Thread: Official Spac Thread
08-17-2020, 02:00 PM
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#241
- Heaney
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- Heaney
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Originally Posted By ajctennis⏩
Like I said worst case I lose 400 bucks. When you're mucking around down in garbage land for 30 cent warrants you're not going to come away with many great companies hahaha.Not sold on AVCT, they have a lot to prove. We'll see if if they get their act together by next quarter.
08-18-2020, 01:00 AM
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#242
- Hoop_Dreams
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- Hoop_Dreams
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Originally Posted By adamsz⏩
SHLL is has way higher upside than what you sold for. Don't understand taking small profits when the merger is next month.sold 625 of my 900 SHLL shares @ 27.75 for a modest gain
bought initially in the low 20's and cashed out around 25 or so, then bought back in mid 26's. Up 4k on it in total.
Think the company still has potential so holding onto some shares still.
bought initially in the low 20's and cashed out around 25 or so, then bought back in mid 26's. Up 4k on it in total.
Think the company still has potential so holding onto some shares still.
08-18-2020, 02:18 AM
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#243
- adamsz
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- adamsz
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Originally Posted By Hoop_Dreams⏩
It just represented way too much of my portfolio (had 25k in it) which made me nervous. I have way too much money in SPACs overall so want to trim it down and take some profits when possible. Still have the 300 shares for the potential upside.SHLL is has way higher upside than what you sold for. Don't understand taking small profits when the merger is next month.
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.
08-18-2020, 03:23 AM
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#244
- MatthewChav
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- MatthewChav
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Originally Posted By ajctennis⏩
Yer i know loads of Spacca's on here who know nothing about education tbh!Here we go, the first official spac thread for the misc. I'm currently in GRAF and SHLL and happy to talk about both. Trying to buy more of SHLL if it dips below 7 again. Looking for other spacs over the weekend as well. I'll probably make a list this weekend of ones that might have potential. Let me know spacs you guys are in or are thinking of.
As a sidenote I'm shocked that Fisker is getting so much hype.
As a sidenote I'm shocked that Fisker is getting so much hype.
08-18-2020, 05:49 AM
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#245
08-19-2020, 09:16 AM
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#246
- RobParks2M
- mad hatter
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- RobParks2M
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I'm just gonna ride GRAFW to the moon. Heaney when do you think they'll start going at intrinsic value??? They are still valued $2 per warrant under share pricing.... Have they announced a merger date yet or anything?
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08-19-2020, 09:38 AM
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#247
- Heaney
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- Heaney
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Originally Posted By RobParks2M⏩
Hard to say because there are some brokers that still list them at 2:1 rather than 4:3. I'm 7700 warrants deep now so I'm hoping that they get sorted out sooner than later.I'm just gonna ride GRAFW to the moon. Heaney when do you think they'll start going at intrinsic value??? They are still valued $2 per warrant under share pricing.... Have they announced a merger date yet or anything?
No merger date announced.
08-21-2020, 11:33 AM
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#248
08-21-2020, 12:30 PM
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#249
- SazabiBrah
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- SazabiBrah
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Anyone have/getting Workhorse?
08-21-2020, 12:49 PM
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#250
- luckyboy23
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- luckyboy23
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Why is it that every single god damn time I place a limit order on GRAF and hit submit, the price shoots up? It's not a coincidence, it happens every time.
08-21-2020, 09:28 PM
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#251
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By luckyboy23⏩
Opens up big almost every morning then dips over the course of the day.Why is it that every single god damn time I place a limit order on GRAF and hit submit, the price shoots up? It's not a coincidence, it happens every time.
Had an order at 2.6, 2.8, and $3.0 that never hit. I think I couldda got it today but whatever.
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08-21-2020, 09:43 PM
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#252
- Heaney
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- Heaney
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Originally Posted By luckyboy23⏩
Best time to get into graf is around noon or shortly before close is what I've noticed. Do not pull a me and buy PM/right at open or you'll get rekt.Why is it that every single god damn time I place a limit order on GRAF and hit submit, the price shoots up? It's not a coincidence, it happens every time.
