 Fire in the hole What's up money geeks? Mr. V here. Welcome to another video guys. So into this video We are going to talk about ticket symbol Q s quantum skip. If you guys have been watching you've seen you start go from $131 to not trading under $60 in like a week Crazy movement and a lot of people are already panicking Some people that held the stock when it was up there or some people that bought over a hundred dollars and now Sitting there holding these bags and they don't understand what's going on So in today's video we're going to talk about what happened And then I'm going to give you guys my thing as to what to do next but before we get started guys We're new to the channel. We talk about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on new content. So quantum skip guys again Like I said, this stock has gone from a hundred and thirty one dollars down to trading under $60 And again, there's been a lot of movement But before we actually dive deep as to what happened I want to give you guys a little bit of background with a company like quantum escape So quantum escape is a company that is currently working on a technology called a solid state battery That is supposed to come in and make electric vehicles better So the new batteries that they use in electric vehicles today is a lithium ion battery Quantum escape wants to come in and build a solid state batteries Which is good for five main reason the first one is that it charges faster than the current batteries that we have in the market The second one is that you can store charge the charge density is it's higher than what we have in the current lithium ion Battery, it's safer than what we have in the current lithium ion battery And and above all it's cheaper than what we currently have in the market today We lithium ion batteries. So when these guys came out and put out all these things, I mean like to their EV market That's pretty good. That's good news. So the stock went public Through a merger with Kissington acquisition, which is like a spark So they start went from ten dollars when Kissington acquisition actually announced we're gonna acquire Quantum escape it went from ten dollars and wrote all the way to a hundred and thirty one Dollars after the merger which is crazy and again, this is what I want you to understand here Quantum escape is still a concept. They don't have a working product out there in the marketplace They haven't tested their battery concept yet in cars They have a partnership with Volkswagen until I see one of their batteries actually being tested in an actual Volkswagen This is still a concept. It's a good concept, but until proven Workable or usable you should actually own this company with caution That said I'm bullish on it because I I see the technology I see it that this is a potential But you have to be smart with the way you go about investing in spark like this or in startups like this startups like this have gone through the process of Really not going through scrutiny when they do an IPO so they go through sparks So they can actually go into the market and get these crazy Valuations that are I mean like just incomprehensible. So if you think about it I want point quantum escape was more valuable than fourth or of yet I mean we're talking about established companies and a startup like is that has no product Just because of the way the market was reacting to the concept of their business So again my strategy has always been that will you invest in sparks like this? When you put in money, you make some money always try as much as possible to take out your initial investment in Some profit and then let the rest ride So if you put in five thousand dollars, it goes from five to ten fifteen There's no need for you to hang on to all that money again with sparks I guess because this is you can go like we've seen a quantum escape here You can go from from ten to a hundred and thirty and back to fifty in less than no time So when you see that kind of movement you take out your initial investment and even secure some profit So you can use that to invest in more stable companies, but allow a little bit in there to keep growing So that's what I've always done and that's what I keep telling you guys here So those of you guys that are currently holding the back on quantum escape You have one or two options each year You can cut your losses and and wait to buy back low or if it's long term Just let it sit in there and don't even touch you don't look at it because each time we look at it You're gonna get this really bad feeling in your stomach. So don't even look at it Just let it ride forever. So that's the one of the things I wanted to show you guys But now let's jump over to what actually happened to quantum escape Why did this talk actually drop the way it did so that's what I want to cover But I don't want to just say these based on me I want to show you guys what the CEO of quantum escape actually put out there because I mean It's better when we hear from the CEO as opposed to any of the speculation that we it's out there So again, here is information from the CEO So if you see this note to investors regarding our recent registration statement on form s1 So published January 5th. So I want you guys to actually see this. So again Here is the actual information from the CEO. This is what I want you to focus on right here They did not offer any new shares because the market was interpreting The fact that they had found an s1 that they probably offering new shares And when you offer a new shares like that, it dilutes the price of the shares and the price drops So they say like hey, we didn't do that the market was Reacting as if we offered people issued new shares, which we didn't do it So he wanted to clarify that so people are aware of so if you own this stock again guys These they did not offer any new share So the amount of shares that were current out there are still the same amount of shares The only changes here is that you have over 300 million shares And of which 60 million of those are now being able to trade without any restrictions And again, the over 300 million shares that we're talking about here are ones that were actually Issued to or bought by pipe investors and for those of you that don't quite understand what that is So pipe investors are private investments in a public entity So you have big institution institutional investors that bought shares of quantum escape So now that they did this s1 that they file is now just saying that hey This guy's can start reselling again the reselling here is 60 Millions of these shares can be sold without any restriction So again, that's something that you want to be aware of and then the other balance of it You have to wait until and this is the this is the important data that again another thing I want you guys to see here This is the May 24th 2021 that's when the other 300 shares could they could start trading those without the restriction But there's some other nuances in data you can