|Day Low/High||18.40 / 20.17|
|52 Wk Low/High||10.55 / 27.00|
Let's look at the trading opportunities offered by special purpose acquisition companies -- or SPACs.
'Experts' can talk about how the current SPAC wave is unhealthy or broken, but the system has been broken for a long time.
I'm looking at using these vehicles as potential upside with limited downside when the market could get rocky.
The question we'll need answered is: will taking a stake in an already traded large company offer a premium return? The answer: it depends.