Cause we're holding on forty life, getting them tended so soon, don't be mistaken. The apes won't be shaking or breaking because we're going to the monday very soon gon na wake up on the moon brand new yacht and the mcdonald's in my living room, bright, yellow, lamborghini, 50 meter, swimming pool champagne every day, ain't fam. What you do wan na hang one or two: oh you got a mansion too. Oh that's right, held on tight jack titties every night.

We was in way back when they tried to chop it down to ten and she's couldn't come for him. Ace was strong until the end. Now, let's pretend to tell they'd be sweating had enough of these villains, but the eggs were rebelling cause we never be selling till we sent it to heaven now we'd be out of yelling, hey screw. You kenny.

I want my wife, a minivan to share with the boyfriend, but i pull up in the benz played saying olive cranes going on an airplane. Don't think we'll be back again celebrating every day like it's, your birthday cause we're holding on for delight, be mistaken. The apes won't be shaking or breaking because we're going to the moon expectation, probably more manipulation. If you do, a creation of a crooked operation brought more while it was low, got more dips in trader joe's.

Oh, you thought that we'd, let go what the hell you take us for allah. If you spend your while living last dollars, 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 eggs anymore, as we trust - oh hell, yes, gon na, send it into space, go fire up the jets done. My dd call me out 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 no breaking because we're going to the moon don't be mistaken. The ace won't be shaking or breaking because we're going to them we're going to next town moon gang. We are back at it again, daniel back at it again.

Amc up 9.9 on the day, currently trading at 45.80 gme, currently up 4.1 percent of the day trading. At 222., tesla is still down 3 lucids up. Eight percent bitcoin is trading just below sixty six thousand ethereum just below forty. Eight hundred solana, 250 cardano recaptured two dollars actually pushed almost 215 at one point currently had 211 crazy stuff loop ring 182 183.

Lots of action lots of action today, clearly quite a bit of excitement in amc as we go into the earnings announcement, so some of the results will come out pretty much right after the market closes today today, 4 p.m. But the earnings call the webcast, which i will be live streaming uh we'll make that its own stream i'll start it like 15 minutes before, but that starts at 5 p.m. So in three hours, adam marin and the leadership team at amc will be doing their q3 earnings announcement and we're going to be doing it live here. So, what's going to happen is all right before i'll give you the rundown of the expectations, we'll listen to all of it and then right after i'll kind of give you a rundown of what it means so we'll we'll do the prep work we're going to listen To the whole thing, and then i'll, let you know my thoughts on it and that will obviously all be happening in just real time, but right now this is nuts amc had its official breakout that top yellow horizontal line at 44.50 big deal.

The fact that we got above it now we're holding above it, that's nice, that's nice! Obviously i still have all of my amc shares, but relative to this morning i also increased my position by just getting some. I was talking with everyone in the moon gang discord and they're like yeah, we're all having a little bit of a fun time, so i bought for my portfolio. A small amount of lottery called just in case there's an earnings announcement beat um, so they expired. This friday, like i said it's with this, i don't want this call position.

I went long on calls that expire this friday to be thought of. As like a good investment. It's the flip of a coin. It really really is either we beat on earnings or we don't and the stock will react accordingly, but with so much buying today i think it's one or two or maybe even a combo, of both of those things number one enthusiasm, uh, a very good chance is That people are enthusiastic, they know there's earnings they're, like hang on, i see a lot of people going to the movies i hear of all these new box office records cinemark being on their earnings, people might just be enthusiastic or another very real possibility could be.

Maybe someone knows something we don't or, like i said, could be a combo of the two could be, people are enthusiastic. Maybe someone knows something that they shouldn't be training on and they're trading on it anyway. I don't know this is all complete conjecture, but this is kind of that fine line between a reasonable like active swing, trade versus a 50 50 shot you're flipping a coin either we do or don't beat - and i am clearly bullish on amc. I'm pulling for the leadership team, i hope it works out.

Well, like i said, i made it a very small percentage, my overall portfolio, a very small percentage of my overall portfolio, because when it comes to a 50 50 guess, i don't really like those odds for like a hefty position um. So i just wanted a little bit more skin in the game as we head into the earnings and i'm hoping for some crazy, crazy post market action. But i'm just trying to be transparent about where i'm at and my positions and everything going on there. But right now amc looking great jimmy, looking solid, multiple rejections at 224 225.

Clearly, a region resistance there, let's see if it can make a base and kind of get moving into the remainder of the day. We have about a little two hours, two hours to go until market closes uh. I i wanted to give you the extension today, uh, mainly because things are going nuts, but beyond that uh. Tomorrow's gon na be like an oddly shortened day, just because i'll be doing the morning stream, like normal i'll, have to end it a couple minutes early, but i will be missing the afternoon stream tomorrow.

Um because we'll be doing the town hall with charles payne um up in new york, so got ta, get that all squared away and it'll be fun, and for me it's always enjoyable to get the word out of what's going on to more people. So it is obviously if you're, watching this stream there's a good chance. You've been innate most likely an ape for a while, and you kind of know the details of what's going on, but depending on how you define us winning, i think a strong proponent, like aspect of us. Winning really is the more people in the fight the more the merrier.

