Anyone else think monday is going to be a breakout day for DWAC>DJT?
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I think that the hedgies were trying hard to suppress the price all of Friday. It was quite high volume trading all day. They only managed to get it down 14% or so.
Keeping the price down artificially by borrowing and selling shares is expensive for them.
Can they keep it up all day Monday?
Can you share with us how/where you see this?
I'm an amateur investor but I'm holding some DWAC in a couple accounts.
And since it fell more than 14% on Friday, doesn't the 10% short rule kick in?
https://web.archive.org/web/20240124230503/https://www.sec.gov/news/press/2010/2010-26.htm
I am no expert at all, you need to wait until one comes along!
I'm sure I've seen this stock and GME drop more than 10% in a day before. Perhaps this rule is ineffective.
They are fast to halt trading if one of our stocks rises sharply though. I've taken screenshots of that before.
Anyone? There must be some wise investors out there than can provide some insight.
Meanwhile, I'm still holding.
If you are on Truth Social there is an DWAC account. It’s great and smart anons are always happy to help others learn.
I don’t have an answer for the question.
I'm holding too fren.
Shares convert at merger day. If their are to many shares, they have to buy them back.
Moon soon.
Short rule is shit, they have many ways of getting around it.
Kinda figured that but at least wanted to ask.
They are so horrible. Why is Potus working with Jeff Yass?