Thread: Official Spac Thread
07-13-2020, 05:07 PM
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#61
07-13-2020, 05:16 PM
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#62
- Heaney
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Originally Posted By ajctennis⏩
I've honestly debated just going 100% in and spending my last 1100 on more grafwMan, wish I had more cash to buy SHLL and GRAF. Those were some sexy dips.
07-13-2020, 05:33 PM
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#63
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May as well, it's not that much more cash to add in. But may be awhile before it pops. Has a lot of catalysts coming though.
Originally Posted By Heaney⏩
I've honestly debated just going 100% in and spending my last 1100 on more grafw
07-13-2020, 05:55 PM
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#64
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Originally Posted By ajctennis⏩
I've planned on holding until merger anyways, its amazing the lack of stress just resigning myself to holding and not constantly checking my phone like I was doing with penny stocks has brought. I've just been trying to work on an exit plan if I end up wanting to exercise the warrants tbh.May as well, it's not that much more cash to add in. But may be awhile before it pops. Has a lot of catalysts coming though.
07-13-2020, 07:18 PM
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#65
- RobParks2M
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I've held off averaging down on OPESW, but the time is coming methinks. $1.91 kinda sucks, but I think once I've tripled my position and having the potential to triple it again if it goes to $1-1.50 should be fairly safe. Realistically it doesn't make sense to hype it/pump it up now when all food chains are hammered down -60% or worse, but IMO the corner will be turned when people see the expansion via ghost kitchens during COVID and physical presence once the viral scare is over.
I'm not certain that SPAC hype is gonna power BFI into any crazy pumps, but it seems like a solid growth company going forward.
I'm not certain that SPAC hype is gonna power BFI into any crazy pumps, but it seems like a solid growth company going forward.
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07-13-2020, 07:24 PM
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#66
- luckyboy23
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Holding;
OPES 300 shares
FMCI 500 shares
GRAF 1000 shares
LHC 2000 shares
I believe in GRAF the most.
OPES 300 shares
FMCI 500 shares
GRAF 1000 shares
LHC 2000 shares
I believe in GRAF the most.
07-13-2020, 07:31 PM
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#67
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Originally Posted By luckyboy23⏩
Welcome to bag holders anonymous, we are a kind folkHolding;
OPES 300 shares
FMCI 500 shares
GRAF 1000 shares
LHC 2000 shares
I believe in GRAF the most.
OPES 300 shares
FMCI 500 shares
GRAF 1000 shares
LHC 2000 shares
I believe in GRAF the most.
07-13-2020, 07:32 PM
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#68
- RobParks2M
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Originally Posted By luckyboy23⏩
Why hold shares when companies have announced their mergers are 100% happening?Holding;
OPES 300 shares
FMCI 500 shares
GRAF 1000 shares
LHC 2000 shares
I believe in GRAF the most.
OPES 300 shares
FMCI 500 shares
GRAF 1000 shares
LHC 2000 shares
I believe in GRAF the most.
Originally Posted By Humungus⏩
Sales soaring from incredibly low to just plain ol' low isn't that great. It won't knock too much competition because Mcdonald's and the like still have their drive through. I agree they are doing better than certain other peers that aren't fast food, but you have to consider many will opt for fast food in lieu of quick sit downs.Not sure if you caught it but BurgerFi announced today "June delivery sales soar 65 percent." Covid will actually knock out a lot of their competition. Obviously not in the best space right now but they seem to be better situated than most and could be sitting very pretty post Covid.
I like having warrants knowing they are good till 2023. I've got time to wait

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07-13-2020, 07:37 PM
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#69
07-13-2020, 07:48 PM
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#70
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Originally Posted By Humungus⏩
I just looked at HOFV as well. LMAO I have no clue how I dumb lucked into a 100% profit on their warrants early, that one is a trainwreck.Hit 22.99 pre-market and gave almost the entire gain back.
SPAC premarket today was lit, GRAF was at 21 and SPAQ was in the low 20s too. Pure market manipulation with these lower volume guys
07-13-2020, 07:48 PM
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#71
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Originally Posted By Humungus⏩
I've mentioned before in the main investing thread, but pre-market doesn't mean chit srs. Volume is usually so low it hardly takes anything to inflate or deflate values in a big way.Hit 22.99 pre-market and gave almost the entire gain back.
