Today I Want to talk about how another short seller or three short sellers to be precise have been charged with more illegal crimes I Also want to talk through and explain AMC's new share issue above the current share price to pay down more debt. So stay tuned and let's make some money. Now if you couldn't tell already today, I'm a Christmas tree and I've even got a St on the very tippy top of the Hat as well later on in the video. I Also want to go through today's crazy 338 play in The Millionaire Mind Trading Group I won't do it now at the start of the video I'll leave that until later.

So now I'll dve straight in with the key information. So investor TF tweet is saying breaking news on Wednesday South Korean authorities announced a collective fine of 2 billion1 or $1.5 million for three Global hedge funds. Now this is really interesting for two main reasons: because it completely disproves what's been said from the likes of Doug Seu. Doug Seu said that synthetic shorting does happen, but only in minute amounts and it's not hedge funds that are doing the synthetic shorting.

Whether this lawsuit or that fine or this fine proves that completely false because it's hedge funds that have indeed been doing the synthetic shorting and they're also Global hedge funds as well. And it's also not just one small hedge fund. it's three Global hedge funds. Multiple hedge funds situated around the world including in the US that are committing these illegal crimes.

It says the Financial Services Commission stated: These funds allegedly breach the country's Capital Markets law by engaging in naked short selling. Now so the article says the South Korean authorities said on Wednesday they fined three Global hedge funds a total of $1.5 million over alleged unfair stock transactions, but the authorities did not disclose which hedge funds were involved in the transactions. Now a quick side note: I think Kristen has really hit the nail on the head here. She said a make it $1.5 billion, not 1.5 million and release the names saying $1.5 million in fines for three unnamed hedge funds will do nothing to stop the counterfeit Crooks A because 1.5 million is a teeny tiny fine and also why are they keeping the names hidden? It's likely because those very names are the likes of Virtue Citadel and one other that obviously don't want their names released as it cause a massive massive uproar.

Remember these are Global hedge funds. They're not just small Korean hedge funds with a few thousand, they are Global hedge funds aka the likes of Virtue, Citadel Sasana, and many others. As Christian said I really think they a need to make these fines larger or include prison jail sentences and also release the name. So everyone knows exactly which hedge funds are committing illegal crimes.

At least this way we'd know if it was the likes of Citadel Virtue and Sasana that we could write to our local representatives to ensure these firms are shut down as soon as possible because obviously if they're committing illegal crimes overseas, they're likely doing the exact same crimes on home turf as well As I said at the start of the video, our fast Moving Momentum News player of the Day today ran 338 per. that stock was P or Polish.com P I actually called twice in the Discord today saying to keep an eye on the volume and set your alerts because if P pushes over $229 it will run up. Many jumped on that trade over 229 or over 250, riding it towards $4 per share. and there I said if it does break $423 you can always buy back in for the next wave or the double dip.

Move up people like Icon and Chad from the group capitalized on Polish.com with Icon locking in over 60% in just a few minutes and Chad locking in hundreds of and hundreds of dollars. Others from the group also locked in excellent profit today like 80% from this S&P 500 call option. So do be sure to join the millionaire mindset. Trading Group Linked In the description below now Kristen Also recently tweeted saying South Korea's Financial Regulators are fighting the counterfeit Crooks something Us regulators and politicians seem scared to do.

Saying the shorting strategy is one of the core tactics used by global hedge funds. Unlike additional long only funds whose strategy is to buy and hold stocks, profiting from shorting stocks has frequently posed a moral quandry from many quarters since a select few investors benefit at the expense of broader investors. That's effectively why the Korean government has banned Short Selling outright to improve. Short Selling Regulations and Rules I Think Really, if these names are released, the SEC and American markets need to do exactly the same thing until these hedge funds are a either shut down or better Rules and regulations are put in place to stop.

Illegal. Short Selling I Think Actually, if these names are released, it would give the Fed or the SEC no choice but to do something about those firms on home soil as well. They may say, well, Tom It doesn't really matter because the SEC and the FED can't do anything about crimes committed overseas. But while that may specifically be true, it would give the Fed and the SEC plenty of ammunition to investigate.

Obviously, as soon as those names were released, the SEC and the FED would be given no choice but to perform actual investigations into these same hedge funds and their activities on Us soil as well, likely uncovering the exact same crimes, but at many magnitudes the size. Now, Bams has also tweeted about how the mainstream media is actually not only failing at convincing us to sell our shares, but failing in entirety. Adding saying that people aren't listening to the mainstream media anymore, Here's a screenshot of the total digital audience decline at the mainstream media both month over month and year over year We can see mainstream media Outlets like CNN CBS News Fox News Insider Forbes Washington Post Wall Street Journal and many others have seen their year-over-year traffic declining by 20% 28% 27% 34% and even more. Many of these mainstream media Outlets have seen a massive drop in readership and in viewership.

