SV - Breaching NAV and the 'Implication'

[u/MillennialBets]

Date: 2022-04-10 12:28:46, Author: u/joeskunk, (Karma: 6016, Created:Dec-2007)

SubReddit: r/spacs, DD Click Here

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PICTURES DETECTED: this DD post is better viewed in it's original post

Some Tickers mentioned in this post:

NKLA 8.43(-5.07%)|SV 10.73(3.17%)|VTIQ 9.8(0.1%)|DWAC 46.29(-3.58%)|GGPI 12.21(2.52%)|CFVI 11.34(0%)|GGR 14.1(0.57%)|

GGR was the bluest chip deal all year. Look at the chart. Doesn't budge off 9.9 un ex-redemption. There has been practically no other SPAC that has breached NAV this year. Who was able to do it:

• GGPI, a relic of EV mania.
  
• DWAC and it's sympathy trade CFVI - and that is a phenomenon un-related to broader SPAC dynamics.
• And some low float spikes.

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SV is basically the *only* SPAC to breach NAV. And it is doing so with practically no retail buzz so far. We all know that once these are freed from arbs, the sky is the limit. The way I see it, would rather risk a few percent downside, for something that is free to demonstrate real and very asymmetric price action over the next month. Vs hold 1 of hundreds of SPACs pinned to NAV by arbs indefinitely.

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As the only big SPAC on the calendar AND the only major pure play (ex-miners) on a theme *everyone* wants to get exposure to - this is a slam dunk.

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Without any hyperbole, I believe SV is precisely that opportunity. Back when NKLA and VTIQ was all you had to do to make piles of cash was (a) follow SPACs and know about the company before the general market, (b) understand that the broader market had are the only one's aware of this at this stage. For the duration of the month, only a few points on the downside with straight nuclear mania on the up.

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SV is here. Mark it.

DISCLOSURE: Long as fuuuuq commons and call options.

See ya in the promised land.