This is good! Well, good if you are not in yet, bad if you were in last week. All these SPACs returned to the $11 area!
Can you do a little explanation of the $10 meaning of a SPAC? I have done like no research into SPAC's other than following CCIV for the last month or so.
Got those trigger names in there, all right. Speak "Tesla" and "Amazon" over a dead chicken and it miraculously comes back to life and brings a lithium mine and Bitcoin tree with it.
Good question, I never really bothered to look into why they decided on $10 and not say $20 or $50... Guess Ill do some reading over lunch: https://www.spacresearch.com/faq
Hello, again I was asked to make sure everyone understands my comments are pure opinion. This so I don't offend anyone. To the point of not investing in companies about to go bankrupt. In August 1997 there was a company on the verge of bankruptcy and nobody wanted to touch it. Bill Gates decided to invest 150 million dollars to save a sinking boat. That boat was carrying apples, not the fruit but the computer company. Imagine how many jobs he saved. Sorry I am bored and looking for some conversation.
Thats a good topic for the daily discussion thread here: https://stockaholics.net/threads/daily-discussion-main-discussion-thread.11564 And every comment here is opinion, so there is no need to preempt a comment by saying its opinion.
Not so fast my friend. I told someone yesterday I valued my dad over Mr. Wycoff. My dad roamed Wall Street as one of those fancy 3 letter executives from about 1980 till 2000. Wycoff said ignore earnings my dad said watch. The responder didn't take that well.
Interesting to see the SPAC craze cool off a bit. All the charts on the first post moved down in unison.
Check out how all the SPAC charts on the first post have died! They were all at the highs when this thread started. Also here is a new one
