Froth and speculation is saturating the market. Penny stocks are double and triple, but then going back down. Gary predicts these stocks will go down about 80% when it’s all said and done. The president of Kaltbaum Capital Management, Gary Kaltbaum, is calling it a form of fraud with the SPAC system.
Investor’s Edge with Gary Kaultbaum can be heard weekdays on MoneyTalk 1010. Gary Kaltbaum is a registered investment advisor with more than 30 years of experience in the markets. He is the owner and president of Kaltbaum Capital Management, a financial investment advisory firm headquartered in Orlando, Florida. He is a Fox News Channel Business Contributor regularly appearing on Fox News Channel and the Fox Business Network. Gary is the author of the book “The Investors Edge” and is also the host of a nationally syndicated radio show with the same title “Investors Edge” which is broadcast on numerous stations across the U.S. The show is also available on demand and airs live 6-7 pm EST Monday-Friday. Past shows can be heard online at garykaltbaum.com.