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FistEnergy
Nov 3, 2000

DAY CREW: WORKING HARD

Fun Shoe

he asked about vast levels of wealth, not vast levels of despair

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Untagged
Mar 29, 2004

Hey, does your planet have wiper fluid yet or you gonna freak out and start worshiping us?
buying real estate and selling to blackrock.

Jose Valasquez
Apr 8, 2005

Being born rich

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
selling drugs

G-Mawwwwwww
Jan 31, 2003

My LPth are Hot Garbage
Biscuit Hider
Selling feet pics

Shear Modulus
Jun 9, 2010



feet pic NFTs

Hadlock
Nov 9, 2004

Untagged posted:

buying real estate and selling to blackrock.

Correct answer

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
It was CRTX apparently

Pillowpants
Aug 5, 2006
https://www.statnews.com/2021/08/11/rna-firm-greenlight-biosciences-to-go-public-in-1-2-billion-deal/

Untagged
Mar 29, 2004

Hey, does your planet have wiper fluid yet or you gonna freak out and start worshiping us?
Get the feeling that $BWAC is going to show me what the failed to make a deal $10 a share redemption looks like.

Chad Sexington
May 26, 2005

I think he made a beautiful post and did a great job and he is good.

I mean, we all like mRNA poo poo now, but those revenue projections are pretty hilarious.

street doc
Feb 20, 2019


Greenlight is trash, ran by some real nobodies. Proof that biotech is in a bubble, one that will not last. They’ve pivoted at least twice already.

XYZAB
Jun 29, 2003

HNNNNNGG!!
$MUDS :suicide:

FistEnergy
Nov 3, 2000

DAY CREW: WORKING HARD

Fun Shoe
:laffo: what a blatant scam

movax
Aug 30, 2008

*pokes BTAQ and SVOK with stick*

Do something! Or at least pop up to like $10.50 so I can dump this poo poo.

Hadlock
Nov 9, 2004

I've dumped all my SPACs, rather than have them sit flat making no money, that money lives in SPY now earning me at least the annual rate of inflation. I can always buy back in if/when it finally starts to move

DeadFatDuckFat
Oct 29, 2012

This avatar brought to you by the 'save our dead gay forums' foundation.


Im just sitting on all of mine until the day before vote, and hopefully they move up enough for me to break even. Next one is twct next week

Chad Sexington
May 26, 2005

I think he made a beautiful post and did a great job and he is good.
I've still got SNPR (Volta) and that's my only one left. (And only like a ~$1k YOLO.)

Chad Sexington
May 26, 2005

I think he made a beautiful post and did a great job and he is good.
Someone outlined an interesting play on r/spacs. Because so many people are redeeming on merger these days, SPACs are winding up with really tiny floats. When that tiny float runs up against some number of shorts having to redeem, it creates a short squeeze. Just look at BLUW today for example. Closed at $10.45 yesterday and spiked to $29.50 on open.

Of course, it's a risky trade because the bottom could also just fall out post-merger and the more people become aware of the trade, the less likely the squeeze is to happen.

No way I would take the risk myself, but it's funny how piddling the SPAC cash grabs have become.

G-Mawwwwwww
Jan 31, 2003

My LPth are Hot Garbage
Biscuit Hider

movax posted:

*pokes BTAQ and SVOK with stick*

Do something! Or at least pop up to like $10.50 so I can dump this poo poo.

Svok got a da!

Their goal was to use their boxed business to...make a SaaS business. Nope!

Btaq is yet to reach a deal

movax
Aug 30, 2008

GrandmaParty posted:

Svok got a da!

Their goal was to use their boxed business to...make a SaaS business. Nope!

Btaq is yet to reach a deal

Well, I missed that… ugh. It’s just sitting there uselessly slightly under NAV.

Hadlock
Nov 9, 2004

GGPI to pop to $11.50 on Polestar (Volvo/Swedish Tesla) merger announcement, Monday morning, then crater again to 9.99 by lunchtime?

