Balkan!Ape!AMC

[Martin Kuban @MartinKuban]

🫶 🇺🇦 Slava Ukraini 😂

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

BREAKING 🚨 HESTER PIERCE RESIGNS FROM THE U.S. SECURITIES & EXCHANGES COMMISSION—EFFECTIVE OCTOBER 1, 2026

Why would she only give 7 days notice?

I'm sure retail investors will have a lot to say in the comments... Are you sad or do you rejoice that she's leaving the SEC?

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

🚨 Most stock trades DON’T hit the real market.
They go to dark pools.
Private. Hidden. Off-exchange.

Today ~80% of all AMC stock trades were OFF EXCHANGE!

Here’s why retail keeps getting ripped off 👇

📉 You think buying pushes prices up.
But 50–80% of ALL retail orders never touch exchanges

They’re routed away.
Your demand gets neutralized.

🕳 Dark pools = private trading venues for institutions.
No transparency
No real price discovery
No public pressure on price
Buy pressure disappears.

📊 Funds can:
• Absorb retail demand quietly
• Accumulate shares cheaply
• Release later when price moves

Perfectly legal.
Perfectly ONE SIDED.

⚠️ This is why stocks stall on heavy buying.
Orders are buried.
Price stays controlled.

🔥@LitXchangeApp fixes this.
No dark pools
No PFOF
Real exchanges only
Real supply + demand again.

👉 https://t.co/vGgHLowNR2

📢 Share if you want a fair market.
Most people don’t even know this is happening to them.

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

Michael Burry posted about Gamestop today. 18 pages from his perspective.

Here’s a clear, plain-English summary of that text:

The author reflects on GameStop in 2025, noting its ~$10B market cap, which feels shocking given how cheap the stock once was.

If they had held GameStop the entire time, their investment would now be worth ~$250 million, comparable to a very successful long-term semiconductor investment.

Ryan Cohen has been running GameStop for some time. His leadership hasn’t been perfect, but:

GameStop now generates significant free cash flow

Holds a lot of cash

Has asymmetric convertible debt

Has shifted its business toward online, digital, crypto, collectibles, and fewer physical stores

The author views GameStop as a “melting ice cube” business with optionality, similar to how they analyzed it in 2018, but:

The company is now much larger

Short interest is only ~16%

Ryan Cohen is in charge

They believe historical perspective is valuable for understanding investments.

This post is meant as a “foundations” piece—background and context for future posts.

A final follow-up post will come next, focusing on the author’s current investment thesis on GameStop.

TL;DR:
The author is framing GameStop’s evolution, explaining why its current state is remarkable compared to the past, and setting the stage for a deeper investment analysis in the next post.

My thoughts - There's a lot that Burry didn't mention including but not limited to;
the recalculations for short interest having been changed in 2021, market makers naked shorting the stock on behalf of their own hedge fund, the SEC findings that shorts haven't closed their positions as stated in their "Gamestopped" report given to the US House Financial Services committee, and the collusion between market participants including brokerage like Robinhood, MMs like Citadel and Virtu, clearinghouses, prime brokers (banks), and even the Biden Whitehouse, the insane swaps held by archegos that collapse credit suisse which are now held as legacy costs by UBS, the derivatives trade overseas to reduce visible short interest and roll FTD's almost indefinitely, the baskets of stocks trading with the exact same charts during volatile times like AMC, TLRY, KOSS, SLV, and MUCH MORE.

Burry touched on the subject only from his investment strategy perspective and not that which reflects due diligence that retail investor shareholders have done over the years. It's what's worked for him over the years.

All in all - it was a good summary that left out so many details that is nothing more than his recounting of the situation as it played out. He closed his position in December 2020, about 1 month prior to the gamma squeeze of January 2021 because many of his clients needed their funds to pay taxes and such.

The trade evidently continues for those willing to exercise the patience required to see it through.

I will continue to hold and buy and hold some more as GameStop and outer companies that continue to build their fundamentals, pay off debt, and evolve such as AMC, move toward a date when those shorts, FTDs, and swaps that have been rolled for the last few years can no longer be rolled into the future.

