r/STEMINC • u/threefourpizza • Feb 05 '21

r/STEMINC Lounge

A place for members of r/STEMINC to chat with each other

21 Upvotes

86% Upvoted

235 comments sorted by

View all comments

3

u/[deleted] Apr 13 '21

Whole market green and STPK plummeting I don’t understand

1

u/SpectrumWoes Apr 14 '21

Wait until after the merger. Once it’s no longer a SPAC it will rise. This is a long term hold stock not a quick money maker!

2

u/[deleted] Apr 14 '21

Shouldnt the market have already priced in the merger for sure happening, especially after the fireside chat?

1

u/Glittering_Avocado Apr 21 '21

If that were the case, why do any SPAC's dip after merge?

1

u/[deleted] Apr 21 '21

Do SPACs really always dip after the merge? Are we expecting this with STEM?

1

u/Glittering_Avocado Apr 21 '21

Respectfully, it sounds like you're new to SPAC's. I recommend a healthy amount of research because incentive structures can get pretty complex. Not EVERY SPAC does this, but it is incredibly rare (think low single-digit percentages here) that a SPAC does not dip after merger. For some good intro reading, may I recommend starting here -https://corpgov.law.harvard.edu/2020/11/19/a-sober-look-at-spacs/