The Truth Teller Podcast with Lance

Potential stocks to look into right now

April 29, 2024 Lance White
Potential stocks to look into right now
The Truth Teller Podcast with Lance
More Info
The Truth Teller Podcast with Lance
Potential stocks to look into right now
Apr 29, 2024
Lance White
The Truth Teller Podcast +
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Show Notes Transcript

Hey guys, I want to, uh, make. A, a short podcast about some different companies on keeping on. Ion. And, um, I'm choosing different opportunities. To buy them and sell them. When they go up and down, basically make money on them. Um, I have to say that I'm completely mentally impaired. I taught out of my sphincter. I don't know what I'm talking about half the time, and I'm a complete idiot. Now that I've covered myself, uh, legally. So that no one takes me sheriffs say, I'll tell you what I really think. So. I've been trading just about all my life. I have very advanced training. In, um, trading commodities. Uh, seasonal spreads options covered calls. Positional trades. For a tax, uh, Ah, stocks. Okay. That's why I've done during my life. And I was mentored by a 50 year master trader. And that education is. Better than anything you would ever get being certified. Somewhere so that you could get a job and put your nose. Yeah, get a little brown on, you know, to make people giggle. Anyway. Um, So here are some companies that I. Had been watching. And they have tendencies around earnings and after earnings and things like that. There are different nuances. Something, my mentor taught me was you pick up on different nuances. And different trading patterns and how company. Stock reacts to different things. And, um, these have those characteristics. The first company I've been watching since it was about$6 a share. And that is palling tear technology. And, um, That is a stock. That is an AI play. It's. Some people call it the prince of AI. It's in the twenties. Um, And if you look at the width as sock moves, During earnings. It's pretty predictable. Um, they've had two profitable quarters. In a row and this quarter should be really good. And, um, That's one for you to look at, go back on the chart. Look at. What happened? In the stock chart movement with the stock price. When they had earnings reports and see how it goes up. And then for three months at fades, then it goes up for three months at faiths. Those are tendencies you can take advantage of. So that's Palentier P a L I N. T I R. Second one. To take a look at is Marvell. M a R V E L L is how you spell that company name. Um, they're expected. To there, there, like to like a baby Nvidia, they make chips, but the thing is, um, the SOC moves. In sympathy with Nvidia. What's happened with Nvidia is they've got great technology there. They're making money, hand over fist, but the other chip makers are catching up with them. So for that reason. Um, Marvell is expected to add about 500 million to$1 billion. To their bottom line. Uh, next year. And, um, from the chips that they're making. That are rivaling and videos. So that's one that would be a long-term play. Um, But last time I checked their stock was around 60 50 sixties. And I'm there one to look into on your own and take a look at. Another company is one that's caught a lot of steam lately. Um, It is a SoundHound S O U N D H O U N D. They do. Um, Like you talking to a microphone. And it transcribes things, but it's far more advanced than that. And they have actually been doing really well. Um, right now the stock is around$4 40 cents. And, uh, they have earnings May 9th. Um, Palentier has our names. May 5th. I don't know when Marvell has the earnings. I don't follow that one as closely, even though I like it. But, uh, SoundHound. You know, if you want something. That you could, uh, buy some shares and, and ride the ups and downs and you believe in technology and you take a look and research it. And you believe in it. That's one. That, uh, you could play pretty easily. Um, Another company. Is of course, uh, Donald J. Trump. True social that's actually my biggest whole thing. Um, Something you need to realize with true social. Is there so many people that hate Donald Trump? That it's going to cause the stock to make dramatic ups and downs. And if you know how to get in at the right time to get out at the right time, you can make a lot money with that stock. Just because you like a stock doesn't mean it has to go up all the time. You don't make money when it just constantly goes up. You make money when it goes up, you get out. It does a nose dive. You get a bunch more and it goes up again and you do it again. That's how you make money. Um, So choose social. Another one. That I. Have right now is riot blockchain. Or. Riot systems. Uh, riot is basically a minor. A Bitcoin. And um, if Bitcoin goes up, right, it goes up at book, Bitcoin goes down, right. Goes down and moves in conjunction. With the value of Bitcoin. Um, It's right around. It goes for tween.$9 and$12 quite often. But the thing is with Bitcoin, there's really not, there's not really rhyme or reason for up and down. Um, riot blockchain. Has a 100% by rating from all the analysts that follow it. The thing is. It's hard to, uh, do, do patterns and look at stock patterns to figure out. Which way it's going to go because, um, It's like a wild horse. But right now, I believe, um, Bitcoin's around 63. They had they're having event and. Honestly, I don't know why it's not at 70. Um, I have some shares of riot. And when Bitcoin hits about 67,000. My cell was execute. And I'm just, uh, I'm just, you know, playing it easy, making 50 to a hundred bucks each time it goes up and down. So that's what I'm doing with that one. But those are the companies I'm looking at. Right now, you know, I'm not going to. Watch the news and say, oh, I write all these names down and tell people. To look into them. Um, these are the companies that I feel really good with. I would be shocked. Honestly. Um, I'd be shocked if Palentier in three to five years was in at least two to two to 400 or$500 a share. And I know that sounds crazy. But with AI, it's insane. And, um, I'm waiting for my riot. Uh, trade tech skew. So I can take that money and buy Palentier stock right through earnings and then sell it toward the high point. About two to three days after earnings. It's sad. Jested so they're expected to blow out earnings. So that's an I'm looking at, um, I feel like a riot blockchain. You know, if riot is, for example, at, let's say it's at$13 50 cents, when Bitcoin hit 70,000. And people are saying that within a year, Um, Bitcoin could be 300 to 500,000. Then you can say. That riot blockchain should be. Uh, For. To seven times as high as it is right now. So that's something to think about. You're going to have lots of ups and downs. It's going to take time. That's something to think about. Or SoundHound. If they keep going in the direction they're going. I think. That$4 and change stock could be 40 or 50. In two years. It wouldn't surprise me. But I'm just talking out of my sphincter. And, uh, You know, I have to say that because I'm an idiot now. I don't know what I'm talking about legally. So, but anyway, I wanted to, uh, tell you as a. About those. Myself and a friend of mine are trading them. And we can touch on it and, uh, Definitely take a look at them because I'm really picky when I invest in things, I try to be as careful as possible. Yeah, I look for advantages and these are stocks that I think are solid. So. Alrighty. Talk to you later.