Reddit Posts
I scraped r/SPACs for the top ticker mentions in the last 24H. Here are the results (Sunday June 05, 2022)
Should've waited a bit to drop money into AVPT....
Cantor Fitzgerald analyst Brett Knoblauch initiated coverage of AvePoint with an Overweight rating and $10 price target
AVPT CEO TJ buys the dip today! 33K Shares! 🚀🚀🚀
AvePoint Earnings - 40% Short Interest Discussion
$AVPT falling wedge about to break out. Target of $12. Potential gain of 37%. Earnings around the corner 11/9
$AVPT falling wedge about to break out. Target of $12. Potential gain of 37%. Earnings around the corner 11/9
Avepoint (AVPT) : An Undervalued Play Which Literally Can't Go Tits Up
$AVPT Being Shorted. +65.34% Short interest
AVPT shorted 61% - DD and Data inside post
AVPT now 60% shorted after DESPAC, DD and DATA in post
AVPT now 60% shorted - squeeze candidate for the apes?
Balls and erect breakout on $AVPT monthly chart 🍆🚀
AVPT Chairman acquired another 25K shares today after yesterday’s 60% short volume
AVPT Chairman purchased another 25K shares today after 60% short volume yesterday
AVPT Chairman just purchased 25K shares immediately after CEO bought $1M worth of shares 🚀
Avepoint (AVPT) Executive Chairman Gong Xunkai Purchased 25,000 shares at 9.65
Avepoint insiders keep buying. Exec chairman just purchased $250k worth of AVPT shares
20% of AVPT shorted. Squeeze opportunity this week 🚀
AVPT CFO just purchased 110,215 AVPT shares
Mentions
In case someone is interested - AVPT earnings dropped today. Yes, you guessed it right, it's again good. :DDDDDD
You holding bags? In any case, why do you feel AVPT is a good stock? Do they have anything in the works? At a glance, it doesn’t look great. I’d love to be shown why I’m wrong.
Agreed, which is why my biggest holding is AVPT. Great company, take a look!
This. Still holding 104 shares from that March 2020 dip to $146. I bought a couple hundred thousand warrants of AVPT in the high .50/ low .60 range and have over 2x'ed that, possibly 11x by Sept 2026 expiration...
It might be good, but it came to market through a reverse merger with a SPAC and all SPACS got slaughtered to -90%, it was open season by shorts and there were no exceptions. Even AvePoint (AVPT) got beat to $3 and they are good company growing 20%+ YOY with over $200m on the books with no debt, though they have recovered to over $8 recently. If you came through a SPAC you got labeled and fucked.
What happens to AVPT Monday? seems like a combo of positive ER and short covering pumped it over 10% Friday, so big red dildos?
Because AFAIR you are always negative with AVPT earnings, and yet they've been doing at least good each time. If only two other deSPAC tickers I hold were doing at least half as good. Oh well, they have time to bounce back.
First time in 2 years some of my AVPT holding is green 👀
You whine like old grumpy incel :P I told you numerous times AVPT is one of the good ones. My first long deSPAC that got back to green from being 50ish% in red.
AVPT (but I'm a bag holder from their early SPAC days) . Negative P/E and no dividends, up 74% YTD. Partnerships with Microsoft and provides service to international companies like Ikea as well as government agencies. At this point every time I buy, I'm averaging up but unlike some of my other early stock picks this one is actually pretty solid with a well connected, relatively well know C-suite/board of directors. (Kinda hoping no one sees this so I can't buy more first 🙃)
AVPT and PAYO holding up for me. MIR doing its up and down thing between 7 and 8. My other despacs are pretty stable. Let's see at the start of the new year 😂
ENVX is still doing rather well. AVPT isn't doing not that bad either. But yeah, I am a fool for holding for so long to so many heavy bags. For real.
Into NKLA at $24, out at $73...netted $440k. Turned around and went all in on warrants at $17 and sold at $34, idk how I timed that but that's how I hit my first million. I kind of sat it out for a while, then the whole video game store meme stonk thing kicked off and I saw the writing on the wall and mostly sat it out since. Seen too many people continue making stupid moves and lost everything. I did throw $150k into AVPT warrants with an average CB of .57 so those have about doubled since for another $150k gain (on paper). If AVPT gets back to all time highs before they expire in September of 2026, they will have 6xed from here...I'll let them ride fuck it. It might be hard to get out of 263,000 warrants though.
