Hello, hello, hello, hello, hello. What is going on happy thursday afternoon or if we are still in that mindset of a double friday scenario, happy friday number one afternoon, let's get right into it, so happy to be back so in between streams, robin hood ended up ipoing and man. What a? What a wild ride it's been on and opened up that 38 shot up to 40 22 came down to 33.35, ran back up to 38, which is where it opened. That was, resistance came down now, it's barely holding on to 36.

um. If it bounces here. I would expect another test of 38 and, if it breaks below, i think it's just gon na fall back down to the mid to low 33s. So, let's see how this one actually ends up, panning out uh, but could be thoroughly interesting, to say the least.

All right all right, um, i think i'm allowed to say this. I think i am well. I don't know secret secrets are no fun secrets are for everyone, so whether i am or i'm not allowed to tell you this uh. I will uh i'll be on fox.

This evening, uh in the 5, 5 p.m slot to talk about robin hood, it's ipo and basically the ape nation's opinion on robin hood so that that's going to be happening at 5 p.m. Eastern talking about robin hood fox business uh. Just so everyone knows about that. Um, i think i'm allowed to say it.

Why would i not, of course, am i like freaking myself out now, of course they would want more viewers to know about it. I don't know i don't know um shadow band hard this afternoon um. Maybe i don't know if that happens, it happens um. Well, if you want to help me out hit that like button it'll help with the algorithm i'm bummed out when it says that that type of stuff, i don't know what to do about it.

It is if people are shadow banned, their shadow ben actually um this, the shadow banning thing and the termination. As like a creator on my side, it's it's kind of it's frustrating, it's very, very frustrating that those types of things can possibly happen and that's why i've been like seriously considering these other things and the ones i hear about the most of at least worthwhile. For me to look into are, what's it rumble and d live um and i guess the other one's odyssey. I think those are the three um i would have to like.

I just double check with that, but actually hang on. We have people in here. We have enough people in here, so why don't we uh? Why don't we do a little bit of poll situation and see what everyone likes the most. I know a lot of you are like it's just easy to use youtube everyone's comfortable with youtube.

It's the biggest video, let's say software community. I don't know out there. It youtube is obviously dominant, but it's just so frustrating on this side. So i want to find out something where i can just do it multiple.

So in case i go down on one like directly when it happens, live i basically want to be able to stream to multiple things at once, opposed to like hopping back and forth. Um well i'll have to figure that out. Basically, what i'm planning on doing so with twitch um with twitch, that's tough, because they don't like when you're streaming to both at once. I want to find one where i can stream to youtube and another platform simultaneously, so my plan this weekend is to make an account on all of them and try it out.

I wan na people have been telling me about rumble. I hear rumble the most uh. I do not have a rumble account uh. I only recently went on the website for the first time um, so i want to check out rumble.

I want to check out odyssey. I want to check out d live. Those are probably the theory i hear of the most just to see uh just to see if it's possible and i'm not saying that i'm really going to quit youtube. Like i said i want to simultaneously stream on multiple platforms.

It just helps with things like discoverability like if you're getting shadow band or anything like that so like if one of them is being weird at least i have the shot with the other one. Someone said: please don't uh folks, i'm just saying simultaneously, i'm not saying ditch this one, i'm saying i want to stream to two things at once when if people are on here and they like this, the best you're more than welcome to stay here, i don't want To leave uh it's like, i said this is more of like a fail-safe redundancy type thing where i'm at least live in two different places. At one time, someone just said rumble in the jungle and then it's fun because i could say rumble in the jungle. So people are saying: use twitch, that's tough, because twitch doesn't like when you stream to that, and something else like twitch wants you to only be on twitch if you're streaming and really they don't like.

The issue is like kind of their their terms of service. If you stream to twitch and you're an affiliate, they don't want you streaming somewhere else simultaneously. That is against their terms of service uh. I checked the terms i think twitch you aren't allowed to do that.

That's exactly what i'm saying you're not allowed to do that. It says only fans, so just live stream to my only fans, um i'll, be figuring out. That's what i'm going to do this weekend, trying to figure out just some other other potential options, but to make this very clear, i'm not saying leave youtube. I want to look for multiple streams at once.

That's what i'm looking for. I haven't been on odyssey yet, but i'm seeing more people say odyssey. Um actually hang on. Can i do a three-pole thing? Let me see hang on.

Let me, let me ask you i'll turn it over to you apes. If it lets me, oh hang on. Why is my um? Is it gon na? Let me type am i frozen. I see these numbers are changing.

Uh. Am i getting frozen in chat folks, all right. All right rumble is how you spell odyssey, never hooked on phonics as a child. I guess i was just always out to lunch and then just trying to add an option.

This is going very, very slow d live. Where else should i add, content, ask your community hey! That's you guys! A community of apes twitch only has a problem with dual streaming. If you're an affiliate, i am an affiliate on twitch. So that's where the problem kind of starts actually multiple platforms at once through restream dot io.

This is done all the time. Do you mean i can help you? Thank you. My skills are yours. I really appreciate that, whereas i'm just trying to figure out which ones to restream too or like to do a dual multi-stream ii um, oh d-live, has a hyphen, i guess only fans, i don't know.

