The $DWAC (Trump’s new company) News will Keep Coming. Invest, Win, and Support the Destruction of the MSM and Old Guard.
(media.communities.win)
BREAKING NEWS
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Great sticky, totally forgot to jump in on Thursday, still feels like I got kicked in the stomach. But said f it today and jumped in with both feet. Bought on good dip, and I will give all my money to take down those darpa platforms!
I bought on Thursday and also added big league today. Current price is a steal in my opinion. If it doesn’t rocket when the market opens (or in early AM premarket), that will likely be the best time to buy or add. Then HODL.
Also, for those who own shares - put in a sell order (good until filled - not “day only”) for a high LIMIT price (like $500 or $1000 / share for example), which will keep your brokerage from “loaning” your/their shares to investors who want to short the stock.
Brokers can still loan your shares no matter what you do unfortunately. The only way to stop them from loaning your shares is if you direct register them with your company's official transfer agent and have them removed from the DTC pool and placed under your name and ownership officially.
There is an alternative to DRS. It's called DWAC.
https://www.investopedia.com/terms/d/dwac.asp
Yep! Computershare ftw
CS isn’t the transfer agent for DWAC.
The broker at Fidelity whom I spoke to today said that they can only loan out margin-assigned funds. That may not be the exact term, but he said people had been calling and asking about that.
I'm checking into Computershare now.
if you put something more sane as the price like say 180 on your limit order and in the (very unlikely) it spikes to that price, while the brokers have lent out your shares, wouldn't that mean they need to immediately buy them from you at that price?
Same here! 7k more today
r/DWAC_stock
Unless you guys know of a more active community
Joined thanks for posting.
Funny I just moved $7k today to buy more once it clears
A long time ago I was in the stock market and stopped. Learning about Trump’s moves I restored my Schwab account. It used to be with a fee of $10 / transaction, now no fee but with deposit. What is the catch?
They all make fractional fees on each transaction by selling it for a bit more to you than they get it for basically. With so many transactions and people day trading and swing trading and the average person now messing around, it's profitable.
Plus they analyze buying and selling patterns and data from end users.
Got it - will not use that method. So in order to trade now they require deposit. There are two accounts - brokerage and checking. I linked my bank account and should transfer some amount for trading. In which account - the brokerage I assume?
They sell their order flow. If you know ahead of time even by seconds what investors are doing you can make a killing.
I totally agree. I am pissed because I knew to buy it, but I have a ton going on and just forgot. But I think it's a long term investment!
Same, some unexpected circumstances came up that made me totally forget until my wife reminded me that night. Got in at $101 and $119 when I could have gotten in just above $10. 😭😭😭
Yeah k have to admit, it hurt. But it's going to go a lot higher I have faith.
I recall many a discussion in the GME subeddits that this doesn't actually work and everyone stopped doing it several months ago. Unsure why it's suddenly being touted about as advice again.
I think it raises the cost to short the stock.
And it was debunked as not actually working but someone is spreading this disinfo again which is my point.
Still plenty of time to get in on this.
If it achieves even 1/3 the mkt cap of FB TMTG will be worth 100x what it is now.
That’s ~$8,500 a share. So I’d highly recommend getting in now :)
It’s not going to $8500/share 😂
You’re right! There’s a very small float right now actually, I anticipate the plan is to do stock splits along the way. So maybe like a 5:1 at 500 or something.
If you think about what a single share of Intel or Apple would be worth had they never split it makes sense.
Oh yeah I am in and will be buying more :)
I bought DWAC at the beginning l, thanks to a heads up here.
Sold half at a huge profit, that paid for the original purchase. I only mention it because I don't have much $$ and this was a way to get in for minimum risk...
Now the stocks I hold didn't cost me anything now. I'm not a financial wizard - but thought maybe this might help someone get in on it -- there's always a risk tho, you need to always measure your level of risk.
A former co-worker of mine used the "buy at a price, sell half when it doubles" to great success. And by having a trailing stop, you can make sure what you keep will always sell for at least the 2x value. The only real risk, of course, is that if you buy and it immediately starts going down, but he would use a "stop loss" (I forget the term), which would make it automatically sell for a minimal loss if it immediately starts going down. Of course, the immediate downslide could just be the pre-cursor to a long and significant rise, so you miss out on that if it happens, but that seemed pretty rare, especially for IPOs.
Yes! That's what my Dad used to say. I wish I paid more attention to his wisdom... :).
Once you sell off half you can use those profits to buy back more in the dips later as you gain confidence in it.
I just checked the DWAC stock history; wow! I wish I had bought it at the $10/share it was going for a week ago! It was up as high as 1600% on Friday! It would have been too tempting to hold ANY stock if you bought at $10/share and then could sell it at $100+/share! I just read the Motley Fool take on it, and it does seem risky to buy right now.
You should have a stop loss. You just need to be careful where you place it. Almost always before a stock takes off it drops first. As an example look at a AAPL long term chart. Before the big spikes up it would have a very strong pullback.
The idea is to buy that pullback and then place your stops. If you can learn to buy where the pros buy placing your stops is easy
I stopped putting in stop losses on volatile stocks because of GME when it was figured out the tricks they're using to push down the price are also to trigger your stop losses and knock you out that way.
Not familiar with what you are talking about? What are you actually investing in? Novice at this, can you elaborate a little. Thank you.