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Originally Posted by ChiliConCarnage
Gonna guess it's SPACs. Right now the market is destroying anything that is/was a SPAC. Pretty much across the board from what I can tell so there might be some good deals in there?
Look at the last week or month for CCIV which some people are in here or that Fubo that MTG mentioned. Pretty much all of them from what Ive seen
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UWMC as well. Fundamentally its a great company with great earnings and is the biggest wholesale mortgage lender in the US, but its still getting hammered by shorts. I'm down quite a bit but keep buying big dips, it's going to make me a lot of money once the market gets over that it started out as a SPAC.
Fubo was a short term play, the day after I mentioned it here it shot up 20% and I got out.