OODA Process Observe + Market is bullish after a few days of pull back. + Stimulus talk back on the table with EOY deadline + SPAC has been hot + SPACs pulled back in recent days + Online gambling is going to grow and there are a few big players around it: DKNGPENNGAN, etc.
- some doubts about the merger not happening - Founder has other capital risks in restaurants that are under COVID pressure
Orient Short term Bullish
Decide add shares as close to $20 or lower. Hold through merger vote. if gains > 100%, Sell 50% of shares then let it run "on the house" if gains < 100% by EOY, sell 25% and sell the rest at first sight of weakness in this name or the market pull back.