It has never been easier to lose money in the stock market...
Between special purpose acquisition companies ("SPACs"), meme stocks, cryptocurrencies, and now artificial intelligence ("AI"), investors seem to be chasing one bubble after the next.
And each one ends the same way... and it's not with the air slowly seeping out.
Yet, it's happening again.
And it'll happen again...
And again...
SPACs are passé, but IPOs are back...
And with any kind of IPO resurgence, this means a bunch of companies that should never go public, will – this year, look no further than VinFast Auto (VFS) or Sacks Parente Golf (SPGC) since each went public…