 I see ya. What's up, money geeks from ZV here. Welcome to another video guys. So in today's video, we are going to talk about ticket symbol SKLZ skills. So this is a publicly traded company that does e-sport and this is the first of its kind to actually be trading publicly. So we're gonna cover that today's video and see if this is a buy or a hold. The company just recently went through a merger. So they started trading publicly and so that's why I wanted to cover it and see if these opportunities are there for me and you to jump in or maybe just wait for this hype to calm down before we can actually get in. So 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 and the notification bell so you don't miss out on new content. So again, like I said guys, SKLZ is an e-sport platform where people can go out there and play tons of games. And you know, we have developers developing different games that you can actually put on this platform. So I mean, the company has been doing great. And again, if you look at the games that they have, very simple games, not complicated games, just something that can entertain people, keep them busy. And obviously, you know, once you're glued to your phone, your eyes on your phone, that's what they like. They wanna see that because that's how they get advertising. So they're talking about 30 million plus players, 20K plus game developers. That's a lot of developers. And you got about 3.5 million daily tournament and then 60 million monthly prizes. So those are some of the things that you see on your platform and they definitely give those out. And so I think there's a tremendous amount of opportunity here. People like is the games again, some of these, most of the games here are free, but they have what they call in-app sales where people actually sell stuff. You can buy maybe extra power, you know, it's depending on what game you're playing. So again, people spend a lot more time on their phone than they do with other people these days. You're sitting at the airport, you're bored, what do you wanna play? You pick out your phone and maybe whip out a game that's so easy. Look at the game like Candy Crush that, you know, just became this phenomena game that people would just like playing it. They have pool here. So I mean, the opportunities there are tremendous. So I personally think that this game has, this stock has tremendous amount of opportunity. So again, we're talking, they have a lot of features that, you know, definitely gives them an upper hand. So the fact that they organize all these tournaments to get people, not just you playing, but when you have that competitive spirit, you start seeing more and more people spending time on the game. They have loyalty programs where you spend more time. They give you maybe some points and then you have ratings where they do their players rating and matching. They do payments. I mean, they have content discovery. So they, I mean, name it, social media, support everything they have. So I think, again, to me, this is a company that has a huge amount of upside. So if you look at the way things are moving today, so gaming has eclipse movies, music and books. Just think about it. So if you see here, movies are $43 billion. Music is $57 billion. Books are $123 billion. And then gaming, $149 billion. And then mobile is sitting right now at $68 billion. I think about it. So mobile right now is bidding books and movies, which is, I mean, unbelievable. So television is still out there, but mobile is coming because every single person this day has a mobile phone. So that is something that you wanna be aware of. So again, I think that this company has a huge upside, but what I want you to do is just kind of pause a little bit and wait for this hype after a merger like this before you can actually jump in the game more on the demographic. So if you look at the income here, you look at gender, you look at age, everybody is playing this game. It's not just select group of people. You look at the age group, but we see that majority of their players are people in between 46 and 55. You would probably think that, oh no, this is mainly for kids. Oh no, but look at, if you see the age group here, 23%, 46 to 55, 23%, 36 to 45, that is massive. That is the excellent demographic where most people like to spend money. If you look at the different genders that are playing the game, it's almost balanced. 43% male and 53%, 37% female. So definitely a great balance there. So if you look at, again, your business model here, this is something that it's really, really key. So gamers know they win. So you look at here, look at their revenue. So out of the $1.20 that goes out, they make revenue of 16 cents. And we're talking millions and millions of people being involved in this game. So the business model is very straightforward. They don't really have to worry about developing the app. All they have to do is have this platform. So they have developers that are putting their apps out there and they are doing the advertising and the developers are making money and they are making money in return as well. So I think, again, to me, it's a solid business model. Mobile is the way to go. A lot of people are spending so much time on their apps these days. Again, look here, talking about 30,000 developers, a game developers in 2009. And we're talking about in 2020, now there are 10 million game developers. That is unheard of. So the business is working people, spending time on their phone and these guys are getting it. So you can pay to get on interrupted games or if you don't want to, you can actually get free games where you have interruptions, where they sell their apps. Obviously they have to make money somehow. So I think that's a very good way of doing it. Most mobile phones are, that's the way they do it. So my personal take here, this is a company that is just up and coming, in my opinion. As more and more people spend more time on their phone and ad revenue continue to grow, you're going to see companies like this. And I like the business model in the sense that they're not just sitting there and trying to do everything themselves. They've created a platform and they have all these independent contractors, AKA developers, developing the game. So it's a win-win, you bring your game. You don't have to worry about monetizing it. You bring your game. We have a platform where you can just monetize your game from day one. We take our cut, you get your cut and it's a win-win for everybody. So I really like it. But right now, so when we were doing this video, this stock is currently trading at about $21.30. But again, this is just a hype after a merger. So you know how this usually goes. After a merger like this go in public, this stock will definitely get this spike and then pull back. So I'm going to wait for that pull back somewhere around that $19 price point. That's what I'm going to start looking at, picking up some shares here. In the meantime, don't jump on this hype because again, this is overinflated because of the fact that the merger just went through. So a lot of people are trying to make some profit. But if you can just slow down, wait for it, it's going to come back to us and they would jump in and then pick it again, like I said. When you see $19, you start to load up. Again, if it pulls down even more than that, then definitely go in. But this stock, you probably see somewhere between 50 and 60 bucks. Again, you see other gaming platforms that we've looked at here like Roblox and Unity. Those are doing excellent. They're talking about $100 per share for those companies. So a smaller one like this, again, I'm thinking between 50 and 60 bucks, that would be a good target for future investment. But in the meantime, wait for a pullback before you can jump in. So that is my game plan here. Again, this is an excellent company. I think that they have demonstrated that their profitable revenue is excellent and growing. So it's not stagnant. It's still growing and I'm pretty sure they're gonna start doing more and more competition, getting more people involved and advertising even more. Again, as more people spend time on their phone, these games, they like easy games that can keep them entertained, interact with other people. If you think about it with COVID right now, what do people do? You spend time on your phone. If you're trapped in your apartment, you can make friends online and play games, I guess, which is, I think, it's a way to kind of get you, get your mental state back in check as opposed to just being isolated or by yourself. So let me know in the comment section are you buying skills or you're gonna wait? Again, like for me, my approach here is since I didn't pick up shares right from the get go, I'm gonna wait for a pullback. Again, $19 price point, that's what I'm gonna start buying because it's gonna come back. I'm not gonna rush you so I'm gonna wait until it comes back and I'm gonna start loading up and then we'll see what happens from there. Let me, again, let me know in the comment section if you're new to the channel, we'll 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 and your notification bell so you don't miss out on new content. Also, if you're looking to get started investing, guys, we boys doing a promotion right now where if you sign up and deposit $100, you get four free stocks just for doing that. Again, links in the description below. And as always, guys, always do your homework, make sure that you're not a greedy savage and stay motivated.