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Technology Stocks : Blank Check IPOs (SPACS)
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To: Glenn Petersen who wrote (2021)4/15/2009 2:54:02 PM
From: Jurgis Bekepuris  Read Replies (1) of 3862
 
Glenn,

I just wandered onto your thread and wanted to ask: did you make money on SPACS and do you have some methodology how you invest in them? It is clear that having flat (zero) returns was great when market was imploding, but such returns are not attractive long term - one may as well hold cash. So is there more to it? I guess one approach would be buying SPAC at discount to cash. How often is this available though and with what kind of expected returns?

Thanks
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