Down by the River Posted January 12, 2021 Share Posted January 12, 2021 26 minutes ago, BM24 said: Anyone in on GEVO, ICLN or GEOV I've got a pinky-toe dipped into ICLN, mostly because I wanted to learn more about its holdings. I find that my motivation is stronger when I put a small amount into an ETF; makes me more focused on learning about the companies within that ETF and then I can reinvest or establish a position with specific stocks. Link to comment Share on other sites More sharing options...
Popular Post skolozsy2 Posted January 12, 2021 Popular Post Share Posted January 12, 2021 Knowing when to take profits has always been an Achilles heel for me. Perhaps I'll regret it, but with that said, I sold 30% of my PLUG position at $71.30 today....My entry price was $16.10. Either way, it was a good day for me. 5 Link to comment Share on other sites More sharing options...
Down by the River Posted January 12, 2021 Share Posted January 12, 2021 40 minutes ago, skolozsy2 said: Knowing when to take profits has always been an Achilles heel for me. Perhaps I'll regret it, but with that said, I sold 30% of my PLUG position at $71.30 today....My entry price was $16.10. Either way, it was a good day for me. Congrats. I sold PLUG before the 1.5 billion investment. I had a really good entry point but once again sold early. I tried reading up on lines of resistance/support but couldn't find enough information on how such lines get defined in the first place. 1 Link to comment Share on other sites More sharing options...
inane Posted January 13, 2021 Share Posted January 13, 2021 3 hours ago, Lancaster said: For PDAC, it's about $11... so only $1 more than NAV. It hasn't taken off yet. If you really want to chance it... you can always play the warrants. But should the company just decide to walk away, you get nothing for the warrants whereas for the commons you still get back 10 bucks. For IPOF... lots of hype, but the guy involved has had a few SPAC that has turned out well. SPCE and OPEN are now both over $25. Assuming IPOF follows the same trend, even entering at $14 will be okay. Of course, with all SPAC, it can always fall through, so you could easily lose a third of your investment. A lot depends on if you're just hoping to sell on the news or if you're hoping to hold as long as possible to maximize value (whatever/whenever that may be). Warrants are cheaper and has more room for massive gains... but risky. 2 hours ago, Duodenum said: Somebody correct me if I'm wrong, but I envision it's probably a good idea if you have the money, to just scope out the major SPACs that are still near the strike price. Do your DD and make sure they have good management and just put your money into them all. The ones that get a deal - you're minting. The ones that don't - you lose only a little bit. Good risk/reward ratio and takes very little effort. So, how many SPAC's fail? Seems like that's rare...and if so, wouldn't buying warrants make sense all the time? I mean can a SPAC share price go up but the warrant price go down? Link to comment Share on other sites More sharing options...
Sp3nny Posted January 13, 2021 Share Posted January 13, 2021 8 minutes ago, inane said: Seems like that's rare...and if so, wouldn't buying warrants make sense all the time? I mean can a SPAC share price go up but the warrant price go down? I've seen it happen at times, but normally the warrants and commons track each other quite closely. I've strictly been buying warrants lately. Cheaper and easier gains in my eyes. But yes, risky of course as rly, you are investing in nothing essentially, and they could turn out worthless. Link to comment Share on other sites More sharing options...
inane Posted January 13, 2021 Share Posted January 13, 2021 11 minutes ago, Sp3nny said: I've seen it happen at times, but normally the warrants and commons track each other quite closely. I've strictly been buying warrants lately. Cheaper and easier gains in my eyes. But yes, risky of course as rly, you are investing in nothing essentially, and they could turn out worthless. And you can sell them at any time like a regular stock, correct? Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted January 13, 2021 Share Posted January 13, 2021 2 hours ago, inane said: And you can sell them at any time like a regular stock, correct? This is correct, as long it is before the expiration. Link to comment Share on other sites More sharing options...
AriGold2.0 Posted January 13, 2021 Share Posted January 13, 2021 11 hours ago, inane said: How do you know when these SPAC's will declare who it is? And when you find out, isn't it then too late? Might gamble on IPOF 10 hours ago, inane said: Where do you get your info for newly listed SPAC's? 8 hours ago, Duodenum said: Awesome week so far TTCF up to 25 STPK up to 35 ACAM moved up to 13. CURI up to 17.5 PDAC warrants up 40% (thanks @AriGold2.0) DKNG up to 53.50 NGA up to 26 New trade: PCPL at 10.85 7 hours ago, inane said: are PDAC and IPOF worth getting into at this point? I would like to dip my toes 5 hours ago, CBH1926 said: Lucky streak continues, today was the 7th day in a row that my portfolio has been up. 2 Link to comment Share on other sites More sharing options...
