Investor's Edge with Gary Kaltbaum - One Real Worry!

Episode Date: August 8, 2022

Follow Gary on GaryK.com or http://garykaltbaum.com...

Transcript
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Starting point is 00:00:26 Availability varies by zip code and package. All by lap US only up to three concurrent streams, MLB trademarks used with permission. Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the Biz Talk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Kaltbaum, your host. A thanks for being with us today. Glad you're here, ladies and gentlemen, happy that you are listening. It's August 8th, 2002. Back on U.S. soil. For starters, let me state. Thank you, Adam Sarhan, for doing the show while I was gone. I think it turned into most of the days. And you know what happens when you're in Europe? I was in Spain.
Starting point is 00:01:17 And in case you don't know, we work. I have my screens in front of me. But it ended up on some nights that I wanted to do the show, the show is taped at 10 p.m. in Spain. That's That's when we tape it. That's when people show up for dinner in Spain. So Adam does such a darn good job. I figured what the heck. And again, we really appreciate it. Ladies and gentlemen, we only have a certain amount of time every day to talk to you.
Starting point is 00:01:55 And as you know, we are dead serious about every dime whether you are or not. And of course you all know That in the last since February of 21 There's been a hell of a lot of dimes Lost If you were not Judicious If you
Starting point is 00:02:19 Listen to the Wall Street mantra Oh don't worry everything's okay It's a good company Right Is Peloton a bad company dropping 90% I can go on but that's besides the point. I'm bringing this up because we always want you to be careful.
Starting point is 00:02:46 We want you to recognize that quite often the market is not a friendly place to be. In bare markets, it can be downright brutal. In bubbles busting, it could be earth-shattering. and we have seen and we have reported to you about people that were in stable coins, whatever the hell that is, that opened up at zero the next day. They lost every penny of their money. We've seen some of these crypto companies just go out of business overnight. A bunch of them holding your money. We can't give you out any money right now. We've seen bubbles. dropped 90% or more. Our mantra that we started, what, three years ago, that the coins, 90% of them will drop 90% or more
Starting point is 00:03:50 with most going to zero has come to fruition. Nobody talks about that great thought. And by the way, you can call to prediction a call. It's just the study of bubbles. And little did we know there were 20,000 coins came. out. And we yelled and screamed at you when the dogy coin came out as a joke and for whatever reason went from nothing up to 70 cents. I think it's back to seven cents right now. We don't even know why it's there. And then all these other coins just came out at zero, never even went up.
Starting point is 00:04:26 And the list goes on and on. NFTs. You read this story about a guy who bought an NFT for two point something million and try to put it up for sale and nobody bid more than 250 bucks. and the business of the NFTs are down like 80% in the last six months, again, I can go on and on. And part of that is saying to you, I hope you learn lessons from this, that ultimately valuations do count. Ultimately, eventually,
Starting point is 00:05:15 that the real world counts. If there's no business there, it's going to zero. The SPACs. The valuations. The one that's the poster child, Rivian, comes public, gets a market cap within a couple of days,
Starting point is 00:05:40 almost as high as Ford and GM, even though they have 260 billion in revenues, and Rivian had none. Insanity ruled. And of course, bare markets will wash that away. Bear markets wash it away. You know what bare markets do? It takes away the greed.
Starting point is 00:06:05 It takes away the confidence. It takes away the froth and the speculation. It takes away, bear markets takes away, people all of a sudden wanting to pay any price for anything just because it's moving. That's what bare markets. do. That's what bare markets have always done. And in our study of bull and bare markets, one of the greatest characteristics of the ending of bare markets would be, ain't nobody want to speculate. Ain't nobody. Do you know why? They're too afraid. The bare markets scared the
Starting point is 00:07:06 crap out of everybody. Holy crap. Look at all these stocks down 80, 90%, some 100%. I've had enough of this. I'm done. It's one of the great characteristics. So I just want to start off with an aside. Do you know what an aside is, ASI-D-E? An aside. June 17th, the market hit a low. Gapped up the next day. because yields started coming down. June 17th in the last week, we told you about this stock when I did the show once or twice from where I was. Simple HKD.
Starting point is 00:08:16 We told you about this. Seven and three quarter priced IPO with 24 million in revenues. Opens at 15. It goes to 2,550. 25 bucks within days. What? What?
