News dropped yesterday that OnlyFans has been meeting with prospective SPACs in an effort to go public. While there may be concerns about how much more growth OF can achieve, they are a legitimate company that has already seen succes. And according to @anon59732070, a connoisseur, they offer more than just porn. Giving a platform to firearms instruction, self defense, etc.
Still, would investors shy away, due to the issues OF had with the banking sector recently?
More to cum on this I’m sure, but there was discussion on TF this morning, wanted to put it on the forums so it’s not lost.
Yes indeed! There is more to Onlyfans than well oiled chads doing unimpressive sex to their uninterested significant other.
It’s also popular for topics such as work outs, training, collectors, cooking, recipes, bartending, art, gaming, etc.
It’s become the staple of easily monetizing all types of content. Just providing this information as many people seem to not be aware it’s not just tiddies and big fat dicks.
DigitalTrophyWife is a charitable OnlyFans which directly benefits mentally handicapped adults with primary deficits in technical analysis and price targets.
Twitch and Reddit have some relation to OnlyFans in terms of their social media platform and business, and Reddit with having pornographic content.
The DD also goes into super conspiracy theory ideas regarding cryptic tweets from Justin Kan on the same day as the news came out that OnlyFans has been in talks with SPACs.
I follow Justin Kan and he occasionally uses his platform to talk about what he has learned as an entrepreneur. Those tweets are just him sharing his experience. Yeah, this goes deep conspiracy theory. It appears the warrants have run up as well possibly by these posts so if you want to play this, commons would be safer with the nav floor. Of course if they actually do go with VYGG, these warrants would be high reward, but this spac also has a deadline in Sept so warrants would go to 0 if they do not find a target or they bleed down until the deadline with no news.
If the options are cheap, I’ll take a position in this tomorrow as another lotto/run up on “rumor” news and see if it plays out. I have VYGG June at .10, see if I can’t get into these hopefully just about as cheap, this is interesting
UTAA has seen some action in today’s After-hours trading session with some retards buying some shares at $12.50 on a spac without a DA, LOI, or even a credible rumor. It looks like this sudden interest in the spac is due to speculation that UTAA may be the spac that is chosen to take Onlyfans public.
I can’t do warrants on Robinhood in my swing account, so I decided to pick up 500 commons of UTAA, now holding VYGG options + UTAA commons. I can’t say if I’ll continue holding them for quite a while, the opportunity cost is significantly higher than VYGG options, but I’ll hold onto them for now, or unless I need the capital to trade with in this account.