DWACW is sitting at $17.76
(media.greatawakening.win)
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Independence being declared!
Yes I watched it at 1775 hoping it would go up a penny.
I think I made bad investment in DWAC, but I got it know, and going to hold on to it hoping something eventually happens.
We moon soon.
Vote to merge is in a couple weeks.
I already vote.
You only lose money in stocks when you sell at a loss. Right now it’s only a loss on paper. Think of this as a time when DWAC, DWACW and DWACU are at bargain prices.
Wait until the merger happens and the stock becomes DJT.
Then see what happens when President Trump wins the election.
Even better when the controlling social media companies are exposed and crash. Then TMTG picks up the pieces - and/or adds more services. I believe they’re testing streaming right now (per some posts on Truth Social).
We’re playing the long game here. And supporting free speech. Also President Trump - one of the most successful businessmen- would not want one of his businesses to fail.
me too i got played. just like i got played by that fucking conman on youtube blowing up every single stupid pennystock there is. Wao0o0ow guyyz this is go0ing to the moooooooooooooo0000000000000nnnn meanwhile it fukin dips faster than a ship with all the fats in the back
Same with me, who ever the person was that posted on here that DWAC was going to the moon suckered me in, and in this case my wife was totally sucked in too, and encouraged me to buy, buy, buy.
Well I bought and the stock has sucked propane since. The stock person I was dealing with warned me against it but because I was stupid enough to think being a Q-board follower that I had some inside information, I through common sense to the wind. I think I have $20K worth of the shit. It want kill me to lose it all but it not chump change to me either. I could buy 10 oz. of gold with that, or 870 oz. of silver. Not that owning precious metals would have made much money, but at least it would not lose any.
Fuck me! Live and learn.
Holy shit. next person promoting a stock like that should be banned. i feel bad for you, you've got me beat bigly.
Timing is everything - I bought DWAC at $12 - sold enough to cover my initial investment at $175, sold the rest while on the way down ($85 range) and put some back in warrants which I plan to sell right before merger happens when they tend to be at their peak, based on how other recent SPACS have went. It was dumb luck on my part but some people did very well with DWAC and I'm sure more will soon. Stock tip: Buy low, sell high...
Tmtg is going to be huge.
Sweet! Could this get any better!
Yes, price could be $1776
Absolutely! 🎉
I have 1200 regular shares and I still don't actually understand how warrants work.
Can someone literally explain to me like I'm a child how a DWAC warrant will work with the merger?
Each warrant entitles you to one stock post merger if you pay the fee to convert (not sure the actual term for that) which I believe is $11 per warrant - or not convert and lose whatever amount you bought the warrant for. You'll have until sometime in 2028 to make up your mind on that unless the new company decides to call the warrants early which they have the option to do (and they usually do...). Once you convert to shares, you'll have to pay tax on any upside difference between the warrant price and the stock price as if it is regular income. That's my very basic understanding on how they work. hope that helps. You can still trade the warrant pre-merger on the open market and avoid the tax and the fee to convert (this is what I plan to do right before the merger as that seems to be when they are at their highest market value, based on recent history on SPAC mergers)
yea that's my stock and it's been red since the damn day i bought it!!
Laughs at all of you in finance degree and MBA.
Look. If you put money into DWAC it's all fine but hopefully everyone understood 100% the risk exposure with this.
I'm not even saying its necessarily a bad idea but this is one of these things where you are essentially putting your money where your mouth is.
If you bought into this assuming it was going to benefit you ever you have made a mistake and should just suffer in silence. If you bought into this knowing you were supporting a risky venture but wanted to contribute then you will not be complaing about getting duped on here or something.
Who knows what happens with this, but if you are really attempting to be financially prudent this is a very low tier investment that esposes your money to a large degree of risk for unknown reward. Simple as that.
If you want to actually invest or trade, either or, you should first and foremost understand three things
1: How the business you are investing in makes money.
2: How the business you are investing in can lose money.
3: How the busines you are investing in is going to utilize your dollar to improve number 1 or mitigate number 2.
Then charts and sentiment and all that is icing on the cake. But the main 60% - 80% of the bell curve of total thought when investing should be those 3 things.
Knowing basic finance and accounting is good so you can actually read balance sheets, income statements, statements of cash flows etc and then compare them across the companies past and then also compare there numbers across other businesses in the industry.
With all this said, DWAC never fit the bill in a realistic sense at all. But you know, I understand people like to have fun. However I don't like to see morons come here and act like they got scammed or something. Morons scammed themselves by their own ignorance is what I see. Much like the NFT thing he did.
Essentially this is a fundraising effort. You don't go to one of those dinner fundraisers to eat a $100 plate. That plate is at most $30 with the $70 going toward the fundraising. This is an understood thing. You would look retarded if you complained about your $100 lambchop with mint jelly being "not worth it". Much how many of you in this thread look retarded right now for complaining about not making money on DWAC.
It's a gesture, and it's a gesture that may turn out to be profitable for you in the long run or it may turn to shit. Who knows, but the point was never to make you rich it was to support something that you thought was worthwhile and contributing to that cause with your money. Right?
Don't be a whiny bitch on here about DWAC.
DWAC...W?
Warrants. .