Posted on 10/21/2021 10:32:02 AM PDT by Presbyterian Reporter
New York Stock Exchange-listed shares of Digital World Acquisition Corp. — the special purpose acquisition company that announced Wednesday evening it will merge with former President Donald Trump’s new social media firm — soared more than 200 percent Thursday.
DWAC’s stock price began trading Thursday at $12.73 per share and reached as high as $33.44, up more than 200 percent, by 1:00 p.m. ET.
Shares of the company were halted for volatility at noon, with the stock up more than 134 percent. Shares were last seen trading at $31.55, up more than 210 percent.
Trump’s newly formed company, Trump Media & Technology Group, announced Wednesday evening that it plans to merge with DWAC and take its place on the public markets.
TMTG said it will roll out a new social network, dubbed TRUTH Social, which is set to launch in beta for “invited guests” next month and come online nationwide in the first three months of 2022.
(Excerpt) Read more at nypost.com ...
The Donald makin money.
Thank you so much.
Volume
374,390,979
Only 28 million outstanding shares in the float, this means it’s churning over and over again.
I can’t tell you how much I appreciate this information.
Thank you so much, Freepers!
It looks like they made the market this morning by selling their holdings, and now the shares are being bought and sold between average investors?
-PJ
I look forward to it.
O got the warrants, it’s up 2000%+
“””The Donald makin money.””””
As are the MAGA Deplorables who are investing in DWAC.
FReepers, think about this concept.
Trump starts a new social media company and the initial investors are his strongest MAGA supporters.
Trump’s new social media company is highly successful and puts a major dent into Facebook and Twitter financial health.
Trump ends up with a brand new way to communicate to his supporters and his MAGA supporters make millions of dollars.
What is not to like about this potential?
Wait till the hubbub dies down. For now its too late. Open an account somewhere sit back and watch as it plummets and then gains stability and levels off.
Todays activity was caused by those in the know.
yes, thank you for posting this, just invested!
Why wasn’t there a thread about this at 9:30 am, when it opened at $12 ?
Bookmark
yeah, sort of sad about that :(
threw a couple hundred K at it, just to see what happens.
I tried to get Edward Jones take 10K out of mt Money market excess acct and buy it this morn at $16......Could not do it because it was an Acquisition Corp and had not been “evaluated” by their experts.
I said hey, it’s my money CASH, not a margin account etc....He said it did not make a difference, they couldn’t buy it for me. Pi$$es me off, cost me 15K!!!
bfl
I recall all the political posers demanding to know why Trump was on and using Twitter. Of course most knew Trump did it to avoid the TV leftist media filtering and twisting his every comment.
You’d think all these posers would be jumping for joy that Trump is doing an end run around these leftist entities. But they’re all silent...yukyuk!
And they want us to believe that President Trump lost.
bought over 4,000 shares, just now watching it print money :)
To the unschooled, how would a $10,000 purchase rest after 5 or 10 years? I follow the Ron Swanson monetary guide.
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