Tag: Naked Short Selling

GTII Pursues Legal Action Against Naked Shorts

Market News Today: GTII, Global Tech Industries Group pursues legal action against illegal short selling activities.
Market News Today: GTII, Global Tech Industries Group pursues legal action against illegal short selling activities.

Global Tech Industries Group, Inc. (OTCMKTS:GTII) is taking legal action against naked shorts.

The Nevada corporation announced on Monday that its board of directors has authorized management to move forward with appropriate legal action in connection with what it believes to be illegal trading activity in the Company’s shares.

As the Company previously disclosed, it has retained the legal teams of Christian Levine Law Group, LLC, (“Levine”) and Warshaw Burstein, LLP, (“Warshaw”), both of whom have specific expertise in stock fraud litigation, to handle the legal actions for the Company.

The legal actions may be directed at broker-dealers, market makers and other relevant parties the Company believes have been engaged in illegal trading activities that have resulted in a significant number of unsettled trades involving the Company’s shares.

In particular, it appears that certain market makers have failed to post regular or continuous proprietary quotations that are at or near the market on both sides and that are communicated and represented such that they are widely accessible to investors and other broker-dealers.

When market makers fail to meet this requirement, as well as other applicable requirements, it can bring into question whether they are engaging in “bona fide market making” and can avail themselves to any “locate” exemptions afforded to bona fide market makers when executing short sales, per Global Newswire.

GTII Naked Short Selling: What’s Happening?

Market News Today: GTII, Global Tech Industries Group pursues legal action against illegal short selling activities.
Market News Today: GTII, Global Tech Industries Group pursues legal action against illegal short selling activities.

Global Tech’s press release published the following statement:

“It appears that certain market makers have failed to post regular or continuous proprietary quotations that are at or near the market on both sides and that are communicated and represented such that they are widely accessible to investors and other broker-dealers.

When market makers fail to meet this requirement, as well as other applicable requirements, it can bring into question whether they are engaging in “bona fide market making” and can avail themselves to any “locate” exemptions afforded to bona fide market makers when executing short sales.

Further, in a recent administrative proceeding between Alpine Securities Corporation (“Alpine”) and the National Securities Clearing Corporation (“NSCC”) before the U.S. Securities and Exchange Commission, it was disclosed that the NSCC imposed a “Backtesting Charge” against Alpine (which action was contested by Alpine) due to deficiencies in Alpine’s “Required Fund Deposit” with NSCC “. . . that were attributed to net short portfolios in several stocks, with the ‘top driver being a concentrated short position in GTII’”, which is, obviously, a cause of concern for the Company..”

Roger Hamilton (GNS CEO) on Naked Shorting

The legal action comes after Genius Group CEO Roger Hamilton urged CEOs to fight against naked shorts, the illegal practice of shorting stock without owning or having to return the shares back to a lender.

GTTI: Roger Hamilton on Naked Shorts and Wall Street Fraud.

“They’re predators. They’re doing something illegal, and we want it to stop”, says GNS CEO Roger Hamilton.

The Board of Directors (the “Board”) of Genius Group Limited (NYSE American: GNS), a leading entrepreneur edtech and education group, approved at a meeting of the Board held on Wednesday 18th January 2023, an action plan to address illegal short selling of its stock.

This action plan includes creating a Board-led ‘Illegal Trading Task Force’ to actively pursue all possible actions together with the regulators in their discovery and prosecution of persons engaging in market manipulation involving the ordinary shares of Genius Group.

This Task Force will be led by Timothy Murphy, a Genius Group Director and former Deputy Director of the F.B.I., Richard Berman, also a Genius Group Director and chair of the Company’s Audit Committee, and Roger Hamilton, the CEO of Genius Group.

AMC, GME, Spark Major Interest in Market Manipulation

Market News Today: GTII, Global Tech Industries Group pursues legal action against illegal short selling activities.
Market News Today: GTII, Global Tech Industries Group pursues legal action against illegal short selling activities.

