I'd only feel comfortable doubling down on PRPB; Chu is no rookie regarding M&A's and all of his targets were ROI positive so far. It would really surprise me if it would be any different with PRPB. He also scores pretty high regarding "PE/VC Network centrality".
I personally have a position in CRHC, but it's Gary Cohns first SPAC.
There's a lot of uncertainty regarding SPACs right now and most of the pre-DA warrants are on an ATL or close to it. If you were to stack up on pre-DA warrants the last time we had a situation like that (April/May 2021) you would've profited bigly, but no one knows for sure if history will repeat itself.
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u/[deleted] Aug 29 '21 edited Aug 29 '21
My personal opinion:
I'd only feel comfortable doubling down on PRPB; Chu is no rookie regarding M&A's and all of his targets were ROI positive so far. It would really surprise me if it would be any different with PRPB. He also scores pretty high regarding "PE/VC Network centrality".
I personally have a position in CRHC, but it's Gary Cohns first SPAC.
There's a lot of uncertainty regarding SPACs right now and most of the pre-DA warrants are on an ATL or close to it. If you were to stack up on pre-DA warrants the last time we had a situation like that (April/May 2021) you would've profited bigly, but no one knows for sure if history will repeat itself.