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Started By
Message
DWAC shareholders approve merger
Posted on 3/23/24 at 8:22 am
Posted on 3/23/24 at 8:22 am
Could start trading under "DJT" ticker early next week. I think this will have a nice bump upwards once this happens. Also if he post bail on Monday this may rocket. And no I do not think he sells any shares to pay for his legal issues.
What are you thoughts on this?
What are you thoughts on this?
10
Posted on 3/23/24 at 8:37 am to CajunTiger78
Should be intersting stock tk follow
This made DJT 3bil? Thought he was a terrible businessman cause he had a company that went BK
This made DJT 3bil? Thought he was a terrible businessman cause he had a company that went BK
Posted on 3/23/24 at 8:37 am to CajunTiger78
A no revenue company with basically zero users using its product valued at 6B. Seems like a no brainer. Looks like Trump has a six month lockup on his shares until he can start dumping on his "investors".
If you make any position, I wouldn't hold it long and be left holding the bag
If you make any position, I wouldn't hold it long and be left holding the bag
This post was edited on 3/23/24 at 8:38 am
Posted on 3/23/24 at 8:48 am to UltimaParadox
Yes I'm talking initial pop on the news this is changing to DJT. This stock has proven time and again that it moves strongly off of emotion and news. With Trumps popularity getting stronger off of the news of the media and government continually going after him this will only give the stock a tail wind over the coming weeks and months leading to the election. This of course is my humble opinion.
Posted on 3/23/24 at 9:23 am to UltimaParadox
quote:
UltimaParadox
You should probably short it then. Also, take the other side of the trade by going long TDS.
Posted on 3/23/24 at 9:33 am to TDTOM
quote:
You should probably short it then
I don't short irrational trades, infinite downside.
Posted on 3/23/24 at 11:30 am to TDTOM
quote:
Also, take the other side of the trade by going long TDS.
Posted on 3/23/24 at 12:22 pm to CajunTiger78
I’m all in on it: DWAC / DWACW .
Up bigly so far (6 figures)
Long term business plan:
The country is hungry for social media without big brother censorship, non-woke entertainment, real journalism instead of mockingbird media fake news, and non-cancel culture web services.
Think of how even Fox New is controlled opposition and has been been abandoned by patriots in the know. If they can get TMTG News on popular streaming platforms and/or a smart TV app it should take off.
IF Trump stays alive, and TMTG executes on this plan, it could be Yuge!
All they have right now is Truth Social so could take a while to build out the other services, but now with the merger going through they have the capital to start moving on it. TS membership should swell in the meantime during the upcoming election cycle with Trump posting there exclusively.
Hope to see a nice pop early next week though when the TDS shorts are forced to cover with the ticker change to DJT and the news gets out and gathers more attention.
It’s a risk, could all go under, or could be bigger than Amazon, Wal Mart, etc… We’ll see.
If I lose it all, will be fine with it as I see it as a fight / revolution against the evil globalist puppet masters that are currently in control of our government and are trying to bring permanent tyranny to replace our republic and eliminate our rights.
We are in a 5th generation war, and the 1st amendment is at the center of it.
Not Financial Advice
Up bigly so far (6 figures)
Long term business plan:
The country is hungry for social media without big brother censorship, non-woke entertainment, real journalism instead of mockingbird media fake news, and non-cancel culture web services.
Think of how even Fox New is controlled opposition and has been been abandoned by patriots in the know. If they can get TMTG News on popular streaming platforms and/or a smart TV app it should take off.
IF Trump stays alive, and TMTG executes on this plan, it could be Yuge!
All they have right now is Truth Social so could take a while to build out the other services, but now with the merger going through they have the capital to start moving on it. TS membership should swell in the meantime during the upcoming election cycle with Trump posting there exclusively.
Hope to see a nice pop early next week though when the TDS shorts are forced to cover with the ticker change to DJT and the news gets out and gathers more attention.
It’s a risk, could all go under, or could be bigger than Amazon, Wal Mart, etc… We’ll see.
