what's going on you guys it's Sunday night and uh roaring Kitty just posted as uh Robin who was opening up their 24-hour market this classic image from The Dark Knight where the Joker's going in to do the heist and you know just we'll see what happens for the week but you know he's got away with memes and we'll see where things go but very bullish from the from the memes here um also wanted to mention Larry Chang's tweet he tweets on a variety of topics from you know a corporate governments uh governance to venture capitalism but also Bible verses this one's interesting in particular because someone posted the Bible verses in um in the Tweet it's from James and it's James 1 uh 1 1-5 and then or 1 1-7 and then also James 513- 18 and in particular if you read this last bit although 17 technically isn't isn't included um in the ones he cites here but it's like right in between these two here but if you just read it those last two verses read this Elijah was a man with a nature like ours and he prayed earnestly that it would not rain and it did not rain on the land for 3 years and 6 months and then he prayed again and the heaven gave rain and the Earth produced its fruit so amazing passage given the timeline of this entire Saga we're three and a half years out from the events of early January 2021 or late January 2021 but the passage is about um being faithful and you know praying and so forth and I I think it's amazing and just having that that faith and trust um and and wisdom so couple other things to talk about here uh the next one is that the DRS gme folks went again this year to see the the stockholder list I'm not sure what the total DRS figures would be they didn't put those on here for some reason but they're saying that peer DRS has increased significantly which is great the ones labeled plan have gone down and they've got lots of interesting figures here that we'll dig into probably when we get the real figure because we have done a lot of surveying so they did um some analysis on like International versus us and um average share ownership and and number accounts and things like that so um we had done survey on all those things last year or the year before so comparing that would be really cool and seeing the growth assuming that there's growth in the DRS figure but we'll learn that in about two days so the next one is uh the opportunity to vote your shares is closing the shareholders meeting will probably be during Market hours on Thursday so it's from the date of record on shares owned I believe April 18th but you can correct me if I'm wrong on that so no matter what you've done with your position since then it has to do with ownership at that particular date so you want to check your emails especially your spam folder um I had to find some of mine in there the next one is this is such an entertaining time period we got you know roaring Kitty live streaming now tweeting again at 8 uh PM or so on Sunday night leading into potentially a huge week got Larry changen tweeting about rain and we've got the msnn just lying through their teeth right so the other side of this trade is not happy they've got Deep Pockets and um as actually um shth I want to talk about here is talking about in this interview this person does a great job sort of like summarizing the interview the biggest points I would say or take away from this is essentially that Wall Street does not want Keith Gil doing what he's doing this guy has shown the world what can be done with options you know when premiums are cheap and you buy options into potential cyclical events or huge corporate action you can quickly flip your position well is three and a half years or 5 years quickly from 53,000 up to 200 million potentially into the billions you know they don't want that kind of exposure they don't want uh his story getting out this whole entire story getting out and then what's really important is he talks about you know derivative positions like options give you leverage but even bigger positions if you want to go super duper short on stocks could be accomplished through as we know swaps and other derivatives so this bullies the underlying they become outsize bets options Drive the market swaps probably drive all of everything and then that share that physical share is like being pressured on all ends but the how that share moves then can cause a crazy feedback loop in all those derivatives and potentially cause a Cascade in their big giant house of cards so but since these big money backers right can go out to the politicians and influence them and they also own the media then you get situations like this and if you've never seen this clip it's so disturbing it just shows you that all of these media people are just completely paid sock buckets they repeat whatever they're told to say it's clips from all over the country with them saying the exact same thing word for word unbelievable and then this person posted this one I actually sat through you guys eight minutes of this gentleman ranting uh he she's so polite she gives him like five minutes or whatever to talk and then when she's going to have her turn all he does is just yell over her and act like the biggest jerk in the universe I can't believe this is a real person honestly like I don't I don't have a TV um cuz from a young age I just saw how just how bad it all was how they're just constantly trying to sell you um stuff sell you fear Panic um they're just they're just the worst and I just I'm going to link it if you want to sit through it and like I don't I don't know like it was just such a shock to me because I I never ever watch television and then when I do I'm just like wow there's actually people that watch this on