Why $GME? Jackie's Story — Jackie Le' Tits — Video Wiki
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Full transcript (3,102 words) — every glorious word
0:01so I never did Finance was never in the finance World in fact despised it and then uh in like probably August of 2020 uh I started kind of like [ __ ] posting on Wall Street bets and like you know I saw the GameStop stuff and then like I didn't even have a trading account or anything but then you know ended up picking up uh some shares in October of 2020 and that was like when we had like when I met my wife and all this kind of stuff and we started dating and whatnot sorry not what's important in this instance my wife I love you just so you know so when Gamestop started popping off right the whole thing behind this was that like you know everybody was holding and we were making fun of how the rich people were getting [ __ ] over and it was so funny and blah blah blah blah blah blah blah and then they shut the buy button off right and then pretty much all of us got [ __ ] over right pretty much all of us that held basically got [ __ ] over but um at the time this was you know at the time I wasn't working a job uh if you guys don't know like I worked construction pretty much the majority of my life uh for about 15 plus years and and uh at the time I didn't have a job and uh GameStop at the time had represented so much hope and so much optimism about like what could be in the potential future you know it it meant so much to me in the moment even though we had all gotten [ __ ] over you know it that stock started to actually like mean something to me and then that's what started kind of my obsession with like the finance world and so just to again give you guys some more background here I started trying to trade after the GameStop sneeze stuff and I was so [ __ ] terrible at it that I basically ran out of money and then I had to go back to working a full-time job and uh that was [ __ ] terrible the place that I worked at was terrible the people I worked at were terrible and it was
2:16just not a good situation but um in the summer of 2022 uh BBB wi happened and I ended up actually calling the bottom of that uh [ __ ] I don't know how I got really fortunate um and I caught a huge wave off of that and that's kind of when I actually like started Jackie and I actually quit my job I actually quit the construction job that I was at because the wife had essentially said like you've got a knack and a passion for doing this so you should do this and focus on this and all support us while you do this and um you know I hated my job and I love trading and I was obsessively on trading view every single hour of every single day and I just couldn't get enough of it and um my family had a business when I was in high school and instead of go to college and go to university and do that sort of thing I was supposed to take over our family's business and that business ceased to exist basically the year that I had finished high school because of just some stuff that happened between my parents unfortunately and so you know went from like having this idea that I was going to start running our business to essentially both my parents went bankrupt and you know uh that's kind of where my adult life started is uh I was sleep sing in my car and when I was done sleeping at my car I actually got a job at uh at Visions Electronics and my best friend at the time was also working at that place too and uh he was like hey bro we just rented a house we got a couch that you can stay on if you want to sleep there you can sleep there and uh you know that was kind of the start of like my adult life so when I say this to you guys that I have been broke and poor for pretty much the majority of my adult life I I I don't say that in a [ __ ] Manner and I don't say that jokingly I came and have come from very hard [ __ ] times man and I had to dig myself out of that [ __ ] hole
4:42and I have found happiness within gme not just because it's GameStop because GameStop is just kind of like to me it's just like a whatever store it's just like you get video games and [ __ ] there you know but GameStop to me the reason I love it so much is because of folks like you guys in the chat box and again I don't say this to be like sappy or lovey-dovey or any [ __ ] like that I say that because you guys have held a stock the same way that I have held a stock and you are still as passionate about it today as you were back then and there's a reason that this company will succeed in the future is it's because of people like you so people ask me right I'm going to circle back around to this question people ask me all the time they're like Jackie why gmy why is GameStop your long-term investment that the hill that you choose to die on and the reason that I have chosen this hill is because of the people like you guys that have held through all of the [ __ ] and seen the nonsense and seen the [ __ ] and seen the garbage that has gone on and I didn't come from Finance I came from construction and I am who I am and I'm an anxious and somewhat over emotional at times person who has learned how to trade effectively and I've taken these things and I've mumbled them all into Jackie la tis and I don't claim to be perfect and I don't claim to be Mr [ __ ] nice guy all the time but one thing that my message has always rung true with a lot of people in the chat box and with anyone who has followed me is I genuinely give a [ __ ] like I I I really give a [ __ ] and I want to see people do well and you guys have afforded me the ability that I have done well right there's no skirting around the fact that like I charge $300 to $500 for the Discord and there's 2,000 members in there if you do the [ __ ] math like I'm not poor and I'm not broke anymore it's not hard to [ __
6:51] figure that out and put two and two together but I worked really [ __ ] hard to get to this point and I would hope that it's not the money that people think influences me what influences me on gme is the people that hold this stock and want better for every other person just like myself because there is nothing more that I want to see than this company succeed and see the people that held with me and supported me and help me grow to this place there is nothing more that I want to see than those same people you guys in the chat box succeed the same way that I have and the fact that people have held through all of these years tells me that everybody else wants the same thing they want success and I look at the CEO of this company taking no money taking no shares taking no options this guy runs the company for free his job is to build this company into something bigger than us it is to build generational wealth for years and decades to come because he knows he's not a [ __ ] dumb guy he's not a dumb man he understands that this stock means a lot of things to a lot of [ __ ] people across an entire Globe he knows that he's not stupid you guys he knows how much this company and this stock means to you guys that's why he tries to show you with the things that he does right his actions not his words he shows you hey I don't take any money I'm here to make this company great the way that I get richer is by making this company great because then his shares go up and if his shares go up his wealth goes up that's what his wealth is tied to is [ __ ] GameStop increasing in share price there is nothing more that the game the the the board at GameStop wants than for GameStop and this company to succeed and Larry has outright told you guys in multiple tweets he understands that this company is much greater than a company this represents something much greater than just GameStop and roaring Kitty right he even made a point to talk about in that stream he said forget the Legacy side
