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I've seen it correctly predicted a few times in investing subreddits.
by sefrost 6y ago
I've seen it correctly predicted a few times in investing subreddits.
- echelon 6y agoThis is what I want to read. I know WSB banned SPACs. Did you see it on /r/investing? SeekingAlpha has a lot of writeups on SPACs, but I don't think they're as savvy as Reddit. Totally a mixed bag.
- aphextron 6y agoIt's pretty hard to predict when a SPAC will merge, that's basically what your risk is: the time value of your money. However if you're buying at NAV, there's almost no downside risk other than that.