Foreign, today's expectation probably more manipulation. If you did, a creation of a crooked operation brought more while it was low, got more dips and trader joe's. Oh, you thought that we let go what the hell you take us for holla. If you spend your last dollar on bananas, we don't claim to be scholars, we the smooth brain dummies and we never stood taller yeah.

We do this for love and we do this. For our honor. A follower of living ain't got nothing on us. We the planet of the apes anymore, as we trust m-o-a-s-s.

Oh hell, yes, gon na, send it into space, go fire up the jets done. My dd call me out and john rocket man. This is the way gon na be girl, reunions, ground control. To make your time we bout to have liftoff call us neil, don't be mistaken, the ace won't be shaking or breaking because we're going to we're going to next fucking town.

What's going on moon gang mama moon gang welcome to kind of the the wrapping up the week. It is power hour of friday october 22nd, we're here to close it out. We have about 59 minutes of fun in the sun to see what's going on and let's dive into a few things, and i do kind of like with friday, things are always a little bit. I don't know um lower volume, lower volatility into the friday close.

So i think with that opportunity, unless of course something gets going, absolutely crazy. I was thinking. Maybe we could do some sort of like ama or something we could do like a rapid fire of like questions. Uh could be something fun to try out, but before we get into all of that, and while things are still really not moving right now, we saw a lot of volatility that opened.

Mainly things went right. I mean look at um spy, cues, iwm, amc, jimmy red uh. We have this whole dwac thing, that's going like absolutely crazy. Obviously, that's still up quite a bit, but a lot of things still in the red a little bit of a mixed bag, but still definitely obviously red um.

That's kind of your just quick check on everything. Little little couple pieces of news. I want to go over so right here is an important one, so this does really to all the people who are excited about dwac. Two hedge funds sell stakes and trump's back from dwac after merger news, big stock price rise at least two hedge funds sold their stakes in dwac.

After the fact confirmed, announcement plans to merge with uh tmtg is what it's gon na end up. Turning into the sell-off by lighthouse investment partners and saba capital management came as dwac so earlier today. So if you're looking for an explanation of kind of this crazy drop from 175 down 270 could be because over 15 percent was actually sold by these funds. Who had a long position in it? I knew that saba.

The right thing to do was sell our entire stake of unrestricted shares, which we have done now and that's coming from the founder and then also lighthouse investment. We actually saw that this was reported very early. This morning i first read it from unusual wales: the solves reflected the risk of being associated with trump, who was impeached after being accused of inciting the january 6 capital riot. So with this, i think this is cnbc um taking their, i guess journalistic liberties of.

Obviously they are anti-trump um reflect the risk. I just find that interesting. I view it more as they have a fiduciary responsibility by the fact if they gain a thousand percent in two days. Well, you have the fiduciary responsibility to probably lock in some of your gains for the people who invested into you so for here i think they it's cnbc, of course, like with the political world we're currently in if they have the opportunity to take a jab at Trump they're going to take a jab at trump.

Neither of them came out and said we sold, because this is a trump thing. They just said that they sold um so that, but that's mainstream media. Sometimes you just have to wade through all that that's going on, but kind of indicative of some of the red that we saw, but that's also being mirrored by the overall market a little bit on crypto that i want to discuss uh here we go a little Bit right here, walmart has quietly begun hosting bitcoin atms like now. This isn't the craziest thing.

This isn't going to be the thing that sends bitcoin to six figures, but i do think it's interesting in more of a general sense that another large, very large company well-respected company, has been in one form or another, accepting what's going on with crypto and the the Social cultural move into crypto um, so right here, walmart like obviously they see that there's some sort of a demand for btc based atms and right here. The retail giant is offering bitcoin through 200 of its coinstar kiosks and a tie up with crypto atm uh firm coin me that's pretty cool, i mean. I know these are way more popular out west in the western u.s, but it's kind of cool just in general. It's one the world of crypto in my mind, it's a bunch of baby steps and it's just taking little little steps time and time again to absolute mass adoption um.

So just a little bit of a thing, there uh, probably more important, related to crypto. So remember earlier this week, on tuesday of this week, pro shares had their bitcoin futures etf. Go live it's currently trending under bito. We knew that there was another one coming out this week and it did come out this morning.

Unfortunately, the timing of it wasn't the best i mean we had this push from btc all the way up to 67k, currently trading at 60k, a lot of crypto taking a breather off of like the first week run uh the first half of a week run and Right here, valkyrie came out with theirs. That was highly expected. We knew, as pro shares, we knew it was valkyrie they are trading under btf is the ticker but same basic thing. It's a bitcoin futures etf.

If you don't know what a bitcoin futures etf is and like, why i'm not just saying a bitcoin etf? Well, it's because they are technically two independent things. You have it's the difference between direct ownership and indirect ownership being physically settled and cash settled. So the difference really here is that, when you're buying an etf, if it were a spot etf, like 50 into the etf, gives you 50 into the asset that you're tracking and in this one it's not 50 into bitcoin. When we're talking about the valkyrie one or the pro shares one, it's technically tracking bitcoin futures, which is they're going to be highly correlated but the money into it is not necessarily a money inflow into bitcoin itself, because it's not tracking that it's tracking bitcoin futures, so That is going to be more of your indirect ownership type of a thing, but that's still good.

