Welcome back to the channel everyone today i want to talk about mark cody's, secret amc plan. I also want to talk about elon musk selling off some shares in tesla and how that's going to impact citadel and cause them some margin problems so stay tuned and let's make some money, and now i want to dive straight in with the key information so mark. Hodes recently tweeted saying i also bought 60 000 shares of amc stock last week, which i've obviously recently covered in previous videos. He said before i have a plan for adam aaron, which i will communicate to him after the earnings where the stock goes.

Who knows, but my view is higher those that put words in my mouth. Please stop. I have things to do and best work alone. So somebody's done a little bit of research and potentially figured out mark cody's secret amc plan.

They've said, mark is heavily invested in overstock, mostly because of their ownership of t-zero. T-Zero is the only crypto platform that has finra and sec approval to be a marketplace for digital securities. So this is basically the only crypto platform so far that can be a registered nft marketplace. Mark's plan is to get adam aaron to partner with p0 to create a digital security, and then it can give it out as a dividend to shareholders, basically an nft dividend.

Now, right now, amc can't technically issue dividends because they still have a lost reserve and they're still making losses quarter over quarter. We do know that in the future, amc will be profitable and will be able to issue a legal dividend. However, there is also nothing that actually stops amc from just distributing some nfts to their customers or to their shareholders. It doesn't have to be a legal financial dividend.

It can just be a gift of an nft overstock did this by issuing a crypto dividend and it blew the shorts out of the water. It ran from three dollars to a hundred and twenty dollars. The deal is if there's 2 billion shares floating out there because of the naked shorts and options malarkey. They have to buy them all back because they only have 500 million nfts to give out to us.

Basically, what's going to happen is amc is going to say they want to give out nfts to each of their shareholders, one nft for every one share in issuance. So basically that means that amc is going to have a nice collection of 513 million nfts ready to distribute, but then they're going to see a line of 2 billion shareholders waiting to collect their nft amc is then going to obviously say well something's wrong. We've got 513 million nfts here because that's the size of our float, but there's 2 billion shareholders that want an nft or that we have to give one to and that's where these hedge funds that have been illegally naked shorting. The amc stock will have to buy back the illegal synthetic shares because they have to give out all of the nfts to all of the shareholders, and every single shareholder has to have one.

Basically, all of the synthetic shares will have to be brought back for the nft to be properly distributed and mark hodes specified and said. Let me make a few things very, very clear. Since february, i've said that what went down with citadel and robin hood was horrific. Illegal and needs to be looked into.

Individual investors were screwed to the wall to benefit over leveraged players. I have spoken on many pods, which i think he means podcasts about this and i've said all participants, including the government, need to get to the bottom of what happened. He said as the year has gone on. I've heard more and more stories of individuals getting cheated and it's really annoyed him as filmed in the apes together documentary and he made the decision to do whatever he could to help the cause, because if it happened once it could happen again, i believe that the Individual has rights and i believe they were cheated.

I also believe that change can happen if people get organized. I think this is brilliant news that mark codes wants to help the cause. I think it's also brilliant that he's putting his money where his mouth is. As he's brought 60 000 shares of amc, which is worth well over a million dollars, i think it's also brilliant that he has a plan for adam aaron, which he will communicate after the earnings.

Hopefully, this plan is a very, very interesting plan that potentially involves the release of an nft dividend or an nft gift and potentially causes the amc squeeze. Also, if you didn't already know, mumu are currently holding a massive two hundred thousand dollar giveaway. To celebrate the ninth anniversary of their parent company futu, all you need to do to be with a chance of winning part of the 200 000 prize pool is to download the moomoo app open, an account deposit, at least a hundred dollars, and play the muumuu. Let's move game, the top 5 000 participants will win part of the two hundred thousand dollar prize pool moomoo also provide free, a real-time level.

Two market data they've also got advanced, charting tools and tons of other resources to help you trade, like a pro so be sure, to sign up to mumu, using the link in the description below to get these three free shares and also in part of the two Hundred thousand dollars - and now i also wanted to talk about elon musk selling off some of his shares and how it's gon na hurt hedge funds like citadel. So recently, elon musk made the following poll: much has been made lately of unrealised gains being a means of tax avoidance, so i propose selling 10 of my tesla stock. Do you support this? The vote was one with a majority. Yes, this obviously wasn't the full vote.

