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Re: redwing992006 post# 43416

Saturday, 11/28/2020 1:14:10 PM

Saturday, November 28, 2020 1:14:10 PM

Post# of 161472
The amazing thing about a company of this caliber using spac instead of traditional IPO is that usually when companies do the IPO the big boys get first dibs to run up the value and then the public (if they can afford it) can buy in. With the spac, the big boys won't touch it until it hits a certain value, so the little guys can buy it and get life changing money, then later when the price is higer, the big boys sweep in and buy it up anyway. They company still wins with the share buy back at such a low cost, when big boys buy it up, company gets mega value on their purchase. In this senario, everyone is a winner... It really is a beautiful thing to watch.
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