filthycanuck Posted June 30, 2020 Share Posted June 30, 2020 2 hours ago, NucksPatsFan said: You had to look hard and long to find red stocks today. Hope the market is drunk and happy going into 4th of July. Big day for free KTOV and IDEX shares tomorrow. Indeed a fine day today, almost doubled my investment on IBIO, SHLL Link to comment Share on other sites More sharing options...
Chris12345 Posted June 30, 2020 Share Posted June 30, 2020 11 hours ago, AriGold2.0 said: Alerted at $14.03.. Double bagger!! That's a quick little 8 days, but man What a day!! You are an absolute animal! Got any more? Link to comment Share on other sites More sharing options...
NucksPatsFan Posted June 30, 2020 Share Posted June 30, 2020 2 hours ago, Chris12345 said: You are an absolute animal! Got any more? LCA Link to comment Share on other sites More sharing options...
CBH1926 Posted July 1, 2020 Share Posted July 1, 2020 Good day indeed. Link to comment Share on other sites More sharing options...
AriGold2.0 Posted July 1, 2020 Share Posted July 1, 2020 (edited) 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. Edited July 1, 2020 by AriGold2.0 Link to comment Share on other sites More sharing options...
Chris12345 Posted July 1, 2020 Share Posted July 1, 2020 12 hours ago, AriGold2.0 said: 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. Snagged 300 today at $15.97, not overly hyped about it but it’s worth a ride till Thursday morning. 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? Link to comment Share on other sites More sharing options...
AriGold2.0 Posted July 1, 2020 Share Posted July 1, 2020 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. 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.. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted July 1, 2020 Share Posted July 1, 2020 46 minutes ago, AriGold2.0 said: 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. 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.. Averaged down in the 14s heavy. This is gonna be a ridiculous price in a couple months. If Mark Cuban was acquiring golden nugget this thing would be at 40 already but because Tillman Fertita isn’t known from shark tank it’s gonna be a slow ride up Link to comment Share on other sites More sharing options...
AriGold2.0 Posted July 1, 2020 Share Posted July 1, 2020 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) ? 1 Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted July 1, 2020 Share Posted July 1, 2020 26 minutes ago, AriGold2.0 said: 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) ? I'd be curious for sure... also in the process of the breakdown itself, as a learning opportunity. Companies like VTIQ and SHLL have been very lucrative prior to their mergers. What are people's thoughts on the Covid increase and another possible correction? I'm still 40% cash but have been thinking of liquidating again. Link to comment Share on other sites More sharing options...
AriGold2.0 Posted July 2, 2020 Share Posted July 2, 2020 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/ "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. Link to comment Share on other sites More sharing options...
Gator Posted July 2, 2020 Share Posted July 2, 2020 GNUS up over 30% today and possibly an even bigger jump Monday? Link to comment Share on other sites More sharing options...
Gator Posted July 2, 2020 Share Posted July 2, 2020 Gnus up almost 60% today and I am finally green!!! 1 Link to comment Share on other sites More sharing options...
nuckin_futz Posted July 2, 2020 Share Posted July 2, 2020 1 hour ago, Brock Botanen said: GNUS up over 30% today and possibly an even bigger jump Monday? This is the very definition of a "fluff" press release. No details, just hype. The stock market can do crazy things and go anywhere. So it could very well could squeeze for a bit and go higher. But you should think of all the people in your situation who are under water in GNUS and are happy to break even and cut their losses. There's likely tons of them. A quick look at a chart confirms this. 16 minutes ago, Brock Botanen said: Gnus up almost 60% today and I am finally green!!! Don't look a gift horse in the mouth. Link to comment Share on other sites More sharing options...
Warhippy Posted July 2, 2020 Share Posted July 2, 2020 5 minutes ago, nuckin_futz said: This is the very definition of a "fluff" press release. No details, just hype. The stock market can do crazy things and go anywhere. So it could very well could squeeze for a bit and go higher. But you should think of all the people in your situation who are under water in GNUS and are happy to break even and cut their losses. There's likely tons of them. A quick look at a chart confirms this. Don't look a gift horse in the mouth. They purchased back $55 million worth of their issues warrants early last week as well to make the numbers look better. Smart idea but... I'm patiently watching the US as they breach 50k cases of covid a day and climbing, wondering at what point in time everything there gets shut down again and how much more $$ the fed will throw around Link to comment Share on other sites More sharing options...
nuckin_futz Posted July 2, 2020 Share Posted July 2, 2020 (edited) 25 minutes ago, Warhippy said: They purchased back $55 million worth of their issues warrants early last week as well to make the numbers look better. Smart idea but... I'm patiently watching the US as they breach 50k cases of covid a day and climbing, wondering at what point in time everything there gets shut down again and how much more $$ the fed will throw around I love this press release. They have already launched their network. Brought Arnold on board and the market didn't give a fark. Unless they're launching an ad based cartoon porn network what can possibly save this thing? Edited July 2, 2020 by nuckin_futz 1 Link to comment Share on other sites More sharing options...
Lancaster Posted July 2, 2020 Share Posted July 2, 2020 25 minutes ago, Warhippy said: They purchased back $55 million worth of their issues warrants early last week as well to make the numbers look better. Smart idea but... I'm patiently watching the US as they breach 50k cases of covid a day and climbing, wondering at what point in time everything there gets shut down again and how much more $$ the fed will throw around Election year. Stimulus money will be spread around as quick as the corona virus. Link to comment Share on other sites More sharing options...
Gator Posted July 2, 2020 Share Posted July 2, 2020 50 minutes ago, Warhippy said: They purchased back $55 million worth of their issues warrants early last week as well to make the numbers look better. Smart idea but... I'm patiently watching the US as they breach 50k cases of covid a day and climbing, wondering at what point in time everything there gets shut down again and how much more $$ the fed will throw around Wouldnt a shutdown increase the Kartoon Networks views? I dont think its available on apple devices yet, and the majority of people own iPhones over android. I'm holding until atleast FEB-MAR to see if that Stan Lee show becomes a hit Link to comment Share on other sites More sharing options...
Warhippy Posted July 2, 2020 Share Posted July 2, 2020 32 minutes ago, nuckin_futz said: I love this press release. They have already launched their network. Brought Arnold on board and the market didn't give a fark. Unless they're launching an ad based cartoon porn network what can possibly save this thing? I'd be willing to bet their mid line is about $6.30 over the next year or so. There is in fact a lot going for this company and one paw patrol type show and they're in the stratosphere. Personally I bought SHLL-WT today at $9.29 and will wait off on that. Link to comment Share on other sites More sharing options...
Gator Posted July 2, 2020 Share Posted July 2, 2020 1 hour ago, nuckin_futz said: This is the very definition of a "fluff" press release. No details, just hype. The stock market can do crazy things and go anywhere. So it could very well could squeeze for a bit and go higher. But you should think of all the people in your situation who are under water in GNUS and are happy to break even and cut their losses. There's likely tons of them. A quick look at a chart confirms this. Don't look a gift horse in the mouth. I got faith that this stock will hit $15+ by FEB-MAR next year, and even it it doesnt it should atleast be $7+ easily unless they dilute the crap out of the shares. With no debt in the company I dont think that's likely. However I'm new to this so there very well could be other factors that could cause them to dilute the shares that I'm unaware of. Everything they've done the past couple months is looking good for the future of the company imo Link to comment Share on other sites More sharing options...
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