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The SPAC subreddit is happy about it. Given what we've seen with other EV companies lately I'm going to hold.
I've been holding XOM (and even accumulating) like an idiot for a couple years and breathed a sign of relief when it turned green in my account. And that isn't even counting dividends which means I'm up a chunk though much less than the broader markets. I am still holding but might pare 100 shares or so if it reaches the mid 50s. I don't mind owning some of it but I accumulated a bit too much since it was so hammered.
Adding a shoutout to Todem who could not have pimped that name any harder. The trick in life is to find the right folks' coattails to ride and he's one of them, at least as far as investing is concerned.
I can’t keep track of these EV companies. There’s 2-3 new ones going public every week. Doesn’t matter if they are three wheelers, scooters, buses, 18 wheelers, EV parts or old fashioned cars. It really is shaping up like the dot com bubble. I means the entire current vehicle industry is probably a market cap of a trillion. The EV vehicle market cap has just doubled that and the folks like Toyota, GM and Hyundai are near or at ATHs.
A former student of mine works in cyber security and he was pimping this hard back in September. I looked into buying it and did not want to jump through the hoops. That might have been short sighted on my part.
Just noticed these units are 1/2 warrants too, so lot's of upside. I'll read the S1 and more of news as the merger vote approaches. Holding for now.
LMND just doesn't give a ####. Still have my core position, gonna wait for earnings to determine if I add these back.
I didn’t buy BLDP (should have but too low on cash), but have the rest. I’ve got the same with AMZN but honestly not planning to sell. It’s fairly clear we are in a bubble right now. Retail investing is what our thread has become. There’s very little stocks we like long term and more what’s going to pop today. Don’t know when it will pop but right now I think I’m trying to still focus long term. Amazon and Microsoft aren’t exciting right now, but don’t be surprised when they have great earnings and some of these exciting companies have nothing.
Despite the stock doubling from the date of this post, today might be a good day to look at HGEN. Management is presenting at the big JPM conference tomorrow and clinical trial and other news can be expected very soon.
SPACs are getting damn expensive now even pre-merger. Used to be able to pick stuff up for maybe a 5-10% premium but now you have ones over 30-50% right after they are formed. I still have a few that haven’t merged and they are still up 10-15% from those early days where you got them close to $10.
was it after hours?Are getting SPAC fills harder than regular stonks? I had a order in at $20.50 to buy NOVS since yesterday, it opened up today at $19.40 but didn't get filled. Of course now it's $22.78.
I also have a pretty damn strong track record at scouting players for dynasty fantasy football.
Yeah, this is a long term hold for me. I actually added on the prior dip. Thinking years on this one, not sweating the crazy swings.
If we were able to pick the biggest companies we thought would be worthless in 5 years, this one would be my bet. By the end of this year, I think food deliveries will drop a bunch and every restaurant you know will have curbside delivery through any of the millions of web sites that offer that. I could see companies like Shopify that provide merchants with web sites to add a few options and host restaurant web sites. It would be a piece of cake.
I own that, is this good? Mad I bought that SPAC in my taxable account. Planning to wait until June or just keep holding.
So mad I got out of it. Doubled my money but could have quadrupled it. Heck, I brought that darn stock in here back in like April or so. A few opportunities to jump back in still in the 30s. I probably will bite the bullet eventually but hoping for a general dip again. I know the MF recs are the reason for the jumps so that luster might wear off for a bit at some point.
Yeah, I wrote a handful of Jul $55 puts in addition to my shares. Nice premium. Actually still a pretty decent premium, even after that pop. It's just always startling to see something do in a few weeks what you're prepared for it to do in 6-12 mos (see FSLY)
Apparently the pop might have been caused because someone paid Carol Baskin from Tiger King to mention it on Cameo.
yea apparently someone paid them $299 to slip that into netflix.. Thats all it takes?!?! We need a CYDY slip on some House episode. I did read theyre expecting some yuge new product/results out in march so its muy interesante
