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hey guys how's it going so i've been doing a little bit of research on kathy wood and i came across a pretty interesting video and i would love to get have you guys give me a thumbs up for sharing this awesome video on part of this option awesome video i'm not going to share the full video because you should go to the channel yourself to check it out but i think kathy wood would appreciate a thumbs up so i'm going to play the video and i'm going to talk about why kathy woods believed that the stock market is not going to crash well let's see if she's right because uh december is come november the election is coming up very soon and i'm really scared of the election to be honest if it wasn't yeah i'm scared of the election so we'll see what happens uh anyways i'm gonna play the video and then i'll talk more about it so growth curves i don't think people understand what that means just one uh electric vehicles when we first started ark six years ago auto companies most analysts said maybe that's 10 15 years away we are at the cusp today of electric vehicles dropping on a sticker price basis dropping below uh gas-powered p vehicles in terms of price uh and they will continue to drop further in price as time goes on and as battery costs come down i think the fear out there from an investment point of view is related to the tech and telecom bubble everyone thinks we're in a bubble again and we are not this is the real deal one last question how does this compare with previous booms that i've lived through this is not similar to anything that either you or i and i'm much older than you are have experienced in our lifetimes you have to go back to the early 1900s to see three technology platforms evolve at the same time telephone electricity and automobile believe it or not they were all considered technology back then those were three we have five now involving 14 technologies uh we the this is the most exciting period we are are ever going to experience certainly we are and what's nice about these platforms uh these five platforms is they are launching pads for even more innovation uh and they are converging so autonomous taxi networks are the convergence of robotics autonomous vehicles are robots energy storage they will be electric i just told you the costs are dropping and will mandate it and they will be powered by artificial intelligence uh so clearly from what she just talked about she doesn't expect a stock monkey crash at least in the electric vehicle space uh like she doesn't well of course she wouldn't think tesla stock would crash she's uh she's a big shareholder of tesla but yeah i don't know it's just that uh i'm scared of the election time that's why i always preach you know have some money on the side and the closer and closer you get to the election starts taking the cash into real cash and don't hold as much into stocks but that's not financial advice that's just my own opinion so you know do realize that a stock market crash could happen but anyways um let's talk a little bit about workhorse she's invested in workhorse obviously over 400 000 shares 400 000 shares at 16.52 cents i believe i'm just doing a rough estimate i don't know if it's exactly but let's call it 16 roughly 6.4 million dollars into workhorse that's a lot of money that's quite a bit of money into workhorse so her value of workhorse is about 6.4 million dollars i have almost 400 000 shares uh that's you know that's a lot of money if the stock dropped to two dollars on tomorrow's earnings wouldn't she just like depending on like what like happened you know she could determine hey this is a buying opportunity or not i don't know but if it does drop down to four dollars i'm probably i'm probably going to pick up some shares for sure but uh will it i don't know i don't know i don't think so but i'm definitely gonna listen to the earnings report i have to wake up early a little earlier than expected 8 8 a.m uh monday because i think the the time the earnings will start is at 10 a.m so i'll wake up a little earlier just in case i might have missed it but i might may have missed it but i'm gonna definitely try to get up early for the earnings call and live stream it because i think there's going to be a lot of people interested in it and i'm definitely have to live stream this because it will help my channel grow at least i hope it will i don't know for sure but hey i'm going to try anything to grow my channel electromag solo uh i think they're having earnings next week i'm not 100 positive they don't have a date out yet but hopefully they do i'm going to email investor relations after this uh video after i make this video and tell and ask them if um like if they're gonna have the investor relations or are they gonna have a you know an actual conference call for the earnings and when is their earnings right after this video and then for very good food company i thought about it i really did and i decided i'm not going to the investor meeting in vancouver simply because covet 19 is going on right now and i would prefer to stay you know where it's safer because you know it's a real hassle to go out uh like leave the car leave you know edmonton to go to vancouver so i'm just gonna stay at home because it will save a lot of a big headache if i don't go it's just that simple so i'm going to stay at home screw uh you know sucks i wanted to attend the very first uh shareholder meeting but i'm not and that's just my decision but i still rooting for the company if the stock drops down to a dollar uh i'm probably going to buy some more it you know maybe i'll buy a little bit more at 130 and then if it keeps dropping from there i'll just keep adding on to my position so yeah that's my plan moving forward this is not financial advice to anyone i just i don't know uh i think that this company has potential it's just it takes time for the company to unlock his potential because you know business takes a while you can't just snap your finger and have everything up and ready and running operational it takes years to develop the the infrastructure around a very good to be a giant company so this is a long-term way most businesses are long-term weight so we'll see where the future uh holds for a very good food company but it's definitely a company i'm closely following and very interested in and will remain at least a shareholder uh my position will determine where the stock price goes if it keeps going down i'm going to add on to my position and if it goes up i may sell off some for profit that's just my how i'm going to play this game a weight and see kind of scenario but i'm going to take profits from now on you know just a little bit of profit but i'll still remain a shareholder in this company even if it's like you know five thousand shares or ten thousand shares not disclosing how many shares i have i'm just saying that you know i i'll have like you know maybe ten thousand five thousand or twenty thousand but i'll remain a shareholder and uh if it keeps going down i'll add on you know maybe a ten thousand shares if they ever drop to i might buy like 10 000 shares when it drops to 130 and if it drops down to like 120 i'll buy another 10 000 and if it goes up to back to 150 i might sell off 10 000.
you know that's just how i'm gonna play it but yeah anyways uh thanks for watching guys i hope you enjoyed this content give me a thumbs up it helps my channel grow subscribe for future updates and have a great day bye
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