Just received this email. Looks like DJT warrants can now be exercised !
(www.globenewswire.com)
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Saw that yesterday, they smashed the price on the news.
Wish I had money to buy the dip.
Buy the warrants close to 10 and sell close to 25, you can build up the war chest. I did a couple of times.
Does this stock need to be DRSed like GME?
Yes, IMO DRS all stock you plan on actually owning and not just trading.
DRS removes a lot of the fuckery that comes with brokerages like ownership (street naming, buy/sell halts by the brokers, share lending to shorts), as well as removes the need for SIPC to bail you out if your broker goes insolvent, since the stock transfer agent only keeps track of who owns it, not takes active positions in the stock.
You give up the ability to easily get in and out of the stock, so it's not great for the purposes of day or short term trading, but IMO the ownership issue outweighs that pretty significantly.
You are unable to sell in pre and post market with CS. I got 1500 in fidelity amd 95 in CS. Rather be able to sell on spikes and buy more when it gets shorted back down.