So sometimes you have to take these opportunities to speak with other people get the argument of the apes out. There try to get more light, shined on what in the hell is actually going on. In this scenario, because, like i say, i truly believe that the truth is on our side and the more people that understand our story, the more people that are going to resonate with our particular fight right now, so i'm excited excited for it. So i figured hey.

Might as well go a little bit over time today, a little extra long stream in the morning extra long stream in this afternoon and then we're going to do the earnings announcement, um and i'll start that stream. So the earnings announcements at 5 pm eastern i'll start. The stream like 15 minutes before just so everyone knows hope you're having an apis day. What's going on the ar guy james dean, be careful in new york brother there's, guys mugging people on scooters and segways there.

Now i mean i'm not bringing anything of importance with me whatsoever, so i hope i'm not a mugging target, the actual short interest of amc uh. All we have is an estimation. I don't know if there's like a physical way to get the real time like a real way, it's always lagging behind um. As of now it's estimated at 16.6 percent.

But once again that's an estimation when you're saying real uh, i don't think there's uh like a way to get real-time short interest of what it is accurately uh. Once again, it's estimation. It's estimation, work, uh, nft is delivered to amc holders as a dividend gift to f kenny. I mean i don't know how nfts would do that.

I i hear some people talking about this. Like nft dividend thing um. This is very much a creative way to do. A dividend i've never heard of one before most of the time.

Dividends are coming from the company's capital reserve and they give it to you for being a shareholder and because of that, when they're giving money to shareholders for being shareholders generally companies that do that. Don't have debt and amc has debt, so a quote-unquote normal dividend not likely not likely at all, and this isn't my own conjecture. This is like literally what adam aaron has said, and i know some people are talking about an nft dividend and we would just have to hear the details of it. We would very much have to hear the details of what that even really like includes like i.

I think there's way more questions about this, rather than like actual answers of. What's going on and to my understanding, just from my light, googling um whoa my duck um, it sounds like this is a lot of conjecture, a lot a lot of conjecture, so we just need to wait and see how amc is specifically going to pull this off Or if they're going to pull this off um, i don't think this has been confirmed by adam aaron. I mean not from what i've seen has been confirmed by adam aaron, so we're kind of we're just waiting, we're waiting and honestly, we could all guess right now. We could just wait three hours and we're gon na find out the the exact answer of what's going on but um.

I don't want expectations to be said of like oh, like we all have to expect a dividend, because the last commentary i know from adam aaron is that he said uh a dividend. He said this in the last earnings announcement uh that as of now, based on. What's going on, a dividend is not likely um, i'm assuming he was referring to uh like a normal cash dividend of like how things typically go in the world of dividends. So maybe they came up with like a new creative one possible, i'm not gon na rule.

It out i just uh, i don't want expectations to be there of, like. Oh we're definitely getting a dividend because, among other things, i think one of the biggest detriments to this community is you have too many people setting up unmet expectations. Uh, we oucha glad to see amc and jimmy having sympathy play with my morning. Movement, shout out shout out we're all getting a free bag of popcorn.

Instead, don't you get that with investor connect? When amc goes positive on debt, then you can talk about dividend. That's how i think about it. That's what happens in a high majority of companies is when they go positive and they're in the cast cash position, to pull something like that off. That's when they get going uh.

Have you interviewed, marxi and known about osk in digital dividend uh. I know about overstock and we're talking about the specific nft uh. I don't know about iex orders being auto cancelled on fidelity. I haven't heard of that about that, but coming back to the overstock thing, um that is apples to oranges, because this is people are.

The assumption is that the nft would somehow specifically relate to nfts um, like in amc based nft, so once again apples to oranges, uh we've. You can only compare it to an amc, specific nft dividend in the past, which there has been none. So i don't know where people are getting a basis of what an amc, nft dividend would look like, like i said like there's nothing to compare this to, and i think a lot of people are just running with this. I don't know where it got started like this nft thing i mean i'm.

If i had, is it just exclusively going to be reddit? Is this going to be one of those things, amc nft dividend if i hit enter here and it ends up the first and only result is reddit. I'm gon na lose my mind holy. Look at that first, one is credit all right. Let me see if there's any actual news on this, hang on there's something on barons.

What is this? The fact that the first thing is amc, like that's comical, in moon, sucks, gamestop, amc at different points this year, we're more than 20-fold special purpose acquisition d-work. All right, no, so it's not in the barons article! Let's just see what this oh wait and this one's from amc following the gme example, could release a dividend: crypto token for zero monetary value, nft style um. So this is back in june. So with this, i think this is actually where i got.

My information was um understanding where the community is at by reading this one from june. I don't see anything new, but also some people are going to miss the count and that's going to be noticed. The nail the coffin, if amc, decides to pay 0.2 per nft release and screams this. If the dividend nft happens, that's awesome but do not have the expectation that that's like what you're going into this seems to be a lot of conjecture.

A lot of conjecture, someone posted a video that said, confirmed, amc, dividend and lot. This is a lot of conjecture. That's a very dangerous territory to be in a very dangerous territory. If it happens, that's sick! That's good news! I'm excited to hear about it.

