First Looks

The first time we go through a new story and suss out our initial views as a potential investment.

Moolec Snuck out in 2022 Members Public

AgTech story stock Moolec snuck out while we were on vacation to close out the SPAC IPO year. It has a tiny float with a sketchy operating plan.

Kris Tuttle
Kris Tuttle
First Looks

zTrip via Spree Acquisition Members Public

No deck on this one, but zTrip is looking to come public via $SHAP. It's a taxicab roll-up company with a software layer on top. Scary!

Kris Tuttle
Kris Tuttle
First Looks

More Rational by the Day Members Public

The scrubbing of the SPAC IPO space continues. Bad deals are getting pulled. Some people are going to jail. New names are starting cheaper.

Kris Tuttle
Kris Tuttle
First Looks

Electric Harleys? Members Public

Harley Davidson spun their electric motorcycle unit, LiveWire $LVWR, via SPAC. It's overvalued and faces a challenging future.

Kris Tuttle
Kris Tuttle
First Looks

PlayUp Dumpster Fire Members Public

PlayUp is yet another online betting application with grand visions and a business model broken in multiple places. The SPAC $IGAC should be worried.

Kris Tuttle
Kris Tuttle
Reactions
Notes form the beach....

SPACuloos 7.7.22 Kalera, Symbiotic, Alvotech & Polestar Members Public

Here's the skinny: $KAL - play the low float and run, $SYM - fade the hype and short/sell, $ALVO - decent risk/reward to be long, $PSNY - needs to grow into the valuation or get cheaper first.

Kris Tuttle
Kris Tuttle
Electric Vehicles

Benessare SPAC is eCombustible Members Public

The record date for June 3rd. I'd expect a 100% redemption rate. Will $DWAC step in and buy $ECEC for pennies on the dollar after it starts trading?

Kris Tuttle
Kris Tuttle
First Looks

The Flying Circus Members Public

We take a look at two new deals - the first you might call circus meets hotel and the other is buying your own airline to electrify it!

Kris Tuttle
Kris Tuttle
Consumer