T O P
userscren5

It did not go past $6


djpitagora

GIK and FIII are huge disappointments. A DA didn't move the market at all. As if it doesn't matter :|


MaxAlpha100

BTW this morning LFTRW showed up on Etrade - no volume or stock traded but the symbol is showing which was not there Friday.


Lepoof2020

Really gik


Upbeat_Control

Oof


[deleted]

The only constant seems to be BFT going moon. In the meantime, SSPK went from $10 to $14.40 to $12 in just a matter of days. Yay volatility!


esl253

Here comes the Monday sell off


AluminiumCaffeine

TDAC and THCB being given the chair this morning


WSD926

WHAT WOULD YOU DO WITH $10K to invest? Looking for a short term play....currently own APXT 500 @ 10.75 HCAC 500 @ 11.30 (selling this week) GIK 360 @ 12.25 TDAC 200 @ 12.14 THCB 200 @ 12.30 looking at BFT, GHIV, FIII, CFII????


AluminiumCaffeine

I would have said DMYD but it looks like it might moon today, so GHIV, VSPR, and CFII are my top choices for closer to nav plays


WSD926

Thanks...not familiar with VSPR...I'll take a look.


Fit-Mycologist-6951

GIK back to the $16s today baby


djpitagora

did it move in after market? I don't see any spikes up during the day


Upbeat_Control

Rip


danarchy24

I'm a good guy. What's up with discord change? Wont let me get in with new link on android.


xiaobao12

Is there a discord for this subreddit?


AlwaysBlamesCanada

Anybody know anything about CCX? It’s merging with Skillsoft, and will also acquire a small IT company Global Knowledge Training LLC. Merge set for Q1 ‘21. Leadership is Michael Klein, ex CEO of Citigroup. Question is, why is it trading at NAV with a DA? The market apparently doesn’t like the target, wondering why.


Upbeat_Control

Shit deal. Michael Klein’s second one in recent memory.


AlwaysBlamesCanada

It only caught my eye cause it has options. Clearly should stay away though


random-notebook

Maybe because they just went bankrupt in June?


AlwaysBlamesCanada

That would do it!


Upbeat_Control

What the fuck is wrong with QELL? If this shit hits $14 on Twitter rumors I’m dumping it lol


j4msh564

Big premarket movements to recover from friday


gotfelk

BFT looking good


eerfdd

Just saw a 'spac gang' post on WSB.....Close up the shop boys, this shits over haha


Fit-Mycologist-6951

GIK all in. That’s on facts.


mcoclegendary

GIK is maybe my favorite play atm. I think the fact that they also do EV charging is going under the radar, and the market seems to love anything related to EV charging - see SBE, BLNK, TPGY


[deleted]

$20 EOD! 🚀🚀🚀


Upbeat_Control

Lmao no


[deleted]

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maejsh

Saxo


[deleted]

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mcoclegendary

GIK, FIII, GHIV gang checking in


Kowloon72

What's you avg price?


emkendrilama08

Should I take money out of PIC and buy BFT and HCAC more, and then reinvest in PIC later?


Upbeat_Control

HCAC way too expensive right now IMO...


jokull1234

If you think BFT and HCAC will get you a better return than PIC, then you should definitely do it. If you think PIC is a better pick, then you should stick with it.


ozilll10

Thoughts on PIC falling post merger? I’m looking to exit at 26-30 and I doubt it’d reach that pre merger


Sand_Accomplished

Karmalizing: It may be time to hire another mod or two. I can't imagine how rough your job is here, but every 2 months this sub goes apeshit and we are squarely in the feces right now.


jokull1234

Put the u/ in there if you want them to get notified of your comment.


ChocoBoy50

Do you get $10 per share in case a SPAC doesn’t merge after 2 years?


[deleted]

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ChocoBoy50

Oh ok. Have you gone through this process?


[deleted]

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ChocoBoy50

Oh ok thank you for your help!


SBtroutbum

Can you go into a dominoes and order?


FistEnergy

BFT GIK GHIV are all getting a lot of play on WSB. It's making me optimistic for tomorrow.


[deleted]

I went all in on BFT at 12.90 for 1540 Shares


[deleted]

Man, I just got $1000 at $12.10. Making me regret it :(


Upbeat_Control

Never regret gains


[deleted]

Just FOMO talking. :)


AlwaysBlamesCanada

You mean regret not getting more?


[deleted]

Yeah, I meant this. Me type English real good...


series-of-tubes

**$NGA**: I'm sitting on 1575 commons at $15.75. Should I be worried? *My minds telling me no, but my body...*


GullibleInvestor

It'll run probably shortly. Other SPACs are hotter right now though.


SharonaCyrus

You guys holding FEAC through merger or selling right before 12/16 merger meeting?


paxnjackson

I took my profits on warrants, close to 80% move in two weeks. But Morgan Stanley bought more shares last week. Since they are a minority owner I’m pretty sure that had to be disclosed right away.


