저자: Kevin · 외국인
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CPI·FED·옵션 만기일과 테슬라 주주투표를 앞둔 날, 브로드컴 실적 호재에도 장 마감 직전 매도세가 과도하다고 보고 옵션을 다음날로 이월. 게임스탑은 대규모 현금 확보로 시가총액 대비 재무가 탄탄하다고 주장하며 긍정적 시각 유지. 로칭 키티(Roaring Kitty)의 콜옵션 포지션 만기 전후 주가 향방과 시장 조작 논란도 언급. 트럼프 관련 정치 이슈와 테라 루나 파산 관련 이야기가 이어짐.
다듬은 글
today is a very special day want to know how special it is Mikey I'm so happy we are back there a great tendies day I took some tendies I want to know how special it is it's so special it is CPI day fed Day coupon expiration day the eve of the Tesla shareholder vote and the very special day we open what's in this box which part of me really wants to start with this and then we can talk about Donald Trump the roaring Kitty my Tesla thesis we'll throw that in here as well the hell's going on with Russia and Cuba what is this Cuban Missile Crisis 2.0 holy smokes we got to talk a little bit about this short BTC thing so we got a lot to cover along with whatever else comes up in the meantime but I think it needs to happen after that box what do you think let's open it let's do it the eve of the Tesla shareholder vote as I stated on x people get mad when I say Twitter the vote should pass even if it doesn't I'm optimistic that uh there's a backup plan or backup contingency in place where you know Elon and Bor won't want the stock to plummet so they'll say don't worry we'll come up with a new plan for proposal or whatever and eventually they'll figure it out but look at this that's this is These are nice this is like a porcelain or or I don't know some kind of goodlooking ceramic I like that that's nice that's pretty beefy I saw they came out with another like Silk rack tequila the other day and somebody's like Kevin you should buy this I go what makes you think I drink I've never seen you drink usually my vision's pretty blurry I like how on it it says haha cheers there's like a little oh yeah the the Hedgehog the Hedgehog meme guy all right so uh here we go oh yeah oh no I need a bottle opener quick save me uh yeah it's not it's not twistable okay anyway while we uh stand by for a bottle opener we did have a market that sold off into a close ooh Fireball uh office Fireball uh we did have a market that sold off into the close thought maybe there'd be a little bit of a bounce what seems to be happening right now is u a lot of profit taking that happened during the actual uh sort of fed meeting and towards the end of the FED meeting that's my guess mostly because we're all after broadcom's results which were positive it was up like 9% after we're already seeing a comeback in markets I think that was an absolutely overdone sell-off into the close so uh even though I took some big tendies today I did carry some new options that I open over to tomorrow because I believe that selloff is overdone so uh we'll see what happens but I I think you also bought some options into the cloth what what did you buy going into the cloth so going into the cloth I re-bought a lot of the like the Tesla calls that I had today cuz I sold those for you took some tens Hefty tendies uh I sold Tesla and I sold my apple and then I re-bought Tesla apple and GameStop just absolutely took a nose dive so I was like I am in on that too you know it's funny I have the chart for those $20 call options uh for roaring kitties got 120,000 120 or 125,000 contracts of those um uh outstanding for June 20th I think next Friday what ever it is 21st and uh I have the chart up and I remember I saw them today I'm like oh they're like you know $11 $12 they're up from their lows of like seven uh after the market closed I got back I went to my computer and I'm like what they're down to like six bucks again so I'm not really sure what happened there but uh yeah those had a little bit of a tank into the so you bought the the GameStop dip there I did what's the current thesis on uh what's happening with with GameStop are people thinking they're going to buy steam is it just enthusiasm that because they have so much cash and no debt now that they're going to be able to do whatever the hell they want what what are people betting on we just like the stock man yes yes uh yeah this reminds me I won't mention names but uh somebody yeah $6.40 is where those calls ended uh somebody cheers dude cheers bro cheers uh somebody asked me they're like hey man do you want to go uh do a live stream about GameStop H it's not bad yeah I thought it was going to be gross it's actually pretty good uh do you want to do a live stream about GameStop and we could like fundamentally analyze GameStop and I'm like well a I've already done that many times on the channel uh B are you trying to poooo on the financials and they're like yes I said absolutely not like no nobody we we don't need to go there like this we like the stock it's it there's momentum in it uh and quite frankly now the financials are actually really robust because they don't burn that much cash compared to what they just raised I think they probably I mean now I got to look at their cash flow and just look at it really quickly but before they raised money yeah they were losing a little bit of money but it wasn't like horrible uh but now they have lots of money to do whatever they want with it so it's actually very interesting I'll look at it uh Christian do we have mine plugged in if we do I can uh I could probably show the um the uh dock here so these are going to be the quarterly results will grab the earnings release and let's just look at their cash flow statement here it is cash flow from operating activities negative $17 million but that's and that's for the quarter end so they lose about $400 million a year but consider that they just basically raised what three and.
half to4 billion so they just raised about 10 years of operating l es I don't think people realize how much cash they have now it's actually really crazy what's the thing Worth gme Stock it's uh it has a market cap of nine and they just basically raised half their company in cash so it's kind of like just paying almost two times booked for the company and you got huge brand value massive Nostalgia you ever go to a midnight release a GameStop I never did I so I didn't really grow up with any consoles like I didn't have like the PlayStation or anything you were deprived I was I was so jealous every time I'd see it Halo games or whatever what was coming out at the time yeah i' I'd go to uh Splinter Cell and World of Warcraft midnight releases and I think I went to the Halo 3 but yeah you go to the mall and it was weird cuz nobody's at the mall like all the doors are locked except one like weird side Mall entrance door and then there's just a bunch of Gamers with hoodies hey hey so you a rogue or are you a druid you you kind of look like a rogue people like trying to speculate what you are that's cool and our generation has the Nostalgia of still buying games at GameStop and now you have a company that quite frankly has 10 years with a lot of retail locations to figure it out mhm so no I I don't want to hold a live stream pooping on it uh cuz quite frankly they're honestly just in a good spot right now so good for them we like the stock yeah there you go all right uh so uh what do you got you were going to you brought something up on Roaring Kitty what do we got there oh yeah I was just going to go over his call also he has uh like you mentioned 120,000 calls the strike price of $20 expiring on the 21st he had a live stream what was that Friday this last Friday and uh you know I don't it's an interesting position he's in because he's sitting on a lot of money if he can liquidate it and I don't think it'll look good if he liquidates it in advance plus everyone will be able to see that happening because he's got a lot of shares or a lot of options so I guess hold it till close but that means that he it's in his best interest to make sure this rally keeps going well 100% because if this if GameStop closes for less than $20 next Friday and he's still and it's at $25 now and he's still holding those contracts that those are $200 million of contracts that literally go to zero to zero and he spent like 60 mil on them I think yeah yeah fair fair so but still even 60 like even your basis going to zero it's like oh holding contracts to expiration I don't I don't know that I've ever like on some of these calls especially if you did out of the money which I