E429 Thump.. Thump.. Thump..

00:52:28
https://www.youtube.com/watch?v=H_mSO65THbc

Ringkasan

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.

Takeaways

  • 🎉 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.

Garis waktu

  • 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.

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Peta Pikiran

Mind Map

Pertanyaan yang Sering Diajukan

  • 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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Teks
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Gulir Otomatis:
  • 00:00:00
    good morning everybody it's Saturday we
  • 00:00:02
    made it to the weekend I hope you had a
  • 00:00:04
    good week GameStop ended in the green
  • 00:00:07
    which is exciting we're going to talk a
  • 00:00:08
    bit about GameStop going to talk about
  • 00:00:10
    some Pokemon and some different things
  • 00:00:11
    as usual so uh made this meme uh I don't
  • 00:00:15
    know what it's supposed to mean but it I
  • 00:00:17
    thought it'd be funny and then uh I got
  • 00:00:19
    another package from Gamestop
  • 00:00:21
    so I don't remember what's in this one
  • 00:00:24
    so going to open it and see what's
  • 00:00:26
    happening here
  • 00:00:30
    let's
  • 00:00:33
    see and if um you don't like unboxing
  • 00:00:36
    videos you know they don't happen all
  • 00:00:38
    that often lately GameStop's got to buy
  • 00:00:42
    to get one free deal going on so been
  • 00:00:47
    doing a lot of that so this won't be
  • 00:00:50
    like regular content probably on the
  • 00:00:53
    channel okay so in this box we got a
  • 00:00:58
    bunch of random boosters
  • 00:01:00
    because they it worked out pretty well
  • 00:01:02
    to do buy two get one free with the
  • 00:01:03
    boosters and then you always need card
  • 00:01:05
    sleeves so got a bunch of the sleeves
  • 00:01:08
    and what's nice about mixing up the
  • 00:01:09
    sleeves and the boosters is they're
  • 00:01:12
    about the same price so I find with the
  • 00:01:15
    the buy two get one free kind of deals
  • 00:01:18
    um that's what the box is it's full of
  • 00:01:20
    boosters and sleeves so I don't I think
  • 00:01:22
    it was like nine packs of paldan Fates
  • 00:01:25
    and then nine packs of the sleeves um
  • 00:01:30
    little bit OCD on sleeving the cards
  • 00:01:32
    because you never want to have like you
  • 00:01:34
    can't have a card that's not sleeved
  • 00:01:35
    what if it gets damaged right so um with
  • 00:01:39
    the buy two get one free deal going on
  • 00:01:40
    right now I have to say again incredible
  • 00:01:42
    deal you can't beat it on the
  • 00:01:44
    Collectibles you could even do other
  • 00:01:45
    things you don't have to do Pokemon
  • 00:01:47
    cards or trading cards but you could uh
  • 00:01:49
    get uh squish Mellows for kids I think
  • 00:01:52
    all kinds of different things let me
  • 00:01:54
    just look it up
  • 00:01:56
    GameStop um find some oh and then I I
  • 00:02:01
    always hesitate to even look but I I'm
  • 00:02:03
    here
  • 00:02:05
    so can't help my if I'm here I'm going
  • 00:02:08
    to look are there any PSA graded look at
  • 00:02:10
    this guy oh he's a 1997 I'm just going
  • 00:02:13
    to say I already ordered him hopefully
  • 00:02:14
    he's on the way let's
  • 00:02:18
    see waiting what waiting for product
  • 00:02:21
    availability he's right
  • 00:02:23
    there all right well hopefully he comes
  • 00:02:27
    um look at him he looks amazing Pikachu
  • 00:02:32
    someone's gonna probably try to buy him
  • 00:02:34
    now um but uh if you look
  • 00:02:39
    at uh I don't know when I became
  • 00:02:43
    addicted to Pokemon but it's
  • 00:02:45
    hilarious so when you do the buy two get
  • 00:02:47
    one free thing
  • 00:02:48
    here um it's not obviously just Pokemon
  • 00:02:53
    it's these which are people going are
  • 00:02:55
    going crazy about baseball
  • 00:02:58
    cards uh a lot of card products but you
  • 00:03:01
    like Funko Pop um all kinds of different
  • 00:03:04
    stuff going on here 122 Pages worth of
  • 00:03:07
    stuff so you know you don't squish
  • 00:03:11
    Mallows I don't think we have this one
  • 00:03:13
    we used to collect squish Mallows we
  • 00:03:15
    used to we still
  • 00:03:18
    do we used to also anyway so um yeah
  • 00:03:22
    meme of the day unpacking of the day we
  • 00:03:25
    also got this guy yesterday or the day
  • 00:03:28
    before new Pokemon so we were playing
  • 00:03:31
    and we got a um sometimes it doesn't
  • 00:03:34
    show up there we go krag IUS ex he seems
  • 00:03:39
    good I like Pokemon that do damage to
  • 00:03:42
    Pokemon on people's bench I've realized
  • 00:03:44
    because people like well my daughter
  • 00:03:46
    she'll often Retreat her wounded Pokemon
  • 00:03:49
    and then it's like ah I almost got that
  • 00:03:50
    Pokemon and I may not have a boss's
  • 00:03:52
    orders to get it back into the active
  • 00:03:54
    spot but if I got someone like this guy
  • 00:03:56
    you can knock him out and uh she gets
  • 00:03:58
    really mad about that
  • 00:04:00
    so anytime I can do that is awesome so
  • 00:04:04
    yeah great Pokemon we'll see if we can
  • 00:04:06
    fit him into a deck meme of the day
  • 00:04:09
    talked about all things so let's talk
  • 00:04:10
    about the data really exciting day
  • 00:04:12
    yesterday launched up at first to 2310
  • 00:04:16
    for some reason that was cool and then
  • 00:04:19
    it was getting jammed back down and then
  • 00:04:21
    at the end of the day big volume came in
  • 00:04:23
    on some options drove the price High
  • 00:04:27
    2248 at the close just about 22 250
  • 00:04:30
    there was probably like a battle here
  • 00:04:31
    for 2250 which is correspondingly like
  • 00:04:34
    right on our Dorito so we're just
  • 00:04:37
    battling at the top of this downward
  • 00:04:39
    forming giant wedge over the last
  • 00:04:42
    several months here and we ended
  • 00:04:45
    basically the week here above max pain
  • 00:04:47
    which is great and just posted a new
  • 00:04:49
    Recaps repricing in the obligations
  • 00:04:52
    Warehouse above the last one by a couple
  • 00:04:55
    bucks $160 or so all of this could be
  • 00:04:58
    really good um seems like a good setup
  • 00:05:00
    to me on some decent volume here coming
  • 00:05:03
    in at the end of
  • 00:05:04
    September uh anything else worth
  • 00:05:07
    mentioning um datawise we got long
  • 00:05:11
    volume actually coming in 60% long
  • 00:05:13
    volume only 40% short volume good to see
  • 00:05:17
    as usual xrt has not updated their
  • 00:05:21
    outstanding shares it's always like the
  • 00:05:25
    very very they do it like very very last
  • 00:05:27
    thing but it had been on some Redemption
  • 00:05:29
    here down to to from a pretty high
  • 00:05:31
    number of shares down to a pretty low
  • 00:05:33
    number of shares I've never seen an ETF
  • 00:05:36
    vary their number of Holdings or
  • 00:05:38
    outstanding shares so much from dayto
  • 00:05:41
    day all these other ones
  • 00:05:43
    barely like change like a couple per a
  • 00:05:46
    month this one's changing like 100% a
  • 00:05:49
    month it's crazy so we are now uh
  • 00:05:52
    creating xrt or um other ETFs so we went
  • 00:05:57
    through a really quick as expected
  • 00:05:59
    Redemption cycle and now we're moving
  • 00:06:01
    into back into creation so click this
  • 00:06:04
    guy
  • 00:06:07
    here so flipping back up into some
  • 00:06:09
    creation we'll see what xrt does these
  • 00:06:12
    can either Trend together or counter um
  • 00:06:16
    move so right now they're moving
  • 00:06:17
    together xrt and the other ones you can
  • 00:06:20
    see here someone mentioned that GameStop
  • 00:06:22
    screen on the daily 5 day the 3 month
  • 00:06:26
    the 6 month year to date one year 5 year
  • 00:06:29
    kind of cool I guess but uh most
  • 00:06:30
    important to me it looked a lot better
  • 00:06:33
    yesterday but we had this really nice
  • 00:06:35
    Thumper formation maybe we could see it
  • 00:06:37
    here on the
  • 00:06:40
    5day yeah it's going like Thump Thump
  • 00:06:43
    Thump Thump Thump Thump Thump all along
  • 00:06:45
    here the uh lows are getting
  • 00:06:49
    higher and the highs were getting kind
  • 00:06:52
    of lower except we had that big move in
  • 00:06:55
    the morning is early early uh part of
