Reddit Posts
Black Rifle Coffee $BRCC has Closed it's Merger
BLACK RIFLE COFFEE is going to explode. Getting in early with a 10k investment in the SPAC SilverBox Engaged Merger Company SBEA. Black Rifle Coffee's enterprise value 1.7b is just above 5 times next year's sales, roughly a quarter higher than Starbucks.
BLACK RIFLE COFFEE TO THE MOON!!! Buying the SPAC SilverBox Engaged Merger Corp SBEA
Thoughts on SBEA seems like another Trump pump & dump stock.
SBEA Stock Looks Undervalued Before Black Rifle Coffee Merger
SBEA Stock Looks Undervalued Before Black Rifle Coffee Merger
Prog share float = >100 million. SBEA small share float = 35 million! The better choice is obvious. SBEA will pull another BKKT and rise atleast to $25 EOM. Prog hit it’s peak
Why would you buy PROG after a huge run up within a short period of time when you can buy another ahort squeeze play while it is at a discount, SBEA fair value is $50 to match it’s $1.7 billion valuation while it just went down to $10. LFG! 🚀🚀🚀
Why would you buy PROG after a huge run up within a short period of time when you can buy another ahort squeeze play while it is at a discount, SBEA fair value is $50 to match it’s $1.7 billion valuation while it just went down to $10. LFG! 🚀🚀🚀
$SBEA spac and Black Rifle Coffee going public
Black Rifle Coffee now trading under $SBEA… the next Starbucks?
SBEA has hit the floor, get on now or FOMO
"right-wing coffee company" Black Rifle to go public via merger with $SBEA
$SBEA SPAC to merge with Black Rifle Coffee co.
SBEA…I had to support…love our veterans. I would love to own a franchise. But for now I‘ll just keep buy SBEA!
$SBEA, this will destroy dwac.. American Coffee Company who hires Veterans, Tomorrow the FOMO will be real!!! I will be YOLOing tomorrow.. btw the coffee is good
$SBEA had a short life today. Maybe more movement tomorrow. Nice investor presentation.
$SBEA had a unexpectedly short life today, I suspect the shorts may have moved in. If anyone can check the current short % Watch for move up again. 👀
$SBEA - SilverBox Merging with Black Rifle Coffee Company
SBEA, Hold the line folks and keep accumulating on this consolidation, volume today was too good to ignore and will run the rest of the week! Black rifle coffee company is a great company with a huge following, quick growth and trusted. Fair PT is $50 to match their $1.7 billion valuation! 🚀🚀🚀
Black Rifle Coffee Company goes public under the SPAC $SBEA
Jump on $SBEA - Soon to be $BRCC (Black Rifle Coffee Co.)
SBEA is still showing great support and holding up well, volume is crazy and this will pick up and run again from here, LFG!
SBEA because Investing in coffee in America doesn't sound bad.
Bought $SBEA At $11.01 and have a stop less @ 10.98 let’s see what happens
Jump On $SBEA - Soon to be $BRCC (Black Rifle Coffee Co.)!
SBEA holding support perfectly, charts show this is primed for another run throughout this week! LFG
SBEA once I saw the Wall Street journal article I was in.
SBEA testing the waters. I’m scared tho
SBEA/BRC valuation is called to be 1.7 billion, that makes the fair PPS for SBEA/Black Rifle Company @ $50! This can easily go to $30 EOW and $50 next week when it is DE-SPAC. LFG 🚀🚀🚀
SBEA - you're worried about the stock? Why? You literally can invest in coffee tits and guns... There's a reason this company is getting huge. Trust me bro.
Dump GNUS cut your losses and make your money back in SBEA
SBEA cup forming. Coffee and guns are more American than apple pie. Coffee fits in cups.
CRTX,TR,LCID,ATER,PROG,SBEA squeezable love the stocks like they’re family☺️💪💰
CRTX,TR,LCID,PROG,ATER, SNDL,SBEA collect them all like Pokémon 😂😂😂
SBEA BAGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGER!!!!! called it !!!!!!!!
