Today I Want to talk about how Bed Bath and Beyond was illegally manipulated into bankruptcy? I Want to explain why Bbby was shorted in this way, Who actually stood to benefit and who actually did the shorting? So stay tuned and let's make some money and I'll drive straight in with the key information. So first, let's talk about what kind of impact that illegal shorting had on the Bed, Bath and Beyond stock You can see over the last five years. Bed Bath and Beyond is down from twenty dollars per share to just 18 cents per share a fall of over 99 over the last five years now. Obviously, during 2021, Bed Bath and Beyond hit highs of around 35 per share.

so that's a significant decline from 35 down to only 18 cents. But where it really starts to become clear is when you look at what kind of impact that had on the Bed, Bath and Beyond market capitalization, you can see Bed Bath and Beyond with its current 18 or 19, Cent share price has a market cap of just 84.4 million dollars. If you rewind back to the peak of 2021, Bed Bath and Beyond had a price of around 36 dollars per share. So that's a market capitalization of nearly 17 billion dollars.

That means that whoever buys the assets of Bed Bath and Beyond has just received a 16.72 billion dollar discount. Now that'll all come clear over the next few minutes now. I Personally, I'm pretty chuffed if I go to the shop and I see something on a 10 or 25 discount. If it's buy one get one, free or 50 off, I'm pretty much guaranteed to purchase.

but if I was offered a 99.99 discount, that just seems almost too good to pass up. and that's likely what some lucky purchaser is about to receive on Bed Bath and Beyond a 99.99 discount from 16.8 billion dollars to just 84 million dollars or even less. Now you can see chaotic good. Just tweeted saying that Overstock.com has just offered 21.5 million dollars for Bed Bath and Beyond Now I Personally think this is why short sellers like to work with big businesses to a legally short genuine American companies for a massive massive discount for that buying large business.

Let's say there's a company that wanted to buy out Bed Bath and Beyond instead of paying 16.8 billion dollars, they can just engage their friend, the synthetic illegal short seller. Get them to crush that buying opportunity company and you can buy that company for rock bottom prices. Now I'm not saying that Overstock is working with short sellers to crush Bed Bath and Beyond I Want to explain who I think the true purchaser will be in a little while, but this article says that Overstock.com has just put in a 21.5 million dollar bid for some of Bed Bath and Beyond's assets including its intellectual property or IP Business Internet and mobile properties and all business data. This comes after the bankrupt retailer.

sort Chapter 11 protection in April following months of failed turnaround efforts and bankruptcy warnings. If the bid or a bid goes through, all Bed Bath and Beyond stores will be closed for Good and the bid only includes certain assets and liabilities excluding brick and water stores. So I think the true purchaser of Bed Bath and Beyond is some kind of very large internet retailer that maybe has a record or is known for working with Shorts puts this very large online Internet retailer instead of paying 16.8 billion dollars for Bed Bath and Beyond just simply hit up their old friend, the illegal naked short seller. ask them to crush Bed Bath and Beyond into the ground so they could buy up for a measly 20 million dollars.

As I said, I don't think that it is Overstock But let's continue reading this article is this: Overstock.com has been selected as the stalking horse bidder for the intellectual property behind Bed Bath and Beyond's namesake Banner giving them the ability to get the first bid on Bed Bath and Beyond's remaining assets. As it says, Overstock is just simply the stalking horse bidder getting the first bid, it doesn't mean Overstock will be getting the final bid. I Think actually that's going to be someone else. So which large online retail company do we know that has known Lynx short sellers? Well check out this photo of Jeff Bezos and Ken Griffin.

Obviously Jeff Bezos owner of Amazon has a very close relationship with Ken Griffin of Citadel Securities known potentially for synthetic Short Selling And it says here the Bed Bath and Beyond bankruptcy creates a five billion dollar opportunity for Target or Amazon maybe Jeff Bezos Hit up his old pal Ken Griffin asked him to synthetically short Bed Bath and Beyond into the ground to generate a five billion dollar opportunity for Amazon and to give him the opportunity to buy a relatively successful business for pennies on a dollar. It's the liquidation plan of Bed Bath and Beyond leaves a long-term prize of about five billion dollars in annual revenue for competitors. We believe that we're entering a new phase of retail industry consolidation that Target Walmart and Amazon will be long-term share beneficiaries. The liquidation will accelerate market share gains that Rivals have been grabbing for years at Bed Bath and Beyonce expects.

