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BENE if you believe in hydrogen-based fuel suppliersBenessere Capital Acquisition Corp, a SPAC, and eCombustible Energy LLC, a leading innovator and provider of customizable hydrogen-based fuel for thermal industrial applications announced that the companies have entered into a definitive business combination agreement, providing for a business combination that will result in eCombustible Energy becoming a public listed company. If we look at the price history after the rumors and the fist announcement, today`s price looks like a steal! Today You can buy the leading innovator and provider of customizable hydrogen-based fuel for thermal industrial applications at the initial SPAC price.
BLong
by TopgOptions
Symbotic Going Public Through Merger With $SVFCSymbotic LLC — a revolutionary A.I.-enabled technology platform for the supply chain — and SVF Investment Corp. 3 (NASDAQ: SVFC) — a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers (SBIA) — announced today a definitive merger agreement expected to make Symbotic a public company listed on Nasdaq. Upon the completion of the merger, which is expected in the first half of 2022, the combined company will operate under the “Symbotic Inc.” name and will trade on Nasdaq under the ticker symbol “SYM.” For more pulse2.com
SLong
by crypto_winger
DWAC Trump Media & Technology Group $1 billion investment If you haven`t bought it before the $180 pump: or after the retracement and short term price target: Then you should know that DWAC had received a $1 billion investment from a group of institutional investors. Coincidentally or not, Saba Capital Management announced on Dec. 9 that it had purchased a stake in DWAC. Now that Jack Dorsey has left Twitter, i think it`s a place left for a rival to compete in this area, TruthSocial! My price target is the 103usd resistance. looking forward to read your opinion about it.
DLong
by TopgOptions
5
Strong support area provides a good R/ROpendoor $OPEN has delivered better than expected results in the past 2 QE. The fundamentals are strong and this past sell-off was due to the broad market sell-off. At $13.50-$13.75 range we have a strong support area that should hold. If so the minimum rise should be the resistance area of the range-bound rectangle at around $18.50. Entering a BUY position at the current price would provide 2.5+ R/R which is pretty good. If we can get a small dip down to $14.5 then the R/R rises to 4.44 as shown on the chart. Other notable technicals we can see are: - the price should retrace back to 200SMA around $18-$18.5 area - the retracement would be less than 50% Fibo - the price is really over-sold and a counter-trend leg to the upside is expected Not financial advice, DYODD
NASDAQ:OPENLong
by IboProtrader
$GGPI PT 70-90 and higherGores Guggenheim Is the Rare EV SPAC That’s Not All Talk It was recently announced that Swedish electric car maker Polestar Performance AB will be going public via a merger with special purpose acquisition company Gores Guggenheim (NASDAQ:GGPI). The new company will be renamed Polestar Automotive Holding UK and is to be listed on Nasdaq under the ticker symbol “PSNY”. Right now, GGPI stock is pretty close to its original SPAC price, opening at $11.31 on Nov. 12. The deal, which has an enterprise value of about $20 billion, might leave some investors indifferent. After all, EV makers going public via SPACs is nothing new. However, GGPI stock is worth monitoring due to some important factors. In the past I’ve made it clear that I do not like SPACs. They’re risky fueled by excitement rather than intrinsic value. This SPAC has a lot of potential, though. And the stock price isn’t too far off from its listing price. InvestorPlace - Stock Market News, Stock Advice & Trading Tips A Long History of Success The Gores Group is an investment company with more than 30 years of experience, more than $4 billion invested and more than 120 acquisitions. Polestar is a Swedish electric car maker that was founded in 1996. It got its start developing performance hardware and software for racing vehicles with Volvo. 7 Best Cryptocurrencies That Could Hit New Highs Soon Volvo Cars is a Swedish automotive manufacturer of luxury vehicles founded in 1927. It is an automaker synonymous with safety. The combination of an experienced investment firm with a racing company backed by the know-how of a top reputable premium automaker makes GGPI stock an investment opportunity worth monitoring. Why I’m Excited About GGPI Stock Alec Gores, the founder of The Gores Group, has stated that “SPACs are great, as long not being abused.” He has this to say: “I believe the SPAC product is a great product as long as it’s not being abused. So as a sponsor, you have to be very, very responsible. You have to know what you’re doing. You also have to bring in great companies. So a great sponsor meet great companies makes a good SPAC and a great SPAC.” He also discussed why he sees Polestar as a great opportunity: “We literally see so many deals. The first thing is we vet things out quickly. Then we have a lot of conversations around things we find. The art is to start with a great company with the potential to be the leader in the space. Then you go to the management team, then to the product, a great product, and revenues, projections all of these things have to meet. Most important we have to be aligned with the management team. In this case Thomas and their team is incredible. Also having the Volvo relationship helps here.” Polestar is designing premium, high-performance electric vehicles, and that’s exciting. But what I like most are the backing of The Gores Group. I also like these key highlights from Polestar’s Investor Presentation: Polestar has two models now in production, Polestar 