DWAC closes at 49.69
💰 SUDDENLY DWAC ↗️
hey fellow anons I read somewhere that trumps company has a market cap potentially of 53b dollars. today was a great day and just wondering if this is the start of the domino's falling down where things start going our way?
If they actually have a market cap of $53B, then when that materializes I can retire on my initial investment alone.
Can you Explain that like im 5 years old? I bought my shares at the very top, but most at the bottom to avg down. How does increased market cap effect your inventment?
Ok, like you're five. Roger that. Market cap = share price x number of available shares. Three days ago, at $20/share DWAC had a market cap of $650 million. Rough math means that there are 32.5 million DWAC shares (emphasis on rough math for all of this explanation). The DWAC lawsuit against the SEC alleges that the SEC has unlawfully suppressed $53 billion in market share. If we take $53B and divide it by $650 million, that's roughly 82. In other words, DWAC is alleging it's true value is $1650+/per share. So, using math from three days ago, $20ish/share x 82 = $1650. $1650/share x 32.5 million shares = $53 Billion. That make sense? I used the numbers from three days ago because I don't know if the recent jump increases the market cap another 50% or not since these things fluctuate with time.
Perfectly explained, thank you. Wow if it goes $1000+ that would be something. Not really holding my breathe but I think a few hundred is conservative in the next few years.
It all banks on the DWAC boards assessment being right. But here's the thing, I don't think we're likely to ever see that. In my opinion, I think DWAC will probably get to a couple hundred bucks when the stock market tanks and nobody can afford to suppress/short DWAC anymore. When the crash happens, legitimately valuable assets will be either greatly diminished or captured an auctioned by executive order (think about those Trump EOs Biden keeps extending). Meanwhile, doubtful the crash impacts DWAC much. In any event, when that happens you'll see DWAC do to the banks and elite institutions what they intended to do to us. Specifically, they wanted us destitute and bankrupt so they could seize our assets or simply buy them up for a fraction of their value. Instead, we'll be taking their cake. The proof for this is in the SEC filing. I expect Trump to acquire news outlets, medical facilities and hospitals, pharmaceutical corporations, law firms, social media companies and search engines, major Internet commerce (Amazon), entertainment companies, and educational institutions. When that happens, DWAC will be like Berkshire Hathaway stock (only we'll never see that because they'll keep splitting shares to keep them affordable). Any acquisition will further increase it's value. So yes, I see the potential. I guess bookmark this post to look back in five years lol.
great explanation 45ich. Insight like this is reason 4,517 why this forum is awesome. Thx from all anons!
Market cap is stock price times total number of shares.