think he started out of the money he was buying them in early May or something like that uh or miday ah man that's a that's tough proposition but I mean good for him Christian we can pull up the chart right here this is actually a chart of the um call options pricing itself uh charted out over a period of an hour and so you could see here in early may this is when we got the lean forward emoji on GameStop and you could see that this option pricing at one point went as high as $46 per contract uh and then uh this was I believe leading up to his live stream right here we leading up to his live stream they were worth somewhere around $26 now a contract's worth six so the volatility of this is insane like he's got to look at his portfolio every day and when it's red he he's going to need a little more than a hinin to say the least goodness gracious but all we'll see what happens I mean uh last time he Diamond handed yep do you think he's going to Diamond hand again yep mostly mostly because now he's he's got like eyes on him right he's getting scrutinized so he could get at this point like people know who he is they know what he's doing he can get in trouble for Market manipulation uh not to mention like as long as you stay relevant in that Meme space especially with like the Wall Street bets crowd yeah it's a lot of power like you could always come back and make more money in the future but once you burn that bridge years exactly so he's actually incentivized to hold to expiration say he post held to expiration and then in two years from now cuz he's made he's up plenty of money in two years from now have another Lean Forward chair with some new calls he positioned and just do it again just like he disappeared for three years and came back so I mean you're right keeping that reputation going there is is important and I personally don't think he's a market manipulator but I do think a lot of pissed off suits are going to allege it and I wouldn't be surprised if some Regulators try to open some kind of Investigation uh I don't know that anything will come of it but it wouldn't surprise me I'm not saying it's right but I will say it's something I'm paying attention to because in that just in social media even in general or even just us like as as as regular people you know if you post your trades on on X let's say and it does really well are you now a market manipulator I mean if he is then are you or is every short seller we should start with Congress Nancy Pelosi Pelosi she's a very good Trader somehow I don't know how she's so good somehow she just always seems to strike what do the shorts look like on GameStop right now oo short interest on GameStop I'll I'll boot it up and we'll find out but uh last I checked it was somewhere around 26% I know there are a lot of uh short sellers who are like oh we're ready to short it again so I think what happens is when you start getting these downtrends uh it's it's the short seller jumping on the bandwagon and they're helping kind of contribute to its fall which is interesting I don't think I saw any stock exchange halts today on gme uh do a quick peek of that so if I just do NYC trading halts you can Google that you get all their trading halt data and as it fell today how interesting not a single halt at all today on GameStop oh interesting oh well it's oddd oh right yeah yeah yeah I got they pulled up uh while I pull that up um what else I think that's um I mean he he posts memes like every single day uh and his I remember he commented on people liking his meme or being thank thankful that people liked his memes because when he was 30 minutes late I'm like here I'll just do a presentation of what he's going to say and we're like oh guys thanks for the memes thanks for coming oh wow almost half a mill of you or whatever it was almost like verba remember we did a little short on YouTube with it and it's like this is crazy it's it's it was it was flattering how accurate it was but also kind of funny it's like yeah guys Thanks for liking he's like how could you look at him and be like oh yeah that's a that's a market manipulator he's just a dude but that was also part you know a lot of people alleged like well that was part of his act that's part of the show he he's so smart he knows he has to look like just the dude so it's harder to convict him in front of a jury I actually agree with that I think he's kind of playing a role a little bit because he's licensed right he's got a bunch of licenses like I think he's got like the series 24 General principal license which is a hard one to get he's got a bunch of Securities licenses and he used to work for a broker dealer they got fined uh for not monitoring his social media posts in the past it was like $4 million fine or whatever so um was this during the first Rally or pre first rally yeah yeah after after the first rally I think it was finra that fined him for not monitoring his social media but that's because they had a policy that said they would monitor his short his his uh social media okay so the latest data that I have at this moment is if pulling it up right now live uh recording his life the latest that I have right now is that we're only at 14% I think that's going to Skyrocket I think that's that's pretty low that that'll Skyrocket pretty quickly so but that's also a little dated we're actually going to get the next set of short interest out of probably in couple days because the exchang is only reported every two weeks and other firms third party for firms they try to come in and estimate what they think the trends are going to be based on Flow data that they're seeing I see yeah and they try to estimate those changes over time gotcha yeah so give it two days so Friday check it out but see Friday's after coupon expiration day so remember me kevin.com link down below okay what else all right let's talk about Donald Trump oh Donnie T Donnie t a few things to cover he had some comments on Taylor Swift that are kind of trending right now and I thought they were kind of funny so this is a an for an interview and he uh well I'll just get right into it here's what he had to say about Taylor Swift do you want to do it you do it I'm not going to do the Trump impression but he said I think she's beautiful very beautiful I find her very beautiful I think she's a liberal she probably doesn't like Trump which is kind of funny that he refer to himself in the third person I hear she's very talented I think she's very beautiful actually actually unusually beautiful and then later in the interview he says she's a liberal or is that just an act she's legitimately liberal it's not an act it surprises me that a country star can be successful being liberal I think he doesn't pay attention to her basically at all yeah because just calling her a country star does minimize what she's become she's a great entrepreneur she's a showstopper uh obviously has moved into pop uh and other themes uh her her albums are almost all like different themes they're really incredible like reputation is so different from from you know some of the others we've seen so um or 1989 whatever just examples so uh and how she's doing all the eras which are like all these different personalities this is way more than just a country singer so Trump referring to her as a country singer kind of implies that I feel like he's kind of doing what Trump does best which is like trying to say something that everybody can agree with and who disagrees that she's a pretty girl uh I don't think there are many people that are like oh she's ugly okay maybe there are some but it's it's certainly going to be 70 to 80% popular and I think that's a little bit of what Trump likes to go for like people start oh oh you're against cbdc Central Bank digital currencies oh oh okay what does that evolve into I'm going to be the crypto president of the world everybody freaks out screaming roaring now he says it every single rally I'm going to be the crypto president no Nobody seen a crypto president before crooked Biden or is it crooked Hillary it's crooked Hillary Hillary crooked Hillary sleepy Joe yeah sleepy Joe probably doesn't even know what crypto is probably doesn't even know what money is cuz he lost it all to hun her by it's also funny that he's asking is she a liberal and mentioned she probably doesn't like Trump she's like tweeted against him like a couple of years ago right yes oh she is like very vocally anti like she there's a famous video I wonder if I could find it uh not that we have to play it but there is a video of Taylor Swift almost in tears uh encouraging people not uh to vote for Donald Trump and suggest like oh man I I I want to find it but she's on a couch with her whole family there is a clip of her sitting with her family on the couch talking about how she morally feels like she has to speak out and defend against Donald Trump uh uh and she doesn't care about the potential political backlash so yeah she doesn't like Trump trump apparently doesn't know that he doesn't know that it seems all right so what else we got what's else going with Donald Trump I heard he had a gun and now he's not allowed to have a gun or something like that crazy well he's a he's a convicted felon so he's not allowed to have a gun but is that every St is that wait Florida though Florida the gun is in Florida but it's registered in New York oh see I think Florida even can that would be interesting Canen felons in Florida have a gun pretty sure anything goes in Florida pretty much Florida man uh they um they went to constitutional carry with DeSantis and uh it does look like at least presently they're generally prohibited uh but then there are exceptions like legal Pathways for restoring your right usually after waiting periods so yeah he probably would have to that's I personally think and and I know people get mad at me for this but people get mad at me about everything this is why do I wear a vest that says don't don't sue me bro and just like in case that is invisible you know I got my I got my double fist in it yeah uh so Donald Trump should be pardoned and I'm going to say by the Democratic party to make that clear because Biden can pardon him federally and then obviously the other leaders in the Democratic party in state positions of power can pardon him on state levels okay we don't need to get into the Nuance of this because as soon as you say well he can't be part A State Crime okay listen blanket pardon everything in coordination the Democratic party is very coordinated uh I found that out running for governor they are extremely coordinated there's no competition in the Democratic Party The Party makes a decision the entire party goes in that direction and everyone working in the democ Democratic party is either with that party decision or against it there's no decent in there it's it's kind of weird uh probably good for party Dynamics but probably badet net for America because you can't have Choice amongst Democrats but what happens is if you pardon Trump you actually give Biden some big coonis because it would show like that Biden is so confident that he could beat Trump even without him being a criminal it makes it seem like Biden doesn't have to rely on the Crux of the legal system to beat Trump whereas if Trump loses now it's like well you had to put your whole da wherever uh to get Trump you couldn't win a fair fight so it's like even if Biden wins there's an asterisk there'd be no asteris if he had the balls to Pardon him that's an interesting point do you think do you think it would increase uh Trump's chances of winning if he got pardoned I don't think it would make a difference if he got uh pardoned uh uh because what I well what I do think is I think the conviction substantially helped Trump because I think it sent a huge signal that we've never had this happen before where uh you know what what is it like an 8-year-old case is brought up and the statutes of limitations are extended through whatever various loopholes or whatever and campaign Finance laws to bring a case over something like this uh to you know which sounded like it was a consensual relationship whether there was sex or wasn't sex and it was really just about a mutual payment MH it it just feels reachy I'm not saying that Trump doesn't do Shyer things I think Elon does Shyer things too and I like Elon uh and and so really here this is where I don't think you want to be the president I don't think you want to be Biden where you win because you weaponize the J jce system I just think that's like that's a weak win MH you know win win right you know win on uh you know clean up your messaging on how you're winning on inflation on jobs uh you know the economy because even though the economy feels like poop right now because prices are so high at least the data that we're getting is probably a lot of it just like government spending in AI but a lot of the data we're getting right now is like at least right now it seems like things are doing well that's the message that Biden should go with I'm not saying that's how everybody's going to feel because there are a lot of people who think no everything's crap right now business is slow small businesses are suffering it's hard uh it's hard to hire people at a reasonable wage car loans are expenses student loans are expensive and that's the argument Trump should go with but that's my point is Biden should say economy is good people can decide if they believe that vote for Biden if you don't believe it vote for Trump but it shouldn't be vote for me because he's a felon that's that's I think an as risk of a win I'm I when you said 8-year case and I had to think about it's like no no that was just as yep eight years and that's kind of mind-blowing time is really flying yeah 2016 was when the whole hush money uh contract was made it was like October of 26 or sorry 2016 right before the election that's when the payment was made not when the alleged Affair occurred that was like way before that I think that was wasn't that in the early 2000s when did she allege that mid 2000s yeah yeah that was even another 10 years before that so how is she supposed to uh him or her supposed to remember all this stuff it's crazy uh anyway do you remember where you were during the election results 2016 I actually remember exactly where I was uh uh 2006 by the way an aair 2006 nice good call yeah uh I was on the way to drop off our mail in b in California uh cuz you know we fill them out at home and then I take him to the Dropbox we could drop them off by like 9:00 p.m.
or whatever so the election was already called uh but I had to show it was a cop I had to show a cop a rental property so I unlocked the door for the cop showed him the rental property uh which was like at 8:00 and then as I left that rental property I'm driving over and I'm looking at there all like this is gonna be crazy because nobody thought he was gonna win so I remember looking at like oh the next four years are about to be really fun you know and so a lot of people like Lauren's mom she couldn't she couldn't sleep for the next 3 or 4 days she's just like what the the country's going to go to hell we're going to World War III like the extremeness of opinion out there I'm just like dude every pollster is a that's all I was thinking I'm like this is crazy everybody said there was not a fat chance that he would win I was working in San Francisco at the time and I was home I lived in Oakland and uh the guy who I lived with was having a party like a viewing party for the election results so there was like maybe 20 or 30 very very liberal people gathered around the TV watching the night ended in tears it was so awk CU it started with like drinking and good times it's a political party yay and it got so somber so quickly and by the end of the night people were crying like it was it was it was something man I think it's pretty remarkable just uh most of us uh it seems like when it comes to like the it feels put a lot of weight on the election people are like I'm not going to make a business decision until the election I'm not going to buy a house until the election I'm not going to buy stocks until the election I'm not going to do whatever until the election I've always had this mindset since quite frankly watching Bush versus Gore as a child I'm like in the grand scheme of things things will change on the margins do I really think my personal life is going to change massively and dramatically not really I I I can there be like 20% swings yeah probably but I generally just don't put that much weight on like I'm my point is maybe that's my coping mechanism of like whoever wins or loses is whatever just tell me what the rules are and I'll play the game like I know I don't have the power to