As this was only half hours through, but the vote is only live for 24 hours and did conclude with people supporting his sale of 10 of tesla stock. As mr beast pointed out, he said this twitter poll decides the fate of 20 billion dollars plus of tesla stock, so that basically means that on monday morning, elon musk is going to be dumping 20 billion worth of tesla stock onto the open market, probably with a Market order now there isn't significant from a total volume perspective, because tesla has somewhere between 60 and 80 billion dollars of tesla stock traded every day, but it is significant that the majority shareholder and ceo of tesla wants to dump 10 of his shares. That's going to cause a panic among the investors, harold's going to dump some of their shareholdings and will cause a drop in the tesla share price. Now how much of a drop in the tesla share price, i don't know, will it be one percent five percent? 10.

20. 30, who knows i mean it's probably not going to be 50, but i do think it's going to be a somewhat significant drop, and this is important because, among these funds, citadel investment group held the most valuable stake in tesla. It was worth around 16 billion dollars at the end of the second quarter on the second spot was arc which amassed 3.6 billion dollars worth of shares, so that basically means that citadel holds 16 billion dollars worth of tesla at the end of quarter. Two now considering the tesla price has basically doubled.

They could potentially be holding around 32 billion dollars worth of tesla. If tesla crashes by 10, then they're gon na lose over three billion dollars in cash, like that. Losing three billion dollars like that could cause a giant margin problem for citadel and they could fail to meet margin requirements, and i also have some very, very interesting news between the gamestop and loop ring partnership, someone tweeted saying at loop ring and at one of the Loop ring developers - this is the way here. You've got one of the loopering developers, handing loopering to gamestop, and this post was actually liked by one of the head loopering developers.

This is very very interesting because it basically shows that loot print are indeed liking. The potential partnership between blueprint and gamestop - this is now all of a sudden. Turning into one of the worst kept secrets in the crypto space. Hopefully they release the official announcement soon, and i also wanted to talk about the wider market and how berkshire hathaway see a coming market crash and what they're doing to prepare box.

Hathaway's operating earnings popped 18 last quarter with buffett's cash, pile at a record 149 billion dollars. Therefore, warren buffett is basically stockpiling cash and not investing in companies at the moment, because he obviously wants a very large cash reserve to pounce. At the market crash box reported operating income of 6.47 billion dollars in the third quarter, rising 18 from 5.48 billion dollars in the same quarter. A year ago, at the end of september, berkshire's cash pile reached a record 149.2 billion dollars.

The record amount of cash came despite berkshire's aggressive share buybacks. Therefore, even though berkshire hathaway have been aggressive, spending tons of cash buying back shares, they still have a record amount of cash, and it says here: berkshire hathaway saw another double-digit increase in its operating profit. Thanks to a continuous rebound in its railroad utilities and energy businesses from the pandemic, while the company's cash pile hit a record high as warren buffett continues to sit on the sidelines. This is super interesting that even warren buffett's he's a massive coming market crash and he's doing his best to prepare by holding as much cash as possible to take advantage of the discounted prices.

And finally, i also wanted to talk about millions of empty homes. In hundreds of ghost cities, exposing the corruption of communist china's regime in 2016, china's communist regime launched a series of policies to develop cities outside the largest urban conglomerates as part of a redevelopment drive. But the inadequate planning and widespread corruption ended up producing flawed projects that left cities abandoned, super indebted and millions of homes. Unsellable the crisis of china's real estate giant evergrande revealed a serious situation that affects the company and the entire asian country.

According to recent reports, china has more than 30 million unsold houses at any moment, giving rise to hundreds of ghost towns completely indebted and with no horizon how to get out of the abyss. In this context, real estate development companies such as evergrande, began to build throughout the country and take on debt in the local and international markets. At first, many buyers appeared allowing the business to expand, but the steep decline in real estate sales rates drove potential buyers away. Many of the towns were even abandoned, midway through construction due to the lack of financing or have faced bankruptcy due to the lack of real estate buyers.

Faced with this situation, real estate developers are unable to pay the interest on debt, forcing the government to intervene to avoid a possible financial collapse, a figure that i think is absolutely incredible was said by a manager of shenzhen, oct cultures group. And he said during an interview with the national business daily that real estate companies jumped on the bandwagon to develop these charisteric cities quickly, but none of them are particularly successful and basically 90 of them were doomed to fail. So ever grande isn't the only problem. There's tons and tons of other developers just like evergrande that tried building out these cities but failed and that's why there's now ghost towns, with over 30 million properties that are unsold at any one point guys be sure to.

Let me know down in the comments below what you think about mark coders's secret amc plan. If you haven't already be sure to sign up to moomoo using my link in the description below to get those free shares, because at the end of the day, everybody loves free money and as always guys if you enjoyed this video, be sure to check out some Of my others, alternatively, subscribe to the channel and ding that notification bell, because that way, you'll be alerted. When i upload a new video cheers.