  • 00:06:58
    the trading day
  • 00:07:00
    big move and then yeah ended up green so
  • 00:07:04
    exciting to see GameStop doing things
  • 00:07:06
    and the most exciting measure of the day
  • 00:07:09
    is the Len pool depleting very quickly
  • 00:07:13
    cost to borrow has not moved but down to
  • 00:07:16
    a quarter million shares available
  • 00:07:19
    after after 140 million shares sold by
  • 00:07:23
    the company over the last 3 months and
  • 00:07:25
    20 million just like a week ago so look
  • 00:07:29
    at this lend pool getting depleted
  • 00:07:31
    really really quick that's great that's
  • 00:07:33
    really exciting to see uh if somebody
  • 00:07:36
    forc delivery of a lot of shares by
  • 00:07:38
    having us end max pain or end above max
  • 00:07:41
    pain they could be borrowing desperately
  • 00:07:44
    to make sure that they can you know
  • 00:07:46
    deliver shares in the short term and
  • 00:07:48
    they're going to have to go out and get
  • 00:07:49
    those shares so to me all this is
  • 00:07:51
    telling you know that's a lot of data
  • 00:07:53
    people are like all right you're just
  • 00:07:54
    talking about numbers constantly what's
  • 00:07:55
    going on here it it tells me we're
  • 00:07:58
    seeing long interest coming on the stock
  • 00:08:01
    which is on here
  • 00:08:05
    somewhere
  • 00:08:08
    um so I'm looking forward
  • 00:08:12
    to eventually GameStop becoming a media
  • 00:08:15
    darling as long interest grows but I've
  • 00:08:19
    always been saying for the last year and
  • 00:08:20
    a half or longer once Longs an
  • 00:08:23
    institution start to Pile in on this
  • 00:08:25
    thing that's when you're going to see it
  • 00:08:27
    melt up and go crazy because households
  • 00:08:30
    already got such a big stake in it and
  • 00:08:33
    you can go back to this chart this is
  • 00:08:35
    like the chart I always like the most
  • 00:08:39
    well I like a lot of charts like
  • 00:08:42
    addicted to graphs but this one is great
  • 00:08:45
    it shows that back before the sneeze
  • 00:08:49
    institutional Holdings were over
  • 00:08:52
    100% because back then there were only
  • 00:08:55
    65 million shares of GameStop and
  • 00:08:57
    institutions owned like all of them plus
  • 00:09:00
    more how's that possible because the
  • 00:09:02
    short interest was so high right so they
  • 00:09:06
    owned institutions had just continued to
  • 00:09:08
    buy and buy and buy and then they
  • 00:09:10
    started to sell into the sneeze and they
  • 00:09:12
    sold a lot in 2021 so why did the price
  • 00:09:16
    go down well they shorted It Off The Top
  • 00:09:18
    This is a conversation that we'll have
  • 00:09:19
    later in the video too uh people are
  • 00:09:21
    like yeah Newton's ignoring the fact
  • 00:09:23
    that in uh short sellers sold the top
  • 00:09:25
    too for uh 2021 and 2022 no Institution
  • 00:09:29
    were selling the top so institutional
  • 00:09:31
    Holdings Dro down dramatically and you
  • 00:09:33
    can see they only blip back up but check
  • 00:09:35
    this out this is the this is the stock
  • 00:09:38
    dividend split you guys and it goes
  • 00:09:40
    literally here to here it does a Forex
  • 00:09:43
    from 20 million shares held by
  • 00:09:45
    institutions up to 80 or so million
  • 00:09:47
    shares held by institutions institutions
  • 00:09:49
    didn't buy 60 million shares their
  • 00:09:51
    shares were split because this is none
  • 00:09:53
    of this is split adjusted all right so
  • 00:09:55
    really institutions just kept their
  • 00:09:58
    Holdings the same very depleted Holdings
  • 00:10:00
    really cuz it's 20 million out of the 80
  • 00:10:03
    million or so shares at this point in
  • 00:10:05
    time uh so basically institutions owning
  • 00:10:07
    from 100% of the company down to 25 or
  • 00:10:10
    so% of the company up to 80 million out
  • 00:10:14
    of 3 and some odd million shares 320 odd
  • 00:10:17
    million shares still 25% of the company
  • 00:10:20
    they didn't really increase their
  • 00:10:20
    Holdings here they only barely started
  • 00:10:23
    to nibble in the last two years so this
  • 00:10:26
    has caused price to be extremely
  • 00:10:28
    suppressed because the only people
  • 00:10:30
    supporting the price of GameStop over
  • 00:10:33
    the last 3 or 4 years has been household
  • 00:10:37
    uh all the ETFs and mutual funds are
  • 00:10:39
    likely completely looted dry
  • 00:10:41
    institutions have sold everything
  • 00:10:43
    everyone's basically thought GameStop
  • 00:10:45
    was going way back down into the dirt
  • 00:10:47
    and they're all short or at zero on
  • 00:10:50
    their GameStop positions and when they
  • 00:10:52
    finally want to have their Holdings go
  • 00:10:53
    way back up you know I doubt they'll go
  • 00:10:55
    over over 100% right but if they want to
  • 00:10:59
    have their Holdings go from 80 million
  • 00:11:01
    or 90 million shares of
  • 00:11:03
    GameStop back up to representing a
  • 00:11:06
    substantial portion of the outstanding
  • 00:11:07
    this is a tiny bit of outstanding right
  • 00:11:09
    now what is this if this is at 95
  • 00:11:13
    million shares out of the outstanding of
  • 00:11:16
    446 they're at 21% household owns all
  • 00:11:20
    the rest that's what I was saying in
  • 00:11:21
    yesterday's video too if they want to
  • 00:11:23
    see their ownership go up to like 70%
  • 00:11:26
    like it is on most stocks you know
  • 00:11:27
    institutions and ETFs and mut funds or
  • 00:11:30
    80% right they they got big buying to do
  • 00:11:33
    they need to get up to like 350 million
  • 00:11:35
    shares a GameStop 360 million shares
  • 00:11:38
    right they only own 95 they got to buy
  • 00:11:41
    like a quarter billion shares of
  • 00:11:43
    GameStop to get their ownership back up
  • 00:11:44
    to where it was before you got to split
  • 00:11:46
    adjust this whole thing mentally all
  • 00:11:47
    right so this graph is extremely
  • 00:11:50
    exciting to me could we see that
  • 00:11:52
    happening it seems awfully convenient to
  • 00:11:54
    me that repeatedly the stock is being
  • 00:11:57
    jammed up um on options expiry forcing a
  • 00:12:02
    lot of like near the money options calls
  • 00:12:05
    into the money um big volume so what a
  • 00:12:08
    what a way to do it if you wanted to get
  • 00:12:11
    leverage buying over time this is me
  • 00:12:13
    just Theory crafting here but let's say
  • 00:12:15
    each of these is a week so here's a week
  • 00:12:19
    here's a week here's a week here's a
  • 00:12:21
    week all right and then now you're
  • 00:12:24
    looking at oops let me do this so this
  • 00:12:26
    is a week of options xpres or a month
  • 00:12:30
    here's another month and then you'd have
  • 00:12:32
    another month after that and so forth
  • 00:12:34
    like let's say you build into a position
  • 00:12:37
    on options that are near the money
  • 00:12:39
    because you're wanting to get leverage
  • 00:12:40
    you're wanting to ensure a certain price
  • 00:12:42
    you're not going out and buying onto the
  • 00:12:44
    market um what do you do let's say it
  • 00:12:47
    was this week right you buy a bunch of
  • 00:12:49
    calls right and at the end of the week
  • 00:12:53
    boom you put in a big order for some
  • 00:12:54
    more calls for January so way down the
  • 00:12:56
    road now you're building a call position
  • 00:12:58
    out here here it blips the price up in
  • 00:13:00
    the short term all these now go into the
  • 00:13:02
    money you get delivery of those shares
  • 00:13:04
    and then the next week you do the same
  • 00:13:06
    thing get some calls that are in the
  • 00:13:07
    money add to your position out here for
  • 00:13:10
    January Boop flip the price up and then
  • 00:13:13
    all of a sudden these all go in the
  • 00:13:14
    money too and then the next week you do
  • 00:13:16
    the same thing you build into a call
  • 00:13:17
    call position in the short term build
  • 00:13:19
    your call position in the long term put
  • 00:13:21
    some upward pressure on the price
  • 00:13:23
    because the options uh sellers are going
  • 00:13:26
    to Delta hedge all these guys which we
  • 00:13:28
    saw at the end of the day
  • 00:13:29
    all these go in the money value town
  • 00:13:31
    right so you're getting um you know
  • 00:13:34
    cheap exposure to GameStop out here but
