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0:00:02 – Announcer

Wall Street Unplugged looks beyond the regular headlines Heard on mainstream financial media to bring you unscripted interviews and breaking commentary direct from Wall Street right to you on Main Street. 

0:00:16 – Frank Curzio

It’s going out there. It’s August 27th. I’m Frank Curzio. This is the Wall Street Unplugged podcast. We’re making the headlines and Tell you what’s really moving these markets. So a partner in crime, Daniel Creech, on vacation this week. I think that’s his fifth this year. He’s going to be taking over the entire podcast today. Hope you guys are ready for fantasy football. My draft is tonight. Also, the Eagles start the season tomorrow against the Cowboys. I don’t even know what the spread is. If it’s under 7. I’d be surprised without Parsons really playing. Yet I didn’t hear that he’s going to play. 

Best defensive player in football. Jimmy Johnson has a way of rubbing people the wrong way. I’m not sure if you saw the documentary on Netflix on the Cowboys with Jerry Jones. It’s absolutely fantastic. I strongly recommend it. If you saw the documentary on Netflix on the Cowboys with Jerry Jones, it’s absolutely fantastic. I strongly recommend it. 

If you’re a football fan and I know Dallas Cowboys fans hate this guy, but he is who he is and he’s never going to change it’s pretty cool to really see. I mean, I have appreciation for Jerry Jones, even though he’s the worst owner, because he has to be the president, the GM and the coach and you’re not going to get good talent over there. So you know it’s again. An owner is much different than someone that’s studying plays for 30, 40 years, watching film, running the offense, the defense, knowing all the players. But man, it was powerful. I mean they show how crazy they were. And you forget the Cowboys teams from the 90s, how great they were. I mean Aikman Irvin Emmitt offensive line was insane. Reminds me of the Eagles a little bit. Hopper man, I didn’t even mention Hopper, he was great and a defense had Haley who’s a maniac was great. Then a defense had Haley who’s a maniac, Leon Lett, Darren Woodson, Larry Brown, Russell Merrill, and they signed Dion. I mean this was a team that arguably one of the best in the 90s and they got rid of their coach after two years because you know it’s Jimmy Johnson, because they just couldn’t get along. They both wanted to take credit for what was going on. They missed the playoffs the next year. Then they got Dion, then they won under. They missed the playoffs the next year. Then they got Dion, then they won under. Man, who’s that guy? Oklahoma coach. But after that I mean holy cow. I mean you destroyed a dynasty that could have been four or five championships. You had all the talent in the world. But what a series. Definitely it’s definitely recommended. It’s really really cool. Probably the best series since the Michael Jordan one that I’ve seen was released from Disney the Last Dance but it was fantastic just to see times in the 80s, how great that team was, the interactions with players, how great Michael Irvin was I know he’s nuts, I know he went crazy and it shows a lot of the crazy times. It makes it entertaining. But what a team. It was really cool. 

Football season’s here, which is great, so we don’t get full baseball 24-7, even though the Mets are starting to play a tiny bit better. We’ll see being in Philadelphia, but I love sports and I love football and good luck in your fantasy drafts and good luck to the Eagles. Even last year I said it let’s go Eagles, let’s go Eagles. They won the Super Bowl Unbelievable. Should have a very, very good team. A lot of talent on that team, but who knows A A lot happens and it’s almost impossible to repeat Not impossible. We’ve seen a couple teams do it, but it’s not easy. It’s not easy and I do like Washington this year. I think that’s one of the teams you really have to look out for and I also believe that that coach for Jacksonville is going to have a very good year. Jacksonville is going to be good this year. Those are two of my predictions right now. 

So let’s get to the markets. Let’s Since Daniel’s not here, we can go anywhere. I like Bustedish Chops but he’s not here. But let’s start off with MongoDB, who is a software company, data cloud platform. The stock’s getting hammered, the stock world’s getting hammered, along with many software names in the industry and, arguably, software these types of companies are probably going to be this industry probably the most disrupted by AI, with AI agents. Ai can do all this stuff that coders do now it’s pretty crazy. 

So stock fell and they’re not alone in this. A lot of software players are in the same boat. $370 to $150 was the price in April and it was hovering around $200. And I reported yesterday and man, I mean the guidance was insane. The numbers in general were awesome. So you’re looking at for next year their guidance. Forget what the numbers were. Nobody really cares about the numbers. It’s the last three months. It’s always about the guidance. When companies report the guidance they raised from $3.17, it’s consensus and remember expectations were kind of slow coming in. Sitting at 200 is 370. They raised it from 317, and they said it’s going to be $3.68 now. Revenue 2.5 billion versus 2.2 billion. Stock’s up 30% right now due to the company adding over 5,000 new customer. 

CEOs on TV and David Faber did bring up a good point you need to look under the hood for a lot of these companies. This is what I do, what we do for one members when we have deals. You really have to look under the hood because some of these deals the way they’re constructed, especially these days, are insane, are insane when you look under the hood. So these guys reported dollar and non-gap earnings, but this excluded stock compensation. Again, great job by Favor. I love. This is where Favor does great on CNBC with Kramer. I love when he talks about the inside, the inner workings of these deals. That’s what he does. You can tell he loves it. 

Stock compensation, right, includes stock compensation. So they report a dollar Stock compensation was $1.78 for the quarter. So you always exclude these numbers, excluding this, excluding a write-down, excluding. So this way you have like an apples to apples comparison. But how do you exclude that? Because if you add it back in, earnings were negative 58 cents compared to a dollar that you reported because of the stock-based compensation, which is massive. 

Should these guys really be getting paid that much money for their stock to be at what? 240, 250, 260, 270 when it was 370? I mean, you wrecked all your investors. If it’s at a 52-week high, it’s different. You’re in the same boat as your investors. Everybody’s cheering. There’s a lot of people Fuck, lost a lot of money on your stock, but stock compensation doesn’t matter. These guys are going to get paid, no matter what. Welcome to Wall Street. Money is first over family, over everything. That’s how these companies and CEOs think, should think. Should be no surprise to you. So you’re looking at software companies probably the most heavily shorted stocks right now and you’re seeing heavily shorted names absolutely surge, especially after earnings A good trend if you want to be a trader. So I wanted to bring it up in this podcast. 

I don’t know if you saw what’s going on with Kohl’s today Reported. I don’t know. You could say solid numbers. They were expecting growth to decline 6% to 7% or 7% to 8%. Now it’s going to decline just 6%. I think they had earnings where you could drive a truck through it from like $0 to $0.60, and now they’re saying it’s like $0.65 to $0.80 or something like that. Either way, it was a good report for Kohl’s. 

Kohl’s hasn’t been doing well. A lot of value there. They own a lot of their stores 32% of that stock. The float is short. So what do you think the stock is doing right now? In that report it’s up 25%. Today alone we saw the same thing happen with Terrorwolf 32% of the float is shorted. And that was just before Google announced a mega deal with the company to backstop $1.8 billion of its lease obligations and that included 8% stake in the company, filled with warrants and things like that. But the stock went from five to nine in a day. Imagine you’re short that stock on that kind of news. 