Tuesday prediction: back to $9.85 until February

https://www.reuters.com/business/autos-transportation/ev-maker-polestar-go-public-20-billion-valuation-via-spac-sources-2021-09-26/

Hadlock
Nov 9, 2004

Lmao it's already at $10.80 but none of us plebs got to get in on the land rush. I'm so loving done with SPACs

Chad Sexington
May 26, 2005

I think he made a beautiful post and did a great job and he is good.
VLTA (formerly SNPR) is up to $12+ with highs of $13 and analyst price targets of $15. That and CVII are all I have left of my year-long SPAC adventure, but at least it's one in the green so I can call the whole SPAC game a success without actually running the numbers.

I kid, but I am still well in the green both because of early successes last fall and that redemption floor.

Shear Modulus
Jun 9, 2010



anyone itt hit the jackpot by holding DWAC and getting in on the ground floor of Trump's new social media juggernaut

Lum_
Jun 5, 2006
guess who just launched a SPAC

https://twitter.com/Santucci/status/1450982968093253632

Shear Modulus
Jun 9, 2010




At this rate look out for him to start pumping GME in a couple months

Arzakon
Nov 24, 2002

"I hereby retire from Mafia"
Please turbo me if you catch me in a game.
That ain't a launch that's a TARGET ACQUIRED. Up to $10.50 AH, SPACs are BACK baby.

Uranium 235
Oct 12, 2004

Oh man I can't wait for this

https://tmtgcorp.com/company-overview/

Arzakon
Nov 24, 2002

"I hereby retire from Mafia"
Please turbo me if you catch me in a game.
DWAC at $20, SPACs are definitely back

Lum_
Jun 5, 2006

Arzakon posted:

DWAC at $20, SPACs are definitely back

hint: this is NOT one you hold.

movax
Aug 30, 2008

Wake me up when IPOF is back, $12.61 cost basis :smith:

OldSenileGuy
Mar 13, 2001
Same but for SCVX

Arzakon
Nov 24, 2002

"I hereby retire from Mafia"
Please turbo me if you catch me in a game.

Arzakon posted:

That ain't a launch that's a TARGET ACQUIRED. Up to $10.50 AH, SPACs are BACK baby.

Ive never been upset at myself for missing the boat on doing something dumb until now. All that cash I have sitting in my account after my sold Oct SPY covered puts expired not being +650% up…

Arzakon fucked around with this message at 04:10 on Oct 22, 2021

Good Parmesan
Nov 30, 2007

I TAKE PHOTOS OF OTHER PEOPLE'S CHILDREN IN PLANET FITNESS
How can spacs be back

G-Mawwwwwww
Jan 31, 2003

My LPth are Hot Garbage
Biscuit Hider

Good Parmesan posted:

How can spacs be back

They Made Spacs Great Again

PokeJoe
Aug 24, 2004

hail cgatan


the only spac i didn't abandon was CRHC and it has done absolutely nothing

Tyro
Nov 10, 2009
Terrible (but profitable) company Black Rifle Coffee is going public via SPAC.

https://www.reuters.com/breakingviews/black-rifle-coffee-spacs-are-logical-blend-2021-11-04/

Shear Modulus
Jun 9, 2010



Tyro posted:

Terrible (but profitable) company Black Rifle Coffee is going public via SPAC.

https://www.reuters.com/breakingviews/black-rifle-coffee-spacs-are-logical-blend-2021-11-04/

imagine being these guys and thinking you're about to strike gold by giving conservatives an outlet to invest in that owns the libs and then trump himself sucks all the oxygen out of the room literally days before you get to cash in

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FistEnergy
Nov 3, 2000

DAY CREW: WORKING HARD

Fun Shoe

Tyro posted:

Terrible (but profitable) company Black Rifle Coffee is going public via SPAC.

https://www.reuters.com/breakingviews/black-rifle-coffee-spacs-are-logical-blend-2021-11-04/

It was an excellent Day One trade but I wouldn't buy in now.

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