Reddit Posts
FTCVW now 0,8$ --> target 3$ - 8$
$FTCV eToro valuation: too good to be true?
FinTech Acquisition Corp. V and eToro Extend the Outside Date from December 31, 2021 to June 30, 2022, Lower the pre-money valuation of eToro from $9.301 billion to $7.906 billion, PIPE Commitments Reduced from $650 million to $441 Million - FTCV FTCVW
$FTCV / eToro: The “Robinhood of Europe” trades at a deep discount to peers
$FTCV / eToro: The “Robinhood of Europe” trades at a deep discount to peers
$FTCV / eToro: The “Robinhood of Europe” trades at a deep discount to peers
$FTCV (eToro): several reasons and upcoming catalysts to be bullish
$FTCV merger with EToro approved by the SEC TODAY!!!! BE READY FOR LIFT OFF 🚀🌚
$FTCV - 100% UPSIDE WITH 0 RISK (10$ @ NAV)
$FTCV = 0 RISK, 100% UPSIDE?! 🚀💎
FTCV Call option expiring Febuary 2022 with a strike price $22.5 at $10 per contract
FTCV Call option expiring Febuary 2022 with a strike price $22.5 at $10 per contract
With all the despac talk... here's some spacs worth looking at.
What are your thoughts on Etoro?
Etoro (FTCV) the European Rovinhood (HOOD) - What are your thoughts?
Etoro (FTCV) the ‘European Robinhood’, what are your thoughts?
Etoro (FTCV) the ‘European Robinhood’ - What do you think?
ETORO: How to profit from todays hype.
ETORO - How to profit from the Robinhood hype without giving HOOD a penny.....
MarketBeat Ranks Stocks with Most Insider Buying in June 2021. ($ATIP, $FTCV, $ARYA, $HEC)
$FTCV Social Investment Network eToro Reports Year-Over-Year Growth in Total Commissions (141% Q1 Rev YoY Growth)
Payoneer Rebrands Ahead of Public Listing, 6/23 Shareholder meeting. Ticker change probably Friday or Monday (PAYO)
FTCV/eToro Demonstrates Accelerated Growth With Latest Results
AMA's Confirmed for the week of June 1st (Payoneer $FTOC, $SEAC, $FUSE)
Robinhood News (IPO) vs SoFi/IPOE (SPAC) & eToro (SPAC)
Upcoming AMA from top 15 value SPACs in the next few weeks (Ackman, Chamath, Betsy Cohen etc)
Trio run soon of eToro (FTCV), Coinbase (Coin) and Robinhood (HOOD)
eToro is going public via $FTCV, at $10B valuation (Definitive agreement)
FTCV (eToro) Warning for PSTH holders hoping for Stripe
Comparison of Fintech SPACs: BFT, FTOC, FTCV, IPOE, FUSE, FSRV, and VIH
E-TORO IS NOW OWNED BY CITADEL AND CO. GET OUT.
Mentions
Here’s my watch list. I owned the Xs - [x] Fuse ( FIntech SPY founder) - [x] AACQ ( Fintech, B2B, Worldpay CEO ) - [x] THCB (Batteries) - [ ] Qell ( Sustainability) - [x] Snpr ( EV & HYLLV2) - [x] Pdac (Environmental sustainability/plug - [x] FTOC ( Fintech) - [x] FPAC ( Fintech) - [ ] CHRH ( John) - [ ] LFTR ( Fintech and maybe crypto) - [ ] SWBK ( SBE v.2) - [ ] ZNTE ( Aviation industry) - [x] CCAC (sustainability) - [x] GSAH ( Goldman) - [x] FPAC - [ ] ALUS (Norway Battery) - [ ] FTCV ( Berry v.2) - [x] CONX ( Maybe 5G) - [ ] SCVX ( cyber security) - [ ] HZON ( Media) - [ ] SRNGU ( Draftking and Skills)
I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: FTCV PSTH. Message /u/zjz if they're above 500 million-ish market cap and not related to crypto/pennies/OTC.
