CNBC talking SPAC, IMHO, has brought us to the point where folks have now discovered our big secret. I'm seeing very illogical moves on a lot of SPACs today. I swear it looks like in/out just enough to make a few double-digit percent wins.
Well the IPO maker never died. I'd say being more discerning is the key. I have two reasons to buy. (One) because the deal looks good and will have long term public appeal and two trying to find the pre deal warrants that will be good for a trade when the deal is announced. There will be more dogs because there are just to many out there now.
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