Sean, after you left UWR, I purchased HASI based on recommendation from another investor of another newsletter, whom I won’t name here. I was wondering what your take is on this stock for the future? It is Hanson Armstrong.

Sorry, that is Hannon Armstrong.


Yeah, that was the guy that replaced me at UWR, who had a TOTALLY different investing philosophy. He's a momentum investor (that takes huge risks by buying high in hopes that it goes higher) and I'm a value investor (buy low, sell high). His stock has very little cash on its books, no earnings and super high debt. I'd never get someone into a stock like that.

So I can't tell you when to exit that stock because I'd never have you in it in the first place. But it is a HIGH risk stock because they have very little cash. Most of his picks were fundamentally unsound. https://finance.yahoo.com/quote/HASI/key-statistics?p=HASI

By the way, that guy is no longer with the Ultimate Wealth Report any longer.

Thanks Sean. I’m not surprised he is no longer there. I appreciate you taking the time to respond. I only got one of his picks. I didn’t like his attitude or his investment style. So thankful you found a new platform. God bless.


Yeah, in his style, he just hops on a train that's already moving (no matter the quality of that train)...but when it turns, it turns on you like a rabid dog. That's why I don't like that style. To me, it's very speculative with people's money.