A LIZARD KING TRADING DD THREAD ON $SPAQ

Spartan Energy Acquisition Corp - $SPAQ

Entry - Mid - Low $13s
PT - $20+

52WH - $9.75
52WL - $21.61

Spartan Energy Acquisition Corp. $SPAQ operates as a special purpose acquisition company. Fisker Inc., a pioneer in developing electric vehicles, announced it would become a publicly traded company by merging with Special Purpose Acquisition Company (SPAC) https://www.fiskerinc.com 

Currently SPAQ is valued at about $3.5-4B valuation

Catalyst - On July 30th, SPAQ is releasing more reservations numbers.

A buyer of a new electric car can receive a federal tax credit between $2500 and $7500. The specific amount of your tax credit is determined by the capacity of the battery and the size of the vehicle. This is great for the Fisker Ocean. https://www.caranddriver.com/research/a31267893/electric-vehicle-tax-credit/

The Fisker Ocean is an affordable high end EV. I mean look at this thing. Its fucking sexy.

With monthly payments starting at $379 a month, this makes it comparable to a standard SUV lease, but with the added EV Tax Credit - This is going to incentivize customers to switch to EV.

And with a 30,000 miles per year - Thats a lot of miles. Standard car leases are normally around 10k miles per year - https://www.fiskerinc.com/ocean/ 

@henrikfisker has stated that they had to stop taking deposits because there were so many.

As stated on their roadmap, we are expected to hear more about their cornerstone agreement this month.

Fisker $SPAQ plans to release globally in phased out launches. This is good because it will give the stock a boost every time it is launched in a new country. As well as more sales.

We are also waiting on merger news for $SPAQ . - @henrikfisker tweeted this out about the merger but it was then deleted and he replaced it with an emoji.

Overall, $SPAQ is looking like it is going to be one of the most affordable EVs in the market, with a high quality standard. In my opinion shares at $13 or below are extremely cheap.