and live and there we are awesome awesome good morning good morning everyone hope you're doing well today today is january 29th 2021 and we're doing a live stream open discussion on game stop wall street and it's an ASMR math video but because of the action and the markets I've decided to sort of focus on the action that's taking place on wall street regarding and surrounding game stop and shorting and whatnot on charter days how are you doing it you show how are you doing today doing good man doing good I hope you're doing well exciting times exciting times can you go over some basic algebra today for sure on charter days now on charter days is this a mad rush or can we hold off on and until maybe maybe I might set because if we go a little bit too long but first first question can you hang out for the whole string okay that's my first question because if you can't then what we can do is do the basic algebra right now and then we get into the talking about the game stop and wall street in the markets and whatnot which which is pretty straightforward but I do want to lay it out yeah I will be here all stream all stream okay okay brother let's see what the chat wants to talk about we don't know people that show up okay good morning dragons good morning I know there's a lot of people are really curious as to what's going on with the markets and what this this is all about and it's very very much related to mathematics without a doubt without a doubt right so it's a very beautiful thing to see happen in real life and link it up with math right morning chico Gajil Gajil how are you doing lions lions good morning good morning game hope you're doing a while I'm uploading the kitty cat videos in the next couple of days today and tomorrow and then we're gonna do the rest of the stuff it's Vince it's Vince how are you doing welcome welcome to another live stream having a lot of fun following all this yeah me too me too super fun super fun it's times are changing in a big way right now before we get into all the business let me do my quick little intro I'm not sure if notifications have gone on on discord and twitch but usually it takes you know sometimes they do it within five minutes sometimes within 15 minutes sometimes they do it after the fact right watching those rich guys getting found out and doing all the wrong stuff to save their money and that's the key right it's not just about what's going on the retail front and people collaborating cooperating together to do something it's about the system how corrupt it is and those in power putting in blockers to prevent people from even just skimming a little bit off the top right curtain veil being lifted right Lions was just watching a video series on stocks and investing I want my piece of pie in all a gang your piece of the pie is not in the market is not in Wall Street just just to let you know right you'll be a will you know if you invest in it they'll take care of you as a slave as a surf right if you abide right but as the blockers regulation is changing and stuff like this they will prevent you from doing what they are doing so as long as you're happy being a second-class citizen a surf a slave then by all means follow the funds right if you want to be a free thinking human being in control of your own destiny then understand what the game is and then decide if you want to participate in it or not and realize that there are a lot of other games on the side that you can participate in and still maintain your integrity right hold the line yeah funny line funny line good morning stocks I'm in I'm in dog to the moon eyes dude the Zaret be careful with that AMC holding a 13 and change I'm sorry doing I'm assuming notifications have gone out gang it's 14 now rising nice nice this is just like being back at Vegas not a means of steady income just having fun awesome Zara awesome and that's the way it should be and there is secondary stuff associated with the two AMC just jump strawberry rhubarb buy it's me trousers hey chicho brother wishing you very well you you too as well all of you really gang not going there's a lot of hype going on dog going gang lonely piggy lonely piggy how are you doing hey chicho been a little while hope you've been doing well and congrats on the kittens thank you very much lonely piggy they're super fun man super fun we have a nice chill space and the kittens have added another element of chill to it can't go wrong can't go wrong well you can't go wrong but it's all good so far what I want to know is what is the benefit to lending stocks to shoulders the coin is the future it's pronounced hot I know I can't pronounce it I always pronounce it dog coin man I'm a following dog coin or doji dodgy coin I just got it dodgy coin Emily how are you doing I love the stocks it's fun man it's fun boop dodgy coin I love it I love it I'm glad it was a fantastic time man seriously good times good times oh yeah gang who I am what this is about and where we're going with everything let me let me do this where am I where am I I'm here oh yeah that's right gang I am on patreon patreon.com forward slash chicho CHYCHO if you want to follow this work if you want to know what this is about which is all layered on mathematics you can follow the work on patreon I don't put anything beyond paywalls everything's credit comments share share like right for those of you that have been supporting this work on patreon gang thank you for the support it is in large part because of your support that we're here right now and continue to do this 15 years 15 plus years 16 years of creating content writing articles and 14 years 15 years on YouTube so thank you very much for the support okay gang what's going on invest in chicho hold I bought 380 coins for 15 pounds today Felix how are you doing here comes the money laughing my ass off man sorry I'm getting like rocks off on Wall Street pissing and more mourning because a bunch of gamers figured out how to beat them at their own game how to beat some of them right there are this is the this is the even though they're supposed to be big players and stuff this is the low hanging fruit of the money makers right of those who rule Wall Street right so they're throwing some of their own to the wolves they're saying all the masses are coming off the boat you go off the boat you go too funny too funny too funny how Cheryl says thanks for the trust thanks for the trust looks like Wall Street fought back and now they're gonna win I know they're not gonna look the most the most brilliant the most positive aspect of what's going on right now is the veil being lifted to the masses to more of the masses right a lot of people who played the game they know how the game is played they know what this is about like because they they've been involved with it right but a lot of people have been thinking that this is a legit game legit system right well for all increase your wealth now they're going away the second you're changing the rules in the middle of the game it's like playing Monopoly with someone that is the bank well you're never gonna win at the end you lose everything right only the pay MD she chose under our managers buying to help spread the pain there are certain funds like I can guarantee you Cheryl there are certain hedge funds that also bought into this riding the wave up to get rid of some of their competition right to screw over the other hedge funds right they're a pack of the like Wall Street is a cesspool they don't they don't have allegiances to each other they have allegiances to the game right so I can guarantee you there is hedge funds that went long on GameStop and there they're there they're not only selling their shares right now they're shorting it again possibly or at least taking a certain percentage of those profits and buying puts on it and I don't know if GameStop it shouldn't be put in call actually no it is I'm pretty sure it is you can buy puts and calls on GameStop as well so I'm pretty sure there are people paying the premium to buy calls to ride it up I am to ride it down right they're straddling the price why not why wouldn't you when the movements just like this zero zero I teach you just a quick off-topic question I heard that Balinese cats are sort of I pull hyper all right what's your experience on that I love cats but I'm super brother sister 0 0 0 0 I have never ever petted any dogs or cats where I haven't had hair on me okay I can pick them up cuddle them pet them put them down no hair no hair there is no hair there's more chicho hair in this house than there is kitty cat hair I've never seen anything like it right and personally I don't like shedding animals everywhere right you know I know some people might be upset by that right I don't like to sit on a couch and then get up and I have hair all over me I just don't like it these guys zero really I've never seen anything like it okay so that's my experience and no allergies yet okay that's for like zero so so far fantastic and they're super intelligent man super intelligent kitties right Cheryl I love seeing the press from Citron are no longer publishing short search the end noting that they started in a hope of being anti-establishment only to become this now indeed and Robin Hood selling people shares notifying them we sold your house what what are you nuts Gina you doing a chicho and chat I hate that we live in a world where money has become a commodity itself that's it a whole rotten thing Gina I am with Gina 100% death did a whole rotten thing and I'm gonna explain to you how the system works right chicho that's good because less of a mess less of a mess less of a mess it's Vince a good thing to know is that since those hedge funds might have to sell their positions on different stocks to cover their losses if you guys invest on the long term you might find some good deal there it's Vince look everything's I personally wouldn't be long I've told people what I would be long on you know in the last few few years what I would be long on which would have been cryptos and cannabis companies right and cannabis companies I mentioned a few times too and the cannabis stocks have been doing phenomenal and cryptos have been doing pretty damn good and disclaimer I don't own any cannabis stocks and I I'm not trading cryptos or anything like this right I'm not I'm not in my full-time gig is this man I like doing this brings me peace chill environment I'm not into playing the money right I don't do this for the money I do this for the knowledge for the information because information is power right 0-0 yes but I think it's a matter of protein they produce not much of the hair but I could try 0-0 so from one understand the Balinese kittens don't have that layer of skin this is what my partners told me I haven't looked into this but they're they don't have a layer of skin that other cats have that produce that the protein or whatever it is right from what I understand look into it though and if you find out the info please post it on our discord in our pets pictures folder or something like this boom Nicky Hickey how are you doing tell us how it works brother I will Zara let me go through the intro speeding on Zara's for the love don't forget Chico I've worked for the love indeed Nicky Hickey should have said that for the love right for the love great to see you Jack Jack how are you doing welcome back how has nobody made a cheat choker and gang don't forget free aside free aside free aside Julian Assange is a journalist and publisher that has been crucified for trying to bring transparency accountability of capitalist power right free Assange and more information on Julian Assange and WikiLeaks playlist MC Mike how you doing I go long and Ethereum they're the number one go-to for smart contracts and the blockchain to facilitate that I was analyzing this last year and had has had fantastic returns and got good opportunities or room for growth Ethereum indeed right I hate how yelling the number five really loud in changes the value it's so oh don't hope you're doing well Chico excited for your thoughts and this crazy situation indeed yes they don't have the undercoat like some dogs yeah gang we are live streaming