Why I’m having a caviar hot dog pool party this weekend

I am, embarrassingly, becoming a bit of a Palm Beach socialite. The Cigar Lounge is where I make my network now, and the people who hang out there are not posting their portfolio on TikTok. They are the ones whose decisions move companies before any of us hear the name.

One of them dropped Cerebras (CBRS) on my radar before the IPO was public, and my radar started going off the moment I heard. I got the allocation, watched it open, took my double right into the rip.

I am still holding a piece. Of course I am. But I covered most of the gain because I am not greedy and I knew exactly what was coming next.

What was coming next…

Most IPOs rarely rage, it takes weeks sometimes months for them to find their footing.

Look at META, UBER, and the list goes on.

Of course, the market got smacked Friday.

And while CBRS pulled back almost 5%. I was able to make some money in our Game Plan trade.

But the IPO hype game is real. Especially when you hear stuff like the “Nvidia Killer.”

Most people wait until they hear about the stock on CNBC, pile in on Day One because the chart looks vertical, and end up bag holders when the institutional money that priced the deal starts taking profits.

Smart money got allocated at $185. The crowd showed up at $350. By Friday it was $280.

That gap right there? That gap is the entire game.

If you can see what is happening before the everyone else does, you do not have to predict anything. You read it. You ride the coattails of the people who already knew.

This is why I travel and go out.

For now? Pool is open, champagne is cold, hot dogs are calling.

See you Monday.

Rock On,

Voz

P.S. The Palm Beach crowd is not posting this stuff on TikTok. They are the radar. Game Plan is where I turn what I'm picking up in rooms like that one into the trades I'm actually putting on — so you are reading it before CNBC catches the smell.

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