Replies to post #2919 on Better For You Wellness Inc (BFYW)

[Outcast27]

Are you at all worried about any of DMs plays , after Aug 13 , as to being able to Buy / Sell.... the OTC as we know it will forever be different, Right ? Only current will be able to trade.?

[Senylover]

First, thanks to Papalaka for confirming my speculation that NXMH peaked right after "the financials came out," which I assume means right after information was released about the company that had moved into the 'shell.' (This stuff is all new to me.) And now I'm looking at what Chris9220 said about TSNP. I didn't find this stock mentioned on the DeNunzio website as one they had previously been involved with. But I did manage to find a chart, and the fact that it had a name change to Humbl Inc. (HMBL) on Feb 26. There was a sudden big run-up from Feb 1 to Feb 8 resulting in the peak of "almost $2" Chris mentioned. So I tend to guess that this had been a SPAC, and that "the financials" Papalaka mentions came out on Feb 1st.

So from the examples I've seen so far, it looks like most SPACs peak within a few days after people see "the financials" and learn something about what sort of company moved into the shell. Then they usually trend down. Can anyone show me an example of a SPAC that actually continues the trend upward, because this new company looks like a genuinely good investment? I'd really love to see that.