DWAC

Sir_Dolphin

Very interesting idea. I like it. However I don't think DWAC to DJT is an accurate analogy. That one went crazy because of Trump's name, the election year hype, retail piling in on WSB...Didn't really have much to do with Truth Social itself. And of course AGBA doesn't have any of that working in its favor. What I would actually compare this to is Threads. That was an astroturfed social media platform that came out last year which no one uses. However when it was announced $META pumped like crazy as Zuckerberg aggressively marketed it as "THE TWITTER KILLER" to everyone. Of course the impetus for that was they were mad at Elon. And now they're mad at TikTok. Maybe they'll aggressively promote Triller in a similar fashion. What do you think?

Top_Huckleberry_8225

We did talk about it and profited from the pump and dump. Buying afterhours on thursday as DWAC and selling on tuesday as DJT more than doubled your money.

BHOmber

As it should. This is Nikola with a political grift and zero fiduciary duty attached to it. I've seen idiots throw their kids 529 on this shit. My own mother tried to get my dad to cash $50-100k of retirement money to buy DWAC when it was $80+. This shit is fucking dumb.

kk7766

Everyone buying it now expects that so the opposite most likely happens. Most SPACs crash a couple days before the merger when the redemption happens and then crash 50% or more on merger day. Not every SPAC is $DWAC or $LCID. Obviously you have zero experience with them.

MaryAnnGrysbeck

Making money with Trump stock and cheap call options 101. The real smart way to do it. Very presidential returns. Some people did very well with Trump stock.Can we learn anything from them ? Of course. Obviously,this one retail investor did well.He had a plan,lots of shared research and executed well.He sold without getting too greedy.Profits in excess of 2,000% to 3,500%. These calls could be 500 Baggers. Turn $1,000 into $500,000. Here are my positions: March 28th $50, $60, $70, $80 and $85 calls at 30 to 85 cents each. March 19,2024 Stock was $36.42 per share. https://www.reddit.com/r/wallstreetbets/comments/1bikpfj/these_calls_could_be_500_baggers_turn_1000_into/ And how high did his call options go to? Hit $7.00 each. March 27,2024 Stock had high of $71.93 that day. https://www.reddit.com/r/wallstreetbets/comments/1bikpfj/comment/kwnovny/ Final update I will be posting. I had 320 calls in total. I sold 200 during the crazy IV or Implied Volatility spike on Wednesday,March 27,2024. I  kept 120 calls left and sold some mostly in the morning, some throughout the day.  I have 25 calls left I'm gonna hold till the end. If you bought at the low and sold at the current peak, you would have made 2,000% on Wednesday and 3,500% today. Overall my DD was correct. March 27,2024 Stock had high of $71.93 that day. https://www.reddit.com/r/wallstreetbets/comments/1bikpfj/comment/kwotz3e/ And again here. $100k gain in a day $DWAC Positions $12.50 and $17.50 calls of March 15,2024 options. January 22,2024 Stock had high of $50.20 that day. https://www.reddit.com/r/wallstreetbets/comments/19d18db/100k_gain_in_a_day_dwac/ Obviously,longer term call options did well for this investor. How would you play this over the next 6 months or before November 2024. Which options ?Stock only? This stock loves to run. First major run was $16.90 to $58.72 from January 12 to 23,2024. Lasted 12 days. Second run was $31.92 to $56.28 from January 25 to  February 15,2024. Lasted 22 days. Third run was $36.83 to $49.92 from February 29 to March 5,2024. Lasted 6 days. Fourth run was $32.10 to $79.38 from March 19 to 26,2024. Lasted 8 days. Next run. $22.55 to what ? From April 16,2024 to when ? Sixth run ? Seventh ? Eighth ? Ninth run ? This stock will have more lives in 2024 than the 9 lives of a cat. Trump is the ultimate survivor. Very true. Invest accordingly in longer term call options. Or short term holds of the stock. This stock already has 4 major runs in 2024.Obviously,from all this recent activity,this stock is nowhere finished for 2024.Not when you do a little DD or Due Diligence research. How low can Trump stock go  in 2024 without being a public relations disaster ? Realistically. Trump stock likely won’t drop below $17.50 per share for the rest of 2024 as that remains the earn-out benchmark price. Though Trump already will earn out his new 36 million bonus shares by April 25,2024 or this week. Consider the $17.50 share price as “the unspoken approximate floor price” in 2024 if you are buying put options or shorting the stock. Pure foolishness to think Trump stock will drop below that $15 to $17.50 price level for the rest of 2024.Completely serious here. Even during any 10% to 12% stock market correction during April to May 2024 in the 3 to 4 major stock indexes. Despite the nonstop short attacks by 3 to 4 world famous,publicly known short sellers.You know who they are. It is public knowledge. This stock is not finished it’s bullishness until the election or early November 2024. Plan and invest accordingly. I wouldn’t be surprised to see at least 3 more major,75% to 200% plus runs before November 2024. Trump stock and options are nowhere near finished.Not with an additional 36 million more shares for Trump.Not with an election coming up. Don’t be deluded by bears and various fears,uncertainties and distractions or FUD that this stock is already finished in April 2024. That is logically fallacious. The track record over the last 4 months shows plenty of bullish or upward evidence.Just look at it. Nowhere near done.Trump stock will use all of its nine lives in 2024.Not promising anything left in 2025 though. If you can’t beat them in 2024,join the bulls in 2024 for the upcoming short runs upwards.Whether with longer term options or short holds of the stock. What are your ideas regards.

