InvestorsHub Logo
Followers 71
Posts 2273
Boards Moderated 0
Alias Born 09/12/2011

Re: None

Tuesday, 03/01/2022 1:31:28 PM

Tuesday, March 01, 2022 1:31:28 PM

Post# of 121
Last few days I have seen big selling in NVACW and NVACR (with concurrent price drop down to as low as .1280).

Today I see big buying of NVAC (it is only 1:30 pm and 182,517 shares traded so far, and the stock is up 5 cents to $9.84, which is the 52 week high, with the ASK now @ $9.85

Looks to me like big players are getting rid of their rights and warrants in exchange for stock (which has a value of more than 50x of either the stocks or the warrants).

I'm guessing it is just a clean-up and consolidation.

I'm guessing the big players would rather just deal with the one larger piece of the pie (NVAC) rather than the many multiples of the much, much smaller pieces of the same pie (NVACW and NVACR).

Looks like there could be an opportunity for some good buys...

These opinions are my own and are not intended as investment advice. If you feel that my statements are "Pumping", Propaganda, or manipulative in any way, please refrain from trading and seek medical treatment immediately.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NVAC News