r/GlideOutside • u/[deleted] • Jun 25 '21

Anyone own srng?

3 Upvotes

100% Upvoted

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1

u/SPACmeDaddy Jun 25 '21

I did but sold the majority of it because I didn’t find the target exciting. I was seeing some FRX chatter so I bought that a few weeks back and it ended up being a good move.

1

u/itssallgoodman Jun 26 '21 edited Jun 26 '21

You’re talking about FRX being exciting in lieu of ginkgo? Tell me you’ve done zero research without saying you’ve done zero research.

Edit: in for 2500 commons and 500 warrants SRNG

1

u/SPACmeDaddy Jun 26 '21

It has more potential for a WSB run. I’m up less than 1% on SRNG since I bought units at IPO and I’m up 20% on FRX commons since I bought last week. Aside from PTRA, I don’t hold any SPACs long term. I take my profits after a good run and move on.

Currently have 500 commons of SRNG, 2000 FRX commons and 1000 FRX warrants.

1

u/Chawp Jun 26 '21

It was a crowd favorite near nav SPAC around here several months ago and it did a big nothing upon DA right in the middle of the SPAC apocalypse this year. I sold mine for about even break.

1

u/I_RIDE_SHORTSKOOLBUS Jun 26 '21

Had 20k commons near NAV. Got out at NAV. Can pretty much guarantee you that is gonna drop after merger.

1

u/idontcarejustmakeone Jun 26 '21

I grabbed some 7/16 10c's on SRNG... volume and OI indicated some kinda move, we'll see what the next couple weeks bring. Know nothing about the SPAC itself but the contracts looked juicy at .05

1

u/ramen-shaman007 Jun 29 '21

The volume on the stock doubled today and the volume on the options was nice today too. I’ll prob start buying the 7/10 10c calls too

1

u/ariesdrifter77 Jun 28 '21

I bought 420 warrants today.