Maverick - 3 years ago
This one is going to be quite a ride this week. No pun intended. :)
Thoughts:
Thoughts:
- The current retail traders were expecting Proterra - as was I
- Had this rumor/leak come out during market hours, there would have been a big sell-off
- I saw others, including myself, do a total 180 on Canoo after troves of excellent research was posted over the weekend
- Reddit DD: reddit.com/r/SPACfeed/comments...
- Jay Leno DD: youtu.be/5FIViMSeigM
- I actually like this now
- The van things are ugly as hell, but there were photos posted of trucks and more information about the 'skateboard platform' which seems to be where the real play is here.
- Skateboard is an EV platform for really any vehicle to be put on top of it, not an actual skateboard
- I am only in the warrants, not the common
- I think warrants are going to move up in premarket over 2.00 to around 2.25
- Sell off at the open as those hoping for Proterra sell (they would sold either way on announcement) back below 2.00
- Roar back up to around 2.50 by EOD
- Trade sideways until an official announcement comes out from HCAC on a Definitive Agreement
- If Definitive Agreement on Canoo hits, I think the warrants could go to 4-5 that day or next
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