Earnings Season - Top Strikers Gonna Strike w/@ExaggeraShan (COVID-19 Series)

Episode Date: April 15, 2020

This week @RTRowe and @HDanhai talk stocks, plays, COVID effects and have a chat with the Top Striker herself @ExaggeraShan. They start off with a sermon ⛪️ and quickly get that out of the way as Shanice details her start, her plays and ends with things she's excited about. Remember the TransJamaican Highway IPO ($TJH.ja)? This entire convo happened BEFORE it listed. Listen to the predictions and reasons being given. Listen especially to @ExaggeraShan show what makes her a #TopStriker as she pretty much predicts the exact early trading behaviour. Come for the gems💎, Leave a #TopStriker 🥅. Enjoy!Contact Us Here 💻 [e-mail] us on Twitter here 👇🏾www.twitter.com/Earnings_Seasonwww.twitter.com/RTRowewww.twitter.com/HDanhai🔗Links🔗 The Michael Burry Story - https://bit.ly/34HP7tCScotiabank Pays Highest Dividend in History- https://bit.ly/2wJLrem $TJH.ja Day 1 Article 1 - https://bit.ly/2UpBEmZArticle 2 - https://bit.ly/2wDKbt6Article 3 - https://bit.ly/3dya2Dy $TJH.ja Trading History - https://bit.ly/2xoz1J0 The EveryMickle Calendar - https://bit.ly/2KdAUvb GRWR Workshop- https://bit.ly/3ewopsGEx-Dividend Date vs Record Date - https://bit.ly/3aePwVx🗣Shoutouts 🗣 Top striker @ExaggeraShan, keep striking 🎯 , Reigning #FinanceTwitterJA FIFA King @iveyviews 🎮, #TopMom @andalltay2, The Badman from Bala @BrandoAttacks and last, but not least, the CyaapitGad himself @DrNigelClarkeJa ★ Support this podcast ★

welcome to earning season guys i'm randy at rt euro and i'm donald at hni and this is earning season the weekly show on finance and everything else that strikes our interest money wise investing wise and this is another one in our in our covid series or corona series um corona series right thank you cardi b for providing that wonderful that wonderful um vocal vocal clip for us via her Instagram. I've forgotten the guy's name, but the remix of it. But yeah, everybody locked on. Everybody home.

We're recording this now the week of the 23rd. It's actually the 23rd, so you guys are hearing at least this piece recorded on the 23rd. Are we talking more Corona or COVID- covid 19 and the situation as it hits the local market so last week you'd have heard us talk a little bit about i'm saying last week but this might not come out right now so let me not say last week you would have heard an episode where we spoke about uh just small plays i think i mentioned something about pulse during that time

and earlier i was talking again about about it I think the point I'd wanted to say last week and as Mitra said no is that the market is not dead believe it or not I know it sound crazy cause everybody saying you know the market down the market is down but you don't buy the market as then I say you're not a fund you're you you know you want to buy so this you know it's big overarching goal where I have to buy everything you're you are your index you get up and say I want this in there this is going to go down and guess what I'm not buying you choose you truly by people to run this city yourself have stuff gone since so

what are you really saying when you say answer the call sorry the phone i hear i think to answer the call oh no that's not your phone oh wow all right um so what i wanted to talk about was something else in this in this episode a short thing on well two things because then i shared that video with me but the point i was making earlier was that while the market is down and it is on down, there's no denying it, lots of wonderful huge stocks out there for much, much cheaper than they were before. But while the market is down, there are still opportunities out there because every single day there are stocks that go up.

Every single day. And some stocks have not fallen as heavily, and other stocks have fallen and risen back to other percentages. Not as huge as they fell fell but there's a rise there 20 is 20 right yep 20 is exactly why i look at it 10 is 10 30 is 30 percent um if you can find it and if you see there go ahead and get it only in Jamaica are you vilified if you invest towards getting a set percentage within a set and a usual short amount of time everywhere else in the world is

considered great a good investor Some of you got lost on the way, you know? Right. It's funny. I complain about this too and I keep doing this. I keep getting myself in the same territory. I complain about this for a while. Complain the same way, man. Because I try not to be the only one complaining. No, the thing is, complaints become points.

I, for one, hate sitting and hating myself myself so i hate any other so it's a sit down and all these complain about something if you care change and it was a point of complaining really there's a there becomes a point where venting becomes pointless right so yes yeah you can't be blind complaining you are everywhere to talk about benchmarks so you want to beat this exam that is is setting a return so you feel it's a minimum it's a return amount because you're okay getting the benchmark but guess what you want to beat the benchmark so that's you saying 0.01 percent more than the benchmarks you want to be a benchmark right

so that is you setting a goal as defined investment in a different return figure that you want to make in x period of time that's so i'm not sure where we got to the point where it's a bad thing to say boy i want 30 percent in this year in this year and see if it's actually doable and work though it's not doable then rework it but first of all at the start of how much you want to make that's if you get up and say boy that's not possible then that you're saying to yourself you're saying to everybody that you you do not have an understanding of the market to the point where you can actually set a return in the future when you don't understand enough whatever you're investing in to that to that level yes things can happen but generally we understand that things behave

a certain way over whatever period of time whatever so if you can understand the behavior of certain things then the likelihood of that event happening is it's a higher likelihood right so to say otherwise you're not saying much yeah and the thing is we actually this math across yeah and the thing is we have a this much across investing doesn't do the math of it and all that we have said I said other math that works in that same way oh I said that one the Herman complain about how risk is measured volatility that's that's you saying the behavior of the party here is you sure right right so certain things you know you're adding up if you think about it in certain ways so when you said this telling you a 30% you're adding up if you think about that in certain ways so when

you say this is not like you're at 30 percent by the year end if you do whatever you have whatever reason for for that to happen and it's so it's sound and it generally happens like that for most of the times then i'm not seeing where you're failing if said boy if profit more 30 percent at this at xpe then you can't say boy then this man moved 30 percent you know so if i say things like that then i wonder what is the understanding about things in the market but that's how you go again there's no point to be complaining over and over about one thing and you are 100 correct that's the thing that i had to and i still have to remind myself about's the thing that I had to and I still have to remind myself about all the time

that yo after a certain point it's like I'm arguing about whether or not the sun is shining exactly exactly and I do know that I am silly in that I really do come on I know it's dumb but I really do like I go into these

conversations with the understanding that if I am wrong or if somebody says something and I realize that wow I was wrong oh yeah I am always going to change my view. Yeah. Yeah I'm changing the face of all these things always friend. There's nothing ever wrong with that. Well, you know, we're thing I wouldn't say that I make that thing Because my I know that is true elsewhere, I was using my gem a can experience if I say that that but We have a thing where somebody can't change your opinion on the new information you give them so the argument is not it's not an argument of boy I'm actually right it's not whether or not the information that's being

given is right or wrong and then we can make a new stance based on that it's you're actually arguing to be right or wrong so why he did say this can change him opinion and it's not an issue and both parties to what the Friday we knew oh thank for winning party we get upon him in big to the next time because boy I was right the whole time and the losing party makes because boy I know I was wrong and what there's no there's no there's no admittance like all around they're not moving on from there so the fact that i think you're the same i am like that's where i want to you know if i get new information in my opinion then changes and i

will go for us and support the gospel of your whatever you were saying to me you know i was wrong about right so yeah but that's the point you have to there's no point in arguing that's right yeah because you want to know if you get it wrong because then yo then i can fix it yeah you don't get it then i can i can say my ipo the same here it complains about the ipo poppers and whatever whatever and you always said one of the worst things that happened to you is you do well on an ipo for all the wrong reasons because then the next ipa going into your thing you have all the wrong reasons going into it thinking it's going to behave the same way and you just go work like that i don't think for ipos

yes and the second you can say yo i was wrong about this i move is the second you can change i think maybe that's why like i always saw it that way but i didn't learn it from a book or from um i did learn from reading a lot of books but i didn't realize yeah but it's not real life for everybody and it's me having to accept that it's not real life for everybody. And it's me having to accept that it's not real life for everybody. And other people see this thing differently. And they're offended if you even try to speak about it differently. So while that don't make sense to me, it does make sense to other people. So you have to make room for that.

But I'll get off that and I'll touch it more on things that i know everybody wants to talk about so for example you mentioned ipos a while ago um i'll bring it right back to the market well we're talking to you the night before oh yes trans jamaica ipo lists big big big big thing happening right the biggest listing that jamaica has ever seen yeah uh i'm thinking about our timing on this because well you know what day one predictions we have for you day one because no matter what people are going to hear this before oh yeah yeah i was thinking i don't want to give a prediction and i don't want to talk about anything until the next week but that's fine okay um they want to expect to prediction, I don't want to talk about anything until the next week, but that's fine, I don't care anymore. They want to expect tech to move up, but not heavily, because we see the amount of selling pressure that's happening in America right now.

