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IPO

SPAC: Special Acquisition to "IPO private companies"Dipping your toes into the wild "reverse IPO" SPACs.... A SPAC, Special Purpose Acquisition Company, is a company that uses its funds to transform existing private companies to list them on the Stock Market. Read up on the SEC.GOV on these "special" financial instruments from Wall Street and friends before risking a penny on these things. We'll use a special SPAC acquiring a company very close to home: D-Wave Systems of Vancouver (Burnaby), Canada regulated under Canadian and BC Laws. For D-Wave's IPO via XPOA (the SPAC) to QBTS ("quantum bits") this will be done on the NYSE listed. D-Wave Systems is currently private and a leader in Quantum Computing with North American headquarters and control. A former Canadian star is graduating to the US. See the company web site for details www.dwavesys.com AI (Artificial Intelligence) is the future and "Quantum Bits" D-Wave QBTS might do very well as it becomes fully vetted in the USA via it's "big board", the NYSE (New York Stock Exchange). Everything needs "servers" and quantum computers are the big players in serving processing speeds. Check the past and recent clients for D-Wave Systems. In this Tutorial, we'll use TradingView Charts to explaining the possible price action on this chart based on the public information available both in the US (new D-Wave Regulatory home) and Canada (existing D-Wave Regulatory home). As a way of a background: D-Wave a leading Canadian Quantum SuperComputing is on its way to "move" from being privately held in Vancouver, Canada to being American sharesholder owned via NYSE under the expected symbol QBTS..SPACs are one way to play the IPO but it's all speculative. These are listed as The very interesting thing with the Markets is Canada operates under its own rules and Laws. So something that might be approved in Court last week for example, is "public" in Canada but may not be advertised in the US until regulatory requirements are met in both Canada and the US. The Charts on XPOA (DCPM Capital), shows the spike in February 2022 when the acquisition was announced. "Update: D-Wave to Go Public via Merger with SPAC DPCM Capital; DPCM Shares Rise Feb 8, 202208:47 Reuters D-Wave Systems, a provider of quantum computing systems, software, and services, said Tuesday that it has agreed to merge with special purpose acquisition company DPCM Capital (XPOA) to become a publicly-traded entity." In July, the charts shows the XPOA (and associated XPOA.U and XPOA.W) was repriced and the market respected sending the SPAC from the $10s to the $7s This is a SPAC to watch since D-Wave Systems is a large company located in Greater Vancouver, Canada. It was a Canadian technology company and will become one of the few (or only?) pure play US company in the Quantum Computing space. There is a customary US publication ban until proper regulatory approval is received. The "may not be distributed in the United States" allows the company to get past stockholders to understand the restructuring. Track the official Public filings available from the SEC in the US. The SEC (Securities and Exchange Commission) being the regular lists any public information as filed by the company at: www.sec.gov The Latest public news is www.sec.gov A Shareholder vote to be voted on TOMORROW August 2nd 2022 Price action shows it has very good changes of being approved especially given the Provincial/State Canadian BC Court Approval last week which was public with restrictions on the company relating to publication in the US prior to Shareholder approval. Interesting times... DISCLOSURE & Liability Waiver: The above could be all wrong. FACT CHECK everything anonymous posts! BR is part of a group of Researchers of the Markets and regulatory protocols. SPACs are truly "special" (read up at SEC.GOV) and not for the novice investors. These "high growth speculative plays" need to be viewed with either deep fundamental analysis. HTA (Hybrid Technical Analysts) using certain "conditions" to determine when to jump on and off. Volume and changes in volume is one of the key indicators and mapping these to Regulatory Disclosures is interesting. For "XPOA SPAC to QBTS IPO", since this is the Study at this point given the Events, we expect Bullish volume to possibly resume here with a massive short squeeze as the dark uncertainties get cleared up tomorrow DPCM Capital/D-Wave Systems Special Shareholder Vote August 2nd 2022. Only shareholders as of June 2022 get to participate and vote at the Shareholder Meeting. Contact the company or Regulators for more information or post as a Comment if you know something public that isn't widely known. Just think I'm just an "Elf on summer break", I have no freaking idea where that Rudolf is! That "red nose" is a concern for some but it's NOT because the poor is a drunk. That's vicious rumours by bad actors! He was just born that way! Seriously, this is just an early "heads up" from "Up North", friendly neighbours. Hey! Peace on Earth and at Home.
