Together in a big stimulus deal. Dont lose track on betting of georgia runoff elections, very important. Trump attorney Rudy Giuliani is in the hospital after testing positive for coronavirus but the fight against election cause continues. Well get the very latest from trump attorney jenna ellis. All that and so much more on making money. Charles well, before i get started, rather, i i want to gie a shoutout and thank you very much to my friend david asman who rocked the house last week when i was out. It seems like a quiet start to the week. Tell you folks there is fireworks underneath the surface a string of highprofile ipos will make their debut including doordash and airbnb later in the week of the question on everyones mind should they chase them out of the gate . No one has a way to play this. Other than the fool theory, if someone doesnt buy it, i will buy it. How do we go about this . Here to hash it out, new constructs ceo david treanor. David, price range of 56 to the 60. This is critical because just last week it was 40 to 60. Doordash hiked range to 95 t was 85. No doubt these stocks will explode out of the gate. Are you going to be a buyer . No way. Dont buy into the ipo hype. Especially doordash. We dont believe that business will be around in a few years. How many Million Dollar pizza delivery drivers do you know . Airbnb has a Business Model that can make money. Their valuation is much more reasonable but we think doordash is the most ridiculous ipo of 2020. By the way the most ridiculous of 2019, we called that wework. It actually never got done. We have a good track record. Charles youre compare being, are you saying it is that awful . Spy really am. Lets face it. They dont make any money now. They havent made any money. When will they make money in this environment . Margins, 15, 20 . Lets say all of sudden they make a lot of money do you think the Restaurant Companies will say you can have all those profits . Theyre damned if they do, damned if they dont. This is just, a very greedy Silicon Valley play on the work from home movement. Charles let me touch base, follow that lead because i dont think it is just a work from home movement. Silicon valley has been exhibiting the type of freed wall street should envy. Put them in the incubator same people get the same bite at apple. And they do it again and again and again. These companies become household names and again and again. Theyre not earning money but they have raised money all the way up from a dollar to 100. All of sudden they tell the public, hey, you want a piece of the action . I dont like that i think its wrong. I agree 1000 percent. We said this in our report about doordash. This is just a way for private investors to shift the risk off their Balance Sheet to unsuspecting public investors. It is definitely a game. Theyre often bidding against each other. We saw that with wework. The niche valuation very low. Softbank and other big firm selling it and buying back to each other, each time marking up on their books. With wework they tried to sell the deal to the public at 40 billion. Within a few weeks of that ipo shut down, softbank marked it down to under 4 billion on their own books. Individual investors american public, tough be careful. Charles yeah. Thats criminal. Thats criminal. We have got less than a minute. I want to pick your brain so we can run through them. There is another hot ipos in the queue. Instacart a buyer. No. Valuation is awfully high. We dont the financial yet so dont know for sure. How will we make money packing groceries into carts . There is not a lot of margin there. Charles robinhood . We dont have the numbers there either but the average assets per account is way below all their competitors who sold at similar prices to robinhood. We think that is a little expensive. Charles do the next lee fast, if we can, my granddaughters favorite website, roblox. That is the most reasonable on your list. That is one thinking about close to getting invested in. Charles real quick. Before i let you go, facebook was disaster. Lyft was a disaster. Uber was a disaster is there a magic formula waiting for the hot stocks to go down and picking the stock on that dip . Is there some formula for that, david . Wait for the ipf lockup is expired. Wait until the insiders are having a chance to sold. If theyre willing to hold you should be willing to buy. Otherwise dont ever buy it. Charles appreciate your wisdom there. Thank you, david. My pleasure. Charles folks, not just hot ipos but investors looking for a deal out of congress to help propel the market higher. The question maybe there is too much optimism. I want to bring in Money Map Press chief strategist shah ghailani and rose crest. We had a ipo discussion with dave treanor. Any ipos on the your market this week . Great to see you. Real easy to pick a ipo coming out on valuation. Tell me a ipo trading at 10 times earnings . When you look at names, doordash were not buyers of but the reason is we had a very large position in postmates, one of their competitors that was acquired by uber. So i think every shingle one of these deals, charles, if you have a longterm time horizon are great, cuttingedge businesses. They dont all work out but these are companies that are changing the way people are living their lives. Theyre making peoples lives better. To pick them apart on valuation is easy but some of them will be big winners in the very near future. Charles right. I like what you just said there. That is a great thought. Shah, are you buying any of these names as we go into the end of the year with this big ipo boom . Im going to agree with mike to a degree. I am however, knock the valuation side of this. I think longterm i like airbnb, would be a buyer long term. I think it will be a little overpriced, 42 billiondollar valuation. Dont forget in the middle of the pandemic they took investor money valued at 18 billion. Before that they were at 30 billion. 