Refresh me on this SPAC stuff. If I buy shares of HOL now, will I be holding shares of ASTR stock after the merger is finalized in Q2? Or do wait to purchase ‘astr’ stock in Q2 once deal is finalized. https://finance.yahoo.com/quote/HOL/ https://www.cnbc.com/2021/02/02/roc...blic-astr-via-spac-at-2point1b-valuation.html
Everything is a hold for me I don't even know what you guys are talking about most of the time. But I do know... Rockets go to moon.
if shares fall to $6 for example.... is that a good time to buy at a huge discount and then hold for 10 yrs or would this company just dissolve resulting in 100% loss?
if everything goes through, your shares of HOL will change ticker to ASTR automatically when the time comes. no need to do anything. i have no opinion on whether to buy here tho. i bought in at $13+ on a guess that market will like rockets.
very hard for a company to dissolve, even complete frauds like wirecard are still hanging on, and the allegations here are nowhere close to wirecard's practices. doubt it goes to $6. let's see what chamath or the company has to say...
to say that NFLX has been on a roller coaster ride would be putting it mildly. on a great ERS in late Jan, poped 75 since then it has closed the gap, falling on the 50 dma for support bounced up off the 50 dma today, after report of its subscription price increases in Japan and UK, it has jumped another 13, heading towards the upper trading channel ~ 600. this poignantly illustrates the difference between Disney Plus and NFLX while NFLX has pricing power, DisneyPlus is effectively free
I'm really interested in green energy as well, but was looking more at big energy companies making high dollar moves in that direction as they'll probably just buy everything. I used to be focused on all this but lost interest and need to do a lot of reading/ etc to catch up. Rainwater collection used to be a big one for me and it really just kind of fizzled -- still out there but not like I have thought it would be a decade ago.
@saitou This the article I read that made me pass on CLOV. I haven't read the hedgie article today but see if there are similarities.
thanks for the info, this is MJ's dividend history MJ is trading ~~24---in applying fibonacci retracement levels---there is a good chance that it will hit 35 before year-end, recapturing the 2019 high
You read the whole piece? It doesn't read like a hit piece. It's a dissection of the business and what has propped it up. Doesn't sound like a company killer, but the facade of innovation, distruption, and higher ethics is certainly shattered. Also, how innovative can a company be that is based off of Medicare?
Also Hindenburg is pretty legit. They've done reports like this before on other companies and have been very thorough in the past. This whole thing exposes why SPACs are so dangerous. They don't go through standard disclosures that are required for traditional IPOs so there's always huge risks that come with investing in them.
For me, with SPACS, i am in it till the merger. I don't care to hold afterwards. I will get into it later if I feel it's a good value but I will let the spac merger hype die down. Look at NKLA. Big deal with the spac only to turn out to be a fraud.
