Replies to post #37009 on Bergamo Acquisition Corp. (BGMO)

[arbpro]

And the market thinks it is a big fat lie.

Actually, the market doesn't "think it is a big fat lie," the market KNOWS it is a big fat lie.

If the market thought it is unlikely Bergamo was telling the truth, but there was an even a low 20% chance of truth, the stock would be trading at around 20 cents. The fact that it trades at 2 cents tells you the market think that there is slightly less than a 1% chance that Bergamo is legit. And the really funny part - less than 1% chance is still way too high for a valuation.