Took my 26% from DMYI premarket. Target looks exciting but highly speculative tech (no idea about deeper DD (valuations etc.) than that). Might be one to keep an eye on if it dips down a chunk, but I'm happy taking an 'in talks' bump of that size. Nobody likes SOAC's target, though, and it took a dump. Figuring to just hold on to it anyway, and hopefully it manages to hit high 11s at some point like FUSE did (another disappointing one) Nosre fucked around with this message at 16:28 on Feb 24, 2021 |
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# ? Feb 24, 2021 16:24 |
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# ? Jun 9, 2024 05:12 |
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Handen posted:Are you loving serious? That's horrendous. Indeed this is correct, I verified it on Monday. It was such bad news that I dumped both of my unit holdings as soon as they were green.
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# ? Feb 24, 2021 16:36 |
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I know things are tough out there post-CCIV and in a choppy market. Here's my current Must Own list of SPACs with no DA, under $11, and at least 3 months old so they could reasonably have news soon: AVAN BTAQ CRHC ETAC GNRS HZON NSH PRPB THCA TINV TWCT XPOA Buy low, be patient, and you'll make money without giving yourself a complex.
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# ? Feb 24, 2021 16:54 |
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Handen posted:Is there a way to have commons assigned to you at below NAV using options? I saw someone on reddit mention that was their strategy, which received a single comment reply to the tune of "shh, don't ruin it for the rest of us." Selling puts with a strike below 10 bucks would do it. The underlying would need to go below the strike price before someone would want to make you buy them though. Shear Modulus fucked around with this message at 17:15 on Feb 24, 2021 |
# ? Feb 24, 2021 17:12 |
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FistEnergy posted:I know things are tough out there post-CCIV and in a choppy market. Here's my current Must Own list of SPACs with no DA, under $11, and at least 3 months old so they could reasonably have news soon: Thanks, hopped into AVAN, already been in BTAQ for a bit. It seems extremely cheap under $11. Hoping to get a short term pop, even if it's only like 10% I'll probably take profits. Been in the mood to nickle and dime lately.
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# ? Feb 24, 2021 17:46 |
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New list is out. Added a few more NAVs as well as some IPOs. Make sure you check your broker cost if you plan on buying and splitting Units.
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# ? Feb 24, 2021 18:04 |
If you wanna do units, it seems like Fidelity or nothing. lol @ Vanguard's $300 to split for you
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# ? Feb 24, 2021 18:10 |
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I got in on SRNG at 10.96. They had a good track record with some big mergers that have held their value (Skillz and DraftKings).
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# ? Feb 24, 2021 18:43 |
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FistEnergy posted:I know things are tough out there post-CCIV and in a choppy market. Here's my current Must Own list of SPACs with no DA, under $11, and at least 3 months old so they could reasonably have news soon: I have $200 each in ETAC, GNRS, HZON, TWTC, and also FPAC. edit: and $500 each in AVAN and BTAQ now Thorn Wishes Talon fucked around with this message at 18:58 on Feb 24, 2021 |
# ? Feb 24, 2021 18:54 |
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laxbro posted:I got in on SRNG at 10.96. They had a good track record with some big mergers that have held their value (Skillz and DraftKings). Same I loaded up on this one this morning.
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# ? Feb 24, 2021 19:16 |
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What is up with AACQ? I was up almost 30% a few days ago but most of those gains are gone now. Did I miss a key news item to know I should sell? I was going to sell at 30% gains but I'm guessing that was being too greedy.
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# ? Feb 24, 2021 19:31 |
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GEMorris posted:What is up with AACQ? I was up almost 30% a few days ago but most of those gains are gone now. Did I miss a key news item to know I should sell? I was going to sell at 30% gains but I'm guessing that was being too greedy. The DA was announced, so there was the initial pop and now it's slowly dropping https://finance.yahoo.com/news/origin-materials-market-leader-disruptive-113000490.html
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# ? Feb 24, 2021 19:35 |
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So is there another good exit point or should I just sell now? Im not sure I can pay close enough attention to spac news to effectively invest in these things.
