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Dumb Money w/ Matt Ep. 142
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Give us this day our i'm the simplest bubba trying to sell some damn shrimp can't smell, like you, can't even count to 10 and i eat crayons every day with my friends, i think about kenny in his ivory tower shaking in these lily bones as the eggs Of a power must suck to lose to monkeys, stop breaking the law asshole this bamboo right here we got more smoothies than a jumbo another fan because we huddled through hard times fucking money. We are back folks, we are back, we are back. We are back for power hour now before we get going. Don't forget if you want to help me out.

All you have to do is hit that subscribe button to join up with the moon gang. Don't forget to drop that like right out of the gate just to tell the algorithm hey we, the apes are here for powwow on today, thursday november 11th, once again happy veterans day to all. What's going on tom nash in the house, folks apes, anything in between it's kind of a quiet thursday. I feel like the news whatever's going on in the media cycle, not too focused on finance.

Today, i i would argue, i guess ev is kind of the biggest story lucid having a good day up 9.3 percent rivian having a great day up 20 after a successful ipo. Yesterday, right now, rivien coming in, i believe in the realm of like 105 plus billion dollars already eclipsing, both ford and gm, which hey you might have some questions like well. Does that make sense you're not really delivering vehicles and to you i say, don't worry about it. Just bask in the chaos make some of them attendees.

Let's not get bogged down in the specifics. That's no fun! Right now i like ribbing, but i don't have any position, i'm waiting for things to cool off and being a bit facetious things are hot. The ipo is exciting. It's one of the most uh like sizeable ipos ever in us history uh.

It's definitely the biggest one of the year and potentially, i think it's the biggest one going all the way back to 2012, with facebook, crazy, crazy, stuff gamestop having a good day trading just below 40.. I myself actually got some more uh amc today: uh gme hanging out at 205. uh amc up 3.5 percent jimmy up 3 tesla down point four percent. I have puts on tesla right now and it's it's still not working tesla's, tesla's red, it's sold off and i'm i still manage to somehow botch the trade um.

My account would be far more sizable if i just stopped trading tesla, but i can't it's an addiction and it's real uh btc having a solid day 6500, not too long ago, hitting 6 900 ethereum just below 4 800 solana. 240. Manic. 1.76.

I wish that were back above two dollars. She 55. Looking for that breakout at 60. loop ring uh coming back, bouncing off of three at 320 right now, cardano still a little upsetting, but i'm so bullish on it 210 doge hanging in that 26.

overall market. Oh slightly green, the spies accused iwm, it's it's a bunch of in between day in between it's just we're waiting we're waiting like if you look at look at s p, 500 inside day, the cues in inside day, the russell 2000 in inside day. This is just a very indecisive day. We had two days ago.
Everything went red because of inflation. Yesterday, things bouncing back a little bit and now people like we're not really sure what's going on so we're just we're just kind of waiting, we're just waiting. Wait for the next trend to emerge, don't force a trade rivie inexpensive as freak, but the truck is actually amazing from what i've heard. I have to admit.

If you go to rivien's website it uh i like it, i mean so the big brain mit guy who created this company back in 2009. He wanted to originally make ev vehicles uh sports cars, but he feared he could not compete with the likes of elon. So he pivoted a little bit and now he has the r1t the r1s. So it's more in the for people.

Outdoorsy people, adventure, people uh, so we have the truck. We have the suv and they also have a delivery van and that kind of makes sense. I mean they already have an order with amazon to deliver a hundred thousand by the year 2030. um.

So overall, i would say the mark it's green today, but it's kind of a boring day like i it the green is good. I guess we can't be that bored if we're making some money. Things are up, but it's just there's not many drivers, there's not like a hot topic thing to really bite into at this moment in time. So i get it.

Things are quiet, all all quiet on the western front right now, uh oddly oddly applicable to what today is prague and root thoughts. Please matt always appreciate you taught my wife and i how to trade. We are full time and watch you daily. Thank you.

So much to holding 10k amc and 300 gme. Congratulations that that's amazing all right! Let's check out uh so prong prague did not do the best with its earnings yesterday, uh to me, could it squeeze yeah? There is a high short interest, but i don't look at this as a squeeze play, i think prague's undervalued. I think it could disrupt the humera industry, which is one of the world's largest drugs. Instead of being injected this, they have the patent for in an oral method.

I'm just waiting on that. I think this is gon na be more of the medium to long term. Patients play if it squeezes in the meantime because of the short interest. That's awesome, but i've invested in prague and i'm just sitting on prague.

Uh rivien makes no cars but somehow's bigger company than ford and gm uh. That's the kind of comment of people who forever have been missing out on tesla, even when tesla came in, i remember when people were first paying attention to tesla. Those were the exact comments was like. Oh, what are you doing? It's evie blah blah, like the people, came up with every single excuse in the book and they've just been wrong.

