Mum, hello, hello: what is going on good morning, good morning, eight nation, another day, another episode of dumb money, hello, hello, happy thursday july 1st. The second fiscal quarter is over. It's in the books june is in the books, we're now kicking off july. If you're in canada happy canada day, i believe it's in your independence day, u.s independence day coming up very very soon.

This sunday do not forget we're trading today, we're trading tomorrow, but monday of next week. The market will be closed for the holiday monday july 5th. We'll be off in observation of july 4th the holiday um, so i just want everyone everyone to know about that. Ah, it's gon na be an interesting day.

I love this. I mean when you wake up and you see gme and the green currently trading at 2. 14. 88 amc in the grade currently trading at 57.

12.. It's a good good day. So here's what we're gon na do uh all right. We're gon na look at some of the ortex numbers, then we're gon na do some of the chart um.

I i tweeted those out and it i've noticed something something a little bit weird uh, i guess in the community. Let me just maybe go over these numbers. Uh estimated short interest: 18.2 million shares on loan 95 million utilization. 86.

87 percent. Um. Remember the shares on loan dropped because some were returned today and it looks like some of those that were returned yesterday. Sorry yesterday about there was a net about five or six million.

I had it in the update video those were returned yesterday and if you look at the price action on monday two days before it does look like a very small percentage covered a small small percentage as in five percent. So i in no way think that this is like what's going on like it, it makes sense because remember return. Shares is two different things. It shares that we're went out on loan, never shorted and returned, and it also shares that when on loan were shorted covered, you wait for the two-day settlement and then they are returned to the original owner.

So this number, as we see this update throughout the day, it's two different things and we don't necessarily know the proportion, but it makes sense to me that a small small percentage were covered on monday. And why do i think that, basically, because of what we saw on monday, we saw a push from 54 all the way up to 59.. To me that kind of adds up, i mean that's kind of nice if every percentage covering like gets a bump like that, i mean i'm gon na. Take that because we still have a lot a lot to go.

Um, i'm noticing something going on that whenever the number goes slightly up on ortex, the community loves it and they're like this is great. We love it and then, if it always goes down it's, this is fake. They're, not reporting. Remember, hedge funds are not reporting.

These numbers, prime brokers, are reporting these numbers um. I think, there's confusion about it, but it's a very love hate thing, but that's not good, because this is a data source. This isn't an opinionated thing. This is what's coming through to ortex from 85 of the transactional volume like they have an 85 coverage and then they're just reporting those things and i'm going to bring ortex on one of these days.

To answer all of our questions, but please understand that if a prime broker is false reporting, this information, that's huge, huge fines and we would know about it like if they were doing that and then they have these huge funds. That kind of stuff's also reported uh, but i will bring on the ortex team to further dis discuss at what points can we be very, very confident about the legitimacy and what happens when things are reported incorrectly or intentionally false things of that nature? Just so, you guys have a better understanding of like how much this data truly can be trusted, but right now it's not good. I don't want to see this mindset of like if it goes up. Yes, we love it.

We trust it and if it goes down, no, that that's lying, you can't have it both ways. You either trust it across the board or you don't and if you think, there's a more trustworthy source out there, i'm more than happy to discuss it. My entire goal with this platform is to share accurate information with all of you on a daily basis, um i'm in no way beholden to ortex. If we as a community think there's a better source that gets it out more accurately, more timely.

Let's talk about it! Uh this concept of just saying: no, it's wrong. Okay, it might be, but you can't just say, something's wrong when it's a data source like okay, why do you think it's wrong? You have to have a little bit more of a developed thought past that um, but we're gon na get to the bottom of it. I just don't want it to be up, you love it down. You hate it.

You can't have it both ways all right. So that's for amc and it was more so in gme people were starting to get mad that the short interest dropped below 10 percent. First of all, like i mean you guys know, i don't pick these numbers right. It's not like i'm waking up every morning and i'm like, i think game stops at short interest whatever, and i type it in we're just seeing some of the shares on loan being returned.

That doesn't necessarily mean that shorts have covered where we all we know are that shares that were borrowed are actually being returned. They might have not been short at all to begin with so shares on loan 7.35 million utilization 20.82. Obviously, with both of these, we will check them throughout the day in terms of the chart. You guys know exactly where we're at we're in this bullish, pennant we're looking for the breakout right now we're up in pre-market today's action.

It's still right above 59 is when we'll be pushing on the top of the wedge, but we also know there's major resistance between 60 and 62., we're looking for that official breakout and uh a quick test and rip right through 65, which would then set up 72 And then, of course, we have support at the bottom, which is actually support from hang on what was the date right here. We have the date of june 25th uh. This low of basically 53 is also so we have technical support and then we also have the structural support from the bottom of the wedge. So 53 uh will be a major major support for us throughout the day, but hopefully we're not even coming close to getting in the realm of testing that for gamestop same story different day, we have support between 200 to 10.