SignalsInStars

If I buy options on a SPAC through Robinhood with an expiry that happens after a merger, will the option contract automatically convert to the new ticker? I’m a new to Spacs.


DKNG-STONK

Yes


[deleted]

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dudeitsadell

NO


Lepoof2020

What are we doing with psth these gains are pretty ridiculous I’m tempted to sell buy a dip


FistEnergy

...what? PSTH has traded sideways for weeks and hasn't done anything notable yet. Did you mean a different ticker?


Sandcrypto

Should have bought in at NAV


issaaaathroway

Well it is up about 30% on no announcement. I don’t think it will drop though. A lot of hype


FistEnergy

Yes it's overinflated on no news. But by no means are the gains Ridiculous. You made it sound like it suddenly pumped to 50 or something.


djpitagora

30% for a few months of just keeping the money there is a bit ridiculous if you think about it. AND no news :-)


issaaaathroway

I’m not the original poster lol. But everyone has different strategies for SPACS. If they get a decent % return they may just move on to the next


Lepoof2020

Loading up on gik tomorrow expecting $15-16 range soon


NotMe357

To da moon!


asdfdesss

Yea, it’ll run up as PIC climbs a bit higher too


FistEnergy

Yes Please


option-lord-420

BFT finna moon tomorrow 👀


GordonGekko362

Big


Kowloon72

Fucking


jl5892389621

Tendies


FistEnergy

Yes Please


newintown11

Any opinions on AJAX , AGCU, XPOA, CMLF and HAAC? Can't find much out there, all pre LOI but great management teams.


Quatto

Forgot that CFII exists and has a def agreement


[deleted]

My guess for tomorrow: red day in SPACland despite a green market. Anyone up for a friendly wager? Winner gets to pick any SPAC, pre or post announcement, and loser has to buy 50 shares (edit: negotiable before bet) of it to hold for 3 months minimum. No accounts under 1 yr old. I'll take up to 3 bets. Edit: nits Edit2: I was right! Thanks for the downvotes anyway.


nodirection12

i would love a red day to snag some of the ones I was able to do some DD on this weekend that NGA and LGVW would love to get both cheaper so hope ur right


DKNG-STONK

Not interested in the wager. But bft is definitely going to be green tomorrow. Not sure about spacs in general, but there’s one that’s guaranteed to be green for what it’s worth.


[deleted]

Just yesterday I was bashing BFT bc of their weak projected revenue growth, but today heard about what Foley has done with past companies. Fk...


SPAC-ey-McSpacface

Agreed. I am not impressed with PaySafe's financials in the least. It's a fixer-upper turnaround story. Though some sales trader on CNBC has been promoting it so who knows what happens short-term.


DKNG-STONK

Yeah - for sure. Foley is legit. But the run up tomorrow will be because of the CNBC “triple up” comment.


[deleted]

Yeah, I meant that it seems like an actual good post-merger hold but not at whatever price CNBC will rocket it to.


arthursbreadshop

Thinking RMG pops post merger?


ChristmasAllYear

I’m a massive bull on RMG from the start (as well as QS - though I’m cutting out the rest of my QS stock tmr) - been in since 10s. I wouldn’t be surprised if RMG runs as hard as QS - and IMO still under the radar in this sub and WSB. RMG has contracts signed to provide batteries starting 2021 for multiple global companies (albeit one contract to sell batteries is to Nikola but I don’t really care for that, revenue for RMG), strong partnership in a JV with a reputable and global company. Check their inventor slide deck. Company engineers and leadership are filled ex Tesla, ex Space Ex https://www.benzinga.com/node/17786872 Batteries are better than microvast rn. https://m.imgur.com/a/TiAsn3F ^ quantscape is not on that well because, they have nothing until 2024 more or less. I’m holding stock, warrants, and may 2021 calls, full disclosure. Averaged up at 14. https://www.barrons.com/press-release/romeo-power-technology-leading-provider-of-battery-technology-to-the-commercial-ev-market-to-list-on-nyse-through-merger-with-rmg-acquisition-corp-01601894131?tesla=y&tesla=y Their R&D Has been insane, massive plant in USA. They’re the leader for EV lithium Batteries and will be for commercial EVs.


undrtow484

Sure hope so. I sold QS at 45 and it was painful watching it hit 80.


[deleted]

I’m Ron Burgundy?


heywhathuh

Thoughts on HYAC? It’s below NAV...... risk free lotto ticket or hot garbage?


FistEnergy

Convenience store merger from an unproven team. Hard pass.


[deleted]

Anyone buying CIIC warrants on dips and planning to long hold until it breaks through $10?


Torlek1

Me. However, I will enter either in the New Year or just before. Let the stock and warrants keep on bleeding.