Starting point is 00:08:40 No, 2,555 bucks within days from 15. No, no, no, we're not making it up. And at 2555, I'm even going to do this as I speak to you, 2555 times 187, it had a 477 billion dollar market cap. with 24 million in sales. At the highs, which were, by the way, last Tuesday, $477 billion market cap with $24 million in sales. Let's see, Goldman Sachs has a market cap of 115.
Starting point is 00:09:31 City Group 100. Wells Fargo 164 We're still not there yet How about Bank America? Oh, we got there So it took those four gargantuan banks With bazillions in business
Starting point is 00:09:50 To be a little bit higher Than this stock at its high market cap Huh And we warned you What did we say? It's going back where it came from HKD has gone from $25550 to $450 in four days. It was down another 271 today, and it'll go back.
Starting point is 00:10:16 You can't short the stock. You can't, there's no options. You can't do anything. But one asked themselves, did that wash people out? Because M-E-G-L, I don't even know where this one came from. It was just an IPO a few days ago. Another Hong Kong company, they have no sales. Looks like they have no sales.
Starting point is 00:10:43 It went from four bucks to a high today of 249. Closed at 117, 2.6 billion market cap with no sales. M-EGL, another Hong Kong company. Hmm. Up next. Oh, we're not done on this. And much more. I'm Gary.
Starting point is 00:11:04 This is the one only investor's edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs,
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Starting point is 00:12:26 Investment advisory services offered through call-bomb Capital, management. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach cake every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomachache every day. Or I'm constantly feeling like gassy. And all of those things are
Starting point is 00:13:14 not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio. Listen now wherever you get your podcasts. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion,
Starting point is 00:14:02 our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.apus.edu. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion of quality programming.
Starting point is 00:14:30 With Gary Coltbaum. It doesn't get better than he. So, you got one stock go from 7 and 3 quarters to $2,550.50. But you couldn't, the IPO was 7 and 3 quarters open to 15. A $4 deal goes to $250. By the way, the 2550 is back down to 405. The 250, the same day, that was today, closed at 117. Oh, but then there was another one, AMTD, another Hong Kong based.
Starting point is 00:15:16 That one went from 1 to 1290. It's back to 29. that's symbol AMTD and I'm like okay yeah all right so let's just say this to you and I want you to listen carefully this is not a prediction we're just state making a statement here that's all we're doing is making a statement this symbol HKD made all the other bubbles in the last year and a half that popped look like nothing. And that's six weeks off of a bare market low. Now, I will say this. I don't know if anybody was even able to buy it up there or did buy it, but if they did, they're morons. I take no joy in anybody losing money,
Starting point is 00:16:16 but if you bought that stock at 2550 from seven to three quarters a few days ago, you're a moron. If you bought it a two, you get my point. The bigger point is, gargantuan and massive froth in speculation, six to seven weeks off the lows, in companies that are basically nothing. Oh, we're not done. You see, I think that the froth and speculation saw this going on. So AMC just reported a loss. Stock gap down. Oh, and it ramped.
Starting point is 00:17:06 Went from 16.5. This is small potatoes, by the way, to 27 a half today. In a day from Friday. Off of a loss. It did close at 2390, so hopefully you didn't buy the highs. AMC. That was one of those bubble stocks. What else? Oh, Beyond Meat. They reported a $1.53 loss on a drop in sales.
Starting point is 00:17:43 The stock gapped down and rallied from 30 to 39, hit 45 today almost, did close at 39. So they sold into it today, but they were buying that up. Bed bath and beyond. Bed bath and beyond. Last quarter lost $2.83 a share. Times 80 million shares outstanding. What do you think? What is that about?
Starting point is 00:18:15 200-something million they lost. On a 25% drop in sales. The stock went up 30% Friday, up another hit 13 and 3 quarters today, close 1140. That was another one of the short shorted stocks. Owen GameStop made a move today also with a 52 cent loss on that one. This may be nothing. It may be just, you know, in a different time, a different place, a different world, where people just hip shoot, froth and special.
Starting point is 00:18:59 no matter what, that past bare markets are meaningless to this bear market. Maybe that's the case. We're just letting you know six weeks off of A-Lo of a brutal bear market. We're getting the most massive froth in speculation I have ever seen in my lifetime in a couple of these names. We just want you to put that in your file manager just in case because as I stated for the record, This type of action never has happened at bottoms of bare markets. That said, we will adhere to our principles of scanning 1,500,000 stocks every day, 200 sectors, every country, every index, every commodity, to stay in tune with the markets.
