Welcome back to the channel everyone today, i want to talk about the crazy predicted quarterfinal results for amc. I also want to talk about pete han saying that amc price is being suppressed, but before i dive in with the information i wanted to introduce to you all my latest and unfortunately final christmas, related hat here, we have a reindeer with santa riding on board. Hopefully, you've enjoyed the festive headwear and i want to dive straight in with the key information. So amc entertainment is expected to announce quarterly sales for quarter four of 1.16 billion dollars.

Three analysts have issued estimates for amc with estimates ranging from 1.12 billion to 1.22 billion amc posted sales of 162.5 million during the same quarter last year. That obviously indicates a positive year-over-year growth rate of 613, which is absolutely insane and nearly as much as the stock has gained over that same time period. So that's expected to take total current year sales to around 2.47 to 2.57 billion dollars with next year's sales, estimated between 4.87 billion and five billion dollars. Now this is also a stark increase from last quarter.

In quarter three, they generated 763 million dollars. Obviously, that's very very good, but one point one two to 1.22 billion is absolutely incredible and nearly double the previous quarter. Now, if we have a look at some previous years, in 2019, amc did 5.47 billion in revenue in 2018, 5.46 billion and in 2017 5.08 billion. So, therefore, for next year, amc is expected to be back on track to pre-pandemic levels, which is brilliant news, and i also want to show you this interview with the imax ceo and why he thinks that the short thesis is absolutely rubbish.

Let's take a listen to what he had to say: imax ceo richard gelfant rich. What should these debut numbers say to those who have predicted that kovid will eventually kill the movie theater experience for good? I think we should say to them. You are wrong. I mean you know the there have been predictions of the demise of the movie business for the last decades and decades, whether it was television well, you know before that.

Maybe radio, television, dvds vcrs it's always the end of the movie business. Now it's streaming the latest end of the movie business people want to go to the movies. It's a social experience, a special for these global blockbusters. You want to go with your friends, you want to be the first one to see it and the numbers don't lie.

As you said in your intro list, it was the third best ever not pandemic. Ever ever, shang chi open labor day weekend best results ever so. I think this people living in an alternative universe when they're questioning the numbers, but people want to go back to the movies, no matter what others narrative is, and that is something that i think is absolutely true. The movies have been dying for seemingly decades, as he said.

First, it was radio, then television and vcrs, then dvd then blu-ray now streaming. But yet the movies are here to stay, and it's because they have something which streaming services and vcrs can't replicate, which is that social aspect you go out to the movies to have a full day of it. You go out. You have the snacks, you go watch a movie and then maybe you go for dinner afterwards as well.

It's a lot better than just sitting at home and just watching a film on your own like streaming it on your own. Later on. In that interview, the imax ceo also spoke about the live stream concert with kanye and drake. That was a brilliant concert and tons and tons of people were actually going to the amc, theaters and other theaters around the world to watch that live stream concert and that's very, very similar to amc streaming major sporting events you're going out and getting that theater experience Or that concert experience without having to pay all of that money for an actual ticket like a ringside or courtside seat.

For example, you can still watch the sports game or the live stream concert without having to pay hundreds of dollars to get into the concert. Instead, you can spend five ten twenty thirty dollars and go to the movies and watch it there with all the snacks as well and guys. If you didn't already know, you can currently get up to 250 dollars in free bitcoin, just for signing up with blockbuy, using the link in the description below and making your first deposit with blockfi. Not only can you just buy some bitcoin and leave it there to sit, but you can also earn interest on your deposits paid in the even more bitcoin, so you can accumulate more and more with blockfy.

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That said, payment for order flow is brilliant and should not be removed and believe it or not. He actually introduced a new regulation to the senate on the 28th of october. Section 3102 investor freedom act of 2021., so this act is to amend the securities exchange act of 1934 to preserve commission, free trading and investor freedom for the people of the united states. By prohibiting the sec from banning payment for order flow and for other purposes now, this is dangerous for two main reasons.

Firstly, it says here that no broker or dealer or any person associated with a broker or dealer using the mails or any means or instrumentality of interstate commerce shall be deemed to have acted unlawfully or to have breached a duty under state or federal law. Solely by reason of having received payment for order flow, so this basically excludes people that receive payment for order flow from pretty much any lawful wrongdoing and also says that neither the commission nor any national securities exchange or registered securities association may prohibit payment for order flow. So again, it basically removes all ability of the sec to ban payment for order flow at any time in the future. Maybe it is revealed more and more in the future that it's a corrupt practice, but if this passes the sec won't be able to do anything.

