Today was a good day to be an ape, and i want to tell you exactly why today you had thousands tens of thousands of people tune in to a court hearing about finance a year ago, my friends, i was spending that much time just watching anime i've Watched attack on titan through 10 times, but instead you have people who are giving attention and give a about what is happening in the u.s financial system. Tens of thousands of people tuned in to the citadel versus sec hearing regarding a new practice taking place in the stock market called d limit orders. If you do not know what deal limit orders are. This is essentially the idea of being able to prevent latency arbitrage, which is taking advantage of technology and time that is not available to every investor on planet earth.

And what you have here is citadel, who does not agree with this delimit order, which prevents latency arbitrage who sued the sec right because of the fact that they want to continue with that practice. Despite the fact that every other big market maker within the u.s financial system said nothing about it and what happened today is phenomenal. I want to talk about a couple different concepts here, but the most important thing to me is that people give a you had. So many regular everyday, individual retail investors that came to listen to this because they want to know what's going to happen in the financial system and that my friends is progress.

I cannot understate how important it is that that many people care about what is happening with other people's uh other people's system right now. The most interesting thing to me is this citadel citadel being a big party, a big firm in which a lot of fingers have been pointed at for some problems that have come over the last 10 months, probably the most problematic being the potential for some sort of Connection with the taking away of the buy button back in january with securities like amc, gamestop, blackberry, bed, bath and beyond yada yada, yada a whole list of freaking names right, they got some figures pointed at them, and yet they are arguing against something such as latency Arbitrage, which is very obviously a predatory practice and they've, claimed things such as we stand for retail investors. We do not think this is the best interest of retail investors, but they stand alone right. They stand alone and back in january.

By the way, they were the only major liquidity provider that was allowing transactions back in january for securities like gamestop and amc and blah blah blah, and you go on and on and on and on and on with the list, and that is not a coincidence. The fact that these guys are so powerful that they can control that much liquidity, that every other major market maker could not put up. Liquidity to fill transactions is a problem, and this is a problem and the most impressive thing that came from this hearing, my friends as they admitted to not at least present day, although i would argue against that 10 to 12 years ago, they have committed to latency Arbitrage, the taking advantage of technologies that allow them to fill orders in microseconds ahead of other firms to then go and sell them for that spread on the bid and the ass. Let me break this down in a very simple way: what happens here with latency arbitrage? What is citadel committing to when they practice something like this? Well, what they're doing is they're going on an off exchange sort of system such as an ats, an alternative trading system, and they will buy something taking advantage of that micro second window, where there's something such as stale action, stay up quote right and with that sale Quote they can go off that off exchange aka, a dark pool which, by the way, apes have been screaming about for literally months now and then go and sell that same transaction on a linux change or a different off exchange right and make money on that spread.

Guys these are the exact things that you've been arguing about with these big players for months, and you were right and it was said right there that they do those things that they've done those things it's out there, it's out there. They said it. They said it clear as data 10 to 12 years ago, they've practiced that they've committed to it they've committed a latency arbitrage which is going in a predatory way to make money with the sort of advantage that regular people do not have that's a start. And while this hearing would have taken place, regardless of whether or not apes gave a about what's happening on a day-to-day basis, i think the end state is what's going to be different.

I want to tell you why, because there's noise, any good change, that's ever come in the stock market in life in anything, has come with noise, with sacrifice with pain with blood, and that's where you guys come into the line right, because i like to assume that The majority of people who fight for amc, who fight for the stock market for all the same things that i like to believe in, have been hurt. They were maybe a part of when january happened and the buy button got taken away and they lost their investment. Maybe they knew somebody back in 2008, who got taken advantage of by the layman brothers, there's a whole plethora of things that could have compiled to that moment and people care that is what's going to change the end state. The hearing sure sure would have happened regardless, but how many people were paying attention to this sort of thing a year ago, how many people would have tuned into an sec versus any market maker hearing a year ago, a couple hundred 500 700 i'll tell you what I would have been doing.

I would have been sitting in my bedroom eating goddamn, cheetos and watching naruto baby. That's what i would have done. Dragon ball z attack not doing anything. I would have been paying attention to that.

No, but you are now you are now, and that is what is going to bring change. That's my takeaway people, paying attention to these things and making noise and talking about it. Having conversation about the problems that are very clearly laid out in front of us in legal documents and hearings like this, are what drive the change. So what now right? What now, as a holder of amc right as somebody who believes in a squeeze and somebody who believes in a more fair market and somebody who believes in the people on my left and my right, who wants a better future for everybody? I think apes need to focus on the problem at hand.

What caused january, what caused the buy button to be taken away in january, who was selling on the way down when the stock was halted? Who was buying those sell orders? There had to have been somebody right who was buying during the short sale restriction on the downticks, who was doing these things? What are the answers? What happened between robin hood and citadel back in january? Who were the big players involved back in january? Why was retail stolen from what caused the theft? Why was the buy button taken away? These are the things we need to know right, fixating on the day-to-day price action fixating on the day-to-day short interest right. Those are all important things for the very immediate future. If you're, trying to trade amc sure have at it focus on it, do that if you'd like, i want the catalyst, the catalyst that's going to drive a squeeze for the stock, because if you don't think the answer would drive the squeeze you're looking you're looking at It with your eyelids shut, i'm telling you that right now, right you're, just you got to think big picture here. I should be wearing my my uh, my eye patch, but i'm not looking at my screen.

So it's all good, but regardless that would drive a catalyst. It would also drive change which ultimately fights for a better market for yourself and for those to come for your family for your friends, maybe your future kids. These are things that matter, and you got to think of it. That way.

When approaching this situation, i want to know what happened to january, because that is going to open the conversation up to real systemic change, a real chance for what i think is going to be the squeeze the ass. This is a beautiful start. This is a stepping stone. This is a great place to really get the direction moving.

My friends and that's my takeaway from today right it got people jacked, because it's confirmation to the exact things we've been talking about dark, pool, abuse, right, latency arbitrage being able to take advantage of tools that everyday regular people do not have. You have citadel arguing about it right now, suing the sec over it because they want to continue on. This is how i'm going to close off this video. If they're arguing over microseconds of advantage latency arbitrage, microseconds, that's got to be the tip of the iceberg.

The top one percent of this iceberg i want to know, what's on the bottom, what's the chunk what's that 99 and if you want to know the answer to that, you already know you already know what you got to do. You got to know the answers to what happened in january. Much love, my friends catch you later. Peace,.