Eventually, the wheels will fall off the apple cart, and when they do, these retail investors will be the ones to laugh last and enjoy some fresh baked apple pie 🥧 with their movies and video games.
- @BossBlunts1

[Barchart @Barchart]

JUST IN 🚨: Japan's 2-Year Yield jumps above 1.03% for the first time since the Global Financial Crisis 🤯👀

[Alice Weidel @Alice_Weidel]

"Bevor unsere Soldaten eingezogen würden, müsste man die hier auf Staatskosten lebenden Ukrainer, die im wehrdienstfähigen Alter sind, alle mal zurückschicken. Damit würde man der Ukraine im Selbstverteidigungsfall am meisten helfen. Und nicht mit unseren Soldaten."

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

BREAKING 🚨 US OFFICE OF FINANCIAL RESEARCH SHOCKED TO LEARN OFF-EXCHANGE REPO MARKETS (DARKPOOL REPO LOANS) EXCEEDS $5 TRILLION 😱

That's over 100% MORE than expected...

The report states this could cascade into domino bankruptcies and systemic crisis.
Lehman Bros on mega steroids💥

Repo = basically short-term loans backed by bonds that can amplify systemic shocks and liquidity issues... Margin Calls ☎️ & domino bankruptcies worldwide

The total REPO market now exceeds over $12 TRILLION

Thr shadow banks $5 trillion is now 40% of the ENTIRE $12 trillion US repo market per the Federal Reserve = remember that's more than double their prior estimates

In 2008, the repo market's lack of transparency fueled uncertainty, as regulators and financial institutions underestimated risks in shadow banking sectors like mortgage backed securities

Most people fail to realize that the MBS crisis in 08 was actually due to the repo markets, EXACTLY LIKE TODAY 🌋

Janet Yellen warned us about this way back in 2021 = anyone following me on YT or Twitter for awhile has seen me sharing the video of Ole Yeller 🐶 testifying in front of Congress, stating that this is the number 1 risk to the entire global financial system...

Now we're finding out the repo market is DOUBLE what Yellen and regulators thought at the time

#2 risk, according to Yellen, is overleveraged hedge funds.

Surprise, surprise, folks

This opacity of off exchange trading could obfuscate (hide) these building pressures, allowing market stress to cascade undetected, much like how hidden subprime loan exposures (repo market derivatives) snowballed in 2008.

Recent events echo this, such as the October 2025 repo rate spikeS where banks borrowed over $15 billion from the Fed's Standing Repo Facility (SRF) in two days, signaling private market strains amid depleted reserves (down to $2.8 trillion from QT)

- Hedge funds $1.3 trillion in short Treasury positions via basis trades could unwind under rising rates, forcing Treasury fire sales and pressuring prices, akin to 2008's collateral crisis

- Global spillovers remain a HUGE threat, with non-U.S. banks relying on dollar repo funding (European and Japanese banks = 30% of liabilities) potentially transmitting stress via currency swaps

Can you say Japanese Yen Carry Trade?

Fuck... I'm tired of writing. This took about 55 minutes to write up. You get the idea.

Repost, bookmark, and follow for more if you learned something to show appreciation for my efforts.

🚫This darkpool off-exchange BS has to stop = So we've spent the last 4 years creating a stock and crypto brokerage firm and app to combat this by routing to LIT MARKETS 💡

🔥 Follow @LitXchangeApp = you can even become a Founder in the company. Link in bio. 🔥

[Orbán Viktor @PM_ViktorOrban]

I received a letter today from President @vonderleyen. She writes that Ukraine’s financing gap is significant and asks member states to send more money. It's astonishing. At a time when it has become clear that a war mafia is siphoning off European taxpayers’ money, instead of demanding real oversight or suspending payments, the Commission President suggests we send even more. This whole matter is a bit like trying to help an alcoholic by sending them another crate of vodka. Hungary has not lost its common sense.

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

🚨 Why I Think Michael Burry Is Shutting Down Scion 🤌
And Why the Timing Matters 🔥

Consider his liquidation letter, his depreciation thread on the hyperscalers, and his “me then, me now” Big Short meme....
They all point to the same story.

🫧 Burry thinks we’re sitting in an earnings-inflated, AI-driven bubble = the kind a value investor simply can’t coexist with, without eventually getting steamrolled.

In the letter, he basically says it outright: “My estimation of value in securities is not now, and has not been for some time, in sync with the markets.”

