Today I Want to talk about how two Citadel Traders have lost over 300 million dollars or 30 of their Fund in EOS So far, the S P 500 is up nearly 20. I Want to explain how this is indicative of Citadel shifting their short positions and I also want to talk about why Brokers have been selling synthetic shares in Marlin So stay tuned and let's make some money. And now what arrive straight in with the cubation. So Frank Tweed Saying Citadel Alumni have taken a 300 million dollar loss.

So it says one of the most anticipated hedge fund launches of recent years has turned into a disaster. Two Citadel Traders have lost approximately 300 million dollars this year alone. So the article written just a day ago on the 31st of August says Citadel alums or Alumni have taken a 300 million dollar loss. So it says their fifth Delta hedge fund that bets on rising and falling stocks lost about 13 in the month of July alone, extending declines for 2023 to as much as 29.

The fund began with about 1.3 billion dollars, implying current losses of over 300 million. And obviously as fifth Ultra said, this wasn't supposed to happen. And now as a result, fifth Delta are trying to raise money again, trying to claw their way out of a deep Financial hole. and it says the funds abysmal performance is all the more shocking and all the more confusing.

Given this year's bull market. the S P 500 is up over 18 this year. So far, we can see just by filtering here. Today, the S P 500 is up 18.52 All these trailers from Citadel had to do was buy S P 500 and there'd be up 20, not down 30 on their fund.

And if they bought a specific individual stocks like Meta and video and Tesla, they'd be up hundreds of percentage points. But yet, somehow, this fund has lost 300 million dollars or 30 of their fund. I'm personally wondering if these Citadel Traders had made money in their fund somewhere, but had also taken on heavy losses elsewhere. Maybe they did buy Nvidia Tesla and Meta stock, making hundreds of millions of dollars, but potentially bore some losses from the main Citadel entity taking losses elsewhere, resulting in a net loss.

Obviously, this fund fifth Delta is separate from Citadel LLC and Citadel Securities. Obviously fifth Delta isn't owned by Ken Griffin himself, just owned by two Citadel Traders. But I wonder if Ken Griffin made some kind of deal where he would provide seed Capital to these traders in exchange, but taking on some of its Lots. Maybe they went on with their seed Capital to make money elsewhere on stocks like Nvidia Tesla, Meta and others.

but also so you bought some of Ken's heavy losses elsewhere in their fund. But interestingly, this article also says there are more hedge fund closures than openings these days. Institutions are putting their money with the big players, not upstarts like fifth. Delta And interestingly, it says long term I Think the long short strategy of fifth Delta and so many other funds is a loser.

The long-term Trend in markets is upwards, meaning you'll lose money on your shorts eventually, which is obviously very, very true if we look at the general direction of the S P 500. Over the last 30 years, the markets always go upwards, so over the long term shorting is never profitable because even though sometimes stocks or entire indexes go down, they always come back up again in the long run. And what's more, short positions are costly to maintain. You've got to pay interest on the shares you borrow.

and even worse, your gains are capped at 100 of the money you employ. Obviously, a stock can fall from ten dollars to zero dollars, but it can't fall lower than zero. I Mean while your potential losses are unlimited, this obviously couldn't be more accurate. In specific stocks like AMC These shorts are paying borrow fees of 100, 200, 300, 500, even a thousand percent per year.

You could say the AMC cost of RFP has temporarily decreased as a result of the river split which it has temporarily, but remember for months prior that interest rate was fixed at one thousand percent. These shorts likely racked up multiple times their short position in just borrowing costs and losses alone. and that's why they are still stuck to this very day now. Biotech Moose has an excellent Theory or just potential flat out fact as to why these Brokers were selling synthetic shares in Balance.

So obviously Mullen is an EV company just like Tesla lucid and importantly, Rivian. so Mullen Automotive is now suing number of Brokers like TD Ameritrade Charles Schwab National Financial Services or Fidelity and other individual John dose. So at the moment reviewing is the number two EV company behind Tesla but check out who holds shares in the Rivian entity. So it says here Global asset firm T row price is also a large investor and other Financial companies that invested prior to the IPO include Fidelity management and the trading name of Fidelity or Fidelity management is National Financial Services LLC who's just been brought into that lawsuit by reviewing.

But it doesn't stop there because Charles Schwab also owns a significant number of Ripian shares 1.65 million shares worth 27 million dollars and therefore getting rid of Rivian's competition like Milan Automotive is good for Charles Schwab and for Fidelity Also remember, TD Ameritrade is owned by Charles Schwab because TD Bank Group sold TD Amer trade to Charles Schwab and therefore it's also in their interest to synthetically short melon as well. The worst Mullen performs. It makes Rivian look like it's performing even better. and therefore in theory the more the share price of Merlin goes down, the less competition Rivian has and their share price goes up T row price Associates is also another defender in this melon lawsuit and is also a big investor in Riviere Tiro.

