Investing in Gab.AI Preferred Stock?

[Vern_in_IL]

Anyone with experience with Preferred Tech stocks?
I'm thinking on sinking 1k into this.

and any predictions how this stock will perform vs what Twitter/Facebook stock did?

 

[Mr Nice]

Nobody knows what will happen or have a crystal ball....

TQQQ would be my recommendation. I needed a Fidelity account because Vanguard doesn't allow this to be held in their accounts (brokerage / IRA).

 

[Gasbuggy]

I make a living trading. Buying TQQQ at peak market is a bad move.

I've never heard of Gab so I can't give you any advice about it. Their website won't load for me right now because of host issues on their end, not a great sign lol

 

[Warstud]

I can't find anything on it. Is it a Gabelli Fund? Like Gasbuggy said....if you buy now your probably buying near the top. The S&P's RSI is around 70 now.

 

[Danno]

Gab is an alternative to Twitter.

 

[PimTac]

What exchange does this stock trade on and what is its symbol?


Investing in a single small cap stock like this is very aggressive. Due diligence is definitely required.

 

[Triple_Se7en]

Originally Posted by Vern_in_IL
Anyone with experience with Preferred Tech stocks?
I'm thinking on sinking 1k into this.

and any predictions how this stock will perform vs what Twitter/Facebook stock did?

What's the stock symbol?
I got $12.9K to play with (Fortune 500)... in another couple weeks.

 

[Vern_in_IL]

Link to Gab page

Quote

Offering Amount: $9,999,997.50
Up to 1,449,275 shares of Series A Preferred Stock for $6.90 per share
Minimum Subscription: $993.60 (144 shares)


Issuer GAB AI Inc., a Delaware corporation
Security Offered 1,449,275 shares of Series A Preferred Stock
Offering Size $9,999,997.50
Offering Price $6.90 per share


It looks like if I really want to invest in gab, I can go through a trust company( not accredited), but it does come at an extra cost.

 

[PimTac]

The big question would be how easy it will be to trade. Buying is no problem but when it comes time to sell might be. This is not like Apple or Proctor and Gamble where you send the order and it's done quickly.

I do like the idea of Gab but investing in it seems complicated.