Starting point is 00:19:56 But holy crap, that's the first thing I wanted to start with. Why? Because the number one goal of this show is to protect your capital at all costs, especially when there are outlier moves in crazy stuff. Speaking of crazy stuff, as you know, I used to be a Republican when there were real Republicans running the joint. There aren't any left. And then came Trump. And I can never argue with the people that love him to death, so I won't. But he's no Republican. We'll just leave it at that. And then there's the Marxist Party.
Starting point is 00:20:57 Now, I use the term Marxist seriously. You know, some people use it as a bad word. Marxism is about what I call control freakism. It's when people tell you, we're doing it for you. Don't worry that we're growing government like crazy. Don't worry that there's going to be massive rules, regulations, fees, fines, mandates, taxes, oversight. We're doing it for you. Don't worry in our latest bill that we're calling a inflation reduction act.
Starting point is 00:21:38 the great fruits of these people to call it the Inflation Reduction Act and the great fruits of these people to look into the camera and tell you it's going to reduce the deficits. Well, you know, I was a big dog track person in my earlier years. I used to go to Biscayne Kennel Club Flagler, Hollywood Dog Track. Big time. Back in the late 70s, 80s, Then I moved to Tampa.
Starting point is 00:22:10 We had Tampa dog track Derby Lane in St. Pete. You know how, and I was a very good handicapper. Do you know how you bet on the dogs? It's simple. You bet on based on past performance. You bet on what kind of track it is. Is it raining out? You bet on who the competition is.
Starting point is 00:22:33 You bet on if it's what, how long the race is and whether they're moving from, race, different races. You're looking to see if they move down in class or up in class. You look to see whether it's a stakes race. Up next, I'll tie that bow for you quickly. This is the one only investor's edge. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with
Starting point is 00:23:40 stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh yeah, you know, I just, I have a stomachache every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart
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Starting point is 00:25:30 We're listening to. America is talking. Investors. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended.
Starting point is 00:25:47 You're going to feel better if you talk to him. And welcome once again to Investors Edge. So I'm explaining to how I used to handicap the dogs. I didn't do the horses that much. I love the dogs. And of course now they're shutting them all down because it's bad for the dogs. They say, well, leave that for another story. What does that all have to do with everything I'm trying to tell you?
Starting point is 00:26:26 Well, we used to bet on past performance. Past performance. Past performance. Joe Biden has voted on 29.5 trillion of our over 30 trillion of debt. Past performance. Chuck Schumer has voted on about 25 trillion of our 30 trillion of debt. Nancy Pelosi, about the same. past performance.
Starting point is 00:27:06 Yet these Marxist control freaks are coming out with a gargantuan bill and have the nerve to tell you this time it's going to lower the debt and deficits. And what does the media do? They kiss their Marxist arses instead of asking a simple logical question. What is in your residence?
Starting point is 00:27:34 in the time you have been in Washington, that you have voted on all this debt and deficits, hamstring in the American public, what is in your resume that anybody should believe a freaking word you say about this next bill? You know, the reporters, you know, the media, their job is supposed to hold these people to account. Hold the powerful to account.
Starting point is 00:28:03 know they're going out to dinner with these people and kissing their butts. And who gets screwed? Well, we're all $30 trillion in debt. How much you guys been paying at the pump? How much you're paying for your food? Where do you think that came from? D.C. And do not get me wrong.
Starting point is 00:28:27 Republicans suck also. Donald Trump? I'm going to, you know, easy to love. the debt and deficits. Yeah, yeah, yeah. Six to seven trillion later. He was full of crap. Why? Why? Why would somebody like Trump come in and say all those things and do the opposite? It's power. Spending is their power base. They could dole out their money. The friends, family, lobbyists, you name it. They do it. So back to Pelosi Schumer Biden
Starting point is 00:29:07 And Mansion and cinema Hey you guys in Phoenix Who's listened to the show In The Great KFNN All you in Arizona What do you think of are now? Cinema Do you know what's in the bill?
Starting point is 00:29:23 87,000 IRS agents To be hired Now let me be clear The IRS gets a bad name You know that, right? What do you think? They wake up one morning and say, we're going to screw the American public?
Starting point is 00:29:43 No. They just do their jobs. That's their job. And if you never cheated, you don't have anything to worry about. But you know what you have to worry about? Marxists doing it. Control freaks doing it.
