InvestorsHub Logo
Followers 21
Posts 4842
Boards Moderated 0
Alias Born 12/21/2016

Re: Etailer post# 2259

Monday, 06/14/2021 4:22:50 PM

Monday, June 14, 2021 4:22:50 PM

Post# of 2405
I do not like SPACs at all. As I understand them the retail investors get the privilege of guaranteeing the rich guy’s returns on his investment. If they do not deploy the money the rich guys get their original investment back. As a retailer the only thing I see as a possible benefit is maybe the SPAC bringing a good private company into the public realm. Anybody that has a reason that SPACs are anything positive for retail I would love to hear it.

Anything I post is my opinion only and subject to change on a whimsy