SPAC & IPO Ideas

BTNB up 5% on no news.

BTWN +4% on no news.
+7%
+10%

Jysin said:

RICE just touched shy of $16. 60% up from nav is a pretty compelling argument for a return to spacs!

Click to expand...

Considering its a nat gas associated company, this tells me people buying it dont have a clue about the underlying company.

Fogel said:

Better sell before the hedgefunds start shorting it and doing ladder attacks to drive down the price! I hear that's the only reason stonks go down right now.

Click to expand...

I am checking the short shares available and this is true for lots of meme stocks. Payback for the AMC/GME attack I reckon.

Look at VLDR. Match up the times people closed out shorts (the number of shortable shares available increase) and open shorts (Shares available go back to zero) and match it to the chart today. The times line up. It is being shorted to the floor right now. Good news is there is nothing left to short so this is kind of the bottom in terms of price.

Fogel said:

Better sell before the hedgefunds start shorting it and doing ladder attacks to drive down the price! I hear that's the only reason stonks go down right now.

Click to expand...

“Teh manipulation!”

Even social media for crypto is full of this now.

Bitcoin goes down, “this is being manipulated!” The good thing is people are calling out the idiots on it and piling on with comments or downvotes.

Fucking GME / AMC cult is to blame for all of these retards.

Jackie Treehorn said:

“Teh manipulation!”

Even social media for crypto is full of this now.

Bitcoin goes down, “this is being manipulated!” The good thing is people are calling out the idiots on it and piling on with comments or downvotes.

Fucking GME / AMC cult is to blame for all of these retards.

Click to expand...

Sometimes is really is manipulation though. If by manipulation you mean all the shortable shares having been loaned out to short.

Sanrith Descartes said:

Sometimes is really is manipulation though. If by manipulation you mean all the shortable shares having been loaned out to short.

Click to expand...

Well sure, I get it’s a real thing, but it’s these people calling any downturn everywhere on every stock manipulation.

Jackie Treehorn said:

Well sure, I get it’s a real thing, but it’s these people calling any downturn everywhere on every stock manipulation.

Click to expand...

Well, most of them have the IQ of a turnip so its to be expected.

Sanrith Descartes said:

BTWN +4% on no news.
+7%
+10%

Click to expand...

+12%. Something is up.
+13% and I am now green on the shares I got assigned a month ago.

+15%

Jysin said:

Curious if someone's $200k+ worth of $42 PSTH calls are expiring worthless tomorrow. Man, people are crazy.

Click to expand...

Ima say yep.

Jysin said:

They just keep coming to set money on fire:

$PSTH 07/16/21, 2000 calls bought for $35 strike. $322k bet

Click to expand...

They should just give me the money. They still lose it but at least I get rich off of it.

Jysin said:

From yesterday:

SEC.gov | SPACs, IPOs and Liability Risk under the Securities Laws

SPACs, IPOs and Liability Risk under the Securities Laws, statement by John Coates, Director, Division of Corporation Finance

www.sec.gov

Click to expand...

The important part:
"More specifically, any material misstatement in or omission from an effective Securities Act registration statement as part of a de-SPAC business combination is subject to Securities Act Section 11. Equally clear is that any material misstatement or omission in connection with a proxy solicitation is subject to liability under Exchange Act Section 14(a) and Rule 14a-9, under which courts and the Commission have generally applied a “negligence” standard.[11] Any material misstatement or omission in connection with a tender offer is subject to liability under Exchange Act Section 14(e). De-SPAC transactions also may give rise to liability under state law."