I remember David Einhorn pitched Keurig as a short just by some whistleblowers that he was talking about, which I found kind of funny. But these whistleblowers were people you know, gruntal employees that were pissed off. I mean you got to be careful with that stuff and I hate. I would tell you never, ever, short a stock that has a great product that everybody loves. It’s that simple. You can short a stock of bullshit if it has crazy financing or whatever the demand’s going to whenever they have a good product that people love. And, Corey, they’re everywhere. And I remember David Einhorn pitching that and I was in the audience at the Value Investing Congress when he did and the stock fell. I’m like he’s crazy. I mean, you know, I just don’t see it. He didn’t. 

David Einhorn is one of the best analysts out there. He really is incredible and he didn’t provide that evidence for me to be like holy shit, he’s right and I’ve seen him. I’ve seen him with short sales. I’ve seen him with short sales and some of their research that they do. Those two guys are incredible, but it didn’t hold water with me. There wasn’t enough there. 

And sure enough, I think it was Coca-Cola signed a deal with Keurig and I think it was Coca-Cola it. It might have been somebody else, but the stock, you know, and you get wrecked, right. So shorting is holy cow. If you’re going to short stocks, good luck. I mean you have a limited downside, right. You just the stock can go up forever and ever and ever. I mean you put money into a stock, you’re only going to lose the money you put in. But when you’re shorting the upside, as it goes higher and higher, you’re going to get wrecked. 

And my my point here is there’s a few points. One is the Fed on Friday just created a risk-on market, which is a lot different from the previous two weeks. Because it’s been risk-on, Daniel, I’ve been telling you buy, buy, buy, buy, buy. Stocks have been hitting all-time highs like crazy. And then also, we got weak jobs data that was revised significantly lower. We had higher expected inflation in the PPI and the CPI. I mean CPI 3.1% in the core PPI was a joke. What was that? The largest increase that we’ve seen since what? Three, four years? And that led to why we talked about it, because stocks initially rose in that news. 

And, Daniel, I said, listen, I didn’t think those reports were great at all. It was a couple of weeks ago. What happened? The market started selling off, especially the risk on assets. We saw crypto sell off a little bit, meme stocks sell off. Then we saw AI-related names, the biggest technology companies, those leading the charge in that bull market. They started selling off the past two weeks and if you watch CNBC, you thought it was the end of the freaking world. It’s the end of the world. That’s it. We’re done After two weeks 3% pullback. 

That’s all you needed, right? It doesn’t matter. If you’re up like 25% annually the past two years, it doesn’t matter. 3% pullback. We told you All the bears come out. We told you so. We told you to be careful. He told us to be careful 50% ago, okay, when NVIDIA was like 40 bucks. Now it’s 200. It’s going to push 200 after today, probably after airport earnings. We’ll get to that in a minute. 

But when Powell came on and flipped the script like that, it was very surprising. It was so surprising. You saw the reaction of the markets, not just to me, but there were analysts that said, hey, you know what? I think the Fed should cut rates now. They should definitely cut the rates. And I just didn’t think that. I thought the Fed and Powell had much more justification February, march, april, may, earlier on, when you saw inflation crashing. And now you’re seeing inflation going back up, whether you think it’s one time for tariffs or whatever. But he’s been saying that it’s probably going to go up because of tariffs. You get it. And now all of a sudden you pivot and say, hey, you know what? Maybe it’s because of unemployment. 

But that pivot from going hawkish to dovish is huge Because we’re under the impression where we’re going to see stagflation, which is higher inflation and stagnant demand, which is again, it’s a negative and it’s not like a recession. It has this negative connotation to it but it’s actually not so bad for asset prices as long as demand is okay, which we’re seeing on GDP. But when you see and you hear the word stagflation, it creates uncertainty in the jobs, growth in productivity, overall growth in the US economy. But when you look at pivot and Powell’s pivot and how it’s a game changer, now you have lower rates, which is going to fuel more borrowing for business and consumers. It’s going to create huge, huge demand for housing. 

And people might say well, Frank, the long rates are still high right now and you’re right, the long rates haven’t really come down on this Fed. Everyone’s expected Fed fund short-term rates, but there’s literally trillions and trillions of dollars of equity in these homes that have gone up tremendously in price. They’re at all-time highs, these prices, and people can’t tap them because they don’t want to pay such a high refinance rate or HELOC. Well, if you’re seeing those rates come down, the HELOCs or refinances, they’re tied to the Fed funds rate. So now you’re going to allow a lot of people to take equity out of their homes, which there’s a lot, a lot, a lot of equity. 

People took all the equity out of their homes before the credit crisis. You’re allowed to do that. You didn’t put anything down. That’s why it was a housing crisis. People just left. They said I’m not freaking. You know, if you put down 20% like you’re supposed to on a house, you’re not going to leave. If it goes down 10%, you’re going to lose all that money. If walk away, you don’t care. 

But now you’re looking at it and you look at this big picture. What does it mean? It means that what Powell did was very surprising, but it’s a great thing for anyone who owns assets, including homes, cars, collectibles, especially stocks, because now you’re lumping deregulation from banks, where hundreds of billions of dollars are going to flow into the pockets of businesses and consumers over the next few years. Why are they lowering this? Because the Fed’s going to bail you out, the banks anyway. So why keep the capital there? Let’s keep the economy going. I mean, no matter who’s the president of the United States or what administration is in, get rid of those regulations, because you know the Fed’s going to backstop freaking everything which sucks and you hate it, but it’s real. 

You got to pay attention to this. The government’s going to continue to spend money. Now you have lower rates. They’re going to spend even more money. It’s going to fuel asset prices because now you’re going to see yes, you’re going to see prices being raised, but as long as we don’t see inflation at 5%, 6%, 7%. If we see it at 3.5%, 4%, and you’re seeing lower rates and you’re seeing lower rates, that’s great for asset prices. And it’s going to suck. When you talk about inequality in the world and you talk about that lower end who doesn’t own assets, holy cow, you’re going to see higher prices. It’s going to crush them. It’s going to crush them. 

We’re doing a podcast which is about stocks, which is about assets. If you are younger, try to buy assets, no matter what. It is gold, coins, whatever it is. Few stocks here and there. Buy the S&P 500. Imagine you just bought the S&P 500 in 2020. Even if you bought it 10 years ago, 20 years ago, 30 years ago, you’re up almost no matter when you bought the S&P 500, because it’s near an all-time high. It’s going to continue to hit those all-time highs. Don’t care about valuation, because valuation is tracked based on growth. We’re going to see incredible growth going forward. If the Fed is going to lower rates a lot quicker than expected which I was expecting, maybe won’t cut this year, we’ll probably get three and in 2026, you’re going to see rates fall significantly now, especially what Trump’s doing I won’t even get there. 

You hear enough commentary about what’s going on with the Fed and Cook and mortgage rates and she lied and he’s whatever. I don’t even give a shit about that. I think it’s meaningless. At the end of the day, it’s a big story. The markets didn’t move up or down on it, whatever. You could read 50 million or listen to 50 million podcasts or whatever it is to get your opinion on that. 

