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re: DWAC

Posted on 10/21/21 at 6:01 pm to
Posted by SmackoverHawg
Member since Oct 2011
29148 posts
Posted on 10/21/21 at 6:01 pm to
quote:

I think people are underestimating the Trump cult.



And the desire for uncensored social media, real news, and non-progressive entertainment.
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9297 posts
Posted on 10/21/21 at 6:03 pm to
Up 45% AH!
Posted by RidiculousHype
St. George, LA
Member since Sep 2007
10532 posts
Posted on 10/21/21 at 6:14 pm to
Twitter is worth $52 billion. If Trump Media gets to even one-tenth of that valuation, this implies a share price of $148
Posted by MichaelScott
Scranton
Member since Aug 2011
95 posts
Posted on 10/21/21 at 6:24 pm to
quote:

It’s just sad that y’all are giving your money to a literal dictator so he can fund another terrorist attack like January 6th


All down votes. How do they not know you’re trolling? Haha.
Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 10/21/21 at 6:25 pm to
The $10 floor on SPAC’s made this a very low risk trade when it was just above $10 this morning. Ugh I should have heard about this one and gone all in with my non SLI funds. Would’ve made over a million bucks. Sucks to have missed it but will keep it in mind next time a SPAC goes viral and you have a chance to buy in at $10.
Posted by bass
Member since Oct 2016
4451 posts
Posted on 10/21/21 at 6:32 pm to
There are millions of people that haven’t heard of this yet and will surely be investing, money will be pouring in over the next week.
This post was edited on 10/21/21 at 6:43 pm
Posted by offshoretrash
Farmerville, La
Member since Aug 2008
10541 posts
Posted on 10/21/21 at 6:34 pm to
I got in at $27.89 my best run.
Posted by deltaland
Member since Mar 2011
97195 posts
Posted on 10/21/21 at 6:43 pm to
Just put in an order for 500 bucks. Let’s see where it goes. Wish I caught it this morning but have been busy today and haven’t kept up with anything
Posted by deltaland
Member since Mar 2011
97195 posts
Posted on 10/21/21 at 6:45 pm to
Lot of people fed up with Twitter and FB censorship. If Trump makes it a good platform and people use it, could be big. Or it could be a short term pump and dump.

I don’t mind riding 500 bucks on it to take a shot
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 10/21/21 at 7:02 pm to
Up 44% AH jumping another $20 a share! There is no reason to believe this thing doesn't hit $100 tomorrow at some point.
Posted by Large Farva
New Orleans
Member since Jan 2013
8595 posts
Posted on 10/21/21 at 8:29 pm to
Can I post stuff from Reddit in here? It explains dwac, dwacw, dwacu.
Posted by SmackoverHawg
Member since Oct 2011
29148 posts
Posted on 10/21/21 at 8:54 pm to
quote:

Would’ve made over a million bucks. S

Damn son! Snuck up on me. I wanted more but didn't have time to move money. I just found out last PM.
Posted by Large Farva
New Orleans
Member since Jan 2013
8595 posts
Posted on 10/21/21 at 9:06 pm to

^ from Reddit. If it needs to be deleted then I’ll delete. But I think this will help clear up some confusion between the three.
Posted by OldSouth
Folsom, LA
Member since Oct 2011
10977 posts
Posted on 10/21/21 at 9:13 pm to
So what happens when you sell DWACW?
Posted by bass
Member since Oct 2016
4451 posts
Posted on 10/21/21 at 9:19 pm to
Nothing, I bought DWACW this morning around $4 and sold after hours around $24
This post was edited on 10/21/21 at 9:20 pm
Posted by Large Farva
New Orleans
Member since Jan 2013
8595 posts
Posted on 10/21/21 at 9:21 pm to
Did it ever get to $24?
Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 10/21/21 at 9:22 pm to
So pissed that I didn’t see this this morning as it was a riskless trade at $10 (that’s the floor price on a SPAC pre merger). But guys you are seriously likely to lose 50%+ of your investment within days if you buy in at these levels. People who have no idea about SPAC’s should not be trading warrants. I’m pro Trump and hate big tech, but guys you can easily lose most of your investment if you are thinking of buying this now.
Posted by JDPndahizzy
JDP
Member since Nov 2013
6841 posts
Posted on 10/21/21 at 9:27 pm to
Do you think the stock has more room to go up at these levels?
Posted by slackster
Houston
Member since Mar 2009
90110 posts
Posted on 10/21/21 at 9:32 pm to
quote:

And the desire for uncensored social media, real news, and non-progressive entertainment.


Apparently Trump himself undervalued it by about $.25 on the $1.00.
Posted by KCRoyalBlue
Member since Nov 2020
1543 posts
Posted on 10/21/21 at 9:33 pm to
Well, I bought 6 shares @ $69.50 ea AH. Immediately feeling buyer's remorse.

Might not be much money to some people, but it is to me. Really hope it goes up a bit to get a safe exit.

SLI feels like a warm blanket. DWAC doesn't seem as comfortable.
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