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re: Special Purpose Acquisition Company (SPAC) Discussion

Posted on 11/30/20 at 2:01 pm to
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 11/30/20 at 2:01 pm to
NGA/NGAW

Settled at $14. I think it still has room to run.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14032 posts
Posted on 12/3/20 at 10:19 pm to
LCA merger vote date with GNOG set for Dec 18th.

Posted by Golgi Apparatus
Member since Sep 2009
2551 posts
Posted on 12/4/20 at 9:18 am to
TRNE finally started moving this week and has been killing it.
Posted by ThatsWhatSheSaid69
Member since Aug 2012
91 posts
Posted on 12/4/20 at 10:21 am to
Any thoughts on OAC? Supposed to be merging with tele-health company “Him’s” and “Her’s”. Trading around $10.80 at the moment.
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/4/20 at 10:33 am to
I'm loving it! Have been accumulating TRNE heavily under $11 for the longest. Dec 8th merger vote.

Not sure If I'm going to hold when ticker change. QS and LAZR rocketed through.


STPK
This post was edited on 12/4/20 at 1:16 pm
Posted by papz
Austin, TX
Member since Jul 2008
9330 posts
Posted on 12/4/20 at 10:49 am to
2-3 year hold on TRNE for me. I really want to see where this thing goes. I feel like there's massive potential down the road.
Posted by igoringa
South Mississippi
Member since Jun 2007
11873 posts
Posted on 12/7/20 at 9:06 am to
BFT

I am excited about this one.... a nice combo of a seriously legit company with real revenues and growing business with the volatility/excitement that comes with a SPAC
Posted by Golgi Apparatus
Member since Sep 2009
2551 posts
Posted on 12/7/20 at 10:14 am to
TRNE has now doubled since it started running.
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/7/20 at 10:14 am to
SPACs making crypto look boomer

I need to trim some positions before the next melt but I'm so greedy


— Took some off the table. Hogs get slaughtered.
This post was edited on 12/7/20 at 12:49 pm
Posted by ReadyPlayer1
Clown World
Member since Oct 2020
1056 posts
Posted on 12/12/20 at 11:32 am to
BFT merging with paysafe. In with 2k shares
This post was edited on 12/12/20 at 11:34 am
Posted by Open Your Eyes
Member since Nov 2012
9252 posts
Posted on 12/16/20 at 11:06 am to
quote:

don't know what my exit is for SBE? fell like I accidently held onto the rope on a hot air balloon now I'm 10k feet up


Sounds like the merger is supposed to be completed on January 15.

Any more thoughts on an exit here?
Posted by cgrand
HAMMOND
Member since Oct 2009
38598 posts
Posted on 12/16/20 at 11:08 am to
HAACU
(founders of LVGO)
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4200 posts
Posted on 12/16/20 at 1:02 pm to
Do they have any prospective companies in mind?
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/16/20 at 10:24 pm to
Been in HAACU since $10.20 They're still in Units. SPACs technically can't identify/target a specific private company pre-IPO (but we know better).



I have another account (separate from my main SPAC one) that I only purchase SPAC units within their first week of IPO or commons near NAV. Then I'll split the Units for arbitrage and sell the warrants. As each SPAC pops on rumors/announcement, I decide if I'll hold or sell and rotate it into another new SPAC unit. Absolutely have been no risk..all reward. I have well over 50 spacs here so you'll need a rather large bankroll for proper execution.


eta: I'm even holding a Shaq SPAC
This post was edited on 12/16/20 at 10:37 pm
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30535 posts
Posted on 12/18/20 at 4:56 am to
Merger day for LCA. Should be going live with GNOG (golden nugget)
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30535 posts
Posted on 12/22/20 at 8:25 am to
Alright what are some new SPAC plays? I was looking at GHIV
Posted by damnlambert
Louisiana
Member since Oct 2019
155 posts
Posted on 12/22/20 at 8:29 am to
im in pic,ipoc,lca
wanting to get into ghiv and bft long term
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/22/20 at 9:09 am to
SPAC euphoria continues!


BFT, LGVW, APXT, INAQ are non-EV good longer term holds.

All the EV/battery/lidar/charger hypes are undeniable.

RMG, SRAC will probably continue to ramp up to merger vote.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30535 posts
Posted on 12/22/20 at 9:12 am to
I’ll dig into those
Posted by Golgi Apparatus
Member since Sep 2009
2551 posts
Posted on 12/22/20 at 9:43 am to
BRPA yusssssirrrrr
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