  • 00:13:38
    you're ensuring through your playing of
  • 00:13:40
    short-term options and then long-term
  • 00:13:42
    options that you're getting uh a good
  • 00:13:46
    deal on the stock and you're you're
  • 00:13:49
    applying pressure across the chain if
  • 00:13:51
    you just go out and buy millions of
  • 00:13:53
    shares in the immediate term which could
  • 00:13:55
    have happened right
  • 00:13:56
    here on last week on Friday
  • 00:14:00
    um you're going to you're going to like
  • 00:14:02
    basically terrify everybody and run the
  • 00:14:04
    price up too strongly and then the price
  • 00:14:05
    is going to come back down right so
  • 00:14:07
    instead you could just do it
  • 00:14:08
    incrementally week after week after week
  • 00:14:10
    so that's in theory um Longs could be
  • 00:14:13
    building in um institutions are going to
  • 00:14:15
    have to have to crowd this space like
  • 00:14:18
    we've already crowded it um household
  • 00:14:20
    investors and since most household
  • 00:14:22
    investors are super priced and sensitive
  • 00:14:24
    they're like no I'm not going to sell
  • 00:14:25
    here at
  • 00:14:26
    $22 where institution is going to get
  • 00:14:29
    shares from market makers and so forth
  • 00:14:31
    right are going to have to provide that
  • 00:14:33
    liquidity and then you're going to see
  • 00:14:35
    them like really struggle with this
  • 00:14:36
    thing could be exciting anyway so uh
  • 00:14:38
    that's my thought on the price action
  • 00:14:41
    this week very exciting to see this
  • 00:14:42
    Thumper P pattern happening um and and
  • 00:14:45
    see the cost to borrow not move but the
  • 00:14:47
    available shares deplete out and um this
  • 00:14:50
    is when I think the stock gets the most
  • 00:14:52
    volatile because they can't just
  • 00:14:53
    immediately borrow and um suppress
  • 00:14:57
    action in the short term I don't think
  • 00:14:58
    there was anything anything else I
  • 00:14:59
    noticed long volume is good xrt still
  • 00:15:03
    hasn't reported probably won't until
  • 00:15:05
    Monday morning so weird I don't know
  • 00:15:07
    what's up with that and then Kitty's
  • 00:15:08
    charts all looking really good so again
  • 00:15:11
    I only really look at RSI in the 15 now
  • 00:15:14
    but not looking too crazy even with some
  • 00:15:16
    big price move um you know slow slow
  • 00:15:19
    steady price movement rsis just chilling
  • 00:15:22
    in the midline on a lot of our graphs
  • 00:15:24
    here I think that's really good I think
  • 00:15:26
    that's really really good to see price
  • 00:15:27
    move in RSI stay pretty steady not like
  • 00:15:30
    move too much to one side or the other
  • 00:15:33
    and then we're seeing um down here on
  • 00:15:36
    like our five trigger chart here I love
  • 00:15:38
    this chart um maybe this is my favorite
  • 00:15:41
    chart I mean look how many you got five
  • 00:15:42
    charts in one how can it not be your
  • 00:15:44
    favorite anyway so we got macd in green
  • 00:15:46
    great is this a trigger getting awfully
  • 00:15:50
    close price is above it now too so we're
  • 00:15:52
    going to say this one's triggered that
  • 00:15:53
    one's triggered this one's close this
  • 00:15:55
    one's like a half trigger because it's
  • 00:15:57
    moved over the yellow but not over the
  • 00:15:59
    blue so we're at what 3 and 1 half
  • 00:16:00
    triggers out of the five that's pretty
  • 00:16:03
    good um but it can reverse really
  • 00:16:05
    quickly too but you can see the whole
  • 00:16:07
    thing tight triangle here on everything
  • 00:16:11
    so excited about that and we're seeing
  • 00:16:14
    utilization here up a little bit but
  • 00:16:16
    chilling and options pricing is actually
  • 00:16:20
    still saying a little bit of little bit
  • 00:16:23
    expensive compared to like back earlier
  • 00:16:25
    this year so this would be like
  • 00:16:26
    additional evidence towards this theory
  • 00:16:28
    that like Longs could be steadily
  • 00:16:30
    nibbling in through call Action doing it
  • 00:16:32
    on the short term and then pressuring
  • 00:16:34
    with the long-term calls for January
  • 00:16:37
    with leaps theoretically and then I do
  • 00:16:39
    want to return back to this Rex code
  • 00:16:41
    thing I think a lot of these have some
  • 00:16:43
    um potential for having been used
  • 00:16:46
    especially obviously 68 if someone's
  • 00:16:49
    deficient on their
  • 00:16:50
    margin then they get 15 business days or
  • 00:16:53
    14 calendar 14 calendar days I think
  • 00:16:56
    that's totally reasonable but there's
  • 00:16:57
    other ones and I want to look into the
  • 00:16:59
    more closely but I just honestly have
  • 00:17:00
    not had the chance um a couple posts to
  • 00:17:03
    go over here really quick here yeah this
  • 00:17:06
    one so um I had had this on the chart we
  • 00:17:10
    are officially at did I take it off the
  • 00:17:12
    chart for some
  • 00:17:14
    reason I don't know why it would have
  • 00:17:16
    come off the chart but basically this is
  • 00:17:18
    officially Ryan Cohen
  • 00:17:23
    um Oney year
  • 00:17:26
    anniversary of being CEO
  • 00:17:29
    and I just wanted to
  • 00:17:31
    revisit like do a real quick year in
  • 00:17:34
    review because he had said um in the
  • 00:17:38
    interview with the DRS gme folks or um
  • 00:17:41
    gme DD folks I think it was who they
  • 00:17:43
    then ended up hiring which I think is
  • 00:17:45
    super cool they're social media person
  • 00:17:47
    it seems like they're doing a really
  • 00:17:48
    good job super engaged with the
  • 00:17:49
    community meming and so forth I don't
  • 00:17:52
    know if their memes can compete with
  • 00:17:54
    mine but they're doing a good job and uh
  • 00:17:58
    so after after a year what has Ryan coh
  • 00:18:01
    accomplished stockwise so we go back to
  • 00:18:03
    when he became
  • 00:18:06
    CEO that would have been right back here
  • 00:18:09
    so the day prior we could do that or
  • 00:18:14
    when was it announced was it
  • 00:18:18
    announced I guess it doesn't matter
  • 00:18:20
    stock was basically $17 if you average
  • 00:18:23
    the two days so stock was at $17 a
  • 00:18:27
    share um
  • 00:18:31
    um yeah it was moving down pretty
  • 00:18:34
    strongly at this point
  • 00:18:36
    because it had been like in the 20s
  • 00:18:39
    prior in the months to come it would
  • 00:18:42
    drop all the way down into the 11
  • 00:18:46
    range right back here 1191 hit a low of
  • 00:18:52
    1183 two months after he became
  • 00:18:55
    CEO had a nice little December action
  • 00:18:58
    here
  • 00:18:59
    and then went all the way down to $10
  • 00:19:01
    but we're a year out now stock is now $4
  • 00:19:06
    up four or5 up from where he became CEO
  • 00:19:10
    so that's an improvement I you can't
  • 00:19:11
    like attribute everything to him
  • 00:19:14
    obviously but let's go closing day today
  • 00:19:16
    onee delta T plus whatever
  • 00:19:20
    so there's our closing price here and
  • 00:19:24
    then
  • 00:19:25
    CEO back here we'll just call it 6
  • 00:19:32
    1684 so stock price is up
  • 00:19:35
    33% that's
  • 00:19:39
    good company has $4.6 billion in cash it
  • 00:19:43
    used to have like 1 billion so we've got
  • 00:19:48
    like a 4,000% increase is that right no
  • 00:19:51
    a 46% increase I don't know um just
  • 00:19:54
    subtract one 3.6 billion increase in
  • 00:19:58
    cash value can actually go look at the
  • 00:20:00
    little cash chart here so here we
  • 00:20:03
    were Ryan Cohen becomes CEO back in
  • 00:20:07
    here uh no it's not right back in
  • 00:20:12
    here so here's Ryan Cohen becoming CEO
  • 00:20:16
    stock price moving down little blip up
  • 00:20:19
    for a while moves way down and then now
  • 00:20:21
    we're way up here so overall market cap
  • 00:20:23
    has moved from when he became CEO to
  • 00:20:25
    about 5 billion to about 10 billion
  • 00:20:29
    is that right yeah there's more shares
  • 00:20:31
    that's actually interesting to think
  • 00:20:32
    about so stock price is up 33% market
  • 00:20:35
    caps up 100% because of all the new
  • 00:20:38
    shares uh operational value is way up
  • 00:20:42
    over 5 billion now 5.5 billion is what
  • 00:20:44
    the operations being basically valued at
  • 00:20:46
    if you if you take away all the cash so