If uh only fans has their streaming set up. Maybe they do do you think draftkings will go up with this season. Um it kind of depends on. I guess how strong sports betting is, and overall i am pretty bullish on sports betting, like that sports betting ecosystem draftkings.

I know fanduel isn't publicly traded, but i'm bullish on that um penn, because penn owns barcelona, barstool has sports books in various states. So as more and more states legalize it, i think it's going to do better and better um, maybe i'm being just optimistic, but it's hard to see why it's hard to see how sports betting online sports betting doesn't take off all right. Jerry morris um so is rumble like i've been hearing. This thing is okay.

Here's my question about rumble is rumble intentionally political or is it ending up becoming right-leaning because you have right-leaning people who get kicked off of other forms and they just end up there. Some? What i searched of the the ceo and the investors in that stuff, the people who run rumble like they're, not even i don't even think, they're americans to my understanding, it's a canadian company and it's just more of like when people get kicked off of things and, Like it seems like people who are getting de-platformed are more so right-leaning. They end up using rumble because rumble's not kicking those people off. So i i don't know if their intent is actually to be right-leaning.

Um, that's a good question. Maybe i could reach out to the team and see if they have ideas of getting more left-leaning people on, because i i'm not a politicalized person. I don't want to be political uh. That's not my um.

That's not my goal in any way. Uh! It's just more of like i'm thinking more of like a business move of my idea is: i want ape nation to be as big as possible so for ape nation to be as big as possible. That's when youtube comes in it's one of the biggest video streaming platforms. So that's advantageous, but do you know what's not advantageous is if i'm getting shadow banned, if i'm losing my turn like my entire channel, if i'm getting terminated like that's, obviously also bad, then so it's just like a weird balancing act.

I suppose i don't know i'll figure it out. Folks, no decisions are made and i'm telling you, though, with any decision made. I am not leaving youtube well, i need to make this very very clear. It would just be adding on something else as a fail-safe, but it doesn't mean me leaving youtube at all.

That's not what i'm saying as i say that now and then, like youtube's like gone, see, ya kid uh thoughts on amd. Do you think it'll keep running? I got 120 calls for january on the cheap last week, um so if you're playing january 120s with his run, if i were you ride the trend out ride ride ride, you got in a really good fill at a perfect time like you crushed that trade amd 120S for january, if i were yours in your like shoes, if i was wearing your pants, i'd be happy i'd be rocking those pants matt. Remember me check your twitter dm right. Now, pat's fun house sounds fun.

What a day, what a day amc at 38.75 jimmy at 166 27 robin hood, like i said, watch it to hold 36 if it breaks below 36. I think it drops back down to the mid-33s, but let's see who knows maybe i'm wrong, uh pat's fun house. What is your twitter, you said, check your twitter dm, but i don't know your twitter name. You can stream multi-platform using theta.tv.

They are decentralized and good content creators. The channel bitboy is currently doing it. Okay, theta.tv data.tv. All right, you guys, are just giving me more to check out you know.

It's all good shout out jerry had to use super chat because you got lots of mix, use multiple cams, vpns, safest, bet to not cut out love the work you do lot being ape. Shout out latvia much love to latvia, feed ducks on only fans, some mag merch shipping to you tomorrow shout out king magnetic. Can you check tesla the old tesla? I myself has a have a very intimate relationship with tesla. Usually it involves me crying after it takes a bunch of my money, that's the type of one-way relationship i have with it's two-way, it's definitely a two-way relationship.

I have with tesla one direction. Is it taking my money and then its direction is tesla. Making me cry so it's a two-way relationship. I have going carl so you're selling and quitting um rumble is right-leaning.

So they do. They do have other non-political platforms like a spacex apes to the moon. It's freezing driving. I don't think anything.

Youtube is much more political than rumble as a company yeah like folks, i'm i i wish i was rich enough to have equity in youtube or rumble i'm just trying to think of the best way of to get the word out about ape nation and like continue, My like random stories of katie somewhere, where i don't get in trouble for saying it, because folks, if we boil it down to it's like absolute core, sometimes you are just out to lunch. That's life, sometimes whatever it is you're just out to lunch. Sometimes - and i i don't want my out to lunch stories - disappear katie katie, the one that got away add content to your pinterest feed 99 is my profile. I have the same goofy pick, justin dm me to say: yo amc is definitely going up.

Just so you know pat's fun, house being not like make sure you're messaging the right person, because i'm not seeing anything from you uh. I said: oh here got it got it got it got it got it all right, i'm accepting it got it got it got it got it check out locals. We'll do locals i'll put that on the list. So so far, the list of what you guys are telling me is only fans which, obviously i would have to have two only fans accounts.

Then uh only fans, theta tv, local, rumble odyssey d live. Let me know if there's any other ones that are popular popular amongst the kids these days. All right, can you take a look at ltch, please ltch whoa whoa, whoa whoa. It looks like it's trying to break out if it holds above 13.

Look for it to run to 14 uh it's at resistance right now. I personally don't like entering at resistance, but if you get that breakout nice run to 14 and from 14 you might have a gap fill all the way up to 1560.. I've latch, i don't know what this company does, but if you already have a position you're looking pretty, i would not chase it now, though, because it's at resistance locals, you can restream multi-platform use all right. Theta got that.

