Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .

Thrill3Seeker

Rising Star
BGOL Investor
That changed quick. PSTV is looking good now. It's holding support in the mid 3's and should keep good momentum going into the opening bell.
 

Coldchi

Rising Star
BGOL Investor
yeah man....$JFIN actin a fool right now.
wish i woulda saw that shit during pre-market. i woulda have went in on that.
 

Thrill3Seeker

Rising Star
BGOL Investor
Is this good or bad?

R/S is bad initially. It's a 1 to 3 reverse split. So if you had 3000 shares, you'll now have 1000 shares. It reduces the market cap, so normally it drives the price higher.

Normally I look for a bounce play on an announcement like that. Especially if it happens in pre market. It dropped to 1.51. It's been back as high as 1.94. That's a nice 30% gain in under an hour.
 

Madrox

Vaya Con Dio
BGOL Investor
R/S is bad initially. It's a 1 to 3 reverse split. So if you had 3000 shares, you'll now have 1000 shares. It reduces the market cap, so normally it drives the price higher.

Normally I look for a bounce play on an announcement like that. Especially if it happens in pre market. It dropped to 1.51. It's been back as high as 1.94. That's a nice 30% gain in under an hour.

Thanks. I've seen this happen a few times but haven't had the patience or foresight to take advantage. Everytime this happens eTrade charges me some funky ass reorganization fee too.

Last time I saw this was with ACB. It RS and went all the way down to under $5 I believe then recovered to like $15..
 

xfactor

Rising Star
BGOL Investor
R/S is bad initially. It's a 1 to 3 reverse split. So if you had 3000 shares, you'll now have 1000 shares. It reduces the market cap, so normally it drives the price higher.

Normally I look for a bounce play on an announcement like that. Especially if it happens in pre market. It dropped to 1.51. It's been back as high as 1.94. That's a nice 30% gain in under an hour.
Spot on.

They are good for swinging because of the float lessening.

low float + volume from buying pressure = SHORT SQUEEZE.
 

xfactor

Rising Star
BGOL Investor
All of the reasons and codes regarding a ticker being halted are below.

If a stock is moving up too fast or down too fast, it’s halted for volatility. Usually it’s halted for 5 or 10 minutes.

If a stock is downhalted too many times, trading can be suspended for the day.

I’ll let the other bruhs chime in on this, but I think that uphalts are a “batsignal” for the shorts to swarm.

I like bounce plays off of downhalts, especially if you have the level 2 data and can see the bids being placed prior to the halt being released.

Ya boy came up on HTZ today after their downhalt. Hit a bounce play and pulled down a couple Gs when it went from $5 to $3, and then $3 back to $5.


@d_the_inc this is a great explanation from @Thrill3Seeker but I’ll tell you why stocks get halted on upside volatility in MOST cases:

to protect certain whales from losing BIG. They halt it to allow whales to close their short positions at certain prices. In short, market makers are like this: “Whale, you are caught but we can settle your position in increments to minimize damage and keep you out of margin call because we like your business so we will halt and allow you to close. You will take a haircut but not as much as you could’ve.”

if you need me to go into more detail, I can but this market is designed for retail investors to lose which is why I said we all need to be cognizant of the RULES of the game.
 

darth frosty

Dark Lord of the Sith
BGOL Investor
Just sharing what someone shared



$ hcch stock



https://seekingalpha.com/article/43...Krvuo5xarI4AOVktEvDxZOESOALUVdkS6ryOvakhdYkYM



HL Acquisitions To Combine With Fusion Fuel - The Next Hydrogen Hype In The Making

Jun. 10, 2020 9:19 AM ET

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2 comments



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About: HL Acquisition Corp. (HCCH), HCCHR, HCCHU, HCCHW, Includes: BLDP, NKLA, NLLSF, PCELF, PLUG


Henrik Alex

Momentum, event-driven, short-term horizon, tech

(6,931 followers)​

Summary

Blank check company HL Acquisitions to combine with European development-stage electrolysis company Fusion Fuel.

