 and welcome. This is Melissa Armo with the Stock Swoosh and I thought I would review GME. This has been pretty much covered by every news organization for the last week. I've talked about it a few different places myself. One of the reasons this is getting so much coverage is because retail traders have been buying the stock and there was a hedge fund that was shorted. If you didn't know that, now you know. That's one of the reasons it's been getting a lot of coverage and also because the stock has had a tremendous move in a very short period of time. But every single day that the stock is doing action, I'm talking about live action on the day. As you can see here today is Monday, last Friday, Thursday, Wednesday, the stock is trading red. So today we fell. I mean, you know, this is one of the most, that's the word I'm trying to use, this is one of the most institutional money is not controlling the stock. And this is one of the one of the easiest, quickest ways for me to explain it is simply about how the stock is trading on the live day. It is not getting bought. Okay. It is having selling. Okay. And so there are a lot of people that have been buying this that are retail traders and some of them have been trading it and paying the most ridiculous and sane prices I have ever seen. For example, I looked at this last week, it was Friday, close to the money options calls out for the following week for one week were guess what? You never guess $125 for one call, which was basically close to the money. That that's insane. That's insane. I've never paid that for an Amazon for one call on Amazon, which would be actually a good, a good, I would pay that in Amazon if I felt like it. I'd pay probably something that would be through the strike. I mean, it's just ridiculous. So that would have basically cost you $12,500 for one call in this last week at the strike for a week out. I mean, that's crazy. And people are paying it. It's nuts. They think it's going to go to 1,000 and I don't think it's going to happen. It could, but I don't think it's going to happen because why institutions aren't buying this. And I can go on and on and on and why we've been talking about this a little bit in the trading room every single day, but just, just, you know, again, very quickly, you can see here how this is trading on the live day. And I'm not saying a hundred percent, but I'm saying, I wouldn't be surprised if this gets smacked down, smacked down overnight in a gap down one day, just absolutely obliterated by funds that end up coming in then and smashing this and shorting this down and taking out all the retail traders or longness because if a couple of funds wanted to do that, they absolutely could. They absolutely could. Now, why didn't they do it last week to support the position in Melvin Capital? Well, maybe, maybe they wanted Melvin Capital to go out of business. Maybe that, you know, Melvin Capital is a competitor for another fund. Maybe they didn't care and wanted them to go under. But there's an opportunity that could be setting up at some point in this, if a fund wanted to short it, because again, fundamentally, which I don't follow fundamentals, but people are saying this doesn't, a $500 strike price or $300 or $240 or wherever this is trading at any given second does not justify this for this company. So it's very, very interesting. Again, I don't follow fundamentals. I look at institutional money. I look at gaps, but it's very obvious here that institutions are not buying this stock or it would not be falling every single day. Okay. Yes, the price has lifted. It lifted actually in a gap. But if you weren't running in overnight, you didn't get the play through. You didn't get the momentum. As you can see here today, and I'm just going to just quickly show you, we'll show you a 15 minute chart here today. Well, actually, you'll see here today, the stock open today down, gap down today, open at 316.56 and it's fallen. It's fallen. It fell and was 100 points today, low as 212. So this is just, yeah, just a stay away, volatile stock right now with all of the attention it's getting. It was halted pretty much every day last week. I don't know if it was halted today because I didn't really pay attention to it today. It was busy, but it's very, very interesting here. Again, how there is not institutional money coming up and buying this. There's no support here from the institutional money. And it will be very interesting to see here exactly what ends up happening with this stock. My take is that a lot of people are along this stock and have no idea how to trade, no idea what they're doing and are jumping on the bandwagon. And again, it's a free market. You can risk your money and anything you want. But I think it's extremely important to know what you're doing before you trade and to know what you're doing before you risk money in the market. Not everybody agrees with me, but I teach people how to trade. I teach people my strategy. Again, ironically, my strategy is on gaps. This stock has been gapping every day, whether up or down. And I'm telling you right now, this never set up right, never set up right in a bullish gap to go long. And as you can see, if I had, it would have failed because it didn't move right. You can see it. So anyways, have a great day everyone. If you're interested in more information or want to sign up for the Gap Options newsletter, where I call options trades on the newsletter. They're emailed to you. It's an annual subscription. Email me at melissathestockswush.com. Have a great day everyone.