It's confirming it's being naked shorted 300% over the float, which is very illegal. Sadly, it's just another day for Wall Street and Market Makers as this is how the ACTUAL stock market works. It's a rigged casino, we are left crumbs to keep us participating but the real money is made after hours...look up dark pools.
This means that in order to short it, you need 300% equity. So if DWAC is $100 you need $300 to short that one share. 100% for long positions literally just means you pay what you buy.
You need to read between the lines. If you haven't picked up on it already, they love to tell us what they do. They do this by telling us what WE CAN NOT DO.
There is no way for DWAC, DWACW, and DWACU to be so heavily suppressed when the float was bought within the first day of launch.
Wake up. There is much more going on than just day traders.
Understood, but there’s absolutely no way in hell, anyone with 2 brain cells would drop a hundred million dollars short on a stock with wild publicity and retards jumping on it, within a couple days from launch.
HFT and PFOF benefits institutions, ahem, Citadel, but the way price has so far fluctuated doesn’t point to high-influence manipulation like GME.
Not to mention, GME has been battling cellarboxing/naked shorting for about a decade to the highest degree, and they still couldn’t get it to bankrupt. Let alone a Trump backed SPAC.
I cannot tell you what you should do with your own investment, but i'm personally holding, even if they take it to zero. I'm in the process of finding an agent to DRS my holdings regardless. IMO, it's obvious they are very afraid of this.
It's called Direct Registration Systems, which takes the shares out of the name of your broker's account and puts them into your name. This not only puts your name and true ownership on each share, but it also takes it away from the brokers so they cannot lend the share out multiple times in a short or long position. Almost all brokers only credit your account for what you think you physically purchased, and never actually buy the shares.
If you want some really good DD (Due Diligence) on how the stock market truly works against us, and is built on crime and fraud...go check out r/superstonk on reddit. Great information in that sub on how the entire market truly works, even though it's relating to GME. It has a lot of based people in there, but you also have your typical reddit normie with their moon talks, 420, and 69 jokes because some are just immature.
Thank you for educating and bringing MANY more patriots into the financial war that we're in.
In the past year, it has been BEAUTIFUL to see the apes wake up. But oddly enough, when I ask the question, "if the MSM have been lying to you about GME, what ELSE would they lie to you about."
I don't think this guy is correct- see my other comments. Also, it looks like Rumble may be announcing that DWAC is buying it tomorrow........ news+ price increase. I think we'll see another solid green day tomorrow after today's pullback/rest.
I am not on twitter, but it the Rumble guy tweeted out that their biggest news ever was hitting today, and DJT Jr. retweeted it. Speculation is that they will be acquired by Digital World Acquisition Corp (DWAC).
It means if you want to short it you have to have 300% the value of the stock in assets because if it goes up a lot you could end up owing a ton. So if you wanted to short $10,000 worth of the stock, you'd have to have at least $30,000 in assets in your investment account.
There's additional risk shorting stocks, too, because you have to pay interest on the borrowed shares. So if the price doesn't fall fairly quickly, you can lose a lot of money.
It means betting that the price will go down instead of up. But to do that, you have to borrow (step 1) shares to sell (step 2); then buy them back to close out the transaction (step 3). The "borrowing" step is an extra step compared to just a normal buy low/ sell high aka "long" like what you did. I've been trading over a year and I never short- it's more complicated and risky so I have avoided it. If you want some entertainment, the movie the Big Short is based on a true story of the guy that bet against the housing market before the crash. Here's the best scene. https://www.youtube.com/watch?v=Cxjdj5_5yNM. Edit: The scene is him borrowing the shares to short of mortgage backed securities.
Well I am no expert, but I believe it means that if someone wants to short $10,000 worth of shares, they have to have $30,000 in their account because the brokerage firm isn't gonna hold their bags this time like they did for GME. That's good news.
I think they are telling the shorters they aren't covering their a$$es this time like they had to do for GME... which is why there are saying they have to have triple the cash in their account to short.
No- it's good news. The brokerages are requiring shorters to have 3x the amount of any amount they short so they aren't left holding the bags like they were for GME. THat's how I read it anyway.
What does this mean?
It's confirming it's being naked shorted 300% over the float, which is very illegal. Sadly, it's just another day for Wall Street and Market Makers as this is how the ACTUAL stock market works. It's a rigged casino, we are left crumbs to keep us participating but the real money is made after hours...look up dark pools.
This is absolutely wrong!!!!!!
This means that in order to short it, you need 300% equity. So if DWAC is $100 you need $300 to short that one share. 100% for long positions literally just means you pay what you buy.
That's how I read it. It also says naked calls will be blocked.
You need to read between the lines. If you haven't picked up on it already, they love to tell us what they do. They do this by telling us what WE CAN NOT DO.
There is no way for DWAC, DWACW, and DWACU to be so heavily suppressed when the float was bought within the first day of launch.
Wake up. There is much more going on than just day traders.
Understood, but there’s absolutely no way in hell, anyone with 2 brain cells would drop a hundred million dollars short on a stock with wild publicity and retards jumping on it, within a couple days from launch.