change the election so why am I going to feel happy or sad about it I'm just going to just okay they won great what stocks am I going to buy okay that person one fine what are we going to do make the plan around that gotcha yeah all right and then earlier you mentioned cbdc uh Trump actually had a post or a truth on Truth social uh yesterday June 11th so he says vote for Trump Bitcoin mining may be our last line of defense against a cbdc Biden's hatred of Bitcoin only helps China Russia and the radical Communists left we want all the remaining Bitcoin to be made in the US a it will help us be energy dominant wow wow um made in the USA Bitcoin you know that's something that Kevin oi actually called for clean Bitcoin versus like dirty Bitcoin well I guess that's a little different from us it would be more like this Bitcoin was mined with Renewables versus that I don't think any of that's going to happen it's interesting I think it's a populous post you know I don't think the whole point of of crypto is that well specifically Bitcoin is that it's it's decentralized and that you can't like you're you're competing against other miners in in various different locations but what is interesting is I actually this was like many years ago probably six or seven years ago when I first started hearing about a central bank digital currency I actually thought the whole purpose was just to make uh payments faster like settlements faster uh you know instead of an a taking a day or a wire taking 3 hours we can have instantaneous transfers and I know JP was working with the Federal Reserve on some kind of blockchain Technology uh but I like I never thought of it as like evil or really bad but then I've realized what other people's arguments are and they're not necessarily wrong other people have this concern that if we move to cbdcs we're going to move into a cashless Society so we're going to be removed from the ability to spend money without government supervision and so now the government theoretically could turn on or off your access to your money which is really bad because like let's say you got sued by the government and they freeze your bank accounts you can't even afford to pay for an attorney and in a situation where the judicial system is starting to feel a little politicized that's scary uh and I think uh so I think some of these concerns are valid uh and so I've slowly warmed up to the idea of yeah maybe maybe I see where people are coming from that like you you don't want to lose untrackable currency and and the privacy and and to some extent that's what crypto offers you is is privacy now obviously if the IRS starts making you put your crypto wallet addresses on your tax returns it's probably less private ironically because once you know somebody's wallet address you could see everything they're doing and if you have a database of everybody's crypto wallet addresses then you know who the other party is right so um uh but yeah uh it's it is fascinating to see Donald Trump pick up on it so much and I see what he's saying with Russia and the others because they as well as terrorist networks and otherwise like Iran can can Finance Hamas or hezb or whatever using crypto very easily so I I get that as so I see all the sort of sides of it I don't know it's really interesting what what do you think what am I missing here on on Central Bank digital currencies you nailed it I mean I would like to see the the Swift payment system replaced it's a little bit archaic it's a little bit slow there's a lot of money just park not doing anything um but I also worry about the thought of not having physical money or some sort of untraceable money yeah just the thought that like even now the IRS is like trying to see every like venmo you're trying to send over 600 bucks it's like oh my gosh it just it see that's and that unfortunately is a problem for I think Biden because you know one of the first things Biden did is oh we're going to increase spending but then we're going to hire 80,000 tax like IRS agents to increase audits well now let's say every single of those 880,000 IRS agents does 10 audits that's nearly a million Americans who previously haven't been audited now getting audits well those people going be pissed you think they're going to vote for Biden it basically has thanks for voting me here's your audit written on the letter that's crazy yeah oh I can't imagine like just doing a garage sale and then having everything already report I know you should be paying your tax anyway but it's also like it's a garage some of it's di Minimus it's just like it's is minor like this is ridiculous you know and I don't know but what ever like I I I see the sides but I also see where Donald Trump is coming from because he's funneling the the overbearing of government and I'm a big fan of smaller government not bigger government but that's that's mostly I think because we look at it from a sort of a finance point of view and capitalist point of view of let the free market work so okay well we can move on from Trump but we're not moving away from Bitcoin yet cuz I have a little bit of a bone to pick with you why are you short Bitcoin all right so as of the moment of this recording on the afternoon of Wednesday the 12th I'm not okay uh but I was so what happened was um at the Friday of last week I went short coinbase uh by the way this video is brought to you by coinbase link down below you can get up to $200 for signing up for an account with coinbase go to metkevin.com coinbase get up to $200 that's a paid promotion Crypt brokerage uh yeah check them out I do like coinbase as a company but if you want a proxy that moves at a at a bigger fluctuation than Bitcoin for shorting Bitcoin coinbase usually moves more so like when Bitcoin goes down 3% coinbase is down like five or 6% so it gives you a little bit of almost leverage on if you're directionally short Bitcoin now why would you be directionally short Bitcoin well because Bitcoin doesn't have earnings it is immune to the noise of like the earning cycle it's something where like you know what the pisser is is like you go long GameStop and then they do an offering the next day it's like you could be right on your thesis but the Stock's now down 30% the next day because they're doing an offering right this just an example uh you don't have that with Bitcoin like there's no news I need to be worried about with Bitcoin so now I think of it as it's a it's a market tool and uh that doesn't have earnings so if the entire Market goes down everything in the market goes down like CPI comes in hot today and the entire Market goes down all risk assets are going to go down including Bitcoin however if I say well I'm going to pick Nvidia to short because that's going to be part of the market that's going to go down if inflation comes in hot so Nvidia goes down 3% and then they go by the way we just signed a contract with NASA for 100,000 h100 boom it goes up 10% whatever right then it's like my macro hedge actually got screwed by company data I don't want that so A pure Market hedge that doesn't have the noise of company announcements is Bitcoin so I went into CPI with the with a hedge on bitcoin which was basically I invested into I think it's pro shares it's B I think it's bi it's just a negative one uh Bitcoin ETF and I was also short coin uh and uh I closed my short coin uh actually before CPI so I didn't even keep that for a CPI hedge I the reason I closed the short on coin was it took all my freaking buying power uhhuh because like usually I do options in my trading account and I'm like ah $500,000 short coin and I had some other trades going as well that I wanted to build out as well I'm like taking all my buying power here man so I so I rebot all the coin to cover the short I made like 27k or whatever shorting uh a coin over those few days so I'm glad I closed it cuz this morning coin went right back up because CPI came posi but that's the point of a hedge it's like if the market goes bad you have something that helps you if the market goes good fine you're going to lose money on the Hedge but everything else is going to do well that's it so it's nothing like fundamentally against Bitcoin in fact we were touching on this right before filming this I think that Bitcoin will probably go to uh if inflation continues to come down in this direction I think it's likely that Bitcoin