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$SPY
@DYTRDR1@omoliverm@LordHbo@aleabitoreddit Did you finish reading my post? You could have gotten ASTS for under three dollars.
If waiting 4 years to go positive is your idea of a good trade, well, I don't know what to say.
All true, however, none of those other fields are as prone to grifters.
Even ambulance chaser lawyers have law degrees and pass the bar.
Many of these furus have terrible winrates, they make half a dozen or more plays a day, and ofc only mention the winners.
Not everyone has a 90% winrate like Raven.
It's not.
You have to do more than look at the company, you have to also understand the middleman.
SPACs are generally trash. They are dilutive, giving a large chunk of shares to sponsors, warrants, etc. Sponsors have a prerogative to get deals passed regardless of the terms, this is how they get paid.
Moreover, practically every SPAC that ended up actually being decent, even VRT, gave you a chance at sub 10$ pay merger (think DKNG might be the exception here).
@jtsla4@blademapai Not really. I recognize it seems very powerful, but at this point you're charging the same as a Bloomberg terminal. So it's hard to reconcile that kind of service.
@LordHbo@aleabitoreddit That's my feeling too. Amzn, Nvda, etc have truck loads of cash to spare, so peppering their bets makes sense.
When NVDA makes large bets, as they have on CRWV, INTC, COHR it deserves attention.
@aleabitoreddit My concern with $CCTI is every single SPAC Churchill Capital has done, with the exception of the most recent INFQ, has performed abysmally.
INFQ isn't actually different, it's still following the exact pattern as the others, it's just earlier.
@AphroditeHighly@RepJasmine He supported the bill months ago, has supported it every step of the way, but don't let reality get in the way of your feelings.