SPAC’s remind me if the dot.com bubble a few years back. It became a craze, becoming more and more popular, folks piling in and buying, and eventually less quality companies taking advantage of people’s hysteria and offering “opportunities”. Massive fortunes made overnight. I am not saying we are there now, but the robinhood crowd are starting to almost blindly jump on any SPAC that moves (I exaggerate a little), so in my opinion, we have a while to take advantage of this amazing time, but it will become crowded and overplayed. So be ready to jump when that happens.
Just my 2 cents, and will “make hay while the sun shines”!!
Happy hunting for the next SPAC, and thanks for the tips!!
