Stock Advice Thread
- Thread starter dgtatu01
- Start date
These SPAC’s - like DPHC - are both great swing trades on a day to day basis or as a hold depending upon your investment and time availability preference. DPHC will likely finish up for the day in an otherwise red market. DPHC is at week 6 in the typical 20 week SPAC schedule and is arguably ahead of the other SPACs this year at that stage. There is potential to run to 50, 60, dollars before the end of this year .... if the tech bubble holds up.
With respect to swinging these SPACs day to day, I bought SPAQ yesterday for $14.30 during a dip and sold today for $15.30 during a peak. That’s a 7% return for a 24 hour trade. That opportunity doesn’t occur every day, but it occurs a lot, and if you annualize returns like that suffice it to say it adds up big.
A person buy WKHS right now at 5% down and it will be up 5+% in the next 1-2 days for a 10+% gain.
With respect to swinging these SPACs day to day, I bought SPAQ yesterday for $14.30 during a dip and sold today for $15.30 during a peak. That’s a 7% return for a 24 hour trade. That opportunity doesn’t occur every day, but it occurs a lot, and if you annualize returns like that suffice it to say it adds up big.
A person buy WKHS right now at 5% down and it will be up 5+% in the next 1-2 days for a 10+% gain.
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Making some money now on DPHC, but NEXCF really rocking, look at it, agreement with MSFT this AM!
Hope folks took the DPHC investment advice into action. There's still a lot of upside on that stock. Difficult to predict where this will run up to, but could see 50-60 just this year.
WKHS has upside regardless given their $2B in preorders, but is poised to explode if it gets a piece of the USPS contract
If you are interested in some other SPAC's at a lower entry price, then HCAC and SPAQ are a couple that I would recommend that you look into. Lot of good upside on both of those as well. HCAC is young in its SPAC cycle and SPAQ is starting to take off now.
WKHS has upside regardless given their $2B in preorders, but is poised to explode if it gets a piece of the USPS contract
If you are interested in some other SPAC's at a lower entry price, then HCAC and SPAQ are a couple that I would recommend that you look into. Lot of good upside on both of those as well. HCAC is young in its SPAC cycle and SPAQ is starting to take off now.
One month until Big Blue Madness and my portfolios are bouncing back nicely this week.
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Halfway through traditionally the worst month of the investing year!
Snowflake is going to IPO today......at a really high $120/share.
I plan to buy in cautiously.......maybe catch the "pop" but follow it with a stop-loss closely. I might sell off.....wait till it drops, then buy back in. I think Snowflake is a really nice long term growth prospect.
I plan to buy in cautiously.......maybe catch the "pop" but follow it with a stop-loss closely. I might sell off.....wait till it drops, then buy back in. I think Snowflake is a really nice long term growth prospect.
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The symbol is SNOW. It's supposedly the largest tech-software launch in history.
This is freaking weird though. I've never seen a launch like this. It was priced last night at $120. Rumor is that it's launching for much higher. Indications of opening price has been rising all morning. It's gone from $120.......to $155......and now reports are that it's well above $200? I've never seen this before.
Allegedly, the only IPO Warren Buffett has ever bought into.
Cramer states that Snowflake has massive potential long term as well. However, I'm not jumping on an IPO that increases it's price well over >100% before it even launches. I'll wait for a significant pull back........then sit long.
Wow. Snowflake broke at $245.........briefly went to $290's........and now is at $245 and falling fast.
It's now fluctuating between $245-265.......and trading volume has doubled since it broke 2-3 hrs ago. Who the heck is trading this right now? It was originally valued around $80/share.......then they said it would open at $100-110.......official price set at $120........then it actually released at $245. How in the world can anyone justify value at this price?
Here's an interesting penny-type play. Aqua Bounty. (AQB) currently $4.16
Cathie Wood recently bought it for one of her ARK funds and it looks very interesting. AQB found a way to produce and farm salmon just about anywhere in a much shorter time period and with less cost.
Right now the US imports most of it's salmon from Chile, Argentina, Canada, etc. It often takes 24-36 months to produce and harvest each salmon. AQB can plop a facility on the outskirts of NYC and produce salmon in about 18 months. And they've recently started some paperwork for China which is one of the largest consumers of salmon.
It's an interesting concept with some nice potential.......but it certainly is in the risky category.
Seeking Alpha currently rates them thus........
Factor Grades
Cathie Wood recently bought it for one of her ARK funds and it looks very interesting. AQB found a way to produce and farm salmon just about anywhere in a much shorter time period and with less cost.
