3 ms·
Doing the same. Partially what also interests me is that the "quant data" is just emerging. Meaning you have a fully new set of key indicators, of facts to loo
by woodpanel 5y ago
Doing the same.
Partially what also interests me is that the "quant data" is just emerging. Meaning you have a fully new set of key indicators, of facts to look out for when making sense about a possbile investment.
OTOH I agree that SPACs are equally useful for fraudsters: Exiting a failing business no professional investor wants to purchase. E.g.
[Trigger warning!]
the conservative coffee brand "Black Rifle Coffee" is IPOing via a SPAC. I would be really surprised if their grandiose revenue projections materialized without their Trump-base which they have annihilated recently.
[Trigger Ending]
But that's just one example out of many such SPAC companies, which will slash portfolios of retail investors. And in doing so tainting those SPACs with actual value and prospects.