Benzinga LIVE

BENZINGA CANNABIS CAPITAL CONFERENCE

The premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.

Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/

Episode Summary:

• Friday Trades
• AEHR Live Trade
• Crypto Update
• FinTwit Conference
• Benzinga Trading School

Stocks talked about on the show:

$CELH, $BROS, $MRIN, $FOXF, $AEHR, $SKLZ, $BABA, $JD, $YUM, $UBER, $V, $MA

Guests:

Anthony Hughes CEO/Founder of Trystonks.com 2:00

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

• Subscribe to all Benzinga Podcasts here
• Get 20% off Benzinga PRO here
• Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript

he said bros. I don't know if he's talking about us or the stock. Um, I, I, Luke let's check in on the stock. Let's see how Dutch bros is doing right now. Up again. I mean, this stock has just been ripping all week. Oh, I wonder what the. Check with the one week return is on bros right now. Yep. And, and, and th this is the new coffee shop, uh, IPO craft producer.

Does that sound right? Yes, sir. Yep. It's uh, specifically in the kind of Pacific Northwest, um, kinda, you know, out in, uh, Oregon, Washington, that part of the country, these are everywhere. They're like the Dunkin donuts in the Northeast where there's one on every corner in Boston. Um, and. I mean, it's up 25% this week alone, Luke.

Um, I'm up for not going to lie. The drinks don't look like that. Good. Yeah. They look like, I mean, they kind of look like Dunkin donuts drinks, like super sort of shitty. Alright. Is if anybody's been to Dutch bros, will you please comment like this looks way better? Like maybe get this fall it's oh, is it PSL season?

Yeah, it's definitely PSL season. It's definitely, they have a, so here's Starbucks. Here's let's look at the Dutch bros site. Yeah, the Starbucks drinks look just like so much more lowering. Wait, let's look at what we're getting into the chat. Um, Kira said I went to Arizona on vacation, visited Dutch bros and went every day.

It's pricey, but it tastes amazing. All right. Matt says drinks are so bad. Cameron is not a fan of fan eye. So if you've been to, if you've been to Dutch bros, give us a one in the chat. Um, or a two, if you've been to Dutch bros and you like it, give us a one. If you do not like it, give us a two. Okay.

Everybody likes touch for us clearly except for a Cameron Dole. Are you judging coffee brands by photos? Yes. The answer is we're doing D D right now. It's very serious, but, but, but I'll say beyond that, we're asking for a reason, right? It's it's not a brand that we have in Michigan where I live and that's why we're asking.

STBC lives in Oregon. Yep. Um, so yeah, I mean, th this one's interesting for sure. I don't know if, if the stock will hang out at these prices, it's kind of hard to tell, right. After an IPO, you don't have a long, I wonder, do you know what the IPO is priced at prices three. I believe. I believe it opened that $36.

I don't know what a bit priced at 23. Okay. Let, let, let's just talk through how this IPO mechanism works for a second producer, maybe. So, so, so there, there's a few prices to keep in mind when we're talking about IPO's. Uh, the first one. This is what the IPO price is at. Okay. And that, that sort of the first price that we get, and that's the price at which the company is selling shares out to the market.

So, so and so when the company is creating 10 million new shares and dumping them on the market, that's the price at which the company is selling those shares to the market. Typically it's institutional shareholders that are buying those shares and they're, they're buying them, uh, before the stock typically starts trading.

And generally speaking, the price increases from, from the, the, the first day of trading. There's a price increase versus where the stock price is at. So, so, so that's the first price, what the IPO price is at. And again, that, that that's where, where the company is, is selling their shares onto the market. Uh, the second price to keep in mind is where the stock opens.

Okay. So, so the company is going to sell their shares for 23, but they're making that decision before the stock is actually trading. It's typically the next day that the stock is going to start trading. Um, and, and so basically the way that, that, that stock opening process looks like is, you know, the market maker gets all the buyers of the stock, all that.

So there's a stock lines of. And figures out where exactly that bid-ask lands, uh, in, in, at what price the stock is going to start trading on the market. So, so, so we had the IPO priced at $23 a share that's the price of which Dutch bros sold it, sold shares to the institutions. Uh, then we have the open price at 32 50.

That's the price at which the stock actually started trading. Uh, in today we are sitting at 53 times. Okay. So, so, so for, for any of those institutional investors who got in at 23, they've already more than doubled their money, uh, for anybody who got in, when the stock started trading at 32, you've already, you already have more than 50%.

Um, so I mean, it's, it's definitely been a hell of a run for the, for the short lifespan as a public company. Yeah. I mean, look, I think any time you have an IPO and you're trading it right after, um, it's one of those things that you have to keep an eye on in your portfolio. Um, because, you know, th the IPOs tend to trade pretty volatile after, um, you know, in the months after.

So if, if I have Dutch bros in my portfolio right now, look, I'm not selling it, but I'm going to be watching it like a Hawk. Yup. And they're asking for a tighter. Yeah. Um, we need a close up on loop. There we go. We're just going to do it like this. Okay. Um, let's grab first ticker out of the chat produce.

Maybe I saw it. Well, I wanted to say I saw Marin earlier. It came in earlier. M R I N, and Luke, this is one, uh, I can share my screen and I can show my portfolio. I bought this stock yesterday. I'm up 20% on it. Let me find this one year chart daily candles that we're looking at right now, guys shows Zuma in producer AB rich Kaiser.

Yeah, let's get it. These are daily candles, daily candles. What do you want? And here's here's five days. 10 minute candles. How's that? Uh, no, I want, I want the dailies, but I want it zoomed in on the last, like, say month or so. All right. Here are daily candles and you got about a month. Beautiful. Uh, yeah, I mean, it wasn't.

So yesterday I was looking at the chart and the chart did look good to me. Like it, it, you know, it obviously had, um, it hadn't quite jumped up yet. So right now on the trade, it had jumped up. Not as much it as of right now, though. And on the trade I'm up. Let me check in my portfolio. Up 19%, Luke overnight 20% overnight, not an options trade just bought the stock and it happens to be up 20% today.

Um, so let me know in the chat, is it time to sell? And, and so, so what is the company doing? Yeah, they do. And it's kind of a SAS company. Um, and they renewed a contract with Google. So the, you know, that obviously had a positive impact on, uh, on the, on the stock that they cause. So it bounced twice, which is honestly what I'm a little bit confused about.

Cause I I've only seen the one news thing, so I don't know why it would bounce twice on two separate days off of one piece of news.

You got some energy in it, baby. That's what it is. And shout out to Cameron Dolan. The chat is basically saying that if it holds up today, a stock looks good in his view. And I tend to agree with that. Right. We had that first pop. We had a hell of a sell off, off of the highs and now we're pretty much back up to those highs.

Yeah. We're just kind of filling that gap, but, um, it is higher now. Uh, earlier today than it was on that previous peak. So it got to 9 93. Um, and now it's at 1127. So if we close above that, um, you know, previous, previous, I think we're in good shape and maybe a prudent shout out from Cameron in, in the chat saying, saying, don't make it binary.

Don't make it. Should I buy or should I, should I hold? Or should I sell? You can sell half, right? You, you can start easing your way out of a position. And that might be the move. Yeah. What I say to you, Cameron is I like the way you think I'm going to go ahead and do that right now. As you can see here, I'll scroll down.

History Benzinger article on there. Yep. Um, that's Randy Elias. I asked them today. Cause so, so Luke, we've talked about this before, how the whims came about was essentially Luke would be checking his portfolio and he would walk over to the news desk and say, Hey, Brent, um, you know, why is, why is my stock apple of 5% today?

Or he'd say, Hey, Jason. Um, cause back in those days, Raz would, would work on the news desk like every day. And he would ask Raz like why his stocks were moving. So eventually we made a product out of, um, why it's moving. And I asked Randy kind of same thing. Like I was Luke, you know, however many years ago, that was, I was like, Randy, why is, why is Marin up 20% today?

And you know, I was like, Hey, we should do a whim on it. So this is Randy. Shout out, Randy. History 22 hours ago, about $300 worth that's about 38 shares, 37.9 shares. So Cameron, what I am going to do is I'm going to sell 14 shares right now. Wait, no, I said, uh, 2019 I'll do 19 shares right now, but that's the.

To sell 19 shares. So done. Thank you, Kevin, for the advice. Boom, boom. That's how we do on zinger nation. All right. Now you have proceeds. Let's roll it into something else. All right. Let me know what I should buy Fridays are for Yolo trades. I don't know if that's prudent advice lately, like selling half the position when you're already up, but typically by the time we get to Friday, I'm like so tired that I'm I'm in my Yolo trading ed.

I gave another stock on get technical yesterday, which it probably wasn't the right show to give it on Luke because it wasn't based on technicals. It was based more on the fundamentals. Um, but that's FOC Fox FAC Fox F I want you to check out this because the company reported great earnings last report.

Um, the stock has been really strong and I I'm looking for previous all-time highs in this trade. Okay. All right. Here's here's one, one here's one year chart, daily candles. Um, I don't know. I think it's fine. I think we just rip it. Like this is not just ripping it. I think we picked something that that's 40% today at high of day and you just load it.

All right. I'll share. I'll share my sons. Find one. Damn why I in the chat, if anybody has symbols, top of mind that acting like that daily, daily movers, um, oh, no stop. I'm just going to use Benzinga pro for this. A E H R is the highest, the biggest mover today. You guys, you guys got that stock on this show at like $5, dude hit it.

Let's go for a boy for a boy and high a day. We're all, all time highs. I'm going to buy some from all time highs. You're at high high a day. You're already up 36%. This exactly fits the profile for a Friday afternoon. Yolo trade volume. You're one of the last warm, warm weekends of the year. Let's do it.

History five seconds ago, $200, 12 and a half shares of AHR. Shout out Ben of story trading. Um, yeah, so 12 and a half is weird. That would screw with me. I think I never bought a fractional share before. Isn't that weird ever? Never. Oh, well they didn't have it right when I started, it's like a new thing. I just always thought two or three years dollar amounts.

Oh my God. We're already up. We were up bro, half a percent. I use it to pay down margin loans. Spencer Israel side said, said dividends for fractional shares. I told him I don't reinvest those dividends. He's a debate on my margin loans slowly, you know, work it down. Um, but all right, producer AB we have a very special in-office guest today.

Yes, sir, Luke. Um, let's get to it. Uh, before we do, I have a quick little ad for our, uh, our swag that I want to play. We need, we need to send some more t-shirts out to the community. So if you want to get the swag I'll, I'll give you guys a little preview and I'll drop that link in the chat. Okay. What was that before?

Do that pre preview the rest of our show as well. What else do we have on deck today? So we have obviously going to be checking in on your AHR trade. Yep. We will do that later in the show. We have Anthony Hughes join us. He is the founder and CEO of stocks, trading trouble. Tri stocks.com. Um, it is a new brokerage that has not yet launched, but it's taking signups on the waitlist.

Um, so we'll bring him here. In-person Luke, very excited for this interview. Um, and then after that, we are going to talk about the big Bitcoin news in China, how, uh, China is cracking down on Bitcoin and cryptocurrencies and, uh, yeah, that should round out the. All right. All right. I'm producer AB ha ha.

Give me a thumbs up if the audio sounds okay. We're trying something new. You guys hear you. Okay. But we got the thumbs up. All right. We have for the first time, in quite a while, maybe, maybe almost a year at this point in, in office guest. So, so, so Anthony, you came all the way out here from Iowa to visit us or maybe, or some other reason you're in town, but regardless you are here in Detroit, Michigan.

How are you doing today? Man, get access to actual news and market research with all the information you need to invest smarter and profit faster. Start your free trial [email protected]. I'm good man. First time in Detroit, um, I'm from the Pacific Northwest eventually, or, you know, whatever. Um, but uh, yeah man, first time in Detroit, um, I was great.

Detroit's awesome. A nice little. But, uh, yeah, it's good to be out here, man. All right. So, so, so good. Give us a little bit of your background. Tell us about your, your trading, investing career. Any, anything else that that just helps us give us a little bit of context? Yeah, for sure. So, um, I mean, I'm a division one wrestler, so I love to compete, um, or former division I'm too old now, but, um, yeah, so I love to compete.

So when I was in college, Kind of started trading, um, the, the old school OJI platforms. Um, and then Robin hood showed up on the scene, made it a lot easier for guys like us to start trading. And yes, I've been about trading for about a decade now, a self-taught YouTube kind of YouTube university kind of helped out with, with the trading.

Learnings and whatnot, but, uh, yeah, so trading for about a decade management, all my own portfolios and funds and, uh, just love it. Absolutely love it. Okay. But, but, but then you said Robin hood is not enough, right? You, you mentioned that, that you were from like, you know, the, the traditional brokerage is you made the move to Robin hood, but then something happened where you said Robin hood is not enough and now you're, you're launching your own business.

So, so tell us about that and why you're getting. Yeah, so, ah, fantastic question. Um, but, uh, so back in January, um, we all know the turmoil that happened in the markets. Um, and I was actually working on another software company at the time. Um, so stock trading is my fourth company and successfully exited two of them already.

So it was working on another SAS product and. How's laying in bed, reading through Bloomberg and Benzinga and Yahoo finance, and all of a sudden you can't trade GameStop anymore. And I was like, ah, yeah, this isn't gonna, this isn't gonna work. There's a marketing issue here. And so it was like five 30 in the morning.

So I wake my wife up. I was like, ah, Jill, I'm going to start another company today. She's like, no, please don't do that. Please just work on what you're working on. And, um, I was like, give me 36 hours. Let's see what else. And, um, so launch stocks trading with a landing page, uh, bought 500 bucks worth of Facebook advertising.

And, uh, we had 1400 people sign up for the waitlist and about 30 hours. So, um, so stocks trading is, is what we're working on. Okay. All right. And, and, and one, I love how easy, like, like, you know, the CPC advertising makes it right where you can just throw something out there and quick get quick market feedback.

Cause we, we love to do that as well when we're testing new products. Um, but, but, but tell us a little bit about the stock's trading experience. Like what, what, what should users expect? Um, you know, how are you going to be interfacing with the users? Yeah, that's fantastic. So, um, I think we need to start from kind of the unique value proposition that we have for, um, our users specifically.

Um, we are attempting to create the first user owned financial platform, um, the first iteration of that big retail trading app. And, um, and that was pretty much the market sentiment at the time when everybody thought like these retail trading apps were kind of on the retail traders side, um, and then turns out.

They weren't and like, and so when looking at the market, how we're going to build our go to market strategy, I was like, man, let's just, uh, let's give away 500,000 people shares of our company. And, um, and so that's literally what we're doing is we're giving away, um, about a quarter of our company right now, just to users so that we can.

Always put our people first. Right. And that, that needs to be the sentiment of companies like moving forward. It's like when you. Your customers and your people first, they're going to be evangelists for you and they're going to be life long customers. And so that is literally our value proposition right now.

And it kind of falls off of what Warren buffet has believed for forever. It's that shareholders make the best customers. Right. So what does Warren buffet do? He only drinks Coca-Cola he only eats dilly bars. He only buys his mattresses at Nebraska furniture Mart. I mean, so he is a consumer of the companies that he owns.

And so with those, uh, kind of building blocks in place, giving shares away of our company, Putting our people first, uh, we're going to build a kick-ass company, man, and it's going to be for the people by the people. Okay. That's sweet. And I'm learning about this at the same time. That's all you, all of you guys are.

So, so, so let me ask this in terms of the mechanism for, for users to get those shares, is it, uh, users who are on the waitlist? Uh, and then they go ahead and they create the account when available. Um, and then that's their, their gifted shares. Is it, is it basically work like that? Does everybody get shares in proportion?

Uh, what, what exactly does that. Yeah. So, um, so right now, uh, w w our app, our trading platform will launch October 17th, knock on wood. Uh, that's what the engineers told me this week. Um, so in about a month in three and a half weeks, three and a half weeks. So, uh, we're, we're going to beta launch in about three weeks.

And, uh, so right now, it's you gotta to try stocks.com. There's a button that says, join waitlist, get five free shows, throw it up, try, try songs.com. Um, join the wait list. There's no obligation. Um, we would hope that you download the app when it's ready, but, um, so during the waitlist, we're giving five shares away and, um, and then the mechanism that we will, the vehicle that we'll be using in order to give those shares away is through a share drop, um, on Republic.

Um, so we're partnered with Republic, uh, to be able to administer those shares. And, um, yeah, so just join the wait list and then eventually download the app. You'll get, you'll get you. Um, and, uh, yeah, man, like that is literally what I'm dedicated to right now. It's building a good app and giving the shares away, so.

Okay. And, and, uh, our users are going to be curious about the backend, right? Like, like who, who are you clearing through? Who, whose custodian the assets. Can you, can you talk us through that? Yeah. So, um, so we're a tech company, right? Um, we, we're not a broker dealer. And so when, um, when I launched the company back in February, um, for what I did, it would realize how much, like, how much you needed to like, be in compliance with regulations to start a trading company.

Um, cause I was a SAS guy, not a FinTech guy. And um, so it was like, oh man, like there's a lot of stuff to do. So, um, so we are kind of using the neobank. To where, um, a FinTech company can essentially launch a bank account and be sponsored by bank or BB VA or something like that. Um, and so our sponsoring broker dealers, alpaca markets, and they're a San Francisco based API broker dealer.

And, um, yep. You guys know them. Yeah. You guys know them well. And, um, and so the reason why we, we chose them was. I think what Robin hood did. And if we back up for a second to talk about how brokerages retail brokerages, 0% commission brokerages make money, is it. By order flow or by commissions, like, I mean, those are the only really two main ways to do it.

And so that was a big, um, thing for me was when Parker partnering with alpaca, I needed to know exactly how they cleared. Right. And so, um, so instead of selling it to the same, uh, clearing firm, like Citadel or something like that, So that doesn't get us in trouble by saying that, but, um, but like they, they go by best bed only, and they had about seven different clearing houses that they go through.

And so, so it's truly a, it goes with our ethos of, you know, trying to put the user in the customer first. Uh, but then eventually on our roadmap, we do have some aspirations. Uh, broker-dealer as well. So, um, but that's further down the line. That's the boring part, but the fun part is the tech side. Right?

Building the application, figuring out what data to put in there, what the interface is going to be like. Yeah. Leave that to a backup and a huge shout out to alpaca. If you guys don't know them, uh, uh, they, they just had some news. They raised a pretty big round. I don't remember. It was like 75 million or something.

Yeah. So you just raised a big round. And I remember this was, must've been probably three years ago, visiting their offices in, in, uh, Palo Alto. It was somewhere out there and it was like, like four people there, like total, you know, it was like two co-founders and when do software engineers and I'm like is ambitious what they're going after, but, you know, Hey, that's you best of luck and they're doing it.

So, okay. All right. So, so, so, so that's the business. What about the stocks? You have favorite stocks on your radar right now? This is the trade idea shows. So you have to give us at least one,

no one judged me for this. Okay. But I, uh, I just bought the massive dip on Virgin later. Or Virgin, sorry, Virgin galactic. So, um, so I'm, I brought the dip, um, let's see about three weeks ago, four weeks ago, and that, see that, that nice, that nice dip. Yep. Um, so bought it, I think it touched like 22 or something like that.

Uh, bought it. So I'm not, um, I am a yellow. Just because I have to be stocks, trading, baby, like diamond hands to the moon. Um, but uh, I like Virgin galactic kind of long-term I love the billionaire space race right now. Um, I think there's a lot of momentum, um, but I'm also a, um, Alfa Dubai writes on everything I do.

So, um, so I'll do covered calls. Um, I'll sell poets, um, to, to reduce my cost basis. And so that's what I'm doing on Virgin Atlantic or Virgin galactic because, um, li. Oh, yeah. You get super long. Yeah. I'll get along. Yeah. I'll get along. Yeah. Which I, I love the selling the puts because it at least reduces my cost basis while I'm waiting.

Um, but I'll be like 10% under, like, you know, and if I get assigned on it, that's fine. And then we'll hit it again. So we'll, I'll dollar cost average, like, until it finally turns around and in his reversal. All right. I like it. Uh, what about GameStop? You long it still, or no, I got long again. For the first time in months, was it?

I don't know if anybody in the chat remembers, but it was one or two weeks ago. Um, I had been out of it for awhile. I think I had the best game stop trade of anybody. I, uh, Got our game sub-story was crazy. So, so we had, when Andrew left from her, when he came out against the stock and I was like 40 bucks, he broke that news on this show, this show that we're doing right now, that's where he broke the news.

And I saw so much energy flowing into like the chat that I'm like, okay, this is special. And that's what triggered me to buy the stock in the forties. Did I paper hands it? Yes. But my sale price was $420 in 69 cents. You're not going to get up at like six 15 in the morning. Like, like I, I checked my, my, my broker Jack.

Pre-market like, when I got up, like, you know, like, like five 30 or something like that, I saw it was close through that limit on there, got in the shower. By the time I was out of the shower, filled it for 20, 69. It wasn't meant to be, but I'm, I'm long again, as of a couple of weeks ago, I'm back in the name.

We're where are you at with it? And the chat hates that I'm in this stock too. They think it's all dead money. Well, I'm not, I can't comment on the dead money part because. I own a diamond hands company, but, um, yeah, I'm not in game stop. Um, I got out quite a bit ago. I'm still an AMC. Um, I hit AMC at like eight bucks, nine bucks.

And I'm still riding that, um, with the, so the momentum trades are, or, I mean, it's, I don't know whether you call it momentum trades anymore. Just how many retail investors are behind these, but I learned my lesson with doge. Um, so I had doge for like six months. Um, I bought it at 0.0, zero 5 cents. There's five tenths of one penny.

Um, and I held it and I was like, no, just us not leaving. And so I was like, I'm done, I'm out of it. I sold it January 21st of this year. Uh, Elon Musk tweeted like 47 seconds later and it, and it's been on a tear ever since. So I did learn my lesson with not sticking in with the means. Um, but once I hit a hundred percent, I'm out, I got to rotate to something else personally, but no, don't tell, don't tell that many people about it.

So. Alright. And let's ask this one too, guys. Uh, let, let, let, let's get Anthony some help here. Uh, put in the chat. What is most important for you w with a, with a brokerage app? Right? So, so he he's building this thing actively right now. Like, I, I, this, this idea is coming from somebody in the chat said, please give us, it was, it was rich guys are said, please give us a little bit more charting power.

Um, But, but guys drop in the chat. What is really important for you for, for your brokerage product and, and, you know, if we're all shareholders, maybe we band together and we start voting on these things. And there we go, um, back to the charting power. So some of that were engineering and I showed the team a little bit of the app.

Maybe I'll send it over and we can throw it up sometime. Um, but what we're trying to balance. You got to give Robin hood props for building a absolutely beautiful product and business. I mean, you got to give him props, but from a charter, well, from a charting perspective, it's like, there's not that much.

And then we will rolls out and they give a lot of charting, but it's hard to use or in the feels like trading view. Right. And so, so what we're trying to do is like take the design flawlessness of Robin. With overlay charting. So we're going to have Mac D and Bolinger bands and everything, but we're re we're reducing the amount of functional functionality you can actually do with the chart itself.

And that kind of balance allows us to give more technical indicators without making an impossible to use. Um, and then secondly, kind of our roadmap, but you mind if I tell a little bit about the roadmap, um, We're going to launch, um, the trading up here in three weeks, hopefully. Um, but uh, on the roadmap, we're actually launching a neobank as well.

So we are partnering with bank Corp to offer checking accounts, savings, accounts, debit cards, credit cards, personal loans. I mean like the whole gambit. Um, and then, um, Q1 Q2 of next year, we'll throw in portfolio management so people can, um, manage their HSA is 401ks IRAs in the platform as well. And we really want to build a super, a super app for, uh, for the re just the retail money manager themselves.

