AriGold2.0

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Posts posted by AriGold2.0


  1. Example company that I have a lot of interest in.

     

    Jaws Acquisition Corp. (JWS-UN) - SPAC company with no merger announcement yet. JWS has 24 months from prospectus (May 11th, 2020) to complete a merger (EXP May 11, 2022).

     

    SEC Filing - https://sec.report/Document/0001193125-20-138799/

     

    image.png.9011bac3e6fce155b5f8bf51811cef6c.png

    "Get in early bonus". Currently if you purchase of 1 share it also includes 1/3 of a warrant. Be sure if you're purchasing shares to purchase in 3's. If you buy 2 shares then the fractional warrants will dissipate.

     

    It looks like Warrants and Class A shares should begin trading separately Monday, July 6th.

     

    "We intend to apply to have our units listed on the New York Stock Exchange, or the NYSE, under the symbol “JWS.U" We expect that the Class A ordinary shares and warrants comprising the units will begin separate trading on the NYSE under the symbols “JWS” and “JWS WS,” respectively, on the 52nd day following the date of this prospectus unless the underwriters permit earlier separate trading and we have satisfied certain conditions."

     

    You will have the option to convert your warrants to Class A shares but I don't recommend it as it appears you will pay income tax not capital gains on warrant conversions (Need to do more research on this).

     

    Now, the big questions.. What's the downside.. Well there is 2 bad outcomes..

     

    1. They merge with a bad business and the stock tanks. Doesn't happen often when the company has over 500M or over in trust. (JWS has 700M) (Check WTRH, 320M spac that tanked)

    2. 24 months expire and no agreements could come to fruition. In this situation $10.00 is left in trust for every class A share, warrants are worthless. Of that $10 an average of $2 per share goes to fees etc etc. But the 700M is sitting in a interest account so that will take some of the sting away.

     

    Sum it up.. On the majority of Spacs the downside is $8.50 redeemable per share if the company doesn't find a merger partner. Which is around 15-20%. Upside is... Well DKNG, NKLA, SHLL etc. BUT if you're not a patient person put your money elsewhere.

     

    -----------------------------------------------------

    Now some more info about JWS because I will be purchasing 500 shares tomorrow.

     

    https://www.jawsholdings.com/ 

    https://www.prnewswire.com/news-releases/jaws-acquisition-corp-announces-pricing-of-upsized-600-million-initial-public-offering-301059032.html

    https://finance.yahoo.com/quote/JWS-UN

     

    CEO Barry Sternlicht, Founder of Starwood Capital Group (private equity investment firm), Current Assets over 60B.

    As Chief Executive Officer, he executed several key acquisitions, including Westin Hotels, Patriot American and ITT Corp., and led the development of the W Hotel concept.

     

    Barry Sternlicht (CEO) recent comments about JWS:
    1. Looking exclusively at tech/ growth and capital light businesses 
    2. Looked at a target making $125m 2020e, $250m 2021e, $400m 2022e revenue (tech enabled mobile platform)
    3. Hopes to do deal very shortly - comments made in May
    4. Looking for something ‘sexy’ the public markets will like
    5. Looking at targets with EV from $2-8bn and can supplement $700m SPAC with additional PIPE up to a $1bn

     

    The company intends to focus on leading, growth-oriented companies across a variety of industries. We do not intend to target industries that are competitive with Starwood Capital Group Holdings, L.P., or Starwood Capital, which includes real estate, lodging, oil and gas and energy infrastructure. Investment opportunities will be sourced from the Founders proprietary network of operating network of executives, investors and advisors. The Founders will employ a disciplined and highly selective investment process and expect to add value to a target company through add-on acquisitions, capital structure optimization and operational improvements.


  2. Should I do a SPAC break down for companies that haven't merged yet ? Is anybody curious ? What you're actually purchasing and what the bottom $ would be in a worst case scenario ?

     

    Is anybody interested in parking their money for anywhere from 0-24 months to reap all the benefits (Potentially) ?

    • Upvote 1

  3. On 6/30/2020 at 11:33 AM, NucksPatsFan said:

    LCA

    What a weird day... Does an awesome CNBC interview and it goes down.. I had to average down and put way more in then I wanted.

     

    image.thumb.png.4e3ddb453abcdc97ba7bdeb4ea0b8593.png

     

    2 hours ago, Chris12345 said:

    Thanks!

     

    Let's see if I got this?

     

    CCXX bottom is $10? It is a SPAC that might buy Postmates? 

     

    Buy the stock and patiently wait for an acquisition?

    Would need to deep read the SEC files but don't want to because I'm not investing.. I will come up with another one soon..

     

    Nothing is sticking out right now..