Thank you. You guys are always such a big help. I appreciate it. I appreciate you, i appreciate you, hey brother.

I can help you with the duck haul scared to say i'm a hunter youtube duck. Calling instruction was katie hot at all. My girlfriend kendall wants to know thanks for everything um my memory of her is that uh i mean i was just a youth, so i don't know if i was like at that point. Looking at her and judging her aesthetic value, um just bradley - oh bradley, don't you know this - that all women are beautiful in their own way? She was.

She was beautiful in her own out to lunch manner. I'll leave it there for someone who's whose dad's going out to lunch. She was beautiful, is five dills, a good price, robin hood stock uh javier dills feels black. Someone wants lithium, i mean if you're, trying to play lithium, the chart's been going nowhere, it's range mountain, but if you think there's about to be some sort of lithium breakout, because there is a lithium shortage, uh might be a good play.

I've never myself played lac, not the biggest fan of the chart, but if you like something going on fundamental like fundamentally uh rocket man uh five five year, i'm not quite five is five thousand. I don't know what javier i'm not quite sure. That's ticker isn't coming up for me: five yeah, i'm not sure what stock that is feel free to. Let me know normal content.

Scarlett johansson is suing disney over streaming conflicts very apish she's, going full full kgb on them. I suppose she's going completely dark widow completely dark widow uh. My girlfriend katie is crying and i asked her what was wrong and she told me you were talking trash her dad trash talking her dad. So thanks a lot sam um.

First of all ask her just to calm down. That's where i would start that conversation like if she's all sorts of upset. Just remember that, like there's not really time for that in the day, i would say just hit her with a classic good old-fashioned, calm down. Um, but that reminds me of a story that happened.

I don't know like two hours ago, so there i was um and i was eating some lunch today. Doing i don't know matt coors things and i had the olympics on and i was watching polo because apparently that's what i do with my life now i watch water polo, which, first of all, don't let me get too far off track. How do people do water polo? How are there not more incidences of drowning like they're, literally just in there, basically wwe under the water, throwing a ball at each other? I don't know how more there aren't more water polo fatalities, but anyway, let's come back to my story, so there i was, and i the like remote control, the channel changer, the tv clicker wasn't really doing anything and uh. My completely 100 real girlfriend was there and she walked in front of the tv and it wasn't working, and i thought it would be funny she just started talking to me like she didn't know how deep i was into this water polo match.

So she started talking to me about, like i, don't know her day or something and there i was with the remote and i i was like looking at her with the remote and i just started like clicking it and she's like what are you doing, and i Was like? Oh i'm, trying to see if i could lower the volume and it took her like a split second and then she realized. I was like referring to her conversation with me. I was trying to like control it with a like a remote control kind of like that: adam sandler movie, uh click or whatever. It is when he's in like a bed bath and beyond um, and first of all, don't do that, because if you do that to your significant other i'll tell you from first-hand experience: pissed piss piss, piss, piss pissed.

She was irate she's like what are you trying to do because, like she was just in the store - and i was like seeing if it would like style, it was a joke, it was a joke that was not received well and it was not received well at All like i didn't even get like her. Usually i can do something crazy and bombastic and like she'll get mad, but like she'll smile a little bit this one's, not that uh, not that at all uh. It was just straight up my anger um, so i don't know. That's folks learn from me.

This isn't just like once in a while, we'll learn something about the markets and we'll be talking um. I think you could learn a lot from me just in how i handled my own relationships and i tested the waters on that to see like i like to be on the frontier of comedy like sometimes you have to push it and not everything's gon na break. In your favor - and this is one of those ones - that's not gon na break in your favor um and well. It depends on how i guess you're looking at it like.

I thought it was funny and then her legitimate negative reaction made me think it was even more funny, so it depends on who you want to laugh. If you're looking to laugh, i would give it a whirl, but i don't think you should be expecting them to laugh. So it depends what your goal is, but um just throwing that out there just just throwing that out there. What do you think about bt b? T b, t b, t beta beta uh, looks weird.

It is all right. It's getting rejected at the same level of like nine forty, nine fifty but higher lows um, if you're in it patience, probably if you're not in it. This isn't the time to get in, because what would you risk like? 5 80? Like i, don't know a good risk, i guess you could risk 7 35. If my question is okay, i see it well, the volume is also dying, it might break out.

This is a high-risk play. It's just if you're, okay, with the high-risk play bt bt, might go for you bit digital, but i wouldn't be the most bullish on it. Uh. Could i get a b day shout out to my friend harry? He loves your stream.

Oh, that's a funny chat matt. Why do i have margin in my account this morning on robin hood 25k and amc no margin all month today? Wake up 8k and margin david yeah. A lot of people are reporting that today, with um robin hood, whatever's, going on with robin hood up, people got a lot more margin today, for whatever reason i passed my life insurance exams today, and you have taught me stonks in the downtime thanks for making this Enjoyable, happy too alex uh and netflix is releasing their leo dicaprio movie in theaters, before streaming great sign for streaming services, seeing value in theatrical releases. That is good news.

Shout out scott. I strictly refer to my spouse as wife bart's faults on chargepoint with new infrastructure deal passing the senate um. Well, i think it needs to pass more right, just in general, on the infrastructure deal, or is that a done deal daniel specifically to chargepoint, though i mean it. If we get this, this could be a w, the classic double bottom george, w one.

