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Okay. I got you. Hopefully they fly but I doubt it. Lol
It's the 10th. I already signed up.
https://finance.yahoo.com/news/archer-announces-unveiling-evtol-aircraft-110000617.html
To view Archer’s aircraft unveil, please RSVP for the livestream via this website.
I'm still long here...getting excited for June 10th.
Signed up to attend the live stream of the unveiling.
I hope at the Morgan Stanley summit they stress "Job Creation". There are a lot of jobs that can be created within this new industry.
Okay. Thanks for the info.
Wow! I don't sign into IHUB much. Haven't been following this since I got out, and I'm glad I did.
Got in at IPO, got out at $33.
The stock market is no longer a place to invest, but strictly a place to trade. Market manipulation has completely destroyed the market...from social media to live media. If you have followers, you have all the power.
Good luck.
Hope I'm wrong, but this may wind up being a bad investment.
Not that Archer doesn't have legs on its own, but this infrastructure bill will be beneficial.
2nd quarter is approaching, so merger news should be soon forth coming. Also, with the end of the 1st quarter a few days away, funds and institutions are rebalancing, so hopefully we see some of that cash come into ACIC/ARCH
I'm loading the books like a professional.
Archer (Atlas) for the future.
Nothing to see here until after the merger. Lower it drops the more I accumulate. Long term investment here.
Dropping as predicted and insiders/institutions are making money on the drop; i.e, the shares they loaned for shorting. Might drop to $10 in order the make the insiders/institutions whole.
Might want to wait until it hits the PIPE price of $10 before buying. (Or stay away completely, LOL)
Feel bad for those who bought at and near the 52 week high of $18.60
It's a dirty game.
Having said all of that, if you're an investor with the mentality of holding for years and years and years, these prices are a good entry.
TD Ameritrade now has ACIC shares available to short, albeit, (HTB) hard to borrow, whereas before they were (NTB) not available to borrow.
Institutions and/or insiders are now loaning out their millions of shares.
Because of that, I'm out immediately after the ticker change, then I'll probably get back in when it drops...and it will drop; why else would they loan out their shares if not to make money on the drop.
LOL.
I'm paying close attention to the float and it's slowly shrinking. The more big buys the quicker the price shoots up.
FWIW, between Thursday and Friday of last week ARK hedge fund accumulated a little over 1 million shares.
There may be no more run up under ticker ACIC unless they announce more contracts prior to the ACHR ticker change.
IMO, we'll be in the $12-$14 range until the merger is complete. The ACIC run up is over IMO.
This stock can't be shorted yet it trades like it is shorted...must be a lot of naked shorting going on behind the scenes.
Ticker change could happen in March. They said "BY" 2nd quarter. To my understanding, "BY" means "before".
Nevermind, I see it. Thanks.
How do you buy warrants? I'm with TD Ameritrade.
I see the symbol is ACIC.WS
Yeah it sucks, but it was on a tear lately. I was up 25% but now red...lol.
Several things keeps me positive...the product/service, the backers, and knowing the marketcap is way undervalued, which means there's plenty of room for growth. They're just testing the typical impatient retail investor. Institutions have all the time and money so no worries with them.
Good luck
Can't scare me!!!
Lol
Bet another Form 13G gets filed today or tomorrow.
Out yesterday, Walmart looking to invest $14 billion in ecommerce.
https://finance.yahoo.com/news/walmart-announces-14b-investments-plans-204802955.html
Archer investor Marc Lore has ties to Walmart. He sold Jet.com to Walmart for $3.3 billion.
Archer not only has the product, they have some big players behind them.
I haven't even mention Ken Moelis :)
The future is among us. As the Wall Street Journal called it, "The Jetsons". LOL
And to top it off, they're electric. The world's going green, ground and air.
It's not just taxis, on page 48 of their presentation, they mention uses for Cargo, Military, Emergency Services, Regional Expansion, and Business Charters.
All the above targets are huge, but I'm betting big from the cargo perspective; I think they'll eventually get orders from FedEx, UPS, and/or Amazon.
Think of all the jobs they are about to create...manufacturing, logistics, pilots, etc.
Good luck
LOL...subtract the extra "are".
If you read this...
https://seekingalpha.com/article/4396875-spacmania-buyer-beware
...in correlation to this (specifically pages 51 & 52)...
https://investors.archer.com/files/doc_presentations/Investor-Presentation.pdf?source=content_type%3Areact%7Cfirst_level_url%3Aarticle%7Csection%3Amain_content%7Cbutton%3Abody_link
...you'll see that 84% of the shares will be locked up. Furthermore, based on SEC filings, 53% of the remaining 16% are held by institutions.
So from my understanding, this is the breakdown post merger...
375 million shares will be outstanding with 315 million shares locked up; leaving 60 million shares floating. Of those 60 million shares floating, according to SEC filings, 32 million shares are held by institutions, currently leaving 28 million shares in the pool for retail and/or more institutional interest. The final float will be small, so be ready for some major price swings.
Just some DD I thought I'd share. As always, enter at your own risk, and good luck.
P.S On page 48, look at the potential targets...they're are huge!
This video goes with today's filing. 34 minute mark
https://www.bloomberg.com/news/videos/2021-02-11/-bloomberg-markets-america-02-11-21-video
Because I bought when it was at $12. Double is good for me.
Good luck
Disclosure: I'm out
Disclosure: I'm out
For a stock that can't be shorted (at least not through TDA), this sure is volatile. Nevermind my disclosure of at at $50 I'll take my profits now and move on...we don't fall in love with stocks. LOL
Enter at your own risk...more than likely being manipulated by insiders.
Good luck
"Deal of the week" ???
https://finance.yahoo.com/news/station-archer-aviations-two-big-170953717.html
On another note, "...Stellantis and the venture arm of Exor", Exor owns Ferrari.
So much to be excited about. Hopefully everything pans out.
Disclosure: I'm selling at $50. LOL
I'll pass. ACIC much stronger, with bigger backers, like United Airlines, Fiat Chrysler, Moelis Group...
Good luck
Nothing wrong with a diverse portfolio...weed, SPAC's, ???real estate???
For all the Moelis fans, it appears Moelis is now backing $ACIC spac deal with Archer Aviation. Follow the money.
New administration, but FMCC and FNMA will always be the governments cash cow. Unfortunately, I don't see an end to this.
Follow Moelis to some profits.
https://finance.yahoo.com/news/electric-aircraft-maker-archer-public-120001666.html
RE: ACIC spac deal with Archer Aviation
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161820098
RE: ACIC spac deal with Archer Aviation
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161820098