And the thing is, if everybody else, people were, a lot of people sold stocks so they can go into Transgen from last year. We hear people now, they made money on something some of your students people that would interact with from this investing journey after them were saving up to going to transfer so they made money on stuff and they say i'm not going to reinvest this 30 percent of what i just got i would have to catch 30 percent up from what i invested in i'm not going to invest it because i'm waiting on transfer man transfer you know the goalposts get moving when you wear this and what they stood and they held the money we know a lot of people that were selling stocks to actually buy into transgen the pressure on the market started coming around it around the part where transfer unknown so the the process is out and then boy the market is also going to

start falling because people selling to go into it and i i don't if i got you by the amount of money that was put forward the transfer or 25 million dollars they got bill yeah yeah so to me that that's five point five yeah so to me that's a heavy larger amount of money and to me that's a heavy justification to all cases i'm sorry i don't want to get that wrong it's so funny how we care about things like that sorry i didn't want to get that wrong i don't remember 25.5 or 25.1 25 point something i think i think but check this imagine that imagine that i'm worried about the difference between 0.5 or 0.1 granted

that billion billion 0.5 or billion point one of a billion yeah it's huge right but still it's 25 point something billion that came to them sorry than i to cut your point but yeah you're saying okay so to me that the amount of money they got is a justification for my idea that boy so what a good amount of money was leaving the market to go into transfer cool so when we tangent that country really say that's fine no i don't know what i was trying to the point i was making oh i think oh that's i don't want to play it back i don't know if you can play but i think your point though was around the amount of money the money that went into the market for the right people from last year have been oh yes yes i'm going i'm going to hold it trying to make all the hate so yeah so and then you hold so that happened here i want to put the i want to close all these things this singer is

still falling um the closure happened and things still fine because covid panic. I don't think covid was a real factor in America's mind at that point. It was a panic to see what's happening in the world markets and what's happening across the world. Everything falling because of covid. And people started putting people, I found people that were saying the Trans Jam fall out in the market was because of covid. So they never had any idea of what COVID was doing around transgen time. But they believe in COVID for transgen's fall.

Exactly. I never understood that one. So you never know anything about COVID, but you're sold and you heard COVID because guess what? Market fell and people talking about COVID, so it must be COVID. Cool. So with that atmosphere in the market, right?

Why? Other people that went into I'm listening to you say more. Yeah man, so other people that went into Transgem, they probably have the same selling mentality to sell it because of their behavior or whatever. They have something reasons around COVID or whatever, so they probably want to sell it because of their behavior or whatever they have something reasons i don't call me whatever so they probably want to sell obviously the first incident to sell at a loss cool so you probably put up something sell a lot of premium we want to sell and make some money on it um but the idea is that the buying pressure on them from the market might not be that heavy

the guys that want to get in are probably thinking maybe it for maybe it for I mean I can get the cheap you know so I think the selling pressure will be heaviest or um overall but early prediction I expect that some people buying in and premium so like you buying a break up right 15% of 20% up maybe 30% up if something lucky then boy then it get heavy but I not really seen like a boy double I not seen that and I see where event I really and very I see I can see where that's big so you ready no no I just agreeing with you keep going yeah man i'm hearing you man oh yeah yeah so i'm not seeing where a heavy amount of

brand pressure especially if you can get so much other things at a discount that you were so happy with to get transgender ideal price or more versus why people been watching jm and b people watching ncb if you're really coming to the market and I'm not sure that transgender must be your first choice maybe get a preference because it's a new hot thing inside people but I'm not seeing right the whole market that direction the refund money came back people got a refund so it's all that will be going back into the market but the thing is they don't have to choose transfer only it's not like regular market condition where boy everything up and the best deal you can get is this thing near ipo price

right now everything down so the best you can get is almost anything so everything almost anything yo I took the shot literally so yeah yo anyways no man I just agree with you yeah almost everything is so good now that it's almost a struggle to find a bad pick

but here's one thing I'll say based on what you just said that I don't know about because here's one thing I saying though based on what you just said that I don't know about because here's my point of contention right so yes the the listing happened and yes you know a whole heap and let me just cover listening cuz I don't think we're ever really officially said it on here what happened was that I think everybody that's not in the public class got a hundred percent of their allocations is that correct they have

that correct maybe I was it everybody except the pensions and public yeah pensions got the public didn't get the patients are all they wanted in the pool but they put their pools were upsized. But did they still get everything that they wanted? Yeah, because they were filled from the... I think the wording was that yeah man, check the wording. Actually check the wording. Yeah, it's very important right? Because we know how that goes. And for the people listening, I want to say how it goes. The pensions have the most money in Jamaica in terms of... Let me say that again.

Let me be a bit more accurate. In terms of buying power movement, the pensions have a crap load of money. They have so much money that there are actually restrictions on what they can buy and how much of anything that they can buy. One, to protect people's money safely. And two, because, I mean, for example,

if all the parents of a girl decided to buy a US... Yes. Yes, they do. They do actual diversification. They do actual diversification. They do the actual diversification. And they have the diversification net, so I can't buy too much into this company.

They buy NTV stock, they can only buy, only a certain person to NTV. So they buy NTV stock, then they can't go buy more bonds because they buy too much in NTVs and it's a diverse brand heavily. A pension portfolio.

Exactly. Exactly. And it is because they are specifically trying to remove almost all the risk because their timeline is generally yes i mean a pension timeline is generally yeah 40 50 years right average let's say and this is me guessing here but let's say average starting work ages let's say 25 somebody starts working at this company at 25 and they're gonna work there until they're 65. so they have a good 40 years that the pension doesn't have to necessarily um pay out that's for that one person or the reality of a pension is that they have a they have cash considerations

that they have to do every year, all the time. People, even though the pension might start today, somebody might retire next week. And then qualify because they're in the pension. And the pension also isn't just there to save the money. In fact, pensions are not there to save money. Pensions are there to make money. But they're there to make money in a very safe way yeah so if you think about the people who hear me go on and on about goals if you hear me talk about

goals the pension a pension fund could say that its goal is to make you get money yeah get rid of inflation to the point where so you would at the point when you get the money back you wouldn't have taken on the risk of inflation won't have affected the money so you won't have lost money from inflation you're getting about the same pay you were getting when you were contributing initially so that's the thought behind it from here yeah if you go deep into it in a realistic way you can see that it's they're there to make money over a long period of time let us say 40 20 to 40 years with minimal risk in order to keep the fund active and liquid enough to do any payouts and

handle any fees along the way while maintaining the part not as a value of the contributions but also growing it so they have to beat inflation every year plus paid a pension money yes brother yeah and that's why we see pensions are able to buy something crappy now at a crappy price because it's okay, we can wait 15 years in which time this buy is no longer a crappy buy, which is why

pensions can do what other people can't. No, tying it all back together. Why did we mention pensions in the first place? If the pensions didn't get as many stocks as they would like to get or need to get or want to get then they have to buy it on the open market which is after at least which means that there's going to be heavy demand from people who have money in this case the pensions uh so it's very

important for us to know i remember i was remembering where i started all of this so it's very important for us to know what it is that the pensions got. Because in the event that all the pensions are like, oh, well, you know, we got everything we wanted. Then that cuts demand immediately. Not that there isn't still demand. The big money people don't have the heavy demand. And I've always been saying, look to WICTA. WICTA.

So I'm looking at it now and it says all applicants in this pool will receive full allotment based on transfers to the registered pension funds and ETA reserve pools. So yeah, all the pensions that apply to the IPO are fully allotted. But the wording might be... The wording might be... So anything they apply for, they got it in hoping for but my consolation is

so my consolation is that they may not necessarily have applied with all they were hoping to get in the IPO so the pool might not have been exhaustive for why this is all the money all the pensions are willing to give to Transjam so there might be an average down so it's a discount on whatever the market price is because generally pensions would apply to an ipo

and not get everything because of a special pool here for themselves that's a guaranteed discount that they might get there's a pool for themselves in order to work out i'm getting a better element than if i was fighting for the shares in with the general public right right? So that thought, I agree. So they might not have applied for all they could have. Or maybe they might have applied for and say, all right, at this level, an average when I buy on the market at a higher price than our out of a certain amount, a certain price, then I can average it down. And when I average on what I want to buy on the open market.

So he's going to give me a better average price when I actually buy on the open market with whatever I have for me so they might have reminded that I've seen pension funds where they don't actually apply with all they want or the market on the market they does apply it a certain I'm knowing that on the market employee because I know so I can't get everything I want in that yeah so that might that might maybe consolation um Stuart South a guy from investing group um he he mentioned Stuart South I met him bought the place and then of course I gather he's done that i also saw him yeah big up still yeah so he mentioned he gave a good point that um so pensions are generally split up it's pulled funds and

actual pension the pension from pension fund so all funds were restrictions on their buying so generally so sometimes people are pension so pension managers, they have a pooled fund for sort of equity fund. So that equity, this fund buys own equity, this fund buys own bonds and whatever. And then when you go for a pension product, then the pension product, your pension portfolio would actually buy, would own, it would just buy pieces of a pooled fund that they have already.

The pooled funds will have restrictions on what they're buying given hmm said it again so i don't repeat that so say who put examples and they have pulled phones so they have an equity pulled phone uh bond hold phone and whatever whatever pulled phone for different asset classes. And then when you actually buying those pension products from them, so you go to them for a pension plan. And the pension plan, the nature of it is that you choose allotments. So you want 15% of the equity fund, 10% in the bond fund. So every time you donate money, you'll be buying a piece of that fund instead of...

So they buy it, they get it. fund so every time you donate money you'll be buying a piece of that fund instead of so they buy it together so then your performance of your pension plan will be based on the performance of those funds and those funds will have any restriction on how much of whatever asset class they can buy generally sort of equity pooled fund would just be buying equity heavily and they and the pooled funds do not specify as registered pension so they will not fall in this class because the phone itself is okay there we go so you can buy anything there we go so right so my yeah I understand that no so you're so you're getting that country mmm say of a company your employee is a pension plan from your company but is

money to buy one of those pension for money goes right then your company has a restriction so you have a restriction on the money generally if it's a traditional pension they are restricted to a specific percentage so but very often the pension product is sold to companies or the individuals it is based on the pooled fund approach and the pool the funds themselves will not the pension that you have with your pension that buys into the different pooled funds wouldn't be actually buying the actual ipo but the pooled funds can go and go buy into the ipo and the pool funds are not registered pensions as seen here so they would not they would be applying in the general public okay I would think and so you and so you are hoping you are hoping that some of

these funds that pooled funds have not yet gotten what it is that they want and so they might be providing a lot of... Okay. And I'm with you. So the reason why I interrupted earlier is because... Well, not interrupting, but what raised my eyebrows when you said that was the second... Which is just what we know.