I would like to present you all with a piece of history. This is my old SPAC list I found on my phone: - [x] Fuse ( FIntech SPY founder) - [x] AACQ ( Fintech, B2B, Worldpay CEO ) - [x] THCB (Batteries) - [ ] Qell ( Sustainability) - [x] Snpr ( EV & HYLLV2) - [x] Pdac (Environmental sustainability/plug - [x] FTOC ( Fintech) - [x] FPAC ( Fintech) - [ ] CHRH ( John) - [ ] LFTR ( Fintech and maybe crypto) - [ ] SWBK ( SBE v.2) - [ ] ZNTE ( Aviation industry) - [x] CCAC (sustainability) - [x] GSAH ( Goldman) - [x] FPAC - [ ] ALUS (Norway Battery) - [ ] FTCV ( Berry v.2) - [x] CONX ( Maybe 5G) - [ ] SCVX ( cyber security) - [ ] HZON ( Media) - [ ] SRNGU ( Draftking and Skills)
As expected, FinTech Acquisition Corp. V ( FTCV FTCVW ) and eToro [officially announced](https://www.businesswire.com/news/home/20220705005213/en/FinTech-Acquisition-Corp.-V-and-eToro-Mutually-Agree-to-Terminate-Merger-Agreement) the termination of the merger agreement this morning. Interesting that FTCV says nothing in either the press release or the [8-K filing](https://www.sec.gov/Archives/edgar/data/0001829328/000121390022036968/ea162364-8k_fintech5.htm) to indicate they plan to seek another business combination. FTCV completed the IPO on [December 8, 2020](https://www.sec.gov/Archives/edgar/data/1829328/000121390020042537/ea131577-8k_fintechacq5.htm) with 24 months to complete a business combination. That leaves them 5 months before they either have to liquidate or hold a shareholder vote to extend.
Wow, yeah seems like it. It‘s funny because it has significant impact on my returns. My FTCV at nav is up 3.3% in Euros, and all my cash in IBKR that is luckily USD after selling USD stocks/options. So lucky!
After the termination of FTCV/Etoro deal today, I am even more confident of my short position in CND/Circle warrants given the high likelihood of termination by December. Crazy that warrants are still trading above $1 while FPAC/Bullish is at $0.28!
[Would that mean FTCV dropping eToro ?](https://twitter.com/ReliableGuru/status/1529050973934653440?t=jkKwLo5c40xbOz8TsTPd3w&s=19)
So guys when’s that FTCV deal gonna close :D
FTCV deadline is next month, is the deal still active?
Good luck trying to trade FCTV--it's FTCV, FT for FinTech.
On the topic of arb opportunities, a lot of relatively advanced post-DA SPACs getting beaten down lately. In addition to BLTS, each of FTCV, FPAC and BRPM (all $10 NAV with options) are down in the low to mid $9.80s, all having been in the low $9.90s a few weeks back.
FPAC is trash (DWAC-style “let’s wait to actually make a company with a product until *after* the SPAC deal 🤡), CND fucked over the SPAC, FTCV is dead after HOOD’s post-IPO performance.
Any thoughts on when the mergers of FPAC, CND, FTCV will happen or what's delaying them? Not sure why these crypto/trading related companies haven't been able to announce a merger yet
Betsy Cohen has 4 SPACs searching and FTCV which she can't seem to close (I think it's quite likely they will terminate the deal). Looks increasingly likely she will be one of the serial sponsors to liquidate some SPACs.
What’s everyone’s opinion on FTCV. **If** they get the deal (Etoro) done, chance for upwards movement? Or dead money?
I thought it was doable with FTCV play… not! Then I thought it was doable with a PHE play.. not Then I thought it was doable with a F play… not! Good luck not loosing 30k
Today is the one year anniversary of FTCV’s DA 🤡 Imagine investing in a SPAC when it DAs and thinking it’s actually going to attempt to merge 🤡
yea not correct -- 2$ for warrants were while warrant market was higher more than 100% overall AND competitors like hood had 3-4 times MC than they have now -- if FTCV manages to hold 4-5$ I will be surprised, plus PIPE left, so they have fewer cash -- my guess is that only reason that are that high (0.9) is because of bagholders since they used to be around 3...
FTCVW now 0,8$ --> target 3$ - 8$ FTCV warrants (ticker FTCVW) will start to grow as soon as information about the date of voting becomes available. Tentatively, this information will appear in the coming weeks. The report for the fourth quarter of 2021 was published today. Revenue growth over 100% year on year. https://docoh.com/filing/1829328/0001213900-22-010847/FTCV-425
[Etoro Apologizes After Liquidating Its Clients' Russian Stocks](https://www.thestreet.com/investing/etoro-wants-to-make-amends-after-liquidating-its-clients-russian-stocks) FTCV FTCVW "The trading platform took an unprecedented action without warning its customers who do not hide their anger and frustration." "The customers most affected are those who owned shares in Russian supermarket operator Magnit, whose shares were liquidated for 1 cent a share. The company was still worth billions of dollars before the invasion of Ukraine by Russia." "We never wish to upset our clients and we are sorry that it was necessary to take this action. We will be communicating with all eToro users who hold MGNT that we will be providing them with a goodwill gesture in light of this incident."
