Official Spac Thread

[Heaney]

If Velodyne announces a contract with Fisker I'll see y'all on the moon.

[MountainLion84]

Here's one I'm thinking of. From the team that did CCH/UTZ, they have a new spac called PCPL. Looks like warrants/units/shares are dirt cheap and not posted on stocktwits yet. But would probably be a longer hold.

https://www.prnewswire.com/news-rele...301048496.html

https://cc.capital/

I’m watching this one closely, currently have shares/warrants with CCH which is probably the most reliable pre-merger SPAC out there.

[meteoraniac]

opesw, lhcw and spaqw crew checking in

first two seems like a bust to me, spaqw though has 5x from where i bought

currently looking at anda and gix

bmrgw might be one to look out for if it dips below 1.5

[ajctennis]

Anda and gix seem risky. Yes the prices are low but isn't anda focusing on a company in south america? Doesn't sound too marketable/hypeable. And then Gix, their team/results seems very mediocre/ haven't done much. That's my worry with those two.

opesw, lhcw and spaqw crew checking in

first two seems like a bust to me, spaqw though has 5x from where i bought

currently looking at anda and gix

bmrgw might be one to look out for if it dips below 1.5

[meteoraniac]

Anda and gix seem risky. Yes the prices are low but isn't anda focusing on a company in south america? Doesn't sound too marketable/hypeable. And then Gix, their team/results seems very mediocre/ haven't done much. That's my worry with those two.

i dont disagree with your points. i have slightly more confidence with anda than gix, with the former team having made successful mergers in the past.. not going to be a long hold for sure (target 2-3x and im out).

[Heaney]

CCXX names their target, MultiPlan, health insurance 11 billion deal.

https://www.marketwatch.com/story/mu...E5zJdp0RHvjaYU

Warrants will be over 5 when the market opens now. Fuk sakes why announce sunday night

[ajctennis]

Should be interesting to see what number it hits. It seems that sentiment is mixed right now for Multiplan.

Warrants will be over 5 when the market opens now. Fuk sakes why announce sunday night

[Heaney]

All other SPAC warrants are going to sympathy spike now too (at least the ones about to name targets).

Hope so hahaha this graf bag is getting heavy boyo. Stocktwits and reddit seems to be catching on to the warrants being 4:3 now though so I can definitely see them aligning better with intrinsic value this coming week.

One thing I was wondering is if theres any way graf can fuk us and return the warrants to 2:1 with some sort of bs filing though.

[IronILLinois]

anyone into BMRG?

[wampa]

SPAQ/Fisker up to 20s premarket.

Yeah buddy! I got in on Friday and will probably grab more today.

[Heaney]

SPACs blowing up pre market will be interesting to see what sort of 930 dip occurs.

[topperstyle]

Is it too late for spaq

[Heaney]

Is it too late for spaq

Probably best to wait for a pullback

[nickh04]

LHC is finally moving of course after everyone bails lmao.

JFL. glad I held strong.

put a stop loss at 11.15 though, these SPACs have been exhausting. I'm looking to trim a few of them if i can

[topperstyle]

I still have feac but don’t know why lmao anyone have any info?

[adamsz]

currently bag holding:

LCA 1600 shares avg price 14.22
LCAHW 6800 shares avg prices 4.47
OPES 890 shares avg price 15.54
OPESW 4750 shares avg price 3.58
SHLL 785 shares avg price 27.78

goofed hard buying bulk of the shares near the top, but have been buying every .50 or so on the way down. Still my avg share price is pretty chit, feelsbadman.

As of today down about 7k on the LCA stuff, down $900 on the OPES stuff, and up $2300 on SHLL. Saving this for future reference lol.

[Heaney]

currently bag holding:

LCA 1600 shares avg price 14.22
LCAHW 6800 shares avg prices 4.47
OPES 890 shares avg price 15.54
OPESW 4750 shares avg price 3.58
SHLL 785 shares avg price 27.78

goofed hard buying bulk of the shares near the top, but have been buying every .50 or so on the way down. Still my avg share price is pretty chit, feelsbadman.

As of today down about 7k on the LCA stuff, down $900 on the OPES stuff, and up $2300 on SHLL. Saving this for future reference lol.

Don't feel bad I have 7K @4.25 GRAFW and that's 95.23% of my trading account lmao

[chino3]

currently bag holding:

LCA 1600 shares avg price 14.22
LCAHW 6800 shares avg prices 4.47
OPES 890 shares avg price 15.54
OPESW 4750 shares avg price 3.58
SHLL 785 shares avg price 27.78

goofed hard buying bulk of the shares near the top, but have been buying every .50 or so on the way down. Still my avg share price is pretty chit, feelsbadman.

As of today down about 7k on the LCA stuff, down $900 on the OPES stuff, and up $2300 on SHLL. Saving this for future reference lol.

Is your OPES figure based off realized profits? Because 4.7k warrants down 40% is more than $900 down...

[adamsz]

Is your OPES figure based off realized profits? Because 4.7k warrants down 40% is more than $900 down...

it's all based on my YTD profits because I've bought in, sold, and then re-bought in. So after they finalized their deal I sold all the OPES stuff for example and I was up 7k. then I rebought in and it's dropped.

[chino3]

it's all based on my YTD profits because I've bought in, sold, and then re-bought in. So after they finalized their deal I sold all the OPES stuff for example and I was up 7k. then I rebought in and it's dropped.

Gotcha. Looks like the warrants are moving. Someone on reddit posted a presser of some sorts https://www.reddit.com/r/SPACs/comme...tm_name=iossmf

[Heaney]

OPES just had a nice climb and then fell off a cliff. How you holding up Harry

SPAQ falling out of the sky now too. Looks like the 2 most consistent SPACs right now are GRAF (19-20) and SHLL (25-27)

[ajctennis]

Just pulled the trigger on CFFAW. Not entirely sold on HCAC yet but we'll see what happens with CFFAW.

[hamburgerbread]

OPES just had a nice climb and then fell off a cliff. How you holding up Harry

SPAQ falling out of the sky now too. Looks like the 2 most consistent SPACs right now are GRAF (19-20) and SHLL (25-27)

Im chilling. Can't wait to pick up opes sub $10.

[Heaney]

RIP to all the SPACs today. Another Monday spac massacre

[hamburgerbread]

RIP to all the SPACs today. Another Monday spac massacre

I'm loving it!! need OPES to hit below $10 them I might pick up 10 shares.

[Heaney]

I'm loving it!! need OPES to hit below $10 them I might pick up 10 shares.

Lol

[Harry362]

OPES just had a nice climb and then fell off a cliff. How you holding up Harry

SPAQ falling out of the sky now too. Looks like the 2 most consistent SPACs right now are GRAF (19-20) and SHLL (25-27)

I’m still holding. They posted articles about record delivery numbers so still being patient 4200 warrants 250 shares

[topperstyle]

Oof

[MountainLion84]

RIP to all the SPACs today. Another Monday spac massacre

CCH went up

[Heaney]

CCH went up

Potato chips are the only covid immune SPAC