3287
posted ago by TrumpTrainChoooChoo2 ago by TrumpTrainChoooChoo2 +3292 / -5

Yes there’s a WSBETS forum but the more coverage that Trump’s social media platform gets the better chance we have of taking down fakebook and twatter. THIS IS HUGE NEWS. Way bigger than GME which got tons of front pages coverage and had NOTHING to do with Trump.

Comments (670)
sorted by:
215
deleted 215 points ago +219 / -4
140
Pinochet_Was_Right 140 points ago +142 / -2

I missed the boat.

Don't normally trade stocks but knew this was going to take off. Started an account and saw would take a few days to get money through and approved. Fucking fuming

109
Assassin47 109 points ago +109 / -0

This. Protip to noobs: Don't just open a trading account. Put money in the account NOW so you're ready to play when the next round starts. (whatever and whenever that is)

31
TruuthSeeker 31 points ago +32 / -1

Haha right, I usually keep a couple k In my acct for shit like this Well... I decided to build a new PC and used some of those funds. FffFFfF

I did however make the boat at $12, for a few hundred, just forgot to make the same purchase on my play money acct. Still kicking myself In the ass

30
Davy_Crockett 30 points ago +30 / -0

As a community service let me explain something about evaluations to you busy work people. For starters, the company is still massively undervalued. How do I know? Because you need to look at market cap. Market cap is 3B This is still early. Look at junk. Doge coin, GME, AMC etc. all tens of billions of market cap. This thing goes to 30B that's 10x in share price from here. It goes to twitter eval that's 16x from here. It goes to Facebook market cap from here, that's 333x from here. You're worried about risk. "It's already run up" Yes good point. Don't be a mad man and put your life savings into this. Put in 1 share. $100, if you're really broke go to a fractional share app. There's hundreds of millions of us and only 29M shares. It is patriotic duty to buy some of this, ANY amount of it. Spread the word

18
mugatucrazypills 18 points ago +18 / -0

It's not 3B though, the SPAC getting bid up is 3B. This gives Truth an underlying enterprise value of 10B+ I think.

Not trying to debbie downer, but expecting another 10 bag next week is not in the bag. Buy and forget about it with money you don't need today can afford to lose.

Then stop looking at it for a while. I'm sure someone on here will post if it gets to 1000 and let you know. Y

Price is a stream of numbers that degrades the intellect. All that matters is what you pay and what you sell for.

Do nothing and you YOLOs can go pick out your Lambo color one day(even an orange one if you want).

9
SilverStarv5 9 points ago +9 / -0

Buy and forget about it with money you don't need today can afford to lose. Then stop looking at it for a while. I'm sure someone on here will post if it gets to 1000 and let you know.“

Exactly what I’m doing. Though I also only got in at $93

8
gimmeabreak 8 points ago +9 / -1

I got in at @$12.74 first thing yesterday morning for 1500 shares. Up just shy of $100K at close today. Of course it's all in my retirement IRA so I can't party it up until I'm old.

1
deleted 1 point ago +1 / -0
1
Bullet3250 1 point ago +1 / -0

Read up on DWACW....

You can still get in at low prices...

3
BlackToof_Grin 3 points ago +3 / -0

Price is a stream of numbers that degrades the intellect.

I've never heard this phrase before and it's both brilliantly put and 100% true. I day and short term swing trade and honestly one of the worst things you can do is sit there and watch your trade. You will almost certainly get shaken out at some point due to market behavior which is a result of many things including professional manipulation. Took me a vary fucking long time to learn that shit and sometimes I still fall prey.

But the way you put it... damn that really hits home 'degrades the intellect' 😂💯

 

Best,

Toofy 🐸

0
mugatucrazypills 0 points ago +1 / -1

Great artists steal. I took this phrase from Charlie Munger.

1
Davy_Crockett 1 point ago +1 / -0

Idk where you're getting 30%, could be though. If you really think so, just take my numbers and cut them in 1/3rd but then also consider those are marketcaps for single things, this is a full media platform. Could expand market cap into more than just social media. I never said 10 bag by next week. We're talking about asymmetric risk/reward here. I generally agree with your risk management and exercise with caution with evaluation but do some more math. 29M float. That's nothing for a user base this big.

0
Pepbrandt 0 points ago +1 / -1

I'm a complete noob to buying stocks. I bought in at $17.76. 60 shares. But I don't get how the price would go so high. Twitter for example is just around $60 a share. Facebook in the 300s. How does this thing get up to 1000?

1
iamherefortheluls 1 point ago +1 / -0

It goes to twitter eval that's 16x from here. It goes to Facebook market cap

why would 'social media competitor number 49ish go to market cap evaluation of 2 of the biggest established media empires on the planet?

1
Davy_Crockett 1 point ago +1 / -0

Why would Auto competitor TSLA number xish go to market cap evaluation of 2 of the biggest established automotive empires on the planet?

Disruption

9
Amaroq64 9 points ago +9 / -0

Can us plebs with only like $100 to our name legitimately gamble up to having tens of thousands of disposable income just by playing the stock market and having common sense about it?

13
RespectMySafeSpace 13 points ago +13 / -0

No but you can learn about investing now, and even practice with some trading platforms using "monopoly" money.

9
RespectMySafeSpace 9 points ago +9 / -0

And this type of stock and level of volatility isn't good for new investors.

4
Amaroq64 4 points ago +4 / -0

How come? Is it because they don't know the ins and outs of their trading platform and they'll put in a buy order and then it buys the stock at like 10x what they thought it would?

Or is it that it can all just explode and leave them with nothing and never come back and they lose everything?

10
deleted 10 points ago +10 / -0
2
DemDestroyer 2 points ago +4 / -2

Learn about the stock market from WallStBets section and on Reddit /Superstonk apparently lots of the brokerages aren't buy the shares they say they bought but have FTD, failure to deliver, they take your money but don't get the shares.. Looking at DWAC over 2 days 500 million shares traded.. on Fidelity you can see it was the #1 traded most purchased.. Now there are only 28 million shares.. so how can 500 million be traded? Simple lots of FTDs, the brokers count on people selling.. the brokers are going to depress the price a best as they can.. On Thusday 400 million shares.. say the average price "bought was $30 so they took in $12 billion for shares.. on Friday ended near $90 per share now the purported value is $36 billion if the price stays high at $90 then if the brokers cannot find the shares they are on the hook for the difference.. so some brokers and hedgies play games trying to knock it down.. this is what's happening with GME and AMC.. learn about the MOASS.. it's inevitable.