AI_go_boomboom

I'd be shocked if this doesn't blow up like DWAC / DJT by 7/12

QuentinP69

When it was DWAC I bought 1/17/25 puts that are way up. Should’ve bought more longer dated. Now they’re too expensive

TheModeratorWrangler

DWAC puts now that Citadel has publically declared war against the ticker https://preview.redd.it/fe0t4bhicyvc1.jpeg?width=1125&format=pjpg&auto=webp&s=ef04de78874a34e11358b93e04d87be023cf4617

MikeMiller8888

Don’t underestimate how batshit crazy DJT *investors* are. This gives you a good idea: r/DWAC_Stock

WasteProgram2217

Smart people (hi) bought puts a long time ago on DWAC for 2025. So whatever stupid shit happens in between is irrelevant. People watching that ticker every day are the dumbest of the dumb.

Tsukune_Surprise

I’ve got 5/17 puts I bought the day it switched from DWAC to DJT.

QuentinP69

Bought DWAC (DJT) puts far enough back that my 4/26 25p is still up a bit and 1/17/25 7.50p is up 50%. My 5/03 15p is fucked though. Unless….

TheModeratorWrangler

Yeah but all of you idiots who never learned how GME worked is that they were naked short more than the float. This is the opposite- the float is about to get a huge injection on Monday when the 20 day criteria is met for $DWAC share lockup. That’s why this pumped, ironically there are MORE than enough shares for exit liquidity and right now do not think Wall Street will NOT want revenge for Trump shutting off their money printer. This is the biggest, YUGEST fake out. I’d say we are about to see the first short explosion, not squeeze, and the data is supporting it. https://preview.redd.it/ru0fz4c6gbvc1.jpeg?width=1125&format=pjpg&auto=webp&s=de31bec25ee63faff4e1ee35a4c08239e5ad3442

0neMoreYear

I was gonna sell them out to all in on more DWAC 60c’s and instead i’m here with a worthless contract a day til expiration 

atheistfool

DWAC ran to $100 when it was a SPAC that was going to merge with a Company that at that point was a Power Point Presentation. It's Tulips, It's the South China Sea Company., look at Rivian's chart, look at RDDT. These things are called Mania Curves. People are riding them like Surfers.

ADynes

I bought DWAC during the first pump and dump @ 8 and sold for 120. I'm good skipping this round of grifting.

