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re: So CFVI wont go below $10?
Posted on 12/27/21 at 9:49 am to GeneralLee
Posted on 12/27/21 at 9:49 am to GeneralLee
Thank you General. You think it has much upside being associated with dwac?
Posted on 12/27/21 at 9:56 am to LChama
I think if you were going to see a massive run, you would have already seen it earlier. Likely that the ~$15 mark it reached a few weeks ago was the high for some time. Post merger, it will likely go down to $5-7 like most SPAC's. But, if it dipped close to $10 in the near term, not a bad play to hope you could flip it for a quick 5-10% prior to merger. But do not hold this post merger as you'll lose lots of money, or at a minimum if you're a long term believer in Rumble, you can buy more shares at a cheaper price per share post merger.
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