Right. And that's kind of what we're calling ourselves now is like we're retail money managers. Like we're managing our own portfolio. We do the best. I don't have to pay somebody a percentage. Um, and you know, with partnerships like Benzinga and stuff, we can trade and train and educate, um, our people to, uh, to trade better.

So, and then we'll get through a crypto wallet in there too, but that's next year. So. Okay. And what about this one? I, I see a lot of ideas coming in for, in here. Some more useful than others. Probably the most important one that I see is the confetti, the confetti animation. You know, I think that that one had to get taken out, unfortunately, when the IPO happened, but you know, users like the confetti, I showed the boys here at, uh, Benzinga last night, a little bit of the app.

And when you execute a trade, it says, um, do you want to launch. And it's a rocket ship. And so the, so we actually built in an animation to where you swipe up to trade a rocket ship follows and then hits a moon. So we have like a moon that comes down and explodes the moon. So we couldn't do the confetti.

I'm pretty sure there's a little design IP behind that, but, um, but the rocket into the, the rocket into the moon is what we have. Yes. Yes. I am all about the rocket. Yeah. All right. That's awesome. Um, it, any other questions you guys have for Anthony drop them in the. Um, uh, otherwise in any, any final words of wisdom for us, um, I guess wisdom be a smart trader, right?

Like, um, and like that is what we're buy the stock sell puts, uh, you know, of course by the high of all time, hold it. Um, no, it's like, you know, when you hit 30, 40, 50% in gains, especially on these beam stocks, um, and this is what we're having to tell our community now. Is, um, eventually you got to take your profits, right?

And so I liquidate liquidate, liquidate. If you're up a hundred percent, maybe reduce position by half rotate. I'm not a money manager. Right. But like, um, that, those are my words of wisdom. Right. And so, um, take your profits, have fun, continue to learn. Um, and they get on stocks trading. So. All right, guys, I'm gonna put the link in the chat.

One more time. Really neat concept that giving the shares away to your users. I didn't know about that until just now. That's awesome. I'm all about it. Um, let me ask you one more, uh, Republic. Why why'd you choose Republic, uh, of all the platforms you could have partnered with for, for the. Yeah, great question.

So, uh, we actually raised a small, um, pre-seed round on we funder. Um, and, uh, and so we have about 10,000 people on the wait list right now. And so, um, we want to be as community driven as possible, which is why we're going crowdfunding route. Um, we are trying not to. A single dollar from a VC. Um, this is like one of our tenants is like, we don't want investment banks.

We don't want VCs because as soon as I put three VCs on my board, now I become beholden to the VCs instead of our users. And so a Republic has a very good track record with getting FinTech companies, launched crypto companies launched, um, and, and they also offer. A crowdfunding platform that offers a share drop.

And so they're going to be facilitating the share job, allocating the shares to our users, uh, once they sign up for the waitlist and a, which that will be done at the end of October. So I would just fill it a filing the partnership with Republic right now. But, uh, yeah, so like they they're able to facilitate that shared route for us, which is why we essentially went with them.

All right. That's awesome, man. I appreciate you stopping by. I appreciate you hanging out with us and the crowd that the chatters out there. Zinger nation is definitely a fan of the concept. Cool. Alrighty, sir. Appreciate you. Thanks you guys.

That was Anthony Hughes of stocks trading. The link is in the chat. Please go check out the website and sign up if you have not already. Um, let's take a quick peek into my portfolio. We'll see how those trades are doing. Um, check in on AHR as well as Marin. Let's see. So Luke, I'm down about a percent and a half in Marin right now are not married.

AHR, not worried about. Um, as Ben from story trading, Rowan, can I get the camera, the camera height right today? I mean, Jesus.

All right. How about that one? That was a pretty cool concept. DV, isn't it? Yeah. I mean, I I'm, I'm all about it, Luke. I don't know. I don't know about you, but I might have to assign a sign up for an account and switch my Robinhood over. Okay. Yeah. Well, hopefully when you, uh, when this AHR. I mean, Ben said maybe, or what's the deal Cole.

I just bought it about 20 minutes ago. Um, Ben settle on the show. He had a very hefty, ambitious price target of about $50. So honestly, if this, if this goes down a couple bucks, Luke, and I'm down, you know, so it's a swing trade. Do not let your swing trades turn into long-term investments, especially since I've peer pressured you into making.

I will feel accountable. No, I mean, Hey, if $50 is in the future, I want to be. All right. If you say so, it will say, it looks like we might be, we might be getting some legs back in HR. Maybe you get some green candles going. Yeah, I need some green candles. Let's check back in on Marin, Marin software. M R I N um, up about 25% today, Luke.

So definitely some you hit this one yesterday. Oh, well, Cole bought AHR at his at Ben's last interview at seven. Good. First I bought this one yesterday, Luke, there were a few factors that went into it. Rodrigo. I sold Marin because I didn't sell all my mare and I sold half of it. Um, because you already have 20% of the day, right.

Someone told me to Cameron Dole told me to, and I said, Hey, he sounds smarter than me. So, um, I did it, um, Let me see what else is in my portfolio. That's moving in a day. Look, FUBU has just been a dog for me. People in that chat will probably hate on me for this. Cause I talk about absolutely 110% a, uh, but selling candidate.

It is, it is let's zoom it out. So here's here's one year chart, daily candles to super, super tight range. Yeah. I w let's put that one on the books for next week. Maybe let's find some quotes that we can sell against. Yeah, I think last time we checked on it, there maybe just wasn't, uh, like that much premium that we'd be raising, but maybe, uh, you know, some the higher Vicks and applied Ivy that the premium will be good on those.

I mean, I'm not out of this trade yet, but it's just been doing nothing for me. I mean, it's like Anthony was talking about with the OSHA and he said it was just ranged around for so long that he got bored of the trade, um, sold then as soon as he did it, it, it spiked. Um, all right. We can't see. What stock this is, but let me guess.

So it said 1147. Um, give me an industry.

Wait, what are we looking for? You have this stock, sorry. I just wasn't paying attention. We couldn't see the name of it. So I was going to guess I was asking for the industry, but, um, I don't know if I would have gotten that one. All right. Uh, what about the crypto market today? AB what. So China as has been typical China fashion for the past, you know, few months, um, you know, has been ramping up China's, uh, you know, regulation and involvement in, um, business in general.

And so basically right now, China came out and said, uh, Holly was down to 1 45. I know it's it's, it's not, she, it, anybody inbox. I got out of my Baba trades. I'm still, I'm still looking. I might get into some leaps here soon. Dude, if you bought PABA three years ago, your break even let's look at how the numbers have changed over that same period of time.

They've probably increased the revenue by a buck. So over that same three years, they've doubled revenue and the stock is flat. Uh, happy. My average for FUBU is yep. 29, 76. So I don't know. Did, I mean down 1300? I don't know where everybody's at on a Baba dude.

Alright, Baba. One of you like it too, if you don't. I mean, this is so we're looking right now. This is a ten-year chart with monthly candles. Okay. So we're zoomed away. I mean, this thing is ugly. Bottom of range to support from three years ago. Matter sort of maybe, um, dude, I can't leave Bob. I was down to 1 45.

I hadn't looked at it in a couple of weeks. I mean, last time I checked, it was still holding on around around 200 dropping another 25% on that shout out lava. Why do you like it too? You don't. I see a couple twos popping in there. Uh, Yeah, I think I'll get into a Baba trade at about 1 35, maybe one 30. So, so let's look at these Baba financials for a second.

Let's do some, some quick valuation math. So net income on Baba 45. Uh, this is really inconsistent. This is tough. If you average these three quarters, what do you have? You have, uh, 1 25 by three. So doing $40 million of profit a quarter, roughly. So that's 160 million a year, or I'm sorry. 160 billion a year.

The market cap is 400 million AB. So what is that 400 divided by one 60 stocks trading at two and a half times. P E. S and P averages is closer to what? Five, 10 S and P average, no way, way higher. You think talking about PE? Oh, okay. Not. Uh, price to, so, uh, Dan saying he loves Baba at one 20, I think, anywhere down there in that one 20 to 30.

All right. So 34 that that's the average for the S and P 500 is, is 35, basically average PE ratio. Ali-Baba Xavier wants me to stop saying Ababa, but sorry, but Alibaba's at two and a half times, and that just shows the market sentiment on this. I think as soon as we see institutions willing to come in and take on the potential risk for this, for how crazy undervalued it is.

No. Let's think about what that risk is like. What's the biggest risk. The biggest risk is it gets privatized right in, in, in everybody. Is Sol that's the biggest risk? Is that realistic? I don't know. The market seems like it's pricing in some of that. I w what other risks could there be like, could there be regulation that hurts their ability to sales?

Maybe? I mean, I I'm, I'm in the boat that I think China long-term, we'll be doing, um, you know, Jack ma went missing. We, we, we don't know if it's the real Jack model that came back. Uh, and we, I heard him talk. I think we have, but there's like a bunch of rumors saying that they think it's like an actor playing Jack, Bob, but he's also breaking it up.

That's one solar and UPSes to solar up is thrown out there. Yeah. I mean, there's an argument to be made loop that the potential risks, um, outweigh the potential, uh, for growth in this stock. I would however, be willing to take on that risk longterm. Um, because I think that China will be doing what it is and its power to become, uh, the economic kind of, you know, super power of the world.

And I don't think breaking up it's big as company will be, um, you know, part of that plan, but we we'll see, do you have your brokerage account open? I don't. I do. Can you price me out? What are some one 20 December puts going $420 strike December. Um, one 20 let's do December 17th by puts one 20 puts are five, 10, $500.

So $5 a share. Is that right? Can you zoom in again? Yup. I got a little.

Normally the low on the, on the day for this contract was $4 and 91 cents. The high is $5 and 20 cents. So try to be a decent move. So you sell one contract. You're going to get $500 right away for selling the contract, right? $5 a share times at times, a hundred shares in a contract. So you get 500 bucks right away.

Uh, as long as Ali Baba is above $115 on December 20th or whatever the date is that these contracts expire. Uh, you keep your 500 bucks and enrolled into something else. Bad case scenario. Let's say the stock goes down to 75. Right. I mean, that would be another halfing of, of where it is now that then you're on the hook for 70, you know, the 115 minus 75 times a hundred.

So then you're on the hook for four GS, I think another way to play it, Luke would potentially be looking out to these very long-term. So others, this one's January 20, 20, 23. Um, so yeah, this is a year and a half away. Um, maybe like something like a $180 strike price it, or you could even go further. I mean, I can sort of get behind that.

Okay. So, so let's think about this one. Hold on. I'm sitting down. So, so, so you're going away out to January 20, 23. So that's 15 months. Yep. Uh, You do go back to $18. What was that? 180 strike. A hundred lady strike is, is about, um, you know, it'd be about two grand to pick up this contract, but I mean, Luke, I would be so, so, so shocked if in a year from now Baba, isn't up to, you know, say $200 or so.

Yeah. So you're paying two grand today. If the stock got back up to two 50, uh, then you make, make seven grand off your. That's not horrible. Yeah. I mean, we'll take that. We'll take, uh, you know, 300%, 200% any day of the week, I think. Uh, so a long time. So you're way out. It's not a 200% trade in among the one benefit to doing a trade like this compared to selling the puts is, you know, exactly how much you could potentially lose in the 1890.

I mean, if for whatever reason, Baba just tanked and got below that $115 price, you would have to. Well, you'd have to buy a hundred shares at one to, to buy yourself out. Um, and for someone like me that has a smaller portfolio this way, I know exactly how much I would potentially be on the hook for. Um, and I would only do this if I was willing to take on, um, you know, about $1,900 worth of risk, um, for a potentially very profitable trade and think about too.

How could you hedge it a little bit? Right. So, so you could buy those calls. Uh, that's risky too. And I was going to say, and you could also do like short something like a J D dot. Yeah, but I think all I'm using that one, another Chinese name, less volatility. I wouldn't short something like jd.com just because I think it's also gotten beaten down.

Um, so I feel like if, if we have news, that's good for Baba. Baba is moving up that J D will probably as well. I'm thinking about it, like as, as a hedge and I mean, using the jd.com, because again, it's another Chinese tech giant, but less. Oh, I see what you're saying so that if there is more and more bad news than JD goes down and we're at least making some money off that, um, while our Baba call is getting smacked.

Um, yeah, and I like STB CS recommendation. So, so rather than buying the calls AB and shelling out that, that 1900 bucks you could burn the money and be warm for about a minute. Yeah. I mean, that, that does provide some value. Um, I get behind that. I think there are other, you know, if you're not that risk averse, um, you know, there are other opportunities out there that will be not as risky.

Um, but at the end of the day, some of the more risky trades to end up paying off in longterm, I'm not saying I'm going out and buy and Baba. But like I said earlier, if it gets down to the 120, $130 range, I'll be looking at contracts again. Okay. And hacks is throwing out another suggestion. This, this one, I th th this trade idea, I think is a little bit better than the STBC one use at $1,900.

Don't buy the Baba calls and buy tacos,

like ground beef. We talking chicken, pork taco, taco bell, for sure. 1900 tacos. Can we, um, what's the company yum. They own taco bell, right? Uh, it's sort of confusing. Uh, yum owns owns taco bell in certain geographies. I believe it operates through the following segments, KFC pizza hut, taco bell division habit, burger grill.

I've never heard of habit for a good grill. Um, I don't know. I mean, this. Wow. It's been it's up over a hundred percent over the past year, or, you know, this symbol AB while we're on the topic you went on this one, what is it? Y U M C you know that one? Yum. See, oh, this one out China. Yeah. No, that key, uh, KFC is absolutely huge in China.

I don't know why, but it is never been, everyone loves tacos. Yep. That's true. Yeah. I mean, yum. So, so here's the thing, Luke, look at this. So if I have, if I pull up the five-year chart, we can see right here where the COVID crash was and it got all the way down to $58 currently at 125. But even before COVID.

I mean, it was at about 120 bucks and trading lower. I mean, it got all the way up to like way higher than its, uh, you know, pre COVID levels. And I think a lot of these fast food chains actually did pretty decent during COVID. Um, when people couldn't go sit down at restaurants and whatnot, you had food delivered.

Um, so, so this could be interesting to me because if you think about it, if we go into another lockdown, they're going to be better off then, you know, we're not locking down again. I don't think, I think no way in hell. I, I think so either, but that's also good news for the stock that we're doing fully vaccinated.

AB I am. I wonder where the chat is that people might not like this. I'm curious, the country's vaccine. Now I would guess the chats about 50, 50, I guess, about 55. If you want to vote, we're going to make you vote on stocks. We won't make you vote on this one. One, if you are too, if you're not, I was a holdout, but eventually got it.

My point, uh, that I was going with Lucas that I think that I think yum is kind of insulated from any like coronavirus fears because w you know, everything goes, according to plan, people are going to be going out more, spending more money at drive-throughs. Um, and if something does happen, they're going to be in a better position than some of the relatives.

Wow. This chat is exactly 50 50.

It's boring to be Friesen too, but I have COVID born and I hope everything's okay in the comment right before that is one, but very Anthony mandate. Yeah. That's kind of where I stand too. I think it's very silly. Um, any mandate? I think, uh, obviously companies have a right to. Uh, you know, do like set any regular.

Yeah. In addition to being tired, I'm all about private enterprise. Do it, do what you will. There are choices. I don't think like the New York city one, like, I'm totally against that. Like, I don't think cities or state entities, um, should be Amanda mandating max vaccines. But I think people that are upset that companies do it.

It's like, look, companies do what they want. You know, you don't know if they brought that shit to Michigan, wholly. Oh, people would burn the state down. Yes. People would riot. Uh, no. It's producer AB yeah. I mean, that would really all let us know in the chat while you're watching today. I had my eyes on the cryptocurrency at large, obviously with the China news, not great.

Um, you know, China outlawing cryptocurrency as a whole, I don't know. Uh, so, so in China, there's a funny, I just got a text message from. I mean Uber user, I've never been a driver, uh, asking if I sit, inviting me to be an Uber driver. I wonder if the store, I mean, we're struggling with drivers right now, which could potentially drive up prices of Uber's if there's a shortage of supply.

Um, so I don't know. I don't, I hate Uber stock. I just absolutely hate it. We never traded it before. I just. I don't like it. I'm not a fan. I'm not a fan of any of 'em. Oh, grub hub. Isn't a stock anymore. They're like sold to just eat takeaway, um, dash I don't like any of these companies that are essentially, you know, what a stock I love that we haven't talked about in forever.

The most tried and true steady grind stock of all time. Apple game stop. No, I'm just kidding. We haven't talked about it in awhile. Uh, for. No tried and true. Uh, I mean, apple would be my guess, put it up. I'm not even looking at them. I'm looking at my brokerage. Uh vis-a-vis. It just grinds man. And it pays a dividend to the reason why I'm bringing them this one up now is I was just looking through it through my brokerage account of looking at what's up and down.

We haven't talked about this one for a while. It pays a dollar 20 a year dividends, not like it's a huge dividend. But it's just one of those stocks that I've owned forever plan on continuing to own forever. This is a five-year charter, zoom it out more. This is a ten-year chart. I mean, there's no quick rips or depths.

We had that COVID of course, but generally speaking, I mean, it is a very study stock. It's a highly embedded stock, right. It's tough to work out of the economy. Um, you know, people are going to say crypto could be the thing that would, but I mean, come on, but let let's, let's give it a little bit of time there.

Um, But, but visa. Great, great, great stock to sell. Puts against as well study income. You don't get a ton for selling the puts, but again, if you could assign the shares, uh, you're buying the stock below whatever it was trading at whenever you sold the puts and, and you're owning a very, very steady tried and true stock it's is a core holding in my brokerage core holding and we never talked.

I mean, yeah. I think the, the, the credit card industry has been huge. We'll see a lot of these continue to grow. Um, why do you prefer visa compared to some of its competitors? I see MC in their MasterCard. No, no reason to tell you the truth. Okay. Now I have the reason look at this. So here's the 10 years.

Oh, I didn't hit, see, wait, what's mastered. Oh wait. Oh, I'm a that's right. I'm a very similar chart. No reason. I guess, to tell you the truth visa is a stock that visa or MasterCard. I don't know. I think it would be so let's see. I think I have both. I got two. I have a work card and a personal card on me.

Yeah. Both visas. Wow.

I have a master Sarabi when we go to Orlando on the eighth. So does that two weeks from today. All right guys, two weeks from today, producer at AB and I are going to hang out in Orlando for a few days. You all should seriously consider coming. It's going to be a lot of fun in twit. Ju Jonah Lupton. It's taken us two.

Wait, is it over a weekend? Yeah. Frick. Yeah. Yep. Friday to Sunday. Exactly. We're going to get in Friday night and come home Sunday night. So I'm saying everybody should come hang out with us. Uh, but, but you want to be fun. AB is I've been banking, credit card points, all of COVID. We should just blow them all in, in this, this 48 hours.

Can they be just on like $3,500 of points? Will you get the bus flight around and then we'll get the, yeah, we'll get a suite hotel room. Anthony. Anthony will be there. Anthony, let us know. Um, anyone who's planning on going, uh, shoot us an [email protected] and I'll make sure I pack a bag of swag.

Um, yeah, there you go. Yes. Even if you're not just registering now, please email sh uh, power. No, do let's do power hour because I'm on that one. Female power hour happens in the.com. Both a and I. Um, I just don't want to overload your inbox, but I got to make sure with Luke beforehand, that I'm good to, uh, you know, check a bit or I can't, what if the only thing I bring down Luke is like a carry on full of Benzinga swag.

And then I don't have anything, any, any room left for my own gear. I'm fine with that. And if anybody has feedback for Benzing, I'm dropping a number in there as well. Uh, you know, go ahead and get that number of. Um, and share any feedback you have for us, but our AB our time has come to an end. Our time has come to an end coming up.

We have get technical, uh, mark Petrino the D. Of Benzinga trading school is going to be joining us. If you haven't heard about Benzinga trading school, stick around, um, to get technical, we're very excited to launch this, um, and we want you to be a part of it. So we will get that going on. Get technical right now without further ado.

Oh, here we go. Trading school dude starts next Monday. Drop that in that I'm putting the link in the chat, right? College style lessons for trading it's it's kind of damn. And I pasted the wrong link. It's the first time we're doing education. It's going to be college style curriculum. I'm a 110% in. Yep.

All right. Well, well, if you want to learn more about it and how to get a great deal, uh, as part of the inaugural class, maybe a, a fancy little Benzinga diploma, join us on, get technical. We're going to go ahead and start. Right.

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

BENZINGA CANNABIS CAPITAL CONFERENCE

The premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.

Speakers will include $SNDL and other major Cannabis Companies, for more information visit https://www.benzinga.com/events/cannabis/

Episode Summary:

Thursday Trades

Stocks talked about on the show:

$INTC $UPST $SOFI $SWBI $VIAC $STAB $NGTF $SOVO

Guests:

Daniel Creech Curzio Research 2:00

Statera Bio CEO Mike Handley $STAB 10:00

Nightfood CEO Sean Folkson $NGTF 30:00

SOVOS CEO Andy Hovancik $SOVO 45:00

https://www.curzioresearch.com/

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

• Subscribe to all Benzinga Podcasts here
• Get 20% off Benzinga PRO here
• Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript

All right. All right. What's going on, everybody having. Whew. We are back at it, wine and down the end of the week, another dreary to Detroit day here behind me. I hope everybody's got a little bit more sunshine than we do. It's also very cold. I'm now wearing a light jacket in the morning, but what's going on guys.

Market is ripping again. We are back to where we were before that Monday sell off, you buy the dippers out there. All of you by the dippers. I was not wanting. Congratulations to you. Round of applause, pat yourself on the back, you won a game. Uh, you know, I'm going to go ahead. Let's just look at this, this chart aspire really quick for a second, and we're going to zoom it out to a year and then we'll go to five years.

Uh here's the one year chart is by, by the day. Tried and true. Uh, here's a two-year charter spy by the dip tried and true five years. All right. I guess at the, by the dippers, just always seem to win this one. Uh, but what's going on guys? This is the power hour. This is the trade idea show. That's why we spend this time together every single day.

So if we are not delivering on ideas, call us out. You are empowered to do that in the chat. We're going to get rocking and rolling. Uh, first op we're bringing in Daniel from Curzio reading. Good. Good, good friend to Frank over there. Uh, and Daniel's going to be dropping some ideas on us. He's gonna be talking about the China situation a little bit, I believe.

Uh, and then we, we have three public company CEO interviews today. Jam pack guys. Okay. Three public company's CEO interviews. A lot of them may be stocks that you're not familiar with. I'll give you the tickers there. S T a B N G T F and S O V O. Uh, so, so again, S T a B N G T F S O V O a, but without further ado guys, uh, let's go ahead and bring Daniel from Curzio research in there.

And when you, if you have takers, drop them in the chat, uh, I see, et cetera, ETCs already go and he's got his affirm on there. He's got his hymns on there. Um, and, and, yeah, let's get these in here. Solar ops. We're talking about the cannabis. I am not in any of the cannabis stocks now, but, but, but maybe I ought to be, but let's ask Daniel, Daniel, are you in any of the cannabis names?

Um, not right now. No, but, uh, they've been coming across the headlines a lot. And first of all, thanks, thanks for having me great to be here. Um, but if I were to look at something in full disclosure, I don't have it and I've been kicking myself, but , uh, if you want to pull that up, there are basically a roll-up company that does a medical marijuana and the facilities that they're going to use to produce and grow and distribute.

And that's char has been absolutely beautiful from an investor standpoint. Five-year chart. Yep. And, uh, those guys, uh, I believe it's wall street guys that just got together and man, they they've just been knocking it out of the park. So that's the one that I would look at first, other than the big names Tilray and those et cetera.

But man, a friend of mine gave me that under a hundred and I just kept thinking, all right, I'll wait and wait and wait. And, uh, that's, that's frustrating, but that's investing that's okay. Uh, and, and Daniel, but before we hop into it, uh, give me a little bit of your background. Tell us, tell us about your trading investing career.

