1-18-2022: Are SPACs a Racket?

InvestTalk

English - January 19, 2022 01:03 - 45 minutes - 41.4 MB - ★★★★ - 719 ratings
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Previous Episode: 1-14-2022: Estimates Project that Profits for S&P 500 Companies Rose 22% in the Fourth Quarter

Next Episode: 1-19-2022: Homebuilder Confidence Has Dropped for the First Time in Four Months

Special-purpose acquisition companies, or SPACs, are publicly traded stocks that raise capital from seed investors, promising to invest those proceeds into a privately held company.

Today's Stocks & Topics: MTTR - Matterport Inc., ATVI - Activision Blizzard Inc., INMD - InMode Ltd., YETI - YETI Holdings Inc., 401k, Cryptocurrencies, QS – Quantum Scape Corp. Cl A, NET - Cloudflare Inc. Cl A, O - Realty Income Corp., COIN - Coinbase Global Inc., SCCO - Southern Copper Corp.

TRIVIA QUESTION: "Can you list 4 or 5 of the biggest TAX MYTHS that, if believed, can confuse things for taxpayers?"

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