AriGold2.0 Posted January 13, 2021 Share Posted January 13, 2021 (edited) On 1/6/2021 at 10:25 AM, AriGold2.0 said: My wife and myself agreed to pull out some personal money and bought 500 shares of ICLN. I can't casino with it because it's ours and not my personal fun money. iShares S&P Global Clean Energy Index - 5B ETF that seeks to track the investment results of an index composed of global equities in the clean energy sector. With the Dems running the USA it's an easy choice. 6 hours ago, BM24 said: Anyone in on GEVO, ICLN or GEOV Grabbed a few share in our longterm portfolio. Edited January 13, 2021 by AriGold2.0 Link to comment Share on other sites More sharing options...
AriGold2.0 Posted January 13, 2021 Share Posted January 13, 2021 If CCIV confirms this Lucid rumour this stock will be a guaranteed 4 bagger at or before merger date. I don't think I've ever been more confident in merger rumour. The DD on this one is locked in really tight. 1 Link to comment Share on other sites More sharing options...
Lancaster Posted January 13, 2021 Share Posted January 13, 2021 4 hours ago, inane said: So, how many SPAC's fail? Seems like that's rare...and if so, wouldn't buying warrants make sense all the time? I mean can a SPAC share price go up but the warrant price go down? I've read that about 2/3 of SPAC fails... but that's just what I've read floating around on Reddit. Not sure if it included random small SPAC no one has ever heard of or how it's counted. But assuming you're just focusing on the warrants that are backed by experienced teams and by large corporations, it should be much safer. I guess it is theoretically possible for warrants to drop if stock prices goes up, but it has to be very specific circumstances. Examples would be: - The management team/voters forcing warrants to be cashed out at a low price - Warrants expiring very soon and it's not meeting strike price It's more likely for stock prices to go down and warrants going up as there may be arbitrage opportunities. The problem with warrants for SPAC (or in general) is that it's pretty much all or nothing. I would be lying if I say I've never been burned by warrants before. If you find newly split warrants for under $2, it's not a bad idea to throw some "gambling" money on it. Link to comment Share on other sites More sharing options...
sassbs Posted January 13, 2021 Share Posted January 13, 2021 2 hours ago, AriGold2.0 said: If CCIV confirms this Lucid rumour this stock will be a guaranteed 4 bagger at or before merger date. I don't think I've ever been more confident in merger rumour. The DD on this one is locked in really tight. Too late to buy in,? Link to comment Share on other sites More sharing options...
Lancaster Posted January 13, 2021 Share Posted January 13, 2021 2 hours ago, AriGold2.0 said: If CCIV confirms this Lucid rumour this stock will be a guaranteed 4 bagger at or before merger date. I don't think I've ever been more confident in merger rumour. The DD on this one is locked in really tight. Got into the warrants @ $1.25~ But sold have of them last week for $1.45... d'oh.... Hopefully the traction and momentum will push this up a la QS where even the warrants are $30+ I would love to be able to buy my house in Japan. Link to comment Share on other sites More sharing options...
Boudrias Posted January 13, 2021 Share Posted January 13, 2021 8 hours ago, Lancaster said: Got into the warrants @ $1.25~ But sold have of them last week for $1.45... d'oh.... Hopefully the traction and momentum will push this up a la QS where even the warrants are $30+ I would love to be able to buy my house in Japan. I will start reducing market exposure by month end. Hugely overvalued. Link to comment Share on other sites More sharing options...
Sp3nny Posted January 13, 2021 Share Posted January 13, 2021 I grabbed some CCIV.WS this morning. Couldn't stand being out if it anymore. 1 Link to comment Share on other sites More sharing options...
inane Posted January 13, 2021 Share Posted January 13, 2021 Looking at this one! https://qellspac.com/ Link to comment Share on other sites More sharing options...
NucksPatsFan Posted January 13, 2021 Share Posted January 13, 2021 19 hours ago, inane said: So, how many SPAC's fail? Seems like that's rare...and if so, wouldn't buying warrants make sense all the time? I mean can a SPAC share price go up but the warrant price go down? AMCI warrants are under $4 even though shares are at $18+, putting fair market value of AMCI warrants around $6.50-$7. FUSE warrants are up higher today while commons are down. Remember, they trade separately. Eventually they trail near where they "should" be but it's no guarantee. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted January 13, 2021 Share Posted January 13, 2021 Me on my way to pitch to my wife why we need to put a massive investment into Cathie Woods' new ETF. 2 Link to comment Share on other sites More sharing options...
NucksPatsFan Posted January 13, 2021 Share Posted January 13, 2021 18 hours ago, AriGold2.0 said: I'd disagree about PDAC. Still under $12 with an incredible board in the clean energy space, and direct ties to Biden. Looking at a pop to 15+ just on the target announcement news alone. Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted January 13, 2021 Share Posted January 13, 2021 18 minutes ago, NucksPatsFan said: Me on my way to pitch to my wife why we need to put a massive investment into Cathie Woods' new ETF. Yeah she's starting a space ETF.. I don't know.. Aren't we a bit early for that? Link to comment Share on other sites More sharing options...
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