E429 Thump.. Thump.. Thump..
الملخص
TLDRIn this weekly update, the speaker shares his excitement about GameStop stock ending in the green and talks about purchasing collectibles, including PSA graded Pokémon cards. GameStop's 'buy two, get one free' offer is highlighted as a significant draw for buyers. The speaker provides an analysis of GameStop's market action, noting increased long interest and strategic options trading tactics by institutions. Concerns about short selling and stock manipulation are discussed, emphasizing the complex dynamics at play. The video also reflects on Ryan Cohen’s impact as CEO, boasting improved stock price and market capitalization for GameStop over the past year. The speaker offers personal anecdotes about his investing journey and the profound positive changes it has brought to his life and career. He concludes with a philosophical message of hope and encouragement, expressing gratitude for life’s blessings while praying for those facing challenges. Personal habits, such as sharing inspiration from Bible verses, highlight the speaker's commitment to providing encouragement to his audience.
الوجبات الجاهزة
- 🎉 GameStop stock ended in the green, exciting investors.
- 📦 Unboxing collectible items from GameStop's promotion.
- 🔍 Discussing PSA graded Pokémon cards as investments.
- 🚀 Analysis of GameStop’s recent market movements and options.
- 📊 Highlighting increased long interest and market dynamics.
- 🧩 Ryan Cohen's impact on GameStop in the past year.
- 💭 The speaker's personal growth influenced by GameStop investment.
- 🙏 Offering encouragement and prayer for viewers.
- 📚 Sharing daily inspirational messages with the community.
- 🤔 Theories about stock manipulation and short selling effects.
الجدول الزمني
- 00:00:00 - 00:05:00
Good morning everyone! It's Saturday, and GameStop ended the week on a high note. I'll be discussing GameStop, Pokémon, and various topics. I've made a meme and received a GameStop package with boosters and card sleeves, which is interesting with their buy two, get one free deal.
- 00:05:00 - 00:10:00
Unboxing reveals Pokémon boosters and card sleeves from a GameStop package. Excited about collectible deals; options aren't limited to Pokémon. Mention of a PSA graded Pikachu renews enthusiasm for collecting. Unveiling personal strategies for Pokémon trading card gameplay.
- 00:10:00 - 00:15:00
Further discussion on GameStop's stock performance, wedge patterns, and market trends, focusing on Pokémon, Funko Pops, and collectible items. Emphasizes the buy two, get one free offer. Observations on competitive Pokémon card gameplay strategies shared.
- 00:15:00 - 00:20:00
GameStop's stock movement and options pricing strategies discussed in detail. Analysis of trends, including long and short volumes and implications of stock options. Assessment of GameStop's positioning above 'max pain' price and wedge formation, contemplating future movements.
- 00:20:00 - 00:25:00
Notable movement in GameStop stocks, and potential indicators of long interest. The complex interplay between shorting and stock price, and how ETFs like XRT affect these dynamics. Recap of GameStop's performance across various time frames.
- 00:25:00 - 00:30:00
Exploration of GameStop's stock valuation, ownership structure changes, and implications of rising institutional stakes. Assessment of the broader market sentiment toward GameStop, highlighting potential strategic actions by institutional investors.
- 00:30:00 - 00:35:00
GameStop's CEO Ryan Cohen's tenure reviewed with focus on stock price and market capitalization changes. Observations on cash reserves and operational value growth. Expresses optimism about Garner Cohen's strategy despite legal challenges.
- 00:35:00 - 00:40:00
The volatility in GameStop's stock discussed alongside theories about institutional strategies in options trading. Examination of potential signs of strategic buying by institutions and how options trading might influence stock volatility and long interests.
- 00:40:00 - 00:45:00
Options trading intricacies and strategic lending in the GameStop market are dissected. Stock market theories and analysis on short selling dynamics further explained, alongside speculative thoughts on market behavior indicators.
- 00:45:00 - 00:52:28
The dedication to GameStop advocacy is highlighted, wrapped with a heartfelt message to those struggling in various aspects of life. A prayer from Matthew 6 is shared, concluding with a message of hope and encouragement for the audience.
الخريطة الذهنية
الأسئلة الشائعة
What happened to GameStop stock recently?
GameStop's stock ended in the green recently, rising due to options trading activity and long interest.
Why is the speaker purchasing so many GameStop products?
The speaker is taking advantage of GameStop's 'buy two, get one free' deal on collectibles.
What is the significance of PSA graded cards in GameStop?
PSA graded cards, like a 1997 Pikachu, are valuable collectibles and investments for enthusiasts.
How has Ryan Cohen impacted GameStop over the past year?
Ryan Cohen, CEO of GameStop, has overseen an increase in stock value and market capitalization over the past year.
What potential strategy could institutions be using with GameStop options?
Institutions might be using a strategy of building call positions in both short- and long-term options to influence prices subtly.
What is the speaker's theory on short selling and stock manipulation?
The speaker theorizes that short sellers are caught and struggling, possibly using repeated shorting and options manipulation.
What changes in market data are noted?
Increased long interest in GameStop, along with changes in ETF holdings and low share availability, are noted.
What philosophical message does the speaker convey?
The speaker offers a message of hope, encouragement, and prayer for those facing hardship.
Does the speaker engage in options trading?
No, the speaker finds options trading stressful and prefers to hold shares.
What broader impact has the speaker experienced from investing in GameStop?
Investing in GameStop has profoundly impacted the speaker's life, career, and personal growth.
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- 00:00:00good morning everybody it's Saturday we
- 00:00:02made it to the weekend I hope you had a
- 00:00:04good week GameStop ended in the green
- 00:00:07which is exciting we're going to talk a
- 00:00:08bit about GameStop going to talk about
- 00:00:10some Pokemon and some different things
- 00:00:11as usual so uh made this meme uh I don't
- 00:00:15know what it's supposed to mean but it I
- 00:00:17thought it'd be funny and then uh I got
- 00:00:19another package from Gamestop
- 00:00:21so I don't remember what's in this one
- 00:00:24so going to open it and see what's
- 00:00:26happening here
- 00:00:30let's
- 00:00:33see and if um you don't like unboxing
- 00:00:36videos you know they don't happen all
- 00:00:38that often lately GameStop's got to buy
- 00:00:42to get one free deal going on so been
- 00:00:47doing a lot of that so this won't be
- 00:00:50like regular content probably on the
- 00:00:53channel okay so in this box we got a
- 00:00:58bunch of random boosters
- 00:01:00because they it worked out pretty well
- 00:01:02to do buy two get one free with the
- 00:01:03boosters and then you always need card
- 00:01:05sleeves so got a bunch of the sleeves
- 00:01:08and what's nice about mixing up the
- 00:01:09sleeves and the boosters is they're
- 00:01:12about the same price so I find with the
- 00:01:15the buy two get one free kind of deals
- 00:01:18um that's what the box is it's full of
- 00:01:20boosters and sleeves so I don't I think
- 00:01:22it was like nine packs of paldan Fates
- 00:01:25and then nine packs of the sleeves um
- 00:01:30little bit OCD on sleeving the cards
- 00:01:32because you never want to have like you
- 00:01:34can't have a card that's not sleeved
- 00:01:35what if it gets damaged right so um with
- 00:01:39the buy two get one free deal going on
- 00:01:40right now I have to say again incredible
- 00:01:42deal you can't beat it on the
- 00:01:44Collectibles you could even do other
- 00:01:45things you don't have to do Pokemon
- 00:01:47cards or trading cards but you could uh
- 00:01:49get uh squish Mellows for kids I think
- 00:01:52all kinds of different things let me
- 00:01:54just look it up
- 00:01:56GameStop um find some oh and then I I
