Sanrith Descartes
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SPAC & IPO Ideas
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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Sanrith Descartes
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I keep looking at CCIV and wondering if there is a price I would actually buy back in. I mean NKLA and HYLN still trade above $15.
Khane
Got something right about marriage
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Lucid at least has a real vehicle that people have actually test drove.
Sanrith Descartes
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Jysin
Ahn'Qiraj Raider
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Coinbase had a presser back in December on a direct IPO listing. Goldman Sachs was tapped to handle the financials.
This is where internet kids got their wires crossed and started seeing the GSAH (Goldman Sachs Acquisition Holdings) acquiring Coinbase rumors on the net and its subsequent price action. This was never the case though, so those doing their diligence reaped the spike in GSAH. Happy to let it fall back to earth again to reload for the 3rd time around.
Dated Dec 17th.
The Coinbase IPO is coming, according to SEC filing
Coinbase has sent draft registration to the SEC, leaving a future IPO in the commission's court.
cointelegraph.com
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Rajaah
Honorable Member
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Coinbase had a presser back in December on a direct IPO listing. Goldman Sachs was tapped to handle the financials.
This is where internet kids got their wires crossed and started seeing the GSAH (Goldman Sachs Acquisition Holdings) acquiring Coinbase rumors on the net and its subsequent price action. This was never the case though, so those doing their diligence reaped the spike in GSAH. Happy to let it fall back to earth again to reload for the 3rd time around.
Dated Dec 17th.
The Coinbase IPO is coming, according to SEC filing
Coinbase has sent draft registration to the SEC, leaving a future IPO in the commission's court.
I just bought GSAH this morning at 12.50 or so. Is it about to drop a bit? I seem to have not-very-good timing with buying/selling, except for CCIV and BTC.
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I've been holding HYLN for what feels like months when you mentioned them recalling their warrants and it going to 20. I'm good about holding but..... might cut bait if it ever pops above 22 again. Or are they a real company with a real future, warranting a longer hold?
Sanrith Descartes
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They are a real company. Thier big issue I believe is their are losing their 1st to market advantage. lots of people beginiing to fill the space.
Sanrith Descartes
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Kiroy
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Sanrith Descartes
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Ahh yeah. SPACs down in the sub-$10.50 range. Now we are in my neck of the woods.
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Sanrith Descartes
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Sanrith Descartes
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That face you make when you see your SPACs are down like 4% and then realize that is only like 50 cents because you bought them near the $10 NAV.
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Sanrith Descartes
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Closed out my $22.5 strike PSTH puts for about 80% profit. It was a guaranteed close at a nickle at some point, but I wanted to free up the cash collateral to use elsewhere (probably around 3:51 today if my hunch is correct).