You i got one more. I got one more hello, testing, hello, hello, hello, clarisse. I think i'm back, i think i'm back moogan. What's going on, you know what's a day without a couple technical difficulties.

I thought i just broke my sound board, but it sounds like we are all good welcome to the afternoon session on this very, very green, st patrick's day, very, very green. We have about 30 minutes to go and the market is ripping uh we're putting now in what three four green days something nuts nuts nuts nuts um. As you can see, i'm still petty. Just because you guys said i look tired, i'm i've! I'm going to hurt you at the pumps any of your energy bills.

I have not taken this magnet off all day. I will. This is all i am that petty uh, you could blame kovid. You could blame jerome powell.

You could bam vladimir putin for all this inflation and increase prices. But here i am it's all me when the next time you're, angry and you're, looking at the new price of filling up your gas tank just know it's my fault: we're oil, continuing higher and higher and higher. So is the market. But there are other things i want to talk about today, namely gamestop and mullen all right, gamestop, here's what you need to know gamestop.

Let me get up a little bit of my facts here. A little bit of my facts about gme and just you know, gamestop is reporting. After after after after the market closes today, so uh heading into it, you can see gm is up. It's in the green.

I like it trading at 87.. Let's see if we can get some exciting stuff, so what else has been trending up is the bet against gamestop. The short interest is now 21.25 percent, with the cost to borrow going up to 8 utilization maxed out at 100 and shares on low 19.4 milli. Those are the gme numbers going into close.

It's not on the threshold list, but overall, a noteworthy short interest is a is it as high as it was like in january? No, i mean we know at one point it exceeded 100, but overall i i still want to point this all out to you that it's noteworthy the cost to borrow uh. Whenever you see it above, one percent, like you know something else is going on and it makes sense because the utilization's a hundred percent. So what else do you need to know um, i'm getting a lot of questions. Am i going to stream it? No, it's if you've been looking at the past.

What four reports there's no questions, there's no future guidance. They basically come out with prepared remarks and they just read it, and it's done it's generally like rhett like amc's, are longer sometimes tesla and apples go on forever. Uh gamestop, it's very very short, so you can listen to it forwards backwards, multiple times, double speed, half speed whatever it is. It won't take up that much of your day, but the things you should be listening for from a purely fundamental standpoint are earnings per share, which that will actually probably come out before the announcement and you're looking for beating the number of 84 to 85 cents.

That's what you want: earn earnings per share beat of 84 to 85. That's what the street is currently expecting in terms of revenue, you're looking for a beat of like 2.16 to 2.2 billion right in that rough range, 2.16 to 2.2 billy. That's the earnings per share and revenue. Those are currently street expectations.

That's what you're looking for a beat of now, if you listen to some of these pansy ass analysts about gamestop they're, they're kind of on, like the ryan cohen, hate train of like they're, not really giving us anything substantial. They don't really tell us like much. They're gon na throw around the word metaverse and nfts and give us some budwords, but like nothing, substantial, that's what these pansy ass analysts are saying. Will their prediction be right? I don't know that's what we're gon na have to end up listening into uh.

I myself i'll be listening to it. Unfortunately, i won't be able to stream it uh, but i could always give you a recap later on today or even tomorrow morning, uh, but that's what you should be expecting. I myself, i think, it's very, very reasonable to beat on earnings per share and expectations, and my reasoning for coming to that conclusion is a lot well think about the holiday season. So, with the holiday season there was actually quite a bit of retail sales.

There was quite a bit of gaming, i guess consoles and games themselves sold, and we know that some of these other competitors had supply chain issues. So do i think these numbers are reasonable to beat. I do i really do, but that's also not the thing that excites me like uh, in earnings per share, even if they came in double, even if they came in double on revenue. That's not what's gon na put the uh amount of pressure.

We need on the shorts to get the current shorts to get squeezed out of their position. What you have to look for in gamestop is more of like something so crazy with the new trajectory of the company and what i'm really alluding to is development. I want an announcement in the development of their nft marketplace. That's what i'm looking for uh will that come.

I have no idea, but i hope in the prepared remarks that it's something like hey, it's coming underway well and we're actually releasing it and boom. Tomorrow we haven't gme gamestop nft marketplace, i don't know, but that's like the i'm looking for those types of sentiments of like beyond the core business that we already know about what are the new things you're going to be really doing um. I i want more of a solidified, not just vision, but an update on said vision. That's what you need to know about gme currently trading at 87.

