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Powerful Political Elite Bets BIG on Their SPAC Stock

Steven Place  |  March 9, 2022

Remember DWAC, the “Trump stock?” 

That was a Special Purpose Acquisition Company (SPAC) that Donald Trump used to take his Trump Media and Technology Group public without going through the IPO process.

He’s not the only one who did a SPAC deal to go public faster, though. Plenty more went public in 2021, had huge runs, then petered out, and have been dragging along ever since.

But I bring up the “Trump stock” because I noticed something peculiar:

Someone else tied to politics is getting into the SPAC game…

Someone that Trump is not a fan of.

This person sits on the board of a SPAC stock and just bought 100,000 shares a few days ago.

That’s a pretty big number, even for someone of this caliber in the political elite.

What’s even more interesting:

This is their first-ever buy… despite the company being public for over a year now.

First-time buys like this are STRONG buy signals, especially if the insider waits a long time before making their first buy…

Which is why I sent my Insiders Exposed members a brand new trade alert on this name yesterday morning.

If you want to learn how I discovered that this political figure was buying their own stock:

Check out this presentation about legal insider trading.

Toward the end, I’ll show you how to take advantage of our Insiders Exposed trade alert service so you can jump on this trade ASAP…

And get all our future trade alerts sent straight to your inbox.

So go here ASAP to watch our insider trading presentation
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Author:

Steven Place
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