  • 00:20:49
    that's significant and we've got this
  • 00:20:51
    gigantic cash horde and we've got Ryan
  • 00:20:54
    Cohen what they should have drawn was
  • 00:20:56
    Ryan k s sitting on a big old pile of
  • 00:20:58
    money
  • 00:21:01
    and we've got all this stuff happening
  • 00:21:03
    with like PSA graded cards mod retro um
  • 00:21:08
    collaboration uh I'm excited honestly
  • 00:21:12
    there is an incredible amount of hate
  • 00:21:13
    for Ryan Coen going on right now um and
  • 00:21:17
    I had said in a video he's kind of
  • 00:21:19
    becoming the villain I I wasn't say I
  • 00:21:21
    think people like hear me say things and
  • 00:21:23
    I'm like I didn't really say that I said
  • 00:21:25
    he's quickly becoming the villain and I
  • 00:21:27
    could rank him down to a b here just cuz
  • 00:21:29
    that he hasn't bought any shares come on
  • 00:21:30
    ran con buy some shares um I'm never
  • 00:21:34
    telling anyone what to do with their
  • 00:21:35
    money don't buy GameStop unless you're
  • 00:21:37
    Ryan Cohen or Michael bur or uh wolf you
  • 00:21:42
    guys got to buy some shares come on or
  • 00:21:43
    um Mark cubin come on Mark Cuban um what
  • 00:21:47
    was I saying there I don't
  • 00:21:50
    know I'm just having fun this morning
  • 00:21:52
    drinking my coffee pontificating about
  • 00:21:55
    GameStop as usual living the best life
  • 00:21:58
    of all time
  • 00:22:01
    um or the best day of all time I don't
  • 00:22:02
    know about the best life definitely
  • 00:22:04
    pretty
  • 00:22:05
    content get to follow the story so look
  • 00:22:08
    at that look at that cheeky grin anyway
  • 00:22:11
    uh I don't know what I'm talking about
  • 00:22:12
    right now um let's go Ryan Cohen I'm
  • 00:22:15
    excited like I'm just Juiced like this
  • 00:22:19
    story
  • 00:22:20
    um this story is amazing um and I have
  • 00:22:24
    to say this if you're bored um you can
  • 00:22:29
    write a petition so I will link this
  • 00:22:32
    this is this is going in the description
  • 00:22:34
    so please continue to raise your voices
  • 00:22:37
    to the powers that be your political
  • 00:22:39
    Representatives uh the doj the FBI local
  • 00:22:42
    local is good local SEC Branch offices
  • 00:22:45
    they get stuff done um because they're
  • 00:22:47
    not yet known well enough by the
  • 00:22:50
    industry to have their claws on them so
  • 00:22:51
    they're actually probably going out and
  • 00:22:53
    doing real work it's all the people in
  • 00:22:54
    Washington that are going to be like oh
  • 00:22:56
    we can't look into this that's that's
  • 00:22:59
    too risky um that could end my career if
  • 00:23:01
    I look into this the people that don't
  • 00:23:03
    know any better at the local offices
  • 00:23:05
    like oh yeah this looks like crime let's
  • 00:23:07
    go after it like actually doing their
  • 00:23:09
    jobs um anyway um this is great I I had
  • 00:23:13
    mentioned on the video you know
  • 00:23:15
    PlayStation is doing this limited 30th
  • 00:23:17
    edition run and I was like you know the
  • 00:23:19
    scalpers and stuff are just going to
  • 00:23:20
    grab them all and looks like they're
  • 00:23:21
    working on clawing them all back and
  • 00:23:23
    people said the thing that I was
  • 00:23:24
    thinking right away they should just
  • 00:23:26
    make it so any of these exclus
  • 00:23:28
    exclusives just make it so Pros members
  • 00:23:31
    uh can put one in their cart to begin
  • 00:23:33
    with for like a little bit you know just
  • 00:23:36
    guarantee them to Pros first if you want
  • 00:23:38
    to create sticky customers and you want
  • 00:23:40
    to have value and this is an issue that
  • 00:23:43
    that would be a really good thing to do
  • 00:23:44
    it would show that you really care about
  • 00:23:47
    your uh customers over uh profit profits
  • 00:23:51
    right and I think that that's what Ryan
  • 00:23:52
    Cohen did with Chewy um and this is
  • 00:23:54
    something the community is Big about so
  • 00:23:56
    I would say that would be a cool really
  • 00:23:58
    cool move by GameStop then also all
  • 00:24:00
    these scalpers are going to buy a bunch
  • 00:24:01
    of pro members uh Pro memberships which
  • 00:24:04
    is good anyway so um excited to see that
  • 00:24:07
    kind of action uh by the company that's
  • 00:24:10
    how they got to put their um change
  • 00:24:12
    their reputation which I think is
  • 00:24:15
    improving with how um good of deals you
  • 00:24:18
    can get a GameStop now on your tradeing
  • 00:24:21
    stuff because that was been like a
  • 00:24:22
    laughing or a joke running joke for a
  • 00:24:24
    long time that GameStop gives you
  • 00:24:25
    terrible trade in value but they can
  • 00:24:28
    work on that image by doing things like
  • 00:24:29
    this and improving trade in value this
  • 00:24:32
    is a big deal so I have here on the
  • 00:24:34
    bearish side that GameStop and Ryan
  • 00:24:37
    Cohen I don't think GameStop currently
  • 00:24:40
    is under any kind of or in any kind of
  • 00:24:43
    um lawsuit but Ryan Cohen is and I'm not
  • 00:24:47
    sure which one I'm going to have to get
  • 00:24:49
    rid of here so New York has sued roaring
  • 00:24:51
    Kitty Massachusetts at Su Roar and kitty
  • 00:24:54
    there was like some kind of like
  • 00:24:56
    supposed class action one where someone
  • 00:24:58
    had a small number of shares and calls
  • 00:25:00
    that sued Rory and kitty I think that
  • 00:25:01
    one was dropped I haven't heard anything
  • 00:25:02
    about these two I don't know if this is
  • 00:25:04
    the DK butterfly one but I'll cross it
  • 00:25:06
    out for now so you got all these
  • 00:25:09
    lawsuits that slow everything down
  • 00:25:11
    especially everybody that's very very
  • 00:25:12
    hopeful for like some kind of merger or
  • 00:25:15
    acquisition type thing to happen which
  • 00:25:18
    of course I'm very excited about I just
  • 00:25:19
    don't talk about it because to be honest
  • 00:25:21
    I'm going to stick with stuff that like
  • 00:25:23
    has fairly solid evidence or at least
  • 00:25:26
    seems
  • 00:25:29
    um you know reasonably plausible I would
  • 00:25:33
    say like you know an occasional 4chan
  • 00:25:34
    post which I know upset a ton of people
  • 00:25:37
    he's like he's posting something from
  • 00:25:38
    forchan and he's investigating it how
  • 00:25:41
    dare
  • 00:25:42
    he like I don't know seemed good credit
  • 00:25:45
    Swiss buying calls that seemed great
  • 00:25:47
    someone else is buying calls here though
  • 00:25:49
    related so uh tons of January calls
  • 00:25:52
    pouring in at the end of the day why
  • 00:25:54
    would they do this like why would you
  • 00:25:57
    buy all these calls all at once like
  • 00:25:58
    this you know anyone that cares about
  • 00:26:00
    the price of the stock in the short term
  • 00:26:02
    and wants to keep it down um would
  • 00:26:04
    trickle in these trades someone wanted
  • 00:26:06
    to get a bunch of
  • 00:26:08
    Leverage um and pump the price of the
  • 00:26:10
    stock at the end of the day for some
  • 00:26:11
    reason so why would they do that but
  • 00:26:13
    that's cool I don't know half the words
  • 00:26:15
    in this post but here's unusual whales
  • 00:26:18
    basically talking about huge premium
  • 00:26:20
    coming in on the ask side so people are
  • 00:26:23
    buying I don't know what all this means
  • 00:26:25
    or this um it's bullish I know what that
  • 00:26:28
    or
  • 00:26:29
    dark pool volume blips up and then we
  • 00:26:31
    see available shares most important
  • 00:26:34
    blips down upon all this action so that
  • 00:26:37
    seems good um got some charts love
  • 00:26:41
    charts yeah so um you know I'm just
  • 00:26:45
    excited I don't ever trade options
  • 00:26:47
    because I'm just like I don't know it's
  • 00:26:49
    like so I'm so risk adverse it's like I
  • 00:26:52
    know I got shares options just stress me
  • 00:26:55
    out just by even thinking about it like
  • 00:26:56
    the fact that you could just get wiped
  • 00:26:57
    out
  • 00:26:58
    if if for some reason you know whoever's
  • 00:27:03
    on the other side of this trade just
  • 00:27:04
    decides you know we're not messing
  • 00:27:07
    around for a while we're just going to
  • 00:27:08
    jam this thing down for the next 6
