- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Special Purpose Acquisition Company (SPAC) Discussion
Posted on 2/19/21 at 3:11 pm to LSUregit
Posted on 2/19/21 at 3:11 pm to LSUregit
A few questions on spacs. So far I have been playing the close to nav strategy. Just on a basic robin hood account. But I am interested in buying the units pre split (on fidelity). Basically when you buy a unit you get the common plus half a warrant when it splits right? I am assuming you cant use margin like on commons, so would this be a good play for a roth ira Thanks in advance.
Posted on 2/19/21 at 5:06 pm to Palm Beach Tiger
Yes, NAV strategy can be done in your ROTH. It's a "safer" method for those with low risk tolerance but still want potentially high reward. Some units have whole, 1/2, 1/4, 1/5, etc. warrants attached when split. I believe it is free to split units with Fidelity.
Popular
Back to top
Follow TigerDroppings for LSU Football News