Sanrith Descartes
Von Clippowicz
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SPAC & IPO Ideas
- Thread starter Blazin
- Start date
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SPACs are so January 2021. I'm moving to the fast paced e-world of crypto currency. That's right, bits and bytes, futuristic moon money.
Note: I couldn't explain what blockchain is if you held a gun to my head.
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Big Phoenix
Pronouns: zie/zhem/zer
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Jysin
Ahn'Qiraj Raider
- 6,280
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At this point in my spacs sitting at nav, there's basically zero downside risk and 20%+ potential. (For example: Dumpster fire Shaq-spac + WeWork hit $14 yesterday). As long as you don't need the money immediately, there is no point selling at bottom. Completely understand opportunity cost, but my heavy spac positions are only about 20% of my entire retirement portfolio. Long term, these can be big winners. I still have plenty of capital to position around for respectable gains elsewhere.
If you're not in the spac game yet, these bottom prices are the time to get involved. You may sit idle for a while, but there is big upside potential with little downside risk. What's not to like about that? Again, management teams are everything. I wouldn't touch anything but the top rated stuff like GSAH, CCV, XPOA, and I would say PSTH, however, that is a bit more risk currently sitting just a touch over 25% premium over nav. PSTH is my largest holding at about 3600 shares and I expect big things. If we see $23 or less anytime soon, I am loading up even more.
If you're not in the spac game yet, these bottom prices are the time to get involved. You may sit idle for a while, but there is big upside potential with little downside risk. What's not to like about that? Again, management teams are everything. I wouldn't touch anything but the top rated stuff like GSAH, CCV, XPOA, and I would say PSTH, however, that is a bit more risk currently sitting just a touch over 25% premium over nav. PSTH is my largest holding at about 3600 shares and I expect big things. If we see $23 or less anytime soon, I am loading up even more.
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Sanrith Descartes
Von Clippowicz
- 41,547
- 107,640
The higher quality SPACs are getting some attention (albeit not a lot). BTWN and BTNB have been very slowly creeping out of the $10 cellar.
Sanrith Descartes
Von Clippowicz
- 41,547
- 107,640
The number of public listings by zero-revenue companies valued above $1 billion currently exceeds the dot-com era
Sixteen pre-revenue firms have gone public or expect to go public in 2021 with a valuation over $1 billion, more than in any year in the dot com era.
markets.businessinsider.com
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I've kept for now a small collection of what people are saying are the more "high quality" spacs, but we ALL knew that "fool proof" game that everyone was running the last six months could not last.
I've actually gotten more into the steel/materials game. And i've re-entered the *gasp* airline and cruiselines.
I've actually gotten more into the steel/materials game. And i've re-entered the *gasp* airline and cruiselines.
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Jysin
Ahn'Qiraj Raider
- 6,280
- 4,035
Diversification. It doesn't have to be an either / or.
Got a lot of money in spacs, while I had also loaded up DAL in the $30 range over late 2020. Airlines have already made a big move. Not sure jumping into them right now would be my play, personally.
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Frontier IPO from a few days ago up 8 percent
Also jetBlue released info on their transatlantic service to London starting this summer and its going to by wildly popular compared to what others are doing. They are going to be serving hot, customizable meals in coach w/ free beer/liquor and also free high speed wifi the whole way. No one else is doing that. Oh, and they have secured Heathrow slots.
Jysin
Ahn'Qiraj Raider
- 6,280
- 4,035
I also had about 3k shares of NCLH at 25.5 recently on the cruise ban through Nov news. It spiked low on the news and I loaded up. Sold 26-27, then this week they bump the cruises up to July and NCLH has rocketed this morning to nearly $33.
Fomo paperhands.
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Sanrith Descartes
Von Clippowicz
- 41,547
- 107,640
Sanrith Descartes
Von Clippowicz
- 41,547
- 107,640
TSP
Revenue is so last decade...
"The company has not recognized a material amount of revenue to date, and it expects to derive substantially all of its revenue from its Autonomous Freight Network, which is still in the early stages of development and commercialization."
www.renaissancecapital.com
Revenue is so last decade...
"The company has not recognized a material amount of revenue to date, and it expects to derive substantially all of its revenue from its Autonomous Freight Network, which is still in the early stages of development and commercialization."
Autonomous trucking startup TuSimple sets terms for $1.2 billion IPO
TuSimple Holdings, which is developing autonomous driving technology for freight trucks, announced terms for its IPO on Wednesday.
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Sanrith Descartes
Von Clippowicz
- 41,547
- 107,640
Anyone done any real due diligence on Coinbase IPO yet? Not exactly a fan of the company, but if I can make some scratch off the IPO flip I am always interested.
Tmac
Adventurer
- 9,427
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TSP
Revenue is so last decade...
"The company has not recognized a material amount of revenue to date, and it expects to derive substantially all of its revenue from its Autonomous Freight Network, which is still in the early stages of development and commercialization."
Autonomous trucking startup TuSimple sets terms for $1.2 billion IPO
TuSimple Holdings, which is developing autonomous driving technology for freight trucks, announced terms for its IPO on Wednesday.
Time to start SKYN (Skynet). "They company has not recognized any revenue to date, and expects to derive all of its revenue from its Autonomous Robot Network, which is still in the early stages of development and commercialization."
Sanrith Descartes
Von Clippowicz
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Fogel
Mr. Poopybutthole
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Can't wait for the videos of them pushing robots on rollerblades down hills as proof of concept
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Sanrith Descartes
Von Clippowicz
- 41,547
- 107,640
Don't know anything about options but you bought tons of worthless PSTH calls? No problem, just roll them into spreads. Don't know what any of this means? So what, here is a guide. Can't make this shit up.
Sanrith Descartes
Von Clippowicz
- 41,547
- 107,640
You made me go check. I have made (realized gains) over $1200 just writing puts on PSTH. People buying calls just make me shake my head in bewilderment.
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