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4min chapter
Short Selling in the Age of Fraud | Carson Block
Forward Guidance
How to Close a SPAC Position in 2022
We ended up closing the position out one day when we saw a bunch of out of the money call buying and we're like oh shit like that's how these things get squeezed. We close it out much higher than we should have I mean we made money on the on the thing but by the end of the year, most of these SPACs were in the toilet. The root cause of all the fraud is the same as the root cause of the capricious actions by the government in this case so there you have it!
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