Are yall still buying DWAC? I'm an XXX holder now. I'll DRS my shares after they settle!
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I’m all in. Sitting on a few thousand shares.
Good to hear. Most of my cash is tied up in GME. I felt I should pump up my DWAC some after the good news in Iowa!
In the SEC complaint filing DWAC stated that the SEC had suppressed $53B in market cap. Current market cap is $645MM. Do the math if/when value is realized.
Show us the math?
53,000,000,000 / 645,000,000 = 82.17. That is your multiple for valuation. 82.17 x 20.00/share = 1,643/share. This is obviously a simplification but that’s it in a nutshell.
can you? im no good
I don't understand anything about it.
The DWAC stuff or GME?
Same. It's scary losing 50% of your initial investment.
Well, I got in on the open of IPO at 12.75 and then sold my original investment when it hit 175.00 for about 30 seconds the next day (I think, may have been the day after). Then I bought back in. I'm dollar averaged around 35.00/share right now. So, I haven't lost any money, I'm just under water on a lot of shares.
I have 3,500 shares. I don't know my average, but it's probably around $43.00. Still, I'm out big money right now. I'm playing the long game here. I feel like that hedge fund guy from "the big short" watching this super corrupt market trying to kill you resisting your bet against the market. We're literally hemorrhaging value from the SEC harassment and shorting, so I hope the long game is worth it.
Yeah, but look at what happened to the stock from the IA primaries. Think of where it can go from there.