  • 00:27:09
    months it's like oh like I don't know so
  • 00:27:12
    it just worries me because this is
  • 00:27:13
    always something that could happen um or
  • 00:27:17
    this right so I never know what's going
  • 00:27:19
    to happen so I'm just like yeah just
  • 00:27:20
    pick up shares don't worry about it um
  • 00:27:24
    and then I like this because in the
  • 00:27:25
    video I posted yesterday I talked about
  • 00:27:28
    various ways it could be short I said
  • 00:27:29
    shorts puts they could short ETFs they
  • 00:27:32
    could borrow from ETFs and mutual funds
  • 00:27:34
    all these different routes that were
  • 00:27:36
    like basically I put all the legit ones
  • 00:27:38
    on there and then I didn't talk about
  • 00:27:40
    strategic failing to deliver that's a
  • 00:27:42
    strategy could be huge lots of short
  • 00:27:44
    interest there or uh naked shorting
  • 00:27:46
    which is kind of the same thing in a way
  • 00:27:48
    um or illegal short selling right which
  • 00:27:51
    naked Short Selling would be um and it's
  • 00:27:54
    like for years now we've been told no
  • 00:27:56
    that's not a thing that's not real and
  • 00:27:57
    it's like here's Korea literally saying
  • 00:27:59
    oh you're going to be faced with maximum
  • 00:28:02
    life sentences if you're doing this
  • 00:28:04
    practice it's like why would all these
  • 00:28:05
    countries be coming out so strongly
  • 00:28:07
    against it if it's like a phantom if it
  • 00:28:09
    doesn't really exist no it exists Bernie
  • 00:28:12
    Madoff was doing it um others have been
  • 00:28:15
    fined repeatedly for doing it um so if
  • 00:28:19
    you are honestly able to synthetically
  • 00:28:22
    just like create volume and sell
  • 00:28:25
    something you don't own it would be
  • 00:28:27
    extremely tempting ing to just do it
  • 00:28:29
    just be like this company's going into
  • 00:28:30
    chapter 11 let's just print 10 million
  • 00:28:32
    shares make a quick 20 million bucks on
  • 00:28:34
    this thing and not worry about it right
  • 00:28:36
    like that's super tempting and I'm sure
  • 00:28:39
    they got their hand caught in the cookie
  • 00:28:41
    jar on GameStop and now that hand is
  • 00:28:43
    stuck and they're just bleeding that was
  • 00:28:45
    my whole thesis from yesterday love to
  • 00:28:47
    see this people just supporting the
  • 00:28:49
    company buying a ridiculous amount of
  • 00:28:51
    these trading cards I was thinking this
  • 00:28:52
    is pretty clever too because people are
  • 00:28:54
    Ultra bullish on bitcoin and things in
  • 00:28:56
    particular so so like Legacy packs
  • 00:29:00
    original like first edition packs of M
  • 00:29:02
    Magic the Gathering card or Pokémon
  • 00:29:04
    where one booster could go for
  • 00:29:06
    ridiculous thousands of dollars right if
  • 00:29:08
    you know it's sealed you know it's legit
  • 00:29:10
    people are like well I could get a black
  • 00:29:12
    lotus in there I could get an original
  • 00:29:15
    uh Hollow Charizard right if you could
  • 00:29:17
    pull a full Bitcoin out of one of these
  • 00:29:20
    packs in the years to come these things
  • 00:29:22
    could increase in value if Bitcoin keeps
  • 00:29:24
    going up in value long term which a lot
  • 00:29:27
    of people very much believe in so you
  • 00:29:28
    can just keep sealed packs of these
  • 00:29:29
    around and these things could just soar
  • 00:29:31
    in value so really clever here um I
  • 00:29:35
    don't know is there even a a game
  • 00:29:37
    associated with it the reason I'm
  • 00:29:38
    collecting Pokemon for me is not
  • 00:29:40
    value um I just love playing the game
  • 00:29:43
    with my daughter and seeing her learn
  • 00:29:45
    and win and stuff but sometimes it's fun
  • 00:29:48
    to beat her too so uh so that's
  • 00:29:50
    enjoyable but uh if you can't play a
  • 00:29:52
    game with these it's like I don't know
  • 00:29:53
    if I would collect them personally um
  • 00:29:56
    but I can see why people do an are
  • 00:29:58
    uh and then this is worth mentioning I
  • 00:30:00
    had someone Reach Out same person that
  • 00:30:03
    um sent me this coffee from Hawaii so
  • 00:30:05
    thank you again for the Hawaii Coffee um
  • 00:30:07
    and they said their Schwab account is
  • 00:30:09
    showing 300% margin to short GameStop
  • 00:30:12
    and this person's margin account just
  • 00:30:14
    went up on shorting GameStop why would
  • 00:30:16
    they be so worried right well Len pool's
  • 00:30:18
    depleting Oh no just lost a
  • 00:30:22
    tab so Len pool is depleting here um and
  • 00:30:25
    they're increasing the margin rate on
  • 00:30:27
    GameStop that's bullish right and Thomas
  • 00:30:29
    pedre had said the way that they could
  • 00:30:31
    slow or prevent this situation from
  • 00:30:34
    repeating itself would be to do
  • 00:30:35
    something like this as it becomes harder
  • 00:30:38
    to borrow stock the borrow rate needs to
  • 00:30:41
    move out dynamically margin rates need
  • 00:30:44
    to move up dynamically to prevent short
  • 00:30:46
    squeezes that are explosive and and like
  • 00:30:49
    potentially disastrous for the market he
  • 00:30:50
    said that in his interview on I believe
  • 00:30:53
    CNBC so if they started to put that in
  • 00:30:55
    place this would be another good signal
  • 00:30:57
    to look at is what the dynamic margin
  • 00:30:59
    rate is on short and GameStop um because
  • 00:31:03
    the the system itself wants to prevent
  • 00:31:05
    risk right so if they're seeing risk on
  • 00:31:07
    right now I'm excited because that means
  • 00:31:09
    something could happen to the upside
  • 00:31:11
    we're going to end the video here I saw
  • 00:31:12
    that this was posted on super I was like
  • 00:31:14
    that that's cool that graph looks legit
  • 00:31:16
    I love graphs and then I was like oh
  • 00:31:17
    that's my graph so uh someone clipped
  • 00:31:20
    the video which I thought was cool took
  • 00:31:22
    my face out of there which was nice to
  • 00:31:23
    see um and I just wanted to go through a
  • 00:31:25
    couple things cuz I saw someone posted
  • 00:31:27
    something thing I'll get to it but um I
  • 00:31:30
    was 100% before we even knew who this
  • 00:31:31
    guy was I was too that's funny um so
  • 00:31:36
    I've been making videos though for
  • 00:31:37
    people that are new on GameStop since 84
  • 00:31:41
    years
  • 00:31:42
    ago
  • 00:31:44
    um let's see where do you go in here
  • 00:31:51
    analytics yeah so we'll go lifetime here
  • 00:31:54
    so first videos started making them back
  • 00:31:57
    back in like the beginning of 2022 so I
  • 00:32:01
    was like a year of just like kind of
  • 00:32:02
    being
  • 00:32:04
    um just what do you call it lurking on
  • 00:32:06
    forums and just watching the whole thing
  • 00:32:08
    happen and I got really interested in in
  • 00:32:10
    building like an Excel and sharing what
  • 00:32:12
    I was doing back here and then started
  • 00:32:14
    making nfts and doing different things
  • 00:32:16
    here and then I've just been like
  • 00:32:18
    finding a lot of joy and waking up in
  • 00:32:20
    the morning talking about GameStop
  • 00:32:21
    drinking coffee and whatnot uh opening
  • 00:32:24
    Pokemon and yeah so I haven't been here
  • 00:32:27
    on the channel since the beginning but
  • 00:32:28
    been here for a long time and um I'm not
  • 00:32:31
    doing any of it to like get famous or
  • 00:32:34
    anything like uh I don't have a Reddit
  • 00:32:37
    account I my only social media is
  • 00:32:40
    Twitter which looks like this for people
  • 00:32:43
    that are like are you on Twitter because
  • 00:32:45
    people that does come up U I am so it's
  • 00:32:48
    R Newton
  • 00:32:49
    7777 and I post a bible message every
  • 00:32:53
    morning so after I drink my coffee talk
  • 00:32:55
    about Pokemon on GameStop I read the
  • 00:32:58
    Bible so I've got that right
  • 00:33:00
    here and then I make a Bible post here
  • 00:33:03
    and then I put it on my website too and
  • 00:33:05
    on the
  • 00:33:06
    website so here's the nfts we were
  • 00:33:09
    making last year and the year before um
  • 00:33:12
    I post it and I post it with some
  • 00:33:14
    commentary so this is like my Daily
  • 00:33:17
    Journal and then just the verse goes out
  • 00:33:20
    onto
  • 00:33:21
    Twitter and then I take a screenshot of