goes uh up rather to uh I think we said $889,000 all I did was take the previous hod which I think is about 69k and add 30% to it for inflation so I'm just inflation adjusting the high of Bitcoin and inflation adjusted high of Bitcoin is going to put you uh in that sort of uh $889,000 range now I don't have a fib there until 102 so we could inflation adjust to 89 and then push to that 102 level wow but there's going to be massive selling pressure at 100 the question is how much sure yeah it was just like apple yesterday Apple yesterday in my Market open live stream which if you don't follow me there yet just go to meet Kevin Market live and you'll see it but in the market open live stream yesterday I said hey we're watching Apple starting to break out uh and here's what's probably going to happen like from a psychological point of view once we hit 200 we're going to have selling pressure you can actually see that pressure right here that's because people put sells in at round numbers usually so I'm like we need to eat through that order book so I'm sitting here as this is happening watching the red candlesticks form these are on the 5 minutes so there were more on the one minute I'm watching those red candlesticks form and I'm live saying I think there's a lot of selling pressure at 200 just because it's a round number this is normal and once we get through that order book and we clean out all of the selling order book at 200 there it is uh then we rally and so we clean this this process took we hit 200 first right here the process took from 10:04 to about 1027 it took about 23 minutes minutes to clean up the order book at 200 the same thing will happen at Bitcoin 100 and look at it after that the rest of the day up to like 2:5 today it's at 213 so it's straight up from there once we broke the 200 the same thing will happen BTC 100 mhm not personalized Financial advice not a guarantee remember folks if you follow the trade alerts I send in the course member Liv stream you could lose money I don't recommend people follow me I don't recommend people copy me my the whole point of this channel is the same thing that's been since 200 17 when I started this channel is I'm not guaranteeing I'm right I'm just going to give you my perspective and if you can listen to this and be more right than you would have been had you not listened that makes me very very happy but I can't guarantee it don't sue me bro the whole office we we had you playing on the TV today while we were working and uh everybody was in on these these options today and it was an absolute blast uh usually like I'll do my own DD even after you come with like hey I have this idea like what do you think about this like okay let me do my own research um and you know that was the case with like my Tesla calls are buying GameStop today but as you were leaving today at one point I heard you mention your like or actually no I didn't hear you mention it I saw you post it on Discord while you were sitting on your on your go-kart getting ready to leave and I was like I'm just blindly copying this one so thanks for paying for my lunch for like the rest of the year um yeah like like I say uh past perform perance not a guarantee of future results you could do that same and lose your lunch money for the rest of the year which is why I won't do it again but but it worked out really well for me today so thank you um okay okay well that settles the Bitcoin short I'm glad you're not not short anymore dude I I like so I'm I'm not a uh a check sentiment first kind of guy like I talk first and then I see a reaction which is probably bad because a lot of creators on social media it's like you check sentiment and then you act I'm the opposite I'm kind of like a do this so I'm like macro hedge short Bitcoin then I'm just like people are just like messaging and emailing and how how could you possibly be short the future of currency what's wrong with you and I'm like bro it's a hedge for CPI man bro please bro oh all right let's talk about a name that hasn't come up in a while Martinelli scell scy scy Martin scy uh also known as Pharma bro he's the guy who bought the rights to some insulin product like years ago and jacked up prices like 100x got away with a lot of money and he ended up uh getting in a lot of trouble getting sued not not because what he did was wrong but because he defrauded investors somehow and I don't remember the specifics but Pharma bro is back so this is kind of a fun story wuen Clan right you know nothing nothing e Co some coin Dow this is a wuen clan is a musical artist see I don't know any of this stuff yeah okay so they're they're nothing f with as they say um so okay group they come up with an album It's a one-off album like there's not copies of it you have one physical album and that's it so like a a disc or whatever with like like a like a mixtape like like I'm just going to throw this in my old Windows 98 and burn you a copy kind of thing basically but you shouldn't be burning a copy of it I mean uh burning the original of it uh so what happened is he purchased this album I think it was like $2 million that he paid for it this was for the rights to all the songs or what yeah and I mean it's it's his album he's the only one who gets to listen to the music basically okay and well he got arrested years ago and then as a part of that he lost a lot of his net worth they came and liquidate I think like $7 million of his stuff so uh cuz he was a fraud cuz he was a fraud uh this is this is a federal court in Brooklyn and so $7 million they got back and part of that was the album This Album valued at $2 million which he purchased for $2 million in 2015 MH so that's when the same year that he was arrested convicted all that uh for his Securities fraud stuff anyway uh like I said he had to Forfeit over $7 million in assets and part of that was this album he was released from prison in 2022 but during the time that he was in prison another entity actually purchased that album And The Entity is called was iter daer Da yeah they paid 4 million for it oh so they they doubled him while he was in prison while he was in prison um okay so what did he do is he decided recently and uh this is per a lawsuit that's against him right now that he played the album on Spaces live for everyone to hear which immediately devalued obviously the actual album that this entity had purchased because everybody could just download the recording of it now what a dumbass so according to this lawsuit it says and I quote that he should be quote taking all reasonable steps and bear all costs necessary to ensure that the substitute assets are preserved and maintained in good and marketable condition and are not damaged diluted or diminished in value as a result of any actions taken or not taken by the defendant and his Representatives uh and he very much did it he didn't even deny doing it because the day before the lawsuit he posted on X well pleaser Dow blocked me from their accounts so I think I will play the album on Spaces now what a dumbass well since they blocked me on X let me just violate my contract and get sued yeah we're we're mad at each other so let me uh yeah don't don't sue me mug I put some tequila in there for him we're we're in a fight so let me go ahead and escalate things dumb man dumb you know I think sometimes like people were just like fraudulent to the Bone they just never learn and just like always fraudulent and I get it like the internet everybody's like oh everybody's a scam everybody's a fraud uh I I I think it's actually generally pretty rare for people to be just egregious frauds like so stupid regularly people I'm sure regularly make mistakes or don't do things perfectly but I think 99% of people don't don't actually want to scam or hurt people this guy just didn't give a flame nope nope and he was a Pharma bro that's scary that's Pharma bro well he's the guy who bought the rights to it was some sort of insulin medication and basically jacked up the prices cuz he was the owner of it made a lot of money scammer see that's like the worst too because now you're dealing with people who are typically already like tighter on money I mean every a lot of people need insulin but I'm just saying like it affects a lot of people who are also tight on money uh that's rough it's like the opposite of the Mark Cuban move where he opened up that