Boiler Room: The Official Stock Market Discussion

Majestic

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Ethereum's bottom could be in the low $900s range.
Bitcoin is at $24000-$26000.

but i'm bullish long term.

so if you are swing trading RIOT/MARA there could be a major opportunity to get in. i really hope more correction is coming soon




anyway IBIO up 30% :ohhh:
did you think ethereum will be as much as bitcoin in the future?
 

Notley

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Something I wanted to mention the other day. I love Tesla, I'm holding these shares. However, I don't like what's happening out in stock twitter and YouTube and even sometimes what I see here from Tesla bulls where every "competitor" is immediately torn down with a super bear case...

Tesla is not going to own 100% of the EV market. Most of these startups will indeed die off and you'll never hear from them. It's more likely Ford or VW or someone else ends up being the main competitors... I think that much is known.

But let's look at China for example... NIO is a risky play even after they've shown tremendous progress, maybe NIO doesn't last either but what I DO know is that China is not going to allow Tesla to control 100% or anywhere near that amount of control of their market...

That will not happen. It won't happen in most nations but especially China will not allow that to happen. Point is, there is money to be made elsewhere and these immediate tear downs are getting to be too much.



It is hard for Big Money to pick winners so they tend to hedge by putting some money into many of the promising EV stocks.

Another EV-related SPAC stock started it's run this morning. Proterra is up over 100% since the deal was announced today. Doesn't look like the EV hype is dying down.

EV-Tech Company Proterra to Go Public Through ArcLight SPAC
 

NatiboyB

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so correct me if I'm wrong. We were here last week when IPOE and the merger with SOFI was discussed. I recall that day stock went up into the 20s right? But since than it seems like it has fallen down. I am under the assumption if we purchase IPOE that we will receive the same amount of shares at $15-$17 and they will transition upon merger date to the same amount of shares in SOFI? or is it something like the shares combine to meet the post merger price?

The other spacs I had directly transitioned the same amount of Shares but I'm assuming SOFI will be worth more than 15-17.
 
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