Sold SBEA at 45% gain now where to put it I put more into CRTX and TR, and a bit in LCID but still have a decent amount remaining where should I put it?🤔🤔
CRTX, LCID,ATER, PROG,TR,SBEA and now I added OCGN full send it I guess😂 gotta catch them all like Pokémon💰💰🚀
CRTX,LCID,TR,SBEA,PROG,MNKD,ATER I’m holding literally all of these and theirs more haha I guess the best way is just to buy them all🚀💰🤷♀️
SBEA took them gains to CRTX and more LCID I’m thinking about TR someone mentioned on WallStreetbets👌🚀🤔
#SBEA 1.7 billion SPAC deal to take black rifle coffee company public.
Black Rifle Coffee SPAC. Get it while it’s Hot!!! SBEA
Veteran-Focused Black Rifle Coffee Going Public Through Silverbox Engaged Merger Corp I $SBEA
$SBEA - Veteran-Focused Black Rifle Coffee Going Public Through $1.7 Billion SPAC Deal
Mentions
Hit and miss. ISPO was definitely a unicorn but small retail discord servers have squeezed many stocks before (many of them obscure pennystocks, but ISPO was even smaller than those considering the float). So I don't agree with your assertion that retail can't drive volume like this. Hell, even something like SBEA saw 100M volume the day it was announced.
When is PIPE unlock for Black Rifle BRCC former SBEA. I don’t wanna miss this dump.
Economy != market. Also, how the fuck do you expect to pay down the $29T sovereign debt of the United States? The corporate profits chart is a steeper curve than the tax receipts chart: https://fred.stlouisfed.org/series/W006RC1Q027SBEA Even if supply-side economics wasn't total bullshit, the shape of these two graphs indicates that there would never be a point where tax receipts caught up to the rate of profit increases if we were to just keep doing what we are doing.
Saw this being pumped awhile back through the SBEA SPAC, steered clear of it.
The SPAC SBEA changes to BRCC today and I’m excited!
I only saw a clip on YT while making coffee. I don't have anything against him and don't even know his story too well but the overall vibe I got is that he's just another dude from next door. [https://www.youtube.com/watch?v=XiJU\_CefPZY](https://www.youtube.com/watch?v=XiJU_CefPZY) This can both be a good thing and a bad thing. For some people it might make him appear more down to earth, but I feel like he's not experienced to deal with media and not ready to be the face of a public company. For comparison, look how SBEA'S executive handled the interview a few months ago. [https://www.youtube.com/watch?v=SQNPVFU-bD4&t=6s](https://www.youtube.com/watch?v=SQNPVFU-bD4&t=6s)
BRCC/ SBEA options came back. Puts are cheap!
Has anyone from $BRCC or $SBEA go on CNBC or Fox yet?
Anyone else watching $SBEA > $BRCC
SBEA new ticket today BRCC - let’s just see how high this stock runs today 🚀🚀🚀🚀🚀🚀 champagne tonight for sure!!!
Yeah? This is like being upset that the sun came up from the east today. Here: https://www.sec.gov/Archives/edgar/data/1836707/000110465922017067/tm225720d1_25.htm And a week ago here: https://www.sec.gov/ix?doc=/Archives/edgar/data/1836707/000110465922011515/tm225506d1_8k.htm > On February 3, 2022, SilverBox Engaged Merger Corp I (“SBEA”) provided written notice to the Nasdaq Stock Market LLC (“Nasdaq”) of its intention to voluntarily withdraw the listing of its units, shares of Class A common stock and warrants from Nasdaq and that, following the completion of its previously announced business combination [...] They even tried to help simplify everything involved in a press release for you: https://www.businesswire.com/news/home/20220203005954/en/SilverBox-Engaged-Merger-Corp-I-Announces-Stockholder-Approval-Extension-of-Deadline-to-Withdraw-Redemption-Requests-and-Planned-Listing-on-NYSE-in-Connection-with-its-Proposed-Business-Combination-with-Black-Rifle-Coffee-Company
Can't wait to buy SBEA puts if the price keeps going up.
