Sign New York Banking Living Will Safe

Industry sign banking new york living will safe

what's up everybody welcome back to my channel my name is rob and this is bird brain investing where it's so easy even a bird brain can do it if you guys know absolutely nothing about me or my channel once again my name is rob and this is a space where we talk all things personal financing and guys this shouldn't need to be said but i'm going to say it anyway nothing that i speak about nothing that i say nothing that has anything to do with anything that i say should ever be taken as financial advice it should only be taken as entertainment and speculation i would assume that you guys would know that already but i'm just throwing that out there just in case i'm just a guy on the internet that decided to name his youtube channel after his bird and i don't think you want to take advice financial advice from somebody like that anyway but i'm just putting that out there all right guys let's get into some real news so tomorrow today's sunday tomorrow the market is reopening and i expect a pretty positive day in the market this is the weekend after theaters have opened in new york city at 25 capacity after being closed for an entire year it's really exciting stuff actually if you didn't see the video i actually went out there for the reopening of amc to support in person not only that i also went and i saw a movie i was gonna say a friend of mine but actually i went in with my very own space ape and i'm gonna actually link that video right here somewhere if you didn't see it i think he got to because it's actually really really funny and half of the reason i went and did that was because i just wanted to support amc a stock that you know i'm very bullish on and a movement in in the movie theater that i'm really really big on and i believe in personally but the other half i just did it for fun and i did it because people need to laugh i needed to laugh everybody in the world has been extremely uptight at least in my opinion and for what i can observe so everybody needed to laugh and if you got a laugh out of that then it was a success that's all that means all right guys so if you haven't been keeping up just go through a really quick recap before i end with an interview that i'm going to be reacting to with the ceo of amc entertainment adam aaron he's really positive and optimistic about everything having to do with the theaters so if you don't take my advice from it do me a favor and stick around to the end and watch this interview he expects a lot of good things coming he expects a major recovery throughout all of cinema going and it's just going to be something that we could all look forward to whether we hold amc stock or whether we're just someone that wants to get out and go to the movie theater okay so guys if you haven't been keeping up with anything in the market it's been a bloodbath for the past few days and the tech stocks have been getting pummeled and my whole ideology with the tech stocks and it's going to relate to even amc is the fact that people in tech people that jumped in when all the tech got decimated last march they've made such substantial profits and a lot of people are feeling that the stock market is generally pretty over inflated when it comes to tech and everything in this in that sector so people are taking their profits out and where are they putting them into stocks that have not yet experienced their recovery amc is just one of them but there are many other stocks you know the cruise liners the the the airlines in a lot of places that have not experienced the recovery yet i feel they've taken their money out of there and they're tossing it into recovery plays which is why tech is getting decimated which you know how it is when it's a red day it's like the whole stock market is on sale and it's just time for you to run in and buy not financial advice just how i like to look at things all right guys so we've been trading sideways for the most part you know we keep kind of finishing out at that eight dollar mark the other day we opened at 808 the low was 763 and the high was 827 but we closed the 805. you know we're consistently keeping that level we're respecting that eight dollar level which is a whole lot better than what we were trading at in the beginning of the year when we were trading at a dollar ninety small victories and if you ask me a several hundred percent gain since the beginning of the year is a little bit more than a small victory in my opinion it's a huge victory and stability and the stock is an even bigger victory just a sign of good things to come just remember new york city is open to 25 los angeles is a couple of weeks behind but as soon as we get these two markets open i expect a lot of good things for the movie theater industry overall let alone amc stock all right guys let's move forward i want to get into an article before we actually get into the interview i'm just going to cover this really really quickly amc ceo adam aaron says he was impressed with the infection and the allegiance of the reddit traders so as you know the wall street best movement hit a couple of weeks back and it was bananas crazy they pumped this stock up for 20 something dollars hasn't been there in quite some time and more than that adam aaron the ceo of amc entertainment is just really really impressed by how many people are believing in this stock and how many people are getting behind not only the stock but movie going in general as a