The AMC and GME communities initiated the controversial topic of naked short selling in the market during the events of the ‘meme stock’ frenzy.

Years of activism have triggered the momentum we’re seeing today in the retail community.

However, AMC and GME CEOs have stayed out of the fight against naked shorts.

AMC CEO Adam Aron has said in the past that they have not seen any ‘evidence’ of so-called synthetic shares.

Millions of retail investors holding the movie theatre stock have first-hand experienced the market manipulation, so this came off as rather appalling to most.

With GTII taking action against naked shorts, it makes you wonder; how many more companies will step up?

I’d love to hear your thoughts on this.

Leave a comment down below.

Market News Published Daily

Market News Today: GTII, Global Tech Industries Group pursues legal action against illegal short selling activities.
Global Tech Naked Shorts News: GTII, Global Tech Industries Group pursues legal action against illegal short selling activities.

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Investors Say CEOs Should Fight Naked Short Selling Like GNS

GNS CEO Roger Hamilton
GNS CEO Roger Hamilton – Market News Today.

“They’re predators. They’re doing something illegal, and we want it to stop”, says GNS CEO Roger Hamilton.

The Board of Directors (the “Board”) of Genius Group Limited (NYSE American: GNS), a leading entrepreneur edtech and education group, approved at a meeting of the Board held on Wednesday 18th January 2023, an action plan to address illegal short selling of its stock.

This action plan includes creating a Board-led ‘Illegal Trading Task Force’ to actively pursue all possible actions together with the regulators in their discovery and prosecution of persons engaging in market manipulation involving the ordinary shares of Genius Group.

This Task Force will be led by Timothy Murphy, a Genius Group Director and former Deputy Director of the F.B.I., Richard Berman, also a Genius Group Director and chair of the Company’s Audit Committee, and Roger Hamilton, the CEO of Genius Group.

The Company has been in communication with government regulatory authorities and is sharing information with these authorities to assist them.

Retail investors on social media are supporting Genius Group’s CEO Roger Hamilton in his efforts to expose and bring down manipulative short selling.

The retail community has voiced their concerns with dark pool trading, OTC trading, and naked short selling in prominent companies such as AMC Entertainment, GameStop, Mullen Automotive, Biora Therapeutics, Meta Materials, and many more.

“It’s like being robbed in a library, but you can’t shout ‘Thief!’ because there are ‘Silence, please’ signs everywhere.” – Roger Hamilton, CEO of Genius Group Limited.

Speaking Out on Naked Short Selling

Overstock CEO Patrick Byrne spoke out against naked short selling in 2007 but was ridiculed and eventually investigated himself by the Securities and Exchange Commission (SEC).

Elon Musk has commented on not just the SEC but has said at one point Tesla was the most shorted company in the market.

In a CNBC exclusive, Elon Musk says hedge funds have used short selling and complex derivatives to take advantage of retail investors.

Something retail investors who purchased so called ‘meme stocks’ in 2021 found out very easily.

“Hedge funds tank stocks using ‘short and distort’“, says the Tesla CEO.

A tactic where hedge funds impose their influence on corporate media such as The Fool, Wall Street Journal, and MarketWatch to scare people out of their money, then short the stock to capitalize on selloffs.

John Brda (Torchlight, MMTLP) talks naked short selling with GNS CEO Roger Hamilton.

Is Roger Hamilton the new voice for retail?

The retail community certainly seems to think so.

Unlike Patrick Byrne, who unfortunately didn’t have the massive support he deserved, Roger Hamilton has many large retail communities made up of millions of people supporting the cause.

Social media has allowed retail investors to voice their opinions and concerns regarding the manipulation of their favorite companies.

Citizen journalism platforms, such as FrankNez and Rebel News have helped spread awareness surrounding people’s concerns.

Should New Regulators Be Put in Place?

Retail investors are convinced FINRA, the DTCC, and the SEC are complicit in the market manipulation that occurs in these companies.