08-21-2020, 10:00 PM
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#253
- Heaney
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- Heaney
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Originally Posted By RobParks2M⏩
Updated their 8-K yesterday evening with the SEC and it reiterates the warrants being 4:3. Hopefully see some movement now. It was up AH today even though the share went down.Opens up big almost every morning then dips over the course of the day.
Had an order at 2.6, 2.8, and $3.0 that never hit. I think I couldda got it today but whatever.
Had an order at 2.6, 2.8, and $3.0 that never hit. I think I couldda got it today but whatever.
08-24-2020, 11:05 AM
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#254
08-24-2020, 11:25 AM
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#255
08-24-2020, 11:52 AM
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#256
- RobParks2M
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- RobParks2M
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Originally Posted By Heaney⏩
I am... why is volume so high today? Also, the warrants still seem really low relative to underlying??? Current valuation should be $6 no??Rob, hope you're still in on this graf moon age.
Trying to fill in my bag from OPES. Unfortunately I sunk a lot more into OPES than I did into graf
EDIT: Is it because Luminar is going public or something? People all running to buy into SPAC companies or something??
Almost doubled my position at about 3.4
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
08-24-2020, 01:07 PM
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#257
- Heaney
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- Heaney
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Originally Posted By RobParks2M⏩
Not sure what the catalyst was today but graf, shll, lca and fmci all had sizeable bumps.I am... why is volume so high today? Also, the warrants still seem really low relative to underlying??? Current valuation should be $6 no??
Trying to fill in my bag from OPES. Unfortunately I sunk a lot more into OPES than I did into graf
EDIT: Is it because Luminar is going public or something? People all running to buy into SPAC companies or something??
Almost doubled my position at about 3.4
Trying to fill in my bag from OPES. Unfortunately I sunk a lot more into OPES than I did into graf
EDIT: Is it because Luminar is going public or something? People all running to buy into SPAC companies or something??
Almost doubled my position at about 3.4
Intrinsic value of the warrants @ 19.20 would be $5.78 so trading at a $2.40 discount
08-24-2020, 01:16 PM
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#258
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By Heaney⏩
I'm not greedy. I just wanna see $5Not sure what the catalyst was today but graf, shll, lca and fmci all had sizeable bumps.
Intrinsic value of the warrants @ 19.20 would be $5.78 so trading at a $2.40 discount
Intrinsic value of the warrants @ 19.20 would be $5.78 so trading at a $2.40 discount

Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
08-24-2020, 01:22 PM
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#259
- adamsz
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- adamsz
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well I might be retarded but seeing massive profits today on SHLL and being impatient I sold off the remainder of my position for a total of 7k profit. If it dips significantly again before the merger I might buy back in.
LCA also finally all in the green for me and I trimmed a little of my position to take some profits on both the commons and warrants.
Account value is now up about 30k compared to like 3 weeks ago. Being patient and not panic selling finally paying off (at least for now lol).
Everything goin good in SPAC land for me except OPES at this point... jesus they need to get their chit together
LCA also finally all in the green for me and I trimmed a little of my position to take some profits on both the commons and warrants.
Account value is now up about 30k compared to like 3 weeks ago. Being patient and not panic selling finally paying off (at least for now lol).
Everything goin good in SPAC land for me except OPES at this point... jesus they need to get their chit together
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.
08-24-2020, 01:23 PM
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#260
08-26-2020, 01:25 PM
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#261
08-26-2020, 06:59 PM
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#262
- MountainLion84
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- MountainLion84
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My CCH starting to move pretty good.... meeting tomorrow at 9am regarding merger.
