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yo yo yo stressful couple days but we made it through in a beautiful beautiful week think about where we opened up on tuesday morning until now um i want to spend a few minutes just talking about two maybe some new apes that have came in here too but in the in the beginning i mean we used to trade this damn stock between this thing went 8 9 10 8 9 11 12 9 8 it kept going back and forth back and forth we watched this for five months and i know some of you the listeners out there remember this okay and a lot of the newer folks have not remembered that i can tell just by the world wide web facebook twitter reddit whatever the hell kind of social media you can tell the the wording in in these comments um people are posting you know it is mind-blowing i'm not even gonna get on i'm part of some of those stupid facebook groups i think that's the worst thing in the world to do i do it for the humor but i'll tell you what the last four or five days the amount of just pure absolutely not knowing what is going on with this stock or the situation or gamestop or the short squeeze people are full on stupid i hate to say that about people they're probably some nice people but jesus christmas folks pull yourself together but we did this for five months guys right between eight twelve bucks whatever the hell you want to call it five freaking months we did that now we're dipping from 77 77 to 48 bucks this week and everybody's freaking the hell out pull yourselves together people i know it's not most you guys but seriously this is freaking outstanding it's outstanding we're up hundreds of percents this thing's doing nothing but good things who gives a rat says it's manipulated it's shorted it's everything dark pool gigawatts whatever the hell you want to call it we all know this but everybody please relax right we know this right um just think of where we close the i mean what did we do two weeks ago we closed at 12 bucks roughly 1208 12 18 or whatever it was and then last friday was 26 bucks i believe and then today you know we're at today i mean this is outstanding the higher this thing goes up the bigger the explosion the higher this thing goes up the more money it's going to cost them now we got banks not lending short shares this is could not be any better gang it really could not be any better i know we want to see this thing continually climb and climb and climb and squeeze and go i get that i do too but patience and i think most of us have that this carries me over to the next thing i want to talk about you guys i mentioned yesterday the little story in the beginning of the video on me not realizing i had it was basically 160 000 swing and i didn't blink an eye what i want to talk about i had 229 comments on yesterday's video where i've mentioned that the amount of comments that i got on here and you diamond hands savage apes out there did the same thing i did whether it was thousands of dollars tens i've seen some people well over a hundred it's outstanding you know my little youtube channel i put that little community post you guys today what else that stupid community tab um just saying basically hey you know where was it i'm blown away by all the comments on everyone that helped there was a lot what does that tell us if my small little youtube channel is holding like this we can safely say all apes are on board well done everyone a lot of likes on there but seriously good job i mean us the people been around we know what we're doing we know the game plan we know but to hold on and a lot of you guys are saying this is the most money you've had you know you could pay your bills for a year all of those great comments that is pure conviction and that goes last night with what i said is i didn't even realize it until i had the conversation and i'm going oh my god that's a lot of money i need that money doesn't matter we know what we're doing gang and we're doing a damn mighty fine job another piece of insurance here this was great i got this on a damn twitter mobile i couldn't pull it up so i emailed it to myself but anyway somebody put this together shout out to whoever the heck you are i jacked it from twitter but look at here here's a gme breakdown from january 12 all the way down to 29 right close high and a low you can look over those but look basically here closing 19 bucks 31 39 35 39 right 39 43 65 76 147 347 193 325.
what are we going to do when we dip from 347 to 193. you thought we had some strokes and heart attacks and stressing out over 70 bucks to 43. this is look at this be prepared but then you got over here we're tracking amc the guy put this together kind of the same breakdown here right but closing 1368 1641 1956 26 52 26 12 32 62 51 okay we're tracking we're good obviously different dollar figures here to start it out with but you get the idea right so very very good news you guys good job everyone good job trey again on the interview he did today i'm going to show i'm sure most of you guys seen that poor lady that you yelled out the old uh let's look at that right now what the heck did i do with it somewhere right here i guys see this but look at her let's just play her face actually changing what wall street so looking at this as an us versus them um i i'm sorry i'm not buying into that i think that's dangerous and again look there's a lot of people there are a lot of short sellers out there that have been borrowing stock they didn't have in other words yes i think there are dynamics where retail investors can get caught but it's it's it's really i'm sure most of you guys have seen this if you have not look for some more of the the memes on it but look at this poor woman's face when she said naked shorts look at her face here when they've clipped back to her retail investors can get caught but it's it's it's really a dynamic where i think oh oh i shouldn't have said that i wonder if she's still employed we're gonna find out wow that was brutal poor woman naked shorts there right on the gosh dang newscast i think that was right after trays here's another thing i had to pull this up from reddit right i tried to google this damn video here and i could not find it anywhere i think they blasted got rid of it somewhere but i did see the other one where they're talking different stocks on the fast money show here guys tell me if you can find this video that's posted by cnbc or somewhere i couldn't find it i'd look for 10 minutes i can usually find something but i had to get this from reddit because they post it there but of course they're not going to show that right it's probably long gonzo um another thing too speaking of uh nastiness this here was posted all over twitter this morning but read through this here right uh excuse me christian andrew is an attorney from a head an attorney from hedge fund this morning ordered me to delete a post or they will sue or they would sue this is for stating that creating synthetic shares is illegal per sec law and a firm shorting amc has been trading in a dark pool exchange per finra blah blah blah blah right citadel illegally claimed three billion synthetic shares shares the dilute when the price was at six dollars then they trade