 All right, what's up guys? So two topics I want to talk about today. I want to talk about the stimulus check stuff and I want to talk about ACY short squeeze. So first things first, I want to talk about our holiday Christmas sale that we're still running. So if you go to myvestonclub.com slash xmas, you can get your first month of MIC for a half off. This is kind of our last promotion before we raise our prices in January. So we're gonna be raising our prices for everything in January. And when it comes to lifetime, we are gonna have a new application process where I'm going to manually review it and kind of have a little bit of an interview with someone before they join lifetime. So now instead of kind of just handing it out, we want to kind of limit it, tear it out and kind of do a little bit more limited and the exclusive stuff on it. So yeah, myinvestonclub.com slash xmas or text Tosh at 213-458-5997. So stimulus check, so let's talk about this guys. So if you guys saw the news over the weekend, there was a stimulus check of like $600 and then Trump said he wanted to do it for $2,000 and then long story short, I think he just signed it for the $600 one, right? So the way it works is every single American gets, well, if you fit the criteria, you get $600 in a stimulus check and most of the other money goes foreign, big business, this and that. I don't really know about this. I don't really want to comment on that stuff. That's way above my pay grade. But to me, it seems like a disgrace where it seems like pretty much bullshit that $600 is what you're getting for all of these businesses being shut down. A lot of people are losing their jobs. A lot of people are not able to feed their families and in America $600 can't even get you through a week. So I don't know what the hell's going on in our government. I don't know what these guys are thinking. I think these politicians are the most corrupt people in the world. I think they are the biggest criminals in the world. And if you're just giving Americans $600 to shut up, I'd rather you give Americans no money but you allow us to open our businesses. As a business owner, if I had a retail store or some type of store, I would keep it open until they put me in jail, man, because that means that I'm not having enough money to feed my family. I'm not gonna have enough money to feed my kids. And $600 is, you wipe your ass with it. It's groceries for a week if you're lucky, right? So I think it's a big, big, big disgrace that this is what's happening in our country right now and it's very upsetting. But other than that, what happened last time with the stimulus check was every single motherfucker put it into the stock market, right? So last time we had the stimulus checks of $1,200 guys, right? And that was when the market was kind of going straight down because of coronavirus. There was a lot of quantitative easing on the Fed, the Fed coming in and buying up stocks. This and that coupled with all these, all this money coming in with the stimulus checks and last time, every single person when they got these stimulus checks, they opened up a Robinhood account and they started buying and buying and buying and buying. And although it's not $1,200 again, $600 is half that. And I saw something on Twitter that said there's 15 million Robinhood users with an average account size of $600. If all of those users get stimulus checks and put it into the market, it's $9 billion worth of new buying power coming into the market. And remember, the market is all about supply and demand. If there is demand for these stocks, they will continue to go up and up and up. You have stocks like Zoom that went from fucking 30 bucks to $600 based off demand, right? There was so much demand. And with these stimulus checks coming in now, I anticipate that as soon as the first checks start going in, we're gonna see another parabolic style move in the market, right? And this is me kind of anticipating by using prior history to kind of help predict the future with this stuff. So the stimulus check stuff, guys, I think is gonna be a very, very big pro for the market. I think speculation as an all-time high in this market right now, people are just buying shit and buying shit and buying shit. They don't really care about it. And now you have this new inflow of dumb money, $600 dumb money, uneducated money. When I say uneducated money, I mean people that have not studied the markets, people that are treating the markets as gambling and the more money that flows into the market, you know, the more educated people like us have the ability to take advantage of that. When the stimulus checks were first happening, guys, if you guys remember, we had so many crazy, crazy runners in the small cap world because people were just gambling and gambling and gambling. And I remember that the month that the stimulus checks came out was one of my highest profit months in the market because that was when there was the most amount of dumb money entering the market. The stock market is very simple, guys. If you just kind of go to the root of it, it is educated money taking money from dumb money, right? It is educated people taking the money from dumb people and putting it into their pockets, right? So if we have this inflow of stimulus checks coming in, I mean, if I had a stimulus check, I wouldn't put it in the bank, right? I'll put it into the market because the market just keeps returning and returning and returning. Yes, we might be in some sort of bubble. Yes, we might be in some sort of crazy internet style tech boom, but a lot of people from what I'm hearing or what I'm seeing is this coronavirus rally, this coronavirus market, might be even bigger than the tech bubble, right? So we had the tech bubble and yeah, that was crazy, but what if this is going to surpass that? What if this