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re: DWAC shareholders approve merger

Posted on 3/25/24 at 9:37 am to
Posted by Naked Bootleg
Member since Jul 2021
1835 posts
Posted on 3/25/24 at 9:37 am to
I bought $11k pre-market, was up $600 then down $190, then sold while $200 up.. all within 30 minutes

I think day traders are all over this one today or at least this morning
Posted by BayouBaw84
Thibodaux
Member since Oct 2016
1173 posts
Posted on 3/25/24 at 10:11 am to
Looks like it’s up around $5 now.
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 3/25/24 at 10:52 am to
bond reduction along with ticker change tomorrow gives this a nice tail wind!
Posted by Honest Tune
Louisiana
Member since Dec 2011
15660 posts
Posted on 3/26/24 at 8:36 am to
I got one share of DWAC on Robinhood for $44.47 a few weeks ago because of this board. I wake up today and the name has changed and it’s hovering at $65-70…Wild.
This post was edited on 3/26/24 at 8:38 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73870 posts
Posted on 3/26/24 at 8:56 am to
quote:

Big Scrub TX


Posted by TDTOM
Member since Jan 2021
14611 posts
Posted on 3/26/24 at 9:04 am to
fricking Cramer this morning said, "It's up a little on light volume".

It is up 40%:

Volume 17,363,555
Avg. Volume 3,904,008

What a clown.
Posted by Big Scrub TX
Member since Dec 2013
33457 posts
Posted on 3/26/24 at 10:31 am to
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72747 posts
Posted on 3/26/24 at 11:22 am to


i bought shares as well this morning
Posted by LSUSports247
Member since Apr 2007
653 posts
Posted on 3/26/24 at 12:17 pm to
I got a few of the warrants, DJTWW
Posted by Big Scrub TX
Member since Dec 2013
33457 posts
Posted on 3/26/24 at 12:18 pm to
quote:


If you make any position, I wouldn't hold it long and be left holding the bag
Congrats to those who are up. Here are some current fun facts:

It costs about $6 to borrow the stock for 10 days!

It costs about $37 to borrow until the end of the year!

The $10 line puts for Jan 2025 are trading at $3!


I wish everyone luck not being left holding the bag.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73870 posts
Posted on 3/26/24 at 2:22 pm to
my dad has a bunch of the shares hes going wild
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72747 posts
Posted on 3/26/24 at 2:30 pm to
(no message)
This post was edited on 3/26/24 at 3:58 pm
Posted by Big Scrub TX
Member since Dec 2013
33457 posts
Posted on 3/26/24 at 4:13 pm to
Any smart/lucky guys get any at $75?
Posted by Hayekian serf
GA
Member since Dec 2020
2569 posts
Posted on 3/26/24 at 5:14 pm to
quote:

You should probably short it then. Also, take the other side of the trade by going long TDS.


Nothing to do with TDS, it’s a very unattractive stock on paper.
Posted by Diseasefreeforall
Member since Oct 2012
5540 posts
Posted on 3/26/24 at 5:24 pm to
quote:

Nothing to do with TDS, it’s a very unattractive stock on paper.


That's a hell of an understatement.

The company made less than $4 million during the first 9 months of 2023 and is currently trading at a cap of $13 billion. And it's not like Truth Social is showing attractive user growth, if any.
Posted by Hayekian serf
GA
Member since Dec 2020
2569 posts
Posted on 3/26/24 at 6:14 pm to
Total debt 5.78 million
Total cash 3.29 million

Diluted eps -.68. Which I guess technically isn’t that bad considering the sector and age of the company.

Return on assets -2.78
.84% held by insiders
Book value 1.60

Yuck
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72747 posts
Posted on 3/26/24 at 7:07 pm to
made a profit but not what i thought.

see what happens tomm and see if i can day trade it again.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72747 posts
Posted on 3/27/24 at 9:14 am to
up 6.23 so far today

check that 7.13
This post was edited on 3/27/24 at 9:15 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73870 posts
Posted on 3/27/24 at 9:25 am to
quote:

up 6.23 so far today

check that 7.13


Big Scrub is big mad
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21262 posts
Posted on 3/27/24 at 9:33 am to
quote:


Big Scrub is big mad


He let politics get in the way of making money. We have all made that mistake, some of just learn from the last time we screwed up .
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