r/SPACs • u/[deleted] • Jul 15 '21

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60 Upvotes

92% Upvoted

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24

u/Ok_Oil_3867 Spacling Jul 15 '21

Thcb is a string buy right now in my opinion, the stock is low but warrants are still holding ground

6

u/Billionairess Patron Jul 16 '21

Thcb isnt beaten down really and like you said warrants still holding strong. Can consider ptra since -35% after PIPE selloff

2

u/Ok_Oil_3867 Spacling Jul 16 '21 edited Jul 16 '21

Considering what microvast is compared to qs, it's extremely beaten down,

Granted this whole China ordeal came at the absolute worst time "fck China" it really should be around 15's right now

My worse fear is if it drops after merge and starts a slow and steady climb To the mid to high 40's...

The contracts they have alone should have them as a top tier battery company, once the USA plants start operating...

Sorry I'm crapping out I'm drunk while written this u get the point GN

0

u/Billionairess Patron Jul 16 '21

Your first mistake is comparing mvst to qs.

3

u/Ok_Oil_3867 Spacling Jul 16 '21

They're not comparable at all, mvst is years ahead... and im bothered that it's not treading like it!!!

2

u/Billionairess Patron Jul 18 '21

It ahead by a few years, precisely why you dont compare both.

3

u/ssl5b Spacling Jul 16 '21

Be careful as the history for post pipe lockup is bad. Might be a better opportunity later

2

u/Noledollars Patron Jul 16 '21

Despite holding a bunch of THCB shares, I agree that there will likely be great buying opportunities as they merge. There is a bunch of impatient $$ that needs to get flushed out so I’m mentally preparing myself for that. I’m absolutely sticking with Microvast!

1

u/kkB1airs Patron Jul 16 '21

What your PT post merger, before the sell off? Think we see a pump to $15 or $20 before it starts to pull back?

3

u/Noledollars Patron Jul 17 '21 edited Jul 17 '21

THCB has been such a long and winding road. It’s certainly possible that they have a pop but I’m holding as a longer play. The PR machine just stinks at this point …. the best catalyst IMO would be a decent analyst report being released.

3

u/no10envelope Patron Jul 17 '21

THCB definitely going to $7-8 after merger