8
Pickles 8 points ago +8 / -0

Common sense and discipline can get you 5%-10% return per month. Personally I avoid the sexy SPACs (although this Trump one could be different). They typically run up incredibly fast and then slowly make their way back down near $10-$12. The most popular ones shoot up to $50 then slowly drop to $20 (BLNK, ASTS, SOFI, CHPT, etc). DWAC has gone higher than any I can think of (they all open at $10), and if I had to make a guess I'd say it settles back to $40 (after months of bad news, setbacks, rumors, etc).

6
user365927285937 6 points ago +6 / -0

That was my thought at first- it would spike up then come down quickly. But I forgot about the memestonks movement and how it has changed everything especially with the intention behind this company

1
iamherefortheluls 1 point ago +1 / -0

where can I get this "Common sense and discipline" regarding this topic? I've mostly just held my money with vanguard, but I would like to learn more about making my own way in the stock market outside of ETFs.

3
TruuthSeeker 3 points ago +3 / -0

Made my first stock purchase last year. Was in crypto before that.

3
Phredd23 3 points ago +3 / -0

I started a Robinhood account in February with $40. A week later I added $25.

Last week I broke $100 being safe and using common sense.

I put all of that in DWAC @$13.

No.

13
yudsfpbc 13 points ago +13 / -0

Double-plus pro-tip: Keep some money in cash, or in some security you can QUICKLY sell, for opportunities like this.

5
SweetCheeses 5 points ago +5 / -0

I actually downloaded and installed webull and was able to buy within an hour. Buuuut, then I found out Webull is Chinese shit, so not I have to figure out what else to use and how to transfer everything.

10
Jaggie 10 points ago +10 / -0

Fidelity

5
Toobin247 5 points ago +5 / -0

Yes. And people with a 401K might already have a Fidelity account and not realize it.

8
BestTimeToBAlive 8 points ago +8 / -0

AmeriTrade works quickly w TD bank accounts.

E*trade is pretty decent.

Do NOT use Robinhood, as they had some shady shit halting the buy on GME stocks & only allowed sell options. Fuck those manipulators.

4
SharonaZamboni 4 points ago +4 / -0

I’ve a long-neglected TDA account that I managed to access just in time. Was happy to see I had some money hanging around in there, too!

4
DONT_reply_with_THIS 4 points ago +4 / -0

Webull is chinese!? Wtf

2
covfefe_in_ur_cup 2 points ago +2 / -0

I used Webull about a year ago and their app had AliExpress vibes to it.

4
stitching 4 points ago +5 / -1

okay, but which place does one open an account with. My son wants to put some money in it and we've been given a few names. Having never put money in stocks what is the best one. Are there places you can open accounts with out having to involve others.

11
DeadboltLongTime 11 points ago +11 / -0

Fidelity is fren.

7
FucKamala 7 points ago +8 / -1

Fidelity fucked me with their shit app sitting on my trades. I bought 160 shares at 2:30PM yesterday at $41/share. Fidelity even confirmed price and shares. This morning it said I bought that many shares at $47/share. Fuck fidelity. Also, they locked me from getting price movement notifications on DWAC today. Other stocks worked fine

11
Jaggie 11 points ago +11 / -0

Extreme volatility.

6
FuckReddit4545 6 points ago +8 / -2

Laughs in robinhood. Got fucked so hard today. Put some orders in when the stock was mid 60s, order didn't execute until the price was 120, now its back to 80. Got absolutely fucked

5
deleted 5 points ago +5 / -0
3
deleted 3 points ago +3 / -0
3
deleted 3 points ago +4 / -1
3
Destineed369 3 points ago +3 / -0

Fuck. I have Robin Hood.

2
mojorisen 2 points ago +2 / -0

Yep, I tried to sell this morning at $159 but Fidelity had us locked out numerous times.

4
SpezDispenser 4 points ago +4 / -0

I like Vanguard

6
covfefe_in_ur_cup 6 points ago +6 / -0

I use vanguard. They are their own clearinghouse too so you get less issues than the poors do with robinhood, et al.

See the stories about robinhood not allowing GME purchases, or just being unavailable to trade.

3
Bullet3250 3 points ago +3 / -0

That was criminal....

3
SilverStarv5 3 points ago +3 / -0

I have Ally bank, took a day to move some money from savings to my self run investment account

1
deleted 1 point ago +1 / -0
2
Toobin247 2 points ago +2 / -0

This was my error. I have an account but didn’t get the money moved in time. Price doubled. I still have a limit buy pending. Hopefully it dips enough to trigger the purchase.

23
LockThemUp 23 points ago +23 / -0

Somewhat in same boat.. didn't want to fuck with making an account.. missed out but made an account today 😂

1
stitching 1 point ago +2 / -1

where and how, looking make an account

6
keepamericagreat102 6 points ago +6 / -0

Fidelity is the easiest

2
BoatingAccident 2 points ago +2 / -0

Webull will allow you instant cash account without normal delay via ach

16
PonySoldier66 16 points ago +17 / -1

wait for the support to settle. it will surely run up again after that when the app hits and then climb surely as it gains momentum.

Look at the facebook lifetime charts....

9
Gonzotron5000 9 points ago +9 / -0

I'm a noob still but I expect Monday is going to be green again since some exchanges halted trading today.

11
BoatingAccident 11 points ago +11 / -0

I look at it as a long term stock. Like getting in on the ground floor of something massive. I’m holding. Forever. Edit this is not investment advice

1
TruuthSeeker 1 point ago +1 / -0

Hodl

14
FamburgerHelper 14 points ago +14 / -0

I felt the same yesterday but after I opened the account & realized it could take 2-3 days to fund (it only took one) I wire transferred money from my bank to my brokerage account. I started this process while DWAC was around $18 per - by the time I got my account situated, it was about $42 per - nonetheless I woke up this morning to see my stock "portfolio" had TRIPLED but it's gone down a bit. Still, total gain was over 95% so it's good. I bought just a few PHUN & DWACW stocks that didn't do so great, but it wasn't much so I'm not hurting. Can't wait to see what next week brings.

