Side Hustle
#671
Gets Weekends Off
Joined APC: Apr 2018
Posts: 3,191
#672
Gets Weekends Off
Joined APC: Jun 2015
Posts: 1,642
Intresting 20 min read about crypto currencies if anyone does that...I'm interested in ur take. Seems well researched
https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3
https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3
#673
Gets Weekends Off
Joined APC: Apr 2018
Posts: 3,191
one reply big risk on SPACs is if you buy warrants that have been stripped prior to bringing the SPAC to market. If the SPAC cant bring a company to market...the money is returned to investors. If you bought the warrants ( usually a 5 year option to buy the stock at around 11.5) and the spac doesn't debut...u lose it all
Additionally on the warrants(more leverage,less money) there is usually a call provision. If the dpac comes to market and trades above 18 for 20 out of 30 days(nominally) the can be called.
I have 5 spacs that I gambled on 5 days ago...cumulative they are up 20%...risky ...yes..
rewarding...possibly
DYODD
#674
Buyer beware to those on the ARKK train to the "Moon". Personally I would take some(probably most) gains here and diversify into more reasonably valued assets like Emerging Markets.
*Not Investment Advice DYODD
Cathie Wood Has Wall Street’s Hottest Hand. Maybe Too Hot. https://www.wsj.com/articles/cathie-...ot-11612544044
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*Not Investment Advice DYODD
Cathie Wood Has Wall Street’s Hottest Hand. Maybe Too Hot. https://www.wsj.com/articles/cathie-...ot-11612544044
Sent from my SM-N986U using Tapatalk
#675
Buyer beware to those on the ARKK train to the "Moon". Personally I would take some(probably most) gains here and diversify into more reasonably valued assets like Emerging Markets.
*Not Investment Advice DYODD
Cathie Wood Has Wall Street’s Hottest Hand. Maybe Too Hot. https://www.wsj.com/articles/cathie-...ot-11612544044
Sent from my SM-N986U using Tapatalk
*Not Investment Advice DYODD
Cathie Wood Has Wall Street’s Hottest Hand. Maybe Too Hot. https://www.wsj.com/articles/cathie-...ot-11612544044
Sent from my SM-N986U using Tapatalk
#677
MLG Capital
Curious if anyone here knows anything about MLG Capital? They’ve got a new offering going (Fund V) and are looking for investors. I heard about them from a couple of money websites I follow, Passive Inc MD and Physician on Fire Yeah, we all know about doctors and flying but there are some good doc blogs about money 😁 Here is PIMD on MLG Capital Fund III offering, Part 1 and Part 2 Here’s PoF also investing in MLG. Curious if anyone here has experience or thoughts on whether or not this looks like a good opportunity.
Last edited by Razor; 02-21-2021 at 03:05 PM.
#679
I know SPACs have been all the rave in this thread but just a fair warning on the dangers of speculative investing. I believe WKHS was talked about openly on here and I think one poster even said they toured the factory. Turns out they didn't get the USPS contract and the stock was taken to the woodshed.
Looks like a permanent loss of capital for investors and even deeper wound if leverage was used. Be careful out there folks. Stocks rapidly rising without fundamentals to justify the rise will eventually meet gravity, and the fall will be even swifter than the climb!
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Looks like a permanent loss of capital for investors and even deeper wound if leverage was used. Be careful out there folks. Stocks rapidly rising without fundamentals to justify the rise will eventually meet gravity, and the fall will be even swifter than the climb!
Sent from my SM-N986U using Tapatalk
#680
Gets Weekends Off
Joined APC: Nov 2011
Posts: 4,504
I know SPACs have been all the rave in this thread but just a fair warning on the dangers of speculative investing. I believe WKHS was talked about openly on here and I think one poster even said they toured the factory. Turns out they didn't get the USPS contract and the stock was taken to the woodshed.
Looks like a permanent loss of capital for investors and even deeper wound if leverage was used. Be careful out there folks. Stocks rapidly rising without fundamentals to justify the rise will eventually meet gravity, and the fall will be even swifter than the climb!
Sent from my SM-N986U using Tapatalk
Looks like a permanent loss of capital for investors and even deeper wound if leverage was used. Be careful out there folks. Stocks rapidly rising without fundamentals to justify the rise will eventually meet gravity, and the fall will be even swifter than the climb!
Sent from my SM-N986U using Tapatalk
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