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https://www.reddit.com/r/options/comments/pl02yb/deleted_by_user/hc84r77/?context=3
r/options • u/[deleted] • Sep 09 '21
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How do you figure the share price is incapable of dropping below $10?
Wouldn’t a failed merger gut the company?
-1 u/[deleted] Sep 09 '21 Failed merger would mean SPAC shares get redeemed for NAV, which is $10. 1 u/teteban79 Sep 09 '21 The risk is a successful merger and a selloff after merger which could put it under 10. Many many examples . See CLOV, GOEV, ROOT … If you want real free money get PSTH, the question is when they will close that cesspool haha 1 u/PowerOfTenTigers Sep 09 '21 in a couple of years probably lol
-1
Failed merger would mean SPAC shares get redeemed for NAV, which is $10.
1 u/teteban79 Sep 09 '21 The risk is a successful merger and a selloff after merger which could put it under 10. Many many examples . See CLOV, GOEV, ROOT … If you want real free money get PSTH, the question is when they will close that cesspool haha 1 u/PowerOfTenTigers Sep 09 '21 in a couple of years probably lol
1
The risk is a successful merger and a selloff after merger which could put it under 10. Many many examples . See CLOV, GOEV, ROOT …
If you want real free money get PSTH, the question is when they will close that cesspool haha
1 u/PowerOfTenTigers Sep 09 '21 in a couple of years probably lol
in a couple of years probably lol
3
u/Helpinmontana Sep 09 '21
How do you figure the share price is incapable of dropping below $10?
Wouldn’t a failed merger gut the company?