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AdviceMatterport Going PublicSPAC

Gores Holding / Matterport stock14837

WGAN Basic
Member
Denver
pixelray private msg quote post Address this user
I have taken a blood bath in this stock. I thought this was going to switch over to Matterport stock at the end of April. Has there been any news on when it will switch? SPACs in general have done bad lately. So I'm hoping once this switch is over to Matterport, things will start improving. I think I should keep buying more at these discounted prices though. Thoughts?
Post 1 IP   flag post
WGAN Fan
Club Member
Queensland, Australia
Wingman private msg quote post Address this user
I am expecting $10 per share and less before even considering buying it. I believe their IPO date has not been set yet.

I have explained in the other thread why it is most likely to fall to these levels.

Why it is dropping from other people's point of view you can read at https://www.nasdaq.com/articles/why-gores-holdings-vi-stock-dropped-22.9-in-march-2021-04-05

Not much of a reason just "a pullback on tech stocks was enough to pressure the SPAC's share price."
Post 2 IP   flag post
Regina, Saskatchewan Canada
Queen_City_3D private msg quote post Address this user
According to the YouTube video Dan posted the other day, they say they are anticipating the merger being completed "Late Spring/Early Summer" (Skip forward to 36:10)


Post 3 IP   flag post
Gerhard private msg quote post Address this user
clickable textgreat to watch and learn ...
Post 4 IP   flag post
Gerhard private msg quote post Address this user
https://www.youtube.com/watch?v=KYx_BgT_Ehs
Post 5 IP   flag post
105437 5 5
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