pharmaceutical website you know oh for insulin no for everything oh no I don't know about this tell me about this Mark Cuban has let me uh Cuban Pharmacy uh what's it called Cost Plus drugs oh and it's got a lot of medication over there and their whole thing is no middlemen just directly by from them and it's cheap like I'm talking sometimes you can get like a like 99% off the cost of some of these medications if you buy it from our Cuban's website wow that's a good ad not sponsored not sponsored but uh you I like him I think he's straight up you know he uh he kind of speaks his mind and says it how it is uh but uh he does get a lot of flack too on X I see he does gets he gets himself into these like weird altercations I don't know if they're necessary like he gets into more negative Flack on X than Bill Amman does Bill Amman actually gets really like a lot of positive engagement it seems like on X uh even though I also think that guy's a Shyer like I wouldn't I don't I don't I wouldn't call Bill akman a fraud I don't think that uh he's definitely a Shyer though but hey maybe that's just the like the capitalism you know if elon's a Shyer and Trump's a Shyer and Bill amman's a shyer is that just what it takes to make it I don't know then I guess it depends on the definition of shying that seems to be like the popular opinion that like you can't become a billionaire unless you've like screwed people over done wrong and I don't like I don't want that to be true I don't think it's true I mean sure there's a pattern like yes if someone's taking advantage of other people they probably will succeed financially but I don't think that's a prerequisite to to making it yeah that it just might be more calm and interesting okay yeah good point my take on it all right all right you know Mark cubin almost ran over one of your employees one time kind of oh at the airport yeah we were at the foo we were getting onto the onto the Jet and then a car comes by he wasn't that close I mean he's a few feet away from Tristan and he was like that was Mark cubin drove by in a well it's probably rental cars I say it was it was like a little Hyundai or key or something he drove by and I was like haha he's like no no seriously that was like Mark cubin and I'm just thinking like I I really doubt that dude I watched the car pull up Mark cubin walks out hops on his Jets like you were right dude that was Mark Cuban close I've gotten to him anyway speaking of tell me about Russia oh Russia yeah that's right they're in Cuba yeah yeah that's uh uh you know it's um the Cuba's always very been very close to Florida every time I rent a wave runner in Florida I ask them if they mind if I make a round trip to Cuba it's just so close like nobody usually asks to go that direction we've never been asked that before exactly yeah yeah yeah uh so yeah that's that's pretty wild so I want to hear this about Russia and um go yeah it was also very common when I was a child I don't know if it still is today but for instead of like a border crisis we had a Cuban crisis where people would and there were a whole host of like racist jokes and stuff that people would make which are horrible uh but it all every everyone always talked about rafts so and it's because you would have migrants Unfortunately they would risk their entire lives to make that 70 to 90 mile track to get to Florida because Florida had something known as a foot dry foot policy and that was that if they can capture your raft before uh you get to land you get sent back if you get off the raft and run to land you get to stay interesting yeah so it's like this giant game and you'd like see it on the news of like another you know like the Coast Guard you know whatever that's very interesting I didn't know about that um and you called this when I mentioned when you saw the news you kind of called this the Cuban Missile Crisis too 2.0 2.0 that's kind kind of exactly what it is cuz that was this Russia thing the Russia thing the Cuban Missile Crisis was considered because this happened during the Cold War I don't know what year but during the Cold War so post World War II considered the closest we got to like actually deploying nukes against Russia like that that was the peak of escalation and uh that's what made the YouTu spy plane so famous we flew over Cuba we saw the Russian base and were're like holy crap they got bases here oh so that wasn't satellite did we even have satellites back then I don't know that was a you we would have had we would have had satellites but it was the YouTu that did it interesting because with satellites you know exactly when they're coming everything's like preset you could track them with the U you're flying at 70,000 F feet this is like technology way ahead of it time go you're wearing like a space suit when you're in that thing cuz the plane can't pressurize that much that's crazy we took photos over Cuba so anyway this is all to say that Russia's back and they're on Cuban soil they brought like a fleet of Warships we're not going to war probably uh not military advice but I don't think we're going to war because this is a planned military exercise they've done it a couple of times before okay but what's a little sus is this is like not even 2 weeks after Biden gave Ukraine the okay to use Us weapons against Russia and Russia had mentioned that we might use asymmetric Force elsewhere ah and then they showed up with a battleship and a nuclear powerered submarine and a few other ships too yeah it a lot of this is it's just like the classic saber rattling that you get in geopolitics it you know I I I don't think it would happen but let's say there's like a 5% chance one of these things just happens to accidentally sink like there oh wow some some technical failure some really bizarre oh why why all of a sudden did that Rudder fall off and the whole thing I don't know whatever right kind of honestly what I think would H or did happen with the president of Iran now this is like full speculation and somewhat conspiratorial but I think the CIA was involved and because you know okay older helicopter outfitted likely with IFR you know instrument flight rating kits probably had some EMP kill all their instruments in the heavy fog and what evidence are you going to get after that thing Falls and explodes out of the sky that there was an electromagnetic pulse that basically knocked that thing out of the sky you're not going to see it there's not going to be a you know evidence of a of a bomb an attack another I don't know what Dr I don't even know what would launch it but um uh yeah so anyway I wouldn't like I put like a 5% chance of something like that happening to a Russian ship because it's so close to us problem with that is the fear of what happens after that the escalation like I don't think Russia is going to pull up to Cuba with parades and flags of their warships and then open their missile Baye and point them at America like they're going to get nuked out of the ocean and Cuba won't exist anymore as an is but uh so I think this is just quite frankly noise saber rattling it's designed by Putin to get the American people talking about Russia the more people fear Russia because they're on our doorstep the more pressure there is on politicians to stop funding the war in Ukraine the greater chance Russia has of winning in Ukraine I mean almost guaranteed it stop as soon as the funding stops 100% no no no Ukraine's screwed without funding or weapons right uh and and and and I know there's this whole argument oh well you know the military industrial complex benefits our economy and this that or whatever the reality is like if a hurricane comes and destroys 10,000 sliding glass doors in a city just because you're replacing 10,000 sliding glass doors and just because that's good for the economy doesn't mean that was the best use of resources I would have rather maintained the 10,000 sliding glass doors and spent that on something productive like I don't know solving homelessness in California apparently our governor can't figure that out who's now in a giant deficit cuz he's a dumbass he's working on the the highp speed train thing that's true yeah the yeah right that should be coming out uh like 20 years ago oh my gosh what a knucklehead but yeah I think this is this is a manipulation on people because you know I I go live on my market open stream and I'm