I'm excited to have like i i want it to happen, i'm i'm not against it. I'm just trying to temper everyone to be like. I don't want you to go into this and think that somehow we missed on earnings. If they don't announce this, that's my only concern, i'm not against it.

I want it to happen. I think it'd be cool and a minimum. I think it would like just stir up some good pr pieces. I think it would get people excited about it um, so i'm in no way against it.

I'm just saying do not expect a normal dividend and don't even really expect this one if it happens great, but do not go into this thinking that, like okay, this has to happen or, like that's, not good for the stock. That's like my literally my only commentary on it uh when the shorts start to cover, will we say the volume and price change today or after 48 hours? No, you see it instantaneously, uh! That's it! That's it uh when it happens, all the trades um people. This was from a while ago, but people had an assumption that they somehow like delay your trade being executed um. You could literally see your trade on the time and sales like it happens.

It's on, like you, can see it like in real time as your trade, you could be like you could buy like a weird amount and be like hey look. Those are my shares right. There uh definitely possible. There's not a 48 hour delay.

The delay that i think you're referring to is more so of when the shares can be returned. So you cover your short by buying stock, so remember to go short. You sell stock to cover the position as in to get out of the position you buy stock back after buying it back. You have to wait for the trade to settle and then you return it to the original owner.

The settlement is two days right there. So that's the trade is real time. The impact on price is real time, but to give the shares back as in return shares on ortex when we're looking at those numbers. That's the two-day delay - and i know with this like it's weird and like there's a lot of things going on, but it is, it is important to understand of like okay, like this piece fits here and it's complex and that's why like, if i'm confusing anyone, i'm More than happy to try to explain it in a different method, a different mannerism um.

But yes, it's a complex system. That's the market and it's uh. It's useful for us to like all learn a little bit more about. What's going on total, not sus, plummeting straight down, don't don't say that plummeting straight down, amc is up six percent like i, i really don't get this like people's mindset like as soon as they see red they're like this is manipulation this.

What do you like? No one was claiming manipulation when it ripped from 10 40, all the way up to 11 30. and like it's weird because, like i'm not saying like, i don't like this, like, like. I said, i'm long on amc but like to scream that this is manipulation. And this is suspect and like gary gensler needs to look in the amc price action from 2 p.m.

Till 2 20., like what? What like, if you had no issue with this movement from 10 40 to 11 30., if you thought this was like normal market movement which to me this was good momentum buying and right now it seems like day traders are bailing on the position. I think a lot of day traders saw this momentum played into it. They know about the earnings, they know about the apes and, right now it ran up to almost a whole dollar value and they're like okay time to pull the rip cord on it. No one is selling that.

What does that mean? What does what does no one is selling mean? Who who asked that or who told me that act, actor, ac, true act, actor, ac, true um! Yes, many people are selling right here. Volume, 52 million, 52 million shares of amc were sold today, 52 million shares were bought today. That's what volume is it's the same amount of bond every buyer has a seller. Every seller has a buyer.

That's how the market work um. I think what you mean is apes, aren't selling, which that's fine, but if apes are just holding, if you hold stock, you are no longer influencing the price of the stock ev like if, if you're sitting on it, doesn't matter if you're sending on one share a Thousand shares ten thousand shares a hundred thousand shares. If you are sitting on shares, you are literally no longer impacting stock whatsoever. What impacts the price of the stock is the current buying and the current selling are people meeting on the ask: are they meeting on the bid how aggressive is buying? How aggressive is this selling to say the the concept that nobody's selling? Look at the volume like it's to say no one's selling, it's as nonsensical as saying no one's buying it just doesn't make sense and it's a good sound bite.

I admit that that's like catchy to be like yeah, no one's selling. This thing it is a good soundbite if you want to use it as like a calling card of the apes and it's a good soundbite but understand, there's also like literally no logical reasoning to it, like literally whatsoever um. It's just that's: what volume is uh? You handle a lot of dumb comments with restraint and succinct, succinct explanations. I appreciate that um.

I i don't think these are like intentionally dumb. I think people are spreading false information and it confuses a lot of people um. We just need to be honest, we need to be honest and all on the same page. So when you have just these sound bites of, like whatever it is like, no one's selling yeah people are selling, there's literally no way around it.

That's what volume is if you want to say that apes aren't, selling and apes are still in the cause and apes aren't pulling the rip cord? Okay, that's a completely different thing and i'm on board with that. But um - and i know a lot of people are still using that 80 number, which uh. Actually this was a topic we were discussing in discord about how that's like a bit strange, because that 80 number of 80 percent of the float is owned by apes. Remember that's from early june we're right now in early november, so i don't know how fair it is to use that number anymore like it could be higher.

It could be lower. It could be the exact same. I'm just saying it seems a bit weird to use a single data point from july august september, october november, from five months ago, we're almost like half a year away, um it. It seems strange to me that we still use that 80 percent number and i'm not saying there's a better number, i'm not saying.

