Galata Acquisition Corp
52 Week High
52 Week Low
7 Days Mentions
$ATER💎💎🚀🚀 Looking HELLA bullish btw, 4h and daily are primed 6.75 and off we go.Let the FOMO begi for a play to 7-7.45 range.💎💎🚀🚀..And after that the sky is the Limit💎💎🚀🚀.All that you need to know Shorts haven't covered a single share. PATIENCE IS THE KEY🗝️🗝️GLTA 🙏🏻🙏🏻🙏🏻
$NILE 🔥 Impressive 10K filed with big revs and nice PT above $6. Waiting for reversal, .72 break, .80 break, then $1 retest. Once it breaks $1 level it cld move to the 200DMA quickly at $1.73💎💎🚀🚀 PATIENCE IS THE KEY🗝️ AT THE RESISTANCE LINE Bit more ASK smashing an we´re off GLTA 🙏🏻🙏🏻🙏🏻
Drunk on the clock. I hate everything about my stupid ass self. Lost alot on options since mid 2021 and keep repeating thinking it will be a different outcome. I'm a fucking idiot. This is much of a shitpost as it will get. Just want to wish everybody a nice day and hope your life isnt shit. GLTA
**BBIG**282k shares and HOLDING! DID NOT sell yesterday so sure AF wasn't going to sell today 🤷🏽♂️ I'm so underwater but don't gaf, I'm holding till whenever! I got time (sorta 🥴) I'm not saying this is definitely going to $40 or $50 but $10 shouldn't be a problem so easy 2-3x... GLTA
Increased my position in BBIG to 231k shares, had 247k at one point today but regrettably sold a few. Not selling anymore... time to HODL 👍🏽 Made $130k on Friday but I missed out on a lot more if I had just bought and held instead of "taking profits" along the way. Oh well... GLTA This is THE play!
Hoping for stabilization and buying volume to come back on Monday 🙏🏽Everyone has their own plays and there will always be 150 different tickers being promoted so go with what YOU think is best for YOU! I've committed to PPSI & LGVN and feel pretty good about both... GLTA
$PROG 🐸 this goes to show Athyrium were short. No buyout here - god knows how this will go but you won’t have bankruptcy pulled randomly that’s for sure only dilution to fund the business 😅 GLTA am rooting for everyone to get a gamma. This is not trading off it’s business - it’s trading as a meme.
I’ve definitely underestimated plays. Right entry point just assume they’ll get diluted: $PROG (Entry: $1.20) $UPH (Entry: $1.73) both could continue GLTA in them. $CSPR and $GRNQ went up 100% overnight. $TALK will be a double overnight as well. $SDC is a good long. $WISH and $PSFE buys around $2-3.
I’ll be back EOY - holding $SDC and $PSFE LT - this is how I see this going: $4s to $10s to $30s on both. Not touching anything else. Markets a SHITSHOW. Jumping is how you get fucked. Institutions have loaded SDC and PSFE - heavily sooo should be solid LT bets on both. GLTA 😅
Patiently sitting on 9K shares myself. Can’t wait to see what happens. Any buyout would be north of $85 (the secondary offering from last year), but I think $75B is what it would take. This puts PARA right in the ballpark of where DIS bought out Fox ($71B). GLTA.
My personal life and financial problems are improving but yeah I’ll be banned for a week from the lost banbet so it’s ok, I’ll be back soon enough to piss off the apes, shitpost and speculate with all the other degenerates here. GLTA and may your trades print some nice Tendies. 😘
The loss porn is going to be incredible for the next 6-12 months. Almost everybody on WSB started trading within the past 2 years and only knows Buy The Dip and Diamond Hand Crypto is all worthless speculative assets Pain is gonna be unbelievable, glad I covered up in March. 🙏 GLTA
Yes. In an attempt to try to understand this vehicle, which admittedly was a bizarre way to enter 'investing,' my learning curve was high. I went full historical in my efforts to comprehend the nature of this specific vehicle. I am now (wishfully) thinking that being able to reconstruct an historically informed idea of pre-euphoria days is the antidote to FUD, and the historical (purist) nature of SPACS contains a modicum of hopium. A smarter player than me would be making a spreadsheet with pre-euphoria correlates to current prices. Alas, all I have come up with on the fly is under 20 cents is probably a good deal. And anecdotally, while Kazakhstan was in shambles, I bought TUGCW at .18 cents-- seemed madcap, perilous, reckless and beyond treacherous at the time. Sold as they timed their merger in the worst moment of SPACS to get to house money free ride. My minnows' portion of 1600, riding for free, warrants are the only green things in my port, even as the coin experiences chaos and some SPACS devolve to 94% of their ATH. SMH. Shrugs shoulders. Also, I am simultaneously delighted and chapped that my first big capitulation--ZNTEW seems to have held up in a shitstorm of an environment. Too bad I bought close to four in the heyday and emotionally didn't understand capitulation. Nothing is certain, but we can all learn. It's for sure a mixed bag. Also, the only reason I have so much cash (85%) is because I wanted to have earnest money liquid for a house buy. Shrugs shoulders. Didn't get a house, but was saved from my own folly on another level. GLTA! Follow your instincts and know that nobody can time this shit.