It still means that crypto is more accessible to so many different people. It gives an opening for iras to get involved into it um and it's just from uh a regulatory standpoint. It gives it a bit more confidence that okay, like the sec, allowed this and once again, it's similar to walmart, and i would argue that this is a bigger baby step, but still a step nonetheless, in the right direction of getting those spot etfs where people don't Have to directly buy bitcoin, but they can get it through. An etfs such as grayscale and grayscale has recently come out with commentary, basically, as soon as the sec allows them to, they will be moving forward with turning gbtc into a spot etf, like um, a direct ownership, one for bitcoin they're, hoping that it happens by the End of this year, so we have two bitcoin features already rocking pro shares: valkyrie we're looking for the a different type of an etf that, i would actually say, is even a bigger step in the right direction, with the spot etf.

Hopefully, by the end of this year - and just so you know there are various other ones who have applied to get those other crypto based etfs really running. So that's a bit of your crypto update. Let me just make sure there's nothing else. Major there from a technical perspective, we're just seeing that dip we're seeing the dip after the crazy, crazy push uh a good lesson, as always, maybe uh shy a little bit away of just like that.

Fomo buying, obviously that's like sometimes you chase and you end up becoming a bag holder. Now with that being said, if you bought above 63k somewhere in here in bitcoin, no need to panic, i strongly believe and remember i'm not a financial advisor. These are just all my own opinions. I think if you wait on bitcoin bitcoin is a long term play and i think, if you wait, you don't have to worry about like going in the money and being um being where, like you're in profit, like i'm just so confident in the future of crypto.

So, absurdly, confident that any of the the missteps and the hiccups and some of the red bars we see now the way i view crypto is for me what the best decision is is to on major dips i buy and other than that i just hold. I'm looking at it as like a literal multi-decade hold. Sometimes we push and i'm up a nice percentage and it's fun to look at it's fun to see, but i'm never going to do anything with that, because why would i get out of gamestop or excuse me? Why would i get out of i want to talk about gamestop? That's why i'm already thinking about it but um? Why would i get out of bitcoin at 60, 75 100 000 when there's that potential of it going to given enough time? I'm not saying this has to happen next year, but like let's talk about like one two three decades down the road that potential of it going to a million aetherium like. I think it wouldn't be that crazy in the medium term, to be 10k, no less.

Maybe in the future like way down the road 100k, something like that, i'm not going to get out now. It just doesn't make sense to me uh my crypto methodologies buy the dips and just sit. It's so much easier. The emotions involved in, if that's my training plan and i don't have to like, be glued to the screen about like what is or isn't going on so much easier.

I'm like oh okay, i'm just prepared to hold this for quite a while uh makes it way way easier, all right! So that's a little bit about what's going on and obviously we checked on crypto. Let me give you the breakdown of amc and gme. Today. Amc currently trading at 3616., remember 36 is a key level of support that i hope a lot of bulls and apes show up at that level.

I would very much like the bounce off of that level. It's a key like if you look at the daily chart on amc, um right here. You can see this trend line. You see the previous support very much hoping that this, like demand, is found here, and we start to retrace back upwards in the scenario that it happens, and i do think that the odds are in that favor just because we've been selling off ever since october 19th.

I think there is an argument for reversion play, but in terms of the technicals of what to watch, i am watching now we have this gap before we talked about this gap up to 44 20, which was filled on october 19th, and i am looking at this Low from 38.80 this low from october 21st, we now have that gap. That's an obvious gap. Once again, the way i was calling out 4420 on amc to get filled in the short term, i'm calling out for this gap of 38.80 to get filled in the short term over the past three days when we saw this breakdown of these lows here from october 18Th. 19Th.

That means that this bottom line was in play, and i called that out - and i asked everyone be like. I said this as recently as the past two training days of don't freak out, be mentally prepared for 36, because that was like the technicals. That was the technical setup. That 36 in the very short term, was more likely than really anything else, and right now the play that i hope fingers crossed, i'm looking for the macd to not cross over.

I want it to stay green. I want to see the bounce here. I want demand to be found at first. I want this gap to be filled, then we're watching back to 44 20 and then, hopefully, an overall trend line breakout, but many many people, not myself, not just myself, many other people who have been doing the technicals posting videos read it twitter.

All that stuff have been trying to point out like no 36, is a very realistic price level that we could see in the short term. It just so happens that we're seeing it right now, i'm there with you, it's a bummer. You don't want to see it. Of course i wish it was green over green over green.

You just don't get that, though. That's not a natural way for the stocks to move. There's like there is a that cadence of that ebb and flow of you go up. You come down, you go up, you come down.

You have periods of expansion, consolidation volume, explodes volume, consolidates that is a natural cycle of the overall market and then, when you compare some of what we were seeing there with some of the technicals that 36 call on amc was not some like in br, like impressive Big brain call, i mean over the past two training days, uh in both of the streams and all four of those streams. I try to get people prepared of of 36, it's a reality, and it just so happens that that reality kind of hit us in the face today, but once again we're looking for that base to hold and we're looking for the spin off of that base. And my first short-term target is that gap filled to the north side. Let me reload this just so.