This one is going to move up $18-$20 easily
This one is going to move up $18-$20 easily
08-27-2020, 08:42 AM
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#263
- MountainLion84
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- MountainLion84
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Merger/proposal for CCH/UTZ has passed.... trading @$16.12 right now
Will easily go up $2-$4 if you want a safe easy play
Ticker change from CCH to UTZ probably within a week
Edit - Profit takers jumped out but now the upswing is happening, great dip to buy in at right now.
Will easily go up $2-$4 if you want a safe easy play
Ticker change from CCH to UTZ probably within a week
Edit - Profit takers jumped out but now the upswing is happening, great dip to buy in at right now.
08-27-2020, 07:58 PM
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#264
- Heaney
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- Heaney
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GRAF merger q/a webinar on Tuesday with graf and velodyne members. My fuk are these bags starting to weigh me down I hope this bietch ticks up soon feels like I've lost out on almost 2 months of other plays.
08-27-2020, 07:59 PM
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#265
- Heaney
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- Heaney
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Originally Posted By MountainLion84⏩
I truly dont understand profit takers so close to ticker change aka the biggest catalyst for a spac. I guess there are FREE and HOFV examples of smart profit taking but anyone with half a clue saw those 2 were doomed.Merger/proposal for CCH/UTZ has passed.... trading @$16.12 right now
Will easily go up $2-$4 if you want a safe easy play
Ticker change from CCH to UTZ probably within a week
Edit - Profit takers jumped out but now the upswing is happening, great dip to buy in at right now.
Will easily go up $2-$4 if you want a safe easy play
Ticker change from CCH to UTZ probably within a week
Edit - Profit takers jumped out but now the upswing is happening, great dip to buy in at right now.
08-28-2020, 07:09 AM
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#266
- Thr0waway
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- Thr0waway
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Just a heads up for SPAC brahs. Yesterday the SEC approved a new type of direct listing where companies can simultaneously go public and raise cash from public market investors. Supposedly it's a cheaper IPO alternative which may take demand away from SPACs.
https://www.cnbc.com/2020/08/27/nyse...spac-boom.html
https://www.cnbc.com/2020/08/27/nyse...spac-boom.html
08-28-2020, 07:13 AM
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#267
- Heaney
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- Heaney
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Originally Posted By Thr0waway⏩
Saw this on stocktwits. Wonder if any mergers will fall through because of it.Just a heads up for SPAC brahs. Yesterday the SEC approved a new type of direct listing where companies can simultaneously go public and raise cash from public market investors. Supposedly it's a cheaper IPO alternative which may take demand away from SPACs.
https://www.cnbc.com/2020/08/27/nyse...spac-boom.html
https://www.cnbc.com/2020/08/27/nyse...spac-boom.html
08-28-2020, 07:38 AM
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#268
- MountainLion84
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CCH to UTZ ticker change on Monday according to Forbes
08-28-2020, 11:47 AM
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#269
- adamsz
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- adamsz
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Picked up a couple new things today:
GMHI - 900 shares @ $11.08 and 1000w @ $2.60 - Luminar LIDAR company working with volvo among others. Think it's been compared to GRAF if I'm not mistaken
TRNE - 300 shares @ $11.06 - Desktop Metal - mass 3d printing tech company
first SPAC plays I've made in awhile since it seemed like SPACs were kinda dying out for awhile, but after doing some profit taking I had some $ to play around with
GMHI - 900 shares @ $11.08 and 1000w @ $2.60 - Luminar LIDAR company working with volvo among others. Think it's been compared to GRAF if I'm not mistaken
TRNE - 300 shares @ $11.06 - Desktop Metal - mass 3d printing tech company
first SPAC plays I've made in awhile since it seemed like SPACs were kinda dying out for awhile, but after doing some profit taking I had some $ to play around with
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.
08-28-2020, 01:19 PM
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#270
- luckyboy23
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- luckyboy23
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Ahh graf. My little money whore. How much more milk will you give me? Feels good being in since 10.50 with dozens of 1000-2000 share flips in between. Tax man is gonna want my head next year.
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