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Listen up, your grand pappy is going to tell you how to double your money (shares) or multiply your money (options) over the next few months. You see, there is this new company HYLN which completed its reverse merger (SPAC born) and ticker change on Friday. It’s set to “IPO” Monday (tomorrow) with the CEO of the company ringing the bell to open the NYSE. Later in the day, he will be live on FOX Business to discuss the company. Right now the front of the NYSE is being draped with a HYLN banner and one of their trucks parked up front for tomorrow.

I will lay it out for you in simplified bullet points below.

Why now is the time to invest.

HYLN was born from a SPAC (SHLL) and quickly became the king of SPACs due to many of the items listed above as it ran to ~$60. It has since been the victim of quite a few items that has deeply discounted it for currently $40. These include...

  • NKLA fallout. NKLA was an EV SPAC, so its fall hurt HYLN. There are many posts your can find on Reddit that describes the vast differences between the two. HYLN is on the far opposite end of the spectrum compared to NKLA. Without going in to major details...
  • HYLN actually has functional real world trucks!
  • HYLN CEO Thomas Healy is the exact opposite of the NKLA CEO. He even catches hate sometimes for not promoting his business ENOUGH and simply states he wants to focus on building his trucks!
  • HYLN has put together a serious TEAM of individuals to make this thing fly.

Other factors that have allowed for you to buy in at a discount...

  • SEC comments on SPACs a few weeks ago caused major SPAC selloff. Good news, this is not a SPAC anymore, its HYLN!
  • A victim of the current market conditions and selloff last few weeks.
  • The SHLL/HYLN merger vote had to be extended because one item vote regarding restructuring of their board did not pass. This caused nervous investors to sell. Again, this is no longer a SPAC and the merger is complete.
  • Many analysts and investors had projected $70-80 PT for SHLL/HYLN before the end of the year with some going as high as $100. I think a good comparison for HYLN is Cummins (CMI) (as opposed to other EV companies) which is currently trading at $210. With all of the crazy IPO mania, sky is the limit.

Friday’s Action

  • On Friday, stock screeners picked up massive bullish flow for HYLN. It was #7 in calls placed and had multiple big buyers as well as a ton of sweeps and blocks. Look it up.

Bottom line: Good company, formed a great team, doing things right, unique technology, hot sector, regulations help them, going to the moon.

Disclaimer: I’m am long HYLN shares and own weekly, monthly and leap options on HYLN.



Submitted October 04, 2020 at 10:48PM by Happocampus https://ift.tt/3npWFdJ

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