By Karim Rahemtulla Special purpose acquisition companies (SPACs) are all the rage right now.
However, you must be careful which ones you invest in. Some are fly-by-night companies that were created to enrich the managers of the fund. Others are legitimate ventures, where the goal is for the manager to prosper with you.
A good example of the latter is DraftKings (Nasdaq: DKNG), a position that War Room members are in right now and making money with. DraftKings – as we have written about in these very pages – has a lock on the iGaming market, with the goal of letting you bet on almost …read more
