That's DWACW!!! Legal statement: This is not to be construed as financial advice, blah, blah, blah.......
NOTE: End of day DWAC closing at NEW all time CLOSING high 3rd day in a row. But DWACW is down 5%. This makes no sense?!?! However one explanation I heard is that a BIG short probably tried to hedge by buying warrants and shorting DWAC. Now they are squeezed and buying to cover DWAC and selling DWACW. Whatever the cause - it is a GIFT!!! GLTA!
If you are gonna panic like this guy.... PLEASE do not even look at the warrants. PLEASE do your DD. Yes it is like an option. Yes if you don't exercise in 5 years it will expire..... 5 YEARS!!!! Folks it is not that complicated. Warrants are not trading at parity yet. But they will ......... soon. If you are gonna HOLD and not trade....warrants are the best deal right now with DWAC. With ANY investment (stock or warrants) you can loose it all. But I personally am all in with DWACW!
I have 174 of them..
This might be up there with "Get your vaccine now for the greater good" as the worst advice ever given.
The merger has been announced. It is no longer speculative. DWACW will be worth DWAC - 11.50 come september (likely long before). They are on sale atm. There is no reason to not buy them.