- 00:02:01always hesitate to even look but I I'm
- 00:02:03here
- 00:02:05so can't help my if I'm here I'm going
- 00:02:08to look are there any PSA graded look at
- 00:02:10this guy oh he's a 1997 I'm just going
- 00:02:13to say I already ordered him hopefully
- 00:02:14he's on the way let's
- 00:02:18see waiting what waiting for product
- 00:02:21availability he's right
- 00:02:23there all right well hopefully he comes
- 00:02:27um look at him he looks amazing Pikachu
- 00:02:32someone's gonna probably try to buy him
- 00:02:34now um but uh if you look
- 00:02:39at uh I don't know when I became
- 00:02:43addicted to Pokemon but it's
- 00:02:45hilarious so when you do the buy two get
- 00:02:47one free thing
- 00:02:48here um it's not obviously just Pokemon
- 00:02:53it's these which are people going are
- 00:02:55going crazy about baseball
- 00:02:58cards uh a lot of card products but you
- 00:03:01like Funko Pop um all kinds of different
- 00:03:04stuff going on here 122 Pages worth of
- 00:03:07stuff so you know you don't squish
- 00:03:11Mallows I don't think we have this one
- 00:03:13we used to collect squish Mallows we
- 00:03:15used to we still
- 00:03:18do we used to also anyway so um yeah
- 00:03:22meme of the day unpacking of the day we
- 00:03:25also got this guy yesterday or the day
- 00:03:28before new Pokemon so we were playing
- 00:03:31and we got a um sometimes it doesn't
- 00:03:34show up there we go krag IUS ex he seems
- 00:03:39good I like Pokemon that do damage to
- 00:03:42Pokemon on people's bench I've realized
- 00:03:44because people like well my daughter
- 00:03:46she'll often Retreat her wounded Pokemon
- 00:03:49and then it's like ah I almost got that
- 00:03:50Pokemon and I may not have a boss's
- 00:03:52orders to get it back into the active
- 00:03:54spot but if I got someone like this guy
- 00:03:56you can knock him out and uh she gets
- 00:03:58really mad about that
- 00:04:00so anytime I can do that is awesome so
- 00:04:04yeah great Pokemon we'll see if we can
- 00:04:06fit him into a deck meme of the day
- 00:04:09talked about all things so let's talk
- 00:04:10about the data really exciting day
- 00:04:12yesterday launched up at first to 2310
- 00:04:16for some reason that was cool and then
- 00:04:19it was getting jammed back down and then
- 00:04:21at the end of the day big volume came in
- 00:04:23on some options drove the price High
- 00:04:272248 at the close just about 22 250
- 00:04:30there was probably like a battle here
- 00:04:31for 2250 which is correspondingly like
- 00:04:34right on our Dorito so we're just
- 00:04:37battling at the top of this downward
- 00:04:39forming giant wedge over the last
- 00:04:42several months here and we ended
- 00:04:45basically the week here above max pain
- 00:04:47which is great and just posted a new
- 00:04:49Recaps repricing in the obligations
- 00:04:52Warehouse above the last one by a couple
- 00:04:55bucks $160 or so all of this could be
- 00:04:58really good um seems like a good setup
- 00:05:00to me on some decent volume here coming
- 00:05:03in at the end of
- 00:05:04September uh anything else worth
- 00:05:07mentioning um datawise we got long
- 00:05:11volume actually coming in 60% long
- 00:05:13volume only 40% short volume good to see
- 00:05:17as usual xrt has not updated their
- 00:05:21outstanding shares it's always like the
- 00:05:25very very they do it like very very last
- 00:05:27thing but it had been on some Redemption
- 00:05:29here down to to from a pretty high
- 00:05:31number of shares down to a pretty low
- 00:05:33number of shares I've never seen an ETF
- 00:05:36vary their number of Holdings or
- 00:05:38outstanding shares so much from dayto
- 00:05:41day all these other ones
- 00:05:43barely like change like a couple per a
- 00:05:46month this one's changing like 100% a
- 00:05:49month it's crazy so we are now uh
- 00:05:52creating xrt or um other ETFs so we went
- 00:05:57through a really quick as expected
- 00:05:59Redemption cycle and now we're moving
- 00:06:01into back into creation so click this
- 00:06:04guy
- 00:06:07here so flipping back up into some
- 00:06:09creation we'll see what xrt does these
- 00:06:12can either Trend together or counter um
- 00:06:16move so right now they're moving
- 00:06:17together xrt and the other ones you can
- 00:06:20see here someone mentioned that GameStop
- 00:06:22screen on the daily 5 day the 3 month
- 00:06:26the 6 month year to date one year 5 year
- 00:06:29kind of cool I guess but uh most
- 00:06:30important to me it looked a lot better
- 00:06:33yesterday but we had this really nice
- 00:06:35Thumper formation maybe we could see it
- 00:06:37here on the
- 00:06:405day yeah it's going like Thump Thump
- 00:06:43Thump Thump Thump Thump Thump all along
- 00:06:45here the uh lows are getting
- 00:06:49higher and the highs were getting kind
- 00:06:52of lower except we had that big move in
- 00:06:55the morning is early early uh part of
- 00:06:58the trading day
- 00:07:00big move and then yeah ended up green so
- 00:07:04exciting to see GameStop doing things
- 00:07:06and the most exciting measure of the day
- 00:07:09is the Len pool depleting very quickly
- 00:07:13cost to borrow has not moved but down to
- 00:07:16a quarter million shares available
- 00:07:19after after 140 million shares sold by
- 00:07:23the company over the last 3 months and
- 00:07:2520 million just like a week ago so look
- 00:07:29at this lend pool getting depleted
- 00:07:31really really quick that's great that's
- 00:07:33really exciting to see uh if somebody
- 00:07:36forc delivery of a lot of shares by
- 00:07:38having us end max pain or end above max
- 00:07:41pain they could be borrowing desperately
- 00:07:44to make sure that they can you know
- 00:07:46deliver shares in the short term and
- 00:07:48they're going to have to go out and get
- 00:07:49those shares so to me all this is
- 00:07:51telling you know that's a lot of data
- 00:07:53people are like all right you're just
- 00:07:54talking about numbers constantly what's
- 00:07:55going on here it it tells me we're
- 00:07:58seeing long interest coming on the stock
- 00:08:01which is on here
- 00:08:05somewhere
- 00:08:08um so I'm looking forward
- 00:08:12to eventually GameStop becoming a media
- 00:08:15darling as long interest grows but I've
- 00:08:19always been saying for the last year and
- 00:08:20a half or longer once Longs an
- 00:08:23institution start to Pile in on this
- 00:08:25thing that's when you're going to see it
- 00:08:27melt up and go crazy because households
- 00:08:30already got such a big stake in it and
- 00:08:33you can go back to this chart this is
- 00:08:35like the chart I always like the most
- 00:08:39well I like a lot of charts like
- 00:08:42addicted to graphs but this one is great
- 00:08:45it shows that back before the sneeze
- 00:08:49institutional Holdings were over
- 00:08:52100% because back then there were only
- 00:08:5565 million shares of GameStop and
- 00:08:57institutions owned like all of them plus
- 00:09:00more how's that possible because the
- 00:09:02short interest was so high right so they
- 00:09:06owned institutions had just continued to
- 00:09:08buy and buy and buy and then they
- 00:09:10started to sell into the sneeze and they
- 00:09:12sold a lot in 2021 so why did the price
- 00:09:16go down well they shorted It Off The Top
- 00:09:18This is a conversation that we'll have
- 00:09:19later in the video too uh people are
- 00:09:21like yeah Newton's ignoring the fact
- 00:09:23that in uh short sellers sold the top
- 00:09:25too for uh 2021 and 2022 no Institution
- 00:09:29were selling the top so institutional
- 00:09:31Holdings Dro down dramatically and you
- 00:09:33can see they only blip back up but check
- 00:09:35this out this is the this is the stock
- 00:09:38dividend split you guys and it goes
- 00:09:40literally here to here it does a Forex
- 00:09:43from 20 million shares held by
- 00:09:45institutions up to 80 or so million
- 00:09:47shares held by institutions institutions
- 00:09:49didn't buy 60 million shares their
- 00:09:51shares were split because this is none
- 00:09:53of this is split adjusted all right so
- 00:09:55really institutions just kept their
- 00:09:58Holdings the same very depleted Holdings
- 00:10:00really cuz it's 20 million out of the 80
- 00:10:03million or so shares at this point in
