$PIAI $TACA $MAAC $HIGA $OCA $MOTV $TEKK $HTPA $SPNV Finding a stock that can be potentially be 10x in 5 yrs is amazing, your $X investment will become $10X..very impressive. But what is even more impressive is finding a stock every 6 months that can "just" double.
If you can hunt a stock that can double in 6 months, and then move on to another one, then your return in 5 yrs is $256X (not excluding short term capital gains) from 9 stocks. Is this possible? Absolutely..Tough but definitely possible. $CCIV warrants $CCIVWS is ~10X in a month.
Is $CCIV an anomaly? To some extent yes but there are tons of SPAC warrants that can potentially double in 6 months. Is this approach sustainable? YES, till there is no policy change in the SPAC world.
There are 300+ SPAC searching for a merger and most of them (not all) will probably find a merger within 1.5-2yrs. There will be at least 50-100 SPAC warrants that will most probably double from its bottom price. Catch is early entry into quality SPACS.
In future, there will be more competition (higher demand vs supply) but winners gonna win.
PS: With warrants there is no safety net, so, if merger won't take place then your funds allocated to that particular stock will go to 0. Therefore, diversification is very important.
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