I know we have up-to-date numbers, so they borrowed 883 000 shares against amc today for a net return of 1.93 million shares short interest, currently estimated to be 16.4 percent. I'm sure a lot of people here are thinking well, hang on. How is there a net return of shares, but the stocks read well remember to return shares if they were short, if they were short, they didn't have to be short. Sometimes they go out on loan.

People don't want a shirt and they just return it, but for the ones that were a legitimate short position. They were most likely returned two days prior and then you have to wait for the settlement to end and then you could actually return it to the original owner. This, the borrow change, when you see a net return return shares, don't think. Oh, those are the shorts that cover today, if it's two days ago because of the settlement cycle, that's the only one on here that i would argue, is like the best, probably to think of it as a two-day delay if you were, but even that, that's why It doesn't say shorts covered, it says, return shares because those are kind of a distinct thing and um.

When it comes to the world of stock market, it is sometimes worthwhile to dive into like what is technically correct. If it said shorts covered well, that'd be a bit a bit of a misnomer, but the shares were actually returned today because they were potentially shares that were short two days ago, just to get some of those questions out there all right now. Let's talk about gme gme, unfortunately had that breakdown of 175 earlier this morning that was key support, and then that means the fact that we've been trading under it. The next support is at 165 right here.

You could see this. This was the low from september 30th and october 6th, and it was also a little bit of uh resistance up top here in august um. So this is the key level i'm watching right now. I obviously wanted to stay above it, and even i prefer we just don't even hit it and we just pull a u-turn, and even gamestop now has a bit of its own gap to fill up to 180 60.

so similar to amc. I'm looking for the macd to stay green and in the short term, i'm looking for the gap fill on gme the same way. I am on amc and obviously i would love the continuation, the breakthrough at 190. ever since october 11th, all the way up until october 21st.

Yesterday, jamie has really really struggled at that region of supply between 188 and 190 and so much supply overwhelmed it that we got this hit today. Um very, very similar amc down 7.5 percent jamie down 7 we're seeing that on the day that the spy is currently red. The queues are currently read. Iwm is currently red um.

I think it's easy for people within these communities to get caught up that like. Oh, it's just like there's almost a sense that it's like the market's out against you and it's like specifically your stock. That's right, there's a lot of things that are read today. Um, there's actually very few things like there.

There are some green things, but, like most equities today are red uh you're, just seeing um money leave the system, the wall street system and whether they're going into a couple place or if they're, just going into cash for the weekend. I don't know uh we'll have to wait to get some of the numbers after market closed, just to see where everyone is really uh settling, but don't think that it's just your your stock, your moon stock, you're, getting attacked, um lots of red um. Obviously, it's not fun just when you come to that realization. It doesn't necessarily make you feel any better because, like red is red and account is down, and i'm right there with you, but this is we've been here like this is no different like it's.

I feel like sometimes i'm like hand holding to keep people like mentally, where they need to be throughout the day, but i mean we're also now 11 months into it. At a certain point, you got to work on your own uh coping mechanisms and your own handling. Your own emotional state you're, going to have very red days, you're, going to have very green days. The very red days.

Remember this feeling and think about: okay, i'm very green days very green days. Remember that feeling and think about it on red days with it. You got to get your emotions out of it. This is think like a computer, it's an if then statement.

If your risk is not hit, then you do absolutely nothing, but it's up to you to define where your risk is, i'm not one, i'm not the person to tell you be like, oh, if you're in amc, you should risk this dollar value. If you're in gme, you should risk like this particular price point. That's all up to you. We're all have different accounts.

We all have different goals. We all have different personalities. We all have different financial situations, but if your risk is not hit, however, you define that if it's a time hold uh, maybe something related to the shorts or just a good old price level. If your risk is not hit well, then you don't do anything so because you know you're not going to do anything, at least for me.

I think that helps with my mentality of holding it. It's like. Okay, i have a training plan. Neither like my risk wasn't hit.

My reward wasn't hit, none of my exit conditions were hit so then, like i, don't necessarily need an emotional response to it like, and i get it that's way way easier said than done, but i think it's something in terms of trade or discipline, something we can All work to and before i move on from these guys, let me just give you the flow okay, so amc there. The flow is bearish, but just barely 51.15 and in terms of gme. The flow is more bearish that is 58 betting against gme in the options market uh just so you know there all right. I just want to see if there's any big political updates.

Anything like that. It feels like, more so, of a like a non-story driven type of a day from uh from a stock market perspective. Things got really hot we're taking a breather, but this is not driven by some overall commentary. Early this morning we had the fed talking about.

I guess they're tapering, but like i don't i never really. It doesn't make sense to me that people have such reactions to that, because they've been very honest about what they are or aren't doing. We kind of know like the fed's, like hey that thing, that we were talking about the tapering in november yeah we're still moving forward with that, but it's like the thing we've all known about forever. So i'm always surprised and talk about like freaking market shenanigans.

