You might consider buying DWACW which is a warrant (a company offered option) for a share. They were (as of last close) selling for 20 (ish) per share. The strike price is 11.50 per share. If you buy a warrant, you can purchase a share at the strike price after the merger (assuming the merger happens). Considering the source, and the difference in pricing, buying the warrants (DWACW) instead of the shares (DWAC) is super cheap compared to the stock price itself (currently selling at 65).
Just something to think about.
Fidelity and Charles Schwab have been solid brokers (to date).
I appreciate the advice. I do a pretty decent job on my own but I have to call my FA to move it. They had buy restrictions on. The $3k I wanted to buy would be around $30k right now.
I concur.
You might consider buying DWACW which is a warrant (a company offered option) for a share. They were (as of last close) selling for 20 (ish) per share. The strike price is 11.50 per share. If you buy a warrant, you can purchase a share at the strike price after the merger (assuming the merger happens). Considering the source, and the difference in pricing, buying the warrants (DWACW) instead of the shares (DWAC) is super cheap compared to the stock price itself (currently selling at 65).
Just something to think about.
Fidelity and Charles Schwab have been solid brokers (to date).
Appreciate the advice!
TD Ameritrade. Good charts. Good trading hours.
I expect this stock to have some high highs and low lows.. might be a great one just to hold on to vs a get rich quick play.
I did it through T. Rowe Price, because I already have an account with them.
I appreciate the advice. I do a pretty decent job on my own but I have to call my FA to move it. They had buy restrictions on. The $3k I wanted to buy would be around $30k right now.