1 and Polestar 2, with plans to launch 3 new cars by the year 2024 Polestar considers itself to be the only global EV pure-play alongside Tesla (NASDAQ:TSLA) Premium/luxury EVs are the fastest-growing segments of the global car market Sales are expected to rise from 29,000 cars in 2021 to 290,000 cars in 2025 Expected revenue for 2021 is $1.6 billion and is forecasted to increase to $17.8 billion by the year 2025 By the year 2025, EBIT margin is expected to be 9% EBIT break-even is expected in 2023 If this EBIT break-even occurs in 2023, that will be very good for Polestar. I’m optimistic, because — in contrast with other SPACs that have brought EV automakers public based on plans alone — Polestar has already two models under production. Polestar also has a well-established geographical presence in North America, Europe and Asia/Pacific. By not focusing on just market such as the U.S., Polestar opens up more potential sales globally. Bottom Line on GGPI Stock With a strong business heritage, continuous innovation and strong growth, GGPI stock is close to its SPAC listing price, eliminating the worrisome nature of most SPACs. Is Polestar risk-free? No, but it has high potential to achieve better than expected financial performance. I would still advise you to wait, though. Polestar should provide us with positive economic data over the next quarters as a public company to make its story of success more plausible. I like Polestar and its products a lot, maybe because I love performance cars. The mix of business heritage sounds great, and the values such as design and quality are exciting. Wait to see strong real financial results, though. Polestar I’m waiting to by electrified by your financial performance. On the date of publication, Stavros Georgiadis, CFA did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Stavros Georgiadis is a CFA charter holder, an Equity Research Analyst, and an Economist. He focuses on U.S. stocks and has his own stock market blog at thestockmarketontheinternet.com/. He has written in the past various articles for
GLong
by BADQOMOCAWGOWLD
4
$RMO grab it before its hot*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team has been analyzing lithium-ion battery company $RMO for the past couple of months waiting for the right opportunity enter this battered down gem. Today was that day. My team anticipates players who are interested in $RMO to begin adding while shares are still cheap for a nice run-up into earnings. We entered $RMO today at $4.45 per share and have set our first take profit at $5.25. This would be a percentage change of %18. Earnings are expected to be released on 11/14/21. This date is subject to change. ENTRY: $4.45 TAKE PROFIT 1: $5.25 TAKE PROFIT 2: $7.00 If you want to see more, please like and follow us @SimplyShowMeTheMoney
RLong
by SimplyShowMeTheMoney
5
What We Know About Trump’s SPAC DealLast Wednesday, Former US President Donald Trump announced the creation of his Media Company, Trump Media and Technology Group (TMTG) as well as its planned merger with Digital World Acquisition Corp (NASDAQ: DWAC). Within four days, the NASDAQ-listed DWAC stock had grown by 740%. At the close of the Monday trading day (25/10/21), DWAC was trading at US $83.86. After-hours trading sees the stock up by 3.98% to US $87.20. Arguable, DWAC price rise could be indicate it is the latest in a long line of ‘meme’ stocks, with retail traders ploughing into the stock for the sake of entertainment. Although, this might be a too-easy dismissal of Trump’s large popularity among Americans. He is, after all, the presidential candidate that garnered the second largest number of votes in US election history (after President Joe Biden, of course). TMTG and DWAC would represent the only publicly-listed entity tied to Former President Trump (after the bankruptcy of Trump Hotel & Casino (NYSE: DJT)), and thus, demand from his supporters might be in line with DWAC’s price rise. What we know about Trump Media and Technology Group (TMTG) TMTG is planning several launches over the next year. The first and perhaps most grandiose undertaking is a social media platform called TRUTH Social, set to be released at the start of 2022. It is unknown whether the platform will be based on Facebook (NASDAQ: FB), Twitter (NYSE: TWTR), or YouTube, all of which are sharing platforms that have banned the former Presidents profiles. As can be gleaned from Trumps Statements, Truth Social will likely imitate the likes of Twitter, with short, pithy Tweet-like posts referred to as TRUTHS. What we know about Digital World Acquisition Corp (DWAC) Founded in 2020 and based out of a shared WeWork (NYSE: WE) office in Miami, DWAC is a Special Purpose Acquisition Company (SPAC) listed with the goal to merge with a US technology, fintech, or financial services business. DWAC is controlled by the founder of Benessere Investment Group, Patrick F. Orlando, and Luiz Philippe de Orleans e Braganca, a businessman and member of the National Congress of Brazil. Orlando, acting as DWAC’s CEO, is a former derivatives trader at Deutsche Bank (ETR: DBK) and serial SPAC lister. While Orlando has launched four SPACs, raising hundreds of millions of dollars in the process, he has failed to push any of them over the line and complete a merger. With the stock price rally of DWAC, Orlando’s chances of achieving a SPAC merger are looking more probable than ever. DWAC scepticism DWAC has already generated its fair share of criticism for scant financial details and planning. Kristi Marvin, chief executive of SPAC Insider, notes, “We don’t know how they got to the valuation. We have no information … That’s the fundamental problem.”. DWAC merger deal with TMTG values it at US $875 million.
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by BlackBull_Markets
1