Um, and then let's dive into some time. Absolutely. So I joined a Frank Curzio here at Curzio research. Uh, coming up on four years. It'll be four years this October next month. And my background before that was, I started in the brokerage business as a financial advisor, uh, had series seven and 66. Then didn't enjoy that.

I like the research side, but not the front office standpoint. They believer in savings and investing. And on the saving side, I'm big into whole life insurance as a, as a wealth management tool. I know that raises a lot of red flags and always gets a good conversation started, but that's for another time, I can argue that until I'm blue in the face.

And, uh, then when I was listening to Frank's podcast and following him through his career, and when he said that he was starting his own shop and wanted an analyst, I threw my hat in the ring and here we are going on four years. Uh, and give it, give us the short insurance pitch. The short insurance pitch is if you're disciplined enough to say, if you compare a whole life insurance policy to a bank account, there's no other product out there that is quote unquote as safe and reliable.

And it gives you the opportunity to earn interest as you use your money. And there's a big difference between the interest you earn and the interest you pay with the flexibility on that. It's a fantastic wealth building opportunity over the long term. It's not a trading deal. Uh, if you're, if you're old right now and I don't mean to be rude about that, uh, that's what, you know, everybody thinks they're too old for everything these days, but, uh, if you're anywhere under, I'd say 50, you ought to really give it a look and most policies are set up.

In favor of the insurance company, meaning higher commissions, and you can split those premiums up and infinite banking process. If you Google that, you'll, you'll see a lot of good stuff. Uh, infinite banking by, uh, Nelson Nash. I believe I'll tell my head as a great book to dig into. All right, there we go.

And if anybody has a question about the insurance side, dropped them. And I'll pass it along to Daniel, but all right. Let, let, let, let's get back to the stock side. What what's on your radar right now? What are you thinking about? We, you, you gave us a cannabis name to look at already, but, but what else?

Yeah. And that was driven by, uh, you know, if you, you guys are all market junkies. So as you're looking at headlines and everything, uh, the biggest lesson that I'm learning and, you know, I don't have a crystal ball or anything, but you gotta be able to decipher. News to act on and what to ignore. And when you just, when your market junkies and you see a lot of things coming across your desk or your eyes, uh, in my opinion, headlines around pot stocks kind of went away and now they're coming back and I say, they're coming back over the last month, at least in my opinion.

So, uh, and that's driven politically, uh, there's a lot of headlines about, um, there's a group of. I think there's a bill in the house or the Senate. I'm sorry, I don't, I'm on the fence there about protecting banks that do business with, uh, pot stocks, because that's a big red flag right now. Cause you still have this illegal NIS at a certain level.

I mean, it's kind of scary to think about, Hey, the feds can basically go in and shut anything down, but we're not going to. So we're in this process of, Hey, this is a law, but we're going to ignore that. Uh, we see a lot of that with politicians on both sides of the aisle. So that's not anything new. That's, you know, I look through the world from a political and economic lens.

Uh, I think everybody should do that because it literally affects everything in our lives, in reality, as consumers and individuals. Okay. Alright. And I'll, I'll draw, I'll throw mine in the ring too. I'm going to throw in the, the one that everybody thinks about, but till Ray, uh, Erwin Simon, CEO of Tilray founder of Hain, celestial, good friend of Benzinga.

Um, I, I, he he's, I followed his career for quite a while and he's just such an incredible operator. Um, and, and so if I had to pick one, I'm picking the track record of, of, of his, on the management side and that's where Tilray would be my plate. And that's great because you want to focus on individuals. I mean, when you, when you don't have an investment that you can control, so it's not close to the vest you want to invest in management teams.

Um, Frank talks a lot about that with, especially in the resource sector, you want proven management teams, you want skin in the game. So if that gentleman and you know him like that, that that's a, that's a check mark on the, on the good side for the teacher. Yeah, absolutely. All right. Well, what else is on your mind?

You know, Yeah, we'll go from a boring to exciting. So low-hanging fruit. Uh, Intel has dropped the ball for a number of years. They've let you know, their lunch has been eaten by their competitors. They have a new CEO and I'm going to butcher this, but pat gins learner, and he just took over in February of this year.

And I think that this is a situation where you can buy it and forget about it. I have a little bit of a full disclosure. You earn a decent yield. And I think that as there's more volatility in the markets, and if you see this transition from growth to value, like everybody's warning about or volatility, you're going to go into hard brand names, solid brand names with good balance sheets.

And they. Just have to quit screwing up all the time, in my opinion, to get a higher price, uh, the new CEO's got big ambitions. That's what I like to see either. They're going to invest a lot in fab centers, uh, semiconductor buildings over the next several years. And that's a huge secular bull market.

That's not going away anytime soon. So Intel, if it's not exciting, But I do think that that's the lowest hanging fruit out there on a, on one of the big, yeah. And looking at some of the multiples really quick. I mean, it seems like a pretty cheap stock. So we're looking at a forward PE ratio of 12. Um, I don't have the S and P 500 handy, average handy off the top of my head.

Right. At least in the twenties, uh, and then a price to sales, a 2.8 versus that one I know S and P average is, is a little bit over four. So, so it definitely seems like a relatively cheap stock. Yeah. And you can argue, I mean, the, the lower PE uh, forward P against its peers is warranted right now, because again, they've been dropping the ball so many times, so this new CEO starts to get some momentum, starts to prove that they can show results.

I think that you can see that P rice faster than the actual results in reality. Markets are always forward-looking and that's exciting. That can be good or bad, but again, you get a few, uh, you get a few check marks on this guy's side, and I think it could just take off and easily be, you know, 20, 25% and then kind of find that new normal and hang out there for awhile.

And again, you get paid to wait and are you really worried about Intel going bankrupt? I'm not, but you know, that's a good, that's a good hiding spot. And I don't think it's going to be dead money going from. Yeah. And check this out guys. I, I just, I just want it up an income statement really quickly. Uh, you know, th this, this top number that we have here that I'm trying to highlight, uh, th th this is quarterly revenue, and I mean, we're looking at like five quarters in a row with.

Literally no growth. Um, you know, we, we zoom it out to annual revenue and we're getting a little bit of growth there. Um, but, but not, not crazy exciting. I think that's what Daniel's referring to. Yep. Absolutely. All right. All right. What else you said you're gonna start pouring and taking. That's boring. So a upstart U P S T is the taker and a quick, uh, are you familiar with this company at all?

I am going to Lockton. Who's also a good friend of Benzing as is very, very hot on this stock. A couple of times to us it's been absolutely going crazy lately and quick, a rabbit trail here. You guys need to be going through 13 F filings. Uh, there's free websites out there and that's just great use the power of the internet.

We've never lived in a better time where guys like me on 35 can take advantage of, I mean, the amount of resource we have or the amount of information we have for free right now over the internet. It's just a huge step forward and it's just blind, dumb luck that we get to live in this period. None of us picked when we got to be born in order to get some of this information at all, you'd have to go to libraries, different things.

So take advantage of there's 13 S I was going through those, uh, Dan Loeb of third point. Somebody I really respect and you know, like to listen to anything he writes or says and read anything he writes. So I just saw this in a filing and I just went through ticker symbols. Um, they're in a major growth platform where the banking and financial services are using a lot of AI.

They have been for some time, but it's getting a lot of capital to flow into that space right now. So they do personal loans, consumer loans, and they basically go in and show banks, Hey, we can show you how to make more loans with a. Risk tolerance and a lower default rate. And why wouldn't you pursue that or look into that if you're a bank and that's a scalable business with all the loans and trillions of dollars out there.

And as you can tell, I would wait for a pullback. This is definitely a momentum stock. Uh, we were just talking about, uh, PEs with, uh, Intel. I don't know what it is off the top of my head, but it's gotta be through the roof on. All right. And, and I want to throw this one out to the chat to, uh, is anybody in this Docker to anybody get into the stock from the show?

Because when we first talked about it, it was in the seventies somewhere. I, this is the first time I've looked at it in a wild scene, three 40. I, I clearly missed the boat. Uh, but, but I'm curious if anybody out there caught the rip in this one. And so, so Daniel, I like, I like what you're picking up on it that you want to wait for for some of that pullback and.

Let's let the momentum co come to a close, um, with the model like you're saying is so good. It's so reoccurring too, right. Is once a bank becomes dependent on upstart for, for lending and being like a core part of that engine is as to how they're pricing and deciding who to lend to. I would imagine that that's impossible, damn near impossible for these banks to rip out of their operations.

Yeah, absolutely. It's, it's a sticky product and it's scalable. So as an investor, that's a great thing to have. So, you know, be, be prepared for volatility. Um, I, quick story. I told my dad about this around $95 a share, and I said I was buying it and I didn't. And he did, and I wasn't lying to him and it went.

50 or whatever. And now look at where it is. He didn't sell it. So he's very happy. But of course I was kicking myself. I think I bought a gold stock or whatever, which I'm still down on. Uh, but I said, Hey, you need to buy this. I should buy this, but I'm going over here. And he did. So that's good. All right guys, and check out the quarterly revenue on this one.

We're looking at four quarters of data right here on upstart again, sticker U P S T. We went from $51 million of sales to $194 million of. In four quarters. That's I don't know if there's other public company that operates at this scale that, that that's had that kind of growth. I mean, that's, that would be, if somebody out there wants to go run a quick stock screen, so set maybe market cap threshold somewhere, uh, or, or may set a revenue threshold outlet, like 50, a hundred million dollars and see if any other companies have this kind of growth.

I, I would imagine that that there's not one. All right. So, so you're making it more exciting. Do you have a third one for us? Yeah. Along the same lines with the financial platform online platform, a sofa Jeffrey's just came out with initiation yesterday. I've been watching this. It's been volatile as well, and they put a PR $25 price tag it, price target on.

If I, uh, if I remember correctly, which is damn near 50% upside from current levels. Well, depending on what it's doing right now today, but. You have a lot of money flowing into this space. It just makes sense from a standpoint and hell their name is on that, a beautiful new, however, billion dollars. It took to build that a football stadium out in California.

Yeah. That, that, that, that was definitely an expensive sponsorship. I guarantee that. Yeah, I see, I see I'm using my trusty Benzinga pro here, looking at the recent analyst price targets. Uh, you know, I see the Jeffries yesterday that you mentioned at 25 Mizuho out there at 20. And then the, the low of the street credit Suisse came out about two weeks ago at 16 and a half.

Um, and, and, and so, so BA basically, uh, is, is the thesis on this one? Daniel it's it's right. Space, right stock within that space. Yeah, absolutely. It's just, it's more of a momentum play. Uh, I liked the idea in general, but it's just when you have massive amounts of money flowing into that and strong brand types, uh, those are great for trading opportunities and then they can turn into long-term holdings.

Okay. Yeah. And I'm zooming into a five day chart right now. So it's what we're looking at. I believe our five minute candles, let me get a, from a 10 minute candles, five day chart. Um, and, and we, we definitely see that rip higher with the market yesterday, uh, in, in tack down another 2% so far today. So, so, and let me throw this one out here, but I definitely see this symbol come up if anybody has long.

So if I take her S O F I give me the one in the chat, if not give me the two, I want to get a sense of where the crowd is at on the. Uh, I I'm not in so far, but I do own a couple of the online brokerages. Um, one that I'm getting hammered in right now, uh, I've trimmed the position, but still have a little bit of a position in his tiger.

Ticker T I G R a. It's like, like the Robin hood of China, Singapore, et cetera. Um, wow. We have a lot of Sophie owners in the chat check this out. Okay. So a lot of people who like sofa, I can get behind that. All right. Okay. All right. Daniel, anything else for us before we gotta hop? Uh, yeah, if you want to have a fun, uh, political pick a Smith and Wesson brands, uh, they're a pure play on fire symbol on that one.

S WPI. Thank you. You can see, we impressed. So that was the first you're you're on stock number four, and I knew the first three. Okay. There you go. All right. SWB. So that massive spike there was after an earnings release, uh, they've recently, uh, I think right around the first of this month, September, they did their quarterly earnings, but that massive spike there, that what you can see on the chart is they blew out the numbers on the earnings release.

And then it looks like the Reddit crowd got involved because look at that massive sky high, I mean, that thing just went parabolic for several trading days. Uh, this is a pure play on firearm. I know that's a touchy subject politically, but when you look at the numbers, the FBI background checks and things are falling year over year because of the strong, strong comps that they're compared to during the riots and the 2020 and all that kind of thing.

But 50% of new gun buyers are women. Um, everybody I'm a small town guy. I grew up around firearms. So I'm biased as everybody else is, but I'm biased towards them. This is a company with no debt. They are. In a position to continue raising their dividend. Uh, it's not impressive. It's not a high yielding thing, but they are buying back stock as well.

And you have a solid company with an amazing brand name and you have a product that people are, um, you know, it's, they have a huge demand for their products right now, their backlogs or their inventories about an eight weeks, which is kind of where they want to management. They're going to have issues along with everybody else with supply chains.

When you get a great business in a fantastic financial shape and a well-known brand, um, that's, that's a good one right there. So, and it's got a decent short interest. So that, that spike that you see on the chart that could easily happen again. Alright. I like it. It's interesting. I have, uh, let me throw this edgy Daniel, then we're going to have to hop in a minute here, but here here's my take on the gun stocks is I feel like literally always, or at least.

Once a year for the last 10 years, there's like a shortage. And like, there just becomes this narrative, all of a sudden that there's a shortage on guns or there's a shortage on ammunition. And then just a ton of energy pops into these stocks. And you know what I mean? It's it, it just seems like, uh, like, I don't know, like I'm sick, I'm bored of the narrative.

Yeah, it does. I mean, and you're right. That does happen. I will tell you the biggest risk I see. This is, and why I think you have some short interest is you have such a political movement and like your major funds and investment companies like BlackRock and those, they have, they kind of shun these kinds of stocks.

So you have a great business. You have high profit margins, but what's going to be. The big guys from flowing more money into these stocks is political reasons. That's your biggest risk in my opinion, but yeah, you're right. They, they get hot. They could be used as tradable securities. So that would work out for your listeners, but I wouldn't feel bad about buying and holding this either, but yeah, if you want to trade the pops and, uh, you know, sell on the rips and buy on the dips, that's a great idea.

Right? Alrighty, Danielle, I appreciate you hopping on with us. How can folks stay in touch? Where should they go? What should they check out? Yeah. Uh, my email [email protected]. Be sure to check out Curzio research.com and our wall street unplugged podcast that we now do over Tuesday, Wednesdays and Thursdays every single week.

Alrighty. There it is. Thank you for joining us, sir, and dropping the ideas. All right. All right, guys. How was that? I see recurring theme of the chat and talk about Viacom. We will get the via, comes to your V I a C, but, but without further ado, w w we're we're going to keep the show rolling. Uh, we, we've got a nice slate of guests coming in for us today.

Uh, first up CEO said, taro, biopharma, Mike Handley. I'm going to go ahead and let's bring Mike onto the. How are you doing today, sir? Thanks for that. Absolutely. Uh, and, and everyone, the stock symbol is ticker. S T a B said Sandy tango alpha Bravo, Bravo. Um, long week. Um, but, but, but my, my, I I'm one for, for a good stock symbol.

You know, if, if, if a, if a company has a good ticker symbol that like automatically notches it up in my book, so maybe we could just start there for a second. Uh, why. Yeah. Interesting question though. Thanks for having me again. Yeah. Stab is a Sitara biopharma, obviously ticker symbols are a little hit and miss.

Um, we were going for sta T but uh, stab is memorable. Um, and it also goes with our tagline, take a stab at stopping. Right. So, okay. We think it's more memorable than most taglines. Absolutely. No, that's great. I love it. It's like some of the ETF funds, right. I read out to them to I'm like, I don't know how you guys pick the ticker symbols, but if there's like a group or like, you know, something you survey include me in there, I haven't gotten any responses, but I love the memorable ticker symbol for sure.

Absolutely. And, and, and Mike T taking a step back from the ticker symbol to the company. Uh, could you just give us a little bit of an overview on Satara for anybody out there who might not know. Yes, the terrorist, a, a company that just became public, uh, July 27th through a combination merger with Cleveland Biolabs, which was a NASDAQ listed company.

I've been running a state Tara since April of last year. Um, we, uh, talked to Cleveland Biolabs synergistic platforms. So we're most looking at immunotherapies and, uh, it looked like a good combination of two companies. So we combined the two companies officially July 26. Or July 27th. Yeah. And I've been trading since then, and I've been working with circuits and getting visibility for our pipeline and we're about ready to initiate some Wade stage drug programs, uh, that we're really excited about that should help patients and deliver some new immunotherapies to the field.

Excellent. And Mike, you, you, you, you mentioned, I think it was April, 2020, that, that, that, that you joined the company, is that accurate or that you've been running it. Yeah, I've been running it since April, 2020. We've done two acquisitions, um, raised or secured over a hundred million dollars in gone public.

So it's been a busy what? 17 months. Yeah, no kidding. So, so, so, uh, the, the next question I have is, uh, is on background and, and I, I sort of have two pieces of it. Um, and, and you can pick the answer one, one, or both, uh, but, but either what, what was the impetus for the company? Or can you talk a little bit about your career prior, prior to.

Yeah. Yeah, I'll answer both. So I've been in front of biotech for 24 years of running companies for the last 15 years. I'm very interested in the biotech space. Immunotherapy space started off at Amgen Genentech, which are the two big giants and biotech, of course, Genentech bought by Roche now, but Amgen still, uh, independent, uh, took over 17 products to market.

You know, raise close to half a billion dollars and, uh, Brandon's is the terror. Like I said, April last year, they had a very interesting portfolio and uh, thought, um, this would be a great public company, a great opportunity to get some drugs, to some much needed patients, um, that don't have any other alternatives that are.

Uh, so very excited about our platform, multiple shots on goal. We've got a great story and it resonates well with the street, from our interactions and our non-deal roadshow we've been doing. So we're very excited, better than current position. Okay. And I'll, I'll pick up on that roadshow comment that you made, you know, and w when you're going out to wall street and you're talking about the company, uh, you know, what, what aspect of the business is, is getting investors most.

Yeah. Great question. So if you follow the biotech sector, we've seen immunotherapies just exploded in the past five years, I'll use two examples, Humira, which is a TNFL Footlocker sells about $19 billion a year. What's number one, uh, drug selling in us. And I think the world, and then you look at Keytruda.

Merck's drug is a PD, one PDL, one inhibitor. It sells at 13 billion. It's also. Um, our approach to immunotherapies is a little bit different than what big pharma is doing. Those particular drugs suppress the immune system, uh, as in Humira. And they do that, um, to account for, um, uh, Crohn's disease, IVG rheumatory arthritis, and then the cancer drugs take the brakes off your immune system.

So in effect, our narrative to wall street is the current immune therapies out there or. And they're generating a lot of cashflow and they're helping patients, but they also come with a large amount of side effects because you're suppressing the immune system. Um, in the one case with the Humira and other TNF, alpha blockers and the other cancer cases, you're increasing the probability of hyper inflammation in those patients.

And that's been a cause and a concern and a warning for Keytruda, both great drugs, uh, both help patients, but we think there's a better way of doing immunotherapies. And that's what we're telling the street. And they're gravitating. Okay. And can you talk to us a little bit about him? Question in specifically the integration stuff.

Yeah, I'm close was the second company we acquired. Um, they're a research driven company with, uh, cashflows and, uh, we're in the process right now of integrating them into our R and D platform. And they're working on our second gen, uh, immunotherapies. And we've got a couple of, uh, potential interesting candidates we're working through, but the inquest simply adds to.

And, uh, we're building, I think one of the more interesting and the largest tool, like reception pipelines, um, in the U S if not the world, and that provides us with, again, a lot of shots on goal and a lot of ways to help patients. Okay. And I guess maybe taking a, a step back or a step higher than, than, than inquest specifically.

Uh, but, but how do you see M and a fitting into the company's roadmap and why have you made the choice that, Hey, that that's the route that we're going to pursue to really grow. Yeah, I'm a firm believer the, uh, Biven bill, right. It's a lot of companies out there that have interesting technologies or platforms that would take me, you know, months to years to replicate the same thing and a much higher dilution to our shareholders.

So, um, being opportunistic, looking at companies with the us. Uh, or complimentary or technologies that are complimentary. Um, we'll definitely use our public stock as currency. And like I said, we're well capitalized and we'll be opportunistic about what we go out and acquire, but it's definitely in the mold of our strategy going forward.

So look at M and a, and be opportunistic about increasing our pipeline, both depths. Okay. And Mike, let, let, let me ask you one more question. And this one is always a tough one. Uh, but, but if you had to name one, one thing that you're most excited about, so somewhere on the roadmap, what, what would that one idea.

Yeah, great question. Everybody asks me, um, obviously cancer therapies are near and dear to everybody's heart. Everybody knows a relative or friend that has cancer, and we've got some very good cancer therapies for developing an adjunctive treatment. Um, but probably the drug program I'm most excited about is our Crohn's programs.

So what we've seen in phase two data is, uh, double the rate of remission in patients who take a once a day world. So current standard of character, marrow, injectable, biologic, um, you get a remission rate of in the low thirties. Um, our what our data, what we've seen is about a 67% remission rate, four weeks, once a day dosing, that is very compelling.

And then the other thing I'm really excited about Crohn's is currently for pediatric Crohn's patients. There's nothing out there that, uh, Works. Well, all of that is black box warning. And as kids develop their immune system, it's really hard for them to be on these biologics, like Humira, Stelara, and Remicade.

So we're running a phase three pediatric study that should kick off by the end of the year, um, in, uh, pediatric Crohn's patients. And we believe this will be a viable alternative to all the kids out there suffering from Crohn's disease. Awesome. Mike, I appreciate you taking the time to come on with us today.

CEO said Tara, a ticker S T a B. And as I said, I do love that symbol and I love the memorability of it. If that's even a word, digging a stab at cancer. Awesome. Yeah. Appreciate it. Thanks for, thanks for your time. Have a good day. Absolutely. You as well. All right. All right, producer, Amy, what do you think.

Love it love the company. Love the ticker. Great to have Mike on. Um, but Luke, we have an absolutely packed power hour show. Today. We brought on Daniel from wall street and unplug. We brought on my from Sitara buyout. Now it is time to bring on Sean C Sean folks and CEO of night food. Um, so without further ado, oh wait, wait, wait.

Celsius is a hundred bucks. No way. Wait, did we ever get the video of Jonah shock? He said, he said he was going to shut you down. He did it leap and you're sleeping on Celsius. Sorry. Um, yeah. And then you also saw the news that Jonah said a Celsius is sending us some, some drinks to Florida for the conference.

Yeah. Guys, if you want to come hang out with me and producer a B in journal up them and put the link in the chat, come say, hi, it's going to be about. That's really the only thing that's keeping me going at this point. So there you go. It will be a good time. Um, all right, Luke. Well, without further ado, I'm going to go ahead and bring Sean folks in on the show.

Sean CEO of night food. Thank you for joining us on the Benzinga power hour. How are you doing on this beautiful Thursday? Great. My pleasure. Happy to be here. Great to have you, um, before we get started, do you mind just giving some, uh, background on the company for maybe some of our audience that may not be familiar?

Sure. So across the country, On any given night, you've got over a hundred million people that are snacking in between dinner and bed. Uh, the most popular choices tend to be things that are loaded with excess fat, excess sugar, excess calories. Cause that's what we're hard wired to create. So you've got all these snacks being consumed, and they're not only unhealthy, but they're actually disruptive to sleep.

When you eat the wrong things before bed, it can impair your sleep quality. So knowing that so many people are snacking at night on a regular basis, what night food does is we deliver healthier snack options that are specifically formulated to satisfy those nighttime cravings, but do it in a better, healthier, and more sleep friendly.