  • 00:33:23
    this on my cell phone and I send it to
  • 00:33:25
    all the people in my life that I'm
  • 00:33:26
    really close with
  • 00:33:28
    um so it's like 120 people at this point
  • 00:33:31
    or something like that so that's like my
  • 00:33:33
    daily routine um just like connecting
  • 00:33:35
    with people encouraging people through
  • 00:33:37
    the YouTube channel and then um and then
  • 00:33:41
    through my my Twitter kind of Journal
  • 00:33:43
    thing and my website um there is one
  • 00:33:47
    thing I wanted to mention here is
  • 00:33:48
    someone said um I wouldn't want to be in
  • 00:33:51
    a movie I was actually hit up to be in
  • 00:33:53
    that um that that uh documentary that
  • 00:33:57
    just came out I don't even know what
  • 00:33:58
    it's called I didn't watch it um and I
  • 00:34:00
    told him no I was just like n I'm I'm
  • 00:34:03
    just doing my own thing here I'm just
  • 00:34:04
    following along I'm not famous or
  • 00:34:05
    anything um apparently there's ads for
  • 00:34:08
    Robin Hood on this channel I can't stop
  • 00:34:11
    that I don't know I've monetized the
  • 00:34:13
    channel uh because all this I I like
  • 00:34:17
    donating and this is just allowing me to
  • 00:34:20
    donate a ton more money than I can
  • 00:34:21
    usually donate so it's super cool um and
  • 00:34:25
    I figure like why not just turn on
  • 00:34:26
    monetization then I do have to pay taxes
  • 00:34:28
    on the earnings uh but then I just
  • 00:34:31
    whatever just donate it all anyway um
  • 00:34:34
    and then I like this people are adding
  • 00:34:36
    some data to the discussion so short
  • 00:34:38
    interest went bananas in late 2020 they
  • 00:34:41
    were probably borrowing like crazy to
  • 00:34:43
    hedge all the calls because so much of
  • 00:34:45
    those calls just kept going in the money
  • 00:34:47
    over and over again again as Thomas
  • 00:34:49
    perrey talked about um this is what I'm
  • 00:34:51
    about just like tell people like this
  • 00:34:53
    story is amazing and this person got
  • 00:34:56
    concerned cuz I said t plus 400 I was
  • 00:34:57
    kind of joking but the next console
  • 00:35:00
    cycle should be should be out here in
  • 00:35:06
    2027 hopefully um and the console Cycles
  • 00:35:09
    have just historically been huge for
  • 00:35:11
    GameStop we can see long form graph
  • 00:35:13
    which I've got where is the longest form
  • 00:35:16
    one I'll just go look at this guy so you
  • 00:35:19
    can
  • 00:35:21
    see um console
  • 00:35:24
    cycle uh PlayStation 3 PlayStation for
  • 00:35:28
    PlayStation 5 huge so PlayStation 6
  • 00:35:32
    isn't even that far away and look at the
  • 00:35:34
    response like you know institutions and
  • 00:35:37
    so for they want a chunk of GameStop
  • 00:35:38
    going into his console cycle so that's
  • 00:35:40
    why I was talking about that part there
  • 00:35:42
    do you guys really have yeah pretty much
  • 00:35:45
    and then um I like this post so isn't it
  • 00:35:49
    a little intellectually dishonest not to
  • 00:35:50
    mention that it's not like the old
  • 00:35:52
    shorts just sitting paying rent and
  • 00:35:53
    doing nothing else they shorted again at
  • 00:35:55
    the top of the sneeze yep uh but but you
  • 00:35:58
    got to think about the volume and I
  • 00:35:59
    don't know a good way to do this um and
  • 00:36:02
    then they would have kept shorting it at
  • 00:36:03
    the top over and over again and I had
  • 00:36:04
    said that exact thing in the video I
  • 00:36:07
    think it's right here so I didn't ignore
  • 00:36:09
    that part I made sure to talk about that
  • 00:36:10
    part it's like right
  • 00:36:13
    um here where I was filling in they
  • 00:36:16
    could have been shorting all up here but
  • 00:36:18
    here's something also to think about
  • 00:36:20
    again going to that long form graph I'm
  • 00:36:22
    not going to have like a way to do this
  • 00:36:23
    very well mathematically but let's just
  • 00:36:26
    think this stock has never been higher
  • 00:36:31
    um than where it is today except during
  • 00:36:33
    a very brief window of time really
  • 00:36:36
    because if they've been shorting this
  • 00:36:37
    thing since 2014 or 2017 or longer and
  • 00:36:41
    they've just been holding a lot of
  • 00:36:42
    shorts or rolling them or paying rent on
  • 00:36:44
    them so you've only got this period of
  • 00:36:47
    time and the volume here is tiny
  • 00:36:51
    compared to the volume all back here
  • 00:36:53
    absolutely tiny the float was turning
  • 00:36:54
    over so frequently back in here but
  • 00:36:57
    here's something as well to think about
  • 00:37:00
    I've talked about cost to borrow in fact
  • 00:37:02
    I keep it open right here so this person
  • 00:37:04
    always shows cost to borrow and here it
  • 00:37:07
    is in green right so immediately after
  • 00:37:10
    the sneeze cost to borrow went way way
  • 00:37:11
    down and right now cost to borrows
  • 00:37:14
    really low but cost of borrow has been
  • 00:37:16
    very high for long periods of time back
  • 00:37:17
    here so rent is not negligible and rent
  • 00:37:21
    adds to your cost basis if you're a
  • 00:37:22
    short seller so let's do something like
  • 00:37:24
    this so what I was thinking about this
  • 00:37:26
    morning
  • 00:37:29
    as I was laying in bed debating whether
  • 00:37:30
    or not to get up I was like you know I'm
  • 00:37:32
    already thinking about GameStop let's
  • 00:37:34
    just make a video about GameStop too
  • 00:37:36
    while we're at it is um the current
  • 00:37:39
    share price is
  • 00:37:41
    here and I said anyone below this line
  • 00:37:44
    is underwater but really what this line
  • 00:37:47
    does is it moves like
  • 00:37:51
    this because the older oops to do that
  • 00:37:56
    the older your
  • 00:37:59
    short the more rent you paid on it over
  • 00:38:01
    time and there were key periods in time
  • 00:38:03
    you can just look at the graph right
  • 00:38:04
    here when rent was really high on these
  • 00:38:07
    shares especially 2022 so back in here
  • 00:38:11
    cost to borrow blipped up really
  • 00:38:14
    strongly coincidentally that's when
  • 00:38:17
    credit Swiss blew up right and then back
  • 00:38:20
    in here cost to borrow was extremely
  • 00:38:23
    high too so if you were holding shorts
  • 00:38:26
    from back here and let's say you short
  • 00:38:27
    it at
  • 00:38:28
    $5 right well today you've now been if
  • 00:38:31
    you've been holding this short and you
  • 00:38:33
    were short back here at like $5 right
  • 00:38:36
    here right your true cost basis though
  • 00:38:40
    keep kept Rising every time you poured
  • 00:38:42
    some more rent into that short to hold
  • 00:38:44
    it and there were long segments here
  • 00:38:46
    where this thing was 30 40% cost to
  • 00:38:50
    borrow right um or if you were holding a
  • 00:38:52
    position via puts or swaps you've been
  • 00:38:56
    paying in rent so so realistically I
  • 00:38:58
    don't know how exactly to model this
  • 00:39:01
    second line this blue one but it makes
  • 00:39:04
    the volume of shorts that they could
  • 00:39:06
    have entered at these recent tops even
  • 00:39:10
    smaller that's really my thought here
  • 00:39:12
    cuz the person's basically saying he's
  • 00:39:13
    not mentioning the recent shorts that
  • 00:39:16
    offset the Legacy shorts and it's like
  • 00:39:19
    no I did I talked about that they
  • 00:39:20
    probably just didn't listen long enough
  • 00:39:21
    to hear it which is fine because my my
  • 00:39:24
    videos like this one go way too long um
  • 00:39:26
    cuz I'm just kind of talking to myself
  • 00:39:27
    but there was a really good video that
  • 00:39:30
    talked about they broke down essentially
  • 00:39:33
    the the relationship is between these
  • 00:39:35
    two it wasn't a video it was a DD old DD
  • 00:39:38
    but they're basically were showing like
  • 00:39:39
    this is a drop in the bucket compared to
  • 00:39:41
    this and they did some mathematical
  • 00:39:42
    analysis and basically show there's it
  • 00:39:44
    also just adds more shares to their pile
  • 00:39:47
    and what it does is it means that every
  • 00:39:48
    new dollar change down here is
  • 00:39:51
    devastating for them CU it not only does
  • 00:39:54
    it make these ones even more underwater
