Disclosures and Details

Please read the following information carefully.

This document contains two distinct parts.

Part 1: DISCLOSURES ABOUT OUR BUSINESS contains critical information that will help you use our work appropriately and give you a far better understanding of how our business works — both the benefits it might offer you and the inevitable limitations of our products.

Part 2: PROMOTION DETAILS contains facts, figures, explanations, annotations, facts about testimonials, and other resources about the promotional piece you just viewed. If you have questions or want more information about the marketing material you just viewed, the first place to look is Part 2 of this document.

PART 1: DISCLOSURES ABOUT OUR BUSINESS

The first and most important rule of investing is, in our view, the most obvious:

Investing always involves the risk of loss.

As you surely have heard before, the past isn’t necessarily a guide to the future. No matter how well we do our job, no matter how much research we conduct, no matter how promising the opportunity seems, or how certain our analyst is… you cannot escape the fact that every investment opportunity (and particularly in stocks) comes with the risk of a loss. We’ve prepared this document to help you understand exactly why we publish our best investment ideas. It will explain the regulatory and legal framework that governs how we operate and will set the stage for a long and happy business relationship. We’ve been successful in this business for more than 40 years because we’ve always been dedicated to serving our subscribers by always being completely transparent about the utility of our products (track records), and by always considering how we’d want to be treated if the roles were reversed. If you’ll take the time to read this document, we believe you will be in a better position to succeed using our materials. You’ll know more about the limits of what we can help you achieve. And, most of all, you will know a lot more about the risks you inevitably face as an investor.

Most of your success as an investor will be determined by how much capital you have to invest, how much time you have to invest, and your asset allocation; that is, how much of your capital you have in stocks versus bonds and cash. If you want to be successful as an investor, our best advice is to become an expert at avoiding risk. Simply putting your money into high-quality stocks and bonds is very likely your best bet.

The first thing to know about our business is that we are NOT money managers, brokers or fiduciaries of any kind.

Our published work is NOT a low-price replacement for an experienced money manager, broker, or investment advisor. Instead, we are a publishing company and the indicators, strategies, reports, articles, and all other features of our products are provided for informational and educational purposes only. Under no circumstances should you construe anything that appears in our newsletters, reports, or on our website as personalized investment advice. Our recommendations and analyses are based on Securities and Exchange Commission (SEC) filings, current events, interviews, corporate press releases, and what we’ve learned as financial journalists. You shouldn’t make any investment decision based solely on what you read here. We urge you to get as much education as possible and to consider consulting a licensed individual advisor before making investments of any kind.

We are NOT responsible for your results — good or bad. We will NOT take credit (in the form of a percentage of your profits) for your success. Nor are we legally liable for any of your losses.

Subscribing to our newsletters will not make us responsible for your investment results. You will bear the full burden of the risks you decide to take. As we will regularly remind you: It’s your money, and it’s your responsibility. Our lack of fiduciary responsibility might cause you to second-guess our work. That’s fine with us. We urge you to be critical and skeptical of all investment recommendations, no matter the source. When you use our services (or anyone else’s) remember to always limit your position sizes to an amount you can afford to lose.

A very important warning: We make mistakes.

We are human. We make mistakes. Sometimes our ideas and hunches turn out to be wrong. Sometimes our “timing” is off. That is, an investment theme we expect to develop only does so in a time frame that makes it difficult to earn a profit. It is important for you to realize that no published materials anywhere are regularly published without at least occasional mistakes. When we make mistakes, you can count on us to correct them as quickly and honestly as possible. It is very unlikely (though it does happen from time to time) that you will become wealthy from trading stocks, bonds, options, commodities, or other financial instruments. The most realistic way to become wealthy, in our view, is by building your own business or by playing a key role in the creation or the significant growth of an existing one. Our newsletters are intended to serve people who are in the process of wealth building by helping them manage their savings, or people who already have significant amounts of savings earn a higher average return.

We don’t accept compensation from the companies we recommend as investments.

Our business either thrives or withers based on our ability to please our customers and sell subscriptions. The structure of our company and the factors that drive our profits help minimize the financial temptation to “go with the crowd” in the short term. The vast majority of our revenue is derived from renewal sales or additional sales to existing customers. We typically market to new customers at a loss. This allows us to reach more potential subscribers and, over time, to build a bigger business. It also means that unless our subscribers choose to renew in large numbers, we are unlikely to succeed at our business. This helps to align our interests with the long-term success of our subscribers. We believe we are unique in this long-term strategy among all financial publishers.

Why our business model is almost exclusively based on subscriptions.

