Adam O’Dell recently did an interview with Julie Moore on the Money & Markets website dubbed the “10X Fortunes Summit,” where he discussed three of his top picks.
In short, it was essentially a pitch for O’Dell’s new service, 10X Fortunes. And the only way to know what his picks are is to join this service for $995 and see the “10X Fortunes Uncovered” report he put together that breaks each pick down.
However, O’Dell shared some clues about his top three picks in the presentation, which are all small-cap companies that he believes could see 1,000% gains.
He described the first company as his “No. 1 fintech” pick, his second pick is a biotech company, and the third company is in the biofuel space.
I’m not sure what his third pick is because O’Dell shared virtually no clues about it, but I did manage to uncover the other two stocks. So let’s dig into those now.
Adam O’Dell’s “10X Fortunes” Stock Picks
In this section, I’ll break down the clues Adam O’Dell shared about the companies he teased in the 10X Fortunes presentation and show you what I think each one is.
1. Fintech Company (O’Dell’s “No. 1 Fintech” Pick)
O’Dell said that his first pick is a fintech company:
“It’s a fintech company … in the financial technology space.”
A financial technology (fintech) company is basically a tech company that operates in the finance sector. And in the presentation, O’Dell said that his top fintech pick “could be like RIOT” (Riot Blockchain), a bitcoin mining company he mentioned several times.
He also mentioned Hive Blockchain, Block, and Grayscale, which are all pretty well-known in the bitcoin space, which suggests his pick is bitcoin-related.
“Right. And I’ve already shown you how my research found other fintech companies that have shot up more than 10X … HIVE has gone up 2,200%, Block has gone up 2,900%, Grayscale has gone up 4,500% and RIOT has gone up 6,100%.”
[…]
“So, mark my word, I believe 1,000% gains will only be the start.
It could be like RIOT, and shoot up over 6,000%…”
Based on those clues, my initial thought was that O’Dell’s pick was a bitcoin miner, and as I looked further into his clues, my suspicion was confirmed. But before we get to that, here’s a summary of the remaining clues he shared in the presentation.
But, the $20 fintech stock I’ve found for our viewers today, could be even bigger — much bigger, than all of those.
[…]
“Well because this tiny company has recently become one of North America’s largest suppliers of a key component in fintech’s most popular niche. And, you know how I’ve been showing you the revenue from these other companies … and how they’ve been going up 50% to 100% a year?
Well, take a look at this…
My No. 1 fintech company’s annual revenue grew about 200% in 2020 … but last year, it shot up 3,350%…”
[…]
“In fact, it’s down about 80% year to date…
And my team and I have been waiting, patiently, for the perfect moment to buy. And right now … TODAY … is that time.
Because the institutional money is FINALLY moving in…
For instance, Charles Schwab, Vanguard and BlackRock have all recently increased their positions.
As have Jane Street Capital, which increased its ownership, by more than 300%.
And Renaissance Technologies, which, amazingly enough, expanded its ownership by more than 800%…”
What could O’Dell’s pick be?
Based on what he said in the presentation, we know it’s a fintech company trading at around $20 per share that’s down “about 80% year to date.”
We also know at what rate the company has increased its annual revenue over the past couple of years and what institutional investors own shares in it.
Those clues are quite specific but still left a lot of possibilities on the table. So I followed up on my suspicion that O’Dell’s pick could be a bitcoin mining company, and that’s what led me to Marathon Digital Holdings (ticker: MARA), which I think is the one.
Why do I think that’s his pick?
Firstly, because Marathon is one of the largest bitcoin miners in North America. I know this because I’ve spent quite a bit of time researching this space (I own shares in a different bitcoin mining company and hold bitcoin itself). And he already mentioned that the company “could be like” Riot Blockchain, another large bitcoin miner, so I knew it wasn’t that.
So when none of the other clues O’Dell shared led anywhere, Marathon was the first company I checked. I also thought of checking Riot (another large miner), but he already mentioned that it “could be like” this company, so I knew that wasn’t his pick.
So, long story short, Marathon was the first bitcoin miner I checked.
And after checking the company’s revenue against the clues O’Dell shared, I found that it matched what he said. According to Yahoo Finance, Marathon Digital Holdings increased its annual revenue from around $4.35 million in 2020 to over $150 million in 2021, which represents a roughly 3,350% increase year over year.
What’s more, the stock is down “about 80% year to date” as of writing, as O’Dell said.
As for the clue about its stock price, MARA is currently trading (way) below $20, so I’m not sure why he referred to it as a “$20 fintech stock.” But it all depends on when the presentation was recorded, as the stock has traded down a lot in the past month.
Lastly, all of the institutional investors O’Dell mentioned own shares in MARA, and the clues about Jane Street Capital and Renaissance Technologies increasing their ownership stake matches what’s shown on stockninja.io. Although, as a side note, that same page shows that Renaissance Technologies trimmed its position earlier this year.