BarryDingle2

High volume always wins out. The only way I could see the big money losing out is if the borrowing rate on shorting DJT shares becomes too untenable for them, but that rates decreased massively since DWAC became DJT. Individual investors will get tired much faster and are more likely to throw in the towel. This stock has no business being above $2 a share.

Tsukune_Surprise

It was down like 50% since the transition from DWAC to DJT. Dropped 20% yesterday and tons of puts. Probably some people wanting to make money off the 4/19 puts. There was also lots of retail pumping. Lots of boomers buying today. The order book was full of odd purchase amounts - dumb shit like 2076 and 1776 for number of shares.

Antennangry

Lol, the only money to be made off of this trash was calls on the DWAC->DJT pump. It’s never pumping like that again, and any and all downside all the way down to zero is priced it. Move along.

the_super_unknown

Nearly 400% on warrants during DWACW, then 30.00 to 70.00 split profit in half. Reinvested back in at 30, dollar cost average down to low 20s, bought warrants at 8.00 riding those back up. I have to be up about 500% on average since riding up DWAC then after conversion to DJT. Battle not over yet. Hope you closed out your puts. Must have expiry last week?

Hularuns

Neither is Truth Social but that never stopped DWAC/DJT from going up on any news at all.

bluspiider

whats the next DWAC/DJT?

Diablos_lawyer

Sorry I didn't read your full comment. I don't know what you mean by "there were no options available". There's been options on DWAC for a while and there's been options on DJT since the merger.

ih-shah-may-ehl

on r/DWAC_Stock there used to be many people spending their life savings out of religious fervor 'for the America of their children' and shit like that, even people doing so against their partner's wishes but 'the man is the leader of the household'. I'm caught between glee at how Trumps scheme collapses, but pity for people who are hit by the impact without it being their fault: the partners and children of those idiots.

Eodez

There's [DJT\_Stock (reddit.com)](https://www.reddit.com/r/DWAC_Stock/) though I legitimately cannot tell if its serious or satire anymore.

slothsareok

lol tell that to the people on the DWAC/DJT group on Truth.

LeatherCase254

Maybe got mixed up with DWAC

tindalos

You never know there’s all kinds of potential positive news that could turn it- sorry, I can’t do this with a straight face. I’m pretty sure my 4/19 $15 puts from DWAC will print lol

Jeffinslaw

I do think this SPAC will run similar to DWAC. I’d like to throw some money on some Sep 20th calls but I was booty blasted by the drop on Monday so I am currently down a lot. Will be following though.

PM_ME_YOUR_CAT_VID

Not salty. Glad he made money. I made a 10 bagger on DWAC calls before the merger and then got the fuck out of DJT. It’s just cringe to see someone talking about the trade like this after it already paid off.

Appropriate_Arm_4320

DWAC/DJT pumped after ticker change. Do you anticipate ALCC/OKLO pump pre or post ticker change?

misterO5

DWAC Is down another 14 percent today after dropping 18 yesterday. The Nasdaq is flat today (up .1) What is your cope today? Bc the market aren't "crashing" today but trump's stock is.

cheesycrustz

Potential ticker change (think about how DWAC->DJT pump), additional contracts, and news coverage because OpenAI’s CEO is invested. Lots of opportunities for catalysts.

PregnantPickle_

Can’t a guy DWAC off in peace

kk7766

I know you've been waiting patiently for this $DWAC / $DJT dump moment for 3 years haha

waitinonit

I know this thread is relatively old but I have a question: DJT went "public" in March 2024. If you look at the charts for DJT, they go back to 9/2021. Is the chart for the time prior to March 2024 actually for what was the symbol DWAC?

Bamboo_Fighter

They took the DWAC money and paid off their debt. But I heard they're losing 50M a year and have revenue of 5M, so it's only a matter of time.

RevolutionaryPhoto24

I’m green on long-dated DWAC puts. Only have four though, on a lark.

