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Bullboard - Stock Discussion Forum Subversive Capital Acquisition Corp - Class A (Restricted Voting) SBVCF

Subversive Capital Acquisition Corp is a special purpose acquisition corporation.

OTCQX:SBVCF - Post Discussion

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Post by Benedictus on Jan 14, 2021 1:50am

Experiences with despac day?

As Subversive approaches despac day does anyone have any experience with this? The only despac transaction I experienced was with CLVR and it sold off right away into a pretty nasty 45% correction from the highs. Curious what others have seen with these types of transactions in general.
Comment by goldguy007 on Jan 14, 2021 6:37am
Thanks for the analysis, Benedictus.   I don't have enough knowledge to add to your post.   However, I think the cannabis sector stands to do well over the next 12 months (at least).   The probabilities are better for rescheduling cannabis, on the federal level, with the Democrat administration.   I have a decent stake in shares.   I may add to my ...more  
Comment by Benedictus on Jan 15, 2021 12:54am
Thanks goldguy, yes the possibility of big federal regulatory changes is an exciting development. I like the game plan of Subversive a lot  Having said that this is a spac and as I said they are oftentimes quite the rollercoaster ride  I took a modest position several days ago in the warrants and common prior to fully reviewing the financials. And having a clearer picture now I may ...more  
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