- 00:10:05time uh so basically institutions owning
- 00:10:07from 100% of the company down to 25 or
- 00:10:10so% of the company up to 80 million out
- 00:10:14of 3 and some odd million shares 320 odd
- 00:10:17million shares still 25% of the company
- 00:10:20they didn't really increase their
- 00:10:20Holdings here they only barely started
- 00:10:23to nibble in the last two years so this
- 00:10:26has caused price to be extremely
- 00:10:28suppressed because the only people
- 00:10:30supporting the price of GameStop over
- 00:10:33the last 3 or 4 years has been household
- 00:10:37uh all the ETFs and mutual funds are
- 00:10:39likely completely looted dry
- 00:10:41institutions have sold everything
- 00:10:43everyone's basically thought GameStop
- 00:10:45was going way back down into the dirt
- 00:10:47and they're all short or at zero on
- 00:10:50their GameStop positions and when they
- 00:10:52finally want to have their Holdings go
- 00:10:53way back up you know I doubt they'll go
- 00:10:55over over 100% right but if they want to
- 00:10:59have their Holdings go from 80 million
- 00:11:01or 90 million shares of
- 00:11:03GameStop back up to representing a
- 00:11:06substantial portion of the outstanding
- 00:11:07this is a tiny bit of outstanding right
- 00:11:09now what is this if this is at 95
- 00:11:13million shares out of the outstanding of
- 00:11:16446 they're at 21% household owns all
- 00:11:20the rest that's what I was saying in
- 00:11:21yesterday's video too if they want to
- 00:11:23see their ownership go up to like 70%
- 00:11:26like it is on most stocks you know
- 00:11:27institutions and ETFs and mut funds or
- 00:11:3080% right they they got big buying to do
- 00:11:33they need to get up to like 350 million
- 00:11:35shares a GameStop 360 million shares
- 00:11:38right they only own 95 they got to buy
- 00:11:41like a quarter billion shares of
- 00:11:43GameStop to get their ownership back up
- 00:11:44to where it was before you got to split
- 00:11:46adjust this whole thing mentally all
- 00:11:47right so this graph is extremely
- 00:11:50exciting to me could we see that
- 00:11:52happening it seems awfully convenient to
- 00:11:54me that repeatedly the stock is being
- 00:11:57jammed up um on options expiry forcing a
- 00:12:02lot of like near the money options calls
- 00:12:05into the money um big volume so what a
- 00:12:08what a way to do it if you wanted to get
- 00:12:11leverage buying over time this is me
- 00:12:13just Theory crafting here but let's say
- 00:12:15each of these is a week so here's a week
- 00:12:19here's a week here's a week here's a
- 00:12:21week all right and then now you're
- 00:12:24looking at oops let me do this so this
- 00:12:26is a week of options xpres or a month
- 00:12:30here's another month and then you'd have
- 00:12:32another month after that and so forth
- 00:12:34like let's say you build into a position
- 00:12:37on options that are near the money
- 00:12:39because you're wanting to get leverage
- 00:12:40you're wanting to ensure a certain price
- 00:12:42you're not going out and buying onto the
- 00:12:44market um what do you do let's say it
- 00:12:47was this week right you buy a bunch of
- 00:12:49calls right and at the end of the week
- 00:12:53boom you put in a big order for some
- 00:12:54more calls for January so way down the
- 00:12:56road now you're building a call position
- 00:12:58out here here it blips the price up in
- 00:13:00the short term all these now go into the
- 00:13:02money you get delivery of those shares
- 00:13:04and then the next week you do the same
- 00:13:06thing get some calls that are in the
- 00:13:07money add to your position out here for
- 00:13:10January Boop flip the price up and then
- 00:13:13all of a sudden these all go in the
- 00:13:14money too and then the next week you do
- 00:13:16the same thing you build into a call
- 00:13:17call position in the short term build
- 00:13:19your call position in the long term put
- 00:13:21some upward pressure on the price
- 00:13:23because the options uh sellers are going
- 00:13:26to Delta hedge all these guys which we
- 00:13:28saw at the end of the day
- 00:13:29all these go in the money value town
- 00:13:31right so you're getting um you know
- 00:13:34cheap exposure to GameStop out here but
- 00:13:38you're ensuring through your playing of
- 00:13:40short-term options and then long-term
- 00:13:42options that you're getting uh a good
- 00:13:46deal on the stock and you're you're
- 00:13:49applying pressure across the chain if
- 00:13:51you just go out and buy millions of
- 00:13:53shares in the immediate term which could
- 00:13:55have happened right
- 00:13:56here on last week on Friday
- 00:14:00um you're going to you're going to like
- 00:14:02basically terrify everybody and run the
- 00:14:04price up too strongly and then the price
- 00:14:05is going to come back down right so
- 00:14:07instead you could just do it
- 00:14:08incrementally week after week after week
- 00:14:10so that's in theory um Longs could be
- 00:14:13building in um institutions are going to
- 00:14:15have to have to crowd this space like
- 00:14:18we've already crowded it um household
- 00:14:20investors and since most household
- 00:14:22investors are super priced and sensitive
- 00:14:24they're like no I'm not going to sell
- 00:14:25here at
- 00:14:26$22 where institution is going to get
- 00:14:29shares from market makers and so forth
- 00:14:31right are going to have to provide that
- 00:14:33liquidity and then you're going to see
- 00:14:35them like really struggle with this
- 00:14:36thing could be exciting anyway so uh
- 00:14:38that's my thought on the price action
- 00:14:41this week very exciting to see this
- 00:14:42Thumper P pattern happening um and and
- 00:14:45see the cost to borrow not move but the
- 00:14:47available shares deplete out and um this
- 00:14:50is when I think the stock gets the most
- 00:14:52volatile because they can't just
- 00:14:53immediately borrow and um suppress
- 00:14:57action in the short term I don't think
- 00:14:58there was anything anything else I
- 00:14:59noticed long volume is good xrt still
- 00:15:03hasn't reported probably won't until
- 00:15:05Monday morning so weird I don't know
- 00:15:07what's up with that and then Kitty's
- 00:15:08charts all looking really good so again
- 00:15:11I only really look at RSI in the 15 now
- 00:15:14but not looking too crazy even with some
- 00:15:16big price move um you know slow slow
- 00:15:19steady price movement rsis just chilling
- 00:15:22in the midline on a lot of our graphs
- 00:15:24here I think that's really good I think
- 00:15:26that's really really good to see price
- 00:15:27move in RSI stay pretty steady not like
- 00:15:30move too much to one side or the other
- 00:15:33and then we're seeing um down here on
- 00:15:36like our five trigger chart here I love
- 00:15:38this chart um maybe this is my favorite
- 00:15:41chart I mean look how many you got five
- 00:15:42charts in one how can it not be your
- 00:15:44favorite anyway so we got macd in green
- 00:15:46great is this a trigger getting awfully
- 00:15:50close price is above it now too so we're
- 00:15:52going to say this one's triggered that
- 00:15:53one's triggered this one's close this
- 00:15:55one's like a half trigger because it's
- 00:15:57moved over the yellow but not over the
- 00:15:59blue so we're at what 3 and 1 half
- 00:16:00triggers out of the five that's pretty
- 00:16:03good um but it can reverse really
- 00:16:05quickly too but you can see the whole
- 00:16:07thing tight triangle here on everything
- 00:16:11so excited about that and we're seeing
- 00:16:14utilization here up a little bit but
- 00:16:16chilling and options pricing is actually
- 00:16:20still saying a little bit of little bit
- 00:16:23expensive compared to like back earlier
- 00:16:25this year so this would be like
- 00:16:26additional evidence towards this theory
- 00:16:28that like Longs could be steadily
- 00:16:30nibbling in through call Action doing it
- 00:16:32on the short term and then pressuring
- 00:16:34with the long-term calls for January
- 00:16:37with leaps theoretically and then I do
- 00:16:39want to return back to this Rex code
- 00:16:41thing I think a lot of these have some
- 00:16:43um potential for having been used
- 00:16:46especially obviously 68 if someone's
- 00:16:49deficient on their
