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For those that missed this @MorganStanley taking an 18.8% stake is a big deal. Remember @andrewparadise will be the controlling stake holder & be subject to a 24 month lockup which means the tradable float will be minuscule $FEAC $SKLZ https://amp.reddit.com/r/SPACs/comments/ka24sa/morgan_stanley_reports_a_188_passive_stake_in/
Factor in all the existing @skillz shareholders subject to the same 24 month lockup as well as the institutions involved with $FEAC and post merger this could resemble a short squeeze. All about supply and demand of which there won’t be much supply of shares @skillz
$FEAC $SKLZ
$FEAC $SKLZ
Yesterday was a gift. I sold the day b4 above $20, reloaded below $18 yesterday and I’m now long 10,000 shares of $FEAC
Good luck everyone!
@skillz $SKLZ
Good luck everyone!
@skillz $SKLZ
Think about this. 
If @MorganStanley has an 18.8% stake of $FEAC , that means it has $300M of skin in the game as of today’s close. Factor in the other institutions, @NFL stake and other big names, you realize the opportunity. That 24 month lock is also key!
@skillz $SKLZ
If @MorganStanley has an 18.8% stake of $FEAC , that means it has $300M of skin in the game as of today’s close. Factor in the other institutions, @NFL stake and other big names, you realize the opportunity. That 24 month lock is also key!
@skillz $SKLZ
With that lock up, shares will become even harder to get your hands on once $FEAC becomes $SKLZ , especially considering @andrewparadise will own 50+% of the merged entity
Won’t be like other #SPACs where private stakeholders cash out. @skillz
Won’t be like other #SPACs where private stakeholders cash out. @skillz
