 Boom. What's up, money geeks, Mr. V here. Welcome to another video, guys. So into this video, we are going to talk about ticket symbol AFRM Affirm. Again, I've covered this stock here on the channel and I've had some mixed feelings about it and it just looks like this stock is something that we have to keep talking about it and I'm changing my position as far as this stock goes. So that's what we're gonna cover and into this video, the stock skyrocketed so we're gonna cover why the stock is moving to the upside as well. But before we get started, guys, we are 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 when it comes to our firm, guys, again, this is a stock that I have covered here on the channel. I've given you guys updates and when everything happened with the stock, I make sure that we cover it here on the channel. I have actually day traded the stock a lot more and I don't own the stock yet but now I'm starting to change my position as far as where the stock is going because of the coverage and when I look at their earnings report and they know their guidance for the next quarter. So it kind of got me interested in the stock but before we actually jump into those details, guys, again, if you don't know what a firm is, a firm is a company that does the buy now, pay later service. Kind of like a competitor to credit cards but a more affordable rate. So if you go online, you're shopping, you get to your checkout, you see something like four payments of let's say $50 a month, whatever. Those are the kind of companies that do what a firm does. So they would kind of give you the option to pay later, make installments and stuff like that. So most recently they announced that they have a partnership with Amazon which kind of pushed the price of the stock up and then beginning your earnings came out, it just went crazy. So if we kind of take a look at a firm here, let's just take a look at the actual stock right now. As we are talking, a firm is up 34% for the day which is insane if you look at the number here. So a firm open this morning, deep down to like 106 and then just skyrocketed all the way now sitting at 123 approaching 124 which is insane. So you're probably asking yourself why? So let's go back here again and see. So this is why because they actually announced a 71% revenue growth which is crazy and then the guidance for next quarter is even stronger. So couple that with your partnership with Amazon, this is gonna be something that we need to keep an eye on because this is before that partnership with Amazon. They have a 71% growth. Imagine partnering with Amazon, which a lot of people, I mean, like I don't know anybody that doesn't shop on Amazon. Imagine that now I'm anticipating that things are gonna get even better. So Jim Cramer actually made a really good comment here where he says that, you know, as far as the payment system and stuff like that, a firm and PayPal, they're gonna be colliding. And so if we look at PayPal, this is where PayPal is currently trading right now, 287%, per se. So if we just go here a month ago, you look at PayPal, it's gonna as high as almost 295%. So I'm anticipating that a firm is headed in that direction and here is where a firm just came from. So we go back a month. A firm had some really bad news. First, Apple said they were gonna do their own pay now, buy now, pay later service, a firm dropped. And then Apple came back and said, oh, we're gonna partner with a firm, but in Canada, a firm squeezed a little bit. And so the stock has just been up and down. So this is just the last month for a firm. As you can see here, this stock actually went as low as $63, which is crazy. And then just look at that. This is like monster move, 63 straight to 99, pulled back a little bit and then squeezed now to 123. And I think this thing is gonna keep going up because of that. So if you guys remember, I said I'm not a big fan of buying now, pay later, as far as, because that's kind of like you getting in debt. But from an investment standpoint, a firm has, I'm changing my position on a firm. I'm gonna start looking at this one critically. I'm gonna start buying the dips on a firm. And to be honest, guys, I missed the vote on this one. Because this down here, this would have been a good spot to buy and hold, but I bought down here and swing it. And now I'm looking and say, hey, if I see any opportunities again, I'm gonna start buying and holding this one because if they are competing with PayPal and then the partnership with Amazon, this thing can easily get to $200 by the end of the year, which is insane. So I'm gonna load up on a firm as soon as I see any opportunity, any pullback, I'm gonna start loading up. Again, I'm looking for something under a hundred bucks. If I see anything under a hundred bucks then I'm gonna start loading up because this is getting very, very interesting. Again, the reason why the stock is skyrocketing is because they're beat their earnings crazy. Look at their earnings reports. The revenue went up 71%. And then their guidance for next quarter is just unbelievable. So that is pushing the price of the stock up, which is insane to me. And again, you see people like Cramer coming out and talking about a firm and giving them that thumbs up. This is a collision course for a firm and PayPal. So if you know PayPal, PayPal is a big name in the game. So to put a firm in that same category, I think is incredible. So again, I'm changing my position here. I'm gonna start looking at buying the dips on this one and holding long term. I might not get a big position but at least I wanna hold some long term because this is looking more and more like the firm is here to stay. So again, that is my take. So for this of you again, that don't quite know what a firm does. It's a buy now, pay later services. And your fees are very reasonable and maybe a lot cheaper than your typical credit card interest rate that you would get. So that's why a lot of people tend to use services like this than they would do credit card. So again, guys, I like I said, I'm changing my position on a firm right now. I'm thinking that a firm is establishing itself as a strong name in the space of online payment, especially for buy now, pay later. So this is becoming something that I need to stop buying the dips on this stock and holding it because if they continue at the rate they're going right now with this partnership with Amazon, I see this thing hitting $200 by the end of the year, which is to me is not gonna be shocking because third quarter rolls around and they put up some incredible numbers. This thing can jump another 30%. So we're talking about 160, 170. By the time fourth quarter comes around it's sitting at $200. So and I don't wanna miss that. So again, I'm gonna start looking for opportunities to buy the dip. I'm really beating myself up now because I had the opportunity, I didn't take it. Guys, I can't win them all or neither, you guys, nobody can win it all, right? So I just have to understand, see what's happening, make my adjustment and go with the flow. So now I think I'm gonna be very critical. It is not just day trading but I'm gonna look at buying and holding long term. So let me know in the comment section. For those of you guys that are holding a firm long term, comment below, let me know at what price point did you get into a firm and could those to you guys for holding tight onto this one 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 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. Also guys, if you're looking to get started with investing, Weibo has some incredible promotions right now where you can win a full share of Apple stock which is about 150 something bucks or you just sign up deposit, $5, you get three free stocks at no cost to you. If you sign up again and start using that crypto, they give you $5 worth of Bitcoin at no cost to you. So they have a tremendous amount of opportunities going on. So sign up, I'll have the links in the description below. And as always guys, do you do diligence, don't be greedy savage, stay motivated.