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Side Hustle
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02-27-2021, 10:20 PM
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FSF17
Furlough Fodder
Joined APC: Aug 2013
Position: 320A
Posts: 117
Quote:
Originally Posted by
DeltaboundRedux
For a good primer on SPACs, and why they're probably a very, very bad idea, head on over to Matt Tiabbi's substack and read this.
https://taibbi.substack.com/p/financ...ictionary-spac
Buy SPACs at or near NAV and there’s very little risk. Buy a SPAC at 5x NAV, and it’s probably a bad idea.
Show me a SPAC with a good team for ~$10.50 per unit, and I’m in.
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