This. Hopefully this post inspires some folks to step away from these casino like SPACs when there are plenty of companies out there that are undervalued with strong fundamentals that provide significant margin of safety for your hard earned money. Here's a few I picked up on sale at various times last year:

SKYW up 140%

REGI up 260%

STLA up 135%

SOI up 61%

PUMP up 263%

EGY up 97%

SND up 288%

It doesn't take a rocket scientist for the individual investor to find these companies that have positive free cash flow and alot of cash on hand(Margin of Safety) in distressed industries that trade at unnecessarily low valuations.

I cannot stress Margin of Safety enough.

"It is a tenet of my investment style that, on the subject of common stock investment, maximizing the upside means first and foremost minimizing the downside. The deleterious effect of permanent capital loss on portfolio returns cannot be overstated."

Dr. Michael J. Burry

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