Two three like this might be the start of it. I would look for confirmation on that break above 26 and pray that it holds on to 22, so you have to be patient, watch 22 watch 26 and that's how i would probably make decisions from that point. I think i'm up to date, i didn't know that leo was making a new movie, i feel like leo and i would get along like just as people like, i feel like. We could hang out um if you're curious about why amc has not been doing the most hot in the second part of the day.

I would just take a look at iwm. We've gone from 224 down to 223 we're seeing a little bit of a sell-off amc, though i mean it's so close to that red, green move. You never know what power hour is going to bring plenty of time to not only go green but go considerably green. So, let's be calm cool collected with that one will starlink be an exception.

Yes, it will be lucas, i'm a big fan of starlink, i'm a big fan of what it represents and what it could potentially mean. So yes, oh brother, thanks for all you do, i wanted to complain about my brokerage account selling my shares without any notice or data on why they sold out m-e-l-i, because i owned amc uh these smalls is that what they said to you that they like it Sounds like you got some sort of a a margin call or something v smalls sold out m-e-l-i, because i, how do you know that they sold your meli because you own amc? What's your brokerage um i'd like to share your broker just so other people dark pools? Are being discussed on pain? Oh that's something! We could listen to hang on who's. He speaking with uh uh to charles wait, wait, wait! Dark pools, economy, slows rally, quickens earnings, rock robin hood, stumbles workers chill shadowy cryptos, super coders, zuckerberg's wonderland, i'm not seeing wait! I'm not saying anything about dark pools on today's uh bubba has been hyped up. I i don't see where it's talking about dark pools.

Am i getting this wrong folks? Is he talking about dark pools today? Um? I see that stephanie was on, but i it looked like she was just talking about robin hood, but that doesn't mean they were talking about dark pools. Um. My wife told me about this new hip trend where people are taping their mouth shut while they sleep, so they can breathe through their nose to be healthy. I told her to try it during the day.

It didn't go well, but i cried laughing. Oh that's funny. Uh, robin hood stock. Have you looked ahead to next week's earnings feel like they're, like the addition to gme to s p might be a gorgeous setup generally getting moved up to that when you're going from the russell 1000 to the s p 400 mid cap, that is generally a bullish, Move and then the huge move would be going up into the s p: 500..

Half a million shares went out on loan whoa whoa whoa wow up to five million loaned out against amc today, short interest of 15.66. That's a lot gme net neutral 289, though 13.87 short interest. Someone said that charles is discussing dark pools right this minute. Let me see if i could find it box.

Actually, let's go to this other channel uh. Where are we what's that channel trace trades clips trades flips? Usually they have it and i could rewind if need be. Let me make sure i'm not blowing your ears out with audio all right here. We can listen to this part hang on.

Let me just get the audio set up for you all right here. Let's check this out here, we go. This is what we just said about robinhood and on charles payne stephanie. Let me get this good, making its public debut now the company, it actually offered individual investors a lot more shares than normally offered, but also raised a lot of money with major risk like the potential of action against order for blaming for order flow.

That could actually happen at some point now. Some are saying that the stock is a proxy for the individual investor revolution. I do not buy that and i didn't buy any of the stock either listen. I would love to see the company succeed, but i also want individual investors to be their real customers right, not the hedge funds, who are often at odds with the very users of that platform.

Founder of stock whisperer trading company stephanie cameron joins me now and stephanie. The build up to this roblin ipo, i was kind of shocked. It was really over the top of my mind. It was painted, though, with the sort of same flowery nonsense that paying zero commissions is a gift to the individual investor.

Uh your thoughts on the offering itself and how important is it ultimately for their 22 million users to actually be their customers and come before hedge funds? Hey there, charles great to be back well, you know order flow is not the best with them, so even with zero commissions. If you can't get your order filled, which happened with them several times right, that's not so great, but if your retail traders want to make money off of trading robin hood, i just wanted to tell you that there was a massive dark pool trade on robin hood. Today, it's about 415 million dollar trade at 38, so i would watch that level moving forward. You know we're going to be bullish above and we're going to be bearish below, but as far as ipos go a lot of times, they do get crushed over the next couple months and the best time to actually trade the stock and buy the stock is, after The lockdown period is over if we see dark pool prints coming in, which is what we saw with uber.

If you recall, that is the best time to pick up the stock. At least we can make money off of robinhood yeah yeah and i think, a lot of folks. A lot of uh individual investors, particularly those in in the so-called ape community, are very leery. After what they've gone through and they're going to want to watch.

For extra reasons, hey, i do want to last time. You're on you made some great uh points about the opaque nature of dark pools. Obviously it invites nefarious behavior. I know it hasn't been long, but are any? Are there any updates about? Maybe the sec? Looking into this about someone actually doing something about it.

No, unfortunately, i haven't heard uh or read anything charles, i'm going to tell you. I find it very disheartening yeah it's it's not an easy battle, yeah! No, it's not an easy battle and i hope that the public does not give up on it now you know you just mentioned. We do know that uh. There are ways to go into these dark pools and if you know how to do it, which is what you do uh a lot of money can be made.

