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      07-06-2020, 05:09 AM   #2163
Rmtt
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Drives: 2011 BMW 128i, 2008 LS3 C6
Join Date: Jan 2019
Location: South Carolina

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I have been looking into a different sector lately. I have made a few buys and sells to test the waters....actually did pretty good.

Any of you guys investing in SPACS - Special Purpose Acquisition Corporations.

https://www.barrons.com/articles/spa...ls-51594029600

There is a lot of it going on right now. Instead of a PO or DO and all the paperwork associated with the required registration statement with the SEC, a company can instead merge with another company that's already public.

You guys can look into it if you want. It's a bit more capitol up front if buying common shares. My friend is into them heavily...but using warrants (public and founder).

I don't care for Options even though I have bought and sold a few in the past. You really need to know what you are doing if getting involved in these. I just haven't put the effort in yet to see how to spot a good setup...Strike Price, Intrinsic Value, Extrinsic Value, etc.
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Last edited by Rmtt; 07-06-2020 at 07:40 AM..
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