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!!!
Before DWACW, the only thing I knew about a Warrant was an arrest or Cherry Pie.
More seriously, can someone share what the downside is, if there is one, to DWACW? It seems too good to be true that it's trading at such a discount. Is there a reason?
What's odd too is there's no such discrepancy between CFVI and CFVIW.
The biggest downside is that you might look back in 6 months and say: "WTH was I thinking. I should have loaded the wagon!!!" LOL! Also, see my word of caution in the discussion thread above or below.
If things go sour and TS doesn't work out as planned, I won't be able to afford gas for my wagon.
Thanks for the thoughtful reply. On paper, it's hard to find fault with DWACW.
Optimistically, devolution kicks in, Trump returns, and the IRS is shut down on April 15, 2023.
The downside to warrants in general is that if the merger doesn't go thru your warrants are worthless and there goes whatever money you spent. Most people try making money off warrants by buying them right away and selling right before a merger, when theyre usually selling at the highest. For dwacw the only downside for me will probably be not buying as much as I should have at first.