like a day-to-day basis and I just can't even fathom what it does to you it makes me it made me feel sick honestly I'm still having like uh so any anyway um the other thing I wanted to mention uh this is a rabbit hole I need to dig into but essentially um roaring kitties stock charts profile was found long ago apparently and it's called Uh Rory Rory kinger it's great uh and he's he's got charts from recent time period as well as referencing late December mid and late December of 2020 right um and there's a lot of similarities going on back here going on back here lot of cyclical activity huge volume uh and so you know maybe something to consider the period of time immediately following that which I've said for I've been staying on this channel for a year we've been in the summer of 2020 maybe we're now in the winter of 2020 and uh we'll see what's to come I'm ultra excited though so I'm going to dig into his charts here in a bit but I'll link those um four things in the description next one I want to talk about yeah we'll close this guy out is yeah he hasn't seen the movie either people keep telling me you need to see dumb money I'm living dumb money I don't know if I even need to see it honestly their their their way of representing reality is so contrary to me it just it just makes me feel weird so um if he hasn't seen it I'm not going to see it just just love this Meme and usually the guy is like standing at the bottom of the podium but he's at the top of the podium and he should be he's just killing it great job Keith great job yesterday he's just he's just talking about the Celtics his portfolio is down 200 million he's just chilling anyone that thought that like he was upset don't know like I don't know guys he bought him at the exper he did for a reason right um I'm not sure he's really worried about it um you know his his tweets kind of tell you um we went through them and we ended here this was the last one we've dissected I still got to go through and do Wednesdays um so we'll see what the Kansas City Shuffle was all about maybe it occurred yesterday I'd said well maybe they didn't offer shares but looking at the short percent more closely I've got it right here um I actually went back and updated um this graph you're probably like what are we looking at here this is price from January low and high because I always like to look at the low and the high and this is recent and I had a bid Gap because I wasn't updating we got fails in the background we've got um xrt and gme and we' got cost to borrow when I was tracking it at Fidelity so and then I've missed quite a period of time here which I'm probably never going to get back but that's okay but short percentage in the background and as I described it was always going up up up up up up up and then we had that drop off during the first share offering which you can see right here so this is the lowest period of time uh this is an average of 38% short percent we've like look look at this like that's never happened so pretty indicative of an offering when you've got that happening over five or six days Friday was 43% uh maybe an offering could have been going into that we've seen it bouncing around a lot actually this is so lot maybe a long pressure going on here a lot of fomo happening but um I also added to the Chart got a really great data from um someone in by email and uh We've because I was talking about implied volatility and they were saying you probably want to be mentioning historic volatility so we got all the implied volatility and historic volatility going back back I'm focusing just on the 30 days and the 120 days you know just as a a base reference point but we can see back here when he bought price was at the lowest implied volatility was really low so if he was buying you know maybe some 30 days or some 60 days he's buying at some really good price points because stock price is ultra low and the volatility is really really low so he got that first round of options potentially in early May or maybe even in April um at really good prices so he made that first leg up in this journey assuming he did it just on one big swing um very well done uh to swing whatever he had at the time up into enough money 100 or 200 million to buy um to to then exercise get the 5 million shares and then pick up all those $20 calls on the next leg of the journey so um some interesting data to look at you know are they offering right now issuing out shares we'll find out probably probably pretty soon we we'll look for volume to hit about 525 million and see if they put out on AK uh the next thing to talk about is um you know the the Bots that flooded into superon they're Bots they're hooked up to chat GPT that's going that's a real thing you guys um if you've ever played World of Warcraft the bots on World of Warcraft have always been incredibly powerful um but now if you try to talk to them and stuff they respond to you using AI so uh you have to really consider who you're talking to and they're fed a lot of really good information so they can be really really deceptive so they flooded into Super ston uh on Friday they were trying to break morale pretty obviously demoralize people get people to question Ryan Cohen get people to uh doubt Keith Gill's position uh make people think that he's unhappy uh question DRS all these different things they had a really good set of instructions but it was it's obvious if you've been around long enough um we grew up on the Internet we grew up playing video games we we've been fighting AI our whole life so um then you know his live stream he basically is um you know talking the whole time but as he's talking and saying and doing certain things it's halting constantly