We know Bed Bath and Beyond still generates more than five billion dollars in Revenue. So that's just an extra five billion dollars in revenue for Amazon generate. And as I said at the start the video, I Believe this is one of the main reasons why genuine American companies are shorted into the ground. It's to give other larger businesses an opportunity to buy these victims for pennies on the dollar.

and the reason why I Know that this won't happen to AMC and the Bed Bath and Beyond is just simply the sacrifice is because AMC is now running comparable to the entire previous decade with a hundred plus less movies. Angela tweet is saying I'd Imagine, had there been the same amount, we would have crossed three billion dollars in Revenue at the box office already. we can see current quarter 2023 sales are already at 2.1 billion dollars for the quarter in line with 2017 2016 And before even the box office has already generated this massive Revenue inflow, the number of theatrical releases is only 175 films down from 288 or 269 296.. AMC is currently running Parable to 2017 2016 and before with significantly less releases generating on average, significantly more revenue.

And as AMC continues to not go bankrupt and as shorts continue getting squeezed in a wider Market on their Tesla Nvidia and other short positions, AMC just effectively gets closer and closer to squeezing. And now speaking of which, I think I figured out why Finra and the SEC have spent so long doing absolutely nothing on the illegal AMC Manipulation Huckleberry Tweet is saying what is a conflict of interest? Look like he said what if I told you that the two Global investment superpowers BlackRock and Vanguard are currently managing the Finra's retirement and savings plans two plus billion dollars with Vanguard and 644 million dollars is being advised and invested with BlackRock At this point, it really wouldn't surprise me if Finra and the SEC even had part of their retirement benefit plans even invested into Hedge guns like Citadel and that would then obviously make sense as to why Finra and the SEC don't pursue Citadel Because if they pursued Citadel and found out about the crimes and had to shut down Citadel As a hedge fund, this retirement system would effectively lose tons and tons of money. Finra and the OTC is effectively being negligent in their duties and not performing proper investigations into companies like BlackRock, Vanguard and Citadel simply to protect their retirement savings plans. Now, obviously, I'm not here to say whether that's right or wrong.

Obviously, genuine employees shouldn't lose their entire retirement savings just because their company AKA Finra oh yes, you see, invested the pensions into the wrong hedge fund. But at some point I do believe that Justice does need to be served against these illegal, manipulative hedge funds just like Citadel And that's obviously why Finra and the SEC don't want AMC for squeeze because BlackRock and Vanguard would lose tons and tons of money in the resulting Market crash, effectively leading to Finra and SEC employees losing their retirement pensions. You can see here: the Finra Savings Plus Plan has its Investments invested directly into Vanguard and the next screenshot Again, the Finra employees retirement Plan has those assets invested into BlackRock. Obviously, as I said, this isn't the full screenshots and it isn't all of those retirement plans all combined into one.

So it really wouldn't surprise me at this point if they even have some of these retirement plan pension monies invested into. Citadel I Spoke the other day about how Gary Gensler is about to be fired, which I personally believe would be good for the market as it means the SEC would actually get something more done with no Gary Gensler at the helm and with no Hester Pierce at the helm either. Effectively Market Manipulation would likely come under more scrutiny. However, I do also see the other side of the argument and maybe Warren Davidson is trying to oust garagenzler because he's finally doing something against these shorts.

And something that maybe supports that theory is the fact that Doug Sifu is actually supporting Warren Davidson in his attempt to fire Gary Gensler Obviously Doug see through the CEO of virtue Financial is one of those names that crops up as a frequent short seller and potentially a legal short seller of AMC. And therefore, if CEOs like Doug Sifu and Ken Griffin are for Gary gensless firing, maybe that means that Gary Gensler is actually starting to do something and pose a threat to the short sellers. finally stock. Since Frank has tweet today Federal Reserve alert the Federal Reserve board announces that results from its annual bank stress tests will be released on Wednesday June 28th.

That means that on June 28th, we will finally see exactly which banks are likely to go bankrupt over the next few months and which banks have been failing the stress tests. Now that should be interesting as it'll effectively show us exactly which Regional banks are next in line to collapse and also if any mid-sized or large banks are at risk of collapsing, that's where. So again, we can effectively use that to figure out when the next bank is likely to collapse if it's only a few days away. or maybe a few weeks or a few months away, which should obviously lead into the next leg down of the market crash.

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 upload a new video. Cheers!.