Like i mean tesla's now, like a top five top seven company, depending on the day, um rivian, it's a juggernaut, uh. I think when people are looking at like oh, not delivery, that's kind of a an interesting argument of two different types of investors. I think a lot of people, especially of like, if we think of ford and gm, to be old school well a lot of the times when people were fundamentally investing. It was always a lagging methodology.
How did they do in the previous quarter, but then, like, like the kool-aid man, tesla came in and kicked in the door and the narrative of the celebrity ceo elon musk himself? He he got people so passionate about the direction of where it's going. So it's kind of interesting: we have a lot of people who have a classic way to invest and look at where it's going. Look at the ebitda, the earnings per share. How did it do over the last like x quarters, but then, like i said, tesla comes in and like nope, we're going to pull this off and people are invested in just the thought of where they could go in the future.

So, what's that, like the wayne gretzky michael scott quote, or no, not the michael scott one, the wayne gretzky is all about. Like you got ta go where the puck is going, but i'm thinking, michael scott of you, you miss 100 of the shots. You don't take classic office quote, but anyway rivian it could be one of those scenarios. If rivian i mean right now, oil is sky.

High, it's been over 80 for what pretty much all like. It's just ripping it's high, it's high! It's high opec and its allies are not doing anything to help the supply. The u.s government is doing whatever the us government does. So you have oil and from there you're going to be talking about gasoline and diesel, so technology is improving.

I i just, i think, ev's gon na win out. I don't see how it doesn't uh with political issues that relate to the petro dollar technology, improving, so all that those things together means that the price parity between ev vehicles and gasoline slash diesel vehicles. Let's call them common vehicles, the parity gets closer and closer and closer. So now, once you get to the point of like hey, we have the infrastructure built out in major countries where you can charge wherever you need to with relative ease.

The distance is solid. I mean lucid: some of lucid's vehicles are going over 500 miles and then all of a sudden, if the technology gets to the point - and it's mass-produced, that it's as it's a comparable price, why would people? Why would there not be a massive demand inflection if you're saying hey for the exact same cost, potentially even cheaper? And now we know that there's like at least in the u.s like uh tax rebates and government kickbacks, if you like, are environmentally friendly and all of a sudden, it's the same cost as a gasoline vehicle, and it's like a sporty looking thing, such as a tesla Or i mean i think, rivien's cars look good uh lucid's cards definitely look good. So if it looks well the infrastructure is there like. I just don't see how it loses.
I do not see how the main ev players lose between let's say now and the end of the decade. Right now, or at least i should say for the year 2020 and half of 2021 in terms of new vehicle sales, two percent have been evs for globally. Um, the expectations are within a couple years: we hit 15 and some people depending on when we hit that demand inflection in terms of technology and the price parity, it could shoot right up to 30 percent. We are living in a world where ev's, yes, uh.

We all know about it and it seems like there's quite a few, but it's still relatively low and i think it's just gon na eat up more and more and more market share. So leaders such as tesla rivian, lucid neo, uh, some of the upstream and even downstream, plays i just don't see how it loses. That's why one of my personal calls from now until the end of the decade, eevee is one of the plays that i'm most confident in uh. Can't you tweet elon to support apes, gme and amc.

I mean i i could but he's not gon na respond fsr. Please fisker that's another one. Another f um another us ev play this one's particularly having a good day uh. I i obviously i have this charted up.

I'm excited about this one got rejected at 22. This is where it's previously been rejected back in march. I think it continues like i said this is i mean fisker? I i'm not too knowledgeable about like the intimate details of its fundamentals. I've been reading about rivian, quite a bit more recently before that lucid uh and i'm always staying up to date on tesla fisker.

A little bit of a smaller player, i mean fisker's coming in right now i mean just to give you a little bit of an idea. Fisker is a a 6.2 billion dollar entity market cap company rivian's over a hundred tesla's over a trillion um. It's just the size of certain things and i'm not saying every ev company is going to win and be successful. Of course, there's going to be some of these companies that fail and if we're just playing pure odds, it's harder for bigger companies to fail.

I'm not saying that they can't it's just generically. I i think sometimes the the bigger, more well-established companies are a better odds. Bet your risk is less, but also that could also mean that your reward is less um. But even if you took that methodology with tesla, i mean tesla's gains have been disgusting disgusting, the amount of people in november, like literally a year ago when they announced um previously before that they had this uh stock split and then, after that, they said that they Were going to get put into the s p? 500? That was a weird amount of drama.

I know. Maybe some of you do know about this, but maybe some of you don't uh. There are certain set of prerequisites for a company to get into the s. P.

500 tesla had had all those prerequisites checked off for multiple quarters like just to give you an example. You have to be profitable, i think, for four quarters in a row, something like that. There's various other credentials, but anyway, what you need to know is tesla had all those credentials and it just completely got snubbed like time and time again, every single quarter when they're looking at what to put into the s p 500. A lot of people don't know this, but it's actually a dynamic basket.
It changes um and for a while tesla wasn't in there and it had the credentials and people like what's going on and their argument's like we don't know, this is too volatile of the stock. We don't know if we should put in the s p 500 and they awkwardly like snubbed them and obviously like elon wasn't happy about it, but they eventually put it in and that's right. That was in november mid-november, maybe early november, and it basically ran from 400 to 900 over the next two two and a half months, and that's when it first hit 900, then it came all the way down to roughly 500. Once again, we're cruising at a new all-time high recently we're above 1200..

