Trading Ideas

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Trading Ideas

Wheels Up IPO: Stock Coming in $2.1 Billion SPAC Deal

February 2, 2021 admin Comments Off on Wheels Up IPO: Stock Coming in $2.1 Billion SPAC Deal

The Wheels Up IPO has investors talking. Afterall, Wheels Up stock could be the first of its kind of the market. And that means this could be the opportunity of a lifetime.
But is Wheels Up a good investment opportunity? Here’s what we know…
Wheels Up IPO: The Company

CEO Kenny Dichter founded Wheels Up in 2013. Wheels Up is a private aviation company headquartered in New York. Using a membership model, Wheels Up has an app to connect users with private flights. It has a fleet of owned, managed and third-party planes. The goal is to provide for a niche market and …read more […]

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Trading Ideas

What Is Going On With GameStop?

February 1, 2021 admin Comments Off on What Is Going On With GameStop?

Let’s get right to it…what is going on with GameStop? Unless you’re living under a rock, you’ve probably heard about the most recent stock market news surrounding GameStop. You might even know that it has to do with short squeezes or Reddit.
The main gist is that large hedge funds and other big dollar investors were bearish on GameStop (NYSE:GME), because they thought it was going out of business. So to make money off of that, they bet against or shorted GameStop. But now in comes the “new” investment crowd to flip the script. Millions of new young investors that have …read more […]