You may have noticed that the vast majority of our products are offered only via subscription. To protect free speech and to encourage public debate and the exchange of ideas, the SEC has carved out what’s known as the “publisher’s exemption” from certain securities laws. This exemption means that we aren’t required to be registered with the SEC. To qualify for this exemption from securities licensing we must be a “bona fide” publisher that offers non-individualized investment advice to the general public on a regular basis. These policies help create accountability for publishers.

Newsletter track records

The best evaluation tool we can provide is to give you the average annual return of each recommendation made and the average holding period. This gives you the annualized return — which is an approximation of what you might have earned following the advice of a newsletter. It’s far from precise. It doesn’t account for taxes (if you’re investing in a taxable account) or “slippage” — which is the price you paid when you bought versus the recommended price and the price you got when you sold versus the recommended sell price. We can only track prices that are available in the market at the time we publish. Occasionally, someone will complain that our track records aren’t reliable because they don’t reflect actual investment returns. It’s important for you to realize that your results might be better or worse than the results we represent. We simply have no way to know what your entry price was, what your exit price was, or what taxes you’ve paid (or will eventually pay). We strive to make our track records accurate. They may, or they may not, be representative of your actual results. The most important thing that you need to understand; however, is that no single investment strategy (or investment analyst) can provide consistently market-beating advice at all times and in all markets. Our efforts are designed to allow you to use the right tools in the right market conditions.

PART 2: PROMOTION DETAILS

The following contains facts, figures, explanations, annotations, testimonial support, and other resources about the promotional piece you just viewed.

In short, these are the resources used to put together the previous promotion. As you have seen, we publish testimonials in our promotions. All of those testimonials are the words of real subscribers that we received in real letters, emails, and other feedback. If a subscriber sends a testimonial we’d like to use in a promotion, a member of our Customer Service team contacts him or her to verify his or her claims and obtains a testimonial.

When we receive testimonials from a subscriber, we veil his or her last name and any identifying details to protect his or her privacy and identity. During the verification process we’ll often ask for particulars about the subscriber’s results, including:

How much money he or she invested;
How long he or she was in the trade, and the security(ies) or other investment vehicle that was involved;
How much the subscriber made in dollar terms and as a percentage of the original investment; and
What portion of his or her overall portfolio was put into the trade.

We ask these questions because we want a clearer picture of the results that the subscriber attained so that we can pass that information on to you.

If the subscriber does not give us this information, then we do not publish his or her testimonial. We publish this information to let you know that these results are possible and have been achieved by real people after reading our research; however, you should also understand that we are advertising these testimonials because they are atypical. These results are examples of the very best possible outcomes.

Past results like these are no guarantee of any future result.

We wouldn’t recommend anticipating such outstanding results with your own investments. Yes, you could have results like these, but it’s simply not prudent to assume you will make large investment returns. Instead, we urge you to read our work carefully, to follow our risk management strategies conscientiously, and to invest cautiously while setting expectations that are based around our long-term performance averages.

You should know that the material details in this promotion are reviewed for accuracy and transparency by our in-house legal team.

The details listed below are listed in the order they appear in the accompanying promotion.

If you have any questions or want more information about the marketing material you just viewed, here’s where you should start. Remember, you can also call our Customer Service team at 800-219-8592 from Monday to Friday, 9:00AM to 5:00PM ET.

SOURCES IN PROMOTION :

Today, Globant’s is the leading A.I. consultancy in America whose clients include Coca-Cola, Nissan and even Google. https://www.globant.com/news/globant-acquires-pointsource-reinforce-its-focus-digital-transformation https://stayrelevant.globant.com/en/technology/automotive/nissan-intelligent-mobility-with-globant/

It’s a company you’ve never heard of… and they’re taking over with a technology you can’t see – radio frequency. https://www.inc.com/magazine/201705/victoria-finkle/founders-10-2017-impinj-radio-tracking-tags.html

The cofounder of Impinj is a fellow Caltech alumni. Chris Diorio: https://www.impinj.com/about-us/management-team.

Just over there is where Stanford students Sergey Brin and Larry Page wrote their first Internet search algorithm, called “backrub”… https://en.wikipedia.org/wiki/History_of_Google

More than 1,700 NEW MILLIONAIRES are created in America every day… https://fortune.com/2016/11/22/us-millionaire-wealth-inequality/

Digital Cameras: In 1976, Kodak’s first digital camera shot at 0.1 megapixels, weighed 3.75 pounds and cost over $10,000. Today’s digital cameras are a billion-fold better (1000x resolution, 1000x smaller and 100x cheaper).

dronelife.com/2014/08/11/top-10-reasons-drones-disruptive/

Today’s digital cameras have 1,000-times the megapixels… weigh 14 grams and cost $10... 6:21 of this video: https://www.youtube.com/watch?v=NDXUJpa8V0I

The smartphone in your pocket is 1 million times faster than the computers that sent the first men to the moon. https://www.zmescience.com/science/news-science/smartphone-power-compared-to-apollo-432/

In the year 2000, it cost $46 million to buy a computer that could perform 1 trillion operations per second. ASCI Red: https://www.extremetech.com/extreme/125271-the-history-of-supercomputers/6#:~:text=ASCI%20Red%2C%20with%20over%206%
2C000,ASCI%20Red%20reached%203.1%20teraflops.

