SPACs are just companies. Manage them that way. We are adding to a pair of SPACs about to be listed under their new names. We are also redeeming units and selling shares in another with a different set-up.
Sometimes stocks fall for good reason, other times it’s just market overreaction. I am adding to this revolutionary stock today on a correction that won’t last long. Selling puts is also a great idea. Members of Sustainable Growth, Retirement Income Options and RARE.
I encourage people to get over the “SPAC bad” idea and realize that the correlated crash in SPACs already happened. From here out, it’s a sorting of the good from the bad – just like all other companies.
The space and streaming races are both heating up. Winners and losers are being parsed out over the next few years. There will be big losers and some unexpected winners. This company can triple subscription revenue within several years as it goes global. We see 200-300% upside on both of these stocks by 2024, with one potentially becoming a Millennial favorite and going even higher. Become a member today, if you are not already, as I expect this column will pay for your membership for years.