 Let's do it. We saw many gigs from the video, welcome to another video guys. So in today's video, we're gonna talk about ticket symbol LCA, Lincolnia Holding. So this is a spark or what you would call a blank check company that announced back I think the end of June that they were gonna take Golden Nugget online gaming public. So Golden Nugget is an online gaming platform based in New Jersey and they were gonna merge with Lincolnia Holding to go public. So we did a video here on the channel explaining that we did a analysis of the merger and I'm gonna give you guys my perspective. So if you haven't already, I'm gonna hook up that video here which we did back in July so you can go watch it. I actually see in-depth analysis that we did on the merger. So the merger was actually scheduled to go close by the end of the third quarter but because of some issues and approvers with the New Jersey Commission of our gaming they never get a chance to do it. So they moved that date forward. So fast forward this past week on Wednesday the New Jersey Gaming Commission actually approve that merger. So I'm gonna jump right in here, take a look at the news and just see exactly what's going on. I'm gonna give you guys my perspective going forward with the stock. 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 and any notification bell so you don't miss out on new content. So again, this is what's going on here. So go to Nugget Online wins New Jersey approver for Lincadia Spark marriage. This guy's like I'm saying this is something that was supposed to happen at the end of the third quarter but there were some issues that they actually faced. So it's finally over now the New Jersey Casino Control Commission CCC on Wednesday approved their license as you can see here. This is excellent news. So key things that I want you to first know here after this merger, you would see that currently the stock is gonna be trading under the Spark name or under the blank check name which is Lincadia Holding Ticket Symbol LCA. After the merger, that ticket symbol is gonna change to G-N-O-G. That's gonna be the Golden Nugget Online Gaming ticket symbol after the merger is complete. So after this approver, they didn't give us a specific date as to when the merger is complete but we know for sure that just the fact that they have this approver, this is good news and just during that period the stock actually actually jumped just because of that news. So key things I want you guys to see here and understand about Golden Nugget. Number one is that if you can read here Golden Nugget became profitable back in 2016. So we're not talking about a company that's not profitable and right now operate in the state of New Jersey. So in 2016, they were profitable. 2019, they still show some profit. I don't know their current profit for 2020 but I'm anticipating that because it's an online platform. There's gonna be a chance that you see more and more people getting involved. So who knows, maybe COVID was good to them but this company going public in my opinion it's not just for the state of New Jersey. When I'm looking at this down the road I'm looking more so other states coming into the picture because it was just New Jersey. It's not a big state. They might make some money here and there but if you really want to scale they have to go to other states. More and more states are gonna see the profit and the taxes that they can collect from these online gaming platforms. They're gonna be jealous and they want a piece of that pile. So you're gonna see all states across the country start approving license for these guys to operate in that state. So to me that's what I'm looking down the road. So I'm not just looking at this from the perspective of just one state. So think big, think that. Again, this is just copycat game, right? New Jersey approves and New York is sitting there seeing the revenue that New Jersey is generating from this approver. You're gonna approve in New York so they can generate that revenue. Likewise, you will see other states maybe in the West Coast, California and all these other states was like, hey, why are we not generating this revenue which we could be generating because people in our state are gambling using a platform that only operates in the state of, let's say, New Jersey and they're making money and so they want to also approve their states to go ahead and start making that revenue. So to me, that's the way I'm looking at these particular stocks. So when you go and not just have a narrow mind, think big because this is something that's gonna go big. So that's my approach to it. So when we did this video back in July, this stock was actually trading somewhere about $12 and some change. I'm gonna pull back here in July. So it was around $12 and some change for the low and went up maybe about $14, close to $15 and some change and just kind of stayed around there. If you can see back even in November it pulled down all the way to $11 and some change. And then if you see this spike right here, this is the news that came out on Wednesday. Look at what that news did. It drove the stock from almost $15 to $20. So this is excellent. And I don't think from here it's still, this is still a good entry point. What I'll say is you can start looking at getting in here if you don't own the stock yet. Start looking at getting in here. So if you have, let's say $1,000 to invest in the stock I would say start by small and see if there's any pullback you can add. Again, you can average your weight up or you can average your weight down depending on which way this goes. But right now what's sitting, I don't anticipate that. You're just gonna keep jumping like going up. So this definitely is gonna be a period where this is gonna calm down a little bit, give you an opportunity to maybe get in and again guys, try to dollar cost average your weight into a stock, not just jump all in like you own it. So that's my strategy. Again, you can see here, this is where the stock is currently trading. I'm looking here and Robinhood platform. So my personal take here, most of these companies today are looking to go public and using the Spark or what we call blank check companies because it gives them an upper hand to navigate what the SEC already has and they can easily just start trading without having to file and wait and have people go through their financiers and stuff like that. It's a loophole and they're exploiting it but I think Golden Nugget online gaming has a huge potential. Is it gonna be maybe double price or maybe triple in price tomorrow? No, the value of this is gonna be as more states come into you're gonna have to exercise on patience with this particular stack. So I'm definitely adding more to my position on this and just to see what happens. Again, I'm gonna hold for the long run and wait to see there's gonna be a huge pack if they get the good news again that the merger is complete and you see Golden Nugget start trading under the new ticket symbol, G-N-O-G. And then watch again to see how the growth is gonna expand once they see more and more states are coming in to approve them to operate in your state. That would be a really huge catalyst and to me that's where I'm betting my money that it's gonna expand and grow. So let me know in the comment section what do you think about LCA and this good news? Do you have LCA in your portfolio? If yes, what price point did you buy it? And again, do your homework, do your due diligence, not just listen to some folks on YouTube and think that, oh, I'm just gonna go buy it. Always, always do your research. Just read about the company, make sure that you understand what's going on. Some people don't feel comfortable investing in companies that promote gambling, right? And some people feel comfortable doing it. The stock market is a place where people have a choice to decide what you want to invest your money in. So choose wisely, but always make sure that you do your homework. And as always, guys, 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 the notification bell so you don't miss out on your content. And also, if you're looking to get started with investing, we boys are gonna do a promotion right now where if you sign up and deposit $100, you get four free stocks to get you started. I'll put the links in the description below. They're free stocks, you get free stock, I get a free stock, that's what helped me to continue to put out content like this. And as always, stay motivated.