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DWAC - Trump backed media SPAC
Posted on 10/24/21 at 6:19 pm
Posted on 10/24/21 at 6:19 pm
Since one thread is anchored and the other one was made by a retard, let’s try again.
Option chains open Monday, shite is going to get nuts in a good way, bad way, or most likely both. I counted 7 halts on Friday, I’m betting 5 halts for tomorrow. Between a Trump pump and short attacks, this may be the most volatile stock of all time.
In 40 at 25, sold half at 120. Buying any dips, selling any rips. Let’s ride
Option chains open Monday, shite is going to get nuts in a good way, bad way, or most likely both. I counted 7 halts on Friday, I’m betting 5 halts for tomorrow. Between a Trump pump and short attacks, this may be the most volatile stock of all time.
In 40 at 25, sold half at 120. Buying any dips, selling any rips. Let’s ride
Posted on 10/24/21 at 6:37 pm to Retrograde
I’m in. Got some a limit order at $40. Hoping for volatility. Time to punish some shorts.
Posted on 10/24/21 at 6:53 pm to Retrograde
Yeah I’m selling at $180 after the opening, then buying for $80 10 minutes later.
Posted on 10/24/21 at 7:03 pm to bass
quote:
Yeah I’m selling at $180 after the opening, then buying for $80 10 minutes later.
This would normally be a sarcastic or idiot comment, but it’s more likely happening then staying flat.
The craziest wins in crazy world.
Posted on 10/24/21 at 7:10 pm to Retrograde
I’d be shocked if there was any notable short position in this thing. In the mid term these valuations are ridiculous since it’s basically a Trump slideshow at this point, but in the short term anything can happen.
Posted on 10/24/21 at 7:16 pm to slackster
quote:
I’d be shocked if there was any notable short position in this thing. In the mid term these valuations are ridiculous since it’s basically a Trump slideshow at this point, but in the short term anything can happen.
I don’t know. There’s millions of Trump loyalists who will buy it just because his name is on it, but I’m sure there’s 100s or 1000s of liberal hedge fund managers that want to short it just because it’s trump. This will be a political battleground stock and crazy shite is going to happen.
Posted on 10/24/21 at 7:18 pm to slackster
quote:
I’d be shocked if there was any notable short position in this thing. In the mid term these valuations are ridiculous since it’s basically a Trump slideshow at this point, but in the short term anything can happen.
Interactive Brokers short interest
Have you seen the borrowing fees? 33%. Absolutely insane - although someone has clearly taken out short positions as available shares to short have reduced from around 2.4 million to 350,000.
This post was edited on 10/24/21 at 7:20 pm
Posted on 10/24/21 at 9:05 pm to AmericanPsycho99
quote:
although someone has clearly taken out short positions as available shares to short have reduced from around 2.4 million to 350,000.
Time to HODL!!!!!!
Posted on 10/24/21 at 10:17 pm to Retrograde
quote:
I don’t know. There’s millions of Trump loyalists who will buy it just because his name is on it, but I’m sure there’s 100s or 1000s of liberal hedge fund managers that want to short it just because it’s trump. This will be a political battleground stock and crazy shite is going to happen.
How many people do you know who work in Finance? Most financial workers are fairly conservative economically and I'm pretty sure very few fund managers would call themselves liberal. Before Trump, most would have identified as Republican.
And most hedgefund managers don't involve their personal politics in their investments. The reality is DWAC is overhyped and they won't deliver - I would short it but the fees are too high for it to be worth it.
Posted on 10/25/21 at 4:36 am to bass
Volume is no where near what we saw last Friday. Can options be traded PM?
Posted on 10/25/21 at 4:38 am to Pezzo
Damn someone mentioned MARK as a sympathy play. +280% PM
Posted on 10/25/21 at 6:19 am to Hogwallop
Yeah im gonna have to catch a mean arse dip on MARK lol probably missed that one
Posted on 10/25/21 at 6:27 am to Stagliano
I got caught holding the bag on Crtd, might end up making a nice profit.
Posted on 10/25/21 at 7:22 am to Retrograde
The premiums on these options are going to be insane.
Posted on 10/25/21 at 7:24 am to gatorsimz
I got out PM at $106.
I don’t trust what MM can and will do with options live today.
Feels like theyll feast on retail
I don’t trust what MM can and will do with options live today.
Feels like theyll feast on retail
Posted on 10/25/21 at 7:24 am to gatorsimz
Wondering if I should say trad dwac today
Posted on 10/25/21 at 7:26 am to xxTIMMYxx
Got a feeling it’s going to run it again today and drop back off similar to Friday
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