5
deleted 5 points ago +7 / -2
0
FamburgerHelper 0 points ago +3 / -3

You must be bored, sorry your life has come to this.

5
deleted 5 points ago +6 / -1
1
TruuthSeeker 1 point ago +1 / -0

Still have the app trades an normies rolling in early next week. Hang ON

7
MajorClark 7 points ago +7 / -0

wsbets is the way to go.

35
jerryriggs1 35 points ago +35 / -0

Doubled mine in 54 minutes!

27
Trumpdup4prez 27 points ago +27 / -0

I added the ticker to my stock feed to see what would happen, but lacked the foresight to invest in it. Sigh… missed that train for sure!

17
RaberContour 17 points ago +17 / -0

Still has room. Don't spend what you shouldn't but buying a few now at $80 doesn't seem like a bad move

6
NormaJeanRocks 6 points ago +6 / -0

Trying to decide if I should get in now or see if it dips more, missed it when it was cheap damnit.

9
TrumpTouchedMyHat 9 points ago +9 / -0

Don’t spend all your money in one purchase, if you have the option. Ideally you’d buy every dip on a stock you are bullish about. When you make smaller plays, you stand to lose less if things go sour. If you buy at 18, 25, 42, and 80… you still made a lot of money when it was at 130-170 today.

Keep in mind that multiple positions within a stock can compound losses upon collapse.

There are other catalysts coming up to consider. Any time Trump talks about this you’ll likely see a day in deep green. With volatile stocks, my personal preference is the mindset of a trader opposed to investor. Multiple positions allows you to do both.

3
deleted 3 points ago +3 / -0
1
deleted 1 point ago +1 / -0
3
deleted 3 points ago +3 / -0
1
RaberContour 1 point ago +1 / -0

Get one at least, price of admission for a wild ride.

6
deleted 6 points ago +6 / -0
4
spelunking_librator 4 points ago +4 / -0

the stock is cheap...

BY A LOT

25
Tellsyouhow 25 points ago +25 / -0

I missed the initial wave since I didn't realise that I could invest in it, I just read the statement and was looking forward to the end product.

It was only after reading a post on here basically spelling out to people that the stock was skyrocketing that I invested straight away.

I got in before the close yesterday so made good money today before the initial rush.

11
Assassin47 11 points ago +11 / -0

Most of us don't trade stocks and simply gloss over those funny letters at the start of press releases. Lesson learned. :)

4
8thGenPatriot 4 points ago +5 / -1

I wanted to get in yesterday, but my money was tied up in other investments. I sold all my DOGE, but could only get 6 shares from that. I sold my NOK, AMC, DDS, MVIS, NNDM, and a few other things I was willing to part with. Now I'm sitting at 60, but at $130 average cost. My orders filled first thing this morning. I'm pretty confident that I'll be back in the green by next Friday.

4
Nomoralcompass89 4 points ago +4 / -0

DOGE has a positive outlook going forward. I did sell some when it rocketed earlier this year. But after taking some gains, i am comfortable leaving whats left in it for an eternity to see what happens.

I think this philosophy is equally applicable to DWAC. There's a nice feeling knowing you've already taken some profits and you can let the rest sit for years if you need to.

3
julianReyes 3 points ago +3 / -0

You're already practicing good stock trading fren.

2
spelunking_librator 2 points ago +2 / -0

hodl, buy the dip, repeat

22
LockThemUp 22 points ago +22 / -0

Huge regret not going in on the stock.. I was meaning to and kinda forgot about it lol. I'm investing in the next business day, hoping to still cash in a little!

14
20KAG20 14 points ago +14 / -0

This train hasn’t stopped yet!

1
spelunking_librator 1 point ago +2 / -1

no brakes to the moon

2
julianReyes 2 points ago +2 / -0

Put it towards $DWACW, you'll get a similar windfall as everybody who got on the train if you play your cards right.

2
LockThemUp 2 points ago +2 / -0

Why DWACw? :)

81
IncredibleMrE1 81 points ago +82 / -1

Trump won. He won by a lot.

31
Assassin47 31 points ago +32 / -1

Bigly.

4
spelunking_librator 4 points ago +4 / -0

dwacly

77
TrumpTrainChoooChoo2 [S] 77 points ago +79 / -2

Thanks for the stickie mods!

I bought at $18 and am HOLDING strong. Made almost six figures which is life changing for me but IDGAF. FUCK Big tech and the MSM. Let’s make this a global MEDIA EMPIRE.

🚀 🌙 🦍

34
deleted 34 points ago +37 / -3
20
TrumpTouchedMyHat 20 points ago +20 / -0

I’m inclined to agree with this individual based on the given terminology “life changing money”. Rhetorically, how does that change your life? That’s a question to resonate on. The movement doesn’t solely need cheques being sent to one man, a company, or whatever. If you can achieve a better life, wield more influence, and contribute as a stronger, more stable person… that’s a big net positive. Just don’t waste it on bullshit, or you might as well consign it away to Trumps company instead of McDonald’s.

4
deleted 4 points ago +4 / -0
7
julianReyes 7 points ago +7 / -0

The correct move is using the equity as collateral to open up a securities-backed line of credit based upon the equity's valuation. In the case of buying a house you can use that line of credit to get a mortgage approved.

Ever wonder how Elon Musk, or Jeff Bezos, or Bill Gates pay for anything? They have arrangements with all the financial institutions of the world to have the best and most prioritized lines of credit. Anything they pay for, they can point to their billion-dollar stock valuations and say, "this is how you know i can pay this back."

And then you use that loaned money on ventures that give you a return that outpaces whatever is charged as debt. So you really never run out of "money," only keep making more that outpaces inflation. Suddenly you get how rich people can stay rich provided they have financial management skills and understand financial derivatives. Whereas ordinary people have linear gains of wealth rich people have exponential gains of wealth.

3
deleted 3 points ago +3 / -0
3
current_horror 3 points ago +3 / -0

Everything you just described should be illegal.

4
julianReyes 4 points ago +4 / -0

Well it's legal. #DEALWITHIT

The modern world runs on usury with the exception of Muslim countries outside of OPEC. I fucking hate it and would outlaw it if it were my choice (our elders were very wise and tried to warn us about the Kabbalists) but that is how the world works.

