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BBIG Stock
Posted on 8/1/21 at 9:14 am
Posted on 8/1/21 at 9:14 am
Has anyone else recently took on a position with BBIG. For those who dont know, they recently merged with Zash and together own 80% of Lomotif. Also recently announced that stock owners will receive free stock of their spinoff company (emmersive I believe). Current price is only mid 3s with a 200 million mc... recent valuation of Lomotif was 5 billion
Posted on 8/1/21 at 9:54 am to cfsh233
Isn't there a question/concern with how much of the percentage BBIG will get vs the amount that ZASH will hold? Not sure just thought I remembered seeing it while browsing.
Posted on 8/1/21 at 10:39 am to GAFF
It came out in their filling last week that bbig will get 50% of the 80% that zash is acquiring.... so essentially 2 billion of the 5 billion valuation. They also said no additional dilution at this time. Seems very low risk high reward. One site even had a tp of $20
Posted on 8/1/21 at 10:13 pm to cfsh233
I have some. This all hinges on the $5B valuation being legit. But I think it’s a good risk reward at this point
Posted on 8/13/21 at 5:18 pm to Upperdecker
Bump. Vinco filed a notice of effectiveness today... have a hunch merger will be early next week, along with info on free immersive shares!
Also, its heavily shorted (around 50% per fintel) so it could really run next week...
Also, its heavily shorted (around 50% per fintel) so it could really run next week...
Posted on 8/16/21 at 10:49 am to cfsh233
It would be nice to have Reddit followers jump on board. Meeting tomorrow should shed light on the future.
Posted on 8/27/21 at 5:27 pm to LSUHog23
Mannnn.... yall could have taken notice... stock is up 100% since i posted this and can easily be 10+ on monday... not even factoring in spin off company shares....
Posted on 8/27/21 at 8:25 pm to cfsh233
I had some commons as well as some $4 calls. Good tip.
Posted on 8/28/21 at 6:10 am to cfsh233
Strong day and closed at high of day with catalyst highly likely for Monday morning - highly likely this thing rockets out the gates and goes fully parabolic Mon. If the $5B valuation is real, fair value is still around $35/share
Posted on 8/28/21 at 11:04 am to Upperdecker
Yep. Almost a gaurentee it rockets pm monday. Between the proxy and the sympathy play off SPRT, it can easily open double digits Monday.... just hope I have internet access with the storm lol
Posted on 8/28/21 at 11:06 am to cfsh233
Ohhhh and the best part is 27% is still shorted with no shares available to short at market close friday... so they're basically trapped at this point. Those that got in early may have a 10-15 bagger....
Posted on 8/31/21 at 8:22 am to cfsh233
Plummeting atm. I got in on this at $3 and am hoping it rally’s today. Still think there’s a good shot.
Posted on 9/1/21 at 10:26 am to FrancisCostello
Not a bad morning so far
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