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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My main issue is that this Founder group picked this company. I mean it has revenue and profit so its not a total piece of shit. But the GOOG founders thought this was the chosen one?
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Sanrith Descartes
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The main reason I havent dumped yet is there is nothing on my board so far I want to jump at with the current prices. If it had been a red day, it would be different.
Jysin
Ahn'Qiraj Raider
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Oh yea, not completely irrational here..lol. Just a tiny piece.
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Sanrith Descartes
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Since it is already sub-Nav, I dont envision it getting hammered too much more today.
Sanrith Descartes
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Sanrith Descartes
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Jysin
Ahn'Qiraj Raider
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Jam City CEO coming up next on CNBC. If there is going to be any price movement today, this would be it.
Sanrith Descartes
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Jysin
Ahn'Qiraj Raider
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CEO is a poor speaker. Fuck all price movement happening.
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Sanrith Descartes
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I think today I might prune some of my SPACs. Either outright close or trim the positions. Mayne keep 100 share sin some of the post-DA ones on the off chance they take off.
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Sanrith Descartes
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Pruned some of the bushes. Everything was minor losses as it was all bought near NAV. I wanted to up my cash for the next downturn.
Fogel
Mr. Poopybutthole
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At this rate the only spac I'm going to have left is PSTH
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Sanrith Descartes
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I closed out more than half of my SPAC positions yesterday. Kept BTWN, BTNB, GSAH and SVFA. Also kept a single 100 share position in NSH which is merging with Spire Global (a satellite data company) to see if they ever become something real.
