Today I Want to talk about how AMC performing a reverse split on the Apes stock could very well cause the squeeze as there's a recent short squeeze. example with a reverse split stock. I Also want to talk about how the current market crash isn't over yet and how there's likely more to come. Stay tuned and let's make some money. And now I'm going to dive straight in with the key information. So Crystal Woodward is saying to avoid delisting under a dollar, the New York Stock Exchange may suggest a reverse split of ape. AMC might decide to bring this issue to vote and this is happening right now with a stock called MoGo. This article says that MoGo said its business operations are not affected by the current stock price and the bid price deficiency letter with intentions to regain compliance with the listing rules. It says if MoGo doesn't get its share price to float above the one dollar minimum, it may be eligible for an additional 180 days for its compliance period. If the company is still unable to resolve its bid price deficiency through the applicable compliance period and reverse stock split as suggested by the NASDAQ, it will issue a delisting letter right now MoGo is currently listed on the NASDAQ and the NASDAQ has a one dollar minimum listing requirement. If it doesn't meet that minimum bid price, it's issued a minimum bid price deficiency letter and has 270 days plus a potential additional 180 days to meet those requirements or the stock is delisted. AMC on the other hand, is currently listed on the New York Stock Exchange. but the New York Stock Exchange has this same one dollar listing requirement. Now, obviously, this one dollar minimum is applicable to both the AMC and the Apes stock. Recently, Ape has been trading lower and lower towards this one dollar minimum, and therefore Adam Aaron and AMC could perform this reverse split of the Ape stock. NOW Questionable. Also went on to talk about the driveship stock. Driveships experienced a squeeze back in 2016, and that squeeze was preceded by two reverse splits and it screws instantaneously after that. Now this Baron's article says the S3 Partners Ehore contends the incredible rally in dry ships is not a short squeeze, but it's not being driven by fundamentals either, and he explains why. He said that shares and driveships are still halted at 73 dollars a share, but traded as high as 119 dollars per share. In pre-market action, he contended that it was day Traders pumping up the driveship stock that was driving up the prices, He argued the trading volumes in the driveship stocks were way above the volumes that have been sold short. social talks could have easily covered their positions without much difficulty and price impact. Now, I'm going to talk about the driveship specifics in about a minute, but it's very interesting to see that a driveship squeezed immediately after performing a reverse stock split and also interesting to see that Ehore from S3 Partners didn't like dry ships just like he doesn't like AMC and GameStop Eagle was the guy that caused a fake rally in GameStop a few days ago by saying that GameStop could see a parabolic move above 30 dollars. Obviously, the stock was pushed up and then shorted straight back down. Now, this article from the street talks about the dry ship squeeze where driveship soared 1500 in a single day amid an epic short squeeze. It says the driveship shares jumped 70 to 73 on Tuesday On a huge volume search, more than 10 million shares changed hands some 20 times, the stocks average daily volume of less than 500 000 shares. Dry ships had been seen as high as 102 earlier in the session and is up from just 4.56 per share at last. Tuesday's close, and they said it's also a remarkable turn of events for a stock that was trading just above one dollar per share as recently as August. Now, obviously, Ape is trading for close to a dollar per share slightly above, and therefore, it could very easily squeeze to well over a hundred dollars if AMC and Adam Aaron perform this reverse split. And when you factor in the dry ships was and even synthetically shorted, it's very likely that Ape could squeeze significantly higher than only a hundred dollars per share, potentially into the thousands. Especially because we know that Ape isn't just a little bit manipulated. there's not just one or two synthetic shares. Ape is potentially the most manipulated stock in the entire Market at the moment. And there's likely already hundreds of millions, if not billions of synthetics that have already been created. And it says: enter repeat There's been a significant reduction in the inventory and availability of driveship shares. That means the phenomenon of the short squeeze is forcing Skeptics to pay sharply higher prices in order to mitigate how badly their bets are working against them. AKA Because there aren't many real driveships shares available, that means the shorter sellers are having to pay more money to close out of their short positions just a quick one. If you haven't already, be sure to join the free. Discord Linked In The description below. We've got free 1348 indicators and we talk about AMC and shared diligence all day long. And also be sure to join MooMoo right now. Linked In The description below. You can currently get ten dollars absolutely free and 15 free shares on top of that worth up to two thousand dollars each. a total of up to thirty thousand dollars. And very interestingly, Crystal Ball who tweeted saying it's been emphatically shown that short selling actually increases significantly for firms. the reverse split their stock. Okay, saying, if AMC and a performer of birth stock split, it's likely the short sellers will try and double down and triple down on their position, doubling up and tripling up their actual risk. We know these shorts like we don't have enough money and enough liquidity to double down and triple down on their short position. and their four of the split could very well cause a squeeze. and Jan Jack Also tweet is saying Adam Aaron it's about 78 days since Apes X dividend day Fidelity currently has retail ownership of Ape at 99.9 which is proof that retail also owners similar ratio of 516 million legally issued AMC shares by AMC He asks will you please get Brokers to adjust the data for AMC accordingly, basically ensuring the Brokers actually expose the amount of synthetic AMT shorts. Right now, we can see the other ownership for Apes stock, which is the retail ownership portion is currently 99.9 Very interestingly, it's also showing the institutional ownership of Ape at negative 0.3 percent. So somehow these institutions are holding negative eight shares at this point. I Just think it's clear as day, there is significant manipulation and a significant number of synthetic shares. Retail obviously holds well over a hundred percent of the flow and institutions and everybody else just hold the rest. I Think If anything, these Brokers and data providers should just admit to the synthetic shares and publish the true numbers. I Think at this point, they might as well just come out and say that retail holds 400 of the flow and institutions holding another 30 or 50 percent of the flow. On top of that, And very interestingly, this is also happening at a time when credit Suite is to close 14 separate branches over in Switzerland. This is the embattled. Swiss Bank Credit Suisse is to close 14 of its 109 branches in Switzerland by February 2023 as part of a comprehensive restructuring program. Now, obviously, this is just their initial current estimate of the number of branches that will end up closing, and this number may end up increasing significantly. But as Pete tweeted, he said it translates to Credit Suisse says that AMC is 97 cents per share while closing up offices and facing a declining stock price. Why does Credit Suisse care so much about AMC when they're currently going bankrupt? Credit Suisse really should be focusing on their own problems, not trying to publish news articles about AMC unless they have a significant interest in seeing the price of AMC decline. Credit Suisse is clearly more worried about the current AMC price then they are their own bankruptcy. They're practically begging us to sell our shares because they need AMC to go bankrupt to survive. Now, you may have seen today, the S P 500 was up nearly five percent in a single day by the close, at some points, nearly up by six percent. But it's retirement, right tweeted He said in 2008, we did go up by six percent in a singular day, but then collapsed by six percent the following day just for your information, and therefore, it's likely the current market crash still isn't yet finished. And I think that's also supported by this tweet from Charlie If we start looking at the comparisons between giant tech stocks now, and in 2008, it seems we've still got somewhere to go. Right now, we can see Microsoft is currently down 32 percent, but back in 2008 it was down a whopping 44. Apple right now, down only 23 2008 it was down 57. Google Currently down 39 2008, it was down 56 percent. Therefore, some of these largest tech companies still have a ways to fall again. On top of that, the QQ The NASDAQ is currently down 33, but back in 2008 it was down a whopping 42 percent and therefore still likely has another 10 to full on top of what it already has. And that's why the market will likely continue crashing until many of these hedge funds and these market makers end up being liquidated and it causes the aimsy squeeze. And Kyle also tweeted saying here's the perfect screenshot to remind everyone that these days will come again. Now this is a screenshot of AMC back in June of 2021. on its run up to 70 dollars per share and above, we know that AMC is going to see a day when it runs from 35 all the way to seventy dollars and above and likely into the hundreds and into the thousands. Potentially in a singular day, we know that squeeze is coming and this is the excitement that we can look forward to. But guys, be sure to let me know what you think down in the comments below. 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