Boiler Room: The Official Stock Market Discussion

[Kal El]

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?

Yeah for SPACs common shares stay the same. Only thing that changes with the merger is the ticker symbol.

 

[Deafheaven]

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.

Yeah Im not even worried about where this stock is atm. Once the merger happens watch the price of the brick go up

Im realizing its a marathon not a race anyway so if I got a almost sure appreciation in this, and rblx next month no reason to get into positions on a whim. I should build this joan up organically over time

 

[mr. smoke weed]

What about Mz Woods

 

[Cynic]

Chamath is that dude.

 

[Serious]

Chamath is that dude.

Yea they talked about fukk valuations, there’s an art to knowing what investors want, which is what a lot of people on Wall Street get wrong all the time.

 

[Serious]

cases going up make be a shut down soon

 

[winb83]

He gotta stop this. Breh was like 6 and a half minutes into the video to tell us that he thinks Walgreens is gonna 2x quickly. Walgreens was one of those stocks I just bought for the dividend. I still own it. Just seemed beaten to hell and was too big a company to fail to me.

 

[winb83]

cases going up make be a shut down soon

There will never be another shutdown like we had last year. They'll just let people die and not care. Now that the vaccine is out it's definitely over for that.

 

[Cynic]

Yea they talked about fukk valuations, there’s an art to knowing what investors want, which is what a lot of people on Wall Street get wrong all the time.

It depends which investors - institutional vs retail. You saw what happened with Airbnb
I would have loved to see that call when someone had to explain leaving 4 billion on the table

 

[Rickdogg44]

@Russ whats going on with $NAK

 

[bnew]

Coronavirus Disease 2019

The Centers for Disease Control and Prevention is expanding the requirement for a negative COVID-19 test to all air passengers entering the United States. Testing before and after travel is a critical layer to slow the introduction and spread of COVID-19. This strategy is consistent with the current phase of the pandemic and more efficiently protects the health of Americans.

Variants of the SARS-CoV-2 virus continue to emerge in countries around the world, and there is evidence of increased transmissibility of some of these variants. With the US already in surge status, the testing requirement for air passengers will help slow the spread of the virus as we work to vaccinate the American public.

Before departure to the United States, a required test, combined with the CDC recommendations to get tested again 3-5 days after arrival and stay home for 7 days post-travel, will help slow the spread of COVID-19 within US communities from travel-related infections. Pre-departure testing with results known and acted upon before travel begins will help identify infected travelers before they board airplanes.

Air passengers are required to get a viral test (a test for current infection) within the 3 days before their flight to the U.S. departs, and provide written documentation of their laboratory test result (paper or electronic copy) to the airline or provide documentation of having recovered from COVID-19. Airlines must confirm the negative test result for all passengers or documentation of recovery before they board. If a passenger does not provide documentation of a negative test or recovery, or chooses not to take a test, the airline must deny boarding to the passenger.

“Testing does not eliminate all risk,” says CDC Director Robert R. Redfield, MD, “but when combined with a period of staying at home and everyday precautions like wearing masks and social distancing, it can make travel safer, healthier, and more responsible by reducing spread on planes, in airports, and at destinations.”

This order was signed by the CDC Director on January 12, 2021 and will become effective on January 26, 2021.

 

[NkrumahWasRight Is Wrong]

@Russ whats going on with $NAK

Bro I have no clue. I was busy as fukk at work and saw a text from a buddy of mine about it and just assumed it was a random pump. I still havent had time to read but I'm hot about not buying at like 30 cents

 

[Rickdogg44]

Bro I have no clue. I was busy as fukk at work and saw a text from a buddy of mine about it and just assumed it was a random pump. I still havent had time to read but I'm hot about not buying at like 30 cents

I may just leap options this... if it prints, good. If not, leaps pretty cheap

 

[ahomeplateslugger]

Needs to hit $27 before it really pops. I think it'll hit $27 this week then go higher then fade back to test $27 again before going higher.

Yes indeed. I bought more calls today. All indicators are pointing for a big move soon. Something is happening.

 

[ahomeplateslugger]

didn't someone here mention ENG last week?

It was me and you're welcome if you got in