I am sticking with my sub-$11 ceiling for SPACs. It came close.I missed a GSAH reload when it dropped <$12. It bounced solid back over $13.
I was trying to manage other swing positions.
People “buying the dip” getting double burned no doubt.CCIV has that look in its eye that is saying... "I'm not done fucking with you just yet"
I think 35 is trying to hold mainly because of the insane amount of options at that strike (like 30k just in March).People “buying the dip” getting double burned no doubt.
So, the amount of options at a certain strike influences resistance? How exactly?I think 35 is trying to hold mainly because of the insane amount of options at that strike (like 30k just in March).
I interpret this to mean that 3 million shares (30k contracts) have been bought/sold at this strike therefore there is a lot of existing sentiment about the stock at this specific price.So, the amount of options at a certain strike influences resistance? How exactly?
Rule #1 of investing. Get off Robinhood.
To be honest, My wife has the same issue with Fidelity so I opened her SEP with TD the other day. As to Fidelity, I really like them but this is a known issue they have got to resolve.Suggestions? I've got Fidelity, Robinhood, Stash, and Coinbase. CB is fine for crypto, but Fidelity never fixed me being frozen out so I can't trade on there. RH and Stash are both pretty bad for completely different reasons. Do not recommend.
Are ZNTE and VCVC DOA? I've been watching these ones because y'all talked about them. But they seem to be on the train down to $10?
Depends on the underlying company and how it performs. For example DKNG has done ok so far.total noob here but when a SPAC hits like CCIV did does it ever recover back to its high point or is it a one and done kinda thing?
total noob here but when a SPAC hits like CCIV did does it ever recover back to its high point or is it a one and done kinda thing?
I think the 3d printing space is good space.. The challenge is is this particular company a good company. The SPAC landscape is littered with companies who sucked and should never have gone public. It's all about doing the DD on the individual company. This goes for the SPAC too reading all the SEC filings.What do you guys think about AONE.U ? I'm interested because they're taking a metal additive 3d printing firm public through acquisition and I think that's an area that will be doing good business over the next decade. But I have a mixed bag of feels about the SPAC because it involves the Eventbrite guy who I just get a queasy feeling about for reasons I can't put a finger on.
As for trading platforms. I'm on Coinbase for crypto (crypto newb here), and e-trade for Stocks since I have a company stock RSU plan which came with automatic e-trade account.