Anyone else think monday is going to be a breakout day for DWAC>DJT?
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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.
So if there are too many shares, the shorts get stuck, right? They have to cover their short positions and if they don't they lose everything, right?
Yes, most nights.
Short rule is shit, they have many ways of getting around it.
Kinda figured that but at least wanted to ask.