HODL the line !!
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I really hope most Anons here got a chance to read the stickied post yesterday and managed to get in, even a little bit.
Can you link to that post please? I’d like to still try to get in if I can!!
Its DWAC, DWACW and DWACU. Just buy on fidelity or something
Thank you!!
https://greatawakening.win/p/13zgboJUii/want-the-best-investment-advice-/
I saw it and then got distracted by work. Dammit.
Damn work. Still not too late imo.
https://greatawakening.win/p/13zgboJUii/want-the-best-investment-advice-/
You can purchase any of these symbols: DWAC (its the direct stock), DWACW (Its a warrant that can be exchanged to a direct share at $11.50 at a later date) or DWACU (Its a combination).
It started at $10 yesterday, and now its closed at $65. You need a brokerage account that lets you buy this. People were mentioning that Robinhood did not allow it, but I can't confirm this. You can create an account at ETrade or Fidelity in US. In other countries you can use the Interactive Brokers or one of the local banks that provide exposure to US markets.
Good luck. I believe this is going to the moon, but remember - no one knows what the real value is. You have to read the whole post to understand what a SPAC is, and how very risky it usually is and the deal might not even go through at all. Invest only what you can afford to lose. Even owning 1 share might be really worth something.
Once its clear that the investment is a good investment, the train would have left the station. For instance the opening price was $10, and closing price was $65. You know it was a good deal (atleast for day 1), but you cannot buy it at $10 anymore. Will it go to $200 or $1000 or to the moon? One can only wait and see until it happens.
I would say the better way to do it is to invest just a little bit - like $100-$200 and buy the DWACW (Warrants) that closed at $11 yesterday. These warrants allow you to purchase the actual shares DWAC at $11.50. So lets say you buy 10 warrants at $11.5 costing you $115, at a later date if you see the stock shooting higher and higher, you can use the 10 warrants to purchase the shares at $1150, regardless of how high the share is at.
If the stock does down and loses value, you only lose $115 - as long as you are okay losing that, you are good.
Investing is like gambling man. It’s math combined with gut instinct.
If you trust the plan this is a great investment.
This is could be like buying google or apple back in the day and maybe even better.
Robinhood has dwac
Honestly, the more people who buy it in Robinhood the more ammunition Robinhood gets to manipulate the stock price by selling "zombie" shares. r/SupertStonk has a lot of indepth posts about it.
What I would suggest is to looking into something called DRS - it allows you to obtain the share certificate and transfer the share to your name (right now its in the street name - Robinhood's name). Obviously, this is assuming you are planning to HODL it to the moon.
3 shares at $44.58 here
i spread the news and atleast one of my friends bought in so theyre happy rn
We bought some for my mother in law, and she is over the moon now!