Teraflop = 1 trillion calculations per second: https://phys.org/news/2006-06-world-teraflop-supercomputer-decommissioned.html

By 2016, you could buy a computer that performed eight times that many operations per second… for just $400. PS4: Improvements in GPU 16-bit variable float calculations derived from the newer AMD Vega architecture result in the PS4 Pro having a theoretical half precision floating point performance of 8.39 TeraFLOPs.

https://en.wikipedia.org/wiki/PlayStation_4_technical_specifications

COST: https://www.ign.com/articles/2016/09/07/ps4-pro-price-and-release-date-announced

Today, you can log onto ChatGPT and access the power of a supercomputer capable of performing 100,700,000,000,000,000 operations per second… absolutely free. https://zahere.com/do-you-know-the-supercomputer-that-powers-chatgpt

It took 120 years for the landline telephone to gain full adoption. But less than 20 years for the mobile phone… It took 50 years for the television to reach peak adoption… but only 30 years for the PC. It took the internet 18 years to achieve mass adoption. https://www.researchgate.net/figure/3-Technology-adoption-rates_fig2_313796154

But ChatGPT? Just six months. https://www.statista.com/chart/30003/usage-of-ai-tools-in-the-united-states/#:~:text=Word%20of%20ChatGPT’s%20capabilities%20spread,
language%20models%20are%20capable%20of.

It took Google, founded in 1998, just 8 years to reach a $1 billion market cap. https://www.researchgate.net/figure/Years-to-market-capitalization-of-a-billion-USD_fig1_307560120

In 2016, it took a young company called Jet.com just 4 months to become a billion-dollar company. https://fleximize.com/unicorns/#:~:text=US%20shopping%20site%20Jet.
com,within%202%20years%20of%20incorporation.

It took Netflix a decade to make its first billion dollars: https://www.fastcompany.com/90310332/it-took-amazon-5-years-to-make-its-first-1-billion-and-only-2-days-to-make-its-latest-billion

It took them 48 years to become a trillion-dollar tech company. But Apple’s next trillion? And the next? Just two years each.https://www.nytimes.com/2022/01/03/technology/apple-3-trillion-market-value.html

Instead of every 2 years like Moore’s Law, performance is doubling every 3 months. https://www.zmescience.com/science/ai-is-outpacing-moores-law/

It was doing $6 billion in annual revenue in 2004… but by 2010, they’d declared bankruptcy. https://www.ibtimes.com/sad-end-blockbuster-video-onetime-5-billion-company-being-liquidated-competition-1496962

In 2019 alone, a record 9,300 retail stores announced closure. https://www.cnn.com/2019/12/19/business/2019-store-closings-payless-gymboree/index.html

Already 1 in 4 companies have replaced workers with ChatGPT. https://www.resumebuilder.com/1-in-4-companies-have-already-replaced-workers-with-chatgpt/

Yet, during its spectacular run to the top, Salesforce was widely ridiculed by traditional stock analysts and fund managers. https://www.fool.com/investing/general/2013/06/03/salesforce-stock-is-going-nowhere-heres-why.aspx

https://www.thestreet.com/opinion/short-salesforcecom-buy-oracle-11536245

https://www.forbes.com/sites/investor/2010/11/12/is-salesforce-com-a-bubble-in-the-cloud/

Last year alone, nuclear fission startups took in $4.7 billion in private investment. https://finance.yahoo.com/news/10-nuclear-energy-stocks-billionaires-132307983.html

Microsoft has already signed binding purchase agreements with a nuclear fusion startup funded by ChatGPT creator Sam Altman. https://www.theverge.com/2023/5/10/23717332/microsoft-nuclear-fusion-power-plant-helion-purchase-agreement

In 2015, Shopify had 162,000 businesses using its platform. https://www.practicalecommerce.com/Shopify-IPO-to-Value-Company-at-1-Billion

By 2023, that number grew to more than 4 million. https://www.demandsage.com/shopify-statistics/#:~:text=Shopify%20Store%20Statistics,are%20live%20on%20the%20Internet.

