If you hold DWAC, set a sell order at something ridiculous like $10,000 per share for the next month. It will prevent shorting. Don't let the liberals make money off other conservatives!
Ignore if you DRSed.
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The average volume for DWAC is 1.2 million shares per day traded.
It is up to 22 million right now. The cabals money men are shorting the hell out of it. No one in their right mind on the patriot side is selling when we are seeing this stock shooting into orbit. This is what we have been waiting on.
I hope the shorts lose their shorts. Short selling needs to be outlawed. It was given to the cabal to screw over any company that refused to follow their agenda.
Are people shorting or are they taking profits and minimizing losses?
In my opinion they are shorting the stock. We watched it climb over $58 today, and they managed to push it back to $50.75 so in my opinion they failed. It showed a small gain even with a tremendous push against it. Volume from an average of 1.2 million to a day with volume of over 25.4 million share is not just normal profit taking.
Plus most of the people that have put their money into DWAC are Trump's patriot supporters. I am in it for the long long haul, not some short term profit that gets the highest taxes levied on it. I believe most of those invested in it are of the same mind set.
The shorts on the stock are the major banks and finance companies owned and/or controlled by the cabal. Why are they willing to risk huge losses just to screw Trump and the patriots? Well first of all it is not their money. These financial crooks are using the people's money to screw the people like they always do. Their funds are the people's investment funds, retirement accounts, etc. They don't give a shit if they lose their money.
The only thing they need to fear with a loss is that it becomes big enough their investors decide to start a class action lawsuit against them for the obvious mismangement of their money.
It dropped hard this morning, but it seems to already be fighting back. The shorts are going to get caught with their pants down. The stock will continure to rise with every state primary as Trump consolidates his advantage.
I don't know how long the big money of the cabal will prop up the loser Nimrata, but I suspect it won't be long before she tosses in the towel, and her leaving should give the stock another big jump.
DWAC transfer agent is "Continental Stock Transfer & Trust Company". Call them (800.509.5586) to verify/discuss process: https://continentalstock.com
Send a few shares over from your broker via a Direct Registration of Stock (DRS) request to broker to verify process. Get Continental account access checked and working. Verify they come across as “book” (there is currently no investment plan option at Continental for $DWAC). Brokerage address on file is what is sent over to Continental for them to send you paperwork, etc. I have confirmed it works and have all my shares except 1 now at Continental in "book".
Continental is also transfer agent for $PSQH, $SPCE and $NKLA, all also heavily shorted. Computershare is transfer agent for $GME, $AMC, $RUM, $BB, $JWN (Nordstrom), with the last one an apparent target of $GME CEO.
DRS changes ownership from “held in Trust as broker property for your benefit” (custodial) to “individually owned by account owner” (direct ownership). Equivalent to holding your own gold, silver, offline Bitcoin private wallet, cash in your private safe, or allodial land title.
Nimrata is going to stay in as long as she possibly can. They must win, somehow, at any cost. She's the Ukraine of the Republican Party.
You can't set limit orders more than x% of the current share price usually
Depends on your broker, but the theory stands.
When the stock price was just at $55, Fidelity would not let me set a limit at anything above $300. Now that would be a nice profit but I still would not want to sell it at that.
Every time everyone on this site is hyping up DWAC I buy in minutes before it tanks. Every damn time. I know damn well that I can decide how New Hampshire goes entirely based on whether I buy DWAC tonight. If I buy, Haley will do well enough that DWAC tanks tomorrow. If I don't, Trump will sweep and DWAC will skyrocket again tomorrow.
Sorry, I'm pissed off today. Still genuinely glad everyone else is doing well.
Don't trade it.
Buy it, and forget about it. Do not trade it if you don't have the patience / experience.
I haven't sold any and don't plan to. My debate is whether to buy more now or wait for a dip that may or may not come. Every, single, time, I screw up that decision.
If it makes you feel better, that happens to me with stocks too. But on a long enough time line, you’ll be up. I suck at day trading.
Its gambling. I suck at it too.
shares cannot be rehypothecated unless you have a margin or other agreement on file with your broker
Thanks for the reminder. Couldn’t do $1000 per share. Had to do $550 per share to not be rejected.
Stock noob here with a big DWAC position, If I am not DRS'd and I don't have any sell orders in, how would shorting affect my shares?
People can borrow your shares high to sell, then buy back in low, exerting downward pressure on price.
With my broker that is only allowed if you consent to it.
I was seeing a message yesterday telling me I could make money by loaning my shares, but I had to OK the loaning of the shares. Fuck the shorts they won't be getting my permission to screw this stock.
Not true. They lend your shares even if you're not in a margin account. Have we not learned from 2000 and 2008?
I'm in a margin account.
They are asking me to sign off on loaning the shares. If they have to ask me to sign off on it in my opinion that means they cannot loan the shares unless I do. If that were not the case they would not even ask.
Yea ok. You do you.
Well that's fucking lame, and if I DRS my shares they are "mine" and they are not allowed to do that?
I've heard there are delays in selling with DRS'd shares, if I was trying to sell my whole position the day of the merger quickly would DRS'ing affect this?
It depends on the transfer company. Computershare allows limit orders, several of the other do not. I have all my gme in computershare and all my dwacw with my broker. Make sure it's a good broker and not robbinthehood.
I have a lot in IRA and Roth, so my understanding is cant transfer without tax liability (Unless you can set a roth up with them) but IRAs can be borrowed from what I have read either.
Transferringwould just be to take it out of DTC name, no other benefit. I cavent checked with continemtal if they can do ira accounts for transfers.
I thought I was holding several shares, but it looks like I only have one. Still, I'll try to set that order. I know when I try the same with GME, it won't let me.
by the way, on the topic of stocks, i found a pretty good browser for stockheads: https://metadock.net windows only. Tiled browsing should have been a thing by the time these big screens came out.