Churchill Capital Corp II (CCX)

[doogdilinger]

They're both 2 separate and active tickers, but both owned by the same entity. Weird I know, because 1 can also choose to play the warrants and/or CCX.U or CCXX.U

So needless to say it's impossible for any of us to guess how this all plays out across the Churchill Capital Corp II & III board so to speak.

But the reason I'm personally in CCX is because they're sitting on $1B in cash ok. And it's only a matter of time b4 SPAC plays get hot as Hades in these crazy covid economic times...imho anyways k!

For a tiny example of what I mean, shortly after GNC filed for Chapter 11 a bigger entity made a tender offer to buy them out.

And for months now the Chinese have been planning on swooping in and buying up bargains these crazy covid economic times have created.

So again, I'm only playing a few SPAC plays like this because I personally believe they're going to start making moves soon k glty