It is green on the day heading into its earnings and we are actually expecting it to be profitable, which is the first profitable quarter since q4 of the last fiscal year as well. But that's just a little bit of a side note. The other thing we need to talk about is m-u-l-n, currently up 38 training at 2.41 cents. Now before i get into this, tell me who is in mulm, because this thing right now is ripping.

If there was a money maker of the day, it is obviously mul and it's up 38, like that's crazy and what's cool, is it's another retail favorite stock? It's an ev stock that theoretically should do well when oil is going higher. But beyond that, it's another one that all data indicates it was being manipulated. So the fact that a manipulated stock is going in the favor of retail. That is a big big win.

Now before we get more into this, i want you to know. I have no muln position i want to make. I have no financial interest in this particular fight, but i really do enjoy covering the hottest stock market news and doing the best to explain in terms of the weird we see, such as short exempts outweighing their free float at in one particular day. Training that stuff doesn't make sense, and i also want to get into certain things like it's prospectus of, why the short interest fell and all that stuff.

But for me that's what i enjoy doing. I have no muln position, i'm a little jealous. Of course, i'm jealous it's up 39. Why would i not want to make 39 return on my money like i wish i were in it.

I just never really got the best opportunity so to all of you in it seriously. Congratulations, i want to remind you ride the trend, don't think it has to go to value x, y or z, don't believe any of these reddit posts, these twitter posts any of these youtubers - and i know i'm saying that, oddly as a streamer myself, there's they're selling Hopes that they don't know what they're just ride the trend, it's that simple, as soon as you think, the bullish trend is over lock your money in that's the name, there's two like don't end up becoming a bag holder. I don't know how to make like myself like more clear about this. If you personally think that the bullish trend is gone lock in your gains, it is okay to lock in money.

That's why you're in the market? Don't let someone tell you like? Oh okay, like you have to write it through this value. It has to go to this value. It has to do this as soon as someone's telling you something in the market has to happen right away. You should know that they don't know what they're talking about.

It's too much of a complicated like multivariate equation problem, it's one of the world's hardest puzzles and to think that something has to happen. That's just lunacy. It is absolute lunacy. The trend is solid right now, it's looking good, it's up.

38. I don't know how high it's gon na go, but what i would do if i had a position ride it out, ride it out and i would just keep riding it out if the trend were to change i'd, be like oh cool. I made money time to lock that in there's nothing wrong with making some of them attendees. Now, let's look at some of its numbers.

Remember the short interest. Remember that's a percentage, it's a ratio that has dropped it's currently at 2.8 and the reason it's dropped. So much even though the utilization still jacked up the cost of borrow's, still jacked up uh, it's because of per of a prospectus. Remember what short interest is it's the shares on loan divided by the well hang on short interest.

Is the shares on loan, the ones that are expected to be short divided by either your free flow or your total outstanding, so that bottom number, your free float your outstanding recently, it ballooned because of this prospectus. This prospectus of mullen automotive relates solely to the resale by the investors listed in the section of the prospectus entitled selling stockholders of up to 228.5 million shares of our common stock. The offered shares consist solely of 11.4 million shares of stock issued to david missouri. Our ceo and other stockholders, 35.6 million shares of our stock issuable upon conversion of our preferred stock.

148 million shares of our stock issuable upon exercise of outstanding warrants to purchase shares of stock 2.5 million of our stock issuable. Conversion of our convertible notes and up to 31 million shares of common stock issuable pursuant of to an equity line of credit. So a lot of this it's ballooned because it's theoretically possible to go up to an additional 228.5 million. Now i do implore you to do a little bit more dd on the warrants, but most of them, you're going to tell are basically priced, i believe at like 69 cents, so they might already be issued.

Maybe they're not issued there's notes, there's warrants. There's lines of credit, so theoretically it could get ballooned by an additional 228 million shares. Has that fully occurred? Yet we don't know like you have to kind of wait for that, but that's exactly why, when we're looking at this data of all of a sudden why the ratio dropped, but even the magnitude of share short, really hasn't uh changed that much and the reason i'm Saying that is because we're still seeing the high cost tomorrow we're still seeing the high utilization, which is telling me that the warrants the notes, this equity line, maybe not yet executed upon, but just because it could theoretically change up to that on a moment's notice. That's why, when you're looking at the free flow and the outstanding shares on mullen, they have to take you into account, because it could theoretically happen right now.

