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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Feb 12, 2021 at 4:48 AM
    #8081
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    Screenshot_20210212-072816_Chrome.jpg
    I did buy LIACF through TD yesterday at no commission. If you go through thinkorswim you get a commission charge.

    Screenshot_20210212-072816_Chrome.jpg
    Screenshot_20210212-072958_TD Ameritrade Mobile.jpg

    As I read this section...

    ...am I correct in saying that if I have 100 shares of PLUUF that at the time of the merger, each share will be equivalent to 0.29 shares of LIACF? So 100 x 0.29 = 29 shares? Or does that pertain to just how LIACF is going to obtain PLUUF's outstanding shares and has nothing to do with the individual shareholder.

    I'm just trying to understand this process...
     
  2. Feb 12, 2021 at 4:50 AM
    #8082
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    So I see a lot of confusion here I think some shares trade on the Toronto Stock exchange and some on the American stock exchange and depending upon which symbol you buy under you get different shares and different costs. They are shares of the same company but are represented in different denominations some in Canadian dollars some in US dollars. For some brokerages the Canadian stocks might charge international fees so make sure you’re buying the shares that are traded on the American stock exchange if possible.
     
    98tacoma27 likes this.
  3. Feb 12, 2021 at 5:02 AM
    #8083
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    In the case of the section following the one I quoted above...

    Is this what pertains to the individual shareholder? If I purchase the PLUUF, will it automatically convert to LIACF at the finalization of the merger plus the shareholder gets the warrant to purchase the 1 additional share of LIACF at the locked in price of $3.00?
     
  4. Feb 12, 2021 at 5:05 AM
    #8084
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Also just thinking out loud here the exchange was based upon the average share price is leading up to February 5 current share price. The ratio is fixed now at 0.29. So what you should actually do is set a trailing stop loss on your PLUUF based upon the share price of LIACF. You would also want to sell PLUUF if it becomes worth more than the exchange rate versus LIACF. So basically right now your formula is LIACF = (PLUUF/.29) if you bought PLUF at $.73 today based upon in LIACF price of $3.15 or so...You’re in the free money as long as LIACF is trading above $2.52 not including warrants. Once PLUUF is trading over $0.9135 it’s overpriced vs the exchange ($0.9135/0.29)=$3.15
    Again this is not factoring in the additional warrants to buy at three dollars
     
  5. Feb 12, 2021 at 5:08 AM
    #8085
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    We’ve got another angry market today
     
  6. Feb 12, 2021 at 5:09 AM
    #8086
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    It's OTC so no trailing stop.
     
  7. Feb 12, 2021 at 5:10 AM
    #8087
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    *dislike
     
    Dirk Diggler likes this.
  8. Feb 12, 2021 at 5:26 AM
    #8088
    scottstrong89

    scottstrong89 AhsokaTaco

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    Cryptos popping off! My ALGO is up 20%, ATOM 27%, and REN 10%
     
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  9. Feb 12, 2021 at 5:31 AM
    #8089
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Yeah you’ll just have to set a price alert or something in the app..Or just watch it for a quick spike for drop in price that makes the trade more or less attractive
     
    98tacoma27[QUOTED] likes this.
  10. Feb 12, 2021 at 5:33 AM
    #8090
    Sandman614

    Sandman614 Ex-Snarky TWSS elf, Travis #hotsavannahdotcom

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    ETrade don't care, APP or website they want their money.

    Fidelity don't care they got new customers so the old ones can suck it. Still haven't finished linking my account, error..
     
  11. Feb 12, 2021 at 6:02 AM
    #8091
    ThunderCookies

    ThunderCookies This is the Wait

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    WeBull finally cleared my initial deposit. I got 4 free stocks for signing up and making an initial deposit. The first two were $GNW but today I just got a $ADT and a $F. Not too bad. Almost makes up for what I'm down on weed stocks right now :bananadead:

    Edit: nvm I checked again. $SNDL is killing me :rasta:
     
  12. Feb 12, 2021 at 6:10 AM
    #8092
    scottstrong89

    scottstrong89 AhsokaTaco

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    And the pot is burning!
     
    98tacoma27 and Dirk Diggler like this.
  13. Feb 12, 2021 at 6:13 AM
    #8093
    Dirk Diggler

    Dirk Diggler Under the Stun Gun

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  14. Feb 12, 2021 at 6:14 AM
    #8094
    Sandman614

    Sandman614 Ex-Snarky TWSS elf, Travis #hotsavannahdotcom

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    I got the same ones and then bought F
     
  15. Feb 12, 2021 at 6:22 AM
    #8095
    chigolf

    chigolf Well-Known Member

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    :rasta::rocket: But not today
     
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  16. Feb 12, 2021 at 6:24 AM
    #8096
    slcsez2000

    slcsez2000 Well-Known Member

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    Pump and dumps are strooong lol
    Guys be careful!
     
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  17. Feb 12, 2021 at 6:36 AM
    #8097
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    You see $LIACF is down $0.25 right now...So the $PLUUF discount is shares below $0.84 right now...So I'm wondering if we're going to see $LIACF trend down to about $2.58 if $PLUUF remains flat...
     
  18. Feb 12, 2021 at 6:49 AM
    #8098
    Sandman614

    Sandman614 Ex-Snarky TWSS elf, Travis #hotsavannahdotcom

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    Wellll chit... I guess buy the dip and your welcome... I set 3.13 limit and didn't get to cancel in time... It did execute at 3.01 though.

    I should have done 2.80 like i thought about doing... but then it would have climbed lol
     
  19. Feb 12, 2021 at 6:49 AM
    #8099
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Ok...
    So fidelity charges some sort of indeterminate exchange fee for buying Canadian stocks...TD does not..
    [​IMG]
     
  20. Feb 12, 2021 at 6:51 AM
    #8100
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    WTF...My math says it's on sale bigtime...
    [​IMG]
     
    not_nick and theesotericone like this.

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