Today is President's Day.
Traditionally, the Market is closed today.
https://fortune.com/2022/02/21/open-closed-presidents-day-2022-mail-banks-stock-market/
That means today's gains on DWAC and tomorrow's gains on DWAC are going to come in at the same time tomorrow.
Everything going on today is speculation, which means controlled by their algorithms and the international appeal. The US Market is not entirely reflected in the current numbers.
Since they are naked-shorting the stock, a "day off" means they cannot anticipate just how much of a splash it is going to make.
That's why Truth Social announced a delay to mid/late March and then span around and did it on the 21st like they said they would anyway. It was an easy opportunity to feint the market.
I expect some hedge funds are biting their nails right now. Tomorrow is gonna be explosive. Expect censorship and hush-hush on some people taking the window exit tomorrow in New York.
Good, I own some, I think it’s up, like 54% since I bought it.
Don't expect a return.
Treat DWAC as a campaign contribution.
Your "candidate" might not win, and sometimes that's planned.
Trump might be using the stock to torpedo the market, knowing they can't resist shorting such appetizing bait.
I have no doubt it will bounce back and be a real company/stock.
But don't rule out the possibility that the entire scheme was meant to strike at the heart of the foe with wild abandon.
Edit: In other words, HODL
Holding for 5 years minimum, I might be taking a chance, but, I think this will explode, you know that there is expecting to be a tv network too. If there is, I’m in on the ground floor. Just wish I had bought it a bit earlier, when it was super cheap.
I think the stock will do well. As traditional media companies crash due to their false reporting, DWAC will swallow them up.