Citadel’s Global Head of Operations, David Inggs, has a board seat at the DTCC.

On January 28th, 2021, The DTCC waived $9.7 billion of collateral deposit, limiting institutional losses and limiting retail profits during the ‘meme stock’ frenzy.

The organization allowed several naked shares to flood the market prior to the massive jump in share prices only to help financial institutions in the end.

On the other end, out of the four commissioners in the SEC who voted, Hester Peirce was the only one who voted no on market transparency.

Hester Peirce is tied to a lobbyist group of anti-regulators.

The Intercept wrote a piece on Hester Peirce in 2015 titled, “SEC Nominee To Oversee Wall Street Works At Think Tank Dedicated To Blocking Regulation.”

And according to the research, Hester Peirce received 98% of her salary from the Mercatus Center, a “think tank” that provides an academic façade to a radical anti-regulatory agenda.

What does the GNS CEO have to say about our regulators?

The company is fighting back “because we want this to stop,” Hamilton told MarketWatch. “They’re taking value away from our shareholders. They’re predators. They’re doing something illegal, and we want it to stop, whether that means getting regulators to enforce existing regulations or put new ones in place.”

Should more companies fight naked short selling like GNS CEO Roger Hamilton?

Wall Street Naked Shorts
Wall Street Naked Shorts – Franknez.com.

GNS CEO Roger Hamilton is bringing the fight to Wall Street and regulators.

The retail community has his back, the question is, will other CEOs step in?

Many shareholders in the AMC community have urged the company’s CEO Adam Aron to speak out against the illicit activities occurring in the company stock.

The CEO has mocked short sellers but hasn’t taken an activist stance, yet.

Should more companies fight naked short selling?

I’d love to hear your thoughts on this.

Leave a comment down below.

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Credit Suisse Warns Investors of Naked Short Covering

Credit Suisse Naked Short Covering
Market News: Credit Suisse warns investors of naked short covering.

The SEC released Credit Suisse’s 6-K filing where the bank warns investors of potential losses due to naked short covering, more on that below.

Credit Suisse (CS) took a massive hit of $4.09 billion in Q3 and hints at occurring losses in an upturn in markets.

The bank recently called out AMC Entertainment predicting shares to fall to $0.95 despite the bank’s shares trading below the movie theatre chain company.

Now Credit Suisse is hiring 20 banks for a $4 billion injection in effort to pivot from Q3’s disaster.

Here’s the latest market news.

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Credit Suisse Naked Short Covering

Credit Suisse short covering news.
Credit Suisse short covering news.

In this 6-K filing, Credit Suisse warns investors of potential losses due to the high possibility of naked short covering.

In a statement, the bank says, “Conversely, to the extent that we have sold assets that we do not own, or have net short positions, in any of those markets, an upturn in those markets could expose us to potentially significant losses as we attempt to cover our net short positions by acquiring assets in a rising market.

“Market fluctuations, downturns and volatility can adversely affect the fair value of our positions and our results of operations. Adverse market or economic conditions or trends have caused, and in the future may cause, a significant decline in our net revenues and profitability.”

The closing of naked shorts would send affected securities soaring as buying momentum compounds.

Heavily shorted stocks may squeeze in the process, but the results would be disastrous to short sellers.

I’m curious to know your thoughts.

Leave a comment down below.

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Read: Credit Suisse Shares Are Now Worth Less Than AMC


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Proof of Naked Shares in AMC Has Surfaced [Data Driven]

Proof of naked shares in AMC

The incredible retail community is diving deep into collecting proof of naked shares in the market.

But more specifically in AMC stock.

In a case study done by Log the Float, the data shows more than 128 million shares of AMC were sold on Apex (clearing house), or 43.01% of AMC’s entire float.

It also equivalates to 24.99% of the shares outstanding.

Apex AMC naked shares

Below I break down their proof of naked shorting in AMC.

franknez.com

Welcome to Franknez.com – proof of naked shorting has surfaced in a data driven article by a community member. I will break down pieces of the long article to simply its content.