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# ? Feb 24, 2021 19:40 |
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^^^ in the last 2 months while I've been paying attention it seems that the rumor pop is really the biggest one. with a DA done there's really not much left to look for. I would sell it.FistEnergy posted:I know things are tough out there post-CCIV and in a choppy market. Here's my current Must Own list of SPACs with no DA, under $11, and at least 3 months old so they could reasonably have news soon: I'm in 9/12 of these, and if they haven't popped by pay day friday, I'm in the rest, for sure. Nitramster fucked around with this message at 19:48 on Feb 24, 2021 |
# ? Feb 24, 2021 19:45 |
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FistEnergy posted:I know things are tough out there post-CCIV and in a choppy market. Here's my current Must Own list of SPACs with no DA, under $11, and at least 3 months old so they could reasonably have news soon: Be real nice if SCVX could pop so I could get in the handful of these I’m not already in.
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# ? Feb 24, 2021 20:27 |
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Thanks for the pointer to this thread from regular stonks thread! Catching on DMYI chat now -- markets already closed for the day, but sounds like this was a rumor, not actually "official"? Still have 50 shares left.
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# ? Feb 24, 2021 22:20 |
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Got a giant 2.5 pound pile of paper with MTAC's prospectus in the mail today. It's single sided lol.
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# ? Feb 25, 2021 00:00 |
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Shear Modulus posted:Got a giant 2.5 pound pile of paper with MTAC's prospectus in the mail today. It's single sided lol. I hate getting those and as far as I can tell there is no way to stop them.
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# ? Feb 25, 2021 00:31 |
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I have everything e delivery with Fidelity and haven't gotten stacks of paper for SPACs...yet. I also haven't gotten any emails about "new docs" or whatever so who knows? Maybe my mailbox will get paper hosed soon.
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# ? Feb 25, 2021 01:20 |
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tangy yet delightful posted:I have everything e delivery with Fidelity and haven't gotten stacks of paper for SPACs...yet. I also haven't gotten any emails about "new docs" or whatever so who knows? Maybe my mailbox will get paper hosed soon. I have everything as online but I've gotten 3 prospectus in the mail for random SPAC purchases. Disclaimer on the website says they are required to send paper mail in some cases so it might be specific to some. I've been in and out of dozens of SPAC units and only gotten 3, all recently, and all on things I purchased right before I got the mail.
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# ? Feb 25, 2021 01:28 |
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I had a giant brick of paper show up the other week for the first spac I purchased. Poor trees.
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# ? Feb 25, 2021 01:32 |
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tangy yet delightful posted:I have everything e delivery with Fidelity and haven't gotten stacks of paper for SPACs...yet. I also haven't gotten any emails about "new docs" or whatever so who knows? Maybe my mailbox will get paper hosed soon.
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# ? Feb 25, 2021 01:41 |
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cciv has weeklies now what the christ
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# ? Feb 25, 2021 05:03 |
FistEnergy/Grandma and the other veterans: do you have any tolerance for breaking the ~11.50 rule for the best leadership? (pretending you weren't in them already) Specifically IPOF/IPOD in this case. I got out of them earlier this week in the spike and was happy to do so (my cost was too high), but am FOMOing now that they're back in the 14s. Considering he can move things 15-20% with just a tweet, the target would REALLY have to suck for there to not be some spike.
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# ? Feb 25, 2021 15:05 |
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Sure, I'll go a bit higher for something with great management that I feel won't dip enough to my normal buy level. GSAH is a recent example. But IPOD/IPOF at 50% over NAV? Absolutely not. 12.50 for stuff like that or I walk. I'm not into the whole 'losing money' thing, it's not for me.
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# ? Feb 25, 2021 15:34 |
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what happens to units if you don't touch them at all through merger and everything?