Transaction details closely resemble the recent Nikola Corporation reverse merger with VectoIQ Acquisition.

Technology claims and business plan appear wildly optimistic but as evidenced by the recent 700% rally in Nikola Corporation's share price, investors couldn't care less these days.

Acquisition still requires shareholder approval and is expected to close in mid- to late Q3.

At an estimated free float of just 6 million shares, HL Acquisitions' common stock would make a formidable target for the momentum crowd.

On Monday, blank check company HL Acquisitions (Nasdaq: HCCHU, HCCH, HCCHR, HCCHW) finally picked an acquisition target after almost two years of unsuccessful search (emphasis added by author):

HL Acquisitions Corp (“HL”), a NASDAQ listed company formed for the purposes of entering into a business combination with a focus on the hydrocarbon logistics industry, announced today that it has executed a definitive agreement for a business combination with Fusion Welcome-Fuel, SA (“Fusion Fuel”), a Portuguese public limited company. Fusion Fuel has developed a proprietary technology and process for producing green hydrogen using concentrated photovoltaics. Following the consummation of the transaction both HL and Fusion Fuel will become wholly owned subsidiaries of a newly formed Irish parent (“New Fusion”). New Fusion will be led by the existing management team of Fusion Fuel, which collectively possesses decades of experience in the clean energy sector.

After the massive hype surrounding zero emission transportation start-up Nikola Corporation (NKLA) which recently went public through a very similar backdoor listing, investors and particularly traders looking for the next hydrogen- and zero emission-related hype, should take a closer look at HL Acquisitions.

The blank check company was established in mid-2018 with a focus on hydrocarbon logistics opportunities but recently changed its approach:

(...) In the nearly two years since HL’s IPO, the issues of climate change and the global energy transition have become increasingly top of mind for governments, businesses, and investors alike. With that in mind, we shifted our focus towards how to best capitalize on opportunities to play a leading role in the decarbonization movement.

While there's certainly nothing wrong with this assessment, management might have also felt some pressure to close a deal after the planned acquisition of Chi Energie (Singapore), a company engaged in "developing a modular LNG business to supply the remote power, oil field service and transportation sectors in Oman" was terminated in late March after the double whammy of new oil price war and COVID-19 pandemic hit the markets.

With fuel cell- and hydrogen-related stocks like Nikola, Ballard Power (BLDP), Plug Power (PLUG), NEL ASA (OTCPK:NLLSF) and PowerCell (OTC:pCELF) remaining in high demand among investors, the proposed acquisition of Fusion Fuel might play out well for equityholders.

769697-15917432515174267.png



Source: Investor Presentation, Slide 4

Particularly the company's claim to have developed a proprietary electrolysis solution that will allow for the production of green hydrogen on a cost basis comparable with brown hydrogen generated via steam-methane reforming of which 95%+ of today's world hydrogen supply is derived from will likely attract heightened investor interest as only green hydrogen would allow for true emission-free transportation.

769697-15917431312761137.png



Source: Investor Presentation, Slide 16

In contrast, Nikola Corporation will have to rely mostly on grid power for its planned network of large-scale hydrogen fueling stations with the company aiming "to source a minimum of 30 percent of its electricity from (...) solar panels and other renewable forms of electricity".

Investors looking for more color on Fusion Fuel's technology claims should go over the investor presentation on HL Acquisitions' website.

Key Transaction Terms:

· Fusion Fuel shareholders will receive 2.125 million shares and warrants with an agreed value of €22.8 million and up to €12.2 million in additional contingent consideration for entering into hydrogen supply agreements with qualified counterparties by or before June 2022.

· current HL shareholders will retain 77% of the outstanding shares of the combined company

· pro-forma company value of $96.7 million

To provide some perspective, the purchase price for Fusion Fuels calculates to below 1% of the valuation assigned to Nikola in the recent reverse merger with VectoIQ Acquisition ("VectoIQ").

