As Digital World’s IPO prospectus stated, “We have neither engaged in any operations nor generated any revenues to date. Our only activities since inception have been organizational activities and those necessary to prepare for this offering. Following this offering, we will not generate any operating revenues until after completion of our initial business combination.” Have fun with that. I am with the Forbes guy on this one.
They should just buy out Gab and run with it.
Only a person or idea that investors really believe in could raise so much in such a short time.
Give it a little time, it's not about fun, it's about a speculative investment, which are not for the faint of heart.
Yes, well they have announced their business combination now. But we don’t yet know how much they will make, or even if the deal will follow through to completion. It is not a sucker bet as stated by the author, but after the initial skyrocketing it is a very risky bet.
All true. Options start on Tuesday, it might get real weird. Throw in a big earnings week. Dec vix is 19 and change. Short term is mute, things will change.