Oh, we should use 70., we should use 90.. I'm saying i don't even know what number to use i'm saying i wish adam aaron did another share recount, so we had an idea of ownership, um stop being bearish lol. So it's comments like that, and i know you're like a nobody keyboard warrior like i get that, but once again for us to win this, this is a highly complex system. This is a highly complex fight.

We have to be accurate. We have to be right, like we have to know what we're saying um. It's you don't want the media to pick up on something like that. It's it's not a good look for us.

People are not going to join our cause if we're saying no one's selling like if we say that and then mainstream media, like amc, apes, jimi apes thinks no one's selling and like when it comes to media. You don't have the opportunity to be like that's not what i mean, like i kind of meant it this way. Actually that's the issue. I get what you mean.

I get what everyone means when they're saying that type of rhetoric it makes sense, but please think of it through the lens of how the outside world is going to view us. If that's the one sound bite that gets out, because coming back to what i was saying before, it's incredibly important, that we're presented in a good light to get more people to join the cause that that's incredibly important. So as much as it might be fun. To say, and you rile up other apes think about you, don't want to give the people who are against us like any more ammunition, because if you give them the opportunity to drag the movement and particularly the stock and our knowledge of the stock and our knowledge Of the stock market through the mud, they're gon na, do it like if we give them that opening, of course, they're gon na take that opening um.

So that's why it's incredibly important for us to like actually know what we're talking about it's incredibly incredibly important um. He is being honest. This is what people need to hear. Oh well, yeah, i'm not going to just sit here and tell people i mean there's enough other social media people who will tell you like if you want to just be here, to be like to for some for someone to confirm your bias and be like this.

Is what i want to hear today? Oh, like i mean i appreciate you hanging out, but you definitely stumble the wrong or like it's the wrong live stream like i'm, i'm not going to tell you something. That's incorrect! Just to comfort you i'm going to tell you the truth of what's going on, that's insane! Why would i just want to like pump up your confirmation bias when your own money's at play that that's insane? That's super super immoral. The people who do that either they're immoral or they just don't know what they're talking about uh. Did i listen to lou? No, no, i did not uh further bill is my case for an anger translator.

We probably should get one you want to uh. You want to raise the buy on that, can't just hold it if you believe the stock buy on the up as well as the dip you want to ride. You want to rise, buy on the up, can't just hold if you believe the stock buy on the up as well as the dip. I see what you're saying like, and that comes back to just the generic statement of like holding when you first created your position.

You positively influence the stock if you're now just holding, you are no longer having any influence on the stock, not positive, not negative. It's just no influence um holding a loan, there's no demand, there's no supply like you're, just sitting there and you're waiting and you're waiting. Uh, if you increase your position, obviously that's another positive event, you're representing buying demand and that pushes the stock up. And if you choose to get out of your position, that's representing supply, and then that adds to like the selling pressure, like the downside.

But it all comes down to your active trades. Not your active holds uh, not confirming my bias shill. Do you actively watch your discord during chat? Yes, so you're going to want to go to uh lil will you're going to want to go to the like the mac questions. The mat dash live questions uh.

What is this i hold and i'm helping hold the line by holding this position? That's what i believe so natasha you're right, because holding is obviously better than selling so like. I agree with what you're saying in the sense of you're holding the line by not feeling that pressure to sell, because when you sell that's providing like selling pressure you're adding to the active supply. Because remember, the price is always the equilibrium between the buying demand and the the selling demand who's being more aggressive. So if you're thinking of it as i i kind of see what you're saying there of holding your position, you're, ensuring that you're not adding to the active selling pressure, which is obviously better so like best - is buying better than that is holding.

And then, obviously it's a negative event to sell. I disagree with you entirely matt, holding your position, you're, keeping those shares from being freely traded, thus putting buying pressure on the more limited supply driving the hedges to naked short, more okay, i mean you could disagree with me um, but i i think, you're making some Jumps there it it's folks, it's very important to understand that it comes down to the active traits. Look at the time in sales. It's the time in sales is literally the most recent price.

That's where a buyer and a seller agreed um if you're, just holding okay. Theoretically, i don't know if we would ever see this in practice, but theoretically, let's say that the apes, okay here, here's the thought process for us. Let's say that amc only has 10 shares. That's it there's no more, no less in existence or you could use this for gme either.

If there's only 10 shares right, no, no more! No less! If apes owned all of those like all 10, like institutions, didn't own market makers didn't own if no one owned anything we own all ten, like me and nine of you watching right now, we join one we own all ten and we refuse to sell amc. Doesn't trade then there's gon na be no movement like whatsoever and okay? So now you're talking about a scenario where 100 of the outstanding shares are owned and there's no movement, so the price will be whatever the most recent purchase was at whoever like number like number. 10 was whoever that person was whatever they decided to buy at. That would be the price and then from there on out, as long as out of those 10 people, no one's selling, there's literally no price movement.

The reason amc moves is because there's new people buying new people selling simultaneously, that's like what the price is, so i think some of the inherent axioms of what makes a stock move, whether up or down. I think a lot of us need to get onto the same page. Of that. Remember, price does not move unless people are actively trading.

That's what causes price to actually move. What was your yolo strike? Not financial advice. Current calls are 48 for next friday. Uh 48 strike j keith.