So i hope, looking at this, maybe explains why we saw the nose dive from like 20 um in the reported short interest recently. Would we see 20 almost 30 percent down it's just because it's being divided by a much larger number and that number was recently increased by 228.6 million um so overall, do i personally think that those warrants and notes and everything have been executed upon? No, i don't because this is moving too easily. It's still moving as if it is a low float, but honestly that could change on a moment's notice, but for right now i just wanted to clarify the situation. Still jacked up costs to borrow still jacked up.

Could the party end on a moment's notice if all of a sudden those shares are dropped upon the market yeah it could, but it just hasn't, happened yet and that's exactly why mullen's up pretty much 40 percent and not only that oil is ripping oil is up. Nine percent on the day, the s p 500, is also ripping that's up. One percent. After a pretty impressive recovery trading at 440., it broke above the wedge and it's about three dollars away from testing the 200 moving average overall.

This is a very, very green, st patrick's day. You should be stoked, i hope, you're making butt loads of money uh, it's just a really like a lot of things are ripping uh. So, overall, a pretty exciting day i mean even cei - is up 10 lots of cool things going on. Did i roll my puts where i'm taking the l on tesla, i'm taking the l unless something crazy happens tomorrow, i'll just let them expire worthless, mullen up more than 300 percent the low don't be too greedy.

Folks, take your profits, don't be greedy. Um amc correct, not green. It's actually one of the only red things on my list, and this is a good reason why you should be diversified this concept of going all in on amc all in on jamie all in on muln. It's gon na make people mad for me to say it, but that is stupid like there's a reason why anyone who's ever ever ever been successful in the market has told you to be diversified because some days you're in a stock, that's up 40 and you get A little bit of that move, but if you're diversified, if you went all in on amc, you would be pissed off, because everything else is green today, that's sometimes the market.

That's why you want to get a little piece of all the pies and you hope generically. The pies that you have done are going to be overall that the concert, the combination, the coalition of all of them, are going to be green, like it's that simple, this all-in maxi thing it's so ridiculous seriously. If you're in muln, i 100 congratulate you and that's from a person who's not in emily, i'm in amc i'm in gme, but i'm also, i guess man enough to be like hey. Congratulations.

You put your money on the table and you won. I applaud you. That's sick. Why would i be mad that someone else is making money like it doesn't make sense to me like whatsoever? No, it's pure manipulation, ain't.

Nobody selling! Amc! That's silly to say: do you know how many people, how many shares of amc were sold today? 21.142 million - that's also how many shares were bought, but um. It's one of these things that, like all of a sudden like it's like almost that hollywood depiction of like the nerd of like hang on, let's be like technically accurate. Here i get the sentiment of what you're saying: nobody's, selling amc i get it. I think the retail community is still strongly behind amc, but it's one of those things that, like i get it, that's like the hoo rah rah.

Let's get people excited type of the statement, but 21 million shares of amc was sold today. Is it institutions? Is it big players yeah? Maybe is it retail? I i doubt it, but i don't know, i'm not watching every single account on this planet that owns amc and i get it. I think this is a big emotional play and there is there's reason to be excited and you don't want to be the person like pissing on the parade, but sometimes that gets too far away from the truth. And then people end up accepting things that are just good to say and then maybe it's a new person to the market and they're like wait.

Hang on i'm hearing all these people telling me that no one's selling how's the price moving so like. For me, it's tough to balance the line of like i don't want to be the guy like ruining any party ever but then sometimes there's new people in the market who need to know like what's actually like technically accurate uh, i am in ames mulln gaines will Go to amc, ps1 and your thick size. Hey put your profits wherever you want. If you want to have amc, have that if you want to have gme, have at it, if you don't even want stocks, and you just want to go out and party for a weekend and like all of a sudden wake up in a body bag in mexico And just be like whoa, how did i get here like just crazy stories like that, spend your money on that? Do whatever you want that a big point of this is like it's, your money.

You can do whatever you want, we've all been there. We've all accidentally spent too much money woken up in another country in a body bag and you get up half your clothes are missing. You're like what happened here. It's just a it's a life experience, oops, we've all been there, we've all been there.

If you say you haven't, we all know you're feminists, i've been there every few weekends. That's that's! Probably unhealthy. Uh muln. Looking interesting, though, 40 gain crazy.

Congratulations up almost 200 percent on lmul and debating pulling at least my initial investment. My position as their 200 shares. I mean 200 gain. That means you could pull out a small portion and cover your initial basis.

Uh, it's not! You, don't have to go all in and all out at once. You can scale in and scale out. If you're, like okay, you said you have what 200 shares you could scale out a portion just to like make yourself a little bit more comfortable. I find that scaling in and scaling out really helps with my emotions in a trade um.

