cheap stocks
12-17-2020 | 03:43 PM
#231
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Joined: Jun 2005
Posts: 11,903
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I'd bet he is very involved with that, it was a stock swap/buyout but now as a NASDAQ stock it has liquidity. Closed at 15.71 today.......BFI is the symbol.
Opes Acquisition Corp. shareholders on Tuesday approved the purchase of BurgerFi for $100 million in cash and stock, sealing a deal that was first announced in June and making the better-burger brand a publicly traded company.
The new company, renamed BurgerFi International, Inc., will trade on The Nasdaq Stock Market under the ticker symbol BFI. BurgerFi will ring Nasdaq’s opening bell Thursday.
Nearly 100% of Opes’ stockholders approved the deal, the company said.
Opes Acquisition Corp. shareholders on Tuesday approved the purchase of BurgerFi for $100 million in cash and stock, sealing a deal that was first announced in June and making the better-burger brand a publicly traded company.
The new company, renamed BurgerFi International, Inc., will trade on The Nasdaq Stock Market under the ticker symbol BFI. BurgerFi will ring Nasdaq’s opening bell Thursday.
Nearly 100% of Opes’ stockholders approved the deal, the company said.
12-17-2020 | 03:52 PM
#232
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Posts: 4,817
Likes: 899
12-17-2020 | 07:16 PM
#233
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Joined: Aug 2014
Posts: 1,029
Likes: 225
From: Ohio
No idea on percentage, but I haven’t owned an individual stock in 15 years. I don’t have that kind of money or the time to pay attention to individual companies. It’s a lot easier in my opinion to pick a category that’s under valued and go with it. I’m sure I can look back and say I would have picked x company and made so much more money but at the time I probably would have bought the wrong company hahaha!
12-18-2020 | 06:34 AM
#234
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Joined: Mar 2002
Posts: 4,470
Likes: 2,107
From: Milton, Fla!
What he said 😉
QUOTE=tmmii;4769564]No idea on percentage, but I haven’t owned an individual stock in 15 years. I don’t have that kind of money or the time to pay attention to individual companies. It’s a lot easier in my opinion to pick a category that’s under valued and go with it. I’m sure I can look back and say I would have picked x company and made so much more money but at the time I probably would have bought the wrong company hahaha![/QUOTE]
QUOTE=tmmii;4769564]No idea on percentage, but I haven’t owned an individual stock in 15 years. I don’t have that kind of money or the time to pay attention to individual companies. It’s a lot easier in my opinion to pick a category that’s under valued and go with it. I’m sure I can look back and say I would have picked x company and made so much more money but at the time I probably would have bought the wrong company hahaha![/QUOTE]
12-18-2020 | 10:11 AM
#235
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Joined: Sep 2009
Posts: 285
Likes: 51
From: Livermore, Ca
Interesting story on the S&P inclusion of TSLA...Monday,Tuesday may be interesting for Mr Market.
https://www.zerohedge.com/markets/mo...t-happens-next
https://www.zerohedge.com/markets/mo...t-happens-next
12-18-2020 | 12:19 PM
#236
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Joined: Jun 2011
Posts: 2,169
Likes: 82
From: Henderson, KY
Most of my investments are in mutual funds - been solid 27 ~ 30+ percent returns for past 3 years or so. Very happy with the performance. I'm also with Fidelity (401k, Backdoor Roth, Individual account, IRA, etc). Our company just started allowing the Brokerage Link feature at Fidelity. It allows us to move up to half of your 401k investments and then invest in individual stocks. It has been good for me, as well.
I used to have an IT company and one of my clients was a financial planner for the very well to do. He showed me his methodology for investing in mutual funds due to their lower risk. I've tried to follow that and I don't think I've ever made less than 25% per year. Now that my company has their 401k with Fidelity I have access to anything I am doing much better, I should hit over 40% this year. Much lower risk and very steady growth. I've tried professional investment planners, they were terrible. They think if they make you 8% you should be grateful. I still say that MACGX is the one to get into, consistent long term growth and the dividends it just paid were huge. Morningstar rated it the top earning fund.
12-18-2020 | 01:24 PM
#238
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Joined: Oct 2010
Posts: 1,621
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From: Cheboygan, MI
12-18-2020 | 01:38 PM
#239
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Joined: Jul 2011
Posts: 5,175
Likes: 302
From: Clearwater, FL
Kicking my own ass as I bought Penn at $7.xx earlier this year but only a few hundred worth as really it was a crap shoot.
While I have done good it could have been amazing if I had more balls to dump more.
Also grabbed some BFI at open yesterday, see what happens there, def a hold and wait stock.
While I have done good it could have been amazing if I had more balls to dump more.
Also grabbed some BFI at open yesterday, see what happens there, def a hold and wait stock.