It went from being a $1.2 billion company to an $87 BILLION company – 72-times bigger – during that time! https://fortune.com/2015/05/20/shopify-ipo-pricing/ finance.yahoo.com/quote/SHOP?p=SHOP

So as long as Copart simply keeps their platform updated, they sit back and rake in service fees on over 1 million car sales per year. https://en.wikipedia.org/wiki/Copart

His most recent project is a venture-backed startup using A.I. voice analysis to detect lung disease in its very early stages. https://telling.ai/

Another of my top contacts is a guy who’s been called one of the greatest entrepreneurs of all time and the most successful founder in history. https://www.tonyrobbins.com/podcasts/unicorn-founder-bill-gross/

He’s been involved with 300 rounds of financing of more than $3.5 billion And 45 successful IPOs and acquisitions. https://firstround.com/review/Lessons-Learned-from-Bill-Gross-35-IPOs-and-40-Failures/ https://www.businesswire.com/news/home/20200804005438/en/Heliogen-CEO-Bill-Gross-Named-to-Fast-Company-Most-Creative-People-in-Business-List-for-2020

Agent fees, staging costs, closing costs, repairs, and more often take out more than 10% of the sales price of the home. https://www.bankrate.com/real-estate/how-much-does-it-cost-to-sell-house/

Opendoor Links:

https://www.inc.com/kevin-j-ryan/opendoor-wants-to-win-real-estate-industry.html

https://medium.com/@giacaglia/opendoors-algorithm-aa8dfb4fce73

https://fortune.com/2016/11/30/opendoor-raises-210-million/

https://www.thetruthaboutmortgage.com/soon-youll-be-able-to-sell-your-home-online-in-just-three-days/

https://www.opendoor.com/w/guides/how-opendoors-costs-compare-with-traditional-home-sale

https://www.zdnet.com/article/opendoor-discusses-the-secret-sauce-a-deeper-mechanism-to-the-world/

https://www.fool.com/investing/2022/04/24/the-riskreward-for-opendoor-stock-is-amazing/

https://www.opendoor.com/w/faq/cities-opendoor-buy-sell-home

https://investor.opendoor.com/static-files/d8c2a991-84cd-406a-99fc-b818b0913043

https://www.rubyhome.com/blog/opendoor-stats/

See page 43: https://investor.opendoor.com/static-files/ce529554-3b42-44df-81f2-11c6157ce3fd

Slide 7: https://www.opendoor.com/w/wp-content/uploads/2020/09/Opendoor-overview-investor-presentation.pdf

techcrunch.com/2019/03/20/opendoor-raises-300m-on-a-3-8b-valuation-for-its-home-marketplace/

Amazon created a virtuous, self-reinforcing cycle that exploited the network effect to the tune of creating a company worth more than $1 TRILLION. https://www.google.com/finance/quote/AMZN:NASDAQ

So far this year, the stock has returned nearly three time more than the Nasdaq. – https://www.forbes.com/sites/petercohan/2023/07/17/mongodb-stock-up-11800-since-ipo-generative-ai-could-send-it-higher/amp/

This young company is being called the next “de facto A.I. partner for large enterprises. https://www.barrons.com/articles/yext-stock-ai-layoffs-search-dc17858e

Their revenue has grown at triple-digit rates in six of the past eight quarters, and next year’s forecasts were just revised higher. https://www.nasdaq.com/articles/symbotic-ai-robots-disrupt-warehouse-industry-stock-price-soars

50% of today’s Fortune 500 companies will die in 10 years and be replaced by startups we haven’t heard of yet. https://www.thegeniusworks.com/2020/01/at-least-40-of-all-businesses-will-die-in-the-next-10-years-if-they-dont-figure-out-how-to-change-their-entire-company-to-accommodate-new-technologies-75-facts-about-business/

Lidar helps autonomous cars “see” their surroundings by bouncing a laser beam off objects in their path. https://velodynelidar.com/what-is-lidar/#:~:text=How%20Does%20Lidar%20Work%3F,calculate%20the%20distance%20it%20traveled.

