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


To: Glenn Petersen who wrote (3580)8/8/2021 10:31:33 AM
From: Lou Weed  Read Replies (1) | Respond to of 3862
 
Quick question Glenn. For SPACs that merge and start trading with the new symbol with a price around or below $10, what is the typical performance over the first week or so? I've got my eye on a couple but the question is - why buy now if the market isn't valuing the SPAC above $10?



To: Glenn Petersen who wrote (3580)8/11/2021 11:39:45 AM
From: Glenn Petersen1 Recommendation

Recommended By
sixty2nds

  Read Replies (1) | Respond to of 3862
 
GRNV is trading at $8.44 this morning, down $.29 from yesterday's close. Its liquidation value approximates $10.21. Last Thursday the stock closed at $10.20. The shareholder meeting was scheduled for 11:00 a.m. EST today.