on twitch twitch.tv forward slash Chico live CHYCHO LIVE gang thank you for being here thank you for the subs thank you to the mod thank you for the follows thank you for the coins thank you for the bits and thank you for participating in this discussion it is also in large part because of your support that we're able to do this I do announce these live streams 30 minutes before we go live on mine's LOVK Gap Parler wants us back up and Twitter and we do have a discord page you can come on come to our twitch channel anytime you want type in exclamation mark social and all the links that I spell it wrong I show up and all the links will pop up here in the bottom there's a link to our discord page was a few hundred people sharing lots of information okay and making sure we're all informed as to what's going on gang thank you for the follows thank you for the subs just in case I missed them okay for live streams we don't have any visuals we will be uploading the audio to soundcloud.com forward slash Chico CHYCHO you can follow the work there and those audio files should be available on your favorite podcast and platform including Spotify and iTunes and we will be uploading this video to YouTube bitch you rumble and if I have enough Odyssey coins to Odyssey I've tried to set things up and I'm having some hiccups with that with the security and all this jazz and linking up the phone you know I wanted to get more coins and they needed my information I'm not into the privacy breach from my aspect of the thing so once as we start getting more coins and Odyssey however it works we'll load up videos as they come and at some point it's going to snowball there'll be enough coins there to upload all the content there but for now YouTube, bitch shoot and rumble the videos will be up everything goes up to bitch shoot and rumble censor tube doesn't allow us to load everything so if you want to follow all our work you want to be on bitch shoot and rumble but if you're on YouTube and this will go on YouTube you can support this work by following sharing liking commenting and on YouTube there's a button there you can join YouTube membership and for those of you handful of you we've joined YouTube membership gang thank you for the support it is also because of your support that we're able to do this gang let me take these guys down let's get into business now we've had a request to talk about some basic algebra as well so I'm gonna try to make sure we have enough time towards the end to do this okay if if I ran out of time to talk about mathematics when it comes up and mathematics takes center stage I will set up another live stream tomorrow to take care of the math aspect of things if anybody has questions regarding mathematics so towards the end if you've had math questions that you want to talk about post them once we I finish give you the lowdown of what's going on my perspective on things need be we'll do another one tomorrow okay for me this is about mathematics right the more people that are littered in the language of mathematics the better our societies would be the more freedom we will all have and what's going on with game stop in the markets and Wall Street and stuff it is in huge part mathematics related right Huckleberry hey everyone hope I'm not too late university has been kicking my ass the boss got again bet dragon chichu the pair the parlor link isn't working for some dragons parlor got taken out of the game for now right check this out they say censorship doesn't matter because these are private platforms that are censoring information such as censor to YouTube Twitter Facebook Google searches and all this chat and then they say build your own platforms if you don't like our platforms right so you can talk freely and then people build your own platforms to be able to communicate without censorship right and then they say wait a second you can't do that so we're gonna we're gonna deep platform off of our platforms we're gonna kick you off our searches such as Google and we're not gonna allow you to transact funds to be transferred to your account and in Amazon being in the business of hosting data cloud services says oh no I don't care how much money you give us we're not gonna host your servers either what the f all right what the f parlor I'm assuming we'll be back up if you want to follow the content the mines off you can join on my minds you can join on elo you can join join on gap you can join on vk okay and of course Twitter Twitter is the one that I have the most followers on but I'm hoping at some point the other platforms as well will kick up in number of followers there so decentralizing it my apologies about parlor I can't really do anything about it but hopefully it'll be back up sooner rather than later do you trade crypto no I don't liars more specifically ADA no I'm not trading any cryptos I did mining a little bit of mining Bitcoin in 2010 okay I've been following this since it hit you know since you could buy hundreds of Bitcoin for less than a dollar right you could have bought back in 2009 2010 you could have bought a thousand bitcoins for like 50 bucks right Nikki oh snap I can catch you on Spotify I just got the app for some cold train nice John Coltrane I'm gonna go crazy on the chichotown awesome it should be on there Nikki parlor for shut down because right wing is being infiltrated by white supremacy no crazy the BS that they're spewing right Huckleberry I mean they even blame some of the game stop action what's going on Wall Street on Trump is I'm like the garbage coming out of corporate propaganda is over the top over the top it's like blaming the sinking of the Titanic on a penguin the penguin did it talking about the penguin hit the boat then the penguin brought over the iceberg it was a penguin invasion they were trying to they were trying to kill all the Federal Reserve people the people who were against the Federal Reserve and that they were riding in the Titanic right crazy penguin assassins Huckleberry chichot to be fair the deep platformer parlor was a result of the complete lack of moderation when he came to fomenting acts of violence I think it sets a dangerous precedent but I also don't think it was wholly unjustified Huckleberry I I never saw anything on pushing violence on parlor but there are laws in place to deal with people who are fomenting violence and trying to instigate chaos right every government has that in place right so I don't know where it's at right and Twitter you man used to watch people when ISIS was full-blown the amount of horrendous things you could see on Twitter was over the top man it was unbelievable right how come they didn't get knocked out right it's it's it's it's a George Carter would say it's a big club and you're not in it and neither am I right and neither was parlor from the box of it there's no penguins in the Arctic oh no that must be a conspiracy then right penguin penguins man drag dragon chichot don't know if you saw my last but the Wall Street that discord was taken down for hate speech yeah I saw that dragons yeah they use hate be hate speech to take down anyone right I we taught there's been a little bit discussion on that on our discord page right now that was that was crazy again at some point we're gonna set up a telegram messaging thing for chichot I just got on telegram a couple of weeks ago thanks to elder God and once I get a handle on other things we'll set up one on telegram as well as a secondary place that we can communicate right but that's basically what they do right that's why that's what prohibition and censorship is all about creating the enemy the other right and anytime you need it you say you say oh that's the other there they're this they're this killed them throw in concentration camps right it's crazy there's a conspiracy theory that the woke movement was created to prevent another Occupy Wall Street Occupy Wall Street never really went away it just went into the background right like one of the it's it's basically fuel for fire like once Obama administration came out and shut down Wall Street overnight across the United States a lot of people got pissed me included right so we kick things up a notch right I don't think it was created for that but it's certainly been called off by people to distract from my class consciousness yeah yeah gang should we get into the action on GameStop while on Wall Street I'm gonna give you guys a quick low down or rundown of what this game is okay what this game is and gang remember if you have math questions okay post them once I finish this stuff and we'll make a list and see if we can deal with your math questions if not I'll set one up maybe tomorrow afternoon tomorrow we're doing current events at 8 p.m. and then we're doing human rights Sunday at 8 p.m. so I can set one up maybe in the morning tomorrow morning or something like that if we don't get to it Citron research discontinues short selling research after 20 years of publishing Citron will no longer publish short reports we will focus on giving long-sight multi-operative news for individual investors crazy let's do this man let's do this let's do this let's do this let's do this and by the way probably only me and mods are allowed to post links so links that we see I think you still see the links but on chat we only see stars right so if you want to share links and this goes to anyone go to our discord page and you can share links there let me here's our discord page right you can come to our chat and go exclamation mark discord and the link will pop up and then we have different folders there that you can post share information and thank you for joining our discussion right okay gang let's talk about the action on GameStop what's going on Wall Street what happened with Robin Hood what's all this chaos about okay now before we get an appreciation of what's really going on we have to understand what the stock market is about or what it was initially designed for which the idea is legitimate the execution has been horrendous right so just imagine right just imagine that you're a company that you have an idea you have a product you have a service that you want to bring into the market but you don't have the funds to do so right so this is you this is you you and your idea for now let's assume you is GameStop right and GameStop's been around for a while so retail and you know they sell games and products and services I'm assuming and stuff like this and they're focused on gaming right now just imagine you are a company that you're trying to raise money to continue your operation or you're trying to do placement to buy at another company or you're trying to raise money right to be able to restructure for the new times right for the new things happening in the markets for example if you're a retail space that had a lot of locations in a mall right before e-commerce kicked in maybe you need to raise some funds to be able to transition into an e-commerce world right so how does a company like you raise money right one of the things you could do you could go privately hit up some people you know send out some some summaries of your work right and get people privately to invest in your company and there are a lot of private placements right you don't have to go to Wall Street or stock market or different stock markets to raise money you can go to different individuals right you could go to different individuals private right and get the money coming in right all the money comes in you get the money you want and then you can expand your work right you go here and you expand or you start your project right you get the money coming in you do it that way right what's your other choice instead of going private you go to Wall Street okay you go to Wall Street hilarious you go to Wall Street to get some money when you go to Wall Street to get some money there are certain things you can do right now even if you go to private to get your money right what you can do you can take let's say half your company and say you're giving shares of half your company to the people that you're are investing in your company right now for a long time the way a company you would be able to do this