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Posted on 10/21/21 at 11:21 am to Pezzo
quote:
just read on Twitter that it cant be shorted and cant buy bearish Puts....
Can you translate for us simpletons
Posted on 10/21/21 at 11:22 am to Pezzo
And most people don't even know about it yet.
Posted on 10/21/21 at 11:25 am to DaTruth7
looks liek it was halted for a minute at 23.15
Posted on 10/21/21 at 11:26 am to DaTruth7
OP you are the man. I'll buy steaks.
This post was edited on 10/21/21 at 11:27 am
Posted on 10/21/21 at 11:29 am to ChairmanOfThisBoard
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
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 on 10/21/21 at 11:32 am to Pezzo
I bought in at 25, probably the top. frick it lets ride
Posted on 10/21/21 at 11:32 am to Pezzo
quote:
this is a very basic simplistic way of describing it.

Posted on 10/21/21 at 11:34 am to Retrograde
i bet it hits $30, if its true that it cant be shorted
Posted on 10/21/21 at 11:35 am to Retrograde
If everything is true, and Trump pumps this....cue lil Wayne. Sky is the limit
Posted on 10/21/21 at 11:44 am to DaTruth7
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 on 10/21/21 at 11:45 am to XxxSpooky1
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 on 10/21/21 at 11:47 am to DaTruth7
I just texted my dad. Expect a huge price surge soon. 

Posted on 10/21/21 at 11:47 am to XxxSpooky1
Price is going to fluctuate like crazy so may be able to get it lower...maybe not. This will be a ride.
Posted on 10/21/21 at 11:50 am to LSUregit
The warrants are to buy at 11.50. Seems like a good deal at this point. Not sure when they become exercisable though.
Posted on 10/21/21 at 11:51 am to LSUgrad04
I wonder if the media will cover DWAC and what it’s done today.
Posted on 10/21/21 at 11:55 am to SmackoverHawg
Well done. You selling any?
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