Blackwing Lair Raider
- 102d 14h 15m
I can tell you the issue with some of these is, they’re so new your money is just gonna sit there for a long while.
My strategy is to find near NAV SPACs (ie around $10-12) which are getting a lot of hype. Now maybe these are, I haven’t read about them, but in my experience this is the way to keep safely flipping your money. Having it sit there for a year at $10-$10.50 isn’t fun.
That's a good point. I meant to ask about life cycle. How do you know when a SPAC is near NAV?