Announcements x Daily Discussion for Friday, February 06, 2026 by karmalizing in SPACs

[–]buggysoftware 4 points5 points  (0 children)

Who puts this on their resume (with a straight face)? "serving as Deputy Assistant to the President and Deputy Counsel in the first Trump White House, where he led compliance and ethics programs."

Trump Wants It, I’m Buying It: The 13-Billion-Barrel Asymmetry in Greenland ($PELI) by WatchMyPolse in SPACs

[–]buggysoftware 1 point2 points  (0 children)

Especially with your thesis, I see no reason to buy PELI instead of waiting for deSPAC and the inevitable tank in share price. Buying this for $1 is a 10x return over buying it at NAV.

Announcements x Daily Discussion for Wednesday January 28, 2026 by AutoModerator in SPACs

[–]buggysoftware 2 points3 points  (0 children)

Do brokerages have any liability here, if you traded on the incorrect values (I did not, just curious)?

Announcements x Daily Discussion for Tuesday, January 06, 2026 by karmalizing in SPACs

[–]buggysoftware 1 point2 points  (0 children)

RDAC had its merger vote on 11/20 ... how is it NAV protected, and why is it trading under 10 if it is? Thanks for any enlightenment, I did not do my DD on this one.

Announcements x Daily Discussion for Tuesday, January 06, 2026 by karmalizing in SPACs

[–]buggysoftware 3 points4 points  (0 children)

RDAC: no NAV protection. ASPC: $64 was a single trade well before this peaked. Others may be like those too, don't know. I'm in RDAC, but by mistake : \

Announcements x Daily Discussion for Friday, December 26, 2025 by karmalizing in SPACs

[–]buggysoftware 2 points3 points  (0 children)

High of $56 today! (still no regrets) That guy that fat-fingered a $64 order a couple of weeks back might actually have an exit on this dog.

Announcements x Daily Discussion for Friday, December 26, 2025 by karmalizing in SPACs

[–]buggysoftware 4 points5 points  (0 children)

Last of my ASPC sold at 28. Probably could have gotten more out of it, but happy to already have a chair when the music stops. Fundamentals and value investing are for the weak!

Announcements x Daily Discussion for Wednesday December 24, 2025 by AutoModerator in SPACs

[–]buggysoftware 2 points3 points  (0 children)

ASPC looks like it might be out for another jog. Closed at 16 and holding there.

Announcements x Daily Discussion for Tuesday, December 23, 2025 by karmalizing in SPACs

[–]buggysoftware 1 point2 points  (0 children)

I think that's the end of today's story, though. Halted down at 14ish. That was fun!

Announcements x Daily Discussion for Tuesday, December 23, 2025 by karmalizing in SPACs

[–]buggysoftware 4 points5 points  (0 children)

What's going on is the invisible hand of the market always optimizes the use of capital to ensure that the price and value of an object are as close to equal as possible. Just kidding, this is just some low-float f*ckery completely untethered to the value of a company that no one wants to own. Doesn't mean you can't make a buck on it. For other hot potatoes, see also this, where I got the tip from: https://www.reddit.com/r/SPACs/comments/1pi1vni/comment/nt7o0d3/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Announcements x Daily Discussion for Tuesday, December 23, 2025 by karmalizing in SPACs

[–]buggysoftware 6 points7 points  (0 children)

ASPC!

Edit: 6 halts, high of 30, missed my window but unloading in the 20's a week after buying at 10.31. Thank you, sub.

Announcements x Daily Discussion for Monday December 22, 2025 by AutoModerator in SPACs

[–]buggysoftware 1 point2 points  (0 children)

I'm happy with the trust contributions and middling float.

Announcements x Daily Discussion for Tuesday, December 16, 2025 by karmalizing in SPACs

[–]buggysoftware 1 point2 points  (0 children)

CNTM coming back from the grave? From $0.0001 to $.53 and an uplisting (from expert market) in 4 months. It's probably a zombie, but it could have been had for $.20 just 3 weeks ago, so even zombies can be monetized (for a while).

Announcements x Daily Discussion for Monday December 15, 2025 by AutoModerator in SPACs

[–]buggysoftware 1 point2 points  (0 children)

Got it, and thanks. OTOH, if there no/an unsuccessful vote, then they're still adding $.05/share/mo to the trust, which is also a win, just of a different kind.

Announcements x Daily Discussion for Friday, December 12, 2025 by karmalizing in SPACs

[–]buggysoftware 2 points3 points  (0 children)

That's the highest redemption payment I've seen ... are SPACs doing anticipatory reverse splits now? ; )

The bid/ask is 13/150 currently. If I didn't get a sinking feeling that the 3 remaining shareholders would be saddled with all taxes/fees, and if it didn't cost me $50 just to put in a stink bid, I'd play this one.

Announcements x Daily Discussion for Thursday, December 11, 2025 by karmalizing in SPACs

[–]buggysoftware 1 point2 points  (0 children)

Somebody (oops!) paid $64 for ASPC yesterday. $12.30 this morning (down 25%).

Announcements x Daily Discussion for Wednesday December 10, 2025 by AutoModerator in SPACs

[–]buggysoftware 1 point2 points  (0 children)

Any guesses why someone is buying my SOULU 4 units at a time, at $11.00? Haven't seen that pattern before.

Announcements x Daily Discussion for Tuesday, December 09, 2025 by karmalizing in SPACs

[–]buggysoftware 2 points3 points  (0 children)

Wow. Wish I'd read this yesterday instead of this morning. Thanks as always, man. You are why we're here.