Ryan Cohen (GME) posted “TRUMP” 665 times this week. DJT market cap is $6.65 billion. What is RC hinting at?
(media.greatawakening.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (11)
sorted by:
how much are the warrants....do you have a link to where you can buy?
Typically they trade around $11.25-$11.5 below DJT because you have to pay $11.50 per warrant (to broker or transfer agent) to convert to a share. They trade just like stocks (self-service warrants), and can be bought via a typical broker such as Fidelity using DJTWW symbol. I buy shares (DJT) as well and then plan to sell shares to convert warrants and pay any taxes (capital gains on warrants post exercise) owed at that time.
https://sg.finance.yahoo.com/quote/DJTWW/
so its just a way to have less risk for more potential gain ?
Just cheaper right now. If stock goes up dramatically then bigger capital gains at conversion and cost is still just $11.50 per to convert. Just a way to push out conversion cost and capital gains into the future at this point since conversion is permitted now.
Purchase and DRS of the shares may have bigger nearterm positive effect on potential short squeeze.