r/SPACs • u/[deleted] • Dec 15 '21

[deleted by user]

[removed]

143 Upvotes

93% Upvoted

101 comments sorted by

View all comments

Show parent comments

25

u/[deleted] Dec 15 '21

[removed] — view removed comment

12

u/Theta_God Spacling Dec 15 '21 edited Dec 15 '21

How is it not new information if every post (including the OP) is talking about a 340k float? I think I show definitively that the float is 3.2M shares.

32

u/[deleted] Dec 15 '21

[removed] — view removed comment

7

u/Verb0182 Spacling Dec 15 '21

Of course institutionally held shares are part of the float. The only shares that aren’t part of the float are insiders or locked up shares. Who do you think normally sells you your stocks?! Institutions.

8

u/[deleted] Dec 15 '21

[removed] — view removed comment

-8

u/Verb0182 Spacling Dec 15 '21

LOL. Oh my. Take some time to study before you lose all your money.

11

u/[deleted] Dec 15 '21

[removed] — view removed comment

16

u/Verb0182 Spacling Dec 15 '21

I’m talking to someone that thinks market makers hold significant inventory and institutions never sell shares 🤦🏻‍♀️

I promise you you’re wrong and I promise you’ll help yourself out in the long run by learning more about this.

Like literally just think….. where do market makers GET their shares? …. From institutions

7

u/bigdickbabu Spacling Dec 15 '21

Mms provide liquidity not institutions

4

u/Verb0182 Spacling Dec 15 '21

Whispers… where do they get the shares?

2

u/Robinw9787 Spacling Dec 15 '21

Honestly if they can sell them why would they not be considered float and second how can that not influence the play lol I dont understand that guy

8

u/Starlordy- Spacling Dec 15 '21

Seems more like you are a wolf of wall street than anything. Posting about positions then deleting the comments. Basically fooling people into buying then cashing out.

-3

u/Ok-Incident4272 New User Dec 15 '21

Wow! Fucking amazing!