Two Stocks to Buy and One Hot ETF to Sell Immediately

It's no secret - I'm wild about special purpose acquisition companies (SPACs) right now, and I've recommended several over the past few weeks, most recently VPCC.

Why am I so into them right now? Well, setting aside for a second the whole issue of "pre-IPO rights," (which have the potential to be extremely lucrative) here's why SPACs excite me: When the right management team meets the right innovators, with the right idea and the financial firepower to make it work, it's like pure market magic - your proverbial license to print money. A good SPAC can get regular investors in at the ground floor before the ground floor is even there.

So, if exposure to one great SPAC is magical, exposure to dozens of them must be even better, right?

Wrong. Incorrect. And that's why I'm sending out this video today. Wall Street loves to package popular ideas and themes and bundle them into exchange-traded products, and SPACs are no different.

While there's nothing wrong with ETFs per se, they're not always the way to go, and quite a few of them should be considered radioactive. I've been hearing a lot of buzz around SPAC ETFs, and I've started to get questions about one in particular.

So I'm going to do what I do every week and fill everyone in on why this extremely popular SPAC-derived fund is a terrible idea. Then I'll name the stocks I think everyone should be buying instead.

About those "pre-IPO rights" I mentioned a second ago - here's the deal. A "perfect storm" of entrepreneurial innovation and fresh capital means there are around 500 companies looking to go public at the moment in the United States. Now, this wasn't always the case, but it's possible for regular "everyman" investors to secure pre-IPO rights in some of these companies, in some cases for $1. In the event these companies do go public, those rights have the potential to skyrocket in value; peak gains of 2,088%, 6,566%, 8.280%, 9,075%, even 27,550% have been shown in exceptional cases I've seen. I can tell you some more about them right here.

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About the Author

Shah Gilani boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When options on the Standard & Poor's 100 began trading on March 11, 1983, Shah worked in "the pit" as a market maker.

The work he did laid the foundation for what would later become the VIX - to this day one of the most widely used indicators worldwide. After leaving Chicago to run the futures and options division of the British banking giant Lloyd's TSB, Shah moved up to Roosevelt & Cross Inc., an old-line New York boutique firm. There he originated and ran a packaged fixed-income trading desk, and established that company's "listed" and OTC trading desks.

Shah founded a second hedge fund in 1999, which he ran until 2003.

Shah's vast network of contacts includes the biggest players on Wall Street and in international finance. These contacts give him the real story - when others only get what the investment banks want them to see.

Today, as editor of Hyperdrive Portfolio, Shah presents his legion of subscribers with massive profit opportunities that result from paradigm shifts in the way we work, play, and live.

Shah is a frequent guest on CNBC, Forbes, and MarketWatch, and you can catch him every week on Fox Business's Varney & Co.

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