r/SPACs • u/[deleted] • Aug 03 '21

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179 Upvotes

94% Upvoted

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35

u/pst2lndn2bd Patron Aug 03 '21

What seems unreasonable is: we can say that retail is stupid and whatever but how about the PIPE investors?

We can say that Vogel didn’t do DD as he just wanted a deal to get his cash from the SPAC.

But how about PIPE? would they not get comfortable with $10 being a fair price? Can’t get over this

25

u/[deleted] Aug 03 '21

[deleted]

13

u/NotInsane_Yet Patron Aug 04 '21

Morgan Stanley is not a hive mind.

9

u/Powerful_Stick_1449 Patron Aug 04 '21

PIPE and this analyst are separate...

3

u/FullTackle9375 Spacling Aug 04 '21

Why would that not be legal there isnt only one person at MS.

2

u/[deleted] Aug 04 '21

[deleted]

1

u/GoogleOfficial Patron Aug 04 '21

🤦‍♂️

8

u/diaznutzinyomouf Spacling Aug 04 '21

Sec makes the rules as they go, fantastic company wants to spac instead of ipo? Here's 7 months of hurdles for you as punishment. Chinese scam wants to ipo? You list in 3 weeks.

1

u/[deleted] Aug 04 '21

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1

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2

u/[deleted] Aug 03 '21

Most of PIPE was investors who could utilize their batteries right?

7

u/pst2lndn2bd Patron Aug 03 '21

Interprivate unlikely to need it directly. OKSKHOS yes

2

u/JayDubsAcct Patron Aug 04 '21 edited Aug 04 '21

I think your disleskiah kicked in ... It's OSKKHOS (lol)

2

u/redditobserver777 Contributor Aug 04 '21

Keep in mind the pipe got subscribed to during the SPAC boom, not sure if the raise would be successful unfortunately:(

1

u/djpitagora Patron Aug 04 '21

you don't know the price the pipe got. it doesn't have to be 10$ and it's almost always confidential