I believe mine is the same confirm my bias. New york giants are the best team in the nfc east, hey mike. If you want me to agree with that, i'll i'll give you that confirmation bias, how does pressure affect the price if the price is determined by bid? Ask okay? This is an excellent question. Okay, jbogey, let me repeat that for everyone, how does pressure affect the price? If the pressure is determined by the bid, ask so? Okay, let me i don't know if this is going to pop up.

Where is it okay? So if for all of you who are watching a level two right now, let's just say you're on weeble - and you see the bit on one side and the ask on the other side - i don't know if my camera's flipped, so it might be a bit over Here and ask over here, but whatever you have a column of bid, you have a column of ask right just so you know if you're looking at on weeble, that is the level two for exclusively the new york stock exchange, one of the 16 lit exchanges, but Anyway, that's besides the point uh, it's not all lit exchanges, it's no dark pools and it's no market makers. It's literally like a lid exchange, one of the 16 uh one of the 12 major ones, i would say, but anyway, this is a great question. So your bid, what is the bit think about that? The bid is all the people who have limit buy orders. So if you look at amc, hang on, can i just bring this up.

Let me figure this out. Hang on one. Second, hang on one! Second, this will be way easier for me to explain if i can show you sorry, i'm just letting this load okay and i think i have it uh to the moon all right right here, uh. I think you guys can all see this so right here.

Let me bring up amc. This is a really good question and i think we can get into some good discussion here so time and sales. These are like the literal trades coming through like this. When you see you see the exact time, you see the exact price and you see the exact size.

So that means like right here, for example, if i were to freeze one of these at 2, 32, a buyer and a seller agreed on the price 44.64 for whatever 500 shares. This is the time in sales like these are the like: the live, like hey, a buyer and a seller. They agreed um on the amount they agreed on the price and like they, cash went one way and the shares went the other way. That's the time and sales, it's like the literal trades that are happening if you trade, a weird amount like if you were to buy, i don't know 69 shares or 6 969 shares.

You would see that, like you, can see your own trades come through, especially if they're not broken up into smaller increments um, but you can see your literal own trades come through on the time and sales, especially if you're trading right here this level too. Just so you know we are talking about the new york stock exchange, weeble doesn't have access to the other ones, but anyway, let's talk about this bid and ask, and whatever is going on right here so on the left side, you have the bid. What is the bid? Those are all sitting buy orders. So basically, someone is trying to buy a hundred shares at 44.68.

Six, like i know this is moving very quickly like i wish i could freeze it, but the bid are all sitting buy, orders they're not filled, yet it's someone attempting to buy a certain size at a certain price, so the highest bid up here is the highest Willing, buyer and then on the right side. You have the ask: these are all sitting sell, orders people trying to get out, so the bid ask also known as the spread the bid is the highest willing. Buyer. The ask is the lowest willing seller, so you have bid and ask, and the bid is going up, the ask is coming down, so you have the sellers here, the buyers here and, as you get close, that's the closest people like they're the people who are closest To actually exchanging and then that's the price that you're trading at and usually you you just bounce between the bid and the ass, like sometimes you're, meeting on the ass, sometimes you're meeting on the bid, blah blah blah but anyway bid is a bunch of sitting.

Buy orders ask: is a bunch of sitting, sell orders and that's the spread is between the highest bid and the lowest ask that's the spread of any equity etf option. Yada yada the list goes on so the if these are your sending buy orders, and these are your sending sell orders to come back to the original question of like well. How do you get the movement? Hey duck kid kid. With a duck headband you're telling me every buyer has a seller.

Every seller has a buyer you're going on about these bids you're going on about these asks. How does a price move? That's a great question, and this is getting to the the pressure of the situation. So right here, um it the lowest ask: let's just make up a value, let's just say it's 45 right now, it's like 44.72, but just for the ease of this conversation, let's say it's 45 flat. Let's say someone out there in the world is trying to sell a thousand shares at 45..

Let's say someone sees that and they're like hey. I want amc at 45. Let me buy that. You buy all a thousand shares the next one's at 45.01 and, let's say, there's a hundred shares there.

Another person's like eh, i miss 45, but i still like amc at 45.01, so they buy that you can see that you're slowly, like kind of knocking away at the ask you're you're taking the ask out and that's more aggressive buying every time, you're you're filling the Ask like buying all those shares off of the right side, that's aggressive buying and then, if you have sellers selling to the bid like and you're going lower, like 44.99 44.98 44.97, if you're continually selling to them, that's selling aggression, that's selling pressure. So the way it goes up, this equilibrium is aggressive, buying, time and time again you're. Just basically, all these sitting sell orders, they're, just getting filled and you're taking them out, and the price just goes higher and higher and higher. And that's when you see these extreme events of like just fomo buying of people just hitting market buy market buy market buy! That's what you're doing you're meeting at the ask and you're just taking it out you're, taking out the entire supply of people who are attempting to sell um.

