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DWAC Stock: What Digital World Acquisition Bulls Are Saying as Share Climb Today
msn.com ^ | 1/18/2022 | William White

Posted on 01/18/2022 9:05:47 AM PST by Presbyterian Reporter

Digital World Acquisition (NASDAQ:DWAC) stock is rallying higher on Tuesday even without any recent news from the special purpose acquisition company (SPAC). Digital World Acquisition is a SPAC set to merge with former President Donald Trump’s media brand and take it public. While there’s no news from DWAC today, we’ve seen unexplained rises in the stock before as it’s become similar to a meme stock prior to the merger. Keeping that in mind, here’s what some investors have to say about DWAC stock today! DWAC Stock Twitter Chatter $DWAC We told you the Trump pump ⛽️ was a real 1. https://t.co/uGE64zlhFu 3 Stone Moissanite Rings - Low Price Match Guarantee Ad luxusmoissanite.com/three stone 3 Stone Moissanite Rings - Low Price Match Guarantee — GreenwoodStocks🚀🚀🚀 (@greenwoodstocks) January 18, 2022 $DWAC a different breed man. $PHUN following 🙂 https://t.co/OGuACFRAlu — Mac Zorris (@MrMacZorris) January 18, 2022 $DWAC Looks like it broke major resistance and forming a new breakout candle, next leg up is $90s as per chart pic.twitter.com/0ZnVdGIWZE — JoeAlerts (@joealertz) January 18, 2022 $DWAC UP 15% SO FAR TODAY pic.twitter.com/cY8kRCmLmB — Gurgavin (@gurgavin) January 18, 2022 $DWAC THE GAMES BEGIN 💹⬆️ https://t.co/3tm4jWxFK3 — pete ( investor ) (@stckcalls) January 17, 2022 7 Long-Term Stocks to Buy and Hold Until 2030 The rise in DWAC stock today also comes without heavy trading of the shares. As of this writing, some 8 million units of the stock have been traded. To put that in perspective, the company’s daily average trading volume is above that at about 18.5 million shares. Before investors go picking up shares of DWAC stock, they should do their due diligence.

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


TOPICS: News/Current Events
KEYWORDS: digitalworldacquisit; dwac; trump; truthsocial
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DWAC was languishing at 50 bucks a share until Devin Nunes took the helm as CEO of Trump's new digital platform.

When Nunes came on board, DWAC has been up-up-up since then.

DWAC DIGITAL WORLD ACQUISITION CORP CLASS A COM $81.7191+10.8391 (+15.29%)

1 posted on 01/18/2022 9:05:47 AM PST by Presbyterian Reporter
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To: Presbyterian Reporter

Been averaging in with small buys from 100 down to about 50. I’m not risking a lot of money but it’s still good to be positive. Let’s goooooo!


2 posted on 01/18/2022 9:17:22 AM PST by ArcadeQuarters (Remember the 2020 backstabbers. No more RINOs ever!)
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To: Presbyterian Reporter

I bought it at around $13 and some more at around $20.

So far, so good.


3 posted on 01/18/2022 9:18:45 AM PST by jacknhoo ( Luke 12:51; Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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To: Presbyterian Reporter

FRFriends,

I know its a touchy subject, but maybe ask around about investment strategies if you consider DWAC.

Is there an investment forum on FR?

Never heard of one, but I think this is one of the things technology has definitely changed in the past 2 years.

Everyone can trade using cellphones now.


4 posted on 01/18/2022 9:23:52 AM PST by Bayard
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To: Presbyterian Reporter
Hmmm, I wonder if there's room for a social media company that does not censor certain political views?

It's amazing how many Wall Street "analysts" can't see the potential upside of such a company.
5 posted on 01/18/2022 9:28:54 AM PST by Dan in Wichita
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To: Dan in Wichita

the devil has deceived them.

I bought in for exactly that; there is HUGE room for a media platform that isn’t tossing us into the trash heap of history simply because we are Christian or Conservative.

I think this will be gigantic!