you would go to the banks right and the banks and the banks have a whole bunch of network set out there right they have a whole bunch of money people that they can take a certain percentage of the company that's trying to raise money right and sell those shares the banks sort of are the in-between people right they're the salesman they place you know the shares with these rich people and these rich people the money people right the the funds some of them they buy a share of your company and you expand and do what you need to do right and this isn't just people who are starting new okay this isn't just companies that are new thank you sheriff we're taking care of business this isn't companies that are just new right Google does this Apple does this right Facebook does this they do secondary offerings they do they whenever like for example Apple did I forget what it was a few years ago right they did a multi-billion dollar offering because they wanted the cash right and then they what they did if this is Apple right they took a little chunk of their company and they issued more shares and they brought in billions of dollars coming in right and what the company says they need that for they say they needed for R&D they need it for mergers and acquisitions they need to stabilize a company they need to expand they need to do it for whatever reasons right so the concept of this is legit for you to have a place to go to to raise some money right now what's this dependent on how much money you can raise well if you're already in the market right and GameStop has been in the market for a number of years you can raise a certain amount of money based on your stocks based on your share price right so for example if your share price is $10 right and you want to raise let's say a million dollars right or let's say ten million dollars you want to raise ten million dollars how many zeros one two three four five six you want to raise ten million dollars then what you do you issue one million shares at ten dollars and usually you give the discount right if the stock is trading at ten dollars usually as a percentage off that you say hey you know what for the banks that are going to be finding us investors that are going to put money in that a company what we're going to do we're going to give them a 15% discount or 20% discount right 15% less right so they get 15% discount from what the average share price has been for the last 90 days in general last 30 days depending on the different exchanges you're in right so you can sell your one million shares right shares number number of shares less it's going to be a little bit more into one million shares because you're giving people 15% discount right so you can sell offer right an additional share and what it that does that dilutes the amount of shares you have in a market right so in general whatever you're doing this the stock price takes a little bit of a hit right and there is sort of restrictions you put on the shares you say okay we're issuing these shares but you can't sell your shares in the open market the next day because people would do that and right away if the share price is ten dollars they're getting a 15% discount they dump one million shares at ten dollars they automatically overnight or within a week they make 15% interest right which is pretty good deal right but usually they say you can't do that and all there's all these little rules and regulations that you can't do that right they say okay it's locked in for three months half of it is locked in for three months the other half you can sell after a year or something like this and they do this with their CEOs and managers and board of directors and all that jazz too right now just imagine this if your ability to raise money in the open market is dependent on your share price then your share price matters because if your share price is ten dollars then you only need to sell dilute the shares by dilute the outstanding shares by one million to raise ten million dollars but if your share price is two dollars and fifty cents and you want to raise ten million dollars now you got an issue four million shares right this is important this is important right the share price matters which is something that you have to consider what's going on with GameStop because GameStop has been beaten down their share price has been shorted right now we'll get into that right but think about it this way the price of GameStop share has been beaten down so low that they would have to dilute the number of outstanding shares by a lot to be able to raise a significant amount of money that they would need to raise to be able to restructure their retail spaces to go online to be able to sell their products online and who would they be competing against well hell they'd be competing against Amazon and the likes the Giants right and it becomes more difficult to raise a substantial amount of capital to go against Giants like Amazon and Walmart and Microsoft and all these Silicon Valley and they established the legacy companies right because they've been in the game for a long time and they got a lot of funds on the side right like Apple when they sold additional shares to make a few billion dollars they took all that money and put it in the bank and they gave it as dividends to the shareholders and they said that we're doing R&D and stuff like that but if you look at Apple's cash on hand it's huge right a lot of that has to do with them continuously reissuing shares right and making more money now if your stock is being beaten down you gonna have a hard time doing that right you gonna have a hard time doing that keep that in mind this is very relevant to GameStop I'm gonna take this down okay because we're gonna create a certain other talk about the shorting of shares right we're gonna keep the $10 there now let's take this down let's take this down but you're still there okay now let's assume to a certain degree to a certain degree okay now let's assume this is you or your GameStop now I believe I can't remember how much outstanding shares there are in GameStop I think it's like 65 million shares or something but I'm not sure right short I recognize this term the big short indeed now take a look at this let's assume this is you let's assume you have a million shares outstanding right number of shares number of shares and I'm using a million because I've said this many times what are mathematicians what are mathematicians mathematicians are lazy right if you're trying to understand the mathematical concept of trying to do calculations come up with a model the easiest number to scale is one right so you're gonna see a lot of ones that's where the percentage comes from 100 right that's where the unit circle comes from in trigonometry with the radius of one right one is the easiest number to scale so we're gonna stick with let's say your company has one million shares right and let's assume your stock price is ten dollars okay now if you go into the markets depending on the different types of markets you are there are different regulations for different different markets out there right like the TSX in Canada has different regulations and the Wall Street and Nasdaq then Canadian exchange and Germany and all these places at different regulations right and different regulations allow certain stocks certain companies to be played in a different way okay what are outstanding outstanding shares is how many shares a company has out in the market right so if you have a million shares in the market right and if you're a what do you call it public company you're gonna basically assume one million shares represents 100% of your company right so your company would be worth ten million dollars ten times one million if you have one million shares in the company outstanding circulating right worth ten dollars your company's worth ten million dollars right as the price of your stock goes up so goes the price of your company this is simplistic version but just think about it this way okay that's what outstanding shares are how many shares are out in circulation for a company okay and companies every now and then buy back their own shares if the if they if you as a company have done really well you got a lot of cash in the bank right you want to kick up your share price you can decide to take five million dollars and buy back your own stock right and if the value of the company hasn't gone up hasn't hasn't changed the book value on it and your business model hasn't changed if you buy back half a million shares your own your own company and if there's one million shares outstanding being traded what's going to happen with your price the price is going to go up and everything staying the same your price will go up to $20 right if everything is the same right and you decide you need additional money right to do research and development to do mergers and acquisitions to restructure then you can issue another million shares all of a sudden there's two million shares in the float and the stock price will come down right that's the way you can think about it now depending on the different types of exchanges you're on you can do different things with stocks on Wall Street right you got to meet certain thresholds right on Wall Street there's the pink pink sheets and all this jazz but game stock is on on the New York Stock Exchange I believe or is it on NASDAQ let me do a little check on this it's on the New York Stock Exchange right so GameStop is on New York Stock Exchange on New York Stock Exchange they're allowing for game stock shares to be shorted and shorted means this if you're a company out here you're this dude you're this dude right you're this dude okay and then let's assume this guy here says GameStop is a crappy company and I want to bet that the stock price is going to go down right and that's one thing you have to really appreciate with the stock market you can bet both ways you can bet the stock price is going to go down or you can bet that it's going to go up right a lot of people retail investors usually bet that the price is going to go up because they don't have the ability to do the other games right so can I issue as many shares as I want what determines how many outstanding shares I can have at the board of directors right the board of directors can come out and say okay we need to raise money right and we've done really well so stock price is up we want to issue another million shares and this is the reason we want to issue it usually that you know you have to say why you want to issue it you want to say oh you want to give bonuses to all the CEOs the board of directors well what do you think is going to happen with the stock price stock price going to plummet right because people are going to go what a stupid reason to dilute the number of shares because if you increase the number of shares by an additional million then the value of it comes down right think of it as a collectible right action comics number one last time I checked a couple of years ago two three years ago sold for three million dollars three point two million dollars because there's a certain number of action comics number one at a certain grade that are rare they're collectible right what would happen if all of a sudden in somebody's basement they found a thousand action comic number ones in mint condition well the person that bought action comics number one at it was I think was greater than 9.0 that paid three two three point two million dollars while the price of that is going to come down now because there's a lot more of them available right I'd like the collectibles analogy yeah indeed right like cryptocurrencies Bitcoin you can think about as a collectible and it is right it's a digital collectible okay so your stock price is ten dollars this guy over here let's do this guy in red this guy over here says I'm willing to bet that Game Stock or your company is gonna go down the toilet right and because Game Stock is being traded in New York Stock Exchange New York Stock Exchange allows something called short selling on certain types of stocks that meet their criteria and Game Stock does and your company does right and short