What is this thread all about?
Just a place for general discussion. A place to unload whats on your mind and talk about anything - personal, health, help needed, achievements, daily highs and daily lows, theories, predictions and what have you.
Does not need to be Q related.
I just read DWAC did not get the vote to extend merger time. Stock Price is crashing.
Yes, the vote failed ("NO" on merging with Truth Social).
https://finance.yahoo.com/news/trump-media-deal-suffers-blow-162043540.html
Why? I have no idea. Maybe anti-Trump people became shareholders. Whatever the reason, it is irrelvant.
I said more than a year ago to WAIT to buy the stock, because you never know if a "what if" becomes a real deal. It might never happen. And if it does, there will be plenty of time to buy later.
But noooooo ... everybody wants to drink the Kool Aid.
NOTE: If you own DWAC, PAY ATTENTION TO WHAT IS STATED IN THAT ARTICLE !!!
Searching looks inconclusive, saying "unlikely", and "reportedly". Doesn't look like there's anything concrete as of yet...
I am thinking I might sell my DWACW today and buy a few more DWAC just to be safe lol
It is NOT "inconclusive." It is concrete.
https://finance.yahoo.com/news/trump-media-deal-suffers-blow-162043540.html
Do NOT be a deer in headlights. You all have a decision to make NOW.
(1) Get out now, or
(2) Stay in, and hope that action is taken by the company before Thursday to buy more time ... AND ... enough shareholders can be convinced sometime in the next year to vote in favor ... AND ... the merger happens ... AND the stock price heads up from there.
IF the company liquidates on Thursday (I have no idea if it will or not), THEN will it have enough money to pay shareholders an equivalent of what the share price is right now if the stock is sold on the open market?
Answer: No. It will have less than $10 per share to pay out. Do the math.
I wouldn't write it off quite yet, I'm betting on Trump's track record. Phuck it, I'm going down with the ship...
Trump has no say in the matter -- unless he is a shareholder (which I doubt).
Where did you read that?
It's not over til the fat lady sings, quite a buzz on TS if you search #DWAC
Voting is still until 11:59 PM 9/8
MSM pushing narrative...
If you're on TS, should search #DWAC and read some of the comments
Thank you!! I assume it's a great time to buy, eh?!
Same comments as on GAW?
People without a clue pushing a narrative, with no sources to back up their claims?
O....K....
Regardless, it looks like DWAC won't announce the vote results until Thursday. So anything in the meantime is conjecture and/or narrative driving.
Yahoo Finance Alert. - > https://finance.yahoo.com/quote/DWAC?p=DWAC