Today I Want to talk about the massive AMC price targets from various Wall Street analysts. Five different analysts have just massively increased their price targets to well over a hundred dollars per share. All in advance are the rubber split which is likely going through very very soon. so stay tuned and let's make some money.

And now I'll drive straight in with the creation. So Bigham's tweeted about a story in three different parts because AMC just had its price Target raised by the Goldman Sachs group from 160 dollars to 175 dollars per share. Also, seeing the Goldman Sachs group now magically has a buy rating for the stock. Interestingly, It also says several other research analysts also recently weighed in on AMC as well, and Wed Bush have reiterated their underperform rating and issued a two dollar price Target So right now we've got some analysts predicting a two dollar price Target but with some analyst predicting 175 dollars per share pre-split and according to Market beat, the company currently has a consensus rating of hold and a consensus Target price 36 dollars per share pre-split So basically Goldman Sachs is expecting AMC to hit 175 dollars per share pre-split or over a thousand dollars per share post split.

and again, the consensus is 36 dollars per share pre-split or over 300 per share post split. Okay, this screenshot shows it's not just Goldman Sachs as there's five separate analyst ratings. The highest production is 175 dollars per share, the lowest production is 50 cents per share, and the average prediction is 36 dollars per share all pre-split cat Striker Added saying why is their narrative suddenly changing so drastically to 175 dollar price Target And she said on top of that, why is the mainstream media all over it publicizing this new Target price As we all said long ago, I Believe many of these institutions are going to try and take the Viewpoint that they were always right and they knew AMC was always going to squeeze. When the AMC squeeze happens, they'll refer back to this article where Goldman Sachs says yeah, we knew it was going to happen.

That's why we set a 175 dollar price Target They'll say we know it was coming and we predicted it way before these retail investors and it was us, the institutions that caused the squeeze and not those retail investors. This article says the Goldman Sachs group are a known financial institution. recently raised the AMC price Target from 160 to 175. this significant increase in the price Target indicates Goldman Sachs bullish outlook on a stock and investors and Market participants eagerly await the implications of this upward revision and how it may influence the Stock's future performance.

When the squeeze happens, they'll say yeah, we caused a squeeze by predicting this massively increased price Target We were just telling investors what the price really should be and that's how the squeeze happened, not to do with those retail investors who were likely committing crimes again. As I said, these institutions are mainstream media are always going to try and take the Viewpoint that they are right and that we are wrong. And Begum's also tweeted this article saying the AMC drama is exposing risks in the 11 trillion dollar world of indexing. They said wild moves in meme shares like AMC are roiling the ETF markets and due to the scale of Swings fund Plumbing is leading to unintended exposures.

Again, this is likely what Goldman Sachs will blame the squeeze on. They'll say we knew the squeeze was coming, we predicted it, and we know the squeeze is as a result of these ETFs taking unintended exposures. they'll sell. Those synthetic shares were created accidentally by these ETF reshufflings and couldn't possibly be any illegal crimes.

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And on top of that movie is really easy to use. They've got tons of technical indicators and advanced charting tools and their own options trading platform. On top of that, America has also tweeted a special Masters fees for the AMC lawsuit we can see for the months of April May and June The Special Masters and their Associated Attorneys and lawyers have raked in well over half a million dollars worth of costs America Added saying: remember, Allegheny holds only 879 shares The total from this invoice alone is about 58 times the value of the lead plaintiff's AMC position. Again, just confirming my theory that these plaintiffs are spending hundreds of thousands of dollars if not millions of dollars on a lawsuit where they're only holding a few thousand dollars of shares.

It really does not make sense. They are spending hundreds of thousands of dollars if not millions of dollars on something worth so a little money to them as I suggested all along. This really just proves the plaintiff's entire plan was to try and delay the AMC split when you're spending hundreds of thousands of dollars if not millions of dollars on a settlement that's only going to be worth a few thousand dollars. Things just really don't add up now.

America Also found something really interesting in one of the latest AMC lawsuit filings. He said in this letter is a proposed let me say that again proposed an unsigned motion to dismiss the lawsuit with prejudice is he said I'm not going to interpret beyond that, but just read what's written in this unsigned letter from Vice Chancellor Morgan Zearn Action 22 says the action is hereby dismissed in its entirety and with prejudice. The parties are to Bear their own costs except as otherwise provided in this order and final judgment. Now, there's a lot of confusing evidence going around with this lawsuit at the moment and I actually really don't know whether the settlement will go through, whether it will be thrown out in its entirety or whether it will be delayed further.

Still, what I do know is that the AMC conversion and reverse split is absolutely happening. It's just a matter of time and Bigham's added saying as an update on the settlement, if approved, AMC will notify the New York Stock Exchange They then have a 10-day countdown period until the split. It says in this letter plaintiffs understand, however, that even if the proposed settlement is promptly approved, AMC still must make a regulatory filing with a New York Stock Exchange to give the exchange approximately 10 business days notice of any River split which it has not yet done pending resolution of the proposed settlement and therefore it's likely when the settlement goes through or if the lawsuit is thrown out in its entirety, there will then be just 10 business days until the AMC conversion and reverse split. Which again is good to see that when this lawsuit is finally done and dealt with, the conversion and reverse split will be happening very soon indeed.

which is also really interesting as we just had notification of yet another potential Bank collapse or Bank bailout The Compassion Letter Tweeted Team Bank of California is in advanced talks to buy Pacquest Bancorp You may remember Pacquest Bancorp was one of those Banks tied up in that March banking crisis where the stock fell over 90 and after announcing they're in advance talks to sell the bank Shares are down 27 and have been halted multiple times. They added saying only in 2023 does an acquisition announcement tank your stock price I Believe the reason why the price of this stock is obviously tanking. it's likely because if the deal doesn't go through, Pat Quest Bancorp will likely end up collapsing as well. It will be just another bank to add to the list of banks that have already collapsed so far in 2023..

Again, suggesting the banking crisis is not over and we may be entering the second wave of this Bank in crisis I Think if we start seeing more Banks fail it's going to absolutely destroy the S P 500 likely causing the squeeze. but go through. 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 put a new video. Cheers.