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Mr. Blue

01/09/2021 03:56

$LM Funding This company, LM Funding (LMFA) filed to create its own blank check company, LM Acquisition, which wants to bring a fintech company public. Fintech companies are on fire. This new blank check company is not currently trading yet, so of course the price would rise for LMFA. As a bonus, once the offering in consumated, this company, LMFA, will own 20% of the issued and outstanding stock belonging to LM Acquisition. So yes, the price *should* be higher than it is now by Monday pm. Once LM Acquisition merges with the Fintech company of its choice after raising $75M, this company, LMFA, will own 20% of its stock... depending on how well the merger goes, and how “hot” the fintech company is, LMFA *should* rise even more. That’s the best way I can explain it.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(9)

Deedles01/09/2021 17:27
great DD thank you

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jay01/09/2021 16:06
thankyou for your Dd,
I simply followed volume..
and huge volume don't lie...

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Metascript01/09/2021 14:40
So yeah LMFA should be 20% of the market cap. RN LMAO we know lmao and 10 a share so lmfa should be 2

Noahk01/10/2021 01:40

Thats not how market cap works bud

Kpc***com01/09/2021 15:11

Thanks Mr. Blue. Also, the $2+ x shares of new company + currenct value of LMFA—-not just $2.

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SIEGE01/09/2021 12:47
So awesome man! So basically what your saying is that this ticker will stay LMFA and they will make a new ticker LMAO That will be aquired by a fintch company? This isnt a garunteed $10 stock but it should go up quite a bit...

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c92101/09/2021 05:27
bought in at 1.50 but with unsettled funds. I'm worried I won't be able to make a sale on Monday cause GFV. Help me?

Mhammer33301/10/2021 01:19

Take the gfv webull gives you like 5 strikes and then only settled funds.

Stonkstreet Investor01/09/2021 16:03

I'm accidentally in the trading only with settled funds boat and can't complain too much. it is now impossibly to get a GFV on a cash account and I am able to day trade with all the settled funds only then I wait for the funds to settle.

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JAMAR1TR8DR01/09/2021 04:22
awesome DD! thank you for taking the time to share...seems like I'm getting in on the second floor but from what I just read, this stock holds a lot of potential! Way to break it down💯

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WolfofWallStreet01/09/2021 04:10
Great 👍

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Reelio’s01/09/2021 04:05
Thank for your DD.

Mr. Blue01/09/2021 04:07

Happy trading 😎

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victorbellatrix01/09/2021 04:04
ur a King 👑

Mr. Blue01/09/2021 04:06

Just your friendly neighborhood trader. I am going to start researching many stocks and try to clear the air as best I can for folks.

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