If you look at this, it's that same v-shape crap, we always see sell-off bounce sell-off, bounce sell-off, bounce sell-off bounce like it's always that and it's they're reacting to the fed's comments, which are in no way special comments. It's that type of - and maybe i'm a little bit mad about that because i got burned on the russell 2000 this morning. So i'm like particularly frustrated, but i saw - and i was like why, like it doesn't make sense, i don't know why people are still reactive to the news that it's not new news, all right, um, so dwac right now not moving much it crazy amount of halts. Today, uh with it it's, this is not a fundamental play like if i don't know anyone who's.

I don't think anyone is campaigning for that, but dwac they don't the the true social. They have no revenue, they have no users. The beta rolls out in november they're. Looking to get nationwide rolled out in q1 of 2022.

dwac the insanity behind this, it's all the insanity of an idea. There are many people who started buying it because, like they like this concept of anti-big tech or maybe they're supportive of the former president trump, but whatever it is, it started moving and then became a self-fulfilling prophecy. So many people got excited that they bought it and it kept going going going going um, but so dwac. I just like that.

It's not like it's a company, but it's not like a well-established company. The tmtg thing we're still waiting on that. But fundamentals are not - and i hope you've learned this from amc or jimmy or just the insanity that dwac is up a thousand percent in two days, uh that some fundamentals clearly sometimes do not matter and value is found elsewhere, and in dwac i mean i'm just Kind of throwing out, as i've been like pondering upon this - i i think it's just enthusiasm. I think um.

There are certain people with like how dwacs perceive from the outside that pitch of it. I can see why people get enthusiastic about it. It makes sense, and then the the market and the excitement took it away from there. I cannot imagine where dwac would be at if the, if it had a built out options market if people could have bought calls and they loaded into out of the money calls and we got a gamma squeeze dwac.

It can be shorted and i believe it's up on ortek shout out to dave in the discord there reminding me of this. Let me give you the vortex numbers on dwac dw, ac um. This is inc right here. I'll just show it to you.

This is funny, why is it not there we go so obviously it just started getting all the reports for it. Uh very, very new utilization 99.97, as of this morning days to cover, doesn't really matter um. It doesn't have the short interest yet because we're still kind of waiting to see like what the float actually is, i'm seeing numbers in between 20 and 30 million um, but anyway the cost to borrow sky high. So for the people who are attempting to bet against it and people are betting against it um.

But i wouldn't call this like a full-on short squeeze or anything like that. We don't even know how many shorts there really are, just because you have a high utilization, that doesn't mean you have a high short interest, but anyway for the people who are attempting to rent these shares to bet against dwac. This costs the bar was 287.5. That is incredibly high.

That is ridiculously high uh, so that's kind of interesting, but once again we don't really know the short interest. Um we're gon na have to wait for some of the quality data to at least our degree kind of like get to us. That's one of the biggest issues of being a retail trader is like we have a lack of high quality data, a very severe lack of high quality data, but anyway dwac um. I don't know i i think it's fun to me it's more of like when we're joking around and we're saying all right, the casino's getting going for me.

I bought a really small position relative to my portfolio size. I just took a bet that i like was willing to handle if i'm wrong, i bought 20 shares um relative to my overall portfolio, even relative to my amc and gme independent positions. That's a small bet for me um and it's fun. I don't know.

I look at it more of just like to be in on, like whatever the insanity is to be involved in the chaos, but i didn't feel myself that comfortable with taking a large bet, but if you did especially if you took a large bet yesterday, congratulations um. I know there's going to be some ding dongs in the that they say they're, so called apes who are gon na get mad at you um, because you're making money in a place that they're not making money uh. Just so you know, i don't agree with them and i would actually take it another step farther and call them not apes. I would actually vehemently argue that if there's someone, especially some like, like pissy little keyboard, warrior who's like mad that you made money somewhere else, that's not in whatever stock, they believed to be the best stock.

I would vehemently defend you that that person's wrong - i would take it the next step say that they're not an ape, because apes don't tell other apes what to do with their money. Uh. A big part of this is the the anti-movement against wall street thinking they're. So elite and privileged, and they know what to do with their money and they're smarter than us um so to me, they're kind of acting in a certain way.

They have that same like trait as wall street, oh apparently they're, so good and so smart and they know what's going on so anyone who's like talking about a distraction and they're base they're just jealous they're jealous you know it um, don't don't pay them any attention And then i would just like to congratulate you, no matter what you're in um, i have no p-h-u-n position, but if you made a killing on that, congratulations there. If you made money trading, some weird nft today, congratulations um! I think it's cool when any ape gets money, because the odds of that money flowing back into a play that i'm currently invested in is very, very high, so your success in an indirect way ends up becoming my success, um. So, in a selfish reason, i applaud all of you, but then also just from a moral reason like i'm happy when retail ever makes money, because this is a hard game, you took a risk, it paid off um. So this concept it drives me nuts, and actually i don't know whenever i just see these people - the destruction instantaneous ban, instantaneous ban, look at my tweet uh even for this live stream.