There's plenty of companies out there over the last 10 or 15 years that have launched and had a lot of success with better for you snacks, which are generally healthier in terms of, you know, protein content or sugar content or caloric content, but only night food has looked at. Knowing that people are snacking within that hour or two before bed, what should we be putting in our bodies and what shouldn't we be putting in our bodies to make sure that we get the best night of sleep and sleep is becoming more and more of a challenge for a lot of people, uh, especially now with COVID.

So we think the timing is great, and we think there's a billion dollar category to be had here in the category of nighttime. So is this something, I guess that took a lot of, you know, scientific research on, on night foods and to figure out like what it is specifically about, um, you know, what's in typical ice cream that can disrupt someone's.

Well, I mean, there's been a general consensus for quite some time, and there's been a lot of research over the years. Uh, you know, excess sugar, uh, fat and calories are problematic. Um, you know, there are certain nutrients that can be beneficial, magnesium, calcium, zinc, vitamin B6. Uh, so the research really existed.

Uh, and when we launched our, our challenge was. You know, to formulate a great tasting product, uh, with all these ingredients that can satisfy those cravings in that way. So, uh, really we stood on the shoulders of the existing research, which was out there. And it's really interesting because with so much snacking already happening at night.

See, this is, this is not a behavior. That's, uh, it's not a trend. It's not a fad. This is how humans are wired. We're wired to crave these things at night, so it's not going away. So there was a lot of talk and a lot of research before we launched, but nobody had ever launched a product into the category, which we thought was really interesting.

Now we've got Nestle, we've got Unilever, we've got Pepsi. They're all talking publicly about this category. Um, but, but we're the only ones operating in it. And so the challenge for us was not really to figure out what our snacks should be. An ice cream is the first, you know, what they should contain. It's more about really educating the.

Got it. Yeah. And I mean, it sounds like, I don't know if it's fair to say, but you're kind of, um, you know, hacking the human, like hardwiring of wanting to crave these things, but then we, you can eat these things, but in it, and it tastes like what we're craving, but it doesn't have those kinds of detrimental effects on sleep.

Is that. Yeah, that's exactly right. I mean, you know, th the reason we crave these types of things at night is because putting extra fuel inside your tank before fasting is a survival mechanism that really served well, you know, the caveman ancestors, uh, you know, if, if they didn't have the resources, if they didn't store excess fuel inside their body, in the form of calories, they were less likely to survive.

And specifically before the nighttime fast, that's when those cravings, that's why appetite peaks. Um, so yeah, what we're trying to do is, um, make sure that, that when you do give into those cravings and most people do that, you're doing it in a way that's beneficial and not detrimental. Got it. Um, so real quick on the business side, um, I understand.

Uh, you know, you guys do a lot of I'm on the website right now, a lot of direct to consumer. Um, I see, you know, shipping is only 6 95 for an eight, eight pint order, but what about all on the B2B side, on the business to business side? Uh, you know, where does night food stand as far as with partnerships with, uh, you know, places like hotels and chains like that?

Yes. So, so from a retail distribution perspective, we're in divisions of Albertsons we're in, uh, almost a thousand Walmart stores across the country. And other supermarkets and we're expecting to add quite a few more supermarket chains, uh, in the spring. You know, those meetings that are going on right now and things are being finalized, but the real cab.

And what's going to be happening in the next few weeks and months is the hotel launch. So we were making a big push into hotels prior to COVID and then obviously COVID slowed things down quite a bit, but, uh, in the hotel environment, you know, everybody's been in the supermarket and you see there's there's six or eight doors of ice cream.

There could literally be hundreds and hundreds of different varieties, different skews in there in the hotel environment, you've got a consumer that's typically purchasing for more immediate consumption. Our packaging, as you can see there says sleep friendly right on the front. We sell very well in the hotel environment in the past, we've sold pint for pint with Ben and Jerry's pint for pint with hogs.

And we got contacted, uh, late last year. One of the leading global hotel brands just conducted and completed a test of night food in several of their hotels. And the test went very well. And what that's going to lead to is a national rollout of the ice. And what we believe also could be the ability to very quickly introduce additional product formats into that hotel environment.

So the product sells very well. There, it's a great opportunity to capture high margin businesses, much more profitable than the supermarkets, but it's also really supportive. Of the supermarket distribution. Uh, we've seen, um, we've seen RX bar get into gyms and use that gym distribution to support their supermarket rollout.

And then they sold to Kellogg's for $600 million a couple of years ago, Oatley also, which just IPO a few months ago, they very publicly stated their strategy is to roll into coffee shops. They've got to deal with Starbucks. Consumers will interface with the brand in that environment. And that will build trust that build awareness, and then the consumers run into the supermarket and start buying the product.

So we think the hotel piece, obviously it's going to be great revenue contribution, great profit contribution, uh, but also really, really supportive of our supermarket expects. Yeah, that that's good insight there as to how you can kind of raise brand awareness through some of these, uh, B2B deals and that way, um, you know, bolstered the, the B2C sales as well.

Um, so, so you mentioned some other of the big ice cream players out there. Um, do you see Knight food as a potential, like takeover target down the line? Uh, I do. I think it's, I think it's going to be inevitable. I think we're going to force their hands. You know, uh, when you think about it, Nestle and Unilever are the two largest out there, and they've both publicly expressed interest in this category.

And, you know, especially being in the hotel vertical, it's really going to cement us as, as the category king and the category leader, you know, we've seen five-hour energy still sells over well, over 80% of the energy shots in the country. You know, every, everybody in the energy drink business just about has launched a shot and five-hour.

Just swats them away. And I think, you know, if we play our cards, right, the same thing will happen in the nighttime nutrition space. And specifically being in the hotels makes it really hard for somebody to come in and try to outflank us. It's a lot easier to do if you're relying strictly on supermarket distribution, there's a lot more opportunity for the big players to come in and try to push us around.

But in that hotel space, I think it's really going to insulate us quite a bit. Um, it's also going to really accelerate. Um, our growth curves so that by the time anybody decides they want to get in, we're going to be running out with really tremendous revenue growth as we scale into the hotels. And, you know, even if the first company decides they're going to try to launch against.

Then what is the second company going to do? Are they going to play for third place? Are they going to try to require, uh, the category pioneer? So, um, I do think it's inevitable. Uh, you know, we've got some revenue targets that, you know, when we hit those, everybody's going to have to decide how are they going to.

One thing. I didn't mention almost half of all snacking takes place at night. This is not a small niche. This is not five or 10%. This is almost half of all snacking. And it's not just Unilever and Nestle. Everybody knows about this Mon delays and Kellogg's, and Hershey's any company that's in the snack space.

They know when the Oreos and the Doritos and the Ben and Jerry's are being eaten. And once we show that consumers are wanting and willing to make a small change in order to support better quality. Right, which is an easy jump for any consumer to make. Once these big companies realize that, then they know that the whole landscape of the snack category is going to change.

You're talking about almost half of all snacking up for grabs. When all these cookies, chips, candy and ice cream are being consumed between dinner and bed. I don't think they're going to be able to lay off. I think we're going to be fielding. I mean, we've already been contacted by some of the companies, um, at least one of them that I mentioned on this call or.

Um, I think the phone's going to start ringing once we start to really scale our revenues coming up. Got it. Yeah. That's exciting. I guess a, you know, a follow up question on that would be, how would you, uh, you know, quote unquote, you know, force their hands, as you said, you know, like what's to stop, you know, Unilever or, you know, uh, Ben and Jerry's whoever it is from going out and trying to develop their own sleep friendly.

They could certainly do that. It's really not the way things are done. I mean, there was nothing stopping Kellogg's from making their own, you know, cleaner labeled bar. Uh, there was nothing stopping Hormel, which already owned Skippy, peanut butter for making their own organic brand. But no, they acquired Justin's.

Um, and, and up and down the line, you know, uh, it's just not the way things are done these days for them to try to launch against us when they see a category pioneering. Growing at, at, you know, an exponential growth in a category where there's obviously going to be one king and lead player acquisition is the only way to go.

Um, everybody else is going to be competing for second place and they all know that. Got it. Um, all right, Sean. Well, thank you so much for joining us on the power hour. Uh, but my final question thought would be, have you ever thought about doing a 180 and maybe making a caffeinated ice cream for breakfast?

No, no, I've never heard about people have said we should make day food as well as night food. But you know, you look at the NyQuil analogy, right? And yes, they, they do make DayQuil now, but, but by, by, by commanding a specific day part, Luna bars, another great example when cliff made Luna bar as a protein bar for women, people said, Hey, you know, you're, you're eliminating a portion of your audience and the same thing with Nike.

Uh, back in the mid to late sixties when they launched, but there's a lot of power in that kind of focus. And by being the company about nighttime snacking, when I was half of all snacking takes. At night, there there's power in there. We don't feel that it's limiting at all. We feel that it's laser-focused and it's not only going to be, uh, be more powerful in terms of our ability to grow, but it's going to present a more powerful, uh, value proposition to, uh, investors, whether that's our, our day-to-day shareholders or ultimately other conglomerates that might choose to enter the space through acquisition.

Got it. Well, Shawn, thank you again for coming on the show today. I look forward to having you on again, anytime night, food has some exciting updates or news. We'd love to have you back on to kind of, uh, you know, bring that news to her. Fantastic. Thanks for having us. I know you mentioned Celsius hitting a hundred, you know, I've been studying Celsius.

Um, you know, the, the chart is amazing and you see, there was years, you know, they were cranking away and the stock didn't move and now they're really getting rewarded in the marketplace. So congratulations to John and the whole Celsius team as well. Yeah, of course. You, you, you mentioned the chart, you a trade stocks.

I don't, but I, I do feel a lot of questions from investors and certainly, you know, I'm studying Celsius to see, okay, you know, what, what was going on during those years? Where were, were, wasn't moving, you know, what changed? And, and it's a really, uh, really amazing thing to look at, but now I only do it because, because I'm asked.

A hundred percent of my net worth is in night food. And, uh, my, my wife and I are okay with that and my kids. And we're very excited about. There you go. Who knew, who needs diversification. All right, Sean. Thank you for joining us. We'll be in touch. We'll be in touch. We'll we'll have you on again soon.

Thanks so much guys. A B I was, I was late for that. Um, but. Aye. Aye. Aye. What I want to say. It was also in the chat, which was, uh, someone who, who said this in the chat. They have very cool labeling. I feel like a, uh cause I, everyone always like, whenever you take like a marketing course, they always say, oh, labeling and packaging is so important.

And I think, oh, that doesn't work on me. And then here I am. I'm like, oh yeah, they have, they have cool label. I might try that because all that stuff, if that works is done on the subconscious level. So you're not actually. Um, you know, consciously saying, oh, I'm going to buy this because it's got better packaging, but you subconsciously do, did you not?

I may have missed it. So I apologize. Did you ask for, for free sample? No, I forgot to do that. I don't know if Sean can still hear us, but if you can, you can email email, I'll send you our address and we will gladly take some free samples. Um, yeah. Spencer, the only question you caught was mine about the, the morning ice cream.

Hey, if they're not going to do it, that might be a whole, whole new market out there. Can they, can they, I don't know if you can ship by stream in the mail, whatever, whatever, and you missed it on the, on the website eight by eight pints. It's only $6 and 95 cents. It's a great, I was preparing, I was preparing for our health care conference negative next week.

So I apologize for, but I'm here now. I'm here for our next, our next guest, which I'm excited for AB. Um, we have Todd Lachman, who is the Sovos CEO. It's very exciting. The company is IPO in today. Um, and, and we are getting fresh new public companies on the Benzinga power hour. Nowhere else. Can you go on YouTube to find content like this?

So smash the like and subscribe. If you haven't already Spencer, without further ado, let's bring Todd on this. There is that guys doing great to be with you today? Yeah, Todd, I'm sure you're very busy today with Sovos IPO in. Um, are you joining us live for I'm from New York? I am joining Vive from New York.

Uh, the NASDAQ tower right here. Wow. How's the day going so far busy, but great. Uh, honestly guys it's, uh, I mean, what an exciting. You know, for, uh, for so most brands we're thrilled. Uh, know, we're just thrilled for the journey ahead. It's like to tell you more about it today. And so maybe let's just start with what, what, what the company is, and then I'll, I'll get to my, my, my real questions.

So look here. Well, I've been in the industry for awhile, so throughout my career, Plus year time. And in CPG, I was, you know, across brands, categories, companies, geographies. I was always struck by the fact, you know, that you've got these smaller on-trend brands growing at the expense of the largest brands in the store.

Some people call them challenger brands, disruptor brands at Sovos. We call them one of a kind brands, but I, I felt that there was an opportunity to create a company specifically suited in order to. Uh, have the talent, the culture, the capabilities, the infrastructure, to build a portfolio of these, one of a kind brands.

I mean, w we look specifically for brands that have tastes superiority strong, consumer affinity, high quality ingredients with a cleaner label and authenticity at their core. And that's what we have with Rayos Michelangelo's Noosa, Birch benders, fastest growing food company in the U S uh, outperforming our categories by 25 percentage points.

And the journey is just. Okay. Since we were just talking about it, uh, and I didn't get to ask our last guest, I'll ask you Todd, just about packaging and labeling and branding and, and just how important on a scale, like one to 10, how important is that for you? On a scale of one to 10? I don't know if it's, uh, it's, it's really important.

Um, I don't know. Let's say it's like, let's, let's say it's a, you know, a seven, eight, you know, kind of what you're talking about, but what's, what's interesting. I think it's more important, uh, for brands like ours that are premium priced high quality. The difference is so different. What's in the jar that, you know, that is the most differentiating aspect for us.

The package is. But what's doubly critical. Let's take a brand like Rayez. You've got whole Italian peel tomatoes, fresh basil, fresh onions, olive oil inside that jar, slow simmered and cooked and open kettles. And you've got the market leaders with paste and added sugar and added water and canola oil. So just to kind of highlight the difference in our products versus.

The difference of, uh, you know, once they're, so with us, the reason we're able to command a premium price. I mean, Rayos is three times the price of the market leader Rayos is growing at 42%. We're almost the number two brand in the category and the market leaders are flat to declining. So what's in that package is really the magic that's delighting consumers.

So, is it mostly, you know, brands under the Sovos umbrella? Are they mostly, um, you know, healthier alternatives organics, um, or is that just happens to be the case with a rail? Sure. No, all our brands, we look for brands with high quality ingredients and cleaner label. Let's say Birch benders has an organic offering, a high quality ingredients.

Uh, basically almond flowers, tiger, nuts, uh, you know, all sorts of high-quality ingredients in those products. We have organic, we have a keto and paleo offering keto and paleo Birch benders, pancake waffle mix, two of the fastest spinning items. Then you've got a brand like new stuff, whole milk, real fruit, north American wildflower, honey, with a proprietary process.

I mean, this is a great example of guys that, you know, we're, the category is going one way. How much taste can we take out of the container? We're looking at, see how much tastes we can put into the product. And that's why consumers are flocking to new Senate's it's growing well. Well, ahead of the category, very differentiated.

Oh, go ahead, Spencer, go ahead. Have you, or maybe down the line, have you guys ever sold like individual brands to maybe market. We, we have acquired we've averaged about four acquisitions a year. We have not invested in asset. We have no plans to we're building a portfolio of one of a kind brands. And quite honestly, we have, uh, you know, plans to acquire more brands in the future.

Uh, Y you mentioned the term CPG consumer packaged goods. Why would a consumer package goods company IPO right now? Why. Sure. Well, I, you know, I think just speaking for Sovos brands, we're of the size, you know, the scale, the profitability level, then it's appropriate for us. We've been, uh, you know, we were founded four and a half years ago.

We're a $669 million of sales growing at 31% were profitable. This is not a story where I'm saying, Hey guys, I'll be back on in five years when I am profitable. We've been profitable from a, from day one. Uh, you know, so I think at this level, and then look at it, it provides us with, uh, with the balance sheet and the infrastructure and, you know, the sort of widen the aperture to whether it's talent, acquisition, future M and a it's just, it's the perfect time, honestly, for, uh, for Sovos to become a public.

Got to ask you about the Al green in the room, which is just, um, uh, the impact that, that COVID the pandemic has had and on everything, right? Uh, whether it's supply chains, whether it's labor costs, uh, whatever. However, you want to answer this question and take it, but like what, what is the impact that the last year and a half has had on your business?

Sure. So. Look, I mean, I think there's a few things that, uh, if you just think from a brand perspective, we have brands that have that taste superior brands that have strong consumer affinity with the type of ingredients that we have. They have a higher propensity to stick in a household after trial. Then highly substitutable me to mainstream brands.

So we have gained the amount of trial that we've gained over the past 18 months has been prolific just during this, this horrible pandemic. And if you look at a brand like ratios, our penetration is double from 5% to 9.6%. That's why the brand is growing at 42% last 52 weeks versus, you know, the. You know, flat.

So, uh, you know, what we've seen is we're gaining trial of our, you know, of our premium brands and they're sticking in the, in the household clearly from a supply chain standpoint, uh, you know, just like everybody, we've had to be really nimble and tenacious and keeping our products and supply. And I'll, I'll tell you one thing we're in a year, as difficult as it was in 2018.

And a company of our size. We've got vendor of the year at target and supplier of the year at whole foods. Wow. Because you know, one of our core guiding principles is obsessed with the front line. You know, we're the more time we can be focusing on our retails or on the consumers, on our frontline heroes that come to work every day to make our delicious products.

Uh, I mean, that was a real, a Testament to the fact that, you know, our, our phenomenal employees are working so hard to keep our customers in. So Todd, I don't know if you have kids, but it's oftentimes hard to, uh, to pick a favorite kid, but I'm going to ask you, I'm going to ask you to do it here out of the four brands, uh, currently right now under Sovos, which one is your favorite?

Or maybe what's the most popular in your own household? Yeah, I do have three kids and we always joke about which job I'm not going to ask you that question. I'll ask you, Kyle Paul and Isabel are listening today. So I will, I won't treat. But, uh, I apologize. I'm going to tell you right now that I've got four outstanding children.

So those portfolio with those, with Noosa, with Birch benders, uh, it, look, you got a brand like radios. That's changing the sauce category forever in regards to whole tomato sauce, you have nuisance. Is there a category in and of itself, it tastes, tastes like yogurt. And then we couldn't be more excited that we just added Birch benders to the, uh, to the portfolio, the fastest growing frozen waffle they're a brand.

We just launched it into the baking mix aisle with some Quito offerings. So, uh, for four great children in the, uh, in the Soho's portfolio. Oh, favorites. Todd, is there a product category you're not in, but you very much want to be in right now. So great. So I'd say number one, we were at about seven categories.

Now. We really like the categories that we're in today. I would say I'm not going to choose a category, but I would say that there are categories adjacent to ours or close to adjacent to ours, that we also really like, we, there are other sleepy categories that are in need of disruption or are being disrupted today by other brands that we would love at some time to add to the Sovos portfolio.

So, you know, Some companies are sort of attracted to the category. that? Wow, this is like the place I've got to be. I'm not going to name that area, but there's, some of those were, you know, we're sort of looking at a different direction or those categories that, that, that are right for disruption. I'll tell you a category that we entered with ratios with soup.

Everything is in a can. Why can't it? The consumer gets sued. That's not an, a camp. Well, until Rayos came in with glass jar. Absolutely delicious meal and a jar consumers. Couldn't get Superdome in a jar and now they can see that great delicious soup. And it's the, now the number five soup brand and only 18 months.

Uh, last one for me, you mentioned you're in a target you're in whole foods. I assume you're nationwide. If you're in both of those locations, have you considered direct to consumer model? Sure. So we, uh, we're partnering well, their customers, whether it's clicker collect and on their retailer e-commerce programs, we do sell an example of what we do sell direct today.

If you go on rails.com, we have great gifting baskets. We have some super premium rails, limited reserve products. So aged balsamic, white truffle marinara. We do sell a direct some, uh, some super premium, super, super premium products on the, uh, on the, on the radio site today, as well as, as well as Birch benders.

So, um, we do have some experience and, uh, in that area, but not for the, the, the main, the main products, the main products are on only in stores. Uh, the majority. Yes. Okay, cool. All right. I, I think we covered it. It's one o'clock we don't wanna take up too much of your time. It's been a busy day. We've we we've been on with Todd Lockman, the CEO of Sovos brands, ticker, S O V L IPO, like for an hour ago, actually.

Um, so, uh, yeah, Todd, thanks so much for, uh, taking time out of your day to, to hop on that. And you can get to ring the bell today. Yeah, we do. We do. Awesome. All right. We'll be watching. We'll be watching. Hey, great to meet you both. You as well? Uh, that was fun, Spencer. Um, I'm hungry, man. As I know, we went straight from ice cream to more delicious food.

It's like, what are we, what are we doing right at lunchtime to, oh my gosh. Yes. I'm Hong it's one. O'clock let's go eat everyone. Uh, grab some food and come back to, uh, get technical with you're starting live right now. AB I think, uh, can we get, uh, I think we'll get Neil going and if you haven't already guys drop us.

How many likes are we at? Let's find out not enough, not enough. And I'll tell you that much or at wait a minute. Wait a minute. Wait a minute. We're at 52 50. Oh guys. Come on. Four interviews today, three public company execs, one IPO and a Partridge in a pear tree. We did it all for you today. So at least get us to a hundred and.

Th th that, that that'll be, that'll be that I spent, I'm going to hop out and get Neil started. I will see you when I see ya. Okay. AB was see over on gay telling all this stream will end. It'll redirect you automatically to get technical. That's how we do things here on Vincent. Any feedback, questions, comments, concerns shows admin zynga.com.

Email us, check out Benzinga events.com. To see all of our future events from our, our healthcare conference next week to cannabis next month to, uh, everything. All right. That's a wrap for me here. Hit the, like us here, you guys over on getting technical with, uh, wacky Neil Hamilton. Um,

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

BENZINGA ELECTRIC VEHICLES CONFERENCE TOMORROW SEPTEMBER 22, 2021 Click here to register for FREE
Episode Summary:

• UBER's Wild Ride
• Crypto Update
• How To Trade The Volatility

Guests:

Kristen Helsel CRO Ideanomics $IDEX 24:00

Richard MacPherson CEO of Midwest Energy Emissions Corp $MEEC

Meade Wells, Founder https://www.altso.org/ 39:00

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

• Subscribe to all Benzinga Podcasts here
• Get 20% off Benzinga PRO here
• Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript

what's up, everybody. Welcome to the power hour on Spencer. That's Aaron Bree in the dark studio. There. Dark. I got the lights on. It's not, it's not that dark, whatever it is, a little dungeon in here, but it's also just gloomy and dark outside in Detroit today. Uh, it's gloomy. The more kids to dare I say, AB my question for you is, are you buying the dip or you sum the rip?

That is my origin. Both. Um, yeah, so Spencer, I'm glad you asked. So yesterday I did get in and buy a little, you know, a few dips out there. You can stay at that's what you bought. Um, okay. So yesterday I bought some shares of ticker, I N D a. You might know this one. Spencer w the Indian ETF I did. Wow. Oh man.

I got it here. Yeah. So essentially, um, you know, I think with like so much fear surrounding everything in China, um, a lot of investors are going to look for other emerging markets to dip their fingers into. Um, and actually it's a, it's a little known fact that India's economy has actually been growing at a faster rate than China's over the past couple of years.

Not like not through the economy. Bigger than China knows, but that it's growing faster. So like it's projected that India's economy is going to, you know, 10 X over the next 10 years versus China's like five vaccine or whatever the numbers are. So I, I like the in India trade right now. And I just found this as like an easy way to kind of dip my toes into it.

I didn't, um, enter like a huge position of this or anything. I think I bought about five shares. So about $250 worth. Yeah. Wait, I want to tell you under the bus here, are there any companies in this ETF that you or I, or anyone else what I've heard of? Um, so I did look at the holdings on ETF, uh, and there's one.