Starting point is 00:30:07 You see these Marxists and control freaks, you know, the Pelosi's and stuff with her. insider trading, illegal trading, illegal for us, nothing for them. They're coming up with this. And you have to ask yourself a question. Why? You know what they're saying about us Americans? We're cheaters. That's why. The media's not asking them that question. So you're saying Americans are a bunch of cheaters. Do you think any of the reporters asked that question? And then there's the climate. Do you think any report, reporters are asking, where's the money going? Who's getting the money? Is Al Gore getting any of this money? Is any of your relatives getting any of this money? Any of your relatives starting up
Starting point is 00:31:04 green energy companies about right now? We want to know. And are you going to give these green energy companies grants from this bill? And what are they going to do? What's going to be so good about this bill. How are you going to do things? Let me quote Joe Biden. He's visiting Kentucky, you know, those tragic floods. I'm going to quote him. The weather may be out of our control for now, but it is not beyond our control. Joe Biden is saying he could control the weather. Gary, what the hell does this have to do with me and my money? Because they're coming after your money. They ain't taxing the rich kids. You do know they left the big tax. that they were going to say they were going to go after, they didn't go after it.
Starting point is 00:31:57 You know what the big tax was, the hedge funds and the carry interest? They left that in there. Remember they say they're going after the rich? They're not. It's a lie. They left it in. So those three who have been signing off on all of our debt and now telling us, don't worry, this will not add to the debt.
Starting point is 00:32:31 We had two heroes in Mansion and Cinema. Both of them gave us the big middle finger. And I don't know when Mansion of Cinema are coming up for election. Take those frauds out. Elects somebody else. That's what I have to say. Term limits. Whatever we got to do, they're killing us.
Starting point is 00:33:00 They're killing us. Government just got bigger. you got smaller. That's what just happened. That's all that just happened. Our federal spending in the year 2000 was $1.8 trillion. We're in the fives now. Can't even count it anymore.
Starting point is 00:33:26 And they're laughing their butts off. And as I've said to you, I think both parties cursing each other out in front of the public, they go into the backrooms and are laughing their tails off. because they keep growing the blob. Anyway, this has everything to do with you and your money. So we wanted to just bring it to you that way
Starting point is 00:33:58 because we're dead serious about every dime of yours, whether you are or not, and they are coming after your dimes, and I dare any of you to go read into this bill and see if you can figure it out and maybe try to ask one of your politicians who voted yes, where's the money going? They will turn into Ralph Cramden from the honeymooners with a humana, humana, humana, humana, humana.
Starting point is 00:34:26 They just stole $700 billion from the public and the economy and put it in their hands to do. Who the hell knows? The Marxist one again. Oh, and by the way, for all you Trumpians, the reason this is able to happen, because he gave away Georgia. Next. Didn't I start off nice today? Let's go to good news. The Mets beat Atlanta four games to one, up six and a half.
Starting point is 00:35:02 The pitchers are back. They're playing great. That's good news. Let's go back to bad news. I had a crush on Olivia Newton John when Greece came out. She passed away. She's been fighting breast cancer for a long time. Man, that friggin cancer.
Starting point is 00:35:19 That freaking cancer, man. God bless all these companies that are trying to come up with cures. People live in so much longer with cancer. I remember my uncle died of multiple myeloma many years ago quickly and now people living with it for years and years because of new medicines and stuff. God bless these drug companies and medical companies and doctors and nurses. Anyway, up next. Today's market.
Starting point is 00:35:58 I know, I know. Lots to say. I'm Gary. This is the one only investor's edge. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist, Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal.
Starting point is 00:36:59 A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomachache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just have a stomachache every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive.
Starting point is 00:37:23 We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio. Listen now wherever you get your podcasts. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion,
Starting point is 00:38:05 our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu. Cash flow crunch? On-deck's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat with flexible draws,
Starting point is 00:38:31 transparent pricing and control over repayment. Get funded quickly and confidently. Apply today at on deck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank. On Deck does not lend in North Dakota. All loans and amount subject to lender approval. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! In the Bester's Edge. With Gary Culpa. By the way, I know what you're saying. Man, Adam is so much better to have on this show because he does the market. Just remember, we give a crap. And I'm just about as frustrated as frustrated can be. I'm actually mad at myself.