You are one step closer to understanding everything as the elites do and through that understanding begin to construct solutions for a better world out of their grip.

It’s all in the numbers. For a hundred years, there’s been a conspiracy of plutocrats against ordinary people. Number one: In 1945 corporations paid 50% of federal taxes. Now they pay about 5%. Number two: In 1900, 90% of Americans were self-employed. Now it’s about 2%. It’s called consolidation. Strengthen governments and corporations, weaken individuals. With taxes this can be done imperceptibly over time.

Leo Gold, Deus Ex

2
deleted 2 points ago +2 / -0
2
deleted 2 points ago +2 / -0
2
deleted 2 points ago +2 / -0
8
TrumpTrainChoooChoo2 [S] 8 points ago +8 / -0

I should clarify, not like I’ll be broke if this goes to $0 and I recommend never investing 100% of your money on a single stock, that’s foolish. But I’ve gone very overweight and am riding this MAGA train. If it goes belly up so be it, my lifestyle doesn’t change, but if it does what I think it can do it gives me the ability to have financial independence that I normally would have to wait decades for otherwise.

7
deleted 7 points ago +10 / -3
6
TrumpTrainChoooChoo2 [S] 6 points ago +6 / -0

Great advice. Cheers mate 🇺🇸🔥 🦅

4
Cantshadowbanthemall 4 points ago +5 / -1

I agree with handshake, sell at least to cover the investment (gamblers share)

3
julianReyes 3 points ago +3 / -0

I would recommend calling your financial institution and ask about applying for a securities-backed line of credit, since you state you made six figures.

Not only is that the norm of all wealthy individuals like Elon Musk, but it means you keep the liquid valuation of the equity you own while still being able to spend based upon your valuation, provided it grows with proper financial management and you pay your bills and expenses on time. With six figures you could probably buy a decent used car on credit and only have to repay it later down the line with interest rates similar to home equity lines of credit.

I would suggest being very informed and conservative on the risk you take regardless. Don't buy a new house outright unless you think you can afford it on credit, for example, that's more seven figure stuff. Remember, a lot of financially uneducated people scale their expenses up with their income. "Oh, I have a six figure worth now, break out the lobster dinners every day, I can afford it. Wait, why is my grocery bill $5k? Wait, why am I liquidating my stocks to pay for it, where did my wealth go?" If your grocery bill every week was $40, keep it that way. Start evaluating your expenses and if it's effective. If you get a loan, can you pay it back by this date and how? The goal is to use your windfall and reinvest it for even more money not spend it. If you buy a house on credit, start looking into making it an Airbnb or perhaps open it up as a photo set for marketing firms (yes, you can make money by doing this) to ensure you can pay the mortgage back.

If you come into a windfall, best hit the finance books to see how you can grow that windfall and move up a social class. Perhaps as nouveau riche you can practice the behavior that rich people refuse to honor, having known what it's like to be in a lower situation.

4
TruuthSeeker 4 points ago +4 / -0

Lmao I know the exact feeling when I dumped 500btc at a couple hundred bucks

3
user365927285937 3 points ago +3 / -0

King of selling early ☺️

3
TruuthSeeker 3 points ago +3 / -0

You can say that. I picked them up at 2bucks a piece

2
user365927285937 2 points ago +2 / -0

Human psychology is weird. If you find a hundred dollar bill you are ecstatic. But if you make 100 grand that would have ended up as $30,000,000 you are haunted for life.

I think selling at 200 was a decent move though. Who in the world could have foreseen the price to climb so high.

-1
deleted -1 points ago +2 / -3
5
RedFan101 5 points ago +5 / -0

Lotsa day traders jumped on it—- IMAGINE ! Even a few Libs ( heard that through a reliable grapevine ) invested immediately, knowing how poplar DT is, 🙄though they would never admit to this 🤯

8
BillGall2 8 points ago +8 / -0

I like your style. I think the X factor in this stock's success is how extensive the dislike is for big tech trying to control the narrative on social media. My gut feeling is the average Joe (not Biden) will take this opportunity to vote with his/her wallet. I want to, and will, invest to stick it to big tech. This is HUGH. Trump Won and will win again. Do your part to strengthen the MAGA movement. Buy DWAC. You win. Trump Wins.

2
spelunking_librator 2 points ago +2 / -0

this is Trump's gift to all those left without a job

4
SharonaZamboni 4 points ago +4 / -0

My idea was to sell enough to recoup my initial investment, but still have plenty of shares still in play. Idk why I couldn’t sell those four shares, but since I wasn’t planning to need that money, I’m not overly concerned. It could all go to crap and I’d be sad, but I’ve wasted money on stupider stuff.

3
MAGA1775 3 points ago +3 / -0

Can confirm. I got caught up in all the stock stuff a while back and you get this adrenaline rush and euphoria that you see with people here, eventually they'll get overconfident and get burned and lose it all. Happened to me and I witnessed it happen to 90%+ of other people I witnessed it with also.

12
deleted 12 points ago +12 / -0
9
deleted 9 points ago +9 / -0
2
spelunking_librator 2 points ago +2 / -0

this is a "must have" stock

7
Viewer01 7 points ago +7 / -0

So if this is your first speculation trade, you probably should look into previous volatilities of similar stuff. This stuff will swing wildly and if you don't have the fortitude to ride it out you could lose a lot.

Back in the '20 crash I lost like 50% of my portfolio and I was buying LEAPS all the way down. Ended the year like 100% up.

4
Nomoralcompass89 4 points ago +4 / -0

I just recently got into having a 401k this year, im in my early 30s. I WISH i did last February instead of this February.

4
Viewer01 4 points ago +4 / -0

Nothing stopping you from having a brokerage and a Roth IRA.

2
Nomoralcompass89 2 points ago +2 / -0

I meant february of 2020 verses feb of 2021. I have finally learned to heed advice given to me long ago, "money makes money faster than muscle makes money"

7
MAGAHollywood 7 points ago +7 / -0

This is the way. Diamond hands, pede.

48
AbrahamLincoln 48 points ago +55 / -7

Some faggot is in here downvoting every post. Is that you, Bill Mitchell?

