The SEC, Mad Money followers, old big brokerage houses are not fans of SPACs, despise them, so it seems. Pile on the $2T of spec that went to crypto casinos and the market for mergers just toppled. BUT, there is hope if you chose a real winner. growth and value stock like $FRX $BODYso I do not see this as "speculative". It's gonna take time....and that time is winding down, getting closer in the next 2 months to a nice pop
Company has executives from Disney, and Shaquille O'Neil backing... so they know about streaming and making content. Have a good fitness video brand behind then (beachbody - p90x)... they plant to go after growing online fitness trend of Pelotons dominance. I think they can get a piece of the pie... not sure this will immediately make anyone rich, it could bump up a bit,... otherwise Meet Kevin would have put $1million into it. He also dropped 100k into numerous other stocks so for perspective thats like an average person dropping $100 into $FRX or $100 into $RDFN etc... Kevin is a multimillionaire with several million in margin credit with his broker. He trades on a different size of money than most retail investors do.
When a company has a compelling value proposition, you cant keep it's stock down for long. You can get carried away and sell off your positions only to realize you made a mistake. $CCIV $FRX. SPACs are incredible and should continue to be the dominant instrument going forward.
https://www.youtube.com/watch?v=70usB_5tCE0
>$11.50 = Gift
Thoughts?
The next $CCIV?