Hi everyone. I'm Tim Melvin, and welcome back to A Better Way to Wealth.
Today, I'm bringing you a new list of toxic stocks that have no place in your portfolio. If things go wrong, these stocks are going to drop hard and wipe out a lot of value in your portfolio.
We've been identifying these all year long, and a lot of them have really crashed and burned, so I want to put you in a position to avoid those types of stocks.
First up is a former hot initial public offering (IPO) that does outsourced digital customer experiences and works primarily with companies that sell their products via apps.
They do business with gaming, fintech, telehealth, rideshare and ecommerce companies and all the red-hot spots of the current technology markets.
Recommended Link: Tap Into The Mind Of The Man Who Won 119 Straight Trades With ZERO Losses That's right — this 30-plus year stock market wizard famously placed 119 consecutive trades in the banking sector and hit the jackpot by winning every single one. Now, for the first time EVER, he's taking retail traders under the hood of his revolutionary Rapid Wealth Multiplier system to show them how to potentially get $250,000… $500,000… even $1,000,000 richer. Discover more right here… But here's the thing… Blackstone Inc. (BX) has sold all of their shares in this company, along with shares from the CEO and another executive, during a secondary offering not too long ago.
They got completely out of this company. And when you see a company like BX get all the way out of a company, that tells you they feel like they've gotten every last dime of value out of it.
Now, the share unlock period is coming up. Six months from the IPO, all the rest of the insiders can sell their shares without having to register a secondary stock offering.
And 74% of the existing float, millions of shares, are going to become available for sale.
Insiders aren't going to sell them all, but they're going to sell a lot, and that is going to put a lot of weight on the stock in the weeks ahead.
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Email me now at newsletter@betterwaytowealth.com. Tim Melvin has been behind the scenes with multi-millionaire and billionaire investors for more than 35 years. From insiders at private equity firms to managers of some of the biggest funds in the U.S. And now he's calling out the BS as it comes up every day, and offering a better way to make real money. Just for like-minded people who want the truth about making permanent wealth faster. ©2021 A Better Way to Wealth 14422 Shoreside Way Suite 110-238 Winter Garden, FL 34787 You are are recieving this message at stevenmagallanes520.nims@blogger.com because of your subscription to A Better Way To Wealth. |
Tuesday, November 30, 2021
Three More Toxic Stocks That Have No Place in Your Portfolio
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