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re: DWAC shareholders approve merger
Posted on 3/23/24 at 8:37 am to CajunTiger78
Posted on 3/23/24 at 8:37 am to CajunTiger78
A no revenue company with basically zero users using its product valued at 6B. Seems like a no brainer. Looks like Trump has a six month lockup on his shares until he can start dumping on his "investors".
If you make any position, I wouldn't hold it long and be left holding the bag
If you make any position, I wouldn't hold it long and be left holding the bag
This post was edited on 3/23/24 at 8:38 am
3
Posted on 3/23/24 at 8:48 am to UltimaParadox
Yes I'm talking initial pop on the news this is changing to DJT. This stock has proven time and again that it moves strongly off of emotion and news. With Trumps popularity getting stronger off of the news of the media and government continually going after him this will only give the stock a tail wind over the coming weeks and months leading to the election. This of course is my humble opinion.
Posted on 3/23/24 at 9:23 am to UltimaParadox
quote:
UltimaParadox
You should probably short it then. Also, take the other side of the trade by going long TDS.
Posted on 3/26/24 at 12:18 pm to UltimaParadox
quote:Congrats to those who are up. Here are some current fun facts:
If you make any position, I wouldn't hold it long and be left holding the bag
It costs about $6 to borrow the stock for 10 days!
It costs about $37 to borrow until the end of the year!
The $10 line puts for Jan 2025 are trading at $3!
I wish everyone luck not being left holding the bag.
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