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REDDIT
For Investors, When Will the SPAC/Meme Stock Bubble of 2022-24 Fully Pop
↗ https://reddit.com/r/investing/comments/1j9vscf/for_investors_when_will_the_spacmeme_stock_bubble/
I worked in the markets on wallstreet during the SPAC craze in the 2010s and saw almost all of them go down in flames. Yet 2022 there is a new round OKLO, LUNR. RDW, ACHR etc plus the other memes NNE (in particular), quantum stocks, and yes PLTR (it IPOd way early and did nothing for 10 years, C-suite is just now cashing in)
These 0 or near 0 revenue companies with hopes of scale in 2030-2035 when they are still essentially start ups and some are still doing equity series rounds while public, could not survive the first bear market they saw in my time.
So why am i wrong to just short all of them?