El Ramster Posted November 30, 2020 Share Posted November 30, 2020 2 minutes ago, Fresh Prince said: It did get high to quickly Never understood why it was higher than NIO. Everything about it was half as good as NIO lol! Specially numbers wise. Quote Link to comment Share on other sites More sharing options...
El Ramster Posted November 30, 2020 Share Posted November 30, 2020 My penny stocks are carrying the crap out of me this morning lol. NNDM AQB FCEL GNUS Quote Link to comment Share on other sites More sharing options...
UncleAdamz Posted November 30, 2020 Share Posted November 30, 2020 Anybody know how to calculate what the market cap of a spac will be post-merger? I'm thinking about getting into IPOB or it's warrants, but I'm not fully sure how to value it. Also sold PLTR on Friday, mostly in the mid-29s. So far it's paid off, but I can easily see it jumping right back up. Quote Link to comment Share on other sites More sharing options...
UncleAdamz Posted November 30, 2020 Share Posted November 30, 2020 2 minutes ago, El Ramster said: My penny stocks are carrying the crap out of me this morning lol. FCEL Surprised that it's up with all of the EV stocks down. Quote Link to comment Share on other sites More sharing options...
Fresh Prince Posted November 30, 2020 Share Posted November 30, 2020 (edited) 15 minutes ago, El Ramster said: Never understood why it was higher than NIO. Everything about it was half as good as NIO lol! Specially numbers wise. Market cap Edited November 30, 2020 by Fresh Prince Quote Link to comment Share on other sites More sharing options...
El Ramster Posted November 30, 2020 Share Posted November 30, 2020 2 minutes ago, UncleAdamz said: Surprised that it's up with all of the EV stocks down. It’s because it’s not EV. But they’ll be in that market later. There’s huge potential. Specially if we get back into that paris treaty. I’m waiting to see how it does. It had a big dump off by Thursday but it’s remain strong. They’re getting contracts for TOYOTA. So it’s a nice one man. sold and rebought back 3 times. But this time I’m staying put. Quote Link to comment Share on other sites More sharing options...
El Ramster Posted November 30, 2020 Share Posted November 30, 2020 6 minutes ago, UncleAdamz said: Anybody know how to calculate what the market cap of a spac will be post-merger? I'm thinking about getting into IPOB or it's warrants, but I'm not fully sure how to value it. Also sold PLTR on Friday, mostly in the mid-29s. So far it's paid off, but I can easily see it jumping right back up. Hanging onto PLTR.. But yeah would have been nice to sell off at 32 lol. I think it jumps back. Quote Link to comment Share on other sites More sharing options...
Shockwave Posted November 30, 2020 Share Posted November 30, 2020 1 hour ago, Outpost31 said: Why is this happening? Something happen? For NKLA looks like GM is either backing out of the deal or wants less stake. Kandi caught a negative report from Hindenburg (the guys that took down NKLA months ago) and that seems to have shook the sector as a whole. NIO has an extremely high valuation and was long overdue for a correction. 1 Quote Link to comment Share on other sites More sharing options...
MacReady Posted November 30, 2020 Share Posted November 30, 2020 1 minute ago, Shockwave said: For NKLA looks like GM is either backing out of the deal or wants less stake. Kandi caught a negative report from Hindenburg (the guys that took down NKLA months ago) and that seems to have shook the sector as a whole. NIO has an extremely high valuation and was long overdue for a correction. I still don’t trust all of these. Or really any of them. Quote Link to comment Share on other sites More sharing options...
Shockwave Posted November 30, 2020 Share Posted November 30, 2020 (edited) 6 minutes ago, Outpost31 said: I still don’t trust all of these. Or really any of them. They're great for daytrading. I shorted NIO this morning for a nice chunk. But for me to invest in one.. flip a coin really. If you believe in the sector long term I'd buy the EV ETF. Think it's called DRIV. Expense ratio on it's not too bad .68%. Pays a dividend though that would offset the expense ratio. After seeing how hard and fast Nikola dropped (I took a lump on that SOB) I really don't trust any of them either. Edited November 30, 2020 by Shockwave 1 Quote Link to comment Share on other sites More sharing options...
Shanedorf Posted November 30, 2020 Share Posted November 30, 2020 How long after an IPO do individual investors have to wait to buy in ? I've been told that the early shares all go to institutional buyers, how long does that last ? A few days, weeks ? Quote Link to comment Share on other sites More sharing options...
MikeT14 Posted November 30, 2020 Share Posted November 30, 2020 8 hours ago, bigbadbuff said: $SNDL. you’re welcome. cant wait for 930 to buy a ton of stock in them Went off your lead cause why not. Got in at 51 cents each too. Already to 73 cents. Quote Link to comment Share on other sites More sharing options...
bigbadbuff Posted November 30, 2020 Share Posted November 30, 2020 26 minutes ago, MikeT14 said: Went off your lead cause why not. Got in at 51 cents each too. Already to 73 cents. Nice!! I sold at i think 63:( Made about $1,100 cant complain. I'm too new to this stuff to know when to pull or stay. lol Quote Link to comment Share on other sites More sharing options...
MacReady Posted November 30, 2020 Share Posted November 30, 2020 3 hours ago, Shockwave said: They're great for daytrading. I shorted NIO this morning for a nice chunk. But for me to invest in one.. flip a coin really. If you believe in the sector long term I'd buy the EV ETF. Think it's called DRIV. Expense ratio on it's not too bad .68%. Pays a dividend though that would offset the expense ratio. After seeing how hard and fast Nikola dropped (I took a lump on that SOB) I really don't trust any of them either. I don’t do day trading. At all. Everything I put in I’m probably not selling for at least ten years. So I like to go high dividend yield stocks obviously. Still, I’ll probably tinker in EV stocks still. I think at least a few of them will stick around, but I’m not dumping money into them like a lot of people uave been lately. Quote Link to comment Share on other sites More sharing options...
Shockwave Posted December 1, 2020 Share Posted December 1, 2020 2 hours ago, Outpost31 said: I don’t do day trading. At all. Everything I put in I’m probably not selling for at least ten years. So I like to go high dividend yield stocks obviously. Still, I’ll probably tinker in EV stocks still. I think at least a few of them will stick around, but I’m not dumping money into them like a lot of people uave been lately. It's a nice adrenaline rush but it's not for everyone. If you can keep strict risk/reward ratios in place you can rapidly grow an account. I have a big account with Fidelity that I use to invest in dividend paying ETF's and I just set it to compound and barely ever look at it. I have a smaller account with TDA that I use to day and swing trade and the proceeds from that go to help fund the bigger account. Investing is fine and all but it's just a bore. I need a little excitement in my day 😁 Quote Link to comment Share on other sites More sharing options...
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