If SBEA aka BRCC as of tomorrow morning (CEO ringing the bell at open) has half the run DWAC did, I can finally afford that van down by the river!
u/thetagod what's up with SBEA again?
SBEA is jumping like crazy today! On DESPAC i’m expecting a massive pump like with BKKT and DWAC
SBEA going to rip to Valhalla thanks to Cheeto fans
SBEA SPAC merge with BRCC Is anyone going to be investing in them before the merge? For those not following them, they are going to merge with Black Rifle Coffee Co. BRCC already stated they are going to use the money for massive brick and mortar expansion along with advertising. 100 shares/9.87$
SBEA-going public as BRCC black rifle coffee co. Already a money making biz
I actually said yesterday that you could easily short SBEA's pump because...They are going to de-SPAC, are unprofitable, and have a high $1.7 billion valuation. for the record, I did not personally short them (I am fully allocated).
Approved Mergers: SBEA ENNV Units Available to Split: EVE BFAC AHRN PRLH IVCP Ticker Changes: VMAC to ANGH IVAN to SES
Does anyone know what may have caused the SBEA pump yesterday? Certainly curious timing with the redemption reversal option
Lol $SBEA also announced today that it is extending the deadline for stockholders to withdraw their redemption requests to 5:00 p.m., Eastern time, on February 8, 2022. Any stockholder wishing to withdraw a redemption request may do so by contacting SBEA’s transfer agent.
SBEA is jumping hard, I heard it’s off a pending partnership with Donald Trump, They already are partnering with many high end celebrities. Kinda insane how much they are growing. Expecting to see a jump to $15 before the ticker change especially in this environment
SBEA (Black Rifle Coffee) is up 16% right now. I think they will vote / approve the merger today. At it's current valuation and being an unprofitable SPAC, if I weren't fully allocated, I would definitely short it.
Let’s go….SBEA IPO next week 🚀🚀🚀
What about SBEA? Black Rifle Coffee merger happens Feb 8
SBEA merger approved to BRCC 🚀🚀🚀🚀🚀
Citadel buying the spac is not a reflection of their view on the business. They are on of the most active arbs out there and will redeem 100% of their shares on merger. Citadel has a position in most SPACs going into merger. SBEA for example last week.
Anyone going to play SBEA? Merging with black rifle coffee will get all the trump money flowing like DWAC I'm guessing
shareholder meeting just wrapped up. SBEA approved to BRCC black rifle coffee co….IPO SOON🚀🚀💩💩💩
Does anyone have insight into SBEA/Black Rifle Coffee?
SBEA vote result should be any time now. I'm sure it will go through. Ticker change Feb 9 or 10?
I’m I the only one who thinks SBEA/Black rifle might absolutely explode on ticker change? 1: good chance they go on Fox News/ CNBC to promote their stock 2: one side of the isle absolutely loves them 3: there gotta be pumpers who connect them with DWAC 4: regardless of everything else they actually look like a decent company with consistent sales and growth. I sold all my puts and bought calls. Haven’t bought calls on SPACs for a very long time lol
I didn't buy any as they were expensive. Hoping SBEA and fath puts get cheaper
Gun coffee (SBEA) floor gone. Vote is this week?
Buy SBEA, Black Rifle Coffee Company going public via SPAC. Most of their business now is DTC, but over the next 3 years their growth strategy is wholesale, outposts (stores), all while increasing DTC sales. This could be a good long term buy and hold.
SBEA has merger vote on 2/3. What happens if you buy units and they’re unsettled before merger vote? I’ve never done it, but my understanding is units automatically get split at merger. Curious if they have to be settled though. Do you know?
How bad is the SBEA deal compared to other crap - I think its not totally a TMC like stinker but surely worth 6-7 in this market?
Thanks, friend, I was in SBEA. Similar letters, worse performance. ;) It may do well upon ticker change next week, but I’m not sticking around to find out.
Oh really? IVAN and MCMJ lost their NAV yesterday and their votes are 2 days before SBEA's. Maybe there's a bank holiday in the next few days?