So that's the the pressure argument of okay. Do we have buying pressure? Do we have selling pressure? It really comes down to are the buyer and the seller meeting on the ask which would be buying pressure or are the buy and the seller meeting on the bid, which would actually then be selling pressure because you're going down um. So i hope that kind of clears up, but it's a little bit more complicated than that uh. In this example, you aren't including hedge funds, market makers and day traders agreeing to lower price between each other that doesn't really make sense.

Uh you're you're, always between the bid and the ask so, for example, right here these bid - and these ask you don't know who that is. This could be a market maker. This could be hedge funds. This could be institutions, you don't know where these orders are coming from.

You just know that there is an order for a certain size at a certain price. This could be like i said this could be day. Traders swing traders, institutions, pensions, insiders, you just don't know who it is. You just know someone put that order out there to buy and or sell depending on what side it is um.

This idea of okay, let me put it this way. Let's say that i'm a malicious player and i'm i'm right now actively trying to lower amc. Let's say that that's happening if i wanted to drop amc, let's just say to like 43 right here and i'm like hey and you're, also a malicious player and you're like yeah. Let's drop amc to 43 right now, honestly, how would you do that? Because look at the bid is so built out.

You can't skip over bid so like just because, like i want to lower it and i'll, sell it to you at 43 and like haha, we're in cahoots like and we're trying to do something we're trying to drop this price. How you literally cannot do that because of the bid like you have to override all of these different, like you have to fill out all this liquidity there's just too much here um, you can't skip over orders and that's when we that's why we have the nbbo. The national best bid and offer all trades are executed within the nbbo. So if you're trying to go to the south side of the national best bid, you literally cannot it's impossible.

That rule is very easy for all the markets to enforce. You can't simply get a fill unless there's no liquidity there. So right now in this example, if you wanted to instantaneously drop it to 43, the only way that would be possible. The literal only way that would be possible is, if there's no liquidity between 4461 and 43, that would have to be the highest buyer.

That's the only way to do it and the same could be said on the exact opposite right now, if you and i wanted to jump, amc all the way up to 75 and i was like hey: let's get the prices like shoot up, let's get people excited I'll sell you one share at 75, won't get the price there. You can't do it because there's too much liquidity on the ask side, you can't just skip over all of these. I hope that kind of clears it up like just remember: you're, we're always trading within the nbbo, the national best bid and offer you can't skip over the sitting, buy orders you can't skip over the sending sell orders they either have to be fulfilled, or the orders Have to be pulled off the market by whoever placed them on the market. I think for ada sunday swap will help it run in the next few weeks, according to crypto zarups, what up moon game? What's going on paul, no more marquez is now call you mad.

Boogers uh but jay boogie sweatpants, like i hope seriously. It was like an excellent question and i think it's um good for more of us to learn about the actual mechanisms of how things are working and how to interpret it, because there's a lot of just like wild conjecture out there about things, jordan, smith. But why male models one of the best movies ever what about 70 off exchange orders um? This is a good question, very, very good question, so off exchange trading so like what i just showed you on weibo, that's the new york stock exchange. Obviously, there's zynasic iex blah blah blah, there's many more so off.

Exchange trading, one of the big problems with it and what you're gon na hear is the argument that okay, it it hampers price discovery and it truly does hamper price discovery. So to actually understand that to have a fruitful conversation on how it hampers price discovery is market makers. We have that regulation that all trades are going to be executed within the nbbo, so you have the bid. You have the ask.

All trades have to be within this bound, but what's weird is these bounds? The bid and the ask it's set by exactly what i showed you it's being set by people throwing up buy orders people throwing up, sell orders. You have the argument of buying pressure of selling pressure, that's what's setting the mbbo, it's the equilibrium of all willing buyers and all willing sellers on lit exchanges. That's a very important asterisk. If you're taking a note right now.

This is where you circle it. You highlight it, you star it you tattoo it onto your skin, it's whatever you need to do this price discovery. It's all on lit exchanges. It's people throwing bid orders onto the lid exchange, it's people throwing sell orders onto the lid exchange.

So right now - and you said - 70 - it's closer to 60 right now on amc and gme for a normal equity, it's closer to 45.50, but for the ease of math, let's just say: 50 50. For this conversation, that means that half the orders for these equities are going up onto a lid exchange. People are putting their bid order, people are putting the ass order and the rest of the world sees it. The issue here is the entire other half.

They are not assisting in price discovery, whether up down sideways backwards inwards. It doesn't matter they're, not assisting with it, because they're getting executed by a market maker who's just basing their prices off of the nbbo. So basically the order gets sent to the market maker. The market maker accepts it.

They look at what's going on on lit exchanges, they're like oh, okay, here's the mbbo we're gon na like execute it somewhere in here, and then they move on, but opposed to the fact. If you were to execute your order on a lit exchange, you're actually assisting price discovery, like are people putting higher bid orders, are they putting lower bid orders? Are they putting higher ask orders? Are they putting lower ask orders so in terms of helping with the size of the mbbo? How wide is the spread and where is the spread even located? Is it higher or is it lower market makers? Don't do that like at all they, the order gets sent to a market maker. The market maker looks at lit exchanges and they're like okay. We have to execute it somewhere in here, so they use that almost as like a basis of like okay, like we'll get it executed there and that's the argument of how they're not helping with price discovery, and it also obviously makes the market uh much more inefficient And just so, you know with mbbo: that's only on that regulation of trading within the nbo, that's only on during normal market hours from 9 30 to 4.