I put this out there and i tagged p-h-u-n in dwac um folks. This is social media yeah. You kind of got to talk about the things that people are asking you about. Look at the comments to it like i've already had to ban like half the comments because they're like how could you possibly talk about another stock i'll? Let you in on a little bit of a secret.

This is not an amc channel. This is not a gme channel. It's never been an amc channel, it's never been a gme channel. I had this channel way before amc way before jimmy and i've always done this thing where whatever's going on in finance.

I talk about the hot topic things because that's where the biggest opportunities for not only entertainment, but specifically education, really lie like. Of course, you explain. All the same con concepts like today, i talked about spacks and warrants those are important to know, but you explain it through the concept of the thing that many people are paying attention to ie dwac and then from there there's many other takeaways. You can always learn about risk reward.

You can always learn about things going absolutely parabolic because of fomo buying. There's so many lessons in things that are moving. That's a key thing and i guess you could take some lessons away from things that are consolidating and explain. Consolidation, but people want to know about what's moving, why it's moving and like what can be taken away from that there's always so many learning lessons, and then you see all these just negative nancies, these straight up greg's, who like for some reason they act as if Our community, like it's against the community's rules, to like even murmur like the ticker symbol of another stock um folks, i'm invested in many stocks uh, i actively trade, many cryptos and i'm invested in many just many things like.

Why would i not be i've been involved in the market for a decade and you're gon na learn the the important the critical importance of diversity and to like, when people are some in weird way like showing that they're against, like having a diverse understanding and a Diverse investment portfolio that tells me how green they are to the market and they just don't know what they're talking about. So why would i ever like listen to their opinion when they're so like they're so new? They just don't even know what they're saying wait for the liquidity that pours into amc and, in my opinion, specifically prague. The rocket is now fueled. Retail has made so much money today.

Second, most historic retail day the amount of money that dwac and phun has given retail it's absurd. It is clearly clearly absurd and i think that should be celebrated uh paul three-year-old ph 400, when trump mentioned them in a tweet at four p-h-u-n. That might have been like a reverse split, though fud swatter, so you might want to just check into if there was any reverse uh reverse splits, uh matt you sold out, go trump, really go capital rights and racism, and all that like where do when did i Ever say: go trump like i'm, covering news dead syrup. I think you just won the award of like the dumbest comment of the day.

You sold out go trump, really go capital riots and racism and all that what uh dead syrup i i have a a very earnest question like and and you're probably gon na, take this like personally and offensively, and maybe you should but three three words for you Are you stupid and feel free to respond with that? I don't mean it rhetorically, but, like maybe you're, just like oh yeah, i know like i'm a dumb person like and that's fine like, then you get a pass but like if you're not stupid. Like what's your point here, when did i do like dead serum like seriously just like? Are you a dumb person like and it's all right, there's dumb people out there, like, you can admit it. Um, there's nothing wrong with being a dumb person like sometimes people are just born like that, and you might be one of those unfortunate people who was just born dumb and like hey, we're here to help you that's why i like to answer the same questions 10 Times throughout the day, because i know i want to bring everyone up to our level, but i'm just maybe you're a person that um like you might just be dumb. How like what are you, the simone biles of mental gymnastics seriously? I feel like now in a in a stream of 5 000 people, i'm almost talking with one person, but you are a gold medal winner, matt coors talks about a stock.

That's up a thousand percent. In two days. He has a stock channel so that that doesn't make sense. Why would he talk about it? Thus he is a racist like.

Do you not see how you're part of the problem, i can already tell that you're just gon na be one of those people who's. Like loves virtue, signaling and you act like you're, always right and like i bet you have a really really thought out opinion for every crazy social issue and political issue. Uh facing this world right now and let me let you in on a little secret people. Don't like people like you, you sound like a virtue, signaling asshole.

You just made the connection that i'm talking about a sock that i'm a racist. Do you not see how most likely the thing you're fighting against you're - probably the one really pushing that issue farther into the negative red territory, so this still always comes back to my original question, for you are you stupid because i i think it's a re uh, A resounding yes, sometimes your age shows my boy, i'm not sure why you trust crypto so much for one. How do you even trust these coin bases and voyagers? So much uh i mean a lot of them are insured by banks and the government, like you, can get fdic approved. Why do i trust it? It's not necessarily trust in crypto.

It's a distrust in our government, like the usd is run by the government. So it's not i'm not here to campaign for how much i trust crypto, i'm here to campaign how much i don't believe in our government or specifically, the federal reserve, doing what they need to with the usd uh partition go band payment for order flow uh. Yes, that is out there. The only thing i saw, though, with that one is, they tried to do payment for order flow and they tied it with dark pools.

I don't necessarily agree with put, i think they need to be two independent uh petitions, man. I took a big gamble that i normally wouldn't fomc dw ac at 40.. Now i made enough money to buy 200. More amc shout out.

Paul matt rant ram incoming uh, i'm here for the fud in the mag mob shirts. It's not an amc channel. It's a rant channel. You apes really come here for the rants me maker, oh gee, shout out randall dude.

I always thought people were full of it when they said buying more amc with profits, but i hear i am buying amc with uh some of my prague profits. Congratulations. Prague is looking very good. Uh matt.

