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What other tech stock to consider?
- Thread starter Sanny
- Start date
TheTalkingMule
Distributed Energy Enthusiast
All these squeeze plays seem to be down a good bit AH. Do these clowns really think we're gonna bite on this nonsense? Setting market orders for a token share of each at the open.
Causalien
Prime 8 ball Oracle
[This]
Such clowns!!! Or shall I say puppets.
Anyway there is a massive war and I feel happy to take part in this even though I will end up losing few thousands.
They tried to shut down the WSB, changed the news to propaganda as we are helping the retail investors, forced all brokerages to limit trades and specifically Jan29 options as well as force these trades as cash trades, so that you have to use unmarginable funds!!!
On top of this, crying mama to the SEC and asking to add some enforcement.
When they short and steal, it is ok. It is not ok when we poke it to them!!!
But this is not over. Looks like Europe and Asia has also piled on.
Causalien
Prime 8 ball Oracle
I got tears in my eyes watching something wonderfil happening.TSLA and many other investments I have, has this theme of sticking it to these bastards. I've been called many things, conspiracy theorists, q anon, high, dirty tree hugger. wsb and gme is playing out the way I thought TSLA short squeeze would be like. Cheering them all the way and giving them all the info on the upcoming dirty tricks they might use on wsb from tsla lessons.
bkp_duke
Well-Known Member
This is like gamblers anonymous. I just picked up a few hundred of NAKD, just because I wanted to own something named Naked.
the two parts about
1) 138% short interest. how is this allowed
2) complete transparency (which is why I and others love ARKx Funds)
Sorry for your sacrifice O_OWell just bought a bunch of shares of ABML on the dip this morning. Hopefully I don't cause it to tank for everyone.
Edit: just checked...look like it just dropped 5% already since I made the purchase...sorry guys.
As expected...ABML has dropped all the way down to $2.6. Wish I got in early like most here when it was well below this even.
If it stays this low or goes lower tomorrow, I plan on buying up a bunch more shares. I will have more money to invest tomorrow that I was originally going to buy TSLA stock with but I like the opportunity with this and also helps me diversify a bit away from TSLA.
I only like to make investments for the long-term 10+ years. Hopefully this is one of those companies that can grow a lot between now and then.
If it stays this low or goes lower tomorrow, I plan on buying up a bunch more shares. I will have more money to invest tomorrow that I was originally going to buy TSLA stock with but I like the opportunity with this and also helps me diversify a bit away from TSLA.
I only like to make investments for the long-term 10+ years. Hopefully this is one of those companies that can grow a lot between now and then.
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ByeByeJohnny
Active Member
Faraday is finally doing their SPAC. with Property Solutions. Not for me. but tried to figure out their valuation.
Property Solution is currently at $15. According to a Verge story they will get 6.8% of the company putting the valuation at around 5.7 billion at the moment.
Interestingly though. Some investors are putting $775 million in and will get 23% which for them means the full valuation would be $3.37 billion.
So buying shares in the SPAC you are essentially paying 70% more than other investors are doing at the same time. Another way of screwing over the small guys.
Either way it's a a company without a product.and shaky finances.
Faraday Future is going public and raising $1 billion
The makeup of Faraday Future’s ownership is changing with the deal. When it closes, shareholders of the SPAC will own 6.8 percent of the company. The entities doing the $775 million raise will own 23 percent. Creditors that Faraday Future and Jia owe money to will own 17.2 percent. Existing shareholders in Faraday Future will collectively own 51.1 percent.
Property Solution is currently at $15. According to a Verge story they will get 6.8% of the company putting the valuation at around 5.7 billion at the moment.
Interestingly though. Some investors are putting $775 million in and will get 23% which for them means the full valuation would be $3.37 billion.
So buying shares in the SPAC you are essentially paying 70% more than other investors are doing at the same time. Another way of screwing over the small guys.
Either way it's a a company without a product.and shaky finances.
Faraday Future is going public and raising $1 billion
The makeup of Faraday Future’s ownership is changing with the deal. When it closes, shareholders of the SPAC will own 6.8 percent of the company. The entities doing the $775 million raise will own 23 percent. Creditors that Faraday Future and Jia owe money to will own 17.2 percent. Existing shareholders in Faraday Future will collectively own 51.1 percent.
Could you explain what this means? Do you mean that someone who has $1000 in the SPAC are only ending up with $230 in shares after the merger? Surely I'm grossly misunderstanding here. Or is this just a separate play where the $775M folks get a bigger part of the pie?
I got rid of a bit when it was $4.25 my problem is that my stupid 401k PCRA account requires that my funds settle before I can buy back in so I have a hard time playing these dips since it usually takes 2-3 days for the funds to settle.
It is funny because if you told me 2 weeks ago that ABML would be $3 on January 28th I would have been over the moon. But since it was almost $5 two days ago now it feels like a letdown.
Definitely a stock to own long IMO so I should really ignore these oscillations but it is hard sometimes.
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