Whatever side you’re on, you’re going to agree with. If you hate Trump, you hate this move, and if you like Trump, you’re like yes, go. You know it doesn’t relate to the markets. It really doesn’t. I mean, when you’re looking at one Fed governor, most of them have stepped down. 

When shit like this happens, the one thing I do is I feel bad because I think the Democratic Party is forcing her instead of saying, hey, I made a mistake, and I know Trump will probably probably said behind closed doors, if you step down, look, you’re going to slap on a wrist. If you fight it, we’re going to come after you and I think the Democratic Party wants them to fight it because it looks like he’s trying to take control of the Fred, which you could argue, but you know they’re going to bury this woman because that’s a job. Even if you step down, even if you’re not. You usually get high for millions of dollars and she’s losing that by fighting this, especially if she’s guilty of this, which you know. I feel like being guilty on mortgages maybe I could be wrong saying this. 

I feel like it’s it’s almost catching someone cheating on their taxes, which is a slap on the wrist. You pay it and you’re good. Hey, I tried right. But now it’s going to come to this big deal. But it’s not really market related, it’s not hurting stocks, it’s not going to make really a difference going forward. You know another vote and stuff like that. Maybe a little bit could argue well, it might rank in the Fed Just right now. 

It’s seriously. It’s like the tariffs from three years ago when Trump threatened and we saw the market really come down in 2017, I think it was and I said listen, just ignore it. There was literally tens of millions of stories on Google. Literally I showed you 10 million stories on there. I said just ignore this shit and buy stocks. You bought them. You did well. 

This is one of those opportunities. This is like a headline story. That’s not a big deal. Focus on the pivot, focus on where interest rates are going. I mean, it’s going to result in more government spending, less debt expense, interest expense and now it fuels the next leg of this, of what’s going on in the bull market, where risk assets, small caps, all this stuff looks great. That’s one takeaway. The other takeaway is you better not be shorting a stock that has a very high short ratio I brought up. 

Have a list here that I’m going to share if you’re on the YouTube channel, and they have a bunch of stocks here. Some of them are down. The most heavily shorted stocks are down. Some of them are down. They may have like 30 here, maybe 40. But if you look at some of these with high short ratios CA Industries $22 stock it’s 88% float shorted. Holy shit, I mean I don’t know what’s going on there. Warrant stock I don’t even know, it’s up 179%. You look at Zenus Biopharma it’s $16 stock, short ratio 52%, up 107% this year. You have some that are down. Re alpha tech is down 87%. You have so good so W, good so W Jesus symbols down 67% this year. But asset entities this looks like a shell company that was created to buy probably Ethereum or something. It has a 46% of the float is shorted. It’s up 1100100% this year. Again, a few of these are down. But I’m looking at this list with HIMS and HERS 34% short ratio, it’s up 88%. It has come off its highs. Sleep numbers in there. Coal’s in there right, we just talked about. Terawolf was in here. Plug Power there’s a lot of stocks that are in here that you could lose. A group nanonuclear technology 30% short ratio is up 30%. 

If you own one of these and these stocks just report decent news, look out, look out. You’re going to see the stock absolutely go through the roof. That’s why you’re seeing guys like Chanos and you see Citron say, hey, you know what, we’re not going to short stocks anymore, because it’s really hard, especially when you have so much power from the retail audience. It’s really hard, especially when you have so much power from the retail audience where, if they get on board one of these stocks no matter what, it is like the GameStops or the AMCs and they just come out with this campaign that goes viral on a Reddit or Discord channels and these guys start buying. Look out, you’re going to get wrecked. I mean these guys before. It’s even bigger now. But we’re talking about what probably five years ago now, four years ago, with GameStop. Well, you’re looking at retail companies basically put Melvin Capital, a multi-billion dollar firm, out of business and they would have went out of business, but they needed a cash injection and they got the cash injection. These are really smart people. They got wrecked. They got wrecked. 

So if you’re thinking of shorting this market a bet against the market be careful. Will everything come down? Yeah, you could buy inverse ETFs for the S&P 500, the NASDAQ to protect yourself. That’s fine. But outright shorting, guys, it’s a big boy’s game, just like options. It’s a big boy game. A lot of people lose money in options. I feel like it’s like gambling. If you look at gambling the gambling sites right now and how many prop bets they have, how they’re. In the middle of the game the announcers are like, hey, right now LeBron James is third quarter. What do you got? You know, 12 points and three rebounds for the third quarter. They’re forcing you to bet. 

I could say that I’ve gambled for a lot. I like gambling. I don’t gamble too much, I gamble for fun. I don’t gamble to actually, you know, win a ton of money. I just like to gamble. Sometimes Put a little bit of money on a game here up and I don’t know anyone that’s won in gambling. A lot of people don’t. I’ve won in gambling from horse racing. I’ve done very, very well in. 

But just betting sports, no, no, I lost. I didn’t get crushed or anything. But most people lose because you like a game and you bet it and you win, and that’s the one o’clock game. What are you doing at the four o’clock game? You got to double down, right. 

So you know, when it comes to this shorting game, be careful. A lot of people are just, you know, these daily options and one day options and craziness and stuff like that. Just be very, very careful. You know we’re not in it for that. That’s not what this podcast is about. These quick hits. And you know trading. I mean, probably over my 30 year career I’ve seen 50,000 videos of the best traders and just this is what you need to do to trade Really. I mean, buy here, sell here. You don’t have to know anything about the stock and now AI does all this shit for you and everything. I’ve seen so many of those come and go. There’s only two or three traders I actually trust that I actually follow. Jeff Clark was one of them. 

When I worked at, when I worked at Stansberry, he was great. When I worked at Stansberry, he was great. He was great. He was so great that his picks were getting picked up by the major media services like Bloomberg and Capital IQ and FlyOnTheWall.com and Briefing.com. They would say huge action, put action activity or call action activity and it would cite his newsletter and it was so big that the algorithm started picking him off, because sometimes you don’t have a lot of volume in this and he had losers because he’d have stops on these positions and right away, I mean you could see all the trades because you’re talking to retail investors and they all put the trades in the market and you know he was getting whipsawed out of there, but what’s his name? Colin Worth. I believe he’s great on CNBC. I love him too. You know there’s very few. 

Dan Fitzpatrick was another trader that I really respected back in the day. I’d love to get him back on a podcast. I haven’t seen him in a long time. He was great. If you guys just been listening to this for the past 10 years, this was a streetcom. What a personality. Holy cow him. He was awesome, good friend too. I tried to get him on a couple of times. Didn’t work. This is like probably like 70 years ago. Maybe I’ll look out to get him on and see what he’s doing. Stockmarketmentor.com was his site. He’s very, very good. Didn’t recommend stock picks, just taught people how to trade, but he was very good. 

