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Is there a link at otcmarkets or elsewhere that mentions all the newly trading stocks? Or what tends to be sources on these?
If you can figure out a good approach, please let me know and maybe I'll be following you into trades. Maybe I'm the one who's doing it wrong. Keep me filled in. If you play one that way, I'd love to follow along with your thoughts in real time.
The one other risk I can think of is the shares don't always trade up in price when the deal gets done. I've seen the stock trade at $11, then the deal gets announced, market doesn't like it and stock trades down to $7, and by the time the deal closed it was trading in the 5's. The other thing is I don't know if ALL deals offer to redeem, so I think that's another potential way to lose.
But seriously, I'd love to follow along in real time if you try one. Good luck with whatever approach you go with!
I've seen some warrants get flat-out canceled. Also seen plenty of spacs not complete a deal and the warrants end up worthless.
Just so that I understand what you're trying to do, you're thinking of buying the IPO itself? If so, I've never done that, but usually the warrants aren't free, when the thing trades as a whole unit, might trade at $11 and then splits into the stock trading at $10 and the warrant at $1 or some such. But I still wouldn't call it risk-free.
Frankly, what I think happens more often than not, is that hedge funds seem to get involved in SPACs about every decade or so as they are now. They bring one public with the required number of shareholders, then they buy back the shares from many of those other shareholders (who were their friends) and now they control almost all the float, and they can run a stock pretty easily. It's almost like an SEC-approved pump and dump. PHUN ran to like $500 or something crazy, but PHUNW only traded to like $3, because they weren't exercisable for a year after the deal or something crazy. And the strike price was in the teens or something. None of it made any sense.
You could certainly give it a shot, but there are still plenty of risks. Lots of spacs don't do a deal and give the money back.
Re Warrants, I thought the same thing when I first started following these. It's usually a long-term warrant, seems like a great deal.
But what I've found over time is that the terms of the warrants can actually change when the SPAC makes an acquisition. And many times it's not even clear that the change has happened or what the new terms are. So they're much dicier than they appear.
Even when you read thru the documents of an acquisition (which can be hundreds of pages), I often still can't figure them out. I've often found that the big money players are actually the sellers of the warrants when they seem like a great deal to you and me, because they have inside info on the terms of the deal.
So bottom line, I've found them to be way more dangerous than they appear.
OT: Comedian Kyle Dunnigan 1min video impersonating Gov Cuomo press conference on why you should wear a mask:
OT: EVMS Updated Covid Protocol
These guys make total sense to me because they're humble and saying let's learn from others based on what's actually working. Early stage you start with the antivirals, if that doesn't work and things progress, you move on to other treatments. They're big on Vitamin C and D throughout:
https://www.evms.edu/media/evms_public/departments/internal_medicine/EVMS_Critical_Care_COVID-19_Protocol.pdf
Personally, if I or a loved one started showing symptoms, I would print that thing out and take it into the doctor's appointment with me.
OT: Elon Musk 2min vid on magical thinking of socialism:
No, to me it seems like a way to say "did no better than the placebo" and just dismiss HCQ. It seems a dishonest way to approach it when as others have said, it's to be used early on and with the other drugs. It may not work, I don't know. But seems far more honest to try Zelenko's protocol, early on, vs a sugar pill. That, to me, would be an honest study. Then if it doesn't work, fair enough. Maybe the good doctor has been honestly deluding himself this whole time. That's possible.
This is a problem I have with a lot of "studies". They're not honest. The way the Sackler family manipulated studies and doctors to get opiates into mainstream usage was just a disgusting example of how you can sort of get study to say whatever you want. There are more and more scientists suggesting that studies are not terribly trustworthy because of this.
Science is cut and dry. But scientists are not. They are people. And they have egos and political and financial motives too, just like the rest of us. That needs to be factored in too.
Yeah, I saw Zelenko is doing his own study now. He may not be correct, but his point is gotta work with what you have now.
Re Gates, I don't know what Q-anon is. I do my own research. Gates was asked to leave India after his vaccines did harm to children. Gates is now the largest funder of the WHO and many people are concerned that he holds way too much sway in pushing his own agenda. Gates also hung out with Jeffrey Epstein AFTER he was a convicted pedophile. (That alone makes me distrust him.) He lied about it first to the WSJ and only later came clean when confronted by NY Times. He passes himself off as a medical professional when he is not. He gets softball interviews because he gives money to many news organizations. He was a cut-throat businessman with a very arrogant, bullying personality at Microsoft. Not buying the Mr. Rogers nice guy approach now. He pushes vaccines (and wants total immunity from prosecution), digital id's and health passports. Not a fan of any of that. It's medical tyranny.
Re Gates, it's because he's pushing vaccines and is invested in many of the companies that benefit from vaccines. And I know what a complete jerk and dictator Gates was at Microsoft. Plus, he's passing himself off as a medical professional.
Little East Virginia Medical School was right on a lot of thing (including prone positioning) and they were suggesting Vitamin C early on in the treatment process, so that doesn't seem like a nothing burger to me.