It keeps bouncing off of this region. We want to see it recapture this trend line around 225 and then also a test and breakout of 241, which would then set up the key psychological level of 250. So that's what we'll be watching in terms of like the daily chart uh and then we already have this set up for the day. The five minute chart we'll see what kind of charting exercises we really get into throughout the day.

Uh we'll check any of the big options coming through on binzinga and then from there all right. I see a couple questions coming in, oh okay, so also with the bond thing uh, i see a couple people talking about this bond um, i uh. I also see people talking about s3. I don't know where s3 gets their data.

I know bloomberg is old. Bloomberg is always just running on the the exchange reported short interest. So it's always old like right now, if you check out bloomberg, it's gon na, say 16.63 something right around there and it's going to say that for two weeks until there's another update but bloomberg's always lagging data, and i believe that's where marketwatch gets theirs. Fintel iborodesk and stonco tracker.

They all use one prime broker, so they're not even close to the percentage coverage of the transactional volume. That vortex is. They literally use one data source. So that's where those go.

I cannot fairly talk about s3 because i don't know where s3 gets their data. That's and even though those types of questions, i think that's a good setup for the ortex team. Ask them! Okay, like you, get your data from like sources x, y and z, where do these other ones get their sources from? Maybe they have a little bit more insight to these other players, uh that uh? I don't know off the top of my head right now: okay, and then also you guys are talking about the s3 filing related to bonds. Remember they're! Just trying to get the process started.

Did they actually like stop the bonds? As of now, a shout out to mom is headed to the moon in the discord community. She has a really good twitter thread on it. I recommend checking that out on twitter, but right now, they've kind of started. The process like it's not like this has officially gone through, yet we're kind of waiting to see like what the sec sec says back.

I i to my understanding. It seems as if they just sent like that intro email that they're interested in doing this with the sec, and it's one of those things that the convertible bonds, those shares, could they theoretically be another short source of like they were shorting these? Yes, it could be, but is it one of those things that how many shares that they represented represented, were they 100 definitively being shorted? No, we just know, theoretically, it could happen and it could be another piece to the pie. So i assume it's one of those things that, once again the truth is somewhere in the middle. Do i think that absolutely none of them were suited? Shorted no, do i think all of them were shorted? No, i think the truth is somewhere in the middle, and the question is like okay, where in the middle, how are they utilizing it? What is adam aaron's, like ultimate plan with this, i think, there's a couple ways to interpret it, but this fact of just assuming now that, like i mean i've, been seeing some assumptions on social media that them doing this.

For some reason, we're gon na see like this entire wave of naked shorts, covering uh in my own due diligence and that even when i've been reading across it like it doesn't seem like that's the big assumption like i don't know how it necessarily connects to it. It might connect to it, but we have to live in the world of like okay. What does it definitively say? We could, of course, have our theories built on top of it, but when looking at the evidence once again, it's this is not bearish in any way. It's neutral to bullish, but i don't want these expectations set up because the community force we see this time and time again, where there's certain things that take on like psychological wildfire within the community and expectations get really really built up for a date, an event.

A price level - and i we can't do that because right now any of our expectations that have been built up from the start of this year until now, unfortunately has not played out. So please, please do not have your expectations set up, do not be taking some sort of crazy bet, centered around a particular data or event just because that, like that has not been the pattern thus far. The pattern has really been paying attention to the stock day. In and day out, watching the trend of it and seeing what's going on because there's always fundamental changes like, for example, we've been talking about f9.

We know black widow's coming out. We have to pay attention to what's going on with the shareholder, meaning some of the fundamental moves on adam aaron's part and really what are the shorts doing? What is the short interest? Is it trending up down sideways? What are, how are some of these other bigger players? Positioning themselves? Um, it's a day-to-day thing, and i just this concept of setting expectations it it. I don't think it's healthy for us because right now, like those expectations, thus far have not played out patience, patience, patience, calm, cool collected uh this i get why it's emotional, because it's money, it's a huge there's, a lot of passion, there's a lot of enthusiasm and There's a lot of money on the line. Um.

Do i fault anyone like i mean myself, i get emotional about this as well. Do i fault anyone? No, but i think we have to keep each other accountable and bring it back down to a reasonable base of okay. What are the facts of this situation? Calm, cool collected, that's what that's! How you're going to be successful in the stock market, whether you're talking about stocks, options, crypto futures, whatever you're trading, it's emotion and getting emotional is not going to be the best for your career, like sometimes like we're humans, and it gets the best of us. I get that i don't think there's anything wrong, but just remember this is a world of like numbers, facts and data and patience.