But you know, when it comes to trading, just be careful. I’m not talking about that years ago, where shorting is like a losing man’s game. It’s very difficult. You hedge. Be careful, I know you have. You know Chanos does a lot more than what he’s just telling you when he’s just shorting a stock. There’s other things that he’s doing to protect his downside. But you know it’s pretty crazy. It is crazy. And when you’re looking at that list of the most heavily shorted stocks. Be careful, be careful. Be careful. If you own a couple of those, it’s worth owning a couple on that list because those are names that see the 25, 30% increase, especially going into earnings when you have super low expectations. And that’s what this podcast is going to be about. I’m going to talk about a couple of those names, like Echo Star it’s up 75% yesterday, up another 10% today On the news that AT&T is going to buy and license that they licensed out their spectrum assets. 

I bought this name a long time ago in my newsletter because of the value of the spectrum, very familiar with spectrum, very familiar with this market, how much it is, and they’re sitting on a massive pile. But we winded up stopping out because the only callous for the stock was to sell this, to recognize the value. They couldn’t recognize the value themselves, they didn’t have the platform for it. Right, you have a dish, right, you couldn’t recognize the value. So, basically, when the stock started coming down and triggered our stop, I said let’s get out of it. And you know, because if you own that name, you’re buying it in hopes of a takeover or that’s going to sell those assets and it took a very, very long time, but the move now makes sense. 

I mean, spectrum is a rare asset that’s worth an absolute fortune. Everyone wants it. Everyone wants it. I mean, you saw Elon Musk go after it, you saw T-Mobile go after it. At&t was able to get it. But the market cap if you look at this company, I mean $23 billion they got for this it’s three times what the market cap was. And yes, they have a lot of debt. They actually have $24 billion in long-term debt flirting with bankruptcy. And we say bankruptcy, you’re not necessarily going to go out of business. You just tell the bondholders F you, we’re restructuring everything Too bad, which is crazy. And then you come out and you’re public again and everything’s cool, right, these airlines do it. You know everybody does it. It’s easy, very favorable loss, those bankruptcy loss. But when I look at this company, they finally got the value that was deserved for that asset. But it’s a great transaction. 

When I look at these companies, sometimes you see a stock go down. Usually the acquirer will go down because they’re paying a lot of money and obviously the company that they’re acquiring that stock’s going to go up by the amount that they’re acquiring it for it’s usually whatever 30% premium. Sometimes in biotech it’ll be 100%, 200% premium, but it’s usually a 20% to 30% premium above. And it’s rare when you see both parties not rare, kind of rare where both parties made out like bandits. At&t gets good spectrum. You say, well, it’s not great, but it is 5G, some of it’s 5G, and that’s going to allow them to grow in a lot of these markets in a mature industry. So now they’re going to be. They’re adding growth, right. AT&T adding growth which you don’t see, right, they’re adding growth. 

Now, this is what it does and $23 billion is dropping the bucket for AT&T, who’s one of the best, if not the best, companies when it comes to managing debt. I mean, I remember Porter said this. I used to laugh because he’s like AT&T is going out of business, they have $100 billion in debt. I’m like AT&T is going out of business, they have $100 billion in debt. I’m like well, you know, porter, first of all, a lot of debt isn’t going to be due for a long time and, second of all, they generate $30 billion in free cash flow you forgot to mention that which easily covers their payments, which is why they still have their dividend, which is why they’re buying back their stock. I mean that company. 

You want to talk about a cash flow juggernaut. There it is Constantly. People just automatically pay in their freaking bill and that money flows in and they’re great at leveraging that to take on more debt, to buy more assets, to run their company. They’re great, great, great at doing that. They’ve always been great at doing AT&T. So this 23 billion, it’s actually going to be immediately accretive. So AT&T is going to continue to pay its dividend. 

It’s not going to impact its $20 billion stock repurchase plan and, like I said, everyone wants this asset. I think Elon Musk came out with Starlink and said they were bidding. T-mobile was bidding. They didn’t get it. And you look at losers really quick. It’s going to be Comcast and Charter, because AT&T is going to be able to expand its fixed wireless access and those services to a lot more areas. It’s going to hurt those companies and you saw them get hurt in that news. 

And you say what about Echo Star? I mean $23 billion for their licenses. I mentioned that company has $24 billion in debt. Almost they could wipe out much of that debt. But, more importantly, $23 billion. Everyone knew this asset was on the balance sheet, but they did nothing for so many freaking years that people were like F this, I can’t even stand this company Whatever it’s garbage, whatever and I see, and I understand that that’s why it’s tough buying value, because you basically had a company that did shit in the biggest bull market, arguably any generation since 2020, arguably. I mean, come on, we’re going up like 20% a pop almost every year. Yeah, we pull back in 2022 for a minute and then boom right back up to all-time highs, but now $23 billion takes bankruptcy off the table. A really, really good stock. And let me say, I just want to bring up that chart because I think it’s up a lot today too. So, let me see, I just want to bring up that chart because I think it’s up a lot today too. So let’s see. So we look at sats is similar. It’s up another 13 percent today, another 13 percent today. 

And this is a stock that was, let’s see, if you look at six months ago it was in june, it was 16, it’s 57. If you look at the five yearyear, it’s just a company. It’s not even like you know here. Let me show it to you guys. We can see it on our YouTube channel. I mean you look at this from 2020, 2021. It’s like between 20 and I mean it was a little bit higher in, you know, 28, 27. And then in 2023, it kind of fell into the 18s and the teens. But you have this like straight line. You have no like boom, boom like these. You know these big ups and downs, ups and downs, like you’ve seen all these charts and you know, based on quarters and news, it’s just like this long, like blah freaking chart. You know, you just look and you know, if you take this part out right here, like the last gain from 30 to 57, which that’s where it bound for the last five years, while the market’s up tremendously, tremendously. So you know, good for them, great job Works out for both of them. 

I think both of these stocks are actually a buy. I mean you could have said well, I don’t know if it’s a buy. You know, yesterday it’s up another 13%. It’s probably going to go up even higher, all right. So you know AT& grading they’re actually paying for this with a lot of the cash they have on their balance sheet. So, leverage they like to keep under 3%. There’s so many companies that have a leverage ratio, high leverage ratio and it’s usually leverage to EBITDA, debt to EBITDA and it’s 3.0, is relatively high. So many companies have more than 3.0. I think they got down to 2.5. This is going to raise it to 3.0. Got down to 2.5. This is going to raise it to 3.0, but they said in a year it’s going to go away because of the massive cash flow generating that. This deal is going to take place in Accredo. 

But the point is, when people are yelling and you’re just looking at, it’s so easy when it comes to stats and data, to really look at numbers and say, holy shit, man, at&t has $120 billion in debt. These guys are going under. This is like six, seven years ago. You got to look at everything because now that’s the perception out there. Your job as an analyst, as an investor, is to say, okay, what is everybody missing? Then, when you look at the cash flow generation for AT&T and you see where this company is going, you see they’re starting to grow. You see they’re getting the act together. The low-end costs, earnings, are starting to grow again. Now this is a big growth deal for them. 

