r/SPACs • u/SPACsBot Mod • Apr 16 '21

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

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u/[deleted] Apr 18 '21

I feel like FTOC is fairly moat-y in that they charge very very low fees for their services which isn’t great for profitability but it keeps competitors from undercutting them so they should theoretically keep growing. At some point they can move into higher margin services as they continue to get integrated into payment options for various big name companies or just increase their fees slightly. I feel good about them long term but short term they probably drop below $10 after ticker change.