Calm cool collected, i think, is the methodology that, as a group, we should really kind of um explore moving forward and, like i, i've, been trying to preach that on this channel up days down days. We want to stay calm because that's that's we're in one of the most complex 5d chess matches with a very formidable opponent um, so this concept of like underestimating them overestimating. No, no! No. We want to live on the exact page of reality.

I think that's how we're going to be victorious all right. What are some of these questions? Matt, i tweeted at you. I did a test, try and to short 100 shares on amc tv said they had zero shares available and still don't have any shares. So remember.

That's td, different brokerages have different amounts of shares available, so just because one brokerage doesn't that doesn't mean that all brokerages don't because, like each brokerage, it's on them, the onus is on them to locate shares that they could short, so td might not have any, but That doesn't mean i borrow desk or fidelity. Don't a huge shout out to terence and philip going to send us to the moon. What's going on my account transferred from robin hood to weeble completed this morning, but notice my average buying costs for stocks are now at market price. Why the loss for profit well, daniel! Remember it's not a loss of profit! Oh wait! Trays trays, chest hair! Where are you uh, i'm looking for you to write a comment in chat, um.

Remember: it's not a loss of process profit because, like you already bought it, it didn't cost you money um, you already bought it. So if you go out and you buy a pair of sneakers for 50 and then for whatever reason, someone puts a price tag on it and they're like no, no, you actually paid 100.. Well. Why do you care? Because you know that you paid 50.

there's no impact on your p. L there's a psychological impact like you, it's showing that your cost basis was higher, but in reality there isn't, because you already own that asset you already bought it. It's not like you repurchased it. So with the transfer window exactly because of that, it didn't cost you money whatsoever like no additional money like you're still up, because you bought it at whatever price x um, but because of the transfer window, you also have the ability to edit it so like for You, if you want to keep track of your p, l and like where you are or aren't you would be able to do that.

Um, there's like an edit option and you can correct it to whatever your original cost basis was matt. Hear me out what, if you took all the super chats money and distributed it equally, among all your love you, so we could all make a few cents per day come on man, uh ham, i'm i don't know how i'd like functionally pull that off guys. If you want to learn about how they are shorting, the bonds with jackson, hunter's new video uh robin no, i watched it and there were some inaccuracies in that video um. Once again, uh robin i, i think you're in this world of confirmation bias of like you're.

Looking for it, like i said, is it theoretically? Is it possible, but is that yes, it is yes, they could be shorting some shares through that, but it's one of those things that it's definitively proven that that's exactly what's going on no like and that's why i try to segment this show of like i sometimes I make it very clear: here's my theory of what's happening and then there's other times of like this is definitively what something does or doesn't mean matt you're great keep on ducking. Don't forget my many magnet power also may be sent to investigate dark pools. He's done in what's done in the shadow uh remember when we were bored with the movement we are winning, it cost nothing to huddle. It costs a million such billions every day to stay in the game.

What are your thoughts about? The new york stock exchange concerns. Amc trading around 60 in dark pools, where all the volume in how fair is that to us um? How fair is it so? What it's doing that was in no reference. The new york stock exchange comments were not about dark pools. If you look at it the president, she said nothing about dark bulls because she was referring to retail wholesalers.

She was basically taking a public stab at non-atss. Remember, ats, alternative trading system, that's a another fancy way to say dark pool. She was talking about non-atss non-auto, alternative trading systems, which is another trading venue, that's outside of a normal market such as citadel securities. Those comments um were not about dark pools.

They were about citadel securities, successfully segmenting, the entire retail trading like group, and how do i think about it? I mean, i think, she's right, like that's, not good to segment all retail traders, because it's damaging to the market at large, because what you have left over is a very, very highly competitive landscape that widens the bid, ask spread and that's a big deal, because that's Where pension funds are trading, that's where retirement accounts are trading, that's where a lot of etfs are training, so them blocking off the entire retail segment, and also just on a general ben in a general sense engaging in payment for order flow. I i don't think that's healthy for our market at all and they make a lot of money doing it like a lot, a lot of money, doing it amc to the moon, hey when, if you're looking at other stocks at some point today, can you check out Astr after the merger hol, thank you brock. All right. I will write that down on the list.

A-S-T-R-A-S-T-R t a-s-t-r-a-s-t-r got it eric. I love you keeping it real you're all facts, brother seen so much dd in the last couple months and none of it really pans out. We need to do what we need to eat bananas and hodl, keep it real, maddie ice love it eric hey. I appreciate that i mean it's it's getting this this movement and this channel, and i guess this brand, the moon gang brand.