Haha that’s awesome. I didn’t go in too heavy because I wanted to kinda test the waters for a little bit and see how everything worked out so looks like I made the right choice on that. But thank god I commented here caus I was gonna put the profits into SBEA. I’ll keep you all posted what happens.
Not sure about the dates but I would add these to your watchlist. FTCV, FPAC, CFVI, BENE, GGPI, SBEA
VOTE!! SBEA - vote for merger to BRCC, docs were emailed!!
Went over to Stocktwits for a hit of hopium and left feeling sadder despite the hopium overload/ creative math over there. Have any recently merged spacs gone up close to merger? Anyone holding SBEA have any hope this goes above $10 at any point? I’m definitely selling before merger, wondering how to time it.
Definitely do your own DD but a few optionable mergers coming up are XPDI, CCAC, TREB, SEAH, and SBEA. Right now I’m primarily in XPDI and BOXD puts: XPDI’s merger meeting is tomorrow and crypto mining has been getting wrecked (see MARA), while BOXD has a wide pricing discrepancy between commons vs. warrants that makes me think it’ll keep dropping. Have some SEAH 11ps but may sell those off soon (got them around vote date announcement and am up 40+% already). After wrapping those up I’ll turn to the others on the list to see what makes sense.
Four words…Black Rifle Coffee Company - SBEA, get some before IPO
SBEA merger is in 3 weeks, and it’s below nav. For some reason out of all of the things, this is especially bumming me out.
I’m impressed you made sense of what I wrote. That didn’t come out right, but you got what I was saying. :) It’s actually currently at my cost average, and I’m holding because I’m not feeling pulled elsewhere. I’m also in SBEA which isn’t doing anything. For Pre-da I have PNTM, and that’s it for nav spacs for me.
Just in case anyone hasnt seen this happen yet, check the SBEA $10c for next month to see why it is super risky to sell CC on post-da no merger date commons. I almost got destroyed by VIH ccs back in the day for that reason without realizing just how much trouble I would have been in had I sold cc a month later...
No way I would hold SBEA through merger. Looks like vote set for Feb 4th?
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?
SBEA vote set Feb 3, I have some commons could maybe see some action before, no way Im holding through though
Alright, out of IVAN fully. 7.50c took a while to move but didnt take much of a hit which is nice. Rolling into CND, SBEA, SNII, and BRPM which seem to have okay chances of moving at least a little.
CND, BRPM, FPAC, SBEA, and RBAC are all top of my list for various reasons
VPCC, Dave is one I’m watching for an entry. Vote is Tuesday. 1/4 in the U, Currently .99, lowest it’s been since DA in June. Will be interested if it gets slapped post deal close, not buying before close. Also don’t hate TREB 1.15 vote 1/20 SBEA 1.4 looks like it will close in Q1 SPAQ 1.44 hopefully Q1 IVAN 1.75 looks like it will close in Q1
I am a bot. You submitted a picture of a banned ticker, SBEA. This check will fire if you included unnecessary pictures that have bad phrases or a bad crop with news about cryptocoins, for example. Repost with the useless pictures omitted if you did that. Yell at /u/zjz if it's above 1.5 billion-ish market cap and not related to crypto/pennies/OTC.
Woah, SBEA just dropped below nav. Weird day out there.
I have a call option in PLBY. Should probably add one soon since the price has come down a lot from where I bought it. HUGS could be good but I honestly see way better risk reward plays out there. SBEA would be good to add to closer to merger if market conditions are favorable. CND is one I have yet to look into. Any good references to read up on it? RKLB is a good one. Ah yes of course I left out LUCID but that’s just common sense to have exposure to for the future.
I like CND for crypto exposure waiting on tether to blow up Also HUGS and SBEA for food service industry. Will build a position in SBEA (Black Rifle Coffee) closer to merger whenever it is announced. HUGS is Panera Brands (Panera + Einsteins + Caribou Coffee) and they will be buying shares at their IPO. On my watch list: PLBY with their new OnlyFans competitor coming online, DCRN Tritium for EV charging green tech, IVAN for Li+Metal EV battery exposure (currently holding SLDP as well). DKNG if it continues to drop.