You just gave us an example what we, what what's what's been happening? What are some of the other things that you're seeing uh, you know when you, when these big buys come up in the dark pool? How long like you get ahead of them? You can get ahead of them and somehow still profit. Well, it's hard to get ahead of them because they always go first right. So what we like to do is we like to follow them? This is the institutional money flow. I mean these are the big guys that are moving the entire stock market or a specific sector, and you know i follow the unusual trades there's a lot of darkfield trades, but it's really important to focus on unusual stuff and i just happened to spot something very Unusual and i've been doing this 27 years in the gold sector.

They used a specific etv, which is highly unusual rather than an etf, to get into a very large goal position and we are starting to move up now. So i absolutely love love gold. In fact, i wrote a whole book on how to profit off the dark pool yeah. I know that that's why we bring you on for that and, of course, your other market expertise stephanie.

Thank you so much and we'll keep checking back with you uh. This is a fight that i hope nobody gives up on. Meanwhile, millennial investors, they initially started pouring into the market because well there's that uh not really a. I mean a little bit about robin hood, but i was looking a little bit more for like specific mechanical things, going on with dark pools and uh.

That didn't seem to be the topic of this particular uh discussion, but she did mention. There was a big dark pool block trade at 38 on robin hood. She mentioned she would be bullish on robin hood above 38 and bearish on it below. Obviously, right now we are two dollars below robinhood down four point: eight: nine percent.

On the day, i'm telling you i strongly feel from a technical perspective if it cannot hold right here right around 36 - maybe 35 75 somewhere in that 25 cent range, i think we go right back down to the mid-33s looks like the market at large is selling, Though, right now, iwm coming down amc coming down, gme coming down robin hood coming down, how's the spy looking spy, also starting to come down. So as we head into power hour across the spectrum, it looks like there's some weakness. Let's get this up robin hood. I want to get looks like robin hood: volatile, open, v-shape thing, going on perfect rejection at its opening price of 38, and now it's like slowly drifting sideways a little bit down um.

I did not definitely not in robin hood. If i had to play it, i would have bet against it um, but i didn't even do that. I have no robin hood position. Um people were talking about it.

I saw so many jokes about just basically along the lines of trying to reach out to citadel, to figure out how to properly naked short it. Oh okay, hang on there's uh. This poll is over now, hang on. Let me see this.

Where are we at? Let's end this poll all right: let's see these results coming in. I want to know what they were: uh rumble 65 odyssey 18 and d live 15., so out of 3 000 votes, it looks like rumble. Uh was more popular. Stephanie actually started out.

One of the oldest hedge funds left - i don't think dave - knows more. I think all dark pools have rules that we aren't going to know until the sec really investigates um. I do i don't know much about stephanie's beginning, so i don't know if i could like fairly comment on it, but i do know. Different dark pools actually have different rules.

Uh, there's about 40 major dark pools and they um. Not all dark pools have the same set of rules, some dark pools, for example, and it goes way deeper than this. Some dark pools are open to the public like you and i could trade on it. If we wanted to, i mean like in the u.s certain brokerages, such as interactive brokers, allow you to route to a dark pool, that's possible, but then there's other dark pools that are private and you have to be like a member and they whatever they can pick Their members on how they want um, so i just want everyone to know that, like even though dark pools are less regulated, some of those less regulated ones actually have their own different set of rules, because apparently they can make different rules as they like want to Go which is like another absurd thing about dark bulls: ah, scarlett johansson ensues disney plus for streaming black widow.

At the same time, the movie theater thoughts okay. So this is what some people are talking about right here, disney sued by black widow, star scarlett johansson. Over movie streaming release report says black widow was disney's biggest film yet to hit theaters in disney plus at the same time, but johansen's suit claims. The dual release violated her contract and cut how much she was paid disney is being sued by black widow, star scarlett johansson over the company's decision to sell the marvel blockbuster on its streaming service disney plus simultaneously, when it with its release in the theaters.

The wall street journal reported thursday. I kind of want to see the main thing here, but so she filed the lawsuit on thursday as in today. Okay, this was actually happened today, uh, i didn't know if it happened. Last night, disney intentionally induced marvel's breach of agreement without justification, in order to prevent ms johansen from realizing the full benefit of her bargain with marvel.

Well, i want to know the drama. Give me the numbers warner media chose to renegotiate many of its talent contracts like miss johansson's deal with marvel were tried at the box office performance warner, bros paid more than 200 million to the talent as part of its amended agreements. But where are the numbers, though? Uh some analysts and executives in hollywood question whether making the movie easy to watch at home was hurting box office results, the national association of theater owners, a lobbying group for exhibitors call for the performance disappointing, all right that doesn't sound too good um. So overall it sounds like, and i could get some of the details on it a little bit later, but she's suing because she says it's a breach of contract.

The fact that it went to a theatrical debut simultaneously with a streaming release and obviously she's not happy with the streaming release aspect of it, i'm assuming it costs her millions of dollars internally. Some executives at disney worry that an at-home release would tarnish the overall appeal of the barnville brand, which has produced the biggest offerings in hollywood over the past several years. You know i've never thought about this aspect of it of like obviously disney who like has their streaming service, but they also own marvel. I guess maybe the opportunity cost of it.

