Investing General Discussion

Sanrith Descartes

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Got 20 shares of this today to hold for a bit. See how it does
The thing to remember about SPACs, and its important, the initial purchase at $10 a share is pretty much close to 100% safe. All the money is held in escrow on the chance a deal isn't found and then its given back to investors. So it has a built in floor. So the risk is incredibly low until the merge happens. On the other end, unless the reddit/Robinhood crowd grabs it, the odds of it gaining in value is quite low until the merge is near.
 
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Sanrith Descartes

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Long story short-ish. When a Spac 1st launches it is really units (not shares) a unit is a share and a fraction of a warrant. So each unit of say... FVAC.UT is 1 share and a fraction of a warrant (which is like a stock option). So the warrents can be swapped for shares at a locked price (around $10.50 or so). After a certain time the FVAC. UT is split into FVAC shares only and FVAQ.W which is warrants only. Some folks like to trade the warrants as they act sort of like options.
 

Furry

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Forgot to mention this when I found out, but as I've been expecting AAL is slashing a bunch of flights starting tomorrow. Looks like they're doing it in a way that will cut some small cities off from service. It's probably being done to specifically try and strong arm the government into bailing them out, but who knows if it will work.

I don't think what they're doing makes business sense in terms of what they do, but I can understand why they did it as a shot at the government to beg for cash. I'd expect a second round that will look closer to a final product in the last two weeks of october. Unless some bailout cash flies their way, expect the job cuts and further flight slashing to be officially announced just before then. I believe AAL will secure money from the gubments before keeling over dead, but I don't believe in AAL's ability to secure funding before the election.
 

Sanrith Descartes

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Forgot to mention this when I found out, but as I've been expecting AAL is slashing a bunch of flights starting tomorrow. Looks like they're doing it in a way that will cut some small cities off from service. It's probably being done to specifically try and strong arm the government into bailing them out, but who knows if it will work.

I don't think what they're doing makes business sense in terms of what they do, but I can understand why they did it as a shot at the government to beg for cash. I'd expect a second round that will look closer to a final product in the last two weeks of october. Unless some bailout cash flies their way, expect the job cuts and further flight slashing to be officially announced just before then. I believe AAL will secure money from the gubments before keeling over dead, but I don't believe in AAL's ability to secure funding before the election.
Congress going home to vacation without a deal kind of put the crimp in anyone getting money.
 

Sanrith Descartes

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A tale of three chip makers. NVDA, AMD and INTC over the last 30 days. NVDA looked amazing being up 15% in 30 days until i over-layed AMD next to it and see it up 50%.
1597673008578.png
 
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" Analysts think the automaker could announce a battery cell capable of 1 million miles. "


It's a really weird way of putting it, but I think they mean a lifetime 1 million miles. Lifepo4 is already capable of this, so I assume they think Tesla will announce they've pushed the limits of lifepo4 a bit more and will be looking to widely adopt them. This is probably a good thing. Lifepo4 battery toxicity is low enough that theoretically you could just throw them in the trash, and there really is negligable/no toxic waste to deal with in producing them. I don't expect any groundbreaking announcements, with no papers being released to indicate a major breakthrough is imminent.
 

LachiusTZ

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" Analysts think the automaker could announce a battery cell capable of 1 million miles. "

It's a really weird way of putting it, but I think they mean a lifetime 1 million miles. Lifepo4 is already capable of this, so I assume they think Tesla will announce they've pushed the limits of lifepo4 a bit more and will be looking to widely adopt them. This is probably a good thing. Lifepo4 battery toxicity is low enough that theoretically you could just throw them in the trash, and there really is negligable/no toxic waste to deal with in producing them. I don't expect any groundbreaking announcements, with no papers being released to indicate a major breakthrough is imminent.

Yeah... The million mile battery was explicit in November among Tesla fanatics
 
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Wingz

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Got 100 shares of GPOR for natural gas..i think it will go up in winter with so many at home. .82 a share right now
 

Sanrith Descartes

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Got 100 shares of GPOR for natural gas..i think it will go up in winter with so many at home. .82 a share right now
Natural gas? The same stuff Shale players flare off with reckless abandon because it has next to no value because there is so much supply? That natural gas?
 

Captain Suave

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Natural gas? The same stuff Shale players flare off with reckless abandon because it has next to no value because there is so much supply? That natural gas?

It doesn't have anywhere else to go, I guess?

I worked for a paper company in 2004-5 who thought they could make money on natural gas futures. They bought a ton of long-term contracts at $10 because their 3-year linear regressions said it was going to keep going up forever. Lol.

natural-gas-prices-historical-chart-2020-08-17-macrotrends.png
 

Sanrith Descartes

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I dont mean to knock people's investments. And I apologize for doing so. I mean lets face facts, I laughed at TSLA when it dropped to under $250 a while back. Wtf do I know. At 0.82 a share it might be able to pop a decent return on a spike or something and turn out to be a homerun. Personally, I have learned my lesson with energy. Two things I avoid like the plague... the energy sector and trannies.
 
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