seems really suspicious honestly that's what I'm pointing out um and uh it feels like they just shorted as hard as they possibly could into that whole thing and being late and so forth probably really upset them made their game plan really really hard and the way he played it probably made it increas like incredibly difficult as well so while they're trying to buy shares from the offering they also want to crush the stock price down so it puts them in a huge huge confused State um which I think a lot of this is all about is keeping that algorithm keeping the Cycles very confused so the um AI running both all of it right the Bots the media the stock ticker the halting uh they can't get a grip on this thing and it's just going to Cascade out of control so after he's done uh trolling the media through uh his live stream you know everyone's waiting and asking you know what's he got next on his agenda well there's one big thing he's got to do and we'll see when it happens but uh someone posted this meme he he posted years ago I I believe um well had to be this is one of his older memes and you zoom in on um this portion of it right here and it says 216 24 there's even a 24 right here so like did was he calling out uh the June expiry of 2024 as this as the day to um sort of Target and if you think about maybe having a really long-term Vision on this thing you know people have been talking about leaps people have been talking about uh swaps you know if you're looking at this thing from the events of 2021 it exploded off its top in January you know it it really was exploding office top in June of that year as well into another share offering and if you go three years out from all that that puts you where we're at today right so um time is expensive maybe that's the most time they could buy back then we know also that according to our limited um swap data you know people have asked about it and what ended up happening with all of these potential swaps expiring in early June well may maybe that's part of what we're observing here and maybe that's a lot of what we saw two years ago uh during the summer of 2022 lots of activity and maybe some of that's coming due too so um you know time an interesting thing Cycles are an interesting thing and maybe he's seeing something that you know I'm not able to see other people aren't able to see but maybe he's got Stu pretty figured out I just love these memes it's always like I wish I could go back in time and buy them when they were 10 bucks um and then when they were uh when it dipped down to 18 bucks uh during the share offering two weeks ago that would have been another good time it's always like you're looking in the rear of your mirror like what was I doing um yeah and then Sunday of course the Shillings just all died down on this channel here they're all seem to be gone because you know they only work the weekday or something I don't know super crazy um and then people are mentioning you know in the finances which we'll get into in two days you know um they've got all this in investment income now and then people have pointed out why did they um like take income on this like they didn't really have to they could have kept a lot of those treasuries going earning the the yield on them and people and then they asked AI of course AI could give you a whole bunch of nonsenses answers but if they if they're needing the capital and they got the new 933 uh million infusion maybe a merger acquisition is coming I think that'd be extremely exciting it's on our our bll case on our hopium list so um and some final sort of thoughts here kind of just doing a quick summary of things I found interesting on Reddit is you know part of what happened with the aragos explosion and credit Swiss and then passing the bag over to UBS is that um as actually perplexity AI talked about is their um you know due to all this their ability to enter into new agreements find new counterparties is going to be really strained and in fact their risk management is going to be under extreme screw they're not even going to be able to do plays that they were able to do before this whole thing that chamat was talking about with going into the back office making up a swap um getting super big leverage on the upside or downside none of that's going to be going on right now if if you've just had to seal this thing for 50 years get a 100 billion dollar Lifeline for a period of time there and you're you know all the regulatories bodies are looking at you the legal bodies are looking at you like if you try to do anything with these swaps at this point they're going to be like no no no no no no so um I think this is a really good thing to consider is you know we we know that their options seem to be unlimited their tools seem to be unlimited but we've seen rules coming down the system doesn't want to get taken down by these by these um plays and GameStop in particular so they're going to be monitoring carefully what UBS is doing that could cause this thing to have upside potential like you know you got to you got to close it out at some point maybe it's a managed close out over time something's got to happen though they can't keep trying to slam it down to zero it's just not going to work no matter what even um that guy on Fox News was saying like the Stock's worthless it's like this company's actually profitable he's like literally yelling at her that's that the company's not profitable it's like they posted a profit last year my guy so um this post I want to give um girk girk in it of um pickle finance a lot of credit uh he has been covering GameStop and other stocks for a long long time he's been really involved in the options community I haven't watched his