Thread: Official Spac Thread
07-21-2020, 02:25 PM
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#151
07-22-2020, 06:45 AM
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#152
- meteoraniac
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- meteoraniac
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Andina (ANDA) just signed an LOI with Emmac (pot company)
Not too thrilled about this, might sell the pop.
Not too thrilled about this, might sell the pop.
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.
07-22-2020, 08:25 AM
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#153
- RobParks2M
- mad hatter
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- RobParks2M
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Ackman spac up nearly 6% out the gates lmao
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
07-22-2020, 08:40 AM
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#154
07-22-2020, 09:58 AM
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#155
- MountainLion84
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- MountainLion84
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Originally Posted By RobParks2M⏩
Will pump than dump.......so early, the autists will get bored holding it.Ackman spac up nearly 6% out the gates lmao
07-22-2020, 10:02 AM
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#156
07-22-2020, 02:09 PM
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#157
07-22-2020, 02:54 PM
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#158
07-22-2020, 09:10 PM
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#159
- Thr0waway
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- Thr0waway
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Reuters reporting that Airbnb has been approached about going public through a SPAC. CEO of Airbnb has confirmed stating "“We’ve been approached by some people that have presented us some opportunities. We’re looking at everything. So I probably shouldn’t speculate too much on it.”
https://www.reuters.com/article/us-a...-idUSKCN24N335
IMO, the only SPAC large enough would be PSTH. It was also rumored to be one of PSTH's targets.
I like Airbnb. Feel like it has the potential to be a meme stock. However I am cautious about them in the long term. Seems like more and more cities are putting restrictions on short term rentals.
https://www.reuters.com/article/us-a...-idUSKCN24N335
IMO, the only SPAC large enough would be PSTH. It was also rumored to be one of PSTH's targets.
I like Airbnb. Feel like it has the potential to be a meme stock. However I am cautious about them in the long term. Seems like more and more cities are putting restrictions on short term rentals.
07-23-2020, 08:13 AM
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#160
07-23-2020, 08:18 AM
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#161
- Harry362
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- Harry362
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Originally Posted By Heaney⏩
in before the pediatric therapy company moonsPeak reddit occurring right now, people buying PTSH thinking its Ackman's SPAC's warrants lmao......its some pediatric therapy company.
OPES bagholder here still patiently waiting
07-23-2020, 08:22 AM
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#162
07-23-2020, 08:43 AM
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#163
07-23-2020, 09:17 AM
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#164
07-23-2020, 09:21 AM
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#165
- Heaney
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- Heaney
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Originally Posted By Berts⏩
This sounds like a solid play tbh, if I wasn't bag holding I'd day trade it. Next catalyst will be the vote to merge with Velodyne which was already filed for in a pre proxy filing last week.GRAF has a little action. No more bags but not up much. Sell now for small profits or watch it bleed out for another month, mmmm.........
This spike will almost assuredly bleed out over the course of the day
07-23-2020, 09:28 AM
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#166
- Berts
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- Berts
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Originally Posted By Heaney⏩
Sold at $18.15, was only in at $16.73. Of the 7 SPAC's it was the only one I was green on. I'll take what I can getThis sounds like a solid play tbh, if I wasn't bag holding I'd day trade it. Next catalyst will be the vote to merge with Velodyne which was already filed for in a pre proxy filing last week.
This spike will almost assuredly bleed out over the course of the day
This spike will almost assuredly bleed out over the course of the day
07-23-2020, 09:35 AM
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#167
- Heaney
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- Heaney
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Originally Posted By Berts⏩
Good trade, itll be back down in the 16s sooner than later and then spike up again after the merger vote.Sold at $18.15, was only in at $16.73. Of the 7 SPAC's it was the only one I was green on. I'll take what I can get
07-24-2020, 10:37 AM
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#168
- Heaney
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- Heaney
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Velodyne (GRAF) just announced another new contract. New 3yr deal for automated traffic control. Up to 18 signed contracts now from 3 in January.
Love that all of their deals are 3-5yrs.
Love that all of their deals are 3-5yrs.
07-24-2020, 11:36 AM
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#169
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By Heaney⏩
Do you understand how valuations work on these mergers well enough to explain it to me? I was reading they planned on having a 1.8 billion valuation post merger, but how do they figure they'll reach that? Was that based on the price of shares at the time of announcement? Let's say share price drops to half of what it was at the announcement- does that mean that when merger is complete the market cap would also be half of their anticipated valuation?Velodyne (GRAF) just announced another new contract. New 3yr deal for automated traffic control. Up to 18 signed contracts now from 3 in January.
Love that all of their deals are 3-5yrs.
Love that all of their deals are 3-5yrs.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
07-24-2020, 01:01 PM
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#170
- ajctennis
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- ajctennis
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Somewhat, this is what makes GRAF somewhat risky as well as a lot of other spacs. They are all mostly trading on hype and not so much on valuations. Both SHLL and GRAF are being valued for forecasted revenues in later years. I think for both its around 2024 revenues. The 1.8 billion valuation is assuming the share price is $10 I believe. The real question is can GRAF actually hit the revenues they claim to be able to for 2024. They do seem to be getting a lot of contracts, but we don't know much money they are bringing in. Having said that, GRAF does seem like one of the strongest spacs out there as they are actually dominant in their field and have an existing product and connections. Lidar does seem like it will have a large role going forward with many different applications. I personally think the warrants are a better play. At least they give you 5 years of growth plus trading below the share price.