is going to be bigger than the tech bubble? What if this is going to be the thing that they write history books about, the coronavirus bubble or whatever the, I don't know what you want to call it, stimulus bubble, whatever, but to me in my eyes, it does not seem like the market is going down anytime soon in the short term, especially because most of the market guys, 50% of the market is Amazon, Apple, Facebook, Netflix and Tesla, right? Five stocks are half of the market and if these tech companies continue to make money, it'll cause an effect to push the overall markets higher. So stimulus check is pretty much bullshit for the average American, but when it comes to the average American investing it into the stock market, I think it is a huge, huge pro. I think the stocks are going to continue to go higher. I think that dumb money is going to continue to pour in and that just gives us educated money more of an edge, right? So that was number one. Let's talk about ACY guys. So ACY, if you look at the stock guys, closed on Thursday at like $2.38 or $2.50 and as I am filming this right now, it is at $38 and let's talk about how that happens and how to make money on these setups and how to avoid these setups overall, right? So we are in a market guys where there's a lot of algorithmic trading that is driving the market. There is a lot of dumb money driving this market and on a stock like ACY, you have the number one thing that you do before you even look at this stock guys is you look at the float of the stock, right? So the float determines how many shares are there in the market to be traded, right? So for example, anything that has a float of, I would say less than 5 million is considered a low float. Anything that has a float of less than 2 million I would consider a nano float. For me personally guys, there's a rule that I like to follow and a rule that sometimes is very tough to follow is if a stock has a float of less than 1.5 million or less than 2 million shares, you are now allowed to short it, right? That's number one. Number two is if Bao can buy the company himself, you don't short it. So what happened on ACY guys is the float was 1 million shares, right? 1 million shares and I guarantee someone bought the float, right? Someone bought the float, let's say it was trading at $6 a share, someone bought the float for $6 million, right? Bao made that in one year trading these OTC stocks, right? So you have someone that's buying the entire float at $6 and just pumping and pumping and pumping and pumping and pumping and pumping and pumping it up until they kind of call shorts to domino over themselves and then when they dump it, they're not gonna be nowhere to be found again, right? So these stocks guys, the way what ends up happening is they end up halting up and because you are stuck because there's not enough liquidity to exit the stock holds up again. So if you notice what was happening on ACY, it went from 10 to 14, right? And then just went $4 a share from there to 18, you can't get out. And then it went to 25, you can't get out. And then it went to 30, you can't get out. Then it went to 35, you can't get out. Now it's at 38, you can't get out. So all of a sudden 15 minutes ago, the stock went from being at $11 to $38. So not only did you blow up, but you blew up, now you owe your broker money. And after you owe your broker money, you're still not able to exit because there's not enough liquidity for you to exit guys. So this is kind of like a domino effect. It's a domino effect that's happening, right? And on stocks like this guys, we mentioned in MIC this morning that ACY is a nail and bail only because of the low flow. If anything, if anything, I should have done a better job telling everyone to avoid it completely. But I was, it was impossible, impossible to anticipate this type of move guys. It's impossible. Anyone that tells you they predicted this shit because this is impossible. This is what we call a black swan setup. It is an anomaly, but in 2020, we've had the most amount of anomalies in history of the stock market. And that's why I am not, that's why I'm convinced that this whole bubble might be another anomaly, bigger than the tech bubble as well, right? So how do you profit on stocks like ACY or how do you avoid them? Number one is again, if the float has less than 2 million, you have to take it off your screens. I mentioned to every single person in the room that I love junk food. I love sweets. I love candy. And if I have candy at my house, I'll just find a way to finish it all until my stomach hurts and I'll regret it in the morning. So these days, what I do is I don't even keep it in the house so that I am not tempted. Same thing with the dangerous stock guys. To be able to avoid it, you need to take it off your screens. If you have, if you don't have the willpower to avoid it yourself like me, I have no willpower to avoid it myself. So I need to take it out of these situations guys. So number one, stock has a flow of less than 2 million. You must take it off your screens if you are a short seller. Number two, if the stock has a float of less than 2 million, you should probably look to go along that stock, right? So use these things as signals. Use these things as indicators. Nano float, low float, this float, that float. It has a high probability of squeezing, right? Because the float, float is low, which means that there's low supply and high demand. So if there's high demand and low supply, you're gonna get a skyrocket move like this guys. So again, I guarantee there's a lot of people that blew up today. I guarantee that there's a lot of people that lost all their money today. It is almost impossible. Actually it is impossible to survive short on this stock today if you short it anywhere today. You could short at five, 10, 15, 20, 25, 30, 35. You