Why are far out of the money calls on amc next week rising when the price is dropping uh? Well, i i don't know what time frame you're specifically looking at, but just in more of a general sense when it comes to options. There's three major things: you need to consider the price of the stock, the current the current price of the equity or etf, the time until expiration and also the volatility so sometimes uh. I i don't know when you looked at it like the the discrepancy that you're looking at, but sometimes when it drops off, sometimes that volatility increase could actually overwhelm it and it gets weird because sometimes options gain extra premium. Even when the equity moves against you, it's not the most common thing, it's more of a rare circumstance.

It can happen, but just remember options cost like the cost of them. The premium like what you pay for what it's currently valued at. It's the very fancy mathematical model that goes into it is much more than just the current price. Uh time till expiration and volatility are huge factors could phun run after i was like theoretically yeah, there's, nothing stopping it from that anything could run in after hours.

You're right, i love how you can uh put a roach in their place. Thanks for all you do shout out corey uh retail joe becoming an astronaut. What else do we have all right, so matt a racist? He doesn't even talk that one's really funny. That one was funny uh shout out to kirby tinker that was actually hilarious.

He doesn't even talk. Oh man, uh otc can't run after hours. Uh gotcha boy wait is phon. I don't think that's an otc stock.

Is it, or are you just saying in general, like of like anything, could run after i thought phun it trades on the nasdaq? That's not an otc stock. So technically that could trade unless you were just saying it more of a general sense that, like some things can't run after hours, if they're otc or on the like the pink sheets happy friday matt. I don't always agree with left versus right politics, but i like the idea of other platforms with respect big tech, bullying. Anyone that doesn't agree with their dogma go matt, rantz, shout out darkened flame, better, be careful or you'll have ding dongs, calling you joggers or something uh thoughts on staying in dw ac during the weekend, but i am but that's just because i have such a small Position like i'm, i'm in i'm in dwac for the laws like i don't know like like it seems it's basking in the chaos of the situation, so i'm gon na swing it um, but that doesn't mean other.

Like other people, i took, i view dwac as a high risk high reward swing trade because it's high risk. I took a very, very small bet because it's a high risk. I am going to swing it over the weekend like, but i'm i just wanted to have a little skin in the game because of like it. I don't know being funny and whatever i don't know it just seemed fun.

It seemed like something funny to pay attention to that's why i have 20 shares. I have 20 shares, it's a small position for my portfolio, i'm not going to increase it like it's just i'm literally in it, because i was like oh, this could be fun. I saw potential in it but, like i said, i can't overstate the fact that it is clearly high risk to high reward. I think a lot of people they hear the high reward and the brain like cancels out the fact that i say high risk.

So let me iterate that one more time it is a high risk. High reward swing, trade um, the the price - will not settle here, not whatsoever whatsoever. This will end up coming back down. We know there's a gap-fill play all the way down to 52, but that doesn't mean it can't go higher in the short term.

So with it. The fact that i think it has potential to go higher, but please understand it's not like the stock's going to come up and just settle here. You have to be much more agile with this play given enough time, and unfortunately i don't know what that time frame is dwac will, i don't know, i'm afraid to throw out a a price level, but it will have a significant drop at some point in the Future and then it'll probably start trading more closely related to this success, of it being a social media platform right now. This is pure just like unbridled energy and enthusiasm of what's going on in this situation, and people get excited about a running stock but um.

Please don't think of this as some diamond handed play. Please please please, please please please! I just i just don't think the odds of that are high at all. It's like a 0.001 chance that this thing will just settle at some crazy high number and just start training there. Is it possible yes, but this is kind of like the the dumb and dumber thing when he's like.

Oh so you're saying i have a chance yeah, but like it's one in a freaking million um dwac, it could keep going higher and eventually it'll keep coming down and i don't think, there's any issue with making money on both ways. Maybe you've already made a lot of money on one way and you're just waiting for weakness to play it the other way. That's fine! I don't see any issue with that whatsoever. What's going on james, i love your bees, but if you don't buy and hold amc, you're being a little bitch shout out to charles payne, i never made 730 on a trade in my life locked in this morning.

Thank you for joining in my head. To not be greedy, let's go bandwagon. What's going on andrew, congratulations on your 730 gain wait. I thought this was a wendy's.

You said anything could happen. Was joking stop being racist? Oh man! That was a good joke. He doesn't even jog man, man, oh man, all right, so prague, looking very good into close amc bouncing off of 36. We i've been calling out 36 uh it.

If you want to get really technical. I was wrong it bounced off at 35 96. I was off by four cents, i'm sorry! I was supposed to have more potential i'll do better next week, probably not, though that was pretty damn good uh we're getting that balance. Gme is bouncing off of 167.76.

I call that 165., so that was even more egregious of me. I was off by two dollars, but we're looking for that bounce to continue. We want both of these to bounce like now um. Let's take a quick, peek how's, the overall market, doing right now, uh that v-shape bs that they pulled on us once again same thing in the two other major indices, i was up 70k on b-n-e-b-e-n-e warrants held all the way back to even uh dumbass was taking The big swing for the big moon, colored fence shout out trey subway cup: hey.