X
by UnknownUnicorn2413721
DUOL Overview and Prediction In the most recent two-quarters, DUOL has sold off ahead of earnings and then rebounded sharply after reporting earnings beats. Coming into this quarter price action is reversed. DUOL has experienced a strong rally from a quarter ago, clocking in over a 50% gain from the lows of their Q1 2022 earnings in May. This bullish short-term momentum might just be stomped out by this quarter's earnings. The technical picture for DUOL is somewhat poor, especially in recent trading days. The support trend line has held nicely with three consecutive touches and rebounds. However, with a major event coming up (earnings on 8/4), DUOL may slide well below this support trend line and revisit support zones at/around 84.8, 75.4, and 66.55. The recent bull run makes me increasingly confident in this thesis, as earnings would have to be out of this world positive for any substantial upside gain in my opinion. Fundamentally, DUOL appears weak. Simply put, Duolingo is overvalued and generates negative profits. There are way too many macroeconomic/geopolitical issues for tech and growth to perform well (at least for the coming 2-3 years). The idea that DUOL, an IPO with no earnings and expected revenue for this year at 267 mil should be valued anywhere near 4 billion dollars seems a bit foolish. Duolingo's weak technical and fundamental health combined with an unprecedentedly problematic global macro picture prompt me to predict the following: It is a matter of time until this stock falls and eventually forms new lows. It may not be this quarter's earnings that trigger DUOl's stock to move lower, but it will happen eventually... unprofitable growth is the wrong place to be in this environment. As always this is not meant to be trading advice. Good luck!
NASDAQ:DUOLShort
by Gooby_Trades
Stocks To Watch This WeekThere are no certainties in the stock market. These names have shown good relative strength and accumulation volume . This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 28 total stocks on this list with 0 short squeeze candidates . Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:QQQLong
by Jtacher51
2
Sono Motors (SEV)This is a chart of the solar EV company Sono Motors (SEV). The company is headquartered in Germany and went IPO on the Nasdaq in 2021. This stock is presenting a decent risk-to-reward setup because it has been finding support within important Fibonacci convergence zones (yellow area). I created this Fibonacci convergence zone by using trend-based Fibonacci retracement combined with a long-term Fibonacci drawn from the stock's highest ever price down to a price of zero. Any bottoms that form in or near this Fibonacci convergence level will likely be extremely significant. Aside from a Fibonacci analysis, a double bottom recently formed on the daily chart. Of further note, IPO stocks have been showing signs of beginning to outperform the broader market. While the broader market was making lower lows in June, many IPO stocks, such as SEV, have been making higher lows. Oscillators on the longer-term charts validate this trend by showing signs of beginning to oscillate back to the upside. This is a long-term bullish signal for IPO stocks. Here's a great post by @TradeStation for a more in-depth analysis of the recent IPO outperformance:
SLong
by SpyMasterTrades
$DUOL Double BottomRecent IPO $DUOL is presenting to us a classic double bottom pattern. Within the last couple of weeks, there has been strong volume around the support areas. The second bottom also undercuts the first bottom, which is a positive sign as well, as we want to see that shakeout occur. Another thing is that earnings, subscriptions, and bookings are also showing signs of strong growth. Now as for the downside, the company is still not profitable and is operating under a net loss. There is also an overhead supply from the Post-IPO volatile price action. I would be looking to progressively scale in once it starts increasing in volume as it tries to break past the middle-high of the "W" pattern, around $106.
