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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Feb 22, 2021 at 3:43 PM
    #9621
    scottstrong89

    scottstrong89 AhsokaTaco

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    D06BD591-166F-4F53-BDAB-9DF74F6F4A0A.jpg
     
  2. Feb 22, 2021 at 3:44 PM
    #9622
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Announced..
    https://www.benzinga.com/m-a/21/02/...urchill-capital-corp-iv#/.YDQ-5ek-RHw.twitter
     
    scottstrong89[QUOTED] likes this.
  3. Feb 22, 2021 at 3:47 PM
    #9623
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    Explain to my pea brain: Why are they tanking on merger news?
     
    916Crza likes this.
  4. Feb 22, 2021 at 3:51 PM
    #9624
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Because no matter what there are people who buy the rumor and sell the news...
    And there are people (me) who buy the dip...
     
    davidstacoma, Fohu and 98tacoma27 like this.
  5. Feb 22, 2021 at 3:58 PM
    #9625
    scottstrong89

    scottstrong89 AhsokaTaco

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    Maybe I'm just dumb money, in fact I know I am, but does it seem a little suspicious that this news came right after close today? Does that mean anything? I was just thinking about people in the company being in the know being able to sell off higher before the news dropped? Idk
     
    98tacoma27 and moto.mike like this.
  6. Feb 22, 2021 at 4:04 PM
    #9626
    moto.mike

    moto.mike Well-Known Member

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    this...they do this all the time...call it in AH...sellers will just unload and leave everyone holding the bag...
     
  7. Feb 22, 2021 at 4:10 PM
    #9627
    scottstrong89

    scottstrong89 AhsokaTaco

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    They're just playing the game I guess...
     
    98tacoma27 likes this.
  8. Feb 22, 2021 at 4:10 PM
    #9628
    moto.mike

    moto.mike Well-Known Member

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    it rode the high for a week...till merger announcement...hope you guys got out...
     
    ThunderCookies likes this.
  9. Feb 22, 2021 at 4:14 PM
    #9629
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    So is it really people who, say, in Jan heard a rumor, and then in Feb when the rumor comes to fruition they bail? Or is there a reason they're thinking "With this merger they will be worth less because X Y Z"??

    That's how announcements typically go. Earnings, stuff like this - they typically are released right after market hours. Not super sure about pharma and whatnot, I don't think they're as uniform I think they'll release test results and findings at random times.
     
  10. Feb 22, 2021 at 4:15 PM
    #9630
    scottstrong89

    scottstrong89 AhsokaTaco

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    Gotcha. Thanks for clarifying.
     
  11. Feb 22, 2021 at 4:15 PM
    #9631
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    I'm guessing they buy, hold for the run up and then dump...They maximize their profit and get out..I'm not in their heads...
    It could also be big money trying to nuke as many calls as possible by friday
     
  12. Feb 22, 2021 at 4:17 PM
    #9632
    moto.mike

    moto.mike Well-Known Member

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    yea...they've done it on a few of the other EV/SPAC mergers...nasty ...
     
  13. Feb 22, 2021 at 4:20 PM
    #9633
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    I'm glad I was able to clarify with my pea brain :rofl: yeah, there's just no "good" time to make an announcement like this. Market open, AH, closed, weekends - there's always a negative to why they wouldn't do it then. :notsure: not really worth overthinking it.

    Hmm could be. I was just curious if there was a reason and I just didn't know WTF was going on. Good point about the monies, AH trading is usually a lot more institutional and way less joe schmo like me. See: Kramer video.
     
    scottstrong89[QUOTED] likes this.
  14. Feb 22, 2021 at 4:22 PM
    #9634
    kairo

    kairo [OP] >_>

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    CCIV gonna nosedive hard tomorrow. It was way, way, wayyyy overvalued. Cat's outta the bag now.
     
  15. Feb 22, 2021 at 4:23 PM
    #9635
    rmorse

    rmorse Well-Known Member

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    Except GME.
     
    Last edited: Feb 22, 2021
  16. Feb 22, 2021 at 4:26 PM
    #9636
    Squatting Pigeon

    Squatting Pigeon Remember, bird watching goes both ways. Moderator

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    Dammit. I should’ve sold at $60
     
    98tacoma27 and Dirk Diggler like this.
  17. Feb 22, 2021 at 4:29 PM
    #9637
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    ORder In For MORE $CCIV @$40...
    Dat Dip..
    :duh:
     
  18. Feb 22, 2021 at 4:35 PM
    #9638
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    :duel:
     
  19. Feb 22, 2021 at 4:36 PM
    #9639
    moto.mike

    moto.mike Well-Known Member

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    dead cat bounce play?
     
  20. Feb 22, 2021 at 4:37 PM
    #9640
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    I dunno I'm gonna be in the corner eating glue and buying $F
     

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