Risk isn't a function of certainty - it's a function of unde...
$Digital World Acquisition Corp(DWAC.US$ Risk isn't a function of certainty - it's a function of underpaying. So if you want to take a new risk today, perhaps consider this SPAC sponsor's other SPACs - $MAQUIA CAP ACQUISITION CORP UNIT 1 CL A & 1/2 WT EXP(MAQCU.US$ , $Yunhong International(ZGYHU.US$, and $BENESSERE CAP ACQUISITION CORP UNITS(1 ORD SHS A & 1 RT & 3/4 RED WT)(BENEU.US$ They each come with an embedded free $10 put, which means that they have little to lose and a lot to gain. In my weekly SPAC Focus series, I describe these types of IPOs as having:
equity-like upside and treasury-like downside.
Today, DWAC proves the former, but if you also want the latter, then start with the pre-deal SPACs to protect your capital. For more action, you can buy their warrants -- $MAQUIA CAPITAL ACQUISITION CORP C/WTS (TO PUR COM)(MAQCW.US$, $Yunhong International C/Wts 31/01/2027 (To Pur Com)(ZGYHW.US$, and $BENESSERE CAP ACQUISITION CORP C/WTS (TO PUR COM)(BENEW.US$.
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DollarDog : I did not need to know the price to sell, I just needed to remember how he ran the country and realize he would run his company the same way.
https://www.youtube.com/watch?v=8IwHZD8Qnv8
Adam J DollarDog: Lets see. There were no border problems. People weren't hanging from the wheel of aircraft taking off from Kabul. Inflation wasn't at 5.6%. We were energy independent. People were motivated to work. Take off your leftist blinders.
waltcessna : Count me out. Won't touch it.
Not enough wealth on the planet.
Nothing to do with Democrats or Republicans, but everything to do with decency and democracy.
DollarDog Adam J: I was thinking more related to the national debt, the virus response, and being forced to give government contracts to trump campaign contributions. An overall general disfunction of the government.
DollarDog Adam J: When you were thinking of Kabul, you must have forgot about how when we left Syria Trump told the Turks it was okay if he killed our kurdish allies, which prompted them to bomb the people who helped us fight isis, killing thousands of them.
Ema HamiltonOP waltcessna: Fair enough. Boaz Weinstein had the same reaction.
iris of the lambs : Great quote,
"Risk isn't a function of certainty - it's a function of underpaying."
Thanks.
RachXchange iris of the lambs: Shouldn’t it be “overpaying”?