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re: Special Purpose Acquisition Company (SPAC) Discussion

Posted on 1/6/21 at 1:15 pm to
Posted by Odinson
Asgard
Member since Apr 2014
2758 posts
Posted on 1/6/21 at 1:15 pm to
quote:

NGA/NGAW

Settled at $14. I think it still has room to run.




Amazon and Cramer pump
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/7/21 at 10:16 am to
IPOE to merge with SoFI




Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/7/21 at 10:17 am to
Still time to get in?

I might have to cut my losses on gnog
This post was edited on 1/7/21 at 10:19 am
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/7/21 at 10:48 am to
I think it's Halted. Lots of meme potential here.

On a side note, I never hold a spac through ticker change. Too risky. I only buy on the de-spac merger ramp up. If I like the company, I'll wait at least a week after the ticker change to consider it but usally I just move on to another SPAC play.
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/7/21 at 10:53 am to
I guess I thought they exploded after ticket change because that’s what happened with pic and xl
Posted by TheChosenOne
Member since Dec 2005
18522 posts
Posted on 1/7/21 at 10:55 am to
Probably, if you're looking longterm. It's $15 now. I imagine longterm that will be considered cheap if it all comes to fruition.
Posted by r0cky1
Member since Oct 2020
3360 posts
Posted on 1/7/21 at 11:06 am to
Just only buy Chamath Stocks and you will be rich. Idk why i even buy others. Kicking myself
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/7/21 at 1:18 pm to
IPOE $17 is not a bad entry IMO. I own it and warrants.
Posted by ThatsWhatSheSaid69
Member since Aug 2012
91 posts
Posted on 1/7/21 at 1:45 pm to
Scalped IPOE calls today. Made $400 in 45 mins.
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/11/21 at 12:13 pm to
(Bloomberg) --

Electric vehicle maker Lucid Motors Inc. is in talks to go public through a merger with one of Michael Klein’s special purpose acquisition companies, according to people familiar with the matter.

CCIV. Another with meme potential.
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/11/21 at 2:34 pm to
What’s the deal with CLOV? This thing going to ever move?
Posted by MrJimBeam
Member since Apr 2009
12352 posts
Posted on 1/11/21 at 2:44 pm to
Should be announcing their partnership soon.
Posted by Lightning
Texas
Member since May 2014
2300 posts
Posted on 1/11/21 at 4:43 pm to
Anyone holding VSPR?

I am admittedly a newbie to SPACs but ask the females in your life if they've heard of Hydrafacials. This SPAC got a pretty small bump when they announced they were merging with Hydrafacial last month. I guess it doesn't have the excitement of the EV and biotech companies right now but I'm still interested.
Posted by Odinson
Asgard
Member since Apr 2014
2758 posts
Posted on 1/11/21 at 5:19 pm to
quote:

CCIV. Another with meme potential.


What’s your play?
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/11/21 at 5:52 pm to
Holding boat loads of warrants 2.75 average (bought more/ averaged up today). Still a rumor but I have a high risk tolerance and am here to make F/U money. Hopefully announcement of LOI/DA soon and Klein doesn't cuck us.

CCVI and CVII IPO filed so makes sense to wrap CCIV up soon.
Posted by Odinson
Asgard
Member since Apr 2014
2758 posts
Posted on 1/12/21 at 7:15 am to
ACTC - Proterra
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4208 posts
Posted on 1/12/21 at 7:22 am to
In HAACU for 1000 shares. Just contacted Schwab and they’re beginning the warrant/common shares split process. Excited for this one
Posted by cgrand
HAMMOND
Member since Oct 2009
38896 posts
Posted on 1/12/21 at 7:48 am to
quote:

beginning the warrant/common shares split process.

I saw that mentioned earlier
I own some HAACU, could you explain please how (and why) to do this?
Posted by TheChosenOne
Member since Dec 2005
18522 posts
Posted on 1/12/21 at 8:00 am to
quote:

ACTC - Proterra


Ouch. Didn't many think Proterra was QELL's target?
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4208 posts
Posted on 1/12/21 at 8:03 am to
I just got on the Schwab chat and spoke with a broker and he started the process. I believe it was $39 for them to do the split.

I’m doing it so I can play the common shares and warrants differently. The warrants will usually take off at a huge percentage compared to the common shares on the initial pop and I will dump them at that point and then hold onto the commons as we approach merger.
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