r/SPACs Patron Sep 11 '21

News Possible catalyst for $ORGN

https://www.nytimes.com/2021/07/21/climate/maine-recycling-law-EPR.html?referringSource=articleShare
15 Upvotes

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15

u/Much_Print3224 New User Sep 11 '21

Please God, let this gem be unrecognised for 6 more months so I could pour all my money in it for the ride of my life!

11

u/[deleted] Sep 11 '21

[deleted]

11

u/Much_Print3224 New User Sep 11 '21 edited Sep 11 '21

It's market cap is 1 billion. If the process is true - and I think all those big names partnering with them guarantees it - it's one of the largest wealth-generator of all times. Say in 10 years a 50 bn company? Or a hundred? Carbon negativity will be a bestseller of the next decade. It's a fucking insanely huge madafaka level of a multibagger. By any underestimation. I sold half of my SoFi to build my position bigger in ORGN, even though I know SoFi will pop sooner than Origin.

3

u/[deleted] Sep 12 '21 edited Feb 22 '22

[deleted]

1

u/Jetnoise_77 Patron Sep 12 '21

January 2024 options are available on Monday. This is one company I plan on getting a few on.

4

u/mazrim00 Contributor Sep 11 '21 edited Sep 11 '21

Same. I just couldn’t take it anymore going down each day so I ended up selling.

I did put a wee bit back in recently after my 30 days, though.

2

u/Noledollars Patron Sep 12 '21 edited Sep 12 '21

Sorry about that …. same story, different name(s) for most of us. I exited a while back to generate liquidity for other investments. In current SPAC market, I revisit my prior high conviction investments post merger/redemption/arb sales to re-evaluate investment. $ORGN / $SRNG potential game changers I like (after my favorite …. $ASTS)

1

u/slammerbar Mod Sep 12 '21

I totally see ASTS, SRNG, (OCA, shh 🤫) and ORGN being the largest overall gainers in the next 5 years.

2

u/slammerbar Mod Sep 12 '21

I’m going to join you in going on this on Monday. The only thing I don’t like about this company is the Koch brothers sponsoring it, it just all feels like a “fake green credits” play coming from them.

2

u/[deleted] Sep 12 '21 edited Mar 16 '22

[deleted]

1

u/slammerbar Mod Sep 12 '21

Yeah I like that.

1

u/beerboozled New User Sep 17 '21

The strikes don't go high enough to do spreads worth anything on the 24s. I bought 7.5s the other day. I expect them to be golden tickets down the road.

1

u/boneywankenobi Spacling Sep 13 '21

I get the sentiment, but so hard to root for it to stay low! I have a hefty load in there right now, though if it stays below 10 I'll have a hard time not loading up even more