Price led a 2.5 billion dollar investment round into the EV startup review, and therefore it's also in their best interest that Malone performs worse so that Rivian in comparison can perform better. So actually, it now almost makes sense as to why these Brokers have been selling synthetic shares in Mullen Because as Mullen performs worse, reviewing comparatively performs better and their investment gets larger. That's also likely why this same manipulation is seen in AMC because the worst AMC performs the better streaming services like Amazon Prime perform instead. So those large investors in Amazon like Citadel are going to synthetically short AMC.

So comparatively, streaming services like Amazon and Netflix do better and financial journey is also tweeted saying it's crazy to see 78.66 of the daily volume redirected to the dart pool in Mullen. Obviously, AMC sees the exact same thing on a regular basis upwards of 70 if not 80 of daily volume all going off exchange. So obviously it seems the exact same thing is happening to Malin as what happens to AMC likely by the exact same Brokers now. I Received a comment in my video yesterday saying this agreement with Taylor Swift will barely make any money for AMC.

They'll barely sell any tickets and it will have a terrible margin. and it seems that comment has already been proven false and proven to be a Shield's comment because Taylor Swift's the Errors Tour concert film sets new AMC Theaters record 26 million dollars in advanced ticket sales were sold in One Singular day on Thursday marking AMC's highest ever Advanced sales day in its 103 year history. Not just a post-pandemic singular Day Sale record, but a new record for its entire 103 year history it seems AMC is now regularly setting new records, setting new profit records, new Revenue records, new box office records and now new singular day Revenue records as I said yesterday Unless somehow the shorts can infiltrate AMC and stop AMC Making profit AMC will not be going bankrupt and when AMC does not go bankrupt and instead gets more and more profitable, more and more funds will buy shares of AMC pushing the price upwards. The other week I spoke about the stock Beak Ang or Bookingholdings.com They a performed a reverse split back in 2004 when the share price was down at around 20 dollars per share and now the stock trades are over three thousand dollars per share.

The reverse split was never bad for Booking.com because they continued generating more and more and more profits and over time their stock. Rose From lowest to around seven or eight dollars per share over three thousand dollars per share. Their market cap is also not one or two billion dollars. Their market cap is over a hundred billion meaning that AMC has room to multiply a share price by a hundred X if not by a thousand.

X if not, potentially even more. Now in yesterday's video I spoke about Stock and Crypto Plays. One thing to be appointed and wanting to infiltrate AMC sport. He made a video responding to it which I'll be honest I didn't watch a lot of but I thought it was very very interesting in my video I explained why he likely works for the shorts and why he's trying to infiltrate AMC to stop it generating profit and his entire apply was basically no, you're the one that's paid by the hedge funds with no proof whatsoever.

His entire response was basically saying I know you are but what am I which I don't think I've heard since I was like 10 years old obviously I've always been honest and I've told you guys, if I ever was paid by the hedge funds, you wouldn't see me in this setup. You'd see me on a desert island somewhere kicking back enjoying the view with my millions that I've been paid. Unfortunately I haven't been paid Millions I've still got a neon sign in the background which costs like 20 or 30 dollars. Now the reason why I found it interesting is because Stock and Crypto Plays has just 12 000 subscribers which I'm not knocking him for.

It's always good to see YouTube channels growing and gaining subscribers. but I found it interesting because investor Place wrote a specific article All About Him Their article calls him a popular YouTube commentator and speaks about how he wants to join AMC's board to make a difference. Now in all my time making YouTube videos, I've never ever had a news article written about me. Maybe I'm not popular, Maybe I'm just boring.

but I've never been contacted by a news agency. The reason why I found it's interesting is because Investor Place is owned by Marketwise now Market Wise is a listed company and the people that hold the majority of the shares in Market Wise and in Investor Place is, you guessed it, BlackRock Vanguard Geode, Capital Management and State Street Corporation So Stock and Crypto Plays has likely worked alongside Investor Place AK worked alongside State Street to write an article about how he wants to join the AMC board. AKA Stock and Crypto Plays is literally working with the exact same people that hold put options in AIM C to write a news article now I don't want to turn this into a giant beef which is why I'm not going to name the title of this video after him I Just wanted to put that fact out there. So guys, be sure to let me know what you 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 upload a new video. Cheers!.