This is about growth for the company that normally doesn’t see growth. It’s more like a utility. That’s kind of chugging along. I’ll collect that dividend and not get hurt and stuff like the old GE days. Now you add growth to this component. It’s like the utility companies. Utility companies let me get that dividend. Lots of debt, but hopefully they don’t have a lot of debt and most of it is debt taken out at lower interest rates. Hopefully they don’t have to refinance. But I like the utilities because they pay a nice dividend. The utilities are growth companies. 

These are technology companies. Now AI is spending hundreds of billions a year, each of these companies a year. Just the top four. 400 billion plus is going to be spent over the next 12 months and a lot of that is for power demand. So you can’t look at these companies and say, wow, cisco was just old, boring company, at&t is old boring. You get into AI, you’re a growth company and all of a sudden you start growing those earnings. That’s what Micron is. Micron’s dirt cheap trading at 10 times earnings. That’s a normal multiple for the company before AI. Now they’re into AI and they’re growing and they shed off a lot of their shitty parts of the business where they stopped declining and now they’re starting to grow again. Where they bottomed out, they restructured their company. It’s kind of like AMD, which I’m going to go over in a minute, but these are the stocks. 

You have to focus on Things like this that are going on, where this is a good deal. You’re looking at Eli Lilly. What did we say three weeks ago? You got to buy this name. It’s bottomed, you got to buy it. I mean, it slid hard on negative results for its weight loss pill. They’re coming out with two studies. That was the first study and it wasn’t even that negative. It’s just that the shot provided more weight loss than the pill, but it was still pretty good. Those results and this is right after we reported earnings on August 6th, which were good earnings they beat, it wasn’t bad. But the stock got nailed because of that report and I said look, this pill thing. It’s going to open up a new market. Yes, your margins are higher, but I got to tell you, man, the shot is very easy, the pen is very easy to take. 

A pill is every single day. Who wants to take a pill? Every single day? There are some people. Yes, I get it, there’s some people and maybe you could provide cheaper costs, but the bottom line is, when it comes to weight loss. People are stapling their stomachs for weight loss. They’ll do anything for weight loss. This is a psoriasis. Let me try a couple of treatments. Something, Priuses. Let me try a couple of treatments. Something might work. They’re like, if I could lose weight and I could lose weight three to four months and I see everyone else lose weight, I’m taking it, I don’t care Big deal. Little shot. Now you want to turn it into a pill? Fine. 

But now the stock went up because the second part of that data came out and that was a little bit stronger. Again, I don’t think they need the pill, but now they’re going to get the FDA approval by year end. They’re going to have the first pill on the market. So the stock is going up. We were saying it fell to 630 from 950. It was 950. Probably eight, nine months ago it was 630. They pulled back. It pulled well under 700. It got nailed. This was three weeks ago and we said this is the bottom. Why did I say that? Not because I just took a freaking guess, but you’re looking at insiders who started buying the crap out of this stock. Plus, if you look at the numbers in the quarter, the stock went down because of this study, which was still pretty good, and they just got the second result three weeks later, which everyone’s happy about now. So now they’re going to get FDA approval, probably by the year end, maybe January, February. 

But when you’re looking at the quarter and the growth of this company, I mean it’s in a class by itself in healthcare and sales grew 30% year over year that’s what they reported While earnings grew 42%. Give me another healthcare company, a large cap healthcare company, that’s seeing even half of that freaking growth. And you’re looking at this name down tremendously showing that growth. And there’s not a lot of competitors in this market. There’s a lot of them that want to trade, hims and hers want to create. You know there’s a lot of black market shit going on. But you know you’re looking at these drugs. They’re still seeing tremendous growth. But you had Lilly report, that positive phase three trial data yesterday and the stock popped 40 points on the news, now over 740. I think it’s going to 900. And it’s a great platform, growing like a weed. Even without the oral pill, the stock’s still seeing tremendous growth. 

Zepam and Jaro those two biggest drugs. And look these GLP-1s, especially Zepam. They’re more than just weight loss drugs. So I don’t know if you’re hearing the stories out there right now, but people taking these drugs. There’s a reason why you’re seeing McDonald’s. You know just food companies, but not only that. Have you seen what’s going on? 

Zetbound targets two hormones where competitors target just one, the GLP-1. Okay, but you’re looking at GIP receptors. So you know, the first activates receptors in the brain which tells your brain hey, you full, stop eating. The second mimics something called peptide 1, which is made in the gut, but the dual action makes you lose so much more weight than competitors when it comes to Zetbound and also Mongero for Eli. But these hormones also have a lot to do with controlling your desires for things like smoking and drugs. So people are smoking less. They’re saying that it’s you know, these vices that people have. Whether it’s coffee, people are drinking less coffee because of these drugs, and there’s studies coming out on this. It’s not just like wow, it’s true, it’s just anything that you’re really addicted to. It almost eliminates. And some people like well, you know, I used to be really fat and I lost weight, but I still like to eat a little bit. You’re not even eating that much, but there’s a lot of people who aren’t smoking as much, drinking as much. 

I mean, these are additional multi-billion dollar revenue streams that are possible the next five years. It’s kind of like when a company like Merck has Keytruda, and it’s an awesome drug. What’s the other one? Oladipo, which is I forgot which company. Oladipo, which is I forgot which company. But you have those two drugs and once they’re approved those are the two major immunotherapy drugs in the world and they even combine themselves. This way they can get long-term patents on it again, instead of just losing 10 years of that patent through the clinical phase one, two, three trials and stuff. You can only sell the drug for a few years after that. That’s why they’re so expensive. So they partner up with each other, kind of what they do with cholesterol. If you take two different cholesterol drugs and you start from scratch and yes, it lowers it a little bit more and now you have 15-year runway on your patent. 

But besides that, when you’re looking at those drugs, they just don’t target one cancer. Now you’re going to go into 10 different types of cancers. Those are 10 different type of markets. Those are massive, massive, massive markets. I mean, some of them are rare cancers but some are huge. You know whether it’s breast cancer, prostate cancer, massive markets for these drugs. Same with this. When I’m looking at Eli Lilly, this could be a trillion dollar market cap company. It’s come down, it’s bottom. The insiders are buying. I suggest doing the same, but you know, again we’re saying 630, 640, 650. Near the bottom it’s 740. Still a buy, still a buy. When you see those insiders coming in and just the numbers were good, they were clearly good. 

It’s just people a little pissed off about the pill because right away we’re programming to think a pill is much better than a shot. Yeah, you’re right, but when you look at what are you treating? A disease that people are willing to staple their stomachs and do whatever to lose weight? You’re taking a pen once a week which you don’t even feel, wherever you take it under your arm or next to your belly button, wherever, I don’t even know. I think you can take it on your leg as well, but you don’t even feel. Now these same people are going to just take a pill every single day. I don’t know. I don’t know if I would do that, but apparently that’s what’s moving this market. But even without the pill, this company is growing like a weed. 

It’s great it came down, it’s at a 25% discount from where it was trading. You don’t see that often. We saw that in video. We saw that in meta. This provides opportunities. This is what we want. Plug premium. Recommend stocks. These are the things we’re going to recommend. 