HFT and PFOF benefits institutions, ahem, Citadel, but the way price has so far fluctuated doesn’t point to high-influence manipulation like GME.
Not to mention, GME has been battling cellarboxing/naked shorting for about a decade to the highest degree, and they still couldn’t get it to bankrupt. Let alone a Trump backed SPAC.
This notice came out today after the big run---------- so they were shorting it normally, but no more from here is my understanding.
Thank you for the explanation, I'll look it up.
I disagree with his explanation- see my other comments.
Thanks. I'm basically brand new to this but I'm interested in getting into trading as a side thing! The explanation is appreciated.
Should we get out? I have 5k in dwac.
I'm not the type to give out financial advice, but if I were, I would advise to never bet against Trump.
I dont. Your right. Trump is gonna win.
I cannot tell you what you should do with your own investment, but i'm personally holding, even if they take it to zero. I'm in the process of finding an agent to DRS my holdings regardless. IMO, it's obvious they are very afraid of this.
Ya. Hopefully this is a sting and it's being monitored. What is DRS your holdings mean?
It's called Direct Registration Systems, which takes the shares out of the name of your broker's account and puts them into your name. This not only puts your name and true ownership on each share, but it also takes it away from the brokers so they cannot lend the share out multiple times in a short or long position. Almost all brokers only credit your account for what you think you physically purchased, and never actually buy the shares.
If you want some really good DD (Due Diligence) on how the stock market truly works against us, and is built on crime and fraud...go check out r/superstonk on reddit. Great information in that sub on how the entire market truly works, even though it's relating to GME. It has a lot of based people in there, but you also have your typical reddit normie with their moon talks, 420, and 69 jokes because some are just immature.
Hello fellow Ape…Buy Hodl DRS!!
Thank you for educating and bringing MANY more patriots into the financial war that we're in.
In the past year, it has been BEAUTIFUL to see the apes wake up. But oddly enough, when I ask the question, "if the MSM have been lying to you about GME, what ELSE would they lie to you about."
Crickets....
Thanks
No one can yell you that, but no one ever lost money taking a profit.
I don't think this guy is correct- see my other comments. Also, it looks like Rumble may be announcing that DWAC is buying it tomorrow........ news+ price increase. I think we'll see another solid green day tomorrow after today's pullback/rest.
Just a rumor, no one really knows. Ppl saying bc Don Jr. retweeted some rumble tweet.
I am not on twitter, but it the Rumble guy tweeted out that their biggest news ever was hitting today, and DJT Jr. retweeted it. Speculation is that they will be acquired by Digital World Acquisition Corp (DWAC).
Was it just Schwab that issued this statement, do you know? I'm holding DWAC with TDA and I didn't get a notification like this.
The fact that Don Jr. retweeted Rumble's post (about big news tomorrow) leads me to think that you might be correct about an acquisition.
I don't know- that screenshot was the only source. I wasn't notified, but I never try to short so I'm not sure who was notified.
Marinara or Pesto. Occasionally Alfredo.
You're VERY saucy
What should we do?
It means if you want to short it you have to have 300% the value of the stock in assets because if it goes up a lot you could end up owing a ton. So if you wanted to short $10,000 worth of the stock, you'd have to have at least $30,000 in assets in your investment account.
This is my 1st investment in stock. What is shorting? I know sounds dumb.
There's additional risk shorting stocks, too, because you have to pay interest on the borrowed shares. So if the price doesn't fall fairly quickly, you can lose a lot of money.
Correct, unless you play with naked shorts, which means there’s nobody expecting that share because it technically doesn’t exist.
Unless, of course, Apes hold the float 😏😏😏
It means betting that the price will go down instead of up. But to do that, you have to borrow (step 1) shares to sell (step 2); then buy them back to close out the transaction (step 3). The "borrowing" step is an extra step compared to just a normal buy low/ sell high aka "long" like what you did. I've been trading over a year and I never short- it's more complicated and risky so I have avoided it. If you want some entertainment, the movie the Big Short is based on a true story of the guy that bet against the housing market before the crash. Here's the best scene. https://www.youtube.com/watch?v=Cxjdj5_5yNM. Edit: The scene is him borrowing the shares to short of mortgage backed securities.
I have no clue.
Well I am no expert, but I believe it means that if someone wants to short $10,000 worth of shares, they have to have $30,000 in their account because the brokerage firm isn't gonna hold their bags this time like they did for GME. That's good news.
Very Interesting
https://iborrowdesk.com/report/dwac
The borrow fee is getting quite high....
If the Short positions are at risk, the risk for them is that the price is going to rise.
Are they warning the shorters to get out early?
It's only been a company since early this year...
I think they are telling the shorters they aren't covering their a$$es this time like they had to do for GME... which is why there are saying they have to have triple the cash in their account to short.
👍🏼
No naked calls??? I guess that would create too big of a blowout.
We gonna lose all our money?
No- it's good news. The brokerages are requiring shorters to have 3x the amount of any amount they short so they aren't left holding the bags like they were for GME. THat's how I read it anyway.
Only if you paper hand like a little bitch