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Wasn't there some docs recently showing that something like 80% of PSTH holders are institutional? I mean, I can definitely see big funds manipulating to shake the paper handed retailers into selling their quality SPACs at nav prices.

Seeing a lot of SPACs below nav. Newer one ENVIU hit 9.77 today.

XPOA at 9.95 currently. Free money?

I mentioned yesterday, we blew through significant macro support and pivots on both SPY and QQQ. This is why I am mostly cash. We could turn around at any minute, or search for a bottom.. if we hunt down, the nearest support is a long way off. (QQQ already pushed through the 100 day moving average)

This opened right at the market open today, but just trading sideways. No movement.

Massive selling into the close for low of days. Happy to be mostly cash overnight!

Not touching either. I am mostly cash. QQQ under 311 has room all the way to the 100 day at ~306. SPY has broken through this macro support for like the 3rd time now in a couple weeks. This isnt a sharp over-reaction sell, this is a slow controlled bleed today, which is far more concerning. At...

10.07 today.

All spacs under pressure today. Long term account looks pretty ugly. Haven't seen these low levels in quite a while.

XPOA hit 10.27 today. This thing hurts looking at % losses.

Yes, putting that cash into a 2020+2021 IRA is a great plan.

XPOA looking kind of dead here at 10.35 My 10.79 average, which I thought was nice is down 4% now. Bleh.

PSTH struggling to get back over its 20 day moving average now ~$29.50 Need some more Ackman hype.

I usually only enter my swings the last 2 hours of trading. Too risky entering early in the trading day, not knowing where the general market direction is taking us.

Wrapped up my month. Tough ugly week, but very pleased with the end result. (Realized daily gains)

Yep, watched that last 5min candle of SPY volume explode. But yea, weekend, end of month, and sitting at a very critical level.. no surprise that no one wants to hold over the weekend.

This is such a good point. What are markets going to look like next month when we hit the 1yr (cap gains date) from market bottom? Profit taking at the tax advantage. Going to be a fun ride.

The man is already on it gentlemen. https://www.wsj.com/articles/u-s-airstrike-in-syria-targets-iran-backed-militia-11614299547

Still, this price point is pretty great. 52wk says the low was 10.38, so happy to add here as there isn't that much room below. Market could catch its feet next week and we would be kicking ourselves for not taking this price. *edit* plus if we see an absolute market bloodbath, happy to buy...

Not sure the exact date either, but thanks for the reminder of 1/4 warrants. Just filled orders in 2 diff accounts of CPUH/U shares to be 1/4 divisible for max warrants.

Still not convinced of the bounce. SPY has basically been trading in a range in a channel since November. We just broke the lower end of that channel today for the first time. Just sitting and waiting for confirmation either direction. Being a Friday end of week, end of month, I see it just...

Besides my near nav SPACs, I am in cash now. We have broken 2 macro trend lines on SPY and are lower than the earlier week's dip. Looking like a bottomless pit below. Happy to buy back in whenever we can confirm strength, but it surely isn't today.

Wow. XPOA hit 10.30 .. that seems pretty extreme low. Thoughts @Sanrith Descartes ?

My buys of F (Ford), which I have posted in the thread from $9.xx were a part of this value rotation. It has helped that they have had some great headlines since then, but that had broken over $12 recently, which is a very sizeable gain for a "boomer stock". Part headlines, more rotational...

My last 30 trading days, up to today. Always keep perspective.

PSTH spiked to $30 out of nowhere on very large volume. I see no news. It is already fading back down to vwap.

I was eyeing the exact same thing, but SPY bounced off the macro trendline and TSLA was still miles away from the 100 day, I knew it wouldnt happen. Today is a slow bleed day, where earlier in the week was just a sharp irrational sell / bounce.

That same play on the market dump earlier in the week would have netted you a full 80 point bounce off TSLA 100 day MA.

XPOA tapped 10.50

Added 1k shares CPUH/U at 10.70 Bought back some more GSAH at 12

Coinbase had a presser back in December on a direct IPO listing. Goldman Sachs was tapped to handle the financials. This is where internet kids got their wires crossed and started seeing the GSAH (Goldman Sachs Acquisition Holdings) acquiring Coinbase rumors on the net and its subsequent price...

Saw that yesterday and laughed.

Live trading. Dude has made 50k on GME already and another 11k on KOSS (premarket).

Joined WSB Discord to see what that looked like. Wow. Pure internet aids.

GME smacked $200 and retreated so far. Crazy.

GME and AMC killing it in the AH market. Currently +215% and +38% respectively.

F buy in the hole is paying massively. Hit a high of 12.4 today.

Quick spike, then flush. Trading at $83. Popcorn time.

Well, it passed the 10min halt mark, which means it will resume on market close for after hours trading. (No halts after hours) Still likely to see a flush on price.