What’s other stocks back or support these stocks thanks
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they are actually more risk I believe because you get to buy the stock at a cheaper price but they devalue faster if the stock or merger falls through. higher risk = higher reward
Maybe? I’m new to this all, I don’t hold them for long, and have made $. If holding for long I can see the risk, my thought is I rather loose $200 vs $1,000 so my thought buy small and risk small.
yeah the risk is higher but for this example over the last two days it worked in your benefit. Basically in the DWAC(W) stock you get the option to buy the DWAC at a price close to the opening for that day so yesterday it opened at roughly 9$ and the option was for 11.50$ to buy instead of the 20$ price point it was at near mid-day and since it closed above 30$ it was a great profit if sold but HODL. However if the price would have dropped drastically you would have been on the hook for 11.50 a share.