I mean, people are already arguing with bots on twitter and reddit (something those companies use to control narratives). This was one of my biggest fears with TS was how they would handle those bots. Hoping this is the reason for the delayed entry.
I was always android because I like to tweak and modify things. However, I saw Apple the lesser evil of Google and put my money where my mouth is and made the switch. Apple is trash but Google is rotten evil to the core.
Pedes keep you eye on news of the upcoming Tesla phone. I will gladly ditch Apple for Tesla.
Even pros make the wrong move. That is why the decision on where to invest needs to be yours alone. No one can predict what will happen with DWAC.
I am no pro, but I view DWAC as a long term hold. Things may change. However, the marketcap it could capture can be huge. TS right now is a twitter like app but they are wanting to get into streaming service (netflix) and other things. I personally think it would make sense to get into payment processing like paypal. Loads of potential and long term returns.
Just think of Apple, in 1980 you could have a handful of shared for $22 each. Today those shared would be worth north of $25,000 each due to all the stock splits over the years.
Warrants are only good if you are going long.
They can only be converted to shares 30 days after the merger or after 9/29/2022 (whichever happens LAST).
If you are buying to sell once the stock explodes, then warrants are going to tie your hands on that. If you want to get your hands on as many shares as possible, and sit on them for years and hope to go through a few stock splits and be sitting on a $1000+ a share years down the road, then warrants should be very attractive. This is not financial advice.
Dip is relative.
Last month it hit the 70s and dipped in the 60s. Now $60 prices are gone, now we are in the $80s and dipping into the $70s. As we get closer to end of Q1, I believe the $70 prices are going to disappear and we will be in the $90s dipping into the $80s. This is not financial advice.
Also The Feb 21 release date is Apple not TruthSocial. Where they got that date, nobody knows, but Nunes has been in the news both last week and this week saying the launch has always been "end of Q1". I believe Nunes over Apple store.
That was the first day it launched. From my point of view, I got in @ $62 a share and not doing too bad a month later. DWAC is a long term investment. IF it's successful it's market share is going to be worth more than the current $85 a share or it's all time high of $175. Maybe we can revisit this conversation in 2025?
Warren Buffett would counter and say you do go heavy on one thing when you know it's going to be good. He said that is more effective than diversifying (I think his words were, any idiot can diversify). I see his point, but to your point, yeah if you don't know what you are doing, going in on one thing could be disastrous.
I went from 10k to 100k. Visible sadness.