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Posted: 5/12/2022 11:04:24 PM EDT
Last 2 trading days to get your BBIG shares to get TYDE spin off shares. You get 1 share of TYDE for every 10 BBIG shares you have. Just an FYI if interested. BBIG to the moon
 wonder if this will be a good play?
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Posted: 5/12/2022 11:42:12 PM EDT
[#1]
They're claiming a $10 value for TYDE.
But if you buy BBIG for $3, get 1/10th TYDE, and BBIG opens at 1.50 Tuesday... We shall see what we shall see. I sold call options on every share of my BBIG last Friday when the price spiked. Hopefully the ex-dividend price drop is less than double what I got from selling the options. One problem is that right now with spiking energy prices and cratering crypto, it's not a great time to IPO a crypto company. If only they'd distributed the Cryptyde shares on Dec 27 like originally promised... |
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Posted: 5/12/2022 11:59:40 PM EDT
[#2]
Quote HistoryQuoted: They're claiming a $10 value for TYDE. But if you buy BBIG for $3, get 1/10th TYDE, and BBIG opens at 1.50 Tuesday... We shall see what we shall see. I sold call options on every share of my BBIG last Friday when the price spiked. Hopefully the ex-dividend price drop is less than double what I got from selling the options. One problem is that right now with spiking energy prices and cratering crypto, it's not a great time to IPO a crypto company. If only they'd distributed the Cryptyde shares on Dec 27 like originally promised... I was just reading the thread on crypto crashing and thought about TYDE. I'm in for 800 shares of bbig at the moment with a cost basis of around $7. My only solice was selling calls. I'm done buying in. |
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Posted: 5/13/2022 12:15:06 AM EDT
[#3]
Is it true shorts have to cover?
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Posted: 5/13/2022 7:09:00 AM EDT
[#4]
Quote HistoryQuoted: Is it true shorts have to cover? I don't know, but I'm assuming that anybody who could fail to deliver on a million short BBIG could just as easily fail to deliver 100k TYDE. There was talk last fall of giving out dividends in the form of Non-Fungible Tokens that couldn't be naked shorted, or handing out NFTs with the TYDE shares. I wish they'd done that. If undergrad college students can create NFTs, it should be child's play for a company like Cryptyde. |
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Posted: 5/13/2022 7:24:11 AM EDT
[#5]
Quote HistoryQuoted: They're claiming a $10 value for TYDE. But if you buy BBIG for $3, get 1/10th TYDE, and BBIG opens at 1.50 Tuesday... We shall see what we shall see. I sold call options on every share of my BBIG last Friday when the price spiked. Hopefully the ex-dividend price drop is less than double what I got from selling the options. One problem is that right now with spiking energy prices and cratering crypto, it's not a great time to IPO a crypto company. If only they'd distributed the Cryptyde shares on Dec 27 like originally promised... My fellow bagholder, how in the world do we get to $10 for TYDE - is there some analysis floating about? It makes no sense. I'd bet the total price of the 2 names will equal about what BBIG is trading for now. |
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Posted: 5/13/2022 7:43:06 AM EDT
[#6]
Quote HistoryQuoted: My fellow bagholder, how in the world do we get to $10 for TYDE - is there some analysis floating about? It makes no sense. I'd bet the total price of the 2 names will equal about what BBIG is trading for now. 1. I assume it was some sort of IPO pricing model last fall when the stock market was good, Crypto was decent, oil was under $80, and there were no signs of a natural gas panic. 2. It might be $2 and $1, and Vinco is right about TYDE's value, or it might be $2.50 and $0.50, or more it might be $1.75 and $0.50, it wouldn't be the first time we saw $2.25 for the combined companies. When BBIG hit $3.75 last Thursday night, I had high hopes of pocketing the TYDE shares and selling my BBIG for a profit. I don't know if it was an honest market this week, or shorts scrambling to prevent a repeat of January's prices, but this week was discouraging. 3. I have yet to see any mention of what you get for your fractional shares. Are they going to stick to their earlier $10 claim, and give out $5 to people who own 5 shares of BBIG? |
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Posted: 5/13/2022 8:09:15 AM EDT
[#7]
I also haven't seen any reports that the OCC is going to restate the options for the spin-off.
If I'm right and they don't do anything, it'll be a windfall for holders of BBIG puts and sellers of BBIG calls (I'm short 100 calls). |
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Posted: 5/13/2022 8:45:12 AM EDT
[#8]
I've only got 40 shares of that trash, but I refuse to do anything with it. I'm teaching myself a lesson about buying on FOMO and investing in a trash stock.
