If you buy and hodl, you will be rewarded for your efforts bigly!
(media.greatawakening.win)
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Thank you very much, I'm quite adept at software development and engineering, but I'm an economical illiterate. That is also why I don't invest in more than I can afford to lose.
So when it reaches that high for a while, that is when I sell to avoid diluting my investment?
If they do a 2:1 split at $80/share and you have 200 shares, you would likely end up with 400 shares worth $40/share so essentially a wash.
The lower per-share price tends to drive demand and values higher over the next year or so. In my opinion I’d be thrilled with a stock split post merger.
For regular shares (not warrants, not sure about DWACU), if the merger fails to go through you will be compensated $10/share (the initial offering price). You’d lose any spent money over the $10 mark though.
ThanQ, good explanation.
I can't answer that - that would be up to you.
I think it is best to look at DWAC as a long term hold, and not worry about the fluctuations. If you are looking at trading it, instead of investing in it, then yes, get a nice gain and go... but then you are paying short-term capital gains tax.
Warren Buffet is known for saying when he is asked "When should I sell stock in a good company?" He replies, "Never".
Gotcha, thanks again.
(I still think the best investment any of us will ever see, is the GME squeeze).
If you've been following that, you know what I mean. I believe the squeeze has been designed from the ground up to do what it is doing - knock the banking cabal on it's ass.
If you are aware of the phrase "diamond hands", then look at this image closely...
Diamond hands:
https://imgur.com/a/OA4qCdH
Nice pic, have seen it before. I have 2 of GME, not much but did not get in before it reached something like 90 (also have a few AMC). My intention was exactly to have diamond hand, as you say (yes heard that expression).
I'm not the big gambler. If these stocks go to zero I'd say "meh, it was fun to follow". If they go sky rocket, it's icing on the cake.