Finished Afk Arena (3108SB) and Looney Tunes World of Mayhem(540) both on 2x.
I’ve been buying SPAC’s lately. I pickup 10 shares of Energy/Environment searching spac’s and set half to sell at $20 and the rest at $25-30.
I have had many successes as these are hot industries currently. Electric cars are another category that is profitable for a small initial investment.
I put in $100-150 to start and get back $125-150 in profits once all positions are cleared. I am missing some bigger wins by not holding longer but I avoid potential losses to.
There are 3 Spac’s that I am holding in SoFi that are long term positions. WPF, BFT and VGAC. Bft will become Paysafe which I expect will hit the hundreds later this year as it competes with Paypal. Vgac is Sir Richard Bransons spac and I am a fan, also I am of British descent so I am biased. Lastly Foley Trasimene has had a good track record so far and I am eager to see which company get picked next.
I have 100 shares of bft, 100 wpf and 50 vgac. I also scored big recently on Adamis Pharma which I bought 2000 shares of at $0.40 last year and sold half at $0.80 and the rest at $1.
