They are scared to death, DWAC is already valued at over $5 billion, twice the predicted value on the announcement of the merger. This is going to the moon because we believe in President Trump and the MAGA movement is willing to fund the destruction of the existing tyrannical media complex. They see it coming and can't stop it. Nothing can stop what is coming!!
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So if I bought at $110, I’m not fooked? I feel like I got in wayyyyy too late.
Hell no, Facebook was at 350. If zuckerbucks can take Fb to 350, where do you think Trump will take DWAC to? Trump has 75% of the nation backing him. The merger has not even happened yet, i have a feeling it is going to skyrocket. I think this will settle out over 500 easily. This is not investment advice, just my opinion
I agree. I’m thinking it’s going Amazon style That’s just me.
Keep in mind DWAC has only 35 million shares. Fakebook has 2+ billion.
It's a concrete way to fight MSM and censorship. I feel like I've actually contributed to the cause. If I lose it all I know it was for a good cause. And I'll prepare for the next effort. But there's also a chance we could make a little money and make a difference by contributing to Trump's plan, whatever it is.. Main thing to me is to fuck with MSM, Fakebook, Twitts and their ilk.
exactly how i feel about it too.
I bought in at 13 yesterday. I knew this one was going up, but it surprised me with how quick it was - I should have bet more on it. Still got a couple months salary though.
When the acquisition target is announced, I could see it going that high. My hunch is this well behave like other SPACs overall (due to unknown acquisition target), today is most likely a local high. We will have downward pressure until acquisitions are announced then zoom up well above today’s high. So I don’t think it’s “too late” for people to get in. There will be good entry points in the future, or if you don’t want to try to time it now probably is better than never.
Been watching after hours trading and it's down to about $78 right now. Looking for a low to get in on after hours or maybe wait til open on Monday.
I definitely want to get some though and agree long term it is going up.
I verrrry much appreciate your opinion! I’m gonna HODL.
Hold it long term. The app has not even lauched yet.
They haven't even merged yet, this is all based on the announcement of merging.
I got in at $99. I feel okay.
Anytime I play with stocks, I become a nervous wreck. Should have gone with my gut and bought at $11, but coulda shoulda woulda..
Live and learn. We’ve all been there. I remember saying the same thing about Amazon. Stocks is a great lesson in relative worth. You have to set the time frame (in a day, in a quarter, in ten years?)with which you want to compare whether something is too expensive or too low.
Yeah, except when I fully intended to buy $2k worth at opening then surprise events in the morning made me forget all about it until the wife reminded me last night😔😭😭
Unlike GME, which is a play against the short sellers, DWAC is a speculative purchase of a potentially valuable media company. Yes it could flop, but alternatively it could become the nations hottest (top?) social media player within months of start up in February 2022. It depends on whether you think Trump can mobilize his supporters to the new platform. If you think he can get half the country onto the platform (plus a bunch of lefties coming on to chirp us) then buying in at $110 will be a steal. Whatever happens, it will be super volatile in the meantime. If you’re in already I’d suggest you hodl.
I appreciate your input
No problem. Just view it as a speculative tech play. You take a lot of risk, but if it hits you’ll make a lot of money.
For context, right now DWAC shares are $94, it has no active users, and the total value of the company is $3.0 billion.
Twitter shares are $62, it has 190 million active users (allegedly), and the total value of the company is $49.7 billion.
This is pure speculation, but say Trump can draw 100 million active users world wide... it could potentially value the company at $25 billion (half of Twitter by this metric). This would be $780 per share.
And this is if the company just emulates Twitter. If they emulate Facebook too they can take some of their market. It’s really anyone’s guess.
GME is MUCH more than just a play against short sellers. If you have not visited GMEdd.com or the /r/Superstonk subreddit I highly recommend you read up on everything that has developed regarding GME this year. GME is going to revolutionize the entire financial system and usher in the new blockchain/tokenized financial, stock market, and banking system, free from fraud, corruption, manipulation, etc. GME will become the biggest company by market capitalization in the World when the Mother Of All Short Squeezes goes down in the relative near future. I believe in DWAC as well but in terms of pure investment and most "bang for your buck" there is literally nothing in the history of mankind that is a better investment than GameStop stock. Every single GME shareholder will be financially liberated if they can hold on long enough when we blast off. God bless. WWG1WGA!
My thought process was:
Do you trust Trump? Yes I do.
Do you trust Q? Yes I do.
Nope, just like Kenny Rogers sang, gotta know when to hodl em, never fodl em. Or something like that...