  • 00:39:57
    but but then these ones which are
  • 00:39:58
    supposed to offset these ones are now
  • 00:40:00
    underwater or less valuable right so
  • 00:40:03
    what it does is if they did short the
  • 00:40:05
    top back here to a tremendous degree it
  • 00:40:07
    forces them into a Tighter and Tighter
  • 00:40:09
    triangle so again if they did it again
  • 00:40:10
    here now it's like every dollar of
  • 00:40:12
    movement down here towards the end of
  • 00:40:14
    this triangle or the end of the whole
  • 00:40:16
    formation is they they need to just keep
  • 00:40:19
    pouring more and more shorts into it and
  • 00:40:21
    then someone asked a really good
  • 00:40:22
    question they were like with the recent
  • 00:40:23
    dilutions doesn't that mean that they
  • 00:40:25
    need to even apply even more volume now
  • 00:40:28
    into it and I'd say yeah absolutely and
  • 00:40:30
    it's going to cause this thing to be
  • 00:40:32
    Tighter and Tighter and Tighter because
  • 00:40:33
    any tiny percent or dollar change down
  • 00:40:36
    here now um affects these ones super
  • 00:40:39
    strongly these Legacy ones devalues
  • 00:40:42
    these ones really strongly and these are
  • 00:40:43
    the ones helping them out keeping this
  • 00:40:46
    part you know from blowing them up and
  • 00:40:49
    it's like I think it's actually even
  • 00:40:52
    more exciting that they piled in more
  • 00:40:53
    shorts after the fact so I don't think
  • 00:40:56
    it's intellectually Dishon at all I
  • 00:40:58
    think it's exciting the fact that the
  • 00:41:00
    only reason that they could be net
  • 00:41:01
    positive on the whole situation is
  • 00:41:03
    because they resorted it they hardly
  • 00:41:04
    closed out anything how like you can't
  • 00:41:08
    close out some shorts and open new
  • 00:41:09
    shorts and say you closed out like no
  • 00:41:11
    you entered more shorts you basically
  • 00:41:13
    averaged their dollar cost averaging up
  • 00:41:15
    with more shorting um and then this
  • 00:41:18
    thing here they're concerned about this
  • 00:41:19
    7 to1 number I just threw out there and
  • 00:41:22
    if they've been following the channel
  • 00:41:23
    which they probably haven't because why
  • 00:41:25
    would you why would you listen to some
  • 00:41:26
    guy at 4: in the morning morning ramble
  • 00:41:28
    endlessly about GameStop that would just
  • 00:41:30
    be crazy to do but we've got the DRS tab
  • 00:41:32
    here and we can see from our surveying
  • 00:41:35
    the people that follow this channel
  • 00:41:37
    which again have got to be crazy people
  • 00:41:40
    um are um 40% on average DRS we've got
  • 00:41:44
    that like right here trim DRS percent
  • 00:41:47
    40% it's coming in like right here here
  • 00:41:50
    it is percent DRS 40% so this is just
  • 00:41:53
    like Fanatics following the channel
  • 00:41:56
    responding to the survey typically um
  • 00:41:58
    and again in real life I don't know
  • 00:42:00
    anybody that even knows about DRS except
  • 00:42:02
    well two know about it but aren't DRS
  • 00:42:04
    right now so like basically what we're
  • 00:42:08
    saying is you can extrapolate from this
  • 00:42:10
    and say that means that like most people
  • 00:42:12
    aren't DRS most shares held by household
  • 00:42:14
    aren't like it just that's just the way
  • 00:42:15
    it is they're trying to say they're
  • 00:42:17
    asking this good question
  • 00:42:20
    um is there any information that the DRS
  • 00:42:23
    position doesn't represent the vast
  • 00:42:24
    majority of all household gme holders
  • 00:42:26
    yeah the fact that even people
  • 00:42:28
    responding to the survey are 60% not DRS
  • 00:42:30
    International people have a lot of
  • 00:42:32
    trouble dsing a lot of people have
  • 00:42:34
    shares in retirement accounts like I do
  • 00:42:36
    that I'm not going to DRS right
  • 00:42:40
    so yeah so and and I'm not saying that
  • 00:42:42
    there's billions of shares out there I
  • 00:42:44
    think that claim comes up a lot but I'm
  • 00:42:46
    just saying they've shorted this thing
  • 00:42:48
    like crazy I had my little um simulation
  • 00:42:50
    I built too that basically showed this
  • 00:42:54
    was back when the outstanding shares
  • 00:42:56
    were was 3 6 back there and we were
  • 00:42:59
    saying if the percent DRS was 22% back
  • 00:43:02
    there which is like 1 and5 then that
  • 00:43:04
    indicated a lot of naked short selling
  • 00:43:07
    right there because you can see this is
  • 00:43:09
    the nonfat this is institutions and
  • 00:43:11
    insiders this is your DRS amount right
  • 00:43:13
    here and this would be the rest all the
  • 00:43:15
    other four shares that are in Brokers
  • 00:43:17
    for every one share that's DRS and it
  • 00:43:19
    goes way over the available float way
  • 00:43:22
    over the short interest which at the
  • 00:43:24
    time was higher and it's like into this
  • 00:43:26
    no man's land which indicates the only
  • 00:43:28
    way that that position can exist is with
  • 00:43:30
    a naked share um supporting it somehow
  • 00:43:33
    or a borrow from an ETF or a mutual fund
  • 00:43:35
    I guess that would be possible too um so
  • 00:43:38
    anyway I thought it was a great question
  • 00:43:40
    and I liked how this person
  • 00:43:44
    said
  • 00:43:48
    um waiting for an answer to this one um
  • 00:43:52
    you make excellent points that you won't
  • 00:43:53
    receive any honest response to like well
  • 00:43:57
    you know this is this uh whole channel
  • 00:43:59
    is just a conversation um people bring
  • 00:44:01
    up things all the
  • 00:44:03
    time um I do think they play in the
  • 00:44:05
    volatility what I'm actually more
  • 00:44:07
    worried about in the picture here than
  • 00:44:09
    them shorting the top I think them
  • 00:44:10
    shorting the top is actually great
  • 00:44:12
    because it's like yeah fight this by
  • 00:44:14
    shorting it more that's exactly how they
  • 00:44:16
    failed in late 2020 so if they keep
  • 00:44:18
    doing it then that's like I think that's
  • 00:44:21
    great that's more future buyers right
  • 00:44:23
    just price needs to move up and blow
  • 00:44:25
    them out again uh what I'm more conc
  • 00:44:27
    concerned about is how much have they
  • 00:44:28
    recouped on options premiums during all
  • 00:44:31
    this because when they do that it takes
  • 00:44:33
    this whole line and lowers their cost
  • 00:44:35
    basis so every time they steal people's
  • 00:44:39
    premiums by delaying settlement
  • 00:44:43
    or um whatever they're doing right they
  • 00:44:46
    can then claim that as a gain lower
  • 00:44:50
    their cost basis they're selling call
  • 00:44:52
    you know doing whatever they're doing um
  • 00:44:54
    and that buys them more time on their
  • 00:44:56
    accounts in theory so I would say that's
  • 00:44:59
    probably more of what they're doing get
  • 00:45:01
    people really excited get options really
  • 00:45:03
    expensive premiums go to the Moon tons
  • 00:45:06
    of people buy and then they they push a
  • 00:45:08
    cycle out really really far burn a bunch
  • 00:45:10
    of people make a bunch of money
  • 00:45:13
    um and then there were like some other
  • 00:45:16
    things in
  • 00:45:17
    here
  • 00:45:19
    um yeah exactly like why would anyone
  • 00:45:21
    watch like an hourong video or an 11
  • 00:45:24
    minute video of someone talking about
  • 00:45:25
    GameStop when you're already know the
  • 00:45:29
    simple thesis here which is nothing else
  • 00:45:33
    explains all of this ridiculous
  • 00:45:35
    volatility except if someone's caught
  • 00:45:38
    and fighting for their life and we've
  • 00:45:40
    seen Banks and um hedge funds explode
  • 00:45:43
    repeatedly and the media just endlessly
  • 00:45:46
    slander
  • 00:45:47
    us
  • 00:45:49
    um so it's like yeah and overbought you
  • 00:45:52
    could call it overbought or oversold
  • 00:45:54
    either
  • 00:45:55
    way um
  • 00:45:59
    and then I had not mentioned shares sold
  • 00:46:01
    not yet bought so I wanted to add that
  • 00:46:03
    on yet like any naked Short Selling
  • 00:46:05
    strategic failing to delivering uh all
  • 00:46:08
    that stuff totally works and they do pay
  • 00:46:10
    rent I believe to the nscc on all that
  • 00:46:13
    in the obligations Warehouse or
  • 00:46:15
