I made a killing and sole off all but 5 shares today. Going to sit on the sidelines for a bit and see how this shakes out. Literally the best trade of my life!
DWACW are warrants (think stock options). You can spend $11.50 to turn a warrant into a share after the merger goes through. So, say you paid $30 for the warrant... $30 + $11.50 = $41.50 share. If the stock is $200, that leaves you a $148.50 profit. If the share price is under your cost you don’t need to exercise the option. I think you have 5 years from the date of merger.
I have have a mix of shares and warrants (and if I buy more it will be warrants most likely because they’ve been the better deal (I have a standing buy order for another 100 warrants if they drop below $25 again).
DWACW can be converted into DWAC after the merge with Trump Media & Technology Group. There is a $11.50 fee for conversion - which still makes it a great discount.
They are the same yahoo hedge fund that shorted amc.
Alternatively, they were both a warm up to get us where we are now.
Saw the losses today and the first thing that came to mind was HODL!
My dad is telling me that if it drops below 50 he'll buy some.
Smart dad.
I'm on HODL
Buy and HODL !!
I made a killing and sole off all but 5 shares today. Going to sit on the sidelines for a bit and see how this shakes out. Literally the best trade of my life!
HODL. I’m balls deep in DWAC.
Same fren
HODLin my balls too.
Seriously so mad I didn’t buy any lol.
You still can! What’s $85 compared to its future valuation? This is yuge.
$100 it’s still a buy
Is this going to be the same as DWACW? I just figured one was cheaper for those that can't afford as much to hop in.
DWACW are warrants (think stock options). You can spend $11.50 to turn a warrant into a share after the merger goes through. So, say you paid $30 for the warrant... $30 + $11.50 = $41.50 share. If the stock is $200, that leaves you a $148.50 profit. If the share price is under your cost you don’t need to exercise the option. I think you have 5 years from the date of merger.
I have have a mix of shares and warrants (and if I buy more it will be warrants most likely because they’ve been the better deal (I have a standing buy order for another 100 warrants if they drop below $25 again).
DWACW can be converted into DWAC after the merge with Trump Media & Technology Group. There is a $11.50 fee for conversion - which still makes it a great discount.
pit pat piffy wing wong wang Kek
Reminds me of glacial capital. Old tricks, new players.