17
America_No_1 17 points ago +17 / -0

You know damn well Bill Mitchell owns Twitter stock

8
MudDog 8 points ago +8 / -0

You know damn well Twitter owns Bill Mitchell

FTFY

5
America_No_1 5 points ago +5 / -0

That guy just needs to pack up and do the remote island or remote Alaska life at this point....Steve Bartman 2.0

41
AssPhixEAtion627 41 points ago +41 / -0

What online trading service/app yall recommend?

53
Amaroq64 53 points ago +54 / -1

Apparently Fidelity is the best one.

They're doing a promo where if you put $50 in your account, they'll just straight up give you $100 more.

43
Trumpdup4prez 43 points ago +43 / -0

Fidelity for sure. You can invest in anything with that app. They give you the freedom to make every risky decision you want, rather than block you from investing in certain stocks.

4
TruuthSeeker 4 points ago +4 / -0

Opening a another acct with them now.

29
War_Hamster 29 points ago +29 / -0

Fidelity has the tendency to change policies without notice. Keep your eye on them.

Sincerely, a financial advisor who used to custody client assets with them.

13
Assassin47 13 points ago +13 / -0

Worst thing they did to me was change my index fund account type a few years ago. They automatically sold and repurchased all positions, so I had to pay taxes on everything that year.

Other than that and the fact that their website acts weird at times, they've been ok.

9
War_Hamster 9 points ago +9 / -0

Depending on what you're using them for, they're not a bad custodian at all. If you're plain vanilla, there aren't issues. It's just the more complex situations where they fall short.

I'd have challenged that tax hit.

5
BostonVoter 5 points ago +8 / -3

No they don't. They do everything by the book. They are Honest and Transparent

12
IncredibleMrE1 12 points ago +12 / -0

Just like the 2020 election!

7
deleted 7 points ago +7 / -0
5
Nomoralcompass89 5 points ago +5 / -0

Prebonked.

2
spelunking_librator 2 points ago +2 / -0

depredeboonked

7
War_Hamster 7 points ago +7 / -0

Depends on which book they're reading at the given time. I've seen them dump $100 million+ relationships for very dumb reasons.

The issue is their compliance department is afraid of their own shadow and anything remotely complex scares the hell out of them.

Please don't argue this. I'm speaking from first hand knowledge.

17
Tommy-TD 17 points ago +17 / -0

I am happy with fidelity

9
Amaroq64 9 points ago +9 / -0

To be more clear, they seem to let you trade all the "simple stuff". Such as stocks and, uhh... you know, the thing.

To my knowledge, they don't let you trade:

  • Crypto.
  • Futures. (Basically saying "I'll by it for x price at y date.")
  • You know, the thing.
49
IncredibleMrE1 49 points ago +50 / -1

Reminder that Robinhood is asshoe. GME frens know.

14
spinometer 14 points ago +14 / -0

i have an account w td ameritrade and use 4 diff ways to access it: thinkorswim apps on phone and computet, plus ameritrade app on phone, plus ameritrade website on computer. i use all 4 at once for diff purposes.

4
grenades_and_ham 4 points ago +4 / -0

Think or swim is nice, desktop, internet, and phone app.

11
ShadowSix 11 points ago +11 / -0

Either Charles Schwab or TD Ameritrade, they're about to merge but both have given me no reason to Complain

6
slimcoat 6 points ago +6 / -0

I've been using eTrade for over a year now, seems to do what I need, but I'm also still just an amateur at this whole trading thing.

33
IqwensuOrja 33 points ago +34 / -1

Fomo’d in at 46.50, not disappointed. Now to hold.

12
MAGAHollywood 12 points ago +12 / -0

FOMO at $98. Don't you worry Fren. Too the moon on Monday!

2
spelunking_librator 2 points ago +2 / -0

DWAC sells like hot cakes

30
MajorClark 30 points ago +31 / -1

DWAC "Donald Winning Against China". I got in late around the 50's but not selling. It's gonna get huge! Don't watch it every minute, just check on it from time to time. Congrats!

12
reason_island 12 points ago +12 / -0

Donald winning against commies

4
Annpi 4 points ago +4 / -0

Donald Wins Again Corp

2
spelunking_librator 2 points ago +2 / -0

Donald Wins Against Coup

9
Nomoralcompass89 9 points ago +9 / -0

Amateurs!

Donald Will Abolish Censorship

28
RaberContour 28 points ago +28 / -0

Every Trump voter should have at least one share!

5
deleted 5 points ago +5 / -0
3
spelunking_librator 3 points ago +4 / -1

once it's $50k per share to match Facebook's market cap, you'll be pretty ok

27
KGB82 27 points ago +27 / -0

Let's see, my average price is 174. . . So, let's get it back up. It tanked today after peaking because some tds hedge fund faggots decided to rug pull Trump and friends. Get some funds in there.

18
8thGenPatriot 18 points ago +18 / -0

Hey! Finally someone with a higher average than me. Don't mean to bust your balls, but it was rough explaining to the wife why our portfolio is down 26% in a day. She says she's not mad, and she trusts me, but the icy silence speaks volumes.

9
KGB82 9 points ago +9 / -0

I heard it was a rug pull by some Trump hating hedge fund. Just have to wait and see how Truth Social does I guess.

6
iamherefortheluls 6 points ago +6 / -0

I am in same boat.

9
Capitalism4All 9 points ago +10 / -1

The all time high is 175. Don't worry because in a few days pedes will be wishing they got in at 175!

4
KGB82 4 points ago +4 / -0

Might could be. If the stock crashed because of TDS then it had nothing to do with being overbought or poor fundamentals, so one might think the value is still there and even then some. We just have to fill it up.

3
spelunking_librator 3 points ago +3 / -0

When they halted at $131.9 I put in a buy order for $270. Fuck them. I like this stock.

There was another pede who put it at $500. Burn the motherfuckers trying to cover their short.

6
FreedomFlowerDelta 6 points ago +8 / -2

No doubt those hedgie fag manginas shorted the absolute shit outta it today. Just gotta hold and average down my fren.

2
dissapointedokie 2 points ago +4 / -2

You shouldn’t be engaging in investment activities you don’t understand, you’ll lose money investing in emotion and feelings.

DWAC cannot currently be shorted.

