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I tried to put an order for HHHHW currently unavailable TDA
Look at the market cap of the competitors, don't look at their prices, look at the market cap. That is all you need to know and see how high this can go, remember 7.4 million OS and they raised to 25 million OS in 12 months, that means the stock can with good numbers in earnings hit minimum 40 dollars. This is a good short, mid and long term investment.
https://finance.yahoo.com/quote/HUYA?p=HUYA
https://finance.yahoo.com/quote/YY?p=YY
https://finance.yahoo.com/quote/DOYU?p=DOYU
Solid open this coming Monday, the closer to 11.50 strike point, the faster the warrants will move and the higher the stock goes the faster and longer run the warrants will move. OS of the commons will stay low for the next 12 months, so essentially both of them should run well all next week, provided that the overall market cooperates. In either case the warrants are severely undervalued in relations to the commons stock, the market will adjust that come Monday.
It will be nice to see. Monday and Tues seem like forever away lol
It will be nice to see. Monday and Tues seem like forever away lol
The $1500 will be worth more than $8000 by Monday or Tuesday
Good luck to us
Go HHHHW
All of this try out was after hours, not during market hours.
It moved pretty slow all day Friday but took off in the last hour. It was impressive. Being a poor college student I wish I had more than $1500 to buy in when I did.. I am still satisfied with the 8600 shares I got at .168 avg each. Is it Monday yet?
I encourage everyone long that is holding a position whatever the ask is premarket or after the bell, do not undercut the market makers, those shares will get scooped up. This thing will do its thing based on the commons trading pattern. Remember also the intrinsic value of the warrants is a lot higher than the commons, the reason for that is, the closer it gets to the strike price the faster and harder the warrants will move. In either case, it will be very interesting to see things unfold all next week particularly Monday.
So that everyone knows tried for another 10,000 shares on Friday at 0.26 didn't get filled, then tried 0.27 didn't get filled again on Monday, currently still sitting on 27 hoping to get filled on Monday premarket and I doubt that happens, but I have strong feeling this is going to mover real fast on Monday with the merger being completed.
Remember nothing in this World is free, some might have thought like yourself that you can somehow convert your 2 warrants for one ordinary share of the commons, it doesn't work that way, but if the stock is trading at premium valuation based on market sentiments, then you are getting a heck of a deal, both on the warrants and the stock. Remember, 3 companies that are also trading on the big board that are in the multiple billions, once the market discovers this it will be at 40 dollars with an OS 25 million, possibly higher.
Makes sense thanks a lot ??
You have the option to buy the ordinary shares at $11.50 if even if they are trading at $16.50 or even higher.
So for example, you bought your 20,000 warrants at 20 cents, your cost basis is 4000 grand and the warrants hit 3 dollars in 4-6 weeks that is 60,000 dollars, you have the option to convert your warrants for the commons, one ordinary share for 2 warrants, so if you decided to convert all and have the option to buy the commons, then you would need to pay up $110,500 for the commons, but remember you turned your 4000 dollars investment into 60,000 and you are paying for a stock that is trading possibly a lot higher than $11.50, so lets say the stock is up 16.50 when the company calls you and gives you the option to either convert your warrants for the ordinary shares, you are not only up over a thousand percent on the warrants but also up at least 60 percent on stock instantly upon conversion but there is dilutive affect when your warrants are converted into common shares. Also you don't have to convert all of them, you can convert only desired amount and cash out the rest. But the warrants can still keep going without the company calling to convert them, much like VTIQ*W.
One more question .. So if the commons hit 11.50 I can essentially trade two shares of the warrants I own for one share of the common stock at 11.50 . For example If I own say 20,000 shares of HHHHW and the commons hit 11.50 I will then have 10,0000 shares of HHHH at 11.50 a piece if I choose to do so
Great info... glad we got you on board. Any other SPAC warrant you’re looking at please?
Thank Dino for the explanation, My first SPAC .... Im going to hold it for a couple of weeks and see how it goes.
That means if the company decided to call you on the warrants and say for example, you have the option to convert two of your warrants for one share of the ordinary shares, for $11.50, that is the exercise price, the stock could be trading at even higher, for example $16.50 but you still get the common shares at $11.50, 2 warrants for 1 ordinary share.
What do you mean only if they decide to call your warrants interesting ?
lest see how the commons trade all next week.
So HHHHW can hit $5 in few weeks if the common moves like VTIQW
The warrants can be exercised at $11.50 and the ratio is 2 warrant for 1 ordinary share and even if the stock hits $16.50 you can exercise to convert your warrant on 2 warrants for 1 ordinary shares at $11.50, that is only if the company decided to call your warrants. Interesting, very interesting how this going to play out.
Almost all SPAC deals are structured 11.50 dollars and that is why VTIQ*W.
Remember this is not OTC, this is a big board ticker.
Wealthbridge Acquisi (HHHHW)
0.2796 ? 0.1496 (115.08%)
Volume: 537,598 @05/08/20 7:49:38 PM EDT
Bid Ask Day's Range
0.27 2.79 0.15 - 0.28
HHHHW Detailed Quote
These warrants sometime next week will trade over a dollar and will stay there until the next catalyst, I say we hit above $2.00 within the next 4-6 weeks.
Truly amazing!
Quote
Minimum 60-70 cents we could touch $1.00 even on Monday during intraday.
Nice spread my guess .86 Monday
Great work on the intro EZ. Awesome job, even the 3 companies that have market caps well beyond a billion dollars are listed.
Minimum 60-70 cents we could touch $1.00 even on Monday during intraday.
Any predictions for warrants Monday? Looks like we closed strong
big buying came in eod 26k shares and took it up to 10.02
HHHH
$HHHHW: Setting up real nice for MONDAY
All week they were getting bought up.
Should be a solid open on MONDAY.... $2 will be nice
GO $HHHHW
Commons are trading at 10 dollars already, which implies we should be trading bare minimum 60-70 cents for starters.
Wow
That’ll awesome
The warrants will open at 40 cents assuming we close here today, if we close in at 30 cents warrants will start of 50 cents on Monday.
There are your 9's brother SmartMoney.
Yes HHHHR but they will cease trading after the close today.
Looking for a close of high 8's or low 9's on the commons, that should indicate that the commons should gap at the open on Monday at 10 and make a run to 11 dollars for starters and possibly hit 15 during intraday with buying pressure.
Does this have rights associated with the commons ?
Watch retail at 26 get vaporized shortly.
Watch the close on the commons if we close, the commons should close in the high 8's or low 9's. That would be an indication where the commons and the warrants are going next week. Good luck. Monday is the day for both.
Watch the close on the commons if we close, the commons should close in the high 8's or low 9's. That would be an indication where the commons and the warrants are going next week. Good luck. Monday is the day for both.
GOOD CALL in the warrants
.28 +115%
the commons need to catch up
giddy up
We get volume on HHHHW before close this will gap hard on Monday when the deal and ticker change takes place.
So now they are going to play back forth to keep the lid on before close.
The wall and more got vaporized, now it looks like we can close in on 30 cents today and run to 40 cents after hours and open 50 cents on Monday and massive move into the 70-80's Monday for starters.
We wil get there in due time.
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