6min chapter

Forward Guidance cover image

The Most Misunderstood Asset Class Of All Time | Louis Camhi

Forward Guidance

CHAPTER

How to Short SPACs

Shorting SPACs may seem attractive but it's very very difficult. Redemption rates have been in the 80 percent range. Investors will look at low float names with options with high short interest. You see these moves on completely non fundamental reasons where a spag could go to 20 or 30 bucks And so if you're short that from 10, that's painful and what happens along the way is your borrow gets increasingly expensive.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode