SBE - Will it break the Elliot channel?After having a steady month of waves, SBE came to the point where it will either break the channel or continue with it.
Merger
Q1 merger playHyping on twitter:
Traders Citing Monday Filing Mentioning Proposed Merger of Co With StemoniX
Q1 merger play 6.5m float.
Three different 13G's filed in the last few days two 10% and one 5%
www.marketscreener.com
$MEGH Potential For Massive Gains With Upcoming Custodianship$MEGH Has been getting steadily accumulated ahead of the upcoming Custodianship by Small Cap Compliance LLC's Rhonda Keaveney: www.smallcapcompliance.com
The shell is perfect in every way boasting a massively impressive small S/S: 50 Mil A/S 49 Mil O/S 25,800,000 of which is restricted and a 17 Mil or less Float.
The stock has been moving upwards the last few days and is in breakout mode on the charts. I anticipate a move to around .25-.30 the day of the Custodianship announcement and a slow move to over a $1 in the weeks after. The small S/S is perfect for a major move and presents immense trading opportunities. All IMO.
PT: $1+
$SMEV Synergy Plans on Working with Company Management PT .25$SMEV Synergy dropped the news the other day that they would be discussing options as far as working with Synergy management to bring a company in or a acquisition following the COO's decision that he would like to keep the shell. This news brings the best of both worlds as the COO was pivotal in the development of the company's Spa Capsules a few years ago which were successful.
Ben of Synergy owns 24,000,000 shares of the Company's common stock and the COO Allen owns Preferred shares so it would benefit them both if they worked together to get the company streamlined and back up and running with a new R/M'ed company that Synergy probably already has lined up for the shell.
I see this as a win win although many saw it as possible "Bad news" and sold the last couple days the stock has regained traction and the selling has all but finished with the stock moving green several times today.
Personal PT of .25 is still on track IMO.
$SMEV Clears Key Resistance Level Ahead of Custodianship PT .25$SMEV Has been steadily making higher highs and higher lows as it gears towards the closing of the Synergy custodianship in the first week of February.
The stock broke the key resistance level of .0040 and has been churning out the high .0040s almost breaking .0050 3 times now. I suspect once the .0050 is churned out it will begin skipping .0010s as it moves higher and the float thins out and becomes locked up.
Right now whoever is buying 1 mil blocks is on a mission to lock up the float ahead of the custodianship and I have a theory they suspect big plans are in the works.
This is one of my long term plays for 2021 PT .25
Atlantic Power Agrees to be Acquired by I Squared CapitalAtlantic Power Agrees to be Acquired by I Squared Capital
Common shareholders to receive US$3.03 per share in cash, representing a 48% premium to the 30-day volume weighted average price per common share on the NYSE
- Convertible debentures to be converted to common shares, including a make whole premium; following conversion, debenture holders will receive US$3.03 per share in cash
- Preferred shareholders and medium term noteholders to receive cash representing meaningful premiums to recent trading prices.
The total enterprise value of the deal is approximately US$961 million (based on current foreign exchange rates) and the transaction was unanimously approved by Atlantic Power's board of directors.
Atlantic Power's 6.00% Series E Convertible Unsecured Subordinated Debentures due January 31, 2025 will be converted into common shares of Atlantic Power immediately prior to the closing of the transaction based on the conversion ratio in effect at such time (including the "make whole premium shares" issuable under the terms of the trust indenture for the convertible debentures following a cash change of control).
Holders of the convertible debentures will receive US$3.03 per common share held following the conversion of the convertible debentures, plus accrued and unpaid interest on the convertible debentures up to, but excluding, the closing date of the transaction.
finance.yahoo.com
CIIC - Watching for Breakout to New HighsCIIC - Watching for Breakout to New Highs
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ENTRY = 27-30
1st Target = 618fib @ 32
2nd Target = 786fib @ 34
HODL Target = 40+
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
CCIV Stock to Watch!CCIV is the stock to watch! Merger with Lucid Motors which is a luxury electric car maker. Potential for a greater upside long-term even after a large gain in price.
This is a high-risk play which in turn gives a high reward. Make your moves accordingly and wait for confirmation to enter! Much more room for upside!
CCIV IN TALKS WITH LUCID MOTORS!!CCIV has already had one potential merger fall through so I urge caution on this, but the upside could be enormous merger with a EV maker especially one that has a former Tesla Exec. could generate a lot of hype around this SPAC. I went in with some shares in a simulated account and I will be waiting for More confirmation of a merger and a dip to enter. Let me know what you think.
LCA SPAC merger playOODA Process
Observe
+ Market is bullish after a few days of pull back.
+ Stimulus talk back on the table with EOY deadline
+ SPAC has been hot
+ SPACs pulled back in recent days
+ Online gambling is going to grow and there are a few big players around it: $DKNG $PENN $GAN, etc.
- some doubts about the merger not happening
- Founder has other capital risks in restaurants that are under COVID pressure
Orient
Short term Bullish
Decide
add shares as close to $20 or lower.
Hold through merger vote.
if gains > 100%, Sell 50% of shares then let it run "on the house"
if gains < 100% by EOY, sell 25% and sell the rest at first sight of weakness in this name or the market pull back.
Act
Setting limit buys for tomorrow
GIK - Big potential reward with very little downside - EV SPACElectric Vehicle SPAC which is nosediving after failing to break the resistance.
Two important support levels are marked off here. I would buy at both levels to be honest with you.
Any SPAC near or at $10 is a great low-risk investment and this one has the EV narrative, combined with a Definitive Agreement in the wings.