culture check this out aaron was frank about the importance of major market theaters returning to operations saying nothing is more important to us than opening in new york nla and if you guys don't really understand that it's really the reason for that is because new york and la are the two biggest movie markets in the entire planet especially in the united states with los angeles being the bigger of the two once we have both of those markets open not only is that going to get the majority of the people to go see movies to get back and see them in the biggest markets but it's also going to signal and give hollywood an opportunity to start speaking about releases that they've pulled back because of the pandemic once we have these two markets open there's going to be like an influx of movies big name movies and that's just going to pull a lot of revenue into the box office and that's also going to give amc chance to pay down a lot of this debt and then eventually profit and then when that happens what do you think happens to the stock so all good things to come all right guys check this out asked what the reddit rally meant for himself and the amc brand aaron said and i quote what i find so appealing about the reddit phenomenon is the affection and allegiance that the americans have across the country to amc and movie going in general to see movies at theaters you're seeing millions and millions of people rally behind say saving amc and i'm sure for some people this has a little bit to do with the stock and making money off the stock but for a lot of other people like i've mentioned in videos prior on this channel moviegoers and movie going in general this is a culture within our country and other parts of the world this it's like it's like one of america's pastimes kind of like baseball this is what we do we go and we catch a movie that's never going away this is my opinion and a lot of other people's opinions it's never going away people are getting behind that and adam was obviously extremely grateful for this i want to get into the actual interview and i want to react to it because it's something you guys have to see if you're bullish on amc stock or just all about going to the movies check this out well but my question on new york city on was whether you're going to get major movies because new york and l.a have been closed and that's been obviously those are two huge really important markets but new york at only 25 percent very obvious guys new york closed la close means the movie theaters and their revenue streams are going to get decimated as soon as we get both of these open you know we're going to start at 25 but when we get them up 50 75 100 capacity combined with all of these major motion pictures that were sidelined due to covid coming out and people have a reason to get up and go to the movies um i mean you know you guys know what's going to happen to the stock price it's going to reflect and it's going to be a good thing for amc in my opinion not financial advice cassidy la is still closed are you going to get the big ticket items movies yes so look today is such a great day for amc across the country as the largest movie theater changed the united states uh about 90 of our theaters are open i'm not sure if you guys knew that so 90 of the theaters countrywide are open not all of them are functioning at 100 capacity they were probably most that aren't but being that 90 percent are open as soon as we get los angeles open it's going to be a really big deal we have the opportunity to pull in some real revenue especially as hollywood starts introducing some of the movies that were sidelined to cover last year but nothing is more important to us than opening in new york and los angeles we're opening new york city 13 theaters tonight uh 2019 obviously this interview took place on friday march 5th in new york state will be open tonight uh our theaters in new york city have been closed as you said for 50 and a half weeks and just to show you what it means to have pent up demand across the 500 plus theaters that are open this weekend for amc two of the three biggest theaters in the country with advanced sales are in new york city seven of the top 20 theaters in the country in terms of advanced ticket sales are in new york city and we think new york is first but we think li is two three four weeks behind what that means for us is a lot of new movie titles are coming out i could rattle off a long list of major titles that are coming out real soon that's huge news guys again it's one thing if the theaters are open it's another thing if people have a reason to come in and go to them now obviously a lot of these movies were pushed pushed back you know significantly to the the coronavirus pandemic but as soon as we have these movies being announced people have a reason to get really excited about going to the theaters and the more reason they have to be excited the more reason they have to go so let's talk about the reddit retail trading phenomenon adam i don't think we've we've tagged you on since that's happened what was that like to watch your stock price spike as it became a meme stock number two right under gamestop and i mean it was nice for a lot of people i'm sure it was really nice for him to see do you embrace it do you embrace it well look obviously there's been significant volatility in our share price and i'm aware of what's going on but my focus has been on managing our business and driving the recovery of our business and that's exactly