- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
So CFVI wont go below $10?
Posted on 12/27/21 at 9:12 am
Posted on 12/27/21 at 9:12 am
Can someone explain this before I decide whether to invest?
Posted on 12/27/21 at 9:24 am to LChama
SPAC's have a redemption floor of ~$10 before merger. They can go down to the high $9's in extreme conditions, like ~$9.70ish. After merger, the redemption floor is removed and price can go to zero hypothetically. The merger is supposed to happen in Q2 2022 for CFVI and Rumble I think, so until that merger happens, ~$10 is the floor price, correct.
Posted on 12/27/21 at 9:49 am to GeneralLee
Thank you General. You think it has much upside being associated with dwac?
Posted on 12/27/21 at 9:56 am to LChama
I think if you were going to see a massive run, you would have already seen it earlier. Likely that the ~$15 mark it reached a few weeks ago was the high for some time. Post merger, it will likely go down to $5-7 like most SPAC's. But, if it dipped close to $10 in the near term, not a bad play to hope you could flip it for a quick 5-10% prior to merger. But do not hold this post merger as you'll lose lots of money, or at a minimum if you're a long term believer in Rumble, you can buy more shares at a cheaper price per share post merger.
Posted on 1/6/22 at 12:04 am to LChama
This is moving again. Next few weeks could be interesting. I'm in for a few thousand shares.
Posted on 2/7/22 at 10:20 am to ItSawGood
Fantastic move here. My load at $11 is sweet
Joe Rogan being offered $100M over 4 years to switch to Rumble with no censorship
Joe Rogan being offered $100M over 4 years to switch to Rumble with no censorship
This post was edited on 2/7/22 at 10:41 am
Posted on 2/7/22 at 10:57 am to Upperdecker
I bought some so it’s gonna go down
Do we think Joe does this
Do we think Joe does this
Posted on 2/7/22 at 12:24 pm to el Gaucho
Do I think Joe does this - probably not. But I think there’s so much smoke that this could blow up.
Also the stock is only 450M market cap right now and they’re offering 100M to Rogan, so shows they have some money to throw around
Also the stock is only 450M market cap right now and they’re offering 100M to Rogan, so shows they have some money to throw around
Posted on 2/7/22 at 1:50 pm to Upperdecker
They made it sound like 100m over 4 years not 100m per year like he’s getting now
Posted on 2/8/22 at 4:26 pm to Upperdecker
It did go up again today on pretty good volume FWIW.
Needless to say, no telling whether it continues upward or heads downward especially in this crazy market.
Needless to say, no telling whether it continues upward or heads downward especially in this crazy market.
Popular
Back to top
Follow TigerDroppings for LSU Football News