selling says this even though this guy in red right doesn't have any of your one million shares he's allowed to sell imaginary shares on the market right borrowed shares on the market at ten dollars so all of a sudden your float is no longer one million your float is more than a million but the short shares are imaginary shares right and Game Stock the number of shorts of Game Stock stock were 100 estimates 140% of the number of shares outstanding so this guy here right and the short play on Game Stock wasn't one person there's multiple people involved in it right multiple powerful people involved in it but they're still being fed to the dogs some of them they should be right but the main players are still in the background right so this guy says you know what I'm gonna short I'm gonna sell your company shares Game Stock shares on the open market but they're not shares I have their imaginary shares they're borrowed shares that I'm gonna sell on the market and estimates are anywhere between 100 to 140% of the outstanding shares of Game Stock were shorted let's assume we're doing a hundred what are mathematicians mathematicians are lazy want to deal with ones one's an easily scalable so this guy's ends up selling one million shares imaginary shares of Game Stock on the open market over an extended period of time now if you look at the chart it's like a slow downgrade right so they keep on shorting it buying back shorting it buying back covering the short buying back buying back writing it down pressing it down just imagine a boot on your face holding you down right what's gonna happen to the stock price the stock price is not gonna do well right the stock price is gonna come down stock price over time is gonna come down let's assume it goes down to 250 Nicky small thought feels like a dumb question if you start a company and you want to take take a public how many shares do you do you do you have to pay with before you issue them out to the public IE what determines the number of shares your company gets it it's up to the board of directors the people that own the company to decide how many shares they're gonna put out there right and it's a discussion that they have with the banks and it's also discussion of how much the company is worth and how much of the company they're gonna put in the open market right like for example you don't have to put a hundred percent of your company into the open market right or put the shares out available to the public the owners of the company right so here's another company they can decide to put 25% of the shares of the company value of the company available to the public to be bought and the rest of it is insiders insiders on the rest of it right 75% of the company right so basically what happens is if this company ends up making a hundred dollars profit in a year the 25% 25 dollars of that right could be paid back as dividends to the shareholders because that's in the public hands and the other 75% or 75 dollars goes to the insiders okay not the determination of how many shares will be issued but how many exist period how many exist period again it's up to the company owners and it's really dependent on what the share price will be and what the value of the company is right you go to the banks and you decide you know they look at your company and they say your company is worth with the number one your company's worth ten million dollars before you go on the public right you haven't you're thinking about talking about the talking with the banks and all this stuff decide trying to decide how many shares you're gonna put out there right you go to the banks you say they do an assessment they say your company's worth ten million dollars right that's what you're assessed at and they ask you as a company owner how much of the company do you want to put on the open market you say I want to put 50% of the company on the open market foolish thing to do if you really want to retain control your company but let's say it's 50% and you can you can classify the shares as different types of shares class a class 1 2 3 ABC or whatever it is right sometimes a share holders don't have a say in the operations of the company sometimes they do right so let's say you want to put 50% of your company on the open market and your company's worth ten million dollars well then the banks going to say or you're gonna ask the bank what should we price the company shares at per share well the bank says you know what let's price the shares at one dollar each if they're one dollar each then you're gonna issue five million shares or they could say you know what let's go for the high-end investor let's price the shares at ten dollars a pop then you're not gonna issue five million shares you're gonna issue five hundred thousand shares right to be worth five million dollars right it really it's a game it's a game and from those five hundred thousand shares what do the banks get out of it well they take a cut of the shares right the banks the people who are doing this placement for selling five hundred thousand shares of ten dollars they make a deal with the with the company and they take maybe fifty thousand shares and they actually only sell 450,000 shares to the public right that's their kickback okay if they are selling imagine your shares why does it have any effect on the real stock price do people not know the difference we'll get into a tank gotcha I got the calculations of shares to worth I was just confused on the process of pricing the initial shares thank you for my pleasure my pleasure as for Tink take a look at this let's take this down let's take this down so these guys are shorting a million shares now Tink there are no no no worries Nikki there whenever I teach anything in general right most of the time it's good to have questions coming in because if there's any confusion taking place if anything haven't stipulated correctly or if I make any mistakes and correct me if I make have any brain for its it's good to have the feedback of Silicon is very informative awesome now check this out regarding Tink's question shorting of shares you can go on different exchanges and figure out how many shares are shorted and how many shares are outstanding so if you go to and by the way that's what someone here linked up that one of the places that use you used to go to to be able to see how many of these imaginary shares were out there has decided not to list these imaginary shares anymore what so they're not even going to start providing you the information of how many imaginary shares people have sold and the way shorting stocks works is this okay let me explain that to you it answers my initial questions soon cool cool now take a look at this how does shorting work now shorting is basically a company a person and hedge fund whoever it is or collective of people deciding to share to borrow shares right and borrowing shares means this let me kill this for now okay let's assume the stock price is ten dollars right and this guy shorts a million shares of this company at ten dollars right and let's say the stock price goes down to five dollars what this guy can do because when you sell these imaginary shares you actually have to pay back the shares at some point right you can borrow the money to do it right and shorting stocks is not as easy as me and you going and saying oh I want to short the stock before you short a stock the exchanges that you're dealing with the companies that you're dealing with the banks that you're dealing with are going to look at the value of this guy oh but no Chicho don't say my phone name again I've been too long following on YouTube also now this guy is worth money if he's able to short a million shares of a company at ten dollars the guys got cash sitting on the background and he better all right because what happens is if me and you if anybody buys a stock at ten dollars and the company goes belly up the most you can lose is ten dollars right but if I decide to short the stock sell this stock at ten dollars and hope that it's gonna go down for me to buy it back at five dollars that means I made a five dollar profit if it goes the other way I might lose a lot more right greetings blessings Dr. Pete so this guy the only way he's allowed to short stocks is because he's full of dough right you can you can say he's full of something else as well but he's full of dough he's got a lot of money and the banks have looked at this how much money how much net worth this guy has and he has to have multiple way more net worth than what the value of the short is because if he shorts a million shares of ten dollars that means he's borrowed ten million dollars worth of shares and sold them to generate ten million dollars right but if he starts his bet goes the wrong way he might have to pay back a lot more than that if the stock price ends up going the other way let's say it goes to 15 dollars right so if this guy shorts the stock at ten dollars right and the stock goes down to five dollars this differential here when he buys back this stock because he still has to fulfill the contract he's borrowed these imaginary shares sold them and at some point at the brokerage house is gonna say okay we need to have those stocks bought back now if he sells it at ten dollars and buys it back at five he just made oops I need more room I need six zeros he's just made five million dollars profit right however if the stock goes the other way right if the stock goes the other way he has to if he sold the shares at ten dollars and buys them back at 15 dollars he has to buy them back at 15 dollars then he's lost five million dollars right positive made it negative that's what it means when you're betting for a company to go down okay sleepy waves how you doing the real emcee hey Nikki not a dumb question at all okay I'm gonna skip discussion between each other right you'll probably have to solve property yeah so that's what happens that's what shorting is and remember the people shorting a stock are worth a lot of money because if this stock if you've bought it and the stock goes down to zero you've only lost if you had a million shares you only lost ten million dollars if this stock price instead of going to $15 goes to $150 this guy didn't lose negative didn't lose five million they lost 50 million right 50 million no no no not 50 million what am I saying I did the multiple wrong if it goes to if it goes to $150 they sold it at ten dollars and they have to now buy it back at $150 they just lost a hundred and forty million dollars instead of ten million dollars that we do it right I think so right huge difference huge difference right short strategy ever be used in investment portfolios for people with normal income or too risky you can use you can you can play the long and short game by the options way and when you buy options you can buy puts betting that a stock is gonna go down or you can buy calls betting that a stock is gonna go up all right but your your risk of losing money is limited to how much the options were worth okay okay hold the G Joe right so huge difference huge difference now are you willing to bet ten million dollars right trying to make ten million dollars and in a week or two weeks or two months all of a sudden you lose control of the the game and the stock price goes up to $150 all of a sudden you sold some shares at ten dollars to generate ten million dollars all of a sudden now you need to buy back the same number of shares at $150 and you're gonna lose a hundred and forty million dollars oh snap well that's what's going on with the game stock right and keep this in mind this is something that has occurred for a long time in in Wall Street there's a lot of companies that have been shorted to oblivion right and keep in mind what we talked about initially once a company is under pressure from these big fund managers being stomped on it prevents a company from doing secondary offerings or re offerings of stocks selling the stock to generate money so they can restructure so they can have a future right it prevents them from doing that because they're under serious pressure right it's not the free market it's sort of a game on the side that's taking