I i would not be surprised if tesla does another split um, especially if we get going if you, if tesla's, consistently hanging out above a thousand fifteen hundred, do not be surprised if elon and the leadership team announces another stock split, and i think the past couple Stock splits of the likes of apple nvidia tesla. If we're using that as a blueprint, i think remember not a financial advisor, i'm not clairvoyant, i'm not a lawyer, i'm not a cpa, i'm a guy who yells at a camera in my basement. That is a buying opportunity. Look at them apple, nvidia tesla.

I don't know why amazon hasn't done it, but all these companies from the announcement to the actual split beautiful gains, beautiful gains. So i am i'm looking for that. I'm looking for the announcement of tesla, i think it's going to take a bit. I think they want to see that the the stock - it's not just up here momentarily.

I think that they want the stock to sit at a what a one: a 1.2 trillion dollar evaluation. Yeah it's over a trillion right now. I think that the leadership team, if i had to guess, is gon na be like okay. Let's make sure that we're actually sitting here, let's make sure that, like inflation, isn't going to mess up the entire market before we pull like the rip cord on this thing, but uh.

If you hear that a stock split, a four for one stock, split a five for one stock, split from elon on tesla - that that's a money making opportunity at least that's how i view it uh matt, have you done dd on nakd? I have and i don't like it and i'm not surprised it's been selling off what else do we have matt? I have a crush on you uw. I don't know what uwu means, but i appreciate that. That's very kind of you, rocking, lock, happy veterans day. Everyone shout out to my wife, chief warrant officer molly.
She is listening today, matt she is riding the amc train with us shout out james molly. I believe you are both active members of the military. Maybe you are veterans. Maybe you one of you aren't regardless.

I very much - and i hope i can speak for the moon gang here and saying thank you for your service and shout out to any veterans or current active military members seriously uh blaze becoming an astronaut. Can you give any explanation as to why the for example, when amc hits 40 and above right now it gets knocked down? Then larger cell walls appear at 40 plus so large, a cell wall is just a sitting, sell order and that just comes up to whoever wants to sell um. Why does it commonly get rejected at levels like that? It's just psychological. There's day traders involved, there's people just saying: hey.

I bought at 38 nice two dollar ride. It's and i've said this before and uh. Of course, it's always good to reiterate, because you never know when someone new is listening. Um, it's a self-fulfilling prophecy.

You have so many people who are just obviously human saying: hey 40 is cool nice like when they put in their cello over like beeboo bop they put in 40., like it's not always robots. Sometimes it's just a human. They wrote up amc this morning. They might not be apes, they might not even know what the apes are they got in.

They saw this explosion, they wrote it up. They're, like okay, cool 40 bucks, 40 bucks. They might have seen these two rejections already and they're, like ah cool. It's been a good thursday, let's lock in our gains.

You're gon na see this at a lot of those key psychological levels, especially the more prominent values such as fifty dollars. Ten dollars a hundred dollars, one dollar, some there's certain increments - that are generally you see it more at the whole dollar values, but there's certain ones that really stand out like, for example, gamestop, 200 well. 250 is also incredibly important. Uh.

You have a lot of those just key psychological levels, so people they think there's going to be a reaction there, so they set an order and because enough people think that there actually is a reaction there and, like i say it becomes a very quickly - becomes a Self-Fulfilling prophecy, um knucklehead, i appreciate that. Do i like neo, i do like neo as a company, but neo. You have to be honest with yourself and admit that there are political concerns between the us and china. Neo is a china based company.

You have you when you're talking about something such as tesla when you're talking about something such as fisker rivian, lucid, um, yeah. Of course, there could be political tension such like, as if elon were to get into a fight with like the government, or - let's say i don't know, let's say he's making fun of a u.s senator who happens to be the chairman of the finance committee hypothetically. If someone were to do that yeah there are political concerns, but there doesn't have to be and inherently being a chinese company, that's trading actively on a u.s market. In the pre-previous presidency there were even talks of like.
Should we just de-list all chinese-based companies, because they don't, even though they're on our market, even if they're trading through an adr, an american depository receipt, they don't have the same auditing uh and that's why we get situations such as luck and coffee uh, because, even though It's on the market, it's not to the same regulatory standard and people within the government have kind of pointed out like wait. Why are they letting them? Why are we letting them trade on our market if we're not going to audit them and keep them to the same regulation standards? And then beyond that? So you have the u.s, china, political pensions, let's call it, but on top of it um i mean with neo. I guess that is really my biggest concern. I like neo as a company.

I think it's. It has unique access to a very large market, the chinese market and beyond that. Not only is it a large market, but it has an abnormal appetite for ev. So that's good, but i don't know the some of the intercompetition with tesla um.

I think neo thinks it's technologically superior, but i kind of question: how is that possible? So that's like kind of my secondary one, but my main one is just political tensions. Uh neo had a lot of youtube media coverage and big investors, so it's hold for a long time. I mean i like it like. I want it to be successful, but i'm just saying like you have to consider just that.

Do i think, all of a sudden tomorrow, they're going to say chinese stocks, chinese companies can no longer trade on the u.s stock market? No, i don't think that's going to happen, but it's just something to consider. For the longest time, tesla was my favorite and neil is my number two i would say. Neo is now my number three and lucid's my number two in terms of ev, auto makers uh. So it's still there still in my top three, but who knows maybe rivien will somehow get onto this list soon, but i want to see how it plays out.

