A SPAC’s cash value typically puts a floor on prices, while rampant speculation could push prices 2x… 4x… 6x higher. Longtime Moonshot readers will know that pre-merger SPACs are great one-sided bets… as long as you’re buying in at $10. Shares of BRPM jumped to $15 on the news before retreating back to $11. On Tuesday, FaZe announced plans to go public with B Riley Principal Merger (NASDAQ: BRPM) as its SPAC. Now it’s time for older generations to get in on the fun. The firm has more social media engagement than the next eight esports organizations combined, and its $50 million 2021 revenue is expected to grow $651 million by 2025.

This Gen-Z-focused esports company is little-known outside its core demographic of young gamers.īut don’t be fooled - the love for FaZe Clan runs deep. If you’ve never heard of FaZe Clan, I don’t blame you. FaZe Clan / B Riley Principal Merger (BRPM)

That’s why any fast-rising Moonshots need a catalyst - a jumpstart to kick a stock into high gear. For stocks to double within thirty-one days or fewer, something amazing needs to happen.

But in the world of stocks, that’s a blip in a company’s lifetime. If you’re impatient like me (or were born a fruit fly), a month can feel like a lifetime. Source: Catalyst Labs / 5 Cheap Stocks Set to 2x in November

Yeung_ã_s pc