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> you could get in at the ground floor for incredible and almost immediate share price growth Hence why you can't predict it. If you could, everyone else could
by Voloskaya 6y ago
> you could get in at the ground floor for incredible and almost immediate share price growth
Hence why you can't predict it. If you could, everyone else could, and there would be no appreciation of the shares when the news is released.
Only way to know in advance is good old insider information.
- echelon 6y agoIt's a new trend. I didn't have "insider information" to make $300k on Gamestop. The evidence was in the open. Right now I'm thinking that you might be able to connect the dots between SPAC owners / founders, their investment prospectus, and similar business they've dealt with. I wonder if anyone's already done this research and found correlations.
- IshKebab 6y ago> I didn't have "insider information" to make $300k on Gamestop. The evidence was in the open. It really doesn't work like that. You didn't use public knowledge to make money on Gamestop; you used luck.
- Voloskaya 6y ago> I didn't have "insider information" to make $300k on Gamestop. The evidence was in the open. What evidence? You followed a trend, and the more people followed that trend, the higher the price, the more it was talked about in wider circles, the more people got in it etc. It's just a legal version of a ponzi scheme. This has nothing to do with predicting a hard fact such as which two entities will merge in the future.
- gamblor956 6y agoJust like how everyone assumed that Virgin Acquisition was going to buy Virgin Orbital (both owned by Branson)...but instead will acquire 23andme instead? As it turns out, you really can't connect the dots between SPAC owners and the company the SPAC will acquire.