/biz/ - Business & Finance

>>30222101
Aren't merger votes a sell the news event?

(pic related is very outdated, we had more SPACs IPO this year than all previous years combined)

>>29656454
Probably not?

>>29253810
>>29253489
There are more than 300 SPACs on the market right now. The time of easy SPAC plays is over.
Pic related is not relevant anymore.
Time to move on.

>>29196435
CFII is a SPAC, it was created by rich dudes who are bored and want to buy out another company. Sometimes they know what company they want ahead of time, sometimes they just choose a sector and go from there.
So the first thing they do with a SPAC is create an IPO to get investors like you and I interested. The gamble for us is that we don't know what company they want to buy out (initially). We can wait and find out, but by then the price has gone up a bit and there is less profit to be made.
CFII is wants to buy out this Smart Window company, and the vote on 3/5 will decide whether both parties agree or not. If they reach an agreement, stock goes up, everybody makes money. If not, stock goes down, you're left holding bags. Pic related.

>>29156010
Yes, but you have to be patient.

>>29098707
Until you get a bit of a sense for it I'd recommend cashing out your initial investment once it reaches around 20$ and then just let the rest ride. There's also several large dips that pretty much every SPAC follows which gives opportunity to buy back in at lower prices. Always sell before the merger. That's about it.

>>29056515
Still need the second correction.

>>29037633
Suffering from Bobo? Just buy SPACs, it's illegal for them to go below 10$. No need to thank me :)

Tell me your favorite SPAC in the 10-12$ range RIGHT NOW please

>>28591564
It's interesting tho that SPACs get SO pumped after an announcement nowadays. It's like everyone's aware of the SPAC curve and try to front run it more and more, destroying the pattern.

>>28328434
It's a spac. It will crab until a few days before DA.

>>28122875
I guess it will pump once more just before the merger. People were just profit taking the spac cycle.

>>27475157
It's already pumped to hell. No way it doesn't drop. Buy after symbol change if you really believe in them.

>>27413478
3
thank you for your time

>>27398761
What's teh timeline on ACEV? I mean there are theese jewberg rumors, but realistically?

>>27035336
>How fucked are the Foley spacs?
Dunno, I haven't been trading or doing any research for a week now. Everything's cancer currently.

>>26200200
I'm selling after the DA, buy back in 2 weeks and hold it until at least EOY. SoFi seems like a proper winner.

>>26127206
If you don't count the penny SPAC BS, and know when to take profit, it's basically free money.
>pic related

>>26042546
the thing about BB is it isn't a company in trouble.

They just settled a lawsuit with facebook over patents, then sold their cell patents to huawei, now they are all in on cybersecurity

Even if the shit goes down you shouldn't really be worrying about them going under or something

>>25939775
>10+ ETFs and some blue chips
At this point you might as well buy a whole-market large-cap fund and be done with it.
Choose 2 ETFs.

>>25939780
It's a SPAC. see pic related.

>>25884279
Are you sure it's "every time"? Not like 1 in 4 times? And you'd be down to zero already if you actually did it? Keep notes my man and be surprised.

>>25884297
Proud bagholder here. Panic bought at 19.5 I'll hold till the DA (late february?) and hope for the best.

>>25881940
SPACs. Like IPOE. And not because I'm bagholding here.

>>25874466
>>25874513
I forgot to attach the fucking picture. So
>Is this how SPACs actually work? Am I right to hold IPOE even thought it's gonna crab for 2 months before it hits 30-40?

when do you guys think IPOE and BTWN will peak? I found this chart someone made but I have no idea if it is relevant or reliable.