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.
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.
My thought process was:
Do you trust Trump? Yes I do.
Do you trust Q? Yes I do.