OTCQX:SBVCF - Post by User
Comment by
Benedictuson Jan 15, 2021 12:54am
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Post# 32303939
RE:RE:Experiences with despac day?
RE:RE:Experiences with despac day? 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 adjust my position lower pre despac and wait to see how post despac trading evolves and how management executes. The chart action on Thursday was very bearish and I am wondering if that portends a trend continuation. As they say once bitten twice shy and my recent despac experience has me playing on the shy side. Definitely agree with your strategy to keep some powder dry to add to your position.
Cheers!