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re: DWAC

Posted on 10/21/21 at 11:20 am to
Posted by Large Farva
New Orleans
Member since Jan 2013
8593 posts
Posted on 10/21/21 at 11:20 am to
Second half of the day
Posted by ChairmanOfThisBoard
Member since Mar 2010
149 posts
Posted on 10/21/21 at 11:21 am to
quote:

just read on Twitter that it cant be shorted and cant buy bearish Puts....



Can you translate for us simpletons
Posted by DaTruth7
Member since Apr 2020
3924 posts
Posted on 10/21/21 at 11:22 am to
And most people don't even know about it yet.
Posted by Pezzo
Member since Aug 2020
2597 posts
Posted on 10/21/21 at 11:25 am to
looks liek it was halted for a minute at 23.15
Posted by DaTruth7
Member since Apr 2020
3924 posts
Posted on 10/21/21 at 11:26 am to
OP you are the man. I'll buy steaks.
This post was edited on 10/21/21 at 11:27 am
Posted by Pezzo
Member since Aug 2020
2597 posts
Posted on 10/21/21 at 11:29 am to
Puts is an option trade where you basically "bet" that the stock price will plummet. if you buy a Put and the stock plummets like you thought then you will make tons of money on the demise of the stock price

a short is when you borrow shares from a broker at say $10 and immediately sell at that current price with the expectation of the stock price falling below $10 then you can buy back those shares at a cheaper cost, say $5, and you return the shares to the broker and collect the profit ($5/Share)


this is a very basic simplistic way of describing it.

just know that no shorting and no Puts = good for investors
This post was edited on 10/21/21 at 11:30 am
Posted by Retrograde
TX
Member since Jul 2014
2912 posts
Posted on 10/21/21 at 11:32 am to
I bought in at 25, probably the top. frick it lets ride
Posted by ChairmanOfThisBoard
Member since Mar 2010
149 posts
Posted on 10/21/21 at 11:32 am to
quote:

this is a very basic simplistic way of describing it.



Posted by Pezzo
Member since Aug 2020
2597 posts
Posted on 10/21/21 at 11:34 am to
i bet it hits $30, if its true that it cant be shorted
Posted by DaTruth7
Member since Apr 2020
3924 posts
Posted on 10/21/21 at 11:35 am to
If everything is true, and Trump pumps this....cue lil Wayne. Sky is the limit
Posted by XxxSpooky1
A place in SE La
Member since Sep 2007
5163 posts
Posted on 10/21/21 at 11:44 am to
Which one are we buying? I want to be in but the different ones are confusing. I think a lot of people are buying the warrants because it’s the cheaper of the 3.
Posted by DaTruth7
Member since Apr 2020
3924 posts
Posted on 10/21/21 at 11:45 am to
I'm in dwac, but just hit buy as soon as I could on OPs ticker suggestion when I saw Trump media. Didn't do my DD like I should have haha
Posted by Black n Gold
Member since Feb 2009
15594 posts
Posted on 10/21/21 at 11:47 am to
I just texted my dad. Expect a huge price surge soon.
Posted by DaTruth7
Member since Apr 2020
3924 posts
Posted on 10/21/21 at 11:47 am to
Price is going to fluctuate like crazy so may be able to get it lower...maybe not. This will be a ride.
Posted by XxxSpooky1
A place in SE La
Member since Sep 2007
5163 posts
Posted on 10/21/21 at 11:47 am to
On which one?
Posted by LSUgrad04
Baton Rouge
Member since Jan 2006
1904 posts
Posted on 10/21/21 at 11:50 am to
The warrants are to buy at 11.50. Seems like a good deal at this point. Not sure when they become exercisable though.
Posted by Large Farva
New Orleans
Member since Jan 2013
8593 posts
Posted on 10/21/21 at 11:51 am to
I wonder if the media will cover DWAC and what it’s done today.
Posted by SmackoverHawg
Member since Oct 2011
29014 posts
Posted on 10/21/21 at 11:54 am to
Got 2000 at $17.80.
Posted by DaTruth7
Member since Apr 2020
3924 posts
Posted on 10/21/21 at 11:55 am to
Well done. You selling any?
Posted by SmackoverHawg
Member since Oct 2011
29014 posts
Posted on 10/21/21 at 11:56 am to
Haven’t decided
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