Welcome back to the channel everyone today, i want to talk about melvin capital liquidating and winding down their fund. I also want to talk about how this article proves that melvin capital has been paying extortionate amounts to support their synthetic short position, so stay tuned and let's make some money, and now i want to dive straight in with the key information. So this article from the new york post says that melvin capital are down 23.3 percent year today, aka january february march and now april, as the founder considers winding down the fund. It says embattled hedge fund, melvin capital, reported another down month.

Just weeks after founder gabe plotkin said he was considering winding down the fund, melvin still struggling to recover after a massive short squeeze on meme stock gamestop. We know it wasn't a true short squeeze, but let's run with it crushed his fund in january 2021 and he lost another 3.3 in april of this year. That takes his funds. Year-To-Date drop to a whopping 23.3 percent on top of the 33 that he lost last year.

According to a letter to investors reviewed by the post, melvin's ceo, who made 800 million dollars in 2020, lost me even more money in april and wants to make himself more fees when investor fumes shameful disgusting horrible behavior. So this shows that even investors in melbourne capital are disgusted and are willing to pull out their money now. Obviously, if investors do pull out their money, that's brilliant for amc, because melvin capital will have to cover their short positions to return the investor cash. The recent april emailed to investors, the plotkin's most recent bets pushed the hedge fund even deeper into the hole, was met by anger.

These people suck the investor said slamming melvin and, interestingly enough, the article says, but his lifestyle appears to be unaffected by his recent losses. He's still holding on to the beachfront home he bought in 2020. Plotkin should sell his 44 million dollar miami beach home after losing all of us so much money rather than charging us more fees. The investor fumed.

This goes to show that investors are absolutely livid with melvin capital and can't wait to withdraw their money. Considering investors are currently so livid and so fuming. There must be some kind of ban on redemptions and therefore investors can't actually withdraw their money at the moment. Whether melvin capital aren't allowed to return the money to investors by the powers that be or whatever other nefarious activity is going on.

I'm not too sure, but it's clear that investors are absolutely fuming, but something that really stands out to me is the fact that melvin capital lost another 3.3 in april. If we have a look at amc, amc opened april at 25 per share and closed april at around 15 per share, amc fell by 10 per share and gamestop fell as well. Considering that melvin capital have a short position on amc and gamestop, you would have expected melvin capital to actually make money in april and therefore the fact that melvin capital actually lost money in april really goes to show that they are paying millions and millions potentially even Billions of dollars to support this illegal synthetic short position, obviously, on top of that all of their long positions are doing terribly as well and all of their other short positions must be moving against them. I think it really goes to show just how much money melvin is having to spend to support this short position, considering that amc fell in april and yet melvin capital still managed to lose money, and now, on top of that, another similar fund is that tiger global Sunk, another 15 in april to push this year's loss to a whopping 44 bill.

Huang obviously used to work for the fund tiger global and tow global has its hands in many different pies around the world and therefore the fact that this one fund sunk 15 in april to cap off the year-to-date losses at 44 in the first four months of This year goes to show just what kind of situation the current market is in. It says: tiger global's performance problems are piling up. The firm's hedge fund declined 15 in april, taking its loss in 2022 to 44 tiger global's long-only fund was hit even worse, tumbling 25. Last month and extending its drop for the year to 52, a spokeswoman for the firm, which managed 35 billion dollars across its hedge long.

Only and crossover funds reported that tiger global is heading for its worst year ever and mark cody's reports that it's not only tyler global and melvin capital, that's struggling because so sin another fund is also down 43. Now guys, many of you may not have a lot of confidence in the stock market at the moment. There's all this market manipulation and market fraud. That seems to be going entirely unpunished and that's why i personally also like to invest in crypto, especially now that bitcoin is trending upwards.

I personally like to use block fire and right now you can currently get up to 250 in free bitcoin, just for selling up to block fi, using the link in the description below and making your first deposit with block file. You can also invest in tons of other cryptos, like solana, aida avalanche, doge, matic and many others, and that's why more than 500 000 people and 350 institutions globally use block fight to manage over 10 billion dollars in assets. The blockfi platform is also entirely free to use and requires no minimum balance so guys be sure to sign up to block 5 using the link in the description below to get up to 250 dollars in free bitcoin. He said so sin down 43 tiger global is down 44 and guys.