place okay you only lose the premium so you cap your losses with puts yeah absurd account so game stop was being shorted hedge funds expected the price to drop but then Reddit stepped in and everyone started buying GME so the price went way up which means that now the hedge funds are gonna have to pay back a ton of money right yes but this is the way it works take a look at this thing it's not just one hedge fund that shorted game stop right there are multiple hedge funds the shorted game stop let's say this guy is a smaller player here let's do a do a visual and here's let's take out these two guys and replace them with a bunch of little or guys right little or guys this is important by the way because I'm about to explain to you what a short squeezes and how it works here's a bunch of little or guys little dudes because what you're gonna find out in Wall Street in our current economic system is a lot of people that me and you talked to the little fund manager and stuff like that majority of them don't know they couldn't I'm gonna be nice they're not the best informed people in the world right they only do what they've been told or they or they parrot what the big boys are doing right what the big boys are doing so this big boy gets a short position let's say of a million shares in this company right now GameStop had about 140% of the actual outstanding shares shorted so let's assume there was another 400,000 shares right shorted by the little players right now why did the little players short game stock most likely because they saw this big boy shorting a million shares and they said we want a piece of the action so they shorted 400,000 of the GameStop stock right or 40% of it this is 100% of the original outstanding shares and this is another 40% of the original outstanding shares now since these little guys are little right smaller players they don't have as much credit as the big player right so their margin calls came in and margin calls are basically banks calling up a player right who's got money in the game saying listen we can't give you any additional line of credit you have to cover your short so if this guy here or this poor little bastard this guy here right shorted let's say 50,000 shares right at $10 and the stock price went up to $20 he's gonna get a little phone call from the bank saying hey you don't have enough funds to cover the buyback on $20 if this thing goes up another five your net worth is not enough to be able to buy back your shares you have to buy back your shares right so all of a sudden this guy has to take the hit they need to buy back 50,000 shares right because the price the stock price is getting away from them right so what's gonna happen is all of a sudden there's gonna be a buy order of 50,000 shares of $20 coming in because this guy needs to cover the initial bet that he made holy Kamoli's this stock price is not gonna do a nice little thing like this it's gonna go like this boom all of a sudden there's 40,000 or 50,000 buy of a stock price right so what happens when it goes up here the price might jump up to $30 all right so the price jumps up to $30 oh look there's another pork bastard that's here he was he wasn't he was expecting this thing to go down now the price is at $30 this guy gets the next call from the bank the bank says hey buddy you have another 50,000 let's say this guy bought another 50,000 shares short of 50,000 shares of $10 their net worth is the equivalent of the stock price being worth $35 or $40 usually the margin you're allowed to play with is anywhere between 25 to 75% of your net worth usually 50% right once you cross that threshold you're gonna get a call from the bank saying you got to liquidate some of your assets because you're gonna you're gonna have the margin there to cover your losses so this guy this this next person online gets another call from the bank saying okay you're gonna have to buy back the amount of shares that you shorted because your net worth is not enough to cover this if this guy this thing goes up anymore right so there's another short squeeze coming in all of a sudden woof another 50,000 shares at $30 right and the higher the price the larger the movements if there's big blocks being bought like this all of a sudden this guy goes up to $60 oh guess what the next dominoes fall boom boom boom boom the stock price goes from 20 30 60 150 320 dollars all of a sudden this big boy gets a phone call this big boy gets a phone call from the bank hey big boy you shorted a million shares at $10 that was worth $10 million dollars now you have to cover this short game stock price went up to breached 400 game stock price went up to I think right now today is trading at around 320 dollars 320 dollars the guy shorted a million shares at $10 has to cover has to buy back the shares at $320 that means he has to pay the difference which is $310 a million shares he have to he has to cough up $310 million dollars and a million shares what's that gonna do to the stock price when it's sitting at $320 where's it gonna go there's only a million shares outstanding this guy needs to buy back a million shares where's it gonna buy it back from if people are as the mantra is going holding the line and not selling their shares oh snap crackle pop the share price is gonna go I don't know where is it gonna go my board is not big enough right that's the game at play right now now is it everything that everybody's saying hold the line all this not really right this is the simplified version but one thing you have to consider and apologies for not reading the chat okay but this is the game at play right now me and you don't get to print money right me and you don't have access to zero percent interest as much as we want right we can't go to the bank and say hey I need to I need a $310 million a zero percent interest so I can buy back the 1 million imaginary shares I sold of this company because there's a whole bunch of retail investors that are screwing me over the game is rigged well the game was rigged from the get go because this guy knows how it was rigged he's just really pissed because everybody else knows figured out how the game is rigged and how it's played right but these people here right this guy here that's being thrown to the wolves this big boy here he's a big boy relative to me and you he's not a big boy relative to the banks right to the people behind the curtain because they're the ones pressing the buttons and letting the money flow right if you look at the M1 and M2 of Federal Reserve funds that were released right the chart approximately 40% of all cash liquid cash that has ever been released by the Federal Reserve was released was created in 2020 in the last year so 40% of all the money in that the Federal Reserve had ever released onto the markets were created in the last year right and if you want to know how was created well in the last few months Wall Street was given a bailout of trillions of dollars while people in the United States some of them didn't even get their $600 paycheck and they're going to be waiting months to even if they can get a hundred four fourteen hundred dollar paycheck so Wall Street gets the funds first at 0% interest no questions asked within days if not hours of them asking for it and Joe below investor not the same not the same so this guy can decide maybe if the market allows it to short another million shares and push it down again push it down again push it down again right and if the line of communication this is extremely important right send soar ship apologies if I spell things wrong but looking at it this way it's harder right if the line of communication because this is a war right the first thing you do in any war is to cut the lines of communication of your adversary right if the line of communication is severed between the retail investors acting as a cooperative to take on these big boys right if the line of communication is severed between all these different factions all these different people that are working together as a cooperative and this is one of the greatest examples of a cooperative that I can think of people working together to get something done right if the lines of communication are severed and there's panic selling right and people freaking out well guess what if this guy can get the funds that he needs plus some to continue to short the shares of $320 and there's panic selling from the retail investors because they can't communicate with each other then now he's not shorting a million shares of $10 he's now shorting another million shares of $320 and if this thing goes down this big boy is getting bigger he's gonna make more mint money right because we don't know what access to funds this guy has now what's been going on is this scored took out the line of communication for Wall Street bets the people who have an vested interest in this they put their hard-earned money to play this game right and it is a game right so this scored severed the line of communication read it to a certain degree took up the line of communication for a short period we're doing a crucial crucial time if you're in a war zone situation if there's an attack on your front lines and your line of communication is severed for a few minutes to a few hours that could be extremely devastating right you could lose the war at least the battle because this isn't the war is much bigger than just this this is just one battle right you could lose that battle so Reddit took it out what else happened oh wow some of these places like Robin Hood that people had their shares prevented people from selling or not selling buying more of the shares to keep the price going up so this big boy could get right so Robin Hood and other apps prevented people from buying more shares because they wanted a piece of the action they did the calculation if this guy has to buy back a million shares of $320 price of GameStop is gonna go through the roof holy shite it's gonna go into the thousands of dollars right but you couldn't buy it not only that these apps these websites started selling people's shares without their knowledge what the F why would they start selling shit they they sold people's shares without them knowing it right without them wanting their shares sold right so this is just on the front lines of what's going on there is a so much other things going on in the background right which is if you look into this thing it goes into what we just talked about at the beginning which is the veils being lifted people are realizing that this is a rig game and these big boys these even these guys might seem like big boys to us they might be controlling billions of dollars right but they're nobody they're nobody is that a big boy nobody nobody if we've heard their names right they're nobody's they're not the ones pressing the button and increasing the money supplied by 40% in one year right side 100% side A side B the mask is off what is the game what's going on that's my little quick intro there is a lot more to this I skipped over a few things just answering some questions or whatnot but it should give you a really good appreciation of what just took place what is taking place right and the implications of this are grand or beautiful or phenomenal this should kick us into Occupy Wall Street 23410 amplified right because our enemy is not me and you no matter what our ideology ideology beliefs religions the different foods we eat the different the different color of our skin right we're not each other's enemy right Occupy Wall Street had it right who is the enemy because our differences didn't matter when Robin Hood was selling our shares or prevented us from buying shares right or censored our communication we're all the same keep your eyes on the prize know what the game is decide if you want to participate in this game and realize there's a lot of different markets that you can enter that are disruptive that don't give as much power to this bad boy and his minions and his masters that's my little intro to what just took place fun fun I'm gonna read some of the chat game just because I missed a whole bunch of it I was on a roll I wanted to get it off my chest yeah so GameStop