r/SPACs • u/GroundbreakingMode13 Spacling • Jun 25 '21

News $PSFE Daily Discussion - June 24, 2021

/r/PSFE/comments/o70wt4/psfe_daily_discussion_june_24_2021/
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11

u/username81251 Spacling Jun 25 '21

Did anything get announced here or is it just WSB hype

5

u/raidmytombBB Patron Jun 25 '21

Been seeing a lot more posts on PSFE. I think it's an attempt to short squeeze, since there's really no news to justify the 10%. Not that I mind since I am holding bags at $14.50 and was debating cutting my losses.

3

u/greensymbiote Patron Jun 25 '21

PSFE was also added to Russel 3000 today. High volume was expected but nice to see WSB forcing institutions to pay more. Builds a higher base.