SPAC stocks continue to rise in popularity. These special purpose acquisition companies make it easier for a private company to go public than the traditional initial public offering (IPO) process.
In this video, I review three pre-merger blank check companies in their searching phase with solid management teams. I discuss my plan for investing in each of these SPACs.
These are my 3 SPAC picks for March 2021.
1) Kensington Capital Acquisition Corp. II (KCAC, KCAC.U, KCAC WS)
2) Soaring Eagle Acquisition Corp. (SRNG, SRNGU, SRNGW)
3) Social Leverage Acquisition Corp I (SLAC, SLAC.U, SLAC WS)
NOTE: This video was first published on YouTube on March 7, 2021.
DISCLAIMER: I'm not a financial advisor. These are my opinions and provided "as-is". It is not an offer to buy or sell securities. Read the Terms and Conditions.
What do you think of these SPAC picks? What other SPACs are you watching? Leave me a comment below. Thank you for stopping by.
I/we have positions in KCACU, SRNGU, SLACU
Except for Wolves of Investing, I/we are not receiving any compensation from and do not have any business dealings with any companies whose stocks are discussed in this article.
Sign up for my Patreon to get SPAC Trade alerts from my Fidelity All-SPAC portfolio.
SPAC high redemptions are creating short squeeze pump and dumps. Many de-SPAC business combinations are creating a SPAC short squeeze situation due to the low float from the high redemptions. In this video, I explain what is happening to create these SPAC short...
Cash secured puts are one of the most basic options strategies. In this Cash secured puts explained for beginners video, I walk through how to trade Cash secured puts on TD Ameritrade. I also go over the results of my BBBY Cash secured put trades on TD Ameritrade.Want...
Have you been considering investing in Bitcoin and other cryptocurrencies? Watch my video first. Bitcoin (BTC) appears to be forming a bullish cup-with-handle pattern. If Bitcoin breaks out of this pattern, there's a reasonable chance that we will see Bitcoin $100,000...
Have you been considering investing in Lion Electric stock and other electric vehicle stocks? Watch my video first. Lion Electric (LEV) recently released its Q2 2021 earnings. In this video, I go over some key points from the earnings report, share some catalysts that...
Have you been considering investing in Joby stock and other eVTOL stocks? Watch my video first. Joby Aviation (JOBY) recently went public via a SPAC merger. It completed its business combination with Reid Hoffman's Reinvent Technology Partners (RTP) SPAC. On Friday,...
Have you been considering investing in PSTH stock and other SPAC stocks? Watch my video first. Bill Ackman's Pershing Square Tontine Holdings (PSTH) is getting sued by a shareholder. In this video, I go over the PSTH lawsuit and share my opinions on what I think is...
Donnie Nguyen is the founder and CEO of Wolves of Investing. He started investing in the stock market in the early 2000s. He follows the teachings of Peter Lynch, Warren Buffett, and other investing legends. When he's not investing or blogging, he loves spending time with his family traveling and experiencing the world.
Follow Donnie on Facebook and Twitter!