Kerrisdale capital has taken a short position against DWAC, you may have noticed the stock fell $7 the other day. Kerrisdale says DWAC doesn't have the "infrastructure necessary to function as a public company." (Oh really?)
https://www.kerrisdalecap.com/wp-content/uploads/2022/04/Digital-World-Acquisition-Corp-DWAC.pdf
Nunes announces " We have a new state of the art data center, separate from big tech platforms, and no one can cancel us."
https://rumble.com/v11vaex-nunes-gives-major-update-on-truth-social.html
Two key tech execs quit Truth Social after troubled app launch. Also, the SEC is investigating DWAC. (Oh no!!!)
Both techs have not responded for comment. (Most likely because they got shitcanned for screwing up the rollout)
The article also says "The SEC has not addressed the nature of the inquiry and did not respond to a request for comment" (You want to know why? Because its a bullshit investigation.)
After painting and doom and gloom picture the article says, "The deal is under scrutiny by the Securities and Exchange Commission and is likely months away from being finalized."
Do you see what the industry is trying to do? They are trying to sabotage DWAC and guess what, it isn't going to work.
You would have thought these hedge funds would have learned their lesson with GME and AMC. Right now the price of DWAC is a low $38.00, its time to scoop up some more shares dirt cheap. Lets send the stock price back up. I just purchaed another $1000 worth myself moments ago.
I do not have any doubt Trump will get this accomplished. All these hit pieces coming out is intended to dissuade investors. Do not listen to them. Lets take the bastards over at Kerrisdale on a expensive ride to the moon while we built up our new platform. Buy and hold!!!
Agreed. A little nervous because I’m waaay in and about to go deeper, but if they’re fighting this so hard? Like you said, you know what to do. There is no limit to how big this can go. My faith and trust is in Christ Jesus but I believe Donald J Trump, our GEOTUS, was anointed for this job. No way is he going to lose anything
There with you. You shouldn't take investment advice from me. That being said, if the gamestop saga taught me anything, it's that if they are trying to manipulate and short a stock, you need a group of madmen to buy and hold that shit with the strength of Lenny petting a bunny. Let them shoot all their arrows, we shall fight in the shade.
You're anon so give all the financial advice you want.😂
I have about $25,000 invested in DWAC, DWACU & DWACW that I'm just considering gone because I'm not pulling out. As someone quoted on here once, "I consider ownership of those stocks as proof of patriotism". If they start rallying then so much the better!
No worries, you will get back in the green soon enough. The stock will take off even more once Trump+ gets up and running. I only have 90 of the class A, 40 units and 40 warrants, I only have $3000 invested. I look at my list of positions on Fidelity and they are all red. Lost almost $5000 in my 401K yesterday. Only thing up is my GME.
I imagine the 401K's will take a nosedive here in the near future. Once we go into a hyperinflationary period and the Federal Reserve is dismantled, the market and the people's retirements will get destroyed. I'm pretty sure Trump is working on a new reserve currency and when he is back in office things should take off. He keeps telling us, "I think the people will be very happy" . Well, the people won't be very happy if they lose half their retirement money so that tells me he has something planned.
Gamestop will take us to the moon.
Will get some more shares when market opens. Hodl. Have 100 Dwac and 100 dwacw.
Im holding......
I started with 10 and now I have 41 shares! I'm so happy. Keep it up hedges! Thanks!
I wish I had the large purchasing ability as some! I’m up to 21 shares investing weekly and I’m loving this extended dip. My money is going significantly father at this point in time in long term share building.
Thx fren. Just told my hubby to throw some more money into our stock portfolio.
I'm buying at least 40 shares when the market opens
Thanks for the reminder! Just bought some more!!
I've been putting all my money into buying physical silver. But every cheque I buy a little DWAC also, I only have 27 shares (average is $60), I dont have too much on the line like some of you, but I just assume that the money is gone, and I wont sell. I knew the manipulations would be horrible. This is Trump we are talking about lol.
But we have to realize the shorts are gathering, and when the Android/web version is announced things will take off again with a nice short squeeze.
hold and wait for the algo to fauck up.. of course the sec will just hit f3 or some shit then kick the can down the long winding road...
Anyone know who the transfer agent is? Let’s get these puppies direct registered.
Not possible right now,after the merger DRS the new stock.
I dont have a lot. But I keep adding.