They have restrictions from the government. So you don't want to register as a pension. There's a limit on how many of a certain thing you can buy. And of course, even below the and of course even below the government restrictions even below the government restrictions you have um boj restrictions in order to protect the um in order to protect the the us dollar to jamaican dollar exchange rate if the pensions want they can't have the fSC FSC regulates pensions so you don't accept all the law regulating it and then FSC as a regulatory body would put

in a heavy restriction on what exactly they can so it's not illegal it's just nice ready like wait they can be fine or whatever for going above a certain thing they going going beyond the the mandate of the pension our money is that they can't actually go into whatever so stuff like that so the law might be different from regulation but you've seen something with regulation what well the reg well the law is different from the relation because the law actually allows them a lot more leeway than they actually get because of the regulation yeah but the law itself gives power to the regulatory body so it tells the FSC act will tell you say boy I guess FSC is here and if you copy on whatever fsc is telling you you're actually in illegal zone so you know you don't know that i get sometimes yeah and then i know

in finance finances are industry afraid of really people yeah so you will always have people yeah risk risk risk risk avoid avoid avoid until nobody pushes the envelope and then occasionally have one or two people come along and then push the envelope yeah so you know you know what it is say you the the person who finds the i won't i don't want to say loophole but it finds the area in the law where it allows what the person to make money in a certain way right because the law doesn't um regulate a certain thing that's certain you realize where there's opportunity in the fact that that specific thing is really regulated like that so you work you work with the plan to best make money to be um

profit from that and then so why you're another guy that profited from that thing and then everybody started it because it makes sense more money more sense right yeah i i think so and that's why you you see all kind of interesting things in fact that might have been why that um canadian mortgage company chose the list in jamaica because yeah equity line because then jamaican pensions would be able to buy a lot more of it and participate in that IPO a lot more than they could if they were just buying the Canadian shares because that would be over yeah so yeah they're all benefits there are things like that yeah and i remember i having a conversation actually in 2015 with somebody and they were saying to me that um there are two things i don't i there are two things that they're saying i just the point is

that things were being created with because of those specific regulations restrictions that the pensions were under and it will surprise them yes but then the pool for approach will not work if the rule is amended or if the rule says underlying security you get me just because Danai has

put together 30 of these equity things it doesn't mean that I can buy into Danai heavier than I could those things because the regulations might say, hey, the underlying asset of Danai's company is really just equities to a certain level. You are still restricted from holding the amount. Yeah. are still restricted from holding them on yeah and that's important to know right because yeah and the law sometimes has to in fact the law yes with the um yeah with the with the mortgage crisis in the u.s oh yes exactly what happened they found somebody from one layer below exactly they didn't go one layer below to see what was behind the actual asset what the derivative was a derivative exactly

yes and that's why sir michael burry made a lot of money because all he did made a lot of money because all he did was go one layer below to see hey what is this thing a derivative of and what's actually happening with those skills that man is earning my respect you know that i more and more and more and more yeah get it out in time when it's in so to tell people yeah michael burry who michael burry is um the simplest verse i can tell anybody get it out in time so to tell people who Michael yeah Michael Burry who Michael Burry is the simplest version I can tell anybody listening is if you watch the big short he's the guy

the big short movie he's the guy that the big short is about and it's based on a true story and the true story is googleable just go and google it right now I hope that happened. Yes. He's the guy who essentially during, well, before that

crisis, he said, hey guys, I think something's Yes. But he uncovered it before everybody and he was saying, this is crazy. And so his response in saying that it was crazy, if I can summarize for everybody, was that he controlled a fund and it's his fund, so his response in the thing that was crazy, if I can summarize for everybody, was that he controlled a fund. And it's his fund, so people invest in his fund, but he controls it and he has ultimate control over his fund.

And he took his fund and he bet against the entire market. If you know anything about the U.S. market, there are certain things you don't bet against. the US market, there are certain things you don't bet against. You do not bet that the US financial system is going to go through a crisis. That is a sure way of getting it. It's something that everybody knows they don't work. When he did it, a lot of his fund people, and I understand the people in his funds are rich people, really rich people, wealthy people. People who can say, alright, I'm going to give you a billion here, a billion there. And of course, those people are like,

hey, you're being crazy. What are you doing? This don't make sense. And he said, no, it makes sense to me. And they're like, no, this is crazy. And it went as far as they're like, okay, we're going to pull our money. And he, because it's his fund and the rules of the fund allow him to, said, no, I'm not allowing you to pull your money i have my i have i have made a bet he did a short against that that's the thing he did a big short against the market and um it's a risky thing if you get it wrong and he did it and he held it right through they actually sued him you know the lawsuits are crazy people send death threats blah blah blah and in the middle of all of that boom the derivative the derivatives fellow the

market fellow the financial crisis of 2007 happened a front a person see me yeah uncoupled billion how much you have it in front of you how much how much was what was his shark what was it what was his portfolio size before uh i don't have actually in front of me but people is billions of us yes billions of us dollars and he um it worked out for him as in because he made a short he bet that the market would be going down he bet that the market would be going down, he made a significant amount of money and he made it on the money for the people

who were saying to him that they were going to sue him. And the people were suing him. So in other words, I am in court suing you because I think you're doing something crazy. And the crazy thing that he was doing has actually made them very, very, very, very rich. It's hilarious hilarious what happened with the money he

made them in a time when everybody else lost money so he basically he secured their their future he secured their livelihood during that period everybody else's life so you couldn't get a house a rent you couldn't even buy a house but guess what this guy just gave you millions of dollars you're good so yeah host prices hot prices tanked and people couldn't buy houses it was that bad yeah yeah it was that bad and in in and to understand this because he was shorting the market it means that he made money on the fall of the market. That's the next thing I want people to understand in this COVID thing. So we're dropping COVID gems on you at the same time. We're in an advanced market with advanced market tools, such as shorting, which isn't really an advanced market tool.

Shorting is literally centuries old. It is centuries and centuries old. Oh, nice. Yeah, but yeah. Sharting does not exist in Jamaica officially. And Dana and I have been talking about wanting sharting. If you go back to some of our past episodes, we're talking about wanting sharting. And we have said, I love that I'm'm on record i have said if you truly believe that the jsc is going to correct in air quotes it's going to fall heavily in prices then you should be begging for shorting from a long time and i we were saying that when the market never drop yet if it had existed well people like you and me would be making crazy money um but it does not exist and as a result we're not making that money shorting is actually there

to help you in situations like this i said that because a lot of people see those headlines and they say oh my god the nasdaq is down record lows market down understand that in the us when the market is down there is a crapload of people that are very very short they have to be sure they think that the market every day yeah like people short for a four percent drop yes just because 50 percent in a year in the u.s is good so imagine oh no no no sir no sir no sir no sir five percent in a u.s. is a year in the US is good because your head of it your head of inflation plus more 10% is great 15% is really good um double digits is good and I want people to think about that because it's fun you know we have listening to this in jamaica we we speak up just because

of a spectacle because the u.s has a spectacle yes exactly everybody presentation exactly it turns on yeah exactly but but you need to understand the market context shout out to cafe god again nigel clark dr nigel clark um that because he mentioned when he was at stocks on the rocks one of the things that i agreed with him was that jamaica needs to define its own so what each of these things that are local but also international meaning like what does that 10% drop in America does not mean the same thing as a 10% drop in Jamaica. But we have not yet defined what a 10% drop means in Jamaica. When I say define it, I mean, we don't really know what's good and what's really bad, you know? I go back to that headline I saw the other day where it said Scotia pays its biggest dividend ever in history, in its history, you know?

And I smile at that because that's an example of a lack of financial literacy, you know? Because if you're really going off headlines like that, you could say NCB paid their biggest dividend ever. And you could say Carreras paid their biggest dividend ever. Because, like, NCB's's dividend noise a dollar every quarter um they've never had a dividend at that level before to my knowledge so it's their biggest ever right and and they're paying out a percentage of their record profit they've been making record profits for year after year after year um i don't know what to say i don't know what to say other than other than um you just have to understand that this is where we are in jamaica and it is for us to define it's an exciting time i'm sure a lot of people are going to define it people are defining Jamaica and it is for us to define. It's an exciting time. I'm sure a lot of people are going to define it. People are defining it.

