Thread: Official Spac Thread
07-27-2020, 06:16 PM
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#181
- heyquikquestion
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- heyquikquestion
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Originally Posted By Heaney⏩
Yes 2 yearsWhat's the time table on this one I thought i read 2yrs?
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07-28-2020, 06:38 AM
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#182
- Heaney
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Originally Posted By Heaney⏩
Lawd some company just bought 17MM in calls for GRAF. Not sure what price or date thoughGraf options now trading, buy your puts now while this one burrows into hell
07-28-2020, 12:07 PM
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#183
- Thr0waway
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Originally Posted By heyquikquestion⏩
We're in early brah. Each unit was first offered at $20. So $21 or $22 is still an amazing price in my opinion. Plus each unit contains 1/9 of a warrant (goes up to 1/3 of a unit if hold through merger). Not even available yet on Robinhood. Webull offered it, but then forced all their customers to sell their shares because they "incorrectly allowed trading".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.
07-28-2020, 12:08 PM
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#184
07-28-2020, 12:48 PM
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#185
07-28-2020, 01:08 PM
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#186
- Heaney
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Originally Posted By ajctennis⏩
Screenshot on stocktwits from whalewisdom.com. The company is amundi pioneer asset management. The post is from 640am on the graf stocktwits if you want to check it out. I could be missing somethingWhere did you see this news? Seeing nothing on the option chain for GRAF.
07-29-2020, 01:34 PM
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#187
- RobParks2M
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Another random question- I don't think there are that many institutional buyers of SPAC companies. Would institutional interest drive up interest in Velodyne or BFI once the merge is complete and the legitimate company name is on the ticker? I haven't watched Nikola or any other spacs post merge to see what happens.
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07-29-2020, 01:42 PM
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#188
- Heaney
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Originally Posted By RobParks2M⏩
This is a good questions, theoretically you'd think it would, having institutional ownership rather than robinhood flip floppers. Does BFI have any stakeholders like Velodyne does I kind of lost track of them when I sold out of opes.Another random question- I don't think there are that many institutional buyers of SPAC companies. Would institutional interest drive up interest in Velodyne or BFI once the merge is complete and the legitimate company name is on the ticker? I haven't watched Nikola or any other spacs post merge to see what happens.
07-29-2020, 01:52 PM
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#189
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Originally Posted By Heaney⏩
I don't believe so unless they might have a loan or something from a company, but I don't recall that they have much in the way of equity partners.This is a good questions, theoretically you'd think it would, having institutional ownership rather than robinhood flip floppers. Does BFI have any stakeholders like Velodyne does I kind of lost track of them when I sold out of opes.
I wish I knew when Graf was gonna merge. Looks like the warrants are currently worth $1 more than they are currently trading at, but don't wanna get caught up in the slow grind down.
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07-29-2020, 02:00 PM
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#190
- Heaney
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Originally Posted By RobParks2M⏩
Yeah who the hell would sink 35K into GRAF warrants right now....not me that's for sureI don't believe so unless they might have a loan or something from a company, but I don't recall that they have much in the way of equity partners.
I wish I knew when Graf was gonna merge. Looks like the warrants are currently worth $1 more than they are currently trading at, but don't wanna get caught up in the slow grind down.
I wish I knew when Graf was gonna merge. Looks like the warrants are currently worth $1 more than they are currently trading at, but don't wanna get caught up in the slow grind down.
07-29-2020, 02:30 PM
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#191
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Originally Posted By Heaney⏩
lolol sorry brah it'll work out eventually. what % are you down overall? You had pretty good entries so you aren't too bad off right?Yeah who the hell would sink 35K into GRAF warrants right now....not me that's for sure
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07-29-2020, 06:22 PM
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#192
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Originally Posted By RobParks2M⏩
Truthfully I haven't even looked in over a week but I'd imagine I'm down in the neighborhood of 30% not including the 6K I made off the warrants earlier in July.lolol sorry brah it'll work out eventually. what % are you down overall? You had pretty good entries so you aren't too bad off right?
08-03-2020, 01:11 PM
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#193
- RobParks2M
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Wow. Grafw @$1.90
OPESW @1.5
It seems to me that these could be profitable in a year or 2... Who knows tho.
OPESW @1.5
It seems to me that these could be profitable in a year or 2... Who knows tho.
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08-03-2020, 02:26 PM
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#194
- adamsz
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Originally Posted By RobParks2M⏩
Ya I’m down about 30% on all my SPAC holdings, it ****in blows.... diamond hands tho for now lolWow. Grafw @$1.90
OPESW @1.5
It seems to me that these could be profitable in a year or 2... Who knows tho.
OPESW @1.5
It seems to me that these could be profitable in a year or 2... Who knows tho.
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.
08-03-2020, 02:57 PM
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#195
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Originally Posted By adamsz⏩
Same. I've been planning on buying a lot to get my costs down... but it keeps dropping :/. Not sure when it stops...Ya I’m down about 30% on all my SPAC holdings, it ****in blows.... diamond hands tho for now lol
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08-03-2020, 03:02 PM
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#196
- Heaney
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Originally Posted By RobParks2M⏩
Bought 200 more graf warrants today when they hit rock bottom at 10amSame. I've been planning on buying a lot to get my costs down... but it keeps dropping :/. Not sure when it stops...
