WEBVTT

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Okay. Good afternoon, everyone. We're here to

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talk about stocks. First of all, I need to talk.

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I need to say that I'm not a financial expert.

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So, you know, do not buy stocks based on what

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I'm about to say. I'm just here to vent a little

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because that's what we do on YouTube and also

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Twitch. So if you, I don't know, follow stocks

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at all, you'll know that AMC recently dropped

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a lot. And when looking at the stock you can

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see that the 200 day average was $4 .44. The

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50 day rolling average was $4 .33. Keep in mind

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this is out day because I typed this I think

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yesterday. And then the stock fell to $3 .24.

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Now it is common for a stock to bounce between

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the 50 day and the 200 day rolling average. And

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it's easy to think of the 50 -day and the 200

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-day averages as resistance or simply meaning

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that investors do not believe that the stock

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is worth above that amount. For example, it seems

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like most investors do not think the AMC stock

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is worth more than $4 .44 or $4 .33. A stock

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dip being below these lines might indicate that

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the stock is bearish or simply trending downward

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and being met with heavy resistance. Um, it could

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also mean that investors are losing confidence

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in the stock. Uh, if it trends above, it could

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indicate that investors are gaining confidence

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in the stock and the stock is bullish and trending

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upwards. Now that all of you are fucking asleep,

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I want you to take all that fucking knowledge,

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just fucking put it in a ball and throw the fuck

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away, throw it away. AMC is a meme stock. I love

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AMC. I own AMC stock. But everyone, please, please

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stop fucking watching YouTube videos about what

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stocks to buy and how to do invest investment

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shit on YouTube. Don't watch it. Don't take my

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word for shit. Like the harsh reality is there

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is no get rich quick scheme. Investors have to

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spend a lot of money on very, very More sophisticated

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indicators. They do a shit ton of research. And

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if something is trending upward, you've already

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kind of missed the boat. Do not get FOMO. AMC,

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every time roaring kitty pose a picture that

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somehow relates to AMC stock, the stock is going

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to go up. It's completely unpredictable. Stop

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listening to people on YouTube that say that

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they're traders. They're just seeking views.

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Everyone's a liar. We live in a fake reality.

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And it's it's that simple. I am sorry. It's just

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it's just that simple. Now. Likewise, I did buy

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more AMC stock when it fell, I bought that tip.

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But that's because I just love the stock. I can't

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understand with the banger year that movies had

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last year. The anticipated box office for this

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year is through the roof. John Campion, who's

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the guy I watch all the time, he's saying that

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all the industry people were saying up until

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this year was the saying in Hollywood was survive

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until 25. And the reason they were saying that

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was they said, look, we got to get to 2025 because

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that's the year where everything's going to kind

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of reset and we're going to make a buttload of

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money again. Marvel's back on their shit this

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year Warner Brothers got DC shit We got a lot

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of big films coming out this year that are going

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to make them a lot of money I for the life of

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me cannot understand Why? AMC stock is at where

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it's at right now now I was just looking at the

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analysis while you were talking high -end analysis

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for target for AMC this year six low -end is

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four So right now if you buy a bunch, you're

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gonna make a little bit If it goes up to the

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low end marker this year, fourth quarter numbers

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and year end numbers are not out yet. That's

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the other thing that I think everybody's kind

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of waiting for, is year end numbers to pop out

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and nobody has released yet. We'll probably talk

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about some of those as we get closer when year

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end numbers start to drop. Probably talk about

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AMC. We'll probably talk about Wizards of the

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Coast because that's always in our Hasbro rather.

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it's an interest the stock market is gambling

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my wife started doing kind of day trading stuff

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a little while ago just for funds and we were

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like okay just what here's the thing i would

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tell anybody about day trading do not put anything

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into the stock market you are not willing to

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light on fire okay if that's 20 bucks you can

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buy marginal shares dude like you can buy pieces

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of apple and everybody else um Do not put anything

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in the stock market. You're not willing to light

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on fire. That's that's the best advice. And again,

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I am not your financial advisor. Jay is not your

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finance advisor. I am neither a tax expert, a

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investment expert or an attorney. So take that

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with a great assault. I'm just telling you from

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my perspective, if you're not willing to light

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it on fire, go find an index fund, stick it in

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an index fund and forget about it for 10 years.

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And you'll come back and be like, oh, look at

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all that money. You know, I'm answering some

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chat questions Ubisoft stock It is at 236 right

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now It's been in the 250 mark for a while Rumor

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has it Ubisoft is trying to get bought out right

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now like they have been pretty open about that

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They're looking for a buyer Maybe 210 cent Ubisoft

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is looking to sell. They have some valuable IPs

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that I think that they've just they need a complete.

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Complete 180. As for the other one, everybody

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asked about GameStop is at twenty seven seventy

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two. It's been floating in the thirty dollar

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mark for a while now. OK, I will say I. Kind

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of going back to AMC. I cannot believe that GameStop

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GameStop is still above AMC like what the And

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that's the other reason why I can't figure out

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why What's their market cap GameStop's market

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cap is twelve point three nine billion And AMC's

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is only one point four Yeah, I this is why It

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actually doesn't make any sense. Right. How much

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can one make for $20? Dude, if you get people

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get lucky. Like, but that's what it is. It's

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hitting the lottery. You know, you could buy

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right now for 20 bucks. You could buy. Let's

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call it five shares. We'll just round up. Right.

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You buy five shares of AMC. If it goes up to

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10, you you now have doubled your money. You've

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got $40. um you know it's there it's there but

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yeah don't be careful and he's right stop listening

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to these tick -tock youtube so -called financial

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experts um especially if they try to sell you

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a book most of them are trying to sell you have

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you noticed that jay how many were like buy my

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book it's not i haven't seen it i've seen the

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like Hey. Buy my course. Yeah, pay for my course

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or like pay five dollars to join my Discord community

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where we share financial advice and I'm like,

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and it's it's so funny to me because these people

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are like, I'm rich because of my strategy and

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stocks. Please pay five dollars to do my course.

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And I'm like, if you're rich, you wouldn't you

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wouldn't be fucking doing this. Like, no, it's

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fake. It's all fake. Yeah, it's all BS. Don't

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listen to those people. Are you invested? Do

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you like meme stocks? Are we going to have diamond

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hands? Are we going to hold diamond hands? Yeah.

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Let us know what you think down in the comments

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below.