No one has found a way to produce lidar sensors cheaply enough to enable driverless cars to be produced on mass scale. https://www.technologyreview.com/2017/11/28/147443/lidar-just-got-way-better-but-its-still-too-expensive-for-your-car/

Enter the startup company behind me, headed by a 27-year-old boy genius who’s already being called the next Elon Musk. https://www.mccourier.com/the-whole-world-has-just-discovered-the-next-elon-musk-and-hes-already-a-billionaire/

Instead of going to high school, he attended the University of California, Irvine Beckman Laser Institute as a teenager, one of the top laser research centers in the world. https://www.entrepreneur.com/article/361130

In fact, it is the only sensor in market that broadly meets ALL automobile manufacturer system requirements for perception tech. Slide 19: https://investors.luminartech.com/static-files/d5fe72a1-a244-4a39-bbe8-afe5c30a98ed

But the real breakthrough is how this whiz kid has figured out how to make these sensors at just a FRACTION of the normal costs. https://www.wired.com/story/lidar-cheap-make-self-driving-reality/

Seven of the top 10 passenger car original equipment manufacturers have partnered with his business, including Ford, Honda, Toyota, GM, Volvo, and more. Slide 30: https://observer.com/2020/02/peter-thiel-dump-facebook-stock-before-2020-election/#:~:text=Thiel%20invested%20%24500%2C000%20in%20
Facebook,Facebook%20CEO%20had%20been%20driving.

Altogether, his company has established commercial partnerships with 75% of the global passenger vehicle, trucking, and driverless-taxi ecosystem. Slide 30: https://observer.com/2020/02/peter-thiel-dump-facebook-stock-before-2020-election/#:~:text=Thiel%20invested%20%24500%2C000%20in%20
Facebook,Facebook%20CEO%20had%20been%20driving.

This could be like uncovering Intel in the 1980s as they were debuting the silicon microchip that would make personal computers ubiquitous in homes across America! Before it soared over 90X. 42 cents in 1981 (1981 was as far back as I could find) to $49 today.

https://www.google.com/finance/quote/INTC:NASDAQ

Thanks to applied A.I., the hardware and software used in the energy industry is becoming so powerful that computers can now optimize the perfect method for drawing ore from the ground… they can identify and harness the best source of energy in real-time… and they can forecast and sidestep power outages a day in advance… The implications are incredible… and, economically, Forbes has estimated it’s part of a “$100 Trillion investment opportunity.” https://saskatoon.ctvnews.ca/saskpolytech-harnesses-power-of-a-i-for-uranium-mining-1.5816092 https://www.stem.com/wp-content/uploads/2021/05/Stem-Solutions-Overview_Athena_May-2021_v10.pdf https://blog.fluenceenergy.com/how-ai-and-machine-learning-are-driving-value-in-a-clean-energy-future https://www.forbes.com/sites/davidcarlin/2021/06/02/the-ieas-net-zero-climate-pathway-is-a-100-trillion-investment-opportunity/?sh=35da72015597

If you want to join conventional Silicon Valley venture deals, you’ll need a net worth of at least a million dollars and make $200,000 per year. https://velawoodlaw.com/how-to-angel-invest-what-is-an-accredited-investor/

EXAMPLE FOR CLAIMS

Shares of Jeff Bezos’s firm Amazon are up 1,400 -fold since the company’s IPO. – . 09 on 5/16/97 to 133.77 07/17/23 = 148,577% https://www.google.com/finance/quote/AMZN:NASDAQ

Shares of Elon Musk’s Tesla are up 22,364% since the company’s IPO. 1.28 on 7/2/10 to 287.54 07/17/23 = 22,350% https://www.google.com/finance/quote/TSLA:NASDAQ

Shares of Globant then tripled, giving my readers an opportunity to make peak gains of 211%… 8/1/2019 – GLOB was $110.20, Peaked at $342.01 on 5 November 2021, a 211% gain.

Today, Apple is a $3 TRILLION company. Early backers made more than 900-times their money. 15 cents in 1/2/81 to 193 on 7/17/23 = 913X

Early Netflix investors made more than 370-times their money. 1.21 on 5/24/2002 to 450 7/17/23= 438

Early eBay backers saw more than 59-times their money… 9 cents on 9/25.98 to $47 on 7/17/23 = 59x

Folks who backed Facebook early on saw an incredible 250X return $1.11 in pre-ipo markets in 4/2009

https://techcrunch.com/2012/05/18/charts-facebooks-ipo-in-historical-context-and-its-share-price-over-time/

$310 today: https://www.google.com/finance/quote/FB:NASDAQ

Early backers of Nvidia were rewarded with 1,133-fold returns! .41 on 1/18/99 to 464.61 on 7/17/23 =

https://www.google.com/finance/quote/NVDA:NASDAQ

A startup named MicroVision as much as quadrupled investors’ money this year… 1.82 on 4/25/23 to 7.65 on 6/8/23 = https://finance.yahoo.com/quote/MVIS

A small company called Verses AI has shown early backers as much as 6X returns... .39 on 11/9/22 to 2.61 on 6/5/23 = 6.6X https://finance.yahoo.com/chart/VRSSF

Investors in Silicon Valley startup CXApp could have captured as high as 9X returns on their money. 1.50 on 4/6/23 to 13.85 on 4/14/23 = 9X https://finance.yahoo.com/quote/cxai/

