This is the full transcription of podcast 'Wall Street Unplugged with Frank Curzio' - The 'necessary' risks to make a fortune in crypto.
#Podcast #Transcription #ReadAlong #KnowledgeUnlocked
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This is the full transcription of podcast 'Wall Street Unplugged with Frank Curzio' - The 'necessary' risks to make a fortune in crypto.
#Podcast #Transcription #ReadAlong #KnowledgeUnlocked
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 mainstream It's going out there. It's Tuesday March 29th. I'm Frank Curzio. It's the Wall Street Unplugged podcast where I break the headlines and Tell you what's really moving these markets Have to start off by saying Rock Chalk Jayhawk Final four Which is awesome along with Villanova, North Carolina and Duke And we heard all the talks of upsets for this tournament She is different as we're gonna see more parity among those mid major conferences And what do we have arguably the best four programs in the entire league over at least the past ten years probably last 30 years If you want to throw Villanova in there But these are the best programs in the final four. I mean all of them have at least three championships each That's the first time you've had those teams as final four in the history of (1/34)
the final four For Lenovo probably the most final fours. I think over the past six years was it three champions two championships But these are all great teams great programs So it should be a lot of fun and that North Carolina Duke game guys. I mean, it's gonna be special I'm gonna say that it's gonna be the most watched game in the history of the NCAA You couldn't come up with a better script. You have coach K retiring greatest coach ever Arguably almost across all sports and Then this year what happened? I mean these two teams hate each other their schools hate each other This isn't like oh well, we have respect. No, they hate each other hate each other No What from the car like Duke knows that and to the point where Duke when their first meeting when they play they play twice and sometimes They play in a tournament. They didn't play in their conference tournament this year But they play the first time Duke winning at North Carolina But then North Carolina went to Duke and they blew (2/34)
them out on their own court And that was coach K's last home game of his career which they loved so now playing and These the first time they're playing in the NCAA tournament in history. Usually they're on other brackets and the great seeds, but It's gonna be a great game doesn't get better than that And then we have Kansas against Villanova, which should also be a great game despite Villanova's best player Yes, I said best player and people like glass. He's great as player of the year big East last two years Justin Moore is a second leading scorer the team plays the most minutes He's the best defender by Molly covers the best player on the other team and shuts them down almost every game. They're not deep They're only six deep now. They're five deep so Yeah, they don't have that deep bench But I have a feeling I really wish they were at full strength because both these teams are full strength at the Kansas I seen both of them play Kansas is better. Not that Villanova can't beat them, (3/34)
but I have a feeling that Kansas may play down a little bit Be a little less focused so that games gonna be a lot closer I think people think even though pretty much their best player on that team. I'm not taking anything against Kong less But he's amazing. But that kid is really the engine he's like Man, I mean, there's so many great players like that in the NBA just it's not just role-playing, but he's also a scorer He's a rebound assists everything. So yeah, it should be pretty cool and What Kansas getting I've never been to a Final Four, but I would be going to the Final Four since Kansas is in it But my daughter's making a confirmation this weekend, which I'm very very very proud of But I may go to the final that's if you know Kansas beats Villanova, but if Duke does get in that ticket is gonna be an absolute fortune So I'm probably gonna get too many friends to go Because I don't have many Kansas fans. Maybe I get North Carolina Duke fan to go but that ticket is gonna cause a (4/34)
fortune So it's gonna be coach K's very last game before Retiring but I may go if you are going or you plan on going to the championship game Kansas does make it send me an email Frank because the research calm I may go with you because it's gonna be hard to get Anyone else to go if you're not a fan. They're gonna pay a lot of money for that ticket I'm willing to do that on Monday fly out there and Sunday night Let me know Frank has a research calm now. Let's move on It's interesting to see what's taking place in the market and the volatility Where when the market pulls back what you haven't seen in a few days But when the market pulls back, there's industries that money's clearly flowing into So it's not some massive sell-off in every single sector and stocks which we saw in January and into February Especially when Ukraine Russia really started heating up that was on top of the Fed going crazy and saying well also It's not transitory inflation and we're gonna go crazy and raise rates (5/34)
