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There were a few companies that I was waiting for to go public that ended up going the SPAC route around the time I didn't have extra capital to deploy at the t
by Fordec 5y ago
There were a few companies that I was waiting for to go public that ended up going the SPAC route around the time I didn't have extra capital to deploy at the time they went public. Now, I'm just glad I didn't. While I still intend to invest once the knife that is their valuations stops falling and starts to rebound on fundamentals, for now they still have a bit more to lose in their valuation to be in line with the rest of the market on your standard metrics eg. P/E.
I'm just not gutsy enough to short the stocks until then.
One thing I am now on the look out for is for short-term short squeezes before initial lockup periods expire.