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Someone's selling a lot of warrants.
NKLA has a fair amount of housekeeping to do before they look at partners for hydrogen. They just filed for shares for warrants, the PIPE holders need to cash out. Give them time to deal with the main issue...who builds the semi.
Nope.
Hopefully, once things get settled, the company can address the issues with the warrants. If you try to buy on TD Ameritrade, you get a warning about it being Deficient.
Well said.
It won't. The company stated that they have Ben eating hospitals in the area in New Mexico as work on flight operations was postponed. I expect that until things return to normal, whatever that is, the timeline will then start again.
No earlier than July 7.
These will be the warrants I want to get into:
https://www.cnbc.com/2020/06/11/pershing-squares-ackman-eyes-1-billion-plus-blank-check-company.html
There will be red days and there will be green days. I guess in your world that a company needs revenue...maybe even profit before you would invest.
So that would mean how many tech companies would you not have invested in that are successful today? Tesla? Revenue but no profit.
Coverage on Fast Money on CNBC.
I'll take a look.
Not sure since Based in Hong Kong. Any merger might be tricky in this environment.
Now both Tesla and Ford are doing their bit to crush this.
Fords says Electric F-150 by 2022
Tesla says resources to go to Semi development
Anyone happen to know the short interest off hand?
Yesterday on CNBC...double in 5 years, then double again in 5 years. So...
$2,000 2025
$4,000 2030
I think that is VERY conservative. I see a faster timeline.
Not a clue.
I think that a winning record will take more time, but deal announcing will come much sooner.
Own both. Brain freeze. Thanks.
Pending acquisition of a plant-based food company that supposedly already has good market share.
I think we'll see a bump with the ticker change and bell ringing.
I would hope for a cashless redemption...less dilutive.
My broker explained why it shows the 2023 date. That is 5 years since the warrants started trading. The broker has to show something, so they show that date until the CUSIP number for the warrants gets updated with the biz combo date.
5/16/23 is what my broker shows.
I would suspect after the SEC filings to change the name and ticker symbol, but the warrants should keep trading.
BMO forecasts 2020 silver averaging $17.60/oz. this year, 2% above prior guidance, with precious metals prices helped by loose monetary policy and a rush to gold ETFs.
Of course the price is now $18.46, with YTD average at $16.37.
Here's some stats (the table will not line up right, but easy to read):
YEAR AVERAGE CLOSING PRICE YEAR OPEN YEAR HIGH
2020 $16.37 $18.05 $18.88
2019 $16.22 $15.65 $19.55
2018 $15.71 $17.21 $17.62
2017 $17.07 $16.41 $18.51
Yes, but not a lot of action on this board.
I have no idea about the $13 option call. Maybe the original poster meant by warrant Redemption which is cashless?
Which as absolutely nothing to do with Virgin Galactic.
Unfortunately, he's taking a lot of flack for wanting a bailout for Virgin airways, while living in the British Virgin Islands and not paying any UK income taxes. This could come back to bite all of us
The fact that you come here instead of doing your own research says a lot.
But here are the answers. Not date set in 2020 for first commercial flight. They will lose money for a long time until flights are regularly scheduled. They have no control of the stock price and can't issue bogus news.
And more importantly, they most likely will not fly within the schedule they assumed, due to the Coronavirus. Branson is barred (as are all from the UK/EU) of coming to the US.
Finally, just go here: https://finance.yahoo.com/news/virgin-galactic-announces-date-first-200500082.html
Since I think we need to still test the bottom overall, I would like to get back at $11.50.
Also looking at MSFT below 140. QQQ around 170. NVDA below 200. DIS below 90.
Looks like I'll actually make a little bit of money on the covered calls that I sold that expired today but are in the money. $15 strike but got 65 cents of premium. So I will have a profit if after hours trading has the stock finishing below $15.65, which looks likely.
True...and how many want to hold through the weekend. Although after hours final amount will be the deciding factor.
Appears you were correct. That's what makes a market.
Well, even bad news seems to be good. Unless things changed, I'll be called on Saturday.
I'm with you on thinking we're due for a slight pullback. I took a percentage of my holdings and sold 12.50 and 15.00 covered calls for this Friday against them. The revenue was good, even though I may be called (good thing today isn't Friday), I'll probably wait for SPCE to go down before using the covered call revenue to buy more. Plus I still have shares that I didn't sell against.
Do you ever sleep?
While volume is extremely high so far today (half of average volume in 1 hour), we will probably see a pullback later today (regardless of the new "buy" rating from MS) as traders take their profits.
Yes. They issued a press release. You need to specifically tell your broker to redeem all of your warrants BEFORE that date or they will be worthless. Or you can do what I did and just sell them, then wait for a dip and buy the shares.
If those people can afford a flight, they probably still can.