DWAC had it's HIGHEST closing price ever yesterday. Today may quietly break that record AGAIN!
LET'S GOOoOo
TRUTH SOCIAL is slowly and methodically rolling out. Almost as if under the radar with all the things going on in the world. But on a big down day in the markets yesterday, DWAC closed at a NEW all time high closing price. Sure it hit 175 mid-day on 10/22/21. But the closing price on 10/22/21 was 94.20. Yesterday's close was 95.10. Today may even be higher?!?!?!????? HOLD THE LINE!!!
FWIW - I think DWACW is the best deal going right now. These are warrants for the stock which basically give you a 5 year option to buy the stock at 11.50 per share, The warrant can be sold right now but not exercised until around Sept 2022. They are trading at a huge discount right now and as soon as I get some more $ I am buying more!!! So please DON'T spread the news about this just yet! LOL!!!!!
Where would you recommend someone begin reading/learning about warrants? They are a little daunting to someone with no experience in this area; I'm worried that if I get some dwacw I won't be able to exercise them properly or at the proper time, I just don't know much about them at all. Ive got 13 shares of DWAC that im holding on to, but would love to throw some DWACW in there
Search "SPAC warrants" for a lot of info about warrants in general. They are all very similar. I think there are some good videos on youtube about DWAC warrants as well.
How / When do you exercise warrants? Do you just call your broker? Can it be done online? I thought the time limit was a month after the merger happened.
Time limit to exercise is 5 years. The exercise happens either 30 days after merger or 1 year after announcement (whichever is later). That is why I believe people have said around Sept 2022. You do not have to immediately exercise your warrant (you have 5 years). But when you want to exercise it, contact your broker on how to do it and they will guide you.
The warrants were up to $33 at one point in premarket but now back down to $27. I am continuing to hold both.
Wow! They were 50 cents opening day! Tried to by some but weeble wouldn’t sell it.
Damn. 5,000 to almost a mil…..nice.
Wow. Reminds me of the time I had 100 dollars of Bitcoin in my cart and decided not to buy. It was 3 dollars per coin the .
NO! They are like CHEAP deep in the money options
BINGO! (except conversion is only 30 days after merger or 1 year from DWAC starting which is Sept 2022 sometime - whichever is later. But I can wait. The MATH still applies!!!)