NASDAQ:DUOL
by shawn_ang99
The Coca-Cola Company bearish scenario:The technical figure Triangle can be found in the US company The Coca-Cola Company (KO) at daily chart. The Coca-Cola Company is an American multinational beverage corporation, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The Triangle has broken through the support line on 15/06/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 22 days towards 57.18 USD. Your stop loss order according to experts should be placed at 65.09 USD if you decide to enter this position. Coca-Cola Co said on Tuesday it had delayed the plans of an estimated $3 billion initial public offering (IPO) of its African bottling unit to 2023 due to turbulence in the market. The flotation of the division, Coca-Cola Beverages Africa (CCBA), would be the biggest on the Johannesburg Stock Exchange since at least 2016 and a major boost for the flagging index. Earlier in May, Reuters reported citing three sources that the IPO of the business would be delayed due to market turmoil, stemming from Moscow's invasion of Ukraine. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:KOShort
by legacyFXofficial
Technical Analysis for Risk AnalysisTechnical Analysis should be used for Risk Analysis, not just for deciding if and when to buy whatever it is you want to trade, whether it's stocks, crypto, forex, indexes, ETFs, REITs, mutual funds, etc. When you know the technical patterns that point to higher risk, aka sellers gaining traction, you can get out of long positions before the retail crowd and its small fund managers react late to earnings reports. It is NEVER the largest institutions, who we call the Dark Pools, who are selling on earnings announcements. It is ALWAYS the less informed who buy or sell on big news days. This is what we at TechniTrader call "Relational Technical Analysis"--the application of what we know about the market participant groups to discern who is doing what in the technical patterns of a chart. For example: UPST was a struggling IPO anyway. The typical IPO top and drop occurred in October-November. 99% of new IPOs do this. Learn to sell at the peak of a speculative new IPO. That means you must learn what speculation looks like in the charts and how to recognize the top developing so you can get out before the drop. But today's lesson is about the specific set of negative technical patterns developing ahead of Upstart's earnings report yesterday after the market close: 1. A trading range was developing lower highs and lower lows. 2. Compression of price at the low end of the range. 3. Declining Accumulation/Distribution over the sideways action of the trading range. These are what we at TechniTrader call the "footprints" of controlled rotation out of the stock ahead of the earnings press release date. Please like and follow if you learned something new. Learn more at my website.
NASDAQ:UPSTEducation
by MarthaStokesCMT-TechniTrader
Coinbase: A year in review on the NasdaqCoinbase (NASDAQ:COIN), the cryptocurrency exchange platform that is facing a class action lawsuit over its alleged listing of unregulated securities, on Wednesday fell 43% from its peak since it went public on the Nasdaq stock exchange nearly a year ago. The stock is down 21% from the reference price of $250 set by the Nasdaq when it debuted in April 2021. The IPO valued Coinbase at $49.8 billion and marked the first major cryptocurrency company to go public on a US stock exchange. However, Coinbase’s stock price has since swung to as low as $160 earlier this month amid the volatile cryptocurrency market, uncertainties over regulations on digital currencies and a massive class action lawsuit over its alleged sale of securities not registered with the US Securities and Exchange Commission. The lawsuit alleges that Coinbase, since October 2019, has been letting customers trade 79 cryptocurrencies without disclosing that they are in fact securities. Coinbase in numbers Coinbase, established in 2012, allows users to trade cryptocurrencies like Bitcoin and Ether in exchange for a transaction fee. Last year, the platform’s monthly transacting users quadrupled from 2020 to 11.4 million. The company raked in $7.36 billion in revenue in 2021, up 545% from $1.14 billion in 2020, while net income soared elevenfold to $3.62 billion from $322 million. Coinbase attributed its strong performance to the booming crypto market. The market capitalization of cryptocurrencies over 2021 surged threefold, closing at $2.3 trillion, but down from a peak of $3.1 trillion in November 2021. Bitcoin’s market cap by 2021-end hit almost $1.3 trillion. Tied to Bitcoin price As a cryptocurrency exchange, Coinbase’s stock performance is tied to the price of Bitcoin and other major digital currencies, which means that if crypto markets collapse, it would likely hammer Coinbase’s stock price. Both Coinbase and Bitcoin reached their peaks in November 2021. Bitcoin traded near $70,000 at the time but has since fallen to around $45,000 in recent months as traditional investors appear to shun digital assets. Regulatory woes Although Coinbase as a listed exchange platform is regulated by US laws, cryptocurrencies still have a long way to go in terms of regulations. In the US, the Biden administration recently issued an executive order directing the government to come up with a plan to regulate cryptos, but in Europe, the market is headed for tighter regulations as lawmakers are set to introduce new laws to curb suspicious transactions, among other reasons. In a blog post on Monday, Coinbase’s Chief Legal Officer Paul Grewal said that if adopted, the EU’s planned crypto laws would "stifle innovation”. The new Coinbase marketplace Despite the crypto downturn this year and potentially tighter regulations, Coinbase remains bullish on digital assets, hinting at plans to launch its new marketplace for NFT or non-fungible tokens “soon”. Coinbase NFT will allow users to buy, sell and check out NFTs through a peer-to-peer marketplace. “What we liked right now and we’re observing the market is that NFT volume and price appear less correlated with other crypto assets,” Coinbase CFO Alesia Haas told analysts during the company's earnings call last month. The company’s NFT plans could usher in a new revenue stream for Coinbase amid the volatility in cryptocurrencies. Needham equity research analyst John Todaro expects Coinbase’s NFT ambitions would add an additional $1.26 billion in revenue for the company.