- 00:16:50margin then they get 15 business days or
- 00:16:5314 calendar 14 calendar days I think
- 00:16:56that's totally reasonable but there's
- 00:16:57other ones and I want to look into the
- 00:16:59more closely but I just honestly have
- 00:17:00not had the chance um a couple posts to
- 00:17:03go over here really quick here yeah this
- 00:17:06one so um I had had this on the chart we
- 00:17:10are officially at did I take it off the
- 00:17:12chart for some
- 00:17:14reason I don't know why it would have
- 00:17:16come off the chart but basically this is
- 00:17:18officially Ryan Cohen
- 00:17:23um Oney year
- 00:17:26anniversary of being CEO
- 00:17:29and I just wanted to
- 00:17:31revisit like do a real quick year in
- 00:17:34review because he had said um in the
- 00:17:38interview with the DRS gme folks or um
- 00:17:41gme DD folks I think it was who they
- 00:17:43then ended up hiring which I think is
- 00:17:45super cool they're social media person
- 00:17:47it seems like they're doing a really
- 00:17:48good job super engaged with the
- 00:17:49community meming and so forth I don't
- 00:17:52know if their memes can compete with
- 00:17:54mine but they're doing a good job and uh
- 00:17:58so after after a year what has Ryan coh
- 00:18:01accomplished stockwise so we go back to
- 00:18:03when he became
- 00:18:06CEO that would have been right back here
- 00:18:09so the day prior we could do that or
- 00:18:14when was it announced was it
- 00:18:18announced I guess it doesn't matter
- 00:18:20stock was basically $17 if you average
- 00:18:23the two days so stock was at $17 a
- 00:18:27share um
- 00:18:31um yeah it was moving down pretty
- 00:18:34strongly at this point
- 00:18:36because it had been like in the 20s
- 00:18:39prior in the months to come it would
- 00:18:42drop all the way down into the 11
- 00:18:46range right back here 1191 hit a low of
- 00:18:521183 two months after he became
- 00:18:55CEO had a nice little December action
- 00:18:58here
- 00:18:59and then went all the way down to $10
- 00:19:01but we're a year out now stock is now $4
- 00:19:06up four or5 up from where he became CEO
- 00:19:10so that's an improvement I you can't
- 00:19:11like attribute everything to him
- 00:19:14obviously but let's go closing day today
- 00:19:16onee delta T plus whatever
- 00:19:20so there's our closing price here and
- 00:19:24then
- 00:19:25CEO back here we'll just call it 6
- 00:19:321684 so stock price is up
- 00:19:3533% that's
- 00:19:39good company has $4.6 billion in cash it
- 00:19:43used to have like 1 billion so we've got
- 00:19:48like a 4,000% increase is that right no
- 00:19:51a 46% increase I don't know um just
- 00:19:54subtract one 3.6 billion increase in
- 00:19:58cash value can actually go look at the
- 00:20:00little cash chart here so here we
- 00:20:03were Ryan Cohen becomes CEO back in
- 00:20:07here uh no it's not right back in
- 00:20:12here so here's Ryan Cohen becoming CEO
- 00:20:16stock price moving down little blip up
- 00:20:19for a while moves way down and then now
- 00:20:21we're way up here so overall market cap
- 00:20:23has moved from when he became CEO to
- 00:20:25about 5 billion to about 10 billion
- 00:20:29is that right yeah there's more shares
- 00:20:31that's actually interesting to think
- 00:20:32about so stock price is up 33% market
- 00:20:35caps up 100% because of all the new
- 00:20:38shares uh operational value is way up
- 00:20:42over 5 billion now 5.5 billion is what
- 00:20:44the operations being basically valued at
- 00:20:46if you if you take away all the cash so
- 00:20:49that's significant and we've got this
- 00:20:51gigantic cash horde and we've got Ryan
- 00:20:54Cohen what they should have drawn was
- 00:20:56Ryan k s sitting on a big old pile of
- 00:20:58money
- 00:21:01and we've got all this stuff happening
- 00:21:03with like PSA graded cards mod retro um
- 00:21:08collaboration uh I'm excited honestly
- 00:21:12there is an incredible amount of hate
- 00:21:13for Ryan Coen going on right now um and
- 00:21:17I had said in a video he's kind of
- 00:21:19becoming the villain I I wasn't say I
- 00:21:21think people like hear me say things and
- 00:21:23I'm like I didn't really say that I said
- 00:21:25he's quickly becoming the villain and I
- 00:21:27could rank him down to a b here just cuz
- 00:21:29that he hasn't bought any shares come on
- 00:21:30ran con buy some shares um I'm never
- 00:21:34telling anyone what to do with their
- 00:21:35money don't buy GameStop unless you're
- 00:21:37Ryan Cohen or Michael bur or uh wolf you
- 00:21:42guys got to buy some shares come on or
- 00:21:43um Mark cubin come on Mark Cuban um what
- 00:21:47was I saying there I don't
- 00:21:50know I'm just having fun this morning
- 00:21:52drinking my coffee pontificating about
- 00:21:55GameStop as usual living the best life
- 00:21:58of all time
- 00:22:01um or the best day of all time I don't
- 00:22:02know about the best life definitely
- 00:22:04pretty
- 00:22:05content get to follow the story so look
- 00:22:08at that look at that cheeky grin anyway
- 00:22:11uh I don't know what I'm talking about
- 00:22:12right now um let's go Ryan Cohen I'm
- 00:22:15excited like I'm just Juiced like this
- 00:22:19story
- 00:22:20um this story is amazing um and I have
- 00:22:24to say this if you're bored um you can
- 00:22:29write a petition so I will link this
- 00:22:32this is this is going in the description
- 00:22:34so please continue to raise your voices
- 00:22:37to the powers that be your political
- 00:22:39Representatives uh the doj the FBI local
- 00:22:42local is good local SEC Branch offices
- 00:22:45they get stuff done um because they're
- 00:22:47not yet known well enough by the
- 00:22:50industry to have their claws on them so
- 00:22:51they're actually probably going out and
- 00:22:53doing real work it's all the people in
- 00:22:54Washington that are going to be like oh
- 00:22:56we can't look into this that's that's
- 00:22:59too risky um that could end my career if
- 00:23:01I look into this the people that don't
- 00:23:03know any better at the local offices
- 00:23:05like oh yeah this looks like crime let's
- 00:23:07go after it like actually doing their
- 00:23:09jobs um anyway um this is great I I had
- 00:23:13mentioned on the video you know
- 00:23:15PlayStation is doing this limited 30th
- 00:23:17edition run and I was like you know the
- 00:23:19scalpers and stuff are just going to
- 00:23:20grab them all and looks like they're
- 00:23:21working on clawing them all back and
- 00:23:23people said the thing that I was
- 00:23:24thinking right away they should just
- 00:23:26make it so any of these exclus
- 00:23:28exclusives just make it so Pros members
- 00:23:31uh can put one in their cart to begin
- 00:23:33with for like a little bit you know just
- 00:23:36guarantee them to Pros first if you want
- 00:23:38to create sticky customers and you want
- 00:23:40to have value and this is an issue that
- 00:23:43that would be a really good thing to do
- 00:23:44it would show that you really care about
- 00:23:47your uh customers over uh profit profits
- 00:23:51right and I think that that's what Ryan
- 00:23:52Cohen did with Chewy um and this is
- 00:23:54something the community is Big about so
- 00:23:56I would say that would be a cool really
- 00:23:58cool move by GameStop then also all
- 00:24:00these scalpers are going to buy a bunch
- 00:24:01of pro members uh Pro memberships which
- 00:24:04is good anyway so um excited to see that
- 00:24:07kind of action uh by the company that's
- 00:24:10how they got to put their um change
- 00:24:12their reputation which I think is
- 00:24:15improving with how um good of deals you
- 00:24:18can get a GameStop now on your tradeing
- 00:24:21stuff because that was been like a
- 00:24:22laughing or a joke running joke for a
- 00:24:24long time that GameStop gives you
- 00:24:25terrible trade in value but they can
- 00:24:28work on that image by doing things like
- 00:24:29this and improving trade in value this
- 00:24:32is a big deal so I have here on the
- 00:24:34bearish side that GameStop and Ryan
- 00:24:37Cohen I don't think GameStop currently
- 00:24:40is under any kind of or in any kind of
- 00:24:43um lawsuit but Ryan Cohen is and I'm not
- 00:24:47sure which one I'm going to have to get
- 00:24:49rid of here so New York has sued roaring
