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re: DWAC
Posted on 10/22/21 at 11:55 am to Black n Gold
Posted on 10/22/21 at 11:55 am to Black n Gold
It would be a mistake for Trump to mention this at all. He absolutely could send it through the roof but you have to figure between politicians and Feds hating him and the tech giants not wanting competition, this will be under a strict microscope as they look for any reason to find SEC violations or laws broken to make it crash and burn. He needs to be quiet, let his supporters do the work for him.
Posted on 10/22/21 at 12:05 pm to deltaland
About to be discussed on CNBC
Posted on 10/22/21 at 12:06 pm to mach316
Think this thing takes off again after hours over weekend?
Posted on 10/22/21 at 12:06 pm to mach316
Haven't really listened to the coverage, I'm gonna tune in.
Posted on 10/22/21 at 12:07 pm to deltaland
we're about to see another leg up. get ready
Posted on 10/22/21 at 12:07 pm to 1234567k
quote:
Sweet. Now put half of that into SLI
I already own SLI at 3.45 a share
Posted on 10/22/21 at 12:11 pm to slackster
So are you saying that after a year, I can say hey I want my warrant converted to class A stock. And my $7.38 purchase becomes whatever the stock price is at that time?
Posted on 10/22/21 at 12:12 pm to PlaylikeJeter
In with of average of $112. Let’s gooooo
Posted on 10/22/21 at 12:12 pm to PlaylikeJeter
Standard Lithium?
I have some of that. Not much. It has a good long term trend if I bank profit off of this DWAC I may roll some more into it
I have some of that. Not much. It has a good long term trend if I bank profit off of this DWAC I may roll some more into it
Posted on 10/22/21 at 12:17 pm to mach316
quote:
About to be discussed on CNBC
Has that happened yet?
Posted on 10/22/21 at 12:22 pm to AUHighPlainsDrifter
Not yet. They mentioned it at the first of power lunch. Should be coming up
Posted on 10/22/21 at 12:26 pm to AUHighPlainsDrifter
coming on after this commercial break..
Posted on 10/22/21 at 12:27 pm to XxxSpooky1
quote:
So are you saying that after a year, I can say hey I want my warrant converted to class A stock. And my $7.38 purchase becomes whatever the stock price is at that time?
No, the warrant gives you the right to purchase the stock for a determined price (strike price). The strike price for DWAC warrants is $11.50.
So you paid $7.38 for the right to purchase 1 share of DWAC at $11.50 in one year. If the share price at that time is over $18.88, you profit. If it's less than $18.88 you lose money. Of course the price of the warrants will fluctuate during that time period as well, so you can sell, hold or buy warrants over the course of that year.
Posted on 10/22/21 at 12:31 pm to JDPndahizzy
quote:
coming on after this commercial break..
These prick teases need to hurry the F up. We wait'n!
What we really need is for Charles Payne to mention this on Making Money today.
This post was edited on 10/22/21 at 12:33 pm
Posted on 10/22/21 at 12:38 pm to Lightning
quote:
No, the warrant gives you the right to purchase the stock for a determined price (strike price). The strike price for DWAC warrants is $11.50.
So you paid $7.38 for the right to purchase 1 share of DWAC at $11.50 in one year. If the share price at that time is over $18.88, you profit. If it's less than $18.88 you lose money. Of course the price of the warrants will fluctuate during that time period as well, so you can sell, hold or buy warrants over the course of that year.
This. The warrants at $40 are way in the money ($51.50 breakeven), but the time component of them being locked up until next September, at least, will weigh on them.
Posted on 10/22/21 at 12:38 pm to AUHighPlainsDrifter
Looks like it really starting to settle in a tick north of $100. Late surge puts this at $110 by the bell.
Posted on 10/22/21 at 12:44 pm to Black n Gold
Anyone still buying at these prices? Thinking about jumping in and gambling
Posted on 10/22/21 at 12:50 pm to Civildawg
I bought higher than the current price
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