If you're not familiar, an SPAC is basically a way for companies to go public very quickly and easily without all the typical red tape from the SEC and the stock exchange.
The one Ross is currently eyeing has a few things going for it…
First, it's working to acquire a company that has developed a way to turn the carbon found in biomass into useful materials, all while capturing the carbon in the process.
That's a huge advancement in the environmental space…
Something the Biden administration is all for.
Second, the company's executive chairman just went in for 100,000 shares in his personal account.
That's an investment of over one million dollars.
Just as Ross does, this exec suspects that once the acquisition is complete, those shares will see a huge leap in value…
And that's why Ross sees this as a huge opportunity for us retail traders.
Ross just sent out the full details on this trade alert to his members, which includes an option play that can be had for less than $0.50 per contract…
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