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Immediate Social Media Alerts & News Beneficiaries
| 12/23/2020
$XL (XL Fleet, Corp)
$GIK (GigCapital3, Inc.)
$FIII (Forum Merger III Corp)
On Wednesday, December 23, 2020 shares of electric vehicle company XL Fleet ($XL) surged higher on their second day of trading upon the completion of a merger between XL Fleet and a SPAC, Pivotal Investment Corp. XL Fleet shares were already up an astonishing 42% on the day due to general investor bullishness on anything EV related and their CEO’s favorable appearance on CNBC when another positive catalyst occurred. At 1:41 PM influential activist short seller Andrew Left of Citron Research posted a very positive tweet concerning $XL, giving it a price target of $60. The Hammerstone team alerted subscribers within a minute to the tweet, giving them amble time to make a potential trading decision. $XL shares moved another 21% over the next 70 minutes following Hammerstone’s quick post of the tweet.
The Hammerstone team strives to help our users connect the dots and find secondary opportunities related to breaking news. The team notified users of 2 other SPACs which have recently announced merger plans with electric vehicle companies. The 2 SPACS were Forum Merger III ($FIII) and GigCapital3 Inc. ($GIK). Posted at 1:54, shares of $GIK and $FIII rose 16% and 11.5% respectively over the next 2 regular trading hours.
HsMkt (10:30:26 am): $XL +45% Electric-vehicle company XL Fleet merged with SPAC $PIC after the bell on Monday, began trading yesterday; CEO was just on CNBC; XL makes hybrid and plug-in hybrid solutions for commercial vehicles & is obviously in the crosshairs of the Robinhood/chatrooms/EV groups
HsMkt (1:41:36 pm): $LAZR $QS $XL @CitronResearch
Citron long $XL tgt $60. TAM of $XL over $1 trillion. Electrification as a Service (EaaS) will be massive. more than twice $QS and $LAZR combined. Blue chip customer base with FedEx, Coke, Pepsi, DHL and many more. SPACS always cautious- this story has great Risk/Reward
HsMkt (1:42:33 pm): $XL halt for vol, spiked up after Citron mention
HsMkt (1:47:45 pm): $XL resumes trading, up 61%, testing highs
HsMkt (1:54:41 pm): $XL Watch $FIII, $GIK, HYLN on follow thru as per Citron’s $XL tweet.
HsMkt (2:17:20 pm): $GIK $XL @trusted financial Twitter account
@CitronResearch just wanted you to be aware of $GIK -in page 18 they claim they are miles ahead of $XL https://www.sec.gov/Archives/edgar/data/1802749/000119312520315442/d87498dex992.htm
HsMkt (2:34:43 pm): $XL new highs, +90% now following Citron
