Definition
Special Purpose Acquisition Companies (SPACs), which have been the beauties of the ball for the past six months, now find themselves in the cross-hairs of short sellers who are betting on many of them to stumble. The dollar value of bearish bets against shares of SPACs has more than tripled to about $2.7 billion from $724 million at the start of the year, according to S3 Partners. Some of the most
In Panel Profits
In the Panel Profits market platform, Short Sellers Target SPACs applies standard corporate m&a principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.