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Trump's Truth Social stock (DWAC) on another tear, up over 10% today
Bigcharts ^ | 02/05/2024 | self

Posted on 02/05/2024 12:12:46 PM PST by Eccl 10:2


(Excerpt) Read more at bigcharts.marketwatch.com ...


TOPICS:
KEYWORDS: digitalworldacquisit; dwac; trump; truthsocial; truthsocialstock
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To: spacejunkie2001

“Show me where it closed at 175.”

I didn’t reference closing price.


41 posted on 02/05/2024 2:08:53 PM PST by TexasGator
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To: Dan in Wichita

“Maybe DWAC’s meteoric rise in 2024 has something to do with Trump’s odds of winning in November looking better and better.”

Nothing like the run from 10 to 175 in 2022.


42 posted on 02/05/2024 2:15:57 PM PST by TexasGator
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To: TexasGator
Nothing like the run from 10 to 175 in 2022.

That happened when DWAC first went public. Those who bought at 10 and sold at 175 did really well.
43 posted on 02/05/2024 2:36:24 PM PST by Dan in Wichita
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To: Dan in Wichita

“That happened when DWAC first went public.”

It was over a year after it went public ...


44 posted on 02/05/2024 2:53:03 PM PST by TexasGator
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To: spacejunkie2001

“when the merger happens, it jumps up and DJT is the bulk of that.”

Why did stockholders keep voting to delay the merger ...


45 posted on 02/05/2024 2:56:04 PM PST by TexasGator
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To: TexasGator

That’s not at all what happened. The merger was completely delayed by the SEC which is run by the CFO of Hillary Clinton’s campaign. The voters voted to EXTEND the time needed to get the merger done. Now it’s good through Sept 24. Merger should be done by EOQ


46 posted on 02/05/2024 3:07:09 PM PST by spacejunkie2001
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To: TexasGator; Eccl 10:2

Eccl is right. You try to pick out things to make the stock/company look bad but (respectfully) you REALLY don’t know what you’re talking about.


47 posted on 02/05/2024 3:09:53 PM PST by spacejunkie2001
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To: Tipllub

LOL


48 posted on 02/05/2024 3:10:23 PM PST by spacejunkie2001
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To: TexasGator; JonPreston

Here again, you are a clueless wonder. Why don’t you just come out and say you hate Trump? It’s clear you don’t want the details of what’s going to get in the way of your agenda.

DWAC is a spac that has NO income. They have $300m in cash that transfers to TMTG when the merger happens. They have to post every scenario in filings, as does every other publicly traded company.


49 posted on 02/05/2024 3:13:13 PM PST by spacejunkie2001
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To: spacejunkie2001

“The voters voted to EXTEND the time needed to get the merger done.”

I stand corrected. If the extension was not approved, DWAC would be liquidated and shares repurchased @ $10.


50 posted on 02/05/2024 3:13:53 PM PST by TexasGator
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To: TexasGator

you should seriously quit posting. You have no idea what you’re talking about. You try to make other posters here look stupid but you’re clearly wearing the crown with that one. DWAC went from 10-175 within 2 days or so of the ANNOUNCEMENT OF THE MERGER WITH TMTG.


51 posted on 02/05/2024 3:15:41 PM PST by spacejunkie2001
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To: spacejunkie2001

“DWAC is a spac that has NO income. They have $300m in cash that transfers to TMTG when the merger happens. They have to post every scenario in filings, as does every other publicly traded company.”

SEC has recognized the loopholes in SPAC reporting and is working to close them.


52 posted on 02/05/2024 3:19:11 PM PST by TexasGator
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To: TexasGator
I didn’t reference closing price.

Of course you didn't.

Full context is not your thing.

53 posted on 02/05/2024 3:31:40 PM PST by FreeReign
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To: FreeReign

“Full context is not your thing.”

My post was 100% accurate as stated.


54 posted on 02/05/2024 3:33:23 PM PST by TexasGator
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To: TexasGator
Full context is not your thing.

My post was 100% accurate as stated.

Sure. As was my comment about the context of your post.

55 posted on 02/05/2024 3:35:57 PM PST by FreeReign
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To: TexasGator; FreeReign

it really wasn’t. Why are you so desperate to prove your point that this is somehow a failed transaction?

The stock ran to $175 before the shorts could jump in and tamp it down.

It ran to $58 in January on the same day the biggest hedge fund was hacked, prohibiting anyone from SHORTING.

We get that you don’t like it but why all the effort to discredit it?


56 posted on 02/05/2024 3:36:52 PM PST by spacejunkie2001
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To: spacejunkie2001

“it really wasn’t.”

It was’

“Why are you so desperate to prove your point that this is somehow a failed transaction?”

I am not trying to prove it is a failed transaction. I am just pointing out facts.


57 posted on 02/05/2024 3:42:27 PM PST by TexasGator
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To: TexasGator

Why do you so frequently quibble and bicker with other FReepers? You should have your FR username changed to ‘Bickerson’


58 posted on 02/05/2024 3:45:19 PM PST by House Atreides (I’m now ULTRA-MAGA. -PRO-MAX)
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To: spacejunkie2001

“DWAC is a spac that has NO income.”

Whose value is based on a private company not required to disclose as a public company is required.


59 posted on 02/05/2024 3:45:40 PM PST by TexasGator
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To: TexasGator

you’re not pointing out any facts. you’re picking out little details that support your negative agenda with utter disregard to the big, true picture. but seriously, good luck with that.


60 posted on 02/05/2024 3:48:23 PM PST by spacejunkie2001
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