DWAC merger vote begins soon (likely THIS week) and concludes on March 22,2024! It's the LAST step before becoming new stock market ticker symbol "DJT"
(finance.yahoo.com)
LET'S GOOoOoooo!!!
Can’t have a hostile take over if insiders own the majority shares.
Insiders+Trump supporters likely will be at 90% ownership of float soon if not already. If any nefarious elements, they are likely buying the warrants, but those are pay to play. Not rent free to make the "hostile takeover" play. Unclear if enough warrants could be purchased/exercised later to monkey things up.
Cabal preferred play for takeover/control is corporate debt, specifically senior secured or convertible debt notes. They may manipulate the stock price, but it is typically to starve the company of capital and force them to take on debt.
What about naked shorting? What about like with GameStop?
Yes, they appear to be doing this to $DWAC as well. However, $RUM now at an impossible 27% of float shorted and appears to be the current HF target. Hedge funds are likely waiting for $DWAC merger now before expending more ammo against it. If you have $RUM shares DRS them over to Computershare (transfer agent) to remove liquidity HF are using to manipulate the price.
Note that $RUM is closely allied and partnering with $DWAC, so cabal going after them as well.