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OT: Stock trading
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[QUOTE="Da_Aisijimo_Gou, post: 3988111, member: 264"] [USER=4789]@Gutter King[/USER] Unclear all SPACs are dead, perhaps too broad a generalization. Worthy of reasonable scrutiny, analysis, etc before committing, sure. On small bits gambled on a few SPAC warrants and one unit, I'm batting > .500 with some luck. MP, GEVO, and LEV conversions worked out quite well; not so far with a few others (APPHW, RVLW, PIPPU). In most instances, SPAC generally appear to milk 'em as soon as they can sell some SPAC shares. No doubt, I could be dead wrong on my early perceptions. And, I've sold enough shares to ensure breakeven on the luckier gambles. As for ReNew, I gambled on some RMGBW (warrants). Instead of waiting on India's SARS-2 crisis to improve, the ongoing chaos spurred a decision now based on ReNew's existing and planned wind and solar projects, over reliance on coal and old nuclear power, and overall inadequate power supply for current let alone increase power demands. Similar, yet different from decisions early on after mainland China belatedly acknowledged SARS-2's existence, western crisis conditions, and prior post ecommerce, 9/11, and GFC downturn successes. Time will tell This Stanford ReNew case study provides many helpful insights (page 11 onward in particular): [URL unfurl="true"]https://renewpower.in/wp-content/uploads/2021/04/IndiaReport_11_20_20_v06.pdf[/URL] [/QUOTE]
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OT: Stock trading
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