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Started By
Message
Newsmax IPO up 735% Monday, another 179% Tuesday; down 77% Wednesday
Posted on 3/31/25 at 3:18 pm
Posted on 3/31/25 at 3:18 pm
Preferred shares are locked up for up to 45 days so there is very little liquidity in the popular conservative news company. Valuation now north of $7B on a media company trading at 43x revenue. 
This one will be interesting to watch as investors in the preferred stock get an opportunity for liquidity.
This one will be interesting to watch as investors in the preferred stock get an opportunity for liquidity.
This post was edited on 4/2/25 at 4:02 pm
9
Posted on 3/31/25 at 3:34 pm to slackster
How big can a bubble grow....
Posted on 3/31/25 at 6:12 pm to slackster
I thought about buying $10K this morning....and i chickened out!!!!
It will settle back down, but damn I hate myself right now.....
It will settle back down, but damn I hate myself right now.....
Posted on 3/31/25 at 7:35 pm to slackster
DWAC 2.0. Insane that this happened without the $10 backstop of the SPAC as a failsafe that DWAC had. And on a day where the market was down and small caps were getting crushed.
Posted on 3/31/25 at 9:48 pm to slackster
Posted on 3/31/25 at 9:49 pm to oldskule
quote:
I thought about buying $10K this morning....and i chickened out!!!!
It will settle back down, but damn I hate myself right now.....
i bought waaaaaaaaaaaaay more than that.
have to act when opportunity presents itself.
i made well into 5 figures profit before getting stopped out!
not bad for a few hours work trading
This post was edited on 3/31/25 at 10:08 pm
Posted on 4/1/25 at 7:19 am to Fat Bastard
quote:
have to act when opportunity presents itself.
What was your strategy?
Posted on 4/1/25 at 7:38 am to Fat Bastard
Good work
Posted on 4/1/25 at 8:30 am to Fat Bastard
crazy...its up another 50% premarket
Posted on 4/1/25 at 8:44 am to ATOlurker
It obviously will end poorly for a bunch of folks but always fascinating when it happens.
Posted on 4/1/25 at 8:55 am to slackster
I just wish they had some Put options available.
Posted on 4/1/25 at 9:13 am to slackster
kciking myself for not loading up yesterday morning when i saw it trending
Posted on 4/1/25 at 9:35 am to donRANDOMnumbers
Same 
Posted on 4/1/25 at 9:49 am to RLDSC FAN
this shite really touched $190+ this morning
Posted on 4/1/25 at 11:05 am to jefforize
f it i am back in again trading albeit carefully
had i not got stopped out the profits would be astronomical. we woulda hit 6 figures. it was still well into 5 figures yesterday alone.
had i not got stopped out the profits would be astronomical. we woulda hit 6 figures. it was still well into 5 figures yesterday alone.
This post was edited on 4/1/25 at 11:08 am
Posted on 4/1/25 at 11:10 am to Fat Bastard
i just was not losing all those profits yesterday so i am fine with getting stopped out. i guess i coulda held a smaller position but i did NOT expect it to do this again the next day
i am up again now today after starting all over again. basically playing with house money now
i am up again now today after starting all over again. basically playing with house money now
Posted on 4/1/25 at 11:17 am to Fat Bastard
ok stop losses set once again
see where this goes
see where this goes
Posted on 4/1/25 at 11:29 am to slackster
I will buy puts as soon as it’s available.
Posted on 4/1/25 at 12:24 pm to Fat Bastard
damn now up to 180 plus
up over 100 a share today
this is bonkers
up over 100 a share today
this is bonkers
Posted on 4/1/25 at 12:41 pm to Fat Bastard
Extreme future puts...
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