AVPT not doing too badly, still growing their business
They’re up now, but I’ve been in AVPT(previously APEX) since they before they did a SPAC merger . I was down 30+% at some point now I’m up 7%. I think they’ve just started. SaaS with partnerships with major companies like Microsoft. I might end up avg costing up, but imma continue to buy for the foreseeable future. They hovering around break even but usually in the red with their quarterly reports but if you look at their disclosures it’s almost all spending on growth.
AVPT is amongst the small handful as well, there were few gems in a massive pile of back of the napkin phantom business plan shit deals.
AVPT up 40% over the last 6 months, nice near 9% push the last 5 days...noice
AVPT with the breakout wow...longs will do well
I remember when GS slapped a $17 target on AVPT then it went to $3, no one cares what these "analysts" say, they just throw darts at a board.
Looks like AVPT going forward like a train. Cho Cho full speed ahead !
I don't think it was just big tech, I saw AVPT (small cap tech) with massive inflows Friday too. Does it mean anything? who knows.
For some reason AVPT warrants had like 3 weeks worth of volume today and shot to $1.40 wtf
Maybe they rebalance out of a position as well? I don't know enough about it other than it didn't do my holdings in MIR or AVPT any favours when they were added.
I feel you brother. I tax harvested AVPT at the end of '21 and OPEN at the end of '22. I'd like to slim down my portfolio too but need some of my bags to lighten up first. I got more into investing after the covid crash as well, as I was dormant with trading and investing for most of the 2010's. Thing is I was carrying some bags all during the dormancy period and they got lighter in the '20-21 rally and I was able to unload them, but unfortunately I found new bags to hold instead.
No one here is going to say it so I will. I started investing right after the Covid Crash. Got sucked into too many speculative plays and now I am bag hiding as well. Have spent the last year moving into value plays and slimming down my portfolio to own less individual stocks that I understand and research. I am sitting in big losing positions with stocks like NIO, AVPT, OPEN and others. Now I am considering Tax harvesting, but this has been a painful lesson for me. Hope this helps.
/u/SPAC_time would you be a pal and write a TL;DR regarding today's 10K from AVPT ? All I saw was they had an accounting error/problem that they amended.
Who had AVPT with potential accounting fraud in the dining room? That was one of a few deSPAC's I though would be solid, but they got that SPAC stank all over 'em it appears.
I have sizable long term positions in MSFT and AMZN, but I'm up 67% on AvePoint (AVPT) in 2 months and they should be EPS positive in the next ER. I bought some NVDA at the same time but even that run up wasn't close.
Smells of 2020. Even AVPT is pumping
Sold FNGU at $86, it's $170 now.. Sold AVPT at $5.25, it's $6.80 now Forget inversing Cramer. You will make millions inversing me. I sold SOFI and PYPL yesterday. Go Gamblers..
AVPT 52 week high! wolfiasty where you at?
Hope for the best, expect the worst 🙂 . I jest, I'm pretty confident on AVPT
Sheesh, you still are wary of AVPT ? Mate come on. I'm 13k in red on it and and I'm not worried it I will get back in green on it. Legit company. But SPAC stigma is real.
Enjoying (whilst it lasts) AVPT resilience and slow grind upwards.
Nah my tongue is firmly in cheek when I say these things although I am a long-term fan of PWP and have started a position in PAYO. I also have a heavy AVPT bag but it's product falls within my field so I certainly see its utility, cloud is only going to get bigger and if you want certain insurance etc you need to have backup outside of Microsoft / Google. Their product appears to get constant Dev so I think on the long run they will be 👌
Nah, I never got into SPAC team hype, though I had an impression she was a hell of a business woman, and not a scamath type swindler. I'm heavy in AVPT (so it's rather bad indicator). It will go higher once market will stop being twat.
AVPT - down 63% - bought during Spac fever when every YouTuber was quoting a new spac in late 2020. Luckily it was only 8 shares as I pare off remaining 99% before it falls off the cliff. I thought it was a good stock as it supports Microsoft applications. Sometimes you just hv to stick with the proven horse and derisk from penny stocks.
looks like short covering on AVPT, the free money days might be over for them
Oh, and need I say AVPT is the least heavy of my bags and I've been holding for quite a while. Actual contender to get to even first.
