I’ve researched and invested in a few ETFs and individual stocks and am now looking to diversify with some small investments in speculative stocks.
SPACs have piqued my interest due to potentially high gains but I understand that there is pretty high risk too, especially with so many SPACs on the market.
I would like to know how many people here do or don’t speculate on SPACs, their reasons for doing so and how they go about making their picks. Is it a matter of researching a number and hoping that one will make it to acquisition?
At what stage do you buy SPACs and when do you dispose of them if they do, or don’t merge? What sort of returns have you seen on successful mergers?
Any discussion or views on the subject appreciated.