3
BoatingAccident 3 points ago +3 / -0

What I saw was halts causing stop losses to not be filled until far below the limit

4
dissapointedokie 4 points ago +4 / -0

Also not caused by anyone pulling a trigger. Halts happen automatically with large swings and volatility. Can and does happen with any stock making wild swings like jumping 70% in literally the first minute of the market opening.

If you didn’t expect and see halts coming and plan accordingly, you weren’t ready and aware of how it works.

I managed to sell at 156.00 in between halts, up 150% on that trade alone.

0
FreedomFlowerDelta 0 points ago +1 / -1

You shouldn't assume you're such a badass bro, fuck off. I have enough experience to know that you don't know shit and the hedgies do what they want.

4
spelunking_librator 4 points ago +4 / -0

we'll see $300-400 soon by my retarded calculations

2
iamherefortheluls 2 points ago +2 / -0

holy shit, how did you manage to pay so much for them? were you one of those vicitms of a scam who put in buy orders at low price and those orders got held and than executed at peak price?

8
KGB82 8 points ago +8 / -0

Yeah, I bought at like 134. When the order went through it said my average was 174. This was right at the moment that trading stopped. I mean like right at the moment. I don't know what happened, and I'm not going to bother to complain. Nothing will happen. Just going to wait it out. You don't lose unless you sell.

8
LongDongDonald420x69 8 points ago +8 / -0

I threw 1200 in this morning and the same exact thing happened to me, avg 174 ish.

3
deleted 3 points ago +3 / -0
4
iamherefortheluls 4 points ago +4 / -0

(i'm new to this and just learning it today)

not sure which brokerage you used to buy. At mine, the standard option to buy is 'market price' which is awful and should not ever be used. My understanding is that the standard order actually translates 'buy it at whatever price you can get' and if the price sharply spikes between the point when you made the order to buy, and the point when that order is processed, it still goes through at whatever that price is.

Look for 'limit order' or something like. It allows you to give a trigger (the point at which it should start trying to buy or sell) and a limit (the point past which it should not go). So with limit order you would look at the current price and say '134' for trigger and 135 for limit and than if they freeze trading and resume it later when the price went beyond that limit, the order shouldn't execute.

Did you have to put in the price amount at which you intended to buy, or did you only put in the number of shares?

4
KGB82 4 points ago +4 / -0

You're right, and my buy was done in haste. I was getting ready to go to work and decided to gamble. When something is moving like it was moving, when you try to set a limit buy you can simply miss it, have to cancel, miss, cancel, miss, until you finally get in. I looked at it, I saw crypto slumping along with the what seemed like a lot of the regular markets, notably bitcoin and amc, and I thought, "oh shit, the apes are trying to get in on this." So, I figured in my euphoria the ceiling was going to be like 500. The market cap was close to 5 billion at the time. . . seemed doable.

2
Jkend0740 2 points ago +2 / -0

Happened to me this morning but not to that extent. Put in my buy order during a drop to $72, a halt happened and got my shares after at $94. Luckily my first purchase was at $15 so my average isn’t terrible

24
Rerun1Central 24 points ago +25 / -1

Be Ready to Buy on Monday Pre-Market (if possible) and at market open... you should get a solid price below $100 and be able to enjoy the run up! TELL YOUR FRIENDS ABOUT DWAC - The media is keeping silent when you compare any other stock moving this way...

19
TrumpTrainChoooChoo2 [S] 19 points ago +19 / -0

Yep huge manipulation on CNBC, Fox Business, WSB, etc. this would be plastered everywhere if it wasn’t for Trump.

7
Rerun1Central 7 points ago +7 / -0

24/7 for GMe amc

3
deleted 3 points ago +3 / -0
1
TrumpTrainChoooChoo2 [S] 1 point ago +1 / -0

Barely at all. Basically them and CNBC were forced to cover it some bc it’s such a huge story but they were trying their best to downplay and report on it minimally.

2
4more 2 points ago +2 / -0

Did you see the Mooch on CNBC? I really hope this goes well so he won’t run in 2024. Goes on to slag the stock. What a cunt!

24
mojorisen 24 points ago +24 / -0

I have a MAGA friend who works his ass off 6 days a week to keep a roof over his families heads. He never has extra cash to just jump into things. He always misses out and it really gets him down. He is smart and was right on the GME and AMC deals, he just didn't have the money to put into them.

Well, last week he pulled 5k from his work IRA and was going to pay off a med bill with it (he was served court papers recently over it). He called me Wednesday night and said. "fuck it" I am taking my med bill money and putting it on MAGA. I was supportive but thought it was a bad deal using the only money he had to his name to take this chance.

He got in at around $12 and sold today for 120. He made around 45k. That is one whole years salary for him. He will be able to stock up on food, pay some bills including the med bill that was sued him and still have some left over to get something nice for the family. I have never been happier for someone in my life.

Sometimes good things happen to good people. Thank You President Trump!

7
TrumpTrainChoooChoo2 [S] 7 points ago +7 / -0

Beautiful story and God bless your friend!

5
MAGA1775 5 points ago +5 / -0

How did he have the time to pull money from an IRA and buy the stock so cheap when it was just announced?

Also make sure he put away a big chunk of that $45k to pay the taxes on his gains, its not going to be cheap.

4
BigIgloo 4 points ago +4 / -0

He pulled it out to pay a medical bill (second paragraph)

1
mojorisen 1 point ago +1 / -0

He pulled the money out to pay a med bill. The stock just happened to come up the day he got the money.

1
Heyall 1 point ago +1 / -0

That's a great story! Happy for him

23
WilliamHRacy 23 points ago +24 / -1

I scooped up as much as I could afford. So far I'm not disappointed.

Anyone reading this that thinks they missed their chance, think again. You're in it early because you're reading about it here.

6
dissapointedokie 6 points ago +6 / -0

Here was late.

4
WilliamHRacy 4 points ago +5 / -1

Bought high and sold low, pede? Happens to the best.

7
dissapointedokie 7 points ago +7 / -0

Nope. I was in at 17.00. Took my profit at 46.00. Yesterday afternoon.

Got back in at 43.00 before close yesterday. Got my sell order through and back out at 156.00 this morning.

But the news and hype here WAS late. I keep coming back expecting to see news, discussion, and hype. Only ever a random post or two I had to scroll down the front page to even find, when the organising for and preparation for what was coming should have been happening here Wednesday evening.

