Replies to post #43728 on Trump Media and Tech Group (NO Politics Allowed) (DJT)

[janice shell]

I think for many ordinary investors, SPACs seem to be overly complicated. And though ideally, a suitor company will be identified, and the merger will take place in a year or a little more, that hasn't worked out for many SPACs. And during the time nothing's happening, the price can drop dramatically.

The reason they were created wasn't a bad one. Fewer and fewer companies have been going public in the U.S. in recent years. It's a legitimate concern. But it seems SPACs aren't the answer to the problem.

[Mojocash]

Get robbed? The price went up over 400% in 3 months this year. Many of us made bank here playing the merger hype. The savvy investor made out with massive profits.