I assume it is just the original DWAC, but would like a confirmation so my wife doesn't beat with me a shovel later if I F it up. Thanks
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In most scenarios you wont be able to take capital gains deductions. It will be ordinary income when you exercise it.
Well the best bang for the buck right now is to buy DWACW at 15.50, exercise it for a total of $27 and turn around and sell for for $53.10 - 100% profit off the bat.
Not that this gap will stick around for too long lol
It won't be income until you sell it. When you sell the stock it becomes capital gains of sell price minus basis which is 11.50 + DWACW (warrant) price you paid, so its really just more profit.
Having said that, when I expose the reality of our monetary system and the illegality that is the IRS I don't think anyone will ever pay taxes again. I know I won't be. It is completely illegal, and I will be showing it beyond a reasonable doubt.
Hmm... What I should be saying is that paying income taxes is voluntary not illegal. It is illegal to force it (as in, 100% proven in court, unconstitutional), but it's not illegal to pay it.
Ack! I mistyped. I meant to say DWACW is the best bang for the buck, not DWACU. I fixed it above.
I think it will stick around until the merger is final. It's still considered a purely speculative investment. Plus its manipulated up the yingyang. It's price has nothing to do with demand.