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Wall Street Unplugged - What's Really Moving These Markets

Ep. 501: How to Invest in Hated Stocks

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.51.1K Ratings

🗓️ 22 March 2017

⏱️ 63 minutes

🧾️ Download transcript

Summary

Welcome back to another episode of Wall Street Unplugged!  On today’s show I bring back the rockstar of CEO’s – Keith Neumeyer. Keith is a pioneer in the resource industry. He has successfully built three publicly traded mining companies And today, he catches us up to date on two of them - First Mining Finance (FF.V), and First Majestic Silver (AG). I first invited Keith on the show directly after the launch of his first gold venture, First Mining Finance. At the time, the stock was at just at $.30. Today, the stock price rests right around $1. Keith has a knack for buying assets at the right time. In other words, he’s an expert at timing the market. As you’ll hear on the show, “what you pay for assets is how you create value” is his motto. When he launched First Mining Finance, gold prices were sitting at record-level lows. And when commodity prices finally rebounded last year, his company took off – reaching gains well over 300%. Today Keith gives us his outlook for the company going forward, along with the yellow-metal itself. Moving on, we turn our focus to Keith’s other company, First Majestic Silver (AG). First Majestic is the largest Silver producer in the world. And looking at the numbers, The company has everything in place.  Then for today’s Educational Segment, we take a closer look at one of my favorite market strategies – Buying hated stocks.  One-by-one, I break down a list of Wall Street’s most hated companys. These are the stocks that everyone avoids; and stocks that have “sell” ratings across the board. This includes names like Twitter, Valeant, Sears, Macy’s, Gamestop, and Target. By any means, what I am about to introduce to you is not an easy strategy… But when you follow these steps, it can work like a charm.  This is the stuff that has led me to my greatest gains in my career. And it’s the only contrarian formula you need to know.

Transcript

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0:00.0

Wall Street Unplugged looks beyond the regular headlines heard on mainstream

0:06.0

financial media to bring you unscripted interviews and breaking commentary direct from Wall Street

0:11.7

right to you on Main Street.

0:16.0

How's it going out there? It's Wednesday, March 22nd.

0:19.0

I'm Frank Curzier, I'm home to the Wall Street Unplugged Podcast, why I break down the headlines and tell you what's really moving these markets.

0:30.0

Man, what a tournament so far?

0:32.0

My bracket is completely busted. Man, what a tournament so far?

0:33.0

My bracket is completely busted with Iowa State and Villanova losing.

0:37.2

North Carolina should have lost as well.

0:40.5

That's if the Arkansas coach designed just maybe one play in their last five

0:44.8

possessions when they were up five points with less than three minutes to play.

0:47.8

I mean you had North Carolina is considered just about the best team in the

0:52.3

tournament they were on the ropes.

0:53.7

I don't know if you saw the game, they were nervous, they were turnovers, they actually had their

0:58.7

number, but they didn't drive that stake through the heart what you need to do and you have a great team on the ropes.

1:05.3

Yeah, Duke also lost which wasn't really a surprise to me.

1:10.0

And they really weren't a good team for almost a whole year since they didn't really have good guards.

1:15.0

They did win the AC tournament, which was an amazing accomplishment, one of the best divisions.

1:20.0

But almost everyone after that happened picked them to go to the final four and not only the final four, but they would pick him to win the whole thing.

1:26.0

It's amazing. How much sentiment change?

1:29.0

Before the, just a few weeks ago, before the AC tournament.

1:32.0

I mean nobody, expectation for Duke was

...

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