was being shorted yeah okay that's I gotta do you think it's too late to buy now I'm not playing the game man I got to look to play this game you gotta be quick on the trigger you need to be sleepywaves you need to be watching it 24-7 right not 24-7 but you need to be watching it constantly I'm watching it but I'm doing a lot of other things I'm creating this content I'm taking care of little kitty kitties I I've done this game before by the way gang I the reason I know how this works is because I've participated in this system right 20 plus years ago right I was okay I know how it's played and the veil was lifted for me a long time ago and I've written a lot about in the mid-2000s right that was a wrong trend what does it mean that GMC was shorted 140% basically they had a million that's it I don't know what the outstanding shares were there were a million outstanding shares and people sold one one million four hundred thousand additional imaginary shares right that they have to buy back at a certain point okay makes sense now lion says right thanks I mostly understood this Nicky says and I didn't mean to propose taking a company public okay so you guys are talking they need to re revalue all their losses the color the color opera where are the additional 40% shares coming from don't they need to exist first in order to borrow them no they don't right that's the that's the one of the things that's in play in certain markets right especially in New York Stock Exchange bureaucracy kills people are saying this is a redistribution of wealth from the rich to the poor in fact it will just result in the absolute riches getting richer yeah I don't agree that this is the little guys taking on the big guys and it's it's it's gonna bring down capitalism and and this and that right it's and it it's it's the veil being lifted right it's the veil being lifted there are in the same model there are hedge funds here right big money players that wanted to screw these guys over because they don't like them and decided to go long they decided to buy game stop and push the stock even higher right so what we talked about doesn't include people we just talked about the short squeeze we didn't even say that there's gonna be big money pushing this guy even higher right and obviously the masses of people that are buying to push this up right fake are you doing a buddy a buddy a buddy hello hello where did we go that spectral shot the Vedators are wrong to think they can win the game in the long run yeah it's this is not a long game this is a traders game quick on the trigger game it's like thinking you can go into a casino and beat the house the house always wins in the end yeah if you did if you stay there long enough you're gonna lose you you're gonna take a hit or give them a blow and get out right that's what you need to do don't be holding a bag on this one masks off great explanation I try today's thank you yeah quality thanks my pleasure yeah very informative super sweet stream awesome Nikki capitalists meet the grind your drink up the common class eat the red stream great stream awesome crow forest laugh out loud Tony how are you doing Chicho I watched the movie wolf on Wall Street and I don't know what he did wrong he was selling people shares and getting rich off the commission is that illegal no and well here's the thing the banks one thing that happened in the 2008 and that was unprecedented really yeah like what happened with the trillions of dollars being handed out in 2020 with the COVID nothing was the stage was set with the 2008 financial scam the largest scam in history right it because the banks at that time were lying they were faking the numbers they knew they knew their funds were garbage and they were marking them as triple A safe as anything right triple A assets and securities exchange commission was writing off on them saying yeah these are triple A assets right and selling them to me and you to general investors not that I was invested in that garbage but to to general investors to retirement funds right because they believe the triple A rating right so it wasn't that they were they were doing something wrong in the sense of selling things if the things that they were selling were legitimately priced but they weren't it was a scam right it was it was garbage the government knew about it the whole thing was the biggest scam because you could think of of Serticon thanks Chicho great experience very helpful awesome full flow chicho is awesome and thank you in gen seven to eight for the twitch prize I've appreciated nights of old comic chicho please explain shorted short sales in a simple way I guess I missed the explanation nights of old comic basically in New York stocks change and you have to meet certain criteria right you can't be a dollar I don't think so I know I'm seriously I was involved in this game 21 years ago at that time like for example on TSX and stuff like this the Canadian exchanges a stock that could be marginable and check the sound we didn't even get into this part now these guys these big boys the amount of assets they have where they can buy 10 million dollars worth of shares right short 10 million dollars worth of shares they they don't have to have all those assets in cash and they don't they only have a certain amount in cash the rest of the stocks that they have their rest of the value that they have is locked up in other stocks right so for example in Canada on the one of the exchanges there was a criteria that a stock had to be four dollars minimum four dollars or more to be marginable at 50% so if you had us you know a thousand shares of a company that were worth four dollars right that's four thousand dollars worth of asset you had in that company right now that meant because the stock price was four thousand dollars you could have had you could you had two thousand dollars of credit you could play with right now what happens if the stock dips below four dollars all of a sudden you get a call from the bank saying hey your stock price is your your stock price has dipped below four dollars or your net worth your assets that you have have gone below the threshold that we have to be marginable right now you have to give us the two thousand dollars because we can't give you credit of two thousand dollars to do whatever else you want so these guys when they're trying to buy back these things they need to generate this money where they're gonna get this money well guess what they're gonna do they're gonna be liquidating other stocks selling other things so what that does it's put pressure on the whole system right on the whole market because people need to sell shares to cover their margin calls and what what what's that going to do oh this guy sells shares in a certain stock and that stock goes below the margin threshold well guess what these little Joe blow little peons here they were probably margin on those stocks as well oh they're getting calls from the bank oh no now they got to sell other shares that they have it's beautiful to watch it's beautiful to watch as far as short selling goes it's just the market allows it it allows people to sell shares that don't exist at a certain price because the markets are just a casino now right to sell shares at a certain price and then buy them back at a later date right it's just credit right buying back at a later date if it goes down they sell it for they buy it back for less they make money if it goes up they buy it back for more they lose money it's it that's all it is really nice of all comic doesn't make sense to a certain degree yes it can make sense if you know a company's just BS their their business model doesn't make sense should you be able to sell imaginary shares that's iffy i don't i don't think so personally to a certain degree i think yes and no but there should be some kind of play derivative puts and calls that you can do to bet that a stock is going to go down and there are right but keep in mind for example during the 2008 financial scam that happened in europe and in the united states i believe all of a sudden the exchanges came up and said okay no one can short the bank stocks like literally because the banks were done for right the bank stocks were just crumbling because they were they weren't liquid anymore they owed more money than the whole operation was worth so people were shorting the shares right rightfully so but all of a sudden the exchanges came out and said okay you can't short these shares anymore no more shorting the bank stocks and then the bank stocks stabilized and they started going up again right wait a second all of a sudden because people realize that this company is garbage you can't short the banking stocks because they're in trouble well wait a second what about GameStop didn't stop these SOB's from shorting game stock why not right do you think the long-term impact of this will be that the vengeful internet groups will start anti-shorting hedge funds and holding just to make them pay would be a would be a welcome change for Wall Street here's the thing i said this before tank we don't have access to unlimited funds right they do look into something called irrational exuberance that Greenspan came up with it was a term that Greenspan came up with in the late 1990s right and irrational exuberance was this those of us who were online who understood what the internet was about we saw all these companies coming up and we knew what they were capable of right a lot of people went wow the internet is the wave there's the revolution and it's going to change our world in a huge way and very positive wave done right right so people bought all these stocks a lot of different types of stocks internet stocks technology stocks because you could you could tell what was coming right now what happened was a lot of retail people Joe blue like me and you were making mint money we're making good money right interest rates were around four and a half percent then and then the federal reserve came out Greenspan came out because they're the big boys they're they're the boys behind this this Joe Schmuck here right they're the real players right they came out and said oh no no no no no no no this is irrational exuberance people are really happy right now because they're becoming wealthy or they're becoming better off or they're making a lot of money on things that we haven't approved that's what really he was saying right this is irrational exuberance right the general population is happy for the wrong reasons right it's irrational for them to be happy that they're making money or they have a long-term perspective of technology on the internet the stock prices have gone up too high so we're going to kill it and what they did in a matter of eight months they raised interest rates boom boom boom boom boom like eight to ten times in a matter of eight months sometimes like two basis points so all the sudden interest rates went up went from like four four and a half percent to six and a half to seven so anybody that had borrowed money was screwed companies that have borrowed money to roll out all these things that business plans saying okay we're going to roll this out be paid from here pay the interest that we can pay because interest rates were four percent four and a half percent so their their books were working out looking good money was going to come in that we're going to cover their debts being paid employees and stuff like this no one counted on the federal reserve coming out almost doubling the interest rates so when they doubled the interest rates all of a sudden all these companies started bleeding money bleeding money bleeding money and that was a chain reaction just the same way this was a chain reaction but that took out a lot of people right all of a sudden the market crashed right so this is a major game to spend a play for a long time right so they have control of the money supply if me and you don't have control of the money supply we can't play this game on a long-term basis you give your hits you will run away it's a casino okay the color hey chicho do you have an accent you sound like some Montreal angle of point i know i'm west coast canadian brother i