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.
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.
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?
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.
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.
What should we do?