AVPT good earnings and raising guidance
AVPT is going to be taken to the woodshed afterhours isn't it 😞
I can tell you I watched him during his rise in 2020 to fall in 2022 and he was exposed countless times on his 0-100k challenge. He has told people completely incorrect information on the basics of trading (selling puts). Pays bot accounts to give him overly obvious positive comments and deletes the overwhelming negative ones. If you are a beginner I would recommend you take a wide berth away from any company he recommends especially his penny stocks. I remember him pushing TTCF at $20+ a share hard saying #loadup #125sharesminimum #homerun #putyourfeetup. Other hilarious pumps of his FTFT, RIDE, AVPT, HYLN, oh and I forgot about saying to buy ETH Classic at $150 a coin. Literally if you followed any of his advice from 2020-2021 you would be down at minimum of 50-75% your initial investment.
Pretty ironic taking victory laps after recommending with high conviction to buy SLDP, AVPT, SNAX at highs 🤡
Btw - Goldman Sachs initiated coverage on AVPT, with PT $5.5 and neutral.
SPACs - no idea, deSPACs - check AVPT after coming earnings. I wouldn't call it best, but defo it's not bad.
forgot AVPT existed. what a throwback
7% is absolutely ripping for AVPT haha, it barely moves.
I did this in real life only with 20k…I bought AVPT…I’m down 60%
Dang is this sub still alive? Remember when Avepoint (AVPT) was a SoLiD CoMpAnY?
AVPT is a solid one, they make money TODAY and are on the verge of EPS positive territory and for a SaaS that's near unicorn land cause they all suck at making money. Aren't they trading at like 3x revenue?
i've always hated AVPT and I expect new lows soon.
Holding AVPT, UWMC, HYLN, WISH, PSFE 🤪🤪🤪
I would stop buying speculative stocks and start buying based on fundamentals. You can see in the balance sheet that AVPT has a book value of only $1.26 per share which has grown from $.09 they had in 2020. I didn’t lookup any of the other positions but I have been watching draftkings and can tell, you bought them at the top. I see Draftkings being only worth about $5.00 a share but even at that price I’d be leery of buying because their competition is fierce.
Recommend keeping AVPT. Stock is down (so is rest of market), but company is solid currently. The cloud space is huge and they're positioned to benefit in the future.
Only AVPT might recover to pre covid levels, but that recovery will take a few years if it happens at all. You don't seem to know what you are doing when it comes to investing, but you should consider tax loss harvesting at this point. At least, it will lower your income tax bill this year. If you lower your tax bill to zero with only part of this loss, then I would hold back your highest losing positions until next year (Smallest cash value positions on sale, VYGVQ, TTCF, PSFE) You can reinvest the money back into the same stocks after 31 days and still keep the loss on your income tax, which is not something I recommend you do, but it is an option. Research tax loss harvesting before you do it. More than you researched these trades.
Hello fellow AVPT bag holder 🤝
Tbh have IPOs fared much better? If you brought SNOW or COIN at the top would you be feeling anymore confident of getting back to that price ? I think it's true to say that a large majority of SPACs are dead companies cashing out but there are some that appear to have been legit. Much like the IPO market really. I remember AVPT stating that they preferred the SPAC route at the time as it guaranteed the money they would receive over an IPO. Or as with Vertiv and Mirion they wanted to partner with Goldman and know they would be long-term holders (let's see how that pans out 🤣) so there is probably a legit reason that some companies preferred the route other than not having the books integrated through a IPO process.
I'm more curious if peeps have been DCA'ing in and turned some of their original positions around. That's what I did with PWP and I am now up on it and just wishing I brought more. Also DCA'd into AVPT, work in progress there. Did the same for PaySafe - whoops. My original mistake was to buy into my full position most of my holdings, rookie mistake but lesson learned.
Did you mean "your point?" . Just because insiders are buying does not mean it will go back to that price. I hope for AVPT holders (me) and SNAX holders (you I assume) that I'm wrong. Buying at ATL is a gamble that's paid off on SNAX but it so often doesn't.
AVPT insider's were buying in the 9's.
Actually restored a bit of faith in the spac stocks I brought into. AVPT ER not a disaster stocks followed market for once MIR ER work in progress but hopefully once supply chains sorted the close some of their sales pipeline might buy more, PWP earnings good, stock moving up wishing I'd brought more. Hoping to hold this for 10 years+ will keep DCA in. SoFi earnings good just long slog ahead. PaySafe earnings inline, turd I should have got out of when it dropped to 8, future tax right off. Super Group probably another PaySafe, clearing warrants and earnings soon. 🤞
What does AVPT do, moon to 4.25 or crash to 3.40. Anticipation is killing me!