- 00:24:51Kitty Massachusetts at Su Roar and kitty
- 00:24:54there was like some kind of like
- 00:24:56supposed class action one where someone
- 00:24:58had a small number of shares and calls
- 00:25:00that sued Rory and kitty I think that
- 00:25:01one was dropped I haven't heard anything
- 00:25:02about these two I don't know if this is
- 00:25:04the DK butterfly one but I'll cross it
- 00:25:06out for now so you got all these
- 00:25:09lawsuits that slow everything down
- 00:25:11especially everybody that's very very
- 00:25:12hopeful for like some kind of merger or
- 00:25:15acquisition type thing to happen which
- 00:25:18of course I'm very excited about I just
- 00:25:19don't talk about it because to be honest
- 00:25:21I'm going to stick with stuff that like
- 00:25:23has fairly solid evidence or at least
- 00:25:26seems
- 00:25:29um you know reasonably plausible I would
- 00:25:33say like you know an occasional 4chan
- 00:25:34post which I know upset a ton of people
- 00:25:37he's like he's posting something from
- 00:25:38forchan and he's investigating it how
- 00:25:41dare
- 00:25:42he like I don't know seemed good credit
- 00:25:45Swiss buying calls that seemed great
- 00:25:47someone else is buying calls here though
- 00:25:49related so uh tons of January calls
- 00:25:52pouring in at the end of the day why
- 00:25:54would they do this like why would you
- 00:25:57buy all these calls all at once like
- 00:25:58this you know anyone that cares about
- 00:26:00the price of the stock in the short term
- 00:26:02and wants to keep it down um would
- 00:26:04trickle in these trades someone wanted
- 00:26:06to get a bunch of
- 00:26:08Leverage um and pump the price of the
- 00:26:10stock at the end of the day for some
- 00:26:11reason so why would they do that but
- 00:26:13that's cool I don't know half the words
- 00:26:15in this post but here's unusual whales
- 00:26:18basically talking about huge premium
- 00:26:20coming in on the ask side so people are
- 00:26:23buying I don't know what all this means
- 00:26:25or this um it's bullish I know what that
- 00:26:28or
- 00:26:29dark pool volume blips up and then we
- 00:26:31see available shares most important
- 00:26:34blips down upon all this action so that
- 00:26:37seems good um got some charts love
- 00:26:41charts yeah so um you know I'm just
- 00:26:45excited I don't ever trade options
- 00:26:47because I'm just like I don't know it's
- 00:26:49like so I'm so risk adverse it's like I
- 00:26:52know I got shares options just stress me
- 00:26:55out just by even thinking about it like
- 00:26:56the fact that you could just get wiped
- 00:26:57out
- 00:26:58if if for some reason you know whoever's
- 00:27:03on the other side of this trade just
- 00:27:04decides you know we're not messing
- 00:27:07around for a while we're just going to
- 00:27:08jam this thing down for the next 6
- 00:27:09months it's like oh like I don't know so
- 00:27:12it just worries me because this is
- 00:27:13always something that could happen um or
- 00:27:17this right so I never know what's going
- 00:27:19to happen so I'm just like yeah just
- 00:27:20pick up shares don't worry about it um
- 00:27:24and then I like this because in the
- 00:27:25video I posted yesterday I talked about
- 00:27:28various ways it could be short I said
- 00:27:29shorts puts they could short ETFs they
- 00:27:32could borrow from ETFs and mutual funds
- 00:27:34all these different routes that were
- 00:27:36like basically I put all the legit ones
- 00:27:38on there and then I didn't talk about
- 00:27:40strategic failing to deliver that's a
- 00:27:42strategy could be huge lots of short
- 00:27:44interest there or uh naked shorting
- 00:27:46which is kind of the same thing in a way
- 00:27:48um or illegal short selling right which
- 00:27:51naked Short Selling would be um and it's
- 00:27:54like for years now we've been told no
- 00:27:56that's not a thing that's not real and
- 00:27:57it's like here's Korea literally saying
- 00:27:59oh you're going to be faced with maximum
- 00:28:02life sentences if you're doing this
- 00:28:04practice it's like why would all these
- 00:28:05countries be coming out so strongly
- 00:28:07against it if it's like a phantom if it
- 00:28:09doesn't really exist no it exists Bernie
- 00:28:12Madoff was doing it um others have been
- 00:28:15fined repeatedly for doing it um so if
- 00:28:19you are honestly able to synthetically
- 00:28:22just like create volume and sell
- 00:28:25something you don't own it would be
- 00:28:27extremely tempting ing to just do it
- 00:28:29just be like this company's going into
- 00:28:30chapter 11 let's just print 10 million
- 00:28:32shares make a quick 20 million bucks on
- 00:28:34this thing and not worry about it right
- 00:28:36like that's super tempting and I'm sure
- 00:28:39they got their hand caught in the cookie
- 00:28:41jar on GameStop and now that hand is
- 00:28:43stuck and they're just bleeding that was
- 00:28:45my whole thesis from yesterday love to
- 00:28:47see this people just supporting the
- 00:28:49company buying a ridiculous amount of
- 00:28:51these trading cards I was thinking this
- 00:28:52is pretty clever too because people are
- 00:28:54Ultra bullish on bitcoin and things in
- 00:28:56particular so so like Legacy packs
- 00:29:00original like first edition packs of M
- 00:29:02Magic the Gathering card or Pokémon
- 00:29:04where one booster could go for
- 00:29:06ridiculous thousands of dollars right if
- 00:29:08you know it's sealed you know it's legit
- 00:29:10people are like well I could get a black
- 00:29:12lotus in there I could get an original
- 00:29:15uh Hollow Charizard right if you could
- 00:29:17pull a full Bitcoin out of one of these
- 00:29:20packs in the years to come these things
- 00:29:22could increase in value if Bitcoin keeps
- 00:29:24going up in value long term which a lot
- 00:29:27of people very much believe in so you
- 00:29:28can just keep sealed packs of these
- 00:29:29around and these things could just soar
- 00:29:31in value so really clever here um I
- 00:29:35don't know is there even a a game
- 00:29:37associated with it the reason I'm
- 00:29:38collecting Pokemon for me is not
- 00:29:40value um I just love playing the game
- 00:29:43with my daughter and seeing her learn
- 00:29:45and win and stuff but sometimes it's fun
- 00:29:48to beat her too so uh so that's
- 00:29:50enjoyable but uh if you can't play a
- 00:29:52game with these it's like I don't know
- 00:29:53if I would collect them personally um
- 00:29:56but I can see why people do an are
- 00:29:58uh and then this is worth mentioning I
- 00:30:00had someone Reach Out same person that
- 00:30:03um sent me this coffee from Hawaii so
- 00:30:05thank you again for the Hawaii Coffee um
- 00:30:07and they said their Schwab account is
- 00:30:09showing 300% margin to short GameStop
- 00:30:12and this person's margin account just
- 00:30:14went up on shorting GameStop why would
- 00:30:16they be so worried right well Len pool's
- 00:30:18depleting Oh no just lost a
- 00:30:22tab so Len pool is depleting here um and
- 00:30:25they're increasing the margin rate on
- 00:30:27GameStop that's bullish right and Thomas
- 00:30:29pedre had said the way that they could
- 00:30:31slow or prevent this situation from
- 00:30:34repeating itself would be to do
- 00:30:35something like this as it becomes harder
- 00:30:38to borrow stock the borrow rate needs to
- 00:30:41move out dynamically margin rates need
- 00:30:44to move up dynamically to prevent short
- 00:30:46squeezes that are explosive and and like
- 00:30:49potentially disastrous for the market he
- 00:30:50said that in his interview on I believe
- 00:30:53CNBC so if they started to put that in
- 00:30:55place this would be another good signal
- 00:30:57to look at is what the dynamic margin
- 00:30:59rate is on short and GameStop um because
- 00:31:03the the system itself wants to prevent
- 00:31:05risk right so if they're seeing risk on
- 00:31:07right now I'm excited because that means
- 00:31:09something could happen to the upside
- 00:31:11we're going to end the video here I saw
- 00:31:12that this was posted on super I was like
- 00:31:14that that's cool that graph looks legit
- 00:31:16I love graphs and then I was like oh
- 00:31:17that's my graph so uh someone clipped
- 00:31:20the video which I thought was cool took
