Anyone else think monday is going to be a breakout day for DWAC>DJT?
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (20)
sorted by:
Anyone else think monday is going to be a breakout day for DWAC>DJT?
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.
I'm holding too fren.