Having said that I exited GRAF to move on to other plays when we had a bump the other day.
Having said that I exited GRAF to move on to other plays when we had a bump the other day.
Originally Posted By RobParks2M⏩
Do you understand how valuations work on these mergers well enough to explain it to me? I was reading they planned on having a 1.8 billion valuation post merger, but how do they figure they'll reach that? Was that based on the price of shares at the time of announcement? Let's say share price drops to half of what it was at the announcement- does that mean that when merger is complete the market cap would also be half of their anticipated valuation?
07-24-2020, 02:43 PM
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#171
- visaliapoolpros
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cool stuff here thanks!
07-24-2020, 04:51 PM
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#172
- Heaney
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- Heaney
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Originally Posted By RobParks2M⏩
The company hired bankers back in the winter time when they were planning on IPO'ing and the 1.8B is the valuation that they determined, I believe the 1.8B valuation is based off of projected sales as well as investment revenue from Ford/Baidu/Nikon, nothing to do with their share price IIRC.Do you understand how valuations work on these mergers well enough to explain it to me? I was reading they planned on having a 1.8 billion valuation post merger, but how do they figure they'll reach that? Was that based on the price of shares at the time of announcement? Let's say share price drops to half of what it was at the announcement- does that mean that when merger is complete the market cap would also be half of their anticipated valuation?
07-24-2020, 04:59 PM
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#173
- Heaney
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- Heaney
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Originally Posted By ajctennis⏩
Velodyne signing a licensing agreement with Hesai (large Chinese lidar compnay whom Velodyne was suing for patent infringement) gives them a slice of the China market now too.Somewhat, this is what makes GRAF somewhat risky as well as a lot of other spacs. They are all mostly trading on hype and not so much on valuations. Both SHLL and GRAF are being valued for forecasted revenues in later years. I think for both its around 2024 revenues. The 1.8 billion valuation is assuming the share price is $10 I believe. The real question is can GRAF actually hit the revenues they claim to be able to for 2024. They do seem to be getting a lot of contracts, but we don't know much money they are bringing in. Having said that, GRAF does seem like one of the strongest spacs out there as they are actually dominant in their field and have an existing product and connections. Lidar does seem like it will have a large role going forward with many different applications. I personally think the warrants are a better play. At least they give you 5 years of growth plus trading below the share price.
Having said that I exited GRAF to move on to other plays when we had a bump the other day.
Having said that I exited GRAF to move on to other plays when we had a bump the other day.
07-26-2020, 07:20 PM
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#174
- Thr0waway
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- Thr0waway
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Come on *******s. I need some of y'all to join me in PSTH. Let's lose some money together in the biggest SPAC ever! Will it be SpaceX, Palantir, Airbnb??? Some other chit company? Let's go broke!
07-26-2020, 08:08 PM
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#175
- Heaney
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- Heaney
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Originally Posted By Thr0waway⏩
Palantir is IPO'ng but if it were them I'd be all inCome on *******s. I need some of y'all to join me in PSTH. Let's lose some money together in the biggest SPAC ever! Will it be SpaceX, Palantir, Airbnb??? Some other chit company? Let's go broke!
07-26-2020, 08:13 PM
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#176
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By Heaney⏩
Thanks that's good to know. So like right now I presume if the merge was executed tomorrow the market capitalization would be less than 1.8 billion since the number of shares in the company doesn't change so Velodyne would have a market capitalization of a little under 300 million right? Seems like a terrific deal.The company hired bankers back in the winter time when they were planning on IPO'ing and the 1.8B is the valuation that they determined, I believe the 1.8B valuation is based off of projected sales as well as investment revenue from Ford/Baidu/Nikon, nothing to do with their share price IIRC.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
07-27-2020, 03:57 PM
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#177
07-27-2020, 04:07 PM
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#178
- Heaney
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- Heaney
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Originally Posted By RobParks2M⏩
I would have to re read the proposed merger agreement but I believe that upon merger there are going to be additional shares released to Velodyne stakeholders (Nikon, Ford, Baidu are the 3 major ones). From what I've read, post merger if Velodyne trades at a similar (X)revenue as the industry (tech) average the share price would be approx 29 dollars/share. I can find the video that breaks it down better when I get home if youd likeThanks that's good to know. So like right now I presume if the merge was executed tomorrow the market capitalization would be less than 1.8 billion since the number of shares in the company doesn't change so Velodyne would have a market capitalization of a little under 300 million right? Seems like a terrific deal.
07-27-2020, 05:33 PM
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#179
- heyquikquestion
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- heyquikquestion
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Originally Posted By Thr0waway⏩
I'm in. Picked up 100 shares at $21.70 just to see where things go from here. I have faith in Ackman to make something happen.Come on *******s. I need some of y'all to join me in PSTH. Let's lose some money together in the biggest SPAC ever! Will it be SpaceX, Palantir, Airbnb??? Some other chit company? Let's go broke!
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07-27-2020, 05:37 PM
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#180
- Heaney
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- Heaney
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Originally Posted By heyquikquestion⏩
What's the time table on this one I thought i read 2yrs?I'm in. Picked up 100 shares at $21.70 just to see where things go from here. I have faith in Ackman to make something happen.
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