Let’s get started!

In this excel file you’ll find that AMC has the largest percentage of shares outstanding compared to a variety of ticker symbols held by Apex.

The second company with the highest shares outstanding is CAR stock at 16%, which just had a short squeeze.

Car Stock Short Squeeze Chart
Car Stock Short Squeeze Chart

Proof of Naked Shorting in AMC

AMC naked shares on Apex
Naked shares AMC

The lowest point of this graph reflects the 24.99% shares outstanding on Apex (December).

You can imagine how much higher this percentage was back in January and May of 2021 (peaks).

So, although we see an incredible amount of share dilution last year, the percentage is still rather high going into 2022.

LTF argues that the percentage should be around 1% or less considering Apex is not even one of the top clearing firms and touches topic on “market-maker alliance”.

While one might argue that we would need more information from other market makers to validate the existence of naked shares, this is certainly a good start.

The argument isn’t about how many naked shares are out there, but whether they exist or not.

Let’s hear what Charles Gradante has to say.

Also, be sure to watch the topic discussion on YouTube at the end of the article.

Charles Gradante on Naked Shorting

In this incredible event panel, hedge fund industry expert Charles Gradante provides us with insight on what’s truly happening from Wall Street’s perspective that mainstream media isn’t talking about.

While mainstream media and regulators look at retail investors, Charles Gradante explains market makers favor shorting stock, creating a massive conflict of interest given the incredible amount of power they have over the markets.

Charles Gradante on meme stocks and market makers

Charles Gradante says regulators don’t know how to handle “it” when referring to the market manipulation surrounding “meme stocks”.

“When shorting got out of hand, the market makers created synthetic shorts”

Charles Gradante

Charles provides retail investors with an immense amount of value in this short video.

He walks us through the taking away of the buy button in order to benefit market makers and hedge funds who went short on AMC and GameStop.

Ladies and gentlemen, we now have proof of naked shares in the market.

Retail investors must now look onto regulators to ensure every single naked share out there is bought back and reflected accurately on the lit market.

The biggest transfer of wealth will require individuals to tackle their rights for it.

Once again, the ape community was right.

What to expect moving forward

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AMC stock continues to be bought and held by retail investors across the world in attempts to squeeze big shorts from their positions and create real change in the markets.

The play has become more than just a trade, it’s become a movement.

Persistence and patience are what will create this massive transfer of wealth for anyone holding these heavily and overleveraged stocks.

Regulators will be forced to find solutions with integrity or face the consequences from the new world.

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Naked Shorting is Making it’s Way to Mainstream Media

Naked shorting AMC

The illegal practice of naked shorting has now publicly made it’s debut in the mainstream media. CNBC and FOX Business have both acknowledged the manipulation, and the AMC community is loving it.

Aside from that, Benzinga has just publicly announced the illicit activities. But, can they be trusted after several months of bashing the stock and our community?

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Welcome to Franknez.com – today I want to discuss how your voice is shaping our future. We’ve been heard..

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Hedge funds have been using illegal tactics such as naked shorting, to drive down the price of ‘meme stocks’.

Naked shorting became illegal back in 2008 when the economy collapsed. Retail investors are questioning why the SEC hasn’t stopped these illegal and unethical tactics on AMC or GameStop. So, what’s naked shorting anyway?

What is naked shorting?

Naked shorting is the illegal practice of trading a stock that is not available or does not exist.

Clearing houses are responsible for allowing or denying these transactions to execute, or go through.

Citadel is a hedge fund that has been shorting AMC Entertainment.

They are also a clearing house which means they hold accountability for allowing these illegal activities to occur in the first place.

The SEC needs to understand that hedge funds have too much power.

Their power must be divided.

CNBC on naked shorting / Melissa Lee

Melissa Lee has been the talk recently on social media regarding the mentioning of naked shorting.

It seems she accidentally let it out on live television.