If I lose it all, will be fine with it as I see it as a fight / revolution against the evil globalist puppet masters that are currently in control of our government and are trying to bring permanent tyranny to replace our republic and eliminate our rights.
We are in a 5th generation war, and the 1st amendment is at the center of it.
Not Financial Advice
This post was edited on 3/23/24 at 12:50 pm
Posted on 3/23/24 at 1:03 pm to Kjnstkmn
quote:
or could be bigger than Amazon, Wal Mart, etc
I think you should reevaluate the financials along with the holders after the merger
quote:
I see it as a fight / revolution against the evil globalist puppet masters that are currently in control of our government
Nevermind
Posted on 3/23/24 at 1:09 pm to UltimaParadox
(no message)
This post was edited on 3/23/24 at 1:12 pm
Posted on 3/23/24 at 1:09 pm to UltimaParadox
It’s a start up. So were those other companies in their infancy.
In the short term they will continue to lose money as all big tech startups did. That’s a fact. They could fail altogether.
Over time however, If they can build a successful news network that takes half of the market share from the current MSM, build successful entertainment streaming to compete with Netflix, prime etc…. , build web services to compete with AWS with a promise not to cancel other start ups like AWS did to Parlor, this becoming one of the biggest companies is a real possibility for the future.
In the short term they will continue to lose money as all big tech startups did. That’s a fact. They could fail altogether.
Over time however, If they can build a successful news network that takes half of the market share from the current MSM, build successful entertainment streaming to compete with Netflix, prime etc…. , build web services to compete with AWS with a promise not to cancel other start ups like AWS did to Parlor, this becoming one of the biggest companies is a real possibility for the future.
This post was edited on 3/23/24 at 1:15 pm
Posted on 3/23/24 at 1:12 pm to CajunTiger78
Was FJB taken ??
Posted on 3/23/24 at 1:17 pm to Kjnstkmn
quote:
Over time however, If they can build a successful news network that takes half of the market share from the current MSM, build successful entertainment streaming to compete with Netflix, prime etc…. ,
I love the fact that they are going to do all of those things.
But still haven't done one thing well
Posted on 3/23/24 at 2:03 pm to CajunTiger78
Trump is going to get a waiver that lets him sells the shares he needs to cover the bond during appeal. The value is going to be high for a bit and through the election as Trump gets a lot of attention there, but seems risky as a long term play.
If you're a Trump supporter and want to contribute to his campaign and still get some value, then buy some and gamble on it. Otherwise there are likely better options for you.
If you're a Trump supporter and want to contribute to his campaign and still get some value, then buy some and gamble on it. Otherwise there are likely better options for you.
Posted on 3/23/24 at 2:27 pm to CajunTiger78
quote:I think it will plummet in the short and long term.
I think this will have a nice bump upwards once this happens.
quote:It's going to zero.
What are you thoughts on this?
Posted on 3/23/24 at 3:52 pm to Kjnstkmn
quote:
It’s a risk, could all go under, or could be bigger than Amazon, Wal Mart, etc… We’ll see.
This reminds me of the people who thought unironically thought that gamestop was going to be the next amazon and the next google at the same time.
Posted on 3/24/24 at 8:14 am to Big Scrub TX
quote:
I think it will plummet in the short and long term.
quote:
What are you thoughts on this?
It's going to zero.
I don't think you're post will age well. Imo people who don't typically buy individual stock will jump into this one.
This post was edited on 3/24/24 at 8:15 am
Posted on 3/24/24 at 8:16 am to Teauxler
quote:
Was FJB taken ??
That would be epic lol!
Posted on 3/24/24 at 8:36 am to CajunTiger78
This is a high risk trade idea only. Probably will pop. Certainly going to zero. But when? I’m not taking a stab at it. Best of luck to those of you who do 
Posted on 3/25/24 at 8:52 am to CajunTiger78
up this morning but bouncing around. I'm sure in anticipation of the bond deadline.
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