This is a typical J curve in economics. When company starts up or merges, interest in said company rises sharply for a week or so after the announcement before cooling back down. I wouldn't be surprised if DWAC cooled back down to $30-$40 for the next few weeks. There is no product launched as of yet, so naturally the price will settle back down. We may have a good month or so of opportunity to buy into this stock before it begins to rise again.
Then again, President Trump being on board with this company changes the normal economic patterns considerably. DWAC may not cool off much at all before rising again.
Lets keep this discussion civil please.
This is a typical J curve in economics. When company starts up or merges, interest in said company rises sharply for a week or so after the announcement before cooling back down. I wouldn't be surprised if DWAC cooled back down to $30-$40 for the next few weeks. There is no product launched as of yet, so naturally the price will settle back down. We may have a good month or so of opportunity to buy into this stock before it begins to rise again.
Then again, President Trump being on board with this company changes the normal economic patterns considerably. DWAC may not cool off much at all before rising again.