woke up and realized it was just a scam so i went back to bed ha ha cosmic vision got the tap out okay i read great to catch one of your streams brother stay safe you too you too and gang don't forget free assange free assange free assange Julian Sange is a journalist and publisher that is being crucified for trying to bring transparency and accountability of capitalist power to humanity for more information please see your Julian Sange Wikileaks playlists nice little comics chicho it's like a temp loan to the rich i see yeah basically basically 100 it's basically a ticket for the rich to do whatever the hell they want right to me and you legendary rob boss chicho if you were chair of the securities exchange mark are there any info reforms you would make in the stock market to make things less volatile uh i don't think volatility is the issue here it's the scam that's the issue i have no problem with volatility volatility is a trader's game i'm okay with volatility i would not allow the rules of the game to be changed in the middle of the game which is what's going on right now they're change you're like what's going on right now with the stock market right the stock market's been around for a hundred plus years right so this thing's been around for a hundred years and they're bringing in new rules now what the hell why they're bringing in new rules now you mean after a hundred years of having all this stuff happen right they still haven't figured out what the rules of the game are well of course they have the rules of the game is whatever they tell you the rules of the game is right that's the rules of the game it's their game that's why i'm saying that's why i'm not playing their game right i'm playing a different game okay it's their game and they're changing the rules anytime they want right deplatforming censorship prohibition preventing people from selling their stocks preventing people from communicating controlling information changing words in the english language to make people seem like the other they're changing the rules of the game morality is just seems wrong to bet against the company it depends it depends i have no problem betting against the company but you can't change the rules of the game in the middle of the game side a side b so for there to have been over 100 percent of shares shorted someone had to be naked short yet 100 percent it's all this is all naked short right which is supposed to be no no no naked short selling is not illegal naked short selling is legal right as far as i know unless they changed the game on me from 21 years ago in in shots in general that's what kamichicho wasn't the crash of 1929 cause because people had to pay back the money they borrowed off of the worth they had via stock to a to in large part there was a huge aspect of that as well yeah and it just became a chain reaction as the stocks were going now some of these some of these poor bastards were jumping off skyscrapers right i feel for them but they shouldn't have jumped off it's just money i guess they were pretty pissed they couldn't get their caviar's right so i do appreciate the stream makes me much more aware of any investing though i am not capable right now yeah probably shown so how do we come out of this mess is it the is it the bitcoin um unfortunately bitcoin is not playing out the way it should be playing out right it hasn't become a currency it's a digital collectible right for me i'm already in the collectible business i collect comic books right so i'm not into collecting something digital okay for me we need to get control of currencies right we need to have currency in the hands of the people not in the hands of the puppet masters right not this guy this guy doesn't control currency this guy has access to the currency that has been created and interest free right we need to get control of the currency once you get control of your currency the next thing to do is to get control of the food supply right so how do we go legendary boss i feel bad for the poor schmucks that budgie gme late they are going to lose bad if the big sharks get out early maybe they should try selling all of it to a popular game distributor maybe and here's a kicker right now don't get me wrong i think it's nice seeing this happen and if people hundreds of millions of people decide that they're willing to write off a hundred dollars right hundred dollars to screw over the bad boys right hundred million people get together everybody puts a hundred dollars in and shoots the stink to the moon this guy is going to get a margin call and the couple of big boys behind them are going to get a margin call not the puppet masters but a couple of big boys behind this guy are going to get the margin call right so you rattle the cage you rattle the cage and these people over here they're throwing all these people to the walls right so what's going on their numbers are diminishing they're losing their supply their their buffer right so they're losing their buffer they're sacrificing their buffer and the veil is being lifted veil is being lifted and at some point you're going to see who's behind the curtain right so legitimate thing to do just know what it is that you're doing right if people are thinking that this is a long-term thing that's taking place right now with game stop it's not this is one blow make sure you realize what it is right it's a battle are you on the front line is going to become cannon fodder or are you strategizing behind the lines saying okay this is one battle let's see where else we can puncture a hole in the system right Nicky what was it called in the movie the big short when side bets were made derivatives made on the mortgage bonds it was a it was explained like making bets that a blackjack hand would lose or win crazy amount of money gone involved yeah it's it's called derivatives Nicky and derivatives are multiple different instruments that people can do on the stock market other than just buying and selling stock buying and selling stock is is is like eating apple applesauce every day right that's that's what it is the stock market is not just about buying if the stock market was just about buying and selling shares it wouldn't dominate our world right it's all the derivatives that are in play right now that are dominating our world those are the ones that are in control right if i was in control of the sec i would get rid of all these derivatives right it would crash the world economy and bankrupt all these joe blows right bitcoin is nearly just another way of relying on money i agree fit in in large and there's a lot of greed people in the crypto crypto space right the crypto money all those people that are made a ton of money on gmc on game stop and other things and on bitcoin and stuff like this i really don't see that money being filtered out in the way it should be to disruptive innovation that is going to take these players out of the game i don't see a lot of that money coming into independent creators independent creators right now that have been working their ass off me included by the way right so i have a i have a stake in this game i don't see a ton of money coming into independent creators to empower them to roll out these things in a much larger way and make sure we're sharing as much information as possible we're censorship on all these platforms don't take us out of the game right so there's a lot of greedy people that only give a rat's ass about themselves and how much their net worth is relative to fiat currency that are in this game i put out an article a long time ago and i said once wall street got involved with cryptocurrencies i pulled out of cryptocurrencies i'm not interested in playing wall streets game to me this is poison but why not i'll watch a few blows being thrown side a side b chicho i've seen a few sources now let's say that naked short shorting was made illegal after the naked naked short selling was made illegal on banks in 2008 2009 right they all of a sudden changed the game i said you can't short bank stocks i don't know if they are pretty sure still legit like these people can't be short selling a million shares if there's a million shares if 140 percent of the shares of a company have been shorted right that's got to be naked naked shorts forget the moon i want to go to and draw the derivatives thank you my pleasure nicky hello good evening afternoon from jails room belgium good evening good evening good afternoon for me good morning could you do or have you done a twitch session to help first time investors we're starting one we did one we did investing we looked at markets i have to put it together i've been really busy with the kitty cats and doing a lot of other things and decentralizing more right all the censorship kicking in is consumes a fair bit of my time trying to make sure we're on different platforms and you know crossing the t's dotting the eyes and making sure all the stuff's taking place right and i have to upgrade my system before i can delve into it more so you know i'm doing the best i can man really i'm operating at full capacity now have been for a long time and i love it i thrive on it but it is what it is and gang don't forget free assange free assange free assange julien assange is a publisher and journalist that has been crucified for trying to bring transparency accountability of capital as power to humanity okay for more information seer julien assange on wikileaks playlist gang that's game stop action on wall street uncharted ace are you still around are we going to do mathematics basics of algebra i'm going to take all this down gang i'm going to take all this down and you straight up mathematics i'm here awesome uncharted ace yes algebra rock and roll let's do let's do and thank you for your patience gang those of you who are here for the mathematics as you can tell this is math related but it's a game i rather teach the pure math stuff so uncharted ace we want straight up algebra right been a while we want straight up algebra now i'm assuming uncharted ace you're okay with adding subtracting are you okay with dealing with negative numbers bot mass bed mass okay bot mass we call it bed mass here are you okay with negative numbers and what about fractions all right let's deal with fractions man because a lot of people whoops a lot of people have a hard time with fractions okay yeah pet mal that doesn't know no not negative numbers so you're okay with negative numbers or you're not okay with negative numbers i'm just going to wait for the reply for our trident ace he's been patient he's been waiting for us he's been waiting for us not you're not okay okay let's do negative numbers okay gang look let me take this off actually not i want to take this off it's all blurry now the double negative the double negative look adding subtracting negative numbers is to a certain degree straightforward okay so just imagine yourself on a number line right here's zero one two three four five six one two three four five six right one two three four five six negative one negative two negative three negative four negative five negative six now if you can think about a number line just imagine if you go in this direction you're positive and if you go in this direction you're negative absolute values of negatives absolute values negative is positive right so if you're adding numbers it's pretty straightforward right let's say we want to go uh two plus five right i should add seven here right so you start off at this number which is here two and then you add five you go one two three four five you're at seven the answer here is seven right let's assume you're adding you're starting at a lower position and you're adding a number let's let's assume you're starting at negative four and you're going to go plus five so you're going to start at negative four and you're going to go one two three four five so you're at one right make sense now there's one mantra we have the sign in front of the number goes with the number say it with me mantra number one sign in front of the number goes with the number okay sign in front of the number goes with the number oh wow we're coming up to the end so this isn't just