That’s why I recommended digital payments company Square, now known as Block, before it soared as much as 15X. Recc’d SQ 5/3/17 https://investorplace.com/2017/05/buy-square-inc-sq-stock-mobile-pay-trend-grows/

$18.28 on this date: https://finance.yahoo.com/quote/SQ/history?period1=1493596800&period2=1493942400&interval=1d&filter=history
&frequency=1d&includeAdjustedClose=true

Hit 275.10 on 8/2/21:

18.28 to 275.10= 12.2X

Since going public in 2004, CRM shares are up more than 50-fold: $4.25 at IPO to $227 today: https://www.google.com/finance/quote/CRM:NYSE

Folks who followed my recommendation got in on Wayfair before it soared as high as 800%. Recc’d on 8/10/16 https://seekingalpha.com/article/3998367-wayfair-opportunity-in-rubble

Price on that date: 37.72 to 340.66 on 8/21/2020 = 803%

https://finance.yahoo.com/quote/W/history?period1=1597881600&period2=1598054400&interval=1d&filter=history
&frequency=1d&includeAdjustedClose=true

https://finance.yahoo.com/quote/W/history?period1=1470787200&period2=1470960000&interval=1d&filter=history
&frequency=1d&includeAdjustedClose=true

NextEra is up 40-FOLD⁵⁹ since its IPO. 1.81 on 7/31/1972 to 72.85on 7/28/23 = 40.24X

https://finance.yahoo.com/quote/NEE/

Public Service Enterprise Group is up as much as 11-FOLD since going public… 6.30 at IPO in 1972 to 70.00 in 3/31/2022 =

https://finance.yahoo.com/chart/PEG

And Cameco rose as much as 72-FOLD⁶¹ over 4 years. .72 in 3/2000 to 52.43 on 12/31/2004 = 72X

https://finance.yahoo.com/chart/CCJ

Digi International, which is up nearly 21-FOLD. 1.98 on 9/27/2002 to 41.72 on 7/31/23 = 21X

https://www.google.com/finance/quote/DGII:NASDAQ?sa=X&ved=2ahUKEwi0isOcm7mAAxVHE1kFHd5gBLIQ3ecFegQIJRAf

Silicon Motion Technology, up as much as an incredible 44-FOLD. 2.06 on 2/27/09 to 92.07 on 12/23/21 = https://www.google.com/finance/quote/APPS:NASDAQ

And InTEST, which is up as much as 133-FOLD…jumping from 20 cents a share to $26 today. .20 on 12/5/08 to 26.26 on 6/30/23

https://www.google.com/finance/quote/INTT:NYSEAMERICAN?sa=X&ved=2ahUKEwiWmpSAjrmAAxUWElkFHZ-SB2UQ3ecFegQIIhAf

And the stock (SHOP) has risen as high as 15-fold since I recommended it in 2017. https://investorplace.com/2017/10/ignore-citron-report-and-use-this-dip-to-buy-shopify-inc-us-shop-stock/

9.79 on 10/6/17

152.48 on 8/31/2021 = 15X

morningstar.com/stocks/xnys/shop/chart

Compare that to high cost, “slow growth” companies like FedEx or GM and it isn’t even close. https://finance.yahoo.com/quote/SHOP/chart?p=SHOP#eyJpbnRlcnZhbCI6IndlZWsiLCJwZXJpb2RpY2l0eSI6MSwidGltZVVuaXQiOm51bGwsImN
hbmRsZVdpZHRoIjo2LjYxNTM4NDYxNTM4NDYxNSwidm9sdW1lVW5kZXJsYXkiOnRydWUsImFkaiI
6dHJ1ZSwiY3Jvc3NoYWlyIjp0cnVlLCJjaGFydFR5cGUiOiJsaW5lIiwiZXh0ZW5kZWQiOmZhbH
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

Thanks to incredible demand for its services, Paycom’s market value increased nearly 22-FOLD since 2014. 15.41 on 4/30/14 to 348 on 7/19/23 = 22X

https://www.morningstar.com/stocks/xnys/shop/chart

In fact, it has very few employees compared to other “traditional” payroll companies. 3,765 employees vs 58,000 for ADP

https://en.wikipedia.org/wiki/Paycom

https://en.wikipedia.org/wiki/ADP_(company)#:~:text=ADP%20currently%20has
%20about%2058%2C000,2019%20revenues%20were%20%2414.2%20billion.