I want to believe Redbox is going to get squeezed for the shit that got pulled yesterday. Drops to $1.91 from $5.60 pre market, shoots back up(halted 4 times on the way) opens above $5.60 then nosedives. Ortex would indicate the CTB is some insane number like 750%…unlikely but with enough retail Pressure on shorts to cover price has already shown how insanely fast it can climb. The CSSE buyout looks a lot like a planned catalyst now…hope it’s payback time GLTA it’s a bloodbath out there
Interesting. Thanks. I am still on the sidelines and will probably pay a pretty premium. But I’m also pretty sure what you are targeting and what I am targeting are some very different things. I think my excruciating risk tolerance and penchant for high risk technology and growth will be safe for a (greater bludgeoning in the days and weeks anticipated) while I appreciate your jumping back in. GLTA 💪
Hey guys, hang in there. Tomorrow is another day and you don’t have to make any sudden moves. I am back to writing everything down on legal pads and tracking stuff to bide time and do research so I don’t get too worked up hour by hour. GLTA. Neither the good nor the bad last forever. At what price does stuff get delisted? Asking for a friend. 😅😁
>which I already accepted that is most likely the case. This is the key to holding if one's Cost Basis isn't grim. Take for example a $19K yolo into ZNTEW (pure folly but it was at the height and I did it with CCIV gains) in which the sub repeatedly told me to capitulate. they were right. I lost an additional 10K because I wavered and got sad. However, I think I entered at like 3.79!!! Laugh, it is ok! Those were the days. My first massive capitulation was great! Why? Because it taught me a great deal. Elsewhere, I am not capitulating on certain things because I have such a baby entry point C/B. And, call me crazy, but I loaded a little ZNTEW and will add when it shits the bed. Prolly around .50. Imagine the euphoria when warrants were $3+ pre-DA!! We were forged in fire. Just hang in there buddies! Keep the cash, the NAV, and the less than . 50 cent warrants if you are not playing a hundred thousand dollars worth of said warrants and wait it out until (unfortunately) November/December. Don't make any sudden moves except to enter shit at a small (relative) tranche or dive out of something you entered way too high. It is OK to admit you entered way too high. I specifically mentioned my ZNTEW entry point to both incur the wrath of folks who would think I was stupid and to tell folks in holding mode that anything over a buck pre-DA is pure folly for a year. Hang in there. Your money can still work for you. The time horizon is changed. The losses should be clinically and surgically removed if you are too high on C/B. GLTA!
Bonds with longer maturity dates will get whacked hard in this rising rate environment, I would stay away from those. The problem with many bond mutual funds is that they own many longer bonds which will be getting crushed, Fidelity total bond fund is down 10% YTD. Imagine buying that thinking you bought bonds for safety. Growth stocks have hammered too YTD. We are in a new era compared to what we have experienced the past 40 years. Commodity stocks and low PE stocks GLTA
I am watching the low float redemptions because it is fascinating and interesting. I am not a good enough trader to do that, but I have learned from watching it play out as an important tool and meta strategy. I am just curious if anyone else thinks it is getting tougher to time and with only a few last month if there will have to be a creative opportunity for yet another Meta. What that would look like I am not sure. It is also weird how many low floaters seem to be gifts that keep on giving over time as the options flow waxes and wanes. I was under the impression that they were one time smash and grabs, but some expert players keep it going longer than I thought possibly over a few cycles. Anyway, even though I am not in them, I still find them interesting. GLTA and have a Good Friday.
Watch 161 on AAPL. Above 161, she could touch 164. She will hit 144 below 155. Above 2,500 AMZN could be range bound. Below 2,500 she could touch 2300. Watch 2250 as below that she could hit 1950. Watch 4200 on the S&P. Above 4200, she could hit 4450. Below 4200, she will test 3850. Watch the Nasdaq. She could test further downside. GLTA.
