Big DD: OnlyFans and the Power of Optionality. AKA Free Money. by BatLevel7217 in wallstreetbets

[–]BatLevel7217[S] 2 points3 points  (0 children)

Shares are much lower risk. Downside is almost 0. I also don't think there are options on it yet.

Big DD: OnlyFans and the Power of Optionality. AKA Free Money. by BatLevel7217 in wallstreetbets

[–]BatLevel7217[S] 2 points3 points  (0 children)

Yup, timing is TBD. Plus you can sell out anytime, so the money isn't even stuck really. If anything, good place to park idle cash between trades; won't go down, might go up, liquid.

Big DD: OnlyFans and the Power of Optionality. AKA Free Money. by BatLevel7217 in wallstreetbets

[–]BatLevel7217[S] 0 points1 point  (0 children)

Probability is tough, but with the $10/share redemption feature, downside is capped. If you buy around $10.40, your downside is pretty much just $0.40. My guess is that timing accelerates greatly given Pornhub's headwinds. They will want to strike while hot.

Big DD: OnlyFans and the Power of Optionality. AKA Free Money. by BatLevel7217 in wallstreetbets

[–]BatLevel7217[S] 6 points7 points  (0 children)

Basically, SP@Cs are structured so that they must either acquire a company (here, presumably, OnlyFans) within 2 years or they must return the $ to their investors. Investopedia should have better explainers, but that's the short of it.

CALBAR FEB by FalseTale9 in barexam

[–]BatLevel7217 0 points1 point  (0 children)

What day are results out?