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basically they became much more accessible to regular people, and thus much more exposed to the pump+dump cycle and hucksters. I'm not saying SPACs are bad, but
by jcomis 6y ago
basically they became much more accessible to regular people, and thus much more exposed to the pump+dump cycle and hucksters. I'm not saying SPACs are bad, but I think that is what is driving the recent craze. The number of wildly speculative and clear astroturf threads on reddit about PSTH or CCIV and others is crazy.