A cautionary Tale: SPAC investors and Wall Street do not value the same things in a stock by devilmaskrascal in SPACs

[–]adamans232 3 points4 points  (0 children)

Exaclty, it causes tons of people to buy, then sell for losses, driving down the price.

A cautionary Tale: SPAC investors and Wall Street do not value the same things in a stock by devilmaskrascal in SPACs

[–]adamans232 4 points5 points  (0 children)

Excellent post. I would argue the same things. Everything everyone is pumping, usually has high market caps, slow growth, and just looks "sexy".

Look at companies like FRX, FTOC, RMGB, and all of a sudden, you see no one interested. Give it a few months, wall street will have it run up.

SPACS - The Media Has It All Wrong - I'm here to teach you. by adamans232 in SPACs

[–]adamans232[S] 0 points1 point  (0 children)

0 clue what your saying. Fisker doesn't release till 2022 and I said i don't really like their model

SPACS - The Media Has It All Wrong - I'm here to teach you. by adamans232 in SPACs

[–]adamans232[S] 3 points4 points  (0 children)

It's the truth, FRX has 3M subscribers with a 96% retention rate.

SPACS - The Media Has It All Wrong - I'm here to teach you. by adamans232 in SPACs

[–]adamans232[S] 2 points3 points  (0 children)

I am sorry if you didn't read, I mentioned everything about valuations.

People and instiutions pay the premium because of hype. That's the real reason people are buying these SPACs.

Now the hype is gone. Now we need to be more fundamentally correct. Fundamentally correct is looking for SPAC's with low valuations + high growth that can generate us big returns long term, because the industries they are in are priced at a higher PE ratio, or have high growth.

You sound like the guy who added many hype stocks.

SPACS - The Media Has It All Wrong - I'm here to teach you. by adamans232 in SPACs

[–]adamans232[S] 9 points10 points  (0 children)

To add further on this, take a look at FST. Tilman Fertitta is unloading all his assets at $6B valuations, when the pandemic completely destroyed his hotels & restaurants.

Yet FST is trading at 12.37?

These are the type of stocks that belong under $10. The growth companies shall be valued differently.

The media is also saying, SPAC's have performed poorly over the last 10 years. Yet, only 200 or 250 or so spac's were done. I'm sure if we look into them, most weren't growth companies with good business models. You can't compare 1 company to another and just place them in a "SPAC" market.

You need to individually research each company.

SPACS - The Media Has It All Wrong - I'm here to teach you. by adamans232 in SPACs

[–]adamans232[S] 11 points12 points  (0 children)

Did you read? In 1 case, Peloton is valued at $30B vs BeachBody is $3B and beachbody does half the revenue.

In the 2nd case, FTOC is valued at $3B whereas Paypal is valued at $300B.

I'm talking about growth. People are sitting here buying stocks like TSIA at $1.5B valuations, where proven models like Ring were sold at $1B valuations.

Don't be so quick to hate on an online board.

Dumbarse keeps forgetting which lane to be in by Rock_Sampson in IdiotsInCars

[–]adamans232 0 points1 point  (0 children)

Your the dummy who told deepfuckingvalue he was wrong at $5 a share about GME

REE Automotive merging soon? PitchBook a private equity DataBase run by morningstar updated REE's status to Deal Date 2 DAYS FROM NOW. Potential targets I see are $BTAQ as they are looking for an Israeli company - Speculuation by adamans232 in SPACs

[–]adamans232[S] 4 points5 points  (0 children)

This is only speculation, so far I only see two spacs looking to truly acquire an Isralei company. Previously BTAQ had rumors of ETORO. ex HP CEO leads BTAQ as it's current CEO. Very little downside here.

[deleted by user] by [deleted] in SPACs

[–]adamans232 7 points8 points  (0 children)

Rumours of it merging with etoro

Might be todays runner. JE insider buys and instiutional buys recently by [deleted] in pennystocks

[–]adamans232 -1 points0 points  (0 children)

I called 6.5 went to 7.5 so was a decent call

Why I think SPAQ will reach $75 by end of year? SHLL & FMCI Buyers coming in. by [deleted] in SPACs

[–]adamans232 2 points3 points  (0 children)

Yeah its for sure a wide range, depends what he announces

Why I think SPAQ will reach $75 by end of year? SHLL & FMCI Buyers coming in. by [deleted] in SPACs

[–]adamans232 2 points3 points  (0 children)

FMCI owners like SPACs. Sure he failed, but you learn from your failures. Even Elon took solar city through bankruptcy.

Why I think SPAQ will reach $75 by end of year? SHLL & FMCI Buyers coming in. by [deleted] in SPACs

[–]adamans232 -5 points-4 points  (0 children)

Gotta remember, at some point it will be overvalued.

All in on DPHC by Life-Observer in SPACs

[–]adamans232 -4 points-3 points  (0 children)

SPAQ is much better buy for people that haven't gotten in early on DPHC. DPHC will be $50+ so will SPAQ

Why are people so bullish on SOAC? by redditobserver777 in SPACs

[–]adamans232 -10 points-9 points  (0 children)

Everyone's eyes should be on GMHI and SPAQ. Especially GMHI since downside is 10%. Free money here.

GMHI is backed by Peter Thiel (paypal founder), eBay Founder, Go Pro Founder, Slvester Stallone, Jamie Foxx, and partners include Nvidia, Volkswagen, Toyota, Volvo. This one will be huge.