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re: Special Purpose Acquisition Company (SPAC) Discussion

Posted on 1/27/21 at 7:42 pm to
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/27/21 at 7:42 pm to
Is the strategy of just trading the warrants and dumping them before merger still working? Or has everybody kind of figured this out and it’s not really working anymore?
Posted by LSUregit
Member since Dec 2013
1622 posts
Posted on 1/30/21 at 10:40 pm to
quote:

Is the strategy of just trading the warrants and dumping them before merger still working? Or has everybody kind of figured this out and it’s not really working anymore?


Yes; however, a lot of spac folks are playing gme,bb,amc at the moment. Have to wait till that settles and a lot of that will flow back. I'm hoping/expecting GIK to announce merger date soon and then run into it.
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