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TheStreet Open House

Stone Temple Pilots' Robert DeLeo Talks 'High Rise'

Talk for minute about the changing role of major record labels ...

I had the honor being on Atlantic Records. To be a part of that family, people like Ahmet Ertegun -- there was a great history to that label, and to be part of that was an honor. It's a different world now . . . we made this record in my basement, on our own label, Playpen Records.

We were working on Out of Time, and I just had to stop. "Do you realize where we are? We're grown men down in the basement!" Just thinking about how many times as a 12-year-old kid we'd be down in the basement, making music -- it's really come full circle. I understand it took three years to build that studio...

(laughs) Let's just say my wife is very patient.

Any chance for a revival of the live acoustic set?

We were thinking about that, but this is our first tour, and we've done so much in a short time already. Everything is so rushed right now -- since April, we've been working hard to put together something we really love. From the live shows, the single, the EP, and everything in between, we're the busiest we've ever been. We want it to be the greatest it can be. We want to do this next chapter of STP right.

-- Written by Ed Ponsi in New York

Ed Ponsi is the managing director of Barchetta Capital Management, an NFA-registered commodity trading advisory, and also provides educational services through EdPonsi.com. An experienced professional trader, Ponsi has advised a variety of hedge funds and institutional traders. Ed has appeared on CNBC more than 100 times and has been profiled in magazines such as "Technical Analysis of Stocks and Commodities" and "The Traders Journal." He is the author of Forex Patterns and Probabilities, a top-selling book on currency trading and The Ed Ponsi Forex Playbook, which was endorsed by Steve Hanke, professor of applied economics at The Johns Hopkins University. Ed's books have been published in English, Vietnamese, and simplified Chinese.
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