Hard to believe FTCV gets done at that valuation in this environment. Almost guaranteed to tank hard.
Anyone holding FTCV? eToro seems like a solid company and the valuation got downgraded to 8.8 billion, still holding 50 shares at 10.25 average myself. Also any thoughts on IRNT? At these prices I've been loading to the gills it's in the right sector for future growth that's for sure. Cybersecurity is only gonna grow with everything going digital
Let’s be honest it’s just Etoro, FTCV deal has been dead for a long time
For a while the 7.50c strategy killed it with DCRC, GGPI, and FTCV. Recently its been much harder to find well priced liquid 7.50s on an underlying that can actually break nav
>Best arb opportunities? I took SNII from 9.83 to 9.99 over a couple weeks. Looking for next 1-2% return in under a month FTCV - if the deal is announced it will gap up to 9.97 or whatever the NAV is, if the deal is off, will plummet to 9.6s and then settle at 9.7 or 9.8
I have been doing small honest monies in selling CCs and CSPs here and then. Returns % are good but miniscule. Not seeing any good puts to buy as everything is expensive. I think I will sell NIO and SoFi CSPs, maybe Genie 5p ... Betsy please announce FTCV date so I can exit my commons. Please 🙏🙏🙏
Not sure about the dates but I would add these to your watchlist. FTCV, FPAC, CFVI, BENE, GGPI, SBEA
Averaging down on KTTA and FTCV
I sold all my FTCV, which was my last spac, and taking a break for a while until they sort their shit out with these crappy companies and their astronomical revenue projections
With HOOD at 11b mc there's no chance FTCV x etoro completes... right?
HOOD down 66% from IPO. Market cap of $11B. Holy shit if Betsy somehow achieves the impossible and manages to close FTCV my puts are gonna make me so much fucking money.
Not yet but I usually post in the daily for feedback when I find one. Currently my only short positions are VORB (short stock @$9.23 avg), ESSC (long June 15Ps @ 5.20 avg), and FTCV (long May 16Ps @ 6.15 avg).
FTCV DA was last March and she still won’t even admit that the deal’s dead, I don’t think Pico is at the top of the priority list lol
people are willing to pay 1.30 for May FTCV 10 p - whereas no news on the deal and it may very well be cancelled. Reminds me of people paying 2 for GNRSW.
For nav(ish) commons with some upside potential I have CND, SNII, SBEA, and BRPM in that weighted order. On my list for potential but less conviction are FPAC and FTCV. Would buy near nav GGPI, CFVI, ESSC Anything else I should be aware of/watching?
Bought lucid and Ivan puts today. Got lucky that Ivan merger date got announced right after I bought. Will look at FTCV! Haven’t considered those. Isn’t there some concern the deal will fall through?
Which puts are you all picking up? I’m loading FTCV puts and have nibbled some LCID spreads. Most deSPACs are already dumped into oblivion so I’m mostly looking for pre merger SPACs.
>CND $10 Calls are cheap now Thanks for the call out. Feb ones look good for 20 cents. Also FTCV Puts and SEAH puts have not moved as there are no dates. So take a gamble on Feb ones hoping both announce. I have more confidence in SEAH than FTCV.
Atleast I can't lose money holding FTCV. Thinking going all in in MTTR in 2-3 weeks
FTCV going to have to lower eToro’s valuation again
Dug deep into FTCV at the new valuation and it’s at least a decent deal for investors.
What are the odds of FTCV merger before February opex? Thinking about selling some ccs and in light of the extension to May.
I mean if you’re holding FTCV, and think the only chance of FTCV going up is HOOD recovering 30-40%…you should probably dump FTCV and buy HOOD lol
I mean if you’re holding FTCV, and think the only chance of FTCV going up is HOOD recovering 30-40%…you should probably dump FTCV and buy HOOD lol
I mean if you’re holding FTCV, and think the only chance of FTCV going up is HOOD recovering 30-40%…you should probably dump FTCV and buy HOOD lol
A 15% valuation reduction and still having a deal albeit later than anticipated vs. deal failing all together starting at square one or liquidation... To me that shows some sponsor conviction. But I also hold zero FTCV and haven't followed any other Cohen price action except HERA_W.