still would have been dead because right now it's at $38. And it might go to 50, it might go to 100, or it might go to two. The point is guys that these stocks are way too difficult. You need to protect yourself. And number one thing to protect yourself is hard stops guys. So again, risk management is the only thing that will keep you alive in this market. So let me tell you some forms of risk management that I use personally that maybe you guys could kind of take and add to your process as well. Number one form of risk management is a max size at the broker level. So go to your broker and tell them that you want a 1,000 share max size. That means that you could not add to any position over 1,000 shares max size. Number two is max loss at the broker level. Go to your broker and tell them I don't want to lose more than $2,000 a day. If I lose $2,000 a day you cut my account off because usually what happens is we start revenge trading. We lose 2,000, we get pissed, we're down 4,000. We're down 4,000, we get pissed, we go down 8,000. And then when we're down 8,000 we say shit, if I just stopped at 2,000 I would have made this back tomorrow. So max size at the broker level, max loss at the broker level. And what I also do guys is I like to wire out, right? I like to wire out. So that means that God forbid. So in the past guys I used to trade with a $100,000 account. I used to trade with a $500,000 account. I used to trade with a million dollar account. And back then I didn't know. I thought all the big guys, the only way that they were successful is if they traded with a large account. And what I learned from my trading personally guys is it doesn't take much money to make money in this market. So I trade with a $35,000 account and every time I get to $50,000 I wire out $15,000 to give myself a paycheck. This paycheck allows me to have some money in the bank in case I screw up. This paycheck allows me to be more confident in my trading setups. And number two is if my account is only $35,000 I could only afford to lose $10,000 before my account goes under PDT. If my account goes under PDT I cannot trade. So having a smaller account size is a form of risk management as well. Cause if I was trading with a million dollar account I guarantee, oh, I'm down 100,000. No big deal. I got 900K left. Oh, I'm down 500,000. No big deal. I got a 500,000 left. But if I'm trading with a $35,000 account shit, I'm down 10,000, I'm fucked, I'm fucked. So that's it guys. I wanna make sure that you guys today after ACY you go to your broker you set a max loss at the broker level. You set a max size at the broker level and you start to wire out your profits and keep your account size small enough to let you wiggle. In this day and age guys with a $30,000 account they gave you four times leverage. So you have 120K in buying power which is more than enough for these small cap stocks that we're playing. Just to give you guys heads up on like a $5 stock I use maybe 5,000 shares which is what $25,000 it's not even my entire equity and that's max size. So it doesn't don't be fooled to have million dollar accounts, don't be fooled to have six bigger accounts less is more because it'll protect you. So that's basically the topics I wanna talk about. So I wanted to open up to a brief Q&A for about two or three more minutes until we guess, until this ACY on halts and that's it. So do you guys have any questions for me? Is everything clear guys? So if everything I'm saying makes sense leave a like on the video. If you guys have any questions let's talk right now and if you guys are watching the replay of this video leave a comment with your question I'll try to get to it. But for now we're gonna take these live questions right now guys. Yeah protect yourself at all times guys exactly. So appreciate the video. Thanks guys. So I mean that's basically I wanna show you guys that if you are in MIC that you're getting all this commentary. If you are in MIC you get all of our plans. If you guys are in MIC you get all these warnings. Oftentimes it's actually funny because me and Bao joke around that we say whenever we warn a stock if we just had a separate account to go along these stocks that we warned about we're probably making so much more money guys. And I've been trading for almost seven years now guys which is kind of crazy to say. And I'm still learning. I'm still improving. The way that I relate trading is to exercise guys. So I just recently started exercising in my life and the reason why I never found success exercising is because I would do it for a month and I wouldn't see results and I would stop. And then I would do it for three months and I wouldn't see results and I would stop. And that would discourage me out of making me upset. And now what I told myself this year is I wanna give myself one year of exercising. I wanna give myself a real clear shot of one year that I'm not focusing on the results. I'm just focusing on showing up to the gym and after six months of showing up I now am finally seeing results and that makes me happy. So if you're starting your trading journey and you're not seeing results in one month, you're not seeing results in two months, you're not seeing results in three months, let me remind you that you cannot build muscle in one month. Let me remind you that you cannot be a doctor in one month. Let me remind you that you cannot be a lawyer in one month guys. So my biggest problem was patience and now I'm learning to be a little bit more patient in my life in a whole other aspect. So that's basically it guys. If you have any questions, let me know. Please leave a like on the video. Please leave a comment on the video. I am personally the person that responds to every single comment on the video and I will see you guys back in the room at MIC. So thank you again. Have a good day everyone.