Ah, I should steer clear of reddit stock discussions I think. 
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Reddit can be useful for discovering new stocks and even for some research and information on stocks.
I’d just recommend always checkout the user and see what posts and comments they’ve made. They may be quite active and know what they’re talking about. Look back at previous stocks they’ve mentioned and checkout the share price at the time they mentioned it Vs now. These are just quick things you can do to know whether they actually understand (/ have researched) what they’re talking about.
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I just bought some, not much. Just a little north of 100🥸. I’m thinking it’s gotta be fairly high risk; all things considered. Still, might be a good return if they actually make an acquisition but fuck me UK SPACs seem like a completely unknown quantity.
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my thoughts exactly… with a random account name created on the 19th dec 2020.
goes from random nonesense talk to being a pnpl evangelist in the space of 2 months.
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Does anyone have any news on pnpl?
Not much communication from the company😞
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This SPAC without acquisition target going up 300% looks insane. Best US SPACs go 50% pre-target and goes to 300% when good target is acquired and talks are in progress. Can anyone explain this phenomenon.
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Fomo/crazy retail investors. You can find some of them right here in this thread 
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SPAC are great for hedge funds and investments banks that make £100s of millions out of them, but usually terrible for the retail investors like us.
In 2010-2020 SPACS have returned about 10% in total
The S&P500 about 200% over the same period!!
Hedge funds are great marketers and even better at creating fomo, stay well away is my verdict.
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This is not true, if bought at NAV there is little to no downside risk. Upon DA the spike should be sold generating at least 30% returns. Some have skyrocketed over $20 which is a return better than any market index.
If you play options, they are a money machine.
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Because they are money printers. Filter out SPACs by management team, market cap, sector targeting (SpacTrack) and allocate your funds appropriately. Don’t buy too much over NAV ($10) unless you have very solid DD and/or like the target.
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Does anyone know why I’m unable to sell? My sell keeps getting rejected…
Try setting limit orders of smaller amounts after 1 hour intervals.
I got rejected too around 8:30 am… kept trying 4 times and finally went through
Then put it in Kanabo for their second day of trading and am 25% up… normally I would hold but I wasn’t feeling pnpl
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That’s my exact plan haha
Still unable to sell though!
Sorry to hear, keep trying till it does go through… The Kanabo train is waiting for you…hopefully you get in before £0.5
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Still can’t sell fml, trying every minute or so haha
Not a very liquid share, this is expected behaviour with this type of early stage - so I’ve read in previous comments
The share price is dropping like a rock, not good. Feels like they have given up hope in their company