TheReader6

I made over 200% buying DWAC. I’ve been very pleased. True I know when to sell a stock, but the wise sold when it peaked and will return to buying it when the valuation comes down a bit. It will be a super volatile stock, prime for major gains.

sc2summerloud

the sad part about this is that r/DWAC is private, so you cant even go make fun of these clowns

Harry-Ballzak

Dude.. it is so much easier than that... 1) Trump had warrants in DWAC. The warrants will be allowed to be exercised, hence the issuance of the additional shares. 2) Trump has a crap load of DJT shares but those are on lock up for 6 months unless he is expressly allowed to sell them. That is also what this notice allows him to do. This company/ stock will be gone within a year.

bozoputer

Its not really fraud if you come right out and say that you are going to do this, which they pretty much did as soon as it merged with DWAC. Its all the outstanding warrants - they convert at \~10$ (?) or something, so everyone will convert them and sell blah blah

Rough-Ad-606

I got in at a good price when the SPAC DWAC was launched. It was a good ride those first 24 hours.

RevolutionaryPhoto24

Mine are dated September and January 25, same strike, purchased on DWAC - they are green today.

RevolutionaryPhoto24

My DWAC puts turned green today :).

the_super_unknown

Sold warrants at 300% gain from 5 to 21. Put profits into DWAC at 30.00 rode it up to 70s, split profit in half. About to put half of dry powered back in at 25 / 30 or better price. When's the last time you guys rode warrants and a stock up 300% twice? Lol Just because I'm an investor doesn't mean I don't know how to make money. When you paper hand too early you don't get those gains like the warrants. Wallstreet peasants don't know how to invest. Low risk, low reward you regards. Take more risk and take profits when you can.

allways_be

Why did DWAC jump to life as 'something you can buy' on January 15, 2024???

allways_be

DWAC shot from 18 to 70 , I should have sold at 70!

allways_be

Who bought DWAC at 18 and is still hodling!??

RevolutionaryPhoto24

I bought puts on DWAC, they weren’t so bad. Turned green today :)

QuentinP69

I have 4/26 25p and am buying 5/3 20p 15p tomorrow. Also have 1/17/25 7.50puts. Got them cheap when it was DWAC.

suckswallow

I'm fading this play the same way I bought calls on the DWAC to DJT merger. Hat meet rabbit. Please keep in mind I'm highly regarded...

Damascinos

You sound like someone that would buy DWAC

kbenti

I wouldn't touch this thing with a ten thousand foot pole. However, I think that was a result of the merger. The stocks were bought by TMTG from DWAC. I think that's how mergers work. How would I know, I'm only marginally smarter than Trump. By marginally, I mean 50 Basis points of IQ.

Congressman_Buttface

As of this morning, they’re issuing more shares. Go check out r/DWAC_Stock or for recent news and filings all the news.

Hapy4UorSorrythtHpnd

DWAC. I haven’t seen shit about it in weeks. It’s like it fell off the face of the earth.

Trade-Runner

Be careful with this shit. Recall the volatility of DWAC. All it takes is some crazy conspiracy theory or some post that acts like a catalyst, and this thing is over $50 again. This definitely is not my prediction, but it's precisely why I won't touch it.

BagzWellz

DWAC new name same thing!

greenandycanehoused

ESGV treating me well this year, outperform DWAC

jftitan

After watching from first hand experience... the GameStop boys to the AMC dependants. I've kept my eyes on seeing g hot DWAC_stocks subreddit plays out. I even was banned from it. But it's never surprising to see how after two years... a purge in past posts of some members begging for the merger to happen or all their life savings, mortgages, debts will cause them to die! (Drama... so much drama) I still wonder what happened to the Priest/Pastor who put the Church's assets into DWAC. After his admission he hid it all from his wife and "donators". They were unable to pay bills. Today, I just enjoy that the CD in my bank pays off better than DWAC has in two, going on three years.

rair21

I don’t think $16 is peak. Merger news is coming soon. If the market pumped that hot garbage DWAC/DJT to a 5B valuation for a non functioning social media site, I think they’ll show up with at least 3B for my boy Sam’s tiny nuclear project.

heinzmoleman

Everyone makes money in a bull market I made over 200k on DWAC calls before the merger vote and I haven't studied shit about the market. I've also had big losses too. Money comes and goes at this casino.

