GBA's "2021 Stock Phantasma"

Back at the end of March//

Clene Inc. (NASDAQ:CLNN) shareholders (or potential shareholders) will be happy to see that the Independent Director, David Matlin, recently bought a whopping US$2.0m worth of stock, at a price of US$9.63.
 
Everybody loves Michael J Fox. He is a regular at Knick games. He gave a slog of money to these guys because he believes Parkensen's can be treated with their compound. You can see in this interview with an extremely long necked lady that the stk for some reason that day was down 17% to $11. And we know since then there has been insider buying at $9/60 area-- so we get a feel for what the company thinks of itself.

I want to make this co one of out FIVE Great SPACS but I have no proof yet... watching to see when any new news may come out.

 
#1 MATTERPORT



Digital Transformation
A few months ago, Gores Holdings agreed to acquire Matterport in a listed business combination with a total equity value of $2.9 billion. The stock soared to $28 as Josh Brown pitched the SPAC to the FastMoney crowd. Matterport was close to an $8 billion valuation within months of announcing the deal.
 
#2 PAYSAFE-


The momentum here is across several verticals including online gaming. Paysafe partners with Microsoft Inc (MSFT) as a payment option on the "XBOX" console and the Microsoft.com site which is live in 20 countries. Separately, Paysafe has gained traction in financial services verticals which include investment trading platforms supporting the Skrill digital wallet like "eToro" and crypto trading. Paysafe has partnered with Coinbase Inc (COIN) and is live on 27 crypto sites and exchanges for digital wallets, with seven other sites also support payment processing as well. Overall, management noted strong trends "in the right places" and maintains a positive outlook for the year ahead. From the earnings conference call:

In summary, we're executing well against our strategy. We're lapping our key legacy issues. We're winning deals in the U.S. iGaming market at a rapid pace. We're expanding in high growth emerging verticals across digital wallets, eCash and e-commerce. We're seeing strong recovery in our U.S. SMB business. We're delivering against the transformation plan, and we're well-positioned for consistent, organic and inorganic growth.
 
The problem with SPACS in general can be summed up in one of my unfortunate holdings--

Lidar startup Aeva registers up to 182M common shares for holders
Jun. 09, 2021 7:21 AM ETAeva Technologies, Inc. (AEVA)
  • Aeva technologies (NYSE:AEVA) registers up to an aggregate of 182,111,147 common shares, including up to an aggregate of 12,459,000 shares of common stock that may be issued upon exercise of warrants, and up to an aggregate of 384,000 private placement warrants held by the selling securityholders.
  • This preliminary prospectus relates to the resale by the selling securityholders up to an aggregate of 169,652,147 commonshares (consisting of up to an aggregate of 28,168,478 shares of common stock that were issued to the PIPE Investors in November and December 2020 private placement, and 141,099,669 common shares otherwise held by the selling securityholders, and an aggregate 384,000 common shares issued upon exercise of the private placement warrants) and 384,000 private placement warrants.
  • The Company will not receive any proceeds from the sale of shares of common stock or warrants by the selling securityholders.
THESE SPACS HAVE BEEN SET UP TO REWARD PIPE INVESTORS.
THIS IS WHY I SMOKE MY PIPE AS I INVEST
BUT IT HAS NOT HELPED ME.
 
value for major AV deals over the next few years.

Another Aeva partner in TuSimple (TSP) just made news by having a self-driving truck shave 10 hours off a normal 24-hour delivery of watermelons from Arizona to Oklahoma City. According to the CNBC report, the trucking company plans to go driverless by the end of 2024. The AV trucking firm recently went public and has a $7 billion-plus market cap providing the funds and scale to become a larger customer for Aeva having already disclosed 5,775 truck reservations.
 
Trucking company TuSimple tops gainer in Industrial, while Custom Truck One leads losers list
Jun. 12, 2021 12:40 AM ETTuSimple Holdings Inc. (TSP),The week's top five gainers in the industrial sector (stocks with a market cap of $2B+) for the week ending June 11, 2021
  • Autonomous long-haul trucking company TuSimple Holdings (NASDAQ:TSP), which went public in April, was the week's top gainer +27.12%.
 
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