2
spelunking_librator 2 points ago +2 / -0

not to worry, this is a wild kite and we'll learn to fly it high, by a lot

3
MAGA1775 3 points ago +3 / -0

And what happens when the tyrannical regime shuts down Trump Media?

People seem to forget we are living under a tyrannical regime with no rule of law.

22
Amaroq64 22 points ago +24 / -2

I'm damned disappointed that I missed out on this and didn't even have the ability to get in on it yet anyway, lol. I got my fidelity account sitting empty waiting for the cash.

21
deleted 21 points ago +21 / -0
3
spelunking_librator 3 points ago +3 / -0

BY A LOT

14
f_bastiat 14 points ago +15 / -1

Dont feel bad I had 20k cash in my robinhood account. Kicking myself.

6
Amaroq64 6 points ago +6 / -0

Lol I don't even have a thousand in my bank account.

I learned a lot about SPACs today though!

4
deleted 4 points ago +10 / -6
15
Dictator_Bob 15 points ago +15 / -0

It was plastered all over and the publicly traded company was discussed. We had an entire day of discussions on this new product. I knew the ticker when I went to bed and woke up thinking about it before it mooned. After that this site isn't your fucking financial adviser or moon mission.

11
Throwmeaway1235 11 points ago +11 / -0

This. It was the top stickied post for over 24 hours with 6k+ likes and almost 2k comments. I had more than 12 hours notice and got my kid to the doctor 40 minutes early Wednesday because I wanted to catch it before the moonshot ($12.99/share).

Today’s hat trick was a limit order clearing to sell some shares at $175 in the ~13 seconds between halts (don’t worry, I bought back twice as many as I sold @$80). HODL!

2
spelunking_librator 2 points ago +2 / -0

HODL!

11
deleted 11 points ago +12 / -1
3
Pelositasteslikedust 3 points ago +4 / -1

So patriots dragging other Patriots up financially isn't overall useful to our whole movement? You sound mad. try growing up, you'll be able to be mad and still make sense.

2
deleted 2 points ago +2 / -0
10
deleted 10 points ago +10 / -0
3
Gletkin 3 points ago +3 / -0

Me too.

7
deleted 7 points ago +7 / -0
5
TruuthSeeker 5 points ago +5 / -0

Dude I was posted within hours of the announcement with the ticker ID attached

6
jubyeonin 6 points ago +6 / -0

It's jumping all over the place. You could have gotten it for around $70 today after it dropped from $100.

2
deleted 2 points ago +2 / -0
18
Rerun1Central 18 points ago +19 / -1

DWACW warrants are a contract to buy 1 share of stock anytime between now and 6 2028 AFTER the 'deal' is done for the 'truth social'... you pay whatever the ticker you paid for warrant plus $11.25 to have your stock issued to you... so if you pay $30... any price over $41.25 you'd make money when excercised .. you can also just let your intital purchase of $30 expire and do nothing.. and that's all you lose... cheap way to hedge on long term price gain

10
Amaroq64 10 points ago +10 / -0

I learned a lot about this shit today after a shitload of time looking up articles about it, lmfao.


A SPAC is a shell company that only exists to acquire other companies. Right now DWAC exists just to merge TMTG (Trump Media and Technology Group?) into itself, which will take TMTG from private to public without having to go through its own IPO.

When this happens, DWAC will convert to TMTG. Anyone holding DWAC stocks will be holding TMTG instead.


DWACW is a warrant. 12 months after DWAC's IPO, or 3 months after the merger (whichever comes later), the warrants become able to be exercised. Exercising one warrant lets you buy one of the post-merger (TMTG) stock at $11.50, regardless of its actual price at that moment. (This can all vary for different companies. These are just the details of DWACW.) To be clear, buying a warrant buys you the promise you can buy the stock later. So you will still have to spend $11.50 on top of the warrant to convert it to a stock later.

People typically just trade warrants like they were stocks rather than exercise them.

WARNING: Once a warrant can be exercised, the company that controls it can retract all their warrants if they want to. Typically if the stock rides too high for too long, and they have to give you a 30 day notice. (In our case, for any 30 day stretch, if 20 of those days had TMTG at $18+, they can begin the process of recalling their warrants.)

If they recall their warrants and you weren't paying attention, at the end of the 30 days, you're left with 1 penny for each warrant you were holding. So if you get a warrant, you have to keep regular track of what its company is up to.


DWACU is a unit. One DWACU unit contains one DWAC stock and 1/2 of a DWACW warrant. This means if you buy two DWACU, you get two DWAC and one DWACW. (In fact, it's required to get two if you want a whole warrant.)


This is all why DWAC and DWACU are so expensive and DWACW is so cheap right now. Nobody gives a shit about buying a promise that you can then buy TMTG in february for $11.50. They want to ride DWAC to the moon right now.

4
julianReyes 4 points ago +4 / -0

lol

For example, say you exercise warrants with a strike price of $20 per share to buy 100 shares of XYZ and you originally paid $400 for the warrants. Your total investment is thus $2,400. If the market price on the day of exercise is $40, the shares are worth $4,000 and the difference is $1,600. That amount is deemed to be ordinary income, not a capital gain since you didn’t own the stock before exercising the warrants.

inb4 the IRS REEEEEEs at this.

the real DWAC was DWACW all along

I know what I'm doing next week.

2
Amaroq64 2 points ago +2 / -0

Hmm. If you exercise a warrant, you just end up with the stock that the warrant is for, right?

So then isn't it still taxed if you then sell that stock to cash out?

2
julianReyes 2 points ago +2 / -0

It's actually very complex, not even CPAs can agree how it works.

Copy pasted from another forum:

If you exercise a warrant and acquire the stack, given your hypothetical costs, the basis in your acquired stock would be $0.20 (purchase price of the warrant) plus $0.85 (exercise price) plus transaction cost $0.01, for a total cost basis in the stack of $1.06, as you suggested. Acquiring the stock does not trigger any reportable taxable event. When you sell the acquired stock, the reportable gain/loss is the stock sale price less the $1.06 of basis. That will be a sale of a capital asset and it will be long or short term gain/loss depending on the total of the time you held the warrant plus the time you held the stock. If you held the warrant for 1 year plus a day and you exercise the warrant and then immediately sell the stock the gain/loss would be long term (holding period in excess of 1 year). If you held the warrant 1 day and then exercised it and then held the acquired stock for 1 year and then sold it, the gain/loss would be long term (holding period in excess of 1 year). If you exercised the warrant after holding it for 6 months and sold the stock after holding it for 6 months plus 1 day, the resulting gain/loss would be long term (holding period in excess of 1 year). If you sold the warrant to someone else without ever exercising it, the gain/loss would be calculated based on the sale price you received for the sale of the warrant and your cost of the warrant $0.20.