If I saw correctly AVPT is estimated to have positive EPS. Would be nice.
AVPT already worked itself back to the 3s . Sigh.
Dems win Senate, LCID shit ER, SNAX red and still below 30 cents, SLDP bad ER and barely holding 5, AVPT at 3.80, Oil dropping.... Spacy having quite the day :D
Well F me. Yesterday, end of the month, some funds dumped AVPT 400-500k shares at the end bell. Effin perfect, but not.
Missed AVPT, quick look they’re probably one of those at around break even, need to improve overall profitability or other metrics like NRR to probably get any attention given broader software meltdown. BARK has been getting better but on a trailing view they’ve been pretty heavy negative margin/cash burn.
Man I remember $AVPT being the holy grail for this sub before it merged. I was doing research on it right as Black Ops: Cold War came out. I was eating chips, playing on that Miami map, and trying to figure out why anyone really cared about this company haha. Different times man!
Been watching AVPT looking to average down. It's swung around 3.90 to 4.20 for a while. Finally decided to add some more two days back and bam, today now down to 3.77 and will probably continue into the 2's cos why not. You do start to wonder if you're in a simulation and something somewhere is just waiting for you to buy to then start slashing the price 😂
AVPT is weird. Has drops when the markets green, but then will also randomly rally when the market is red. 🤷
AVPT with $3 handle... wtf, this was supposed to be the boring/safe one. Or maybe it still is, considering KPLT is less than a dollar.
I've been guessing on AVPT for the last 2 years. Does guess frequency come into play with this matter?
DCFC (on EV infrastructure future) AVPT (on SaaS' eventual comeback) SNAX (on valuation & growth)
OK, anyone have some dry powder to throw at AVPT is they get to a $3 handle?
I thought about this and have no problem saying that SNAX according to tried, true, staid metrics is the better bet in an inflationary environment. Consumer products and that sector are obviously, historically going to do better. So based on math, you and I both know SNAX is the smartest bet. But for growth in tech that has no historical metrics but an agreed upon unexploited TAM and the eyes of the largest influx of cash since Kennedy’s Space Program? Well, risk on. But who amongst us is not risk on? SNAX conforms to every historical metric. It is still not a sure bet. Is it a better bet? Maybe. If we’re not heavy growth and I was mired in fundamentals and expectations of revenue… my bet would be $DMS first and $SNAX second for in goes mon we y and outcomes are returns based on revenue. I might have even tossed in AVPT. But it is not prudent to compare our port size, return expectation and risk tolerance. I have $65k to toss in when, if ever, I see an opportunity. I suspect folks on the sub who C are not playing warrants or flipping have at least $500,000 to 2 million liquid they will throw down with. For me, why does anyone care what I think when I will ever throw down on any play with more than $3-5 k at a time? If that. With Super deserved respect 🫡 you and I and Cathie have zero in common. I can only control and execute so many variables and exploit my own strength- reading research and a long engagement in synbio. Which includes my trying to export it as a career for folks overseas who had zero career chances. And I did that judiciously knowing it had NAT sec implications as early as 2016. It is just my knowledge that gives me confidence and I stand by it. The Cathie Bs is marked manipulation by forces only you understand.
Wouldn't touch any pre-DA warrants, especially with more rate hikes coming. Only ones I messed with is buying almost 275,000 AVPT warrants under .70, 2026 expiration and if fed pivots next year or even 2024 they should return handsomely considering they have no plans to call unless they can get the cash.
Eying AVPT if it dips into the 3s
LOL @ 7. He sure as shit should be labeled the DOG. AVPT… & Stryve And now he buys into DNA. Shoo! Bad Dog! Kidding, I think. My ❤️ did shrink a bit when I seen his buy in. And Sharist I’m counting on having plenty of time to buy in. In the interim I have options 2 years out. If I was smart I would have sold twice already and rebought, but obviously I’m not.
so is goldman sachs, evercore, BofA, wells fargo, look how their targets turned out. $17 AVPT guys.
At what price do you think AVPT would start to buy back shares ? It seems like management doesn't think it's fair valued or under valued ? Is this flawed logic, to look at this way ?
Exactly what they did, I think AVPT is in 4 or 5 of their iShares funds
Blackrock increased their holdings in AVPT by 378% in Q2, from 1.47 million shares to 7.4 million shares according to 13F filed today.
Thanks to AVPT I'm down on dark green day, but I'm up on the week - I'll happily take it. Lets have some more.