GME is up again? Good grief!
CCIV SPAC still not doing well:
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
CCIV SPAC still not doing well:
I don't want to say the world is squeeky clean, but I think people are looking way too hard trying to find conspiracies.
This time there does seem to be a fundamental pushing this story as there maybe a CEO stepping in looking to turn GME around.
One thing you have to admit is this has all provided one heck of a platform for the GME name. Can someone step in and capitalize on all this news ? Not to mention selling some stock at these prices?
This just your crypto account?
I was up 2.67% in regular trading but fell back in extended.
Healthy or not, this market has proven it's resilience over and over again
No, I was referring to the R2K. My E-Trade was up 1.4% and crypto account was +6.9% today. I need to wait on my main retirement account since fund prices don't post until 6pm'ish (but it normally tracks pretty closely to my E-Trade).
SOXX and XSD crushed it today, so the semis led the way for me.
This is not investing, it's gambling. It's now tripled on the news of a job vacancy. Apple didn't go up like this when Steve Jobs came back. And do you think Gamestop will come up with anything as innovative as Apple did? If you want to play this game have fun. Just don't call it investing.
Ha, I read it as T2K not R2K. Thought you were talking about yourself in the 3rd person.No, I was referring to the R2K. My E-Trade was up 1.4% and crypto account was +6.9% today. I need to wait on my main retirement account since fund prices don't post until 6pm'ish (but it normally tracks pretty closely to my E-Trade).
SOXX and XSD crushed it today, so the semis led the way for me.
I wish I seperated my Crypto's from my non crypto's just to see their relative performance.
I never said it was investing, nor am I in it, so settle down tiger.
But I'm not sure it's gambling either. Price manipulation seems to be a better description.
Yeah, having a separate account for cryptos is the way to go. Remember, I originally bought ETHE in E-Trade but then dumped it prior to making the move to a specific Fidelity brokerage account. So much better!
I asked the question yesterday, But what are peoples thoughts on the sector?
This news only adds to the bullish thesis for the US companies.
Just when I thought all the easy money was gone. Hope there is another run up tomorrow so I can setup some shorts.
MRNA is one that I've watched run, wish I had gotten in at a couple levels, and even at these prices, which are hundreds of % points higher then where it started last year, it might be pretty cheap.
Steve Weis called it the cheapest stock, by far in his portfolio.
Steve Weis called it the cheapest stock, by far in his portfolio.
You might be thinking about Henry Blodget.
I remember the dotcom crash because I was a little younger than the 29 year old CEOs who become millionaries by taking their companies public thanks to investment banks. The same banks with analysts like Blodget promoting dotcom stocks, had their own traders dumping.
I am very bullish on semis, so much so that I added SOXX and XSD to our main retirement account. Semis are indispensable in today's economy. SOXX/XSD make up 6.5-7.0% of main account and 10% of our E-Trade account.
That said, I have no idea about individual semi stocks!
More then that. Down from a $294 high from last week to $237 in extended today.
XSD is 90% US and SOXX is 85%. SMH (another solid semi ETF) is 75%. Not sure of any that are 100% domestic.
They probably all have some TSM.
Stuff I'm watching.
OSK. Ran yesterday on news of a clean energy vehicle deal with USPS. But has settled back a bunch since.
SNOW. Was up over $300 for a bit currently back in the $270's, looks super expensive on price to sales at 150x, but look at the estimated rev growth, 10x 2020's rev's by 2024.
QCOMM, on a big dip now and probably a good time to buy in.
MP, CEO is on cramer today. Rare earth miner. See batteries, materials, etc. Chart looks like a recent spac merger. Strong rev growth, and already profitable?
OSK. Ran yesterday on news of a clean energy vehicle deal with USPS. But has settled back a bunch since.
SNOW. Was up over $300 for a bit currently back in the $270's, looks super expensive on price to sales at 150x, but look at the estimated rev growth, 10x 2020's rev's by 2024.
QCOMM, on a big dip now and probably a good time to buy in.
MP, CEO is on cramer today. Rare earth miner. See batteries, materials, etc. Chart looks like a recent spac merger. Strong rev growth, and already profitable?
That's him. Merril Lynch also had a female analyst (last name Cohen?) who predicted the Dow to 50k and NASDAQ to 10k in a short time. I haven't heard from or of her since then.
Goldman, Abby Joseph Cohen. And Blodfett went on to found Business Insider.
This is interesting.
THCB a spac which recently merged with Microvast, a battery developer, recently signed a deal with the above mentioned OSK.
So OSK signs a deal for clean energy, including EV, with the USPS and OSK recently signed a deal with Microvast.
But THCB was down big today?
THCB a spac which recently merged with Microvast, a battery developer, recently signed a deal with the above mentioned OSK.
So OSK signs a deal for clean energy, including EV, with the USPS and OSK recently signed a deal with Microvast.
But THCB was down big today?
It was up above 22 yesterday when the news of the usps deal first broke. Gave most of it back today. SPACs in general took a beating the last few days, but you’re right not much sense to this one.
What a crazy turn of events the last few days for them. Par for the course with most SPACs that run like that. Will be interesting to see where it goes from here.
OSK fell throughout the day as well.
From some light reading it looks like the deal with USPS is for EV as well as clean fuel, whatever that means. But if it is more of the latter the market may not be as excited about it in general, but that would be a bigger pinch to THCB.
Still, THCB, which currently has a $600 mil market cap, has a deal in place with a pretty significant industrial company with a significant gov't contract. That's some solid association.
I have some DE, as well as some CAT, might move some from here to get in to that OSK-THCB collaboration.