Why I won't jump on this bandwagon
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| | | | | Lance Ippolito, Editor - Future of Wealth
Lance is a professional trader and a successful entrepreneur with over 10 years of experience in the financial markets. | | | | | Why The Snowflake IPO Isn't Worth Your Time
I get it, OK I understand why the Snowflake IPO has gotten even the most seasoned investors riled up. Hell, earlier this month, the Warren Buffett said he was planning on investing more than $550 million in the company on its debut day.
Of course, Berkshire Hathaway Inc. (NYSE: BRK.A; NYSE: BRK.B) got in at far less than what average investors paid...
I also understand the appeal of a cloud-based company and its limitless data approach.
Listen to this: The average price the institutional investor got into Snowflake as low as $5. On the very first day the stock was available to normal investors, the price was around the $240 range and traded up to over $300 per share.
That means those big players are getting in at $5 a share, and potentially selling to you at $240 or $300 a share.
Doesn't sound too fair, does it? Did you get in on the Snowflake IPO? | | | | Here's another problem with Snowflake |
|  | | | | |  | Your First Time Trading OptionsSeptember 21, 2020 Have you ever wondered how traders use options trading to turn small stock moves into massive profits?
Well today, you're in luck because I've joined James West, another expert in the options trading game, to show how you can make large amounts of money in short periods of time even if this is your first time trading options ( and even if it's not).
We're going to go through options trades we've just initiated, our favorite investment platform and how to scan the market for the next best opportunity to double your money.
| |  | Nikola Motors: The End of an EraSeptember 22, 2020 The Nikola Motors saga continues in a (un)surprising turn of events: CEO Trevor Milton resigned Sunday night.
This is the same company that has been throwing out ideas of zero-emissions cars and "plans" to produce them since 2016… And the only things Nikola Motors has to show for it in 2020 are no cars and the $36,000 in revenue that came from the CEO installing solar panels he bought himself.
This is also coming a week after an investigation was launched into whether the company committed fraud. This all revolves around a Nikola Motors commercial showing one of its self-driving trucks "driving" itself… when in fact it was being pushed down a hill to make it look like the truck was working.
| | | | | | A New Money Crew Publication | Disclaimer & Disclosures
The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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