem. Now, the SEC and unusual Wells have clarified saying that a plan from the SEC gives clearing firms new powers to make intraday margin calls and they've said and specified this as a specific response to the GameStop and AMC 2021 trading and Hoops It would be interesting to see exactly how these clearing firms actually Implement These intraday margin calls obviously I'm sure Citadel specifically probably won't issue any margin calls, but don't forget to Citadel aren't the only clearing firm out there. but I would also imagine that if Citadel are seen not to be issuing margin calls and letting people off, they may fall foul of other regulations too.

And therefore, it effectively be very, very interesting to see Citadel effectively swallowing up other hedge funds and bankrupting them, effectively bankrupting their own kin through margin calls. Especially because as I mentioned in my video yesterday afternoon or yesterday evening, margin calls are very much a real thing and have very much been happening because Carl Icanner was recently margin called for around nine billion dollars now suspended POS tweeted saying the US is close to defaulting, yet the S P 500 is propped up and using fake money to keep shorting AMC down. He said the power of having computer systems with rigged software you can accomplish anything right again. it's KK GB Kitty tweeted You can see this clear separation between the NASDAQ and the U.S 10-year real yield inversion through 2021 and 2022.

The year inversion very much followed exactly what the S P 500 and the NASDAQ was doing. But since pretty much the very end of December 2022, at the start of January 2023, there has been this clear suppression where the market has been pumped higher, the NASDAQ and the S P 500 has been artificially manipulated higher to try and stop hedge funds from defaulting and being margin called because they know if more and more hedge funds end up being margin called, they'll be forced to close out of their AMC short positions causing the squeeze. And therefore they're trying to artificially prop up the NASDAQ and the S P 500 to stop it from falling further and to stop these hedge funds from losing more money. But what it really means is that when this separation finally comes to an end, the NASDAQ and the S P 500 has significantly further to fall.

the U.S debt default is now just effectively days away, and yet the NASDAQ is still setting new yearly highs. What we're seeing at the moment is that clear separation between logic and the market, because obviously the market can remain irrational longer than most people can stay solvent. But obviously, when that irrationality in the market comes to an end, everything comes crashing down very, very fast. So guys, be sure to let me know what you think down in the comments below.

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