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07-13-2020, 07:51 PM
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#72
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Originally Posted By RobParks2M⏩
Yeah I pay attention to GRAF mostly and it literally moves like 0.50c at a time because of the shiet volume. Went from 21 bucks to 19.50 in like 10mins today PM. One of my biggest lessons that I've learned the hard way is don't buy pre market because the SPACs almost always dip at open.I've mentioned before in the main investing thread, but pre-market doesn't mean chit srs. Volume is usually so low it hardly takes anything to inflate or deflate values in a big way.
07-13-2020, 08:00 PM
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#73
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Originally Posted By Humungus⏩
VTIQ was lucky to have the tesla hype AND no other SPACs to compete with at the time. I think SHLL has the best chance at hitting 60+ with GRAF next probably around 40 at IPO. SPAQ to me is a huge wild card, Fisker does have a stink on them despite it being technically a different Fisker now, they're gonna have to earn some buyer confidence. Could see SPAQ hitting 100 but could also see them being a bust. One last lol for "vegan interiors".Well it does if you're able to unload at those levels. And it's worth noting that SPACs almost always pump and dump. Everyone is trying to hit on the next NKLA, only SHLL has come close. Gonna be interesting if any of these sustain and rally post ticker change.
Yep, most of them levitate in extended hours then give it back at the open.
Yep, most of them levitate in extended hours then give it back at the open.
07-13-2020, 08:17 PM
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#74
- luckyboy23
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Originally Posted By RobParks2M⏩
Good question. I guess I should move brokerages because RH doesn't play warrants.. I'm not your typical RH user.Why hold shares when companies have announced their mergers are 100% happening?
Other than OPES which is the only bag I'm holding. Why not hold shares for the other companies? Is it riskier? I truly believe GRAF/Velodyne will moon, the others I'm not 100% on but will still make money.. I've already flipped FMCI/GRAF several times for a profit.
GPAQ I was lucky to dump as soon as the market opened upon merger.
07-13-2020, 08:18 PM
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#75
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Originally Posted By Humungus⏩
Poor HOFV if there is another shutdown, it will become a penny stock.Also absolutely perfect timing as far as overall market goes. Climbed into 20s with early market recovery then exploded near 100 as everything started bubbling, especially TSLA. That's my concern with these current SPACs, they're gonna get hammered if market pulls back on election fear or re-shutting down fears. EV bubble has to burst soon, there's just no way this keeps going for much longer. Feels like a race against time, need more of these SPACs to change tickers ASAP and stuff like CFFA/HCAC/TRNE/FEAC to name their targets before market turns.
07-13-2020, 08:38 PM
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#76
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Originally Posted By Humungus⏩
SPAC market is so diluted right now I'm kind of glad I'm long on the one I chose. Wish I had of spread it over a couple but I had previously scalped SHLL.WS on the way up but gawd damn am I red right now haha.Yeah I shorted that POS but had to cover because their CEO was speaking at some e-sports thing. Funny thing is if they ditched all their plans and pivoted to e-sports they'd probably moon. Also covered LCA warrant today reluctantly. It's hard to stay short in these things because of headline risk. LCA will be a single digit stock imo post merge; every casino will release their own gaming platform. Golden Nugget is bottom of the barrel and the structure of that thing is hideous.
07-14-2020, 07:39 AM
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#77
07-14-2020, 07:46 AM
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#78
07-14-2020, 07:54 AM
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#79
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Originally Posted By game1990⏩
Eventually it will pop, and at least at that point you can get back some loses even if you don’t turn a profit.im down 30% on my OPES. cot dam its literally bleeding 1% a day. haha i think ill give in and sell soon
Diamond hands. I’ve seen some professional instigators on stock twists and yahoo trying to drive the price down. They get paid to post like crazy for a reason...
07-14-2020, 07:57 AM
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#80
- game1990
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Originally Posted By topperstyle⏩
dam its just crazy. but this was how VTIQ was. i cant believed i got shaken out of it too lol.Eventually it will pop, and at least at that point you can get back some loses even if you don’t turn a profit.
