Founder at GenuineTrading.com

I have been in the market since 1981. I have set international records in option trading contests, lost a few fortunes (of my own) as well. I have written 6 articles for Futures Truth magazine, including 3 cover stories. I have also written about 25 articles for www.Futuresource.com as well as ... more

ALL CONTRIBUTIONS

Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
Chamath Palihapitiya, who was known as the SPAC King in 2020, "may" be ready to announce another deal.
Read
"WalkenTalking" On Gold And Silver
Mike Levin, aka "Walken Talking," goes Crazy for Gold and Silver through the $GLD and the $AGQ ETFs.
Watch

Comments

Latest Comments
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
2 months ago

Yes, I also like the SPAC $VYGG, story coming over the weekend. VERY speculative though..

In this article: IPOF
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
2 months ago

Speculative for sure, but you have to be in them Before a deal is announced, IF a deal will be announced.

In this article: IPOF
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
2 months ago

Remember, Grand Slams also come with strikeouts with the bases loaded. For me to list them all would be to tout that this one will be one of them. That said, for the helluvit the one I loved the most was $AIMT. They had a peanut allergy drug that the FDA approved and the stock was around $31-35 the day it happened. Nestle stepped up and bought 20% of the Co. for $31 in early 2020. Covid hit and many stocks got crushed and stayed there. Later in August the EU put out a report on how good the drug was as well as earlier in the Summer the FDA struck down a competitors drug attempt at peanut allergies. I said to myself "Here is $AIMT at $12.90 (Fri Aug 28th) and with no more potential competition as well as EU "loving" this drug, Nestle has got to step up and buy the rest of this Co." and I bought the Sep $15 calls for $.25  That Monday Nestle bought them out for $32.40 or so and I sold those calls for $19.10 roughly 71:1 payoff. I was shocked that I bought these calls on a Fri on a whim and the next trading day $AIMT was the #1 stock in the world for % gain. True story. I have MANY stories of the opposite as well, where I lost All, so these things do NOT happen often.  Best of luck.

In this article: IPOF
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
2 months ago

You're welcome, best of luck.

In this article: IPOF
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
2 months ago

If anyone wants to see/read my trading ideas on twitter my handle there is: www.twitter.com/prosperousguy. The name of my feed is We Trade Setups.

In this article: IPOF
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
2 months ago

Yes, "perhaps" as I do not know, only speculating on what he may do with my "risk" $.

In this article: IPOF
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
2 months ago

Plea deal? Explain please.

In this article: IPOF
1 to 7 of 7 comments

STOCKS I FOLLOW

AGEN Agenus Inc.
MEIP MEI Pharma, Inc.
MRNA Moderna, Inc.

TWEETS

PERSONAL BLOG

Latest Posts

Work Experience

Founder
GenuineTrading.com
November 2008 - Present (14 years)
I started Genuine Trading to further my consulting career as a knowledgeable person in automated trading systems, indicators and portfolio strategy of trading systems. I represent Accredited Investors (as well as others with a tolerance for risk) and institutions as well as manage the businesses of some of the top systems/indicator developers in the US.
Recruiter and Business Developer
Many Different Firms
January 1981 - November 2008 (28 years 3 months)
Became a broker, traded, ran trading firms, hired traders, trained traders, beta tested software and everything involved in trading. I have done this for over 30 years. I am well known in the Automated Systems area of alternative investments and deal with the owners of the top firms for Indicators as well. I give Genuine advice to people/firms without regard to whether I will make $ on the transaction or not. "Old School IS the New School."

Education

School of Hard Knocks
Expert, Psychology of Markets
1976 / 2008
I choose to educate myself rather than go to college. I went out on my own and worked and got experience and succeeded and failed over and over again. I've gotten much better at succeeding and learning from things when they didn't seem to go my way.
George Washington High School
1971 / 1976
Academic

Publications