I like Tritium as a company. The track record is good, the Total Addressable Market (TAM) is large, the future looks relatively clear, etc. However, the SPAC and market sentiment are what they are, and I’m not willing to take on more risk in my portfolio. For this reason, I’m selling 80-100% of DCRN today. I consider it entirely possible that due to redemptions, the float will remain small, and this might shoot up, but such is life.
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DCRN almost in free fall today after yesterday’s small warning (drop). “Valuation correction”, if you can call it that, already started “early” by short sellers? Or are they all just anticipating a price drop and selling off, thereby creating the price drop themselves?
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It looks like the training wheels have fallen off. Does anyone know if today was the ex-redemption date?
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CRHC deal, timing might not be the best.
https://twitter.com/TRILLIONCAP/status/1484624814333739016?t=TMAHVMOYppi4rXU31YfRDg&s=19
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Has anyone held onto these after the mergers, or are there mostly short-term players here? I’ve only held Hyzon, but now I’ve also bought ZEV and SOFI, as it seems everything is going down the drain together.
Now might be a good time to pick up the best tech stocks for the portfolio’s foundation, but of course with caution. Ideally, the company should already be generating positive cash flow/profit. At the very least, there should be evidence that the business is rolling, and there should be enough capital in the treasury until the company can sustain itself on its own operations. So, are there any post-merger stocks in your portfolios with these criteria, and if so, which ones? For example, I’ve been eyeing charger manufacturers but haven’t found anything better than the Norwegian Zaptec.
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Hands up for making a mistake, a few stocks in my portfolio are deeply in the red based on fundamentals. After that decision, the market has taken a nosedive, so not such a successful strategic choice. I have partially lightened these positions and moved them to tax deductions 
There are certainly many good long-term hold targets, finding them is then its own task.
Some that are in my portfolio and have been mentioned here before:
Avepoint, Taboola, Hyzon, Velodyne Lidar
Tattooed Chef was in my portfolio for a longer time, but after the last earnings report, I sold it. Looking back, it was the right decision, but it’s still on my watchlist.
In addition, on my watchlist are, for example:
Paysafe, BigBear.ai, Offerpad, SoFi, Hims&Hers, KORE Wireless, Ginkgo Bioworks
These have now fallen to the $3-6 range, SoFi is naturally higher and probably won’t drop that low anymore. The book value seems to be around $7 based on some comments; I haven’t checked.
The plan is to gradually start buying as valuations are now more moderate. For example, I just started additional purchases of Paysafe yesterday.
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Currently, my portfolio includes Lucid and Hyzon. I’ve traded both but intend to hold them for the long term.
On the charger front, I’m following Tritium. Even though it dipped after the merger, it’s still expensive.
Other stocks I’m watching are Sofi, Paysafe, and Tattooed Chef, which I owned for a long time but sold all of last year.
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I’ve only held Fisker, Paysafe, and Microvast through their mergers. 2/3 of these moves turned out to be big mistakes, but luckily the WSB apes helped me get out of Microvast with a profit. Paysafe is still in my portfolio with a solid loss, and at least some of these will be held long-term, while some will drop along the way. In my opinion, it’s one of the most undervalued deSPACs (De-Special Purpose Acquisition Companies) currently, with its price completely hammered down. I sold Fisker in December for over $20 and am now looking for a new entry.
Also on my watchlist are Avepoint, Payoneer, Origin Materials, BigBear.ai, SoFi, Proterra, and of course, the ever-lovely Hyzon 
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Thanks everyone for your comments! You own many interesting stocks. I browsed their investor pages, but none of them immediately sparked a desire to buy.
Kore was a completely new acquaintance for me as well, and the share of recurring revenue is really large, which means quite predictable operations. Planet Labs, which has built a comprehensive satellite system to image the Earth, is in a somewhat similar situation. It almost fell into my portfolio, but Sofi ultimately won out, as it seems to have faster growth and its results are turning profitable right about now. Sofi has its own thread here, so I won’t say more about it other than that it’s worth reading through if you’re not yet familiar with it.
Mainly short holds and out of the portfolio before the merger. The only one that has been held for a long time is Ginkgo Bioworks. It’s a bit of an all-or-nothing investment by the end of the decade. The stocks in the portfolio are now down about -50%. Wild fluctuations were expected due to the company’s nature, high valuation, and aggressive projected growth. I lightened my Ginkgo holdings by about 40% between $12-$14, so now I can sit on the rest, even if they go down to zero.
Tritium and Sofi are on my watchlist, but I haven’t pulled the trigger yet.
I’ve loaded up on “better” SPACs (Special Purpose Acquisition Companies) this week with significant leverage below NAV (Net Asset Value), such as IPOF and IPOD. Getting rich quickly is probably no longer on the table, but in this market, I value risk-free investments. I got GGPI (GigaCloud Technology Inc.) at $10.3, so I stretched the rules a bit and bought it.
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Found a target for $BREZ SPAC, too. Seems like a pretty crappy deal, warrants almost free. 
https://twitter.com/TornikeLaghidze/status/1486672312636252160?t=tw1vyBtCqHLJz_J4-Qp3QA&s=19
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Finland mentioned 
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I took a small position in this SPAC. Maybe I haven’t fully understood the nuances of SPACs. The Rumble product itself seems good in terms of video playback technology when compared to YouTube, Vimeo, and Yuja. The recommendation algorithm could be better. At least in the political sphere, there are big names like Russell Brand, and then right-leaning politicians and journalists. The viewership numbers seem too small considering the valuation.
It’s a bit concerning. I’m up a few percent on this, so I could sell it off.
https://finance.yahoo.com/quote/CFVI?p=CFVI
CFVI is 100% a Trump/DWAC sympathy play stock.
Looking at history, these at least halve when the actual stock lists, and it has almost always been advisable to sell into the SPAC’s first surge.
The past is no guarantee of the future… 
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ELMS is in a tailspin (now -44%), has anyone looked into the case in more detail? A quick Google search would suggest that the bosses have personally messed up, but that the business itself would have no problems..? E.g. Seeking Alpha:
“The board also concluded that the ELMS’ previously issued consolidated financial statements will need to be restated.”
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On Reddit, someone was very keen on going into this SPAC with warrants. Any opinions? Warrants are still a bit of a mystery, although they were explained quite understandably below.
https://www.reddit.com/r/cfvi/comments/shhw72/comment/hv2ogoo/?utm_source=share&utm_medium=web2x&context=3
Trump DWAC piggybacking. I haven’t followed the Trump situation. I know that many YouTubers are fed up because their videos get demonetized if they say the wrong word. And you don’t even have to criticize Democrats; criticizing China might be enough, as the party’s army of minions flags the video.
If you forget about politics and focus on what’s more interesting, money, then there was a 5% increase today as user data showed growth. These are numbers provided by the company itself, so I don’t put too much weight on them. Well, in the spirit of Wall Street Bets, let’s gamble this stock forward.
https://www.reddit.com/r/cfvi/comments/sjmoy1/oh_yeah/?utm_source=share&utm_medium=web2x&context=3
Looks like some spaces still have the 2020/2021 vibe going on. Trivium has taken quite a lead yesterday/today. They do have a Shell contract for charging stations and other nice things in their pocket.
I’m annoyed that I waited for it to drop properly so I could buy it. Or rather, when all SPACs were hit so badly, I didn’t dare to buy this one…
Didn’t it shoot up yesterday when they announced the construction of a new factory in Tennessee, USA, and it was speculated from their statements that Biden’s subsidies would also cover some of the costs?
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