show um in many years but um I learned so much from him back in 2022 2021 2022 about how options work about volatility about different patterns and things to look for um and he wrote this thing back here um this was maybe the last thing I'd really seen that he wrote which was this idea that when the river runs dry and the idea was about this he was trying to figure out like why the basket stocks behave differently and why why GameStop kind of has maintained more value than the other ones over time and he talks about liquidity and you can think about like a big giant River like the Amazon it's huge it's pushing tons of volume through every minute but it looks so calm and peaceful right uh and then you have an illiquid market like a little stream it's really got all these Rapids there's not comparatively much less going on here so you're seeing lots of price fluctuation here very little price fluctuation here and um big institutions don't want to play in a market like this because there's risk the more the volatility the more risk to the downside you could buy a stock at five and then it blips down to four because it's IL liquid you just lost 20% on your on your investment right so institutions are looking for things that are liquid that's why there's liquidity engines like xrt and ETF creation and Redemption um so you know that's what he's getting into kind of here where um they're they're perfect for people like market makers that sell volatility so we got market makers volatility funds authorized participants right so they can manage the flow of the liquidity um us utilizing all those different tools juggling fails to deliver uh creation or Redemption of these units of ETFs right and then they can provide stable uh like short-term price action to the market and then they can reconcile that in the long term but there's going to be a flood of volatility and during that period of time they should be buying buying options to um to net back some gain on all this and the problem with this is you know you can see that they do they make a lot of money doing that I'm hopefully I'm not butchering his thesis here trying to do a a really quick uh summary here so they they basically know when the time's going to be when they're going to you know reposition in their swaps reposition in their options rebalance ETFs and mutual funds and so forth and then they can make a bunch of money on the upside and then they can begin their process again of controlling the liquidity to provide stability to that market and um you know Pro provide a narrower ask bid spread so um in theory right in theory that makes sense but um it can overwhelm their systems if Longs Pile in if someone were to recognize an opportunity as I just mentioned earlier where liquidity is dry right the um attempt to turn GameStop into like a a little orderly flow but there's just very little trickling through right and they've packed as much obligations into other tools as they possibly can they it looks like they're about to let this thing RIP by piling into call options and other derivatives and ride an upswing right generate a whole bunch of new um shares with which to to build back up their their um Supply here to go through another cycle of this whole thing if someone were to recognize that opportunity and beat them to the punch and sweep out all the calls right buy up the whole chain and then exercise them all you would see something really special right and that's what he's describing here so um I I at the time I thought this was a really interesting um Theory and and I I saw a lot of value in it and then it's played out so good job girk um you know we we've got um the river ran dry I would say back here in um where's my chart can't see what I'm doing here um I'll just pull it up this way so the river was running real real dry maybe in a Hail Mary they were trying to really get longs to capitulate and maybe some Longs did at $10 down here and then they wanted to go for a reversal like they've done in the past you know run this thing up a bit get some activity get some shares build up their their pool and then keep running it down again right but if someone beat them to the punch right there where volatility was very very low prices on options were very very cheap and then they instigated exactly what happened with Wall Street bets back you know in 2020 in December um you know we would see a repeat of History so uh I just think the whole theory is really interesting and and part of the reason why the river would be so dry would be DRS so anyone thinking that DRS is not a valid strategy and not working I'd really challenge that I would say there's essentially three strategies uh that we've observed over this period of time and they all have a lot of Merit but you have to be really smart uh to do any particular one of them well so one of them is buy hold Zs right and that's going to pull shares off the market I don't know that they could be used as lens um but they can't they certainly are not part of the um eban flow and and um and liquidity going on in the market so it it it dries up liquidity for sure right um causing problems for anyone trying to manage this thing in such a way as market makers and APS so it's going to make the explosion explosions off of settling out trades like they're doing on these Opex tail wins uh all the all the worse for them so the DRS play very powerful I would say and people have talked about it today as a defensive posture um and I I would sort of agree it's provided a very strong defense on the stock a very hard floor um people buying the dips and then taking them off off off the markets so uh the next play would be options and we've seen Keith Gil play calls right