iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,688 Blog Posts

SPACs Are Wall Street’s Latest CRAZE

NKLA is the new TSLA. FMCI is the new BYND. And OPES is the new SHAK. This is the way of the market, led by millennial FUCKHEADS via Robinhood. I can play a long and will indeed. I sold FMCIW for +17% this morning and then it ran another 20%. It is a fake meat play. You saw NKLA go from 20 to $100 — now larger than F and GM without ever making a fucking car.

Well I’ve got another one — OPES with warrants OPESW. The company to be is BurgerFi. I’ve eaten at them here in NC and they are solid. It’s not like SHAK — but ok. But that does not matter, pal. See, all that matters is the stock and right now — due to the success of VTIQ, which became NKLA — everyone is looking for the next SPAC to run.

Back in the day, SPACs were for fucking retards. If you bought them, you got it at a boiler room. Now these Robinhood investors love the — sopping them up with gravy.

Admittedly, I am long OPESW and I own another one in the pot space. This is the market we are in now. Do not ever fight it — for you will only miss out and lose.

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7 comments

  1. rickyretardo

    THCB huh?

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    Long LABD here

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  5. jbandy

    Dammnit — FMCI made it on your radar? It was a well-kept secret. I’ll have to sell it now that Fly is shilling it to his followers…

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