SPAC & IPO Ideas

Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
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CCIV sub-$30

falling GIF
 
Fogel

Fogel

Mr. Poopybutthole
12,172
45,361
Fogel said:
Think of it like this, you can take that money you'd put into CCIV, and instead buy 5-6 times more shares of other spacs that have almost 0 downside and unlimited upside. I did the same thing on LAZR with covered calls, and if I had jumped back in to try to catch the rocket ship I'd either have lost more or still be trading flat right now.
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Quoting myself to show why it's important to scale back when spacs go up. If you owned a spac at 11 when the market crashed you lost maybe 5% and have probably gained that back already while CCIV is now down more than 50%
 
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Fogel

Fogel

Mr. Poopybutthole
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45,361
Sell at 12.30 and buy at 12.27, do I have to fucking hold hands here!?
 
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Rajaah

Rajaah

Honorable Member
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TJT said:
Are ZNTE and VCVC DOA? I've been watching these ones because y'all talked about them. But they seem to be on the train down to $10?
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I broke the sub-$12 rule and got ZNTE at like $14, so it's been a loser for me. Not too worried though. Just a lesson that if you're going to go in on something, the closer to 10 the better.
 
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Sanrith Descartes

Sanrith Descartes

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Rajaah said:
I broke the sub-$12 rule and got ZNTE at like $14, so it's been a loser for me. Not too worried though. Just a lesson that if you're going to go in on something, the closer to 10 the better.
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Sub-$11 entries and the odds of it being a loss are very minimal. Stick with the plan.
 
Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
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Grabbed some CRHC at $10.75 in the premarket. Been stalking it for a while. Its one of the +$750 million SPACs I hadn't grabbed at sub-$11. Led by Gary Cohn (former COO GS and former Dir of the National Economic Council under DJT). They dont list a sector they are searching in, but at $10.75 I will throw the dice. I have been stalking the big SPACs without a deal for weeks now.
 
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Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
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PSTH
I happened to look up PSTH on SPAC Track to see if it had loaded any info on PSTH 2 and noticed this for the 1st time.. Made me chuckle.

1614261508954.png
 
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