dudebob
Oct 5, 8:21 PM
For the SPAC investors. Do you invest in the commons or warrants? Just want to gauge the pulse of these communities, so asking for a variety of opinions to help with some investment decisions.
Been noticing some pretty wild former-SPAC warrant moves from historical lows… examples:
-BRUNW / WLACW ~
$0.21 → ~
$6.68 final trade (+3,080%+)
-OPTXW ~
$0.08 → ~
$2.31 (+2,780%+)
-DRTSW ~
$0.14 → ~
$4.20 (+2,900%+)
-GFUZW / SVACW ~
$0.52 → ~
$1.32 (+150%+)
Note.. BRUNW has since been redeemed and no longer trades. But these are just examples of what has happened with certain SPAC warrants — plenty never see anything close to this and can lose most or all of their value.
Another example, with Tom Lee’s pre-deal
$FCRS + FCRS/WS (warrants)… is the extra potential upside really worth taking the warrant risk? Or just stick with commons? He hasn’t announced a target, but his SPAC seems interesting as he’s regularly on CNBC.
Thoughts from these SPAC winners?:
$BRUN $GFUZ $OPTX $DRTS 🤔🧠💭
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