Oh, my goodness, so i got some massive amc updates coming over the weekend that you absolutely have to hear about, because i think it proves that this is starting to work, we're seeing actual physical results that prove that this thing is actually working. Now. Let me tell you a few things: first, as a principal, you have to understand how naked shorts work in order to understand what i'm about, to explain to you. So if you're naked shorting, essentially you don't have the stock, you don't even borrow the stock.

You just say you can locate a stock to borrow. If you need it, and then you sell a fake share to somebody. What happens in naked shorting is. Actually you don't even do the boring part.

You just sell a fake share and then you repurchase the fake share and then nothing happens. Besides you making money on the difference in the price it's illegal, but the thing is that the law doesn't require you to borrow a share. So it's illegal, but you can't still do it without borrowing chairs by saying well, i can borrow a share and for that you need to able to locate a share. So with christian.

In his interview, which i keep showing you clips of, and you have to watch the full thing, it's phenomenal he's talking about the laundromat. I coined that phrase by the way is where a bunch of banks actually cover each other assets. So, basically, you call the bank and say hey. I need to locate today on the stock and they'll, give you that and they'll give you that and your friend that and they'll give you 15 different locates on the same physical share and then you'll do it for them later on.

This is laundromat circle jerk. Whatever you want to call that now, this network is the web of lies that keeps this slide going because everybody keeps covering for each other, and that way these fake shares keep circulating without nobody ever finding out now. The only reason to stop this from happening is to create a penalty or create this fear factor, and i think this is exactly what's been going on right now, because this is crazy now check this out. This is from bloomberg.

Wall street reigns in hedge fund short bets on meme stock. Now it sounds boring. It sounds dry, but this thing is a massive piece of news. I'm going to show you why check it out wall street up brokers are quietly tightening their rules for who can bet against retail traders.

Most popular meme stocks, goldman sachs bank of america, city and jeffries are among firms that have adjusted adjusted their risk controls at prime brokerage operations. According to people familiar with the moves, the banks are trying to protect themselves against a fallout from extreme surges and dips and have characterized trading in companies, including amc, microvision and gamestop corp. The changes mean some hedge funds and other institutional investors now have higher collateral requirements and are limited from shorting. Certain stocks check this out limited from shorting certain stocks and higher collateral.

Now this is the key here. All i need is three minutes of your attention. Don't click, nothing, don't smash, nothing just check it out. So here's the thing.

What they're saying here essentially hey now we're going to start charging a higher fee for you to short stock and that's just basically them being greedy and also they're, trying to make it more difficult because they're trying to limit the amount of exposure. But the big piece of news, the massive the bombshell is, this: limiting shorting certain stocks. Now, why would you think they do that they make so much money by lending out shares to people to short, that is insane. That is like saying: well i'm giving up on just a lot of money, because i don't like the risk now when they say i don't like the risk.

I think what they're meaning is that the light is getting shed now on these circle jerks on laundromats, whatever you want to call it on these shady practices and naked shorting, and now they're not afraid that people are going to lose money because losing money they can Handle just to remind you, i mean their cagos capital. Remember how much money they lost, i mean losing money they can handle and a lot of it trust me losing money will not bankrupt them ever, but people finding out about these pandora boxes of garbage. This is earth shattering. They can't let people find out on the extent of this naked shorting, laundromat, fake, share synthetic share thing and, like quest christian said in this interview and again i'm going back to that phenomenal interview.

It's a 250 trillion dollar problem globally. Over 100 trillion, just in the us alone, so them saying well we're not gon na do the shorts on amc anymore. The banks are saying that it's just them saying well we're giving up on a lot of money because we're trying to distance ourselves from this garbage because when it explodes, we don't want this on our clothing, but i think it's too late. Also.

I think that this proves that the movement essentially bringing light to the problem talking about it making people like me, who didn't know about this two weeks ago, understand that naked shorting is a real thing. That synthetic shares is a real thing. This whole thing is actually working because them actually taking a step back and saying well we're not gon na participate in this anymore. Prove that they're scared that they're fearful because now there's light and, as i told you before, the best sanitizer for is sunlight and now that people are talking about it.

Now that there's a huge movement behind it, tens of thousands hundreds of thousands of people talking about it now, these banks are actually stepping away now. What's the end result here, this actually helps the people who are battling the shorts, because now you have less resources for the people who shorting less circle. Jerk members laundromat members, less people who are actually participating in covering each other because some of them are limited higher collateral, meaning high requirements. Financial.

To actually do this thing and i'm sure that, as this thing becomes riskier and riskier, as these banks admit, the price of borrowing, these shares becomes much higher, so playing the short game becomes more expensive, more risky and locating shares becomes way more difficult. Now you have less and less participants and those who stay in and keep doing it because of their greed, they're going to be the ones who get busted the most, and i think it's going to be epic to see this thing fall out and i just want To give a huge shout out to the ape community, i want to give you a huge shout out to super stonk on reddit and youtube their youtube channel about gamestop and the short squeeze there is phenomenal. You guys have been doing phenomenal job. I mean this is proof that you're winning good job, as always a huge thanks to the channel members and the patriots for making this happen.

Thank you so much. I hope this was helpful to give you some insights about what really is going on here. I'll see you guys next video.