EDIT
This Reddit thread does a good job explaining what's going on with TMTG
/EDIT
DWAC is up and climbing. That's why I didn't sell during the big dip not too long ago. I knew the FUD phase would scare off the paper-handers, but was otherwise irrelevant. Now it climbs... and climbs.... and climbs :)
https://www.tradingview.com/chart/guwUpEfo/?symbol=NASDAQ%3ADWAC
Anyway, in case anyone missed it back in October, this article was published on Yahoo! Finance:
https://ca.finance.yahoo.com/news/trump-tightens-grip-social-media-233404603.html
As part of an earnout clause in the deal, TMTG shareholders will receive an additional 40 million shares, based on the share price performance of DWAC, which on Tuesday closed down nearly 30% but are still trading well above the SPAC's IPO price of $10 a share.
Folks, this thing could really go off. The closeout clause seems to be a further bit of icing on this cake made of winning.
BUY AND HODL
I'm beginning to regret that I only bought 17 shares. Oh well, better than zero...
It's definitely not too late. I bought in when it first launched, but even at $71
It's going to climb even more. Anyone who bought early and plans to buy more (like me) will suffer a higher average price, but methinks this is only the beginning, so it likely won't matter.
Noticed I'm up a good bit today. Looking good here :)
I bought at 80 and I still HODL
There's plenty of room to go. Expect minor corrections along the way, but the trajectory is upward and onward. I am extremely bullish and diamond-handed when it comes to this stock and its counterparts, DWACU and DWACW. If you can't get DWACW on your trading platform, at least get some DWACU, as I believe it's a full share and a half of a warrant. Some Fren can correct me if I'm wrong, though. I"m not an investment expert, just bullish on destroying the left's vise grip on culture and media; therefore, Truth Social is a potential solution that I see great upside in.
I like your style, Fren. I think the same way. I'm only sitting on 21 but that will change immediately before the end of the week. Even if it dips again, I'll still be up, and it will go back up even higher at some point.
Joe Rogan joining and then IMMEDIATELY sh!tt!ng all over Gettr a few days ago was good to add DWAC +5 at least..
https://nationalfile.com/fugazi-joe-rogan-says-lot-fkery-going-gettr-wants-get-off-platform/
Does this mean anything for DWAC shareholders?
I'm wondering that, too. What does the earnout clause mean for existing shareholders?
TMTG is not a valid ticker symbol yet. I believe when the merger happens and DWAC is converted to TMTG, the article states there will be a bonus dividend.
I don't know when it will merge, but this Reddit post does a good job explaining things:
https://www.reddit.com/r/DWAC_Stock/comments/qkmzax/dwac_merge_date_requirements/
But who truly holds the shares, me or Charles Schwab? I'm new. Purple crayons are best. I got my shares a while back, now I sit and just HODL. But is there another step? People with GME were doing something with shares because of the shorts, but I didn't really understand it. Any insight would be appreciated.
If you wish to know more, look into something called "Computershare". You can find more information on it here:
https://www.reddit.com/r/computershare/
Thanks!
LFG TMTG & LGB, FJB
u/#topkek u/#trumptank
Is the DWACW warrants going to turn into 1:1 shares when the merger finalizes?
you have to exercise a warrant (dwacw) for 11.50 by calling your broker
thanks!
When ?
you can do it 30 days after the merger
When is the merger ?
i dont know when that will be yet
After the merger, I believe.