It's getting to the point where um i i feel like a special duty that i i can't like. I owe it to all of you to present things that are verifiable like i, i can't just sit around and like pump you up, because i know a lot of you are betting, serious money. So i'm not just gon na sit here and tell you that everything's, like peachy and rosy and it's great when sometimes that's not what the information means when some, when something's amazing and the short interest is going up and we see a bullish, pendant and we're breaking Out, i'm going to show that to you, i'm not going to hide to to you, but i'm also not just going to like go with the flow of what we're seeing on social media. When people are spreading inaccurate information, i will battle confirmation bias as much as i'm gon na battle fud on the other side and like yeah.

Is it gon na make some of you angry, because i'm not just saying like oh everything's, perfect all the time yeah it's gon na make some of you mad, but also, i don't know like if you fall in that particular camp of when you want me to Say everything is 100 golden all of the time like i don't know like i, i think you're just going to be here for this and you're not really part of the moon gang or the true ape nation, because to me the true moon gang and the true Ape nation is trying to un uncover fact and truth and we're trying to really figure out. What's going on we're not trying to live in a fictitious world like we understand that, like this is a high risk reward play um, there is inherent risk to it, and for me i like i can't i don't think i can live with myself or go to Bed at night thinking that i'm saying something i don't truly believe like i'm, not just gon na go with the flow about things like i'm gon na tell you what i truly think is going on in a situation. I'm not just gon na sit here and tell you what you wan na hear and is it gon na make some of you mad yeah, but that's um. I don't know i if i know something's not that and i'm just saying it to get likes and views and get everyone jacked up like i.

I couldn't live with myself. Uh original december 2018 filing states, convertible notes were issued to silver lake llc. They are big fans of pipe investments which can lead uh. I don't know what that spiral is megan, but i know that silver lake was a big investor in and supporter overall of amc, they don't care about the health of the market.

That's why they crash. In 2008, um yeah, i mean i think, that the wall street, like they don't really care like they're doing what they can to optimize their profits. Even if it's detrimental to the overall system, they don't care. Their goal is to make their company and themselves money.

That's what they are um, that's what a lot of like! That's the goal of wall street. How quickly and how much money can you acquire? Uh, have a great three-day holiday, mat and mod squad a good time to just chill ape nation uh? What's the deal with robin hood, not filling market buys amc was going up at a time ordered for 1k partial phil, another 500. Would it complete at all jason uh? I haven't heard of that. Could you send me? I mean a bit more information because that sounds like not healthy, not good, jonathan harris.

Thank you for becoming an astronaut boomer sooner. Can you please take a look at neo. It's been a long time while looking to break out the daily pen elijah, i'm writing that down. Um neo has been doing super super well lately, so uh we'll definitely check that out.

Did you see the melissa lee with the virtue financial uh jake? No but i'll track that down and we could watch it. Uh melissa, lee melissa lee with virtue, so virtue for those of you who don't know is basically the other big market maker. So we have citadel securities and virtue the the the environment is essentially duopoly between those two and they kind of decide all major market making decisions like it's up to them, and i don't know if it's that healthy, when it's like a dual duopoly of these guys. Making millions and millions a year and they just they're like okay, like i feel like it's just like that: classic almost um cartoonish representation of like these old white dudes laughing all the way to the bank because they control the system.

When you have a duopoly, when there's only two major market makers, is that really that healthy? Like i don't know, if that's like the, we can trust in them for the utmost responsibility, or really just for them to do what's good for the overall market instead of their bottom lines like if, if they're playing nice with each other, we're essentially powerless. How do i know when to sell, not amc or jimmy, but others who taught us when to buy? How do you know when to let them go? I seem to never sell nikki, i mean there's various ways you could do that, like you just have to have a defined trading plan. Are you looking for the rsi to get overextended? Are you looking for a certain percentage gain? Are you going to be in it for a certain amount of time, there's various ways to do it and they're all? I guess fair methodologies. You have to find the one that works best for you.

Are you a day trader a swing trader, a long-term investor? Are you waiting for a particular fundamental catalyst, such as an earnings announcement, whatever it is like, define your methodology and find some sort of trading pattern that works for you and then just double down on it triple down on it and as long as it's profitable? Just keep rocking after amc is over. What's to stop them from changing the rules back to things and going back to the way it was before um. I don't know if you can like undo regulations that the sec has passed neil. I guess that's more of like a legal question: uh.

Can you please counter the inaccuracies with evidence on jackson's, yeah, uh, roman? For sure i mean i'm friends with jackson. It's just one of those things that, like you get when you come out um and i guess post a video, that's like kind of disproving confirmation bias like you get a lot of heat on this side of the computer. People don't like that. Even if someone puts it out um, it's weird so like there's a very, i guess like intricate way to go about it, but robin yeah i'll do that uh.

