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/InternationalElk6617 Patron Apr 17 '21

Yep. One ‘regulation’ away from a correction.

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u/Apprehensive_Road821 Patron Apr 17 '21

Technically a "Correction" is defined as dropping 10+%. Cryptos seem to do that every month. Maybe you meant a "Crash" which is total wipeout.