 I don't know What's up money gigs mr. V here welcome to another video guys so in today's video I want us to talk about ticket symbol arcade t rocket company So last week their IPO went live and I didn't hear a ton of buzz either here on youtube or even online for some reason But um, this is a company that has a wonderful reputation and has been in the market space for years and years And now they finally went public And so I'm surprised that they went public and there wasn't a ton of noise about it So but I just want to cover it if you give my perspective and just see if this is a company that I want to invest in or Or not so but before we get started guys if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button Any notification bell so you don't miss out on new content. So again, like I said, um, this company went public last Week and there was there wasn't a ton of noise About them for some reason. Um, there was like a few articles online talking about it Like this one, you know talking about them being the amazon of the financial services Based on their products and so But again, I didn't see way too many Articles really breaking down This company so, um, I kind of like this one right here So let's take a look here. This one talks about the five things that you need to know. Um, and just kind of went through Explained before you invest, you know What it is. So, um, again, I can put the links in the description below You can definitely go check out these articles talking about it I think uh, one that I like here is that investors shouldn't expect to receive dividends So right off the bat letting you know that this is not a dividend paying stock I I found it a little bit interesting Um, but again, this is this is it. So let's look at what happened when the stock initially went public So if you can see here, um, august 8th, you know, or They are out there opened up at about 21 dollars and some change um, and then they since um hit a high of Uh, $26 and 85 cents and then ever since then it's just been pulling back until um, when I was doing this video They were trading at about $18 and 18 cents. So, um, yeah, it's it's one of those things where It means they come out to get really really hot and then just start pulling back But so a lot of people don't even know about this company or don't even understand the business model But I think it's the company that has a really good history has a good reputation Has been in the market space for a lot of years and they are working To really change the way the market the mortgage process works Um, and so they they're trying to simplify the process So if you are let's say a realtor or even just somebody that says you bought a home, you know that You know applying and getting a mortgage and doing the paperwork and everything is very very tedious And so they are coming in and trying to simplify that process for realtors as well as for just home buyers Which is awesome. And one of the key products that I read about in their filings was um, they call it the rocket logic Rocket logic. It's supposed to really um, digitize the process of Really applying for a loan and get just getting a loan and get all that paperwork out of the way Won't they're trying to make it as easy as possible for you So instead of you going through thousands of pages and stuff, I got they want to simplify that process for you Using the rocket logic. I think that would be really really good for realtors and for home buyers. So um, again, uh, right now the way these things stand, um, I personally Um, I'm not gonna jump in and buy it. Um, because I'm I'm so really really heavy in in I'm really really heavy in in the tech space. So even though this company really looks, uh, nice and enticing I know we didn't go into, um, a lot of their their their finances But so far, uh, I mean some of the finances that I looked at they don't look too bad Um, but again, I can put the link in the description if you want to go check them out I personally I'm not going to be buying is I'm going to watch this from the sideline. I I'm heavy into the tech space, uh, which I understand and and really love better Compared to the finance the financial space. Um, so this is not going to be a buy for me But if you are somebody that's in the financial space and understand and notice Let me know in the comment section. What do you think are you going to buy or you're going to wait and see, uh, This pullback before you can jump in Again, guys, if you're new to the channel talk about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button Any notification bell and youtube tells me that 90 of you guys watching haven't already subscribed So go ahead and hit that subscribe button and as always Stay motivated