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https://www.pwc.com/us/en/services/audit-assurance/accounting-advisory/spac-merger.html So safe!

True on that. Hell, I even think UWM might be pretty big after earnings soon. Buying GHIV at its low of $10.80 or whatever it was this week might be huge before it switched.

Yah. Something will probably happen to this effect sooner or later.

SPACs are basically free lunch at the moment. The downsides are so minimal... SPAC fails to merge, I’m not sure exactly what happens, I know as much that the funds are held in a trust that keeps the price floor at $10. I imagine you simply get your money back at $10 a share if they chose to...

Well I mean...dunno about others, but I sell before the $9.50-$10 safety floor is gone pre-merger. I don’t give two shits about the post merger company. I haven’t kept a single SPAC through merger. I buy at $10-12 plus or minus, wait for hype to hit, and then sell out. That’s in my way of...

I tell all my friends and family to use Fogel Asset Management.

If you’re cray enough to keep post merger, sure.

Yeah, why do they feel the need to add cunty remarks to their posts? Makes them look petty. edit: that’s a parody account, but still they do the same thing

ZNTEEEEEE! Up almost $2k this week on various SPACs.

No shit! Who would have thought.

Daaaamn, GHIV got down to $10.89 a bit ago.

The best is when you see someone post that kind of YOLO stuff where I’ve seen them say they lost their job, spent all their remaining savings on crazy options plays, or their kids college fund, etc...then you click on their profile and see what they’re posting in other subs. I’ve seen them...

Fogel super numba one SPAC advisor. All Fogel Consulting LLC SPACs in my portfolio added this week.

I like that kinda talk and I see the buzz you’re talking about. PDAC seems up my alley. Others are a bit spendy today.

I’m in. Now for a third perhaps. 🤔

I’ve got some money in FUSE as it’s getting a bit of buzz at the moment, but researching others as well.

My plan is always to sell SPACs before merger.

GHIV is pretty fascinating in that it definitely didn’t act like most other SPACs upon merger vote, which was this morning. Down 50 cents on open. Glad I sold yesterday...weird. It even got a Jim Cramer mention among other shows and podcasts.

I’m out of GHIV, Alec Gores isn’t even my real dad. Sold at a marginal $500 loss out of almost $24,000. Still up $1000 for the past couple weeks all in all. Far too much opportunity cost lost on this thing as it is, probably could have made a few thousand last week. Everyone is saying...

GHIV, ugh. I’m more or less at parity. Opened up almost 2 percent and I thought it was going to march upwards but noooo. Let’s see what happens by this afternoon.

Yeah. I kinda wish GHIV wasn't dealing with their merger this week, of all weeks.

Why not both? I have a long-standing Fidelity account with long term investments and my company’s 401k. Then for fun I have a Robinhood account with “play” money in it. Mind you I’m not YOLOing any of it or making wild and dangerous plays like the tards on WSB, but rather making relatively...

I’ve currently got around $23,000 in it. Maybe I’ll keep a few thousand depending on how Tuesday goes. The CEO was on Bloomberg this morning, all he talked about was UWM and didn’t even mention GHIV, only a mention that they were about to go public. Would have been nice had he actually said...

That plan has 4 days left! 😂 I think there’s a good chance this thing is gonna possibly go really well after they announce earnings in early February (all signs indicate they had another record year) but I’m not holding it past Tuesday.

Yeah everything is really great here in GHIV land too. They just put in a Ferris wheel, a petting zoo, and I’m told Bobby McFerrin was hired for a show in the middle of the park later today.

There doesn’t look to be any hype around these, barely any discussion on the usual sites. While they’re safe buys in so far as you won’t lose anything on them, these aren’t going to do anything any time soon, so your money is just gonna sit there for potentially a year or more. My personal...

Hmm. Would have been nice if they announced earnings pre merger. CEO said they had the best year in company history but couldn’t say more.

Might pay out well for you, too risky for me. Since I’m saying this of course it’ll go to $25.

I’ll hold through the weekend. Merger is on Wednesday, so one way or the other I’m dumping Tuesday. There’s a lot of hype about it going high after earnings in first week of Feb but I am not taking that risk.

GHIV has been wasting my time all week. Could have invested elsewhere and made really good gains this week. I’m starting to even doubt it’s going to pop next week pre merger. And of course Tilray is killing it again.

And Tilray is way up today — which of course I sold a few thousand dollars worth yesterday at $12.99.

boldstrategy.jpg

Well, there you have it.

I gotta look into that more too, good idea.

This is not at all scientific, but here’s my method, and it’s simple and has been working, more or less what Fogel said. See what’s being hyped here, on SPACS on Reddit (there are numerous subreddits regarding them,) Stocktwits (awful site with crummy people but good for seeing what’s hyped,)...

All of the above is why I like putting money in SPACs as an amateur. 10-11 is safest but 12s is more or less okay also...you can never really lose that much if you get out before mergers. It’s rather mindless really. I’ve been following the hype around things before they get hot and routinely...

Buy $20,000 of GHIV in your fun money investing account. Step 2: Maybe profit some day soon.

noice! I’m sitting here working at home listening to Matt Ishibia’s UWM call. Just a pep talk for people who are considering them as their broker. Apparently people thought it was going to be earnings related which was never a fact.

Sheeeit. I was eyeballing that a week or two back. Hope you’re making a killing.