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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (65640)	12/8/2020 7:13:45 PM
From: E_K_S	Read Replies (1) \| Respond to of 78958

I own two SPAC's in the last 2 days; CFIIW (the warrant for CFII) recently announced their merger candidate and AMCI yet to complete a merger but rumored to be an alt-energy play in fuel cells. The Value Proposition is you get a chance at a price that is less than a typical IPO. In 'some' cases once a merger partner is found, you even get a company that generates earnings. My small Buy in AMCI was to replace my BE when I sold my last chunk of shares @ $28/share. BE still booking losses and burning cash w/ modest revenue growth but is in the 'hot' fuel cell sector. AMCI if the SPAC management is good, will find a fuel cell play that is 2nd generation to the 1st generation stuff BE is/was developing. They have a warrant AMCIW (which exercises at $11.50/share) and common shares that include a warrant AMCIU. My plan is to take my small special situation money and identify certain SPAC investments that can find better start-ups, new innovative technologies that I can Buy from the current public companies. Therefore, these are NOT Value holdings but rather Special Situation Buys that I believe I am getting at a 'discount' to market and/or use the warrant as a ways to leverage my position. Most of these warrants go out 5 years but can be called sooner but at a higher exercise price typically 75% above their exercise price (every SPAC warrant is different). EKS