CRKN SCAM and 140-3? 🔥

The presenter discusses the Kraken stock, a company he previously recommended, and expresses his belief that it is a potential scam due to suspicious actions by the company's CEO. He details how the stock has fallen significantly and outlines his rationale for believing the company manipulated the stock price and may have violated regulations. Furthermore, the presenter emphasizes the importance of risk management in trading, particularly through portfolio diversification and the use of index funds, advising viewers not to rely on individual stock picks.

Kraken Stock Performance

• 00:00:09 The presenter discusses the significant decline in the price of Kraken stock, which has fallen by approximately 50% in the last two days. He attributes this to what he believes are manipulative actions by the company's CEO.

Stock Trading Advice

• 00:01:30 The presenter reflects on his success with stock picks in the past 15 months, boasting a 140-3 win-loss ratio. However, he criticizes his audience for not following his advice and taking profits on stocks like SMCI, ESS, and Mara.

Potential Kraken Scam

• 00:11:01 The presenter shares his opinion that the Kraken stock is potentially a scam due to the CEO's actions and lack of credibility. He believes that the CEO manipulated the stock price through false promises and may have engaged in illegal activities.

Risk Management in Trading

• 00:14:29 The presenter emphasizes the importance of risk management in stock trading. He advises viewers to diversify their portfolios by investing in index funds like SPY, QQQ, and IWM, limiting exposure to individual stocks and avoiding significant losses.

Potential Lawsuit

• 00:16:14 The presenter responds to concerns that the CEO of Kraken may sue him for defamation, stating that he is prepared to fight back and potentially lead a class-action lawsuit against the CEO and Kraken if necessary.