Company that I'd heard about before. Let me figure out which one it was. Um, but no, I don't, I don't think any big names that like people really trade here a lot. Is this a, what is this? Fuse is a trade. This is a short term thing. No, not at all. No. I'm just going to buy this and hold it. I think that, um, you know, I think India's economy, like I said, is going to keep growing over the.

Five 10 years or so. So I that's what I'm looking at. I'm looking at just, oh, nice. A gone with the, a little bit obscure ETF. I N D a like, why can't it, what else did you buy yesterday? Um, the, I think that was. Stock that I purchased yesterday for the first time I have been watching a couple other stocks that are just in my holdings.

Um, FUBU, I have a pretty big, uh, steak. I don't have a big stake in FUBU. Like the company that my portfolio is, uh, you know, heavily weighted toward FUBU right now. Um, so FUBU actually dipped today at one point down more than 3%, uh, since then, Oh an hour ago at 11, it's kinda been ripping up. So, um, FOBO is coming back up and I'm waiting Spencer to see I'm looking at the chart.

It looks like we are in a little like downtrend on FUBU. And if we continue this downtrend down to around the $16 range where there's previous support, I'm going to buy more shares to kind of average my costs down. Hmm. Never. You're never frowning average. Exactly. Yeah. I mean, look, I, I. Um, you know, going to be, I'm going to persevere and I'm not going to let this trade beat me.

All right, dude, you duty, you know what you do, you, you w we can all, all we control, we can control. I can't control you. You do you, man. I hope it works out for you. That is a risky strategy, but I hope it works out for you. I mean, look, I I've said it before that I originally invested in FOBO, uh, you know, with very high hopes since then my hopes have dampered a little bit.

I haven't gotten to the point where I'm just like, okay, I don't want this stock in my portfolio anymore. And completely shedding all my shares. So that's what. I'm going to, uh, you know, continue to try this trade out until I'm profitable. And if, if a few months from now, Spencer, I'm still talking I'm in the red on FUBU.

Then you can tell me it's time to say goodbye. Fair enough. Fair to break up completely. Okay. Real quick. Before we keep going a couple house keeping items, house. Item number one, go ahead and smash that like button for us, please. And thank you. Housekeeping item number two. Our next event is actually tomorrow.

There is a graphic up on the bottom, right of the screen. They are going to BZ Evie. BZ V con.com to, uh, see who will be presenting speaking tomorrow at the Benzinga electric, you have a conference it'll be all day right here on a YouTube nine to five. Uh, X pong will be there. Ticker X, P E V G M will be there.

Archimoto will be there ticker FUV so, uh, big names we'll be there tomorrow. Uh, and we were so excited. Uh, for the stuff that we actually couldn't wait. And we got an Evie guest on the power hour today coming up in a couple of minutes here, actually, we're going to have the chief revenue officer of ID Nomics.

Uh, Kristen Helsel ticker IDX. That'll be at 1215. That'll be followed by Richard MacPherson, the CEO of, uh, me, uh, Emmy B2C environmental at 1230. We're going to talk, uh, power and, uh, Yeah, how do we get our power in this country at 1230 and then 1245. We're going to talk with a former headphone manager who is doing what I think is what we all should do is make a lot of money and then devote all his time to, to a good cause, um, need, well, you usually chairman and co-founder of a leg to stand on, um, was a, uh, used to run a hedge fund, octagon asset management.

And, uh, we're gonna talk to me meet about that, but that's the dream right there. Right? Make a lot of money. Devote all your time to, uh, some good cause yeah, look, basically, you got two options right now out there. You can make a lot of money and then try to, uh, you know, go to space or getting a little space race with your, you know, other ultra rich arch-nemesis counterpart, or you can use that money, uh, you know, in a very.

Productive way, like get, get in prosthetics for kids that need them. I know which one I would choose and it's the ladder and that's why we're bringing bead Wells on to talk to him. Um, and yeah, so very, very beautiful. What he's doing there. Steve Cohen in the chat is asking, what did I buy it for? And what do you want to sell it at?

So my average cost, uh, for FUBU is $29 and 76 cents. Um, I'm currently down on the position about 13%, right, right. Um, so definitely not the price action that I've been wanting in FUBU, but what do I want to sell it at? Looking at the chart, Spencer, I see two previous, uh, you know, peaks in the chart. The first one was in December of 2020.

It got all the way up to $62. I'm going to kind of dis I'm going to disregard that one because I, you know, it looked like, I don't know if there was like a short squeeze there or something, but the stock went up a lot and then dropped down a lot really quickly. And then about a month or two later, it got back up to $52.

Um, and you tested those highs again before coming back down. And we've talked about it before Spencer, that there's a lot of studies shown out there that typically stocks do have a tendency to at some point, get back to their previous, uh, highs. Um, so I would be looking. To sell this at around $50. Um, but maybe I would take some profits on the way up from there considering I've been in the red, on this trade for a while.

All right. You've already watched lost the plot here on this. I'm afraid, like I said, I'm rooting for you, man. I hope it works out, uh, knowing this market, it probably will. Uh, but, but, um, good. Seriously, uh, because it seems like you have changed your mind on this one, several times in terms of what you bought a four versus what you're doing with it now.

And, and, uh, stocks don't have to go back to all the time. I was just, just, just remember that they don't have to, they, I think they typically do a. Solar solar up saying, are you still heavily invested in? I would never say I was heavily invested in private prisons. I threw out. Um, what was it? Core civic, tickers.

CVX, I think run th there was, there was a trade. There was a prison trade to be made when biding got elected. I think because, uh, they, the thinking was he was gonna meet the geo group. Right. Is the. Yeah. Yeah. Geo and CoreCivic are the two biggest ones. And yeah, there were, there was thoughts that they were going to outlaw private prisons or whatever.

And then Biden kind of came out and said, I basically just said from a value perspective, Luke and I were going through different companies. Um, that, that was one that I had seen, like thrown around Reddit and stuff that like, Hey, the balance sheet looks very strong on this strong balance sheet on a proven company.

Great. Yeah, exactly. Um, but. Pointed that out. The stock went from about $8 to not when I pointed out, but after I pointed out, it went from about $8 up to, uh, around 12, but is now trading lower from there, back to around the range when I like first brought it up here, but honestly, solar up, I don't even think I was ever in that trade.

I, it was just something that I talked about. Can I say the one trade I made that I, where I felt so dirty, uh, after the fact and I had to like sell my stock like a couple of days later, because I felt so bad about it. Uh, it was last year I bought a what was the ticker, uh, S see, I think I've mentioned this before service Corp international.

Oh man. I should have. Do you know what this company does? No clue. They're a leading provider of funeral homes. Uh, did you, did you buy it as like a COVID play? Oh, wow. That's that's grim. That's Graham Spencer, but wait, so the stock crashed when everything else did and got down here, but I'm surprised, I guess it took a little bit for buyers to come in for that whole, I bought it like, um, this was like in the spring, this was after the bottom.

I bought it. Um, wait, wait, wait. You're talking. That's this. Oh, I'm sorry. You're right. You're right. Uh, yeah, I know I bought it. Oh God. It was so volatile. I, I dunno. I bought it somewhere in this vicinity and then I lost, I sorta like three days later because I was like, I can't, I can't do this, like so bad.

Yeah. That's how I feel anytime. Uh, you know, I think there was a point, um, over, uh, you know, w where. Oil and gas companies were actually getting like undervalued and all. And you know, th there's always cyclical flows, right? Like all the money's going to go into growth and green energy until, um, a lot of those assets are overpriced and overbought.

And then a lot of the other energy stocks, the oil and gas ones get oversold and undervalued. And that was kind of pointed out to me by a few, uh, you know, traders that. I take their, uh, you know, opinions, not lightly, you know, guys like gene monster, um, and people like that are like actually oil and gas is like getting pretty cheap.

Like it should be valued a little higher. And I got into some of those trades and then within like a month, I was like, I, I can't do this. I can't, uh, you know, I can't be invested in the oil and gas to be clear. There was nothing. With the funeral home was they provided a re a valuable service and nothing wrong with that, or even like investing in them at all.

But I like specifically bought this for a trade. Once it became evident that like COVID was going to be really, really bad and that, you know, if you want to do that great. I, but my conscious caught up to me and I was like, I can't, I can't, I can't do this. So, uh, anyway, that's my quick story. I'm on sci real fast before our first guest ABI want to do a crypto update.

Alright. Uh, it is, uh, mostly right here on the screen, Bitcoin down 1.6% eith down for call at 1.5%, uh, more green than red. And let's go to the Bitcoin chart here. Uh, you know what though? Today's candle doesn't actually look that. Right. If you can see there, uh, the, the, the lower wick is, is, is huge, right?

It means we're well off the low of the day. Uh, so this is actually not like the, I mean, we, we did break below whatever kind of support that was. What, what does that forty forty two call the high 40 twos, but we're worried back there now. So, um, you know, buying the dip has worked for today, at least in Bitcoin, not so much this week, but certainly for today.

Um, but we are, we are below that range from a company as they go in theory. Um, kind of the same story, right? These charts were identical. Um, but the difference is that, uh, actually, no, there really is. No, there's no difference here. It's the same story, right? At what I have support around the $3,000 area, I wanted to talk about sushi, sushi swap as well.

I dunno if you saw this one, um, bought this thing, uh, has gotten creamed, uh, past how many days is that? Past week, past week gotten creamed, uh, from 16 to below 10 narrower at 10 20 now. And then, so I wanted to bring that up because it is a. Uh, there's a reason why I wanted to bring this up and I forget why.

W w what's it like the worst performer of the day? No, it wasn't what it was. Uh, I forgot why I think, I, I think I saw this yesterday, uh, that that bar stood out to me. And then avalanche, I don't know if you're watching an avalanche, uh, tip of the hat to anyone who has the stomach for this, because this thing is really moving it is it is your best performing crypto, at least on corn market cap, uh, of the last.

I think, but it's in that, within that month, you've had multiple days of like serious, serious pain. So hats off to, I mean, like when we look at today in avalanche, right? We're we are on our way to, to regaining all of yesterday's losses. Uh, so if this is you tip of the hat, I can't stomach this, but, but, uh, This is what cryptos for right is for volatiles stuff.

And that's what, that's what, that's what this is. Uh, if anything, Bitcoin and ether have, have, uh, gone correlation straight to the overall market to the stock market here, right? Uh, like, like these charts, maybe not like all the way back here, but if you look at the last couple of days in Bitcoin, there's correlates to the stock market.

So. Yeah. I mean so much for that being a hedge, but, um, I'm still long Bitcoin, Ethereum Cardona, Solano, not Cardona Solano. Um, yeah, AB and just alone. Yeah. I mean, I am holding strong. My theory I'm right now. Um, kind of same thing I was talking about with FUBU. If it continues to drop, I might, uh, average my costs in, at a lower price, but, um, I think we're at a, at a pretty, you know, significant line in the sand right here, Spencer with Ethereum, I think will either.

Uh, you know, see it, hold these levels and bounce again. Or if it continues to fall, we could see it drop all the way down to that $2,600 inch. I think I'm sort of stuck in now. It's like, do I want to buy more? That's sort of my only question is, do you, what do I, or do I not want to buy more? I don't actually even know where my cost basis, you know what?

I have a bone to pick, um, when I opened my crypto account whatever year ago, or whenever I did that, um, I just picked Coinbase because. Frankly, I just picked out of the hat and, uh, you can't see your cost basis on Coinbase. What's up with that? I don't actually remember where I bought. I think I bought a theme around here, honestly.

Um, so, so anyway, I don't really know where I, where I bought out, but my point was, do I buy more or do I not? But I don't have the very large exposure. I have a very minimal exposure to crypto. I've got thing I through like between all my crypto is I, my cost basis is probably like. I dunno. I think I threw probably like three, $4,000 in it.

So not, not a ton, but do I want to buy more here or do I not AB I think we'll wait, Spencer. I think we'll wait. Um, you know, to see what happens throughout the rest of this week. Okay. You say, wait, how happy he says you can, or maybe I just don't know how to use corn base, but I, I swear, I've looked at corn base and you, you, you can't see.

Your whatever, moving on. I don't care. Um, okay. Crypto update brought to you by Voyager. Everyone. Get $50 in Bitcoin for free. Download the Voyager app funding with a hundred dollars. Make your first trade use. The code is zing that's Z I N G. And that'll get you $50 in free Bitcoin. Okay. Uh, our first guest is not here AB I know I'm.

Doing some reach out right now to make sure everything is AB is doing some reaching out our 1230 guests. I see. In the green room or the blue room. I don't know what color the room has been. Our 1230 guest is here. Uh, so we're looking forward to talking with Richard MacPherson at 1230, uh, and waiting for idea Nomics, uh, CRO chief revenue officer Kristin Helsel at, um, at now, uh, whenever she.

I want to talk to hurricanes. I really want to get her take on like what she thinks goes on with like their stock. Cause I don't, I IDX is one of the most widely held stocks like Robin hood. And I, I just wouldn't want her to take on that. Um, because I don't really, not that I have anything against the company, but I.

You know, it's a seemingly random, random company to be, uh, so widely held. So, uh, what I'd love to get Kristen on. If she, if she wants to join us today, then if not, we're going to be, uh, moving right along. Uh, one of the things we'll want to get mentioned also, before I forgot, before it got away from me is if you look at it like a heat map today or a.

Whatever, uh, a watch list and, you know, they just show you what I'm talking about. Okay. I put up a watch list today of like overall market, right? Every sector, every major index, every five larger stocks, it's all green. Right. But that doesn't tell the whole story. Because it doesn't account for, um, how we've really behaved from the open, this only really accounts for how we've behaved from yesterday's clothes.

So all that being said, I pull up a chart of the spy and my, my, my take here on the, on the whole market is whatever happens from three 30 to four o'clock today is w is the direction I think we're, we're gonna. So if we re, if we basically, if we sell off into the clothes, I'm, I'm short term bearish, I'm bearish for the week.

I'm buried for the rest of the month. Um, maybe even in Stocktober, if we don't sell off until the close, but we actually hold these gains, then color me bullish for the week. Paul was for September. Both for the rest of the year. Um, but I do think it's important. I don't, I still have no idea what happened into the clothes yesterday.

If anyone has any ideas. Uh, I know there is some, some talk about some, some, some options buying, but, but that rally into the close yesterday was, was something something's fierce. And my take is whatever happens in the last half hour of the day. That's where. I don't know if you have a take on that. Um, yeah.

Sorry. I'm working with a, I R idea. I our team try and get, uh, get Kristen on. Um, no, Roger says she's too busy for us. She's too busy counter grant money. That may be true. Neuro Roger, that may be true. We've we've been blown off before. I've been blown off many times. I've done many, many interviews. I'm hosting many shows for Benzinga and I've been blown off more times than I, uh, than I than I care to count.

So it wouldn't be the first time and it probably won't be the last, I want a, uh, to do a quick survey in the chat. A one, if you are Jay Ray says it's not a constant call. Okay. J. I want to do a survey in the chat one, if you're a, what's called through the end of the month, if few of the end of September, do we close September in the spy higher or lower than 4 36, where, which is where we are right now.

Wonder if he close higher to close lower? That's what I want to know. One of your bullets too. If you're married.

That's what I got to know biggest so far. I mean, we, yeah, we gave back a nice track of gains and the, the, the threats of pre-market and, and, and for the first hour of today, but it's been a nice rally from the, in the last hour and a half. I'm seeing, oh, I'm seeing mixes. I'm seeing, I'm mostly ones, some twos though, one and a half and cow, you can't be both actually.

All right. Let's think it's split 50, 50 Cameron doll. W w w w what is three? What is three means? But it wasn't even on the menu. I will remind you. I do have an active bet with Joel Al cannon, that we will see a new, all time high at some point before the end of the year. It's an active bet. I gave him amazing eyes.

I gave him like five to one odds that we're gonna get a new all-time high at some point between now and the end of the year. Um, so unchanged. All right. One important five means unchanged. Wow. That's a lukewarm take. If I ever heard one. Alright, fine. Cam Cameron knows betting on for the next nine days.

Have fun with that one. I'm doing I'm just kidding. Okay. Well, let's go to the scanner. Benzinga pro uh, we got a couple minutes before our guests here. Uh, see what jumps out to us. And again, this is why I love looking at movers from the open, not from the clothes, because from the clothes, I'm sorry. From the, yeah, from the clothes, the move is distorted by whatever happened.

And I want to know what's volatile from the open discovery dis CB. This thing is a, it's a high flyer, super vault tile. This w this is the one that does crazy things, right. It's not liquid at all. Forget that. I don't want to look at that stock. It's no, it's no liquidity. Huge spreads. Forget that. Um, what else jumps out to me?

Upside or downside? Uh, nothing really. Oh my gosh. Again, with the Dutch brothers, have you seen the stock? Because the stock look at this coffee company, I got to know where, uh, I'm gonna ask Richard, if he's ever had this, when he comes on this Dutch brothers coffee, they must be the, they must have the best coffee in the world.

Uh, it was trading lower at one point today to came back. Um, no, uh, Tim ID omics will be on, we do have our guests here, so Spencer, without further ado, let's get. Get access to actual news and market research with all the information you need to invest smarter and profit faster. Start your free trial [email protected].

Hey, nice intro, Aaron, Bruce. Thank you. We may. Yeah, how's it going, Kristen? Thank you for joining us on, on Ben power hour today. Thank you for taking time out of your, uh, you know, busy Tuesday to join us. Thrilled to be here. Hi guys. Um, so go ahead, go ahead. I was just going to say Kristen real quick. Before we get into some specific questions about.

Um, the company, you just want to give a brief overview of ID and omics for our audience, that some of some of the, uh, audience may not be familiar. Sure. We're a publicly traded on NASDAQ under IDE acts, headquartered in, uh, New York city and, uh, really in the fleet, uh, electrification. So, uh, we've, uh, put together a company that's really focused on this transition from internal combustion engines to fleet electrification, and we're doing it on a global basis.

Uh, Kristen, I know you guys, you guys don't necessarily control this, but do you have any idea as to why your stock is so volatile and so, so wild, so widely held among retailers. I think it's, uh, our leader Alf Corp, who has been, uh, you know, who really, I think resonates with the retail investor community.

And I think, you know, he's been putting his vision out there and, uh, has been really heavily supported, which is something we really love you. I did I'll mix does a lot of investing. You guys do a lot of investing in, in other, in smaller Evie companies. Can you tell us about sort of like that, that process?

What do you look for? When you're. Cause I imagine your thought process, it should not, is not that or should not be that be dissimilar to my thought process when I'm looking at like an UV company that I want to buy stock and whatever. Right. So like, what is your thought process behind some, like your, your investments?

Sure. We look for three. Tech that we really believe in that we think is transformational and will also hold up in the future. So that's really the very first thing. We also look for companies that have referenceable customers. We're not, we're not necessarily talking to a lot of people who have. You know, really thought through the product and gotten it deployed.

And then we're looking for a strong leadership team because, you know, we work with those teams to grow these companies and we want to make sure that all those pieces are in place. And so when you look at the acquisitions we've made like waive our inductive charging company, you know, it has a strong leadership team in place.

It has a really strong CEO and Erin Gilmore. A strong CTO, you know, a really strong leadership team below that we have, uh, electric tractor company select track. And again, we put a, an industry leading tractor specialist of Manny. I are there to lead that team and he's assembling an amazing group. So that's, that's really how we go to market with these companies.

And, and we really, uh, are confident that that's going to be what makes them successful. What do you make of just the. Evie market environment. It's been a really, really wild year. I mean, it really last year, too, especially the back half of last year EVs were so in favor and even the, you know, the first part of this year too.

And a lot of that favor has come off in, you know, in the last six, seven months. Has that impacted your business at all? This is a long-term play. I did Evie infrastructure. Uh, I was with another company and we launched with the leaf in 2009. And we thought the Evie revolution was going to happen then. And you know, flash forward, it's 2021.

It's still going to happen. I think people have to be patient. You know, it is going to take some time. This isn't going to be something that happens, you know, tomorrow or next week. But if you look over the next couple of years, I can already, you know, the vehicles are coming. The fleet vehicles are coming, the passenger vehicles.

This is a transition that we're going to make it's, you know, gonna, you know, not only take time, but you also have to think about the future. What's beyond what we have today in terms of charging. Where's the future going? And that's where products like Waverly. Got it. Um, so, so Kristen, going back to, you know, the retail traders, just being, um, you know, kind of a namerd with the ID Nomics stock, what do you think, you know, w was the retail trader, was that kind of the reason behind the stocks, you know, rapid rise back in early February of 20, 20 up to $5, um, or were there other factors kind of driving that stock.

I think there were a lot of things. I mean, I think that, you know, there was a lot of talk even then about an infrastructure package. There was, you know, a lot of, uh, you know, talk about the climate, you know, it, I mean, it is going to be volatile, I think for years to come, but we love, love, love our retail traders and, uh, are, you know, are excited about the support that they give ID Nomics, number one, but, you know, number two, we see a lot more, you know, of the.

Companies coming in and listen to this space. And, you know, I think that, uh, that may smooth things out in the next, I dunno, a couple of years, but until then, you know, um, you know, it's going to be up and down. You know, the Biden infrastructure plan is on again, off again on again, off again. And you know, those kinds of things really affected.

Uh, ID Nomics has, uh, offices or subsidiary or facility in China, correct? Um, I I'm, I'm just curious how that's going. There is some subjective, some, some controversy last year. Uh, you had some, some short sellers, uh, come out against you guys, specifically for that facility. Uh, but now I'm not just referring to that.

I'm referring to just like. Geopolitical like stuff going on between the us and China. So like w w w can you update us on what's going on over there and how that's going? Yeah. We have a great leader, Larry wrong, who leads the China team? Uh it's uh, you know, they're really doing a lot to finance, like ride sharing EVs, and, you know, they're really in the EDI space as well.

And while, you know, that is a part of our business. The majority of our business is in north America right now, and a little bit in Europe. And of course Asia, where we have our tree electric bikes. So, you know, it's, you know, we see ourselves now as a global global company with a presence in China. And when you say you're a business, you're really you're you mean just B to B Evie and infrastructure.

Type things, electrification of, of fleets, et cetera, et cetera, B E V infrastructure, but also the things we've announced like via the, uh, you know, the, uh, uh, class two to class six, a skateboard technology delivery last mile and mid mile delivery, a van that we, uh, you know, just, uh, Now that that's a deal we've signed, that's not closed yet, but we're very excited about that product, you know, energy co, which is actually making motorcycles and selling them around the world.

You know, that's another, I mean, so we, we not only have the, if a customer comes to us, we certainly have the infrastructure technology, but we also have the vehicle knowledge and technology. And we're uniting that around things like energy storage and renewables, so that when somebody comes to us and says, how am I going to Tran?

You know, how am I going to move from my internal combustion engine? How do I move my fleet to a transfer? You know, electrified transportation. We can provide the solution, start to finish. And that's where we really think not only, you know, our vision about, you know, the infrastructure, but that glue holding it together.

That's where we think we're really differentiated and where we're going to make it easy for our customer to make that transition. We can help them do that. Th there there's some questions from our chat actually, AB if I could just jump in for one second and maybe we will have to get Alfond Rahul, but there's some questions from our chat.

Uh, w w w about there's a few here that I can't, I can't get to all of them. Okay. Let's just do this one from, uh, from Anthony, um, w regarding revenue, uh, do you have, uh, some, uh, time when a guidance as to when you, when you guys projected. Yeah, I'm certainly not going to give any guidance about the future, but, you know, we've had two of the, well, the two best quarters we've ever had in Q1 and Q2.

And while we do think that this is an up and down situation, you know, we're, we're, I think on a, you know, a very good glide path. All of our, uh, individual businesses, especially in the mobility side are doing really well. You know, today we just took a big PO for our waves of cities. So we're very excited about what the future brings and, you know, think that as this market opens up, we're going to be at the forefront of it.