What the fuck FTCV? A 6 month extension? The DA was in MARCH. Pathetic
FTCV <> eToro lowered valuation, deadline pushed to June nex year!
Honestly screw FTCV for not even being upfront with investors about the deal being fucked
No news at all for FTCV… lost 5% of my entire portfolio on this and they can’t even say the deal is cancelled so I could move on. Gutted.
Is FTCV-Etoro thought to be dead or is the market just this non-plussed with HOOD that its at 9.87?
[FTCV NEWS](https://www.reddit.com/r/FTCV/comments/rozq8w/ftcv_does_this_mean_etoro_had_achieved_an/)
But its dead. Just like old Betsys FTCV
Thinking of liquidating my FTCV position at a 2% loss to buy ESSC and write calls for next month. Thoughts?
Yep especially with FTCV bc I think there’s a good chance the deal gets nuked
It dropped when the concerns for FTCV came out. I think it's totally fine. Additionally it's a reaction to HOOD and SOFI being beaten down of late and money rotating out of Fintech. Just seems silly to say this is normal warrant price being down 50% in a month Just needs its merger and some more strength in Fintech and I expect it to be back to $1.50ish with consistent gains from there
Scooped some FTCV May puts, plz close deal Betsy 🙏
Can someone do me a favor? FTCV floor still in place, any merger date announcement?
Lol FTCV. What a dumpster fire
There are some very, very delayed crypto deals. FTCV/eToro is taking an amazingly long time. The first filing on that deal (same as FPAC's filing on 11/16) was back in 2021-08-31 and still, no merger date was declared.
Wow FTCV warrants are back to pre-DA levels.
No, only thing it seems any of us can come up with is the FTCV worries driving it down along with it.
HOOD stock has almost halved in a month. FTCV / eToro deal really needs to be revalued: eToro looked like an attract comp to Robinhood when HOOD was trading at $40+ just after IPO but not so much now. I'm worried that the merger delay is due to a disagreement between the parties on what the renegotiated valuation should be and that the deal could be called off.
Do you think FTCV is dead…?
That's SEAH, not FTCV/Etoro. What are you talking about friend?
Betsy plz close FTCV I need a win 🙏
The FTCV deal seems like its going to fall through and the reaction to the FTVI deal this week was disappointing
My highest conviction NAV spacs that I think could actually move above NAV *before* merger (haven't seen a lot of this happening lately). Likely catalyst is merger date. RBAC - SeatGeek SEAH - Super Group DCRN - Tritium FTCV - eToro (but only if valuation is changed and the deal doesn't fail) Any others at NAV that may be able to sneak up to 11 or 12?
FTCV and Etoro, merger when? They said officially Q4, there's two weeks left of Q4, where the merger at Betsy?
>FTCV up 50%!! ​ Whoops forgot the 0. in front!
Wait for an update. Completely scaled out of FTCV two weeks ago (largest position). The deal is most likely being re-negotiated.
Betsy is turning 80 next year. Not a smart move going all in in FTCV?
What the heck? Just bought a single OTM May put on FTCV and in like 3 seconds then asks on every single contract went up like $1
I need FTCV to moon to $12 range in next 3-4 weeks. Otherweise im really fucked. Im 20k short on my pre payment for property.
Right now the only hope for that to happen is HOOD goes to moon somehow, and FTCV *might* run for a couple hours. No way they pass the merger in two weeks and SPACs rarely run hard before mergers nowadays.
Can someone call costumer support by IBKR and ask them if they have saw some unusual trading at FTCV?
Ask them if they see somethink unusual at FTCV
Sorry...I take full responsibility. DCRN IVAN FTCV They all got drained to NAV and below because I had "safe" money in them. I'm gonna stick to VT from now on, I don't think I have the power to destroy the entire world economy yet.
FTCV will want to renegotiate, eToro will not be happy about getting less. I'm not convinced this will go through at this point. Then again...I do almost everything wrong, so maybe now's the time to buy.
I'm starting to think there might be trouble with the FTCV merger. What could be taking them so long to close this deal?