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re: Special Purpose Acquisition Company (SPAC) Discussion

Posted on 1/12/21 at 8:55 am to
Posted by Boudinbaw
Member since Jan 2020
84 posts
Posted on 1/12/21 at 8:55 am to
My first SPAC stock, dumb question but if I buy ACTC it will turn into Proterra stock?

If so i may go way in
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/12/21 at 9:52 am to
Yes.

2021 crazy start with major announcements. Sofi, Lucid now Proterra.
Posted by Boudinbaw
Member since Jan 2020
84 posts
Posted on 1/12/21 at 10:02 am to
Thanks, wasnt expecting them to go public this soon. Only other one im waiting on is Automation Anywhere
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/12/21 at 11:01 am to
BTAQ starting to make moves
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/12/21 at 5:28 pm to
quote:

Ouch. Didn't many think Proterra was QELL's target?


Proterra was a SPAC unicorn. People tried to link it to about 10 different spacs. Qell has former Proterra CEO on its board but stated multiple times that they wanted to go for a picks and shovel of EV.

Too bad it wasn't Qell though, I had triple the amount sitting there v/s ACTC. Can't complain. Perhaps Solid Power, TuSimple, Plus, Hesai. Already a second Qell filed.
This post was edited on 1/12/21 at 5:29 pm
Posted by Boudinbaw
Member since Jan 2020
84 posts
Posted on 1/12/21 at 9:34 pm to
quote:

Already a second Qell filed

Why would they file a second one?
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/12/21 at 10:15 pm to
quote:

BTAQ starting to make moves


Nice run on warrants the past few wks. Been in sub $1. Israel eToro, REE Auto speculation.


quote:

Why would they file a second one?


Confidence that they have a target for their first one already on the line. Also, I'm sure like everyone else, greed to capitalize on the SPAC frenzy.

Posted by Odinson
Asgard
Member since Apr 2014
2758 posts
Posted on 1/24/21 at 1:08 pm to
Why is this thread buried so far?? It has been a big money maker for me and I need it to keep going lol.

Sure hope that Saudi going on CNBC Monday morning is indicative of CCIV/Lucid soon.

ZNTE also popped on Lilium rumors Friday.
This post was edited on 1/24/21 at 2:45 pm
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 1/24/21 at 1:36 pm to
I cant find a ticker for Gore II or the new Hennessy spacs. Are the warrants being sold yet? If so can someone direct me where find them . Thanks
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/24/21 at 5:29 pm to
quote:

Why is this thread buried so far??

So be it. SPACs are not for everyone but have been a game changer for me. Some here are more worried about MT internet kudos for ego boost. I'm more focused on a separate SPAC/trading group that I started. We're more about filtering out the BS and making serious life changing money with weekly account screenshots to lift and hold each other accountable. The foundation is here since day one. No one knows when the SPAC hype will cease but I'm gonna keep dancing while the music plays.

quote:

CCIV/Lucid soon.

Everyone is on the edge lol. Waiting on Chamath's PIPE too. ZNTE eVTOL play. FTOC/Payoneer is a solid rumor. Waiting on many others to confirm.

Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/24/21 at 5:30 pm to
quote:

I cant find a ticker for Gore II or the new Hennessy spacs


GRSV/GRSVW, GHVIU, HCICU?
Posted by molsusports
Member since Jul 2004
36133 posts
Posted on 1/24/21 at 5:56 pm to
quote:

I'm more focused on a separate SPAC/trading group that I started. We're more about filtering out the BS and making serious life changing money with weekly account screenshots to lift and hold each other accountable.


Is this a reddit group or something like that?
Posted by MrJimBeam
Member since Apr 2009
12352 posts
Posted on 1/24/21 at 6:24 pm to
My buddy has been researching SPACS a ton so I’m following him on a few leads moving forward and will share anything I hear to add to anyone else’s research
Posted by jmcwhrter
Member since Nov 2012
6587 posts
Posted on 1/25/21 at 10:13 am to
quote:

Is this a reddit group or something like that?



Yeah where is this?

Also did everyone dump SBE/Chargepoint a while back? am I the only one watching this bleed out?
Posted by absolute692
US of A, MFer
Member since Feb 2007
3965 posts
Posted on 1/25/21 at 11:35 am to
quote:

LSUregit


You mind sending that discord link?
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/27/21 at 7:42 pm to
Is the strategy of just trading the warrants and dumping them before merger still working? Or has everybody kind of figured this out and it’s not really working anymore?
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/30/21 at 10:40 pm to
quote:

Is the strategy of just trading the warrants and dumping them before merger still working? Or has everybody kind of figured this out and it’s not really working anymore?


Yes; however, a lot of spac folks are playing gme,bb,amc at the moment. Have to wait till that settles and a lot of that will flow back. I'm hoping/expecting GIK to announce merger date soon and then run into it.
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
8972 posts
Posted on 1/30/21 at 10:44 pm to
What’s the feeling on LGVW nowadays?
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 1/30/21 at 10:48 pm to
Perfect example. It should be going up until merger date 2/12 but who knows with the current wsb situations going on.
Posted by rintintin
Life is Life
Member since Nov 2008
16191 posts
Posted on 1/30/21 at 11:17 pm to
I jumped in IPOE on Thurs. This will be SOFI which is backed by Chamath. It has done me very well so far.

Anyone else on this one?
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