Lot's of hype still with DWAC.
My story: I bought DWACW (the warrants) before the market opened at $1.90 per share. I bought 10,000 for a total price of $19k. I bought through a Roth retirement account. Two days later we are driving to see my grandson and watching the market and DWAC is going crazy. For a brief moment my $19k investment was worth over $650k!!! TODAY the stock is trading at a 70% discount to it's recent high. You might be thinking "I bet you WISH that you had sold at the TOP?" But here are my thoughts: -who says that is the top? This stock has only been trading for 3 days. -The company is only an "idea" but it is a great idea and it has been in the making for a while with one of the greatest business minds in our lifetime. -I believe in the business and I believe in the movement. I believe that this company will be part of the plan for getting our country back. What an awesome time to be alive and have the opportunity to be a part! -I am NOT a trader, I am an Investor! There is a HUGE difference. -I plan to HOLD through the merger, through all the upcoming news cycles, through the ups and downs, and though all the negative fake news and posts. -My regret is not that I didn't sell on the run-up. My regret is that I didn't buy more when I got in - but if it keeps going lower I may add to my position. -Even though it is volatile at the moment I have MORE faith in the future of this company than I have even in the S&P right now. (If we don't get our country back the market is screwed in my opinion!) -My stock value may go to ZERO or it may go to $5M. -SURE I want it to rise, but I will have no regrets for investing into Trump Media if it doesn't. -I have always wanted to get a 100 bagger in the stock market - this might be the one?! -If it does go to $5M maybe then I will take some profit off the table. Until then I am HOLDING!
Any one else doing the same?
$5,000 in holding till I retire and as you said I might be adding more here soon.
Might be retiring after the inauguration lol
TRUMP will NOT let this thing fail...buy what you can afford, hold it, and get ready for a ride that will end with a smile. NCSWIC
I was able to get 2 last Friday, all weekend my gme friend was on me to dump it. I think he's jus jellious.
I’m hard into GME. I still believe DWAG is a trap for the hedgies. They have marching orders to hurt Trump any way they can. With Tesla up so much, DWAG and GME, the way the numbers are behaving, reminds me of an real time strategy AI that has reached production capacity and is no longer able to overwhelm the defence.
So are you advise to hold on?
I’m braindead, I offer no advice.
HODL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Bought 45 of DWAC at $22. Holding.
Bought at 86 and watched it dive immediately. HODL…
If you're a trader that sucks. If you are an investor - just HOLD and even dollar cost average on down days if you want.
same here, i got in yesterday morning 1st thing at 86ish and then watched it plummet down to 59 by end of day....was thinkin OHHH SHIT what did i just do. But i'm holding on with a death grip and will not sell.
No worries man it’ll go to 86000. Literally if it doesn’t, it means we lose to big tech.
I purchased DWAC & DWACW last Thursday a little after the market opened. Once I saw the multiple halts and that Iceberg hedgies were heavily shorting, I sold enough to cover my initial investment. At this point I plan on holding and may buy more on the dips & news.
The short attacks on it are only evidence to me that I need to continue to invest in it.
Yea.
I made a comment on Reddit about naked shorting and got the shill farm after me. The harder the “pump dump” FUD thebmore I buy. 🚀🦍
yes, we're hodling
I’m holding in DWAC. It’ll go back up in due time.
Buy
Amazon and Apple are/were worth $1T.
Truth can be worth 10x that. DWAC is $3B right now? 3,000x!
The best part is that there are tons of professionals who built Amazon and Apple to protect rights, not trample them. We're "retired" but are more than happy to usher in Internet 4.0. I'd happily work to build it all over again if I could trust that it would not be used to trample individual rights.
That would be worth coming out of "retirement" for that!
This is the way.
The best thing to do is hodl, it looked like the games the manipulators were playing were working on some(making them sell their shares in fear of losing money). I believe this is long term investment. If you hold and don't sell then the manipulators will go somewhere else to make money. It is a tough thing not to sell when the stock hits it's highs but I think in the long run it will be worth it. Thanks for your post! -Side note-I hope some of the dirty manipulators get caught doing the shady crap they do and have to answer to the SEC, it is completely obvious what they are doing.
I’m no where near as invested as you (<$1000) and minimal experience with trading/investing, but bought some of the stock and warrants. When it went up I sold a small portion to cover my cost basis after I chased the trade I think I’m going to let the rest ride now as the reason I bought it in the first place wasn’t the expectation it would skyrocket that quick but long term it would pan out.
