Today I Want to talk about how the shorts are on their last legs? They're down over 175 billion dollars. so far this year they're using Zombie Pump stocks to meet major requirements and now they're even trying to delay the reverse split to try and survive just a few more days. So stay tuned and let's make some money. And now I'll drive straight in with the key information.

So Frank tweets saying breaking news: Short sellers have now lost 175 billion dollars this year. It's A Short Sellers have now lost more than 175 billion this year according to the latest data conducted by Financial analytics firm. S3 Partners According to data from S3, only 30 of every shorted stock trade was a profitable trade for investors this year. Many economic experts anticipated a recession to hit the United States during the first quarter of 2023, which led many to believe the bear Market would linger.

but 20 23 especially so far has proven the Bears wrong. Investors have piled into tech stocks and growth stocks and smaller meme stocks through 2023. both sentiments being Ai and relaxed Financial policy have helped the S P 500 and NASDAQ 100 to Surge about 17 and 39 this year, respectively. Short interest in stocks including Nvidia Meta and Tesla and in growth stocks like Upstart, Carvana, Coinbase, and many others have proved to be the least profitable shorts for Traders In June, Ortex reported that short sellers had lost as much as 37 billion dollars that month alone, and as a result in total Shorts and now down over 175 billion dollars this year and potentially even more.

worryingly for these hedge funds or for these shorts is that some short sellers have been adding leverage to their short positions. Obviously, any hedge fund adding even more leverage is just setting themselves up for even more losses. as this bull market or as this current upward Trend continues. and obviously, especially if some of the other meme stocks like AMC, GameStop, Ape and others end up running, it could end up spelling disaster.

And as I'm about to explain through the rest of this video, it seems the shorts are already on their last legs, already trying to pull out all of the stops they possibly can to meet margin requirements and avoid liquidations for just one more day. And it seems Biotech Moose has discovered exactly why that Allegheny retirement system started this lawsuit against AMC He tweeted saying why is Allegheny retirement fund holding 837 AMC shares suing for losses Obviously, 837 shares currently is only worth a few thousand dollars and AMC's Peak valuation was only around sixty thousand dollars. So why would they spend half a million dollars in legal fees to sue AMC for losses? Well, he said I took a look at their 2022 annual report and here's what I found: Allegheny is suing AMC to protect its largest portfolio positions who are likely shorting AMC or profiting from lending AMC shares. If you look at Allegheny's largest portfolio positions worth hundreds of millions of dollars, you've got Amazon You've got Gridrion and you've got BlackRock With a weighting of three percent of their entire portfolio worth over 45 million dollars, it's Amazon a top weighted stock in Allegheny I've made many videos in the past of how Amazon wants AMC to go bankrupt to improve their streaming services and potentially to take over physical theater locations for the exact same reason that Amazon wanted Toys R Us Sears Bed Bath and Beyond GameStop and many other physical store retailers to go bankrupt.

They all also want AMC bankrupt too. And if AMC did go bankrupt, it's likely Amazon's Prime streaming service would increase significantly, making Amazon worth significantly more. Many of Gregorian's employees previously worked at Credit Suisse and obviously Credit Suisse had a large AMC short position. It's likely Grid Reun did not want Credit Suisse going bankrupt for their toxic Shore And finally, BlackRock is making millions and millions of dollars lending out their aims he shares at a thousand percent cost to borrow fee likely happening every single day.

The longest lawsuit drags on and the longer the squeeze takes, the more money BlackRock makes from lending out those shares. and obviously the more Amazon stock price increases, the more Grid Run increases as well. And the more Blackrock's ETFs increase as well means more money for Allegheny Allegheny isn't suing AMC for its losses on their AMC long position, their suing AMC to protect and inflate some of their largest portfolio positions and also especially when you think that some of their largest positions in their entire portfolio being Apple Microsoft Amazon and Tesla if the market did end up crashing during an AMC squeeze, their portfolio would decline significantly. Therefore, they're effectively trying to delay The Squeeze to prevent their entire portfolio from plummeting.

And as soon as tweeted, it's potentially possible that Judge CERN is delaying her ruling, potentially for the same reasons if she, personally or potentially through her husband's company, holds tons of long positions in the market. She obviously does not want a market crash, Therefore, she obviously wants to try and delay The Squeeze to avoid that crashing market. So it seems because the shorts have lost so much money this year and the fact they are on their last legs, they're trying to delay the reverse split and delay the sweets further, especially because we also know they're using zombie pump stocks to try and meet margin requirements. This is something we saw a lot of last year with new Chinese IPOs, but it seems to be reoccurring again in a few new companies.

The day before AMC's earnings were released, the ever Grande stock was pumped over 2 400 in One Singular day and now after AMC's volatile period and after the earnings have been released, ever Grande just saw a 96 drop. Okay, they used that liquidity Hedge for AMC's earnings results. As you can see from this chart, Ever Grand ran from a fraction of a penny up to a whole Penny and then a day later fell by 96 and as I went through in a previous video Sky constant Century Incorporated also Rose to thirty thousand dollars per share in the OTC markets. and then just a few days later fell back to a dollar per share.

So again, that's two separate liquidity pump plays being made, both around AMC's earnings or within a few days. So it seems these shorts are becoming more and more desperate to meet their margin requirements with the zombie pump stocks. Obviously, they're being more desperate to meet these margin requirements because they've already lost 175 billion dollars so far this year. An incredibly Charles Payne also tweeted saying I've been screaming this for a while Washington DC is brought and paid for by Silicon Valley I Personally agree, but also disagree with it slightly because I do believe Washington DC is bought and paid for not necessarily by Silicon Valley although I'm sure they do chip in, but majority by Wall Street Charles Said: it's a real shame and it's also a real crime.

We know the SEC Finra, the Dtcc, and potentially even higher up acronyms. apartments are brought and paid for by Wall Street They're brought and paid for by Citadel by BlackRock and many other funds, institutions and market makers as well. But interestingly on the flip side: Franco Situity saying: don't forget what the Department of Justice said back in May You may remember this article that says U.S action on short sellers is likely due in the next few months from a Department of Justice official. They said short selling the practice of seeking to profit off bets that a stock will fail is a key Focus for U.S prosecutors and there will be more activity by the Justice Department in coming months.

Now at the Department of Justice official said back in May action would likely happen in the next few months aka the next three months. That ends us at the end of August. Therefore, potentially in the next few weeks we're likely to see more action from the Department of Justice against short sellers. Obviously I don't know which specific day or date this action will be announced, but the Department of Justice just said in the next few months and obviously said that about a few months ago.

Obviously I personally would love to see more action from the Department of Justice and exactly what kind of action they end up bringing. Obviously, the SEC tends to just dish out fines and doesn't ever do anything more, but the Department of Justice has more power. Therefore, it would be interesting to see if anyone ends up going to prison as a result of manipulative Short Selling. But guys, be sure to let me know what you think down in the comments below.

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