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re: Special Purpose Acquisition Company (SPAC) Discussion
Posted on 7/9/20 at 10:32 pm to BLM
Posted on 7/9/20 at 10:32 pm to BLM
Too many variables on warrants and common lag times. WSB, RH, ST and twitter P/D trying to get into the action now making it way more volatile. Just have to stay ahead of the game and understand how it is evolving weekly.
I hear ya. I'm very tech heavy on my regular accounts. I started a speculative account hoping to make a few extra cash to funnel back to my other accounts. Thanks to VTIQ, I made out like a bandit, and ended up with a SPAC obsession (holding over 40 now ) and made over 400k in approx 10 wks.
quote:
I e had a difficult time keeping any $ in these spacs while the tech companies are cruising up.
I hear ya. I'm very tech heavy on my regular accounts. I started a speculative account hoping to make a few extra cash to funnel back to my other accounts. Thanks to VTIQ, I made out like a bandit, and ended up with a SPAC obsession (holding over 40 now ) and made over 400k in approx 10 wks.
Posted on 7/10/20 at 12:08 am to LSUregit
Wow, that’s outstanding. Great work! Appreciate your feedback on the board.
I’m really enjoying learning. It’s funny to me now to read a post from someone looking for advice on where to put x amount of dollars to get the “best return possible”. I didn’t do that, but definitely had the thought in the back of my mind. But, it’s like anything else in life. You gotta get some skin in the game to learn the lessons...good and bad.
Keep on killing it!
I’m really enjoying learning. It’s funny to me now to read a post from someone looking for advice on where to put x amount of dollars to get the “best return possible”. I didn’t do that, but definitely had the thought in the back of my mind. But, it’s like anything else in life. You gotta get some skin in the game to learn the lessons...good and bad.
Keep on killing it!
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