I personally think not only is this a terrible idea, but it's also a very, very sneaky idea, basically letting those companies off the hook in the future. Now we also know that senator pat toomey is a strong supporter of banking deregulation, something that, on the face of it, is also a very terrible idea. On top of that, in 2019, the washington post reported that 10 of his 17 biggest campaign contributors are financial company officials. These are people that obviously want to vote for banking deregulation in order to generate more profits to pay themselves bigger bonuses at the sacrifice of the united states economy's health in 1999.

Toomey said, the trend in deregulation, beginning in the early 1980s, is one of the biggest reasons for the sustained economic expansion, also being one of the biggest reasons for the sustained economic collapse or economic recession in 2008.. Now believe it or not. The regulation is something that senator pat toomey still believes in. Hence why he's trying to deregulate payment for order flow, and it just seems to continue to be a terrible idea now.

I also wanted to touch on some comments from peter han the portfolio manager. He said i hope everyone's holidays are safe and happy. It's been a challenging year and a few days rest and family bonding is definitely welcomed. He then went on to touch about amc's total volume of 28.7 billion shares traded compared to the overall flow of 513.

514 million shares. He also notes that retail investors hold at least 80 percent of the flow, and therefore the majority of these 28.7 billion shares are going to be traded by the remaining 20 of the float, which is only around 100 million shares. So that means around 287 times. The float is being traded of amc, not just 57 times the float but effectively 287 times the float, because obviously most of those shares are being held and not sold or traded.

He said when i noted the high volumes in the spring. I made the assumption. The float was under-reported as in there was naked and synthetic shares and they must be out there. Peter han says i still believe that, but even if that is not the case, it's clear evidence that high frequency trading on the stock is out of control and he said, and given the high dark pool utilization for most of the year, and especially since june, especially In november and december, it is highly likely that dark pool utilization has been suppressing.

Prices therefore peter hand believes the true price of amc should be way higher than it actually is, and he said when you throw in the media bias. The astonishing amount of consistent felder delivers, and one can only conclude there is a lot of odd things currently going on with amc. He said i for one would hope that the dtcc, the sec and now the department of justice are working to resolve this. As from my perspective, it feels like the size of irregularities might be enough to constitute a serious systematic risk to the global market, and obviously this is an excerpt from the recent fed report when they said that meme stocks pose a serious systemic risk to the global Market now i also agree that it's not necessarily the meme stocks that are posing that systemic risk.

It's the irregularities and naked shorting on those meme stocks that present that systemic risk. Now i also want to touch on dr marco metzler. He said thanks a lot to you, the community. Yesterday i had the opportunity to discuss with marcel kalonovich or boss bluntz in an interview in front of the camera, about me as a person, but also my theories, views and visions which i've been sharing regularly here on linkedin for some time he said, as you can See in the interview, i am a real person and i'm supported by my team as a bondholder of evergrande, i'm happy to disclose my experience on this and give my assessment on the impact with the knowledge i gained as a former fitch senior rating analyst in the Industry he said i first became aware of the issues surrounding the stocks, amc and gamestop through the reddit community.

Here i often refer to business news and the apes due diligence to date and share content that would leave open room for an interesting, knowledgeable exchange. He said, of course, this does not mean that these thesises have all been confirmed. As fact, i rather see the posts as more of a platform for an open discussion. Now i completely agree with what dr marco metzler is saying as that's.

Basically, what my youtube channel is all about. I'm not necessarily here to report everything as absolute fact to you. I'm here to report the news and research that's been performed and let you make up your own mind about it, i'm here to bring important information to you. Guys that you might not necessarily have seen otherwise and give you my thoughts on that important information, not necessarily tell you gospel fact that you absolutely must do, because, obviously i'm not providing investment advice and now.

Finally, i also wanted to touch on evergrande with some evergrande news. Employees of evergrande branches in china announced a strike because evergrande defaulted on employees, wages, social security payments and provident fund, or pension payments or 401k contributions. Basically, and he said, therefore, all business is closed. Basically, every grande can't even afford to pay employee wages and therefore they've walked out and just simply stopped working.

This shows just how bad the money situation really is forever grande. Not only can they not afford those billions of dollars worth of onshore and offshore bonds, but they can't even afford to pay employees salaries and to show you just how bad it is as a conclusion, evergrande's capital or actual equity is only 3.9 billion yen, but it's Leveraged 2 trillion yen of financial loans, evergrande has no assets to sell for cash when it officially announces bankruptcy and liquidation, and the large amount of evergrande dollar debt has actually become official toilet paper. This goes to show just how doomed evergrande really is, and also how screwed the u.s financial system is as well, because they've invested so heavily in chinese real estate and chinese property developers. Guys be sure to.

Let me know down in the comments below what you think about peter han saying the price of amc is being suppressed by the dark pools and, as always guys, if you enjoyed this video, be sure to check out some of my others. Alternatively, subscribe to channel and ding that notification bell, because that way, you'll be alerted when i upload a new video cheers.