12and24

I thought they would be flying with the stock price consistently over 30... SBE warrants are over 11. I may hang on past 10 tbh


bubs202

Looking for new positions on Monday, can’t decide between GIK, BFT or dmyd


AluminiumCaffeine

Dmyd is my fav right now, but i have positions in all three


Studlybunz

All these will be up in pre market


OBI42069

hey boys, kings back


FistEnergy

who?


MassaOogway69420

FUCK YEA KINGGSSS BACKKK


thalassamikra

Let's say hypothetically the PSTH target is either Bloomberg or Fidelity. Given what happened with the ABNB and DASH IPOs there's no way this gets done at a lower multiple - the valuation would already be quite rich right away. How much upside can we possibly expect then?


SPAC-ey-McSpacface

There is 0% chance Fidelity is going to go public via a SPAC.


DKNG-STONK

Agreed, Ackman has a tough task. I sold half my psth when I was up ~20%. It’s run up too high for a pile of money, imo. Better plays with other spacs imo.


thalassamikra

Honestly I don't know how Ackman can deliver the upside that so many people are hoping for. Because he's going for a segment of private companies that can happily go the IPO/DPO route, unless Ackman really sweetens the deal. The kind of perfection that Ackman wants - great cashflow, growth, COVID-proof - that doesn't come cheap at all. Hoping that such a company will double instantly in public markets is assuming they leave lots of cash on the table. I don't see how that can happen. I bought PSTH when it first IPOd. Sold for a profit. Bought back just before the Stripe hype and sold when it went to $27. Agree with you - other SPACs are better plays


SPAC-ey-McSpacface

That was my thought process when I sold PSTH twice (as well selling the overpriced warrants).


thalassamikra

Yeah I think it's for the best. The warrants are already pricing in a commons price of nearly $32 - that's fairly risky.


SPAC-ey-McSpacface

You mean ~60% above NAV is risky?!?!?!? /s


CielSchwab

No one can predict how it will perform.


Mousietrix

Holding SBE at a loss (Sold for profit and rebought), the merge with chargepoint happens on Tuesday. Was planning to get rid of it pre-merge even at a loss, but slowly being convinced to hold through the merge by youtube videos because I don't really know what I'm doing. Is there anybody else holding through merge? edit: apparently the merge isn't this Tuesday


bull4lyfe

Hold. Its going to $100.


[deleted]

Does it happen on Tuesday? I thought they extended it. Edit: It’s set to happen Q1 2021.


Mousietrix

I didn't know that! Thanks for the update


FistEnergy

I never hold through merger.


Telgie

Is there a particular source that you guys follow for the latest SPAC merger news? Some folks mentioned a few twitter accounts in prior posts but I can't seem to find them again.


mempho_to_diego

just follow this sub ... but mostly, when reuters seem to break something, its always a good thing.


[deleted]

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[deleted]

no


Reuslan

Getting GIK and GHIV tomorrow


asdfdesss

Both seem good at current price. I expect GIK to gap up a bit. GHIV should continue its steady grind.


[deleted]

Loaded up on both. Let’s get that paper.


FistEnergy

Good man, best of luck 🙏


theasteve

GIK to the moon


iTroLowElo

This weekly thread is getting too massive to track anything. Any chance mods can change it to a daily thread?


druglifechoseme

Ok boomer. All you have to do is check it every 30 mins


mempho_to_diego

i also think we need to move to a daily.


kakkesugi

Or at least separate the weekday/weekend thread


james00543

Who else still have SRAC?


justme129

Me. Bought at $10.75 for a small position. Will most likely sell half when it hits $20. However, the stubborn side of me says I should keep it though, haha. I still see lots of potential for it...lol.


james00543

Alright alright alright ! What else you got ?


Quatto

Sold my swing but keeping a longer term position


FistEnergy

I had em in November.... definitely too rich now


james00543

Welp time to trim my position. Still believe in them though. You still got any ?


heywhathuh

I’m holding until January at least. They have a launch some time that month. Could be huge in my opinion


FistEnergy

Nope I sold before the pop. So it goes.


bubs202

Not waiting for the pre merger hype?


jl5892389621

DCRB


SharonaCyrus

Thoughts on OAC?


Studlybunz

Better than that vspr garbage reddit folks seem to like


AluminiumCaffeine

Evidence of that? Have you done dd on hydrafacial and hims? Or are you just bloviating opinion?


FistEnergy

I'm interested. 11.89 is a still a good entry price. If it's flat or especially if it dips, I'll look into picking some up tomorrow.


Owl0fMinerva

Holding OAC long with $11 entry. Solid telehealth/delivery company with expanding services. Fills a necessary gap in our broken healthcare system with target of younger audience. Look at the investor deck.


BadPandaNoDonut

I don't see JIH mentioned on here much anymore. They have been around enough that they are likely to be coming up on a target. Anyone looked at JIH recently?