Another stock tomorrow that’s down 55. A great, great brand down 55. That’s going to report earnings next week. If they report inline earnings and their guidance is in line, this stock’s going to pop 15, 20, if not, I think most of the downsides factored in plus. The reason why this stock went down, which I recommend tomorrow, is reasons that the company knows about for the last three quarters and why it got its ass kicked. So when you see the risk in front of you, you know how to adjust. Was it tariffs? Was it inventory concerns? Got to change your sales teams around. Maybe you’re going to see a lot of the revenue was deferred to the second half of the year. I mean things like that. You want to see when a stock’s coming down. 13fs is a big, big, big name value investor just bought this stock they’re recommending tomorrow. 

These are the stocks. These are the things that you should be looking at when you see some of these names down. They’re going to NVIDIA. They report after the close today and guess what? We’re expecting some pretty big numbers, strong growth, ai spending, totally intact, all this fun stuff. 

I don’t know how NVIDIA could report earnings and sales after the closing. Go up, it’s up, it’s near its all-time high. But if you want to know the definition of freaking, incredible growth, I mean this is growth I’ve never seen in my life as an analyst. I’ve never seen this type of growth. I saw growth like this with Zoom during COVID, where they had whatever subscribers and they increased it by like 20,000% a year or something. 

But I’m talking about the amount of money that this company is generating, where this isn’t a stock, that’s. You know, you could argue Palantir they have to fit into their valuation. This stock is not expensive at all. I mean, it’s growing faster than all the hyperscalers by a mile by a mile. But you’re looking at, you know I’m not even going to go over percentages because percentages can be misleading, because you could have a terrible year in 2024 and see earnings and sales decline 15% year over year, and then the following year you get your act together and you’re like, wow, this company’s growing at 20%. It’s because you had a shitty year last year. No, this isn’t NVIDIA. 

I’m not going to talk about percentage, I’m going to talk about actual numbers. I mean, look in two years ago, 2023, full year this company generated $26 billion in sales Respectable $26 billion in sales, holy shit. In 2026, next year they’re projected to generate $200 billion in sales. Ebitda of 2023, a couple years ago came in at $5.7 billion Amazing number for any S&P 500 company outside of hyperscalers $5.7 billion in EBITDA. In 2026, they projected to generate their EBITDA $125 billion. We’ve never seen growth on this scale ever in any industry, in any company ever like this this quickly, and this is unbelievable. It’s a remarkable company. I’m sure they’re gonna report in same numbers. 

Maybe the stock sells off a little bit on the news because it’s just had an incredible run over the past month or so to new highs. Remember what I was saying NVIDIA’s done. Get rid of NVIDIA. Ai’s in a bubble, stock’s dead. Buy this instead. Holy shit, there’s so many promotions that went out that I feel bad. I mean, obviously you see the promotions everywhere because people subscribe to them. So when you look on your return on ad spend, many people are clicking on that and signing up to newsletters to get something other than NVIDIA, when you could have just not subscribed, bought NVIDIA and just been happy. And we never, ever, once. You can’t say AI is on fire and have an AI newsletter without saying NVIDIA is driving that growth. 

How do you talk negative about NVIDIA? And, yeah, you could say, the stock price, you know, got ahead of itself. Has it? Has it got ahead of itself? Because look at these growth numbers. It’s cheaper now than it was three years ago, two years ago, one year ago. It’s cheaper because their earnings are growing that fast and so are sales. 

Anyway, video’s going to dominate the headlines tomorrow, and you know what I want you to do. I don’t even want you to really care, other than don’t look or listen to the conference call, or listen to all the notes. It’s going to be every place. It’s going to be all over CNBC tomorrow. Everybody’s going to be talking about the numbers. Holy shit. Stocks up, stocks down, this and that, or AI data set, all this crap. You’re going to see everything. What you need to focus on is this company is the engine right for the whole entire AI revolution, and you don’t want to look at it from an Nvidia standpoint. You want to look at it because there’s so many factors, so many companies that benefit as nvidia does better and better and better. That includes spending from hyperscalers. So you know, I felt about amd. Now I really like amd. 

A amd was a stock I wasn’t crazy about. They weren’t in AI. I tried to pick it off because it fell. It was like a year ago, year and a half ago. However, three months ago we told you To my contacts increasingly we’re saying hey, you know what Hyperscalers now that we’re working with, they’re using AMD. They’re using AMD. It’s not just hey, we’re trying out these chips, we’re trying out AMD, they use an AMD. It’s not just hey, we’re trying out these chips, we’re not even trying out AMD, they’re using them. It’s a competitor. Now I’m not saying it’s going to replace NVIDIA, but now it’s a competitor. They got it right. 

You have hyperscale saying okay, let’s sign deals with AMD and the stock was 115, 120. It’s now 166. When we started talking about that, it popped over 180 a couple of weeks ago. I think it’s going to be $200 very soon. But what I love about this is when we’re talking about this and here’s where I’m going with it not to pat ourselves on the back. We’ve been wrong before. 

But yesterday good firm called Truist upgraded AMD to buy from hold Yesterday. And what did they say? Quoting here for the last several years, their industry contacts, component buyers and sellers have told them that hyperscale customers deploying AI were experimenting with AMD’s technology as a price check to NVIDIA, nothing more. But still quoting here over the last month or so, contacts have increasingly noted that hyperscales are working with AMD in a partnership manner, expressing true interest in deploying AMD at scale. The truest upgraded their model, their target price from 173 to 213 dollars. It’s 165 today. This follows bank of america’s recent increase in amd’s target from 175 to 200, which cited the same reasons. New chips are seeing strong performance in ai cpu against nvidia. 

So I’m bringing this up because I want to say thank you to all my contacts. It’s so important when you guys email in at Frankcurzioresearchcom. This isn’t about me. We want to always get it right because we all want to make money together. That’s the goal here. And my contacts in the data center industry they had this right. They had this right. They said listen, I’m seeing AMD starting to get deployed now. It wasn’t really deployed. We were talking about this three months ago. This is why networking is everything. It allows us to have access to public data that’s out there. But just because it’s public data doesn’t mean it goes mainstream. And by the time it goes mainstream, like it’s going right now, we’re in it or you should be in it. 

I’m in it personally and doing very well with this, because three weeks ago I told you, I said listen, you know, AMD, it’s different now. This is a stock I really didn’t like. It’s different now, but now you’re finally seeing it as of the past few months. But it’s nice to get in because instead of buying it at $165,000, like Truist is telling their clients and Bank of America is telling their clients we’re buying it a lot, lot lower because of the contacts we have, and I say that all the time. I can look at the numbers, guys, and I can analyze anything, and that’s what I’ve been doing for such a long time and decades and decades. People who work in these industries know more, I can know the numbers and I can go over stuff with you. But once I have that component, I have people talk about it and say, hey, Frank, you know what I work in this industry, or we’re seeing huge demand here, or hey, people aren’t really using these parts as much as other parts. And we got a company that’s up literally 300% because of one of my contacts and data centers saying that, hey, you should take a look at this company because we’re seeing a lot of their technology being used and it’s a nuts and bolts play that nobody even heard of and the stock went up tremendously. 