getting all these comments like oh my God there's a submarine and a and a warship in Cuba from Russia and it's like those are the things that they're they're manipulating Putin is literally manipulating fear into American people uh By Design as a war strategy kind of crazy so like you are the pawn in his negotiation that's interesting yeah that's all my theory I could could be wrong did you ever like Loosely related to this did you ever hear about the Russian guy who quote unquote saved the world during the Cold War uh-uh uh so this is really interesting again Pete Cold War and it's a military base in Russia that's responsible for checking radar and seeing of any us attacks B basically this is the the group that if the US was to attack Russia they would be the first to find out and Signal a counter offense right and so this guy stanislav Petrov uh he he's like the last in command and he sees five I think five missiles coming at Russia possibly nukes they believe nukes his job his responsibility would be to report that to his higher up who would immediately launch a Counterattack he decided because they're using new software he doesn't entirely trust it and it seemed very unlikely that the United States would start a nuclear war by launching only five missiles he's like if the US is actually attacking us they would go full send right right so he took the risk and assumed it was uh a false positive and we're obviously very lucky he made that decision because Russia would have absolutely attacked with with nuclear what was it glitch in the system that's it oh it was a glitch it was absolutely a glitch in the system no way sovia technology was not amazing not very reliable wow that's crazy I want to name like STL Stanis Petro I want to name one of my kids that like we got to have more children first I'm out of names right now or children to put names on but that like just like it just sounds like badass you know I don't know like I hate to say it but like Kevin kind of sounds too close to Karen but I never thought about that I know but Stanis slof what's your name Stanis slof like I don't want to F with you like are you gonna sue someone named Stanis slof no cuz you're gonna get killed I don't know maybe maybe he goes by Stan and that's it's a lot L is also kind of cool and he can do porn stun thank you for joining us on today's episode wow long peee okay all right on that note next what else we got it's pretty much it unless you want to talk teruna oh Tesla no we got we got to do a lot of Tesla yeah let's do Tesla and then teral Luna okay so so here's the Scoop boys and girls uh I'm going to pull this this chart up so this is this is a big deal and uh this has to do with uh a trade for Tesla we first talked about this pretty heavily in the course member live stream yesterday uh and we went pretty indepth on this I'm just going to do a little bottom line here but uh Christian maybe we could show this with no picture and picture for a sec just because it's it's a little tough to see uh just just the chart itself I don't know if you can do that if not no problem but uh yeah there we go look at that so the white line This is Tesla over four years we back tested this all the way back to 2014 as well but you should not rely on us use your own data uh something that that we found is that the 10day historic volatility for Tesla uh has only been this low about four times previously like getting the historic volatility for Tesla under 20 is very very very very rare uh and every time uh no guarantees go check the data yourself but every time it's hit these numbers like in June of 23 or uh what was this I think September of 21 and there was another time over here in 2020 I'm going to try to get the actual numbers we can pull off that for a moment uh yeah here are the actual dates May 27th 2020 uh stock up uh in the next two months so the next 60 days the stock was up 98% uh October 11th 21 the stock was up 58% in 2 and a half weeks September 7th 2022 the stock was up 16% in 2 days June 88th 2023 the stock was up 23% in 13 days and uh these are just some other dates that I have in here uh I think we had another volatility Spike like that oh yeah and then now the re most recent one here so what we found was that Tesla stock when it comes from a level of extremely low volatility back to normal or heightened volatility it's skyrockets very very quickly now Tesla stock has already started performing that way yesterday for example Tesla stock was red and calls and puts were green because volatility came up see you want to buy options when volatility is low you want to sell them when volatility is high and so Tesla today was up 3.88% now it's up another 30 bips in the after hours I think this is just the potential start and I think this could be an early signal that once the catalist of this vote goes through which I think should go through I'm not convinced that it will go through if it doesn't go through I think there will be a backup plan announced within probably two or three business days they don't want the stock to fall that much I think 258 is in play on Tesla be between tomorrow and uh the robotx the unveil of 88 which I think the robo taxi unveil of 88 will be by the rumors H the news the stock will go down after the robo taxi event but between all Catalyst cleared and we get the amazing interest rate promotion advertised uh you know in may now now advertised on the Y as 1 point or on the model 3 is 1.99% I think we're going to see dramatically better deliveries Than People expected and uh we we could be running to 250 very very quickly as an AI play much like I expect Apple to run probably to 250 as an AI play so we'll see uh that's uh that's sort of my thesis again this is something that we did sort of insights as I'm looking at them and talking about them and theorizing about them make sure to join any of the courses linked Down Below on building your wealth and you get access to the course member live stream so that could be the gold course on entrepreneurship it's not like gold the metal it's just like we call it the gold level uh uh do- it-yourself Property Management rental Renovations Zer to millionaire real estate investing real estate sales stocks and psychology of money whatever there are some amazing courses in there so check them out and uh yeah coupon expires tonight email us at safm kevin.com if you have any questions do you got what what's what do you got here about the superchargers oh this is just the the we we posted an eack about this actually the supercharger team is back part of it or all of it a significant portion interesting have been rehired interesting so and actually stalked one of the guys on LinkedIn who was originally fired and he made a post about getting fired and then made a post about getting rehired also what' he say okay so let me quote him here LinkedIn I'm was going to open up LinkedIn okay okay so this guy initials are TJC on LinkedIn uh TJ Connelly anyway when he first left he made a sad post about like I'm going to miss the team shout out to this person that person I made a bunch of great experiences all that but a week ago he he makes this post he goes two weeks ago I was asked to return to the Tesla charging team in reflecting on my first days at the Fremont Factory of in April of 2018 during orientation leadership asked why Tesla and he's it's it was another one of those like kind of drinking the cool post he's very happy to be back this guy's a huge Tesla fan but he says please forgive any delays in my responses I assure you that the EV charging industry is okay Tesla will continue to lead and Inspire while providing the best customer experience with their best in-class products and support he actually got promoted so when this guy first joined Tesla he was uh let me see Business Development no this was this was later on he started some other role but he worked his way up to Business Development lead for wall connector at Tesla oh God lost his job mhm now he's back as the Tesla charging program manager and Business Development lead for North America oh he got a big promo he got a pretty big promotion so he said two weeks ago go viral on X I did not see this go viral on X okay interesting because if like I'd be so curious to see if like a viral post could have gotten him oh yeah I see what you're saying I didn't see this this go that's interesting but