Rock on! But maybe make it basic. Thi SC little gal TUGC had both w he at lookk k x like a good set up and and dimensions of extra weight risk. GLTA but please advise on risk if you decided to go bull 72 hours… I mean I am well aware of your position and twitter pressure but hereby excepted r/spacs knowledge knowing you just enter your position in last days should be duly noted.!love ya for always being contrary on my position but I am sad when spaclings get fucked. Good luck buddy
Thanks for clarification long day at work. So didn’t read too carefully but did listen to State Department details that were parallel on my drive to work. Ya I was using name Sharist before on the sub and decided to delete cause I got hassled and emotional about DNA. CCIV was my first huge Spacs win. GLTA!
Go for it buddy this poor is only in warrants, but I'm a loyal believer and rode it through everything. May all you shit print. I'm not leaving. No downvotes here. Every poor got their strategy. Mine is following the SEC filings. lol. These boys don't fart around. Just be sure you know the history of how thinly this baby was traded. Ain't nobody leaving but scared cats and at r/SPACS we are tight bunch who don't scare easy, nor do the whales on the sub advertise their holdings. I'm a minnow in warrants, so it won't impact your squeeze, but the fact is, over the course of months, some whales have divulged in a nano second here or there they are holding commons, that!, combined with the conviction and structure of the SAI folks, themselves, means you should proceed with caution. This is not an obvious play where it has the same mechanics as other pump and dumps. I wish the best for you, but don't want a ticker I believe to be victim of yet more shit and salt. It is not a straight forward squeeze. Just be safe buddy, GLTA!
Yes, there may be an "over-sold bounce" but I'm more of a value-oriented investor, as far as Market-direction is concerned, and I don't think we realize how un-prepared we are as a consumer nation, and Gov, to shoulder rates as high as they need to go to ward-off inflation. We even run the risk of a Gov default if things get too wacky simply bc our gargantuan debt-build-up of these last x10-years, is too massive to finance with rates shooting up too high, too fast. In short, it wouldn't take much for things to get "systemic" and for another 2008 moment to happen (I know you say we are experiencing a 2008 like sell-off right now, but not really!),...we haven't gotten to the get-out-at-all-cost level that Markets can sometimes crash.... I'm looking for a once-in-a-decade like event, that happens in the Markets and I don't think we are near there yet. You'll know it when we get repeated circuit-breaker shut-downs, and CNBC runs "Market's In Turmoil" special broadcast nightly...and imo, we are no where near that level now. I would even prepare for a war and depression-like scenario. Yes, I know, extreme, and I pray to God we don't go there, but all the ingredients are there for such to happen---massive worldwide inflation, changing world order (China's rise) and Russia's invasion of Ukraine, with China threatening over Taiwan. We'll see, we'll see, and we'll see...but I would at least preapare for the worst, and if we don't go there, praise Jha! GLTA!
Havent been on SPACs in a long time. Recognize a lot of usernames. Glad to see the community is holding strong. Surprised so many have stayed through this carnage. That said, I really think some of the De-spacs over the last year are really great opportunities at these levels. Not here to stay around. Found it was better for my mental health to buy high personal conviction names, hold, and pretty much only read SEC filings and staying off of reddit. I know days like this are rough. Just wanted to stop by and remind everyone it will get better eventually. Not for all stocks, but the quality companies will be fine in the long term. GLTA!
Do you arb this every month? What is periodicity? Weekly, or monthly? I am learning by observing. Not in the play, but watch y'all making money hand over fist on these pumps. Just trying to understand the strategy, even if I am a vanilla minnow player due to newb ignorance. Also, saw your comment that you had some admiration for Ackman, was also looking to learn from that. Care to elaborate? I am always trying to remove emotion and go for logic, get better at the game. Between you and not that kind kind of doctor, I always get schooled on my logical fallacies or grave mistakes. Cheers. Hope your IPOF works out today. GLTA!
IDK where but my broker is listing my average cost for $ATER incorrectly. Like off by $2 incorrect. I think either technical glitch or (if I tin hat) trying to trick me into selling like if I think I made more profit than I actually have, maybe I will sell. I already learned the paper hands lesson the hard way with this one. Also noticed like a three minute halt on trading for $SEV when it was way up. Hold if you can, take profits if you need them, but weird shit is happening for sure probably just everyday market strategy though, as much as I love the tin hat. GLTA.