That’s what this podcast is about. Use it for networking, use it for ideas. Not all of them are going to be right. Don’t go all in, especially on ideas that we have that are small caps. Sometimes they work out tremendously. Avav is up what 800% for us now. Ethereum and our newsletter is up what 800% for us now. Ethereum in our newsletter is up holy cow, I don’t even know. Recommend at 160, it’s 45, 4700. I mean, you get some of these things right. They make the next 10 years, 15 years, right. It’s a game changer, life changing for some of these. But sometimes you’re going to be wrong. You want to limit your downside, of course, but we talk about a lot of stocks here. AMD looks fantastic. It looks great here Now, when you hear NVIDIA report their numbers, listen carefully, listen carefully to Jensen. 

See what he’s saying about agentic AI, ai agents. He provides information. I’ve seen him speak at the Consumer Electronics Show. He goes in. He loves that shit. He loves it. He’ll spend all day on presentations. He’s going over everything that he’s seen. He always talks about the future, what NVIDIA is doing. Nvidia again, it’s not like they have a lot of competition. They’re worried about AMD stealing market share. It’s still very, very small. I mean, these guys are just ahead of everything. 

And if it pulls back on these numbers, all the hyperscales report, they all said they’re increasing spending and they’re going to increase spending even more, going further because of the new laws around depreciating and those assets and stuff, which is great, appreciate a lot over one year instead of over several years, which makes you spend even more on CapEx. That’s the purpose of it more spending flowing into the economy. But take a look at what they’re saying. You see an additional spend on data center technology. Like what is some of the new technologies? There’s so much new technology about cooling devices and cooling these things, cooling these data centers, nuts and bolts. 

Players like Supermicro said that they’re experiencing some pressure. We took profits on that stock after we recommended it in one of our newsletters. We were up a lot more. I think we might have captured 12% gains. We were up a lot more than that, but last quarter the stock fell 20% and I didn’t like what they said. We saw a lot of the deployments coming out for Supermicro, their technology, but they said, hey, you know what, our pricing isn’t as good, which means I’m curious to see how Dell does Hewlett Packard Enterprise. I think they’re pointing after the bell. That stock’s been on a tear. Let’s see what they say. 

Look at energy companies. What specific energy companies are they using? The companies that they used early on have made big gains, but they still need more energy. Terrible Google. Good example Nuclear. I mean, geez, you’re looking at. What is it? Oklo, which is, last time I looked at, $9 billion market cap. It’s not going to generate revenue for three more years, two more years, and that’s the dire need for energy. 

I underestimated that Because, if it works, that company just like Shinier Energy, which traded a massive premium and they weren’t generating revenue for a while. Then, all of a sudden, once they started going, getting going, they transferred all of their trains and stuff like that from being an import facility to an export facility for LNG. They fell into their valuation Same here. That’s one of the things I underestimate is how dire a need when you’re starting Constellation Brands and Microsoft saying, hey, we’re starting a 20-year agreement. That 20-year agreement is going to take place when no energy is coming from that three-mile plant for another five years and that’s if they get state, local, federal approval for new nuclear technology that you’re going to roll out next to what I mean. You know again, I don’t know if you know politics well or you know someplace like New York, California. I mean that’s a no. As soon as you say, hey, I’d like to, they’re like no freaking way, don’t even bother getting out of my office. We don’t even want to see the data. So you’re assuming that that’s automatic that technology, and I don’t think it’s automatic, although when you have PDT in it and stuff like that, it does add credibility to it. But you’re seeing the valuations. 

So look at the energy part, look at nuclear, look at the water companies, look at electricity companies. They still electricity companies. The pricing power that they have is insane. It’s insane. Nvidia’s new chips need more electricity. They’re saying it needs less. It doesn’t. You’re going to use more electricity. Trust me on this. Much more electricity you don’t increase power without. You can’t increase power without increasing the energy use. You can’t have this magic formula like, oh my God, we’re going to use so much more energy but it’s going to cost less. Bullshit. It’s never happened in, maybe for a little while. Maybe they tried solar. You could say solar and wind and all this shit, but a lot of that’s subsidized. We won’t go into that. Another argument the point is these are the things that you want to look at in video’s numbers, because you’re going to come up with lots of ideas. 

Those are some of the things that you see in a lot of our newsletters and the pics. Thank you so much contribute. It’s big Want to mention your name. I’ll mention your name. I won’t mention your last name. I’m very particular about that. I never, ever give up a source or anything. A lot of people are like please don’t use my name. It’s perfectly fine, but it helps out, and a lot of times I give free subscriptions to my newsletters because of it. I really do, because it’s incredibly valuable information for me To know this stuff, to be able to talk 15 years about data centers, where they’re building the geography, where they’re going, what’s scalable, what’s not, the new technologies. I mean, I don’t know. There’s no way I can know, unless I’m building these plants. I mean, it’s incredible. That’s just one industry Just across all these industries healthcare. 

We told you about COVID numerous times. So many doctors emailed in. We got that story so freaking right, which actually was great for our company at the beginning. Then it hurt us because everyone thought we were anti-vax when we weren’t. We were just citing facts that kids shouldn’t take vaccine ever if you’re under 12. Still, no case of any kid under 12 years old that died that didn’t have underlying conditions from COVID. Still, we knew that. We knew that early on. We knew that the first month, second month, third month, didn’t matter. They closed schools. They put sand in freaking parks and skate parks and shit. Chase people down who are surfing on the beach. Get off the beach, you’re going to die. All this bullshit Calling us anti-vax. My mom got the vax. She told me she’s got to get the vax immediately. She had underlying conditions. She’s older. It wasn’t the case, it was just so political bullshit. 

But we did make a shitload of money on that because we knew it was real and what was not. You went to pull the money out and go back in and go all in on a lot of names. We recommended tons of names near the bottom of that market. They’re fantastic, fantastic. For us, it’s all about the information. Guys, pay close attention to that information. Now, speaking of that, we’re going to be hosting our first ever Curzio One Wealth Forum at Pier 66 Resort in Fort Lauderdale. Unbelievable resort, unbelievable resort. That’s going to take place at a great time for people who don’t live in Florida, from November 9th to 11th, because you’ll be able to jump in the pools, enjoy the spa. It’s beautiful. There you can totally remodel a hotel. It’s unbelievable. 

But one member is getting exclusive access to private placement deals deals I personally invest in and you come in exactly the same terms that I’m coming in for Probably invested, I would say at least five deals this year. And many of the CEOs of these companies are going to be speaking at my conference, where the people at one conference who invested get to ask questions. No hold bar, just whatever you want to ask them, Go upstage. You’re going to be interviewing these guys. I’m not going to have them go up and do a presentation and everyone falls asleep. Nope, that’s bullshit. I’m going to be interviewing every single one of these people. They’ll let us know what’s going on with their company, their future, more deals. Even the people who construct these deals are going to be at the conference and they’re going to teach you what to look for and I’m talking about one or two people that pretty much have, I would say, arguably two of the best in the industry at creating these deals and pipe deals and they’re going to tell you exactly what to look for, how to avoid the bullshit. 