- 00:31:22my face out of there which was nice to
- 00:31:23see um and I just wanted to go through a
- 00:31:25couple things cuz I saw someone posted
- 00:31:27something thing I'll get to it but um I
- 00:31:30was 100% before we even knew who this
- 00:31:31guy was I was too that's funny um so
- 00:31:36I've been making videos though for
- 00:31:37people that are new on GameStop since 84
- 00:31:41years
- 00:31:42ago
- 00:31:44um let's see where do you go in here
- 00:31:51analytics yeah so we'll go lifetime here
- 00:31:54so first videos started making them back
- 00:31:57back in like the beginning of 2022 so I
- 00:32:01was like a year of just like kind of
- 00:32:02being
- 00:32:04um just what do you call it lurking on
- 00:32:06forums and just watching the whole thing
- 00:32:08happen and I got really interested in in
- 00:32:10building like an Excel and sharing what
- 00:32:12I was doing back here and then started
- 00:32:14making nfts and doing different things
- 00:32:16here and then I've just been like
- 00:32:18finding a lot of joy and waking up in
- 00:32:20the morning talking about GameStop
- 00:32:21drinking coffee and whatnot uh opening
- 00:32:24Pokemon and yeah so I haven't been here
- 00:32:27on the channel since the beginning but
- 00:32:28been here for a long time and um I'm not
- 00:32:31doing any of it to like get famous or
- 00:32:34anything like uh I don't have a Reddit
- 00:32:37account I my only social media is
- 00:32:40Twitter which looks like this for people
- 00:32:43that are like are you on Twitter because
- 00:32:45people that does come up U I am so it's
- 00:32:48R Newton
- 00:32:497777 and I post a bible message every
- 00:32:53morning so after I drink my coffee talk
- 00:32:55about Pokemon on GameStop I read the
- 00:32:58Bible so I've got that right
- 00:33:00here and then I make a Bible post here
- 00:33:03and then I put it on my website too and
- 00:33:05on the
- 00:33:06website so here's the nfts we were
- 00:33:09making last year and the year before um
- 00:33:12I post it and I post it with some
- 00:33:14commentary so this is like my Daily
- 00:33:17Journal and then just the verse goes out
- 00:33:20onto
- 00:33:21Twitter and then I take a screenshot of
- 00:33:23this on my cell phone and I send it to
- 00:33:25all the people in my life that I'm
- 00:33:26really close with
- 00:33:28um so it's like 120 people at this point
- 00:33:31or something like that so that's like my
- 00:33:33daily routine um just like connecting
- 00:33:35with people encouraging people through
- 00:33:37the YouTube channel and then um and then
- 00:33:41through my my Twitter kind of Journal
- 00:33:43thing and my website um there is one
- 00:33:47thing I wanted to mention here is
- 00:33:48someone said um I wouldn't want to be in
- 00:33:51a movie I was actually hit up to be in
- 00:33:53that um that that uh documentary that
- 00:33:57just came out I don't even know what
- 00:33:58it's called I didn't watch it um and I
- 00:34:00told him no I was just like n I'm I'm
- 00:34:03just doing my own thing here I'm just
- 00:34:04following along I'm not famous or
- 00:34:05anything um apparently there's ads for
- 00:34:08Robin Hood on this channel I can't stop
- 00:34:11that I don't know I've monetized the
- 00:34:13channel uh because all this I I like
- 00:34:17donating and this is just allowing me to
- 00:34:20donate a ton more money than I can
- 00:34:21usually donate so it's super cool um and
- 00:34:25I figure like why not just turn on
- 00:34:26monetization then I do have to pay taxes
- 00:34:28on the earnings uh but then I just
- 00:34:31whatever just donate it all anyway um
- 00:34:34and then I like this people are adding
- 00:34:36some data to the discussion so short
- 00:34:38interest went bananas in late 2020 they
- 00:34:41were probably borrowing like crazy to
- 00:34:43hedge all the calls because so much of
- 00:34:45those calls just kept going in the money
- 00:34:47over and over again again as Thomas
- 00:34:49perrey talked about um this is what I'm
- 00:34:51about just like tell people like this
- 00:34:53story is amazing and this person got
- 00:34:56concerned cuz I said t plus 400 I was
- 00:34:57kind of joking but the next console
- 00:35:00cycle should be should be out here in
- 00:35:062027 hopefully um and the console Cycles
- 00:35:09have just historically been huge for
- 00:35:11GameStop we can see long form graph
- 00:35:13which I've got where is the longest form
- 00:35:16one I'll just go look at this guy so you
- 00:35:19can
- 00:35:21see um console
- 00:35:24cycle uh PlayStation 3 PlayStation for
- 00:35:28PlayStation 5 huge so PlayStation 6
- 00:35:32isn't even that far away and look at the
- 00:35:34response like you know institutions and
- 00:35:37so for they want a chunk of GameStop
- 00:35:38going into his console cycle so that's
- 00:35:40why I was talking about that part there
- 00:35:42do you guys really have yeah pretty much
- 00:35:45and then um I like this post so isn't it
- 00:35:49a little intellectually dishonest not to
- 00:35:50mention that it's not like the old
- 00:35:52shorts just sitting paying rent and
- 00:35:53doing nothing else they shorted again at
- 00:35:55the top of the sneeze yep uh but but you
- 00:35:58got to think about the volume and I
- 00:35:59don't know a good way to do this um and
- 00:36:02then they would have kept shorting it at
- 00:36:03the top over and over again and I had
- 00:36:04said that exact thing in the video I
- 00:36:07think it's right here so I didn't ignore
- 00:36:09that part I made sure to talk about that
- 00:36:10part it's like right
- 00:36:13um here where I was filling in they
- 00:36:16could have been shorting all up here but
- 00:36:18here's something also to think about
- 00:36:20again going to that long form graph I'm
- 00:36:22not going to have like a way to do this
- 00:36:23very well mathematically but let's just
- 00:36:26think this stock has never been higher
- 00:36:31um than where it is today except during
- 00:36:33a very brief window of time really
- 00:36:36because if they've been shorting this
- 00:36:37thing since 2014 or 2017 or longer and
- 00:36:41they've just been holding a lot of
- 00:36:42shorts or rolling them or paying rent on
- 00:36:44them so you've only got this period of
- 00:36:47time and the volume here is tiny
- 00:36:51compared to the volume all back here
- 00:36:53absolutely tiny the float was turning
- 00:36:54over so frequently back in here but
- 00:36:57here's something as well to think about
- 00:37:00I've talked about cost to borrow in fact
- 00:37:02I keep it open right here so this person
- 00:37:04always shows cost to borrow and here it
- 00:37:07is in green right so immediately after
- 00:37:10the sneeze cost to borrow went way way
- 00:37:11down and right now cost to borrows
- 00:37:14really low but cost of borrow has been
- 00:37:16very high for long periods of time back
- 00:37:17here so rent is not negligible and rent
- 00:37:21adds to your cost basis if you're a
- 00:37:22short seller so let's do something like
- 00:37:24this so what I was thinking about this
- 00:37:26morning
- 00:37:29as I was laying in bed debating whether
- 00:37:30or not to get up I was like you know I'm
- 00:37:32already thinking about GameStop let's
- 00:37:34just make a video about GameStop too
- 00:37:36while we're at it is um the current
- 00:37:39share price is
- 00:37:41here and I said anyone below this line
- 00:37:44is underwater but really what this line
- 00:37:47does is it moves like
- 00:37:51this because the older oops to do that
- 00:37:56the older your
- 00:37:59short the more rent you paid on it over
- 00:38:01time and there were key periods in time
- 00:38:03you can just look at the graph right
- 00:38:04here when rent was really high on these
- 00:38:07shares especially 2022 so back in here
- 00:38:11cost to borrow blipped up really
- 00:38:14strongly coincidentally that's when
- 00:38:17credit Swiss blew up right and then back
- 00:38:20in here cost to borrow was extremely
- 00:38:23high too so if you were holding shorts
- 00:38:26from back here and let's say you short
- 00:38:27it at
- 00:38:28$5 right well today you've now been if
- 00:38:31you've been holding this short and you
- 00:38:33were short back here at like $5 right
- 00:38:36here right your true cost basis though
- 00:38:40keep kept Rising every time you poured
- 00:38:42some more rent into that short to hold