It's only april. Leverage and arrogance with a healthy dose of greed can do that to you. It goes to show that there's currently so many funds that are far too over leveraged and far too arrogant to admit they're wrong and just cover their short positions. Obviously, it's now at the point where these hedge funds can't even cover their over leveraged shorts without liquidating their funds and as the market continues to fall, these long-only funds will end up being liquidated, and these funds that are also shorting amc will be liquidated and forced To cover their shores, and now i also wanted to talk about how we can actually request the true number of felder delivers from the dtcc under the freedom of information act.

But before i do that, i wanted to quickly reassure any of you that are currently having any amc doubts. No more. Mr nice guy tweeted saying in case you won, have any doubts, two felt alone. Three haven't actually yet looked at the data.

Four! Listen to those shills and bots five watch the news six paid attention to your wife's boyfriend or seven thought about selling a friendly reminder is that shorts haven't covered enjoy your day. Your text guy actually wrote an open letter to the hedgy saying: hey, hedges. It's me again, sorry for all the lost sleep over a year ago, i took a risk on something i had no clue on how it would end. I would have sold a hundred dollars back then that's on you for not realizing this, but your pride is my profit.

Now you said, amc is now my biggest financial investment, and that says a lot seeing that i own property, but you know what's really mind-boggling - is that i've fully embraced an all-or-nothing mentality on my position. He said sure i won't be the last to sell, but i won't be cutting in line to do so either. He said you see hedgy. This is not just about a means to retirement and it's not even a means to generational wealth.

For me, it's the end of financial uncertainty to literally everyone in my inner circle and everyone. They know and frank now says, if you're holding significant losses in amc stock, it's important to note that the data is showing that amc will run up again as i've gone through on this channel many many times before. The data shows that amc will run again. The obv is still high.

The days to cover continues to rise, the average age of shares on loan only goes up and obviously, most importantly, the shorts haven't yet covered everything points the shorts not yet covering and continuing to increase their short position and frankner says that amc's current short interest tells Us that the amc price is not done surging and obviously as amc as a business, has improved drastically. Therefore, there's no risk in amc as a business based on fundamentals. The only reason that amc's price is being held down is because the shorts continue to add to their short positions and continue funneling in money to hold amc down, but obviously at some point that money will run out and amc will squeeze. We've got tons and tons of catalysts.

At the moment, we've got the department of justice investigation going on. In the background, we've got a potential. China default a potential russia default, the us stock market crash, the housing market crash and tons tons. More, we've obviously also got the gamestop share, split announcement.

We've got the amc, earnings call and we've also got many funds, like melvin capital, continuing to hemorrhage money and therefore it's only a matter of time until amc does end up squeezing and a potential thought that could get us there. Even faster is, if we request the number of failed delivers from the dtcc under the freedom of information act. This post is interesting. Apparently we reserve the right to discover the true amount of felt delivers.

The dtcc is hiding in their black box. We can actually request the amount of filter delivers secretly accumulated through the freedom of information act for gamestop, but also all of the failed delivers currently throughout the entire market. I actually managed to find a specific article that was linked in the post. That says recall in 2004 that the darkness of the dtcc was successfully breached by dr leslie boney, acting as a visiting economic scholar on behalf of the sec that was designing regulation sho at the time it says what she found was disturbingly high levels of strategic or Intentional unaddressed felder delivers well in excess of what she anticipated.

This is a now popular way to breach this darkness is to order a freedom of information, act or foia analysis of felder delivers held at the dtcc. This mechanism has substantiated the existence of massive levels of unaddressed and archaic filter delivers in the shared structures of targeted corporations and a third way to breach. This darkness is to hire a massive network of private investigators or amc apes that do that due diligence to delve into the behind the scenes activities of the dtcc and in a naked short selling world in general. The expose covering this approach to illumination was written by mark mitchell and is available at deepcapture.com.

This excerpt comes from a 142-page document on the sec website about naked and synthetic shorting. I do think that requesting the true number of ftds for gamestop and amc through the freedom of information act is a good idea and something that we should all do. I think this was actually performed once or twice back in june, but only by very few individuals. I think we've paid more attention to this.

I think the dtcc would have no choice but to provide us with the information, so guys be sure to. Let me know down in the comments below what you think about melvin capital losing even more for the year and liquidating their fund and as always guys, if you enjoyed this video, be sure to check out some of my others. Alternatively, subscribe to channel and ding that notification bell, because that way, you'll be alerted when i upload a new video cheers.