If you were lucky enough to keep your SPAC (Special Purpose Acquisition Corp) monitor intact through the last 6 months, it’s possible you are surfing another wave of buying in these investment vehicles meant to bring privately operating companies, some established and some in the development stage, public through acquisition. This has become a popular mode of listing, especially if funds available to these companies are tight and they want to get to an exchange quickly. Equally as popular is investor interest is these SPACs and associated warrants.

Centrus (LEU) was pitched to us by premium member Dave Demchak, who liked the stock after it retraced by about 50% from mid-August 2020 highs, to around $10 per share. LEU’s most recent high of $54.75 on October 14, 2021 translates to a 440% return from his initial mention of the company’s potential.