Boiler Room: The Official Stock Market Discussion

Joined
May 1, 2012
Messages
178,993
Reputation
22,418
Daps
585,339
Reppin
49ers..Braves..Celtics
i've been checking out Maxar Technologies for a while now and they got a nice looking chart.. lil pullback to the 20 day and could be started again on the uptrend here soon.

i see more potential, i know Maxar has run quite a bit but they have some nice contracts and i'd be shocked if they aren't part of the ARKX etf
 

FabTrey

Superstar
Joined
Apr 2, 2017
Messages
12,905
Reputation
-1,689
Daps
28,200
it's good to have this back and forth discussion, i just don't see these 'risks' that dudes are talkin about with SPACs right now. i have a gameplan and i stick to it.

i'm trying to help people out.. i'm certainly not trying to claim to be smarter than anyone else but i have followed SPACs damn near religiously since they started really blowing up around April/May of last year and i'm pleased with the results.

Jeremy is a very smart guy he's turned himself into a multi millionaire, i agree with a lot of what he says but on the SPAC issue i'm just not concerned at this point :manny:


people need to realize SPAC is the easiest money in the market when planned right.

get in below $12 and get out at $15-$18 range. take the profit and get out. go find another SPAC below $12. and rince and repeat. but the hardest part is not being greedy.


i can't think of easier path for a good gain. i'm not sure why i'm not doing this tho. :heh:
 
Last edited:

CBalla

Superstar
Supporter
Joined
Aug 7, 2019
Messages
4,892
Reputation
332
Daps
14,979
people need to realize SPAC is the easiest money in the market when planned right.

get in below $12 and get out at $15-$18 range. take the profit and get out. go find another SPAC below $12. and rince and repeat. but the hardest part is not being greedy.


i can't think of easier path for a good gain. i'm not sure why i'm not doing this tho. :heh:
BREZ
you’ll thank me later
 

Rickdogg44

RIP Charmander RIP Kobe
Joined
May 1, 2012
Messages
8,573
Reputation
740
Daps
13,238
Reppin
Atlanta
people need to realize SPAC is the easiest money in the market when planned right.

get in below $12 and get out at $15-$18 range. take the profit and get out. go find another SPAC below $12. and rince and repeat. but the hardest part is not being greedy.


i can't think of easier path for a good gain. i'm not sure why i'm not doing this tho. :heh:
Exactly. Very hard. I almost need to apply a mathematically robotic limit to get out at 20-30%. These warrants jump up and down in a couple weeks like that. I'm disappointed in reaction to FRX (Beachbody) and FCAC ( ShareCare). Guess it needs to be EV, Battery, or Fintech to pop 100%. Still not sure how AppHarvest is up like 300% another @chineebai call :francis:
 

dora_da_destroyer

Master Baker
Joined
May 1, 2012
Messages
64,987
Reputation
15,910
Daps
265,962
Reppin
Oakland
That vid is no different than what Boomer Cramer called out - Spacs are great in a bull market, but we’re getting to a saturation point and if there’s a downturn, they definitely don’t do as well so be cautious, the end.
 

dora_da_destroyer

Master Baker
Joined
May 1, 2012
Messages
64,987
Reputation
15,910
Daps
265,962
Reppin
Oakland
Exactly. Very hard. I almost need to apply a mathematically robotic limit to get out at 20-30%. These warrants jump up and down in a couple weeks like that. I'm disappointed in reaction to FRX (Beachbody) and FCAC ( ShareCare). Guess it needs to be EV, Battery, or Fintech to pop 100%. Still not sure how AppHarvest is up like 300% another @chineebai call :francis:
App harvest plays into the green/sustainability wave. I wanted in on that one but found it too late. Still may get it as a believe AgTech is going to be a high growth market
 

Rickdogg44

RIP Charmander RIP Kobe
Joined
May 1, 2012
Messages
8,573
Reputation
740
Daps
13,238
Reppin
Atlanta
That vid is no different than what Boomer Cramer called out - Spacs are great in a bull market, but we’re getting to a saturation point and if there’s a downturn, they definitely don’t do as well so be cautious, the end.

I may start trimming my @bnew warrants etf I got going. Only do a few vs like 15 lololol. Although I believed in FRX due to the team... maybe it will turn around :to:
 

Rickdogg44

RIP Charmander RIP Kobe
Joined
May 1, 2012
Messages
8,573
Reputation
740
Daps
13,238
Reppin
Atlanta
You just do warrants cuz they’re cheaper? You sell when the hype train is going or do you sell them after the merger?
I do them for more % gain. But they don't have the backstop like commons at $10 . so little more risk.

The plan was to get in pre announcement around $2 per warrant or less. Once the announce, if the commons jump 20-30%, the warrants should go 80-100%. Example at $15 commons should have warrants around $3.50 ($15.00 minus $11.50). Could be more or less depending on market/supply/demand

I was going to take half my position out at 100% and let the rest ride for free / up to merger. Unless I really like the company.
 

Rickdogg44

RIP Charmander RIP Kobe
Joined
May 1, 2012
Messages
8,573
Reputation
740
Daps
13,238
Reppin
Atlanta
That plan hasn't worked for FRX or FCAC - they stayed around my initial cost basis after announcement. But MCMJ, GNRS, IPOF are up 60+% without an announcement.. :yeshrug:
 

Rickdogg44

RIP Charmander RIP Kobe
Joined
May 1, 2012
Messages
8,573
Reputation
740
Daps
13,238
Reppin
Atlanta
Another way to see (yes I'm cherry picking a homerun). Look at CCIV say you got warrants around $2 early as late as early January, it is up to $18 now. Vs commons going $10 to $40.

IMO in think UNITS day one are even better, get commons and warrants. It just ties up capital until you are allowed to split to commons and warrants.
 

chineebai

Superstar
Joined
May 11, 2012
Messages
11,043
Reputation
911
Daps
29,989
Reppin
NULL
Exactly. Very hard. I almost need to apply a mathematically robotic limit to get out at 20-30%. These warrants jump up and down in a couple weeks like that. I'm disappointed in reaction to FRX (Beachbody) and FCAC ( ShareCare). Guess it needs to be EV, Battery, or Fintech to pop 100%. Still not sure how AppHarvest is up like 300% another @chineebai call :francis:
More to go on apph, just my opinion.
 
Top