Dear VIP Attendee,
Mike is expecting a fresh round of delistings, layoffs and bankruptcies in 2023, and he’s eyeing the tech sector above all others.
Read his article below, and click the link to see his new presentation on how you can profit from the next wave of the Silicon Shakeout.
— Charles Sizemore
From: Michael Carr
Sent: Saturday, January 14, 2023
Subject: Stocks Delisted at Their Fastest Pace in 21 Years
| Dear VIP Attendee, More stocks were delisted last year than the 2008 financial crisis.
This should come as no surprise. 2021 saw the largest number of stocks ever added.
And many of them went public by less-than-traditional means — via special-purpose acquisition companies, or SPACs, where the list of requirements is way less stringent.
Take Virgin Galactic, ticker SPCE.
For awhile, it looked like this space SPAC would soar to the moon. Now it’s crashed to earth, costing investors 90%. 
But most investors don’t realize terrible companies like this actually make great investments — if you trade them the right way.
SPCE is one of the stocks I ran through a back test of my Shakeout Profit system last year. It would have turned up a 213% gain in about three weeks, while the stock fell 30%. 
Or take Palantir Technologies Inc.
The company went public through a direct listing rather than the traditional IPO process. But it also invested heavily in startups in the hopes these businesses would use its tech.
From business news publication Mint: Palantir Technologies Inc. helped fuel the SPAC boom with an unusual strategy. The data-analysis company invested more than $400 million in startups that simultaneously signed deals to buy Palantir’s software…
The bets have backfired.
Palantir’s 20 startup investments, which include a flying-taxi company and numerous electric-vehicle startups, are down more than 80% on average. One has gone bankrupt and one has been delisted from the New York Stock Exchange. More than half are warning they may go post. And this gem from The Washington Post: Palantir Technologies Inc.’s raison d’etre is identifying patterns hidden within mountains of data. Yet somehow it didn’t spot the risks in its own investment strategy of the danger that startups might not be able to pay their bills. You can’t help but chuckle a bit.
Here’s my concern. I’m worried that these stocks have fallen so much that many investors will be duped into buying these falling knives “on the cheap,” only to find they can still go way lower.
Most of these unprofitable businesses were unprofitable when interest rates made funding their operations with debt dirt cheap.
It’s not cheap anymore, and that means their stocks aren’t either.
By the way, Palantir is another stock that turned up in my back test that would’ve delivered 379% in less than a month: 
I believe we’re going to have plenty of opportunities like this as high interest rates ignite the second wave of the Silicon Shakeout.
I just released a new presentation about this on Thursday. You can go here to watch it now.
I share my price targets for some of the market’s most popular tech stocks, reveal details on my new Shakeout Profits system and tell you about three of my favorite trade setups.
This is the most exciting, and obvious opportunity of the year that no one’s expecting. That means you have a rare opening to take advantage of this right now.
Click here to get the full details from me. Regards,
Michael Carr, CMT, CFTe
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