And there's going to be a lot more coming out, I'm sure. I remember talking to Simon and company. I hear you saying Simon and company. I talked to Ivy, who's Simon Bridgerine. Big up Ivy Views on Twitter. Current FIFA master. Brother,

the man named my master play FIFA. Who tell me if we got... No excuses. I'm not making excuses because my brother never actually play fifa with more often than not then no better then teach me that no excuses but i gotta play the money in opportune time start off nice jeez your web i even go find him find the right the right settings at the right time meaning him whip me down to the ground brother the right settings at the right time meaning it whipped me down to the ground brother um i mean congrats to him so he's the best that fifa currently in finance twitter until i decide to take back the throne but big up him for that but he and i were having a conversation

and because he's an economist and he's at a stage where he's defining a lot of the basic in air quotes economic things that are basic in other markets but have not yet been defined here and we spoke about this also and we had kirk on who is also an economist um and has done some work a paper on on defining the movement of our market versus our our t-bill as a t-bill off versus government paper um so we got both of them for that but yeah this long-winded thing was just to say that in jamaica we need to start defining a lot of our things in our market and stop shouting down people in the market just got them to agree with us we need to look at what they're saying judge it based on the tenets of it and see where there's money there

because a lot of the things that you turn down say that again? and not because America means it that's why you go here exactly exactly when I talk to my friends in the US and my relatives in the US also who know about investing and so on

they always come with like the most advanced market things and I always feel so bad having to tell them. Um, you know, that's not quite how it works in Jamaica. Like, okay, you know, I can put what am I put options? I'm like, you can put your money in an account in Germany, you can go and buy stuff. We're still at the pure stage of it. a business if it's good it makes profit if people love it and buy it heavily the share price will go up if they hate it

they should or have any other reason the share price will go down but um but but outside sorry i just kicked in because that shice, Top Striker Shanice, who said she can join us. She said we might have to edit out everything that she's done. But no, we're not going to have to edit it out. Top Striker is joining us. She can tell us how it's been going. We're bringing it back to COVID. There we go.

COVID, or as I like to call it, the coronavirus, the big dog. Coronavirus! Oh, man, I'm really happy I did that. You know, there's somebody else I should big up I I don't remember her name but I want to with names than Marcy. Oh, I don't feel bad that you have her name here. But she, she know it.

She actually invites, she's one of the reasons why I went to Woolmans and spoke because she invited me to go and talk to the fifth form group just about investing

and getting them into it. Um, thank you to her for that opportunity. I don't think that the kids actually had a great enough time because they couldn't hear me much and perform who gives a damn and it was too big a group um however i like that she's passionate about investing she actually works for jim and b so big up her big big up her completely i really feel bad and dalty that is her name on twitter big up and dal k uh and i'll remember it properly and i'll bigger up completely but she's trying she's into it and she's getting her son into it um like slowly but surely and so instead because

if i'm hearing right now big up the tone i hope're in the car listening to this. Big up both of you. And it's because I've heard a joke about her saying the coronavirus with the Cardi B voice. Why I said, you know, let me do the same thing.

So thank her for that for influencing the podcast and influencing her son. And I know I have a prize to come give. I have not forgotten even though we're in this time of corona.

But I do remember that we have, I do have a prize to give the winning class from um from from woolmars you know i want to say something funny than i um only one class to get serious but you know they're young they started out so you know they trade back and forth they never really make much money another class heard that i've given a prize i'm giving them a little bit of money for whoever won i I think it's 50 grand.

But they say it's going to be... They're not really interested. They're not really interested. So here's what they'll do. Buy something one time. It go up. Sell it. And then just leave the money. Leave the money.

That's what they'll do, Sean. You don't say they're going to beat everybody. Oh, God. They'll never pay attention to the competition. They'll never do nothing. You know, so they end up beating everybody. Oh God. They never pay attention to the competition, they never do nothing but they... So you're over-emotion? They innovate everybody. That's funny. Wow. Hit that boom.

So they sell and then they don't care about it. When the time comes, when the time was up, they ended up winning. Because even though they never do nothing, they never do nothing they never research and never pay attention at the end of the day them have the most money and I can't afford them for that yes it is hilarious they never learn it and so you know you feel bad like that you want to give the class that did the work that put together all the the research that went and traded a couple of times but you also can't change the rules after you start right so the goalposts when you start is when you you can't move the goalposts so you know that me know somebody mostly me have to go find two prizes to go give one the rightful winning team who

won based on the rules and give the second team who, the hardest workers I should say, who maybe learned the most. And I think that's unfair. Yeah, that's the thought. I'm happy that they're interested. I'm happy every time I can get a young crop of young people interested in investing from now. Because as you know, and I know, it changes your entire life, no matter what you want to do. You don't have to become an investor. You don't have to stick to this. But it helps you in every single realm. It's very far-reaching.

Yes. But I don't even know how far we got from this tangent so you think that trans jamaica is going to rise a little bit but may not really stay up there oh we'll go far with him from or expectation about transformation i know what we went really far from it yeah by bringing it back with this conversation with this podcast yeah we do go on our tangents all over it's a good thing you always despite it right so yeah in fact you can't go being that one this one's almost despite the tangents they're like the tangents actually so it's fine yeah i hear people tell us that the um

so it's fine yeah i hear people tell us that the um the the tangents are the best part and i think they understand that um that the tangent really is a conversation that's where a lot of the value is but that's not to say that we shouldn't stay on message so you think that it's not necessarily going to look great um i am still up in the air uh let me be real Let me pick a side. Let me jump off the fence. Yeah. That's a fine answer, to be honest. I know we don't like to do it.

Not to say I don't know. I understand the need for you to pick a side. But I don't know. It's actually a pretty valid answer to everything saying you don't know the point of all gathering from this i need to look at it more you know there's some information i haven't put in my mind that i probably just need to observe whatever is going to happen because too much variables in the air but i understand where you're coming from where you want to actually give you this another okay i will pick a side you know to be honest i said i don't know yeah and the truth is i think might

just happen most things will happen but to be honest i don't really know what's going to happen Exactly. For me, it's twofold. I don't have a problem, as you know, I don't have an issue at all saying that I don't know. Because the truth is, we know we don't know, we never know. It is all a guess, right? It's an educated guess. We try to get it as educated as possible, but it is I guess at the end of the day having said all of that however I have been hard on the industry because I want them to take positions I want them to guess I wanted to guess and guess openly and then speak about that open guess and then go on to measure against that guess. And I don't think people understand how much of the industry doesn't do that. But this is not an industry beating up episode, right?

This is a coronavirus episode in the same coronavirus series thank you cardi um so so in in light of that um i i should bring in i know i said in a while i got by dropping it completely because we do have a top striker here with us, Shanice. Welcome, Shanice. Shanice, hold on. So, where were we? Hi, guys. Sorry, you'd have heard a nice little break there just now. We have joining us the one and only top striker who you've heard us talk about all the time on the show, Shanice.

The person who beat both of us last year in terms of investing. What was your return last year, Shanice? It was 276%. 276. And when did you start investing? I started investing probably a little after the 9th, like around 2017, probably the end of 2017 is when I started.

Wow. So you're just that. No, no, no, just us. But you are, of course, in a finance-related field. I am not at all. You're not? I studied the sciences and I work in the science field.

Wow. So, yeah, no. This is all new to me. well two years in is it still new to you because you're beating danny you're beating me and i happen to know that it's not accidental you beat us yeah that's the beautiful part it's not like you did just lucky and pick something no yeah had to be several lucky picks yeah yeah oh wow i am so happy to hear that because I know you know the struggle now of how hard it is

to be lucky, especially consistently lucky, it takes a whole year to work yeah big up Dre attacking Dre, I don't know what Dre's name on Twitter is Brando Attacks the bad man from Balaclava.

But he said, Ibarra said to me, say, you have a good for lucky. And he's 100% right. Shanice, you know the amount of work that goes into it now, being lucky. However, what we're talking about on this episode is, other than cussing about stuff that we

shouldn't waste our time cussing about, we're also talking about gains and gains during a time of COVID, you know, the coronavirus. Ooh. Coronavirus! Big up Kylie. Big up Kylie all the time. Yeah, so, Sean, well, then I was saying that, you know,

you did something that he and I have done over the years and we're still doing. Well, we should still do, but admittedlyly well at least i drop off a farm to be busy and being lazy and i think then i said also not lazy but then i said busy work taking brewery but you've been doing some of those aggressive plays the ones that we don't usually talk about yeah i've been doing a lot of those aggressive plays especially with how the market is set up right now. That's really the only way that you're going to be making money with the way things are right now. Because everything is basically at a discount.

Almost everything. What is not a discount you say that and guys if you hear the sound off it's because again we're all being compliant we're remaining socially distant is that the right term am i social distancing social distancing social distancing is different from being socially distant, you know. Social distancing is a directive from the government. And social distancing is what your girlfriend complained about. Wow. Wow.

Wow. Drag me like that. Not my girlfriend. Your girlfriend said it. When I say drag me like that, drag me like that Not my girlfriend Her girlfriend's here When I say drag me like that Watch me edit all of this Anyway So

Shani, since you're making aggressive games The only thing you can see yourself making right now Based on how the market is But it's funny You're not complaining about the market I thought you'd be complaining that everything is down. I'm not complaining at all. I'm properly enjoying

the way the market is right now. Wow. You're not complaining about the market, right? I'm complaining about the market for real. Exactly. Oh my God, I'm making all this money. So at the start of the call, you would have heard this. So at the start of the call, you would have heard this. So at the start of the call, I was talking to Danae about how weird it is that we who actually make money in the market,

we don't actually like talking about it. And so you talk to Danae, you know some of the things that Danae does in terms of making games. And you know, you often listen to the show, so you know we don't say it on the show. Yeah. So on the show, we tend to be very straightforward, but we tend to not touch certain things because we don't want anybody to feel alienated, right? I get that.

Yeah, Danai, I will tell you that it's not the last recording it's the recording before the last one I legit said to him hold on the market down? because I never really know right?

and that's crazy how can you not know that the market is down? because again I'm quoting Danai from this show we don't buy the market we buy specific stocks true Because, again, I'm quoting Danai from this show, we don't buy the market. We buy specific stocks.