- 00:38:44it and there were long segments here
- 00:38:46where this thing was 30 40% cost to
- 00:38:50borrow right um or if you were holding a
- 00:38:52position via puts or swaps you've been
- 00:38:56paying in rent so so realistically I
- 00:38:58don't know how exactly to model this
- 00:39:01second line this blue one but it makes
- 00:39:04the volume of shorts that they could
- 00:39:06have entered at these recent tops even
- 00:39:10smaller that's really my thought here
- 00:39:12cuz the person's basically saying he's
- 00:39:13not mentioning the recent shorts that
- 00:39:16offset the Legacy shorts and it's like
- 00:39:19no I did I talked about that they
- 00:39:20probably just didn't listen long enough
- 00:39:21to hear it which is fine because my my
- 00:39:24videos like this one go way too long um
- 00:39:26cuz I'm just kind of talking to myself
- 00:39:27but there was a really good video that
- 00:39:30talked about they broke down essentially
- 00:39:33the the relationship is between these
- 00:39:35two it wasn't a video it was a DD old DD
- 00:39:38but they're basically were showing like
- 00:39:39this is a drop in the bucket compared to
- 00:39:41this and they did some mathematical
- 00:39:42analysis and basically show there's it
- 00:39:44also just adds more shares to their pile
- 00:39:47and what it does is it means that every
- 00:39:48new dollar change down here is
- 00:39:51devastating for them CU it not only does
- 00:39:54it make these ones even more underwater
- 00:39:57but but then these ones which are
- 00:39:58supposed to offset these ones are now
- 00:40:00underwater or less valuable right so
- 00:40:03what it does is if they did short the
- 00:40:05top back here to a tremendous degree it
- 00:40:07forces them into a Tighter and Tighter
- 00:40:09triangle so again if they did it again
- 00:40:10here now it's like every dollar of
- 00:40:12movement down here towards the end of
- 00:40:14this triangle or the end of the whole
- 00:40:16formation is they they need to just keep
- 00:40:19pouring more and more shorts into it and
- 00:40:21then someone asked a really good
- 00:40:22question they were like with the recent
- 00:40:23dilutions doesn't that mean that they
- 00:40:25need to even apply even more volume now
- 00:40:28into it and I'd say yeah absolutely and
- 00:40:30it's going to cause this thing to be
- 00:40:32Tighter and Tighter and Tighter because
- 00:40:33any tiny percent or dollar change down
- 00:40:36here now um affects these ones super
- 00:40:39strongly these Legacy ones devalues
- 00:40:42these ones really strongly and these are
- 00:40:43the ones helping them out keeping this
- 00:40:46part you know from blowing them up and
- 00:40:49it's like I think it's actually even
- 00:40:52more exciting that they piled in more
- 00:40:53shorts after the fact so I don't think
- 00:40:56it's intellectually Dishon at all I
- 00:40:58think it's exciting the fact that the
- 00:41:00only reason that they could be net
- 00:41:01positive on the whole situation is
- 00:41:03because they resorted it they hardly
- 00:41:04closed out anything how like you can't
- 00:41:08close out some shorts and open new
- 00:41:09shorts and say you closed out like no
- 00:41:11you entered more shorts you basically
- 00:41:13averaged their dollar cost averaging up
- 00:41:15with more shorting um and then this
- 00:41:18thing here they're concerned about this
- 00:41:197 to1 number I just threw out there and
- 00:41:22if they've been following the channel
- 00:41:23which they probably haven't because why
- 00:41:25would you why would you listen to some
- 00:41:26guy at 4: in the morning morning ramble
- 00:41:28endlessly about GameStop that would just
- 00:41:30be crazy to do but we've got the DRS tab
- 00:41:32here and we can see from our surveying
- 00:41:35the people that follow this channel
- 00:41:37which again have got to be crazy people
- 00:41:40um are um 40% on average DRS we've got
- 00:41:44that like right here trim DRS percent
- 00:41:4740% it's coming in like right here here
- 00:41:50it is percent DRS 40% so this is just
- 00:41:53like Fanatics following the channel
- 00:41:56responding to the survey typically um
- 00:41:58and again in real life I don't know
- 00:42:00anybody that even knows about DRS except
- 00:42:02well two know about it but aren't DRS
- 00:42:04right now so like basically what we're
- 00:42:08saying is you can extrapolate from this
- 00:42:10and say that means that like most people
- 00:42:12aren't DRS most shares held by household
- 00:42:14aren't like it just that's just the way
- 00:42:15it is they're trying to say they're
- 00:42:17asking this good question
- 00:42:20um is there any information that the DRS
- 00:42:23position doesn't represent the vast
- 00:42:24majority of all household gme holders
- 00:42:26yeah the fact that even people
- 00:42:28responding to the survey are 60% not DRS
- 00:42:30International people have a lot of
- 00:42:32trouble dsing a lot of people have
- 00:42:34shares in retirement accounts like I do
- 00:42:36that I'm not going to DRS right
- 00:42:40so yeah so and and I'm not saying that
- 00:42:42there's billions of shares out there I
- 00:42:44think that claim comes up a lot but I'm
- 00:42:46just saying they've shorted this thing
- 00:42:48like crazy I had my little um simulation
- 00:42:50I built too that basically showed this
- 00:42:54was back when the outstanding shares
- 00:42:56were was 3 6 back there and we were
- 00:42:59saying if the percent DRS was 22% back
- 00:43:02there which is like 1 and5 then that
- 00:43:04indicated a lot of naked short selling
- 00:43:07right there because you can see this is
- 00:43:09the nonfat this is institutions and
- 00:43:11insiders this is your DRS amount right
- 00:43:13here and this would be the rest all the
- 00:43:15other four shares that are in Brokers
- 00:43:17for every one share that's DRS and it
- 00:43:19goes way over the available float way
- 00:43:22over the short interest which at the
- 00:43:24time was higher and it's like into this
- 00:43:26no man's land which indicates the only
- 00:43:28way that that position can exist is with
- 00:43:30a naked share um supporting it somehow
- 00:43:33or a borrow from an ETF or a mutual fund
- 00:43:35I guess that would be possible too um so
- 00:43:38anyway I thought it was a great question
- 00:43:40and I liked how this person
- 00:43:44said
- 00:43:48um waiting for an answer to this one um
- 00:43:52you make excellent points that you won't
- 00:43:53receive any honest response to like well
- 00:43:57you know this is this uh whole channel
- 00:43:59is just a conversation um people bring
- 00:44:01up things all the
- 00:44:03time um I do think they play in the
- 00:44:05volatility what I'm actually more
- 00:44:07worried about in the picture here than
- 00:44:09them shorting the top I think them
- 00:44:10shorting the top is actually great
- 00:44:12because it's like yeah fight this by
- 00:44:14shorting it more that's exactly how they
- 00:44:16failed in late 2020 so if they keep
- 00:44:18doing it then that's like I think that's
- 00:44:21great that's more future buyers right
- 00:44:23just price needs to move up and blow
- 00:44:25them out again uh what I'm more conc
- 00:44:27concerned about is how much have they
- 00:44:28recouped on options premiums during all
- 00:44:31this because when they do that it takes
- 00:44:33this whole line and lowers their cost
- 00:44:35basis so every time they steal people's
- 00:44:39premiums by delaying settlement
- 00:44:43or um whatever they're doing right they
- 00:44:46can then claim that as a gain lower
- 00:44:50their cost basis they're selling call
- 00:44:52you know doing whatever they're doing um
- 00:44:54and that buys them more time on their
- 00:44:56accounts in theory so I would say that's
- 00:44:59probably more of what they're doing get
- 00:45:01people really excited get options really
- 00:45:03expensive premiums go to the Moon tons
- 00:45:06of people buy and then they they push a
- 00:45:08cycle out really really far burn a bunch
- 00:45:10of people make a bunch of money
- 00:45:13um and then there were like some other
- 00:45:16things in
- 00:45:17here
- 00:45:19um yeah exactly like why would anyone
- 00:45:21watch like an hourong video or an 11
- 00:45:24minute video of someone talking about
- 00:45:25GameStop when you're already know the
