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!
So I have shares of DWAC, that I originally got at $19, yeah me:)
Can someone help me understand if I were to buy 10 shares of DWACW, what would happen down the road? Does that convert to DWAC? Will the price jump to DWAC less the 11.50. Not in trading much so don't understand the warrant aspect. Thanks for the help.