STOCK MARKET: Let's talk stocks and investing

Projected to drop soon

 

Wow zm testing 400 sooner than I thought. Jesus

 

I’m sad. I sold my tlry calls last week at 12, rode from 8. But yea I missed out on a nice chunk of change lol. This one has an insane short float too, over 40

 

according yahoo finance, https://finance.yahoo.com/quote/FUBO/key-statistics?p=FUBO , short interest for FUBO ~ 60% of float.

it is extremely high. the trading volume since early Jan has been much higher than normal.

from this, in view of the ~ 9+ point bounce off the 50 dma,
one can infer that the Bulls are in control, nullifying the shortists effort to drive the price down.

​

 

Thanks yea I figured that was outdated. And yeah I agree

 

on 4 Jan, sold 175/170 bearish CALL spread (a synethetic short)

trading action is trending my way, dipping below the 20 dma​

 

did anything happen. all red. long weekedn selloff?

 

That was my first thought , but other than that no idea. It’s a crazy amount of red even for a friday

 

Damn no kidding

 

lots of things on sale now. anything to recommend?

 

Have a limit order at $55 for BYDDY. It just needs to drop a little more. =)

 

CCIV stop loss raid....goodness.

 

Added some nndm to my position here.swinging in to next week

 

Premiums on puts are nice too

 

so... who's the target. if you can't say then - do you think we will like the target as well? yes/no

 

Speaking of spacs I got into one called bft today from someone’s recommendation, supposedly it’s merging with paysafe which is basically PayPal in March and could be big in a year. Supposed to be similar to square. Pt 100 in two years.

anyways I took a small position as a starter. 40 shares nothing crazy. My avg is 15.38

@saitou is there any ones you’ve had your eye on, spac master ? Seems like all the good ones are already up

 

I am seeing Lilium? https://lilium.com/
The management team info:

Targeting aerospace & defense

Team:
Kenneth Ricci: 40-yr aviation vet, "Living Legends of Aviation", former
Ronald Sugar: Former CEO $NOC Northrop Grumman, current Director at $AAPL $CVX & Chairman $UBER
Gerald DeMuro: Former CEO $BAESY & VP $GD

 

I am in:
GHIV - United Wholesale Mortgage is the target. Voting on the 20th
CCIV - Lucid?
DMYD - Genius Sports
PSTH - Rivian/Stripe?
BFT - Paysafe
IPOF - Rivian?

 

Thank you sir! I was in POF shortly a few weeks back kinda wishing I held my position. ghiv I played contracts lol but I learned it’s better to do commons with spacs.

 

in order of weightage, waiting for combination/spike:
ZTNE.W - a lot of aerospace connections. possible evtol play + inclusion into arkx? managed to accumulate warrants at $2.04. at current price adding shares.
PIPP.W - so much insider power that it's legal. if it was closer to NAV would have gotten more.
GRSV.W - team that got LAZR
NPA shares - this thing already popped once, hoping for one more. pre-pre-pre-revenue concept stock.

post announcement, still holding a bit for long term:
DMYD shares - seems like a real business
DM shares - will hold till next earnings to see. intrigued by the potential
TRIT.w - potentially undervalued due to lawsuit, hoping for turnaround. ppl smarter than me said this is a good bet. this is risky tho, i don't recommend it.

i've also sold a bunch of pre-announcement warrants of other spacs that were getting very high despite no announcement. when it's getting closer to $4 w/o a good target announced, i just move on.

edit: another short report out on trit just as i was typing; do not touch. i closed the position.