42, 20 plus percent its highest value. I would wait on it. I like it a little lower. Would buy it long term. Doordash wouldnt touch with a 10foot pole. Charles so, what do more and more wall street firms, paul tudor jones, newsletter writers, institutuionnal investors, individual investors what do they all have in common . Right now theyre extremely bullish. Shah, is that scaring you . It is getting a little frothy out there for sure. As long as earnings can catch up to the expectations of investors, analysts a lot of brokerages, banks have, that will be great. Were a long way from that just because weve had a couple of quarters where earnings were better than expected we still have the Fourth Quarter which may be a little tougher. Then well have comps next year that will get even tougher. I think earnings can catch up. I think the multiples can be justified. Right now its a little frothy. However that being said you dont want to sit on the sidelines. I will not who said it as you probably all know as long as the music is playing you get up and dance. Charles mike, you were excited when all the extras were running for hills. With the experts running into the market are you going to run for the hills . No. I think it is getting frothy for sure but that will change too, charles. So all these people who are saying buy now, give them a month, two months, they will find a reason whether it is covid, vaccine delay or something too political they will change their tune. Stay long the market. The u. S. Market especially. People running for emerging markets i dont like that. I like the play, long u. S. , new highs coming. Charles im with you 1000 percent on that play which has not worked since 2011. The race in the senate, the Senate Georgia races there are two runoffs. The betting is starting to drift a little bit. Betters still believe the republicans will win. In fact sweep but if that starts to change im a little bit concerned about this working out, mike. Are you watching, are you watching the numbers down there at all . Yeah. Im watching it im also concerned, really charles, take a step back, a few months ago i would have been concerned if you told me joe biden was getting 80 million votes and would be the president elect. We will get past this as an investor i will not sell based on that even if it goes against republicans. I know it could line up, there could be a lot of dominoes to fall after that but im staying long this market regardless what comes out of georgia. Charles real quick, shah, what are you hot on right now . Were back in the work from home stocks in a pretty big way, charles. I picked up positions in ring central, picked up [inaudible] bought more microsoft on the dip here. Some of these stocks look very good because they have come down and valuations are compelling relative to their prices here. I also like automation and robotics. We like Rockwell Automation and irobot. There are bunch stuff were picking up across the board a lot of stocks out there with compelling valuations. Even though some are looking pricey we think they have a long way to go. We told you guys the market has a lot higher to go. Charles shah, mike, two of the best, glad you helped me kick it off on my first day back in over a week. One of President Trumps lawyers is calling this a big week for Election Integrity. Shes next and she will give us the very latest on trumps legal efforts, teachs legal efforts. Later on the california lockdown is shocking in hypocrisy even by california standards. How Business Owners are struggling under these lockdown owners. Well be right back before discovering nexium 24hr to treat her frequent heartburn, marie could only imagine enjoying freshly squeezed orange juice. Now no fruit is forbidden. Nexium 24hr stops acid before it starts for allday, allnight protection. Can you imagine 24 hours without heartburn . How did you find greatgrandmas recipe . Were related to them . Were portuguese . I thought we were hungarian . Grandpa, can you tell me the story again . Behind every question is a story waiting to be discovered. It was a rigged election. You look at the different states, the election was totally rigged. It is a disgrace to our country. It is like a third world country, these ballots pouring in from everywhere using machinery nobody knows ownership, nobody knows anything about. They have glitches as they call them, glitches. Glitches are not glitches. They got caught sending out thousands of votes. Charles President Trump railing against the election and alleged glitches and his legal team says, he and his legal team took votes away from them. A judge is allowing a audit, of 22 dominion voting machines. Anter rim county, michigan, this is lawsuit not related to the president ial election. I want to bring in trump 2020 Legal Advisor jenna ellis to help hash