If you havent seen the movie about game stop called "Dumb Money" please watch it.
The movie is a reflection on what took place during the gamestop short squeeze. In a nutshell you had Citadel who managed the order flow for RobinHood and other brokers collude with wall street hedge funds to screw over retail. The hedge funds and citadel were losing billions on their short positions in an attempt to bankrupt Game Stop.
Retailers, led by an anon who goes by Roaring Kitty noticed the large short position on GME and started to squeeze wall street. It led to a massive move in GME which was thought to be the squeeze that would end the short and wall street.
Unfortunately the brokers at the direction of Citadel disabled retail from being allowed to open new positions on GME, killing the squeeze.
Congress even investigated the events and found no wrong doing.
Now fast forward to now. Donald Trump is going to be winning back the office. He also will have a publicly traded company after his initials - $DJT on the nasdaq for Trump Media and Technology company.
Retailers who know absolutely nothing about the stock market but love Trump, will buy this stock in a frenzy just because its tied to the greatest president of our time.
I imagine a lot of shorts who have TDS will be shorting it as well, but we know our movement is greater and those shorts will be trapped. Wall street will see this as another opportunity to steal from retail and short it as well.
End result, we will see another GME with DJT stock. It will be more powerful then GME and do you really think Trump will be siding with wall street who was shorting his company? Dont think so.
Retribution is coming. We will see the real MOASS and it will take out wall street and citadel from the game they have been controlling.
Did that movie contain that Matt Kohl's shill?
If so that's a FUDD movie, no?
And I finally grabbed a few DWAC shares, is that DJT, or do I have yet another stonk to research and buy?
I literally finally was able to get my computer share account working, and finally got wells Fargo to accept my DRS request after fucking years of nonstop issues.
Any way to DRS dwac and DJT? Or is only gme DRSable
Movie was semi-fudd in that they didn't talk about DRS. But also not fudd because they didn't imply the GME situation was over like some other documentaries. I think you can DRS every stock if I'm not mistaken.
I've read that Continental can DRS shares of DWAC https://continentalstock.com/contact-us/