I will do a little more research but based on the chart I would be looking to scale in, and buy the blood. Expect this to do well once the merger is on the books.
*BULLISH* 7x share price by THIS time next year!*full disclosure* I have a 10,000 CHF long position in REED
Reed's Ginger might be a small-cap, but it's the market leader in ginger-based brews. When dealing with an illiquid stock at a historically low levels, technical chart breakouts typically do not provide enough volume to catch the opportunity. That is why we have classified REED as a "buy-to-forget" stock.
Aside from analyzing the accounts, the most important question an investor must ask when buying shares of a company is, "what's the end game here?". In the case for REED, the end game is to get bought out by a larger company such as PepsiCo or Coca Cola, and management is perfectly suited for the job.
Effective on March 1st, 2020, Norman E. Snyder will succeed John Bello as CEO. Mr Snyder has a long, successful history of improving and eventually selling drink companies. He sold SoBe to PepsiCo for $370 million and Rheingold Brewing to Drinks America.
An accountant by trade, Snyder has recently implored a fund raise to cover some of the costs. With ample capital and a high quality product, alongside a CEO who's historic objective is to sell out, we see the share price reaching historical highs and beyond.
Who doesn't like a Moscow Mule! Thank you for reading and considering my analysis.
Yours Sincerely,
Turner Capital Management
INAQ - Pennant forming?Interested in this SPAC and see a lot of potential for it in the coming weeks and months. This is the Metromile SPAC.
Looks like a rather rough bullish pennant forming. Happy for this to have some time to breathe.
The merger is set for Q1 2021.
Nuvve To Become Publicly Listed Company Nov. 12, 2020: Green energy technology company Nuvve Corporation, the global leader in vehicle-to-grid (V2G) technology, and Newborn Acquisition Corp. a publicly traded special purpose acquisition company with approximately $57.5 million of cash in trust, announced the signing of a definitive merger agreement to take Nuvve public.
The companies today also announced the signing of definitive purchase agreements with institutional investors for the investment of approximately $18 million in the combined company through a PIPE and bridge financing. Upon closing of the business combination, the combined company will be named Nuvve Holding Corp. and is expected to remain listed on Nasdaq under the ticker symbol "NVVE". (prnewswire.com)
NBAC has a Market Capitalization of only 89.222M
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Bullish on SAIIU and SAQNCurrently, I am seriously considering an entry in SAIIU. Given recent predictions I have had with blank checks and/or acquisitions, I am actually confident with this one. I think CuriousityStream is an interesting startup, and the second tech company will also be quite interesting. Subscription and software as a service space is in high demand right now. Looking at Jonathan Huberman, I like some of the stuff he works with. That being said, invest at your own risk and do your own due diligence. Everything I say is on an opinion based basis.
$10 Entry for FIIIU: Forum Merger's Third MergerRight now for FIIIU, I think as a $10 entry for a blank check merger, this may be a good one. Overall, I'm bullish on the entry price and think once more details are built on the speculation, this can garnish higher support levels and momentum. That being said, please proceed with caution and do your own due diligence. Everything I say is on an opinion based basis. Invest at your own risk.
LVGO , another chart save before its bought out LVGO being bought out by TDOC
both these companies are internet medical companies
Teladoc is the clear leader globally in telehealth, and Livongo is the leader in what it calls Applied Health Signals,
supported by AI and ML (artificial intelligence and machine learning).
the 2 of these companies have different clients and processes
but the merger of these could be a very big thing !
in either case - here is the chart showing its big move up
$NKLA Doubling Price TONIGHT? | Bullish BreakoutNikola and VectoIQ Acquisition Corp. Announce Closing of Business Combination
Speculation on NKLA NASDAQ:NKLA doubling overnight if all goes well with this conference.
Here's Why:
- The combined company's shares to continue to be listed on Nasdaq under new ticker symbol "NKLA"
THIS IS HUGE!
- Nikola raises more than $700 million through the business combination and PIPE, which includes Fidelity Management & Research Company, ValueAct Spring Fund and P. Schoenfeld Asset Management LP
- Raised capital expected to accelerate Nikola's production of battery-electric (BEV) and hydrogen fuel-cell electric vehicles (FCEV)
- Nikola's pre-orders represent more than $10 billion in potential revenue
- Nikola's hydrogen network anticipated to cover North America; set to become the largest hydrogen network in the world
- Nikola adds Stephen Girsky, current CEO of VectoIQ and former Vice Chairman of General Motors Corporation, to its Board of Directors
Do not trade this, I am long on NKLA
DotcomJack
QLGN - RTTR Merger - Soon to Bounce +30-85% Once it DoesAll,
I think we are coming to a double bottom soon. The weekly on QLGN it's obvious there was a massive double top + merger made it sail down. The Question here is where does it end? It is essentially down over 45%. It is going to hit that trend line coming down and most likely fail if you want to swing that. Overall it will recover just a matter of how long.
** DISCLAIMER: If one of there pipeline news comes out thats positive this went down so fast that it will skyrocket on news. So pay attention**
Levels I would look at at buy ins
Possible bounce now.
$5.80
$5.30
Alerts at buy in levels
ALSO alerts above current level like 5-10% starting now. that way you get alerted if it does start to take off. Remeber to use volume and make sure it's actually breaking out or has news. Not just some pump on a lower timeframe. Wait for a daily candle.
QLGN - RTTR Merger - Soon to Bounce
SNDL MERGER - This stock was $2 before the crash..... wait to buy in and volume kicks in. Don't pre market.. It will retest lower first to confirm support!
