General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIn anticipation of TRUTH launch, the TRUMP SPAC is up $20/share this week.
What was it that PT Barnum said??
https://investorplace.com/2022/01/dwac-stock-alert-why-trumps-digital-world-acquisition-is-causing-a-rumble-today/
Digital World Acquisition (NASDAQ: DWAC), the special purpose acquisition company (SPAC) taking former President Donald Trumps media brand public, has been seeing green lately. The soon-to-be Trump Media and Technology company is up 13% today for a surprisingly strong start to the week. DWAC stock is on the up and up of late as the conservative media movement continues to gain traction.
This gives some context to DWACs climb this week. And what a climb it is. On Monday, DWAC saw a 24% gain after Fridays news that Trumps social media platform, Truth Social, will launch in late February of this year. CFVI and DWAC both are riding new highs lately as clear skies are ahead.
BTW, it's rumored that DJT owns around 50% of DWAC shares... market cap standing at $2.65B as of today
Turbineguy
(37,364 posts)grift.
NQAS
(10,749 posts)Crash and burn within 6 months of launch. Investors, not TFG, will lose everything invested.
WarGamer
(12,463 posts)But CERTAINLY after 2024...
He will either LOSE the election or not run... both of which will make him irrelevant, even to the Cons.
Mr.Bill
(24,317 posts)Trump's latest failure. Like everything he has ever done.
WarGamer
(12,463 posts)"And enter the free giveaway for a free Semester at Trump U and an all expense paid visit to Trump Casino and airfare on Trump Airlines"
Mr.Bill
(24,317 posts)you can catch a New Jersey Generals football game.
WarGamer
(12,463 posts)NQAS
(10,749 posts)Maybe a month in, it will be hacked and all member info released. It will turn out there was no security to speak of.
Within a very short time it will prove to be a forum for threats, domestic terrorism planning, civil war planning, and so much more along those lines.