Share Picks 2021 - Thread banned users post #1

cronos wrote: »

PSTH is moving big time.

EDIT: Droping back a little. Wonder if some of the profits are been moved over from CCIV. I'm keeping both.

It's done that a few days in the past few weeks, jumps 10-15% in the last half hour of the day, gets us excited, then no news.

I'll have CNBC on in the bacground tomorrow just in case anyway

cc87 wrote: »

Not knowledgeable on the ins and outs of the merger process but they just did a second filing with the SEC yesterday.

https://fintel.io/doc/sec-longevity-acquisition-corp-prer14a-2021-january-28-18655-453

3rd SEC filing of LOAC/DDDD merger today.

Usually means vote in the next week or two

Shedite27 wrote: »

No idea why anyone invests in China. Far too many stories like this

Too big a market to ignore completely. I'm comfortable enough with the major well known companies like Alibaba and Nio but would definitely DD the companies harder there and only buy on discount something like Alibaba for example.

Timmaay wrote: »

Ah now, the closest thing to this in my view is Nikola. Yep China had more than its fair share of dud companies, but plenty of very good Chinese companies like NIO, jd.com, NET, BIDU. Like everything do your DD, and if you had any sort of common sense you would of being doing nothing more than short term swingtrading the hype of EHang.

I'm just not sure how you get enough DD to avoid things like this and Luckin Coffee. Have a look at The China Hustle, that was 10/15 years ago, these fictional companies listing is still happening somehow. There's far too much secrecy in that country to put my mind at ease.

And yes, there's plenty of great Chinese companies, it's just unfortunate for them that there's always this cloud hanging over them

Shedite27 wrote: »

This morning:
ARB +15%
KR1 +12%

Crypto is the new Gold Rush

Very much feels like it, I just need to time an exit but with BTC still maintaining its growth, it seems a little early.

ADZAM wrote: »

RTP now trading @ $14, RTP rumored to be merging with Hippo.com a trendy insurance company using AI technology. Not a cash burning obscure EV or a battery prototype with a business plan (DAMMIT ), it's a solid growing company disrupting an archaic industry so may not be euphoric gains (unless it does a Lemonade on it) but will still be a winner. Also see RTPZ, the same teams second SPAC, also available on degiro, no rumored targets yet, currently trading at $12.49, will pop once rumors start swirling.

I was wrong on RTP, the latest rumour is that they are targeting a flying taxi EV company called Joby aviation. It's a high risk/high reward area as it's potentially disruptive but they are still waiting on FAA clearance. ARK invest bought shares of ACIC SPAC last night who have confirmed their target is Archer who are the closest competitor of Joby, and Archer shares jumped 20%. I imagine once RTP confirm Joby as the target, Ark invest will then invest which normally gives a 10-20% pop by itself.

I'm not sure how the hippo.com rumour surfaced and then died, maybe that will merge with the second Spac RTPZ.

Either way, the RTP / RTPZ team are all star and I am a happy (excited) shareholder!

ADZAM wrote: »

I was wrong on RTP, the latest rumour is that they are targeting a flying taxi EV company called Joby aviation. It's a high risk/high reward area as it's potentially disruptive but they are still waiting on FAA clearance. ARK invest bought shares of ACIC SPAC last night who have confirmed their target is Archer who are the closest competitor of Joby, and Archer shares jumped 20%. I imagine once RTP confirm Joby as the target, Ark invest will then invest which normally gives a 10-20% pop by itself.

I'm not sure how the hippo.com rumour surfaced and then died, maybe that will merge with the second Spac RTPZ.

Either way, the RTP / RTPZ team are all star and I am a happy (excited) shareholder!

Which one are you in RTP or RTPZ?

circadian wrote: »

Flying EV Taxis? What's the timeframe for returns and actual proof of working concept?

We've only just begun moving towards EV/Hybrid on normal cars and a long way off before that tech matures. I can't even imagine the energy requirements for a flying EV never mind the technological advancements.


EDIT: Just found their page, large drone like vehicles. A good idea but I really do wonder about the viability in terms of battery requirements, how many journeys, flight restrictions etc.

It's definitely high risk. But if it gets cracked the Joby team sounds like they will be one of the big ones in the space.

Tempted to average up on it. I haven't gone into RTPZ yet, hoping it drops a little as I think it popped up on the RTP news alone. But if RTPZ gets Hippo I'd be happy to invest in that also at the right price.

Hi all, can some of the wiser heads on here explain why BATS dropped near 5% this morning? Earnings beat expectations, Dividend increase announced, but 5% down.
Is this just the market being its norm right now or am I missing bad news somewhere?

jams100 wrote: »

High Risk, well that's an understatement. The likes of these companies are unlikely to ever see a cent, if someone was to do this it would be the likes of apple/google who have 200 billion sitting in their bank accounts.
This literally seems like pie, I mean, taxi in the sky stuff

Edit: Given the current environment, it'll probably go up, but long term I can't see them ever actually getting a paying customer into one of these as they won't get that far...it would be pretty cool if they did though!

30 years ago you'd if you were told we'd all have these portable devices in our pockets which we basically ran our lives off you'd have laughed.

The likes of Joby and Archer have decent backers in Toyota, Uber & United Airlines. Interestingly ARK Investments just bought over a million shares in Archer.

Ebang International holdings looks like a buy