The SPAC Ship Is Sinking. Investors Want Their Money Back.

I agree most SPACs are pure trash. Just like most Dot Com IPO’s in the late 90’s.

A few of them will survive and turn out to be solid businesses (AMZN YHOO EBAY etc), but the majority will be gone within a few short years.

If I had to pick a few possible winners they would be-
SOFI
DKNG
HLLY
LCID
MTTR

And complete lottery ticket zero or hero bets would be- DNA, STEM, FUBO, IONQ
 
More and more people ask to be scammed. They all dream of becoming millionaire overnight with a $100 "investment". Returns of 1000% are modest today...

We have:
  • crypto's
  • spacs
  • nft's
So you can choose where to lose your money.
 
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