Replies to post #26810 on China Growth Stocks

[Drexion2004]

CFQWF - Let me inject a word of warning here. For the vote to succeed, they need institutional support. There have been so many share issuances, IPO's, SPACs, etc in this space lately that combined with this deep correction could well have a big impact on CFQWF's acquisition likelihood.

There have been a number of China IPO's here in the US lately where the IPO 'cracked'. Just today Goldman&Morgan lowered price AND shares offered in the big CTC (century 21 china) offering for example.

Just saying its important to watch the 'climate' when making all-or-nothing bets on SPAC warrants.

-Fernando

[Jman9000]

CFQWF Perhaps you bought mine. I've been unloading them as they still provide upside, but with more risk than some of the other beaten down stocks at this point.

I sold mine off today (or at least 80% of them) and picked up Nep $5 July calls for $3.20. Should give a nice return when/if Nep gets back to its prior levels. Their business model is pretty safe/insulated and easy to understand and IMO easier to get institutional support vs. some of the other options out there.