 Boom It's all money geeks was a video welcome to another video guys. So into this video We are going to talk about tickets above the IH VPC impact acquisition. So this is a stock that has been going Crazy people have been talking about it. So I want to make sure that we cover the stock here on the channel But before we get started guys, we are 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 So you don't miss out on new content. So when it comes to VIH or VPC impact acquisition guys This is one that I'm gonna give you guys a disclaimer straight up front This is one that it's being talked a lot about on social media already Again, if you go on like stuck tweeting all these other places people are talking about it and pushing the stock even here on YouTube This is on people talking about it. So again, this is one that I'm gonna very I'm gonna be very very honest with you guys is very speculative There is a potential of a short squeeze and the reason is that potential is just because a lot of people are talking about it So, you know how that goes, right? When one person start talking about it to people three people social media YouTube next thing you know people jump in on the action and squeeze this thing again The reason why I think they're looking at the short squeeze here is because the stock is highly shorted So they know for sure that once the Reddit army stop pushing the stock stop pushing the price The shorts are gonna cover their their positions and by doing so, they'll be buying the stock at a higher price Which in turns pushes the price of the stock way up So that's something that I want to make sure that you guys, you know Keep that in mind because again, this is one that is no major news out there about this particular stock It's just the fact that a lot of people are talking about it and then you see the squeeze will come into play again This is a spark VPC impact acquisition that is in the process of taking back the spelled be a KKT Public so this is again Cryptocurrency asset management firm or company that was created and so they're merging with The VPC impact acquisition to take them public So again, if you don't know about go read about the company This is one day, you know, I'm trying to push this make sure you guys understand this one is a very risky one There's a possibility here to make some money as well as is a huge possibility that you can lose money Off of this. So in my personal opinion, what I see here my game plan would be I'm gonna buy this But I'm gonna put a really tight stop loss So I'm willing to lose let's say three to five hundred bucks in return I'll be willing to make between five and ten grand. So if it squeezes that would be it But if you start pulling back, I'll cut my losses so that I don't lose a ton of money So that's how I'm gonna play this one. So let's kind of take a look here What is stuck has been so if we go back here, just so this is one day. This is the five days So notice that this thing was sitting somewhere between just on the $10 By the end of August and it doesn't squeeze up. So if you see here, it's it's up almost 12% That's about a dollar 20 so if you see it's been squeezing up in the right direction and a lot of people again are talking about you So if you go back here six months this stuck back in April of 2021 got to a high of 15 bucks Before pulling back now so you can see here It's time to curl back up and so the whole idea here or what I am reading and watching online and seeing people talk About is the fact that the anticipation is to squeeze this thing And so you don't want to be missing in on the action So my personal take guys, this is not one that I'm saying this is our buy and hold long term I'm just saying there's a possibility here to make some money. So again Go in this trade very smart Just minimize your losses So if you go in if it's gonna shut squeeze like everybody's talking about then you have the possibility of putting in a hundred bucks or 200 bucks. I'm making a lot of money at the same time If you put in a hundred bucks You're only willing to lose 10 and it's if you pulls back to that 10 cut that losses Don't let it pass your stop loss. Make sure it triggers your stop laws in that way You minimize your losses. So that's how I'm gonna play this one again It's looking like it's gonna be the stock that people are gonna be talking a lot about this week So keep your eye out for VPC impact acquisitions because again, like I said, if you hear people already talking about it again on the Wall Street Ready group so that if you if you guys remember back when GameStop and AMC went crazy. It was because of that Wall Street bed group that I started talking about it So besides talking about it to keep your eye Watch it and look for a good entry point. So right now at let's say $11 and 16 cents Again, I might wait to get it at 11 or even if he pulls back a little bit But you know how the market works with with stocks like this. You can see is that gapping? So I'm gonna put some order and then maybe average my way But my whole idea here if I can get this thing on the $11 that would be Really really sweet. So again stock stock tweet people are talking about it and it's out there already guys So just to give you guys some recap here. This particular company is a crypto currency asset management company so People are but thinking that this merger is gonna go through which is which is nice But at the same time people are looking to shut squeeze their Spark that's taken in public, which is that vi age that we're talking about here So definitely do some research about the company bark be a KKT and just see what they do and Again, if you don't feel comfortable guys, this is not one that I would say buy and just hold With your fingers crossed. But if you feel comfortable, you know how to use your risk management In your trading account and then buy it set your risk management put your stop loss And make sure that it's dead just in case if this thing starts to pull back Then you know for sure you are protected that way You don't find yourself holding a bunch of junk that you don't really care about so again I'm not saying this is a junk stock, but I'm saying For me right now the fact that they're talking about it It's an opportunity you can get in and make some money or you can go And not make any money, but make sure that you get out as soon as possible if it's not going in your direction So definitely keep an eye out on this one. So this is a stock that I'm going to be trading I don't anticipate buying this one and holding in the long term if I see an opportunity that I can make money I want to share that with you guys, but at the same time I want to encourage you to make sure that you have an exit strategy for Tricks that don't go your way even if a treat goes your way still have an exit strategy because I've seen people Say, oh my goodness. I'm up to grand and next thing you know, they tell him's like, oh Not only have a hundred bucks. Why because they were really savages. You're up to grand You're not thinking about securing that to grant you're thinking about you want to be up for grand And the market is a very very dirty place like you get in there If you don't know what you're doing you it would act as if you're making money, but it's gonna take money away from you So be smart And then if you go in a trade don't cross your fingers. I hope that it's gonna bounce back Put a stop loss if you're trading again, this is not investing if you're trading As soon as it hits your stop loss guys, don't try to move your stop loss Cut those losses as soon as possible Give you regroup and then give yourself time to get back in again and and play the trade But if you let it pull back all the way and then you're sitting there crossing your fingers like oh bounce back That's not a good strategy. So that's what I'm gonna be doing with via issues week I'm gonna buy it and put a stop loss and hope that if this short squeeze comes Hey, I'm in for the money if it kicks me out. It kicks me out. No In in this case, so let me know in the comment section what you guys think about the IH Are you if you've been reading stuff about it? If you heard about it or you seem like hey, this is not my kind of stock I'm not gonna treat this one is way too risky again, which is totally fine Again, let me know that in the comment section if you're new to the channel Would you go 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 any notification bell So don't miss out on your content also guys if you're looking to get set with investing We both still has the promotion where if you sign up and deposit five bucks You get free stocks and also the cryptocurrency you can start using that trading Shebar on on we both too. So again, I put the links in the description if you sign up You get five bucks just for trading she bar on the platform So again, try take advantage of that and as always guys, do you do diligence? Don't make you the savage Steal more