Skip to comments.Rep. Marjorie Taylor Greene bought shares of Trump-affiliated SPAC firm DWAC
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.
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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.
American Thinker ^
Epoch Times ^
So? How much did Pelosi make off of her insider deals?
How much did The Zuckster lose?
We are supposed to think there is something sinister or illegal about this?
What if the story was paid for by a PAC that she hacked a sack of SPAC from DWAC?
If there was some way the small investor could be first to discover what the congresscritters were buying, they could get rich quickly.
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.
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
Exactly. That is all this silly thing. Pelosi and her husband among many other government professional pigs have become filthy rich with insider trading.
A congressional index fund. I like the way you think.
Not seeing the news angle here.
I looked into it and didn’t pull the trigger and missed out on a $22000 profit. Anyone who has traded thought of it.
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.
Nancy and Paul Pelosi Making Millions in Stock Trades in Companies She Actively Regulates
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
50k is nothing.
A used car today can easily be 50k.
Is Trump aiming to buy the media?
CNN? FOX? ETC?
That would be the ultimate revenge
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