Copart’s shares have soared 317-fold since their IPO, beating the S&P 500 by 34 times over. 31,799% (CPRT) vs 926% S&P = 34X

https://finance.yahoo.com/chart/CPRT#eyJsYXlvdXQiOnsiaW50ZXJ2YWwiOiJtb250a
CIsInBlcmlvZGljaXR5IjoxLCJ0aW1lVW5pdCI6bnVsbCwiY2FuZGxlV2lkdGgiOjMuOTU1MDg1MjE0MDY5
MTM5NywiZmxpcHBlZCI6ZmFsc2UsInZvbHVtZVVuZGVybGF5Ijp0cnVlLCJhZGoiOnR
ydWUsImNyb3NzaGFpciI6dHJ1ZSwiY2hhcnRUeXBlIjoibGluZSIsImV4dGVuZGVkIjpmYWxzZSwi
bWFya2V0U2Vzc2lvbnMiOnt9LCJhZ2dyZWdhdGlvblR5cGUiOiJvaGxjIiwiY2hhcnRTY2FsZSI6InBlcmNlbnQiLCJwYW5lbHMiOnsiY2hhcnQiOnsicGVyY2VudCI6MSwiZGlzcGxheSI6IkNQUlQiLCJjaGFydE5hbWUiOiJjaGFydCIsImluZGV4IjowLCJ5QXhpcyI6eyJuYW1lIjoiY2hhcnQiLCJwb3NpdGlvbiI6bnVsbH0sInlheGlzTEhTIjpbXSwieWF4aXNSSFMiOlsiY2hhcnQiLCLigIx2b2wgdW5kcuKAjCJdfX0sInNldFNwYW4iOnsiYmFzZSI6ImFsbCIsIm11bHRpcGxpZXIiOjF9LCJvdXRsaWVycyI6ZmFsc2UsImFuaW1hdGlvbiI6dHJ1ZSwiaGVhZHNVcCI6eyJzdGF0aWMiOnRydWUsImR5bmFtaWMiOmZhb
HNlLCJmbG9hdGluZyI6ZmFsc2V9LCJsaW5lV2lkdGgiOjIsImZ1bGxTY3JlZW4iOnRydWUsInN0cmlwZWRCYWNrZ3JvdW5kIjp0cnVlLCJjb2xvciI6IiMwMDgxZjIiLCJldmVudHMiOnRydWUsInN0c
mlwZWRCYWNrZ3JvdWQiOnRydWUsImV2ZW50TWFwIjp7ImNvcnBvcmF0ZSI6eyJkaXZzIjp0cnVlLCJzcGxpdHMiOnRydWV9LCJzaWdEZXYiOnt9fSwic3ltYm9scyI6W3sic3ltYm9sIjoiQ1BSVCIsInN5bWJvbE9iamVjdCI6eyJzeW1ib2wiOiJDUFJUIiwicXVvdGVUeXBlIjoiSU5ERVgiLCJleGNoYW5nZVRpbWVab25lIjoiQW1lcmljYS9OZXdfWW9yayIsIm1hcmtldCI6InVzX21hcmtldCJ9LCJwZXJpb2RpY2l0eSI6MSwiaW50ZXJ2YWwiOiJtb250aCIsInRpbWVVbml0IjpudWxsLCJzZXRTcGFuIjp7ImJhc2UiOiJhbGwiLCJtdWx0aXBsaWVyIjoxfX0seyJzeW1ib2wiOiJeR1NQQyIsInN5bWJvbE9iamVjdCI6eyJzeW1ib2wiOiJeR1NQQyJ9LCJwZXJpb2RpY2l0eSI6MSwiaW50ZXJ2YWwiOiJtb250aCIsInRpbWVVbml0IjpudWxsLCJzZXRTcGFuIjp7ImJhc2UiOiJhbGwiLCJtdWx0aXBsaWVyIjoxfSwiaWQiOiJeR1NQQyIsInBhcmFtZXRlcnMiOnsiaXNDb21wYXJpc29uIjp0cnVlLCJjb2xvciI6IiMxYWM1NjciLCJzaGFyZVlBeGlzIjp0cnVlLCJjaGFydE5hbWUiOiJjaGFydCIsInN5bWJvbE9iamVjdCI6eyJzeW1ib2wiOiJeR1NQQyJ9LCJwYW5lbCI6ImNoYXJ0IiwiZmlsbEdhcHMiOmZhbHNlLCJhY3Rpb24iOiJhZGQtc2VyaWVzIiwic3ltYm9sIjoiXkdTUEMiLCJnYXBEaXNwbGF5U3R5bGUiOiJ0cmFuc3BhcmVudCIsIm5hbWUiOiJeR1NQQyIsIm92ZXJDaGFydCI6dHJ1ZSwidXNlQ2hhcnRMZWdlbmQiOnRydWUsImhlaWdodFBlcmNlbnRhZ2UiOjAuNywib3BhY2l0eSI6MSwiaGlnaGxpZ2h0YWJsZSI6dHJ1ZSwidHlwZSI6ImxpbmUiLCJzdHlsZSI6InN0eF9saW5lX2NoYXJ0In19XSwiY3VzdG9tUmFuZ2UiOnsic3RhcnQiOjE0NTk2NTYwMDAwMDAsImVuZCI6MTUyNjE4NDAwMDAwMH0sInN0dWRpZXMiOnsi4oCMdm9sIHVuZHLigIwiOnsidHlwZSI6InZvbCB1bmRyIiwiaW5wdXRzIjp7ImlkIjoi4oCMdm9sIHVuZHLigIwiLCJkaXNwbGF5Ijoi4oCMdm9sIHVuZHLigIwifSwib3V0cHV0cyI6eyJVcCBWb2x1bWUiOiIjMGRiZDZlZWUiLCJEb3duIFZvbHVtZSI6IiNmZjU1NDdlZSJ9LCJwYW5lbCI6ImNoYXJ0IiwicGFyYW1ldGVycyI6eyJjaGFydE5hbWUiOiJjaGFydCIsImVkaXRNb2RlIjp0cnVlfSwiZGlzYWJsZWQiOmZhbHNlfX19LCJldmVudHMiOnsiZGl2cyI6ZmFsc2UsInNwbGl0cyI6ZmFsc2UsInRyYWRpbmdIb3Jpem9uIjoibm9uZSIsInNpZ0RldkV2ZW50cyI6W119LCJwcmVmZXJlbmNlcyI6eyJjdXJyZW50UHJpY2VMaW5lIjp0cnVlLCJkcmFnZ2luZyI6eyJzZXJpZXMiOnRydWUsInN0dWR5Ijp0cnVlLCJ5YXhpcyI6dHJ1ZX0sImRyYXdpbmdzIjpudWxsLCJoaWdobGlnaHRzUmFkaXVzIjoxMCwiaGlnaGxpZ2h0c1RhcFJhZGl1cyI6MzAsIm1hZ25ldCI6ZmFsc2UsImhvcml6b250YWxDcm9zc2hhaXJGaWVsZCI6bnVsbCwibGFiZWxzIjp0cnVlLCJsYW5ndWFnZSI6bnVsbCwidGltZVpvbmUiOm51bGwsIndoaXRlc3BhY2UiOjUwLCJ6b29tSW5TcGVlZCI6bnVsbCwiem9vbU91dFNwZWVkIjpudWxsLCJ6b29tQXRDdXJyZW50TW91c2VQb3NpdGlvbiI6ZmFsc2V9fQ–

