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What other tech stock to consider?
- Thread starter Sanny
- Start date
CLK350
Member
Posted in the main thread re $FOUR - repost here so you don't have to click ; D
New investment opportunity, Elon Musk / SpaceX related, but also as an investment in itself
re SpaceX indirect ownership " .. . He managed to get Shift4 to participate in SpaceX's fund-raising round early this year and the company now holds $29.5 million of SpaceX shares at their original purchase price, which has already appreciated "
Follow up on my post from earlier today - disclosure: bought some stock and OCT '22 calls
New investment opportunity, Elon Musk / SpaceX related, but also as an investment in itself
re SpaceX indirect ownership " .. . He managed to get Shift4 to participate in SpaceX's fund-raising round early this year and the company now holds $29.5 million of SpaceX shares at their original purchase price, which has already appreciated "
Follow up on my post from earlier today - disclosure: bought some stock and OCT '22 calls
Wonder if this is the next one to go parabolic? I bought some this morning. Definitely a more legit option than LCID or RIVN.
I bought some too. Though I read it was one of the most heavily shorted SPACs. It may dip before the merger.
Fisker ($FSR) will reveal details on their $37K Electric SUV tomorrow.
Stock is up 70% for the month and the market cap is at $7B. Fisker has been promising a new car for years, and I usually would have ignored the reveal, but the way other EV stocks have been going up, I might have to throw a bit of cash at this.
Stock is up 70% for the month and the market cap is at $7B. Fisker has been promising a new car for years, and I usually would have ignored the reveal, but the way other EV stocks have been going up, I might have to throw a bit of cash at this.
JRP3
Hyperactive Member
I like the $FOUR story and see it as a nice addition......but I don't like just buying shares anymore!
Going to sell some ATM puts to get a discount on my shares - so going to sell to open some December $70 for $6 or so each.
Going to sell some ATM puts to get a discount on my shares - so going to sell to open some December $70 for $6 or so each.
Buckminster
Well-Known Member
This whole thing on the Metaverse reminds me of a science fiction book I read some years ago in a future where some kind of Metaverse had become a big thing, but it led to a major collapse in both the economy and the population because people stayed in there so long they died of starvation.
I could see the whole Metaverse thing taking off, but I think it would be bad for the world and society. Internet addiction already is a problem, this could make it far worse. I do agree with the guy that Facebook/Meta are probably not going to be the winners here.
It's an axiom that one of the drivers of new technology is "adult entertainment". It drove down prices of VCRs, it was a factor in advancing things on the internet in the early days. If somebody in that world gets a good foothold in the Metaverse it will probably fuel a take off of it. Though I think this is the ketamine of the internet.
I could see the whole Metaverse thing taking off, but I think it would be bad for the world and society. Internet addiction already is a problem, this could make it far worse. I do agree with the guy that Facebook/Meta are probably not going to be the winners here.
It's an axiom that one of the drivers of new technology is "adult entertainment". It drove down prices of VCRs, it was a factor in advancing things on the internet in the early days. If somebody in that world gets a good foothold in the Metaverse it will probably fuel a take off of it. Though I think this is the ketamine of the internet.
JRP3
Hyperactive Member
Trump SPAC must be investigated, Elizabeth Warren demands
Democratic Senator Elizabeth Warren wants federal regulators to investigate whether any laws were broken by the shell company that is facilitating former President Donald Trump's return to Wall Street.
mblakele
FSD Beta (99)
[replying in a more appropriate thread]
FuelPositive turns out to be the company formerly known as EEStor, which some years back made... extraordinary claims for energy storage using polymer capacitors. That went nowhere, and the company was taken over by ZENN Motors, which first adopted the EEStor name and this year changed its name to FuelPositive. The CEO, Ian Clifford, began as co-founder and CEO of ZENN. FuelPositive has raised money this year, which I suppose diluted existing shareholders.
Based on this history alone, I'd be reluctant to invest. The new technology may be wonderful, but history suggests significant execution risk.
Of course that's just my opinion — I'd be happy to be wrong, because renewable ammonia would be a good thing. Anyway the stock might do well as a speculation, if there's short-term hype around renewable ammonia economy. For investors in the USA, it trades as OTCMKTS:NHHHF.
Caveat emptor.
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TheTalkingMule
Distributed Energy Enthusiast
Sold my last few shares of this nonsense. Was holding a bit for a squeeze spike to $420 or whatever, but another firm formerly run by one of the clowns running this firm is liquidating their SPACs. No indication(let alone confirmation) that this company will do the same, but they're shady as hell so I wouldn't be surprised to see DWAC liquidated at $10.Anyone else riding this Trump pump and dump? Who could be a better SPAC cheerleader than the orange man!
Bought DWAC at $11.41 premarket. If this spac merger is legit, I'll likely keep it a while. These people will blindly dump billions into it.
Trump Trying to Create Media Behemoth via Digital World Acquisition (DWAC)
Trump's TMGT plans to go public at an enterprise value of $875M in an unprecedented transaction. Digital World Acquisition (DWAC) spiked in after-hours trading.www.thestreet.com
Edit: Up 92%. If you thought the Reddit knuckleheads were crazy....
Just a heads up.
Blank-check firm Yunhong International announces plans to dissolve
Special-purpose acquisition company (SPAC) Yunhong International said in a regulatory filing on Friday it plans to liquidate the company.
www.reuters.com
JRP3
Hyperactive Member
JRP3
Hyperactive Member
FOUR hasn't been working out too well in the short term, seems to be on a nonstop downward path since I bought in, for no apparent reason that I can see.
Buckminster
Well-Known Member
For polestar, the market cap of GGPI might be 1,2B but it implies a 20billion valuation for Polestar. I find it very expensive.
Buckminster
Well-Known Member
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