like like nuts, right? That was in November But we saw everything get hit it didn't matter if it's Bitcoin gold didn't any every single thing got hit banks got everything But now if you've seen over the past couple weeks when the market pulls back gold has been a safe haven uranium agriculture many commodities including oil and These sectors seem to get hit when the Nasdaq does well So if you're looking at this market and where we're going to be Because we still have tons of problems inflation is out of control supply chain issues are worse today than they've been Any single time since COVID any single time since COVID? and again I tracked this stuff and the this is they have satellite imagery of Goldman Sachs you have IHS market which just got bought by SP 500 those guys been tracking this 25 years Both of them are saying their latest reports which are weekly which I read and I get it's horrible It's it's horrible right now. So You're looking at earnings. I can't see earnings (6/34)
exploding Although you're gonna see more buybacks this year than in the history of the markets It's gonna be more than a trillion dollars are expecting I think it might hit a trillion last year But it's gonna outpace that's just just flush with cash on balance sheets and they're gonna use to buy back their stock I don't know if that's gonna be enough To keep a lot of these stock prices higher some of them are gonna do Well, like I said, it's not all sectors. I love the separation cuz I provide the stock pickers market But the two sectors I love the most right now if you're looking at the next year two years five years even into the future Two sectors its banks and crypto and Why is that because that's where trillions of dollars are going to flow into and starting with the banks they make a fortune off of higher rates and If you want to know how much and I covered this a little bit last week But state tree came out and said they're gonna make 25 million each quarter for every 25 basis (7/34)
point hike Let's put those numbers perspective, which I didn't do last quarter last podcast which is last week So that's a hundred million dollars a year Right, if you multiply that again, that's for every 25 basis point hike you multiply that by five Which is expected this year right at least five rate hikes when I say five. I'm counting You know 25 basis point hikes. It could be a 50 that would be three instead of two, right? So they're expected 50 base point hikes going forward at least two more. So that's five It could be even more than that, but say if there's five rate hikes right 25 basis point increases five of them That's a hundred million dollars, right? So a hundred million dollars, which is expected this year now state street is talking five hundred million dollars in pre-tax earnings That's how much it would be with five rate hikes five hundred million pre-tax earnings Which cost almost zero to them? In terms of overhead or anything. They're doing the same exact thing They (8/34)
always did right five hundred million just getting five hundred million dollars in cash now to put that in perspective State Street earned three point two billion in pre-tax earnings So if you're looking at that five hundred million on top of that, that's fifteen percent growth in those earnings, which is likely Going to be if I had a guess over the next 12 months three times faster than The average S&P 500 company. That's how fast a tree for doing nothing and I'm not talking about all the other money They're the three point two billion. They generate this is free money to them free money So they do exactly what they're doing right now lending out money but only at higher rates and This is not fee income This isn't the fee income right? So that fee income that helped them generate three point two billion, right? This is interest income And if you're looking at the banks and you listen to what they're saying It is incredible because there's something very important. You need to know (9/34)
about banks and this is a hidden catalyst We know when streets go higher the spread routine. They make more money. We hear that all the time I'm gonna tell you something that you're not hearing you're not hearing out there with the banks Okay, if you were talking about I haven't read much about I've read it one report talk about this Okay, so banks capture that margin between what they borrow what they lend but with rates so low They generate little interest income over the past how many years so most of earnings we generate through fees Which is investment banking money management credit cards mortgages deposits. That's great They generate huge fees on that and record profits without the interest income Now the Fed is aggressively raising rates, which means all the banks are gonna start earning a lot more in interest income again Which I just explained here's The huge catalyst with banks So usually when the Fed has a tightening cycle and raises rates the saving rate for banks go up so (10/34)
that people keep their money There however banks are more flush with cash than they've ever been in the history of this industry So our rates are rising They do not plan on raising their rates on savings accounts. At least not this year. That's money They have to pay out. So by the way, if you keep it score at home, that's called deposit beta again fancy term Which means the margins a bank makes lending money minus the money it pays out on savings accounts So sell-side analysts they do great research But what they're gonna do is they're gonna compare this cycle is tightening cycle to the past major cycle We saw massive inflation, which is the 80s, right? That's how they model They always look at comps called comparative analysis this way you look at what happened in the past and this is how I'm based on my model in the future and then they Fix the numbers that come up with some kind of target price, right? That's what they do But They're gonna model for their margin to go up a certain (11/34)
