Quote:
Originally Posted by Razor Ramon HG
No one with half a brain should be buying a SPAC that has run up to $50 with no confirmed LOI/DOA.
I expect it to drop after confirmation and trade flat.
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I agree, I wouldn't buy it now. Expect it to pull back to maybe $40-45 and I would load up at $40 in a heartbeat tbh. It won't go lower than that unless merger falls through. I bought at $15 so I'm just enjoying the ride right now. High risk high reward.