A slate of high-profile pro athletes including Patrick Mahomes and Naomi Osaka have joined with a tech-focused banker to form a new special purpose acquisition company seeking a business in health and wellness, entertainment or consumer-facing technology.
The SPAC—Disruptive Acquisition Corp. I—filed for a $250 million IPO with the Securities and Exchange Commission this morning. The SPAC founder is Alexander Davis, the owner of Disruptive Technology Advisors, a bank that works with tech companies in transactions such as providing liquidity for shares in privately owned companies. [Reply]
For my Twatter group...who are some of your favorite people to follow for investing tips and advice? I feel like there are ALOT of BS accounts out there that are riding the coat tails of GME and have built their following off of just that...I am looking for people that are established and know their shit. [Reply]
Yup, the shift from growth stocks to value based has been VERY quick. It's more definitive than most moves you'll see from one sector to the other. [Reply]
Originally Posted by lewdog:
Yup, the shift from growth stocks to value based has been VERY quick. It's more definitive than most moves you'll see from one sector to the other.
I usually only invest in value / div stocks with steady growth. I have done well, but at the same time- missed many ships to the moon and back.
My risk tolerance is much lower the older I get. [Reply]
Originally Posted by TinyEvel:
That is a hefty volume goal of 800k cars per year. Tesla delivered 500k in 2020 and that’s the category leader. Lucid starting with a luxury model is the lowest model volume category behind coupes. Gonna be a while before most of this plant is used but if the quality of the cars is there these guys are set up for long term succeeds. Long hold on this stock could be a good play. 25 bucks right now
FSK starting with midsize SUV at -$30k. Subbing most production to Magna. The massive SUV market and price should translate into demand. Question is if Magna can build fast enough to fullfill the demand. Holding long to see what happens. [Reply]
Yes or no - Should I move some money out of FAANG stocks and into recovery stocks like restaurants, cruise lines, and retail?
I'm highly diversified so I've already got money in recovery stocks, but I'm wonder if tech's coming due for a beating and recovery stocks will have a run. [Reply]