percentage based on the last time we had massive inflation where we raised rates Aggressively like in the 80s. So this is when we had mortgage rates at 15% and the savings rate Which people don't talk about they said the mortgage rate. How could you pay that for the savings rate was 12% CDs were paying 18% back then so it wasn't a worst scenario if you had cash It was a great thing if you had cash, it was terrible if you had to borrow money with high interest rates. My point is Banks are not going to have to raise saving rates at least over the next 12 months They're flush with cash That means their margins are gonna explode like no other time in history Because they're basically getting tens of millions in free money simply by doing the same job. They've done for the past 50 years in other words hundreds of millions of dollars For mid to large cap banks that they're gonna generate at almost zero cost So there's a bank triumph Bank Corp, which I'm looking at all the banks and all the (12/34)
quotes from the banks I want you to listen to what they said. This is last one when they report earnings They mentioned this as we move into this what looks like a rising rate environment. We're in a situation That's pretty atypical with the amount of liquidity that the banking system in general has our competitors are flush with liquidity So I don't think any of us are going to be in a rush to be the first ones to start to raise deposit rates So I think early on it's gonna be fairly low longer term. It remains to be seen that means they're gonna make Excuse my language a shitload of money with interest rates higher, but they're not gonna have to raise that savings rate Which is money coming out of the bank, right? So if you look at that stifle Nicholas and I mentioned this last week as well their investment banker lender They said let me be clear. This is what they said is a month ago Let me be clear our base case calls for us to increase our net interest income in 2022 by close to (13/34)
150 million on balance sheet growth alone, right? So without rate hikes Then they go on to say if we get three rate increases That we expect and it's gonna be a lot more than three, but this ain't three that's what modeling for I should say beginning in March Right now our net interest income could possibly increase by approximately 250 million dollars And they say given a low compensation attached to net interest income meaning that they say right there We're not gonna have to spend money for more people or anything like that. There's low compensation, right? This would be a significant driver of a bottom line in 2022 This is not being factored into banks and they're still down well off their lows So guys, here's the plan. You're not gonna hear this out there. But here is the master plan. Okay? Not only should you have banks in your portfolio since you're gonna see massive earnings growth for at least the next 18 to 24 months But it's probably better to transfer some of the cash that (14/34)
you have in your bank Which is in checking savings account money market accounts skin with inflation you get wrecked Transfer that money and buy a large-cap bank with it You're gonna earn at least two and a half percent, right? That's the yield that they're paying. So I'm paying three to four percent but more importantly if you're keeping it at a bank if you're keeping your cash at a bank and They're not gonna raise deposit rates, right? I've seen this from several banks I'm gonna do it at least in the short term. That means you're gonna get destroyed absolutely destroyed by inflation However, if you take that money and buy a banking stock It puts it in your favor. It reverses it, right? So this allows you to take advantage of that massive inflation instead of getting hurt by it By buying the actual bank instead of keeping your money at a bank Of course is risk to owning stocks compared to just you know Having your cash in the savings account which makes you sleep at night and people (15/34)
don't understand how much they're losing with inflation inflation is out of control But there are risks. So don't throw all your cash into a banking site. We could have a crisis that everything gets killed Don't throw all of your cash in there Especially if you need to be liquid and you need it and again You could sell your stock in a bank and have that money probably within a day or two But for me personally, I'm putting 30% plus of my cash in banking stocks One of them I just recommended occurs your venture opportunity, which is actually a small cap named massive deposits Think it's about a three to point eight three percent yield, right? So massive deposit plans on lending a much higher rates waiting for this moment and roughly 70% of their assets are in two states I don't know two states Florida and Texas So those are two the best in terms of population growth and super low taxes. These guys have it right expecting this environment This isn't a boring stock. I'm looking to well, (16/34)
let me keep my money here and earn two point eight percent three percent Whatever to know the earnings growth. These are the new growth stocks The feds definitely raising rates these guys are gonna make an absolute fortune and that one negative they usually have a rising in straight environments They're not gonna have to raise those savings rates, which is money coming out of the banks right now because they're so liquid That's really interesting and I don't see anyone modeling for that Now crypto the other sector I like I don't know if I convince you with banks, but that's what I'm doing Just tell you what I'm doing. You don't have to do it. Whatever you go listen to me say this guy's not see has no idea whatever But crypto so bitcoins now up close to 40% from It's a day before Russia launch its invasion. So this is a These are January 21st 22nd, right? So that's when the US officially announced Russia will invade Ukraine That can best for the SP 500 over that time plane, which is up (17/34)
