Special Purpose Acquisition Co

[Neight]

As the saying goes, “A young horse may want to race, but an old horse knows what’s going on.” The crazy moves here are from people screaming, “Dude! I made a 75% gain in a week!” Then there are the rest of us, like the people who found DEAC back in December and waited until the spring to make huge profits.
There will be a bounce when the merger is announced but the biggest moves happen when the deal is completed. I’m in so many of these now, that I’m just waiting at this point and don’t pay too much attention to the day to day. Just waiting for the completion on these deals.