SPAC King remains chairman but his eagerness to sell below $15 does not set a good example for those holding smaller stakes. Time to exit?
"If the wealth tax passes, go out and buy yourself some gold because people are going to rush to find ways of hiding their wealth."
As advisors are pushed to tailor solutions for individual client needs and time becomes an increasingly precious commodity, tough choices are needed.
Faked headlines and press releases are no way to steer a multi-billion-dollar stock through already unsettled market conditions. Step up, SEC!