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re: Special Purpose Acquisition Company (SPAC) Discussion

Posted on 12/22/20 at 10:01 am to
Posted by TheChosenOne
Member since Dec 2005
18517 posts
Posted on 12/22/20 at 10:01 am to
Too many SPACs, not enough money.
Posted by Crescent Connection
Lafayette/Nola
Member since Jun 2008
2020 posts
Posted on 12/22/20 at 12:59 pm to
Bridgetown (BTWN) rumored to be merging with Indonesian e-commerce giant Tokopedia. Backed by Peter Thiel and David Li. Indonesia TAM 268 million.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30545 posts
Posted on 12/22/20 at 5:33 pm to
That looks interesting. You in it? Might have to throw some in
Posted by Crescent Connection
Lafayette/Nola
Member since Jun 2008
2020 posts
Posted on 12/22/20 at 8:46 pm to
Bought 300 shares in my brokerage account and about 200 in my IRA. I look at it as another SE play. 2-3 year hold as of now.
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/22/20 at 9:53 pm to
I hold a good amount of BTWN.U pre-rumor. If they can convince Tokopedia to go through their spac, it would moon. "Deliberations are at a preliminary stage" so this rumor seems a lot more premature than others. Tokopedia would be very successful on their own but hopefully they go through BTWN.
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/23/20 at 2:05 pm to
quote:

I have been selling off some of my SBE. Rolled it into LGVW, NGA,THCB and GIK. Waiting on Definitive Agreements on the latter three.

- Also NBAC



Posted by jmcwhrter
Member since Nov 2012
6558 posts
Posted on 12/23/20 at 2:07 pm to
this gravy train has to go off the rails at some point, right?
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/23/20 at 2:11 pm to
Pretty insane huh. What a ride since the start of this thread. I'm shitting my pants today.
Posted by Dayman
Member since Sep 2015
713 posts
Posted on 12/23/20 at 6:42 pm to
What SPACS do we have our eyes on? I have a good bit sitting in PSTH when i bought at $22/share.

Looking to park a 2 or 3 grand in a couple other SPACS
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 12/23/20 at 6:47 pm to
I’ve been trading IPOC and FSR pretty actively
Posted by thejudge
Westlake, LA
Member since Sep 2009
14048 posts
Posted on 12/23/20 at 8:56 pm to
LCA.

Vote merger with Golden Nugget online gaming Dec 29th.

Get in.
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/23/20 at 8:58 pm to
quote:

What SPACS do we have our eyes on? I have a good bit sitting in PSTH when i bought at $22/share.

Looking to park a 2 or 3 grand in a couple other SPACS


CCAC, RBAC, THCA are a few to consider.
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 12/23/20 at 9:03 pm to
They'll get it done this time. I considered getting back in on the voting dip. I'll watch from the sidelines. GL!
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 12/23/20 at 9:05 pm to
FIII is primed for immediate gains
Posted by thejudge
Westlake, LA
Member since Sep 2009
14048 posts
Posted on 12/23/20 at 10:11 pm to
They actually changed the voting rules and were approved to get it passed.

So many retail holders, many with at aren't holding any longer but eligible to vote never did. Out of the 5 people I know with it I was the o my one to vote.

They changed it. It'll pass.

Hit 30 easily.
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 12/23/20 at 10:13 pm to
So not too late to get in on LCA?
Posted by thejudge
Westlake, LA
Member since Sep 2009
14048 posts
Posted on 12/23/20 at 10:24 pm to
Better not be. I added more on the dip today.

I plan on holding to $40+.

On!one gaming (not sports betting) passed by Michigan as well as a few others.

They are going after the gaming crowd. A little different than draft kings DKNG..They are at $53.

While. Not apples to apples I think they will offer more and be a little different niche.
This post was edited on 12/23/20 at 10:52 pm
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 12/24/20 at 9:23 am to
This action this week has been insane. Been on the sidelines as I have been playing the wave for a month (buy on pullback and sell at 20%).

Did really well but this run .... definitely no pullback to buy lol. Amazing price action
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 12/24/20 at 9:28 am to
Bought BFT, CCAC, RBAC, THCA, LCA, FIII and BTWN today

If anyone thinks I’m late to the game on any of those please let me know lol
This post was edited on 12/24/20 at 9:42 am
Posted by r0cky1
Member since Oct 2020
3332 posts
Posted on 12/24/20 at 11:31 am to
Getting into LCA now is risky. I just got out.

I'm in THCA right now...Any logistics people in here that has dealt wiht Transfix. Rumored to merge with them and at 10.95 rn
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