SPAC & IPO Ideas

Khane said:

So CCIV is going back to the moon?

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I might buy some shares now instead of just writing options on it.

Jysin said:

One of the persistent rumors and optimism around PSTH has been Stripe for a target acquisition. This tweet seems like a nail in the coffin for that.

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Expect some weakness today on this news. Personally Stripe was out of it after their last funding round. This will just begin the massive "its gotta be Star-Link" rumors now.

I put a limit order in on PSTH warrants at $9 on the off chance there is a flash crash and bounce like we saw a few weeks ago. Probably wont amount to anything but ya never know.

Fogel said:

Was already able to close my 3/19 22 PLTR put, going to wait for a dip before selling more puts

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im letting time decay do its magic on my 3/19 BTWN puts.

Is it still a good idea to buy into ZNTE? It's hovering around NAV, so I'm considering another buy there. It's been hovering for a while with little action, though, so I'm not super-confident that it's going anywhere at this point. If there's still a good chance it'll pop, then this is the perfect time to get it.

I'm already down $20 w BTNB today, lulz.

Those squeezes tho.

Rajaah said:

Is it still a good idea to buy into ZNTE? It's hovering around NAV, so I'm considering another buy there. It's been hovering for a while with little action, though, so I'm not super-confident that it's going anywhere at this point. If there's still a good chance it'll pop, then this is the perfect time to get it.

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I think ZNTE is done which is a shame because I overpaid heavily. It was one of the first SPACs I bought at $14/share after selling my previous one for like $26/share - so I was kinda high on success and didnt think $14 was a big deal. I'm sitting on a bunch and wish I could get rid of it, but Im already at NAV so makes little sense to sell.

SAII getting a little movement upward. An insider with 10%+ stake bought another 34,000 shares yesterday according to filing. Also a rumor it might get some positive press tomorrow.

Glad I dumped this dog.

El-oh-el

OMG. The salty tears on Twitter from all the people holding the bag on those $30 PSTH calls they bought expiring tomorrow is delicious.

ps.. I hope it isnt any of you board bros. IF so, Im sorry I am laughing at your twitter tears.

Public service announcement: Friends don't let friends buy calls. They show them how to write puts.

$SAII jumping on this tweet and report. For the record Otonomo's revenue is microscopic. Full disclosure, both of my companies do more revenue than they do and neither of my companies are valued at a billion dollars. I am long SAII, but by long I mean loooooooonnnngggggg. As in it might be years before it does shit.

edit: I like Israeli tech companies and I like data companies.

Sanrith Descartes said:

$SAII jumping on this tweet and report. For the record Otonomo's revenue is microscopic. Full disclosure, both of my companies do more revenue than they do and neither of my companies are valued at a billion dollars. I am long SAII, but by long I mean loooooooonnnngggggg. As in it might be years before it does shit.

edit: I like Israeli tech companies and I like data companies.

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Wonder what kind of car data. Are they selling Carfax type of data such as service records and DMV records tied to unique user? Or are they selling automotive shopping behavior data? The latter would be a gold mine.

I worked in automotive advertising on the digital side for a year in a startup back in 2016 and its laughable how behind the times automotive marketing is. 10 years behind at least. There's a reason they spend so much money on commercials during NFL games, its because they dont know how to do anything else. To be fair, they have an attribution problem from online shopping to actual purchase that is extremely difficult to solve (you can put a $10,000 TV in a shopping cart on amazon and check out, but you can't do the same with a used car at same price).