 Wow So money geeks mr. V here welcome to another video guys so in this video I want us to talk about Tickets in board see our C H. This is a torch light So this is a company that we've actually covered here on the channel I told you guys that they are right now in the process of our Merging with meta material, which is a company that produces specialized materials used for different purposes their service Bunch of other industry so I'm not gonna go into the details of what this company does Just gonna give you guys an update as to what is happening with the stock because The last time we I did a video here, which is like, I don't know Maybe a week ago this stock went crazy and then came back again on earth So what happened wouldn't that shut Peter at the time did any of you guys take advantage of it? So that's what we're gonna talk into this video But before we get started guys via new to the channel 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 the notification bell to you don't miss out on new content So guys our TRC H again has been crazy the last couple days Let's take a look here if you can see this thing went from from about six dollars is unchanged Actually, it was down to like four dollars whatever Before I think they're before June 18 and then from June 18 It's squeeze all the way to a high of $11 and some change and then turn around and pull back so everybody's like what is going on Some people if you were in this stock and then you saw that first squeeze that went up to like six dollars took a Little bit of profit and then it kind of just went crazy from there like almost double from that six dollar price point And I kept a lot of you guys reaching out is like hey be careful with this stock if you can secure profit because this thing Is gonna pull back that was not a normal move as we can see it happened Just as we predicted so what drove the price to go up and what drove the price to go back down So if we can see here, let's kind of take a look here if you can see here before June 22nd where we talked about it They had announced that they were gonna raise a hundred million dollars So you can see it in stock offerings and so the market didn't really know punish them for that But then on Monday, they saw how the stock was doing good and then it came back and said Oh, we're gonna raise an additional 150 million dollars on top of the 100 million dollars that they were gonna raise and so the market didn't like that Not one bit and you can see here The stock actually just took up like a punch in the gut on Tuesday Went from that high of $11 and some change and then right now trading at $6 and 52 cents after hours Which is ridiculous. So again for those of you that are holding the stock long-term You're probably sitting there beating yourself like I could have taken profit when he got to $11 or so Well, that's something all of us complain about But again, this is gonna pull back and then re-establish itself because long-term I still like touch like merging with meta material because I think that business model right there is gonna change Touchlight energy. They're gonna go from being kind of like a fossil fuel Company to now being a clean tech company, which I really like so to me that that's our that's a no-brainer But again movements like this if you have or if you have an account that you use for day trading or string trading That's where you make all these rapid moves But if you want you have a permanent account where it's just for buying you continue to buy when you see deep Opportunities you buy and continue to build your position there So that's what I wanted to give you guys this update here again, like I said The reason why torchlight actually collapse completely is because they came out on Monday and announced that they're gonna Do an addition or they're gonna raise an addition a hundred and fifty million dollars on top of the 100 million dollars in stock offering That they had announced last week So the marketing take that lightly the market punish them for that because that's like you I mean I don't blame the company for taking advantage of the stock spiking and I'm making this offering but most people when you see that Investors to see that that they don't they don't appreciate it. So that's why I took that beating So let me know in the comment section what you guys think again, my personal take here is this is a stock that you should hold long term Right now. It's not a time to buy if you're looking to hold long term wait for those dips guys Don't don't push it don't try to chase it just wait It's gonna come back to you formal is gonna try to get the best of you but if you just be patient this thing is gonna come back down to under under Five dollars where you can stop picking up some shares there. That's my personal take here Even as low as two dollars We can still see this thing because the market right now is very choppy and if they don't have any major news Beside the merger that's coming up. I don't think that this thing can squeeze all the way back unless Unless again, we have what just happens in in this Reddit if we can get make it a meme stock, it's gonna go crazy again So those will be the other conditions otherwise wait personally it's gonna come back to you You can buy a whole long term. Let me know the conversation what you guys think if you're new to the channel We took about how to earn money how to save money how to invest and build wealth There's something that interests you go ahead and hit that subscribe button and the notification bell to don't miss out on new content Also, guys, if you're looking to get out with investing We both had their promotion where if you sign up and deposit a hundred dollars You get some free stocks linked in the description and as always guys do your due diligence. Don't be a pretty savage stay motivated You