That's just, i guess a personal thing, though maybe it works for you. Maybe it doesn't. Maybe you like to go all in and all out at once, but i like scaling and scaling out, especially with like really any size position. I think it makes me more calm.

Any news on indo: well, it's probably ripping because oil is ripping. This is an oil play it's. How much is it up? 24? That's crazy! Um oil going higher and higher indio. I bet imp is also up.

Uh, that's up 10, but it's dipping in a close cei should be up around 10 as well. It's up! 9.74, it's usa! This is another hang on h. Usa. Is another oil play that one's up 22 percent tusk? These are all oil production plays.

That's a nine percent oil field service, which is uso at 74.. Uh, that's up, eight percent s3 short interest on m uln is 138. This is why all data is sus. Well, if they're doing that, that just shows that they're not taking into account the prospectus.

I really don't have an issue with s3 like i'll look at their data and i'll use it also with ortex, but ortex has gone through the steps to like much more reach out to the ape community um. I would say that s3 has kind of keep, has kind of kept the ape community at like in arm's length like if there's something that will benefit them. They seem to show up and then other times like they're, not really there, while ortex has kind of ridden with us for the entire past year. The ups and the downs indo is shorted to kingdom.

Come brendan, so is impp. Imp squared riot will be related to crypto crypto's been looking good, so i'm expecting riot and mara. I mean look at this running solana, avalanche, ethereum, bitcoin, we're seeing some runs lately. So i i'm a big fan of that.

If you don't have a crypto account yet pin to the top of chat sign up for ftx portfolio and in fact, if you do already have an account sign up for that one, because it's a very, very good one. One of the things i like the most is you can log into your other accounts on that one and it kind of brings all of your data together. So you can see what all your like crypto is worth. They just called himself a pee-pee yeah.

I don't like that ticker, i kind of wish it wasn't so popular right now, because it is weird for me to say so much for how today thoughts on playing the amazon split i'd be bullish on it all the way up until the split that's historically, what We've seen in like tesla nvidia apple, it ran a positive run up until the split is mullen a long term play it might have becoming one. But for what i see right now, i don't think so. I think right now you are trying to play the retail sentiment, the retail fervor, of what's going on with it. I would not be getting into this and be like hey.

This is going to be a great investment for like 10 years down the road. It might be, but that's not what i'm seeing in the metrics. That's not what i'm seeing in the data. What i'm seeing is like this is gon na pump.

It's been pumping and the question is: how close can you get to top ticking it that's the goal. I think in the short term, this goes up, and this comes back down. It's just a question of how high up will it go? Should we buy before the split or after it? I think it runs up until display, and then it comes down after it. So you could play that both ways if you want, but i'm just literally using uh previously, what's happened with tesla apple nvidia, all three of those ran up until the actual split from the announcement to the split they ran and then at the split right after that.

In the short term, they came back down. What else do we have hey? If you haven't already, could you guys help me out and destroy that like button murder, it murk it unalive it whatever you want to call it. It just helps me out with the algorithm. Also make sure you're subscribed on youtube, make sure you're subscribed on rumble all that stuff.

Just because there were some tech issues so make sure you have the appropriate um options there, because you never know when one's gon na go down. You never know when one's gon na go down all right. We have a little over five minutes, so here's the prospectus uh it's on the scc website. If you want to see the mullen prospectus once again, here's a quick screenshot of the data.

If you want to screenshot my screen right now, just so you have the most recent readings, but you can tell as soon as they saw the prospectus. That's why it came down um if you want to know what it was like before those theoretical numbers. Well, basically, you would just be looking at the changes here. You would have to see what they recently added uh.

Obviously the 228. They had to clearly add a portion of that um makes sense to add, obviously the 11.4 and it probably makes sense to add the third. Well, that's preferred stock, they probably at least added the 11.4 and the 35.6. If i had to guess, because these other ones are warrants and notes, so the 170 was that 78 79 - they probably didn't, add the 179, so they probably added a portion of the 228.

I would assume the david mystery and also then these preferred stocks. If i had to guess to how they got to this current value of 188 and then 82 percent, is the free float uh? What are we some recent news? Hey the more you know. Technically, there was a slight drop in short interest. Today, the borrowed shares was smaller than the return chairs, but remember to return shares most likely.

It was shorts that either covered two days ago or with shares that went out on loan were never short, and these just got returned today. Do i think that the queues are still in a bearish trend? I think they're trying to break out of the bearish trend right now. Have you gotten a youtube play button yet yeah? I have the silver play button somewhere, the one that you get when you get a hundred thousand. Why is it that somehow we can't get past 69 amc almost seems fake uh, it's all supply and demand.