Whelp, my Kazakh bitcoin miners are coming in surprisingly well and up about 75% on my UTAAW but I’m sad in my SABSW yolo. To be honest you haven’t missed much. Slow going and no big traffic. Unless you are options traders on low floats or long holdings set and forget. Miss the action but always grateful for job activities and projects at work. Funny that my work projects take minimum 2 years to come to fruition and I get chapped if I hold a warrant position for more than 30 days. Good to see you buddy. GLTA
Bought SOFI and collected 200% on 10c two weeks ago. Wrote some covered calls but the loan deadline extension killed my 4/14 10c.. I'm hoping for some fuckery to get rid of them this week but theta will most likely kill me. Holding on to UXVY, SPXU, and SQQQ calls as insurance. So given my luck, this week will be a fair trading week and keep my portfolio down 10% from last week. GLTA
Time for an update from a sober 30 year MM , voice of reason! (At least I think so) Firstly, the theories on short term trading as relates to lock up, registration, squeeze are completely secondary to my interest here, though highly entertaining. All I really care about is fundamentals, which I think are outstanding! SST( which has raised and beaten all guidance) is using 174m for 2022 and can grow that organically at 30%, which equates to nearly 400m in 2025 EBITDA. That doesn’t include acquisitions of websites, which could add significantly and the track record here is A+! A few points of great interest to me. Employees LOVE working at this company and are brilliant ! Startpage is BLOWING UP! It’s a great privacy protected way to search, better than DuckDuckGo,(uses Goog vs MSFt and more private) Very hot valuable property(1B?) Michael Blend is awesome! He’s loved by all( check employee reviews) and a pioneer in digital customer acquisition and Bill Foleys a proven winner! I believe in the programmatic world SST has a rare edge and is best in class. M. Blend has said “ I believe when it comes to buying and selling ads, we’re the best on the planet” and after much deep DD , I agree!! So 31the big question is, what’s it worth?? Well, there really aren’t any ideal “comps” to benchmark SST against but TTGT is arguably closest, though I and analysts expect it to grow much slower. I would argue 20X forward Ebitda(less debt), TTD is 50X , yet grows slower with nowhere near the “moat” of SST, which gives me 1-2-3 year price targets $31.50, $42.50 and $57.50 GLTA!
Agreed, I will wait, been in BBIG since SEPT, not going to sell until I realize gains. Long term company has potential, short term its hard to say were it will go once TYDE and other finalizations of merger come out. Will people take max profits or hold for TYDE distribution? We are trusting that it will go up and stay up in price. This one has alot of moving parts, GLTA
Everyone needs to take a deep breath and zoom out their charts. The weekly MACD is still trending bullish for TLRY. This is a healthy pullback after the large move up recently. Potential catalysts include earnings report tomorrow and looming legalization in both USA and Germany. The dominos are just starting to fall. If there is any significant news or progress announced we will see how fast FOMO starts to kick in. GLTA.
I sold this when it hit 100% today. GLTA but this was a quick 20 minute trade for me, and I'm moving on for now. I prefer to get in and out quick and do something else the rest of the day instead of looking at a chart all day.
Don't see VEON running back to its 1.5$ price anytime soon. Many institutional holdings sold off their positions on the first sell off. Tradeable shares significantly increased during the first sell off. There will be a lot of investors taking their gains on the way up. I got out on the first pump at .60 after buying in at .25. GLTA
Ditto. My 2 largest positions in my entire portfolio. GLTA all Cresco & Columbia Care investors. Hopefully they will both see an solid upward movement. I have to say this brings back memories of the Origin Labs aquistion. I did not make out with much of a profit off my Origin shares when the deal closed. But long term I believe it made Cresco a larger beast of a company. This upcoming merger will be a much better move for both companies than the Origin scenario. Now let's open up NY state to rec and see these 2 amazing MSOs fly!
MULLEN is a BOMBER!!!! $25 First target... Could be way more, but we'll see.... Today three more short squeeze veterans appeared to start another BIG SHOW.... Sundial SNDL, AMC, and GME!!! Absolutely synchronously!!!! I should have taken AMC and GME too, but out of gun powder... All in Mullen and Sundial.... GLTA, 😆
Does everyone realize that the "Israel Dividend Tax" is fully refunded, on a dollar-for-dollar basis, by filing Form 1116 with the IRS? This withholding should not be a consequence in your investment decision. Does everyone realize that this is not a special dividend but simply a quarterly dividend? ZIM is a beast of a cash cow and, during their first two dividend payments last year (5% instead of 20% - but still significant) their stock closed up 2%-3% on ex-div date and kept climbing. Just check Yahoo Finance historical prices. There is so much hype about this Israel tax that people are trying to "avoid the dividend" buy selling their shares prior to Tuesday and trying to "buy them back cheaper" on the ex-div date. This is crazy and dangerous. The exchange automatically adjusts the "Open" price to reduce the full dividend payment on ex-div date. But, the market decides the price. The stock will close wherever the bid and ask line meet. The biggest risk of this stock falling is that it has attracted so many retail investors that may freak out and panic sell on Tuesday. The open short interest in this stock is up over 100%. There will be a lot of buying and selling pressure on this stock on Tuesday. Expect volatility. Exercise patience. It will be rewarded. Take the 20% payment, ride the stock up to $125 by the end of the year, take the next four dividend payments (forecasted to be $3.50, $4.50, $7 and $18 - $33 in total) and be happy getting rich. You could literally buy this stock at $85 on Monday and rest assured that you'll be getting paid out $50 in dividends on it (an almost 60% yield) in the next 12 months and participate in the upside appreciation of this monster. If the stock meets analyst expectations (which is has always beaten) you'll have shares priced at $125 that you paid $85 for and you've already been paid $50 in dividends for holding for a year. Your profit will already be $5 per share and you'll still have all of your stock for free. Taking risk in a stock and then trying to avoid being paid a dividend is like working at a job all week and than trying to quit and hide during payday. It's just nuts. If you're worried about the price at ex-div date, research Dividend Irrelevance Theory. It's been proven wrong over and over again. Dividends are good for investors and healthy for a stock. They have a mid to long term positive influence on share price. GLTA!