8% That's how much Bitcoin has outperformed the SP 500 Now, why is it rallying now over the past couple weeks? There's no coincidence I mean if you look at this month alone when you saw Biden's executive order, which is about three weeks ago Okay, I don't care if you like Biden. I don't care whatever it doesn't matter What he did is he opened up the floodgates for institutional money to come into America Okay, so not a coincidence after he made this last three weeks ago What do we see going become the first major bank to trade Bitcoin over the counter Cowen another large investment firm? Well, no boutique but but large so count very respectable company said it will soon allow institutional clients spot Bitcoin trading and Ray Dalio's Bridgewater if you're not familiar with that 150 billion in assets on the management largest hedge fund in the world said it's about to make An investment into a crypto fund all this news came after Biden announced that executive water We also had Terra (18/34)
which is a crypto that's a network behind a Luna token They're building a 10 billion dollar Bitcoin reserve fund to back its stable coin, which is important. That's the route with tether They want to look to see if it's backed by anything and they're not showing their books all these stable coins notice We've seen this across the board with a lot of stable coins not so much a tether. They're all starting to buy Bitcoin now this way They get back to their stable coin Not a coincidence. This is happening after this news Also seen Russia going to Bitcoin as a currency crash this protects them or You know their savings right people savings was sitting in a roof which lost what I don't even know how much is down now 35 50 percent whatever it is So to put that perspective if you don't understand Currencies and a lot of people don't and I understood the most when I bought At think it was 2012. I had a lot of stock in Canada I started a lot of stock in Canada and Canadian dollars and stuff and (19/34)
had a brokerage firm But they were on par with with the US in terms of the dollar where it is today, but it was like 30% now It's 30% difference which is huge So to put that in perspective say if you have using regular numbers here, you have $100,000 in a Russian bank Just from the loss in currency. It's worth $100,000 now in US and if you decide to put that $100,000 and you took it out of the roof Well and put into Bitcoin you're up easily over 30 35 percent since January 22nd that 100k is now $130,000 I'm just putting it in perspective not telling you to put all your savings at the Bitcoin But I'm putting in perspective how big that currency risk is because it adds to the value of why countries Especially outside the US who are weak and the currencies are crashing and we're seeing inflation Are gonna see money pour into Bitcoin that's a great option for them It's also an easy option where you can put into Bitcoin you can leave the country and then you could have it in another country (20/34)
You can't carry the gold. You can't carry cash that makes a lot of sense But these are no coincidences these stories By executive orders opening up the door to trillions of flow into cryptos and it's not just Bitcoin and fear in which on fire We have several names in our crypto intelligence portfolio that popped 30 to 50 percent over the past two weeks But If you're looking at this news that executive it's a game changer It's providing a future a future regulatory framework for institutions to invest in cryptos And what does that mean exactly guys it opens the door to? 250 trillion trillion guys in global assets. That's how much there is an assets in the management now These are assets that need to be invested in something if they're not those firms managing that money do not make fee They don't make they're not able to charge fees on it if they just keep it in cash It has to be into something and these firms their clients are demanding Demand and not like hey, I think it's a good (21/34)
idea. They're like I want to get into crypto I want to get into crypto this based on what Jamie Diamond just said space on our financial times tons of sources You can read them looking up on Google of their clients demanding that they want access to crypto not all their money But they want some access to it because people say you should put 5% in gold Well, you know a lot of people are saying now the new generation digital let's put 5% in Bitcoin, but we can't do that We need rules in place It's likely why Biden made this announcement since there's lots of lobbying dollars pushing for this agenda because you know If these companies can't invest in crypto through their banks and say if it's whatever say if it's it's not Goldman But use Goldman as an example and Goldman's like hey, we're not gonna invest in crypto. Just like Jamie Diamond said We're not getting a Bitcoin. We're not investing in crypto where their clients are like, well, I want crypto. I'm a freaking leaving Taking 10 (22/34)
