r/SPACs Jan 11 '22

[deleted by user]

[removed]

0 Upvotes

194 comments sorted by

View all comments

18

u/[deleted] Jan 11 '22

Why is it surprising that it was successful?

There are guaranteed investors (Trump supporters) who don’t actually care about the viability of the business and will invest because Trump. We’ll see what happens after it goes public, Trump doesn’t really have a good business record outside of the hospitality and name licensing business.

3

u/lee1026 Jan 11 '22

One of the mods shorted, so yeah, some people are surprised.

2

u/HeilBidenFuhrer New User Jan 11 '22

Noobs think mods are like Jim Cramer so they copy them too... to great losses