[NB: An evergreen post originally from June 2020. The recent SPAC mania makes it more relevant than ever.]

From the 29th Scroll, 6th Verse:

“Beware the reverse merger, for it is the devil’s pawn. Alone among listed stocks it exists as shells, or SPACs, or zombie firms. Yea, it will jump on any trend to excite and possess the masses’ cash. Let them not list in great numbers, for they will make a mockery of exchanges and regulators. Shun them. Drive them back into their bucket shops lairs, for they are the harbingers of massive losses.”