this all out. Judge, what does this particular ruling mean for the trump team and the bestcase scenario, how does it improve President Trumps chances . This is really important, charles, because we have an independent team that is there that has gotten all of this imaging and they spent eight hours yesterday doing that forensic audit. We anticipate having the results by tomorrow. This is incredibly important to the Election Integrity effort as a whole. This is not just the Trump Campaign interested in having answers to these machines. Were they connected to wifi . Why did socalled glitches happen . What really is the system that is behind all of this . As the president said in the clip that you just played we have these machines that are tallying the vote of the American People and we really dont know exactly how they are tallying that. We have very critical questions that deserve answers. This will give us some answers within the next 24 hours or so. Charles in the meantime it appears that the team or strategy is shifting a little bit focus away from potential legal path to legislative path. Walk us through that scenario. How that ultimately could give President Trump the electoral votes he needs . We do have the two parallel paths were continuing into the judiciary. I do anticipate well get into the supreme court. A lot of emphasis has been on that. Im glad you raised the legislative question because that is it what mayor giuliani has been focused on, telling state legislators, telling them he have the constitutionally delegated authority to make sure that they select their delegates in the man theyre does not allow for corruption. When all of these rules and laws in their states have been ignored, it is actually their constitutional obligation, responsibility and exclusive power to make sure that they take back their delegates and they dont allow these false certifications to simply move forward. Were confident at least in georgia and hopefully also in arizona and pennsylvania and also in michigan that these state legislatures will really take Election Integrity very seriously. They will reclaim their delegates before the 14th and that they will then do their own Election Integrity independent investigation. They will certify to the Electoral College that delegates actually reflects the will of the people, not these false, corrupt results. Charles jenna, i have just got a minute to go. I have noticed that youre posting more and more scripture on twitter lately. It seems like the battle, the mocking, all of the things that youre going through of course, Rudy Giuliani now having covid19, pretty tough. Im curious how youre holding up, how you maintain this level of optimism . I appreciate that, charles, you know, my life is in service and honor to the lord jesus christ. Whatever anybody else says really doesnt bother me. I hope i can be a light inspiration to anybody else no matter what anybody says but, who you are a person made in the image of god and christ, ultimately at the end of the day, as long as i know im pursuing truth and im dying the right thing for god and country. That gives me my optimism and hope. I appreciate you asking that. Charles jenna, thank you very much. Well talk to you real soon. No matter the legal outcome more than 74, 75 million americans voted for President Trump. Now the media and liberal left want to do more to display their disdain for the folks. Some say lets reprogram them. Others are looking to punish them. Congressmanelect Burgess Owens will react to that next. Californias lockdown is putting further strains on small Business Owners especially women. We have the details when we come back. We made usaa insurance for members like martin. An air force veteran made of doing whats right, not whats easy. So when a hailstorm hit, usaa reached out before he could even inspect the damage. Thats how you do it right. Usaa insurance is made just the way martins family needs it with hasslefree claims, he got paid before his neighbor even got started. Because doing right by our members, thats whats right. Usaa. What youre made of, were made for. Usaa were made for. Metastatic Breast Cancer is relentless, but im relentless too. 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Charles in the aftermath of the election the left has been decide itself with the fact that nearly 75 million americans voted for President Trump. This has many to just drop the pretense, right, more openly display disdain for trump voters. Others are stepping up their war against trump voters. More compassionate folks on the left are saying you know what . Lets deprogram the trump supporters, suggested in a piece ironically was featured in free speech org. How do you deprogram 75 million trump voters. Nfl football star, business own, congressmanelect Burgess Owens. I read so many articles saying essentially go to war to women voters. I ask you how are trump voters will respond to the open disdain . It is no longer a hidden secret, not that it ever really was . So good to talk with you again. This is where the left falls short. They have no idea who the American People are. Famous saying that the admiral, attacked the japanese admiral attacked pearl harbor, he said later i fear we wakened a sleeping giant. What the left doesnt understand the last year they have attacked our system, our faith, our ability to go into business, to have e