Is the “Goose That Laid the Golden Egg” in Danger?

0 | By Wall Street Insights and Indictments Staff

Not hardly. Though the biggest names in tech are about to be grilled on Capitol Hill, Shah Gilani safely says that our tech darlings – Facebook Inc. (NasdaqGS:FB), Twitter Inc. (NYSE:TWTR), and Google’s parent company, Alphabet Inc. (NasdaqGS:GOOGL) – aren’t going to hit the chopping block anytime soon.

Meanwhile, on the latest episode of Varney & Co., the panel of experts examine the fate of Elon Musk. This week, Mr. Musk posted a fresh rant regarding the rescue of the 12 Thai children who were trapped in a flooded cave in July. Going ballistic via the internet isn’t uncharacteristic of Mr. Musk, and Shah concludes that Mr. Musk’s time of power is slipping like sand through an hourglass. It’s no longer a matter of if, but of when the U.S. Securities and Exchange Commission will come for him. Click here to watch

SEC Chairman Wants to Let More Main Street Investors in on Private Deals

1 | By Shah Gilani

A Wall Street Journal article from August 30, 2018, titled SEC Chairman Wants to Let More Main Street Investors In on Private Deals, (eerily similar to my headline…) really grabbed my attention.

As in, “Really?”

While it’s a good idea on the surface – letting retail investors buy unregistered securities in would-be unicorns (private companies with a valuation of over $1 billion) so they can get rich and be eligible under current regulations to buy into hard-to-value deals restricted to “accredited” investors – there’s no way to adequately protect them in the jungle of private placement offerings.

Here’s the truth behind why this isn’t the best idea…