Can you look at the short interest in mrin? I mean i know it was huge yesterday, all right i'll, throw that on the leash list. Denise m-r-i-n vortex uh morning, matt personal thoughts on citadel securities, deb, deputy global treasurer resigning just recently appreciate all you do well, he resigned and then got another uh position right away. Didn't he like for some other like fund or something like that, hey matt! You should try to get on a talk show like rush limbaugh. He was big on jimmy back in january.

He has uh open line friday or just try to get audience yeah i mean um. I love talking about this story. I love bringing on new apes. Answering questions, so i would love to do something like that rush limbaugh.

That would be insane. I take your lives almost daily solid work, brother, i'm going to send some merch and music. What size shirt should i send uh king magnetic? I usually wear a medium and if anyone wants to do something for the unboxings, we do an unboxing every week, every other week, the p.o box, in the description of the video, oh well, now i'm being told that he's dead. So i guess it would be another one.

I i obviously don't follow rush limbaugh, so a lot of people are saying that he's dead so that that's a bummer uh. You built your brand on facts and honesty. If you slid up up you correct it and being you, i do miss the excitement when it re-rip, though hopefully soon yeah. I mean right now.

It's that patience play like i. I can't just sit here like the excitement is on the breakout and i think, there's a lot of reason to be excited when that does happen. So we have to have patience and wait for that to happen. Check out bbby bbby, b b b y got it ape man securing tendees uh i've seen other youtubers talking about 10k 100k per share potential in the squeeze.

In your opinion, um. I have no price targets like that. Math seems to check out um steven uh. If you have math that seems to check out, i would love to see it um, because then i could present it to the entire community.

So stephen, if you have like some interesting, i don't know whether it's a video or write-up that explains the math of that situation. I would love for you to send it my way and if it actually does check out i'd, be more than happy to share it with the community. Matt have calls at 55, 70 600 august 20 is theta day keeping them going down. Much love yes, theta decay will hurt your options, whether it's a call or a put per day.

Matt. I sent you a dm about a comment and made a robin hood was caught video a lot of vapes are uneasy. Based on what you said. Could you address my comment? Dm so apes are at ease, it's harmful.

If not uh, i don't know what comment um. I don't know how i would track that down. I don't know your twitter name and i don't know like when you sent it um. Unfortunately, it's hard for me to like quickly track down a dm just there.

There are quite a few, please understand if i don't respond to your dm, i'm not ignoring you. It's just like there's a lot to actually go through uh, so i don't uh. There's concern about robin hood: getting fined 70 million yeah. I guess i had concern about it too.

My concern is that they weren't fined more all right. We have about one minute all right, ding, ding ding. The casino is open. All right, uh matt, made me miss it looking for other plays in the community.

I was going to ask you if you like tesla, i'm keeping things, keep producing look at l-a-z-r for a swing eric um tesla. I was looking at its daily chart the other day. I mean if it gets that push above really 700. It could have some nice legs on.

It looks like it's consolidating right now, though, but uh when things are a bit more quiet today, we could check it out. Uh amc out of the gates at 56.80, jimmy out of the gates at 213.50, is gamestop, not updating, or is it just not being traded matt? What happens when a long deep in the money calls are selling for? One cent is that super behave super um? No, that wouldn't sell for one cent that would be deep out of the money call micah. So a d, a very deep in the money call would be almost the value of the stock. It would be trading like right now.

A super deep in the money call for amc would be around 56 dollars. Uh thanks for keeping it real matt confirmation bias can be very damaging. Did you see michael bury's comments about meme stocks uh? I saw that he just said that meme socks are bubble and so is crypto. I believe where his like comments, unless he made new ones, matt think about us, give us all your money and stream under a bridge on a freeway keep only enough for cheese.

It's some wi-fi to sustain free labor. Matt. Do we know if amc is still on the threshold list, i believe, as of yesterday, it was but let me check it out for you new york stock exchange threshold securities list. I will double check it updates.

At the end of the day, so for yesterday yes for june 30th, amc is still on the threshold list and it was first put onto it on friday. So that means that it's been on it oops. Now my calendar application is like breaking. I don't know: what's going on now, i'm on apple.

Oh now i need to force quit this calendar calendar calendar calendar there. We go all right. So that means on friday, five one, two three, four, five, six, seven eight! So it's on it for at least eight days now at least eight days. Uh could potentially be nine.

