8-29-2023 – When Stock Becomes Worthless, Can Investor's Gain a Valuable Lesson?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 30 August 2023
⏱️ 46 minutes
🧾️ Download transcript
Summary
According to Nasdaq data, more than 15 million transactions took place on August 16th in shares of a failing home retailer which filed for Chapter 11 bankruptcy protection in late April.
Today's Stocks & Topics: WM - Waste Management Inc., Rate Mortgages, Copper, Bed, Bath and Beyond, GILD - Gilead Sciences Inc., SN - SharkNinja Inc., Buying Vacation Properties, ATVI - Activision Blizzard Inc., KO - Coca-Cola Co., DAC - Danaos Corp., ORI - Old Republic International Corp., AMN - AMN Healthcare Services Inc.
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Transcript
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| 0:00.0 | This is Invest Talk, independent thinking, shared success. |
| 0:09.0 | Just and client, Steve Peasley, stand ready to take your finance and investment questions |
| 0:14.2 | and share their unbiased answers. |
| 0:18.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving |
| 0:23.2 | clients throughout the United States. |
| 0:26.2 | The clarity for your path forward starts now. |
| 0:30.6 | Here is KPP Financial President, Financial Advisor, Steve Peasley. |
| 0:36.2 | Good afternoon, everybody and welcome to Invest Talk. |
| 0:40.1 | It is Tuesday, August 29, 2023. |
| 0:43.6 | I'm Steve Peasley, and on this program and podcast, I will be providing useful data and |
| 0:49.5 | my unbiased perspective developed from more than 50 years of investing experience. |
| 0:55.9 | So my objective is to help you become my better investor. |
| 1:00.0 | It's that simple. |
| 1:01.7 | And to accomplish this, I have a mix of educational and actionable material to touch on today. |
| 1:08.8 | And of course, your contributions in the former questions and comments are always the |
| 1:14.6 | main part of the podcast, the most important part in my opinion. |
| 1:20.0 | But before I talk about that or anything else, it's about market performance and what |
| 1:24.1 | happened today. |
| 1:25.1 | I think we need to go ahead and listen to our first caller question, so let's go ahead |
| 1:29.0 | and pick that up. |
| 1:30.0 | Hi, Steve, Justin. |
| 1:31.5 | I would like to get your take on waste management stock, WM, and looking to get some exposure |
... |
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