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>But if that has happened, nobody has heard about it. Spacs have entered the chat
by htrp 4y ago
>But if that has happened, nobody has heard about it.
Spacs have entered the chat
- vkou 4y agoSPACs repackage garbage equities into other garbage equities, with a few institutional investors hoping to make a quick buck on their equivalent of the IPO pop. They are also a tiny percent of the overall equities market, and are largely seen as a failed experiment. They don't seem contagious.