That’s not a “I’m tired of managing money” line. That’s someone saying the numbers and the prices no longer reconcile.

And when a guy like Burry reaches that point, the rational move isn’t to ride it out and hope. It’s to step away from a structure that forces you to play in a market you think is detached from reality.

Then there’s his depreciation post. He’s arguing that the biggest winners of the AI boom 💥 META, GOOG, ORCL, MSFT, AMZN 💥 have been quietly boosting earnings by stretching the assumed lifespan of servers and GPU rigs that really only last 2–3 years. Extend the “useful life,” and depreciation drops. Drop depreciation, and EPS magically jumps 20–30%. The market is paying huge multiples on earnings he believes are structurally overstated.

Layer that with his “it worked out then, it’ll work out now” meme, and he’s essentially positioning himself as the same guy who stared at subprime prospectuses in 2005.

Back then it was AAA paper derivatives built on garbage collateral. Synthetics of a synthetic: synthetic swaps squared...

Today he sees trillion-dollar market caps built on AI capex and accounting assumptions that snap back in 2026–2028. Along with unaffordable and overpriced housing market, combined with a stagnating economy

So why shut Scion now?
Here’s my read:

He expects a major repricing in the very stocks dominating the indices; and he doesn’t want to spend the last, craziest phase of the bubble managing other people’s money, particularly when they can't understand what's happening

If he’s right about the understated depreciation, earnings growth for the hyperscalers slows hard (or goes negative) just as the AI narrative cools.
Multiples compress.
Passive flows reverse.

And because the “Magnificent 7” are the market, everything else gets dragged down into the shitter along with it

From his vantage point, that’s not a garden-variety correction. It’s the equity version of the housing crash: years of false comfort, then a sudden break when the math can’t hide the truth

Closing Scion solves several problems at once.

He avoids benchmark-chasing and redemption pressure from people scared to hodl.

He can short or sit in cash on his own terms.

And he sends a message; if valuations have drifted this far from true earnings power, the most responsible thing he can do is hand the money back!

I don't think this is Michael Burry walking away from markets. It’s Burry stepping aside because he thinks the show has entered a familiar late-cycle mania built on flattering models and aggressive accounting that ends in a long, grinding reset at the top of the index.

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

BREAKING: 🚨 Michael Burry EXPOSING GLOBAL TECH SECTOR SCAM 🚩🚩

He accuses giants of cooking the books 📚 like META, Google, Amazon, Microsoft, and Oracle of inflating earnings via accounting tricks.

They're extending AI server lifespans from 2–3 years to 5–6, understating $176B in depreciation from 2026–2028.

By 2028, Oracle could overstate profits by 27%, META by 21%.

Burry: “Understating depreciation... one of the more common frauds of the modern era.”

The AI boom might be another mirage. Burry stated he will drop full details Nov 25th.

If you're at all familiar with the accounting tricks Nvidia / Coreweave, etc, have been using = this isn't surprising at all

Let it 🔥 🔥 🔥

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

WARNING 🚨 Bank reserves have dropped to lows not seen in decades

🚩Reverse Repo excess liquidity has been completely drained from $2.6 TRILLION to $5 billion

🚩Fed Repo loans to banks today exceeded $10 BILLION... $40 Billion in the post 2 weeks

Something is about to break...

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

WARNING 🚨 BANKS BORROW $50 BILLION IN EMERGENCY LIQUIDITY FROM FED REPO WINDOW TODAY ‼️

🚩 $20 BILLION THIS MORNING AND $30 BILLION MORE IN THE AFTERNOON ⚠️

CRISIS INCOMING 🚩

[Financelot @FinanceLancelot]

On 17 Sep 2019, the REPO market catastrophically failed, forcing the Fed to intervene with $255B.

Then a once in 100y "deadly virus" magically appeared 1m later 😉, allowing them to bailout the system with $6T

Jan 1 they pulled $110B away from the banks, triggering the collapse

[Financelot @FinanceLancelot]

This is a shocking chart. It's foreign owned U.S. Treasuries held by the Federal Reserve. Every drop has been a liquidity crisis.

