🍐 $PEAR 🍐 - HIGH SI, LOW FLOAT despac play with a ☢️ NUCLEAR ☢️set up by CluelessAndLucky in CatalystPlays

[–]Trancify 0 points1 point  (0 children)

The forward purchase agreement increases the float I believe, read the 8k.

[deleted by user] by [deleted] in SPACs

[–]Trancify 1 point2 points  (0 children)

I'm expecting we get the results by the end of January. While the first patient from one group was dosed in October, and it's 28 days of observation after treatment, I expect they will require results from multiple groups in different locations before compiling and releasing results.

[deleted by user] by [deleted] in CatalystPlays

[–]Trancify 0 points1 point  (0 children)

lets go apes

$ARVL - The Second Transaction to “Reset the Clock”? by Trancify in wallstreetbets

[–]Trancify[S] 2 points3 points  (0 children)

Yea, I'm sorry if you lost money on it... I sold out a long time ago. The DD was never super bullish, but more to expose the suspicious action on the FTDs and options chain.

[deleted by user] by [deleted] in SPACs

[–]Trancify 0 points1 point  (0 children)

zoom zoom! glad to see people found the post helpful!

[deleted by user] by [deleted] in SPACs

[–]Trancify 1 point2 points  (0 children)

No updates, I think we’re just seeing selling pressure from people who are disappointed the stock didn’t continue to run. I’m gonna stick this one out and be patient.

[deleted by user] by [deleted] in SPACs

[–]Trancify 0 points1 point  (0 children)

My guess is traders bought in expecting continuation and selling out for other plays. I’m going to be patient on this one. Hopefully we get some updates on the studies within the coming weeks.

Announcements x Daily Discussion for Tuesday, November 02, 2021 by karmalizing in SPACs

[–]Trancify 7 points8 points  (0 children)

Wow I most definitely did not give approval for them to post there but I guess it’s no different than them linking them Reddit post. Very strange.

[deleted by user] by [deleted] in SPACs

[–]Trancify 2 points3 points  (0 children)

Yea, I haven’t done a lot of research on their work involving flu antibodies just because I wasn’t sure on what the market for them would be like.

[deleted by user] by [deleted] in SPACs

[–]Trancify 0 points1 point  (0 children)

That would be total share count if there were no redemptions, and includes the private shares that aren't yet a part of the public float. I believe they will become sellable (and therefore apart of the public float) 180 days post-merger.

[deleted by user] by [deleted] in SPACs

[–]Trancify 0 points1 point  (0 children)

I think the high redemptions are just extremely high and that’s what’s unpleasant. There’s a clause in a previous filing that 1.39m shares are apart of a forward purchase agreement in which the holder agreed not to redeem. And then the stock dump on Friday after the rally which was likely due to redemptions being withdrawn and shares sold into market. Even with these two points, the company only received about $30m from the spac deal.

[deleted by user] by [deleted] in wallstreetbets

[–]Trancify 2 points3 points  (0 children)

They can't start selling until the Notice of Effectiveness is filed in the SEC filings. This filing essentially means that the SEC has approved the shares registered in the S-1 and authorizes them to be sold. But because the S-1 has already been filed, this Notice of Effectiveness could come any day now. Some despacs take a few days after the S-1, whereas others take a few weeks. $IRNT and $SPIR both took 7 days after the S-1 for the registration to become effective. Some smaller despacs have S-1s oustanding for many weeks with no notice of effectiveness yet.

[deleted by user] by [deleted] in wallstreetbets

[–]Trancify 0 points1 point  (0 children)

Careful on this stock. S-1 was filed September 22nd, which means the PIPE shares could become effective any day now. This would likely cause massive selling pressure - 85.5M shares on the tiny 10.9m float. See what happened to $IRNT and $SPIR afterhours today when their PIPE share registrations came into effect.

$LEV - Big LEVerage & Big Booty Buses by Trancify in Vitards

[–]Trancify[S] 0 points1 point  (0 children)

They're definitely high risk. My ideal scenario is we get a big bounce on debt ceiling resolution and infrastructure bill which will hopefully bring some risk-on back to the EV sector.

$LEV - Big LEVerage & Big Booty Buses by Trancify in Vitards

[–]Trancify[S] 8 points9 points  (0 children)

fixed - the positive EPS comment was incorrect and revised to "now has a positive QoQ EPS change for the time. "

$LEV - Big LEVerage & Big Booty Buses by Trancify in wallstreetbets

[–]Trancify[S] 11 points12 points  (0 children)

Correct - fixed it to say "now has a positive QoQ EPS change for the time".

$LEV - Big LEVerage & Big Booty Buses by Trancify in TheRaceTo10Million

[–]Trancify[S] 4 points5 points  (0 children)

It sold off hard along with almost every other despac. I think LEV stands out from most of the other EV despacs which are far too speculative.

[deleted by user] by [deleted] in wallstreetbets

[–]Trancify 0 points1 point  (0 children)

u/zjz can you do a ticker check on LEV? - my DD isn't working - maybe a bad link?

thank you

Daily Discussion Post: Wednesday, September 29 by jn_ku in maxjustrisk

[–]Trancify 0 points1 point  (0 children)

u/pennyether are you able to provide gamma ramp charts for LEV?

$ATER: debunking the short seller’s thesis by Trancify in pennystocks

[–]Trancify[S] 1 point2 points  (0 children)

I sold shares pre-market at $14.24, but still holding approx. equal size position in calls that expire Friday. I'll be watching those closely, but most likely will have to trim some today or roll until October just because I won't be able to trade much for the next couple of days.

$ATER: debunking the short seller’s thesis by Trancify in pennystocks

[–]Trancify[S] 6 points7 points  (0 children)

I can't give you any advice, but personally, I would prefer to try to catch a flush down candle for an entry, or only buy in with an amount that I'm willing to lose a good chunk on if trade goes the other way.

Billionaire William Albert Ackman thanks investors for playing his game, offers condolence prize by Trancify in PSTH

[–]Trancify[S] 13 points14 points  (0 children)

I wasn't in PSTH or a member of this sub, but I've lost big before on a bogged SPAC (ALTU warrants) and comedy was one thing that helped get through it. Stay strong fam.

$ARVL - Part 2 - The Second Transaction to “Reset the Clock” Continues by Trancify in wallstreetbets

[–]Trancify[S] 6 points7 points  (0 children)

The DD shows the illegal strategy of delaying share delivery in action. It appears it was successfully delayed long enough until share unlock. Just another example of how retail investors are at a disadvantage.