Diamond hands. I’ve seen some professional instigators on stock twists and yahoo trying to drive the price down. They get paid to post like crazy for a reason...
Diamond hands. I’ve seen some professional instigators on stock twists and yahoo trying to drive the price down. They get paid to post like crazy for a reason...
07-14-2020, 08:01 AM
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#81
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Originally Posted By game1990⏩
Vtiq was very special in its own right, however there’s no way we don’t see 16+ for opes before end of the year.dam its just crazy. but this was how VTIQ was. i cant believed i got shaken out of it too lol.
07-14-2020, 08:05 AM
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#82
- game1990
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Originally Posted By topperstyle⏩
ticker change is sometime this month right? and the actual merger is september?Vtiq was very special in its own right, however there’s no way we don’t see 16+ for opes before end of the year.
07-14-2020, 10:28 AM
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#83
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Originally Posted By topperstyle⏩
Vtiq was very special in its own right, however there’s no way we don’t see 16+ for opes before end of the year.
07-14-2020, 10:36 AM
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#84
07-14-2020, 10:41 AM
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#85
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opes crew
1) thatsnarf
2) topperstyle
3) adamsz
4) robparks2m
5) tugofpeace
6) harry362
7) throwaway
8) chino3
9) twovalvekid
10) game1990
11) nickh04
12) luckyboy 23
somebody make OPES2020 t-shirts. i'm guessing most of you guys wear size small v-necks. put your orders in.
i'm getting a size L crew.
1) thatsnarf
2) topperstyle
3) adamsz
4) robparks2m
5) tugofpeace
6) harry362
7) throwaway
8) chino3
9) twovalvekid
10) game1990
11) nickh04
12) luckyboy 23
somebody make OPES2020 t-shirts. i'm guessing most of you guys wear size small v-necks. put your orders in.
i'm getting a size L crew.
07-14-2020, 02:52 PM
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#86
07-14-2020, 03:10 PM
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#87
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I've been swing trading mostly and don't hold many SPACs for long. OPES, FMCI, SHLL, LCA, DSKEW, LHC & SPAQ. Looking to get into some positions for long term Sept merger. Thinking OPES, FMCI, SPAQ and LHC unless I'm missing some better ones?
07-14-2020, 03:17 PM
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#88
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Originally Posted By Berts⏩
Just my personal opinion but I'd say the 4 most likely to "moon" are CCH/UTZ, SHLL/HYL, GRAF/Velodyne and SPAQ/Fisker with the last 3 likely being the biggest booms.I've been swing trading mostly and don't hold many SPACs for long. OPES, FMCI, SHLL, LCA, DSKEW, LHC & SPAQ. Looking to get into some positions for long term Sept merger. Thinking OPES, FMCI, SPAQ and LHC unless I'm missing some better ones?
07-14-2020, 03:23 PM
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#89
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Originally Posted By Heaney⏩
Thanks, I'll check into those. I heard GRAF is having fraud issues. I know nothing about CCH. OPES and FMCI being food related might not be that great with Covid. People are not eating out like they used too. Fisker already bankrupt once but seems like they are going about things much better this go around by farming somethings to Tesla and keeping their prices down.Just my personal opinion but I'd say the 4 most likely to "moon" are CCH/UTZ, SHLL/HYL, GRAF/Velodyne and SPAQ/Fisker with the last 3 likely being the biggest booms.
07-14-2020, 03:26 PM
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#90
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Originally Posted By Berts⏩
The "fraud" is that some ambulance chasers are investigating them because graf holders are *only* getting 17% of Velodyne (not sure what they expect when Velodyne is a 1.8B company and graf had 200M).....VTIQ holders got 6% of NKLA fwiw.Thanks, I'll check into those. I heard GRAF is having fraud issues. I know nothing about CCH. OPES and FMCI being food related might not be that great with Covid. People are not eating out like they used too. Fisker already bankrupt once but seems like they are going about things much better this go around by farming somethings to Tesla and keeping their prices down.
Full disclosure is I'm all in on GRAF so I'd definitely prefer you to do DD before listening to me
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