Uh neo has a battery swap tesla does not that's true, like i i'm i'm well aware. I've made many videos on neo, i'm more bullish on neo than i'm bearish, but, like it's, it's unhealthy to put your money into something and not be able to list out the pros and the cons. There's no such thing in the market. That's exclusively pros! Um.

If you can't list a downside to a company or an investment or an idea that you're having you just haven't done enough research on it overall, i'm not! I like neo. I think it's bullish. I think it's a money-making opportunity, i'm trying to give you the both sides of the same coin like if, if you exclusively think something's positive, positive positive, only pros you just haven't done enough research, then uh did you see where nancy pelosi's, husband, firm or associated from Not too familiar with the specific spot, amc also killed the thumbnail today, yeah we talked about that a little bit this morning. Um that's good.
I mean it's obviously better to buy amc than to sell amc um, but i think people especially on social media, were overstating. They were almost making, it seem, like pelosi herself went out of the way to buy hundreds of thousands of shares of amc. It's just not exactly that uh did you keep eglx esports when i mentioned a while ago, earnings came out and it's finally moving today. Can i get your thoughts on it? Eglx eg, lx, hey, must have had a good earnings.

Let's see i mean above four is nice, like obviously it's been in this downtrend for quite a while, so maybe this is what it needs. I would want to see a little bit more momentum beyond today, because, like this is a pretty noteworthy bear trend like you want to make sure that the trend is officially changing, but in general the way we're speaking about evie, i am definitely bullish on esports um. I just every single time i read about it. It's growing by billions and billions of dollars like esports, is going to be gigantic.

Just given enough time. It's already big. I think it's going to be colossal. Uh u-p-s-t upst whoa, the first earnings it must have missed.

I mean the past how many three earnings it crush a crush of question this time. The cart, i guess just got a little bit in front of the horse - it'd - be interesting, uh. Obviously, you now have this gap up to 307 308.. I'm wondering about the gap down to 140., it's like kind of awkwardly in no man's land uh.

You have to watch this gap but watch the top gap. The way i would think of this, i have no upst position is see which way the trend actually gets going. Is it still going to go down or is it going to bend back around like? I think, given enough time both of these gaps to the upside and the downside will get filled. The way i would play it is waiting to see like what way the trend actually comes out after this earnings did i miss any updates on amc uh? No, i mean amc's having a green day.

It's up. 2.5 percent gme is up 2.4 they're. Both up um they're kind of bouncing back amc got rejected. At 40, gme got rejected at 208 kind of a quiet day um.

What else do we have any weight on? The doj kg story uh. I have no idea what that story is. I watched the doj statement and that was more generically that they're going to put a bigger effort into taking down white-collar crime, the doj in that one at least what i watched the mona monaco. Whatever that i don't know it came out like two weeks ago, it was not specific to ken griffin.

So i don't. I don't know what that story is. Oh, what else do we have? Oh brother, hey, matt, i'm waiting for elon's narrow link to go public. Any thoughts um, i guess about like what part of it.
I i'm more excited about elon starlink than i am neurolink uh. I i'm more excited about his step into the world of providing the the entire globe internet rather than his neural link. They said they're investigating all corporate corruption. Yeah.

Do you know how long that laundry list is all corporate corruption like to say that's specifically referring to kg kenny um like if you're you're going to be there for quite a while, if you're investigating all corporate corruption, and also for them from a legal standpoint to Go against ken griffin, they're gon na have to provide evidence of corruption, and i think that's something right now. One of my biggest arguments is what he's doing, i think, is immoral and unethical, but right now, if we're just talking about prompting an extreme amount of off-exchange training. Folks, that's legal! That's not corruption! He is currently playing within the. I guess.

The guard rails of the current system, the argument is, we need to fix the system if we're just referring to, like, i say, the extreme amounts of off exchange trading matt, which esports names you like long term, made some money on roadblocks this week, just curious. If there are others you like so uh, i, like roadblocks, um, that's actually, software activision has been having some social problems that like it, you have to consider um. If you want to talk about another software, one uh take two interactive ttwo. This is another one that gets discussed, often uh.

This owns like the 2k franchise like 2k, like mba, that type of stuff, and they own many other things, but i'm just trying to give you an example. If you want to take a a hardware approach of the hardware that gamers use, you could check out logitech l-o-g-i um, this one's actually almost on a nice discount. If you could pick up logitech up near 70, that's a sweet one uh! So that's more of a hardware play there's also uh etfs that track the esports industry such as espo. This is the vanic video game and esports etf um.

So here's one e-s-p-o. So if you don't want to pick the individual company - and you want to pick play generically the the realm of esports espo uh - that's a solid one. So right there ttw, logi, rblx espo. Those are all ones that you can start to research and see if they tickle your fancy or not.

In my video, you are so unfathomably thick wide, sparse stephen hawking once try to write a book and how you can't be measured. Thick cores, beefy cores, hey pal, an idea for a video for the community, maybe throw how to interpret financials. I think people would benefit from things other than a gut feeling. That's a great idea.