Melissa Lee Naked Shorting AMC CNBC

I didn’t want to embed the video simply because of the noise. Sometimes noise is just irking you know?

Here’s the link to the video.

The community is speculating it was a mistake on Melissa Lee’s end but I don’t think so.

I personally think she was speaking freely.

The panel did not seem to like it though.

This clip came shortly after CNBC’s interview with Trey’s Trades.

The mention of naked shorts is incredibly helpful to the AMC community because it puts us on the radar at scale with what’s going on.

Retail investors have been filing reports since February regarding the illicit activities.

The question is why did it take the SEC several months to finally make a statement that they were looking into tightening restrictions on short sellers?

Jefferies Prime Brokerage blocks short sellers

Jefferies Prime Brokerage announced they will no longer allow the execution of short sells.

This gives retail investors the momentum they need to continue driving AMC’s share price through volume pressure.

As sources begin to block short sellers, it sends a message.

A message that these brokers will not support these unethical activities.

FOX Business on naked shorting

Charles Payne from FOX Business makes a great point when he questions why the SEC has allowed the illegal activities of naked shorting.

In this video you’ll find just how much FOX Business and its partners are against naked short selling.

Naked short selling was the cause of the last financial disaster in 2008 and could be the reckoning of the market today as well.

It’s amazing to see experts back up the community regarding naked shorting.

This is exactly what retail investors need in order to start seeing some change.

One of the biggest things the community wants to see happen is for margin calls to begin taking place.

Margin calls would essentially force short sellers to close their positions ending this once and for all.

And for the retail investors?

This would mean a short squeeze of a lifetime.

Benzinga Publishes Article On Naked Shorting

Benzinga is one of those mainstream media platforms that has been doing what The Fool and Yahoo Finance do best, and that’s lie to the public about the data our community has been sharing.

Well now Benzinga has published an article regarding naked shorting in AMC.

Should retail investors trust them?

I certainly don’t, but I’m glad our message has gotten through and that’s what ultimately matters.

Naked short selling and FTDs

Naked shorting has been the cause of many fails-to-deliver that were in the pocket and needed to execute.

Because many synthetic shares have been floating around in the market, call options in the pocket that should have gone through never did.

Hedge funds have been cheating the system.

Any fine the SEC gives to these institutions is only an operating expense. The SEC must be investigated by the FBI.

What can the community do about the manipulation?

The community has to be loud. Share this information.

But don’t just share it, voice your opinion too because it matters more than you know.

Tag people in power, tag the news, get things trending.

This generation is the generation to make real change happen.

In 2020 we saw what happened when the community stood up against corruption.

We are powerful united.

Hedge funds must be margin called. And once they are, their power must be divided.

Sign the petition to margin call Citadel here.

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Read: A message to the SEC on fails to deliver (AMC)



CNBC’s Melissa Lee Speaks Out On Dark Pool Manipulation

Melissa Lee Dark Pools
Melissa Lee Dark Pools – AMC & GameStop Stock

Melissa Lee is a reporter and news anchor for CNBC and is currently the host for Fast Money. Fast Money is a program that provides traders with information that is usually reserved for the Wall Street trading floor.

Melissa Lee has been highly appreciated by a very special group of retail investors in the AMC and GameStop community. For months now, these two groups have been uncovering the manipulation in the stock market.

The facts are AMC and GME stock should have naturally risen to higher prices. Hedge funds have been able to suppress the stock price by naked shorting it in dark pools (unregulated trading exchanges using synthetic shares).

And now the seeds the community planted early this year are bearing fruit. We’ve been heard.

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Welcome to Franknez.com – today we’re going to be discussing a win for the AMC and GameStop community. Amazing things are happening.

Lets get started!

SEC Is Looking Into Dark Pools

Melissa Lee took to twitter to share an important piece of information related to dark pools and stock market manipulation. She shared a video of Gary Gensler, Chairman of the SEC, in an interview with CNBC.

