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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No. IV is way down, markets are returning to normal. Spac days are done I think

🥵

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I’m sure it was at the time as well? Like if we look at the downturn in spacs right before the winter this pattern happened again and there were tons of bargains. I bought SOAC at like 9.70 to dump pre LOI above 12.50 when sentiment shifted. I see HCIC at those levels now and see opportunity, but just curious on peoples’ thought

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Additional Posts in SPACs

Spacs on sale. Buy good management

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PSTH - keep an eye on this one. Up 50% here from NAV. Not sure ackman will pick a sexy name that drives momentum. Either way, big money behind this one and hoping for a good deal sooner than later

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Up 200% on CCIV warrants and no DA or LOI yet 🥴

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I am selling into these pops on psth. 50/50 chance the target disappoints the stripe crew and it dips hard. I’ll be buying a bunch of that is the case. Beware- 2/9th warrants are still attached to these shares so there is some premium in the price

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Ev bubble finally bursting. This rout will separate froth from long term plays. What are LT spacs or EV stocks you are doubling down. Hopefully another 15-20% correction in EV will be healthy.

Found this useful!!

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

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Here is difference of thinking. I trimmed a lot of my adds from yesterday and this morning. These things. Ounces too fast too strong. I always sell into strength and buy weakness

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HOL is going to break a lot of hearts on the way down. I hope they pump all the way into 2nd quarter. Also hoping options get added for my put play

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Best pre-announcement SPACs

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

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Is anyone still following/bullish on GIK? Wondering whether to keep holding or sell

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Another SPRQ. Already up too much.

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Also added back IPOF this morning. Chamath is too much of a promoter to let this one die. Keeping an eye on IPOE and open for further downside

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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?

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