what a ceo should be doing for those of you that did not like the fact he was paid so handsomely just a few days back when they announced that ceo that the executives of amc got paid all that money i mean these guys i mean i i'm not saying nothing bad about this guy i like this guy a lot but you know look at him does that look like a man that's not really really tired and exhausted from all the work that he's putting in i mean there's been an extraordinary effort and that's why he's been compensated i'm not against it what i find so appealing about uh this reddit phenomenon is the affection and allegiance that americans have across the country to amc to movie going to seeing theater movies and theaters uh you're you know you're seeing listen and i mentioned this earlier when i wrote it when i read it from the article he's really really appreciative and supportive of everybody that's been really really supportive to him in his theater chain so i mean that's something that you guys and we all should feel really good about because you know at least he comes out and and openly displays his appreciation while you have all the other mainstream media and all the respected analysts talking down to people like us calling us idiots for buying the stock or supporting this dead company you know people like jim cramer millions and millions of people rally behind saving amc do you think that was their motivation adam oh i don't think it's appropriate for me to comment in great detail about the robin hood and reddit phenomena suffice to say that with movies like raya opening this weekend paramount's a quiet place too moving into memorial day weekend sony just bringing peter rabbit earlier into may uh uh top gun two uh gonna it's gonna be a big one guys top gun two christian the fourth of july weekend uh universal's f9 the latest best and furious uh one of the most successful movie franchises of all time it's gonna bring in and probably bring in a billion dollars for cinemas in general not only amc huge titles coming up this means tremendous things for the amc stock price uh installment you know there are so many movies that are about to break the the so many studios hold movies from 2020 and delayed them to 2021 they're finally at hand theaters are opening titles are coming and perhaps most important of all uh we've got vaccinations happening all across the united states you know guys i'm no genius hence bird brain investing but these are all things that i've been mentioning it's just such basic logic to understand why this stock has been so badly decimated and on the opposing end why it's going to recover so well not financial advice uh add that all together add that to the safety protocols that we put in place in our theatrics i actually see good times to head for emc have you though adam raised more cash than you would have otherwise done or raised more cash than you even need because of the artificially invaded share price because of the reddit the reddit frenzy it's almost like he sounded angry when he said that you see that he's one of those guys so the incredible irony of all this is that between april and january amc raised about 2.2 billion dollars of cash another billion and a half dollars of concessions from uh lenders and uh and landlords and of that 2.2 billion dollars of cash that we raised 99 of it occurred before the so-called reddit rally um are we done raising cash we haven't decided yet you know but essentially what that means is they were going to be okay anyway and they were going to survive anyway which puts to rest all the nonsense all the angry and upset hedge fund media companies and all this other nonsense all they're saying about how they would be dead in the water without us and we certainly helped but again they would have been okay either way that's coming from the boss's mouth uh we know that we've got enough cash in our bank now to last a long time if we see even a partial recovery of the movie theater this i've literally been speaking like this for weeks and i'm no genius but it's just so obvious what's going on here guys summer and that's we'd like to expect thanks to movie titles and vaccinations and safe cleaning ears all right guys so you heard it from the horse's mouth i'm gonna leave it right there that's literally all we need to know i'm really happy that he finally decided to take an interview and put the rest a lot of this nonsense that's coming out of all the mainstream media companies and respected analysts because a lot of it is quite simply just that nonsense please do not ever take anything i say as being any sort of financial advice it's just for entertainment purposes only i'm just a speculator and i just happen to be really bullish on amc because i believe in the theater chain and the future of movie going in general guys please don't forget if you haven't seen my last video it's something that i think will just make you laugh over anything else i went to the reopening of amc theaters in new york city with my own personal space ape it was a lot of fun and hilarious and i did it to social show support for amc and for the opening in new york city also guys do not forget to go down below and get your two free stocks with weibo when you open an account and deposit 100 these stocks are worth anywhere all the way up to sixteen hundred bucks it's literally like free money and it's brainless just like everything else here at bird brand investing where it's so easy even a bird brain can do it thanks for watching guys peace