A modest 80sh DWAC @ $19. Holding that and buying more when I can afford it.
I’m an owner of the company. Not some guy who bought a few stocks to make a buck.
For most of us we invested what we could afford. For me it was 500 dollars. Even at the high this is not a significant amount of money. Certainly not as valuable as the changes that can be made from free speech.
Hodl the line.
This is pretty much my exact philosophy on DWAC. Long hold.
I bought more when I saw Yahoo finance and the talking heads at CNBC bashing it and saying to short it. That's when you knew they had already shorted it because it's Trump, and it had nothing to do with financials.
Too bad you didn't sell half near the early peak, and then hold the rest (but hindsight is the easiest way to invest :) )
I sold 20 shares (10%) at $175 (lucky sell order triggered during a 13 second window between halts) to cover my initial investment. Sold 20 more at $150 and bought back 40 at $70. If there is a spike tomorrow I may pounce and buy the next dip.
yup, and i was knowing dumb about it and got in late. money wont matter if we dont right this ship.
DWAC is hyped more than the Arizona audit results hearing.
Lot's more HYPE to come!!!
I could only spare to throw some forgotten crypto at DWAC and cashing out my little 10 shares will probably never net much, so big kudos to those among us like you who are holding sizeable impactful amounts, you're really putting your money where our principles are, for that thanks. There is no doubt that the future media based on truth will be the way, the people demand it no matter what the globalists claim is best for us. I am holding with you.
I am holding and buying small amounts when it's down. I won't sell as I think there is great potential here.
Can someone help me understand difference between DWAC and DWACW?
Should I invest in both? Why/why not? Thanks in advance - I’m new to investing (not a trader either)
https://www.reddit.com/r/DWAC_Stock/comments/qcylhg/dwac_vs_dwacw_vs_dwacu/
This 100%. I made a rather dumb decision, I bought in first day at like $12, (only like 7 shares cause I'm broke), and then I paperhanded at literally $36, when it went to $175 the very same day.
Bought another share, and just bought a dec17th call option. I plan on selling the call for hopefully a decent profit, so I can roll that directly into more shares (hopefully getting back at least the 7 I stupidly sold).
I did buy some PHUN too.
Great post, OP, you explained it perfectly.
I bought more shares today for $60 something
Got any step-by-step process advice for normie frens like me that have literally zero stock experience? Not financial advice, just "Do X, Y, Z, then HODL."
X- My advice open a Roth account at any brokerage (Etrade, Ally Bank, Fidelity, etc.... Y- fund the ROTH ($6K max contribution per year) Z- Invest in what you believe will increase and grow in value (S&P, DOW, DWAC....)
HODL (that means don't mess with it or panic when it goes down or party when it goes up. Just Hold!)
This is just what i did and is NOT financial advice because you can loose money. (or it can go to the moon too; )
I greatly appreciate it, fren!
I’m assuming this is a 1000 bagger. I’m buying very soon.
Can someone explain to me how a stock w limited small pool of shares that's highly desired by multitudes just goes sideways except in its first like 5 hours of news?
LOL!!! If this stock is just going sideways, I would hate to see one with volatility!
66 now! But let the hype settle. It will be very volatile. But this could be bigger than bitcoin. Think about all the bitcoin traders that made money along the way. But think of those few that believed and are still holding from the beginnings. BIG DIFFERENCE!!! (BTW- I can believe in this way more than I believe in crypto investing FWIW)
Exactly. This price Flux is based on the announcement of the merger, not the actual merger, not the actual company, not the actual product. just wait until all that other stuff falls into place.
I am curious, as an investor, why wouldn't you put a trailing limit sell order on this stock by say, 10%?
Even if you plan to hold it long term, selling it on the downward trend would have allowed you to double or triple your shares at this point.
This stock will easily swing 25% up and down. It could easily drop 10% take you out and then go right back up. It is like asking why don't you just sell when it's high and buy when it's low. No one knows what the top or the bottom is. As an INVESTOR (not a trader) I don't care about the daily swings. I just care about the company. But for further study: Maybe you could ask Warren Buffet why he doesn't put a limit sell order on his stock. (hint: he's not a trader either) He has done pretty good in the market.