Summary SunCar has built an innovative cloud service and mobile app that digitalize the automotive aftermarket and eInsurance sectors in China. SunCar’s cloud platform is critical to China’s EV manufacturers as it delivers leading technology, a user-friendly mobile App, and China-wide scope. In FY 2023 SunCar registered almost 30% overall revenue growth and 80%...
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...
This chart shows clearly the ipo bubble we have seen. However if this drops more i would enter a position by selling puts. I expect the trend channel to stay intact
Gores Guggenheim, Inc. intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or similar business combination. The company was founded in 2020 and is based in Boulder, Colorado.
$CFVI as expected, Rumble and Trump’s social media venture $DWAC have been in talks about a potential business partnership... 1.6 Million active users in Q3 2020 to 36 Million active users in Q3 2020 2150% increase in one year!!! This is not a $12 SPAC, also the deal is worth 15% of Rumble, that’s high for a SPAC deal...
Trump’s Tech SPAC Could Make Him Billions With Meme-Stock Frenzy On Wednesday, Digital World Acquisition announced a deal to merge with Trump Media & Technology Group. The combined company intends to launch a new social network to compete with the likes of Facebook and Twitter. "I created Truth Social and TMTG to stand up to the tyranny of Big Tech," Trump said...
Helbiz Inc. provides micro-mobility services. The company offers a fleet of vehicles, including e-scooters, e-bicycles, and e-mopeds all on one convenient platform in 35 cities worldwide. It utilizes a customized, proprietary fleet management platform, artificial intelligence, and environmental mapping to optimize operations and business sustainability. The...
D8 Holdings Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Central, Hong Kong.
Today Matterport previously GHVI changed its ticker to MTTR and had a decent open with about 1.5 million volume up until it was debuted on CNBC by the anchor Josh Brown. Then we saw a huge pump up from that area and about 3-4 million volume traded after he said he wants to buy after earnings happen. He is bullish on Matterport but also wanted to wait for earnings...
i remember playing this one before it merged with bfly, sold when the euphoria was at its peak (lol). like all the other spacs, it got albsolutely decimated. i won't get into the reasoning behind why this happened; instead i'll just give you this setup. wave 3 target = $24
QuantumScape Corporation, a development stage company, engages in the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.
Contextual immersion trading strategy idea. Northern Star Acquisition Corp. is gonna merge with Bark Box and become $BARK today. I saw a huge momentum on Friday. The demand for shares of the company looks higher than the supply. This and other conditions can cause a rise in the share price in the next days. So I opened a long position from $11.17; stop-loss —...
woof. good luck to longs. support pounded over multiple weeks finally gives way on a short report. dropped into the volume void. no business done there so an auction to $20 seems likely. virtually all post deal SPACs with no revenue are reverting to $10 area so $20 may be a gift.
CLOV short term classic bearish divergence on the 4H.... market is shit for small caps and spac's rn... where will this lead us past support?
lets go watch em pump it watch em sell it off at earnings
LETS GO MAKE SPACS GREAT AGAIN WATCH EM PUMP IT NOW AND WE SELL IT AT EARNINGS
LETS GO MAKE SPACS GREAT AGAIN WATCH EM PUMP IT NOW AND WE SELL IT AT EARNINGS