When foreign governments or banks need Dollars the Treasuries exit.
It's now lower than the depths of the 2020 crash 🚨
https://t.co/wPl8S40tqH

[Financelot @FinanceLancelot]

On Sep 17, 2019 the REPO market catastrophically failed, forcing the Fed to intervene with $255B. Then a once in 100 year "deadly virus" magically appeared 2 months later😉

Intervening in REPO gave Jerome Powell full control over when the magic carpet was pulled away in Jan 2020

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

🚨 GAMESTOP SHARES BEING FORCED LIQUIDATED 🚩🚩

Boys and Girls, we just found out who's naked $GME stock.

Stock broker-dealer, Korea Investment & Securities (subsidiary of BNP Paribas, prime brokerage parent co) just told clients they’ll be force-liquidated out of $GME options ⚠️

👉 All $GME options will be force liquidated Sept 30, 2025, midnight
👉 Trading halt begins Sept 30, 2025
👉 Reason: “system change due to rights” 🤡 🤡
👉 Fee: $12.50 per contract

Sounds routine? It’s not 🖕

Here’s how this can WRECK prime brokers like BNP Paribas 👇

1️⃣ Locked out during volatility
If $GME spikes between Sept 30–Oct 3 (while positions are frozen), shorts can’t hedge. They’re forced to cover later at brutal prices. 💥📈

2️⃣ Synthetic & naked shorts exposed
Rights adjustments force clearinghouses to verify deliverables. If a broker has been selling phantom shares/contracts? That exposure is laid bare. 🔍🚨

3️⃣ Collateral crunch
Forced liquidations + volatility = margin calls. Clearing members (like BNP) must post massive collateral FAST. If $GME runs, losses can snowball. 💸💸

4️⃣ Regulatory trail
Every forced liquidation is logged. Regulators & counterparties see exactly who dumped, who failed, and who was short. No more hiding. 📝👀

So while retail pays $12.50 a contract, BNP faces billions in potential exposure if $GME runs while their system is “offline.” 🎭🔥

BNP is sweating...

💀 Why BNP is truly screwed:

They’re the clearing broker - meaning when their subs and clients blow up, they have to backstop the losses.

If hidden short positions get exposed during this rights adjustment, BNP can’t shuffle it off-book anymore.

Sept 30 isn’t just a cutoff for retail contracts... it’s the moment their entire synthetic short strategy risks blowing open.

That $12.50 fee? That’s nothing but a scare tactic.

Behind the curtain, BNP could be staring down billions in forced losses from covering, collateral drains, margin calls, and regulatory heat if $GME runs 🎭🔥

This is NOT NORMAL, folks.

👉 Tired of the BS brokers?...

✅️ Then you need to check out
🔥@LitXchangeApp...

BNP isn’t just sweating...
💥 They’re cornered‼️‼️‼️

🐀 fleeing 🚢 of 🩳 🩳

[Dr. Markus Krall @Markus_Krall]

Frankreichs Regierung fällt. Die Folgen werden enorm sein. Muss Frankreich gerettet werden, wird nach den Erfahrungen mit anderen Eurorettungskandidaten eine 1,3 Billionen-€-Rechnung auf Deutschland zukommen. Alles dazu bald im Webinar bei https://t.co/vYN8qK6ltC

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

Jim Cramer
"Bear Stearns is a FORTRESS!"
March 2008

Lehman Bros & Sterns collapse

Jim Cramer
"Silicon Valley Bank has room to run!"
Feb 2023

SVB collapse

Jim Cramer
"@gamestop is a sell, sell, sell! @AMCTheatres is a dead man!"
May 2024

Short hedge funds collapse imminent

[Financelot @FinanceLancelot]

Monday September 8th was the bottom of volatility in 2008 before it exploded higher beginning September 9th.

[The Butcher of Wall Street | Marcel Kalinovic @BossBlunts1]

🚨EVERGRANDE IS DELISTED TODAY!

If you shorted Evergrande back in 2022 and 2023 when I told you it was going to be DELISTED, you just made a ton of money 💰

In March 2024, the CEO, Mr Hui, was fined $6.5 million and banned from China's capital market for life for overstating his companies revenue by $78 BILLION!

At the time of its collapse, Evergrande had OVER 1,300 projects under development in 280 cities across China.

100s of billions of dollars have been wiped out of equities markets.

Countless banks have officially realized their unrealized losses.