SPAC watch

Discussion in 'Stock Market Today' started by StockJock-e, Feb 17, 2021.

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  1. StockJock-e

    StockJock-e Brew Master
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    AVAN down to 10.40 yesterday seems nice
     
  2. StockJock-e

    StockJock-e Brew Master
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    All the SPACs getting deflated a bit after people saw what CCIV did lol
     
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  3. StockJock-e

    StockJock-e Brew Master
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    This is good!

    Well, good if you are not in yet, bad if you were in last week.

    All these SPACs returned to the $11 area!
     
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  4. StockJock-e

    StockJock-e Brew Master
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    RTP below $12 today
    upload_2021-2-26_9-21-3.png
     
  5. StockJock-e

    StockJock-e Brew Master
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    [​IMG]

    supposedly something crypto related eventually
     
  6. StockJock-e

    StockJock-e Brew Master
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    Stay away from SPACs more that cost more than $12 seems more accurate.
     
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  7. T0rm3nted

    T0rm3nted Moderator
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    Can you do a little explanation of the $10 meaning of a SPAC? I have done like no research into SPAC's other than following CCIV for the last month or so.
     
  8. Syynik

    Syynik Active Member

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    Got those trigger names in there, all right. Speak "Tesla" and "Amazon" over a dead chicken and it miraculously comes back to life and brings a lithium mine and Bitcoin tree with it.
     
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  9. StockJock-e

    StockJock-e Brew Master
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    Good question, I never really bothered to look into why they decided on $10 and not say $20 or $50...

    Guess Ill do some reading over lunch:

    https://www.spacresearch.com/faq
     
  10. T0rm3nted

    T0rm3nted Moderator
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    If I wanted to read 100 pages I would have done it myself!
     
  11. StockJock-e

    StockJock-e Brew Master
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    Why you forcing me to learn?!? :)
     
  12. T0rm3nted

    T0rm3nted Moderator
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    Because I don't want to and this is the internet where I can demand info immediately
     
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  13. StockJock-e

    StockJock-e Brew Master
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    FTCV is supposed to be taking eToro public

    [​IMG]
     
  14. Dave Kraayeveld

    Dave Kraayeveld Active Member

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    Hello, again I was asked to make sure everyone understands my comments are pure opinion. This so I don't offend anyone. To the point of not investing in companies about to go bankrupt. In August 1997 there was a company on the verge of bankruptcy and nobody wanted to touch it. Bill Gates decided to invest 150 million dollars to save a sinking boat. That boat was carrying apples, not the fruit but the computer company. Imagine how many jobs he saved. Sorry I am bored and looking for some conversation.
     
  15. Rustic1

    Rustic1 Well-Known Member

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    HTZGQ
    SHLDQ

    These oldtimers sure could use Bill's help. :cool2:
     
  16. StockJock-e

    StockJock-e Brew Master
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    Thats a good topic for the daily discussion thread here: https://stockaholics.net/threads/daily-discussion-main-discussion-thread.11564

    And every comment here is opinion, so there is no need to preempt a comment by saying its opinion.:thumbsup:
     
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  17. Dave Kraayeveld

    Dave Kraayeveld Active Member

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    Not so fast my friend. I told someone yesterday I valued my dad over Mr. Wycoff. My dad roamed Wall Street as one of those fancy 3 letter executives from about 1980 till 2000. Wycoff said ignore earnings my dad said watch. The responder didn't take that well.
     
  18. spindr0

    spindr0 Active Member

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    Given the size of the local population, do you have a mirror?
    :(
     
  19. StockJock-e

    StockJock-e Brew Master
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    Interesting to see the SPAC craze cool off a bit. All the charts on the first post moved down in unison.
     
  20. StockJock-e

    StockJock-e Brew Master
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    Check out how all the SPAC charts on the first post have died!

    They were all at the highs when this thread started.


    Also here is a new one

    upload_2021-3-23_12-17-39.png
     
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