four this is negative four right this isn't just five this is negative five make sense important so what i could do here is i could go five plus negative four five plus negative four is also one okay because this is really five minus four which is one okay so takes up to the same location now here's one thing you have to appreciate with negative numbers this is the one thing that people get thrown off of okay if you have an odd number of negatives multiplied together it's a negative if you have an even number of negative numbers multiplied together it's a positive think of it as english right in english if i'm not not here i'm here so double negative in english is a positive right so think about the same way so a negative and this is just multiplication this is adding adding and subtracting this is multiply malt oops malt and divide okay so when you're multiplying and dividing even number of negative numbers multiplied together divided together is positive odd number of negative numbers multiplied divide together is uh even number positive negative right so if you have negative times a positive times a negative times and negative right so if you have a negative number times a positive number i don't care what the number is times a negative times a negative that's an odd number of negatives one two three so the answer is going to be a negative number right yeah square root of 16 is plus or minus four right if you have an even number of negative numbers multiplied together this is going to be positive that's what you have to keep in mind that's when it comes to adding subtracting negative numbers multiplying dividing negative numbers and if you're combining the two right if we're combining the two what if we had the following negative let's write it here negative four plus negative five right so this is still adding a couple of negative numbers so if you start off at a negative value negative four and if you add negative five it means you're going in this direction one two three four five so you're at negative nine because a positive and a negative when you write numbers like this plus and a minus positive and negative this is really multiplication so this really means negative four minus five which is obviously negative nine right think about it that way so if you see a plus and a minus together like this think of it as multiplication on that note if i write this negative four minus negative five this is the one that messes people up well if you have a plus or a minus right beside each other without a number between them it's considered to be multiplication so this is two negatives multiplied together two negatives is an even number of negatives multiplied together so that makes it positive so all you do for this is you go they both become positive so negative four plus five you start at negative four you go add five where is it negative four plus five you start at negative four you add five you're at one okay let me give you one that's complicated more complicated than this right are you okay with this if you need it you can always freeze or look at it later i'll take a screenshot it's a good way to keep notes right so what if we had this when they give you ridiculous statements like this or expressions like this they say negative two plus five minus negative four minus three plus negative one minus two minus negative two right let's say we want to do this now people sort of panic when they see this but you have to do things in mathematics in sort of order and the proper order right so first thing you do if you're doing the answer is three let's check it out if you're going through this in your first scan take care of the signs that are together that are being multiplied together right so this is negative two that's fine this is negative five that's oh sorry positive five this is negative four but it's being subtracted so two negatives make a positive so this becomes positive negative that's fine by self plus and negative one is really minus one and then you got negative negative that becomes a positive cool now we can go ahead and do our thing right now when you're doing this what you can also do is group things together to make it easier for you to do the calculations now once you have plus five you don't you know that's a positive you don't need to put a plus there you have plus positive four you don't need this positive anymore positive times a positive is a positive right you don't need this one here anymore now i'm erasing these to make it visually more appealing when you're doing it with pen and paper or pencil and paper you're not going to have the opportunity to erase these things and you don't necessarily need to copy it down every time but the more of this you do you won't need to erase things you'll just it'll just pop out at you right why do two negatives make a positive why are two negatives in english make a positive right there is a there is a there is a proof to proof available for them why two negatives make a positive but i don't remember the proof and i don't go through the proof for me the way i explain it is it's a given in english that if i say i'm not not here i'm here so two negatives in english make a positive two negatives in mathematics make a positive okay dolphin ha chicho those order of operations affect this uh like doing yeah because negative and a negative was really multiplication so you need to do your multiplication first right it's bad mass or bad mass or whatever it is is a bad mass you gotta say we say bad mass bad mass and remember if you're simplifying expressions you go this way on bad mass if you're solving equations you go this way right which just trips people up as well but if we're going this way we do division this is division and multiplication this is addition and subtraction so we just did when we have two negatives here we're doing the multiplication first two negatives make a positive right because it's essentially negative one times that number and negative two negatives ones cancel each other yeah hey chicho hello pandemic watch so when you're doing this you can group things together or you can just work from one end go to the other you can go negative two plus five if you start out negative two add five you go one two three four five so that's three three plus four that's straight up that's seven seven minus three is four minus one is three three minus two is one one plus two is three congratulations the last lorian the answer is three right does that help out on tritonese right the other thing you could have done is group things together this was negative two plus five plus four minus three minus one is two plus you could have gone negative two and two they kill each other negative three and negative four is a negative three and negative one is negative four plus four they kill each other negative two plus five is the same thing as five minus two which is three so there are multiple ways that you can go about this okay we always use peat nas please excuse my dear and sadly parentheses rather than brackets ah parentheses that's what it is peat nas and then what's all up or operation the people use it the violence of mathematics by chico well but is that okay on tritonese you need to practice some of this before we can get into fractions and prime numbers and stuff but on tritonese tell you what okay you're on our discord i think you're on a discord remind me on discord for the next mass stream i'm gonna do my my pleasure on tritonese remind me on discord on our in the general folder in our next mass stream to start off with basic algebra and promise if you make the point uh in the next mass stream i'll make sure that from here we'll go into uh bed mass or peat mass or whatever it is right we'll do more uh simple algebra where we're doing more complicated expressions and then we're going to go into solving equations okay and then we'll get into dealing with fractions or we'll deal with fractions and solving equations right so we'll do it that that's basically my promise because you waited so patiently and we didn't you know we only got to the negative numbers in dealing with this parent's exponents multi-device as subtract okay we'll do awesome the rhyme saved my bacon during more than one exam awesome sure exponents and logarithms are different beasts all together uh but they are related right they're basically the same beast but the inverse of each other fun stuff gang let's call the stream thank you for being here thank you for listening to my uh speedy gonzalez rants and uh sort of explanation of what's taking place in the markets right now i think it was important i'll try to cut out this segment and have it up tomorrow on youtube but shoot rumble and i don't think we have enough coins to put it on odyssey yet but um you know when we do we'll share stuff great stream and thank my pleasure on try today's oh i caught the end again uh thanks you show my pleasure dolphin and thank you for popping in for the end anyway mercury versus mercury venus earth mars drupiter stream what saturday urin is not doing believe that one pandemic once thank you chitra for the wonderful stream and thanks to real mc mike for helping me out awesome and thank you mc mike i didn't read the conversation but uh thank you for helping out nicky gang thanks for being here if you want to know what this work is about i'm on patreon patreon.com forward slash chicho chyco if you want to follow this work if you want to support this work patreon is a great way to do so i don't put anything behind paywalls everything is creative commons and everything's layered on mathematics okay so share and share unlike for those of you who've been supporting this work on patreon thank you very much for the support gang it is in large part because of your support that we're able to do this and i appreciate it from the bottom of my heart because i love doing this i love acting as a node and sharing as much information as i can and i'm working my ass off here and uh it's great having the support to do so we are live streaming on twitch twitch.tv forward slash chicho live c-h-y-c-h-o-l-i-v-e if you want to participate in the chat twitch is where you want to be at gang thank you for the subs thank you for the follows thank you for the discussion thank you for the questions thank you for being here and as always mods thank you for taking care of business it is because of your support and what you guys are doing here that we're able to do this as well i do announce these live streams 30 minutes before we go live schedule ones anyway on mines lovk gap partly when it comes online and twitter and we do have a discord page where a lot of people are sharing a lot of information and you can come to our twitch channel anytime you want type an exclamation mark social and you'll see the link to the twitch server as well as the links to these platforms and you can join a twitch discord server and share information and participate in the discussion there for live streams when we don't have any visuals we will be uploading the audios to soundcloud.com forward slash chicho c-h-y-c-h-o-s podcast and those podcasts should be available in your favorite podcasting platform including Spotify on iTunes and we will be uploading this live stream this video to youtube bitchute rumble okay and everything goes on bitchute and rumble and censor tube permitting we will upload as much as we can on censor tube i.e youtube and you can support this work on those platforms by sharing liking subscribing commenting and if you're on youtube there's a handful of people that are supporting this work on youtube by joining youtube membership and there's a button there gang thank you very much for the support on that end as well very much appreciated and it does help us to share as much information as possible gang i hope you have a fantastic day tomorrow evening current events 8 p.m pst my time i believe sunday evening 8 p.m pst we're going to talk about human rights and on monday and tuesday comic book readings in no morning 11 a.m and 10 a.m on monday and tuesday thanks for being here a gang and i'll see you guys tomorrow if you can make it our next four streams if you can make it bye everyone