I see headlines like:
DWAC Stock Forecast: DWAC Rises 5%, back above $70, Will it Breach $90 this week? (03/22)
Digital World Acquisition Corp Is Ripe for Profit-Taking as the SPAC Date Approaches (4d ago)
Seems optimistic, but not sure what it all means.
Isn't it really just a game where we only have illusion that real world events control price.
Welcome to the game. I'll summarize briefly. Large hedge funds have been abusing some vestigial organs of the financial system in order to manipulate stock prices. People are waking up to this and are taking active steps against it. We're identifying where the hedge funds are overleveraged, and we're banking on margin calls. When they're forced to close their short positions, share prices of these overleveraged positions will skyrocket. Last I checked, DWAC was short sold by about 55%. That's huge. Years ago, Volkswagen experienced a short squeeze with significantly lower short interest.
I'm sitting on 75 shares of DWAC and holding. Once the Android version launches, we should see another surge in price. This is a company that could easily hit $200/share on a fundamental valuation. If we see a short squeeze, it could go higher. Be patient. It could take years to see a return.
Thanks. At least give me hope I'm not like to open the paper and see the headline that DWAC just became worthless.
I have around 350 shares. I'm holding on until the end.
Agreed and well said. We have another buy opportunity right now. Waiting until Friday afternoon.
How many remember Google at under what DWAC is today?
DWAC is a long hold position for the win. If I didn't believe that I wouldn't have almost 40K sunk into it.
We sunk 60K into it. Hopefully it won’t be on too long a hold… we’re getting old
Stocks will all be crashing to zero. the Money infrastructure and all of it's satellite scams and hypothecated promises will be worthless - and very soon.
The current battle will decide what happens then ?
The War is already won, politically, now we are at the stage where the unaware will be brought on-board.
DWAC is mean't to take over the assets of the legacy "social media" and build some new toys. As a principled organisation, existing share holders would be made whole, if for nothing, for having their faith in it's creation.
That's just my view.
Your view is as likely right as the next guys.
Thanks.
I keep buying, a little at a time.