Long VGAC rumor!

Going long the 23andMe SPAC Merger Rumors with a plan to sell the news. At $13.50/share, this has been a decent entry of almost any SPAC. Regardless of news etc. we plan on selling the majority of our positions BEFORE the ticker changes to avoid being over exposed during the warrant execution period and subsequent dilution. From a technical analysis perspective, $13 is appearing as short term support with $12.25 being major support