So it looks like that day 13 that a lot of people are looking at will be around july, 8th or 9th. So the end of next week, whose money do hedge funds play with people's 401ks thanks some of them, i mean it depends it's just investors. It could be a corporate investor. Individuals like hedge funds, get their investments from a lot of different sources.

Some hedge funds, these, like family offices, are just literally like one rich dude and he like lets people trade, his money, and then they get like a cut of the profits trace keyboard. They give you that super emote uh. What is the best source to read? Watch to amc and amc like socks, fundamental versus meme stock um. So if you're looking for like potential, i guess these ones that have community support.

There's a couple websites that track what's most actively discussed on reddit. That could be a good starting point um and then from there you look into it and see how big the community is. You check out the short interest. You see what they're saying about it and why they're interested in it um uh someone sent me a link.

Yolo stocks dot live, i think maybe was it, and but there's a couple websites like that that are tracking the most commonly discussed stocks throughout social media matt. You should message the boys at trash taste podcast. Getting the happy me community involved sounds like a good idea. Michael burrie is the king of fun.

Christian bale playing him in a movie doesn't make him a prophet, but you scion has been skinny dipping in dark pool too. I found out today. My neighbor also watches your streams in holds amc. That's awesome, uh marcy, good morning.

Good morning, all right amc coming back around bounce off 56, basically 56 17 and we're already punching up to 57 right now. The current intraday high is 57 flat dollar. At a time. Calm cool collected 57.

58. 59. You guys know the game plan. You know the game plan whoop just got through 57.

Let's see 58. robin hood ftd. My market orders. What's going on intentional anyone have that wait.

What does that mean? Jason ftd ftdd my market orders, which is i don't know what ftd to market order means. I believe shorts will cover during a market correction. It would be ideal for shorts to cover during that time, i'm certainly holding continued um, but remember if they're covering we're going to see a spike in price there's no way they can cover that amount of shares without in like greatly impacting the value of the stock. It doesn't matter if it's on a dark pool or not uh that size will you.

It can't go unnoticed. Uh amc, moving trucking up 58. come on come on, come on it's 57.68 right now, jamie also moving 213.68 in the green green. Green amc is almost up by a dollar from yesterday's close we're seeing some excitement.

What price are we looking for the breakout pennant formation around the mid-59s, but then remember, there's also resistance right from 60 to 62., so that region really 59 to 62 right now, um robin hood, wouldn't fill them sat in the pending section until the market closed uh, Jason, i don't know how that would be an ftd uh. It sounds like your order. Just didn't go through. Is that just like a tech issue with robin hood, hey matt, what's the most unique thing you have in your freezer right now, um unique thing um! Oh, that's a good question.

I have some like frozen reese's cups, which are awesome matt. How do i figure out how many days amc has been on the threshold list? If i go to the 25th that's four days, what am i missing? Thanks, oh cause, remember it! It has to have five consecutive days in a row of at least 2.5 million ftds to go on the list. So that's how many ftd days we have in a row because, like the first day, it's on it that's actually five days, that's how it makes it on to the list. Uh someone said: mrin trading was halted, shot up too fast, crazy.

All right! Let's see if we can break some patterns, it seems, like amc has been going through a pattern where it shoots up in the morning and then it doesn't do the best at holding it. So what we want is great: we've had this pattern before we want it to base higher and then like finally get some follow-through, but the volume is incredibly low. Four million shares um, so hopefully, some sort of breakout will give us excitement and we'll see a lot more people trading it. But i mean there's been days where we've traded this volume in the first like 20 seconds, so we just want a base and that breakout, i think, on the breakout, we'll see a nice volume follow through.

What's your favorite place in philly to grab a beer, so i guess with op like i'm, definitely not a philly native. I happen to be here now, but now that the world's opening up i've been going to places, i mean thus far, there's been like a lot of cool ones. Um, i don't know. If i have like a favorite, though i need i need to spend more time in in center city and explore it all uh matt.

I appreciate you and everything you do: keep us in check and down to earth. Thanks to you, i'm learning on a daily basis of fat checking everything you rock roberto from london. That's awesome. Can you explain resistance to newbies? Please yeah! This is a great question.

So resistance is just a price level or price region that the stock has been rejected by before most likely, multiple times the more times it's rejected there, the more likely it is to be like a legitimate resistance. So it's just a price level or region that the stock has not that it has a problem breaking above and then support is the exact opposite. It's a price level that the stock doesn't break below and it's bounced off of it multiple times. It's one of those things that there's nothing actually special about the price level: it's just it becomes a self-fulfilling prophecy.

People see it and then they react to it. They're, like oh, it's been rejected here before so i'm gon na sell there and then because they're selling it ends up actually getting rejected there or in terms of the support they see it bounce off of it in the past. So they're like oh, i think it might bounce there again. So then they put a buy order and then there's enough people doing it that it actually bounces off of that price level, so support resistance, nothing actually special about the price levels, just a self-fulfilling prophecy man.

