If they don't crush DWAC they WILL lose the narrative. That will be game over for them.
So they are trapped. They must short this. The only way they can win is if give them our shares.
This is a classic President Trump and the Q team trap for the black hats.
We are the weapon the team will use. Just by holding on and trusting the plan.
This is war. If you believe NCSWIC you know where this stock is going.
This has a VERY GOOD chance of leading to the short squeeze that will be talked about for generations.
From the little I have been able to piece together the big players have major problems with the Chinese Evergrande default problems.
I suspect that the Q team knows exactly what they are doing. I would not be surprised that the short squeeze happens at the same time liquidly for the big guys has dried up because of Evergrande.
You might have heard that Evergrande is a 20 billion dollar problem. From what I am hearing it is more like 30 TRILLION dollars. It is freaking massive.
Think about it for a minute Would China allow everything to collapse over 20 billion dollars?
President Trump said a few months back that China owes 10 Trillion dollars to the US alone. https://www.irishpost.com/news/donald-trump-says-china-must-pay-at-least-10-trillion-in-reparations-for-covid-19-213814
Nobody including President Trump expects China to pay anything like that to anybody.
Maybe, just maybe president Trump was letting us know what is really going to happen in this war.
If the price comes back to anywhere near where it was yesterday I will buy more.
dwacu & dwacw both have some "implied" upside as the closer it gets to being able to exercise the warrants the price of those assets will start to mirror: DWACW = dwac - 11.50 DWACU = DWAC + DWACW/2
of course there's a risk that the warrants become worthless whereas DWAC has a $10 guarantee. the higher prices get though, the less that ten bucks matters
So I accidentally bought warrants and I don't understand what to do to make sure I get shares? Never had a warrant before lol.
As far as I understand it, you have to wait until the merger in Feb 2022 to when you can convert the warrant to actual stock. That's the downside, if the merger never happens you don't get paid $10 per share like dwac would.
My personal thoughts here are to swing for the fences.
Warrants are similar to options, in that it’s like a “coupon” to buy shares later.
Or you can sell them for a profit instead of redeeming.
https://smartasset.com/financial-advisor/stock-warrants
You can sell and buy the stock anytime.