Can you talk about nakd, stock yeah, so nakd stock? I feel like the only reason it's actually discussed is because it was a part of the sympathy play group back to gamestop in january. People just realized that it was highly shorted and in late january, people were just buying every stock that was highly shorted. To my understanding, nakd is in a very bad like fundamental financial situation. I am not a fan of nakd.

The reason it was highly shorted is because all the numbers, especially at the start of the year, were suggesting that it was a failing business um. So right now i think it's still on some people's radars because they know it made a crazy move uh, but it's probably one of my, like least favorite plays in the world that comes out of like the nokes, the bb, the ax pr and akd um. I i would say just even check it out on seeking alpha look at their lack of growth, their debt um. They had to shut down all their brick and mortar stores like it's, not a thriving business by and like, unfortunately, even with the world going back to normal, it's still not trending in the best direction um.

So i i don't know i think, if you're in it, i do wish you luck, but i am personally staying away from it. I am definitely personally staying away from it. Did you make money on your dwa z position today? No i'm technically down by like 500 bucks or something but whatever so you're saying dwac has potential. It definitely has potential um, but not so much potential that i'm like.

Oh man like i wish i could throw a lot of money at it. I mean it could do something like that, but so many people they just get starry-eyed with the reward, and you really need to first consider risk. It is a big risk play. So that means you either don't play it or you play it small.

In my estimation, at least that's how i would do it in my own, my own mindset p2n not really moving right. Now i see a lot of people saying uh p-h-u-n, but it's p-h-u-n is just flat at nine. I think dwac is a better player than phun. Just because dwac we have the different, definitive merger agreement between the spac and tmtg the trump media technology group.

Phun is up on the rumor that they will be doing the tech build out for tmtg, which is right now dwac um. So that's an unconfirmed rumor uh and you don't want them, maybe over the weekend, be like no we're not doing that and then the stock plummets uh there's some risk built in there because it's purely a rumor play. I hope everyone has an awesome weekend, don't be like a subway cup, take some profits and buy more gme amc and mma t also don't be a big. What's going on trace, i wake up, i'm sure a lot of those words will end up getting me in trouble with uh youtube.

Can you look at g-r-e-e on ortex thanks, uh yeah g-r-e-e? That's a bad company! That's like what their management team did with the the switch from sprt into gree was super super messed up, um, it's shorted, but most likely for good reason and honestly, it's not even that highly shorted, it's at 12 percent um when you're at 12 and not a Lot of people are talking about you like, i rarely see people bring up gr ee, like whatsoever um that i don't know, i'm not a fan of it. Um my play on gree is to completely avoid it. I just don't trust their management team at all. Don't let uh randoms ever accuse you of being racist, i'm biracial and jumped into dwac and put money to amc.

I'm not racist against myself, race on factor yeah! That's just one of those people like we've all met people like that they just think they're better. They think they're like they're they're, just so goddamn smart, that they're, like their opinions on society and politics, are like. Oh i'm just so smart. I just they're like it's like all right, buddy, don't break your arm! Pouting yourself on the back, like i'm.

Probably it's probably some like what 20 year old in college, who just had their first like sociology, class or economics class, or some weird studies, class they're like yeah. No, i know everything now, i'm 20 and uh, even though i've eaten like ramen out of my microwave with my roommate for the past like four months. Like trust me, i am more than prepared to discuss like various pressures facing the overall world, both societally and culturally. Like that, that's who i'm probably in a debate with hello, aren't you 20 years old, too yeah, but i'm i'm in my upper 20s, which means my brain has developed to the point that i'm starting to realize how much i actually don't know.

So i can fully call out people - and maybe you shouldn't talk about that. Probably you don't know about it. That's like where my brain development's at um. I it's there's some point in your 20s that you're, like oh wow, i actually don't know shit and that's where i'm at captain mexico, you don't have to attack me like that man, oh man, thoughts on prague for a viable short squeeze play.

Now. I have no prog, but i would i would argue it is a viable ftd. Uh short squeeze play um, not necessarily like a diamond handed thing, but prague. A lot of people are pointing out that even like, don't even consider the short squeeze part.

A lot of people are starting to argue that prague is just legitimately undervalued, like from a fundamental perspective. People are arguing, wait. No. This is a good fundamental play and like to boot, you have the chance that maybe it also has some sort of like squeezing potential um.

So prague is one i find interesting. I just want to learn a bit more. I know a lot of people in the discord have been discussing it and i know a lot of people have been discussing it on twitter. So maybe that's a good place to start your dd right there on twitter to see what's going on, but uh the the argument in support of it is definitely an interesting one.

Uh. Would you invest in dwac or dwacw um? It depends on dw acw. The warrant is just a higher risk to reward play, so dwac is already high risk to high reward and, if you're just like screw it, i'm feeling lucky like things are gon na rip um. You could then go with the warrant one.

So it's it's gon na be correlated to the success and or failure of dwac but understand it. It's even higher risk and it's higher reward. Like that's the what you get in return, he only is high class ramen uh matt. Your story has inspired me to follow.