million here 100 million there. I mean, yes, they have trillions and assets But that's gonna go to someplace to another firm that is getting into crypto. So now you're seeing by and actually say, okay Here's the framework. That's what they need If you listen to every I don't want to say important and you know low importance of so many people in this industry But if you're looking at the institutions in crypto that manage money the biggest Winklevoss twins Novogratz Stablecoin for USDT you're looking at all the big names across all the platforms all said the same thing They all said this is a watershed moment because they have no clue they can't institutions They have a fiduciary responsibility They can't come into this market and those people who are diehards and say all the institutions and we don't want a regulatory framework I'm hoping they don't go overboard I don't know if they will but I also know that for those of you who are buying Bitcoin hold it forever and think it's gonna (23/34)
go through the roof and Go to 250,000 to a million. It can't get there unless you have Institutional money trillions coming into it. It's amazing how high it's gone with retail investors But eventually there's a cap on that. There's a ceiling There's no ceiling to the amount of money when it comes to I mean you could say 250 trillion is a ceiling but those are trillions of dollars that could flow into crypto now and this is where the most innovation is taking place and Then to open up even more. I mean you look at CZ going to Dubai and Dubai gave Finance a crypto license and then you had FTX one of the largest crypto exchanges doing a great job They also see the license operating to buy as well, which will be used to trade options in cryptos So not a coincidence that other countries like holy shit. The u.s. Is for real now, so We either fall behind or we better start locking in companies even before they come out with that regulatory framework So that you know It's easy to do a great (24/34)
job going all over the place and expanding his brand who's one of the biggest names I think it's a richest crypto person a great. I love him. I mean finance got hacked early on is in our portfolio They got hacked foot. I think it's tens of millions of dollars. This guy paid out immediately Immediately had the money no bullshit, whatever. I mean that provides credibility. That's why it's pretty much the biggest and best place I mean, I just wish that more US exposure, but maybe they do now. It's gonna be a framework. We'll see but there's a clear path for trillions to flow into crypto, which is significant since This is where all the innovations taking place NFTs gives you ownership of your material on the web We don't have to rely on having your material pulled from certain platforms even Elon Musk said he wants to start, you know a competitive service to Twitter because Twitter Facebook YouTube, I mean these guys remove whatever they want to remove they control they own your content. (25/34)
You're on their platform They own it no matter what and you might not even say anything bad. Maybe it's something whatever and they'd like Sorry, we're moving it. You can't get it back. They're like, no, what do you do? You can't like sue anybody can't do anything You see those people who get removed they go on other platforms and say Facebook remove me Zuckerberg's an asshole Is it you know what they get nothing? Nothing that follows its hard to even follow them get servers up to get their own platforms And they could bitch and complain all they want, but they can't do anything other than that NFTs changes that look at the metaverse. It's massive The centralized finance play to earn gaming Dow security tokens and each of those trends alone Could go to separate trillion dollar industries over the next ten years Guys crypto is here. It's why theory is mark cap is now with 360 billion dollars if you take that mark cap, it's bigger than MasterCard. It's bigger than Bank of America It's (26/34)
why you seeing crypto names on stadiums guys like Matt Damon Larry David doing commercials the bigger influences on social media investing in these companies It's here and the growth potential in the next five to ten years is absolutely enormous Now for me we're getting lots of questions about a crypto intelligence newsletters, and I could tell you this Right now in our newsletter at ten cryptos trading below a buy up to price and some of these names are recommended over the past Six months so they they fell they bounced back, but still have enormous enormous upside potential these are names I researched thoroughly they have backing of major funds. They got good management teams. They have utility features for their token There's not a lot of bullshit But if you're believing that bitcoins will one day trade over a hundred thousand one day Let's talk about tomorrow. I'm not talking about the end of this year You're gonna take two years of voice if you believe that if that happens over (27/34)
the next few years Some of these names are likely gonna see 10x plus gains And you can't really get those gains right now in the stock market not when they come out of crazy IPO levels So a coin base even so an uber is uber above its IPO price yet, you know, it's come back And then you have the snowflakes, I mean these things have gotten annihilated Roblox IPO or you do the SPAC route which you know they all get in they all dump their stock They pump it and then these things are all getting destroyed right now, and they're out to their next back, right? They just tell you this greatest thing ever and inflate the valuations when you're fleeing valuations And you're buying these things when they're already pricing in the next 25 years of growth. There's a little upside for you Yes, you could earn 50% 100% 150% You're not gonna earn life-changing game 10x 20x 100x which we've seen in crypto and I think Going forward those games be even greater based on the names that are getting involved (28/34)
