SpiceySPACs

Trump Positive - Stocks Negative conservativedailynews.com Stocks Drop After Trump Announces Positive COVID Test - Conservative Daily News Jake Dima 2 minutes The U.S. stock market fell following President Donald Trump’s announcement that he and First Lady Melania Trump tested positive for coronavirus. NASDAQ Composite and S&P 500 declined 2% (234 points) and around 1.6% (55 points) respectively as of Friday morning, according to Fox Business . The Dow Jones Industrial Average also dropped 1.5% (412) points amid the news, Fox reported. “The news of President Trump contracting COVID-19 may completely change the direction of the campaign and adds to our already cautious outlook on the stock market,” CEO of Hercules Investments James McDonald told Reuters . The stock plunge comes after the Bureau of Labor and Statistics reported that 661,000 were added in September,

 Ugh -- NASDAQ listing bust... MarketWatch News   Hyliion Holdings Corp HYLN :NYSE Hyliion stock down more than 9% on trading debut MarketWatch 1:57 PM ET Shares of Hyliion Holdings Corp. (HYLN) fell more than 9% on Friday on their first day of trading on the New York Stock Exchange. Hyliion late Thursday said it completed the merger with blank-check company Tortoise Acquisition Corp. as announced in June, paving the way for trading. The deal gave Hyliion, a maker of electric powertrains for commercial trucks, about $560 million "to drive Hyliion's continued development and the commercialization of its Hybrid and Hypertruck ERX electrified powertrain solutions," the companies said. -Claudia Assis; 415-439-6400; AskNewswires@dowjones.com (END) Dow Jones Newswires October 02, 2020 13:57 ET (17:57 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.   Please do not r

Post Office Contract/InvestorPlace, Sept. 17, 2020 Impressive Gains Will Go On If Workhorse Seals $6B USPS Contract  https://investorplace.com/2020/09/impressive-gains-if-wkhs-seals-6b-usps-contract/  -----------------------------------------------------------------------------------------------------  Post Office Contract/Motley Fool Sept 3rd, 2016  Here Are the 6 Finalists for USPS' $6 Billion Truck Contract The iconic boxy truck that looks like it was built out of Legos is getting an overhaul. WorkHorse wasn't a finalist at this point -- they weren't even running! The bid end-date was later extended to let them in. https://www.fool.com/investing/2016/10/03/here-are-the-6-finalists-for-6-billion-usps-truck.aspx  -----------------------------------------------------------------------------------------------------

Current SHLL vote Monday!! 9/28/20 - NASDAQ could be QUICK 9/29-10/1 ALL SPACs were crashy crashy Wed-Thursday 23-24 Sept 2020     Some recovery Fri 25 Sept 2020     As of 12:31 PM      DPHC down -16.49% Oeuf!     PIC down -12.66% Yikes     PSTH down -3.19% Plenty of time     SHLL down -2.99% VOTE Monday/NSDQ SOON +++   NKLA BOMBSHELL -- 10:00 AM Trevor Milton OUT! Steps down as CFF. Amidst a major sell-off, DOW down over 2%, NASDAQ, S&P down 1.9%, NKLA falls 16%. Big Tech correction, Election Chaos?  DPHC - Diamond Peak Holdings/Lordstown +1.0% hits 52-week high SHLL - +2.50% IPOB - +2.50% PIC - +2.50% New SPACs (Sept. 21, 2020) PIC -XL Fleet IPOB - OpenDoor XXXX - ChargePoint SHLL - Tortoise i -- Hyliion : HYLN Sept 28 merger VOTE        NASDAQ listing TBA @ shareholder vote "shortly" as early as 9/30, could be 10/1, then 3-5 day run and OUT https://www.bloomberg.com/profile/company/1539146D:US The first offering from the company sold 23,300,918 shares at $10

  Actionable Trading Ideas, Real Time News, Financial Insight | Benzinga by  FreightWaves 6 min read AddThis Sharing Buttons → Click here to get Benzinga's options trade ideas. The ongoing fallout over  Nikola Corp.  (NASDAQ:  NKLA ) may create some concern about the willingness of investors to pour money into special purpose acquisition companies (SPACs) and weigh further on what has been a down year for initial public offerings (IPOs). The Phoenix-based designer and maker of battery- and hydrogen-electric vehicles and components finds itself in a tough position shortly after going public in June. The concern stems from a  short seller report  questioning the validity of the company's battery and hydrogen fuel cell claims, resulting in  the founder's resignation  on Monday. Shares of NKLA are off 35% since the report. Nikola has  disputed the claims . SPACs at a glance SPACs are essentially shell companies that don't produce a good or provide a service. Often referred

Que Es? Tontine Before Social Security and other retirement programs, tontines offered an opportunity for financial security. Their disuse in recent years has further propelled their mystique. They've been the subject of sitcoms and murder mysteries. Jeff got the idea from an old TV show to start one since he's distrustful of Social Security. But what exactly is a tontine, and are they even legal in today's world? Let's help Jeff understand exactly what he's potentially getting into. Definition A  tontine  is a financial scheme where a group of people invests a sum of money, with the  principal , or invested amount being returned to the last surviving investor. This investment is irrevocable; the money cannot be taken out again. An individual investor will receive interest or  dividends  from the tontine based on the investment's performance. As each investor dies, their shares or proportional ownership of the tontine are redistributed to the survivors. Thus, th