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DWAC - Trump backed media SPAC

Posted on 10/24/21 at 6:19 pm
Posted by Retrograde
TX
Member since Jul 2014
2900 posts
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
Posted by Wallace Ritchie
Des Moines, Iowa
Member since Oct 2021
492 posts
Posted on 10/24/21 at 6:37 pm to
I’m in. Got some a limit order at $40. Hoping for volatility. Time to punish some shorts.
Posted by bass
Member since Oct 2016
3913 posts
Posted on 10/24/21 at 6:53 pm to
Yeah I’m selling at $180 after the opening, then buying for $80 10 minutes later.
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 10/24/21 at 7:10 pm to
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 by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 10/25/21 at 7:22 am to
The premiums on these options are going to be insane.
Posted by burger bearcat
Member since Oct 2020
8960 posts
Posted on 10/26/21 at 9:07 pm to
Got in way too high on this at $120,. Should I just go ahead and cut my losses. I am not out that much money, but don't see this thing doing anything.
Posted by ItzMe1972
Member since Dec 2013
9905 posts
Posted on 1/6/22 at 3:27 pm to
What's the differance between DWAC AND DWACW?

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(Bloomberg) -- The blank-check company set to bring Donald Trump’s media company public rallied along with other stocks tied to the former president after news his social media app is close to making its debut.

The Truth Social network app, a piece of Trump’s plans for a media and tech empire, is expected to be available starting Feb. 21, according to a posting in Apple’s App Store. Shares of Digital World Acquisition Corp., the company set to merge with Trump Media & Technology Group, spiked 20% after the posting circulated in chatrooms and social media.

CF Acquisition Corp. VI, a blank-check firm set to bring Rumble Inc. public, also rose. Rumble and Trump Media have inked a tech and cloud services agreement for Rumble to deliver video and streaming for Truth Social. Shares of the SPAC rallied as much as 4.1%, extending a four-day winning streak.
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