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They're buying it because Elon tweeted it, so...

A lot of us are fidelity fan boys, they didn't have any issues or block any trades during the meme stonk wars

The spac lifecycle may be accelerating. Just looking at the last couple of years, the average spac went from 18 months to close a deal down to under a year. Also, certain sectors are exploding like EV spacs while others are being ignored.

If you're lucky you'll be able to join Mario for some nuggets and Mcdoubles for lunch tomorrow

I'm still worried that Jack Ma is in a Uighur slave camp to touch BABA right now

The trigger is the rumor before the merger. It never shot up after the rumor/confirmation and when the merger hit it went down. Not all spacs are winners, thats why you need to be active in a couple

You can find that for dozens of spacs, maybe pick better spacs? 6k gains on 46k invested in one month, and most of these haven't even had their 1st rumor yet. But yeah, spacs suck. Careful with those spac scams guys!

Sold GHIV for a loss after holding it for over a month, could of held it longer for a bigger loss. Can only cut bait and put the money in a fresh spac

@SpacGuru and @SpacTrack on twitter for a good source of rumors, news, etc

Pretty much. Some people don't like to get in too soon, so they'll wait a few months and buy in at 11-12. Then some sell for a quick 10-20% while others hold from more. This is where you start to develop what works for you.

I'm getting GHIV vibes from this, cutting bait myself.

It's wall street, all the terms blend together.

Chamath spacs carry a higher premium then the others due to his other successful spacs combined with his fanboy status on twitter

I like the looks of AJAX and IPOF, would need more info on the teams and targets of the others to comment further. I already have RTP

Could always get back in to SNDL, it's moving! Also, NAKD popped up 30-45% today

We need to trick him to make a post with the word fiduciary in it first. In cciv news, speculation is that the price is so high is because its got the interest of whales/institutions

Look at this insider trading @SEC

You hold it until the first rumor of which company they're in talks to merge with comes out. When that happens it can shoot as high as 30$+ within a day or two

Dunno, this one is not acting out in the usually spac pattern for multiple reasons, its very emotional at this point. It's gone as high as 35 before coming back down to 30, and people are talking about buying 50$ calls in march

Dude he didn't even bring up the Kremlin yet. Heard he's got a room in one of those weird spinneret thingies.

went back to 30 pretty much instantly, thoughts and prayers Also, already up almost 10% on BTNB, this thing has potential to be insane.

Checked in on our buddies AMC/GME, and they've been holding the 8/90$ range all day. God bless those diamond hands

So all that being said about real estate: Don't. Seriously, unless you have connections or are your own GC, it just isn't worth it, before you even factor in the current politics.

Its kinda sad that this is more true than a meme.

SNDL bounced back from that share offering better than I thought it would. Also going to take a stab at trading calls, either way weed is back on the menu

They were quick to adjust that premium on the downswing though, assholes!

Oh snap, cciv halted down at 28

Correct, option sellers cannot exercise early, only buyers. But like I said, it almost never happens. Most options are bought and sold before they're assigned or expire.

FTFY Just submitted my roth IRA contribution of 2021 courtesy of AMC, thanks AMC!

Agreed, most I'm going to do with cciv right now is play around with options. I made less than if I had bought it at 20 but protected myself all the way do to 16

There was a bad photoshop going around showing either cciv or psth added to a lucid company page The day you go 100% all in on apple is when they announce their dev team is going full diversity aka no white/asians

They were rumored to be the targeting Ree, but Ree ended up going with VCVC

Can't win them all, can still make money on both though

I bought some VCVC this morning at 15. This is an example of buying into a spac post rumor based on the company. If you compare Ree to the other big name EV plays out there like CIIC, ACTC, XL, RIDE, NGA etc and there's no way this thing wont be in the 20's soon enough

1. Correct, this is whats called selling (Sell to open) a covered call. You need to already have the 100 shares when you do this and those shares will be locked until you buy out the option (buy to close), the option expires because the stock is below 13.50, or it executes because its in the...

Looks like Ree automotive went to VCVC instead of BTAQ, expect to see a drop in BTAQ, which would be a good time for some of you guys to get in if you wanted.

When the WSB tards see that spacs dont move at the same speeds as other stocks they'll move on to something else soon enough. I'm surprised their not all over weed for the meme value

Booooooooooooooring Have it explained by an Asian chick. This one is actually good at math unlike Lanx https://www.bing.com/videos/search?q=fidelity+index+funds+video&docid=608035278032866476&mid=7B4DE4269504BF3EA4257B4DE4269504BF3EA425&view=detail&FORM=VIRE

Look up some youtube videos that go into the basics of Index funds, things like S&P500, QQQ, etc. Index funds should be the backbone of your retirement investing, at least in the beginning. Also, make sure you're contributing to your 401K and IRA first. Index funds and tax deferred accounts...

As much as I love money, fuck amazon and google