Add BRPM and SBEA to list. Both never touched trust since DA
Ok I think I will sell CND the day before ticker change. It's my last pre merger and I have zero pre DA SPACs. I'll pick it up either slightly higher or wait for the drop after ticker change. Considering getting out of RKLB if it cracks 13 again. I love it but it feels like dead money since the market DGAF about successful launches anymore. Maybe hold until the next Neutron update. Post DA tickers I will watch for mergers SBEA IVAN CND DCRN
Shove your 19k into SBEA and sell when it goes public 🤡🤡
Deal! No really it seems like nothing moves until merger right now, DWAC being the exception of course. I am not against IVAN just short on free cash to jump in. I sold off SBEA and HIMS this week but bought a regular stock dip with some of it.
SBEA might keep going up to $11, based on average price paid. Arbs are out.
CFVI chart looks better than BENE or SBEA did. I think it consolidates near $13 and goes up some more. I'm holding my remaining shares i think, unless it shows serious signs of weakness. Bull flag on the daily was broken, but i think most have taken profit at this point. Chart starting to look a little like distribution. Could go either way, but I'm thinking it will maintain above $12 long term.
I will probably come back to SBEA but thought I'd tax loss harvest here and see if there's something short term interesting. I do really dig Black Rifles model and leadership
I’m holding both SBEA and HUGS.
Was thinking of flipping SBEA to HUGS because Panera did well when it was public previously
I'm holding both. I think CND will do ok. SBEA actually might do better, as the average price paid is higher.
I would be looking to add CND here not the other way round. SBEA looks like a decent exit today.
CND still worth holding? Still thinking about consolidating and selling CND and gun coffee. I do like SBEA a lot still but market doesn't seem to.
Yahoo Finance app is funny sometimes. Nice vertical line on SBEA today...up 0.10 for 1% gain. I get too excited sometimes.
the EV bombardment has split the interest. Just stick with proven companies that have sound financials like PACX or SBEA (if you can get it cheap).
Who tf bought so many SBEA Jan calls today my goodness
Very true. I'm looking, that's for sure. SBEA calls were almost as good a deal, but commons haven't moved enough, i might lose money.
Someone just bought 5000 SBEA Jan 10calls
Spacfoliipolio is now SRAD 32% CBAHW 20% DCRN 15.5% GENI 10.5% FTCV + Feb 7.5c 7.5% SBEA 5% CMLTW 4.5% APSGW 2.5% PPGH 2% RCLFW .5% Getting spanked! Willing to hold SRAD CBAH GENI a long time. Really think CMLTW is a short term winner at its current level, May double my stake if I can get in under 1.7 next week, vote is 12/16. Anyone buying SCLEW under 1.2?
I would agree but CFVI is a great supplemental play. Forget BENE, PHUN or SBEA, those were terrible. Truth social is actually partners with Rumble and needs rumble to succeed. Rumble is already a solid platform and doesn't necessarily need Trump to succeed. They were established before Trump running for president was even a reality.
i’m pretty pissed i sold CFVI at a loss. it was quickly becoming a SBEA then did a DWAC
how do my examples make no sense? SBEA and CFVI literally turned float 3 times over on day of DA and are practically trading at NAV now ... that's pretty substantial. yes, your r/R theory is true, sure. But it's really not that scalable.
the 3.3m float was already bought up yesterday. This fallacy of "float being bought up = moon" is proven in many cases such as SBEA, CFVI, and BRPM.
yeah i’m done. letting the money ride on essc but CFVI was a total SBEA
Not at 4pm though...what's your point? This is nothing like DWAC, more like SBEA (which you can STILL buy in the $10s right now)
I see it potentially heading the SBEA direction, right down to $10.00. That's why I'm staying away.
I think it's pulling a SBEA. but I'll buy in low 10s
Shoot, looking like buying more CFVI under 11 was a good idea, wrong lesson learned from SBEA. Market so tricky.