     

     


  4. 13 hours ago, Chris12345 said:

    You are an absolute animal! Got any more? 

    CCXX  - Postmates either sells to Uber or SPAC with CCXX. CCXX has 1.1B ready to roll and Postmates did 1B in sales last year.

     

    Worst case scenario is back down to $10.00, anything below that is held in trust and can be converted back to $10.00 so it's a low risk, high high reward. Grubhub did 1.3B last year and trades at $70. Postmates should easily float around $50-$60.

     

    11 hours ago, NucksPatsFan said:

    LCA

    Snagged 300 today at $15.97, not overly hyped about it but it’s worth a ride till Thursday morning.


  5. On 6/21/2020 at 3:54 PM, AriGold2.0 said:

    SHLL - Tortoise Acquisition Corp aka Hyliion soon to be converted to HYLN.

     

    https://www.hyliion.com https://twitter.com/hyliion https://finance.yahoo.com/quote/SHLL

     

    Time for another SPAC and once again it's an EV company. No reason to suspect that it wont run like NKLA.

     

    https://www.businesswire.com/news/home/20200619005104/en/Hyliion-Tortoise-Acquisition-Corp.-Announce-Merger-Combined

    • Pro forma implied market capitalization of the combined company over $1.5 billion.
    • Transaction includes an upsized $325 million fully committed PIPE.
    • Proceeds will be used to fully fund the commercialization and mass production of the company’s electrified powertrain solutions.
    • The compatibility of Hyliion’s products with conventional vehicle architectures and chassis accelerates near term adoption of electrification solutions in the commercial vehicle market.
    • Founder and CEO Thomas Healy will be joined by Tortoise Acquisition Corp.’s Vince Cubbage and Stephen Pang in a newly formed board of directors.
    • Hyliion announced today that it's preparing to hit the public market toward the end of the third quarter of 2020.

    Move Over, Tesla and Nikola -- Investors Will Soon Have Another ...Hyllion truck

     

    Alerted at $14.03.. Double bagger!!

     

    That's a quick little 8 days, but man What a day!!


  6. On 3/20/2020 at 11:12 AM, NucksPatsFan said:

    However, if you still think you'll be social distancing 18 months from now, I've got a great collection of spam canned meat to sell ya!

    Sad truth is that this may be around much longer..

    On 3/25/2020 at 10:02 AM, CBH1926 said:

    I bought NKE the the other day when it was around 60, great stock and even better price.

     

    Did you keep it ?

     

    On 3/30/2020 at 5:21 PM, CBH1926 said:

    Buying pharmaceutical and medical equipment stocks has been good for my portfolio.

    Once again, I hope you kept them all lol..

     

    On 4/2/2020 at 8:12 AM, inane said:

    Bought some Shopify at $485. Getting some square, MSFT and bam.a. Long term it's all good. 

     

    On 4/14/2020 at 11:33 AM, inane said:

    Made 30% on SHOP in like a week or something. Nuts.

    Damn dude... Did you keep ?


  7. 10 hours ago, Sp3nny said:

    Nice ok. I was surprised when the offering was announced that the price barely budged. And now a week later its starting to fall but that could be tied in with the overall market of course. As always thanks for the info!

    Offering will likely be used to ramp up marketing in separate state approved gambling over the rest of the year. It's money being well spent.

    20200503_betting_map.png

     

    10 hours ago, sassbs said:

    You use TD?

    Yup!

     

    8 hours ago, KoreanHockeyFan said:

    Haha appreciate the encouragement. Just kicking myself for not doing research this morning - they announced a bunch of pre-orders which is probably causing the run-up. 

     

    SHLL will probably cool-off. I've got support marked at around $19-20. 

    I would expect SHLL to cool off substantially over the next week.

     

    7 hours ago, Brock Botanen said:

    I'm really beginning to regret investing in GNUS. Really hoping they make a bit of a comeback next week

    As soon as you sell it will go up, be sure to let us know when you exit. Sorry bro, it's just the way the market works.

     

    5 hours ago, Kooner91 said:

    Let's hope next week goes a lot better than this week.

    Unless there is a vaccine this weekend then I expect 3 or maybe even 4 red days this coming week.

     

    4 hours ago, Duodenum said:

    I'll be buying back into IDEX after this short attack is over.

    187 How to Turn Away $700 in One Hour (Don't Do This) - Emerge ...


  8. 22 minutes ago, Sp3nny said:

    How do you all feel about DKNG? Been waiting for a good time to enter as I missed the initial rise until now. It's falling as of late, and I know they are doing a share offering soon.  Will it continue to go lower? Thinking long term hold, once sports are back (who knows when at this point with athletes testing positive now, but we can hope!) it should get pretty attractive.

