SPAC & IPO Ideas

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Sanrith Descartes

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I missed catching this one on the announcement, as originally they got it mixed up with the one above.

 

Jysin

Ahn'Qiraj Raider
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PSTH struggling to get back over its 20 day moving average now ~$29.50

Need some more Ackman hype.
 

Jysin

Ahn'Qiraj Raider
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XPOA looking kind of dead here at 10.35

My 10.79 average, which I thought was nice is down 4% now. Bleh.
 

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
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XPOA looking kind of dead here at 10.35

My 10.79 average, which I thought was nice is down 4% now. Bleh.

they have an A+ management team too.

i have 300 shares but this stock hasnt done shit for me.
 

Fogel

Mr. Poopybutthole
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My 1.5 SNDL puts were assigned but the premium was .19 so my cost basis is 1.31, currently at 1.40 and I sold 2$ covered calls Mar 19 for .12
 
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Sanrith Descartes

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XPOA looking kind of dead here at 10.35

My 10.79 average, which I thought was nice is down 4% now. Bleh.
One reason I really stress to myself to buy under $11 on SPACs is that I tend to not care about percentage down (unlike everything else where its what I care about). I am at 10.60 on XPOA and I look at it and go.. meh im down 9 cents a share. I don't think AMZM even recognizes a percentage change at 9 cents down. :)
 

Fogel

Mr. Poopybutthole
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We'll probably see less and less preannouncement movement on spacs due to increased supply

 
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Sanrith Descartes

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The power of an Elon Musk tweet...

1614641138243.png



 

Khane

Got something right about marriage
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TWND not moving much in AH on it's announcement



Guessing Data Analytics isn't a space people are excited about. Especially since everyone's darling PLTR had their IPO already.

What the hell is up with their company tagline anyway? "Reimagining Complexity"? That's just bad.
 

TheBeagle

JunkiesNetwork Donor
8,740
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TWND not moving much in AH on it's announcement


$141 million in revenue next year with a $455 market valuation for something that's not in the EV or green energy space. Already down in the pre-market this morning. Feels like a dud to me.
 
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Fogel

Mr. Poopybutthole
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I'll see if there's a bump today during regular hours and will probably cut bait on this one.
 

Sanrith Descartes

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SPACs are like strip bars. The sexy dancers make all the Benjamins.

I am getting the same feel for NSH. Space based analytics. How could this not be a cool idea. /wsb says.. nah.

On the plus side, this is where you can find long term diamonds in the early stages at crazy good prices. If a SPAC runs up to $30 I will sell it for mad profit. If it sits around $11 and I like the company I might hold it through 1st earnings report to see how it looks. Spire Global sounds like a play I might consider keeping once I dig into their financials. I love high margin companies with moats.
 

taebin

Same trailer, different park
973
450
What is your average investment in all these Sanrith? There's so many out there. It sounds like you have money in about 20 different ones, and even if it's just $500 each that ties up $10k in opportunity cost for selling puts or other BTFD opportunities.
 

Fogel

Mr. Poopybutthole
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At my highest I had about 20 spacs with at least 1k in each, but with the higher saturation of new spacs I've been trimming down the amount of spacs and putting more in fewer high profile spacs like BTNB etc