Zelenko seems like a common sense dude to me, and the establishment seems way too quick to want to write off a cheap treatment that seems to work well if used early on. Please give the vid a look if/when you have time:
Sure, but this was 15 years ago and very clearly suggested that the research should be moved along, no? Also states it was well known that Chloroquine was widely used to treat human diseases without significant side effects.
Seems very disingenuous to have done the latest "study" they did when patients were already very far gone. Dr Zelenko is one of the main advocates of HCQ and stated he thought it was completely scientifically dishonest.
If you've got the time littlefish, two more quick questions.
1) The Gates and Wellcome funded study of HCQ is using Vitamin C as a placebo. Does that seem appropriate to you?
https://nyulangone.org/news/clinical-trial-tests-efficacy-common-antimalarial-drug-prevent-covid-19-infection
2) If you get a chance, would appreciate your take on this interview with Zelenko. This does not seem like a crazy, non-scientific nutjob(runs about 30min):
How so? Details, please on the NIH publication.
Yep, they're refusing to allow market forces to work. Instead, become a heroin addict; each hit needs to be bigger -- until you completely implode.
"The Experts" don't seem to believe their own b.s. Just came across this. The guy who put out one of the two main "studies" that triggered the lockdowns and were way off base, broke the lockdown rules to meet his married lover and has now resigned lol:
https://www.telegraph.co.uk/news/2020/05/05/exclusive-government-scientist-neil-ferguson-resigns-breaking/
Yeah, I know. It's sounding like they were.
Plus, the Gates-funded study of HCQ seems rigged from the outset. (Gates is pushing his vaccines as the only solution and is invested in some of the companies that would benefit.) They are using Vitamin C as a placebo! littlefish, have you ever heard of such a thing? Vitamin C is not the same as a sugar pill, especially in this instance where many Doctors have gone on the record saying Vitamin C helps a lot with Covid. Search for "vitamin c" here:
https://nyulangone.org/news/clinical-trial-tests-efficacy-common-antimalarial-drug-prevent-covid-19-infection
Fauci knew of efficacy of HCQ in 2005. Boy, this seems pretty damning -- there was an article from NIH publication:
https://onenewsnow.com/perspectives/bryan-fischer/2020/04/27/fauci-knew-about-hcq-in-2005-nobody-needed-to-die
Gotta start to wonder about conflicts of interest, both political and financial. Would like to hear opposing views. Technically, there is one error in this linked article I can spot as I believe Fauci is director of NIAID, which is one of 27 Institutes of the NIH. Francis Collins is director of NIH. But still, the point of the article remains quite valid.
Elon Musk on the lockdowns:
"This is fascist. This is not democratic. This is not freedom. Give people back their goddamn freedom!"
I would agree that's where we are, but I don't think we got here fast. It's been an incremental process over about 30+ years. Probably started around the time of the "Greenspan put" and has been increasing little by little ever since. It's no longer a system of capitalism, but would be better called favoritism or cronyism. Greenspan bailed out the markets, then GW Bush, bailed out the banks, now everybody gets a bailout.
The general ideology is slowly moving towards one of socialist ideals, despite hundreds of years of evidence that socialism leads to ruin. Even many so-called "conservatives" are in favor of this stuff now. They all act like the American quality of life just happens by divine right, and will continue along just fine if the govt just prints as much money as it wants. And frankly, they seem to think working is optional also. Just print money; it solves everything. Moral hazard everywhere.
It's a very scary attitude. The education system from high school to colleges teaches this stuff. I think most under about the age of 40 really believe this -- it's all they've ever learned.
Please change LSALD board to YSGG (new symbol)
This ticker change was posted on the Daily List on 3/11/2020
Here is a link to the board:
https://investorshub.advfn.com/1399-Internet-Tech-App-Gr-Inc-LSALD-13735/
Thank you.
SPRT Just wanted to mention a typo on the symbol in case anyone was confused. I'm sure gp22 was referring to SPRT not STRP
Until the lockdown ends, all govt salaries should cease. Align the incentives. Also, cut off funding to every college and university and let's see if "expert" opinion changes.
NY New Hospitalizations Way Down
1/ If the trends of the last few days weren't clear enough, @NYGovCuomo's press conference today leaves no room for doubt: new hospitalizations in New York, the center of the epidemic, fell to 358 - a 75% drop in four days.
— Alex Berenson (@AlexBerenson) April 6, 2020
Great. Obviously. But.
The may be useful to those you know in the field (or may not). Seems to make somewhat similar arguments:
https://www.evms.edu/media/evms_public/departments/internal_medicine/EVMS_Critical_Care_COVID-19_Protocol.pdf
Tough To Discern The Truth These Days
I think the gist of the first video is largely false. Some shifty types added their own preamble text to a video to make it seem like something else. Lieber was arrested but for other reasons. He does not appear to have invented and sold the virus. That video has made the rounds before:
https://www.factcheck.org/2020/02/no-link-between-harvard-scientist-charles-lieber-and-coronavirus/
NYC ER Doc Suggests Current Vent Protocols May Be Killing Patients
This is an interesting point of view from a Doc who is dealing with it:
Thoughtful Piece From The Australian
Current response to virus will lead to suffering.