I use td and it seems, like my candles, don't update until they are closed. What do you use? Um, so td? I think you're gon na have to like pay for or qualify for the uh up-to-date data like you need real-time data, so you would want to call td and be like okay. How do i get real-time data? It's probably delayed by, i think 15 minutes is the delay. If you don't have it something like that matt i want to apologize, half the apes for you having to answer the same question daily, because people can't google or their own dd.

It's all right, like i get that there's new people and i don't mind answering it because for me, if um their first experience with the ape nation, is just someone that's willing to answer their questions off the bat and then they like the the the group and They stick around with it. To me: that's a win-win uh. Can you touch base on the 991 reverse repo that was implemented yesterday and how it would affect amc uh? It will um. I don't think it will affect amc.

What it is. It's that's a huge macro economic thing: the federal reserve they jacked up on our money supply and they put a lot a lot of money into the system in 2020 and they're, trying to unwind that position to combat potential inflation um, but will that affect amc? If so, it'll just be minimally, but i mean think about that you're talking about a trillion dollars and amc has a market cap of 28 billion, so a trillion versus 28 billion. I mean it's, that's literally 2.8 and that's just this one reverse repo. It's that's a huge macroeconomic thing and um.

I i don't think it's being done because of amc. I i mean i know it's not being done because of amc. It's just how much money our federal reserve put into the system and they're just trying to unwind it. It might have some other effects just based on.

If interest rates go up, that's not really the best for companies. That means money is harder to come by, so it could have something just to do with their debt and their interest rates, but uh, i think, it'll have a minimal tertiary effect on amc and gme i mean you just have to think of the size of it. I mean these reverse. Repos are trillions and trillions of dollars in aggregate and amc is worth 28 million gmes worth around 15 or sorry billion 28 billion uh game stops worth around 15 billion uh, it's truly a drop in the bucket.

There is a play. There's a place is burger spot near a second in a market called oh brother, philly, hey. I actually saw that the other day that's um, it's close to a photography place where i was getting this camera, and i saw that there's a pla, a burger place called. Oh brother, i loved it uh you're in philly, literally 25 minutes from us.

Watkins drinkery is a decent spot over there for a cold beer cheers bud shout out to dave. Please discuss adam aaron retracting 003 reddit users discovered headphones, we're using blogs for unlimited short ladder attack. Lupo. Please cover this um.

I that's not the same takeaway i took from it. So maybe i need to dive in the dd more. Maybe i'm the one who's getting it wrong, which is very fair, i'm not perfect by any means, but um this bond thing. I don't think it.

The bonds did not mean unlimited shorting um, that's just like there's not really such thing as unlimited shorting um. I i don't know mechanically how you would pull that off with bonds, but who knows like i'm saying, maybe maybe i'm the one who's getting this one wrong and i need to dive into it more very, very possible. Uh tyler, wait uh, you missed my super chat. All right i'll try to find it if not feel free to tag a mod, and they can get it to me.

Do you think the natural selling pressure of the holiday weekend coming up is gon na drop us out of the pennant, been forming fake breakdown? Friday? Really break up tuesday, it's a possibility, but i don't think it's a likelihood. I think there's just way too much. Support behind amc and jimmy all right. Tyler need to look at mrin.

181 percent. Short interest of free float, 10 ml float. This is gme 2.0 dedicated time to this, so we can uh bring attendees back to amc um. I very much think that amc is gme 2.0.

Not mrin price action morning seems to coincide with shares being available to borrow and sanco tractor. I think the price remember: stonco tracker only uses one data source. All right. Where was tyler's uh police showed the group how they strategically missed.

The five day mark on ftd rally leaves me to believe those were naked, shorts um. They strategically missed the five-day mark on ftd really leads me, but they didn't miss it. It's on tyler uh. They didn't miss it they're on the threshold list.

So if they tried to pull that off, they didn't do it well, because we've been on it now for a couple days in a row, matt love the show. Thanks for the knowledge, i just received a proxy vote notification on trading 212. Can you shed some light on this um yeah? It's just those are the things you're allowed to vote on, but you can vote all the way up until july 20th. There's a series of proposals.

The shareholder meeting is july 29th um. My big commentary right now on the proxy vote is i i have no reason to vote right now. I mean i can vote all the way up until july 28th and i think my personal vote will be very different depending on what amc does now between now and july 28th. So i see no reason to rush or vote like if you have it just wait and um.