Jeremy. I definitely need to make that is st sdc dead. Now smile direct club, didn't they just have earnings whoa the gap down the gap down uh new all-time low. Oh, is it a new technique? No, no! No! It's just very close to an all-time low.
You have to see if it bounces off of four dollars. Whenever i see something like this right away, i'm like okay, there's support 20 cents away. Gap fell opportunity, a dollar above where it is now, so you have roughly a 20 25 gain when you're risking far less solid risk reward, but also, obviously it got it missed. On revenue and it missed on earnings like eps - that's not a good sign, so maybe if it gets some momentum going gap bill opportunity, but um it's it's literally at the support of its all-time low.

What do i think about p-h-u-m? I think the only reason that one really got going was because of its association with d-wack. It was a bunch of rumor. It was like it was a sympathy play with dwack. The assumption was that it would be building out the tech for uh that truth.

Media thing it was never confirmed, it was complete rumor in my video, you think you were so thick. You got to turn on the fog lights. Just to see you, oh man, i see a lot of people talking about adam aaron, um folks. He has now, for the past six months been saying he's gon na sell stock by the end of the year.

I don't get why people are so surprised that he followed through on the exact thing he told us he would be doing. This is in no way a surprise. It was a 10b 5-1 thing. It wasn't like he was sitting there he's like.

Oh amc, maxed out time for me to sell um the date and the amount being sold was planned far in advance. That's how 10b51s work you can see the sec filing. You can see that it was from a 10b51. It's not a surprise like really at all.

He still owns two million shares, like he's still one of the largest individual owners of amc. I just i'm a little bit confused on if people weren't paying attention to what's been going on, if they're new or if it's just like shills that are in here trying to get other people to freak out. But if you're in that middle category of your new and you're, just like hang on i'm a little bit confused, why is the ceo selling, i'm speaking to you directly in the fact that he told us he will be doing this for the past six months? He's like i got to i got to i'm 67. I have a lot of stock.

I have a family, i need to do proper estate planning. He still owns it's not like. He sold all of it. He still is gon na own in excess of eight years worth of his salary in stock, like he made that a rule for himself he's holding two million shares um, i'm not i'm not worried um.

My trades are in no way ever dependent on someone else's trades. Your trades should never be in like dependent on someone else's trades. You don't know when they got in you, don't know when they're getting out, you don't know their risk tolerance, you don't know their reasoning, you don't know what they know. You have to trade for yourself.

I don't care if that's a nimrod account on reddit all the way up to the ceo of a company you have to trade for yourself, you have to. Is it not coors light, but coors thick yeah we're gon na have to switch it over? What do i think about beyond me? I'm thinking about buying it right now for a short term play didn't beyond me, get uh demolished by their earnings beyond me beyond um. I don't know why. I have this random trend line.
I'm behind me must have been checking it out at one point, so it is that support the sell-off level um. You said you want to go long on it for short-term play, i mean, but how do you know this? Is it like? I would want to see some sort of trend it. The gap down, makes sense, it missed on earnings, so people are like it's a less valuable company, but what makes you think it's going to gap feel like right away like what's your definition of short term? Is that an intraday, or is it a couple days a couple weeks? I guess i would need a little bit more detail on your time frame like your specific trading plan, but also your reasoning of like why now is the time to buy in my video you're. So thick and viscous, uh, pee and ham soup gets jealous and goes damn boy damn that boy thick.

I think i this you guys have seen me every single day this entire year. Why is it a surprise now of how i look you've seen me, you you've seen my face you've seen my chest. You've seen my arms like none of this is a surprise like. Why is it coming out that i'm thick now, like you guys, are acting as if i did, some sort of like wrench capital reveal where it's always been a voice, and like now you can see my body you've seen me every single day for a year.

Oh man, how much do i weigh 175 sure something we haven't? I even showed you pictures of when i used to be like 195 and actually cared about my life and went to the gym more. You don't look that thick on youtube. It's just it's a a camera trick. Instead of cameras, adding 10 pounds.

My camera somehow like removes 10 pounds, matt thick crypto in my video you're. So thick farmers kick you because they mistake you for tractor tires: 170, isn't skinny! You appear more thin on here. I mean i weigh 170. Actually it was my last.

Maybe i was like 177. I don't know. Why has my body proportions now become a matt is eating. Well, if you consider a sizable amount of sangria and cheese, it's a healthy diet.

Yeah! I have been eating. Well, how much do i deadlift? I haven't deadlifted in many many moons, many many moons thick. You got a thick filter. Oh man, mason.

I'm 511. 140.. I am 510 175 180.. Exactly someone pointed this out.

170 is incredibly skinny. If you lift, i mean at my height at my height there's people who are like 220 like stacked and shredded. I am not stacked. I am not shredded, i'm just not.

I don't know. I have like a a sports lifting background, not like a running background. I feel, like runners, have like a completely different body type, because it's disadvantageous to like carry around that extra weight. Do you put fruit in your manly sangria yeah? Why would i not it's like? That's, oh, it's called a well-rounded meal, fruit's healthy uh in my video you're, so thick the straw you used to consume.
You strangles a thousand turtles. I hope you're, proud of yourself thicky uh uh. I, like my youtube streamers, like i love my oatmeal thick and steamy. This is getting into a weird weird world of objectification.

