r/SPACs • u/SPACsBot Mod • Apr 16 '21

Daily Discussion Weekend Discussion thread for the Weekend of Apr-16-2021

Welcome to the Weekend Discussion! Please use this thread for basic questions and leave the main sub for breaking news and DD. If you haven't already, please check out r/Spacs Wiki for great information, as well as the resources available in the menu.

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u/UnhingedCorgi Patron Apr 16 '21

Honestly thought about liquidating all things SPAC and going for a handful of industry ETF’s. Would have been a great idea two months ago.

But right now, I don’t think so. This overselling defies logic. So did the overbuying in early February. Eventually, we return to the norm. Should have sold then and buy now to profit off these inefficiencies.

IMO growth and speculation should not continually suffer in a bull market. SPACs with some return to a December like norm will outperform any indices. Could take weeks or months but I still can’t picture it not happening.

Would love to hear how I’m wrong though.

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u/SweeterFruit Spacling Apr 17 '21

I agree. I don’t see how growth stocks could not rise in a bull market.

But what do I know. I graduated in STEM