Nevertheless, Marathon Digital Holdings (MARA), a bitcoin miner, appears to be Adam O’Dell’s “No. 1 fintech” pick as it matches the clues he shared.
What is bitcoin mining?
Explaining how bitcoin mining works could easily be a lengthy blog post in and of itself if you really want to get into the weeds on it. So I recommend seeing the Investopedia article I just shared for a full breakdown.
That said, the short version is that bitcoin miners help secure the network through a consensus mechanism called Proof of Work. And Marathon runs data centers in the U.S. chock full of ASICs (bitcoin mining machines), which are used to mine bitcoin.
I am not an investor in MARA myself, but I do believe strongly in the future of bitcoin, and I own shares in a different, lesser-known bitcoin mining company. So I am interested in this space in general, and it’s an industry I follow more than most.
In any case, regardless of what O’Dell’s pick is, there’s no guarantee it will make you money, let alone “1,000% gains” or more. It’s easy to get excited looking at charts and thinking about the possibilities, but nobody knows how well ANY stock or asset will do in the future, which is why I always suggest taking these presentations with a pinch of salt.
2. Biotech Company
Adam O’Dell’s second pick is a biotech company, and this time, he provided lots of clues, which made uncovering his pick relatively easy.
To start with, he said that the company has a market cap of around $300 million and discussed two deals it has made with other companies.
“This second company is at the center of another mega trend we’ve already talked about today: biotech.
[…]
This tiny company has a market cap of a mere $300 million … believe me — that’s tiny. And, listen to this, my team discovered that they just signed a new deal with Pfizer that could be worth $630 million and another deal with yet another large pharmaceutical company that could be worth $1.7 billion.”
Next, O’Dell discussed its institutional investors:
“And again, the institutional money is beginning to flood into this stock. With institutional investors such as Morgan Stanley, Jane Street Group, T. Rowe Price and Tower Research Capital all getting in. Even Bank of America and Wells Fargo own a stake.”
Third, he talked about the CEO and said that the company just had a “DNA-based gene therapy approved for clinical trial.”
“To top it off, this company has a CEO with an incredible background. This guy has done it all. He’s been an executive leader at multiple biotech firms for the last 20 years…
He’s personally developed new drugs for serious diseases, ran a clinical fellowship at Massachusetts General Hospital … and he has degrees from both Harvard and Stanford.
Now he’s leading this biotech company to develop treatments for diseases like Parkinson’s and Alzheimer’s.
Plus, this company just had a new, DNA-based gene therapy approved for clinical trial with the FDA that should send its stock price soaring.”
And lastly, O’Dell said it’s trading for under $10:
“It is. Especially while this stock is still trading for under $10. But it won’t be for long. And with this biotech stock, 1,000% gains could easily just be the start. So, you’ll definitely want to get in right away.”
The first thing I did was look into any $630 million deals Pfizer has made, as that was a very specific clue. And this led me to an article on pharmaceutical-technology.com that says Pfizer has signed a $630m license agreement with Voyager Therapeutics “for novel capsids to develop gene therapies.”
Not only did that article confirm the clue about the $630 million deal, but O’Dell mentioned that his biotech pick was in the gene therapy space, which is what the deal involved.
I also looked into the clue about the $1.7 billion deal, which matched Voyager Therapeutics. And based on my research, the clues about the company’s CEO and institutional investors match what O’Dell said, too.
As for the company’s market cap and stock price, Voyager Therapeutics (VYGR) is trading at under $5 as of writing (June 2022), and its market cap is under $200 million.
These numbers are lower than what O’Dell suggested, but it depends on when his “10X Fortunes Summit” presentation was initially recorded. Chances are, the numbers O’Dell shared were closer to what he said at the time of recording, which I’m guessing might’ve been sometime within the past few months.
In any case, Voyager Therapeutics (VYGR) looks like O’Dell’s biotech pick.
3. Biofuel Company
Adam O’Dell’s third pick is a bit of a mystery as he didn’t share many clues about it. All he said was that the company “is leading the race toward a global, renewable future with biofuels” and that it’s a “small-cap company” (market cap of under $2 billion).
“This is my favorite one. This company is at the forefront of another mega trend we’ve already discussed: renewable energy.”
[…]
“And this third, small-cap company I’ve found for our viewers today is leading the race toward a global, renewable future with biofuels.”
Other than that, the only other clue we have to go off is a chart O’Dell shared of the stock he’s recommending, which suggests it was trading at a rough ballpark of around $50 in March/April of 2022.
I looked through a bunch of small-cap companies in the biofuel space to see if any matched the chart he shared, but nothing came up. So I’m not sure what this company is.
That said, it’s pretty easy to find out. All you need to do is see O’Dell’s report called “10X Fortunes Uncovered,” as this is where he breaks down all three of his picks.
There’s a catch, though. The only way to access that report is to join his paid service, 10X Fortunes. So let’s take a look at what this service is all about.