FistEnergy

They're on my radar. The problem is, I don't have a reason to trim APXT/BFT/FIII/GHIV/GIK right now. So the opportunity cost is too great with nothing concrete on the horizon. They're on my list to potentially grab, along with FUSE/GSAH/IPOE/IPOF/SNPR/SOAC. Maybe on the next mini SPAC crash.


vancvanc

Warrants have been on a tear lately


smartchamp22

Why do you think JIH is a good choice? Can you elaborate?


BadPandaNoDonut

Solid management and they have been around long enough that they must be closer to a target than all these new spacs that split in the last month. Still near NAV.


djpitagora

they've around for over a year with no target and are in the industrial sector. Doesn't sound to exciting


druglifechoseme

Anything that has been out over a year and still close to NaV with quality management is fucking sexy as hell. Boneriffic. Guaranteed lottery ticket!


druglifechoseme

This


bluerise1

What about GHIV ?


Studlybunz

What about it


MassaOogway69420

keeping considerable position in thcb and gik, but taking profits on monday, and shifting money to vspr, fuse, snpr, and thca


james00543

Not waiting for the DA on THCB ?


[deleted]

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james00543

Hmmm ok yah makes sense. I’m thinking about getting out of SRAC and THCB too since I got them super close to NAV. isn’t APXT already kind of far from NAV though ?


ComputerTE1996

APXT is one of the most solid mergers right now, actual revenue and growth, long term Microsoft partner


SubstantialTent

Would you still recommend THCB? Think they are going to get that DA after all?


ComputerTE1996

Maybe but there are other better plays


BigChillin813

Any suggestions to check out? Or just go all in on a p x t


ComputerTE1996

I'm mostly in a p X . Maybe buy call on r m g before its merger but it's more risky


[deleted]

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spreadlove5683

I hear a problem with SPACs (ie VITQ / NKLA) is that sometimes there is an enormous amount of restricted shares that end up being later introduced into the float, thus diluting the share price. Do you know what percentage of the post merger shares the current APX shares are going to be / what sort of timeline there is for restricted shares to join the float? And if you are feeling generous, do you know how this works with traditional IPOs? I hear there is normally 20% restricted and 80% unrestricted shares with a traditional IPO, is this even true, and at what point does this 20% become unrestricted and start diluting the share price?


BigChillin813

Ok. Willing to give out your PT on N G A short term? I would love to see above 25+ similar to other companies like it


BlueberryTime999

Will you hold post merger?


ComputerTE1996

Some


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ComputerTE1996

Buy the dip lol


james00543

Gotcha. What’s your thoughts on LGVW? Still a good buy ?


[deleted]

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james00543

Ah ok I have a small position in APXT rn, thanks for the insight.


thefronk

Haven’t seen anything on SCVX here. Pretty solid leadership team with some good experience.


Sand_Accomplished

How can you take them seriously after you visit their website? It's like an early 2000's MySpace page.


thefronk

Eh idk, I’m getting more of a “hacker, underground internet” kind of vibe. Definitely weird for a SPAC but I can see where they were going with it for the cyber security target. Funny enough, I actually found it a plus. The design seemed intentional (whether you like it or not) instead of most boring corporate SPAC stuff. Definitely not for everyone but that’s fine. I’m not going to not invest in a SPAC because of website design lmao.


vandelayweb

I picked up some relatively cheap warrants on this one. The team looks interesting.


AnthonyEin97

Why is this getting downvoted, I’m a fan of scvx as well, fantastic management


thefronk

Yeah idk with this sub anymore lmao.


Marshmallowmind2

Nga - too late to get in now for the pre mergrr spac pop? Reading the dd"s here it sounds like it'll be a good long term hold but have the biggest gains been with this now for the next few weeks?


druglifechoseme

It could dip or it could run like SBE. My vote is the chart will follow SBE like chart


nodirection12

yeah wait for a dip i got I got in at 14.7 on friday which i dont recommend for SPACS way too high but im willing to hold through if it goes to 12-13 since im condifent it will see amazing gains even if EV cools down it will heat up again and this will see an irrational SBE/DPHC type run to 30-40.


DoctorTobogggan

Dumb question but google wasn’t helping answer it: what does “DA” mean? Something announcement? Or “direct acquisition”?


jokull1234

Definitive Agreement. LOI is letter of intent, btw.


DoctorTobogggan

Thanks for both


Noah0135

Definitive agreement


DoctorTobogggan

Thanks!


pfazel

best nav spacs?


jokull1234

spactrack.net


Kelanfarx

I am so overleveraged in HCAC and BFT for tomorrow going to make so much tendies please send help


FistEnergy

Agree with BFT.


sergeantturnip

people are going to be looking to lock gains, I dont think it's a true guarantee moon day