It does not exist in pre-market or post market just so, we all all know there uh j, boogie sweatpants. Thanks, but i understand it much more now happy do you know like and that's um, it's an excellent question. It really really is what is my opinion on log the float conceptually, i agree with it. I do i really really do.

My issue is just like. How is it all confirmed? I heard some people are just saying through pictures. So like is someone going through it and just like confirming millions of pictures and then, if it's just a picture, can't people just edit it and make it seem like they have more or less just to screw with us. So, like i like where it's going and i think it's a very good effort, i just have issues with the validity of it and i wish i really wish say: technologies didn't get purchased by robin hood.

Honestly, like i think, that's one of my uh biggest problems with it uh. What else do we have? What are my expectations after hours? Uh, i mean no one knows it for sure, but i'm going into this pretty freaking bullish um, i think today i mean amc is currently up. 7.3 percent gme is up 2.7 percent, so the moon crowd. It's excited, there's enthusiasm in terms of the numbers of.

Are we going to beat, or not i mean cinemark beat last week and amc is in the same sector, but on top of that, there's a very ravenous, highly passionate crowd supporting it. So to me, that's pretty important, like i think. Not only will the they'll beat but they'll be on a greater relative rate, because people are going out of their way to support amc. So i don't think, i'm being naively optimistic, it's just trying to read.

What's going on culturally right now, as it relates to amc, uh aaa sold, say technologies, aa sold it no adam aaron doesn't own safe technologies, donco you're, being a donkey um adam aaron, adam aaron, never owns state technologies. Where do people come up with these comments? Donko, adam aaron sold, say technology to robbing hood. No, that is completely false, verifiably false, very easy to disprove. He never owned it.

So how could he sell it say? Technologies was an independent company that various different boards have used to submit questions essentially and that company was bought by robin hood, i'm about to clean some rings. So i wanted to shout out ketchup for cleaning your very real girlfriend's ring legit soak for 30 seconds. Wrench dry, all right, artsy, cart! What's going on shout out ketchup, i wonder why. Why does ketchup help clean a ring? Adam aaron is ken griffin, trust me bro and trust me bro.

Is there a reason why mbbo not on extended hours, i'm sure they came up with some reasoning similar to when they came up with the reasoning on 13f, so they don't have to report short positions uh. It seems illogical to me. I i don't get it, but it just is how it is. Ketchup is acidic, oh because of the vinegar, acid and salt hey.

You learn something every day i can honestly say: i've never cleaned a ring using ketchup, but hey new life. Events are on the horizon. Uh, hey matt, do 100 push-ups and i'll buy 10. More amc shares like do 100 straight.

I don't think i could do 100 100 push-ups straight. I could probably do like three of 33 and then like one of them at 34, but i don't think i could do 100. I know i couldn't do 100 straight. You guys would just laugh at me.

Uh. We are up seven percent. What is everyone beaching about? I don't know: there's like a second of red and, like the group, gets very, very dramatic uh, but folks, it's a-okay we're up seven percent there we have a huge technical breakout. People are excited going into an earnings announcement.

There's absolutely no reason to be like. Oh man like the bears, are winning right now, like it. We are doing so phenomenally well today like this is what a way to kick off a week like seriously. This is absolutely phenomenal and i see people saying like we're crashing.

This is manipulation that we're up seven percent like if, if being positive by seven percent, is like a bad manipulated day down. I think we just have a difference in how, like words, are defined if, if a seven percent gain is like hedge fund short manipulation to the downside, i'll take that literally every single day, if we just grow seven percent a day i mean i would lose my Freaking mind like that would be the coolest thing ever so sign me up for it. It's just. I think it's like a weird definition of what like manipulation is up.

7 must be a short ladder attack. It was a short ladder attack, not manipulation, leading to a 7 gain. Uh people are talking about lcid, beast mode right now and and loop ring loop ring, crushing it doesn't hurt to add ketchup. You purchase with hedgy funds, it'll shine bright like a diamond hand, the artsy cart.

I appreciate that man, man, oh man, what a day lucid, ripping loopering tapping two dollars flat, love it hopefully can break above this maybe get us an additional run, loopering up 33. I guess in the past 24 hours i think, is how it would be doing this lubrin, crushing it uh. If you want loop ring and the reason we're even talking about it is because it's the crypto, it's the blockchain associated with gamestop and it's nft marketplace um. It's it's on coinbase! That's where i got mine.

I bought mine last week around a dollar 36 1.37 uh. So i am pleasantly surprised. I'm up like 50 in a couple days. Uh.

If i own shares several months then day trade them a few times. Does that trigger a worse tax scenario or does time bridge um, but the time cliff is a year you need to own for a year, at least in the us. I don't know where you are and this i'm not a tax professional um, but you have short-term and long-term capital gains so for long-term the you need to hold it for a year without doing anything, um just so you're in it for a couple months and trading. It it sounds like that's still short-term uh, i feel you're wrong and that is manipulated.