The current progress with Mullen automotive speaks for itself. I will keep a close eye on things considering his past, but as of now the actions and progress of the company speaks for itself. Maybe through his failures he’s learned how to do it right. I know my past failures have helped me better myself. GLTA!
There are plenty of low floats, but you should be in a discord for that. Those moves are not published here as much. You could start here: [https://www.reddit.com/r/SqueezePlays/](https://www.reddit.com/r/SqueezePlays/) and find an entree. Nonetheless, I would be remiss if I didn't overtly state that low floats are inherently easy to manipulate. Even if not framed as a traditional low float play- you have SNAX and SABS as examples of this. Always watch the float and the volume. Momentum plays on low floats are also moved by folks on twitter more so than here, although they converge in a venn diagram. GLTA. I'd be wary of any low float squeeze here on r/SPACs as by the time it gets here, the bets have been made and the insiders are controlling the outcome. You could theoretically ride a wave, or you could be what they are hoping to exploit. ;D
Secondary sanctions to China if they interfere with Russian sanctions is 100% NOT priced in. Contagion fears of who’s holding Russian debt via credit default swaps is 100% NOT priced in even though most major US banks are near 52 weak lows. This isn’t a Diamond hand environment for 99.9% of stocks. GLTA
My fellow SPACulators, times are hard, this is true. I hope you can find some positive things to hold on to while you wait out the lull in good catalysts for your holdings. Quad witching should be interesting this month and many players are still able to navigate options flow to garner some profits or make a play to move sideways in the port, offsetting paper losses on long holds. There is still a great deal of hopium to be had for certain tickers. Even those that have been shorted into oblivion will have earnings and quad witching coincide this month, so there will be some gains to be had as folks cover. Over the weekend I watched Michael Saylor on Bloomberg TV, and he spoke of how many quarters he had been in business, not years, but quarters. It was an inspiring interview. Worth a watch. Go out and get some inspiration and lay off the doom scrolling. Even though the sub suffers some ruthless downvoting, players are still here lurking and licking their wounds. You are not alone. Nothing lasts forever, both the good and the bad. Sending some good wishes and a call to look ahead to the quad witch to prepare for some good action. GLTA! Hang in there.
Tesla's value is about to sink exponentially. Tesla's value is mostly in their artificial intelligence, but Volvo is about to bring out a true self driving vehicle that uses Lidar (as well as a bunch of cameras and radar) that will revolutionize self driving. GLTA!!!
Public Service Announcement: There is evidence Russia May cut itself off from the internet, which, by itself, is no big deal. However, I think it is likely that Russia may be taking these steps in preparation for cutting undersea cables. This may significantly impact the speed of transactions over the web. My suggestion is that starting Thursday (March 10) factor in a 10% chance of being stuck in a position for 3-5 days. For r/investing I figure there is probably less risk than say r/wallstreetbets, but I think it’s worth sharing. GLTA https://mobile.twitter.com/Doodlidoodd/status/1500554207895724043?s=20&t=bXUM_Fx0hGIridnigRqg4Q
The recent and severe market-wide disruptions in commodities and international relations could spell significant struggles for the broader overall markets. If the s&p corrects 20% from this point, at which point it would still be very richly valued, would the beaten down growth and weed stocks hold up? My main holding ($VFF) has dropped nearly 80% since it was $20 in february. Other companies, including top-tier MSOS have had similar experinces. While confident in the long term this could get even uglier. I hope bulls don't lose confidence. GLTA