“SEC IS looking into dark pools and how so much retail volume is being sent to wholesalers/ off exchange”. Click play on this video, MUST WATCH. Shoutout to Bruce Wayne on Twitter for sharing this.

Gary Gensler is asked what will the SEC do about Reddit and TikTokers promoting stocks and crypto within the community. He says, “it’s trying to foster good debate and dialogue just like on this program here, about investing, and the retail engagement is positive“.

In other words, the SEC has absolutely no concerns with us retail investors. They’re priorities at the moment are looking into hedge funds cheating the markets.

“We’re taking a real close look at market structure”. In THIS SPECIFIC VIDEO shared on Reddit (a little longer), one commentator even stutters in disbelief of the conversation that just took place.

This is a massive win for retail investors holding AMC, GME, SNDL, and BB stock. These heavily shorted companies should begin to see an upwards trend in price action very soon.

Prohibiting FTDs And Naked Shorting

The NSCC has been working with the Feds and SEC to regulate and prevent FTDs and naked shorting from occurring in the market. Proposal NSCC-2021-010 will allow AMC and GameStop to run their course without interruption.

I’ve been saying for months now that our community has the power to make change happen. If you’ve ever shared a TA video, an article, voiced your opinion on social media, and have fought for the community, you made this happen.

And I’m confident once AMC and GameStop squeeze the community will only grow bigger. 2021 is the year the ape community was established. We’re not going anywhere, we will be here for one another when opportunities present themselves.

And when justice is required, we will take action.

Support the blog by sharing this article!

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If you received value from this blog article please share it with the community. Yahoo Finance and MarketWatch aren’t covering this but I am. A new era is unfolding.

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A Message to The SEC on Fails To Deliver (AMC)

A message to the SEC on failed to delivers AMC
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Disruption. Disruption in the finance world. New age retail investors have taken notice of the corrupt ways of our predecessors. Yes, predecessors. We’re stepping in now. Here’s to a better world.

I want to begin by saying I’m not a financial advisor. But I strongly believe in the power of finance, knowledge, and freedom.

franknez.com AMC FTDs fails to deliver

Welcome to Franknez.com – the blog where you can digest posts on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

Lets get started.

I want to dive into FTDs and provide new retail investors as well as the ape community with valuable information that’s easy to read and pick up. And as you can tell from the title of the post, this message is also to address the ones who should be doing their jobs.

This post is going to be relating to what’s going on with FTDs and AMC Entertainment. Let me walk you through the basics first before we dive in deep and uncover what’s really going on with AMC right now. By the time I was finished writing this article I realized we have the knowledge and power for real change as long as we continue to stick together.

Thank you for being here today.

What is a fail to deliver?

A failure to deliver is a situation where one party in a trading contract does not deliver on their obligation.

These trading contracts can be in the form of purchasing shares, call options, etc. An FTD simply means a submitted purchase did not execute, or go through.

By now you’ve probably heard there’s a ton of these FTDs circulating AMC. We’ll get more into that very soon, I promise.

So, what causes failure to delivers?

There are two primary reasons why failure to delivers occur.

  1. A buyer (retail investor) does not have enough money to pay for the transaction.
  2. A seller (short position) does not own all or any of the underlying assets meaning they cannot make the delivery.

*I want to point out that failure to delivers can also occur if there’s a technical problem in the settlement process carried out by the clearing house.

Citadel is Robinhood’s clearing house… They process settlements from investors trading with Robinhood. And as most of you know, Robinhood halted the purchasing of GameStop and AMC stock back in February. The announcement was made on Thursday, January 28th that they were limiting the trade of both GameStop and AMC stock.

Though Citadel has claimed in court that they had no role in Robinhood’s decision to halt buying, they are one of the biggest hedge funds shorting both AMC and GME stock.

Hedge funds should not have this much power.

Clearing houses should be neutral and only handle transactions. Their job should be to report illicit activities to the SEC. The power hedge funds have must be distributed amongst branches so that they oversee each other and ensure no one branch is too powerful.