My dreams, i'm a professional beekeeper. I want to start my own youtube channel on beekeeping. Can you share the best piece of advice on following this stream? Yes, for any of those out there uh who want to do social media, specifically things related to videos, whether you want to live stream or just do like video uploads and honestly, you could probably take this to any form of social media. If you want to talk about tick, tock, twitter, instagram, the success to social media, like many many things in life, you just consistency - is the number one thing if like.

If you could only hear one thing right now and all of a sudden, you're gon na tune me out against everything else, consistency, consistency, consistency, you i did this for like 10 months 11 months, and i got nowhere with it and i just kept doing it. I tried weekly content daily content more or less longer shorter and, of course, that's like your trial and error process, but you just got to put it out there. You can't just do it a little bit and be like. Ah, i didn't work and like just quit on it, consistency, consistency, consistency and you could actually apply that to most likely like what i don't know.

Are you trying to get ripped at the gym? Are you trying to do better at work? It's just you're. If you show up and do the work that's most of the battle, you just got to do it day in and day out now, if you want to get a little bit more granular with social media, you have to do something that other people are not doing. When i started social media uh, specifically this youtube channel, i was like i want to make finance channels or videos on a finance channel. So i was like oh i'll, just make a good video explaining something, but then all of a sudden.

At that point, i have less than a thousand subs, my speaking abilities. Worse, my editing ability is worse and i'm competing with people who are larger than me. If you're not 10 times bigger than the person who's already bigger than you, you are not going to beat them um, there's a lot of social credibility and a lot of people end up just getting attracted to who already has the big numbers. So for you to get bigger than them, you can't be the same level, and obviously you can't be worse.

You have to be notably better to pass someone when you're doing the same style of content um. So unless you are very good at whatever it is you're trying to do, um like and very good as a notably better than the people who are bigger than you already doing it, which is probably not likely because they've already been doing it, you have to find A new domain, the domain i found myself in was live streaming stock markets. That was not really a thing that was being done before and when it was being done before there were some people, it was a little bit too. It wasn't chaotic enough.

People did not get the same reflection of how they felt and what was going on in the markets to the person they saw on the stream. Were there, people live streaming, the stock market uh. When i first started streaming the stock market yeah, but they were, they were almost too professional. They they they use terminology that people didn't understand.

They had the button-down chart and then me i just show up, and at that point i was i was fit. I was like switched around. I barely knew how to live stream. There was a white wall behind me with like which was weird contrast to me: who's like as white and pasty as mayonnaise, and then i had like on a vibrant, like blue duck shirt, and it was just chaotic and in a certain sense that was very symbolic To the current situation, it just it had more traction than people who were already put together and like then they had the learning curve of the terms that people didn't know um, you did it and, like i guess, that's just being more genuine uh like everything about It was like that was going on with me emotionally in my finances.

It was so represented by like how messed up the stream was, like. My emotions were out there because, like i saw my account going up going down um, it was just genuine with how many other people were feeling the exact same thing at that time, um. So that was my. I guess like little foray into like how i basically fell ass backwards into doing something that other people weren't doing at that moment in time, so for anyone trying to start whatever they're doing, especially for really it's the social media.

If you see someone else doing it, that means you shouldn't be doing it be creative, be original, come up with something new uh chip and putt becoming an astronaut shout out chip and put i appreciate that someone said help i'm having a fart attack, interesting uh, nice, Nice, beautiful bounce off of 36 we're up to 36.77, so uh three quarters of a dollar hey i'll. Take that i'll. Take that i'll. Take that dwac seems like it's going quiet into close, not much of a movement there, um gme, so amc and jimmy kind of moving dwac.

It looks like it's going to be flat at 90 and to close, what else do we have going on uh matt, short-term cardano prediction cardano's been kind of flat, not doing anything, so my short-term prediction is not much of a dv yeah. It's been range-bound ever since, like for almost all of october, cardano, not moving, so my short-term prediction is probably not much of a change from that uh. I'm changing my name to mac course and getting verified on twitter. Hey! Good luck! With that i mean, i hope at least one mac course can figure out how to get verified.

They keep telling me i'm not notable they're like yeah. Sorry kid you got ta get out of your mom's basement, it's a clear message and have a great weekend gerald. What's going on man trey subway cup, my dog is racist against himself when he chases his tail in circles. Cat block makes me sound like i'm serious and angry matt has never taken a political stance since i've been watching.

We are all trying to make some attendees. Thank you, matt for being on this platform, i mean, i think, i've taken some political stances, namely, being i don't like politicians, and i know some of you are hearing that of matt just said he doesn't like democrats, matt just said he doesn't like republicans. I just don't like him the thing i think. Maybe if i were to like a politician, it would have to be a newer politician because who, in their right mind, would want to be a career politician.

Do you know how much like you just have to be a narcissistic egomaniac to have three plus decades in politics like what is what's going on in that person's brain, that they think that's a good decision, and no no, no, this argument of making the world better Um that that had to get beat out of them within like the first five years um. So maybe i shouldn't say i don't like all politicians, i don't like all career politicians, because that is a person that i just don't trust.