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hey guys how's it going welcome to my stock market update number seven today I'm gonna update you on all the stocks that I'm familiar with I'm like I know of and give you some recent news that happened to them so AMD popped up a dollar when I was not talked about it was hovering around $15 ish and then some recent news happen and the stock popped up to $16 I think I believe from what I saw from bar charts they're supposed to have the quarry part in July July 24 for 27th or 25th of something that but and if it does well it just stock could go to $20 but if it does bad then it's a buying opportunity maybe well depending on how bad it does and what and the reason why I did bad so I will I will keep you guys updated on the stock market I'm sorry on the query put when it comes out if anybody cares well I care so I'm gonna make a video regardless so the news is AMD signed up a joint venture with a Chinese company to make homegrown x86 CPU processes this is going to be using the epic technology it's so it's using the Zen architecture interesting the Intel and AMD has a cross license like agreement so they had to find a way to work around this whole legal thing if you want to read more about it there's an article but it's interesting and that's I think this is a reason why the stock shot up there's no there's no news on it but China is trying to aggressively grow the techno G side of the industry and that's why this deal happen because the apparently the company that did joint venture with is owned by the Chinese government at least according to this article you want to read it go ahead and guess the second piece of news is AMD's Vega 20 GPU apparently is not a gaming GPU it's a GPU that competes with Nvidia as high end GPU for like the Tesla self-driving and artificial intelligence and it's apparently this GPU is very expensive to make and there's probably not going to be a gaming really expensive to make so there's a good chance that this is only like corporate GPU and not really a gaming GPU for the average consumer we'll see in the coming months and quarters that when this gets released its supposed to launch on the second half of 2018 and it's gonna be on the 7 nanometre GPU process seven nanometer process yeah I get and the next news is a Tesla Tesla has something interesting yeah basically uh Tesla planning to they signed a contract to make to SAP a factory in China to build five hundred thousand cars and Shanghai Factory this apparently this will take around two years or on it will take roughly two years until we start productive producing vehicles and I will take another two to three years for the factory to ramp up to full capacity of 500,000 cars per year but so if you look in the long term like five years from now I did say that Tesla could hit six hundred dollars in two thousand seven eighty and 919 but I'm probably totally wrong now but if you look at this long term like in another five years I think this stock will be $600 in five years but definitely not a year or two years down the road but you never know the stock market and hit act funny so I think it's going to be hovering between three to four hundred dollars probably to the end of 2019 and the start of two tone 2020 maybe I'll start going to four or five hundred dollars this is just my opinion though but that the factory has already been the contract has already been signed and they're starting the starting to built the facility to manufacture the gigafactory three in China to make new electric vehicles for Shanghai and the rest of China when this thing is set up this will be a test that will be a giant because I don't know I don't know why Tesla actually makes a lot less cars than forward but Tesla has that name brand behind them a lot of people like Tesla and Tesla so much more than just just a car manufacturer I guess this movie let's move on to micron waste technology micron waste technology declined quite a bit could be a buying opportunity or it could decline back down to I don't know 46 cents 45 cents but I think anything lower than 50 cents is a good buying opportunity they had some recent news about about getting a Canadian intellectual property so nobody can steal the technology and intellectual property protection so nobody can steal the technology and make money out of it so basically micron is a unique company they have a technology that nobody can really steal or make and licensed producers need them where they don't need them they can use the waste disposal but it's it's a more convenient way to use this it's more environmentally friendly and it could have some benefit with reusing the water that is made from cannabis plants so yeah it's an interesting company I like this company if it drops down if it drops down any lower than 50 Cent's I'm gonna totally pick up some more I should I should have sold off when it was hitting 60 cents and then we bought back in when it hits 50 cents it's my long-term mentality kind of bites me in the ass sometimes okay and then some interesting news for can trust I think I think can trust is a good company like I really like this company I did some research on this company I don't think double I just like what I see and I read about this company I think this company would be a good acquisition I mean it'd be if this company merged with nameste then it'd be a really good company like TLA I think contra should merge with namaste in my opinion but I don't know can't everything went down can trust also got a guaranteed at least seventeen thousand kilograms throughout the through all the supply agreements which is a which good they still they still the Toronto Ontario supply agreement that hasn't came up yet and I'm thinking that can't rest will get a decent amount at least five five thousand additional five thousand because there's so many licensed producers in in Toronto and yeah it's competitive hem Co hem Co is my next one I was talking about hem Co I was said I told hem Co was one of my recommendations to buy it declined quite a bit they I I noticed this news way j @j MMH of something the ETF added hemp go to the to the list of stocks to buy hem Co decline I had some a comment on my channel saying that hem co delayed the facility to like late summer maybe around October time frame before they set up they had they're having problems at least that's what one of my message I got on YouTube said to me so he said to he called them and asked them about the Knitting facility and they told them that they're having problems and maybe this is the reason why the stock didn't really take off but the lordís declines the more of a buying opportunity this that's at least my opinion I believe this in this company for the long term and Roy also has a fit over a fifth like a 52% investment in this company so I think it's a fairly safe company it's not going anywhere soon and because the world is such a big shareholder and I don't think I was planning to selling the stock it's probably hard to short the stock because Aurora owns a huge chunk of this company I could be wrong though but yeah anyways uh next we ride declined to the stock market has been hit pretty hard but this next week is gonna be a very interesting week because July on July 18 they will have that vote and then I think maybe July 19th they'll have the results and we could have a closeout on July 20th maybe maybe I don't know I'm hoping so next week will be a very interesting week so I'm going to end it off with canopy rivers the canopy rare bird raised 104 million dollars as it prepares to go public canopy rivers a unique investment and an operational platform structure to pursue investment opportunities in the emerging global cannabis sector canopy river was collaboratively with canopy growth to identify strategic counterparts counterparties seeking financial or operational support and affiliation with canopy growth group of companies this results in an ecosystem of complementary and best-in-class cannabis operation companies that is representative to of all various niche niche in the newly developed cannabis economy as the portfolio continues to develop Constitution benefits from opportunities join forces of canopy Grove and Cabaret among themselves resulting in ideal environment and innovation synergies and value creation for canopy rivet canopy growth an entire ecosystem of portfolio companies I don't even understand why I read it you guys probably didn't understand what I like I'm hoping my mind what I read actually makes sense you guys can read for yourself I don't understand the company what what the hell does it do how does it make revenue how does it make money why should I buy into this company if you guys are planning to buy into canopy driven let me know why give me a good reason why I do buy into this company because it makes absolutely no sense in my head I'm just scratching my head when I read it if somebody wants to elaborate a little bit please do I'm gonna end off this video thanks for watching
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