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Thread: Official Spac Thread

post 1610592151 07-14-2020, 03:31 PM
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#91
  1. chino3
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Originally Posted By Heaney⏩
How's everyone holding up? Most have taken a **** kicking this week I assume. Guess I'll just mask my bags with more golfing until September when these start rolling hopefully.
At this point I wish I could just tuck away OPES in a different screen or some chit. Seeing that much red is infuriating. I did enough trading today to offset my down amount should I choose to sell, but I just cannot stomach walking away down that much... bleh.
"It won't get better, just different."
post 1610592761 07-14-2020, 03:36 PM
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#92
  1. Heaney
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Originally Posted By chino3⏩
At this point I wish I could just tuck away OPES in a different screen or some chit. Seeing that much red is infuriating. I did enough trading today to offset my down amount should I choose to sell, but I just cannot stomach walking away down that much... bleh.
Yeah I'm pretty damn red right now, still up around 50% on the year but am confident that the tide will turn once some catalysts start approaching. I bought 1 day early on my warrants or I'd be around even right now, cest la vie.
post 1610599031 07-14-2020, 04:33 PM
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#93
  1. ajctennis
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If only I had switched my buying from yesterday to today. At this point bagholding a little , but catalysts are near and I have faith.
post 1610608161 07-14-2020, 06:24 PM
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#94
  1. luckyboy23
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Will LHC ever move?
post 1610621991 07-14-2020, 09:07 PM
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#95
  1. RobParks2M
  2. mad hatter
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Originally Posted By game1990⏩
ticker change is sometime this month right? and the actual merger is september?
Is this wishful thinking on everyone's part? The merge and ticker change is in Q3 so like October or Sept if I was understanding the conference call correctly.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1610626431 07-14-2020, 09:58 PM
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#96
  1. Thr0waway
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Is anyone going to be putting money into PSTH.U? Bill Ackman's SPAC that will be listed this week allegedly, seeking to raise $4 billion, which is the largest ever. He apparently wants to acquire a "mature unicorn"

Units will be priced at $20 per, compared to the traditional $10.

I'm going to drop a thousand or two in and see what happens.

Edit: Apparently the listing has been postponed to August 14th.
post 1610626911 07-14-2020, 10:06 PM
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#97
  1. ajctennis
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If I could get in early enough yes, but by time you get to it will probably have ripped 10-20%.
Originally Posted By Thr0waway⏩
Is anyone going to be putting money into PSTH.U? Bill Ackman's SPAC that will be listed this week allegedly, seeking to raise $4 billion, which is the largest ever. He apparently wants to acquire a "mature unicorn"

Units will be priced at $20 per, compared to the traditional $10.

I'm going to drop a thousand or two in and see what happens.
post 1610663311 07-15-2020, 09:48 AM
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#98
  1. Heaney
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SPAC volume is dead today. Barely over 100K for OPES and GRAF so far.
post 1610664261 07-15-2020, 09:57 AM
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#99
  1. topperstyle
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100 graf at 17.24 lmao send prayers
post 1610664361 07-15-2020, 09:58 AM
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#100
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Originally Posted By Heaney⏩
SPAC volume is dead today. Barely over 100K for OPES and GRAF so far.
I amhopingpeople start to swarm again once they lick wounds from chasing Tesla to 1750
post 1610665031 07-15-2020, 10:05 AM
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#101
  1. Berts
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Looks like I bought too soon this morning. Instant bags on SPAQ, GRAF and CCH LOL. Good news in long term it will be fine.
post 1610668991 07-15-2020, 10:44 AM
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#102
  1. MediocreGains
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Originally Posted By luckyboy23⏩
Will LHC ever move?
Even the guy who recommended it said to get out. I got out as soon as he said it.

Just checked it again and I see it got a pump a couple days ago. Now it's down below $10.
post 1610669941 07-15-2020, 10:53 AM
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#103
  1. Heaney
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Originally Posted By Berts⏩
Looks like I bought too soon this morning. Instant bags on SPAQ, GRAF and CCH LOL. Good news in long term it will be fine.
Welcome to the bag holder crew . September cant get here soon enough for my trading acct
post 1610673501 07-15-2020, 11:29 AM
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#104
  1. RobParks2M
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Its unfortunate I am so bearish on the market overall when I am holding rather speculative warrants that won't go up without a lot of bull greed
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1610675101 07-15-2020, 11:46 AM
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#105
  1. Heaney
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Originally Posted By RobParks2M⏩
Its unfortunate I am so bearish on the market overall when I am holding rather speculative warrants that won't go up without a lot of bull greed
Completely anecdotal but these things seem to move better on red days tbh
post 1610687131 07-15-2020, 01:34 PM
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#106
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SPAQ taking off, can't find any new news though.
post 1610687831 07-15-2020, 01:41 PM
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#107
  1. luckyboy23
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Wow, sold all my LHC shares and it caused the price to dip. Never seen that before.
post 1610688311 07-15-2020, 01:46 PM
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#108
  1. Heaney
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Originally Posted By luckyboy23⏩
Wow, sold all my LHC shares and it caused the price to dip. Never seen that before.
Dead giveaway of no volume. I've mentioned before about how graf basically moves in 25c increments because of the shiet volume.
post 1610690881 07-15-2020, 02:13 PM
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#109
  1. RobParks2M
  2. mad hatter
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Originally Posted By luckyboy23⏩
Wow, sold all my LHC shares and it caused the price to dip. Never seen that before.
loool how many did you sell?
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1610695581 07-15-2020, 03:02 PM
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#110
  1. ajctennis
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Yea the day after I posted my DD on reddit, I noticed that LHC unfortunately was a sinking ship as trading indicated dumping which is why I told the misc to abandon ship while they could. It just didn't gain any traction and it was too late to persuade people. If you sell at market for LHC, lawd does it tank to the ground as volume is pitiful. LHC will probably do well going forward, but I don't see it moving that quickly as of now.