If the majority of the market wanted to buy amc for more than 16, that's where it would trade. Unfortunately, it's running into too much selling aggression. If you think of a price level, it's actually, i think, a lot more simple, and i think i could demystify it remember what price is price is the equilibrium between supply and demand? Supply is selling aggression, demand is buying aggression, and it has nothing to do with. Holding holding, does not increase or decrease the price when you initially buy it.

That helps it. Go upward, you're representing buying aggression and then, when you get out of the position, you're representing selling aggression holding, does not impact the price. There is a slight misunderstanding that people think just because apes are holding that increases price it. It doesn't holding prices decided by the current market participants, the current buyers and the current sellers um holding place no no place in price at in real time.

So right now, with your question relative to amc or and being 16, i mean you could apply this to any ticker at any price. It goes above or below that price. If the buying or selling aggression tells it to it's all the equilibrium. If right now, every market participant, if the majority agreed amc, should trade at thirty dollars, it would be trading at thirty dollars.

There's no rules beyond just the buying and selling aggression. It's an open market like that. You could get into more of a fine discussion of like okay is demand and supply being manipulated in one way or another. That's a fair conversation, but still it boils down to supply and demand.

That's like that's how all prices for all markets on this planet are decided um from there. If you want to get into the discussion of, is supply being manipulated. Is the man being manipulated that that's a different story and it's like a very valid conversation to have? But at the end of the day, what it truly is is price is the equilibrium between supply and demand and holding has no impact on the current price. If some, if 4 million traders hold, how would the supply be able to change what because they're we don't own 100 of the float, so the people? Okay, let's say that no retail sells whatsoever.

No one's ever said that retail owns 100 of the float. The extra part of the float that they don't own can be is could be actively traded back and forth all day, setting new prices either higher or lower short interest on amc. It's still around 20 21 same as gme right now, but we do own 90. Okay, you own 90, but once again, if 90 is being held held and the other 10 is being actively traded, it's that other 10 percent that is currently setting the price that 10 remember that that 10 can be traded back and forth in infinite amount of times.

Throughout the day that 10 percent, you could look at a trading volume through that 10 alone and trade multiples of the overall outstanding share count, because it could just be ping pong back and forth. Setting the price higher setting the price lower that 10 that's actively being traded, is what sets the price and it can be traded in infinite amount of time, even if the other 90 is just being held, not moved at all. Amc theory is a pile of synthetics and we are in a crime. So i think that comes to the discussion of.

Is the supply demand those levels? Are they being manipulated outside of natural supply and demand, and to me, i think, there's some interesting data points that our boy, gary gensler, should definitely be looking into. I don't know dennis why can't we get a share wreck on amc? 90 rhett 30, and i don't know what that means. How do you pre post market work, who is able to buy and sell anyone? Even you could do it if your broker offers it, which many retail brokers do anyone can trade and pre and post market? That's not just an institutional thing. I don't like doing it because there's no mbbo, there's no national best bet in offer, so you're not really protected, and it's also a much lower trading environment like lower volume trading environment.

So it's easier to see more wild swings because there's just less volume to form walls, whether it's a buying wall or a selling wall, but anyone can trade in pre and post market ding any ding ding ding. The casino is closed. That's what we have for you on this thursday march 17th aka st patrick's day we're seeing a little bit of positivity coming in seeing what this is about to be estimates, 85 cents in terms of earnings per share on gme and a revenue of 2.16 billy uh. So the numbers should be coming out soon and then they're going to be having their talk.

I believe at 5 p.m: e t, 5 p.m. E t, i believe, is the time that we just read: does this have it um, but overall, there's relative to like something like amc's is super super short just so everyone knows that's what i have for you we'll be posting some extra vod content on this channel On rumble on tick tock on the crypto channel and then tomorrow we're going to be streaming. Our normal schedule once again like the morning show the crypto show and then also the power hour show. Overall, i appreciate all of you.

Thank you for even spending a second of your day with me seriously. It means a lot shout out to everyone who dropped a like shout out to everyone who became a new member of the moon gang and, of course, i applaud you for everyone. Who's already been a member of the moon gang. Thank you.

Thank you. Thank you and a special shout out to everyone who is in m-u-l-n. You folks are absolutely crushing it and you deserve every single cent that you make seriously. Congratulations as always from me and chair best of luck in the markets.

I hope you have an absolutely b-e-a-you to full day i'll catch you in another video you.