Looks like his most successful business venture of all time will be a pump and dump scam.
DWAC, the Trump Social-Media SPAC, Surges: What to Know
- Thread starter kmiklas
- Start date
No.... there's a little thing called a lockup period that will reduce it to an amount that pales in comparison to anything he's made in real estate.
I hear he might get it waived. Afterall, the board is basically loyalists like his son. Even though it's fundamentally worthless, I'm unsure of what the supply-demand dynamics will be like. It's already very hard to short. As for his real estate dealings, what assets does he even own? Whatever it is, it doesn't appear it's enough for lenders to take them as collateral.
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If it gets waived.... lol.... we'll compress the 180 days to get below $5.... into 10 minutes.
A Bloomberg will pay itself off for your grand kid's lifetimes if you can nail that decision the second it happens.
quanting? What does that mean?DWAC up 13.5% today.
Short Borrow rate is 76%
I wonder if exgopher is quanting out on this today making the big bucks that the rest of us can only dream of.
this decision doesn't change the plan.
MSNBC is trashing the stock.
That's a buy signal, right?
A chance to buy a piece of Donald J. Trump? Common sense says this is one to stay away from, even if the newly combined company is likely to be initially valued around $5 billion on paper. The man is a serial bankrupt with a reverse Midas touch. And that’s before you remember Truth Social, founded by Trump after he got tossed off Twitter, is the black hole of social media sites, with a fraction of the users of its more popular rivals.
https://www.msnbc.com/opinion/msnbc-opinion/trump-truth-social-djt-stock-price-rcna144715