SPAC & IPO Ideas
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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Sanrith Descartes
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Sanrith Descartes
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Considering its a nat gas associated company, this tells me people buying it dont have a clue about the underlying company.
Jysin
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Next thing you are going to start talking about fundamental analysis. GTFO boomer!
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Sanrith Descartes
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I am checking the short shares available and this is true for lots of meme stocks. Payback for the AMC/GME attack I reckon.
Look at VLDR. Match up the times people closed out shorts (the number of shortable shares available increase) and open shorts (Shares available go back to zero) and match it to the chart today. The times line up. It is being shorted to the floor right now. Good news is there is nothing left to short so this is kind of the bottom in terms of price.
Shortable Stocks
Available borrow and fee rates for all US-listed stocks. Updated every 15 minutes during market hours.
www.shortablestocks.com
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“Teh manipulation!”
Even social media for crypto is full of this now.
Bitcoin goes down, “this is being manipulated!” The good thing is people are calling out the idiots on it and piling on with comments or downvotes.
Fucking GME / AMC cult is to blame for all of these retards.
Sanrith Descartes
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Sometimes is really is manipulation though. If by manipulation you mean all the shortable shares having been loaned out to short.
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Well sure, I get it’s a real thing, but it’s these people calling any downturn everywhere on every stock manipulation.
Sanrith Descartes
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Well, most of them have the IQ of a turnip so its to be expected.
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Sanrith Descartes
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+12%. Something is up.
+13% and I am now green on the shares I got assigned a month ago.
+15%
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Sanrith Descartes
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Sanrith Descartes
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They should just give me the money. They still lose it but at least I get rich off of it.
Jysin
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From yesterday:
www.sec.gov
SEC.gov | SPACs, IPOs and Liability Risk under the Securities Laws
SPACs, IPOs and Liability Risk under the Securities Laws, statement by John Coates, Director, Division of Corporation Finance
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Sanrith Descartes
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The important part:From yesterday:
SEC.gov | SPACs, IPOs and Liability Risk under the Securities Laws
SPACs, IPOs and Liability Risk under the Securities Laws, statement by John Coates, Director, Division of Corporation Finance
"More specifically, any material misstatement in or omission from an effective Securities Act registration statement as part of a de-SPAC business combination is subject to Securities Act Section 11. Equally clear is that any material misstatement or omission in connection with a proxy solicitation is subject to liability under Exchange Act Section 14(a) and Rule 14a-9, under which courts and the Commission have generally applied a “negligence” standard.[11] Any material misstatement or omission in connection with a tender offer is subject to liability under Exchange Act Section 14(e). De-SPAC transactions also may give rise to liability under state law."