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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: rogermci® who wrote (2796)9/4/2020 9:00:20 AM
From: Glenn Petersen  Read Replies (1) | Respond to of 3862
 
The old rules have changed. Newly public SPACs are doing deals without much of a search. Assuming that the market doesn't crash, it is going to be a very busy fall.

An investment in PSTH, which is selling at an approximate 10% premium to its liquidation value, might be a smart move. PSTH is sitting on $4 billion in cash and Ackman has said that he is open to doing a deal sooner rather than later. Airbnb is one of the rumored candidates.


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