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A comment on A Sober Look at SPACs (2020). Parent comment

Re:A Sober Look at SPACs (2020) by dasm on Friday February 05, 2021 @02:27PM (#26040200)
It seems you are implying that this sort of arrangement is fundamentally unhealthy for a market focused on accurate price discovery, and I think that's trivially true.

Some investing incentives are aligned with accurate price discovery, some are not (warren buffet vs a pump and dump).

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Re:A Sober Look at SPACs (2020) by ashika on Friday February 05, 2021 @03:21PM (#26040714)
and dont get me wrong, i am glad all types exist and meet in the market.

what i am implying above is that i view a management team that makes decisions based on share price as about as delusional as one that drinks its own urine for power ahead of important meetings.

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