08-03-2020, 03:17 PM
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#197
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https://www.restaurantbusinessonline...ublic-pandemic
Neat.
Cliffs(updating as I listen in the background)
2021 growth
In Flordia (where they already have a solid footing) new store growth anticipating:
30 corporate new stores
20 franchisee stores
Ghost kitchens:
25-30 new kitchens by end of 2021 (Texas, West coast, and Chicago delivery markets)
Neat.
Cliffs(updating as I listen in the background)
2021 growth
In Flordia (where they already have a solid footing) new store growth anticipating:
30 corporate new stores
20 franchisee stores
Ghost kitchens:
25-30 new kitchens by end of 2021 (Texas, West coast, and Chicago delivery markets)
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
08-03-2020, 05:46 PM
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#198
- ajctennis
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i got blown out of the water by CFFA today. This is the biggest L I've taken trading so far, what a damn shame. Not sure whether to hold as it Grosvenor, which is a solid company but not memeable, or to just sell and to take the loss and move on.
08-03-2020, 09:56 PM
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#199
- RobParks2M
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Originally Posted By ajctennis⏩
This is what I am struggling with. I've listened to conference calls and the people at BurgerFi have obviously done their homework as they've been looking at going public for 2 years or so. They'd have a fairly strong team joining them with Ophir from Lionheart which operates a lot of retail locations including hotels so there could definitely be some strong synergy there. There is a strong desire to reach "the next level" from both sides I believe.i got blown out of the water by CFFA today. This is the biggest L I've taken trading so far, what a damn shame. Not sure whether to hold as it Grosvenor, which is a solid company but not memeable, or to just sell and to take the loss and move on.
On the other hand it is yet another burger joint that admittedly is in a fairly over saturated market. There is the whole coronavirus thing that is wrecking the entire restaurant industry which is going to affected them WORSE than others because their idea is sit down more than anything else. They lack drive through and delivery isn't probably ideal either. They do have beer which is nice for their margins and such, but again not really helpful for people getting food delivered/to-go.
I think I am going to try buying more warrants in hopes of breaking even down the road. I'm not certain how profitable my current warrant holdings are that I've got at an average price of $4.7 ayy fuking lmao. I do think they will have fairly stable growth relative to its restaurant peers and once virus concerns ease in 2021 it could easily grow significantly enough to earn a $30 valuation. Luckily they seem to have priced the entire company fairly low out the gates as I think the combined company is going to have a market cap of $100 million which isn't too terrifying and if/when they are profitable should make it fairly easy to keep P/E respectable.
Like I've said before I've got very small holdings with 150 warrants currently. I think tomorrow I'll buy 300 if I can get them at or below $1.50 to drop my average cost to around $2.50 per warrant. I really have a hard time deciding if I am throwing good money at bad and if it would be better to just leave what I've got and hope for better later or if I should just go for it and hope I catch a pump and can sell out profitably on news.
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0.4 mg of party's over wake the FK up!
"the personification of greatness"
08-04-2020, 06:24 AM
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#200
08-04-2020, 09:37 AM
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#201
- Thr0waway
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Originally Posted By Harry362⏩
Joining the meetingOPES crew unite
Meeting today
Meeting today
Joining the meeting
Joining the meeting
Joining the meeting
Joining the meeting
Joining the meeting
Joining the meeting
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Joining the meeting
Leaving the meeting
08-04-2020, 10:38 AM
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#202
- adamsz
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if anyone gets updates from the OPES meeting pls cliff them
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.
08-04-2020, 05:50 PM
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#203
- SazabiBrah
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Anyone have any WKHS stocks? Word is it should go to $25-$30
08-04-2020, 09:43 PM
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#204
08-04-2020, 10:21 PM
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#205
- RobParks2M
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^that. For people like me that might be perfect as I'm sure it'll tank hard tomorrow and maybe I'll grab some warrants to try and lower my cost.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
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08-04-2020, 10:24 PM
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#206
- adamsz
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Originally Posted By Heaney⏩
wtf, technical difficulties or wut?Sounds like it was a complete clusterfuk and got rescheduled for Friday
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.
08-04-2020, 10:47 PM
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#207
- RobParks2M
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Originally Posted By adamsz⏩
Yes. literally technical issues with the teleconference.wtf, technical difficulties or wut?
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08-04-2020, 10:56 PM
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#208
- luckyboy23
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Lol
08-05-2020, 04:52 AM
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#209
- Heaney
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Originally Posted By adamsz⏩
Yeah and apparently everyone (shareholders who called in) on the entire call was unmuted so it was a constant stream of a computer voice saying "joined the chat" and people swearing and talking. Not a great look for the opes management team that they couldn't even pull off a teleconference lol.wtf, technical difficulties or wut?
08-05-2020, 08:48 PM
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#210
- Heaney
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Should finally start seeing movement now that the Q3 SPACs are likely within 4-6 weeks of merging. Been boring as hell the last few weeks, still pissed I miss timed my buy in by a day but cest la vie.
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