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re: Special Purpose Acquisition Company (SPAC) Discussion
Posted on 7/9/20 at 3:49 pm to BallsEleven
Posted on 7/9/20 at 3:49 pm to BallsEleven
Too easy. Made over 35k on it today. I've been accumulating spaq warrants under $1 just for today's news. I sold some just now at $4.15.
It's a cycle: rumors cause spike and hype, then drifts down, then confirms and spikes again lol. It doesn't even matter the acquisition at this point. ORNS announced some crappy company/news last week and it jumped over 200%. I sold all immediately.
ANDAW, FTACW, CFFAW on my near term watch list along with many others. Rinse and repeat.
It's a cycle: rumors cause spike and hype, then drifts down, then confirms and spikes again lol. It doesn't even matter the acquisition at this point. ORNS announced some crappy company/news last week and it jumped over 200%. I sold all immediately.
ANDAW, FTACW, CFFAW on my near term watch list along with many others. Rinse and repeat.
Posted on 7/9/20 at 4:58 pm to LSUregit
So you mentioned a while back about buying stock if its a company you like being acquired. If they confirm Fisker would that be a good one to buy stock in?
Also, where do you go to research about all the SPACs?
Also, where do you go to research about all the SPACs?
Posted on 7/9/20 at 6:35 pm to LSUregit
What’s the lag time between warrants running up and then the common shares? Is there enough delay to use the warrants as an indicator to buy common shares?
I e had a difficult time keeping any $ in these spacs while the tech companies are cruising up.
I e had a difficult time keeping any $ in these spacs while the tech companies are cruising up.
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