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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

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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.

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