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# ? Feb 25, 2021 15:42 |
FistEnergy posted:Sure, I'll go a bit higher for something with great management that I feel won't dip enough to my normal buy level. GSAH is a recent example. But IPOD/IPOF at 50% over NAV? Absolutely not. Cool, thanks. Also, did we maybe blow up miners together in Eve like 13 years ago? Name has been ringing a bell.
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# ? Feb 25, 2021 15:49 |
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Nosre posted:FistEnergy/Grandma and the other veterans: do you have any tolerance for breaking the ~11.50 rule for the best leadership? (pretending you weren't in them already) I do but man I got burned hard recently.
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# ? Feb 25, 2021 17:08 |
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Oof, looking red again today.Mr. Pizza posted:what happens to units if you don't touch them at all through merger and everything? They're automatically split, but the when I believe depends on the SPAC. PSTH for instance automatically separated the units months ago, likely because of their unique warrant structure. But for most, they automatically split on merger. You should be able to find details on Rule 424 filings on the SEC website or else on the latest S1.
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# ? Feb 25, 2021 17:28 |
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Thanks FistEnergy, I picked up NSH, GNRS, ETAC, and BTAQ. Even cheaper today! Edit: Oh and AVAN! Joiny fucked around with this message at 17:38 on Feb 25, 2021 |
# ? Feb 25, 2021 17:34 |
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Man, I have lost 25% on DCRB and I thought that it was an absolutely fine pick. It makes me want to hold it until I at least break even, but maybe there's something I'm not seeing? Is this a piece of trash?
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# ? Feb 25, 2021 18:25 |
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MussoliniB posted:Man, I have lost 25% on DCRB and I thought that it was an absolutely fine pick. It makes me want to hold it until I at least break even, but maybe there's something I'm not seeing? Is this a piece of trash? When did you buy in?
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# ? Feb 25, 2021 18:44 |
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MussoliniB posted:Man, I have lost 25% on DCRB and I thought that it was an absolutely fine pick. It makes me want to hold it until I at least break even, but maybe there's something I'm not seeing? Is this a piece of trash? Without knowing anything other than what I can see in the chart, it looks like fairly normal post-DA drift, perhaps exacerbated by a broader market sell-off this week. The mistake may have been getting in at ~$16. You want to be in either pre-DA pop or around now in the long backslide before merger. Again, not knowing too much about Hyzon, it should pick up again closer to merger if the pattern holds.
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# ? Feb 25, 2021 18:45 |
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I got a $14,000.00 lesson in not buying premium spacs.
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# ? Feb 25, 2021 18:47 |
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drat SRNG is below its IPO price. Wish I had some more dry powder in my gambling account for days like this! Or maybe the 12 year bull run is over and I would throwing good money after bad. Who knows!
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# ? Feb 25, 2021 19:03 |
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Yowza.
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# ? Feb 25, 2021 19:03 |
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Nosre posted:Cool, thanks. Also, did we maybe blow up miners together in Eve like 13 years ago? Name has been ringing a bell. Never played EVE but we definitely played together for a while. Diablo 2? WoW? CoC? Brawl Stars?
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# ? Feb 25, 2021 19:36 |
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I think anyone familiar with Clash Royale is going to know Fist and the infamous Fistdeck. I ran that thing for way longer than I should have. Lavahound is still my most played card because of it.
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# ? Feb 25, 2021 19:39 |
FistEnergy posted:Never played EVE but we definitely played together for a while. Diablo 2? WoW? CoC? Brawl Stars? Ah yea CoC or Royale, that's it. I knew it was something heh
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# ? Feb 25, 2021 19:45 |
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# ? Jun 9, 2024 05:12 |
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Divot posted:When did you buy in? I'm so glad I posted! What I did was buy at peak after DA was announced and somehow missed it. I exited out, it was a sinking ship that I should have bailed on ages ago (or maybe not even bought). Learning is hard! Thank you so much.
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# ? Feb 25, 2021 20:02 |