True. So the market went down. I mean, I knew that the market was down after all, because people talk about things here and then the headlines go out. But I'd never really know at first, because unless something that I am holding go down, we never really see it. You get me? Yeah. Then we went into talking about how the market got to where it is.

Then I made an excellent point, which I think we're going to come back to in another episode, which is where we're talking about what people look at, what they actually look at and what's actually happening in the market. I said to Danae,

when we were trying to get you on the call, I said to Danae that one of the things that I expect to happen in the future is that a lot of people are going to talk about how the coronavirus caused the market to dip. And the nuance of understanding that the market dipped long before coronavirus. It did. The market dipped, in my opinion, as a result of transfer makers. Yeah. The second people had an actual go date,

people started to pull money very quickly from everything else in order to go into that. Yeah, and you saw it. Like, you saw it immediately. Yes. Literally immediately. The day after. And you see from the big things,

the one that you can always use to test the temperature of the market is NCB. I use NCB. I use NCB and I also use JMMB. Yes, JMMB is a good second. I actually have been using JMMB heavily. Funny enough, I also think JMMB is going to lead

the resurgence because they're going to be an undeniable thing. I'm definitely with you there. Yeah, see, the top striker agree, you know. The top striker agree. I do just think JNMB is just going to be a great win for everybody involved. And if people have been paying attention, yeah, about, I could have it wrong,

but I think about $30 million worth of JNMB has been crossing the market over the last few days from insiders. When I say insiders, I mean people who have to report their trades. If you notice, the people on the board or the connected parties have been buying up JM&B shares heavily over the last few days. Almost every day you see one. I think today there was 314 000 shares or 312 000 shares that crossed the market what's the what jm and b close the day out today 35 90. below apo price below the right so speaking about below the apo price

below the APO right speaking of below the APO price those people who bought access ouch ouch ouch you know I have people who ask me about buying access

and I say to them I mean you know like your friends ask you how you feel the usual thing with them trying to hear all that, go and say without asking me directly and pretending that they're not going to listen to it and try and follow it. Big up them. But I said to them, say, oh, I'm not buying because I'm not necessarily

enthused by it. And I think that where it is right now is at the time it was overvalued. And the prospects for the company, the growth prospects are good, but not like astronomical. And that was when it was at 30 or 40 odd, I think. I can't touch 40, but it was being sold for 30 odd. Now it closed the day at what?

Is it at $20 now? Do you guys know? It's at $18.26. Wow. Wow, wow, wow. I know one guy who two things I said to him, I never listened. It's under proven.

Proven I had a more nuanced take on at the time. And I still stick to well proven proven i expect big things from now but access at the time i'd said boy i don't know about it and say my trust in team i do it i talk to him advisor a couple advisor friends i'm up to say my talk to them and then i'm going and i i think he went in i think he went in heavy too and he went in from the this sale so he went in from the proven sale um thoughts and prayers thoughts and prayers go to him yeah yeah i'm sorry for that yeah but you know what i find in in this time i'm finding things it's hard for things to be overvalued anymore like Like if you look at the PEs of all of these companies,

like everything that level out are below them, are below regular market value. Only a couple things holding on the high. Like ISP that carry the trade more than so-and-so. It always fall heavily. Yeah, ISP has the protection of being closely held. That's crazy to me though virgin pe you're looking at memory sheet 8748p and it's like 96 price that's close to the buyout price

and the pe is so high says burger but it's actually disappointing where they are right now where they're coming from. Well, you don't expect an earning surprise from them? No, just remember during the buyout period what was happening in the company. The trajectory they have at the time, but post on the post-buyout switch up. The numbers started looking very depressed. The earnings aren't that have been great. Yeah. Well, they might have an earning surprise. According to the same Mayberry

sheet, there seems to be an expectation of them coming in with heavy earnings over the next few reported quarters, maybe the next one or the one after that um and i could see some of that there's something in virgin that i should remember from my personal views whereas remember like when this pass the effect is going to be blah blah blah i don't remember what it was i think i do expect them to have better profits now but again not better profits to justify where they are. I don't know if they'll be good enough to justify their price, you know? Kind of like how Danae, you know, as scrambling, trying to find a way to justify Fontana being worth $8 or more. More than

$8. And with Fontana, then, they know that's another one my god 399. the blessing season season hallelujah oh my god oh my god first rich though first rich below ipo price i saw tweets saying that today jeez 244 what did the ipo add uh I know GUS has 250. I think FastWitch has 250. GUS has 250, so I think this is two. It was two, yeah. FastWitch was two.

And it traded below IPO, Bryce. And it traded below it. I mean, that's somebody today decided to sell below IPO. Somebody just won. Get out. Get out. Watch me now bring full circle to a conversation That you again weren't here for

But I want to wrap that one Which was Danai The question I asked Danai was We know that it lists Tomorrow on the market And I was asking Danai what he thinks The initial reaction is going to be

He was saying that he doesn't think it will do anything crazy. It might spike and then come out. I had almost started to give my take on that and then we got distracted and then we brought you in. But I'll say my take on it and I'll ask you yours, Shanice. I just expect it to, it's kind of the same. I hate saying the same thing that Danai is always saying. It's kind of the same. I don't't that there's a point in there that then I had made where he had said that he you know the refunds come back in terms of people didn't get everything that they asked for and so some of it will go back in the market but your banner I don't know I think right now if you give somebody cash then keep. Yeah, because if that were true, I think a lot of these high-level things would have been bought up already. A lot of things that are so great would have risen.

Instead, I mean, NCB is still a slide. Yeah. JMMB is still a slide, $35.90. the still a slight 3590 and look at the thing they've had the pensions potential got all they wanted so did not not a refund went to them so it's all public money so I can't say I was very good kids of people say yeah yes so I was saying to deny that I don't know if I don't know if it's really going to go into the market but i don't think i don't think most of it is but yeah i don't think so you know but who knows maybe somebody will go yo i mean okay if i sold my ncb at 200 to buy transfer maker i got what was the percentage i got i got a million worth. I sold 3 million NCB. Big money we're talking here though.

So 3 million NCB. I put 3 million into Transformaker. I only got a million of what I asked for. And I'm getting the 2 million back. I might be tempted now to buy 2 million worth of NCB because at 152.78, if I sold at 200, at 152.78, I'm looking at 76% cheaper. That's a nice discount. Yeah.

But it's so funny, it takes bravery, although I didn't think it would, but it actually does take bravery and apparently foresight to think of NCV that was good three months ago at 200 being still great. Wait, 76%? No, it's 76% of, so it's 24% law. I don't understand why people wouldn't necessarily see that, but I do understand that they don't necessarily see that. What's real to them isn't our MTV, right? No, what's real to them is like a money out there in America, big cars and all that waste.

After them, and the planning, you know how that goes. So you see it falling so in the rational thought isn't okay so this is the rest of the world rational thought really is everybody's leaving so i might just leave with them because i don't know about it i don't really have to leave so exactly hey the herd runs and you have to understand the less financially literate you are is the more you react to herd mentality and so maybe i don't open it yeah yeah yeah what what everybody's doing as far as you're concerned that inside needs more information yes or or just this straight more

reasonable this fear no the thing with TransDemica is it's probably going to be the stock or it is the stock with the most or it will be the stock in my opinion with the most retail investors. Now we know pensions push the market and hold the market and the big companies

the houses also do the same but retail investors like you and me actually define the market yeah it's when is and i say that because if it has the most retail investors you know if it fly that's great but it could also have the most selling pressure ever it could you could have more people going yo i just want to get out and i suspect that i suspect that that might happen because I think you will hit the 30% tomorrow the 30% day one.

Where are these 15? Well, I thought it was a mad rush. And it might have like an intraday recovery so like it's tanking, tanking, tanking and then somebody decides to buy it up. So it recovers like for a couple of minutes, 30 minutes and then you see it again down. So maybe I might have shoot a bottle. And you know, we're earning this cost for kind of heavy selling for sure. This fair, because I want the people, I want the money in there. People are existing hard.

Yes. I see people existing hard as well. And bear in mind that people got large allocations yeah I use a million on my example just now it's because if you applied for a million dollars worth or less you would have

gotten your full allocation or if you applied with a as a e-tag customer so if you applied applied with um with uh with uh as a e-tag customer everything yeah if you applied as an e-tag customer you get everything i think a lot of people got a lot of what they applied for and i think a lot

of those people don't know anything about stamps They're hearing about everything else falling and wondering what's going to happen to my transfer of shares when I upshare this. So they already have a decision to sell from Joe. But you know, what I think it will actually hold for a small amount of time because nobody gets a fancy number. Just tell you 80% loss of a might that if I wait a week I'll get it. So maybe try to put the money on it.

Actually, you try to sell it out. And then when people actually start selling out heavily, that's when you get into the bunch. Yeah, all right. So two things. All right, so I hear that, but I think you're underestimating fair. A lot of these people,

are you overestimating how much these people know? A lot of these people don't know nothing. Them here on news, the US market's sinking, all of these sinking, JCS sink to say it's not just there, it's online, and it's local, and you know that if you talk to a local person, local investment industry,

chances are you hear the same thing. Boy, everything, bad things, bad referral, you probably gonna hear the same thing from them. So, imagine yourself as the regular person who have $400,000 that they're trying this thing because you're going to miss week time, but now try this. And then in between a little time

where you say you're trying, because you save up the $400,000, you put it in, and then in the time that you put it in and it looks like everything was going good boom coronavirus market drop matter of fact the market dropped before and then coronavirus no coronavirus look you and everything will fly downwards and the people they want me to look to let me check twitter i've said i'm a top but them look like them scared too

everybody afraid and then here comes the government going, boom, here's your refund of X amount. But if we never have that much, I just have 300,000, so I've got everything I wanted. So tomorrow morning, I was saying, again, we're saying this before at least. So tomorrow morning is going to be the first chance that you have to access that 300,000

that you put into the stock marketing, the stocks thing. I think they're going to run. I think a lot of them are going to run. But what I'm banking against also is that a lot of them might not even know how to run. They don't know nothing about it. They never even know it at least. So I think you might have a good first day.

