DWAC - Tender Offer - Do Not Accept It
Don't Be Fooled!
It is time for a very important reminder for DWAC shareholders.
Brokers will be contacting you to relinquish your shares for a tender offer of $10. Do not accept the tender offer!!!
Every SPAC is required to broadcast to their shareholders the opportunity to trade their shares back for their original book value - in this case $10.
DWAC will be voting for merger with Donald Trumps - Trump Media and Technology company on March 22nd. The merger vote is not the tender offer. If you accept the tender offer you will be giving away your shares for $10. It is currently trading for $45.
Again, do not accept the tender offer as you will be screwing yourself.
I like AIAD and have over 1/2 million shares. It spiked up with the meme basket, and also when dwac came out. It's a tough one to hold it can spike up or down 20% in a day. And last fall it went to the expert market for a week or more when they didn't file their reports on time,it dropped to almost nothing and I couldn't buy. It's been holding a higher value since dwac went up.
Some days I have more shares than the daily volume. Volume goes from 1/2 million or so to a 100 million. It's a very risky play.
I like it, I now own 17171 shares.
I put in a limit order yesterday for 25k shares, it went up and down past my limit order 4 times for it to finally fill ,I recive 5 to 10k everytime it went past....
Never saw that before, it's dry as burnt toast right now.
Hero or zero....