NASDAQ:COIN
by BlackBull_Markets
1
How long will it take Rivian to get back to its IPO price?Rivian Automotive (NASDAQ: RIVN), the budding electric vehicle maker, initially bank-rolled by the likes of Ford (NYSE: F) and Amazon (NASDAQ: AMZN), is currently trading 80% lower than its peak since listing on the Nasdaq stock exchange. Bear in mind that Rivian was listed on the Nasdaq in November 2021, when you had to be very unlucky not to make money in the stock market, especially as a company working in the electric vehicle domain. In a sign of the jubilant (and bygone?) era, within days of listing, investor exuberance had pushed RIVN up by 115%, to US $170 per share. RIVN’s market electricity has fizzled in the following five months and could do with a recharge. The Rivian stock price is currently trading very close to an all-time low, at US $37.00, 80% lower than its all-time high. In contrast, Tesla (NASDAQ: TSLA), a company which Rivian investors hope can be emulated, is trading 25% lower than its all-time high (US $1,200 vs US $900), which it reached in November 2021 (roughly the same time Rivian reached its all-time high). RIV only just begun As illustrated by its latest earnings call, Rivian has a momentous scope for growth. In its Full Year 2021 earnings call, which was released on March 10, 2022, Rivian reported its first bout of revenue, a tiny US $55 million against a cost of revenue of US $520 million and other operating expenses (mainly R&D and administration) of US $3.7 billion. Consequently, Rivian reported a total net loss (inclusive of all costs) of US $4.7 billion for the full year. The massive discrepancy between the company’s revenue and costs is a natural part of its growing pains. The automobile industry’s huge barrier to entry means that Rivian expects to be making a net loss for some time. However, it does expect to be profit-neutral by the end of the next financial year, and this might be what is more important for investors following the company. No fast-charging solution Rivian is still valued at over US $30 billion and far from a bust. However, it will perhaps take years for the company to charge its stock price back up to its IPO price of US $78.00. Even in the age of outsized valuations for EV companies and some residual investor exuberance in the market, investor confidence is butting up against obstacles such as the infamous chip-shortage affecting numerous car companies and tightening monetary policy from the US Federal Reserve. To hasten the process and to overcome some of these obstacles on its way back to its IPO price, Rivian may have make better use of its US $18 billion cash reserve and carve out more than its planned 10% takeover of the EV market by 2030. As it stands, Rivian’s total theoretical capacity at its two factories (600K) could garner 10% of the 2021 electric vehicle market. However, By 2030, electric vehicles sales are predicted to account for 1-in-2 vehicles sold, from a current 1-in-10. To account for 10% of all EVs sold in 2030, Rivian will have to boost production capacity to approximately 3 million vehicles per year. For interest, Rivian generated its 2021 revenue of US $55 million on delivery of 2500 electric vehicles. The company’s guidance for 2022 expects to deliver 25K vehicles, which is a huge increase on its current production numbers, but fantastically far from the number of pre-orders on its books (83K) and unimaginably far from its 10% goal of 3 million.
NASDAQ:RIVN
by BlackBull_Markets
4