Digital World Acquisition Corp. Class A Common Stock
$0.37 (0.52%) Today
52 Week High
52 Week Low
7 Days Mentions
People didn’t even expect GME to run to $400+, let alone triple digits at first. Those who went all in with your “unrealistic” arguments are now set for life. I’m not saying go all in or even hop on, if it runs and you missed out then you get burnt. If it doesn’t run and you went in then you get burnt. You’ll eventually get burnt in the stock market, it’s all a risk. AMC was expected to run like GME but it never did. DWAC was a rumor then ran from $9 to $100+. There are many more. So the point is, with the market as it is, there’s really nothing unrealistic. I don’t know, they don’t know and you don’t know. We see an opportunity with great DD’s and Volumes. Anything can happen.
Okay so I am an investor in DWAC, and I firmly believe this stock will reach hundreds, possibly even into the thousands within a year or two. 1. Polls have shown that the majority of the conservative party supports trump, and that most people on both sides don't trust the the current media. I know I for one am sick of seeing youtubers, congress people, celebrities, and just regular guys like me being censored and banned for speaking the truth/our opinion. You can't question anything that goes against their agenda. News, entertainment, sports, movies, TV, schools, literally everything is skewed towards the left in this country and we are sick of it. I would like to get on a social media website and be free to ask questions and state my opinions without getting banned. I would like to get on a streaming platform and not have to see all this woke, PC, garbage thrown in my face. Can't tell you how many documentaries I see on hulu, netflix, hbo, etc, that are "Obama good"..."Hillary good".. or "orange man bad!"....where is my representation? Where is the representation of literally half of America? Everytime anybody famous speaks out, Hollywood cancels them and they issue an apology. DWAC/TMTG isn't just going to be truth social (which i believe will blow Twitter out of the water!)there are plenty of non woke, non pussy advetisers that would be happy to work with truth...they are also starting TMTG+, which will be a subscription streaming platform to rival Disney plus, hulu, etc. And they will feature less cringe woke "white people are evil!" Content. They are also starting a cloud service, and a news network. All under TMTG. Also, people love trunp so much(just look at his rallies) that they will flock to anything wish his name on it. This with be HUHE. How's that for a "short paragraph"? 😂 sorry....
From what I've read, the pre-merger funds are placed into low-yield instruments (~1% yield) but given that it's cash, there is virtually no risk below the NAV value on a "medium" term - let's call it 6M to one year. The best case scenario is the stock goes whacky (IRNT, DWAC) and you have an opportunity to profit and the worst case scenario is you receive your cash at the redemption value ($10 + whatever interest was accrued). This might be a loss if you got in above NAV. Is that understanding correct?
You’ve gotten good answers from others but I want to underline again how incredibly rare that 50% upside has become. Out of dozens of pre-merger SPACs you’ll have to be lucky enough to choose the 4 or 5 that move up at all, and only 1-2 of those will hit 50% gains before merger. Of those that hit above 50% you may only have one chance to buy them before they’re prohibitively expensive (like DWAC) and by jumping into potential runners, you risk losing money on the majority that go up a bit and then fall. It’s not impossible to pick winners but it’s very hard. If you buy trump SPACs you might be ok though 😂
Look to the past for a clue to the future. Specifically look at *every other business venture Trump has ever been involved with* for a clue as to the future of DWAC. Short term tho, there's money to be made playing the volatility. Just don't be one of the suckers that's long. That's a pretty big fucking bag to hold.
$DWAC's following is eventually going to make GME and AMC look mild. This shill it will rocket. Plenty of fundamental arguments I am not going to make. The hype alone will 🚀 this stock to mars. If you disagree you're a dumbass. If you think it's a pump and dump feel free to dump. If you miss the pump that's on you.
Was true in 2020, not so much in 2022. I remember dumping $400k in AVPT around $10.40 the Tuesday before thanksgiving (was about 80% of my account, felt comfortable since the risk was so low), sold in the post market the same day for $150k. Nowadays the upside is pretty limited except for some very isolated cases (DWAC, GGPI, DCRC, might be missing a few). Most of these things don’t really move before merger so it’s hard to make much money without assuming any risk. After merger things have mostly been a shit show. Can be some good opportunities from time to time (including with CC plays and stuff). People that are making now are usually playing warrants (which have gotten killed recently), are playing squeezes or something in which you don’t have NAV protection anymore, or are bottom feeding on stuff like KPLT, UPH, ATIP, etc (which is usually risky and only occasionally works in the short term so far).
This ties with the analysis that I've been doing on user counts and market cap/share price for Twitter and FB. Twitter has about 400M users with market cap of 32B. So for 100M users that would be 8B or an equivalent DWAC price of about $215. Assuming 200M users or 16B market cap that would put it in the 430 range. My real hope is that by May we have at least 100M users on Truth Social....but if we could make 200M that would be AMAZING!...and it's totally doable. Personally I have 3 private email accounts - I plan to register all 3 :)
All those DWAC haters seem to disregard that WS prices future cash flows and not actual one. At the same time,they push all these shit EV stocks like LCID,Rivian and the like which has sold like 2 cars with a negative margin,and this simply because Brandon is pushing this zero carbon agenda which does not work as we can see. Everybody can spend their hard earned money on whatever play they believe will make them money,why so much hatred?
I just think the bigger picture that I really didn't see mentioned in this article is why not wait for a DA then get in on the warrants? This way you give up most of the risk of liquidation and no pop on da. The risk of no pop is very high now as everyone has watched post da warrants bleed time and time again. Right now you can buy a lot of post da warrants less than the sponsor had to pay for them. Even on a spac like DWAC the people who by some miracle held pre da did not make much more than those of us that bought the next day at $2 and honestly most of them probably sold at $2 if they held for months already.
Good companies could use the SPAC process to further their business, but it’s way too easy to take advantage of (WISH, CLOV, DWAC etc.). If the SEC would actually provide checks and balances (maybe actually audit companies before allowing it) that would probably cut out a large percentage of them.
Lol DWAC is a scam for Trumptards. They knew they could get yall to buy a P&D and they already made their money on the turn. Only way it goes up is if conservative media starts pumping it again and even then it would crash even harder than before as soon as it settled. No logical investor is touching that shit. Post that loss porn when you lose the house
The rise of DWAC is fantastic to watch as the app gets primed for release and then will tank once a bunch of kpop fans spam it. I have bought a few calls just based on the echo chamber that is the webull comments. Makes the GME guys and gals look mild.
As bad as my portfolio looks right now I really feel for the retard who had 50k in qqq 385 puts that expired Wednesday then moved the remaining 10k into DWAC and lost both when he could have won easily had he gone out just abit
Wowsas! What were you waiting for? Tough call TRUTH media platform is supposed to launch in a little over a month from now which could see DWAC and PHUN prices rise. Who knows how much higher BBIG can jump before people start to bail? Lots of catalysts on BBIG in the coming weeks. Can BBIG double or triple from its current price? Can PHUN double or triple todays value within the next month or two? Hard to gauge how much PHUN and DWAC will jump as the Feb 21 launch date approaches. Even though it’s nice to get more people aboard the BBIG rocket it might be best to keep holding since you’ve made it this far…. I know how you feel DWAC gains got wiped out by trying to get in on PHUN the following day - stupid trading halts 🤬. I ended up selling off at $4 a share quite a while back so I didn’t have to carry the bags any longer.
Locking this for Brigading. OP i will unlock if you take down the offending post… https://www.reddit.com/r/DWAC_Stock/comments/s3xrv7/twatter_going_down_the_toilet_and_dwac_just/?utm_source=share&utm_medium=ios_app&utm_name=iossmf