You might get the 30% off day one. But you see, they get it. JSC, is that something on the internet site or is it on Twitter only? Well, you know, JSC is there already. I don't know if it on the side that doesn't I'm usually put on inside it's not on the site it's usually just on Twitter that I know most of you can do this easy wet well I'm not sure what's their rationale with only posting those things on Twitter. I'm not sure either. No, I remember seeing them doing something like this. Yeah, yeah, yeah.

Anyway, big up JSC. So I think what's going to happen is that they're going to list tomorrow. Big up JSC. So I think what's going to happen is that we're going to list tomorrow. You might get a 30% notice. It's an assumption that the pensions truly have, and the pensions and the big guys have what they want. Now, if the big enough guys do not have all that they want and they're still trying to buy up more,

then we might see some sustained volumes coming out of it. But what I think could happen is that even if the big guys aren buying what they want well no because they're gonna buy in bands so even the big guys buy what they want i don't know nothing about this stocks thing i never know say it at least tomorrow because i'm not on twitter so that means tomorrow at least and it hit the break at the 30 percent up but on the news is when i'm going to hear about it and that's when things get different so I watch news tonight the Wednesday night after this and I hear it say Trans-Jamaica lists um it went up 30

percent also Wednesday is the business news day so there's going to be articles in the newspaper about it there's going to be people on Twitter talking about it it's going to have people on Instagram and so on talking about it you're going to hear it up 30% in the same newscast that you hear how many other things drop and you're also going to hear that US markets are still draining because you're going to hear that coronavirus is at its greatest rush in America right now because going to be more testing blah blah blah Jamaica know up to 21 cases yada yada is all fear you see the fear and here is $300,000 that I put in and it's no longer $300,000 right it's

no what change it on 90,000 did I get that right better yeah yeah so it's ginger than 90,000 and I am able to pull out that, yo, may I take it? No, we don't. And it's up. May I take it? No. So I think day two. Day two, the breaker might fly downwards. I don't know how many people are going to go, yo, let me wait

until it's out. I think they're going to go, yo, 30%, that sounds good to me. So my real issue with going up, so I can say with that rationale, my issue with it going up so I can say with that rational my issue to go in obvious when I go ah up on day one that's true yeah you put it on it's a police it will sell out there and open God says it so many did that I mean it might be a fight to the bottom from there I know that I go you open and I'm not going through any hard yet reading something like him to herself and it was that race it was the minute says so that

can say somebody don't buy picking off then can hustle losers she's your web ah sunny so you think will happen? I think we're going to see a little rise on day one. I don't even want to put it at 30%. It's going to hit the breaker. I think it's going to hit the breaker. But it might actually start trending down on day one. Because a lot of people want cash and i know a lot of people that i spoke to or that um told me that they were going into it wanted a quick flip

for some reason for some a lot of people wanted you know the reason a lot of people wanted it. You know the reason. A lot of people wanted it. So as it comes to the market, people are going to be trying to sell to get that quick flip. And who is going to buy it is a very good question. I mean... Especially at a premium with the situation in the market right now.

You know, you're right. I never thought of i thought so i thought that day one but i never think even beyond day one meaning not beyond day one within day one i think you're right it might hit the breaker in the first hour i'll come back yeah hit the breaker in the first but then after you see once you break off real selling it's pressure but then after you see want to break off real selling it's pressure wow the sell queue is gonna be full yes yes yes yes and you're going to have a few people trying to buy some and right now if i ran a big fund if i ran a pension i would not buy unless i have a little directive i would not buy i would wait because i'm going to have to buy

it anyway and you know it's going to fall yeah yeah wow wow and it's so funny because transfer maker is actually great but it's funny well you know what hey especially for a pension fund yes especially for yes specifically for pension funds, actually. It's the sort of thing on which you can build a huge legacy, which is why I think JMNB and NCB put so much energy into it. Wow, day one might be very interesting for real. I never thought of that. Thank you, Top Striker. You might have saved me a lot of money. We'll see what happens tomorrow.

Yeah, but you know, it's so funny. I don't know if you'll deny, but for me, the we'll see thing, it's a kind of inside joke because we'll see like we'll see for people who not who not really into it for me I'm into yo make it happen you get me meaning act against it and I do have did you up did you guys apply for any I didn't you did deny yeah I did also applied as a toll as a toll I had an e-pass person. So I got my full allocation but My first was there and then corona did this thing my first signal against it was APO right right after the as the transfer maker closed i was like ah so we have a place for the for the refunds to go to so it might not come back to the market and go back to transfer maker buying but corona did this thing

and thus erased my thought about what can actually happen. So I thought I fully saw where it couldn't begin. But now, man, I look so good. Because I can still see people looking to hunt it down as well. We can get that first year tomorrow. Charlie, it's your normal style. Your normal style. Early on. I still boast about me being the guy that sold signals you know

I was one of the only sellers of signals before it fell You got in on day one? Got in, got out and then watch it tank Yeah man, there's a two day one people I remember Him and my brother from 876 in Buster who got select F at the 70 he's the one person who got it at the 70 something percent i think well not one person he was one of the few and it's no i got i sold my select f as a pretty good um price as well i think i was over about 60 percent wow yeah yeah i used Wow. You're not. I used to say start a week after, didn't I? 2017.

It's a good year to start. It looked that way. 2017 must have been a hell of a year to start. But, okay. The thing that we brought it on here for, Sean, and I don't want to go too long because we've been doing long episodes and we're trying to manage that now. But having said all of that,

for you, what is your current play? Like what are some current plays you had? Like I spoke in that episode, the first coronavirus episode, about the Pulse play, where Pulse gave off a nice 30-odd percent. Even if you didn't buy it on Friday, you get 30-odd percent if you sell it

the Monday. Yes. And that only works, obviously, if you had shares before. So anybody saying, no, there's a T plus 2, yes, we know there's a T plus 2, but it requires, obviously, volumes from before. What kind of other plays like that are you seeing if you what you're willing to share that you've done what you've done in the in the past i should say all right so i've been doing

some very short-term plays some short-term let's a average 20% it's very risky very dangerous wouldn't advise people to do it but it can be done with how the market is right now you can look at the Q's they're very scanty especially if the buy Q is very scanty I look for a price that would chip the breaker and I set that price. Wow. When it fails, the stock halts. As soon as the stock is back trading, I sell the stock at about 20%. Yeah, you're right.

Because it will automatically fly back to there. Because the price that I got it at was very low. It was unrealistically low but people want to get out of the stock because people want cash now so they're going to sell to the person that's buying volumes that they want to sell at and when it opens back the stock is going to go right back up how do you choose responsibility yo she's so right you know before you said that yeah i am definitely i am editing the whole of this i'm joking

i choose um go ahead i mean she look at the money in her pocket and then somebody get her like I mean, she look at the money in her pocket and then somebody get her, like, what she's doing is wrong. Yeah, it's risky. So, yeah, man, it's risky. Of course. There are a lot of people that speak against day trading. Yeah, right? I mean, I'm not going to complain about the profit that I'm making.

That is heavily risky, though. Say it again for the people. It's heavily risky. What's somebody tell you? What's somebody tell you that it's not going to last forever? I don't know that. Okay. They can say that, but I've been doing it a couple times. And I don't just do it off the top of my head.

I see it done. There was, I'll put the Cygnus one. Cygnus, when it was going going down when it just started going down i think cygnus hit about 18 and everybody was freaking out and then it came back and it went right back up to 21 it did it about twice and i remember i went to my bed that night and I'm like, yo, this can't miss me tomorrow. I have to go into that tomorrow. So I liquidated all of my stocks. I sold everything before I could lose out on it.

With the exception of about two companies. Wow. Let me get this shit. So I liquidated. It's your position. Yo. wow let me get so i liquid yo you swear you never defile i didn't defile but how could you know this i just wasn't about to lose and i i saw where it was going i saw um jmmb for a while because as i told you earlier jmmb is one of those stocks that i look for people to sell when they want to go into something else because a lot of people have a lot of it because of the apo so i got out of jmmb i saw signals heading down i sold all my signals um a couple of my other stocks and i kept two so with the money that i had no i was very liquid no i would put all of that i put all of that into

signals at 18 i put an order for signals at 18 it failed it halted it immediately came back and sold at what was it so that it was sell at around 21 and immediately i'm out it went back to 18 i am back in with the money that i just made from it in other words you you you get to buy it. What's the difference in that? What's the big price? I know the 18. What's the other price? 21. 21. 21 and 18.

That's 16.6. Take fees out of it. What are your broker fees, Shan? 0.75. 0.6. Take fees out of it. What are your broker fees, Shan? 0.75. 0.75? 0.75? Yeah.

All right, that's smart. So even smart. There we go. So you're doing high level plays. You understand what you need there. You need immediacy and you need low fees.