In addition, HL Acquisitions is a much smaller blank check company relative to VectoIQ with roughly $53.5 million in its trust account as compared to $238.4 million at VectoIQ at the end of Q1.

That said, the new company projects to be profitable as soon as 2022:

769697-15917446267297769.png



Source: Investor Presentation, Slide 29

As usual, investors should take these projections with a huge grain of salt as they basically always represent a very best case scenario.

Assuming no shareholder redemptions, the combined company will have approximately 9.2 million shares and 9.9 million warrants (with an exercise price of $11.50) outstanding.

Bottom Line:

Assuming shareholder approval, another hydrogen startup will be listed on Nasdaq within the next couple of months. As with Nikola, technology claims and business plan appear wildly optimistic but as evidenced by the recent 700% rally in Nikola's share price, investors couldn't care less these days.

With an estimated current free float of approximately 6 million shares (as compared to 23 million for Nikola right now), HL Acquisitions would make a formidable target for the momentum crowd.

While the stock hasn't really moved after the proposed acquisition was announced, some earlybird speculators seem to be well aware of the deal as the warrants (HCCHW) have already more than quintupled over the past two sessions.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
 

hottmixx

Gutta Queen Super Star***
BGOL Investor
GNUS is getting volume and rising.

My TEUM swing is looking good.

My PSTV swing isn’t getting any volume. Neither is NBY.
Thanks for the discord hook up. I made a nice run on CRIS and DPW today. I’m cashapping my donation today so you can look for your referral tip :yes: Microsoft is making a run today so I’m sitting in a nice spot right now!
 

Thrill3Seeker

Rising Star
BGOL Investor
Thanks for the discord hook up. I made a nice run on CRIS and DPW today. I’m cashapping my donation today so you can look for your referral tip :yes: Microsoft is making a run today so I’m sitting in a nice spot right now!


Nice. Glad to hear. Just tell them that I sent you. I send my "referral fee" directly to the mods. Glad you joined. Hope you make a lot of $$$.

DPW and CRIS were :money:
 

Coldchi

Rising Star
BGOL Investor
Hertz took a fuckin beating today. They need to take a couple more beatings so I can buy in again and cash out....lol

And these Chinese companies jumping up 1000% after the opening bell......i need to catch some of them.
 

ScottyPiffen745

BGOL CSI: Connoisseur of Sluts on Instagram™
BGOL Investor
Hertz took a fuckin beating today. They need to take a couple more beatings so I can buy in again and cash out....lol

And these Chinese companies jumping up 1000% after the opening bell......i need to catch some of them.

Yep, learned my first lesson today. I should've sold when I doubled up.

Lost all that profit and damn near half my investment.

Cost for the lesson I suppose.

I fucked up my crypto portfolio by bag holding Ripple.
 

Thrill3Seeker

Rising Star
BGOL Investor
Yep, learned my first lesson today. I should've sold when I doubled up.

Lost all that profit and damn near half my investment.

Cost for the lesson I suppose.

I fucked up my crypto portfolio by bag holding Ripple.

A bought lesson is better than a taught lesson.

I fucked up one day and caught an L because I left the computer for a second to go to the bathroom and didn't set a stop loss on a day trade play. Most expensive piss break ever.

#neveragain.
 

xfactor

Rising Star
BGOL Investor
Thanks for responding to my PM @xfactor . Do you mind sharing your insight here?

My original question was whether you still see HTZ running to 10 PPS at the end of the month in light of the them receiving the de-listing notification today.

not anymore, I have to revise my position on this because with $HTZ not being on a major exchange, they are done. They did release a statement saying they would appeal but I think there are better stocks to trade

best thing to do is liquidate shares immediately before the delist date (because it will drop more) and if you want to flip it, you can on the OTC. I flipped $JCP/$JCPNQ for a nice gain.

$HTZ did fire their CMO and hired a new one, so we will see how it plays out but I would not hold anymore because of lack of upside.
 
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