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Rep. Marjorie Taylor Greene bought shares of Trump-affiliated SPAC firm DWAC
CNBC ^ | 10/27/21 | Yun Li

Posted on 10/27/2021 4:33:55 PM PDT by Presbyterian Reporter

Republican Rep. Marjorie Taylor Greene on Friday invested up to $50,000 in the SPAC stock linked to Donald Trump's planned social media platform. According to a public disclosure, Greene said she purchased a stake in Digital World Acquisition Corp., or DWAC, late last week. DWAC, which is a special purpose acquisition company, last week said it would merge with Trump's planned new social media company.

Rep. Marjorie Taylor Greene has invested up to $50,000 in the SPAC stock linked to former President Donald Trump's planned social media platform.

According to a public disclosure, Greene purchased a stake in Digital World Acquisition Corp., or DWAC, on Friday. The stake is worth at least $15,000 but no more than $50,000.

DWAC, which is a special purpose acquisition company, last week said it would merge with Trump's planned new social media company the Trump Media & Technology Group.

That triggered a buying mania among retail investors in DWAC shares over two days last week, which drove the stock up more than 800%. The SPAC was at one point the most traded name on Fidelity's platform, and the ticker DWAC has been among the most mentioned on Reddit's WallStreetBets chatroom.

(Excerpt) Read more at msn.com ...


TOPICS: News/Current Events; US: Georgia
KEYWORDS: cnbc; dwac; fidelity; georgia; marjorietaylorgreene; reddit; spac; trump; wallstreetbets; yunli
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Have the writers at the following conservative websites broken their keyboards??

I find it interesting that NONE of them have seen fit to write a story about Trump's new social media play.

Here is the list of the sites that are regularly posted on Free Republic who have remained conspicuously silent.

Townhall.com ^

the Federalist

hotair.com

PJ Media

Gateway Pundit

Breitbart

American Thinker ^

rightjournalism.com ^

Epoch Times ^

Newsmax ^

1 posted on 10/27/2021 4:33:55 PM PDT by Presbyterian Reporter
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To: Presbyterian Reporter

So? How much did Pelosi make off of her insider deals?


2 posted on 10/27/2021 4:35:18 PM PDT by Extremely Extreme Extremist
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To: Presbyterian Reporter

Good point.


3 posted on 10/27/2021 4:37:51 PM PDT by vpintheak (Live free, or die!)
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To: Extremely Extreme Extremist

How much did The Zuckster lose?


4 posted on 10/27/2021 4:39:11 PM PDT by Paladin2 (Critical Marx Theory is The SOLUTION....)
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To: Presbyterian Reporter

We are supposed to think there is something sinister or illegal about this?


5 posted on 10/27/2021 4:40:04 PM PDT by Steve_Seattle
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To: Presbyterian Reporter

What if the story was paid for by a PAC that she hacked a sack of SPAC from DWAC?


6 posted on 10/27/2021 4:41:04 PM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: Extremely Extreme Extremist

If there was some way the small investor could be first to discover what the congresscritters were buying, they could get rich quickly.


7 posted on 10/27/2021 4:41:05 PM PDT by The_Media_never_lie (If the votes are a lie, they must de cert i fy!)
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To: Extremely Extreme Extremist

If MJT didn’t buy it until after the public announcement, it’s not big deal. People like Pelosi have their spouse or other relative buy before the news is made public. That’s why they’re all multi-millionaires.


8 posted on 10/27/2021 4:41:41 PM PDT by Pollard (PureBlood)
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To: Extremely Extreme Extremist

It not an insider deal when MTG publicly invested in a publicly trade company days after Trump made his announcement.

I believe the question being raised here is: why have none of “Conservative Inc” even talked about the move by Trump?

We are getting all this news from places like CNBC


9 posted on 10/27/2021 4:42:51 PM PDT by MNJohnnie (They would have abandon leftism to achieve sanity. Freeper Olog-hai)
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To: frank ballenger

...GIGGLES...


10 posted on 10/27/2021 4:43:44 PM PDT by Patriot Babe
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To: The_Media_never_lie
If there was some way the small investor could be first to discover what the congresscritters were buying, they could get rich quickly.

Follow Nancy or Paul Pelosi's stock trades. There are groups of people who do this.

Congresscritters are the biggest insider trading crooks on the planet.
11 posted on 10/27/2021 4:45:09 PM PDT by farming pharmer (fork you :(){ :|:& };:)
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To: Steve_Seattle

Exactly. That is all this silly thing. Pelosi and her husband among many other government professional pigs have become filthy rich with insider trading.


12 posted on 10/27/2021 4:46:32 PM PDT by rlmorel (Leftists are The Droplet of Sewage in a gallon of ultra-pure clean water.)
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To: The_Media_never_lie

A congressional index fund. I like the way you think.


13 posted on 10/27/2021 4:50:08 PM PDT by Mr. N. Wolfe
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To: Presbyterian Reporter

Not seeing the news angle here.


14 posted on 10/27/2021 4:53:51 PM PDT by Romulus
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To: Romulus

I looked into it and didn’t pull the trigger and missed out on a $22000 profit. Anyone who has traded thought of it.


15 posted on 10/27/2021 4:56:36 PM PDT by ez ("Abashed the devil stood and felt how awful goodness is." - Milton)
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To: The_Media_never_lie

https://duckduckgo.com/?t=ffsb&q=trader%27s+following+pelosi+investments

Traders following Pelosi investments

There was an article about it a while back. Redditers are doing pretty good just investing in whatever she invests in. Magic.


16 posted on 10/27/2021 5:06:58 PM PDT by Pollard (PureBlood)
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To: Presbyterian Reporter

Nancy and Paul Pelosi Making Millions in Stock Trades in Companies She Actively Regulates

https://greenwald.substack.com/p/nancy-and-paul-pelosi-making-millions


17 posted on 10/27/2021 5:08:40 PM PDT by Pollard (PureBlood)
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To: Presbyterian Reporter

Good for her..she can buy whatever she wants with HER money..now let’s look into all of Pelosi and her hubby’s dealings how they got their wealth


18 posted on 10/27/2021 5:08:55 PM PDT by Sarah Barracuda
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To: Presbyterian Reporter

50k is nothing.
A used car today can easily be 50k.


19 posted on 10/27/2021 5:09:58 PM PDT by Zathras
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To: Presbyterian Reporter

Is Trump aiming to buy the media?

CNN? FOX? ETC?

That would be the ultimate revenge


20 posted on 10/27/2021 5:13:19 PM PDT by frnewsjunkie
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