actually read so this is the reason why quantum escape has dropped And now so the question is what should you do as an investor if you didn't have a position in quantum escape to me This is excellent. You can start right here But we know very well that the this stock doesn't have any specific catalysts If you can think about it the only catalyst that this target will have again would be that they actually Test their their technology in an actual vehicle because otherwise what's gonna what's gonna push up the price of the stock I don't really see anything beside them showing that hey We made some progress put out a new test put out some new test data to show people that they actually they're making Progress so that would be the catalyst out push the price of the stock So again, if you think about it on this day when these part of the 300 shares can be Resell or traded by the institutional investors I'm much I mean the price of the stock is gonna pull back again Before this happened So you expect that date if you if you don't have it yet put it on your calendar If you're on the stock because this is gonna happen and for most people what you do is you sell up They wait for these news to come out and then the stock pulls back down Then you buy down and write it back up So that's something that you you want to be aware of My personal take here is I get I like quantum escape as a company. I like the what they're building The thing that I want you to be aware of again guys the risk that comes with investing in companies like this is this company has No working product. They have a concept that's being tested and until this concept is actually implemented And we can see it in in working We should be very very careful with investing in this company But again, if you choose to invest in the company Assume the risk that comes with it and so be very very respected Don't make this a huge part of your portfolio And then the last thing I want to mention again for some of you guys out there Don't be a chaser because chaser's are people that see a stock Gapping and going up and it was like all the fear of missing out gets to them and they want to change that stock So you see somebody that but the stock are like 125 because they saw it just kept going up They said oh if I don't get it now, it's never gonna come back. That's a mistake So when you see a stock gaping like that at that point the stock is over But you pump the brakes and wait it would come back to you and you get I've done videos here I told you guys like I think it was AI that I missed out on it's like C3 AI I missed out on I'm sorry I'm not gonna chase this time I'm gonna wait for it and so far it's been pulling back and it's still not back to My satisfactory zone where I can buy so I'm still waiting for it to come back to me So stop chasing and wait for the stocks to come back to you There's always after mergers like this You would see the price of a stock would gap like crazy and then you see at some point There's gonna be a correction. It's gonna pull back down and that's where you can get in So I want you to be that smart of an investor and not just chase stocks because you see it going up again If you see in that of a bot territory, it's time for you to wait. Don't even don't even think about it Focus on something else and wait when it comes back down and then you can actually buy put to put alert on On your your your phone or something and say hey, you know If this price of this stock ever gets down to say 50 $60, let me know so I can jump in and buy some shares So that would be the approach that I want you guys to to really take home here. So that is my take here Right now the stock is currently trading at about so let's bring this up here I wanted to make sure you guys say the stock is right now trading at $56 in 55 cents if you can see the stock actually went down to about see look at that to about 47 dollars Pre-market which is crazy and then since then it's squeezed back up to 57 and then pull back down is right now between that 50 and 60 dollar range Again at this point to me personally if you are studying out with this It's not a bad place to pick up some positions But don't go all in and I always stretch about is that don't go all in start picking up a position So if you want to buy 100 shares Your best bet would be start with 20 and then if it if it pulls back down you buy some more if it pulls down You buy some more and just keep building that position So that would be my personal take but within this range It's kind of right where the stock started to take off. So if we go back three months here This so this is this is November. This is pre merger and then See the stock went up the way to like 40 47 and then so merger took place and the stock just got going So this day the afternoon if you look at it very well, the sweet spot for this stock would be somewhere around that $40 price point. I think that's where the stock is pregnant and sit for a little bit You you can call that support before making any moves But again, remember we talked about this date in May May 24th, which is when the the company or people are going to be allowed or pipe investors are going to be allowed To start selling the shares that they own during that merger So you should be again aware of that. So I know that a lot of you guys are probably holding Quantum escape you bought at a hundred dollars over a hundred dollars summer 80 90 Again, if you are planning long term, you just put it there It's gonna be red for for a while for you But don't don't panic if your long term don't panic. Just let that sit there and go So if you're somebody that is constantly checking on your your position and quantum escape, yeah, you're not gonna like it So be be aware of that I might again to me my strategy has always been go in make profit take out your initial investment If in some profit and then get out that's worked for me And I hope that you guys are pretty much doing the same and I do that specifically with all these sparks Then I can take that money invested in more stable Companies that I think Has a product that's out there like tesla. So that's my strategy. Let me know in the comment section What you guys think about is um, did you get caught with your hand? In the fire with this particular one if yes, what's your exit strategy? Or are you holding for the long term again? Let's get the conversation going in the comment section if you're new to the channel guys We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button And any notification bell to you don't miss out on new content And also if you are looking to get started with investing guys We both still doing their promotion right now where if you sign up and deposit a hundred dollars you get four free stock That's going to go until the end. I think mid january january 14 or 15 So they still have that promotion going up. So definitely take advantage of that Links in the description and as always guys, don't be a greedy savage and stay motivated