    It has a good future outlook but given the state of the world and the area around July 4 is traditionally bad in the market I would personally wait till next Friday for an entry point. 
     

    Below $32 is good, below $30 is ideal.

     

    The market will be bad for a few weeks would be my guess. I expect more red then green.

     

    I’m betting against the market though.

     

    I took a small position in SPXS which bets on red days. Plan on holding till next Friday or so.

     

     

    7F0ED653-EFB1-4607-B821-634C4E14BE40.png


  9. On 6/25/2020 at 6:37 AM, Duodenum said:

    IDEX

     

    Check out this EV charging company. Has a good buy area right now in the mid-2s. LOTS of good buying opportunities with the dips the last two days. 


    Hmm be careful with this, seems like there's some big short players trying to push it down. And down it falls, ouch! Doesn't matter though, it's a long term play. 

     

    Put it on my watch list and then took it off my watch list in 24 hours which is a new record.

     

    IDEX is now owned by shorters just like GNUS.. Stay away, far away....


  10. 15 hours ago, Sp3nny said:

    I tried to get in on the dip @ $15.80 but it never filled, just missed it. I did however pick up some RGLS @ .775 so that was nice.

    .775, you won't lose money that's forsure.. Just be sure to have patients, Mid-2020 was the PR release.

     

    -----------------------------

     

    SHLL is  up 10% today on a big purchase order. https://stockhouse.com/news/press-releases/2020/06/25/hyliion-launches-fully-electric-powertrain-announces-1-000-truck-pre-order-with


  11. 6 hours ago, NucksPatsFan said:

    *whisper*

     

    Hearing a short squeeze possible tomorrow or Wednesday for the G word we don't say in here anymore.

    This sounds like Lion propaganda again.. He's all talk.. The work needed to make a short squeeze happen would be insanity. This stock has more shorters than most others at the moment. To put the squeeze in you need upwards of 5M at once to break the walls and force the shorters to switch to buy to cover their losses.

     

    34 minutes ago, I.Am.Ironman said:

    No trade deal, increasing corona cases, nationwide violence and protests... one would think another 'correction' is coming but then in comes the fed.

    Yeah it's insane the disconnect. Companies that should be going down are going up and vice versa.

     

    If CV19 is still active around Q2 results I expect the correction to the market then.


  12. 7 minutes ago, jatylo said:

    I was looking at that one since I'm having success with the SPAC's.

    Used all my USD funds on GPAQ that should run this week with the merger vote on the 30th (NFL hall of fame). Will flip the funds on this if there isn't a big run

    That’s not a bad idea, I looked a little into GPAQ. Has a good story, looks like it could be good one. I just don’t personally want to invest in something that requires a crowd right now. 


  13. 17 minutes ago, Chris12345 said:

    Interesting. Is this on the market now? Looks like $15/share?

    Yes, merger won’t happen till Sept/Oct. it may run at anytime but who knows.. If you’re a patient person and can wait then you can do well. Certainly won’t be going lower then $10 because of the SPAC price but the upside is $50+ 

     

    Low risk / High Reward.

    85146C88-CFDC-4406-82A9-E3B23B5C76BF.png


  14. SHLL - Tortoise Acquisition Corp aka Hyliion soon to be converted to HYLN.

     

    https://www.hyliion.com https://twitter.com/hyliion https://finance.yahoo.com/quote/SHLL

     

    Time for another SPAC and once again it's an EV company. No reason to suspect that it wont run like NKLA.

     

    https://www.businesswire.com/news/home/20200619005104/en/Hyliion-Tortoise-Acquisition-Corp.-Announce-Merger-Combined

    • Pro forma implied market capitalization of the combined company over $1.5 billion.
    • Transaction includes an upsized $325 million fully committed PIPE.
    • Proceeds will be used to fully fund the commercialization and mass production of the company’s electrified powertrain solutions.
    • The compatibility of Hyliion’s products with conventional vehicle architectures and chassis accelerates near term adoption of electrification solutions in the commercial vehicle market.
    • Founder and CEO Thomas Healy will be joined by Tortoise Acquisition Corp.’s Vince Cubbage and Stephen Pang in a newly formed board of directors.
    • Hyliion announced today that it's preparing to hit the public market toward the end of the third quarter of 2020.

    Move Over, Tesla and Nikola -- Investors Will Soon Have Another ...Hyllion truck

     


  15. Just now, Chris12345 said:

    Here's my dilema. Market opens at 630? If buy then how much more does it pop  ?

    Pre-market opens at 1am.. She will be long gone by 6:30am. My pre-market is 5am and I will be up to see how it's going. 

     

    This one is purely a scalp trade, get in and get out while you can. Once the drop hits it will be fast and furious.