Obviously because everybody is wising up to the rubbish that they publish. Nobody listens to likes of Fox News anymore Because we know the majority of their analysts or the majority of their news presenters like Charles Gasperino are just paid by these hedge funds. They're paid to spout a story full of lies to the mainstream media to try and convince you to do something specific with with your stocks. Whether that's to buy more or to sell.

They're effectively being paid by these hedge funds to convince you to do what they want Now Stomping! Lama has actually tweeted about a different company that's trying to have the same thing done to it that AMC is currently experiencing with phony lawsuits. So there was a shareholder Gerald Herman starting a class action lawsuit against Polish.com So it says the shareholder urges other shareholders concerned about their investment in Polish.com to collaborate to increase the effectiveness of their actions. As part of this class action lawsuit, he's requested that shareholders appoint him to the board of directors so he can make decisions for the company, but Polish.com have turned around and said, as you may be aware: Gerald Hera stockholder of record of just two shares in the company's common stock par value at 0. No, No, No1 has nominated himself to stand for election to the Board of Director Dors.

They've said the board recommends you disregard these proxy instructions and do not vote him to the board of directors. likely because Gerald Haman with his two tiny shares, want to try and bankrupt the company for the benefit of short sellers. That's exactly one of the short sellers game plans they tried to send paid Shields or paid informants inside these companies trying to get them appointed to the board of directors to cause a massive massive mess. They find a company they're trying to synthetic short, but that is actually improving as a company and increasing revenues, profits, cash flow, and everything else and then try and destroy it from the inside out.

They're realizing they can't destroy it from the outside in by synthetically shorting the company. so they Instead try and destroy it from the inside. They try and get a paid hedge fund plan inside the company to cause a massive massive mess and that's exactly what these short sellers are trying to do with Gerald Hamad and is whopping two shares funnny enough. Paul Or Polish.com was actually our fast moving Momentum News player of the day today.

Upper whopping 338 per. Take that short sellers, that to me, sounds like a company they're trying to bankrupt where yesterday it was trading for just $121 per share. Now trading over $10 The shorts are getting absolutely screwed on these small cap stocks like Polish.com and it is impacting their margin availability. As these shorts get screwed on small cap names, on heavily shorted names, and on big tech stocks, it only puts their entire Fund in a worse and worse off position Down: not just $80 billion, not just $1 billion, not just 130 billion, but now down over $150 billion.

So far this year it seems these short sellers, especially the likes of and Duran's hedge fund down over 50% don't have long left until fireworks are seen. And by fireworks I mean more hedge fund collapses Now Matt has also tweeted saying today or yesterday AMC made a strategic move by swapping some of its debt for company shares. They gave out 3.3 million shares of stock, each worth $747 per share, which is above the current traded price in exchange for cancelling $25 million of debt they owed. Now, the reason why shares were issued for Value above the current share price is because they're effectively canceling this debt at a discount.

3.3 million shares times $747 is $25 million. But obviously those shares on the open market aren't worth 747. They're worth closer to 20 million, which is obviously a small discount on the $25 million. This is how these shares were issued above a price they're actually traded for effectively to pay down This debt at discount.

Now I've spoken before on dilution and explained many times on the channel as to why I don't like dilution, but at least this dilution is only 3 million shares, not 60 million or 100 or 200 million shares. I've explained I don't like dilution because I believe every share sold to the hedge funds at just $7 per share is one share less they need to buy and cover. Obviously they have multiple hundreds of millions if not billions of synthetics still to go, but it does give them a small way out for a few of their shares. But I do also love the fact that AMC is improving as a company, improving its cash flow, improving its profits, and improving its revenues.

And on that note, Chris Ball has also tweeted saying imagine if you told the shorts three years ago that AMC would be profitable, partnering with Walmart and Amazon and profit generative and cash flow generative, they wouldn't believe you. He said with 10 earnings beats in a row the stock had to cool down for a while after the 2020 run mem stock runup, but it will run again. That's after AMC announced yesterday saying you asked we listened AMC Theaters Grocery popcorn is now available at Amazon So not only as AMC partnered their perfectly popcorn with stores like Walmart, but now with Amazon too two of the biggest brands in the entire world. Ultimately, AMC is and will continue improving as a company and we have not seen AMC's alltime high as of yet.

As I showed you a few videos ago, tons of stocks out there in the market fell by 19 95 99% and have gone on to hit new all-time highs over and over and over again. Stocks like Nvidia Apple and many other stocks in the early 2000s were shorted heavily down 95 99% But look at them now. so 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 up put a new video! Cheers!.

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