When I first started recommending cryptos in 2016… I told everyone within earshot that Wall Street would eventually beat a wide path to digital assets.
And when I tell you that no one wanted to listen to me… no one wanted to listen to me.
But what really stung me were the detractors.
They accused me of pushing a Ponzi scheme. Some well-known newsletter people denounced me for supporting bitcoin… They said only terrorists, gun runners, and drug dealers used it. And that anyone who supported bitcoin was in league with them.
Even my own publisher called me crazy.
But fast-forward to today… And multibillion-dollar financial giants like Fidelity, JPMorgan Chase, and legendary fund managers have started adding crypto.
Back in 2016, I said Wall Street’s greed for a new source of fees would force it to embrace crypto. I said they would build financial products around crypto and milk their respective client bases for billions in fees.
And that is exactly what is starting to happen now.
Few people believed me back then. And even fewer followed my recommendations. But those who did made a killing…
For instance, we got into one crypto token at 13 cents and it hit a high of $198. That’s a return of 152,208% – enough to turn every $500 into more than $760,000 and every $1,000 into more than $1.5 million.
So what does this all mean for you?
For the first time since the 2016–17 crypto craze, I’ve found a market with the potential to make life-changing gains in a matter of days or weeks. In fact, Bloomberg says this red-hot market is “creating a new billionaire every week.”
I’ve been pounding the table since January on this market. And like with crypto, all we have to do is follow Wall Street’s greed to profit…
Wall Street Greed – Redux
The market I’m talking about is the initial public offering (IPO) market. An IPO is when a private company lists its shares on a public exchange.
In January, I pounded the table… telling everyone in earshot we’d see companies in a full-on race to go public this year. And so far, we’re on pace to rewrite the record books.
In August, pre-IPO companies raised $30 billion. That’s on top of the $116 billion they raised in the first half of the year.
We’ve seen companies like BigCommerce, Berkeley Lights, and Forma Therapeutics open with big gains. They returned 201%, 198%, and 95%, on opening day, respectively.
But the real gains aren’t made by bidding up shares on IPO day. They’re made by buying in pre-IPO – or before companies go public.
Those same three companies I mentioned above? They returned gains of 2,300%, 7,432%, and 3,205%, respectively, for their pre-IPO investors.
I can’t think of any market – outside of cryptocurrency, a few years back – that delivers gains that big that fast.
That’s why in January, I bet big on Wall Street greed again when I said 2020 would be the year of a massive IPO boom. I also told you the real money would be made by getting in on pre-IPO deals.
And guess what?
Last week, we got word that JPMorgan is launching a new team just to help major funds get into the hottest pre-IPO deals.
Just like I said would happen back in January…
Chris Berthe is JPMorgan’s global co-head of cash equities trading. He says, “Many of our clients are looking at [the pre-IPO market] as the next frontier.”
JPMorgan says the unprecedented demand for pre-IPO shares is coming from big-money hedge funds and pension funds.
They want access to private companies like SpaceX, Robinhood, and even TikTok. These companies will likely go public at multibillion-dollar valuations.
And it’s no wonder why Wall Street is chomping at the bit to get in…
In 2020, the average pre-IPO deal has returned over 22,000% on its first day as a public company. But if you had waited and didn’t get in until the IPO shares became available… that 22,000% return shrinks to just 36%.
What to Do Next
The IPO boom is making a lot of money for a lot of people… even for folks on Main Street. But the real gains – the crypto-like returns – come from investing before these companies go public.
Let me give you an example…
Main Street investors made 31% when Amazon went public. But pre-IPO investors walked away with 9,165%. We saw the same thing with Google: An 18% gain for Main Street versus a 1,500,000% gain for private investors.
Silicon Valley insiders made a 64,200% gain on Uber – in one day. Enough to turn $250 into about $161,000. But public investors still have yet to make a dime on Uber.
Friends, that’s the difference between pre-IPO investing and IPO investing.
In the private pre-IPO market, early investors can get into companies for pennies and sell them for tens of dollars. And that’s why JPMorgan launched an entire team to snap up pre-IPO shares before they go public.
Now, finding the best deals isn’t easy. There are a lot of bad deals out there. It takes real research to separate the good from the bad. JPMorgan has a multimillion-dollar bankroll and armies of analysts to find these types deals.
The other drawback is, you can’t buy private startups from your brokerage account.
That’s why I’ve been working my network of insiders for the past year – looking for the best private deals for 2020. You can learn more right here…
Let the Game Come to You!
Editor, Palm Beach Daily
P.S. In the second half of 2020, we’ve seen more than 240 IPOs so far. Nearly half of them have come from biotech/biopharma. It’s the hottest group of the red-hot IPO sector.
And I’ve found a company that’s synthesizing compounds from a popular plant… patenting the new form… and bottling it to treat diseases like multiple sclerosis.
And the Food and Drug Administration has granted this compound “orphan drug status.” That means the company will have a seven-year monopoly to sell the drug.
Just how valuable is a seven-year monopoly? Bayer is still the No. 1 seller of aspirin, and its patent ran out over 100 years ago. That’s the power of being first.
Our research suggests a 30x return could be a very low estimate. High-side projections suggest we could see gains as big as 50x.
Here’s the catch: I don’t know how long this opportunity will last or if it’s even right for you. That’s why I put together a special presentation on this idea so you can make up your own mind.
You can watch it right here… But you must act quickly. It goes offline soon.