whodatigahbait
| Favorite team: | LSU  |
| Location: | Uptown |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 1833 |
| Registered on: | 10/3/2007 |
| Online Status: | Not Online |
Recent Posts
Message
re: Beating a dead horse
Posted by whodatigahbait on 11/10/25 at 8:58 am to Tigahs2007
You always have to win twice in T-Town the team and the refs.
1
re: SPACS
Posted by whodatigahbait on 10/13/25 at 7:46 pm to Upperdecker
quote:
Also good time to buy GIG, dipped below $11. NAV is ~10.50 so 0.40 risk per share right now
Gig’s sponsor is one of the worst of all time, tread lightly.
re: SPACS
Posted by whodatigahbait on 10/8/25 at 11:23 am to lsuconnman
quote:
Sponsor’s get warrants and promotional shares. Look up SPAC Jesus as the perfect example.
I'm well aware of what SPAC sponsors get, I've followed SPACs since 2008, I've been a banker to SPACs (both IPO and de-SPAC), I've traded SPACs, lastly I was part of a SPAC sponsor group - where I received both warrants and founder (promote) shares that you mentioned.
My point is that while the returns to the sponsor can be high, they also incur a ton of risk via their capital to form and operate the SPAC.
re: SPACS
Posted by whodatigahbait on 10/8/25 at 11:04 am to barry
quote:
quote:
SPACS are beneficial to the the SPAC creator
The economics and incentives for the SPAC creator are borderline criminal
How so? Sponsor capital is fully at risk.
IPO investors have an absolute right to get their money back - NO MATTER WHAT.
re: SPACS
Posted by whodatigahbait on 10/8/25 at 9:46 am to Free888
quote:
SPACS are beneficial to the the SPAC creator. They are at the front of the line with respect to returns.
Also not true, a LOT of people have lost a lot of money sponsoring SPACs that liquidate and can't get a deal done.
re: SPACS
Posted by whodatigahbait on 10/7/25 at 10:34 am to Pezzo
quote:
Fundamentally speaking it’s basically a short cut for a company to take their company public. The SPAC has done all the regulatory work
This is false.
re: If you could invest in only 1 stock, what would it be?
Posted by whodatigahbait on 10/3/25 at 10:46 am to slinger1317
quote:
VOO
Not a stock
re: Need financial advice
Posted by whodatigahbait on 9/23/25 at 3:37 pm to tigereye1988
quote:
4.5% interest rate. 25 years left. We are using this as a rental house. Note is 1000 per month. Renting for 1500
DONT Pay this off. I'm all for sleeping at night but this is financial leverage on an asset not, personal debt.
re: What you guys hearing on your 30 year mortgage?
Posted by whodatigahbait on 9/17/25 at 3:36 pm to DiamondDog
quote:
I have a 3.6. If rates somehow get under 4 again, going to be high cotton over here. Upgrading.
I'm not sure i see that. Have a ways to go.
re: GrabAGun IPO tomorrow
Posted by whodatigahbait on 7/16/25 at 9:34 am to Fat Bastard
quote:
15.55 now
what was the IPO price?
There was no "IPO" they merged with a SPAC, consideration given by the SPAC was based off a $10 share price.
re: GrabAGun IPO tomorrow
Posted by whodatigahbait on 7/16/25 at 9:33 am to meeple
quote:
How do I get in on this early? Last time I did this though was with VG and I still haven’t recovered.
If you are reading about something here, you can't it's already too late
re: What went down at Rocco's?
Posted by whodatigahbait on 6/14/25 at 1:46 pm to Tigercoop40
quote:
1.) the owner is a much bigger man than anyone on here realizes. I’m pretty big, but small next to him. 2.) even if Kevin started losing his son and every one that works for him would also jump me. His son was already an aggressor trying to start a fight. 3.) it then would be my word vs him and the bars word. A visitor vs a local when it came to discussions with the cops. I can promise you they’d side with the local bar owner. 4.) then I get to spend part of my trip in jail and would have other complications following that.
Seems like the only thing you did wrong was your verbiage.
Probably not the best idea to tell a meat head bar owner anything about going outside.
re: I don’t like boobs. Don’t post your favorite rally boobs. NSFW
Posted by whodatigahbait on 6/2/25 at 10:26 pm to navy
[embed] LINK[/embed]
re: Baseball: Texass has an early big lead on Auburn 7-1 (for the Sweep)
Posted by whodatigahbait on 4/19/25 at 1:18 pm to GeorgeWest
quote:
Gotta think Schloss is the leader for SEC COTY maybe national COTY.
Fantastic coach. We owe him bigly bc if he’d have stayed I think this would have been Aggies year.
re: LSU 2 @ Auburn 3 Final
Posted by whodatigahbait on 4/13/25 at 4:32 pm to easy money
quote:
Luis drives his arm back and straightens his front arm too much, in my opinion. He puts plenty behind it, but restricts his bat to stay in the zone. The motion looks long.
None of that matters when swing at a ball two feet off the plate
re: LSU 2 @ Auburn 4 Final
Posted by whodatigahbait on 4/12/25 at 6:22 pm to Gnash
quote:
Auburn color announcer tried to butt in and Lyn said STFU
Color guy clearly never been to Rosepine
re: The shift….
Posted by whodatigahbait on 4/11/25 at 7:56 pm to slackster
quote:
Well that’s not true
For college baseball it is.
re: The shift….
Posted by whodatigahbait on 4/11/25 at 7:38 pm to jdaute2
quote:
Stop doing it. I don’t care what the analytics say. It always seems to frick us.
That’s the thing, the analytics don’t say anything, it’s college baseball there’s not enough data to make an intelligent analytical determination.
re: Help me with my ROTH financial logic.
Posted by whodatigahbait on 4/4/25 at 3:42 pm to Enadious
quote:
Let's say I have 200,000 shares of XYZ. I paid 1 dollar a share so $200,000.
If the stock now is at .50 cents a share, and I do a ROTH conversion, with 200,000 shares now worth $100,000, buy back the 100,000 shares at $100,000. When the stock appreciates in value again, it would all be tax free.
Is this thinking correct?
Is this a good strategy? Taxes would be paid from a cash account.
What am I missing or what other things should I consider?
Are you selling the shares at some point prior to or right after the roth conversion?
Not sure how it works with a ROTH but there are wash sale rules in place to prevetn these types of trades.
re: LSU 2 @ Oklahoma 0 Final - ESPN2
Posted by whodatigahbait on 4/3/25 at 8:09 pm to hashtag
quote:
nd 0 of the strike 3 calls were strikes
Has he gotten on? Is the streak alive?
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