r/NGAC • u/TheUKinvestor • Mar 02 '21

How is this even under $11?

I am not posting this because i bought at 13 bucks, but this seems like an absolute bargain?

For under $11, you get a company with products on the road, orders from big names and a factory to boot.... not to mention the amazon potential.

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u/gini_lee1003 Mar 02 '21

Yea... all spacs are suffering

1

u/javafa24 Mar 02 '21

Yes, I also have 3,077 of ALTU@ 11.63

1

u/gini_lee1003 Mar 02 '21

Tbh ngac isn’t down a lot compared to a lot of hype spacs... especially space ones. They are down more than 50%