    whatever um yeah like honestly I don't
  • 00:46:18
    know anyone DRS right now it's crazy um
  • 00:46:27
    yeah no problem just uh drinking my
  • 00:46:29
    coffee having fun not trying to convince
  • 00:46:31
    anyone of anything but totally historic
  • 00:46:32
    this is amazing this whole story that's
  • 00:46:34
    why I love talking about it like I know
  • 00:46:36
    I do Rambles just like this one um
  • 00:46:38
    constantly but it's like I'm always just
  • 00:46:40
    amazed that like this really happened
  • 00:46:43
    and somehow I got lucky the whole story
  • 00:46:44
    of how I got involved I'm like I'm so
  • 00:46:46
    lucky to even be involved in this
  • 00:46:49
    situation how many movies and
  • 00:46:51
    documentaries have been made at this
  • 00:46:53
    point about the whole thing there was a
  • 00:46:56
    spliid splid in what did they do with
  • 00:46:58
    the split I don't know what this person
  • 00:46:59
    is trying to say but the prices I adjust
  • 00:47:01
    all the prices um in my chart so back
  • 00:47:05
    here just so people do know um prices
  • 00:47:07
    have all been split adjusted volumes all
  • 00:47:09
    been split split adjusted and so have
  • 00:47:10
    ftds but not the
  • 00:47:12
    ftds on the ETFs because I don't think
  • 00:47:15
    you can do that or the outstanding
  • 00:47:17
    shares or anything like that I don't
  • 00:47:20
    think it would matter because it's
  • 00:47:21
    dollar amount anyway so anyway you guys
  • 00:47:23
    there was one last thing I wanted to do
  • 00:47:25
    this is not going to be about GameStop
  • 00:47:27
    today but I did want to say like uh
  • 00:47:31
    there are this situation while as
  • 00:47:33
    amazing as it is honestly and I feel so
  • 00:47:35
    blessed and lucky to be involved in it
  • 00:47:37
    and to like have um somehow decided
  • 00:47:41
    people periodically I think go back and
  • 00:47:42
    watch the first YouTube videos and it's
  • 00:47:44
    like I don't even have a camera on I'm
  • 00:47:46
    looking at a spreadsheet that's like in
  • 00:47:48
    actual Excel and people are like hey
  • 00:47:49
    could you put that on Google Sheets and
  • 00:47:51
    share it with people and I was like all
  • 00:47:52
    right that sounds like a good idea
  • 00:47:53
    people are like hey can you freeze your
  • 00:47:55
    top row here so we know what you're
  • 00:47:57
    actually talking about the the community
  • 00:48:00
    has been so patient with me and um you
  • 00:48:02
    know the fact that it's allowed me to
  • 00:48:04
    fund raise
  • 00:48:05
    essentially um and then support causes
  • 00:48:08
    that I really believe in I think it's
  • 00:48:10
    just such a blessing an amazing thing
  • 00:48:13
    and um I'm I there's just so much to
  • 00:48:16
    this that I consider to be incredible
  • 00:48:18
    it's changed my life I've talked about
  • 00:48:19
    it before I'm not going to in this video
  • 00:48:20
    it changed my whole career um because of
  • 00:48:24
    like well I'll just say it um like being
  • 00:48:27
    down on my position back here during the
  • 00:48:28
    sneeze was like I don't Gamble and I
  • 00:48:31
    felt like I had lost my family money
  • 00:48:33
    that I
  • 00:48:34
    didn't um like I didn't have the right
  • 00:48:37
    to lose or or bet on something um so it
  • 00:48:40
    pushed me really hard to work extra um
  • 00:48:43
    level up my career and then like I'm at
  • 00:48:45
    this I was just talking with my wife
  • 00:48:46
    last night about this I'm at this point
  • 00:48:48
    in my career where I'm just so content
  • 00:48:49
    with what I'm doing I get to work with
  • 00:48:51
    amazing people and have a big impact
  • 00:48:54
    impact and utilize my skill set and in
  • 00:48:56
    fact a lot of doing this channel has
  • 00:48:59
    increased my skill set with um lots of
  • 00:49:02
    things um data type stuff uh
  • 00:49:06
    presentation of material my public
  • 00:49:09
    speaking and just uh I don't even know
  • 00:49:13
    how to describe it but I I see it in my
  • 00:49:16
    work that I do so all this is a is a
  • 00:49:19
    gift and I just wanted to say if you're
  • 00:49:21
    struggling because I think a lot of
  • 00:49:23
    people maybe aren't going through the
  • 00:49:25
    same experience um and I'm I'm just
  • 00:49:27
    trying to you know tell the story
  • 00:49:30
    encourage people um bring joy into
  • 00:49:33
    people's lives with with each action I
  • 00:49:35
    do each day because I feel like um the
  • 00:49:38
    world can be really hard really really
  • 00:49:40
    hard and if people work to make the
  • 00:49:42
    world a better place then it could
  • 00:49:44
    become a a paradise like an amazing
  • 00:49:46
    place but we have to put an effort to do
  • 00:49:48
    that and so that's what I'm big about in
  • 00:49:49
    my life and if you're having a hard time
  • 00:49:51
    this last part of the video is for you
  • 00:49:53
    and I just want to say to anybody that's
  • 00:49:56
    experien experiencing hardship uh it
  • 00:49:58
    could be Financial Health career family
  • 00:50:03
    um addiction depression um I know all
  • 00:50:07
    these feelings and hurts and I empathize
  • 00:50:10
    with you and I just want to say that I
  • 00:50:12
    love you and I care about you and um I'm
  • 00:50:15
    rooting for you and I'm praying for you
  • 00:50:16
    and I wanted to say this
  • 00:50:19
    prayer it's from Matthew 6 and this is
  • 00:50:22
    to anyone involved in the story that's
  • 00:50:24
    having a hard time um this includes
  • 00:50:27
    maybe people that like I see on super
  • 00:50:29
    song people post things that are like
  • 00:50:31
    there's
  • 00:50:32
    frustration um there's people that don't
  • 00:50:35
    like what I'm doing and I'm okay with
  • 00:50:37
    that I'm like that's fine like um and if
  • 00:50:39
    there's maybe something in their life
  • 00:50:41
    that's causing them to act in this
  • 00:50:43
    particular way this negative way like
  • 00:50:45
    I'm not going to sit here and tell
  • 00:50:47
    people like you can't be negative you
  • 00:50:49
    know because I don't know their
  • 00:50:50
    circumstances and perspectives are often
  • 00:50:52
    driven by
  • 00:50:53
    circumstances and circumstances can be
  • 00:50:55
    beyond our control so I'm just going to
  • 00:50:57
    pray for everybody pray for people that
  • 00:50:59
    are having a hard time today or um
  • 00:51:02
    experiencing negativity and maybe um
  • 00:51:05
    through prayer that negativity can turn
  • 00:51:07
    into positivity because I'm a big
  • 00:51:08
    believer in turning a negative into a
  • 00:51:11
    positive uh because that's something we
  • 00:51:13
    can try to do in our lives so from
  • 00:51:15
    Matthew 6 comes this passage it's Jesus
  • 00:51:18
    speaking and he says um after this
  • 00:51:23
    manner therefore pray ye Our Father
  • 00:51:26
    which are in in heaven Hallowed be thy
  • 00:51:27
    name thy kingdom come thy will be done
  • 00:51:30
    on Earth as it is in heaven give us this
  • 00:51:32
    day our daily bread and forgive us our
  • 00:51:35
    debts as we forgive our debtors and lead
  • 00:51:37
    us not into temptation but Deliver Us
  • 00:51:39
    from Evil for thine is the kingdom and
  • 00:51:42
    the power and the glory forever amen so
  • 00:51:44
    I'll just say you know God gave us this
  • 00:51:47
    day and we get to choose what we do with
  • 00:51:49
    it um I get today to go to a concert
  • 00:51:54
    it's a goose concert um and and with
  • 00:51:56
    some friends and they're just taking me
  • 00:51:58
    to this concert I'm going to be the the
  • 00:52:01
    driver and uh and um if anyone else is
  • 00:52:05
    going to that show tonight if you see me
  • 00:52:07
    say hi I'd love to see some people at
  • 00:52:09
    the show um I feel really blessed with
  • 00:52:12
    everything in my life it's just honestly
  • 00:52:14
    I'm not going to cry right now but um
  • 00:52:16
    God just continues to rain down
  • 00:52:18
    blessings on me and I hope he does in
  • 00:52:20
    your life too and I hope in some small
  • 00:52:22
    way this video helps if you're hurting
  • 00:52:25
    and I hope you have a good one I'll see
  • 00:52:26
    you guys later
Tags
  • GameStop
  • Pokemon
  • investment
  • Ryan Cohen
  • stock market
  • options trading
  • PSA graded cards
  • financial analysis
  • personal growth
  • short selling