Um, and then I'm sitting in another question to chat about contracts. Um, so, you know, you mentioned the, the Biden administration earlier, you currently work in, um, I'm trying to get any government contracts to try to like transform some, some of these fleets to electric vehicles or anything like that. We certainly are.

I mean, we work on contracts at the national level. We're certainly working at the state level. We're working with individual utilities, you know, we're responding to RFPs for, you know, infrastructure and charging projects. You know, we just responded to an RFP where we're sort of uniting our mobility and our in our capital side where we're saying that we'll not only put in the transportation, but do it as.

So in this particular case, it's a huge municipality where they're looking at trying to electrify all of their fleets. So we would put in the charging infrastructure and then you start mobility side or our capital side to offer that as a service so that the municipality doesn't have to pay for it all at once.

They can pay for it on a monthly. Got it. That's exciting. Last one, um, from the chat and we'll wrap up today, um, is ID and omics done kind of raising money, at least in the short term, you know, uh, we have a lot of cash in the bank and, uh, we, our plan is to put that to good use around all of the businesses that I just mentioned.

And, you know, we're really excited about what the future is, but we always keep an eye on what's coming next and never take our eye off that ball. Got it. All right, Kristen. Well, thank you so much for taking time out of your busy Tuesday to join us on the Benzinga power hour. Um, we'd love to have you or Al for you and Alf both on together, you know, in the future.

Anytime the company has some exciting updates, that'd be great. This is the lot of fun. Thank you guys. Of course. All right. Uh, we're running behind. We got to get our next guest on he's here. He's been here, Richard MacPherson, the CEO of to see let's get Richard ed, you know what let's just call him and me to see.

Cause that's what that's that's that's his name upon this green Richard. And how are we doing today? Excellent. Uh, okay. Before I get to, um, uh, what you guys do and, and all that, uh, there was, there was a headline in this morning, Richard, uh, tell us what they have said, but more importantly, what it means. So the headline made notice of a new settlement agreement, a licensing agreement that we had with a utility.

Um, and it's one of many that we expect to come down the pipe in the next while as we move forward to monetize the IP position that we have across the. Um, with folks that are utilizing our technologies. So sit back up for a second and me to see what you guys do. As I understand it is you provide a technology for, um, coal fired power plants to safely dispose of mercury mercury emissions.

Is that, is that right? That's pretty accurate. Yes that's. Okay. So what, what is the market for that? It looks very good, actually. Um, unusually expected the, uh, output of coal-fired plants is rising considerably this year and expected to stay, uh, as compared to the last few years. Um, for the next few years, that's mainly because of the increase in natural gas and the folks running coal plants more than we're excited.

For us, that means that there's lots of initiatives to be captured. And that's why we're busier this year than in previous years. How much of a electricity in the U S do you know that comes from coal? It's about 23 to 24%. This year expected to stay that way over the next three to five. What about longer expected to say that way, that way into the future, probably for the next five to 10 years.

However, it's more difficult to project that what you'll see is some consolidation of some of the smaller plants and the larger plant staying open. After these smaller plants are shuttered to pick up the amount of output that's necessary to stay in that 23, 20 4% range of the total grid. At this point?

Yes, we're our core business is in the capturing of worker emissions from coal fire plants. So that is our main business. We expected to stay strong because of. Output that's underway. Now, are there any new regulations that anyone in this space should know about? I know things are always changing with regards to environmental emissions and the like, or any, any new regulations that that investors should, should perhaps know about in this space.

No, at this time it's pretty much. Uh, in stone, the regulations are very tough. Um, they don't look to be going anywhere, so it, and everybody's up to speed meeting them. So it's pretty much expected that things will stay as they are for the foreseeable future. Uh, and do you have, so right now you, uh, uh, uh, to see you guys co basically collect, uh, mercury emissions, are there plans to broaden that to other, other, other types of, um, environmental, uh, emissions?

Um, actually our strength and our skillset is in a field called Kimmy store. Okay. That's, that's the know how that led us to, um, be able to create and introduce this technology across the fleet, which a very significant part of the fleet utilize our technology. So over the past couple of years, while we backed up and tried to from an IP point of view, monetize all of the adoption that's taken place, we also started to focus on wastewater remediation.

And the extraction of rare elements from the coal Ash, um, side of the power plant industry. We've been very active in that and are working and making some great progress in that. Richard MacPherson is the CEO of M E to see environmental again. Uh, any company that tries to, uh, uh, make the environment better.

Good in my book. So keep doing what you're doing and, uh, thanks for joining us on the thyroid. My pleasure. Thank you guys. Get access to actual news and market research with all the information you need to invest smarter and profit faster. Start your free trial [email protected]. Former CEO of octagon asset management meet.

Um, before we talk about it, like to stand on an old good work you're doing there, I got to get your thoughts on this market. Where are you right now? I, I I'm the end of the world or things are better than ever scale. It's a very good question. I think the, um, the market is obviously very frothy. Uh, we actually don't trade equities.

We focused on trade finance and finance. We. Producers processors exporters' importers of all sorts of different goods with a distinct focus on physical bulk commodities. So in our world, things are roaring. It's just a phenomenal time right now, largely because there's a lack of liquidity by. So these companies are starved for financing in order to make the trades happen.

But the demand for global trade is, is just booming. And as I'm sure you've seen with the freight markets being with what's going on, that it's just the congestion, the, the amount of activity is just extraordinary. So these are very unusual times. So for. Despite what's happening in the equity markets and in the fixed income markets, we've got a, a tremendous opportunity ahead of us right now.

All I've seen here then is the pictures of the port of Los Angeles. And it's, it's like a traffic. It's crazy. I think Gaynor one container, the cost of bringing that container from China to the United States west coast, we needed a long beach LA area a year ago. It was about 1500, $2,000 today it's as high as $25,000.

Wow. It's just crazy. So how does this get fixed? Because we all know supply everyone's supply chains broke, right? Every economy is shut down and they reopened, it was a whole thing, but we're, we've now been reopened. Most of the global economy has been reopened for the better part of the majority of this year.

Right. I mean, how do these. Continue to supply chain problems. Do they just fix themselves? Well, you have to understand that the independent MC has cycles, right? So we've seen a taper and we've also seen a research back up. We've seen that happen in China and Thailand, Malaysia, and all throughout south these stages.

So while things have calmed down here, um, although you can argue that they're on the upswing again. Uh, we've seen a, a number of port shut down in China, so that's contributed to the backlog and the issues. So, um, you've got ports that are operating at half capacity because of COVID restrictions and separation requirements.

We know there are a number of different factors. It'll take probably a good three to six months to get to some point where it starts clearing, but we could see these kind of congested, uh, logistics issues sustained for another 16 and 12. I'm afraid to say,

oh my goodness, what, what, what do you think? Like our audience is mostly retail investors that trade stocks and stuff. Do you think there are any opportunities out there to kind of, um, play this problem? That's out there right now? You know, there, there are different ways to play it. I mean, as an example, we finance bulk commodities, but with the, with the pandemic, Um, when everyone had to go on to home arrest is what I call it.

We haven't shut down. Right. And so the demand for fitness equipment went through the. So we saw, um, you know, issues where you could not find dumbbells at any stores you wanted to buy dumbbells or kettlebells, or, you know, uh, Olympic weights. You just couldn't find them on the shelves of any of the big retailers.

So we got behind a fitness equipment company. It's actually a startup called true grit fitness, and they went from zero to almost a hundred million in sales and in the span of about eight to 12 months, just incredible. So there are ways if you think about it, What's the, the ebbing and flowing in the market, you know, we're, we're kind of tracking things cycles always occurred.

So when, when you have a shortage of supply, parties will come in to fill that shortage. And what that'll translate to is eventually an oversupply. So you want to kind of, if you're a trader and you find the market you're going to have no, no trend is a straight line, right? You don't have a market scope, perfectly perfect.

A straight line it's usually at, up and down. Um, kind of cycle. So you, you just have to follow things and track kind of where overbuying is happening. You know, we're a shortage occurs and kind of try to take a contrarian view. I'm very much about the markets are very efficient, but they don't think too far ahead.

And so if you're, you know, if you're a contrarian you'll end up, I think doing well. That's why relative value trading in Paris trading makes a lot of sense if you're, if you understand that that's. Um, I could not agree more immediate. We've talked about Paris training and really has been trading more times than I can count.

So, uh, I'm still caught up on your previous comment though, six to six to 12 months. So that, that, that obviously includes this holiday season, right? I mean, that's. Th th the store is all the big box retailers are having a very difficult time getting the product on the shelves. So we're going to see price inflation.

There's no question about it because the suppliers can't sustain this kind of a freight cost. They can't eat that, so they're not passing it on. And so that's going to be passed onto the consumer. So we're likely to see. Uh, inflation really rear its ugly head we're seeing already, but I think it's going to be even further exacerbated over the next three to six months.

So, so since you, you said it not me. So I want to bring up inflation just for a second. And I know this is a really, really, really hard question. How much of the inflation that we're seeing is just a result of mass ops supply chains that will naturally fix itself, as you say, in the next six to 12. Well, the problem is once it goes up, it's hard to kind of deflate it.

Cause when companies get used to charging the high rate, they want to continue to do stuff. Uh, we have two things. We've got up to see the price inflation on, on the goods, in the logistics, but you also have labor costs and inflation work companies and restaurants. They just can't get the employees in nobody's wants to work.

And so in order to get them in, they're having to pay a higher wage. To draw the employees and that's, again, it's a hard thing to resell lower. So, um, we're in a grand unusual situation that could be, um, contributor to tremendous volatility over the next 12. Just be smart about how you play your cards. Um, here's another, maybe a, maybe a dumber question, but how do I as a consumer, is there any way for me to like, help things get, do I just not to knock shop online?

I just have to like, like, like how do I help the situation? How can we all help the situation? Well, the easy one is pray.

We need all the help we can get, but I think, um, you know, it's a hard, it's a hard thing to do. I think if you, uh, that's, that's a question I need to need to give more thought to that's fair. That's fair. I want to ask you about a leg to stand on. Uh, tell us about that. Tell us the work that you do. Sure. So I like to stand on is a nonprofit, a registered 5 0 1 C3 based in New York city.

We've been around for almost 20 years. Uh, we have one. Objective. And that is to help children in developing countries that have limb disabilities. So these are children that were born with that arms or legs, where they were born with deformed arms and legs, or they might've had a cancer that led to an amputation, or it might've been a traumatic accident led to an amputation or a, um, you know, severely disabled.

We go on and provide free corrective surgery and artificial limits from the ages of birth until 18 years old. In fact, we actually have exceeded that up to 21 in certain cases, but, uh, we, we operate in, in, um, many different countries and we have project partners that are located in these countries that we have vented out.

We help provide the Lim kits and the other resources they need include including capital they needed in order to provide these service. Is this all over the world or is it, is it mostly in certain kinds of, well, it's all over the world. We're just, uh, we're Demandbase. So project partners will hear about us and come to us and say, we have a need for helping these hundred and 50 or 300 children, whatever it is, we'll go and do an onsite due diligence to vet the math, to make sure they're a real organization that they've got experience, uh, that they're credible, that they're properly registered and licensed.

That they, um, have policies and procedures in place that ensure that the treatments are being done the right way. Uh, we just can't afford to get involved with any organization. That's, that's kind of cutting corners are likely to get in trouble, um, because for us there's no, no upside in that. So we do as much due diligence on a project partner, as we do on a company that we fund out of October.

Um, but the goal is really to develop a long-term partnership where we are the fuel that goes into their engine to provide the services and there's accountability. So each, each program partner will give us their budget and their list of children. They want to help, and we will allocate a certain amount of product to that product.

Meaning Lim kits. We have a Joshi Lim kit where we design our own prosthetic limb that we have manufactured at a very, very low cost. And we deliver those to the project partner. As a donation in kind, we also donate wheelchairs and other types of mobility aids. Um, so we get through each patient and we get a patient intake form with a before picture and after picture and all the invoices to make sure that the work that was said would be done, was done.

How can. So there are all sorts of ways to get involved. We have our website, which you've got up there. Uh, the domain name is, is the acronym for a leg to stand up on.org. So it's a L T S o.org. You can go there and you can obviously donate money. You can donate time. If you have ideas where we would love people to a whole host events.

Um, it's a great way to, to, to expose your children, to how lucky they are to have all their limb, uh, Faculties and the ability to play sports and to run and to, to work and to walk to school and to ride bicycles. So, um, we were very open in terms of how people want to support us. If you have ideas on, uh, hosting an event, we have events of our own.

We have our biggest of the year called Rocktober Fest on October 21st. It's going to be a virtual event. Our technology partners at OCC, they're hosting this, which is basically like an online conference or an online event. They're fantastic. We just had our first, last year and it was a tremendous success.

We encourage you to come out and check it out. But, um, if you go to our website, you can see how you can donate or, or contribute. And we, we, um, we're not, we're not greedy. We'll take any help we can get. So our goal is just to help as many children as we can every year. So I'm curious about, I guess the kind of connection.

Um, coming from a finance background, uh, into a leg to stand on. And how do you try to kind of connect, you know, your context in the finance industry, uh, to this charitable cause it's a good question. So. At octagon, we do the vast majority of our work in emerging markets. So I'm traveling down to Latin America, Southeast Asia, Eastern Europe, Africa, and you can't help.

But to see these children, you know, they just don't have the ambulatory services or the health systems like we have in the west. So they're not getting treated and you can't help, but have your heart go out to them. And you see that they're already battling a very large mountain to climb in if they're based in emerging countries.

So if they don't have their limbs. They're actually, um, treated very poorly. In many cases, children can be abandoned or orphaned because the parents view the child with the disability is. As a, as a black mark. And so they're embarrassed by it. They think it's at that kind of omen. So they, they don't want to have that exposure and don't want to be, uh, deemed to be a sinful family because they had a child with disability.

So for us, it's a very important thing to be able to give back. And this is the way that we can do that and how we connect the dots with our, um, kind of peers in the Indian. I'm a closet musician. I play the drums and the guitar. And I worked also late hours because we have Asia starting, you know, when we closed down.

And so in my office, in New York, I had a drum set and guitars and, uh, PA systems and, uh, in a bar and we would have people over after hours to Jan and I used to have investors come in. In fact, when we started our first band called the subscribers, is that. Um, our investors at Lazard asset management came in to interview us and conduct due diligence.

They saw all the musical equipment and after we were done doing all the, the, the, you know, shop talk, um, a comment was made about, you know, I play guitar. Why don't we get together and jam? So we started getting together and, uh, this gentleman, his name was Chris Cheesman, and we'd come over and we'd, uh, play some songs.

And we laughed about our, our lack of, or our lack of skills and how much we wanted to improve. The idea came up about why not, uh, hosting events, where we play in front of an audience of our peers to raise money for like stand up. So we rented out the bar at the Chelsea hotel in New York city, and we sent out emails to all of our closest friends in the hedge fund world.

We had to sell our crap. And after the show, people came up and said, you know, that was amazing. And, uh, I played a band or I'm a drummer, I'm a bass player. I play the kazoo and, and, um, you know, soon enough we had all these people expressing interest to get behind it. So we ended up having our first event while hedge fund Rocktober Fest at the planet, Hollywood in times square.

And again, we had a sell out crowd and people had a tremendous time and it's just sort of taken on a life of its own. So it's been a lot of fun to see the industry kind of get behind. So, so last year, uh, you know, the Rocktober Fest, you mentioned you had to bring it virtual, um, this year, again, you know, doing virtual.

So you, is, are you performing with your band as, as part of the Rocktober Fest? I am not this year, but we've got great bands that have been involved, uh, the alcohol scars and cause and all these great bands had them with us for, you know, many, many years in some cases since the very first show. So. The, the demand to be in the program is so great that it becomes a competition.

Whoever can raise the most money, gets the seat at the table and the top five are sort of led in. And then between them, whoever raises the most money gets to pick their place slot during the night. So, um, I've kinda said I've let all the, these huge stars performing and not really bore everyone. Musical talents or lack thereof.

Uh, we have someone on the Benzinga team, uh, Brent Slava, who he's, he's kind of a closet DJ. So he does, um, you know, so if you, if you want to mix it up from rock and have a nice DJ set in there, let me know we can arrange that. Um, and then, so I also wanted to ask about the, uh, you know, kind of, there's like a game, right?

A stock-picking game involved in the, in the October Fest this year. Um, we have these, uh, It's a way to raise money. It's a fantastic organization that we work with that, um, essentially allows you to, to, uh, pick stocks and the ones that do the best will win and it provides a donation to a leg to stand on.

So it's, um, uh, it's kind of a fun activity for those that are involved. You can go into our website. If you look at the event, I think you're on it right now. You're you're just going through the sponsored. Um, but you can learn more about the show and all the different kind of features that we're offering and encourage you to go to a leg to stand on and click on Rocktober Fest in the top banner, which we're where you're at right now.

Um, yeah, so you can click here, see all the different bands that are, um, you know, participate in. Um, and yeah, I mean, I think this is great, cause I think in the finance world, Um, maybe, you know, some companies or funds could be doing a little bit more on the charitable side. So I think it's great to see someone kind of take initiative and use those contacts to try to, um, you know, raise some money for, for a very good cause.

Well, we appreciate the support. It. It's an opportunity to see some, some people that normally were, uh, their pinstripe suits and, uh, you know, they, they, they strip the suits off and fill on the guitar and it's pretty amazing to see how good these bands are. So I, I can't encourage you strongly enough to come out and watch the show on October 21st.

Well, we're excited for it. I know. Keep me apprised of what's going on with the competition, the stock picking game, because I know, uh, we here at Benzinga once, uh, offer. Help kind of beef up the prize. I think we're going to offer a quarter three free months free of Benzinga pro, which is about a, you know, a $400 value.

Um, so, so we're excited to participate as well. Yeah. We're grateful depending, and you guys are fantastic. Uh, appreciate you having us on and, uh, sharing the word about the organization and the event. So thank you very much. Uh, and, and we, so let me get this straight. So it's a virtual event. Um, but I know maybe like next year, once it's in person, there's going to be one in New York, London, and Chicago.

Yep. We have in those three locations, but with the pandemic, we had to obviously move to a more benign than you, which is online. We actually were really surprised about how well. The event of last year and the praise that we got back from all the attendees with super. So we're excited for a good, uh, online event this year station.

And it's fun because you can have watch parties and you can do it from home and interact with the events. You can shout out while the events going on and everybody sees what you're saying. So you actually get a chance to network and, and, um, you know, have your words shared with the world out there.

Become a little celebrity yourself this way, which is not as easy to do when you're at planet Hollywood or hard rock cafe or wherever we're having it. Beautiful. All right. Maybe we'll thank you for coming on the Benzinga power hour today. We're looking forward to the October vest. I'm dropping that link in the chat.

One more time for audience to go out there and check it out. Yeah. And we look forward to having you on again in the future, kind of to talk, you know, maybe, maybe again, as the, uh, conference or event is getting ready to ramp up. Um, but yeah. Thank you for taking time out of your Tuesday to join us. Thanks a lot.

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

BENZINGA ELECTRIC VEHICLES CONFERENCE SEPTEMBER 22, 2021 Click here to register for FREE
Episode Summary:

• Monday Trades

Guests:

Ben Rabizadeh, Story Trading

https://storytrading.com/about/

For more trade ideas check out :

https://www.benzinga.com/trade-ideas

Resources:

https://www.benzinga.com/sec/insider-trades/

https://www.benzinga.com/difference

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

• Subscribe to all Benzinga Podcasts here
• Get 20% off Benzinga PRO here
• Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript

CEO, Jason, Rasic here with us, the man, the myth, the legend on that gear shift on the power hour with us live today. Interesting different innovative company. You are alive with us out of the power hour, Jessica Billingsley, then the CEO of a great idea. Rich was out there.

There we go. What's going on producer AB Donziger nation happy Monday, happy Monday, baby. With the markets are open after a weekend of no trading, except for Luke the cryptocurrency market. I'm going to go ahead and pull up about crypto. I started trading crypto when I was in college in 2013. And the reason why we did it was because we were college.

Students would be up at 3:00 AM on a Tuesday. Still trading crypto. Yeah. I mean, that's, that's the beautiful thing about crypto and Luke, let me real quick. I have the heat map pulled up here on benzinga.com/cryptocurrency. Um, if you guys are trading crypto and this isn't in your, you know, bookmarks top pages, you need to add it because not only do you get this heat map that shows you what's going on in the crypto world, you also have the top news stories.

But Luke, as we can see, this is not pretty for cryptocurrency over the last 24 hours, all red, um, and the major players, Bitcoin Ethereum down more than 8%. So Luke, the title of this video or this today's episode of power hour is by the dip question, mark question, mark. Question mark. And we're not just talking about, you know, the stock market.

We're talking about crypto as well. Um, and typically. Typically, when we're talking about buying the dip, we're talking about, you know, retail investors, but Luke, let me just show you real quick. Let me share my other tab. This is El Salvador's president tweeting about this. We just bought the dip 150 new coins El Salvador.

The first time he's done that, I believe this is the second time somebody to check, correct me if I'm wrong, but I believe this is the second. No, I think like, uh, it coincided the first time that El Salvador bought crypto there happened. I don't know if it was related or if there just happened to be kind of a, a crash in Bitcoin and he, they bought, uh, the dip then as well.

So here we have government officials buying the dip. So now my ask out to using our nation is, are you out there buying the dip today, maybe in crypto, maybe in the stock market. But yeah, I mean, I, I think this is just awesome, Luke, we're seeing, you know, real government officials going out and buying the dip.

Okay. So let's, let's hit the math on this. So we have a, let's take 44,000 as the average price, 700 Bitcoins they own, so I'll sell it or it's up to $31 million in Bitcoin. Not, not a small little wallet. Solar up and saying that wouldn't make me very confident in my government. Um, Hey look, solar up rash a little bit.

I would appreciate some sort of, uh, you know, price average. Some, some costs averaging in on the way down. I wouldn't want to be just in, at a certain price. Um, so I'm sure different L cells. El Salvadorians. I don't know. I think you got it. All right. Well, we'll, we'll run with it. I'm sure it's very divided how people are feeling about that right now.

Yeah. Uh, Oh, yeah, it be a fun exercise. Would, it would be calculating the, uh, the, the, the price that Bitcoin would need to get to, to become the rich, to make El Salvador, the richest country in the world. Right. So I guess if the us has light, light, light, like treasury of XYZ trillion, what does Bitcoin need to get to?

That would be a fun game. Maybe we say that one for tomorrow. I like that, I think. Um, but all right. I mean, let's talk about the buy, the dip. All right. So you talked about the crypto dip. Uh, I'm not hitting the dip. Uh, my thing that I like to do, I like to look at the cryptos docs. Um, whenever this happens, Coinbase is on 5%.

If we pull up our Voyager digital, my. Um, we're off 8%, uh, w whenever the move in the stocks is lighter than the underlying crypto, I don't typically buy those dips. Whenever the stocks underperformed the price of the underlying crypto, that's usually what I'm hopping in. There is the dips are good for these stocks, right?

If you look at a Voyager digital it's transaction-based revenue, um, and, and so, so when the dip happens, there are more transactions. So, so it's a short-term positive. Is it a long-term positive Bitcoin sits at 40 K. One Bitcoin to go to a hundred K for, for the sake of the stocks. Uh, but, but at least in the short term, we get some of that volatility.

There, there a little bit of a positive for the stocks. The stocks do have diversified revenue streams outside of just the price of a Bitcoin. Um, and so that's how I'm typically I've been trading. These stocks is whenever they underperform the price of the underlying crypto on the sell off days. That's when I've been hitting them today is not the.

Yeah. I mean, look, look, I think you said it well, that, that this could be a short term bull case for Voyager, that there are more transactions as the coins are slipping. Um, but I think overall, the markets care more about, you know, what, what does the news mean for the longterm? Like, um, you know, what guidance can be expected to change.