I mean i see that i never thought of it, but damaging the marvel brand. Interesting interesting, interesting, interesting. Well, if you want to check it out, uh wall street journal seems to be the first one who reported on it huh. I want to know the money, though, that she's saying it cost her.

I would assume it's millions of dollars if i had to guess just uh. Just to guess. Hang on someone just said this is turning into a tabloid show what i mean we're talking. This is oh, this is the internet.

We were talking about a actress who's. Part of a huge movie brand and a streaming company. Obviously that directly relates to amc. It's not like.

I was reading a story about how ben affleck and whoever, what's her name, jennifer, whoever lopez right. What's her name they're back together, i don't even know as if i'm a tabloid person. If you can't see the connection between talking about that and then also amc, i mean i don't know what you want me to do: 50 million whoa whoa who what's her name. She was just dating that other the baseball player, uh ben affleck and yeah jennifer lopez nailed it.

How did i not remember her name? That's bad, but yeah they're reviving benefer reported two days ago. So that's tablet. That's the tabloid portion of this show. I hope it works out for them.

I i hope they find happiness uh, but it still costs 29.99 to stream black widow on disney plus. I would spend less than that and amc for myself unless her contract excludes disney plus revenue. I would assume that's part of the issue that her um money is probably tied to theaters and not disney, plus, or something along that, because wild switch like that has to be the part that pisses her off 69 69 love. You matt shout out jp stone uh.

We might hit it today if people went home in practice last night and like focused on it um. Okay, we will let you take a long lunch if you just leave the stream up, so we can chat amongst the apes. Can't expect you to work all day. Uh, mr dallas jackman uh, that's what we did and it's on the mat we we did do that it's just on the other channel the midday session.

It's on the mat course clips. I think it's the first link in the description, but uh. That's what we started today and we just have some background: lo-fi music. Can you let me know in chat if you were um, if you checked that out and if you liked it or not, if you like the the midday stream of just some lo-fi music uh, i had amc, jimi and robin hood's chart up same deal.

6969. Is yesterday yeah, if you want not a hedge fund, um, hey matt, how do you feel about the father calling you out to prove you're an ape? I just want you to know um. I can say this in all honesty. I do know who he is, but i've not seen that video at all uh honestly, i haven't even really watched any full video.

I just don't know this. This drama thing of the ape file they're, calling me out, don't know how he did or didn't call me out and i'm not gon na respond. I have no idea even what it's about variety said: it cost her 50 million in bonuses holy guacamole 50. If something cost me, 50 million dollars, i'd be uh, i'd also be pretty upset.

I'd be i'll, be honest about that and i'd be pretty upset. All right. Hood looks like it's about to snap folks here, let's right here, let's see if it goes below 35 68. uh.

I'm in you see my dm about how we can pick winners. I did not see that not a hedge fund i'll have to check it out. Midday stream needs more chair uh. I think we can make that work.

We can make that work a little bit more chair action. It was great and all there just needs to be more chair. Can you or text w-i-s-a? Yes, i can or text wisa nope. I should spell it right: that's probably how this works.

W-I-S-A summit, wireless technologies - i'm assuming you want the short interest and it has no considerable short interest. 3.98 percent uh. So it doesn't seem like it's a viable short squeeze play 6969 ken griffin's locker, combo, 50 million. That's insane all right, uh! I have a a feeling you're about to see robin hood get crushed in power hour.

If, if the scenario, if it breaks below 35.68 jimmy currently trading at 165.60 down 2 on the day amc turning at 38.51 down 1 on the day, i went to jayla's 50th uh gloria estefan's mansion two years ago, absolutely off my chops, i'm picking twitter of me That is hilarious. Woodward, like i'm, assuming her 50th birthday party had to be absolutely crazy. What's up with the shareholder meeting um, it's probably going on today with the vote uh you had up to yesterday to vote um, but remember the big thing that why people were talking about it was because of the authorization for additional shares that could be used to Dilute the stock, but that is no longer a proposal, not gon na happen. No one voted on it, not gon na happen, so there was just a leftover for proposals that i don't think are really.

I guess too contentious or anything like that. Uh. We love you. Please tell kendall to make me another vodka, for i am busy super chatting still not going to honeydew festival.

I mean it. I don't know this. It's so weird that people want drama like like. Isn't that just like clout chasing? Isn't that the definition of cloud chasing like he just wants me to respond or something i haven't seen it and i'm not gon na watch it? It sounds like a horrendous waste of my time.

I need to learn more about water polo and understand how they don't drown, because it blows my mind, that's a better use of my time on a personal level and also for the community, because i think we all want to know. What's going on with water polo players and how they are able to like how how do they survive a match? I just don't get it. It doesn't make sense to me uh thoughts on wish uh. I know some people were talking about it for some form of a short squeeze play and hang out.

Let me look into it. Short interest is seven percent it's higher than normal, but not that high. It has half the short interest of amc and jimmy actually less than half of amc um, but in terms of its chart we could check it out. So it's not a short squeeze play at all, but in terms of just a stock play i mean we might get another like this could be a w uh.

You get the double bottom 875.. So if you're, okay with risking 875 880 um, you could watch 11. 30 from there you could watch 12.. I mean there's opportunity there.