(Have to access thru this Twitter link, otherwise it's blocked by a paywall):
Our response to the coronavirus outbreak has been panicked, illogical, absurd and sinister. One day we’ll emerge blinking into the economic wasteland we have wilfully created, writes Steve Waterson.https://t.co/Sb7yEhfVEV
— Australian Opinion (@AusOpinion) April 4, 2020
Right, i'm not disagreeing about what it is, just how it is being reported. If Covid19 weren't around, many of these deaths would probably just be reported as pneumonia and it would not be viewed as a big deal. Others as heart failure, etc. Not claiming it doesn't exist, or any conspiracy or anything, but the catch-all way it's being reported may just be taking numbers out of other categories.
Also wondering if NYC has a particularly virulent strain or something, as it just doesn't seem to be acting similarly in other cities.
Covid Numbers Jumped as Pneumonia Numbers Fell Sharply
Not suggesting anything sinister here, other than just the numbers aren't really making much sense. Have to wonder if some of what would have been reported as pneumonia in previous years is now being reported as Covid when you know how the numbers are reported and then you look at this graph:
https://twitter.com/Jaytherealcrab1/status/1246466115162836992/photo/1
CDC Method for Coding Covid-19 Deaths
1/ As you sit home watching #COVID death counts spiral, please know the official @CDCgov guidance for coding COVID-related deaths is as follows: any death where the disease “caused or is *assumed* to have caused or *contributed to* death.” Confirmed lab tests are not required... pic.twitter.com/H4D6mcti3R
— Alex Berenson (@AlexBerenson) April 3, 2020
Don't know, it may just be when the numbers come out, but I'm not sure. But I think his whole point is that New York appears to be far worse than anyplace else, and even there it is not overwhelming the hospital system as these apocalyptic models projected.
Here's Florida (read down the comments where RN and epidemiologist for Fl Dept of Health said they're being sent home):
And here’s updated Florida data (remember, Florida just went on a relatively loose lockdown, no way it could be having an impact yet): 2000 FEWER patients and 200 FEWER ICU patients than yesterday. You read that right. Florida hospitals are emptier today. pic.twitter.com/agK7DntO4g
— Alex Berenson (@AlexBerenson) April 4, 2020
Updated Oregon report from Friday. There is a longer discussion to be had about what the lockdowns are or are not doing, but the raw data is stunning: overall ER visits and COVID ER visits are plunging statewide. This is the opposite of a surge. The hospitals are emptying. pic.twitter.com/RCWCPu6bSx
— Alex Berenson (@AlexBerenson) April 4, 2020
Alex Berenson doing some real research:
https://twitter.com/AlexBerenson
Alex Berenson is a former NY Times business and financial reporter that some of you may remember from back in the day. I always thought his reporting was very level-headed and very good. Hadn't heard his name in ages, then recently ran across him on Twitter
He's questioning the virus numbers in a very logical, rational manner. And certainly questioning whether the response to it is at all logical. Links to interview of him and his Twitter acct:
New Corona Laws
https://tinyurl.com/v8svefv
Why not just print $1 trillion for each person, and we'll all be rich?
Absolutely disappointed.
Must Watch: How to Give A Press Conference
Slight difference between blowhard politicians who want to be the center of attention and hold court for 3 hours, and somebody who's gonna get some chit done. Chief of Army Corp of Engineers gives a clear, concise, simple plan. Almost every detail you could possibly ask for in 3 minutes. Who, what, when, where, why, how. If I were a reporter in the room, I wouldn't want to take up a second of his time with needless questions:
Lt. Gen. Todd Semonite, Chief of the @USACEHQ, provides a 'simple' solution to the complicated problem of building temporary medical facilities to assist states with responding to #COVID19. This clip is from a press conference by Army senior leader on March 20, 2020. pic.twitter.com/HrASBfRSjz
— U.S. Army (@USArmy) March 21, 2020
Kyle Bass Calls For Closing Stock Market Until Infections Go Down
Whether you agree or disagree, it's worth knowing what is being suggested:
https://podcasts.apple.com/us/podcast/kyle-bass-famed-hedge-fund-manager-its-time-to-shut/id1460600818?i=1000469305922
Pres. Tone May Be Changing
WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. AT THE END OF THE 15 DAY PERIOD, WE WILL MAKE A DECISION AS TO WHICH WAY WE WANT TO GO!
— Donald J. Trump (@realDonaldTrump) March 23, 2020
Financial Solution From Our Wise Overlords
Go to page 2 "Funding the Program" if you want a good laugh. Had never heard of this person but apparently is from Detroit, which may explain Detroit's financial problems:
https://tlaib.house.gov/sites/tlaib.house.gov/files/Automatic%20Boost%20to%20Communities%20Act%20.pdf