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Wall Street Unplugged - What's Really Moving These Markets

Ep. 516: Frankly Speaking: When to Book Your Profits

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

4.5 • 1.1K Ratings

šŸ—“ļø 12 May 2017

ā±ļø 38 minutes

šŸ§¾ļø Download transcript

Summary

Welcome back to another episode of Frankly Speaking. Whenever I'm up on a stock, there always comes a time and place to take my profits off the table... And unlike how we protect ourselves on the downside by the use of stop-loss orders...Ā there is really no set formula when it comes to booking profits. The answer remains in your initial investment thesis. And to start off today's episode,Ā I explain exactly what I mean. Moving on... I then discuss a stock that is now on my radar, only thanks to you - my readers who question-in. When I first looked at the stock, which is currently sitting at 7 cents, I laughed... But it turns out this company makes a very interesting play. It has all the factors I like: The company has key projects under great jurisdictions... they have great investors and parters... and more important, they have an excellent management team in place. In fact, the company's most recent addition to their board of directors has comeĀ from one of the most successful publicly traded agricultureĀ companies in the world - Potash Corporation of Saskatchewan (POT). Switching gears, I then break down the oil &Ā gas industry as a whole. OPEC is expected to extend cuts, more production will be coming offline, and investor sentiment continues to remain negative. But that doesn't mean there isn't buying opportunities... And finally, although I might be stepping over my boundaries, to end today's episode, I talk a little bit of politics. Excuse me for my rant... but I just had to say it. Special thanks to Wade, Phil, Dominic, and Jesse. Keep the questions coming! Thanks for tuning it and good investing, Frank Curzio

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

0:11.8

right to you on Main Street.

0:13.6

What's going on there in Friday, May 12th?

0:18.6

I'm Frank Curzy, hosted a frankly speaking podcast where I answer all of your questions. By the Market stocks, comedy, sports, anything else you want to throw at me?

0:26.4

Create this podcast to answer more of your questions that you was sending me through

0:30.4

my Wall Street Unplugged podcast Podcast which I host every Wednesday.

0:33.4

Do you have any questions you want to answer? Just send me an email at Frank at cursier

0:37.7

research.com that's Frank at cursier research.com. Be sure to put frankly

0:41.8

speaking in the headline so it makes it real easy for me to find

0:44.5

that email and you never know your question may be the one I read on this podcast.

0:50.0

Let's start with a question from Wade.

0:53.0

It says, now that the smoke has cleared.

0:56.0

Just wanted to say I'm excited to be a lifetime member to your newsletter

0:59.0

and I enjoy listening to your podcast every week.

1:01.0

Awesome job.

1:02.0

Thanks, I really appreciate that. It is now awesome. listening to your podcast every week. Awesome Job.

1:02.7

Thanks, I really appreciate that.

1:03.7

Wade.

1:04.7

It is now on to my question.

1:06.6

I know I've heard you say in the past regarding stock positions

1:09.3

that are up quite a bit, that maybe you should take some profits. I'm wondering if you have a strategy as

...

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