It's just. Are you okay, with risking 885? Are you okay, with risking what a dollar fifty ish from its current level? Um? To me it seems interesting uh, but do not look at it as a short squeeze play if anything you're looking at it as a technical balance. Really matt do you expect from the shareholders meeting today anything special you'd like to hear? No, i think, we'll hear more about the company from the or the official earnings announcement and not the shareholder meeting, i'm not expecting any. Like.

I don't know groundbreaking announcements to be made from the shareholder meeting. Maybe it's possible, i just don't really think it uh. If anything, i think they would have saved the special announcements for the earnings call if there were going to be anyone, but it's confirmed everyone piled into which newbie trader here bought a stock at 10, it's at 52 all-time high region. Any strategy suggestions in general, uh c-u-t-r-c-u-t-r well, first of all, congratulations on the awesome trade you got in at 10, um as in you got it off: wow 53 cents off it's low! Ever that's incredible! Uh! I don't know what this company does, but for you, it's trending in your favor, like let your winners ride, patience um! If i were you like you, have so much leeway in this run, just lit as long as it's continuing to trend in your direction.

Just let the let the stock do its thing, you're, crushing it that's how i would play it. At least that's that's! A good trade. You made 40 bucks. You made a 400 return.

That's that's ridiculous good for you good for you, iwm still looking a bit weak. Look how similar these charts look um. This is the five minute on the iwm, and this is the five minute on amc right above it very, very similar, very similar ooh. Robin hood did touch this line and it's bouncing off of it right now.

Support support. Let's see if it actually bounces or if it's going to crater through someone said genzler tweet, gensler, tweet, just gon na load, he already got verified smh smh already verified. What did he say about six months ago a stock went from 20 to 480 and then back down to 40 all in a matter of weeks. I think these events are part of a larger story about the inner section of financing technology.

When new technologies come along and change the face of finance, how do we continue to achieve our core public policy goals and ensure that the markets work for everyday investors huh? What's this all about, as we work to protect investors, maintain fair, orderly and efficient markets and facilitate capital formation. I'd like to highlight seven factors that were play in these volatile events: gamification and user experience, payment for order flow, equity, market structure, short selling and market transparency. Social media market, plumbing clearance and settlement system-wide risks, though this winter's events also highlighted the rapidly changing face of social media and its intersection with our capital markets. Online forums can serve as a real community.

Expanding access and participation on reddit individuals gather in online communities to discuss a variety of topics anonymously, including investing a lot of people, follow capital markets through various online communities, not only reddit, but also there are other social media platforms and within trading apps. To be clear, i am not concerned about regular investors exercising their free speech online. I am more concerned about bad actors, potentially taking advantage of influential platforms. Furthermore, it's not just retail investors or even humans, who are following these online conversations, but institutional investors and their algorithms developments in machine learning, data analytics and natural language processing have allowed sophisticated investors to monitor various forms of public communication to see relationships between words and prices.

This practice called sentiment analysis all right, so they did that. Overall, i mean right here to be clear. I am not concerned about regular investors exercising their free speech online to me that that's a pretty straightforward comment: let's see what he says about payment for order flow. Once again, this is from gary gensler, the sec chairman.

Why might brokerage firms want to increase customer trading? Who benefits from it? In the last few years, most retail broker dealers have stopped charging fees for trades and said some make money through other streams, including a process called payment for order flow. Robinhood publicly reported 331 million in payment from order floor revenues in their first quarter of this year, more than triple the amount it brought in during the first quarter of 2020.. There are two kinds of payment for order flow: i'd like to highlight payments from wholesalers, to brokers and from exchanges to market makers and to brokers. Here i want to focus on payment from wholesalers to brokers.

Here's how the process works, retail broker dealers enter into agreements with wholesalers while purchase which purchase their order flow. Unlike public exchanges, they must offer fair access to their publicly displayed quotes. These wholesalers can decide whether to execute these orders directly or to pass them along to be executed by exchanges or to other trading venues. So right here, i saw a little bit of confusion and this is a very small but important detail.

The way payment for order flow is working is someone like citadel securities will pay someone like robin hood to send them their orders? It goes directly to them. There's not a dark pool in between, unlike public exchanges, this must offer fair access to their publicly displayed quotes. These wholesalers can decide whether to execute these orders directly. So someone likes citadel, the order gets sent from robin hood to citadel.

They decide if they want to execute them directly or they can pass them along to be executed by other exchanges such as the nasdaq. The new york stock exchange iex - this is talking about lit exchanges or other trading venues such as dark pools um. I just saw a little bit about this online with payment for order flow directly from the brokerage to the market maker and from there they either execute it or they don't. If they don't, they could pass it off then to a dark pool payment for order flow.

The first stop is not a dark pool. The first stop is the market maker, and then the market maker decides what they want to do with it. In addition, the wholesalers get valuable information from their order flow and other market participants get it with a delay. If, at all in many aspects of the economy from social media to search engines, access to data is a growing competitive advantage, our capital markets are no different.

So this is a huge thing. Uh players like citadel securities and virtue have an incredible asymmetric information advantage and they use that information for them to make more informed trades and that's how they make so much. Money is because they can see the entire chessboard, while retail traders like you and i we can see like one little square of the entire chessboard. Higher volumes of trade generate more payments for order flow.

