Just curious if DWAC is a good buy at the moment. Looking to pick something up.
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (18)
sorted by:
DWAC ain’t shorted 1 billion shares. Buy GME, direct register at least a portion of it, and hold. The potential squeeze is worth whatever risk you are willing to take. Not to mention they are debt free, have a billion in cash, and are being led by a guy who seems to hate the establishment financial fucks as much as we do.
I would go so far as to say he is part of the plan.
It just registers the stock in your name instead of the DTCCs. If you read the find print, brokers may sell off your positions at any point due to market instability or other reason. If you are holding for multi million dollar payouts that’s not what you want. The only way to truly control your stock is to have them in your name.
Many are concerned that some brokers are never locating or buying your stock at all. Thus, you only ever owned an an IOU. When this shit explodes, brokers who never bought the shares are fucked. You would be as well because trying to find shares at this point would be impossible.
Research it more, but it is basically an insurance policy. If your broker shut off the buy button in Jan 21, I would be very suspicious. I don’t know if you can trust any of them honestly as they all have done or have been associated with shady shit.