What Is 10X Fortunes?
10X Fortunes is a new research service run by Adam O’Dell of Money & Markets that is focused on companies that he believes can “hit 1,000% gains in a year.”
According to Adam O’Dell, his “No. 1 goal” with 10X Fortunes is to help people make a “ton of money,” and it’s meant for people who want to see fast gains.
“My No. 1 goal with 10X Fortunes, is to help everyone watching make a ton of money.”
[…]
“This service … 10X Fortunes … will become my legacy … the only place I’ll share my elite, profit producing research on stocks that I believe can make the biggest and fastest gains possible. 1,000% or more.”
[…]
“And I only want the most ambitious, profit seeking readers to be a part of it. 10X Fortunes is meant for people who are serious about getting really, really rich — really fast.”
That last sentence about getting rich fast made me very skeptical as it almost sounds like the service is catering to people who want to win the lottery, not invest.
Nevertheless, as the name suggests, O’Dell’s 10X Fortunes service is focused on small-cap stocks that he believes could go up 1,000%.
“That’s right. And I’m not getting in on IPOs or anything like that either. My 10X Fortunes will simply target stocks, then I’ll review and recommend them, and when all goes to plan, we hold them as they go up 1,000%.”
How does it work?
According to Adam O’Dell, “10X Fortunes is built around three key steps” that involve finding a “mega trend” to invest in, finding the “top stock to buy in that mega trend,” and “timing.”
O’Dell did elaborate more on his strategy in the presentation, but that’s the gist of it. He basically looks for small stocks in trending industries that he thinks could see a 1,000% upside. And he shares his top picks with subscribers each month.
“Sure… each month, my team and I will scan the universe of 6,000 U.S. stocks, filtering out everything except for only the best 1,000% opportunities my 10X Fortunes system identifies.
Once I identify the No. 1 stock — the one stock I believe is best positioned to hit 1,000% gains in a year…
I’ll put all the information you need to capitalize on this stock in a simple, write-up. I’ll clearly outline the opportunity and explain what action to take.
I’ll give you the stock name and ticker symbol … explain why I chose them … and give you exact buy recommendations, telling you what bid price I recommend.”
How much does it cost?
If you join the service through the “10X Fortunes Summit” presentation, a subscription to 10X Fortunes costs $995 as of writing. And according to the Money & Markets order page, the service automatically renews at $1,995 each year thereafter.
Is it legit and worthwhile?
I’m not a member of 10X Fortunes, and it hasn’t established a track record yet because it’s a new service, so I don’t know if it’s worthwhile or not.
I also suggest taking the presentation with a pinch of salt because there’s no guarantee you’ll get “really rich” in any amount of time, let alone “really fast.”
At the end of the day, no service can guarantee you’ll make ANY money at all. And since investing is risky, there’s even a chance you could lose money.
With all that said, and even though I would never recommend joining any service hoping to get rich quick, I don’t believe 10X Fortunes is a scam.
Recommended: Go here to see my #1 rated stock advisory of 2024
Who Is Adam O’Dell?
Adam O’Dell is a former hedge fund manager and runs the 10X Fortunes service, as well as numerous other Money & Markets research services. His flagship advisory is called Green Zone Fortunes, and two others include Wednesday Windfalls and Home Run Profits.
Also worth noting is that O’Dell appears to have once run a service called 10X Profits, which is no longer around, so it seems 10X Fortunes might be a re-brand of this service.
In any case, before Money & Markets, O’Dell was an analyst over at Dent Research before it was acquired by Agora, a large corporation that owns many smaller financial publishers.
And aside from being a hedge fund manager, O’Dell’s background appears to be largely grounded in technical analysis, which involves analyzing patterns in the market with the aim of identifying trends and predicting price movements.
As for what other companies he’s recommended, O’Dell shared numerous examples of his picks in the presentation, and I’ve uncovered several of his stock teasers on this site.
For instance, before this, I wrote about his “No. 1 x.AI company” (biotech pick). And before that, I wrote about his Infinite Energy stock picks. So if you want to know what other companies he has teased recently, check those out.
Bottom Line
Adam O’Dell’s “10X Fortunes Summit” presentation centered around three companies he’s bullish on, which are all detailed in the “10X Fortunes Uncovered” report he put together that comes with a subscription to his service.
One of his picks is a fintech company, another is a biotech stock, and the third company is in the biofuel space. We just discussed what his first two picks might be, but as for the last company, O’Dell didn’t share many clues about it, so that one’s a mystery.
Still, two out of three ain’t bad.
So I hope you found my sleuthing helpful.
And before I wrap this up… please, whatever you do, don’t join any service, not even the ones I recommend, hoping to get rich overnight as that will likely end in disappointment. Instead, try to think long-term, always do your own research, and at the risk of sounding cliche – never invest more than you can afford to lose.
Thanks for reading.
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