6 posted on 01/18/2022 10:07:30 AM PST by spacejunkie2001
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To: Presbyterian Reporter

Friday I sold ALL my holdings (close to .5 mil) with the exception of DWAC (30K). Been feeling pretty hinky about the markets for a week now.

Appears I may have done the correct thing on both counts.


7 posted on 01/18/2022 10:12:40 AM PST by traderrob6
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To: traderrob6

“””Friday I sold ALL my holdings (close to .5 mil) with the exception of DWAC (30K). Been feeling pretty hinky about the markets for a week now.

Appears I may have done the correct thing on both counts.”””


Congratulations. And did you also notice that TWTR has set a 52 week LOW today????

Trump is doubly pleased today!!!!


8 posted on 01/18/2022 11:02:20 AM PST by Presbyterian Reporter
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To: Presbyterian Reporter

No, but that warms my heart as well.


9 posted on 01/18/2022 11:18:48 AM PST by traderrob6
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To: traderrob6

I just sold 3025 shares at $90. I am sure news is coming out and it will go higher but, in 2 trades, I’ve made about $190k so I do plan on jumping back in


10 posted on 01/18/2022 11:57:38 AM PST by spacejunkie2001
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To: spacejunkie2001

I’ve entered into a Securities Lending arrangement with Schwab over my DWAC shares, and they’re dishing me an additional — now — 32% interest.

OBVIOUSLY there’s pressure to get shares; it all makes me wonder if there’s not a large group setting up a short squeeze to try to bury Truth Social at some critical inflection point.


11 posted on 01/19/2022 11:08:49 AM PST by HKMk23 (The right of freedom of religion shall not be derogated even if the life of the nation is at stake.)
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To: HKMk23

incredible. I’m sure you’re right too about the short squeeze. the enemy is coming after Trump from any and every angle.

I’m glad (for now) that I got out yesterday at $90 but I do want to get back in. I love the idea of a conservative platform that competes against the radical left. there’s a huge demand for this so let’s just hope they really do it right and it’s a flagship platform


12 posted on 01/19/2022 12:07:32 PM PST by spacejunkie2001
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To: spacejunkie2001

DWAC is high profile enough that I’m half expecting a band of Redditors to sweep in a trash the plans of the short sellers, JUST because they CAN.

Of course, the other action I have a chunk of is CFVI; they’re still percolating along. Probably grab some more.


13 posted on 01/19/2022 11:05:03 PM PST by HKMk23 (The right of freedom of religion shall not be derogated even if the life of the nation is at stake.)
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To: spacejunkie2001

The aside mention of AIAD got me looking into them.

~$22M+ market cap. Penny stock trading in the low 0.2xx at the moment. But linked into the discussion of DWAC, CFVI, Rumble, and the eventual bits and pieces of what Trump is working to put together as — not merely a Twitter competitor, but a whole alternative suite targeting YT, Google Ads, and the whole of cancel culture.

So, I threw a couple of c notes at it, and we’ll see where it goes.


14 posted on 01/20/2022 11:51:27 AM PST by HKMk23 (The right of freedom of religion shall not be derogated even if the life of the nation is at stake.)
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To: HKMk23

Nice, keep me posted. I still don’t have my arms around the likelihood of this closing and switching from dwac 2 t m t g. I also haven’t seen the S4 which I thought was supposed to be out by now


15 posted on 01/20/2022 12:54:25 PM PST by spacejunkie2001
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To: spacejunkie2001

Cool thing about the penny stocks is you can feel a little more bold ‘cuz control of thousands of shares is in the hundreds — not hundreds of thousands — of dollars. It’s like you’re playing with your “mad money” out of the mayonnaise jar on top of the ‘fridge, so you can relax and have some fun.

Of course, I’m not a Day Trader, to begin with; I buy and hold for the long game. That’s a negative, because I’ve left money in the table, before. I bought into airlines in the bottom of the Big Dip in 03/20, and they roared back. At one point I was up over 120%, but they’re up less than 100% now. I’m still in the black, but...just an example of how things can go in the long game.