I, like my youtube streamers, like i, like my oatmeal, thick and steamy the amount of dms. I got uh after the cnbc article that said thicker than a snicker it was. It was a surprising amount, uh. Your thoughts on d-w-d-a-y, i'm in it since last year, but on the daily it looks like the bell shape.

You talked about thicker than a snicker, i mean, but this is still, it hasn't really made a new like it's still somehow going. It hasn't like broken down through the support of like 287 285. It's still slowly but surely going up uh it's slowing down, but the trend is still upwards on it. Um maybe you'll get some more movement out of the earnings on november 18th.

Uh. Oh, youtube youtube. What you doing youtube youtube youtube youtube, that's so thick. We need to describe them with viscosity buffering, buffering uh.

I, like my youtube shimmers like i, like my wine, full bodied barrel, shaped and downstairs at my mom's place, um. What else is going on? It is a quiet power hour, i'm just here. What do we have? We have about 20 minutes. You know what we could do.

Your nose is thick. Well, that's not nice. I just have a classic european nose. Um with is this.

I think i'm sure i think i'm not frozen matthew multicourse. What kind of sickness do thick pirates get? I don't know which one cootery, what kind of sickness do thick pirates get? This is gon na, be something funny. Are you down with thickness you ain't thick in a minute? I never thought of myself as thick until the entire internet told me. I was thick and uh.

It's totally oh wait. You can see. Do i have to click? Oh curvy. What did the thick duck? Why did the thick duck go to the hospital? He had a heart, a quack, oh man, you're so thick your stream has to buffer all right.

So i mean i guess we have about 20 minutes to go and things are quiet, so i think we could use this for a bit of like an ama type of a thing. So let your let your questions leave your questions ripped folks. Let's do this thing. Let's give you 20 minutes 20 minutes and let's get these questions flowing and you want to waste it on that bgfv or tex.

That's what we want to do it on hey. If that's the question you want answered, that's the question you're going to get answered. Let me go check it out. Bgfv, big five sporting goods corporation has a short interest of 33 percent, not that good at whistling uh.
What did the feds do now? There must be a reason: amc is falling, amc is falling because people are selling it there. There's more for every sale there is a buy for every buy. There is a sale there's just more selling selling pressure, the buyers and sellers are agreeing on a lower and lower price, but also your sentiment's a bit weird, because it's up two percent, like the stock, is up on the day. So i don't know if i like.

Inherently agree with where you're coming from hey matt is perfect. Stop objectifying his thickness. That's my job from the privacy of my own home. In my video you're.

So thick you wrestle floyd mayweather at wrestlemania 24.. Are you from jerusalem, because she who is israeli thick israeli thick? Oh man, hey matt, could you check out exo? I haven't hex really thick. Oh, this is so silly. This is hilarious, a dollar ninety.

This would be a good time to do like tick-tock reviews, where you guys could get my react. Can you view tick tock like? Is it a wet? Is it only a phone app or is it also like a web app, and i could just log on and you guys could send me tick tocks like we have to do some sort of reaction type stuff when days are slow, like this where's rico in dakota Rip, i don't know where rico is. I miss him, but dakota was sacrificed. What did you, why did you say that they are buying and selling to each other to drop the price you make it sound like retail selling? What um, where are you getting this concept that they're buying and selling to drop the price that doesn't make logical sense? If, if you buy and then sell to someone for a lower price, and then they buy and sell to you for lower price you're, both losing money that entire time, the entire time that doesn't make sense this this concept of a of a short ladder attack, has It happened, probably is it in an extreme rarity that is overstated by people on reddit and twitter 100.

No one from like a background in wall street or knows about trading is ever like. Oh yeah, a short ladder attack it's so it's so incredibly difficult to pull off so like, and it's almost a little bit, intellectually lazy for everyone to see a red bar and be like short ladder attack short ladder attack. It's a lot we're we're being ladder, attacks, sound the ladder attack alarm. It's just come on, let's be a little bit more reasonable about what is happening, they're, buying and selling to someone else like what about all the other participants like how? How do you intentionally seek someone out? I literally know of no methodology to do that.

Uh. Could you pull that off on a dark pool like find a particular entity that you want to trade with yeah? That's part of what like private dark pools are for so it could be get pulled off there, but remember they still trade within the nbbo. You don't decide the price like that. It's still we're still trading within the national best bid and offer uh where's the trading volume.
Today amc has a volume of 28 million very low volume. Gme has a not even a million wow amc and jimmy, especially jimmy, have an incredibly low volume. Are you keeping up with portnoy versus business insider? I am i'm afraid to talk about it, because i think, no matter what i say, half the people will not like me. I view it, as i view it this way, there's a money-making opportunity with penn national gaming p-e-n-n, someone is lying, either point or is lying or business insider is lying.

Someone is lying depending on who is lying. Tells me if i should go long or short on pen. If business insider is lying, i should go long on pen. If portnoy is lying, i should go short on pen.

It's tough to know who is or isn't lying because i wasn't personally there and i'm not here, to make any commentary on who is like morally or socially right or wrong. Just because, like i said whatever i say, half the people, it's oddly becoming political, which i just don't understand and i'm not interested in pissing half of you off i'm more interested in saying. Okay, hang on like: where can we make some money? Have you exited your prague position? No, i mean my calls are gon na expire worthless tomorrow, but i still have my stock and i'm just gon na sit on my prog stock uh. What else do we have in my video? Everyone should get up come on, get down with matt's, thickness uh.