So if we continue to see a lot of, um, downward movement in different cryptos, I think the market. Theory is there will be less people wanting to trade crypto on Voyager. So if we could continue to see, you know, the coins crashing bad for voyage in the long run, even if in the short term, um, people are going out and 100 K in the next few months, but all right, Ronald is jumping the gun here.

Uh, who's buying the dip. All right here. Here's a one-year chart, aspire spy that we have up on the screen. Daily candles. Spy is off a little more than 2%. Um, I zoom this out to take a look at when was the last time that we've had a 2% spy day. I don't know if anybody knows that off the top of my head of their head, or if they have a data source that will point them in that direction.

Uh, but, but per my quick visual check on this chart, I don't recall the last time that we would have had a negative 2% spider. I mean, it doesn't look like we've had one. Again, this is very, very, uh, imprecise and me looking at it visually. So, so I'm curious if anybody else knows that. Uh, if we go over to IWM that that's the ETF that tracks the Russell 2000, the small cap stocks, another big red day.

The thing that's nice for iwi. It's sort of nice. It's been going sideways for six months. So at least we have like a pretty clearly defined level of support down here. Um, but, but, but who is buying the dip? I see emperor in the chat saying that that he's hedged he's staying in, but hedged. Um, but if you are specifically going out today in buying the dip drop the one, if you're sitting on your hands, hit the.

I'm just sitting on my hands today, producer, maybe I know that the buy, the dip has worked for the past two years. I've been a, by the different for the past two years. Today is a hands day for me. Yeah, look, I agree. I mean, I think that we're going to see throughout the rest of this week, is this a, you know, trend of a new market?

Are we going to see us enter, you know, kind of a bear market or is this just a bad day? And then tomorrow we're going to, um, you know, see a rebalance. I Daniel, shout out Daniel in the chat. He's saying turnaround Tuesday. He's banking on a green day tomorrow. I, I, I don't know, Luke, I just gotta wait and see, I wanna see some strengths come back in the market before I start going long again.

Um, shout out to born to be in MW. Those are the two brave chatters who are buying the dip. Everybody else's into everybody. Else's like me sitting on their hands today, not making a move. Those are the two brave ones, probably looking at the history. CNA, it's worked for two years straight. They're going to go ahead and hit the dip today.

Yeah. And let us know in the chat. Are, are you in any short positions right now? Like where are you in any short positions going into the day? If so, um, you know, what were those positions? How are they working out for you today? I know a lot of people I've talked to. Um, you know, playing VIX, you know, buying some VIX calls or things like that to try to, to try to get out in front of this uncertainty.

Um, but you know, I'm personally not in anything short or anything like that. That's headed my portfolio. So, um, you know, bad day for me overall producer AB um, and then what about. China, we will. You give us the lowdown on the China story for anybody who isn't aware and I'm going to, I that's Foxtrot x-ray India.

That's an ETF that tracks, uh, Chinese stocks that's off about 4% today. Yeah. So essentially look, um, ever Grande is China's second largest real estate company. And evergreen has accumulated a lot. I want to say almost $2 trillion. Worth of debt over the past 10 years. And there's just a lot of fear that, um, you know, this company blowing up or filing for bankruptcy could be very bad for the Chinese economy as a whole.

Actually they hold a lot of real estate. And then if the, if they have to liquidate it as a part of bankruptcy, it would just flood the market. Is that. Exactly. So it'd be like if a black rock or, you know, one of our biggest real estate companies had to, uh, you know, liquidate assets and thus, you know, messing up the markets.

And so basically all Chinese stocks are getting crushed today. I know Baba is down about 5%, um, someone in the chat, let me scroll up and find it.

Let's see zippity due to St. Baba breaking down new PNF target of 1 31. Um, so zippity, let us know if you're playing Baba. Like if you're buying puts, trying to watch it go down from, I think it's around one 50 right now down to 1 31, or let us know how you came up with that, um, target of 1 31. Um, because I do think that there will be.

Some, some good value in some of these Chinese names, if they continue to get crushed. Uh, but I've been saying that stocks have continued to get crushed, so I'm kind of just staying away from Chinese stocks at the moment. Okay. Yeah. All right. So, so, so that's the move there. Um, and, and you know, what it might be time for.

I might be a, by the different today.

What do you see on the screen? I see Deedee global, Inc. This is of course China's, um, Uber S company down about 7% today, Baba, like we mentioned down five and a half percent. Um, and. I don't know. I mean, I still like Baba is just such a massive company. They make so much money that I think at some point we're going to get to a point where Baba is low enough, that it becomes a very enticing investment, not just for retail traders like us, Luke, but for institutions as well.

They're going to say, Hey, wait a second. This company makes you know, a hundred billion dollars a year and this stock has a depreciated by more than 50% over the last. 60 or six bonds or so, and you know, not now, not yet, but I think when some of this fear subsides, we will see institutions get into, uh, you know, Baba.

And I want to see that coming back up to the $200 inch. All right. So D is 41 million transactions a day China's population, 1.4 billion. All right, they're doing 41 million transactions a day. Oh, I, I totally did that backwards. Sorry. So need 41 million transactions per day divided by the population of 1.4 billion guys.

That's 3% of the Chinese population is using DD every day on average

I mean, that's substantial. The company's not going anywhere.

Well, I want to see what the sales are. The other thing. And we talked about this a minute ago, Luke, is that, you know, we talked about it in regards to the Voyager short-term versus long-term investors are almost always, and when I say investors, I'm talking about institutions, I'm talking about what moves the markets, um, are almost always more concerned with like the long-term outlook rather than news in the short term.

Um, you know, so if there's news out there. Like what came out with apple and the app store fees that might hurt the revenue over a long period of time news, like that will move stocks and move markets. Um, but something that China recently announced that I think actually does have a, you know, longterm guidance impact on Chinese names is, uh, Luc China announced that they are.

Not going to enforce the, you know, two child rule or whatever. So I think it been part of what they're doing is they're trying to encourage people to have more kids, um, and thus making more consumers, more, uh, you know, driving the economy further. If you have a wider base of, of young people that are spending money.

So maybe right now wall China assets are getting absolutely crushed. People are overlooking that, that the stock is trading at at a.

Even up to, Hey. I mean, if you look at Bob was financials, it looks like a fricking steal right now, too, but I don't think a lot of investors are seen it. All right guys. D D D is the Uber. China stock has gotten Hamed since it IPO we'll zoom out. Here's one year chart. Daily candles stock reached a high of 18 bucks on the day debuted as a public company down below $8.

I did try to hit this thing along with calls amid this volatility here. So somewhere around here, those calls expired worthless. It was a waste of money. Um, it may be time to shoot it again. Um, Solar upstate and AB lose the candy. I'm not quite sure what that means. Solar up, if you don't mind, uh, elaborated on that a little bit.

Um, but yeah, I mean, so saying don't divide, you know, don't forget to divide the government correct downs, but all right. If anybody likes DD long, give me the one, if not give me the two, basically the thesis would be the stock has gotten hammered for items which are outside of its control. It's been, you know, net negative Chinese headlines.

Uh, it had like, like the app store thing, which it sends resolved. Um, you know, today we have the China real estate item, you know, 3% of the Chinese population is using DD every single day. Uh, the company reports twenty-five percent of the Chinese population uses D has used DD over the past year. Um, so, so, so, you know, one of you would hit it like.

Two of you to go short. I want to see you over that, on that thing. And I'll let the crowd decide for me. That might be my one by the dip today. I like it, Luke. I mean, I think anytime there's a lot of fear, it makes for good buying opportunities. You just have to be fearless and get in there when everyone else is scared.

Um, shout out, born to be born, to be free in the chats. And India is the market. China, um, gives out fake news. I do think there are a lot of good opportunities in India, too. I've been looking at just some kind of like India economy ETFs, um, because India's economy is actually growing at a faster rate, right?

Or at least pre COVID pandemic than China's was. Um, so I think out of all the emerging markets, India does look very interesting as well. The crowd has sort of mixed on DD. It's definitely bearish, but it's at least some positivity in there. All right. We'll let it sit mixed bag. We have a hot guest to bring on producer.

He'd be the first time he came on this show, he called the stock and the stock ran like 60. The next day. Yeah. Corey in the chat saying what's up with SMSI I'm glad you asked Corey. Cause we have a guy, um, Ben, who's going to come on from, from story, invest in and give us our story, story trading. That's going to give us some more insight on SMSI as well as some other stocks he picked out.

So without further ado, let's go with. And

Ben, how are we doing? Good. How are you doing a lot of, a lot of action, a lot of things that's off about. Yeah, guys. So if you're new here, maybe you haven't seen Ben on the show before. Um, Ben is from story trading. You can go follow him on Twitter. Also drop the website in that. Um, Ben, before we start getting into the tickers, can you just give us the kind of lowdown on story trading and what the mission is there?

Uh, yeah, sure. Story trading. Uh, the ultimate goal is to explain market price action, to discover the story behind the trade and the premise behind that is that there's reasons for why stocks move up and down and through crowdsource collaboration, uh, and, uh, social networking in our community. We can identify those catalysts that cause stocks to go up or down there by giving people a better understanding of the behavior of the stock, the investor expectations behind the stock.

Um, and then you can make better trading and investing decisions. So right now we collaborate as a community on WhatsApp and on zoom. And we have our own app that we're building on iOS and Android coming out very soon. Uh, you could go to our website and sign up for the waitlist. Wait, wait, before you get into it produced maybe with the stocks.

Ben Reed recount the story of your first time that you came on the show because you just dropped the symbol. And then that thing ran. I did, I dropped a symbol is around $5 and 50 cents. It was air H E H R. Yeah, that was a stock I've owned for two or three years. And I identified an inflection point in the stock a couple of weeks earlier, uh, with my colleague Ashley Day in our VIP meetings that we have on Sunday nights.

Um, I got in, in a big way at around $2 and 70 cents. By the time I got them Benzinga was around five 50 and that afternoon it ran to like nine plus dollars. And after hours. Oh my God. Yeah. Wait. So it must've been, which day would it have been? It would have been like around here or something then when you, and that was that big green candle there.

This one. Nope. Keep going further back. Oh, that was the day baby. And Ben, you kind of made it, you kind of made it tough on yourself cause that's hard to follow up, but now our audience sees you and they expect the 60 to a hundred percent. Um, so you know, maybe, maybe. Next time, start to start us out with like a 10, 20% runners.

So you don't have to try to follow that follow up the a hundred percent. Yeah. Yeah, I'll do my best. So yeah, I got all I, not a lot of talk about first. I just want to mention that before we get into it. Uh, I want to acknowledge what's going on in the market, um, on spy, on the cues on ideal IWM, there's a lot of important moving averages, being breached, um, 50 day moving averages in particular, across the board, pretty much, uh, it's something that, uh, We've been here before and it doesn't necessarily mean we dive down to the 200 day moving average, but it is a risk.

It is something people worry about. I'm personally not doing much about it because I've been trading for over 20 years. And on many, many occasions, I've been able to time time the top or time getting out just in time when there's a crash, but I never get back. And the reversal and looking back months later, I'm like, I would've been better off if I'd never made a move.

So that's been my experience. So I haven't made many moves today, except I did raise a little bit of cash with a firm that was just a, uh, a trade I made when they got the Amazon deal. Um, so I was up on that, raised a little bit of cash from pre. And I added to a VIP stock, a soy trading, VIP stock called QC copper and gold, uh, QCC, U F.

I've never mentioned, uh, on here before, but we have videos on it.

Yeah. You see you F yeah. It's, it's a, yeah, it's up about 30%. Well, right at this moment, 22%. Yeah. So that's a VIP pick. I've held it for months. They had significant significant news today. I think this could be a five to 10 bagger. So I've I added this morning. I'm still on the bid. Actually. I'm trying to buy.

Um, but, uh, so that, that, that's all the moves I made today so far sold a little from buying more QC. And when you're ready, I can get into some of my prepared slides. I'll give you an update on errands and other. Yeah. Yeah. If you want to hear it, if you want to go ahead and share, update on air, uh, and then let's rip into the new stocks.

How's that if you want to go ahead and share your screen, we'll get it pulled up real quick. One thing I like to do on days like this, where a spiced out and, you know, almost 2% or 2% at this point is I like to look around and see kind of which stocks. Are you are down more than the market and which stocks are down less or even up, because I think while the markets are getting crushed, when you do see those one or two stocks that are green, that's a good sign that just shows you some are cyclical assets, like gold might be doing well today, or, you know, things like that.

But outside of that, if say, um, I don't know if there are any big name stocks that are actually like up-to-date, but say like Amazon is down only. Well here, I'll check for you producers. If you're wondering what. Uh, this is the movers widget in Benzinga pro. Okay. You go to Benzinga pro P R o.com two week free trial.

Okay. Totally free. You can follow along. Uh, I'll even put the link in the chat and make it easy for everyone. Um, but AB here, all the stocks over there's 300 million market cap. If you on big stocks, we'll move it to a 10 billion plus market cap. These, these are the large cap stocks that are up today. Um, AstraZeneca.

Uh, a lot of energy stocks, it looks like, yeah. I'm seeing American airlines in there. So, so there are some stocks that, you know, could just be up from wait, where do you see American airlines? All right. They're AAL. The only airline. I know. So that's showing me that there's some air American airlines is showing some relative strength, not only against the market, but also against its industry against airlines.

Um, so things like that, I kind of like to add to my watch list on days and saying, Hey, like American airlines might be strong throughout the week. Um, you know, maybe airlines in general right now are performing better than the market. So I think even on down down days like this, there are always opportunities.

You have to be a little bit. You know, I guess less risk averse, if you're worried about like an overall market correction that could still hurt some of these names. Um, but yeah, I mean, that's just something that I like to do is kind of add stocks in my watch lists that are performing better than the market are better than, than the relative peers.

Okay. Yeah. And here I'll call it one more thing and we're trying to get to AHR, but, but I just, while I'm seeing it, so, so, so we look at a lot of these stocks that are up today. So you notice that there's a lot of energy names, uh, that are trading higher. There's a handful of them in there, USO that that's the ETF that tracks the price of oil is actually down.

So, so, so the oil futures are actually down in price. W what that suggests that a first glance to me is that there's some rotation into those energy stocks. Um, you know, it might be dollars that are rolled, rotating out of like your, your triple Q stocks, uh, you know, tack heavy index into, uh, some of the, some of the energy games.

I know, 0.7% now, man, at 3%, 2.7% and we're at the lowest. Oh, and we were just sitting at that low. We typically see that loop when there's market weakness that, um, you know, money flows into the value stocks, into the stocks that are currently making a lot of money compared to the more speculative assets like your, you know, big tech companies that are looked at as more growth opportunities.

Um, but yeah, Ben, without further ado, let's get to H R um, I know we've got a lot to kind of run through, but we we've got some extra time today. Okay. Great. Let me know when that screen is upgrade. Yeah. Quick, the slimmer, I got to do story trading, not an investment advisor, investing in securities and false significant risk of loss.

We talked about what story trading is. So air there it is. There's a chart. Uh, Fundamentals catalyst sentiment and technicals to do this. This is what I presented. It was $5 60 cents that they have been Zynga. And look what happened since it consolidated and it kept on running. It hit $12. Right now it's $10 89 cents.

So let's find out what's going on. Sorry. Sorry, Ben. But before you really get into it, can you just give us some background as to what the company is, what it does. Sure they test a semiconductor chips, uh, that are used, uh, in, in this case, Silicon carbide is where most of their business comes from. These are chips that are primarily right now be used in electric vehicles.

A Tesla is probably from everything we can glean the, uh, the end customer for most of their business right now. Uh, so they sell their testing equipment to a manufacturer semiconductor manufacturer called on semi. And then, uh, those trips make their way over to Tesla for Evie, but their technology can be used in many, many other industries that have a lot of other things going on that could help explode the stock even further, but just the Evie alone and the Silicon carbide, uh, testing of those chips, um, alone is something that could continue to be a very strong tailwind for this.

Perfect. Yeah, you sir. Keep going. Okay, great. So I just want to review what happened here when it got from two 70 to five 60. So, uh, um, quickly, uh, when I presented last ended at 17.4 million orders in six weeks. And, uh, this was a real inflection point for the company because it's signified that they're going to be getting recurring transactions because they're testing technology of these chips in the past were only used for sampling.

So apple was one of the big customers. It was, but it was used for sampling to verify that their production, uh, uh, was going well. And it was so they didn't need to test every single chip coming out of the system. But with electric vehicles, the chips, the silicone carbide chips, a lot more sense. Uh, testing a sample is not enough.

You have to test each and every single one and burn them in basically, uh, get the ones that are not good. Get it out of the system. Otherwise the UV cars can kind of stop in the middle. So the inflection was recognizing that this is, this is going to be recurring orders. So look what happens since though, since, uh, I presented to you guys last, they got enough.

They had 17.4 million orders. I got another 23.6 million orders in just two weeks. It started with a 3 million EBV order. Um, the impact is, is wrong on there. I start with a 3 million order, uh, then August 31st 1.2 million order for a separate. Use case Silicon photonics, which is something, it can be huge.

It could be related potentially the apple watch coming out in a couple of years. We'll talk about that. Um, and then they got the biggest order in company history a week after that 19.4 million orders significantly in that press release, they talk about. Uh, use in also electric storage and solar power conversion, which makes it even more clear.

The end customer here is Tesla, and you can see that the impact on the stock price is 5 83, 6 91, 8 39. This is before the news came out. Now we're again, we're at 10 90 this week. We have a catalyst. We have. Thursday after the close. Um, I don't know what the market's doing, but the stock is holding up.

Well, it's only down 2% after the stock is like over tripled in the last two months. That's amazing. I think we could see a lot of strength today going into earnings on Thursday. We can maybe see an earnings anticipation, right? Um, one thing I want to caution people, the numbers won't be on the top line in this report, they just did this 19.4 million was after, you know, after that quarter close.

So some people just be careful don't expect like 20 million quarterly number. It doesn't happen like that. Right. Uh, but nonetheless, people can be anticipating great Carter. The stock might run up. I'm going to be looking at backlog and guidance to, to figure out what I do on. You know, with the report.

Initially, when I went on, I told you guys I'd be looking at first of, I did say 50 to a hundred dollars in two to three years. I think that's still on the table. Uh, as far as trading, I said, I was looking to take some off the table and the $9 plus range while with all this news that happened. I, I really haven't done that.

Uh, and my new target to take some off the table is in the teens. Um, I had to take off a small amount, uh, because I had calls that were expiring and, uh, A little bit of a margin thing that's take care of. So I did sell a very small amount, but I still have over 90% of my position. And at this point, Yeah. I mean, I know since you've been on the first time, we've had a lot of chat interest about AHR, even on days where, you know, you're not on people in the chat are still asking about it.

And yeah. I mean, I think, you know, right here, we're just waiting for that. The next big catalyst, if HR announces that Tesla is a partner, I think we'll see that stock run out. I mean, do you have any opinions? Yeah. That that's not going to be announced because they're not the direct customer that they're the end customer.

Uh, so they, they, they sell this, their product, the semiconductor manufacturers, uh, you know, not to Tesla directly. In fact, it's possible. They have more than Tesla. They may have multiple UV customers are ready right now. So that's not something that's gonna be. Okay. Yeah. Thank you for that clarification.

Cause I was thinking if we do get that announcement, that Tesla is a, you know, a partner that we'll, we'll see that stock run even more. Um, but like we were talking about earlier, I mean, AHR, it is showing, you know, it's not down as much as maybe some others in the market today. Um, the charts actually look pretty good on the, on the one day chart.

Yeah, it's strong. It's strong because of earnings this week, I think. And here's, here's the chart here? 17.4 million in six weeks, all by 23.6 million in, in two weeks. There's one sentiment issue that people should be aware of. September 4th, they follow the. Uh, for up to $75 million in offerings. Now at the time when that happened, uh, I was actually very bullish about that, uh, because I know their financial situation.

It's pretty good. They get paid 30% cash upfront. This is not, you know, uh, something out of desperation. Uh, I predicted that they filed that because good news was coming and like the next day then Nelson 19.4 million. Um, so they're only going to sell stock if the stock is really inflated and they were just preparing for that because they knew the good orders were coming that was followed up with a couple of days ago, uh, as part of the 75 million, they filed at 25 million ATM.

Uh, they haven't sold any yet. Again, I think this is a signal that they know good news is coming and they want to be in a position to take advantage of very high prices to just shore up their balance sheet on. Definitely. Yeah. I mean, I think a lot of times people have kind of obviously a negative reactions to anytime a company raises money, but it doesn't always necessarily mean it's necessarily a bad thing.

Yeah. And there you go. I have a point here were raised as you need to survive, which are bad raises that can impact the stock badly and raises that you want for growth, which is a good thing. And this is the letter. Yep. And we've seen a bunch of, uh, you know, really strong company. You know, do offerings for, for that reason to grow rather than out of necessity.

So I'm definitely not, you know, something that's a deal breaker for me, at least. Um, when we see, let us know in the chat, if you have any questions about AHR, I'm sure Ben can, um, you know, either answer them or at least direct you toward the info that you need to answer those questions. Um, do we have more on AHR?

Ben are, we were getting, I know that's all I got. So you let me know when you're ready. Yeah, it sounds good. I just want to give the chat one second to see if we have, uh, any questions fly in. If not, we will. We'll move on to the next one. All right. So, um, we did present a couple other stocks that Benzinga, and I'm all about accountability.

I'm not going to put a stock out there and forget about it, uh, if it does poorly. So there were three other socks we met. Um, SMSI uh, has performed poorly. It was five 60 or five 70 ish. I think. I don't know exactly what it was at the time I presented on July 26th. It's now, before today, four 70, uh, if you recall, I was waiting for a big announcement with, uh, T-Mobile or Verizon that hasn't happened.

It seems fundamentally all those things are still happening, but the PR is not happening. And, you know, that's something that, uh, They don't have total control over it. It's based on when the carriers decide to PR it. So that's why it didn't happen. I lost a great amount of money on calls on that. So, uh, so I missed that.

I still own the common shares. Um, it's fundamentally as stories and tech, uh, just, you know, not playing any calls on that anymore because the timing of the PR is kind of unknown. Got it. Yeah. And we appreciate the, uh, the accountability or setting up a bad example for me though, because then anytime that I get a stock that doesn't perform well, I got to go back to.

And own up to it. Um, you know, so let me know in the chat, which, which stocks that I need to be accountable with and go back and revisit. Um, definitely Baba for me recently. Okay. Kathy's asking that she missed a H I'm assuming she's talking about EHR. Cathy. We just talked about AHR. If you rewind about 10 minutes, you'll see us, um, give the low down and break down with what the most recent news is on AHR.

Um, all right, Ben. Well, so we've got SMSI. What else is on the DOB? We also presented a VTS PSI. Uh, play a police training. I don't know if you remember that, but we did present that it's done very well with 7 26 1. We presented it before today was 8 96. I think it's still on with the market today, 53, but it's still up.

They've had a couple of orders keep falling in since we presented to you. I still own it. Actually. I have some also deepen the money calls, so I'm very happy with how that's whole. Beautiful. Yeah. I mean, I think this is, this is one in an industry that, um, has of course long been dominated by, you know, just one name or two names.

A taser comes to mind. But I think as, as we see. You know, real when you see companies spending money, trying to fix this problem that, uh, you know, obviously there's a demand out there to fix it. As far as police brutality, there will be a lot of other players that become, um, you know, sound investments. So this is one that definitely, um, you know, could be good for the longterm.

Yeah, absolutely. I really do like this one for longterm. Uh, another one, which I'm very bullish on. I have a relatively large position is Dario health. Um, this has been basically parroting the, uh, uh, copying the Teladoc chart, tell the docs like the bellwether for this, uh, industry and all the, all the digital health plays are following that stock.

Um, that's been up 16% since presentation before whatever it's doing today, maybe down. Yeah, Ooh, it is down 8% today, but it's probably still up since I presented it. So here we're waiting for game changing news of an insurer. I still believe that that news is coming. And when it comes, the stock will pull you reflate to 20 plus dollars.

