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.
SPAC & IPO Ideas
- Thread starter Blazin
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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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IDK, I grabbed it thinking the merger was with Rocket Labs because the tweet was wrong. Its at 11.50 now which is only about 25 cents above my buy in. It isnt that far above NAV.
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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they have an A+ management team too.
i have 300 shares but this stock hasnt done shit for me.
Sanrith Descartes
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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.
Sanrith Descartes
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Khane
Got something right about marriage
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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
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$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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TheBeagle
JunkiesNetwork Donor
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Name of the company looks like it was thought up by a retarded mumble rapper.
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Khane
Got something right about marriage
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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.
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
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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.