Posted by timebandit on 8th of Jun 2021 at 11:01 pm
WPF Chart- one of the SPACs fundamentalvalues shared with us
earlier this year. Is supposed to close its deal with CCC this
quarter, which would mean this month. No guarantee that happens,
but someone has been accumulating. We'll see.
WPF is Bill Foley's company, they are merging with Alight who
provides benefit solutions. They just acquired the Thrift Savings
Plan (huge military contract) late last year. He built the
largest title insurance company in the world from $3 million at its
start to over $13 billion. He brought the Las Vegas Knights Hockey
team to Vegas. He is an incredible leader and businessman. Click on
the about on WPF's page and read about Bill. I doubled my position
in warrants when they took them down to the $1.50s area the one
day. They are already back to $2+. The deal will happen.
*Spacs have been on fire the last weeks. I have 7 positions
total and loaded the mess out of them when they all got taken down.
All warrants. I've seen massive moves, 50-100% on average in them
in that period of time. One thing I like to do is start with a
reasonable size, then if the market does something ridiculous or
they manipulate it, I double or triple my stake to get to the
allocation dollar wise I'm targeting. Two months is nothing when I
can achieve an amazing risk/reward and make my year after they load
and finally run them higher. Whenever crazy things happen, I always
go back to what I own and if anything has changed. If it hasn't,
then I'm in a position to invest with much less risk. As I thought
about these warrants, they were willing to give me the equivalent
of a 5 year option contract in the $1s. That is hilariously cheap.
It shouldn't even be possible.
I used to make the mistake of looking for new ideas when things
like this happened. Now I dig deeper and stick with what I'm doing
and usually add if the fundamentals are with me. Same deal with
TTCF, there was no reason for that stock to go back to $16, I just
said thanks, loaded it and its back to $23 now. Barring a market
event, my guess is that it challenges new highs at some point. I
know everyone's strategy is different, but hope what I share helps
someone that wants to grow their wealth and maybe can take some
things and incorporate it into their own style/plan. I read
perspectives here and its what the community is all
about.
I posted this some months back, though its worth a repost.
Again, going back to what I own when the market is foolish. Also
note, I'm buying warrants, not the stock itself, so my strategy is
a little different than just owning shares. One must understand the
risks/rewards of any plan. Good luck on your personal plans and
decisions:
$DGNR
Advent International is the majority shareholder:
About Advent International
Founded in 1984, Advent International is one of the largest and
most experienced global private equity investors. The firm has
invested in over 350 private equity transactions in 41 countries,
and as of September 30, 2020, had $66.2 billion in assets under
management. With 15 offices in 12 countries, Advent has established
a globally integrated team of over 200 investment professionals
across North America, Europe, Latin America and Asia. The firm
focuses on investments in five core sectors, including business and
financial services; health care; industrial; retail, consumer and
leisure; and technology. After 35 years dedicated to international
investing, Advent remains committed to partnering with management
teams to deliver sustained revenue and earnings growth for its
portfolio companies.
Here is the business combination release information:
https://www.businesswire.com/news/home/20210203005331/en/CCC-Information-Services-Inc.-and-Dragoneer-Growth-Opportunities-Corp.-Announce-Business-Combination-Creating-Publicly-Listed-Leader-Accelerating-the-Digital-Transformation-of-the-PC-Insurance-Economy
It will close, most of the votes are from institutional
ownership. Stan Druckenmiller started a position recently and that
made me feel amazing about my work. He's one of the best investors
of our time.
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WPF Chart- one of the
Posted by timebandit on 8th of Jun 2021 at 11:01 pm
WPF Chart- one of the SPACs fundamentalvalues shared with us earlier this year. Is supposed to close its deal with CCC this quarter, which would mean this month. No guarantee that happens, but someone has been accumulating. We'll see.
WPF is Bill Foley's company,
Posted by fundamentalvalues on 9th of Jun 2021 at 07:12 am
WPF is Bill Foley's company, they are merging with Alight who provides benefit solutions. They just acquired the Thrift Savings Plan (huge military contract) late last year. He built the largest title insurance company in the world from $3 million at its start to over $13 billion. He brought the Las Vegas Knights Hockey team to Vegas. He is an incredible leader and businessman. Click on the about on WPF's page and read about Bill. I doubled my position in warrants when they took them down to the $1.50s area the one day. They are already back to $2+. The deal will happen.
WPF's site: https://www.foleytrasimene.com/
Alight's site: https://alight.com/
*Spacs have been on fire the last weeks. I have 7 positions total and loaded the mess out of them when they all got taken down. All warrants. I've seen massive moves, 50-100% on average in them in that period of time. One thing I like to do is start with a reasonable size, then if the market does something ridiculous or they manipulate it, I double or triple my stake to get to the allocation dollar wise I'm targeting. Two months is nothing when I can achieve an amazing risk/reward and make my year after they load and finally run them higher. Whenever crazy things happen, I always go back to what I own and if anything has changed. If it hasn't, then I'm in a position to invest with much less risk. As I thought about these warrants, they were willing to give me the equivalent of a 5 year option contract in the $1s. That is hilariously cheap. It shouldn't even be possible.
I used to make the mistake of looking for new ideas when things like this happened. Now I dig deeper and stick with what I'm doing and usually add if the fundamentals are with me. Same deal with TTCF, there was no reason for that stock to go back to $16, I just said thanks, loaded it and its back to $23 now. Barring a market event, my guess is that it challenges new highs at some point. I know everyone's strategy is different, but hope what I share helps someone that wants to grow their wealth and maybe can take some things and incorporate it into their own style/plan. I read perspectives here and its what the community is all about.
DNGR has had bigger volume
Posted by retirefire on 9th of Jun 2021 at 06:31 am
DNGR has had bigger volume days but price hasn't moved. Believe they have deal with CCC This quarter with details pending
I posted this some months
Posted by fundamentalvalues on 9th of Jun 2021 at 07:20 am
I posted this some months back, though its worth a repost. Again, going back to what I own when the market is foolish. Also note, I'm buying warrants, not the stock itself, so my strategy is a little different than just owning shares. One must understand the risks/rewards of any plan. Good luck on your personal plans and decisions:
$DGNR
Advent International is the majority shareholder:
About Advent International
Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in over 350 private equity transactions in 41 countries, and as of September 30, 2020, had $66.2 billion in assets under management. With 15 offices in 12 countries, Advent has established a globally integrated team of over 200 investment professionals across North America, Europe, Latin America and Asia. The firm focuses on investments in five core sectors, including business and financial services; health care; industrial; retail, consumer and leisure; and technology. After 35 years dedicated to international investing, Advent remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies.
For more information, visit:
Website: www.adventinternational.com
Here is the business combination release information: https://www.businesswire.com/news/home/20210203005331/en/CCC-Information-Services-Inc.-and-Dragoneer-Growth-Opportunities-Corp.-Announce-Business-Combination-Creating-Publicly-Listed-Leader-Accelerating-the-Digital-Transformation-of-the-PC-Insurance-Economy
I almost posted DGNR Chartalso
Posted by timebandit on 9th of Jun 2021 at 07:28 am
I almost posted DGNR Chartalso last night. They were also supposed to close their deal this quarter. My mistake: CCC is the merger for their SPAC.
It will close, most of
Posted by fundamentalvalues on 9th of Jun 2021 at 07:35 am
It will close, most of the votes are from institutional ownership. Stan Druckenmiller started a position recently and that made me feel amazing about my work. He's one of the best investors of our time.