Sound familiar?

What’s causing failure to delivers in AMC?

I strongly doubt retail investors lack the spending power to meet their number of share goals. What’s causing AMC failure to delivers has more to do with the processing of synthetic shares and lack of regulation.

What we’re seeing here is:

  1. Clearing houses cannot process the orders due to shorts and hedge funds not having possession of those assets.
  2. An insane amount of naked shares (synthetics) are being used to drive AMC’s stock price down.

You would think some sort of agency would be created to oversee this manipulation right? I’ll get to that shortly.

What is naked short selling?

Naked short selling is the process of shorting a stock without first borrowing the asset from someone else or ensuring that it’s available to borrow.

In other words, it’s fairy dust. Non existent, not real. Straight manipulation.

Is naked shorting illegal?

Naked shorting is considered to be illegal though firms who have used this technique to bankrupt businesses have never seen accountability due to succeeding in doing so. In other words, they’ve been able to wash their hands once a businesses has been taken off the grid.

However, AMC is no longer on the brink of bankruptcy. AMC is no longer going extinct. Naked shorting this company is not going to make its retail investors disappear and it’s certainly not going to stop Adam Aron, CEO and President of AMC Entertainment from moving the business forward.

I’m confident hedge funds naked shorting AMC are certain to face consequences this time around. We’re not leaving.

The 2008 crisis

2008 is when we saw a massive surge of failure to delivers. This is because hedge funds sought out businesses who were on the brink of collapsing to make some dirty money from.

2008 financial crisis

The use of naked shorting allowed failure to delivers to rise, ultimately bankrupting businesses. People lost their jobs and families faced real distress and turmoil. The parties who participated in these illegal and unethical strategies faced no consequences and boasted their ‘victory’ publicly.

Where was the SEC? The SEC has the power to stop fraud and monitor whether institutions have adequate capital relative to their trading positions as well as the proper risk management systems that could have prevented this catastrophic loss for millions of Americans.

Bare with me. I’m going to let you know exactly who the SEC is, or at least who they portray to be.

AMC’s millions of fail to delivers

The community of retail investors have just recently pulled up this data from the SEC ‘fails-to-deliver’ data.

AMC failure to deliver
SEC data
Franknez.com

AMC Entertainment saw over 7.5 million failure to delivers with almost 3.1 million occurring on the 13th and 14th of April, 2021.

The parties behind these purposeful failure to delivers need to be held accountable.

What can retail investors do?

Retail investors should continue to educate one another on this very important matter. The community as a whole is not only revealing the manipulation that occurs in the stock market, but uncovering the malicious intentions hedge funds have towards AMC Entertainment.

The SEC must put a stop to naked short selling at once

The SEC must put a stop to naked short selling AMC

The U.S. Securities and Exchange Commission is an independent agency of the United States federal government that was created to protect investors as well as the national bank after the market crash in 1930.

For reference

Lobbying – in politics, lobbying is the act of lawfully attempting to influence the actions, policies, or decisions of government officials, most often legislators or members of regulatory agencies.

So why isn’t the SEC doing anything about the illicit activity of naked short selling in the market? More specifically with what’s occurring with AMC and GameStop right now?

If you could say one thing to the SEC

If the SEC sees this article and you had a chance to get your voice heard, what’s one thing you would say to the SEC?

Leave it in the comments section below and make sure you’re heard.

Words of certainty AMC

Unapplied knowledge is wasted knowledge so be sure to spread this message with the community. We as a whole are uncovering something massive. And yes, I truly believe we can make a change here.

FUD should officially be off the table. We have all the data and certainty we need to see this through. Not only are retail investors going to profit from a short squeeze, but justice will be served for the financial crisis of 2008 and the current attacks on AMC and GameStop.

I also want to say thank you to the apes who are keeping everyone informed and to those of you who continuously take the time to do the research. Only by sticking together will the community see massive change. Stay positive.

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