cheap stocks
10-21-2021, 12:52 PM
#421
Registered
iTrader: (1)
I bought it at $10.50 pre-market. Was $12 by the time I posted it. Just hit $24's after it unhalted for an upside volatility halt. Fundamentals don't matter in the short run. This could easily become the next MEME stock. $50? $100? All I know is that a lot of people hate the Left and this could become a proxy for sticking it to Big Tech and support for Trump. It'll be fun while it lasts.
10-21-2021, 01:30 PM
#422
Registered
iTrader: (1)
Thank you for the heads up Robert. Doubled my trade in about 10mins. Fun trip - was like crypto over past few days. Keep em coming! :-)
Terry
Terry
I know there are a lot of Trump supporters on this forum so I am posting this. It's a SPAC that currently trades under the symbol DWAC until the merger with Trump media closes. This one could be volatile as Trump supporters buy it to show their support for Trump, while the Left shorts it. Currently trading around $12 pre-market. Refinitiv Newscasts - Trump to launch his own social media platform
Reuters4:53 AM Eastern Daylight Time Oct 21, 2021Click the following link to watch video: https://share.newsca...Source: Reuters
Description: Former U.S. President Donald Trump will launch his own social media app, TRUTH Social, that he said would "stand up to Big Tech" companies such as Twitter and Facebook that have barred him from their platforms. Jayson Albano reports.
Short Link: https://refini.tv/2Z...
Video Transcript:
After being silenced by Facebook and Twitter for months, former U.S. President Donald Trump said Wednesday he'll be launching his own social media platform, TRUTH Social. Trump was kicked out of several social networks following the January 6 Capitol Hill riots. In a press release on Wednesday, he said his new app is being created to “fight back against the 'Big Tech' companies of Silicon Valley”, which he says silences “opposing voices in America.” TRUTH Social will be launched through a new company, a merger between Trump Media and Technology Group, or TMTG, and Digital World Acquisition Group. That's a special purpose acquisition company - already listed on the NASDAQ. The merger will allow TMTG to also be listed on the stock exchange, as well as give it access to Digital World's cash raised from its IPO. According to the press release, that cash amounts to $293 million, assuming none of that firm's shareholders choose to redeem their shares. The impending deal values Trump's company at $875 million. But the merger is not yet complete. Both companies have said that would depend on shareholder redemptions not exceeding a minimum cash requirement. The press release said a beta version of TRUTH Social will be available to invited guests next month. It also said that in the future, TMTG intends to launch a streaming service featuring 'non-woke' entertainment programming, as well as a cloud service which it hopes will rival Google and Amazon.
Reuters4:53 AM Eastern Daylight Time Oct 21, 2021Click the following link to watch video: https://share.newsca...Source: Reuters
Description: Former U.S. President Donald Trump will launch his own social media app, TRUTH Social, that he said would "stand up to Big Tech" companies such as Twitter and Facebook that have barred him from their platforms. Jayson Albano reports.
Short Link: https://refini.tv/2Z...
Video Transcript:
After being silenced by Facebook and Twitter for months, former U.S. President Donald Trump said Wednesday he'll be launching his own social media platform, TRUTH Social. Trump was kicked out of several social networks following the January 6 Capitol Hill riots. In a press release on Wednesday, he said his new app is being created to “fight back against the 'Big Tech' companies of Silicon Valley”, which he says silences “opposing voices in America.” TRUTH Social will be launched through a new company, a merger between Trump Media and Technology Group, or TMTG, and Digital World Acquisition Group. That's a special purpose acquisition company - already listed on the NASDAQ. The merger will allow TMTG to also be listed on the stock exchange, as well as give it access to Digital World's cash raised from its IPO. According to the press release, that cash amounts to $293 million, assuming none of that firm's shareholders choose to redeem their shares. The impending deal values Trump's company at $875 million. But the merger is not yet complete. Both companies have said that would depend on shareholder redemptions not exceeding a minimum cash requirement. The press release said a beta version of TRUTH Social will be available to invited guests next month. It also said that in the future, TMTG intends to launch a streaming service featuring 'non-woke' entertainment programming, as well as a cloud service which it hopes will rival Google and Amazon.
10-21-2021, 02:21 PM
#423
Charter Member # 55
Charter Member
DANG!!!!!!!!! Wish I would have seen this post about 5 hours ago. Hovering around $46-47 now
So what happens with the DWAC stock when TMTG goes public???
So what happens with the DWAC stock when TMTG goes public???
Last edited by Griff; 10-21-2021 at 02:29 PM.
The following users liked this post:
ICDEDPPL (10-21-2021)
10-21-2021, 02:51 PM
#424
Registered
iTrader: (1)
DWAC is a SPAC merging with TMTG using the funds from the DWAC IPO. When DWAC shareholders approve the merger (many months from now) DWAC shares overnight will turn into TMTG shares . The symbol DWAC goes away and the company TMTG takes its place on the exchange under the symbol TMTG.
The following users liked this post:
Griff (10-21-2021)
10-21-2021, 03:00 PM
#425
Registered
iTrader: (1)
My favorite swings currently are VRAR, a small cap AI and Metaverse play looking to break out in the $9's, QUBT quiet now but they are a Quantum computing play that will go large "IF" they bag a customer. ALSO in some BKKT- the recently IPO'd Crypto arm of ICE and the NYSE. Trading around $8, have some but looking to load it if flushes to the $7's. Be warned small caps are volatile and small caps are not currently in vogue on the street. Creates buying opportunities though.
Last edited by Marginmn; 10-21-2021 at 03:03 PM.
The following 4 users liked this post by Marginmn:
10-21-2021, 03:15 PM
#426
Registered
Building less then 1 year ago $450K just turned down $900k how you doing!
I know I know rates go up prices go down (STOP) keep dreaming not in my world!
I know I know rates go up prices go down (STOP) keep dreaming not in my world!
10-22-2021, 07:27 AM
#429
Registered
I predict pre market to open dump…then by mid morning, it will pump again.
Last edited by 1MOSES1; 10-22-2021 at 10:23 AM.
10-22-2021, 08:28 AM
#430
Registered
iTrader: (1)
I bought it at $10.50 pre-market. Was $12 by the time I posted it. Just hit $24's after it unhalted for an upside volatility halt. Fundamentals don't matter in the short run. This could easily become the next MEME stock. $50? $100? All I know is that a lot of people hate the Left and this could become a proxy for sticking it to Big Tech and support for Trump. It'll be fun while it lasts.