You should feel how thick my hands are. Take my cheesy insides matt's happy in box of cheez-its. Oh man, it's it's! What else do we have don't view it matt, don't view what uh? When is the ipo for the thick stairmaster, i wonder if that's what i should be doing, should i just get into the business of creating my own stairmaster yin yang, made it to your stream today, shout out yang. Can you start a matt fran's channel where you clip your rants and post them uh? Quite a few of them end up on chords light, not all of them because some of them i view it to be like in a weird way like a special thing of like.

Oh you guys watched it live and, of course it's up there. But i don't want to go out of my way to like cut every single rant, because if i do that well, like you guys, deserve a little thing special for being here like in real time uh. We don't want to make it too too easy for people who get all my rants and also, let's be honest, some of my rants. If i posted those individually, it would piss off a lot of people um.

I i've noticed i've noticed that i've like somehow become the channel. That's giving people like a little healthy dose of reality and people act like children when they get that they're like this is not my confirmation bias. What do you mean dark pools? Don't trade 50. What do you mean? Not every red bar is being short ladder attacked.

What do you mean they're, not hiding all the shares in brazil? What do you mean that they're not screwing us over with convertible bonds? What do you mean that odd lot theory isn't the end-all be-all for ruining this stock? When i, when i go on rants about the the silliness of some of this, it makes a lot of people mad. So, if you're here in real time you get it and i'm not gon na stop it, but i also like i don't know i like ruffling feathers, but only to like a certain extent, thick rants uh. Someone just heard you sold from from what, like you heard it from a reddit post. I read things about reddit that crack me up.
Can i find this one? This one is so freaking funny. I i've really stopped consuming reddit, because it's just so the upside is no longer worth the downside. Like generally, you have to go through it and comb out um all of the the bad stuff, but now it's just like there's so much bad stuff. This is so this is so funny.

This is the type of stuff where people are like. Oh, this is my dd on reddit uh, so this was reposted on amc stock. Umrx posted this on gme sub, guys adam aaron and matt kors are from philadelphia, which is where susquehanna is based. Sig, it's a big fun, call everything off and sell your amc.

The cultists have spoken if you are associated with the same city as the bad guy. You are the bad guy all to suss. I'm out. Imagine that imagine if we just associated like anyone like if you're from their city, bad bad bad.

Imagine that, like anyone from any major city you're like hey uh, i heard someone bats from there like this. Is this was posted? This is insane man. Sometimes reddit is just so wildly stupid. Not all the time seriously like this is real.

Call everything off and sell your amc. The cultists have spoken if you are associated if you are associated with the same city as the bad guy. You are the bad guy, oh man. This is too funny like i read this stuff and it's just so dumb, it's so so dumb.

If, if i'll read it, i'm like wow wow and i used to love reddit, i really did. I would always go on wall street bets. I read that for years and years, especially last summer, in 2020 i consumed probably everything written on wall street bets and the the i'll still read wall street bets now, but super stonk and amc stock like those subreddits. If, if you don't think that they're infiltrated by complete asshat shills, i don't know what to tell you and to the to the redditors that are like right now, listening and you're like fuming and you're like so pissed off and you're, like he made fun of reddit.

I'm gon na write another reddit. If you can't appreciate like like how comedic that is right now that you're, like playing into that you're like he made fun of me, i need to write a reddit post like it's so tough. I die reading the things about myself. It's so funny, it's so so funny, oh man when i'm just like i sit there and i i'm like i read this and it's so funny because, like obviously i know my own life like i know what i'm doing.
I know what i'm not doing and what was one of the recent ones, someone someone accused trey and myself of planning the fox interview with charles payne right around the time of adam aaron selling, because they thought that we knew that adam aaron was going to sell And it was like some weird hit piece that, like we're trying to cover it up because we know amc and jamie's tanking - and i was just thinking about that - i was like talk about the freaking mental gymnastics that were like required to get to that point. Imagine this imagine the world in which a giant news organization is just listening to two youtubers like imagine that, like seriously like trey and i getting on the phone and we're like hi, is this fox and they're like yes, we are fox. Is this trey and matt and we're like we are trey and matt from youtube? Please give us an entire special, because we know something's going to happen. Think about the ludicrous nature of that.

In reality, this thing was planned back in september. They're, like hey, can you do october, 9th trae and i are like yeah sure that sounds cool and they're like you know what we can't do october 9th? Can you do november 9th and we're like hey? We could do that too. This was planned all the way back in september, and people are like the assumption is that, like adam aaron told us non-public information to youtubers like the rabbit hole that some of these conspiracists go in the amc community, it's it's astounding, it is purely astounding uh. I love it.

I love it. I love it. I love it. It's so ridiculous.

These tinfoil hats i need to. I need to make an entirely new line of headwear of proper, fitting tinfoil hats, because obviously whatever's going on in this world there's not enough supply of. I guess adult-sized tin, foil hats, there's too many children ones out there and people are like literally losing like the flow like the oxygen flow to their brain with how tight their tin, foil hat, is on welcome to chili baby good old philadelphia. Oh dear i'm from the same town as portnoy, i'm just kidding.

