Aug. 10 at 11:30 AM
$CHEB $PLBL, this will be my top watch on monday! Here is why: 136 k float, fresh despac from
$CHEB! closed very strong at 10.95 in ah, near high of day which was 11.3! volume spiked in ah and this may be the reason: Goldman Sachs is invested, they have a stake of 3.1 %! may not be a high stake but it s the name that counts, Goldman Sachs is the biggest name in finance, that they invest in
$PLBL is a big deal, doesn t happen often that GS puts money into a spac-despac. there are now 29 institutional investors engaged in
$PLBL, holding 91 percent of the shares, that s a very high percentage and strong backing by big investors. as I pointed out yesterday, the last 2 despacs without rights were explosive runners,
$BGL 10 to 200 and
$NAMM 10 to 55! of course I am not saying that
$PLBL will do the same but those 2 show what is possible with low float despacs. with
$PLBL at 11 $ it s basically there where the others started the big moves!
Possible pm gapper tomorrow!
