PSTH might come home to roost soon.... still my biggest spac. Just bought $PSFE IN long term portfolio

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Well, hope you like music. I don’t like the deal but it will likely perform well over the long term. Likely a lot of sell pressure prior to the close of deal. Remember, tontine warrants are assigned to those who hold before merger

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Not sexy enough for the mass retail. Institutions are already in from 20

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I like it. NOT sexy which is why retail is leaving but they’re a solid company. Ackman will put this up for the next two weeks on all the big stations

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I added more shares at 21.5 Friday. Average around 23. I only have 500 shares. Sold a bunch and covered calls over the last few months. The complexity intrigues me. I like the option to essentially play his next two spacs. I’ll be fine parking 10-20k in here the next few years and not looking back. The foreign shares are the only thing that is giving hesitation

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You are really going all in... I’ll add more once I find out more about the foreign shares and how we will hold

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Flipping some into strength this morning at 23.5

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I am at full position on PSTH. I also have a message into E*TRADE to make sure I can even get the foreign shares

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Full position turned into more this morning. No looking at it anymore

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Disappointed is an understatement…

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Yeah, I get it. Sucks. While everyone was complaining, I was buying everyday to build a position for the LT. I sold some but will be buying back close to $20. The 2/9th warrants are still attached and aren’t priced in

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50% of my net worth is in PSTH. LFG!!!

You are nuts haha. Good luck.

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I am. Upped it to 60% on the dip this morning!!!

https://s3.amazonaws.com/assets.empirefinancialresearch.com/static/Complexity+Creates+Opportunity+%E2%80%93+Our+View+on+PSTH.pdf

Good take from a former Sohn Investment winner and current Portfolio Manager.

https://yetanothervalueblog.substack.com/p/further-breaking-down-and-simplifying

Yeah I’m switching to IBKR

Same, planning to sell half and hold the rest.

Now his rant from last March makes sense.

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Additional Posts in SPACs

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

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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.

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How do you value a SPAC that has an acquisition target identified? Shouldn’t the market cap of the SPAC = ownership interest in the acquisition x market value of acquisition x some risk %? What am I missing

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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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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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Found this useful!!

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Another SPRQ. Already up too much.

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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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IPOB is up 133% on the year. Would you buy IPOC right now as it’s only up 5%?

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FTOC rumored Payoneer. My warrants hugeeee

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Anyone following $APXT and have some insights to share, will be greatly appreciated

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My latest SPAC add is HZON. This is in talks with sport trader, a leader in supplying data to sports gambling platforms. Large valuation in place already if deal goes through but likely 20-25% upside when announced

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How do we feel about FUSE MoneyLion merger? Response from the market seems pretty lukewarm sadly

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Rumors of IPOF getting Equinox. Thoughts?

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Any thoughts on VOSO and CND?

Any SPACs we should be keeping an eye on?

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.

Thoughts on TPGY and EVBox?

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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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