Moved some profits from my Penny trades to PSTH and CCIV last week. Hoping some deals come through soon and they take off
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Originally posted by hooligan View PostMoved some profits from my Penny trades to PSTH and CCIV last week. Hoping some deals come through soon and they take off
No market tank yet...SPY puts didn't do to well today. If markets rally after Biden is uneventfully sworn in they'll be really down.
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I’m in on CCIV, but bought in higher than I wanted.
Originally posted by RiverRat1 View PostLet things stay silent a couple of days so CCIV can come down some.
No market tank yet...SPY puts didn't do to well today. If markets rally after Biden is uneventfully sworn in they'll be really down.
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My unprofessional take on SPAC plays.
Buy a lot of good quality ones long before they're in talks to merge. The closer to $10 the less the risk. They should all eventually merge and pop to $12-20. I'd sell on the rumor if it breaks over $14 or on the DA news spike.
Ones I'm in and waiting on. No agreements and not in talks with anyone yet. The ones trading between $11-13 are run by high profile like GSAH (Goldman Sacks) so they most likely won't come down as the future deal "should" be good.
APSG
AACQ
AVAN
CCX
CRHC
FUSE
GOAC
GSAH
HIGA
MAAC
SPNV
XPOA
Plays I'm holing with rumors and/or already in talks for agreement.
ZNTE - Just ran today. Rumors in talks with Joy Aero
BTAQ
NPA - Flying cars or something stupid
ACEV - Semiconductors
I'd like to be in CCIV but it ran up without me. This is why I try to get in early and wait.
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I’m wondering if domestic producers are actually the best way to ride higher oil prices, given the likely regulatory hurdles they’ll face in the future. Not sure if higher prices translates into higher earnings, unless there’s a ton of production capped and waiting to come on board. Getting crushed today, but at least precious metals are holding steady.
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I’m currently just running market index funds. Very few managed funds ever beat them on the long term, and the fees are basically nothing.
As young as I am, I am not very risk averse. I have lots of years to ride the rise after whatever dips may be coming. We will slowly be transitioning towards lower risk investments as we get closer to retirement age.
As soon as we are able to make investments above and beyond our 401k limits, we will be looking towards rental properties to try and retire before 401K withdrawal age limit.
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Don’t forget IRA accounts and covert to Roth.
We also invert in index funds and take fliers on stocks here and there. But, that is gambling and understand that all can be lost.
Originally posted by IkemanTX View PostI’m currently just running market index funds. Very few managed funds ever beat them on the long term, and the fees are basically nothing.
As young as I am, I am not very risk averse. I have lots of years to ride the rise after whatever dips may be coming. We will slowly be transitioning towards lower risk investments as we get closer to retirement age.
As soon as we are able to make investments above and beyond our 401k limits, we will be looking towards rental properties to try and retire before 401K withdrawal age limit.
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Originally posted by bbqfan5909 View PostDon’t forget IRA accounts and covert to Roth.
We also invert in index funds and take fliers on stocks here and there. But, that is gambling and understand that all can be lost.
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Originally posted by RiverRat1 View PostSPCE - This should rocket up to 100 over the next couple years (pun intended). That's my price target but keep in mind I'm a trader and always lose when going long.
Short term I think AVGR at 50 cents should pop close to 80 cents. And SXTC at 47 cents looks good to 60 cents.
But these markets are so unpredictable. Could tank at any time. Or more bankrupt stocks could go up 500% LOL
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