This brings the mind a number of questions do broker. Dealers have inherent conflicts of interest. Many people, myself included, would say yes, obviously, if so, are customers getting best execution in the context of that conflict. So this i like how this is worded because if so, are customers getting best execution in context of that conflict.

So this is why um, i really really like this. So here's what's happening, you have, let's i'm, i know, there's multiple market makers, but let's just focus i'm in this example. Let me just use robinhood and let me use citadel securities. What happens when the orders are getting sent to citadel securities and they have an asymmetric information advantage? What they are doing is they've segmented, the entire retail trading, and that means on these other things, like you, have dark pools.

You have lit exchanges. All you have left over are highly competitive players such as other market makers, other hedge funds and also, then you have things like pension funds and etfs and that thing, but the retail public like if right now, if you're, just listening and you're buying and selling payment For order flow segments that entire thing and that entire group, which means that the other venues have a widened, bid, ask spread because they're more competitive so for market makers to still make profit on it. They don't want to take as much risk because they know it's a highly competitive environment. You see the bid and ask spread actually getting wider, so what they do in terms of payment for order flow.

Is they base it on the relative? I guess comparison to exchanges and they're like well: hey, look at how wide that is uh. We are giving you better executions, like i guess, in terms of the nbbo, the national investment in an offer, so they argue hey if you're retail, we're we're actually giving you a better execution, but what they don't tell. You is the reason they're giving you a better execution is because they drug everything already down, instead of actually making it better, they made it relatively better to something that they, by their own functionality, made worse and what that's in reference to spreading the bid ask um The bid and the ask so this i like how they said it: customers getting best execution in context of that conflict, they are causing their own conflict. I think this is it's great that they set it that way our broker dealers incentivized to encourage customers to trade.

More frequently than it is well, of course, yeah. What are the policy implications with regards to the data aggregated by the purchases of order flow um? This is very good. Are they disclosing that data to someone else, or are they only using it to actually execute trades? Um, i don't have finra or sec investigations as like legal cases, but i would hypothesize and theorize that they're using this data for more than just non-public information, i'm assuming they're using it in other ways to make even more money. Just my guess and the reason i'm guessing, that is because this is wall street folks and they do whatever they can to increase their own bottom line.

These questions, while not new, were highlighted in the sec's recent settlement enforcement action against robinhood, as described in the commission's order, certain principle trading from seeking to attract robin hood's order flow, told them they were - was a trade-off between payment for order flow and price improvement for Customers reflow told them that there was a trade-off between payment for order, flow and price improvement for customers. Robinhood explicitly offered to accept less price improvement for its customers in exchange for receiving higher payment for order flow for itself. Whoa whoa. That's actually a big deal robinhood explicitly offered to accept less price improvement for its customers in exchange for receiving higher payment for order flow for itself wow.

As a result, many robin hood customers shouldered the cost of their inferior executions. These costs might have exceeded any savings. They might have had, though they had gotten them for zero commission. Finally, it's interesting to note that neither the united kingdom nor canada permits broker dealers to route retail orders to off exchange market makers and return for payments, so basically united kingdom in canada.

No payment for order flow allowed at all um. This is just it's mind-blowing, uh that this stuff is going on. I um wow wow wow. So, overall i mean there's many many reasons to be against payment for order flow, and perhaps, if you're listening now uh, you might be against payment for order flow for a different reason.

Then i'm against it - and i guess i should make this clear. I matt coors at right now saying this live against payment for order flow. I think we should get rid of payment for order flow. I think it's damaging to the markets at large, but you you and i might be on the same side of this fight and maybe we have different reasonings.

But i don't know how to make this more clear and i also at minimum want dark pools to just be more regulated, so i don't know how to make that more clear but interesting, so that is stuff right from gary gensler himself. So, let's look at this when people are talking about, fundamentals is robinhood, something fundamentally you want to get invested in and i get it before. We all just get emotional and say like hang on, they screwed us over, like that's more of an emotional driver. I'm saying like let's look at its business model like let's actually have a good fundamental discussion about robinhood.

I hear all of these people arguing about amc and gme that they're fundamentally overvalued. How would you possibly get into it and then they look at certain business risks? Like, let's use amc as an example of like okay, if the world goes into lockdown again, do we really want to like, should you fundamentally uh be invested in a movie theater? That requires people to not be locked down and to go to the movie theater so similar to that, let's take a look at robin hood. Well, we know from hr 461 7, which is a bill. That's currently in i think committee.

They might outlaw payment for order flow, so that's the main business driver of robinhood. I mean right here. He even said it publicly reported 331 million in payment for order flow. Do you want? Do you think it's a good fundamental investment to invest in a company that their form of income could be outlawed? For me, that's a no for me! I'm not going to invest in something where there could be a law pass that literally outlaws their income.

They would have to completely change their entire business model, and so why would i do that? That's a crazy risk, especially now how much of a light is being shown on payment for order flow? Why would i invest in a company that for the company to do well, it still needs payment for order flow. The one thing that like could actually be disappearing, um seems absolutely wild and then hang on. I think this is even more dave. Lauer put it well right here: um robinhood opens at 38th and tumbles more than five percent.

I guess providing poor execution quality with the prospect of your business model being outlawed. Isn't a great look uh, very, very true, very, very true. So for me it's just.