Right now the US imports most of it's salmon from Chile, Argentina, Canada, etc. It often takes 24-36 months to produce and harvest each salmon. AQB can plop a facility on the outskirts of NYC and produce salmon in about 18 months. And they've recently started some paperwork for China which is one of the largest consumers of salmon.
It's an interesting concept with some nice potential.......but it certainly is in the risky category.
Seeking Alpha currently rates them thus........
Factor Grades
I read their 10k after seeing your post. Pretty interesting stuff.
I‘ve done that with several tech stocks, about 20% ownership and dropping on those. Added some SPWH and back into my throwaway glove company, TGLVY, coming off a 3 for 1 split. Broker Citigroup anticipates a double because of demand going into 2021 even if a vaccine comes along, 2022 would be a big anticipated drop in their revenue, though. Medical stocks going down today for some reason, a couple of SPACs I hold still going up, frighten me though I listen to the astute RBS, while realizing the risk is always on me!
I'm always buying tech when I reinvest dividends but it's getting close to the time to start looking at them again. Especially the high growth ones that can survive this economic crisis. It's always scary to make that move when they're down 20% but it could be about time for a name like DOCU or LVGO. I'd always suggest to start small and buy more on the way down. My IRA order for PLD is near my limit price as well.
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I held most of my LVGO, DOCU yes indeed, buy list, LOGI maybe? Heard of another I wish I had bought, LAZY, and it’s not the easy chair company, it’s a Fl RV and camping supplies company on a big run, pure momentum play after its PE went to 80. I don’t know how I missed it, looked hard at Camping World after visiting a relative at their winter RV spot north of Tallahassee, it’s even bigger than I thought as people are selling their homes and RVing or buying/leasing them to avoid hotels.
Interesting, eps out Monday, 25 PE for THO, I’ll be watching, campers start stirring after Christmas anymore.
No, blank check companies are pretty new to investing, nice momentum, I’m enjoying, too, but could be a distant memory in a year or less?
Sanity check to see if I correctly understand these scenarios.
1. DHCP will likely continue to increase stock price until the Lordstown merger. Not much chance of this going south at this time.
2. WKHS has a lot riding on the USPS contract. 50/50 on getting the whole contract. There may be a split with Ford/Oshkosh ICE and WKHS EV on the deal. The third player with a hybrid is a longshot.
3. If WKHS does not get the USPS contract there will be a a large drop in stock price in the range of 20% to 50%.
TIA for your input.
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Lamar, I don’t own WKHS. I hope you are correct about DHCP continuing upwards, first blank check company I’ve held more than a week. Poster RBS is the one here knowledgeable about these companies, you might want to go back a few pages and read his informative posts. My top holdings are AMZN, NVDA, LVGO, made pretty good off some other companies in 2019-20, but sold them.
Sanity check to see if I correctly understand these scenarios.
1. DHCP will likely continue to increase stock price until the Lordstown merger. Not much chance of this going south at this time.
2. WKHS has a lot riding on the USPS contract. 50/50 on getting the whole contract. There may be a split with Ford/Oshkosh ICE and WKHS EV on the deal. The third player with a hybrid is a longshot.
3. If WKHS does not get the USPS contract there will be a a large drop in stock price in the range of 20% to 50%.
TIA for your input.
If you are concerned about it, just put an automatic stop loss price on WKHS of say 10%. You can adjust upward as the price increases.
Thanks for the feedback. I have been setting my WKHS stop loss at 5%, but that may be tight.
I have been looking at some others PIC, INO, SPAQ, etc... Would be interested in what you have on the burner.
My background is investing in mutual funds throughout my working career. I recently retired and I am new to individual stock investing. I did my research on DPHC and WKHS after reading your posts about them. My good luck that you are willing to share.
I also did two day trades on WKHS and each produced more in two hours than I could have earned working for a day. Again thanks to your directon.
I have them both in my ROTH IRA which is an additional benefit if they produce.
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Christmas in late September? Time to scarf up some bank stocks.
"Where there's chaos, there's money."
"Where there's chaos, there's money."
Grabbed 5 shares of Apple at 115 and it then proceeded to plummet to 99 haha.
I'm not an Apple fan, but I looked at their Apple TV offering.. and they have a ton of quality content on it. I was very surprised. I think it's going to take a big chunk out of the other guys..
I'm not an Apple fan, but I looked at their Apple TV offering.. and they have a ton of quality content on it. I was very surprised. I think it's going to take a big chunk out of the other guys..
Curious if today breaks the trend of finishing the day lower. Idk but this seems like a setup again to me. Two of my orders have executed and I'm hoping to buy more PLD.
