Today I Want to talk about how the EMC settlement has just been approved? That means the lawsuit is now resolved and the conversion and reverse split can happen within 10 business days. I Also want to talk about what's likely to happen to AMC as a result of the conversion and split. So stay tuned and let's make some money. and now I'll drive straight in with the key information.

So Investor: Turf tweeted saying breaking news AMC Entertainment Settlement has been approved by the court, it says under the head. In conclusion, for the foregoing reasons, the proposed settlement is approved, Plaintiff's council are awarded a 12 fee award and plaintiffs are awarded a 5 000 incentive award out of the council's fee award as well. Now, interestingly, that still means the plaintiffs have to pay 88 of their legal fees, the remaining 12 being covered by the defendants hanging. C So that still means those plaintiffs AK Allegheny that hold a few thousand dollars worth of Aims shares still have to pay well over four hundred thousand dollars worth of legal fees.

But I don't want this to be a video speaking about how the plaintiffs were obviously paid by the Shorts to bring this lawsuit against. AMC I Want to talk about the settlement approval and what's likely to happen as a result. Maybe we say Tom Massive Panic AMC is down in the after hours just moments after the lawsuit settlement has been announced. Now guys.

I'm gonna say something that may shock you quite a lot and that is that the AMC price, believe it or not, is manipulated when the price of AMC went up down, left or right after that settlement approval announcement. Either way, it was going to be manipulated whether it goes down and then comes back up Monday morning or it goes up and then comes back down on Monday morning. Either way, it doesn't matter because at these low prices, the price of AMC is manipulated. But I Want to talk about some common beliefs or some common well-knowns about the age? C price.

So obviously the Shorts have created more and more synthetics over the last two years to push the price down if they push the price down further from its current position like they're doing in the after hours trading. That just means to me, but they're creating more synthetics. I've even got a screenshot that proves that I'm going to touch on later on in the video. But first, let's get back to our well-knowns So Shorts have created more synthetics to push the price down and if they continue pushing the price down today, Monday Tuesday Wednesday or Thursday That just tells me they're creating even more synthetics.

And obviously when those shorts close out of those newly created synthetics created today Monday Tuesday or yesterday, that means the price of AMC will go up and obviously closing out of those old synthetic shares from 2021 2020 and before when they eventually closed them or when they're forced to close them, it will cause the squeeze to me whether the price of AMC's three dollars, five dollars, ten dollars, four dollars, eight dollars, or thirty dollars, the price to me does not matter. There's only two prices of AMC that matter to me. the first price is below a dollar akd listed from the stock exchange or zero dollars if AMC goes bankrupt and the second price that matters to me is price is over a thousand dollars. where I believe the squeeze is.

To me, the only two prices that matter are bankruptcy or squeeze. Anything in the middle is to me, just manipulated nonsense. So to me, when the price is five dollars, three dollars, ten dollars, six dollars, thirty dollars or anything in between, it doesn't really matter. All that matters is when the Shorts get financially stressed and forced to close out of their short positions including the synthetics causing the squeeze.

Or on the other hand, if AMC somehow went bankrupt which I don't believe is on the horizon. Guys, you can currently get a guaranteed Tesla a 50 cash reward and up to 15 free shares which you could always use to buy more shares of AMC GameStop or of Ape when you sign up to MooMoo Using the link in the description below, all you have to do is make a required qualifying deposit. Rumor is free. It just requires that temporary qualifying deposit and it's a really great way to help support the channel and to help support me as well.

And on top of that, Muma is very easy to use. They've got tons of technical indicators and advanced charting tools and their own options trading platform. As investor Turf tweeted, they said when engaging in naked shorting of a company, remember that they're driven by the belief that they'll evaded the consequences. Their hope lies in the company going bankrupt without any repercussions.

The only way the Shorts win is if AMC goes bankrupt and gets delisted and they never have to close out of those short or synthetic short positions, they can leave their trade open forever, taking those unrealized profits and drawing loan on those unrealized profits, which they can then use that money to invest into new business ventures. So that is why any kind of price in between bankruptcy and squeeze to me doesn't matter, especially as we know that AMC is not going bankrupt and the Shorts will eventually face repercussions when they're margin called and liquidated. Especially as Skyler tweeted, he said AMC accounts for less than 0.00025 of the total market capitalization of all publicly traded companies in the United States AMC's two to five billion dollar market cap is a tiny tiny fraction of the total 50 trillion dollar U.S stock exchange. But still, even though AMC is 0.000025 of the total stock market capitalization, it accounts for 10.3 percent of the entire industry's revenue from lending security cities.

