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re: DWAC - Trump backed media SPAC
Posted on 10/24/21 at 10:17 pm to Retrograde
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.
1
Posted on 10/25/21 at 4:19 am to AmericanPsycho99
$100.00 whew
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