Bagel_Maker975

I am also in process of "firing" my investment advisor. They can fill many roles. I suspect a large portion of them simply have the basic principles memorized and help people who are too nervous to manage their own account. Before I took control of the account it was in a few standard issue ETFs and some Mutual Funds with nothing special. Others who use the same guy have a few blue chips in their accounts but nothing that is ground breaking. He helps give advice when things get too exciting or depressing and everyone wants to fomo into DWAC because its rocketing up or sell out of their SPY because it dropped a few days ago. Essentially, there is genuinely a huge need for people who know the basics to manage the common persons money. Once you learn about valuations, picking your own ETFs, not getting emotional based on what you see on the screen... you are kind of on the same level. I've asked questions to my financial advisor and have heard him hop on yahoo finance to read the latest top articles on that ticker and just go based on the latest Motley Fool article. I have slowly started moving funds to another account not overseen by him. Eventually the 1% fee wont matter as much based on how little i'll leave in the account. At that point if he tells me to close the acct I will do so. I get my tax advice from my accountant. I asked my advisor about my 401k rollover and I knew more than him about it. However, my accountant was able to shed some light on the topic. Just need a good accountant who doesn't mind spending some time on the phone.

Right_Turnover_9755

Probably good to downsize. A lot of folks still drinking the kool-aid on this one w/ post-DWAC/DJT conditions, but they have still only filed one S-4. I have serious doubts they get SEC approval on their registration statement in the next 6 weeks. My understanding is that if they don’t complete merger by end of May, NASDAQ would delist their securities? That only leaves a month before their charter deadline. I can’t imagine they continue if their securities get delisted… but who knows.

options_wizard

i think it was early. the hype around it will be 10x when the merger happens like DWAC. it seems like the initial rip was just regards in here speculating about volume

unclefire

I swear it seems like every day there's more BS coming out of DJT. Latest I heard was some jokers hacked into (got access to) documents/etc. of DWAC and used that to oust the CEO. FFS, it's one crooked scheme after another with that crew. I can't wait until it goes to zero.

SylviaFutur

Can someone tell me why DWAC (trump shares) is gone from stock market today. Cannot find them.Someone knows why?

Fritzkreig

I mean the play was to buy DWAC a month or so ago, I made about 90% on shares as calls seemed too high for my budget.

Evening_Cut4422

Zoom out it has been trading in this zone for DWAC for months u would need a total collapse in faith for the support to break in a short span. It's a dumb stock but it still a stock

Mss_Phoenix

ROKU & DWAC before DJT - both ATH 2021 - still holding. Rookie moves since mentor never taught stop losses in class… lesson learned for sure.

pinghing

DWAC troglodytes: Cory and Trevor

Terrible_Panic_1601

I pray i catch this fake pump, if it evers happens. DWAC is worthless. Their sec filings says so in their own words.

Traditional_Hunt5262

Down 7k this week up 47k ytd thanks to DWAC calls in January

-bjorn

/r/DWAC being private now is hilarious. I can't believe I get to miss reading their posts. 😭

Parsecale

DJT is below pre-merger DWAC, is that good?

newtownkid

DWAC?

newtownkid

Made 20x on DWAC calls - I saw that DD when it had like 30 upvotes and threw $150 at it.

_BannedAcctSpeedrun_

DWAC last month. Wish I had held in longer for an extra 2x but glad I didn't baghold into the dumpster fire it became.

Natural-Berry-3512

They haven’t really lost anything yet considering price is back to before the DWAC DD. Looks like most maga folks who bought before the merger might be diamond handing this and today we saw the first wave of shorts dipping out (at least I’m assuming the two spikes we saw today was shorts covering)

saucynuggetWithExtra

I was close to pulling the trigger based-on that guy's DD as well. It didn't have the same feeling as the DWAC DD though.

BusGuilty6447

Your post history does not show the DWAC dd.