9:19of the business you're crazy to think Ryan Cohen hasn't been planning and scheming for three years because everybody associated with this company realizes the repercussions of what this company's success or this company's failure will mean in the future so you best believe that these [ __ ] are going to work as hard as they possibly can to make sure that you guys yes you guys listening to this that hold shares of gme and have held shares from gme for 3 years four years 5 years 10 years I don't give a [ __ ] they're mission is to see this company successful which means that the share price goes higher which means that everybody [ __ ] wins except for the people that many years ago decided to try and short this company into bankruptcy so you don't need to even believe in me it's never been about me it's not about the money I make it's not about the Discord stuff it's not about the super chats it's not about any of that it is ultimately boils down to the success of the people that deserve it and have earned it we have come this far to see this out and either you believe that Ryan Cohen is [ __ ] Hitler and this man's trying to [ __ ] us all over or you believe that this company is driven to success by the very people that own the shares of this company which is you and I and everybody else in that [ __ ] chat box and around the world in superst in RG in [ __ ] timbuck 2 in Twitter on Reddit it don't [ __ ] matter where you found this stock or where you bought this company and if you believe that the people that have held this stock for three plus years are going to continue to hold and prove that sometimes good really does triumph evil mark my words something massive will happen with this stock and not a [ __ ] soul will see it coming because that's how Ryan Cohen and GameStop have always functioned you won't see it coming but I want people to realize that while there have been a lot of shitty people that have come and gone through the years both through the gme and the AMC Community I am
12:40here because I created a Persona that was built on this stock and this company success and I'm here to tell you that I'm not going anywhere and I could have chosen to pack up all of my [ __ ] money and just walk away from it cuz I'm happy as it is but that's not and never has what this has been about it has always been about the success and seeing the success of this company and Beyond the success of this company is the success of the people in the chat box that come and enjoy that with me because it is [ __ ] boring to do it alone and it sucks so yes while I may have made some money and done well and built a following and done all these other things it has not come at the cost of hard work but that money and that hard work does not change who I fundamentally am as a [ __ ] person so with gme analysis this week once again folks I don't even have to say it it's a dogee and the beatings will continue until morale improves but if you watch the video that we put out on Friday where I talked about this on stream we talked about this potential algorithm [ __ ] we've marked off all the zones that we needed to see on gme right the expectation is that there is potential that this could round back off and come back down here all right but as of right now the volume is pathetic the candles are anemic and the share price isn't going or doing a single goddamn thing so there just ain't really much to talk about right now but we're getting close and we're getting to that point in time where it is starting to become apparent that a big move is coming we are watching the weekly Ballinger band squeeze as price stays above the center line that's the big Focus 2130 want to see price close above that don't care if it's a dogee don't care if it's low volume don't care about any of that just want to see GameStop continue to hold above support So support can be 21 and support can also be back down here in this pink Zone that we marked off right now I don't know
15:54why I move that pink Zone but that's where that actual zone is all right so that's what we're looking at we have a fib time zone that we're going through in the end to middle of middle to end of October so I am not again anticipating very much and those of you that had watched the video from a couple of weeks ago will remember that I told you guys I anticipated that gme was going to do something like this and so far we haven't really clued out from that yet so that's my expectation for gme I just want people to realize that in the moments of nothingness I'm not going anywhere I'm not bearish on gme I'm not a [ __ ] sellout there just ain't really much to talk about when it's not really doing much we don't have an earnings announcement remember a video a couple weeks ago I told you guys that because the expectation was September 4th that we should anticipate that there should be an earnings announcement on the 28th this Wednesday if there is no earnings announcement for Wednesday the 28th that means that this anticipated date is incorrect because they need to push this out one week in advance so anticipate that the when the earnings announcement should come on Wednesday and that should be telling us that earnings should be Wednesday for next week all right but that's what we're paying attention to for gme this week really guys not much to say about this we know our levels we know where good areas to buy are we know where support is we know what we're looking for right the last thing I'll leave you guys with is I have created an indicator that shows moments of big volatility and tells me when price is going to make big moves okay when you see these little flashing blue vertical lines that's what it is right and back here you can see that that led to an explosive move right you can see that this one right oh LED to an explosive move right before ultimately I mean making a monster retracement right then you can see that this one led to two explosive moves 17% down then 48% up and then you can see this one that was created and this one actually left us an indicator
18:09Target that we actually ended up aiming for and hitting so this is very interesting because if gme does dump in the same way that this thing did right it will leave us a big indicator Target on the high side and then most of us right are aiming for 15 and 10 for re-entries and again leaving an indicator Target all the way back at 20 you guys can appreciate that that's like anywhere from a 50 to 100% plus move which is Big right so my indicator is now flashing off a signal on The Daily telling us that volatility is going to start you know really diminishing here but a big move is coming and we will see a big breakout like move that's that's that's prepping up days weeks I I don't know it's just this indicators telling us and warning us that there is going to be a big explosive and expansive move on gme so because options are very cheap those of you that don't really care great time to kind of run a spread trade right because options are so [ __ ] cheap so you could take maybe one or2 dollars out of the money on a call1 or2 dollar out of the money on a put give yourself three months that indicator that indicator is going to explode way before 3 months and whether it's a big move down or a big move up you're going to clean house on those spreads because volatility is so low and options pricing is so cheap on gme right now right so that's something that you could consider and again none of this is financial advice it's all just educational content appreciate everybody listening that's the end of the gme discussion and thank you for listening