Investing General Discussion

Arden

Blackwing Lair Raider
2,884
2,167
Too many SPACs, not enough companies in US to merge with:



Funny you should post this. I've been trying to get the hang of SPAC research and I'm making a list of interesting finds. Found this and thought it was super interesting:

Primavera Capital Acquisition Corporation Stock- SPACs hitting Asia? China SPAC. $414m IPO. Billionaire Dan Och invested in Primavera on 2/1. He owns 5.6% of Primavera. Can’t find the stock symbol on any broker?
 

Burns

Avatar of War Slayer
8,018
15,288
Funny you should post this. I've been trying to get the hang of SPAC research and I'm making a list of interesting finds. Found this and thought it was super interesting:

Primavera Capital Acquisition Corporation Stock- SPACs hitting Asia? China SPAC. $414m IPO. Billionaire Dan Och invested in Primavera on 2/1. He owns 5.6% of Primavera. Can’t find the stock symbol on any broker?
According to prospectus from 25Jan2021 https://sec.report/Document/0000950103-21-000914/

Probably not listed yet:

Currently, there is no public market for our units, Class A ordinary shares or warrants. We have been approved to list our units on the New York Stock Exchange, or NYSE, under the symbol “PV.U">PV.U”. We expect that our units will be listed on NYSE on or promptly after the date of this prospectus. We cannot guarantee that our securities will be approved for listing on NYSE. We expect the Class A ordinary shares and warrants comprising the units to begin separate trading on the 52nd day following the date of this prospectus (or, if such date is not a business day, the following business day) unless Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc., the representatives of the underwriters, inform us of their decision to allow earlier separate trading, subject to our satisfaction of certain conditions as described further herein. Once the securities comprising the units begin separate trading, we expect that the Class A ordinary shares and warrants will be listed on NYSE under the symbols “PV” and “PV WS,” respectively.​
 
  • 1Like
Reactions: 1 user

Arden

Blackwing Lair Raider
2,884
2,167
According to prospectus from 25Jan2021 https://sec.report/Document/0000950103-21-000914/

Probably not listed yet:

Currently, there is no public market for our units, Class A ordinary shares or warrants. We have been approved to list our units on the New York Stock Exchange, or NYSE, under the symbol “PV.U">PV.U”. We expect that our units will be listed on NYSE on or promptly after the date of this prospectus. We cannot guarantee that our securities will be approved for listing on NYSE. We expect the Class A ordinary shares and warrants comprising the units to begin separate trading on the 52nd day following the date of this prospectus (or, if such date is not a business day, the following business day) unless Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc., the representatives of the underwriters, inform us of their decision to allow earlier separate trading, subject to our satisfaction of certain conditions as described further herein. Once the securities comprising the units begin separate trading, we expect that the Class A ordinary shares and warrants will be listed on NYSE under the symbols “PV” and “PV WS,” respectively.​

Guess I'll have to keep checking. Looks like a strong option to me.
 

Jackie Treehorn

<Gold Donor>
3,102
7,890


The bullion place I ordered from isn’t even shipping for almost two weeks. Probably gonna send out for delivery the minute I go on vacation on the 10th. Silver futures down this evening, which goes to show how much sway financial institutions have over silver prices. Inconsequential to me as it’s a long term hold anyway.
 
  • 1Like
Reactions: 1 user

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
47,659
102,823
Y'all broke yet?
Trying to decide what the tendie man should bring me. Which should he bring me?



 
  • 1Like
Reactions: 1 user

Mist

REEEEeyore
<Rickshaw Potatoes>
31,802
24,488
Trying to decide what the tendie man should bring me. Which should he bring me?



Second one, that's what I'm using right now. Buy 3, they're cheap.
 

Mist

REEEEeyore
<Rickshaw Potatoes>
31,802
24,488


Whomever is running their social media marketing needs a huge fucking raise, holy shit.
 
  • 7Repost
Reactions: 6 users

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
47,659
102,823
Second one, that's what I'm using right now. Buy 3, they're cheap.
Hmmm what about compared this? Only $40 more.

 

Ossoi

Potato del Grande
<Rickshaw Potatoes>
17,906
8,786
Anyone getting out of GME as soon as they can and just taking the profit / loss?
 

Jackie Treehorn

<Gold Donor>
3,102
7,890
Anyone getting out of GME as soon as they can and just taking the profit / loss?

I don’t want to tell you what to do because this is clown world and anything can happen, but if I were you and I had any money in I’d have sold this morning. Well actually I would have sold last week, but definitely this morning.
 
  • 2Like
Reactions: 1 users

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
47,659
102,823
I don’t want to tell you what to do because this is clown world and anything can happen, but if I were you and I had any money in I’d have sold this morning. Well actually I would have sold last week, but definitely this morning.
Its now all loss porn aside from crazies who havent sold since buying in at under $10.
 
  • 1Like
Reactions: 1 user

Rajaah

Honorable Member
<Gold Donor>
13,389
19,051
Ok, first SPAC purchased. BTNB at 12.20

I grabbed BTNB at about 12.20 as well. Feels good to catch something on the low end for a change.

Gamestop value is down to 55% of what I paid for it...lul, here's hoping for another rally before noon tomorrow. This will offset all the gains I made this week in other areas, but I suppose that's why temporarily-inflated stocks are a bad idea.

Edit: I doubt it'll actually rally before noon, people are probably dumping it now. Did we beat the hedge funds at least? I feel like a mortally wounded soldier asking if the war is over yet. "Did we win, sire?"
 
  • 2Worf
Reactions: 1 users

Rangoth

Blackwing Lair Raider
1,952
2,037
I got in twice. Once early where i did well, but not big. Then i tried to make it again round 2 and lost about 300$. Thankfully still up overall but learned a good lesson.
 
  • 1Like
  • 1Solidarity
Reactions: 1 users