I spoke to the CEO last week. He said, no changes. Uh, you know, in his guidance, he still says it's imminent that these insure deals are going to be coming. So I'm very excited about that. And I still own it. I think it's going to pay off as just a matter of. Yeah. Um, you know, this one is definitely one that we've been seeing in the chat a lot, watching this one as well, kind of similar, similar things to, uh, about the police though.

Police brutality market is just, it's a very growing industry, right? You have, um, Uh, you know, digital health Teladoc, as you mentioned, kinda dry, uh DRIO is kind of tracking Teladoc, but I think as we see more and more digital health evolve, we'll see a lot of names kind of become good investments. Um, I'm seeing David Miller in the chat saying AHR just went green.

Um, when we were talking about a couple of minutes ago, I pointed that out, but the chart actually looks good today, especially compared to, to everything else out there. So definitely some strength in age. Yes. A E H R right now. And that's exciting when you get a stock that's green on a red day like this, sometimes they can squeeze.

I'm not saying it's going to squeeze it all. Not saying that there's not a huge short position in AHR, but sometimes you can get unbelievably great performance and stops that stand out because all the traders are looking for what's green and they may all pile into a green stock. So. I wouldn't complain if that happens today.

Yeah. Speaking of a, you know, squeeze it. So I, I was watching it earlier. Smile, direct club opened up and went up, uh, you know, a bunch I think about like 4%, which actually isn't that much. But compared to everything else today, seeing a stock that was up 4%. Yeah, it looks like it's doing pretty well. Um, and since then the stock has been trading down, trading down more than 11% from its highs currently at 6 46.

So a lot of people kind of chatting about smile, direct club on different forums, Reddit, Twitter, you have it. Smile, direct club, picking up a lot of interest from retail traders. So that is one that is going to be on my watch list for the week I've been tracking. Uh, Reddit is excited about it. A huge short position.

I think they're artificially trying to generate something. I don't love, plays like that. I don't believe there's any recent fundamental news justifying it, although I didn't do the full research on it, but, um, I, I just think there's stocks out there. They just target with very high, short positions. They go in there, they try to generate gamma squeezes by buying a bunch of calls.

I think that's what they're trying to do with this. Yeah. I mean, and I mentioned this before on the show that I think with some certain stocks like this, like, all right, you have to keep a couple things in mind. A there's a reason certain stocks have such a high, short interest. And a lot of times it's because there are fundamental problems in the company that people are identifying and going out and saying, Hey, this makes for a good short, because X, Y, and Z, you know, for whatever reason it is a.

But I I've said it before that I think with stocks, you know, like smile, direct club, or like wish that may have problems with the company, but that could be candidates for a short squeeze. I don't hate the idea of taking some money, maybe, uh, you know, for me, like I'll take like $500 and just buy some calls that I know like, Hey look, there's a good chance.

These calls expire worthless. But if, if this comes to fruition, this stock does run. Then my $500 calls. You know, twenty-five hundred dollars or, you know, five times the amount. Um, so I think if you keep your, your risk very limited, you know, like, okay, this is a finite amount of money I can lose on these calls.

And I I'm willing to take that risk on that. It's not a bad way to play some of these like very speculative, um, squeeze operations. Sure. Absolutely. Um, all right, so I got a few more quick ones. I know we're running short on time, but, uh, I've had, we've had every Sunday night, we have presentations at soy trading.

Sometimes there's new socks sometimes are when there's a new stock. We track it as a VIP pick. So we've had three new socks presented, uh, since, uh, First one I'm pointing out is GMER, it's an NFT gaming stop. I'm excited about this because I know NFC is really hot. I never got into anything NFT, but the presentation by a colleague, Michael Michael Cook was really good, strong presentation.

I got in the socks of 20%, 28% since it was presented. I own the stock. Let me just run through these. And then if there's questions we can get into it. Another one that was presented by a strong presenter in our community, our Warwick is NFU systems, IFU, very strong, fundamental story. We're tracking on our websites that VIP pick it's down 10% since the presentation.

I don't own this one. Uh, then Rockley, this is interesting. This is, we got to take a minute. Broccoli is a stock that was uncovered during the research on air test systems. So a Ashley Day who presented to our community air test systems, um, he found broccoli. This was a spec that was originally SC health.

Now Rockley has the Silicon photonic chips they work with, which air has the testing solution for an apple has been working with Rockley apples, given $70 million so far to run. To generate these chips, which have lasers on them that allow, uh, they have health sensors with lasers. They can do continuous glucose monitoring, heart rate, pulse SOPs, things like that.

So this is like really the next generation in terms of, uh, med tech and digital home monitoring. And, uh, this is for the 2023 apple watch. I believe that's being developed at market caps. Only a billion dollars. I think that's so cheap. If this comes to fruition. It's been extremely volatile. I own it. I've also been shorting the puts because the premiums are so high, uh, because of the high volatility, but this is just an exciting stock.

You know, we talked about digital health, Teladoc and Dario, and I've always had this vision of the future of, you know, if you're a star Trek fan, they had these tri quarters, right. You go onto the, the medical bay and the, you know, they put this tri quarter of your body. And I I've always been excited for that.

And I feel like this is a big step towards that this apple watch that's coming from broccoli. And if this continues, if there's no hold ups here, and this comes out in 2023, I I'm thinking Rockley can be a 10 20 bagger. So I'm long broccoli and excited about the association with air because air might be in a position to test these special chips coming out of, uh, of, of broccoli.

Yeah. I mean, I love this play. I think that a lot of, I think that's what we're going to see in the new developments in apple watches and in wearable tech is, um, you know, just more health insights. And I think, you know, obviously the global pandemic has, uh, you know, created an even even bigger demand for this because I know apple watch, you know, right now people were talking about like, oh, with COVID like how great it would be.

If you could see your, um, Oxygen levels, you know, and all that data that in the future we will have on our way. Yeah. Yeah. I'm really excited for that very much. So I think this is a stock I'll take, uh, I guess what's the downside risk? I don't know. Apple says it's not working out. We're just going to cancel a contract.

I guess there's a chance of that. But so far based on all the data I'm seeing, coming out of the companies, you know, it looks good. So if this, if this proceeds, I can't imagine this not being a 20, 30, $40 billion company. Um, so I'm just going to diamond hand this one, honestly. Yeah. And I'm looking at the chart right now.

It looks like after the, uh, spec was announced, uh, the stock ran up to about $16 and since trading lower currently at $8 and 64 cents. Um, but kind of like AHR it's, it's actually green on the. Which we haven't seen a lot of stocks that are agreeing on the day. So, um, could be showing some, some strength right now, adding this to the watch list for sure.

Ben R K L Y. Why do you think, do you think it's just cheaper for apple to kind of be outsourcing this rather than trying to develop this tech? Develop their own semiconductor chips. I mean, that's a huge industry you're talking about. I've, Rocklea outsourcing this to fab, you know, I'm not sure which one, but like what you want to be Intel on semi tower SEM, you know, tower some TSCM, uh, that's a trillion dollar market cap right there.

So maybe one day they'll make their own ships, uh, you know, but for now they are, uh, relying on. Okay. So Rockley makes actual chips that, you know, empowers these, uh, lasers and what, well, Rockley, you're saying it's outsourcing the actual chip making company, but they have all the patents. Yeah. Okay. So it's, you know, TSM or, or AMD or someone like that is like, I'm not sure who they're using.

Got it. Uh, Roy in the chat saying, do your research on CRISPR chips, these chips will help diagnose and cure chronic illnesses using DNA editing. Um, I don't know if you have any insight on CRISPR. I've heard a lot about it. It seems fascinating. I haven't researched it, but definitely something I'd like to look into.

Okay. Awesome. Um, Ben, do you have any other stocks on today? Yeah, I just want to mention, first of all, these VIP picks, we've had 53 of them since May, 2020 that were dramatically outperforming the markets an average of 49% return over 245 day holding period, which is 73% annualized. You can see that performance is soy trading.com/performance.

Uh, quickly, I want to mention a couple other VIP picks that are doing well today. I didn't mention QCC. Uh, doing great. It's actually, because of this, my trading account is up today. Believe it or not, just because of the move on QCC, a QC copper and gold. There's one more. I forgot to put a bullet on here, which is TPCs another VIP pick, which is a highly popular stock in our community.

Uh, perhaps we'll do a dedicated presentation on TPCs. They just had a major technical, uh, event Friday. They broke out to a new multi-year high above a dollar 75. I bought shares on the breakout Friday, and it's holding up today. I'm at a dollar 75 in this kind of. I love the chart. I'm excited about that.

I think just technically this can go to two plus and the very, very short term. So maybe we'll come back and do some updates on one of these, a fix at some point. Got it. Yeah. I'd love that. Um, I don't know if you have a minute, Ben, but we are getting some questions in the chat. Um, G mastic is asking about AMD.

I don't know what your thoughts on are kind of, uh, you know, the whole semiconductor industry as a large. Yeah, I honestly, I don't know a lot about AMD. I, I don't do a lot of research on big caps. Sometimes I'll invest in, in big cap stocks. Uh, just because I like the industry and the Tam by specifically like research wise, I don't know anything specific about AMD, uh, to tell you on the apologize for that.

Got it. Um, all right. Let me see if we have any other questions in the chat seeing if, if you know anything that you might have some. Um, the last pick, I believe you met TP or key SDN. What was the ticker again? T T P T P C S uh, they, they make, uh, submarines for the us military. I mean, submarine parts, um, lots of submarine parts.

Uh, I don't know the details exactly which parts, but they make lots of parts and military contracts and, and this, they did a merger recently, which is going to dramatically increase their revenue. Um, and I think they're having a conference call next week. They just announced this morning, you're gonna have a conference call next week to talk about the merger, but just look at that chart.

Uh, I just, I just think it's ready to explode. Yep. And just a quick note, I mean, obviously any of these super small companies microcaps are going to be a little bit riskier than some of your big names. Um, so just do it, that what you will. Um, but yeah. Ben, thank you for coming on today. It's good to check in on all the stocks that we've talked about.

SMSI AHR. Um, and yeah, you know, I know we get a lot of questions from the chat about these stocks, so we'll, we'll have to have you back on soon to get more updates as. Sounds good though. Maybe we'll talk about the AHR earnings on Friday or next week. Yeah, yeah, yeah. So that's coming out. That's on the 20th.

Yeah, that's this Thursday. Okay. Got it. And I'm going to go ahead and drop the link again to story trading it in the chat. If you haven't checked it out already, please do. That's where Ben and his team. Um, you know, their DD and VIP picks, as he mentioned, a lot of those picks are outperforming the market.

Um, but yeah, you know, I just want to make that clear that some of these smaller names do, you know, become a little bit riskier investments are more established names. All right. Thank you. Any big plans for the rest of the day? Ben? I got a deal. Both of my cars are flooded out by hurricane Ida. Oh my gosh.

Oh wait, uh, New York. Yeah, it was, it was terrible, man. Yeah. So I'm still, I'm still dealing with that. And we had some flooding in our homes. It's been crazy. I'm sure all the insurance companies are kind of like bogged down. You know, they are probably not the quickest, uh, customer service right now.

All right. Well, like I said, thank you again for coming on and we'll get you back on after the AHR earnings. I know this is one that zinger nation as well. All right. Good luck everyone. All right, Ben. Enjoy the rest of your day. Good luck. Good luck with the cars. Thanks. Take care. All right. You too. All right.

Y'all that was Ben from story trading. Go check out this site. If you haven't already, um, I'm going to pull up my Benzinga pro I'm just going to take tickers out of the chat from now until get technical. So let me know. Okay. You know what y'all are looking at. We do have the Benzinga E V conference coming up this Wednesday.

So if you're interested in electric vehicles kind of want to learn how to trade, um, electric vehicles, which I think it's, um, you know, imperative, if you're out there actively trading that, you know, your way around these names, because it is such a hot industry in the markets. And one that is going to continue to grow.

So if you're, um, you know, searching for kind of new ways to trade EVs, uh, let me know. I'll drop the link for the conference in the chat, and you also will be entered to win a free year of Benzinga pro that is more than a $1,500 value. Um, so you really have no reason not to sign up and register for the event.

It is free. Uh, let, uh, let me see. Pickers from the chat. I'm seeing Hertz scrambler saying our bot checking on that. I'm not very familiar, um, via curious surgical, Inc. So let's see what this company does. Uh, wait a minute. We don't even have the company overview and Benzinga pro um, seems like it's some sort of biotech.

Let me take a look at the chart. Oh, th this, this just IPO today hurts scrambler

Nellie for Tata is asking about Jemiah. This is one. Um, I I've gotten crushed on this one, so I've actually kind of like stepped away from trading it. The chart, honestly, the chart looks good. It looks like we have some previous support here. If we go back down and hit this spot again, this $17 flat. So if this were me just looking at the chart for one second, I would wait to see if we test this support again, right at $17 flat.

And then get in on a double bottom and try to ride it back up, um, to this previous resistance, um, or maybe even right here of $23. So I think you could squeeze a little bit out of this trade. If we see it, see it bounce back down to, uh, you know, $17, but look on a stock like this, that's down 7.7% on the day.

Um, you know, that's showing me that this is down more than the overall market, so it's showing relative weakness today. Um, so that just means to me, Investors are selling this at a faster rate than they are selling other assets or the buyers aren't coming in as much as, as in other assets. So that is one that I will, you know, I would look for on Jeremiah to drop down further.

Of course, the story behind this one is that, uh, Africa is an emerging market. It is essentially the Amazon of Africa. So people do like it a lot for its long-term potential account. Another one in that same realm is ozone holdings. This is kind of the same deal, but out in Russia, I'm an Eastern Asia. So ozone is the e-commerce player out there.

And yeah, I mean, I think one of the things I like about ozone, which I don't know the numbers off the top of my head for Jeremiah is that the percentage of people that actively use e-commerce in Russian. Is way lower than in other parts of the developed world. Um, so the idea is there that over time, Russia e-commerce will pick up and start matching that of the rest of the world and thus bringing a lot more business to ozone.

So that's definitely one of the things that a lot of people are looking out for and ozone is just that win-win, Russia's e-commerce, um, you know, you know, get to the levels of that, of surrounding countries. Uh, shout out Chris catchy and the S in the chat saying our bot went public via spec surgical robot company.

Uh, yeah. Look, my, my mom, uh, was, is a PA. So physician's assistant and she's done surgery for, you know, a very, very long time. And she's basically told me like, Hey look, the future is the future is going to be, you know, not even, not even people. Cutting into people. Essentially, the doctors are just going to be there, supervising the robots, doing the actual surgery.

So I don't know when that's going to happen. Um, but apparently according to my mother, that is the future of medicine. So I'll have to keep my eye on this one. Chris, um, mom says in the chat chat saying, look an extra Shapiro here today. Uh, I will defeat you with facts and logic. A F R M a firm. Of course, affirm is a stock that has absolutely ran sensitives announced a deal with Amazon.

Um, we saw a firm trading in this range for the better part of a, the past year from about 50 bucks to 70 kind of trading down here. And then here you can see where the deal was announced with Amazon initially spiked on the news, uh, that Amazon would be using a firm. So essentially, you know, if you're unfamiliar with this company, it's essentially just a buy now pay later.

Um, so if you want to buy a couch off Amazon, that's a thousand dollars, a firm will allow you to say, Hey, Would you rather buy this thousand dollars couch and a hundred dollars, 10, a hundred dollars installments. There's no interest. Um, and essentially a firm is making money. If people don't pay those installments on time, uh, we we've seen a lot of kinda, you know, buy now pay later, come about over the past couple of years, fintechs are really eating this up.

You know, I'm curious to see like long-term effects of this. If there will be a lot of debt passed on to kind of sub subprime borrower, We will see. So this first big green candidate. When the Amazon deal was announced, traded lower a little bit. And then this is when the company reported earnings and they of course spoke on the guidance of what this Amazon partnership will mean for the company.

So the stock has seen two huge legs up in the past. And now currently trading down 9%. I mean, this is the definition of a growth stock. You're buying this company now because of all the money that it may make down the road. So anytime we have a day like today, where the QQ cues are just getting hit, we will see those more speculative growth plays get hit harder than the overall market.

Um, I'm keeping my eye on apple down more than 10% from its highs. Uh, just a couple of weeks ago on September 8th. So stock was trading at $157. Now it's $15 lower at 1 42. And my thing with apple is I think you can make a very strong argument that this stock has been, uh, not only a growth stock. The one of, if not the best performing growth stock over the past 10, 20 years.

And now it's gotten to a point where it's such a massive company and make so much money, uh, that you can make an argument that it's a value play. Um, oh, Jean monster, like Jemiah, Jim speaking to apple, gene monsters is one of the biggest apple and Tesla bowls. Uh, so he seems to know what it's talking about when he's able to identify, you know, strong companies.

What's with S N T G today. Let's check it out. Solar. Centage holdings. Wow. I mean, talk about a stock that's showing relative strength up 26% while the markets are getting absolutely crushed I'm on the two day chart. Right now, we can see that the stock at all, the way as high as $3 and 58 cents, currently $3 and 16 cents cents controls means a financial service ride that offers a comprehensive range of financial services across consumer loan payment.

Um, wow. So this is actually a Chinese stock. That's up this much.

I mean, I'm not seeing any specific news on why the stock is moving so much, but we do have get technicals starting right now. I'm going to drop the link in the chat. Um, big get technical episode today. We're going to be talking about. How to trade options in a volatile market, how to trade options while the markets are getting a hit.

Um, so if you're like me and your option contracts, we're just getting smoked today. Tune in, uh, when Neil and I on get technical, we will have Chris Capri joining us at one 30. He is an options wizard. So we will be able to learn a little bit more about, Hey, while the markets are down. You still want your portfolio to be.

So, if you want to be agreeing, while markets are read to know and get technical, we're going to talk some hedging. Um, and without further ado, join me over there. Link is in the chat and I'll see you there.

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

BENZINGA ELECTRIC VEHICLES CONFERENCE SEPTEMBER 22, 2021 Click here to register for FREE
Episode Summary:

• Good Value Plays For Rest of the Year
• $PLTR Takes Off

Benzinga Feedback Survey link

Give us 10 mins of your time to fill out this Survey to win a year of Benzinga Pro membership.

Guests:

Frank Curzio

Joby Aviation Executive Chairman, Paul Sciarra (JOBY)

$USGDF CEO Warwick Smith

For more trade ideas check out :

https://www.benzinga.com/trade-ideas

Resources:

https://www.benzinga.com/sec/insider-trades/

https://www.benzinga.com/difference

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

• Subscribe to all Benzinga Podcasts here
• Get 20% off Benzinga PRO here
• Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

BENZINGA ELECTRIC VEHICLES CONFERENCE SEPTEMBER 22, 2021 Click here to register for FREE
Episode Summary:

SPACEX Launch

Stocks talked about in the show today:

$HMNY, $HGMCF, $CELH, $GME, $SDC, $PRTS, $LOTZ, $HUT, $COIN, $BROS, $BAC, $ENG, $AMPE, $TSLA, $WKHS, $OSK

Click here to listen to the Power Hour $BTBT Interview

Crypto update -Get $50 in FREE Bitcoin when you use the code ZING on Voyager

Give us 10 mins of your time to fill out this Survey to win a year of Benzinga Pro membership.

Guests:

Definitive Healthcare Corp. Founder & CEO Jason Krantz (NASDAQ: DH)

For more trade ideas check out :

https://www.benzinga.com/trade-ideas

Resources:

https://www.benzinga.com/sec/insider-trades/

https://www.benzinga.com/difference

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

• Subscribe to all Benzinga Podcasts here
• Get 20% off Benzinga PRO here
• Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

BENZINGA ELECTRIC VEHICLES CONFERENCE SEPTEMBER 22, 2021 Click here to register for FREE
Episode Summary:

Market reactions to CPI Index

Crypto Update

$YVR $BTBT

Guests:

Ron Thomson CEO of Liquid Media Group Ltd. (NASDAQ: YVR) 18:00

Bit Digital CEO Bryan Bullett (NASDAQ:BTBT) 26:00

For more trade ideas check out :

https://www.benzinga.com/trade-ideas

Resources:

https://www.benzinga.com/sec/insider-trades/

https://www.benzinga.com/difference

Get $50 in FREE Bitcoin when you use the code ZING on Voyager

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

• Subscribe to all Benzinga Podcasts here
• Get 20% off Benzinga PRO here
• Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

BENZINGA ELECTRIC VEHICLES CONFERENCE SEPTEMBER 22, 2021 Click here to register for FREE
Litecoin's Lee Says Statement Went To Litecoin Twitter In Error - ReutersEpisode Summary:

- Litecoin Market Manipulation? 7:00

- Theatre stocks rip higher

Tickers talked about on the show:

$COIN $WMT $DKNG $ZM $ALF $BBIG $CNK $AMC

Guests:

Dan Raju Founder & CEO, Tradier 11:00

https://twitter.com/dan_raju

Paul Pereira CEO of ALFI $ALF

https://twitter.com/paul_a_pereira

For more trade ideas check out :

https://www.benzinga.com/trade-ideas

Resources:

https://www.benzinga.com/sec/insider-trades/

https://www.benzinga.com/difference

Get $50 in FREE Bitcoin when you use the code ZING on Voyager

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

• Subscribe to all Benzinga Podcasts here
• Get 20% off Benzinga PRO here
• Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Sign Up for our 1 day Benzinga WebinarTRANSFORM YOUR TRADES IN 1 DAYSEPT 11 | 9 - 5 ETRegister here for FREE.
Episode Summary:

Jam packed show today with new companies and tickers.

Tickers talked about on the show:

$MYMD $AGRI $SPY

Guests:

Frank Curzio - Wall Street Unplugged 5:00

Anthony from Vinovest https://www.vinovest.co/ 13:00

Ingo Mueller, CEO of AgriFORCE https://agriforcegs.com/ 26:00

AgriFORCE Announces Memorandum of Understanding to Deploy its Proprietary Facility and Intellectual Property in Barbados for the Production of High Value Medical and Agricultural Products

Moscase Founder & CEO, Akos Balogh & Chanteva Schoch https://www.moscase.com/ 40:00

For more trade ideas check out :

https://www.benzinga.com/trade-ideas

Resources:

https://www.benzinga.com/sec/insider-trades/

https://www.benzinga.com/difference

Get $50 in FREE Bitcoin when you use the code ZING on Voyager

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

• Subscribe to all Benzinga Podcasts here
• Get 20% off Benzinga PRO here
• Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Sign Up for our 1 day Benzinga WebinarTRANSFORM YOUR TRADES IN 1 DAYSEPT 11 | 9 - 5 ETRegister here for FREE.
Episode Summary:

Tickers talked about on the show:

$LOTZ $FUBO $APPL $COIN $HOTH $EFTR $GSAT $SOGU $BBIG $WISH

Guests:

Josh and Zach from https://www.tiktok.com/@ceowatchlist 13:00

Chief Scientific Officer of Hoth Therapeutics , Dr. Stefanie John NASDAQ: $HOTH 33:00

For more trade ideas check out :

https://www.benzinga.com/trade-ideas

Resources:

https://www.benzinga.com/sec/insider-trades/

https://www.benzinga.com/difference

Get $50 in FREE Bitcoin when you use the code ZING on Voyager

Hosts:

Aaron Bry

Twitter: https://twitter.com/aaronbry5

Hot Stocks Luke Jacobi

Twitter: https://twitter.com/lukejacobi

Jason Raznick

Twitter: https://twitter.com/jasonraznick

Subscribe to all Benzinga Podcasts at https://www.benzinga.com/podcasts

Get 20% off Benzinga PRO https://benzinga.grsm.io/youtube20

Become a BENZINGA AFFILIATE and earn 30% on new subscriptions

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Support this podcast at — https://redcircle.com/zingernation-power-hour/exclusive-content

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy