Re:Bitcoin Falls Below $20k for the First Time Since 2020
by rvz on Saturday June 18, 2022 @05:53AM
(#31788553)
> Here's hoping. When stocks tank, one can decide if a company is undervalued and decide whether to buy in.
Even those stocks that underwent the SPAC route that also offer no dividends and are beyond loss making to the point at which they will be delisted?
I don't see how SPACs that aren't making any money like $BZFD or $NKLA are any better than Bitcoin.
Let's hope these shady SPACs don't start repeating the ills of other non-SPACs as the tide turns bearish by losing $1B mysteriously like Wirecard or fabricating your financial reports which Luckin Coffee did.
Even those stocks that underwent the SPAC route that also offer no dividends and are beyond loss making to the point at which they will be delisted?
I don't see how SPACs that aren't making any money like $BZFD or $NKLA are any better than Bitcoin.
Let's hope these shady SPACs don't start repeating the ills of other non-SPACs as the tide turns bearish by losing $1B mysteriously like Wirecard or fabricating your financial reports which Luckin Coffee did.