but there's other options related plays that could be you know utilized selling covered calls uh buying cash secured puts all kinds of things you could be um like even shorting and buying puts to play downside runs if you if you're confident that it's reached top and it's going to run down uh so options and other plays like that are certainly um valid but very risky right because you you're you're buying time buying some Theta and then a third strategy would just be using shares and just trying to swing trade the thing which a lot of people probably do too and you know that one would be very dangerous I would say for um for these uh market makers and whoever's on the other side of this trade because you know potentially I mean there's swings pretty consistently of 25 to 50 to 100% And so if a person entered this whole Saga with say I don't know a position of like 200 shares and they swung it once or twice they could double it up each time be at a th000 shares couple more swings now all of a sudden they're at 2 or 3,000 shares and if they just keep doing that over time they could have an incredible number of shares so um you know or they could do it all at once like Keith's kind of done by getting a whole bunch of calls at a really good price in um premium and uh exercising a lot of those and selling a lot of those on a runup so um you know accumulation of shares is really the nature of the long thesis though the B thesis and three kind of ways that I'm looking at to do it and I think all three are synergistic maybe that's the they're all plays um and um if people people are all doing different versions of the play I think that that's that's good for the Longs if everyone on the long side is doing the same thing then I don't know then it becomes predictable right and and then the other side can sort of maybe hunt out a weakness in it so we're seeing a Confluence perhaps of strategies here and someone that beat them to the punch on their own strategy um rather than us being reactive for the first time somebody on the long side was potentially proactive here playing right into to uh gir's Theory and I think that that's that's exciting to me U we're seeing volatility that's even in excess of what happened in late December of 2020 uh very very exciting and then the final things to maybe talk about here would be and I I'll link this one as well so great job gerk make sure I call that out um you know huge explosion in short percent so these are uh you know if you just take that short percent multiply the multiply by the volume this is potentially the shares on the day that are short um and we can see right back at that same exact period of time that Keith is highlighting on his graph and I believe uh GK was calling out on Sunday or today earlier on his stream someone mentioned um this period of time of is of in an incredible interest right now I think we're we're really going to focus in on this so with that you guys I'll probably end it there I'm I'm really excited um for the days to come but I also want to end it of course with as I've been trying to tell people throughout this period of time but always you know be prudent make wise decisions we never know what's going to happen from one day to a next the sock could literally rip tomorrow um up a whole bunch or could dip a bunch tomorrow and like um how you manage your emotions expectations and then take action on things um you know is entirely up to you this is just a whole bunch of information about what's going on and you know some thesis and some Gathering of information trying to be education but at the same time I'm also you know constantly worried because you know while you know we're saying a lot of those people are Bots and shills a lot aren't right A lot of people probably B bought calls that were expiring on Friday and lost a ton of money and um or bought shares as it was running up think he was going to the moon or whatever and now they're read on their position and as somebody who was read on their position for a very very long time um at various moments throughout this and has struggled with that feeling and being down and you know just um buying and then seeing the price immediately get crushed down again and again and again you know 100 times fine shares and then look at it later in the day or the week you're like oh down again um It's A Hard feeling to manage it's a very challenging feeling so I would advise everyone to um always take everything that's being said and spoken to with a grain of salt seek out the alternate viewpoints and theories and perspectives and you know weigh them against your own what I'm saying here is just my take and I'm going to do with it what I'm going to do with it and I encourage you guys to do your research uh continue to learn um I can't provide you everything people always want me to hey can you go back and talk about this topic or that topic I probably can't I'm I'm just kind of taking it day by day you're going to have to learn and if you um want to get good at this because this is this is a hard thing to be good at trading is not a game for everybody um and it's incredibly risky and I don't want to see anyone ever get hurt or lose money or anything like that I think it's really um sad to see people get kind of like lured into a play and with not enough knowledge and then and lose money and you know I literally kind of had that happen to me all of the buy button got turned off so I'll say they cheated um cuz we were going to the Moon here you guys but anyway uh that's the end of this video I'm excited to see what happens in the morning and it's going to be probably a really exciting week so have a great night you guys and I'll see you in the next one