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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 02-23-2021, 10:30 AM   #7726
ChiliConCarnage ChiliConCarnage is online now
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I blew through all my spare cash this morning. Added some shares of Servicenow & Gan and some index ETFs. I started a transfer and thought about using margin for a couple of days but decided to just wait.

It seems Powell must have said the good things and not the bad things. The market God's are less angry than at the open.
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Old 02-23-2021, 11:37 AM   #7727
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Quote:
Originally Posted by ChiliConCarnage View Post
I blew through all my spare cash this morning. Added some shares of Servicenow & Gan and some index ETFs. I started a transfer and thought about using margin for a couple of days but decided to just wait.

It seems Powell must have said the good things and not the bad things. The market God's are less angry than at the open.
Won’t know until close if rebound after open was true.

I’m waiting.
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Old 02-23-2021, 01:58 PM   #7728
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Old 02-23-2021, 03:39 PM   #7729
lewdog lewdog is offline
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CCIV is down about 38% today from yesterday’s close.

It now needs to gain 63% from today’s close to get back to close yesterday.
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Old 02-23-2021, 03:54 PM   #7730
In58men In58men is online now
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CCIV is down about 38% today from yesterday’s close.

It now needs to gain 63% from today’s close to get back to close yesterday.
Shit stock
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Old 02-23-2021, 03:56 PM   #7731
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Still +140% on CCIV
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Old 02-23-2021, 03:58 PM   #7732
Hammock Parties Hammock Parties is offline
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Still +140% on CCIV
i'm up 200%

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Old 02-23-2021, 04:08 PM   #7733
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i'm up 200%
You obviously waited a day before posting about it then

All in the game though

:diamondhandshake:
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Old 02-23-2021, 07:00 PM   #7734
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Old 02-23-2021, 08:18 PM   #7735
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Im hoping some of you with more knowledge on the subject could explain this, as this is the first time I've ever invested in SPACs.

"Yahoo Finance Editor-in-Chief Andy Serwer recently explored the SPAC frenzy and cited Stanford Law Professor Michael Klausner's study “A Sober Look at SPACs,” which found, "SPAC investors that hold shares at the time of a SPAC’s merger see post-merger share prices drop on average by a third or more."

https://finance.yahoo.com/news/why-s...192802863.html

If this is true, wouldn't we be better off getting out of CCIV and FRX before the mergers?
I guess today answered my question. If FRX recovers I'm dumping that shit as soon as I make a little profit.
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Old 02-23-2021, 09:26 PM   #7736
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FRX is a long term hold.

You gonna dump something SHAQ and ARNOLD invested in? OK
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Old 02-23-2021, 09:47 PM   #7737
In58men In58men is online now
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FRX is a long term hold.

You gonna dump something SHAQ and ARNOLD invested in? OK
Elon and Snoop is invested in DOGE, wtf has that been doing?
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Old 02-23-2021, 09:49 PM   #7738
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Old 02-23-2021, 10:44 PM   #7739
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If you look back about 300 pages- I suggested Financial stocks. I realize dividends and steady growth are boring to many on here- but my entire portfolio is green now.

The "experts" were saying stay away from bank stocks, but I bought most at their 52 week lows. I regret not getting Square and Paypal though.
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Old 02-23-2021, 10:55 PM   #7740
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If you look back about 300 pages- I suggested Financial stocks. I realize dividends and steady growth are boring to many on here- but my entire portfolio is green now.

The "experts" were saying stay away from bank stocks, but I bought most at their 52 week lows. I regret not getting Square and Paypal though.
Like what?

Give us the Deets...
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