Folks who got in when I recommended the stock at under two bucks a share had the chance to see as high as 83-fold gains. Recc’d AMD on 7/10/15 at 1.96

This could be like uncovering Intel in the 1980s as they were debuting the silicon microchip that would make personal computers ubiquitous in homes across America! Before it soared over 90X. 42 cents in 1981 (1981 was as far back as I could find) to $49 today.

https://www.google.com/finance/quote/INTC:NASDAQ

Or if you put just $5,000 into my recommendation of Blink, You could have seen $138,000 in just over a year! Recc’d on 11/20/19 at $1.73

investorplace.com/2019/11/5-stocks-under-5-could-soar/

https://finance.yahoo.com/quote/BLNK/history?period1=1574208000&period2=1574380800&interval=1d&filter=history&frequency
=1d&includeAdjustedClose=true

Went to 49.50 on 12/24/20 = 27x

https://finance.yahoo.com/quote/BLNK/history?period1=1608422400&period2=1609545600&interval=1d&filter=history&frequency
=1d&includeAdjustedClose=true

And this digital textbook platform before it went up as high as 23X… Rec on 5/4/2016 at $4.34, 2/11/21 – close $106 = +2,342%

https://seekingalpha.com/article/3971146-chegg-buy-this-high-growth-story

TESTIMONIALS :

When I think about the insights that Luke gives me…

This guy is on top of everything – A.I., semiconductors, software, EVs, the network effect, storage, scalability. Every dimension you can think that’s on the leading edge of technology, he is totally on top of it.

So many of us wish that we had had the foresight 20, 30 years ago to invest in Apple…

I’m not gifted enough to have been able to have figured out all of that, but I’ll be damned if I’m going to be left out in the next tidal wave, which is A.I.

I want to be on the forefront of it. And Luke Lango totally keeps me there.

Luke comes across as this humble guy and he calls himself an analyst. And I think, “Excuse me, you are a lot more than an analyst. You are a god to me, you’re not just an analyst.”

I hang on his every word.

Mike Lorelli