CITADEL JUST REVEALED THE TRUE AMC SHARE COUNT! - AMC Stock Short Squeeze Update

today I want to talk about how either Citadel or the SEC has leaked the true number of both AMC and GameStop shares and existence this isn't just a glitch that impacts one company it's actual reported data coming directly from Northern Trust that impacts both companies so stay tuned and let's make some money I also wanted to quickly announce the Labor Day sale at the millionaire mindset Trading Group just use code Labor Day or all as one word all in capitals at checkout for $100 off the price of the lifetime membership or 25% off the price of the monthly membership using the link in the description below so I want to dive straight in with the key information so first let's go over the screenshots what the screenshots are actually showing and how many shares actually exist and then talk further about where this data is actually coming from so firstly bams has posted posted this screenshot saying the 4.7 billion shares of GameStop that people are showing me check the site's data source and I'm sure the hedge funds will say that it's a glitch so this data is coming directly from the Morning Star website which obviously shows the filings from a number of different institutions and how many shares of GameStop they're holding included in this list is companies like Vanguard like Black Rock State Street Fidelity and others that own multiple million shares of GameStop but up here at the top we have NT EXT or extended EQ or Equity MKT or market index fddc lending which has 4.7 billion shares so in a second I'm going to explain exactly what ntex EQ mqt index FD DC lending actually is and what they're actually holding but right the bat that's a ton of shares that's one individual real company that's just reported or at least one individual real Index Fund that's just reported they're holding nearly 5 billion GameStop shares as this account on Twitter has tweeted he said that's worth $133 billion worth of GameStop shares held by one company and again it's not just with GameStop because the exact same company on the exact same website is holding nearly 15 billion AMC shares again it's that same ntext EQ MKT index fddc lending holding as I said 14.9 billion again it's in that same list as Vanguard Black Rock Fidelity State Street and others holding multiple millions of AMC shares now this actually makes a whole lot of sense as this number of shares is very close to or exactly what was widely speculated in terms of how many AMC shares actually exist for a long time we've estimated even back in 2022 2023 that between 2 to 10 billion AMC shares were in existence and had been sold short now obviously if we estimated between 2 and 10 billion one to two years ago that number could have easily increased now to 15 billion or above again same with GameStop we know GameStop is a company with a higher share price so in the there would also be less shares in existence and sold short and 5 billion is about a third of the number of AMC shares sold short or at least where shares have been sold multiple times over creating synthetic shares to the point where multiple times the flow is held by just one company but again arguably the all important question what exactly is NT EXT EQ MKT in DX FD DC lending well when you Google exactly that string of words or string of letters you get taken here to this website from Northern Trust NT being Northern Trust EXT being extended EQ MKT being Equity market index fund DC lending so effectively this is shares being held by Northern Trust Equity market index fund again an index fund is basically an ETF that holds shares on behalf of a company like Vanguard or black rock or in this instance Northern Trust now so what actually is the Northern Trust Asset Management extended Equity market index fund DC lending all about I also wanted to go through today's trade on AUD from the millionaire mindset Trading Group which is currently having its first day of the Labor Day sale so today I told the group that AUD had been a great stock for us in the past and that it's just released news of a deal with both Apple and Android telling the group I'd set my price alerts at $124 cents ready to buy that breakout I then also told the group exactly when I was buying AUD at that breakout time where it then ran nearly 30% today members of the group like Snowbird and Cass and a bunch of others managed to capitalize Snowbird made over $350 in just this one trade and Cass made nearly $300 in this trade as well nearly paying for their lifetime memberships from just one trade so guys be sure to use code Labor Day all as one word all in capitals at checkout for $100 off the price of the lifetime membership and 25% off the price of the monthly membership using the link in the description below well under investment objective it says the primary objective of the Northern Trust Collective extended Equity market index fund DC lending is to approximate or approximate the risk and return characteristics of the Dow Jones complete total stock market index and to achieve its objective the fund employs a replication technique which generally seeks to hold each index constituent in its proportional index weight okay the Northern Trust extended Equity market index fund wants to hold shares of companies included in the Dow Jones total stock market index in that same proportional waiting it employs a replication technique to do that and also makes use of Futures Andor options for the purpose of maintaining Equity exposure and also you guessed it the fund may also participate in Securities lending shock so it also wouldn't surprise me all 15 billion of these Shares are also lent out for the purpose of being sold sh what I also find really really interesting is it doesn't even seem like a fat finger error either it's not like they're holding 14949 00000000 where the decimal point is clearly in the wrong place they're holding a very specific number of shares and therefore what I think is that Northern Trust have accidentally reported exactly how many shares of GameStop and AMC they're truly holding now as the wondering capitalist has tweeted he said as the price of GameStop attempts to rebound the short selling climbs to new highs to try to suppress the price and he said it seems that the shorts are the ones who can never afford to forget GameStop so what we can see from this chart is the GameStop short sale volume between August and September of this year so we saw the GameStop short sale volume had been decreasing but all of a sudden over the last couple of weeks that's absolutely skyrocketed clearly we can see that shorts are whopping up massively the number of shares they're shorting on GameStop to try and suppress the price again I'm sure the exact same thing is happening on AMC as well but it's so interesting that it's not just happening on AMC but on both of these companies and the French amcap has noticed a very interesting correlation between the unrealized losses that banks are currently holding and US retail investors so radar tweeted this screenshot which I've shown you in previous videos which shows the number of realized and unrealized losses that banks are currently holding and have been holding over the last couple of years so we know that especially at its highest banks have been holding over $500 billion in un realized losses but the French amcap has pointed out there's always two sides to every trade for one person that makes a loss somebody else makes a profit and for somebody that makes a currently unrealized loss somebody on the other side has an unrealized gain so those unrealized losses for those Banks and for those hedge funds are effectively currently unrealized gains for retail investors and obviously one of the banks holding the largest number of unreal realized losses is actually Bank of America which is currently sitting on unrealized losses of almost 115 billion dollar inste a US debt default or even just a recession can effectively mean the death of Bank of America saying their plan is to effectively consolidate power among just one or two Banks and Travis has pointed out an interesting sequence of events also involving Bank of America he said Bank of America is sited out Prime broker Bank of America and their platform has been showing customer price glitches or customer data glitches on their app and Bank of America is obviously sitting on huge unrealized losses and Warren Buffett has been dumping tons of Bank of America stock in Mass logic obviously tells us that Bank of America is struggling especially if Warren Buffett is selling shares and he's also selling shares in apple as well and of course Bank of Amer America is citadel's prime broker which is potentially causing those huge unrealized losses Frank stocks also explained exactly the role that Bank of America plays for Citadel and in citadel's trading strategies he said the relationship between BFA and Citadel means that BFA is responsible for handling a significant portion of citadel's net derivative assets which are fully pledged as collateral reportedly around 96.6 n% basically Bank of America clears all of the transactions for Citadel Citadel has also pledged all of their assets as Security on loans and obviously those loans are effectively pledged with BFA he said as a prime broker BFA provides essential services such as trade execution clearing and financing which are crucial for citadel's trading strategies and of course the only way BFA provide that Finance will provide those loans to Citadel is with assets pledged as security or pledged as collateral and therefore the close relationship means that citadel's trading strategies and Financial Health and all of their assets are somewhat intertwined with bfa's performance and stability and any significant financial issues that BFA may be suffering such as hundreds of billions in unrealized losses also has an impact on Citadel basically saying in the the event of a Bank of America collapse Citadel would also be going down alongside but guys be sure to 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 upload a new video cheers