That whole business of watching a team of indicators trying to time an exit, whether and when to get back in... I haven’t done it enough of where I can be stoic about results. And if you can’t be pretty stoic about your results, sooner or later you’re gonna blow out your aorta.

I’m ALMOST to where I can play in four figures and not care too awful much, but...baby steps.

One really cool thing happened today:
I ran some performance analysis on my portfolio, which is postured very aggressively — I’m right in there with the risk/return of the ideal aggressive portfolio. So THAT felt great.


16 posted on 01/20/2022 8:48:50 PM PST by HKMk23 (The right of freedom of religion shall not be derogated even if the life of the nation is at stake.)
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To: spacejunkie2001

So, AIAD is getting more solid footing underneath it; not doing the typical OTC stock gandy-dance, but building out to be a “real” company. These guys are going the less traveled route; playing the long game for permanence in the marketplace. They’ve got CAT as a client, and are working directly with the two largest CAT Dealerships. O’Neill Marketing just signed on — there’s organic growth happening.

I’ve upped my holdings to a quarter million shares and plan to hold for the VERY long haul. If this firm fleshes out the way they are prepping to flesh out, they’ll likely reverse split, uplist, get much more broad notice and support from big fund managers and big clients, and the growth track will follow organically out of those painstaking efforts.

Ten years from now the share price of this security won’t begin with a decimal point; it’s only a question how many digits will be to the left of it.


17 posted on 02/09/2022 12:19:37 PM PST by HKMk23 (The right of freedom of religion shall not be derogated even if the life of the nation is at stake.)
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To: HKMk23

oooh, doggy. I’ve been in a number of penny stocks over the years, none of which worked out (for me, anyway). Have they given any future guidance on growth or anything?

I’m waiting to get back into DWAC. I dropped an order in at $60 and not sure it will ever fill. I could adjust up but just watching for now.


18 posted on 02/09/2022 12:32:39 PM PST by spacejunkie2001
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To: spacejunkie2001

Well, a couple of things, generally I’m taking the temperature of multiple commenters all over the place, and generally they are optimistic, while guarded; the underlying “given” that nothing’s a sure bet is tacitly acknowledged.
And, frankly, I hesitate to embrace opinions that get to far into the stratosphere without some note of caution; opinions that seem untethered from reality seem to lack authenticity. Other things I’m seeing, in no particular order...

There’s “proof in the pudding”:
“AiAdvertising’s SWARM Platform enables the nation’s largest U.S. Caterpillar dealer to achieve a 10X Return on Ad Spend”
https://finance.yahoo.com/news/caterpillar-awards-holt-cat-excellence-070100299.html

The Form 4s that were just filed show that the CEO has a right to buy 34,000,000 shares at $0.0295, and other members of the executive suite have millions of stock options at that share price. This has been a slow mover, but it’d be an oddity to extend options that vest 3 years from now if the ship were going down.
https://www.otcmarkets.com/stock/AIAD/disclosure

I’m only in for what I deem to be an “expendable” sum; though five figures would certainly be an “ouch,” it’d not by any means kill my broader holdings. But if this thing FLIES...? If it even got to $5, I could retire and have 20 years of living expenses in the bank, WITHOUT touching any of the capital in my IRA.

So, I’m not betting the whole wad on this, but even the ante I have on the table could set me up. Reality will likely be different, but that’s all part of the adventure, isn’t it?

Other sources:
The iHub investors forum for AIAD
https://investorshub.advfn.com/AIAdvertising-Inc-AIAD-8017/

The AiAdvertising website
https://www.aiadvertising.com/


19 posted on 02/09/2022 2:40:54 PM PST by HKMk23 (The right of freedom of religion shall not be derogated even if the life of the nation is at stake.)
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To: HKMk23

keep me posted in how it goes for you on aiad.


20 posted on 02/12/2022 12:33:22 PM PST by spacejunkie2001
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