I mean, it’s incredible because everybody just wants to invest in private investments. We’re seeing that even with the SEC. You want to open up private investments, please. I mean private investments. There’s so much shit in private because you don’t have to disclose everything. There’s just a dire need of people that are in private investments that want to get out, that want liquidity. That’s why they turn to tokenization, that’s why they turn into anything that they can provide, these liquidity platforms to get out a little bit earlier. 

It’s about those insiders getting out early and they want to sell you a lot of the shit out of private companies. Because I know you’re thinking, wow, if I got into Facebook, if I got to tell all these companies out of private, I’d be worth a fortune. But most of them don’t really work out that way. Most of them turn out to be shit, believe it or not. You just don’t hear about them because they don’t go public. And look at all the SPAC deals, back deals what is it? Thousands of them, I think it’s 90, 93% are down more than 90% now from that $10 price that they all came out with, and a lot of these things don’t work out. Opening that market just to the world is pretty crazy, because most of the world, 99% of people do not look at what I look at when I see these deals and a lot of them constructed to really screw you over, while a lot of the warrants and all this stuff are given to other people. They don’t have huge lockup periods anymore. 

You can hide a lot of shit and the way it’s written, I have to read it two or three times. I have lawyers that read this shit and they’re like, oh my God, this is a shit show. I mean, it’s usually like 100-page, 50-page contract or whatever. It’s all freaking thing. You’re like, hey, I’m in a private investment, that’s it. This looks really good. You don’t realize you’re coming in. People don’t even ask the valuation they’re coming in at. You don’t even realize that that deal that came out as a SPAC. That company was going for about $300-$400 million. It now has a $2 billion valuation. That’s what you’re buying it at at $10. And a retail investor is so crazy they keep buying it 17. 

I mean, look what SpaceX went. Did they get any ships up in the air yet? Oh, yeah, they got one ship up there that was strictly for Branson. Not only did he make $300 million off of everyone that got wrecked on it, but he actually went to go to space for free. Good for him. Shit, that guy’s smart. That guy’s really smart, him and Chamath. But just be careful with those deals. 

Anyway, that’s what Curzio One’s about. I look at a lot of these deals. Sometimes people share deals with me that I will get into. It’s a great network. But also, again, you get to talk to me personally and you also have access to all of our products and services for free, not just today, but everything that we launch in the future. 

So a lot of you subscribers to Curzio Venture Opportunities, crypto Intelligence, curzio AI we sell those newsletters anywhere. I mean, sometimes we discount them, really discount them Rare. It’s like $1,000 each, but most of them sell for $2,500. Got Wall Street Unplugged. Premium Curzio Research Advisory. Again, you talk about tens of thousands of dollars in services. You pay one price for you. Get it all for free forever. So most one members are either lifetime or renew at their annual rate every single year because the value they receive they’re getting ideas that they’re not getting anyplace else, which is awesome, and that’s why this conference I think we have something like 230 members and I wouldn’t be surprised if one of 50% of those people are going to sign up, which is crazy, because usually it’s around 7% statistically. But that’s how engaged our one members are, because I screen them, I talk to every one of them and I make sure hey, what are your goals? What’s going on? I’m not giving you investment advice, but I just want to make sure we don’t have like an asshole in there that thinks who the hell he is or whatever, because everyone checks their ego at the door, everybody. 

This is about generating ideas. Care how much money you’re worth, I don’t care anything about anything, just if you’re willing to share, if you’re willing to teach, if you’re willing to learn and you have that network. Trust me, guys, I’ve been doing it for such a long freaking time. It’s the most powerful thing in the world when it comes to investing, when you have a massive network. So why I’ve been doing this podcast for how many freaking years? 15 years. Because of the network it allowed me to generate so much money personally. Because of the contacts that I have, from you guys emailing in and me sharing my stories and sharing that information with everyone. That’s what this podcast is about. More specifically, that’s what it’s one about and really looking forward to our first ever conference. 

If you are interested in becoming a one member, I would say you should probably be in a credit investor. You don’t have to be. You get an all product service for free, but it’s nice because I probably screen 50 deals a year at least. Most of them are garbage, but we do get into a few and now we’re building up or raising good money for these guys several million dollars. We were getting amazing deals across my plate now and those deals I’m sharing very high net deals, smart people that had exits before, of nine figure exits. 

People in healthcare that just have unbelievable access to the greatest small cap clinical stage biotech companies that get the pick from the best of the best and they go into this fund that we invested in. They’re opening up that fund to more investors. Now that a lot of those companies that do well they do capital raises. When evaluations are probably maybe invested 5 million, 25 million, their technology, they come out positive data and the next thing you know these things they raise money $100 million valuations that I’ve come in at even though I’m in earlier in the fund. These are the contacts that we have in one now and it’s getting better and better and that’s why I want to open up this membership and make it even bigger, because the more money we raise for these companies, my goal is to get on the PDT level and be able to take a piece of some of those deals. That’s a long shot because the guy has a list of every billionaire that wants to invest with him. 

But the point is, as we’ve done this over the past I’d say three to four years one member sees a significant difference in the quality of deals. We’re not just investing in biotech companies or private placements, private placements of you know, gold companies, which are not that difficult to get into, and stuff like that. These are more specialized deals, deals that I’m actually constructing now. This way, the terms are incredibly favorable for us because these people need money. We’re raising money. We’re going to make sure those terms are fantastic which is one of the recent deals we just did A company called Adrenaline which is going to perform the performing of Vegas at Resorts World. 

It’s called Tricking. It’s like this aerial display of breaking boards, lighting yourself on fire, all weapons and stuff like that. They’re actually going to come to my conference one conference and do their display with some of their best athletes and that’s a week before they go to Vegas. And all my one members who invested in the deal have VIP tickets where they’re going to get the red carpet rolled out for them at Resorts World. They’re going to get the free room. They’re going to get you know they should get everything. I mean, they get front row seats to this event at Resorts World and I think it’s for three days. 

These are things that I’m able to negotiate when you’re helping these companies raise money, and it’s very, very exciting. We actually got rights to gambling rights. So so, 10% of the gambling rights, because if this thing takes off, that’s where you would make an absolute fortune. So the upside absolutely incredible. It’s a risky deal, but the upside is probably worth 10, 20x more than a lot of other deals that you would get into. That’s my job when it comes to Curzio 1. If you guys are interested in learning more, email me, Frank@curzioresearch.com. Again, it’s an exclusive club, mostly for you. Want to learn more? Email me, we’ll open it up in September. Get Frank@curzioresearch.com. So, guys, that’s it for me. Thanks so much for listening and I’ll see you tomorrow by myself again on Wall Street Unplugged Premium. I’ll see you then, take care. 

1:00:30 – Announcer

Wall Street Unplugged is produced by Curzio Research, one of the most respected financial media companies in the industry. The information presented on Wall Street Unplugged is the opinion of its host and guests. You should not base your investment decisions solely on this broadcast. Remember, it’s your money and your responsibility.