I think a lot of people will be changing their mind on how they actually want to vote. Uh morning, matt keating grace posted yesterday hedge funds buying in dark pool and selling on the open market in order to keep amc price below by up to 25 he's saying amc could uh should be valued between 70 75? Is that accurate? I haven't seen that video. So i can't like fairly comment on it, but when dave lauer was on the show um, he disagreed with that being a possibility. But i i haven't seen it so.

I can't fairly comment on like his like, and it's tough because, like he had a whole video and you're trying to explain what he said in a very short super chat so like i think, sometimes the the way of communicating it's not as easy. But i haven't seen it so i can't i can't fairly comment on it morning. Matt been at va all morning. What did i miss on the robin hood finds what i sent you about pricing as a result of apex? Whom is the real problem to everyone turn off share lending like we did gme? It helps it's unlimited shorting from what i've read.

They are selling bonds and buying them back and bonds and selling it not reported on them. It is unlimited shorting from what i've read. They are selling the bonds and buying them back and bonds. Buying and selling is not reported on the stock side yeah.

So that's not unlimited shorting, though, because if you buy it back, you're undoing your initial position, so unlimited shorting would be pushing down down down down down when you. If this were true with bonds, which once again, i need to look into it. If you sell down well, when you buy back you're undoing your initial thing, um you're, you sell bonds and then, if you buy back you're once again to net neutral, it's not like you sell and then buy, and then it stays there down down down. Unlimited shorting means you can push it down down down down.

I haven't been following amc updates at all, but what is holding us back from reaching our all-time high and will we be able to break it? I personally think there's a good likelihood of us breaking upward from the pennant, but what's keeping us down right now is the buying pressure is not overwhelming the selling pressure, it's all supply and demand right now. The supply and demand equilibrium is pegging us. I guess at 56.33, as i'm saying this, but for us to go up, the demand has to outweigh the supply at this current level and that pushes us up and we need enough buying pressure to overwhelm the selling pressure at these levels that we get the breakout And then, hopefully that kind of triggers a lot of people to start doing fomo buying and then we maybe see a gamma squeeze, maybe a short squeeze, but right now it's basically we're in a scenario where the buyers and the sellers are equally matched and we're not Moving much and it's yeah like you're, not going to see big mo like we're heading into a holiday right now, it's canada day. The tsx is closed.

We it's the holiday season. This is summer, this um, as you trade throughout the year you're, going to notice like some seasonality, effects and right now in the summer, there's way way less volume being traded, which commonly means less volatility and less big gigantic moves now. Do i think that necessarily is going to hold amc back, not really because i also recom like recognize that this is a very special black swan event that we've never seen before. So i don't know how much we can truly apply previous, i guess, trends and methodology, because this is new like how could you judge something that we have no history on? Because this is one of the first times that this has ever ever happened.

So, in a certain way, it can almost help us, because if a lot of people aren't paying attention uh and when i'm saying this, i'm referring to these big hedge funds, if they're on vacation and they're not really paying attention. If we get that breakout, they might not be prepared to battle against it and it might rip even more because they were like kind of asleep on the job not paying attention. But overall, just like commentary on the market at large around holidays the summer holidays thanksgiving that christmas time period with new year's. You don't see much movement, because people are just they're, not trading uh amc, currently at 5620 gme, currently at 212., i'm talking back in may uh all right so tyler way.

I think what is going on with my computer, hello, um. Why can i not change my screen? My computer is really really not happy right now. What's going on, it's just like completely froze um, so i can see chat, but my weeble is 100 locked right now, all right, let me let me close weeble and then reopen it, because it is 100 frozen at the moment. Horse quit all right.

Well, this has just like, as you can see, my computer is uh completely completely black this. What is going on? Oh, no! No! No! Why is my computer getting completely screwed all right? Let me see it's interesting that i'm still actively streaming to you, but my computer is like dying over here it like over here. Everything is just completely completely messed up. Ah, this is so frustrating that this keeps happening.

Um yeah i'm on activity, monitor right now holy crap, i mean my computer is just blocked over here hang on. Let me i'm just going to start closing out of things and see if that helps anything wow. This is crazy. All right folks, um crap, crap, crap, crap, all right.

Here's what's gon na happen, um, unfortunately we're an hour in i'm gon na end the stream and see if i can fix it because, like my computer's, just like i literally cannot do anything. So i think i need to uh restart it so be on the lookout in the next like five or ten minutes for me to restart it, and if i can't restart it i'll tweet out that we're i'm just down, but this is getting insane. Okay, hang on! Let me try some stuff: hmm, okay, um yeah, i what i'm gon na do is. I have to end this stream and see what's going on with my computer, if i can't get it restarted i'll tweet out, but i'm gon na try to get this up and running within like five minutes.