Okay, the fact, when it's consolidating and all of a sudden, a massive dip, what every brain is thinking cell at the same time, no, absolutely not absolutely not. Every brain is thinking it i mean you have to think about what you're actually saying right here. So what it's saying is you just look at this volume? It's not every brain. I i guess i don't even quite know how to respond to this.

Just because, like you would look at the volume from this, i don't know what 20 minute period. The only point i'm trying to make is if you think that this is manipulation from 2 to 215. Whatever this is, you should also probably think that this is manipulation from 1040 to 11 30.. So, and if you do think that if you're like no, no, no, they manipulated it up and then they manipulated it down at least you're.

Being consistent in your thought and okay, we could debate if that makes sense or not, but if you think that i just don't see the difference here if you're like this is manipulation, this is the short ladder attack. Then like. What's the difference in this run-up, it's just to me it to me. It seems like you, like everything that supports your long position, but then, if it hurts you you just yell manipulation.

I like it it doesn't. You have to be consistent like to see consistent red either. You have issues with consistency like as in all selling and then all buying equally, but you can't pick and choose just because of like what is your position, it that doesn't add up to me. Seven percent a day keeps the doctor away yeah and if whatever everyone has their own opinions, but at the end of the day we're up seven percent.

This is like a gigantic game. This is awesome. This is super super good. It's a not only.

Is it a nice seven percent gain, but it's a technical breakout. We are right at that level. 44.50 closing above this. If we hit 4 p.m, we have about an hour to go we're on extra volume.

The average volume on amc over the past 10 days has been 38 million, and the volume today with an hour to go all the power hour is still 57 mil, like we're already above the 10 day average, and we still have 60 minutes of training technical breakout. Beautiful percentage gain the possibility of a nice fundamental development in aft hours today this this is crazy good. This is like phenomenally good uh. There's a in my humble opinion, a lot of reason to be excited right now, uh.

I would have agreed with you if jimmy didn't move, but we know that there's people who are just trading these the exact same so it makes sense that they move together. If we see that whatever is out there, there's money flowing into and out of amc and jimmy simultaneously, because they're wrapped up as the same thing like people, think of them the same they're like oh, if it's very rare that you see amc and jimmy, have like Very distinct days, um, i'm not saying that they're, like always going to be the exact same thing, but usually they have the same like kind of rough stumbling throughout the day they they stumble in a similar manner, but that also once again makes sense to me because People are buying and selling because they they think they should so it very quickly becomes a self-fulfilling prophecy. So i don't know why gme selling off is like confirming in your mind that amc is being manipulated. I think the manipulation is much more in the world of the extreme amount of market internalization.

I think the manipulation is more so proven and logically consistent with poor price discovery because of the extreme amount of off exchange trading. I think the manipulation comes from the point that it's tough to know where we would be at when so much price discovery is hampered by the lack of lit exchange trading. So, like i, wouldn't it's tough to say that an individual movement of like oh i'm, looking at this bar, i'm looking at this bar i'm looking at this day, this five minutes, this 30 minutes, it's very, very tough, to show like a particular time frame of manipulation. In terms of like that's not related to like a news event or people lying or something like that to me, the manipulation is much more of uh, like kind of like an esoteric thing of we don't know where it would be at because so much training is Done off exchange, which is not moving the nbbo it's just there, the trades are being based off of the nbbo.

So it's just like a very big lack of price discovery. It's a huge lack of price discovery um. So if we were going to have a discussion of where is the manipulation like like because people say that all the time so many people say that and i get it, but you hear that and all they say is manipulation, manipulation, manipulation. The price is being manipulated and then you ask them: oh, like where's the manipulation what's going on like.

Can you be very specific about this manipulation you're discussing and like they just kind of like shrug their shoulders so to me and like if you want to take this argument or not when you have specific to amc and jamie 60 being traded off exchange, that is Hampering price discovery um do i specifically know where the price discovery would have led us? Well, no, i don't know because how could you know an unknown thing that doesn't make sense, but to me we don't see a fair representation, because more than half of the stock being traded is not leading to a new, proper equilibrium. The price we're trading. It's not even half it's we're 40 of it is being executed on a lit exchange so that that the statistical chance of less than a majority still accurately showcasing where the price discovery should be at is infismally small. So we just don't even know where the price should be.

People sound, like liar, liar objection. Why? Because it's damaging my case not enough people were told no as a child, and it shows uh next challenge the amc, tat challenge or live stream waxing thoughts, clubfoot billy. I like, where your head's at uh, do you think people underestimate how many people in institutions they trade these stocks? Oh 100, 100 people are underestimating the general interest in these stocks beyond the apes, who are people are actively trading it whenever you have a stock that has good ranges and good volatility. You're gon na have people trading it because you need ranges to make money um.

So when stocks continually swing, that's just money making opportunity and there's gon na be a lot of people who don't give you like they don't care about the apps at all. They just are looking for. The swings up and down to capitalize um dark pools is the problem. Otc markets, no, no otc markets is the problem, but if you want to be specific about it, it's uh market internalizers.