Originally Posted By RobParks2M⏩
loool how many did you sell?
post 1610700671 07-15-2020, 04:09 PM
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#111
  1. Heaney
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SPAQ and CCXX the latest targets of Brodsky Smith frivolous "investigations" into "fraud" lmao these knuckleheads do this with every SPAC, GRAF was last week.
post 1610702341 07-15-2020, 04:27 PM
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#112
  1. luckyboy23
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Originally Posted By Heaney⏩
Dead giveaway of no volume. I've mentioned before about how graf basically moves in 25c increments because of the shiet volume.
You learn something new everyday.
Originally Posted By RobParks2M⏩
loool how many did you sell?
2000 shares for a 480 dollar loss.. JFL. Low key felt good that I personally caused a 7 cent drop in a stock price though.
post 1610706851 07-15-2020, 05:23 PM
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#113
  1. meteoraniac
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up 50% on ANDAW so far, granted volume not the greatest (~400k).. feels better than bag holding OPESW tbh
Sloots come and go but moms are forever

Get to know your parents: you never know when they'll be gone for good.
Be nice to your siblings: they're your best link to your past and the people most likely to stick with you in the future.
Enjoy your body: use it every way you can. Don't be afraid of it or of what other people think of it: it's the greatest instrument you'll ever own.
post 1610758551 07-16-2020, 08:46 AM
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#114
  1. Berts
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Looks like another red day for SPACs. I'll wait for a larger dip before DCA'ing. LHC completed its merger, ticker should now be DMS but I can't find it anywhere.
post 1610763831 07-16-2020, 09:41 AM
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#115
  1. adamsz
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Originally Posted By Berts⏩
Looks like another red day for SPACs. I'll wait for a larger dip before DCA'ing. LHC completed its merger, ticker should now be DMS but I can't find it anywhere.
1 kept 1 share of LHC and the warrants to just track it and today it switched over on my portfolio on thinkorswim
Awesome pics. Great size. Look thick. Solid. Tight. Keep us all posted on your continued progress with any new progress pics or vid clips. Show us what you got man. Wanna see how freakin' huge, solid, thick and tight you can get. Thanks for the motivation.
post 1610765351 07-16-2020, 09:59 AM
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#116
  1. Heaney
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Originally Posted By Berts⏩
Looks like another red day for SPACs. I'll wait for a larger dip before DCA'ing. LHC completed its merger, ticker should now be DMS but I can't find it anywhere.
These bags are starting to get pretty heavy. Down 12K on GRAFW as of now lol.
post 1610771111 07-16-2020, 11:08 AM
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#117
  1. RobParks2M
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Originally Posted By Heaney⏩
These bags are starting to get pretty heavy. Down 12K on GRAFW as of now lol.
wtf happened to all the spac volume? Trades like a penny stock now lmao
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1610772541 07-16-2020, 11:24 AM
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#118
  1. Heaney
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Originally Posted By RobParks2M⏩
wtf happened to all the spac volume? Trades like a penny stock now lmao
No catalysts I would assume right now. GRAF votes on extension next Thursday and has filed for the proxy vote on the merger pending the outcome of the extension vote. Noticed yesterday that most SPACs were trading around 30% of their average volume.
post 1610773121 07-16-2020, 11:29 AM
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#119
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Patience running thin with SPACs. If it wasnt for a huge profit on FMCI and GRAF I would have bled out by now.
post 1610773711 07-16-2020, 11:34 AM
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#120
  1. Heaney
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Originally Posted By luckyboy23⏩
Patience running thin with SPACs. If it wasnt for a huge profit on FMCI and GRAF I would have bled out by now.
Yeah I built up a cushion of "play" money on GPAQW and GRAF.WS that I'm watching bleed into the abyss everyday I guess haha
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