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re: DWAC - Trump backed media SPAC

Posted on 1/17/22 at 8:58 am to
Posted by ChairmanOfThisBoard
Member since Mar 2010
143 posts
Posted on 1/17/22 at 8:58 am to
I purchased 250 shares of DWACW back when it was $9. Now that they are trading for nearly $25, I'm debating on whether or not to cash out with my $4k earnings or ride it out until I can exercise the warrants. If the common shares stay around $70, I stand to gain $12k.
Posted by Retrograde
TX
Member since Jul 2014
2906 posts
Posted on 1/17/22 at 11:59 am to
I bought in at 25 and sold on the run up at 121, starting trading again when it leveled around 50.

At this point if you could just play with house money if you think there will be some bruises coming. The app launches mid February and I’m sure something bad will happen, so I’m sitting out in about a month.

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