Boiler Room: The Official Stock Market Discussion

[Spree At Last]

Harold Miner's Space ETF begins trading tomorrow

ARKX - Space Exploration and Innovation ETF | ARK Invest

https://ark-funds.com/wp-content/fu...XPLORATION_&_INNOVATION_ETF_ARKX_HOLDINGS.pdf

i hope this is just some sort of preliminary report, the holdings look very small overall. i dont understand why some of these companies are in here (JD doesn't do space exploration... maybe cathie thinks they will in the future?) the number of shares per company is low.

regardless im staying away from this fund, LMT is enough exposure to space for me

 

[Saysumthinfunnymike]

Sold arkf. i'll take the 20% return on that. still got arkk and arkg

 

[Saysumthinfunnymike]

No point in trying to guess when growth will return. i'll hang on to (or add to) some individual companies like Tesla, SQ, PLTR. But everything that's super speculative i'm staying away from for now.

 

[Saysumthinfunnymike]

i hope this is just some sort of preliminary report, the holdings look very small overall. i dont understand why some of these companies are in here (JD doesn't do space exploration... maybe cathie thinks they will in the future?) the number of shares per company is low.

regardless im staying away from this fund, LMT is enough exposure to space for me

The holdings look like a Cramer portfolio.

 

[Liu Kang]

One question

So I'm a bit lost on my MLND play. Basically the crash today was caused by the news that they will merge with another company. This is new to me and I do not know how to manage.
Tempest and Millendo Announce Proposed Merger Agreement - Investors - Millendo Therapeutics, Inc.

About the Proposed Merger

Millendo stockholders are expected to own approximately 18.5% of the combined company and pre-merger Tempest stockholders will own approximately 81.5% of the combined company. The percentage of the combined company that Millendo’s stockholders will own as of the close of the transaction is subject to adjustment based on the amount of Millendo’s net cash at the closing date.

Upon closing of the transaction, Millendo will be renamed Tempest Therapeutics, Inc. and will be headquartered in South San Francisco, CA. Stephen Brady and Tom Dubensky, Ph.D., will serve as chief executive officer and president, respectively, of the combined company. The merger agreement provides that the Board of Directors of the combined company will be comprised of seven members. The merger agreement has been approved by the Board of Directors of each company, and the transaction is expected to close in the first half of 2021, subject to approvals by the stockholders of each company, the effectiveness of a registration statement filed with the U.S. Securities and Exchange Commission to register the shares of Millendo common stock to be issued in connection with the merger, the completion of a PIPE financing, and other customary closing conditions.

SVB Leerink is serving as the exclusive financial advisor to Millendo and WilmerHale is serving as legal counsel. Piper Sandler is serving as the exclusive financial advisor to Tempest and Sidley Austin is serving as legal counsel.

That Tempest renaming is not effective yet so that TPST qupte doesn't exist. What will happen with my MLND holdings ? Will they be converted to TPST once the merger is official or should I sell the MLND to rebuy TPST once it starts trading ? I did not do the maths on the possible devaluation of the stock so it's really just a technical question on how to manage mergers.

 

[the cac mamba]

Global banks warn of possible losses from hedge fund default

 

[mr. smoke weed]

Are there any value plays that haven't ran already? i'm not tryna buy shyt at the top especially shyt that doesn't have much of a future. Airlines.. travel.. casinos.. regional banks.. Oil.. cruises...restaurants... All that shyt has ran. The idea that they are undervalued is laughable.

@dora_da_destroyer

I work for a mfg company that makes ice machines for restaurants/hotels etc. Number 1 client is Starbucks

Find companies that supply items to the places re-opening....were busy AF

 

[Starski]

The second biggest holding in the ark space etf is ark 3D printing

is there a precedent for that?

 

[NatiboyB]

The second biggest holding in the ark space etf is ark 3D printing

is there a precedent for that?

i don’t know I’m sure it will be reworked but I’m definitely not hopping into this one for a bit.

 

[GoldenGlove]

The second biggest holding in the ark space etf is ark 3D printing

is there a precedent for that?

shyt's crazy tho, I saw some company out here 3D printing houses, so when I saw that company in the ETF I just assumed that they probably will be printing parts/components related to space exploration.

 

[NatiboyB]

shyt's crazy tho, I saw some company out here 3D printing houses, so when I saw that company in the ETF I just assumed that they probably will be printing parts/components related to space exploration.

isn’t that more so of what they have arkq for? It’s like they just tossed some random things in here. Where are the gilats and sftws and others

 

[dora_da_destroyer]

The second biggest holding in the ark space etf is ark 3D printing

is there a precedent for that?

maybe they do a lot of prototyping for space related companies, print up satellites, flight, space center parts before they're manufactured from the real materials

 

[Slim]

The second biggest holding in the ark space etf is ark 3D printing

is there a precedent for that?

Insert Marc by Marc Jacobs for Marc Jacobs meme

 

[Saysumthinfunnymike]

Where are the gilats and sftws and others

they are holding off on spec names which tells me they don't think growth can bounce back anytime soon.

 

[NatiboyB]

they are holding off on spec names which tells me they don't think growth can bounce back anytime soon.

I guess that should also tell me to stay away from this etf...I think I’m going to find a way to get my Arks down to just ArkK