- 00:45:29simple thesis here which is nothing else
- 00:45:33explains all of this ridiculous
- 00:45:35volatility except if someone's caught
- 00:45:38and fighting for their life and we've
- 00:45:40seen Banks and um hedge funds explode
- 00:45:43repeatedly and the media just endlessly
- 00:45:46slander
- 00:45:47us
- 00:45:49um so it's like yeah and overbought you
- 00:45:52could call it overbought or oversold
- 00:45:54either
- 00:45:55way um
- 00:45:59and then I had not mentioned shares sold
- 00:46:01not yet bought so I wanted to add that
- 00:46:03on yet like any naked Short Selling
- 00:46:05strategic failing to delivering uh all
- 00:46:08that stuff totally works and they do pay
- 00:46:10rent I believe to the nscc on all that
- 00:46:13in the obligations Warehouse or
- 00:46:15whatever um yeah like honestly I don't
- 00:46:18know anyone DRS right now it's crazy um
- 00:46:27yeah no problem just uh drinking my
- 00:46:29coffee having fun not trying to convince
- 00:46:31anyone of anything but totally historic
- 00:46:32this is amazing this whole story that's
- 00:46:34why I love talking about it like I know
- 00:46:36I do Rambles just like this one um
- 00:46:38constantly but it's like I'm always just
- 00:46:40amazed that like this really happened
- 00:46:43and somehow I got lucky the whole story
- 00:46:44of how I got involved I'm like I'm so
- 00:46:46lucky to even be involved in this
- 00:46:49situation how many movies and
- 00:46:51documentaries have been made at this
- 00:46:53point about the whole thing there was a
- 00:46:56spliid splid in what did they do with
- 00:46:58the split I don't know what this person
- 00:46:59is trying to say but the prices I adjust
- 00:47:01all the prices um in my chart so back
- 00:47:05here just so people do know um prices
- 00:47:07have all been split adjusted volumes all
- 00:47:09been split split adjusted and so have
- 00:47:10ftds but not the
- 00:47:12ftds on the ETFs because I don't think
- 00:47:15you can do that or the outstanding
- 00:47:17shares or anything like that I don't
- 00:47:20think it would matter because it's
- 00:47:21dollar amount anyway so anyway you guys
- 00:47:23there was one last thing I wanted to do
- 00:47:25this is not going to be about GameStop
- 00:47:27today but I did want to say like uh
- 00:47:31there are this situation while as
- 00:47:33amazing as it is honestly and I feel so
- 00:47:35blessed and lucky to be involved in it
- 00:47:37and to like have um somehow decided
- 00:47:41people periodically I think go back and
- 00:47:42watch the first YouTube videos and it's
- 00:47:44like I don't even have a camera on I'm
- 00:47:46looking at a spreadsheet that's like in
- 00:47:48actual Excel and people are like hey
- 00:47:49could you put that on Google Sheets and
- 00:47:51share it with people and I was like all
- 00:47:52right that sounds like a good idea
- 00:47:53people are like hey can you freeze your
- 00:47:55top row here so we know what you're
- 00:47:57actually talking about the the community
- 00:48:00has been so patient with me and um you
- 00:48:02know the fact that it's allowed me to
- 00:48:04fund raise
- 00:48:05essentially um and then support causes
- 00:48:08that I really believe in I think it's
- 00:48:10just such a blessing an amazing thing
- 00:48:13and um I'm I there's just so much to
- 00:48:16this that I consider to be incredible
- 00:48:18it's changed my life I've talked about
- 00:48:19it before I'm not going to in this video
- 00:48:20it changed my whole career um because of
- 00:48:24like well I'll just say it um like being
- 00:48:27down on my position back here during the
- 00:48:28sneeze was like I don't Gamble and I
- 00:48:31felt like I had lost my family money
- 00:48:33that I
- 00:48:34didn't um like I didn't have the right
- 00:48:37to lose or or bet on something um so it
- 00:48:40pushed me really hard to work extra um
- 00:48:43level up my career and then like I'm at
- 00:48:45this I was just talking with my wife
- 00:48:46last night about this I'm at this point
- 00:48:48in my career where I'm just so content
- 00:48:49with what I'm doing I get to work with
- 00:48:51amazing people and have a big impact
- 00:48:54impact and utilize my skill set and in
- 00:48:56fact a lot of doing this channel has
- 00:48:59increased my skill set with um lots of
- 00:49:02things um data type stuff uh
- 00:49:06presentation of material my public
- 00:49:09speaking and just uh I don't even know
- 00:49:13how to describe it but I I see it in my
- 00:49:16work that I do so all this is a is a
- 00:49:19gift and I just wanted to say if you're
- 00:49:21struggling because I think a lot of
- 00:49:23people maybe aren't going through the
- 00:49:25same experience um and I'm I'm just
- 00:49:27trying to you know tell the story
- 00:49:30encourage people um bring joy into
- 00:49:33people's lives with with each action I
- 00:49:35do each day because I feel like um the
- 00:49:38world can be really hard really really
- 00:49:40hard and if people work to make the
- 00:49:42world a better place then it could
- 00:49:44become a a paradise like an amazing
- 00:49:46place but we have to put an effort to do
- 00:49:48that and so that's what I'm big about in
- 00:49:49my life and if you're having a hard time
- 00:49:51this last part of the video is for you
- 00:49:53and I just want to say to anybody that's
- 00:49:56experien experiencing hardship uh it
- 00:49:58could be Financial Health career family
- 00:50:03um addiction depression um I know all
- 00:50:07these feelings and hurts and I empathize
- 00:50:10with you and I just want to say that I
- 00:50:12love you and I care about you and um I'm
- 00:50:15rooting for you and I'm praying for you
- 00:50:16and I wanted to say this
- 00:50:19prayer it's from Matthew 6 and this is
- 00:50:22to anyone involved in the story that's
- 00:50:24having a hard time um this includes
- 00:50:27maybe people that like I see on super
- 00:50:29song people post things that are like
- 00:50:31there's
- 00:50:32frustration um there's people that don't
- 00:50:35like what I'm doing and I'm okay with
- 00:50:37that I'm like that's fine like um and if
- 00:50:39there's maybe something in their life
- 00:50:41that's causing them to act in this
- 00:50:43particular way this negative way like
- 00:50:45I'm not going to sit here and tell
- 00:50:47people like you can't be negative you
- 00:50:49know because I don't know their
- 00:50:50circumstances and perspectives are often
- 00:50:52driven by
- 00:50:53circumstances and circumstances can be
- 00:50:55beyond our control so I'm just going to
- 00:50:57pray for everybody pray for people that
- 00:50:59are having a hard time today or um
- 00:51:02experiencing negativity and maybe um
- 00:51:05through prayer that negativity can turn
- 00:51:07into positivity because I'm a big
- 00:51:08believer in turning a negative into a
- 00:51:11positive uh because that's something we
- 00:51:13can try to do in our lives so from
- 00:51:15Matthew 6 comes this passage it's Jesus
- 00:51:18speaking and he says um after this
- 00:51:23manner therefore pray ye Our Father
- 00:51:26which are in in heaven Hallowed be thy
- 00:51:27name thy kingdom come thy will be done
- 00:51:30on Earth as it is in heaven give us this
- 00:51:32day our daily bread and forgive us our
- 00:51:35debts as we forgive our debtors and lead
- 00:51:37us not into temptation but Deliver Us
- 00:51:39from Evil for thine is the kingdom and
- 00:51:42the power and the glory forever amen so
- 00:51:44I'll just say you know God gave us this
- 00:51:47day and we get to choose what we do with
- 00:51:49it um I get today to go to a concert
- 00:51:54it's a goose concert um and and with
- 00:51:56some friends and they're just taking me
- 00:51:58to this concert I'm going to be the the
- 00:52:01driver and uh and um if anyone else is
- 00:52:05going to that show tonight if you see me
- 00:52:07say hi I'd love to see some people at
- 00:52:09the show um I feel really blessed with
- 00:52:12everything in my life it's just honestly
- 00:52:14I'm not going to cry right now but um
- 00:52:16God just continues to rain down
- 00:52:18blessings on me and I hope he does in
- 00:52:20your life too and I hope in some small
- 00:52:22way this video helps if you're hurting
- 00:52:25and I hope you have a good one I'll see
- 00:52:26you guys later
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