I like that guy uh, michael jordan, is kenny g, confirmed from chicago trey matt from youtube. We want trey matt from south park. Those guys are awesome. That's the only reason they talked to us.

They thought it was trey and matt from south park. They're like who are these youtube guys like they got pissed off at us? Um, hey matt, stop sending appointments to spread fud a national tv. You got ta laugh, you got ta laugh. I missed one hang on.

I need it uh in your vid you're, so thick aters used to use a fisheye lens to get all on screen. Oh man welcome to shilly, there's all every adam, aaron and susquehanna, like imagine that, like everyone from chicago and new york, you're just like right away associated with um like any hedge fund entity, you know who else is from manhattan. You just insert anyone. You know how many dark pools are in chicago and new york.
I'll give you one i used to live in manhattan. Folks i used to live in brooklyn in 2020. I lived in brooklyn. Do you know what else is in new york dark pools? I mean what else theories confirmed.

Conspiracy, confirmed matt coors for an entire year lived in new york city. He lived in the five boroughs, you know what else is in those five boroughs dark pools, it was dark, pool, galore and mat corps lived there. That's the only assumption that we could take out of it. I i i'm here, i'm here betting, that macor's made those dark pools and you know what else they have in manhattan that i didn't want to bring up, but now that we're going down the rabbit hole, they have a lot of ladders and some of the ladders.

I've seen in manhattan, just just for me, are pretty short, so i mean putting putting one two three together there, mac whores from manhattan, hedge funds, dark pools short ladders. What what else do you need confirmed? I i just i just attached everything with the red yarn right there draw it all together, clip it send it out. Let's put that on reddit, so dumb, oh man. Sometimes we have too much fun here, lots of subways in new york city uh.

What else do we have? Can you check the sdc short intro more than happy to, let's see, what's going on with smile, direct club, sdc estimated short interest is what is it? It's loading loading loading loading, uh 37 percent mark in the thick pool. You were born in the dark pools kenny just adopted them. Oh man, yeah. I have in the movie dark pool i've seen both of them, both of them twice confirmed.

Someone called coffee. Silver matches. Confessed kenny lives in a house, that's built with bricks, bricks, rhymes with thick boom. You're busted.

I love it. I love it. I love it. I love it.

Ryan cohen has the same last name as steve cohen, jimmy's, a setup, that's a good one! That's what we should do, i think, once a day we should come up with our own conspiracy theories and see how far it goes on reddit. That's a good one. The ryan, cohen, steve cohen connection questionable highly questionable highly highly highly all right folks. We have about 20 seconds left just so everyone knows.

So if you are battling with pattern day trading and you need to get a trade in uh to not like get messed around with that tomorrow. Just so you know you better get in and you only have a couple seconds: uh supposedly rigged marketing, pff wasn't conspiratorial enough. There's got to be something behind this. No that's the behind it.

That's what i would say every pool you enter becomes a thick pool. Ah, these are fun. I need to do more of those reddit reads about myself: ding ding ding, the casino is closed. Folks, the market is wrapped up for today, thursday 11th aka veterans day, if you're a veteran or an active military person.
Thank you. We all appreciate your service from the bottom of my heart seriously. The market kind of boring today not going to lie not too much going on evie had a good day. Lucy was up.

10 rivian was up 22 tesla break even the market's all slightly green, but it was a chopped city day. It was an inside day. There was not many trends to be had it. Just was not a trending day, um, sometimes you're going to get that in the market.

We naturally have these cycles of consolidation, expansion, consolidation, expansion right now we're just in one of those boring consolidation periods, we're waiting to see what direction the next trend is in. Fortunately, amc was in the green gained. Three percent jimmy was also in the green gain, 2.6 percent. So if you happen to be an amc, jimmy ape that's good for you, any green day is obviously a good day now in terms of the short interest, even though the market was open today it was also a non-settlement day, so we didn't get any of the Updated information we're going to have to wait for tomorrow to see like what's actually going on there um in terms of the newest short interest after today, uh, so just no updates in terms of that settlement info just so everyone's on the same page there, the plan Is tomorrow i'll, be streaming 9 a.m bright and early? I hope to catch all of you there and then, of course, we'll also be doing just that.

The classic friday afternoon, mess around stream um so expect those two streams tomorrow and if i could come up with some good subject matter, i will be uh posting that on the main channel tonight, just that quick update just so. Everyone is well aware of what is going on, but overall, thank you for the support. I appreciate every single one of you um, you guys are the absolute absolute best thanks for joking around with me and having a good time in here today. I will catch you tomorrow and, as always from me, and share best of luck in the markets.

You.

4 thoughts on “Ep 142 apes! assemble dumb money w/ matt”
  1. Avataaar/Circle Created with python_avatars Ian Harding says:

    Black Rifle Coffee merger

  2. Avataaar/Circle Created with python_avatars Ed Backwater says:

    We ain't getting the teddies, but they can't say we didn't try.

  3. Avataaar/Circle Created with python_avatars WWMusic Man says:

    You totally look scrawny on stream. We saw you compared to others around you AND saw your whole body. Thick Kohrs all of a sudden to all of us.

  4. Avataaar/Circle Created with python_avatars Teri Vo says:

    Do not trust the commmmies!!!

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