Official Spac Thread

[RobParks2M]

Turqi Alnowaiser
BOARD MEMBER

Turqi Alnowaiser is the Head of International Investments at the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia, one of the largest sovereign wealth funds in the world.

*from Lucid Board of Directors page*

Awfukbye. Not sure why I thought there wasn't someone in there. LOL

[Heaney]

Awfukbye. Not sure why I thought there wasn't someone in there. LOL

Hahahaha to be honest I hadn't even looked into that until your post so it was news to me as well.

[Harry362]

SRAC went on a nice run today. I think it can boom a lot higher. Anyone look into it?

damn

[Berts]

QELL looking to moon

[RobParks2M]

Today has had the weirdest movements I've seen. 5-10 absolutely mooned. A bunch of other semi-popular ones seemed to have fizzled that were <$11. Nothing too exciting unless you have one of the 10 that made big gains outta nowhere.

[MountainLion84]

QELL looking to moon

Nothing confirmed but people are speculating REE

[Berts]

Nothing confirmed but people are speculating REE

Dam, I didn't see that. Could be huge if true

[RobParks2M]

Dam, I didn't see that. Could be huge if true

I heard there was a different spac like BTAQ or something Israeli focused that mooned on rumors too...

[Heaney]

Jesus christ now a Bloomberg terminal picture is making its rounds saying on January 14/2021 CCIV formally proposed purchase of a stake in Lucid and its mooning AH.

[Heaney]

heck of a chop if true:

Obviously I don't have access to a Bloomberg terminal but there have been a couple people say its real, who knows though there's been so much fake **** posted

[Berts]

huh

It pumped 10% yesterday at one point but now fell off a cliff

[RobParks2M]

Light trading in Spacland today.

I am starting to worry about my major holdings. AACQ, CRHC, and FTOC the 3 I've got the most in & all have 700M+ in money waiting to go... Does that really limit the targets these companies can choose? Seems like there probably aren't too many more multibillion dollar companies waiting to go public via spac...

[Heaney]

Light trading in Spacland today.

I am starting to worry about my major holdings. AACQ, CRHC, and FTOC the 3 I've got the most in & all have 700M+ in money waiting to go... Does that really limit the targets these companies can choose? Seems like there probably aren't too many more multibillion dollar companies waiting to go public via spac...

They could in theory just buy a large chunk of a smaller company with the money.

[RobParks2M]

lmaoooo FTOC lets go!

Payoneer talks per bloomberg.

$13.50 currently.

I've got 400 shares.



CCIV:
likely to announce 1/25 ahead of FII (Future Investment Initiative) the giant Saudi annual tech & innovation conference. Conference 1/26-1/28---Lucid CEO spoke @2018 & 2019 events. 2020 is now due to covid. Lotta buzz/hype potentially

[Harry362]

BFT and ipoe have been good glad I held

Wish I got in Ftoc but too many spac too little time

[SavoyBrown]

Fomo'd back into SRAC 100 shares for longish term. Waiting for a dip and might pick up some December calls. Just sitting around waiting to close out some plays.. GIK, IPOF, CCIV

[RobParks2M]

Ugh.. I was just looking at FTOC this morning thinking to buy. I'm going to stop procrastinating and start positions in some SPACs besides GHIV and BFT

Thinking I'm going to take some profits and shift harder into warrants...pray 4 me lmao

[Galindo62]

In. Pls post up n coming space.

[RobParks2M]

In. Pls post up n coming space.

Literally everything overbought... except what I'm holding ayy lmao

[Galindo62]

Yes exactly. The best thing about spacs is the good value you get.
But most of the ones that people know about already are pretty high

[Heaney]

Yes exactly. The best thing about spacs is the good value you get.
But most of the ones that people know about already are pretty high

I havent looked at the recent S/P but if you can hold the stock for a bit and aren't looking for 100% gains within a week check out AVAN. I was deep warrants there but sold for CCIV.

[Heaney]

LA TIMES! Bringing CCIV back from the ore market grave single handedly lmao

[RobParks2M]

Trying to decide what to do with CCIV calls I've been averaging down on daily. Do I sell today for meager profits or do we presume DA comes Monday? I do have 3 weeks but thats nerve wracking AF lmao I was down like $1,000 on them yesterday.

I was gonna buy another 200 shares pre-market at $17.50 but my kid actually slept 4 hours in a row for once so I did too

[Heaney]

Trying to decide what to do with CCIV calls I've been averaging down on daily.

Join Harry and I in the all of nothing club haha.

[RobParks2M]

Join Harry and I in the all of nothing club haha.

lmao I definitely am. $300 shares avg $17.40 (because of buying/selling repeatedly) and $2800 in calls 5 $20 strike and 6 $22.5 strike

[Heaney]

lmao I definitely am. $300 shares avg $17.40 (because of buying/selling repeatedly) and $2800 in calls 5 $20 strike and 6 $22.5 strike

Das it! I've just been holding this whole time. Still at 6700 shares, up a little under 50%

[mulletwarrior]

Any thoughts on the SPAC ETFs that are out there? I am not allowed to hold individual securities at my job for legal reasons (access to insider info) w/out getting special approval, which I'm obviously not going to attempt to do.

With that said, I would like to get in on the SPAC game because it stands to reason that w/ all the money out there, historical patterns say that SPACs will be going up once they announce/close acquisitions (would never hold a SPAC too long though). But ETFs are the only way I'm allowed in to the game, so would appreciate thoughts.

[NoScrubz]

Any thoughts on the SPAC ETFs that are out there? I am not allowed to hold individual securities at my job for legal reasons (access to insider info) w/out getting special approval, which I'm obviously not going to attempt to do.

With that said, I would like to get in on the SPAC game because it stands to reason that w/ all the money out there, historical patterns say that SPACs will be going up once they announce/close acquisitions (would never hold a SPAC too long though). But ETFs are the only way I'm allowed in to the game, so would appreciate thoughts.

Insider info eh?

[skinnyntall]

CCIV going up. Any news?

[Heaney]

CCIV mooning so hard