"Hedge fund seeing the chasm"...speaking of SPACs.
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Posted On: 08/25/2022 10:58:06 AM
"Hedge fund seeing the chasm"...speaking of SPACs...and how they reward everyone instead of the retail investor.
Today most SPACs are deeply discounted from their opening price. Getting into the weeds these percentages might shed some light on this fact..
68% have lost 30% of their value or more
53% have lost 50% of their value or more
30% have lost 70% of their value or more
7% have lost 90% of their value or more...and could face delisting.
There are very few David Welches on this planet.
Today most SPACs are deeply discounted from their opening price. Getting into the weeds these percentages might shed some light on this fact..
68% have lost 30% of their value or more
53% have lost 50% of their value or more
30% have lost 70% of their value or more
7% have lost 90% of their value or more...and could face delisting.
There are very few David Welches on this planet.
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