those shares in a dark pool unregulated exchange the fact that you think this is about buyers being crazy is exactly why you're out of touch with financial markets so wow pretty threatening i'm sure that was true i got something else to share with you guys here in a couple days too that's pretty mind-blowing i'm not going to bring it up right now but stay tuned because it's going to be mind-blowing okay let's take a peek at the old dam uh ortex we did have some returned uh shares here today um the bottom line is your utilization at 98.91 shares on loan 138.5 mil okay that's all we need to see with that we don't need to say with that yeah fintel and all that stuff we know what's going on right good night uh this here look at this here we got more this is posted today friday june 4th at 206 pm but anyway headline there wall street reigns in hedge funds short bets on meme stock so let's scroll down here bloomberg wall street's top brokers are quietly tightening their rule for who's who can bet against retail traders most popular meme stocks right we touched on this yesterday with uh jefferies and the other bank that was involved too but now look at this goldman sachs group inc bank of america corp citigroup inc and jeffrey's financial inc are among firms that have adjusted their risk controls of prime brokerage operations according to people familiar with the moves the banks are trying to protect themselves against fallout from extreme surges and dips that have characterized trading in companies including amc entertainment holdings microvision and gme very interesting very very interesting uh the measures may change the fortunes of retail investors lighting up reddit message boards with their forays into day trading increased margin requirements could hassen the short squeeze small investors have been rushing to capitalize on on the other hand if hedge funds pull back on short bets due to the new restrictions the renter crowd won't have as many opportunities that's fine we're in opportunities there's plenty of them out there take a look at everything else that's being shorted we just happen to be amc gang right there's a ton of a ton of them out there so i think we'll be just fine with that if you don't want to change the law change it down the road great so be it many brokerage firms have been re-examining their risk controls after some of the industry's large prime brokers were forced in march to liquidate their multi-billions they're talking about archaegos there right um and then it did say somewhere down here morgan stanley recorded 900 million dollar loss tied to that ordeal for bastards right this one here our korean ants now here i've got it's gonna not gonna be a long weekend like last weekend right but i've got a homework assignment let's all join up in this here okay and i'm gonna get to that in one second this is gonna be a fun one okay really fun i couldn't find it so i think we can find it between all of us out there right retail investors in india south korea joined mean craze for amc stock this was posted yesterday but look at this here retail investors in india and south korea have joined the meme stock frenzy by piling into amc entertainment holdings inc through local trading platforms giving them access to u.s markets now down here i'll slaughter this dude's name whoever you are i'm sorry sir i apologize in vance but his name is tasha cervezta close enough co-founder and co-chief executive officer of stockholm said in the last three to five months people have been chasing high quality stocks a lot more gamestop happened and now amc is of great interest okay now down here this is getting in the important stuff okay korean investors snapped up 225 million bucks of amc shares monday through thursday according to korean securities deposit data this total is getting close to three times the amount spent on the second most purchased counter tesla at 82 million so that's pretty big news okay a popular online forum this is what i'm getting at here's our homework assignment okay a popular online forum among korean retail investors contains dozens of posts from traders known locally as ants our korean aunt brothers and sisters discussing the prospects of amc stock price and whether blackberry limited might replace amc as the next meme target okay here's what we got to do we have to track down this popular korean retail uh forum they got a reddit for korea reddit korea crayon reddit let's track this down i'm not smart enough to track it down i tried for a couple minutes but let's find these guys and go over there and let's let's give them some love over there okay so that'll be fun to do got a couple days until the market why not right so very interesting there we got crayon ants calling i like korean ants that's a cool name right um one last thing i noticed this thing here it's not too exciting of a thing it looks exciting by the damn uh citadel ceo ken griffin on whatever the markets are fair to reach on whether the markets are fair to retail investors now the interview is not that great i'll pop the link in if you want to watch the whole damn thing but here's what i want to show you guys remember when he was in front of congress and he was reading with his eyes all crooked to the left or right or whatever and he was reading off whatever he was reading look at this here is this guy like a robot does he cannot talk without a teleprompter or whatever the hell he's looking at but i swear he's looking at something in here tell me if i'm crazy i know i'm crazy but tell me if i'm wrong that my mother let's fast forward a little bit here watch this horizon and strategy asking if i wouldn't play golf this weekend would i win of course what's he doing there's ways to compete with tyler woods off a golf course and do very well i'm not gonna play him on his game on his course your grandmother might be very aware of a sea change in technology or otherwise that will impact our economy look at this and if she bought tesla stock five years ago he would have made a lot more money okay that's mind-blowing i didn't notice it that much i watched that on my phone but this guy can okay can he not talk somebody needs to find this out what is he doing how could he go on a show like this and read off of something he's got to be reading off something am i crazy holy crap this guy's weird dude wow kenny i don't know what to think bud that was wild wild i'll pop that in there in case you guys want to review that just as a little bit of a humor holy smokes you guys okay guys outstanding let's get some rest here again hydration remember it's very important okay proteins vegetables fruits all that stuff get it in your system and most importantly lots of water or you can just say the hell with it all and just drink all weekend back in my day i would have loved to have done that my life has changed i am no longer doing that but either war either fancy that you like want to do i am more than happy for you okay guys love you leave me some comments let's find this damn forum on these korean ants and let's go over there and welcome these fine folks okay i'll talk to you later get some rest gang okay bye bye
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