anyway yeah well good for him so that is interesting yeah I think there's the the bearish news is in the bag like that's already priced in at this point the bare bull crap is priced in what do you think about this rumor going around about Elon and he you know he comments about it like ah we don't really want to but we do have our own software stack and stuff people are like oh Tesla should make a phone so the rumor is coming back now that he's got beef with apple right cuz of the GPT integration yes and so there's talks about him Banning iPhones or whatever from Tesla I don't know what um oh his company's got it yeah yes yeah onside you can't have iPhones or whatever um there's been rumors about a Tesla phone for years and years he uses an iPhone like he's he's the Shyer who was on stage with Andrew rush Ross sorin from CNBC and sorin's like hey uh I want to see the screen time on your phone and then elon's like ha and he's like no no no like seriously like show me the screen time on your phone in on stage in front of a bunch of people and it's like oh okay all right all right all right you want to see my screen time all right you want to see my screen time and and he's kind of like bsing or whatever and scrolling around on his thing or whatever uh and he's like oh uh it doesn't show cuz it's a new phone and then Andrew's like oh okay okay okay no problem like oh you let him go no full of hours yeah let me see what you've been doing since you got this new phone perfect yeah exactly let me see let me see yeah wow yeah no he let I mean I get it as a journalist like you don't want to like bury him on stage but he kind of buried himself there yeah yeah but that's an irony he's a and and we've seen transcripts of his like bubbles they're blue bubbles mhm so that's very interesting uh so anyway all right yeah I'm not too optimistic about the idea of a Tesla phone I think it's kind of a weird idea I don't want Elon to Pivot into yet another thing it's a distraction almost yeah yeah yeah yeah I agree um and then good luck competing with I mean I know there's people who are going to buy it just because it's Elon yes yes oh a lot of people buy it I mean I would buy it too just to try it but then I got I buy a lot of things three phones I'd like to also talk about it on YouTube and stuff something that I did see who is the guy uh Brent Brent Whitten whon I love this guy from um AR uh Brett Brett Brett Brett not whatever um so I'm thinking of like Brent crude like crude oil if my head's all over from from Market live streams but he actually replied a smartwatch that serves as a Tesla key cyber cab Beacon restricted to Fitness traffic uh tracking messaging calling music podcast grock and read only X would be great if it could more seamlessly and losslessly audio interface with vehicles also starlink emergency connectivity Arc is really into Tesla mhm I think they also just published their like new price targets I think their barricade is like $1,800 or something like that $182,000 2600 or something like that I can't remember exactly where it was but there there's a lot of Arc posting on this anyway can't you already do that with a watch or does like you just need Bluetooth I mean maybe it's only phones for Teslas to like remotely lock and unlock uh can to with what can you do like with a smartwatch to unlock your phone Tesla on the watch or yeah can you with if you didn't have your phone if you just had a watch could you no don't think so cuz you pair the phone probably that that uh uh device ID what are those things called Christian you know this what's the ID that every device on a wireless access point gets the what the it's like the ID I I don't ID Mac ID no is it's a macor MAC address it's a MAC address everything on a network it's a MAC address I and devices have a unique Mac address I'm sure there's some kind of link to that I don't think that functionality exists on the watch I do know that the watch like when I wear my Apple watch will will unlock my phone and my computer for me which is actually really interesting because like theoretically if I leave my computer here and I go to the bathroom uh if I'm wearing my watch over there somebody could probably unlock my computer because my watch is within Bluetooth range without me knowing about not that it really matters but I thought that that is sort of like an interesting feature you know we got to follow up on Brett because we we went and visited him early in this year we drove out over there and he was very excited for his new toy that he had purchased the rabbit R1 oh God and I have not heard the best things in the world about that product since then and I would love to hear his thoughts on it yeah I I I think he's a brilliant guy I would love to hear his thoughts I want to see if he actually got one I do have to give him a shout out though this was a pretty crazy post he posted this five-year chart of Interest over time of the Apple Vision Pro versus the iPod and the iPod right now is outperforming the Vision Pro ouch they cuz they stopped making them right yes wow I wonder if it's like a typo for iPad yeah yes yes probably uh odd still bad still bad yes uh it could also be just like who types in perfectly Apple Vision Pro but I don't know I think he did the category for it yes yeah like if you did like apple VR headset you know I wonder if that would be different but whatever maybe people are looking up iPads I mean there's a lot to talk about there too I heard this is crazy calculator app now yeah mind revolutionary I will say what they showed in the demonstration was cool with the notes and like how you can alter um graphs and the math you do yeah we're going to do that in presentations on the screen that we have over there beats the Whiteboard and me like it's true anyway so what's terala teruna taluna so this was uh you've probably talked about it on your channel before yeah teruna the stable coin blockchain uh so they have to basically shut down and pay 4.5 billion doll uh their CEO or founder duquan dquan I don't know how to pronounce the name anyway he was the guy who got arrested with a bunch of stuff up his butt yes the guy who got arrested you lost me on the second half yeah he was like hiding stuff uh like his his his crypto wallet or whatever his Hardware wallet it was like quite hard his butt I'm pretty sure that was him I'm not sure he was arrested at some airport I think it was like is in Montenegro Ah that's what it was yeah yeah uh yeah so appears to have been arrested in Montenegro May Tera breaking terara founder Duke Juan caught with Millions up his ass oh that's good yeah I did not know of that part of the story that's very interesting but why not okay so he personally is responsible to pay $24 million of that it's going to be stinky Court still needs to approve the deal and uh the thing is terraform Labs which you know made and owns teruna they're still in bankruptcy proceedings and they have not only do they have obviously more liabilities than assets which is why they're filing for bankruptcy but they don't even have half a billion in assets like disregarding their their liabilities they have 450 million in liabilities 430 million in assets so even if they find the money they still stand behind creditors and there's no way the SEC is going to be getting even a fraction of of what they're out of that 4.5 billion but he is still in detention in Montenegro I wonder if the SEC can get money before some of the other liabilities like if you have 430 in assets where does the SEC come in like can the SEC jump in front of the other people who are owed money I feel like this would have been on one of our license exams and we should know this I because like in real estate uh the number one debt on property is always property taxes so you could default on your mortgage but if you default on your property taxes as well the government will take the property at with first right before before your lender can interesting y they're always the first Le Uncle Sam wants his share oh yeah so uh I don't know if the SEC has that sort of jurisdiction uh but um all I could say is that whole Tera Luna situation was quite shitty so with that I think we're ready for the outro check out the coupon link down below at me Kevin AR we'll see you or mentioned including potential short positions woo
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