Mohacsy's Safe Portfolio Member Forum

[cgavin5]

Sounds good morokoy. Fertitta is no dummy. He's put together a deal where he's taking his privately held company public while still owning the brick and mortar and being CEO of the new online company. Sweet deal- for him. Provides cash and offsets some of the losses he's been suffering with closures.

How it's structured and who benefits is not important to me for the small amount of cash I'm investing.

I got in to NKLA on it's IPO and rode that pony till I got an 85% profit in a day, and that was structured similarly so on LCA. I may be able to get in earlier before the merger and IPO. I'll take my chances with this one. Have stop loss already in place.