Quirky_Ad_9824

Just looking at other peak hype SPACs like DWAC and PLBY and the likes. All crap companies with lots of hype around the merger. This one even has Sam Altman and Nuclear at the perfect timing. Ultimate storm

WSB_ThAw

You're not supposed to hold 5 years... But hype can be wild around these types of stocks, see DWAC recently

shrimpgangsta

DWAC shenanigans

Pocket_Universe_King

ALCC is the precursor to taking OpenAI offerings public and generating revenues for advanced research. It still has to merge, similarly to DWAC and DJT

Commercial_Bar6622

DJT/DWAC is up 116% over the past 3 months. And the net result since the merger is just some volatility, both up and down. Looks bullish to me. https://preview.redd.it/7zy2x01sqetc1.jpeg?width=666&format=pjpg&auto=webp&s=f05e4ca787abaa6144783182205a61677a6e36bb

the_super_unknown

Classic WSB investor then they critic DWAC investors who are still up 400%. Fucking idiots lol.

Anxious_Possession_4

Calls are the same way. When I bought DWAC/DJT calls the price was dropping and my calls were still going up because everyone thought it was going to go up. Eventually the stock went up and my calls shot up even more but when I first bought in early the price dropped like $3 but the value of my calls kept going up. Same idea with ALCC just inverse (in my opinion) I think it will go down and I’m just getting puts before the masses do.

charliegotyoursix

The CEO is selling at 30 a share let alone 100…. What’s the float? Could be more interesting the DWAC - if I were in the position of these guys I would do a at the market issues or 1 maybe 2 million share - get some dry powder invest in some undervalued Growth Equity names. Was looking for the greensheet or who took them public - could find it. If someone has please share. It’s a great opportunity to invest in private growth equity companies but the current valuation doesn’t make sense. If you are invested you are at the crap table. Good luck and hope it goes your way.

Anxious_Possession_4

ALCC bulls are worse than DWAC/DJT bulls. LOL at least DJT bulls knew it was a pump and dump

JSOAN321

https://preview.redd.it/46zn2w0ybctc1.jpeg?width=1170&format=pjpg&auto=webp&s=8e7046290d108628260fe696c6a4da8bb773211b reminds me of a smaller DWAC 🚀

tinytestesboy

Exactly. As you said, those puts were overpriced for a reason. I’m jealous of your DWAC ipo play. 8 bagger is something I get off to 🫡

Sanjeeticus

I like him (as much as you can like someone in that field now haha) but I respect your cordial response. And I agree. To a certain extent. It is quite popular (not Reddit popular but also not Reddit valuation, neither of which have ever been profitable) and yes I agree it’s inflated for meme like whatever support reasons. But I totally agree yeah they missed the pump and get killed with IV on puts so they’re just salty it’s cute. The only time I ever touched the stock was IPO day and with *shares* (DWAC), I sold 3 different times averaging j believe just over an 8x return. It was absolutely nuts I haven’t even done that with any options yet. Within a day or two. Once sold I never got back in. So I can’t complain

bunnibly

And foreign interests. Didn't Putin's Hungarian lapdog visit Trump a week before DWAC went DJT? Now you know.

5winnow5

How in the world are DJT (not DWAC) options “cheap”? Also I’m showing earnings date for DJT on 5/3 not in 4 days?

onepingonlypleashe

I didn’t realize you could carry options across from DWAC to DJT.

SleepiestGuyAlive

Is ALCC going to get the WSB treatment or the DWAC treatment. Stay tuned on: regards attempt to trade the market!

DoctorImperialism

ALCC is one of those stocks where you convince yourself that you missed the boat and don't buy, then it doubles. See also: DWAC

BrownBanana620

You can call it what you want, but the OP of that article made hundreds of people thousands of dollars within a week. I think the majority of us in here wouldn't have touched, let alone be aware of DWAC pre-merger without the DD

Ducatidude21

DWAC DJT was great play, the next play is ALCC, don’t sleep on it. Easy price target of $25-30