Welcome to General Chat - GAW Community Area
This General Chat area started off as a place for people to talk about things that are off topic, however it has quickly evolved into a community and has become an integral part of the GAW experience for many of us.
Based on its evolving needs and plenty of user feedback, we are trying to bring some order and institute some rules. Please make sure you read these rules and participate in the spirit of this community.
Rules for General Chat
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Be respectful to each other. This is of utmost importance, and comments may be removed if deemed not respectful.
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Avoid long drawn out arguments. This should be a place to relax, not to waste your time needlessly.
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Personal anecdotes, puzzles, cute pics/clips - everything welcome
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Please do not spam at the top level. If you have a lot to post each day, try and post them all together in one top level comment
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Try keep things light. If you are bringing in deep stuff, try not to go overboard.
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Things that are clearly on-topic for this board should be posted as a separate post and not here (except if you are new and still getting the feel of this place)
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If you find people violating these rules, deport them rather than start a argument here.
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Feel free to give feedback as these rules are expected to keep evoloving
In short, imagine this thread to be a local community hall where we all gather and chat daily. Please be respectful to others in the same way
I have a question. I have a few shares of DWAC (and Rumble). Do you recommend they be DRS or should they be ok. I have them in Fidelity. I'm still learning this stock thing. I have DRSd my shares of GME upon the advice of pedes here but wasn't sure if I should do this with all my stocks or just GME. I know you can't "officially" give financial advice, but any help is greatly appreciated.
Not a financial professional of any kind, just some thoughts.
DWAC is a SPAC and as far as I understand, cannot / does not need to be DRSed.
As for other stocks, DRSing them is always a good idea, but only if you are planning on HODLing them for a long time. Afaik there is no short squeeze for Rumble so this may or may not help, but if financial institutes collapse, holding the shares directly will probably make it easy to get access to them in a chaos.
Thank you for your kind response. What you said makes sense.