Okay. Good afternoon, everyone. We're here to
talk about stocks. First of all, I need to talk.
I need to say that I'm not a financial expert.
So, you know, do not buy stocks based on what
I'm about to say. I'm just here to vent a little
because that's what we do on YouTube and also
Twitch. So if you, I don't know, follow stocks
at all, you'll know that AMC recently dropped
a lot. And when looking at the stock you can
see that the 200 day average was $4 .44. The
50 day rolling average was $4 .33. Keep in mind
this is out day because I typed this I think
yesterday. And then the stock fell to $3 .24.
Now it is common for a stock to bounce between
the 50 day and the 200 day rolling average. And
it's easy to think of the 50 -day and the 200
-day averages as resistance or simply meaning
that investors do not believe that the stock
is worth above that amount. For example, it seems
like most investors do not think the AMC stock
is worth more than $4 .44 or $4 .33. A stock
dip being below these lines might indicate that
the stock is bearish or simply trending downward
and being met with heavy resistance. Um, it could
also mean that investors are losing confidence
in the stock. Uh, if it trends above, it could
indicate that investors are gaining confidence
in the stock and the stock is bullish and trending
upwards. Now that all of you are fucking asleep,
I want you to take all that fucking knowledge,
just fucking put it in a ball and throw the fuck
away, throw it away. AMC is a meme stock. I love
AMC. I own AMC stock. But everyone, please, please
stop fucking watching YouTube videos about what
stocks to buy and how to do invest investment
shit on YouTube. Don't watch it. Don't take my
word for shit. Like the harsh reality is there
is no get rich quick scheme. Investors have to
spend a lot of money on very, very More sophisticated
indicators. They do a shit ton of research. And
if something is trending upward, you've already
kind of missed the boat. Do not get FOMO. AMC,
every time roaring kitty pose a picture that
somehow relates to AMC stock, the stock is going
to go up. It's completely unpredictable. Stop
listening to people on YouTube that say that
they're traders. They're just seeking views.
Everyone's a liar. We live in a fake reality.
And it's it's that simple. I am sorry. It's just
it's just that simple. Now. Likewise, I did buy
more AMC stock when it fell, I bought that tip.
But that's because I just love the stock. I can't
understand with the banger year that movies had
last year. The anticipated box office for this
year is through the roof. John Campion, who's
the guy I watch all the time, he's saying that
all the industry people were saying up until
this year was the saying in Hollywood was survive
until 25. And the reason they were saying that
was they said, look, we got to get to 2025 because
that's the year where everything's going to kind
of reset and we're going to make a buttload of
money again. Marvel's back on their shit this
year Warner Brothers got DC shit We got a lot
of big films coming out this year that are going
to make them a lot of money I for the life of
me cannot understand Why? AMC stock is at where
it's at right now now I was just looking at the
analysis while you were talking high -end analysis
for target for AMC this year six low -end is
four So right now if you buy a bunch, you're
gonna make a little bit If it goes up to the
low end marker this year, fourth quarter numbers
and year end numbers are not out yet. That's
the other thing that I think everybody's kind
of waiting for, is year end numbers to pop out
and nobody has released yet. We'll probably talk
about some of those as we get closer when year
end numbers start to drop. Probably talk about
AMC. We'll probably talk about Wizards of the
Coast because that's always in our Hasbro rather.
it's an interest the stock market is gambling
my wife started doing kind of day trading stuff
a little while ago just for funds and we were
like okay just what here's the thing i would
tell anybody about day trading do not put anything
into the stock market you are not willing to
light on fire okay if that's 20 bucks you can
buy marginal shares dude like you can buy pieces
of apple and everybody else um Do not put anything
in the stock market. You're not willing to light
on fire. That's that's the best advice. And again,
I am not your financial advisor. Jay is not your
finance advisor. I am neither a tax expert, a
investment expert or an attorney. So take that
with a great assault. I'm just telling you from
my perspective, if you're not willing to light
it on fire, go find an index fund, stick it in
an index fund and forget about it for 10 years.
And you'll come back and be like, oh, look at
all that money. You know, I'm answering some
chat questions Ubisoft stock It is at 236 right
now It's been in the 250 mark for a while Rumor
has it Ubisoft is trying to get bought out right
now like they have been pretty open about that
They're looking for a buyer Maybe 210 cent Ubisoft
is looking to sell. They have some valuable IPs
that I think that they've just they need a complete.
Complete 180. As for the other one, everybody
asked about GameStop is at twenty seven seventy
two. It's been floating in the thirty dollar
mark for a while now. OK, I will say I. Kind
of going back to AMC. I cannot believe that GameStop
GameStop is still above AMC like what the And
that's the other reason why I can't figure out
why What's their market cap GameStop's market
cap is twelve point three nine billion And AMC's
is only one point four Yeah, I this is why It
actually doesn't make any sense. Right. How much
can one make for $20? Dude, if you get people
get lucky. Like, but that's what it is. It's
hitting the lottery. You know, you could buy
right now for 20 bucks. You could buy. Let's
call it five shares. We'll just round up. Right.
You buy five shares of AMC. If it goes up to
10, you you now have doubled your money. You've
got $40. um you know it's there it's there but
yeah don't be careful and he's right stop listening
to these tick -tock youtube so -called financial
experts um especially if they try to sell you
a book most of them are trying to sell you have
you noticed that jay how many were like buy my
book it's not i haven't seen it i've seen the
like Hey. Buy my course. Yeah, pay for my course
or like pay five dollars to join my Discord community
where we share financial advice and I'm like,
and it's it's so funny to me because these people
are like, I'm rich because of my strategy and
stocks. Please pay five dollars to do my course.
And I'm like, if you're rich, you wouldn't you
wouldn't be fucking doing this. Like, no, it's
fake. It's all fake. Yeah, it's all BS. Don't
listen to those people. Are you invested? Do
you like meme stocks? Are we going to have diamond
hands? Are we going to hold diamond hands? Yeah.
Let us know what you think down in the comments
below.