The D-List Vet
Being in a recommendation system.
So are we still staying with the plan of keeping "Spartan Energy" or will Fisker now?
Sold mine. It was suddenly worth double and falling. Nice little 200 amongst the thousands I'm bleeding right now.
Bought 20 of SPAQ for 196. Fisker deal happened, they converted the stocks to 40 of FSK. Woke up to a hair under 400 of FSK. Got lucky in the acquisition. Wish I bought 100 like I started to, but my portfolio has been bleeding terribly, and I didn’t know the Fisker deal was that close, so I went slow.Spartan/Fisker doubled up?
When? I haven’t seen it double in value.
I’m calling
Fisker on CNBC right now
So are we still staying with the plan of keeping "Spartan Energy" or will Fisker now?
Bought 20 of SPAQ for 196. Fisker deal happened, they converted the stocks to 40 of FSK. Woke up to a hair under 400 of FSK. Got lucky in the acquisition. Wish I bought 100 like I started to, but my portfolio has been bleeding terribly, and I didn’t know the Fisker deal was that close, so I went slow.
IDK. I'm still new to this. Never heard of that happening. Weak.For some reason the 5 shares I had got kicked back....I woke and had to re-invest, I asked my wife if her shares got kicked back she said no.
Why would mine get kicked back?
If y’all were in the real stock market thread in HL, I advised people months ago not to fukk with SPAQ because their CEO is shady.
Some nikkas can’t take heed to warnings and got learn the hard way
Bought 20 of SPAQ for 196. Fisker deal happened, they converted the stocks to 40 of FSK. Woke up to a hair under 400 of FSK. Got lucky in the acquisition. Wish I bought 100 like I started to, but my portfolio has been bleeding terribly, and I didn’t know the Fisker deal was that close, so I went slow.
If he cuts the budget its like 15 or 75 billion out of 500 to 600 plus billion in spending or something like that. Which to an investor is really nothing and doesn't mean your lockheed stock goes from 380 bucks a share to 20 bucks a share.
I mean obama administration cut the budget by like 100 billion from 2012 to 2015. But then the obama administration in 2016 requested a budget increase for 2017.
So yes a 15 to 100 billion decrease is big for folks who work in the industry. But for investors it doesn't really hurt them. Especially when you look at how defense stock prices exploded under obama's second term.
In saying all of that I can see a slight cut or reduce of growth in 2022 due to government spending on covid. The dems might throw a few pennies to social issues as well but it will be the little nickle and dime variety of 20 to 50 bill over X amount of years.
But defense is here to stay especially with this new cold war going on and covid might have made it worse cause China's economy is gonna get a jump on everyone else. Not to mention how aggressive they have been in the south china sea, middle east, with taiwan, with hong kong and with africa and bases/poison pill loans.
Nice!
I bought eight of them. I’m going to sit on them for a bit. Maybe Fisker will get to Tesla’s level.
And maybe not.
If he cuts the budget its like 15 or 75 billion out of 500 to 600 plus billion in spending or something like that. Which to an investor is really nothing and doesn't mean your lockheed stock goes from 380 bucks a share to 20 bucks a share.
I mean obama administration cut the budget by like 100 billion from 2012 to 2015. But then the obama administration in 2016 requested a budget increase for 2017.
So yes a 15 to 100 billion decrease is big for folks who work in the industry. But for investors it doesn't really hurt them. Especially when you look at how defense stock prices exploded under obama's second term.
In saying all of that I can see a slight cut or reduce of growth in 2022 due to government spending on covid. The dems might throw a few pennies to social issues as well but it will be the little nickle and dime variety of 20 to 50 bill over X amount of years.
But defense is here to stay especially with this new cold war going on and covid might have made it worse cause China's economy is gonna get a jump on everyone else. Not to mention how aggressive they have been in the south china sea, middle east, with taiwan, with hong kong and with africa and bases/poison pill loans.