in these incredible innovative trends so seeing a lot of lots lots of interests and We do have a lot of names you could buy right now. So we open up crypto intelligence to new subscribers With a special offer for this week if you want it take it if not, don't worry about it I understand if you don't want to get to crypto, but if you are thinking about it, I suggest doing this week So we're cutting the price in half for an annual subscription which makes the offer great by itself and people say 50% Oh, I'm also gonna give away a free year this way You're in this for two years to let this trend run over the next two years. You're gonna see incredible growth You'll be able to pay half the price by two years crypto intelligence Again, it's the best offer we made on this product since we launched over three years ago But it's only good for this week If you're interested you can go to our website curves of research comm is a batter there If you're on an email list, you're gonna be getting (29/34)
email for us with that special offer again only good for this week But I want to try to get for people who have been asking about it and thinking about it the timing right now I love getting people in at the right time Because those are people that are gonna be able to benefit not only that within our portfolio We have lots of names that you could buy right now So it's not like you get the newsletter and that you can only buy the last name, right? Cuz everything's trained above the buy up to price. That's what happens Super Bowl markets There's over ten and is those are played on defi metaverse security tokens recommended security token one super speculative coin, which I think has Incredible incredible upside potential I mean, it's a pure play on cities like New York Austin, Miami who are getting into crypto But I see hundreds of cities following their lead and this is the coin that all that flows through And why do I see that people say well electricity costs on my it's much better (30/34)
in terms of tax dollars then Legalizing marijuana or legalizing gambling which really really hurts people And when you look at the electricity and the cost compared to other things that banks are using and stuff like that It really is little it's all political agenda against it But you're gonna see a lot of cities they need tax revenue They spend much more than they bring in and you have three cities are in here They're gonna just like when Colorado open up the door for marijuana. Look who followed everybody follow said, okay There's the easiest way to make tax on same with gambling easiest way to make tax dollars. This provides a much safer way for people Unless you like, you know more more people smoke marijuana and gamble which we know happens sometimes with that But this provides an easier way This is the pure play on all that growth in those cities going to crypto also a buy and open up the u.s. To institutions. I mean I've never been more bullish on this sector in my life. Okay, (31/34)
that's saying something considering the money I made in this industry over the past three four five years So when it comes to crypto you have to have money allocated to the sector. Is it risky? Yes, but when you're looking at the risk-reward and what you could generate you're not gonna see it anywhere across all industries I've been doing this for 30 years You're not gonna see that to the point where if you're risking a certain amount of capital your gains could be 10x 20x 50x which we've seen compared to risking that same amount to again get maybe 2x 4x 5x and that's in whatever industry Meme stocks or crazy stuff or biotech or whatever. So it becomes a risk-reward It's all a matter of how much you want to speculate with your money But we all should be speculating at least a certain percentage if you are It needs to be in crypto guys. That's what all the innovations taking place. This is like the internet it is here All the institutions about to rush in and the next three to five (32/34)
years Like I said, I've never been more bullish at any time in this sector in my life So if you're interested in that offer go to courage at research calm. There's a little banner there. If not, no worries I know a lot of you like no, I don't want crypto I still need to learn you can learn from this and do videos 30 minute videos get educational Stuff that you could find on there you have questions a comment email me directly to but uh, yeah It's there for you. If you want it only available for this week. So guys, that's it for me Any other questions comments just want to cover the things that I'm doing with my money Banks in crypto two things. I love okay There's training opportunities all over the place lots of trading opportunities and I get it straight back and forth went to oil agriculture uranium I get it people hold you rain usually long term, but if you're looking for the next Two years and investing says the next 18 to 24 months you have to have exposure to banks You have to (33/34)
have exposure to crypto. That's where the institution money trillions is gonna flow into And those are on trends that are not changing Anytime soon unless you expect governments to stop spending as much money as they're spending Or unless you expect the Fed to stop raising rates, which if they do we're gonna see inflation at 12 13 14 percent So they have to raise rates Those are two almost almost guarantees that are gonna happen and the two sectors gonna benefit the most cryptos and banks so that's it for me getting questions comments Frank because the research calm and See you guys tomorrow. Take care 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 (34/34)