HODL is term popularised by the WSB crowd, I believe. It stands for "HOLD" but with such vehemence that you will never sell it and you believe it will go to the moon.
DWACW is a warrant. For each DWACW that you have, you can exchange it for a DWAC by paying an additional $11.50. You can convert it anytime untio 2028.
So essentially, if you buying the option to be able to buy DWAC at a fixed price in future.
What does HODL stand for? I would buy some DWACW but I don't understand what it is?
HODL is term popularised by the WSB crowd, I believe. It stands for "HOLD" but with such vehemence that you will never sell it and you believe it will go to the moon.
Holding On for Dear Life
Ah, never knew the origin. I just assumed someone mistyped HOLD as HODL (like Doge) and it went viral!
It was a typo,that went viral from what they say on superstonk.
Got it, ty.
Diamond hands.
DWACW is a warrant. For each DWACW that you have, you can exchange it for a DWAC by paying an additional $11.50. You can convert it anytime untio 2028.
So essentially, if you buying the option to be able to buy DWAC at a fixed price in future.
So even if it would go to $500 a share you can buy it for that $35?
Yep, thats the idea.
Thank you very much. I will buy some tomorrow.
Hold On for Dear Life!