Alex Reid of Wealthpin is teasing a new stock dubbed the “Patriot Power Grid,” which he claims could help us turn a $500 investment into a “retirement nest egg.”
“This Energy Grid Could Hand You the Chance to Turn a Simple $500 Stake Into what could Be A Retirement Nest Egg…”
Source: https://web.archive.org/web/20240924235728/https://get.wealthpin.com/pin_ar_wpp_ppg_ext_sp
According to Reid, it’s all part of the “biggest energy revolution we’ve ever witnessed in America,” and Sam Altman, Warren Buffet, and Bill Gates are pouring billions into it…
“All together, Sam Altman, Bill Gates and Warren Buffet have poured as much as $4 billion into the ‘Patriot Power Grid'”
Sounds exciting… but what’s it all (really) about?
And is it legit?
That’s what I wanted to know, so I decided to take a closer look.
And what I found was that Alex Reid is pitching an investment newsletter service he runs called Wealthpin Pro for $49. So that’s how you find out what company he’s teasing.
I didn’t join his service, but I did look into the clues he shared in the presentation to find out what stock he was teasing.
And in this post, I’ll show you what I found (including the name of the stock)!
Alex Reid’s Patriot Power Grid Stock Teaser
According to Alex Reid, the “Patriot Power Grid” is unlike any other energy source.
He claims it produces more energy than hydrogen, solar, and lithium…
“… the ‘Patriot Power Grid’ is an energy source unlike any other.
“It produces 73,000 times more energy than hydrogen…
“750,000 times more energy than solar…
“2,160,000 times more energy than lithium…”
And as the presentation continued, he talked about how it could even be a replacement for oil in light of recent geopolitical tensions and conflicts in the Red Sea.
“As you may know, the Red Sea is a key route for the oil trade…
“It connects the Middle East to the rest of the world, allowing America and other countries to import oil with ease.
“But recent geopolitical tensions and conflicts in the area have made this key route less reliable…”
Reid explained that, because of this, companies are now “ditching the Red Sea trade routes” and sending their oil tankers around Africa instead.
Which he says has “significantly increased the costs of transporting oil and disrupted America’s supply” in the process.
He also talked about how Russia, one of the world’s largest suppliers of oil, has been “cut off” from the West, and how the U.S. Strategic Petroleum Reserve is running low.
Long story short… he essentially claims that the U.S. could see an oil supply shock, sending the price of oil skyrocketing and setting the stage to replace oil with a new type of grid.
The so-called “Patriot Power Grid.”
And that “new” grid, as he later revealed, is nuclear energy.
More specifically, Reid is referring to Small Modular Reactors (SMRs), which are essentially smaller, less expensive, and safer nuclear reactors.
“Now, what I call the ‘Patriot Power Grid’…
“Is more commonly known as a Small Modular Reactor, or SMR for short…”
[…]
“SMRs have the ability to harness uranium’s energy potential to create enough power to last 10 billion people…
“For 10 billion years…
“Without releasing a single emission…”
[…]
“Not only do SMRs unlock up to 5 times more energy than large scale nuclear plants…
“They can also use existing nuclear waste like fuel, to produce even more energy…
“What’s more is that SMRs are 18 times cheaper than large scale nuclear plants…”
After all of that, Reid talked about artificial intelligence (AI).
In short, he pointed out (and rightly so) that AI requires a lot of energy, which means we need an affordable, reliable energy source to power all the AI data centers.
And he claims that SMRs can “provide that energy with no hitches.”
So, to sum it all up… Alex Reid believes we need a new type of energy grid to keep up with demand, and the “solution,” according to him, is Small Modular Reactors.
Oh… and there was also a part in the presentation about Donald Trump signing Executive Order 13972. And that, according to Reid, was where Trump helped “set the stage for the development of SMRs in America.”
So, Reid basically used Trump signing that to beef up his thesis.
Anyway… what company is he teasing?
Let’s take a look!
What Is the Patriot Power Grid Stock?
According to Alex Reid, the company he’s teasing develops “SMR solutions.”
And due to what we talked about earlier, he says he expects their share price to “skyrocket.”
“I expect their share price to skyrocket…
“Allowing you to grab an early stake in a company that I believe is gearing up to dominate the SMR industry for years to come.”
Take that with a grain of salt because no one can predict what the share price of any company will do in the future. But safe to say – he’s bullish on this stock.
What clues did he share about the company?
Other than saying it’s a company focused on providing advanced nuclear power, he said it has 57 employees, that the Department of Energy has awarded it four projects valued at $17.6 million, and he dropped some hints about the company’s CEO…
“This company currently has just 57-employees.”
[…]
“… the Department of Energy has awarded it four projects to the tune of $17.6 million.”
[…]
“… the CEO is a genius who’s been working with nuclear technology since he was a child.
“He was still in high school when he started working with world-leading experts at Sandia National Labs…”
He also talked about the company’s chairman:
“… the company’s chairman may be even more impressive.
“This billionaire tech leader is one of the most influential entrepreneurs in the world right now.
“He founded a company that created one of the fastest-growing products in history, used by 180 million people…
“And he’s helped catapult some of the world’s largest companies to success, including Airbnb, Dropbox, and Stripe.”
And lastly, he shared this quote from the company’s CEO:
“… the company’s CEO has gone on record to say that he believes the company could provide ‘energy at planetary scales for a billion plus years.'”
What could it be?
Alex Reid’s “Patriot Power Grid” stock is Oklo Inc (OKLO), a California-based advanced nuclear technology company.
How do I know this is Alex Reid’s pick?
Well, the truth is, I can’t say for certain it’s Oklo without joining his newsletter and reading the report he put together about his Patriot Power Grid stock.
Specifically, the one titled: “Patriot Power Grid: Target Profits From the Tiny Company About to Power the World.”
But this looks like the one.
And here’s a quick overview of why I say that:
- The quote Alex Reid shared (above) lines up with what the CEO of Oklo said, as reported in this Yahoo Finance article.
- Based on this press release on the company website, the clue about the DOE project awards appears to line up.
- And lastly, since 2015, Sam Altman has served as chairman of the board of directors at Oklo, which lines up with Reid’s clue about the company’s chairman.
What does the company do?
According to the company website, it is developing “next-generation fission powerhouses” to produce affordable, abundant clean energy globally.
Its flagship powerhouse (AKA nuclear reactor) is called Aurora, which can produce 15 MW of power (which they say can be scaled up to 50 MWe) and can run for a decade or more before needing to be refueled.
That’s the gist of it, anyway.
And from what I understand, the company doesn’t actually make SMRs. Instead, it makes compact fast reactors that aim to provide safe, affordable, clean energy.
I can’t tell you whether or not it’s a good investment idea, as that’s something only you can decide. But at least now you don’t have to join Wealthpin Pro for $49 to find out what Alex Reid’s stock pick is.
Recommended: Go here to see my #1 rated stock advisory of 2024
Bottom Line
I tend to agree that nuclear power will play a significant role in helping the U.S. meet its energy needs in the future. And I think any advancement toward making nuclear safer, cheaper, and more abundant is a great thing.
That said, no one knows for sure what technologies will prevail if and when nuclear power adoption does grow, much less which stocks will benefit most from this trend.
So, I would highly recommend taking the presentation (and all the hyped-up claims Wealthpin makes) with a grain of salt.
Anyway, I hope you found this helpful, and thanks for stopping by!
You sir are a Legend !
Thanks Tim That was great info. Carole