I'll watch that shit vaporize. I hope I've learned my lesson. bought in BBAG at ~ 9.50. God I'm an idiot. |
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Posted: 5/13/2022 8:59:18 AM EDT
[#9]
Quote HistoryQuoted: I've only got 40 shares of that trash, but I refuse to do anything with it. I'm teaching myself a lesson about buying on FOMO and investing in a trash stock. I'll watch that shit vaporize. I hope I've learned my lesson. bought in BBAG at ~ 9.50. God I'm an idiot. up there with my LTNC and weed stocks. now MVIS and SENS are the plays...
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Posted: 5/13/2022 10:03:15 AM EDT
[#10]
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Posted: 5/13/2022 10:04:24 AM EDT
[#11]
Quote HistoryQuoted: @Kaik BBIG going to do BBIG things. |
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Posted: 5/14/2022 9:06:04 PM EDT
[#12]
Oof gna hurt! Atleast get to $5 n im OUT!
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Posted: 5/15/2022 11:03:39 AM EDT
[#13]
I'm down to 1700 shares . All but 200 have covered calls sold against them
I expect a rug pull with either A) dilution or B) delayed Tyde If I'm wrong I'll buy back my calls and sell the shares and then buy puts |
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Posted: 5/15/2022 11:19:34 AM EDT
[#14]
Quote HistoryQuoted: I'm down to 1700 shares . All but 200 have covered calls sold against them I expect a rug pull with either A) dilution or B) delayed Tyde If I'm wrong I'll buy back my calls and sell the shares and then buy puts The latest dilution was announced to be up for a vote at their ASM (Aug or Sep?). If BBIG would have run to $5, I would have paper handed it so fast. 
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Posted: 5/15/2022 11:28:45 AM EDT
[#15]
Quote HistoryQuoted: The latest dilution was announced to be up for a vote at their ASM (Aug or Sep?). If BBIG would have run to $5, I would have paper handed it so fast. https://media.giphy.com/media/8X9HcMoNlof9svI8qS/giphy.gif Haha. I actually did that once when I found there was a bee flying around inside my car. I have a phobia that no amount of BBIG can solve. |
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Posted: 5/16/2022 8:36:38 PM EDT
[#16]
Quote HistoryQuoted: I also haven't seen any reports that the OCC is going to restate the options for the spin-off. If I'm right and they don't do anything, it'll be a windfall for holders of BBIG puts and sellers of BBIG calls (I'm short 100 calls). That can't be right, but... There is nothing undetermined about the distribution except the precise distribution date. OCC still hasn't said a single word about it that I can find. And it went ex-dividend at least a half hour ago. Anybody who can find the memo, let me know: https://infomemo.theocc.com/infomemo/search-memo |
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Posted: 5/16/2022 8:38:39 PM EDT
[#17]
Quote HistoryQuoted: up there with my LTNC and weed stocks. now MVIS and SENS are the plays... Quote HistoryQuoted: Quoted: I've only got 40 shares of that trash, but I refuse to do anything with it. I'm teaching myself a lesson about buying on FOMO and investing in a trash stock. I'll watch that shit vaporize. I hope I've learned my lesson. bought in BBAG at ~ 9.50. God I'm an idiot. up there with my LTNC and weed stocks. now MVIS and SENS are the plays... I learned my lesson with all those MVIS, SENS, BBIG. I'm done, I've no interest in speculative stocks at all anymore. Just AAPL, GOOG, XOM, index funds, stuff like that. |
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Posted: 5/17/2022 5:21:44 PM EDT
[#18]
Quote HistoryQuoted: That can't be right, but... There is nothing undetermined about the distribution except the precise distribution date. OCC still hasn't said a single word about it that I can find. And it went ex-dividend at least a half hour ago. Anybody who can find the memo, let me know: https://infomemo.theocc.com/infomemo/search-memo Finally, they announced that the existing options chains are to be renamed and will obligate the call writer and the put exerciser to submit 100 BBIG and 10 TYDE. Which is only fair, but might make it a pain finding an active market to place trades in to close old options positions. https://infomemo.theocc.com/infomemos?number=50435 |
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Posted: 5/17/2022 5:40:10 PM EDT
[#19]
Quote HistoryQuoted: Finally, they announced that the existing options chains are to be renamed and will obligate the call writer and the put exerciser to submit 100 BBIG and 10 TYDE. Which is only fair, but might make it a pain finding an active market to place trades in to close old options positions. https://infomemo.theocc.com/infomemos?number=50435 Did it say when tyde will be listed? |
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Posted: 5/17/2022 5:57:55 PM EDT
[#20]
Im in!!
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