These huge institutions like Vanguard and BlackRock are making hundreds of millions of dollars lending out AMC shares. and not only does AMC account for 10 of the entire Market's lending fees, I Imagine AMC also accounts for at least 10 percent of daily ftds in the entire Stock Exchange stock market on those days when AMC racks in 14, 15, 20, 25, 30 million ftds in a singular day compared to stocks like Apple Tesla Nvidia and others only racking in a few hundred or a few thousand ftds on a daily basis, AMC must account for a massive portion of the total markets ftds. We know something is majorly majorly wrong with the trading in AMC and as I made a video on it yesterday, Adam Aaron is also aware of something that is very, very wrong, as is the New York Stock Exchange and Finra, and potentially higher up agencies. Adam Aaron just cannot yet discuss it due to legal reasons.

Obviously if there's an ongoing investigation as Adam Aaron said, he cannot discuss what's being found, so therefore it's only a matter of time until the Shorts receive their just dessert and end up with repercussions and end up being margin called and liquidated causing the squeeze Now Bam! Investor also tweeted saying something that looks completely manipulated and corrupt or wrong about this after hours AMC price action he said I would not be surprised if AMC opens even higher than its current position on Monday morning and Spencer also tweeted saying when Adam Aaron announces conversion, he believes it's Moon time. Remember the only news we've had today is the agreement or the acceptance of the AMC settlement and the resolution of the AMC lawsuit. Adam Aaron has not yet formally announced a date for conversion and the reverse split. We just know he can do it as soon as 10 business days and Spence believes that when Adam Aaron announces that conversion and the reverse split, then it's Moon time.

And that's when Spence says then everyone can get their money back. Potentially Spence is hinting about the squeeze as I spoke about earlier. Dave Murphy has just tweeted this screenshot of another NYC order balance for AMC on the buy side. We can see this time an even larger order imbalance of 137 000 shares of AMC on the buy side, causing this order imbalance.

Okay, there is zero AMC shares in the entire Market available for sale, but someone wants to buy a hundred and thirty seven thousand shares. Likely this is where Citadel and Ken Griffin or Doug Seafood and Virtue step in with their infinite liquidity variabilities and fulfill that trade. Even though there's zero shares available, they're somehow gonna magic up 137 000 shares to fill that by order. AKA create another 130 7000 synthetics digging their hole even deeper.

Now something else I also wanted to talk about and warn you about is this tweet about Robin Hood investor Turf tweeted saying breaking news Robin Hood wins its case over AMC and GameStop stock halts they said with a 3-0 ruling the 11th U.S Circuit Court of Appeals in Atlanta determined that Robin Hood's regular customer agreement explicitly permitted the limitations and did not imply that Robin Hood would approve all trading orders. Now some of you may be confused as to exactly what that means, but the courts have basically decided that Robin Hood did nothing wrong when they stopped trading of AMC and GameStop back in January of 2021 when they did not allow you to buy shares of AMC or GameStop of course decided Robin Hood did absolutely nothing wrong. Now obviously I believe that is corruption, but actually it gets worse if you're still use using Robin hurt Unusual Wells tweeted saying with all these potential squeeze plays, remember the findings from Robin Hood's S1 Now it says for example, from January 28th to February 5th 2021 due to increased deposit requirements imposed by the Nscc, we temporarily prevented our customers from purchasing certain specified Securities That resulted in negative media attention and required us to raise capital in order to lift the trading restrictions. and Robin Hood said in their S1 we cannot assure that similar events will not occur in the future basically saying Robin Hood reserves all right to Halt trading again in the future, even in stocks like GameStop and AMC And therefore, if you aren't ready, please do get out of Robin Hood and sign up to a different trading platform.

Obviously I really like MooMoo and MooMoo is also a great way to help support the channel and help support me as well. Obviously, you don't have to use MooMoo I Just advise using a platform that is not Robin Hood at all costs because Robin Hood reserved the right to Halt trading in AMC and GameStop again. and maybe next time they may not just turn off the buy button. They may even turn off the sell button too.

So if you still want to be able to sell your shares during a squeeze, I Advise using a platform that is not Robin Hood maybe MooMoo. 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!.