Another SPRQ. Already up too much.

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Don’t like either targets valuation. Staying out.

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Additional Posts in SPACs

I’ll be taking a look at all the recent SPACs that had huge runs. The plan is to watch for momentum to start fading and play some puts at or around merger votes. A lot of these plays are priced to perfection on revenues 5+ years away. Will some make it big? Yes. Will some fail, yes. Also starting to watch the warrant exercise requirements. All of these have huge supply coming to market and I plan to be on the other side of the retail suckers

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Spacs to this point have been the easiest money you could make. Beware of 2021 As i feel even the top spacs get some pressure. Stick with good management and companies.

likesmart

Well TSIA already up 100%. I’ll pass on this one

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Reallocated some of my WPF position to PSFE. They are post SPAC merger but both will be long term holds for me.

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What SPACs are you riding? I’m in SHLL, GRAF, LCA, SPAQ, OPES, CCXX, CCX, CCIV, and PSTH. Did great in DKNG and UTZ.

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Anyone holding $APXT?

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Bought a larger amount of FTOC warrants. 750mm checkbook fintech play with great mgmt.

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Thoughts on the CCIV run up? Do you think it’ll hold post merger announcement?

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FTOC rumored Payoneer. My warrants hugeeee

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In chamath we trust. This guy prints money. The wave will end eventually but damn it has been good.

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Pretty new to investing. Can someone please explain what a SPAC is? And the difference b/w a SPAC and a VC?

Trying to grow this bowl. Not a lot of contributors but huge room for big pays coming. Good luck all. IBM it’s about to get fun

likeuplifting

SPAC bubbles are popping everywhere. Premiums being pulled out here pre deals. Becareful out there. None are safe. I will be selling puts in psth if it opens below 28

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Trimmed some psth this morning. I don’t like that stripe did a $100b raise without needing ackman. I think this merges with a long term winner but will be able to add back at lower prices before merger and still receive the 2/9 warrants

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Do we think this market is just like oct / november with tons of opportunities? Or would realistic valuations returning crush the easy money in the SPAC world

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Any thoughts on VOSO and CND?

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Tax Senior Manager and Bowl Creator have thrown out WPF, SVOK, and AVAN recently. With these all barely above $10 (and SVOK actually temporarily below), what’s the downside to investing in these? Am I missing something? Don’t they offer you the opportunity to sell back the shares at $10 around the merge date? So max loss would be $0.12 per share on WPF (at current pricing) and $0.19 per share on AVAN?

Are there other SPAC plays that people like that seem like no brainers at these levels?

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Woooo esketit. Personally I’m just hoping to ride HCAC to the moon

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