📈 Why This Unsuspecting Stock Is Up 10x

Tired of the sea of financial information on the internet?

Unsure what advice to follow?

Nikki Dunn is a CERTIFIED FINANCIAL PLANNER™ professional and her book “Do THIS With Your Money” was written to help you feel like you have a trusted advisor sitting alongside you.

The book uncovers the most important strategies around:

  • Managing cash flow

  • Planning for life’s biggest risks with the right insurance

  • The best strategies for planning for retirement

  • Top investing strategies

  • Tax planning tips

  • Planning for your legacy… and more.

What’s on the Menu 🍴

It’s been a wild week!

From massive gains to terrible scams, there’s a lot to cover.

Let’s roll:

  • Caitlyn Jenner's Latest Crypto Scam

  • Why This Unsuspecting Stock Is Up 10x 📈

  • Breaking Down Ethereum’s Explosive Week 💣

  • Video Of The Day: Breaking Down Huge Gainers
    (ETH, NVDA, ANF, and MORE) 📺

Today’s newsletter is a 5 minute read.

Caitlyn Jenner's Latest Crypto Scam

Caitlyn Jenner is back, and this time, she's trying to scam you with a new cryptocurrency pump and dump!

The JENNER token, launched by Jenner on the Solana blockchain, has stirred up confusion and controversy.

Let's break down this bizarre tale.

Late Sunday, Jenner's X account announced the launch of the JENNER token via Solana's Pump Fun.

Within 24 hours, trading volume hit over $100 million. Jenner's account kept promoting the token.

A post even boasted, "We expect to hit $50m market cap in the first 24 hours."

A video featuring Jenner surfaced, declaring, "This is real. Get involved. My new crypto coin."

Another video showed Jenner's manager, Sophia Hutchins, backing the token.

In a video reaction, I reminded viewers of a similar incident involving Kim Kardashian.

Despite my efforts to warn people, Kardashian's crypto scam managed to swindle millions from unsuspecting newbies.

Jenner's saga is a stark reminder: the allure of celebrity-backed tokens can be tempting, but they’re almost always a pump and dump scam.

The crypto market thrives on speculation, and as Jenner's token saga shows, not everything that glitters is gold.

Why This Unsuspecting Stock Is Up 10x 📈

As active investors, we’re always looking for the next 10x stock. This is what keeps us on the hunt!

These types of gains don’t come often for investors, especially in shorter amounts of time.

So, seeing the performance of this one little retail stock has left people in awe.

It’s Abercrombie & Fitch (ANF)… yea, you heard me right!

ANF owns the classic Abercrombie brand and the teen favorite Hollister Brand.

Abercrombie was once the hottest brand young adults could possibly wear…until it wasn’t. Crude remarks made by the CEO at the time and lack of a focus on body positivity ruined the brand.

There is even a documentary on Netflix about the rise and massive fall of the brand:

A new CEO, Fran Horowitz, came on the scene in early 2017 to do the impossible: revive Abercrombie from the dead.

And boy did she ever do just that!

So, how did I know to invest in this turnaround story and what was my process?

I gave my insights for this idea in the Wealth Building Community in 2019

  1. I am naturally drawn to retail as a woman, so I was paying close attention to what was hot and what was not. I noticed their inventory was completely updated and different. That kick-started my research.

  2. The stock was absolutely in the gutter. No one wanted to invest. This was my cue as most of my best investments come from stocks that everyone hates.

  3. Management has their eye on the price. They knew the Abercrombie brand was in trouble and they needed to make big change. They were laser focused and you could tell by listening to the conference calls.

  4. The stock had a high short interest. Naturally, because it was hated at the time, the short interest built up to be higher. Investor betting AGAINST the stock, combined with a solid turnaround story was my thesis for the perfect combination to fuel a move.

Many things came together on this one and management simply did what they said they were going to do, and they did it well.

The latest earnings report showed Abercrombie putting out 31% comparative sales growth. This is very high for a retailer in today’s economy.

They even raised guidance.

Of course, the stock has run a lot and even though the valuation isn’t crazy with the growth, it’s certainly not the value it once was.

This is why being the early bird gets the multi-baggers.

Breaking Down Ethereum’s Explosive Week 💣

The approval of Ethereum ETFs has sent the price of ETH soaring over the past couple of weeks.

Last week, the crypto community was blindsided when key documents for Ethereum ETFs were approved out of the blue.

This wasn't your typical regulatory process. ARK Invest CEO Cathie Wood explained that the approval came without the usual SEC grilling, likely influenced by the recent bipartisan support for the Financial Innovation and Technology for the 21st Century Act (FIT21) in the House.

Ethereum's price surged over 25%, nearing the crucial $4,000 mark.

This ETF approval isn't just about the price spike; it signals a major step toward mainstream acceptance and regulatory clarity for Ethereum.

An ETF provides traditional investors a regulated and accessible way to invest in ETH, potentially attracting significant institutional money and boosting market stability.

But the approval of Ethereum ETFs marks a significant milestone for ETH, especially in the realms of decentralized finance (DeFi) and smart contracts.

As Ethereum tests new price levels, the crypto market is keenly watching for the next big move.

In short, Ethereum’s ETF approval is a game-changer, highlighting the growing acceptance of crypto in mainstream finance and its increasing political importance.

Video Of The Day: Breaking Down Huge Gainers
(ETH, NVDA, ANF, and MORE) 📺

In this week’s episode we talk about how the markets have been on FIRE lately…

And we cover a lot of big gainers and future opportunities!

You’ll also learn:

  • Why large cap is still out-performing

  • What we’re doing pre-election

  • How to find cash flowing assets

  • And a TON of Q&A

Food For Thought 🧠

"The history of fiat money is an almost
unbroken record of inflation, corruption, and failure.”
- Murray Rothbard

How did you like today's newsletter?

Let us know how we can deliver value.

Login or Subscribe to participate in polls.

DISCLAIMER: We are not investment advisors, and this content is for educational purposes only. We don’t offer financial, legal, or tax advice. Nothing we say is a recommendation to buy or sell any assets. Trading and investing are extremely risky, so please be careful and do your own research.