s33b
2021-03-11

Institutions buy $Roblox Corporation(RBLX)$at $45 but retail investors can only buy after IPO around $70 and yet they say SPACs are a bubble. This is why the rich will always be rich. SPACs can potentially change this transfer of wealth to retail investors if you manage your risk well. 

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Comments

  • Neuschwanste
    2021-03-12
    Neuschwanste
    Agree. I put more than 60% of my money on dozens of SPACs <12 price, and never buy new stocks those just finish IPO soon. Even SPACs in bubbles are more friendly to retail investors than IPO stocks.
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