dudebob
Been looking at Tom Lee’s pre-deal SPAC, $FCRS ...Does he eventually find something that fits alongside the BMNR / ORBS / ETH ecosystem, or does FCRS go in a completely different direction?
The warrant side is interesting when you look at some past SPAC outcomes:
CCXIW ~$0.60 → ~$5.50 (+800%+)
RGTIW ~$0.09 → ~$5.75 (+6,000%+)
HQWWW / DMYYW ~$0.94 pre-deal → ~$8.30 (+780%+)
INFQ.WS / CCCXW ~$0.50 → ~$6.30 (+1,100%+)
Those are standout outcomes, not what I’d expect from every SPAC. Warrants can just as easily lose most or all of their value.
Anyone following FCRS or FCRS/WS (warrants)? Purely from a risk/reward standpoint, would you rather have the commons or take the added risk with warrants?
Thoughts from the $BMNR $ORBS $ETH.X $SDEV communities 🤔💭?
Thanks!
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