I'm don't think you want to buy it this week. Wait for a dip, but caution, my fren, you will be emotionality invested and that usually spells loss. However, it's highly volitile and serves as a great covered call play. This is not financial advice, and for transparency, my position is 100 shares @$55.60. I've got a covered call contract out expiry 1/21 @ $55 strike. I will most likely be rolling this up and out for a few months to regain higher ground on the strike. But you can almost always roll up one or two strikes for the following week on Friday just after lunch.
If you want a piece of the action at a lower buy-in, try PHUN, CFVI, MARK. These are most certainly future cogs in the machine that DWAC seems to create, which is planned to be all zipped together and repackaged as TMTG with Truth Social being the central product of said corp
I just sold it today with a 100% profit. I’ll buy for the long haul once the volatility settles down. I could see it crashing when a server gets shut off or legislation gets pushed for censorship.
I am not a financial adviser. I can only tell you how I think about this for myself.
I am financially stable, it wont affect me too badly if I lose a bit of money. I believe in Trump and I believe that he will be able to deliver Truth Social that works really well. I also believe in this cause, and I believe Truth Social will help with the Great Awakening. Hence I spent an amount of money I am willing to risk completely to purchase DWAC.
Next question is whether to buy DWAC or DWACW. DWACW costs less than DWAC, but it gives you the option to turn in for a DWAC share by paying $11.50 on top. You can check the stock prices of both, confirm this info with your brokerage and decide whether to buy DWACW or DWAC directly.
I personally believe that buying DWAC is like buying shares in Google or Amazon or Facebook when the shares were just released. If this were not the case, I wouldnt have bought them, even if I felt they were good shares.
Final thing to keep in mind - DWAC shares dont have any inherent value as yet, until TMTG merges with DWAC and releases the Truth Social platform. However, if and when that happens, you can be sure that the price of the shares would be much higher than now. If that does not happen, you will lose pretty much all the money you invest.
At the end of the day I just really want to see FB taken over and repackaged as a shiny new Truth Social, maybe it could be meta-wide and Instagram could actually be cool again, probably just PIPE dreams 🤷🏼♂️
Lol but this being a research based board, I agree with the sentiment of Swervish, I also want to add.. we are not “Apes” and this isn’t Reddit.
Trade at your OWN risk
Maybe. Maybe not.
I will speak plainly as a person who used to hold a series 7 FINRA license:
NEVER take investing advice from an anonymous source.
Either go hire a professional (after interviewing a minimum of 3) or learn what you need to know to answer your own questions.
Ok thank you
Youre welcome.
Take it to heart.
I remember seeing your post from a few days ago on what decade.... youre a 20 something.
GOAL#1: own a home with land, free and clear. This investment will NEVER be a mistake. And small is better than none.
I'm don't think you want to buy it this week. Wait for a dip, but caution, my fren, you will be emotionality invested and that usually spells loss. However, it's highly volitile and serves as a great covered call play. This is not financial advice, and for transparency, my position is 100 shares @$55.60. I've got a covered call contract out expiry 1/21 @ $55 strike. I will most likely be rolling this up and out for a few months to regain higher ground on the strike. But you can almost always roll up one or two strikes for the following week on Friday just after lunch.
If you want a piece of the action at a lower buy-in, try PHUN, CFVI, MARK. These are most certainly future cogs in the machine that DWAC seems to create, which is planned to be all zipped together and repackaged as TMTG with Truth Social being the central product of said corp
I just sold it today with a 100% profit. I’ll buy for the long haul once the volatility settles down. I could see it crashing when a server gets shut off or legislation gets pushed for censorship.
I am not a financial adviser. I can only tell you how I think about this for myself.
I am financially stable, it wont affect me too badly if I lose a bit of money. I believe in Trump and I believe that he will be able to deliver Truth Social that works really well. I also believe in this cause, and I believe Truth Social will help with the Great Awakening. Hence I spent an amount of money I am willing to risk completely to purchase DWAC.
Next question is whether to buy DWAC or DWACW. DWACW costs less than DWAC, but it gives you the option to turn in for a DWAC share by paying $11.50 on top. You can check the stock prices of both, confirm this info with your brokerage and decide whether to buy DWACW or DWAC directly.
I personally believe that buying DWAC is like buying shares in Google or Amazon or Facebook when the shares were just released. If this were not the case, I wouldnt have bought them, even if I felt they were good shares.
Final thing to keep in mind - DWAC shares dont have any inherent value as yet, until TMTG merges with DWAC and releases the Truth Social platform. However, if and when that happens, you can be sure that the price of the shares would be much higher than now. If that does not happen, you will lose pretty much all the money you invest.
Look up TMTG investor presentation and make your own informed decision. I did, and I bought, then I HODL
https://www.globenewswire.com/news-release/2021/12/04/2346139/0/en/Trump-Media-Technology-Group-Corp-and-Digital-World-Acquisition-Corp-Announce-1-Billion-PIPE-Investment-in-Committed-Capital-to-Fund-Business.html
At the end of the day I just really want to see FB taken over and repackaged as a shiny new Truth Social, maybe it could be meta-wide and Instagram could actually be cool again, probably just PIPE dreams 🤷🏼♂️
And the you buy MOAR, and the you HODL.
Lol but this being a research based board, I agree with the sentiment of Swervish, I also want to add.. we are not “Apes” and this isn’t Reddit. Trade at your OWN risk