So your fee is less than a percent. I'm going to take off. Let's say you've 15 or 14 you make 14 there on a on a on a simple play on a simple play and then i went back in and i did it again word on which one on on the same um on the same stuff and then around that time Cygnus had a dividend that they were going to pay so I also collected the dividend

yeah and by around this time she's talking about this was last week Monday because based on the same every week calendar no I didn't know that there was an every week of calendar in it. When I listened to the last episode, I realized that you had that.

Yeah, if you click... But I have my own calendar, though. I have a list of all the dividends that are about to come out and I make my plays around the X date. I like that. Listen to that. Listen to the...

I am so happy that you're here to say it know that people are going to think that we told you to do it to say it but you learn it I mean granted let me take my props because you have been to grower I have been to grower

but it's just it's obvious to me that there's so much money here and it doesn't require heavy in a heavy amount of thinking or anything deep and like you said you had the calendar already it's the same reason I had the calendar and I said let me share it with everybody so my calendar now has all of that in there so it has all of the declared dividends and then I add in other things you know so things like AGMms and when results are due so on and so forth because you

know how we actually invest based on event-based investing exactly what you said like if you know that something is going to happen that affects a company positively it's perfectly fine to invest with that in mind. It is. It's not rocket science. But if you're not saying the same things everybody is saying in the same way, people vex with it. But I like it. So you made 16% on a single play

and then you go back to the other games. It was actually 21.9. I'm looking back at my JTrader sheet right now yeah man take make your coins move 21.9 which pushes you up to 21.6 if you take if we say 1.6 of the fees we say both sides of the fees ah you're looking at 20 same way damn. Damn. And you did it twice? Yeah. So you've done in a week, you've done something in a week

that gave you 66% of the entire market's movement last year on each leg of it. And Daniel, you know my thing already. Three turns of 20% is more than 100%. Or is it 100%? You're sure? You're sure? No, watch me get that wrong immediately. you know my thing already three turns of 20 is more than 100 or it's 100 percent yeah sure here everybody yeah no watch me get that wrong immediately four turns is definitely but i don't remember if three is also there three turns are 20% correct it is not it's 72% yeah well Christ and Sean for

you if you only did two turns of it so you only made 44% in a week in the middle you know that was actually one day and I am here quarreling with people on Twitter we need a box don't her at it one day exactly and the thing is these plays are happening every day every day for something like that happen every single day yesterday tonight such aajikor. Go ahead. Sajikor went to $43 and then went up to $50. Hmm. Hmm.

And that was heavy volumes. I think there's a Scotia dividend date passed it. No money. It's today. It was the Wednesday. It's the same day. I'm trying to make, I think, the a Scotia dividend date passed. No money. No, I'm saying it's today. It was the Wednesday. It's the same day as French Jamaica. I think the X date for it.

I think. No, I think. Let me not get that wrong. I think it's at the end of this month. So, Scotia is on that. Yeah, Scotia has. Make sure I get this one right so today is the 23rd 24th

and Scotia has their ex-date yes the 30th the 30th is their dividend their ex-date so the 31st is their dividend payment. Yeah, their record date. Their record date.

Yeah, the record date for the dividend payment. And guys, if you don't know what that means, yeah, check the show notes. You'll see a link in there explaining X date and record date. But record date in this case is just the date of record. Anybody who is a shareholder on that date gets to participate in the dividend. I just wanted to be sure because I'm not seeing it on my calendar here. Today is the X date for JC.

Yes. I'm not seeing Scotia at all. That needs to be added. No problem. So, Scotia has a dividend coming in. What what dividend is it what was a yield on that dividend 55 cents 55 cents at current prices 55 cents at Scotia's current prices if you are close to that 39.55 Wow that's a 1.3 percent dividend yield well no you have to take the 15 percent out of

it so So That's actually a 1.1 percent dividend yield and a year low buy and sell price You essentially can and if you're buying and if you stay in or if you're already in That's a 1% dividend for you. No, I've always said that I don't care about dividends, but free money is free money. Yeah. And when you're making a place like yours, this is important because this can pay.

Worst case scenario, this pays for itself. Exactly. And I'm not usually a dividend person either. It's just recently. Yeah. Go ahead, Danai. Go ahead, Danai. How does that happen

so that's again the internet uh i i've said the same thing shanice i'm not a dividend person after a while when you see it, you're like Exactly You said that's how you start to work out I'm a friend then rich and buy a car but dividend What? You cracked up a while ago didn't I?

I was saying that's how you start to work out I'm a friend then I invest in dividends Get rich and switch Oh my God So you just decided to join all of us and buy a car Is there any other car? Oh god, oh god What are you saying? I've never heard of it

But you're right, I know the feeling, Shanice, I know the feeling You don't really care about dividends, but your inner stock and it's in a big dividend come here Like, wow, okay It's nice, I'll take it Right? You know i have a nice dividend no a nicer dividend well i was ncb but you have to hold it for the year i think at one at 159 is that how much is that right now ncb is at 152 152.78 A $1 dividend at 152

I mean it's still too low For just one For just one quarter But if you hold that against If you hold that for the whole year You get $4 And you're looking at a 2.6% dividend And then of course you take the

You take the tax out It's not big right but if you have big money it makes a holy percent and on what i at least for me why dividends have to be an attractive is sometime you're on the day it's a good little play and your manager must be on record data and oh great you get a you get 10 grand you get 50 grand you get 50 grand is is nice but five grand is also nice that's a light bill it is I get five to five grand I'm very happy yeah and see every every every every three months and TV pays one light bill for me simple is it true every every three months a TV pays one light bill for me um signals has been paying more than I like Don't deny Don't deny Oh god

Shanice I like I'm proud I'm happy to hear somebody else Doing this and also Well you know Shanice you know a lot of women doing this I don't know any other women doing what you're doing I don't Well the group now Has a good number Of women who seem to be you know doing well with

what they do better than me so better than me and then the group is coming up with a lot of women so i think we're getting there yeah but but specifically for that group i had always wanted it to be a place where women could feel comfortable going and coming through so i'm not surprised about that but i noticed outside of any place where it's like specially curated to involve women and have them included you don't hear a lot you hear a lot of either the pandering or it's just a lot of it's just a way for man to talk or sometimes you hear a woman and i'm just silent you would chat too much He said on his weekly podcast. Oh my God.

But yeah, it's a, it's, it's a weird thing to me because I think women are damn good at it. I don't know anybody else doing what you, the meaning being as aggressive. Yeah. Well,

I do know women investors that are damn good. Yeah. Um, I just, I just want to say more because I'm very interested in seeing what happens when more women start to make them voices heard I met them in the voice of the money heard on the market are you talking your money talk a lot you know I know you tell us why logo says when you sell signals it drop on 17 I met the whole way there the rest of us were still in die um i also wonder a lot

about the effect on all the things that we have coming to the market then i mentioned earlier what happened with the apo with jayman not jayman be proven's apo right after trans jamaica early closure i think or after it closed. But now, Corona mashup, a whole heap of plans and a whole heap of investments, including my investments, are pegged to other plans.

And they push back now. Yeah. It's rough. I know that hit me specifically with Pulse. Yeah, with Pulse. Yeah. With Pulse, I felt that one. It fell all the way down.

Now it's at 245. Now I'm only up 145%. Oh, no. Yeah. It's rough. It's rough, guys. Thoughts and prayers. But what's the

what's the reason for hope let's give some people a reason for hope before we wrap other than because people not going to still not going to do some of the aggressive things

you are being saying so what are some of your reasons for hope how long do you think something like this can last meaning this downturn I think until the virus peaks

here in Jamaica yeah because downturn? I think until the virus peaks here. In Jamaica? Yeah. Because there are a lot of people that are probably expecting us to go on lockdown and they want to prepare for that time. Ah, when you need money.

When you need money, yeah. When you need cash. That's a major thing. and and well for anybody thinking that guys do remember you can take a loan against your shares ask your licensed investment advisor about that ask your broker about that yeah some houses are yeah some people feel worried about it but we need to get past that nobody has has ever gotten rich on their own. Well, people might get rich on their own. Nobody has ever gotten wealthy without debt. Other people's money is one of the secrets to making money.

I think the last person. Mr. Buffett about that one. Right? How can that be, Danai? What's today's Buffett moment? Buffett never borrows. Everybody knows that. He never borrows.

$90 billion in debt. And he never borrows. Why in God's name would he use his money if he can use yours? Oh, Lord. But I think some people might be fearful of it, but I think the smart people are most will know that, yo, debt against your shares is good. It's a great asset. And anything you borrow against your shares at this low level is supposed to fly.

Then I touch a PE point earlier. NCB's PE is now down to 13 times. Yo, Pulse's PE is down to six. It's crazy. 6.1 times. I should get back into Pulse's Pulse's PE is down to 6 6.1 times I should get back into Pulse Damn Oh god

I mean I can see a case for people Being Sad that they never get it at $2.45 In maybe a year That's true The man didn't promise us it won't happen yet The only thing that they've spoken about to happen get it at $2.45 in maybe a year. That's true. The only thing that they've spoken about to happen, that has already happened,

is the stock split. We have a rights issue coming up. Or APO. APO. I forgot to change that. But I would know what I put off onto BOJ restrictions. Also, the people at I put off onto the BOJ restrictions.

Also, the people at BOJ feel that the dollar is fine enough for US dollar to be able to take, US to Jamaican to take that pressure. But I think a lot of things have also fallen. There's something that I said before that, I tweeted it before, and I think it's worth saying here.

It's a question, really. How many of the stocks that have devalued have fallen in this time how many of them do you think are going to get back to their old value because a whole lot of them did overvalued and never worked right so them drop down or them correct how many of them going to really have any exciting event to bring them back up to where you might think they should be, right? I don't know. I don't know. Like, all right, let's see.

