Today I Want to talk about how the Shorts are trying to sue AMC into bankruptcy, trying to drain their cash and hope that retail investors sell their shares so they can escape their short positions with only somewhat minor losses. So stay tuned and let's make some money. And now I dve straight in with the key information. so you may have seen this new article from NFD of an AMC Entertainment Retail Investor kicking off her appeal.

the appeal is of a settlement converting the company's ape Prof units into common stock and as I said, this is a new article from December 4th, 2023. So this is a new article and a new lawsuit. with the AMC AP catastrophe in its crossair, a settlement appeal begins saying an AMC retail investor kicked off her appeal of a settlement converting the company's eight preferred units into common stock. saying the pension fund that negotiated The Pact colluded with AMC to sell out ordinary shareholders.

So it says investor Rose ISO who spearheaded an effort to derail the deal over the summer, filed her opening brief with Delaware's Top Core, trying to get judge Z's ruling overturned, allowing AMC to proceed with the conversion and reverse split. I Want to remind you that without this reverse split, AMC would currently be trading for less than $1 per share and it would have been doing so for over 90 days and it would have been delisted from the stock exchange. AMC Right now without the reverse split would be in the exact same position that Bed Bath and Beyond stock was before it was removed trading for less than 1 cent per share Or it be trading for the same price that Blockbuster is trading for 1 cent per share and doing so for years and years on end. This is because in the over the counter market on those Pink Sheets, retail investors really don't have access to that market and there is no volume whatsoever.

I've explained why I'm not not a fan of dilution multiple times on the channel, but I really do believe that without the reverse split, we'd be facing the same reality as Bed Bath and Beyond and Blockbuster. Let's also remember, as Mike tweeted, he said roseo, an investor with something like 50 shares is backed by four Wall Street law firms. In this case, he said, who's footing the bill Can it be He said who's footing the bill Can it be any more obvious what's going on It says here: ISO is represented by more grave Law LLC and Hurin Faras and Katila LLP And on top of that, four additional law firms are also Council For the lead shareholders, an IC assistants added saying here's the: Scoop it's all part of their short and distort Playbook Designed to work in unison with all the other short and distort mechanisms, saying all fronts work in unison with each other. Keeping a lawsuit always looming is a key factor factor in this saying.

Adding the mainstream media feeding negative article after negative article and social media sentiment Bots Parading as investors, these Bots are trying to FUD Adam Aaron to have investors turn on him and unwillingly have him replaced with an Insider that assists with bankruptcy, we know that Adam Aaron will not allow AMC to go bankrupt. offered bankruptcy multiple times over the last few years, declining it in every instance. If anything, Adam Aaron has done the exact opposite, making AMC profitable, making it cash generative, and improving revenues too with Adam Aaron AMC will never go bankrupt. That's why the Shorts only play here is to get rid of Adam Aaron and force him to step down and replace him with an Insider to bankrupt AMC And that's because the Shorts are trying to trick retail investors all the way.

As I've said, I Really do believe that with Adam Aon at the helm, AMC will never go bankrupt. It will just continue increasing revenues, increasing profits, and increasing cash flow. That's why the Shorts have realized their other tactics aren't working begging retail investors to sell, or trying to convince them to sell. And the only way they can win is to get rid of Adam Aaron and replace him with an Insider to bankrupt.

AMC You may have also seen all of these profit screenshots in many of my recent videos. You may want to join the millionaire mindset. Trading Group but you're also not sure if it's too good to be true, but remember that I offer a guaranteed refund if you don't make any profits in 30 days. So that way you could join the group, you could experience it.

You could try your hand a few trades and if you don't make any profits, you get that guaranteed refund and you get every penny back. But today alone we had Jake making his first trade since he joined yesterday, making $100 in just one trade in just a few minutes. Rer had superm making 22% on an S&P 500 call option which he did sell early, but he locked in those gains and did not allow those gains to turn into losses. We also had R again locking in gains and not allowing those gains to turn into losses.

Only a small gain, but any profit is profit. So guys, be sure to join the Millionaire Mindset Trading Group using the link in the description below with that 100% guaranteed refund. if through educational videos and trade ideas don't help you to make a singular profitable trade in 30 days. And why the shorts are trying so hard is because as Kevin Malon has tweeted GameStop short sellers have lost $1.5 billion in just 5 days, The AMC cheerleader added to say let the losses begin.

Obviously these short sellers losing cash not just in AMC but Across The Wider Market Too, losing $80 billion in the last 2 weeks alone has got these short stress. They're trying to do everything they possibly can to force AMC into bankruptcy, including spreading additional fud on GameStop too. You may have seen Investors.com recently posted this article saying it's now basically official mem stocks as a phenomenon are dead and obsolete. They said they're just one type of investment that won't live to see 2024, Which as I said is ironic as Gamestop is up 20% in the last few days or over 20% in the last few days causing $1.2 billion dollar in losses to short sellers.

Again, it's just the typical mainstream media trying to spread as much fud as possible to dissuade you away from your Investments. As Keith McCulla has tweeted, he said they don't think it's illegal if they all join hands and do it together. The fact these shorts are all working together to try and bankrupt a genuine American company or genuine American companies is disgusting. And finally, the C L A tweeted saying hedge fund crowding in US Stocks just hit a record high.

Same, the typical hedge fund currently holds 70% of its positions in the top 10 stocks. This comes as the S&P 7. The seven largest tech stocks are at more than 20 times as much as the S&P 493 in 2023. You may have seen this article about how Citadel and its peers are piling into the same trades and Regulators are taking notice and even Ken Griffin is a little worried.

All of these hedge funds have been piling into shares of companies like Tesla Nvidia Microsoft, Google and others. But what you may not have seen is that companies like Nvidia are actually down 10% from their highs over the last couple of weeks. Back on November 20th, Nvidia was trading around $54 per share. Earlier today, it was trading for around $450 Many of these stocks like Nvidia may continue falling, and many of these Hedg funds may also be down or will also be down 10% 20% 30% on their funds.

Yes, they're all crowded into the S&P 7 and the S&P 7 is holding up the market. But what happens when the S&P 7? These seven stocks all start crashing. What happens when they're not just down 10% What happens when they're down 20, 30, 40, or maybe 50% You may say, Tom These stocks surely won't be down 203, 30, or 40% But as I said, remember, companies like Nvidia have dropped 10% in Just 2 weeks. As the Kabesti letter added, he said, what happens when these 10 largest stocks enter a bare Market If the entire hedge fund industry is crowded into these few stocks and these few stocks start going down, well, that means hedge funds across the board end up bankrupt.

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 be alerted when I upload a new video. Cheers!.