Starting point is 00:39:36 This may sound crazy. I want to run for the presidency of the United States. But no, I can't because of the machine. It's just a machine, machine, machine, and nothing you can do. I'd be the only one that would really take care of things, not Trump. He'll just spend his way into oblivion and more death and stuff. I know you guys love him. Terrific.
Starting point is 00:40:05 He'll lie every day about anything and everything like he's lying about the election that he lost, which makes him nothing but a wimp for not admitting defeat. and then you got the Marxist running the show. So my motto stands. They all suck. And 30 trillion of debt and counting is all the evidence you need. And it's just so frustrating. They are our opponents.
Starting point is 00:40:35 They're your opponents. They are our opponents. I say with no joy. With no joy. All right. NVIDIA was down $12 today. It was down 15 at one time. warned big time. Big time, they warned. Just letting you know. Other companies have warned.
Starting point is 00:41:09 And the stocks went up. This one went down. Don't know what that means. We'll see. We've been worried about all this stuff coming off the bottoms because you never know who's going to warn. And we've had bad earnings, but it's been bought up. Whether it continues or not, I don't know. The market was very strong early, sold off into the close, not to the close, not to. sure what that means just yet. After this week, a lot of the earnings are gone. It's another big week in the numbers of earnings, but a lot of the most important stuff is already reported. Today's market wrap brought to you by Investment-Dashmodels.com. That's Jim Rohrabach, one of the great market timers. No gray areas with the man you're either in or out of the market.
Starting point is 00:41:56 It's proprietary indicators. Go check it out. Investment-mottles.com. So maybe it's nothing. The Dow finished up $20. but did hit 33109, 109 and 168, 277, was over 300. The NASDAQ did finish down 13 today, was up 198. Boy, I'm pretty good. The NASDAQ 100, let me see if I could get the high of the day. Let's just say the NASDAQ 100 was down 48, and it was up in the equivalent of what the NASDAQ was.
Starting point is 00:42:41 So we had a reversal to the downside. We're not sure what that means yet. Again, the semis were down 80, only finished down 50. And of course, that was NVIDIA. You had to write this down. You had outperformance today by retail and restaurants and housing and housing related what? So they're kind of acting a little bit like those
Starting point is 00:43:15 bombed out software names that have turned up a little bit here. We'll see. After that, not much more, but a good consumer day today in the market, even with the reversal for a change. Of note. Man, a lot of bullishness late last week. I made sure Adam tell you that. There are certain measurements we use on a short-term basis, and man, oh man, the juices were flowing, but really the thing that sticks out on the bullish front is froth in speculation already.
Starting point is 00:43:59 We'll see. We just hope you didn't buy HKD at 2550. It's now 405 and going back to $7, eventually. And do I know what makes these things happen? I really don't. How to go from 1,500 to $2,500? after it already went from seven and three quarters to fifteen hundred i don't know was actually anybody paying 1501 1502 after it was just seven and three quarters i was taught economics 101 in
Starting point is 00:44:36 order for price to go up somebody has to pay that price right so just be careful we're not going to tell you what to do we're not going to tell you avoid them just be careful and by the way what they did with these stocks they spread them do you know the hkd i was noticing when it was like a 2000 they spread it 200 bucks bid 2,000 ask 2200 that's what i saw and they had a halted a few too many times so just be careful you got that you know many people have called in in the last three months that are down this that the other thing and that had bitcoin like why'd you get into that. You want to just shake people. Be careful. There are people calling this a bare market rally. People are calling it the new bull market. We don't need to label it. We're going to
Starting point is 00:45:46 tell you what to avoid, what not. And as we've done on every rally up, we've been able to call the top pretty much to the day. I don't think we've seen any. any real top just yet. Though, there's a pretty icky reversal today from what I'm seeing. Overall. But then I look to my left and see a Dillard's up 19, Restoration Hardware, 10, you get my point. A very mixed bag.
Starting point is 00:46:26 And tomorrow's Tuesday. Thanks for being with us. Sorry about my frustration because, but it's for all of us. Have a great evening, drive carefully. And when you get home, do like I do, make sure you hug your children. Hopefully they don't get screwed by these politicians, which we know they are. And until tomorrow, have a great evening. Same time, we'll be back.
Starting point is 00:46:52 Thanks for joining. Bye, bye, bye all. Good night. This has been Investor's Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. Gary K.com. Today's episode was brought to you by Simple Mills, the feeling of the sun in a delicious snack.
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