One 38 student living drop all the way now down to $4.37, right? But I think they have a nice pipeline of revenue to come that can see them going back up above this. I mean, their PE is 7.3 times. I can see them easily going to $8 from where they are now. But when you look at other things like things that after everything, then drop, come right back down to where they are now. What's Fontana's PE? I think we said it earlier.

Danae, you know? 14.5. Wow. On the junior market. 14.5 times on the junior market, yeah. We thought P.E. began this year and I said that the overall market's P.E. was something like 28 at the time the over the average pe on the market

now and this isn't this is just the average of all the pe's on the market now 17.6 times wow don't quote me on that it could be wrong um but i believe it's 17.6 times That is Wow In the context of Warren Buffett say when the market don't a very good time to buy Strategies for that Warren Buffett said, when the market is down, it's a very good time to buy. Might there be people talking about that really? And strategies for that. Yes. Yes, that last bit is key. Because you hear a lot of people saying,

oh, all these deals out there. Oh, I wish I had more cash, which I can understand. But strategies around it, that's the thing we're not hearing about at the top. It's a realistic thing. Here's a free one I'll drop in terms of my thinking. I dig up DJ Courtney.

DJ Courtney, I think his at is CourtneyJM. But it is the DJ Courtney. DJCourtneyJM from all the parties. Keep everybody in New Kingston awake at night. Who is here? He was responding to a tweet of mine and he said that, you know, where Ms. Reitner in a sense himself, he might as well just go and hold it and wait.

You get me? Which I can understand for his holding. But that's one strategy. Another strategy is the hardcore strategy, which is we're here to make money if you have if you need to make money and everything has fallen them going to rise we make money on the rise i am okay selling something that has fallen 30 percent i'm putting it into something else that i think will rise 60 or 70 percent faster than that other thing that i take it out of even though i know it's going to go back up to its eventual level right

ncb is going to go back to 200 and pass it in time maybe in a year it'll definitely be ahead of 200 right but it's i don't think it's going to be ahead of 200 in the next two weeks but if I think something else XYZ is going to be ahead of is going to rise 40% in two weeks I am going to put my money I'm going to take it out on CV I'm going to put it in that thing I think is going to rise 40% and in a rise of 40% I'll sell it and maybe carry back to NCB it seems so clear and straight forward but if you say to get vilified and

I mean people say it's risky but it is risky but it's not the riskiest thing in the world there are much riskier things out there even your mid-Q play your play in the middle of the days is is riskier than what I just said. Yeah, it is.

Yeah. I mean, Fontana, as much as I thought they were maybe overvalued, because they got to eight and they got to nine at one point. Did they ever touch double digits? No. No, I don't think they ever hit the 10. They have? I don't know, but i don't think they ever hit the 10 they have i don't not i don't know but i don't remember if it happened i don't remember them because i remember those days for fontana yeah i remember when they hit nine because i was mad at myself for not selling at the nine

same same um but i know that it couldn't last the underlying value just wasn't there okay the 52 is nine cool so that so we know that they were overvalued then however since then they've opened a new branch they've gotten a lot of stuff and it's to say but with cold i know people want to hear this like why you haven't said it before i'll say no with coronavirus people getting sick a lot more people are being safer a lot more people are going to hit fontana up and get a lot more medication um and i do think that a lot of people have been going to not just them a lot of pharmacies i've been doing my checks with a couple of pharmacies but people work at doing my checks with a couple of pharmacies, or people who work at pharmacies.

You just touch base with them. How things, I'm saying, boy, rough, wicked, weekends in pack. I'm like, oh, that's so terrible, thoughts and prayers. But you buy that shit, right? So Fontana, I couldn't justify it at eight or nine. But I don't know, at three? At three, I can justify it at three. or 9, but I don't know, at 3? At 3? I can justify

it at 3. I can justify Fontana as a matter of fact at anywhere up to 4 or 5. And the difference is, I don't carry the feelings with it, so I am perfectly fine buying Fontana at

399, which it closed today. So it closed at 4. I'm perfectly fine buying Fontana at $3.99, which it closed today. So it closed at $4. I'm perfectly fine buying it at $4 and selling it at $6. That's 50%. And I think any good news will send it there. I think what's going to happen with this market is that once we get over Corona, we're going to see a bunch of things shoot up given any good information i think so and a bunch of them have good information coming a whole heap of good

information coming like crazy good information coming crazy good events coming, not good information. Good events. Key among that is, well, is JMB, which is obvious, which is known. But, yeah, we're beating a dead horse. Then I did ask you one thing, though, that you didn't answer, I think, in all the talk. We'll move past it. Then I had asked you what is it that you see to make you pick these companies like when you're doing those those um

heavy players what are what are some of the things that you see that make you say okay i'm going to try this with with um with with signos I look at the volume that trades within that stock probably like the day before or a few days before or the trending volume for that stock if I can get the volume that I would want

and I look at the buy queue to see how the volumes are also set out in the buy queue because if there are a lot of small volumes those will probably go fast so i just put in a big order at a low price at the lowest price that i can get it at to ensure that they'll want to sell it to me to make it look attractive to somebody to just okay don't dare cash in that people are going to want to get out and you have you don't see the volume that you want to get auto so I just put in an

order for you yes you want you you want come over the stock would say of 500,000 units break a combo cause on its 200 exactly if Shanice coming from the Say you have 500,000 units, but you can't come up with cars with 200 units. Exactly. If Shani is coming with 500,000 units, then guess what? It's my exit. I'm out. That's the price I can get it at. I'm out. Yeah.

And you don't understand something like that. I'm thinking what somebody is looking for when they're actually selling and stuff. Yeah. Because. Yeah. Yeah. That is. I remember one of the queues I was looking at

Seprod It was very scanty and there was Like small volumes that are Trying to be bought So I just put in a big order At a very low number It filled It halted and as soon as it

Came back it went right back up To where it was before. I bought it at 31. The secrets. It went up back to 36. Uh-huh. And it closed today at 36.79. So even if you did wait a little bit, you get out fine.

And that's not any heavy percentages. But again, this is within a very short amount of time. It's within a day. Damn. 18%. And before people come kill us, this does require, one, a lot of knowledge. Well, as Shanice can tell you. How long before you're comfortable doing something like this? That's probably what we should ask you.

Two years. Started training in 2017. So you just started getting comfortable doing this stuff? Yeah, no. I was never comfortable day trading like that. It's really just recently that I started making those very aggressive plays. Because I saw the market going down and I either went down with it or figure out how to manipulate it.

There we go. Don't use that word. Yeah, God, yeah. People think of manipulation as something bad. Say how to profit from it. It's like when you say creative accounting, everybody goes crazy because, no, that's a bad thing.

Yeah, but I understand what you mean shanice you didn't want you don't there's no need to sink with the ship because there's still money to be made exactly in every crisis there are people making crazy money true yeah shout out to the people who are selling um face masks right now there is literally always some profit there to be made so i'm glad that you're saying that. Anything you want to leave the people in with, Chinese? But we're going to wrap it now. So thank you for visiting us and speaking to us for the last half

and hearing us yak for the last half. But also thank you for showing that it's something that can be done by somebody who's just starting out, somebody who doesn't know a lot and not in finance. Well, thanks for having me guys i know it's been a while since i'm supposed to come on this show and every time i'm supposed to come something well i'm glad i finally made it yep yeah i'm probably very quickly probably very quickly too because we want to wrap up this

first quarter i mean by the end of march there's a lot more things that will come out in terms of results yeah so we definitely want to have you on that episode so you look out for another link from us tell the listening public something tell them what you want tell them what you want leave them with what you want them know what do i want to leave them with nothing believe in this nothing it's not shanice that's fine don't make running pressure and just saying anything i think you like that investing is for everybody it's not for rich people it's not for people who do finance you can literally have no knowledge of anything in finance and do well in investing you just need

randy says it all the time you need like a high school education probably not even just prep or primary school education and you can do this and there's money to be made out there so why not take advantage of it we have the best stock markets in the world. Why not? One of. Imagine that. During the biggest dip of the market that don't have any shot, you draw 44% in one day.

Light. Yeah. Thank you so much, Shanice. Thank you, guys. Tell the people in the app if you want them to follow you on Twitter. On Twitter at Exaggeration. thank you guys tell the people in the app if you want them to follow you on on twitter at exaggeration

that's a name given to me by Danai so witty it's E oh that's well known E-X-A-G-G-A-R-A-S-H-A-N I think I said that right there you go. It will be in the show notes.

It will be in the show notes. It will be in the show notes. Thank you so much, Shadis. And Danai, who think I want people to get pressured. I don't. I just don't want to be the only one talking. So I will leave the closing of the show to Danai. And I will tell everybody, thank you for being here.

Thank you for listening to another episode. And thank you, Shad, for being here. Thank you, thank you then i have course for co-hosting with me and let's go and get that money from the market guys there's money out there damn right yeah it's a holy pan now is the greatest time it's the best time to be buying yep yo is you are seeing prices now like when you just started don't you? Yeah. Panjam $80. I said to Danae last time it's a time machine again. Seprad $36. Barita $50. That's a crazy one. That's a crazy one. That is the crazy one. Barita is crazy to me the crazy one yeah but thank you and I'll hand over to Dana

my co-host who will close the show all right guys this has been earning season thanks for having us

thanks for listening big up Shanice thanks for coming make sure you come and give all right guys this is earning season

thank you oh sorry bye guys thank you whatever you do right now don't you stop earning season