Whatever you are reading or being told, such that there is ordinary income, they are giving you information on employee incentive stock options (ISO). If you/employee receive an option to acquire a stock (sometimes at a discount) no income is reportable at the receipt of the option. Income is reported when the option is exercised AND the subsequently acquired stock is sold. If you don’t hold the option plus the stock long enough after exercising option and selling acquired stock, the gain reported (selling price of the stock less the exercised option price) is ordinary income. If you hold the option/stock long enough the gain reported is long term capital gain. If you sell the stock acquired through an ISO before the required holding period, the difference between the option/exercise price and the market value of the stock the DAY OF EXERCISING THE OPTION, is ordinary income. The change in price from the exercise date to the sale date will result in a reportable capital gain/loss.

A lot of the confusion comes from the warrants being similar conceptually to options but being issued by the company itself to raise capital with the right to issue new shares and thus regulated and executed differently. Overall though, the reduction in taxation works similarly to an option provided you actually exercise it and you want to own the stock in question, not trade the warrant like other financial derivatives, and the increase you make in exercising it outweighs selling it (i.e. if the warrant's valuation is $275 while the stock price is $280, it makes more sense to sell the warrant off).

5
Rerun1Central 5 points ago +5 / -0

and you can trade your contract like stock before expiry.. FYI

3
julianReyes 3 points ago +3 / -0

Yeah, it depends on whether you make more money selling the warrants or exercising them.

5
Courage-dear-heart 5 points ago +5 / -0

Thanks for explaining that so clearly. Appreciate it. 😊

5
iamherefortheluls 5 points ago +5 / -0

wait hold up, you mean DWACW shares are going to cost me 11.25 each when the deal goes through?

3
Rerun1Central 3 points ago +3 / -0

Yes and no. You’d get share price less 11.25

3
julianReyes 3 points ago +3 / -0

Yes AND no.

You get:

Number of warrants x share price at the time you exercise the warrant - ((11.25 + warrant price you buy at + transaction cost) x number of warrants) = profit or loss

Oh yeah, and the profit gets classified as ordinary income instead of capital gains since you technically didn't own the stock. LOL. Legal tax avoidance.

The catch is that you have to actively exercise it and ensure the company doesn't withdraw it.

3
Chippy 3 points ago +3 / -0

How about DWACU?

4
Amaroq64 4 points ago +4 / -0

That is a unit. One DWACU unit contains one DWAC stock and 1/2 of a DWACW warrant.

But you require enough to make a whole warrant, or it doesn't count.

Therefore, if you buy two DWACU, you get two DWAC and one DWACW.

17
skywalk 17 points ago +18 / -1

Thanks dot win! Free money. :)

16
Jaqen 16 points ago +17 / -1

Discuss it after you read the terms of service in its entirety.

29
TrumpTrainChoooChoo2 [S] 29 points ago +30 / -1

Let’s be real, many stocks aren’t trading on fundamentals at this time and you go with momentum and this has meme magic. Hell the stock closed at $45 yesterday for our 45th President. Fake news is trying as hard as they can to not cover this story which means one thing, THEY’RE SCARED, because they know the more they mention this the more traction he gains and better chances we have at taking a dagger to big tech.

8
Jaqen 8 points ago +12 / -4

You haven’t addressed the fundamental flaws in the service as evidenced by the ToS.

Question: is this going to be a free speech platform? The answer can be found if section 8 of the ToS.

Get excited all you want. There’s nothing special about yet another moderated social media site.

17
Rifleshoot 17 points ago +17 / -0

Eh, the point isn’t solely for us to have a free speech site. It’s to have a place where right wing discourse can be refined and spread. I love Gab, but it scares off normies. With Trump’s platform, we will have access to a wider audience where we can share our message and cut out the left.

15
monkadelic 15 points ago +16 / -1

There's a fundamental flaw in anything that has 100% free speech. As Vice experienced in their early days when their forums were completely un-moderated. It turns into nothing but Nggr this and J*w that, normal people peace out and this is what you end with. Trump isn't stupid enough to allow complete lack of moderation.

5
BoatingAccident 5 points ago +5 / -0

Ima invest another $500

2
Rifleshoot 2 points ago +2 / -0

I feel like you still need full free speech spaces like 4chan, for sure. But you’ve got to have a space where you can draw normies in without scaring them. I bet Trump’s site will be a great opportunity to introduce normies to dissident right talking points without scaring them off with Nazi BS.

-1
ff76 -1 points ago +4 / -5

gab is for free speech anyway, you knew trump would not be free speech just by who his daughter married.

3
MudDog 3 points ago +3 / -0

$45.17 if I remember correctly

14
RussianBlyat 14 points ago +15 / -1

I work too much and missed most of the news about this until around lunch today. Damn shame. Bought in around $105 just for the hell of it. Don't even care of it is manipulated to $0.

Just glad I can do my small part to Lets Go Brandon!

15
TrumpTrainChoooChoo2 [S] 15 points ago +15 / -0

Hold strong! That’s what I’m doing. This train has barely left the station and we made a temporary pause to pick up the stragglers.

9
RussianBlyat 9 points ago +9 / -0

My same thinking. Feel like it is going to rocket off on Monday.

3
67Vert 3 points ago +3 / -0

Hopefully the merger goes through and we see big gains in the long term.

14
Davy_Crockett 14 points ago +14 / -0

As a community service let me explain something about evaluations to you busy work people. For starters, the company is still massively undervalued. How do I know? Because you need to look at market cap. Market cap is 3B This is still early. Look at junk. Doge coin, GME, AMC etc. all tens of billions of market cap. This thing goes to 30B that's 10x in share price from here. It goes to twitter eval that's 16x from here. It goes to Facebook market cap from here, that's 333x from here. You're worried about risk. "It's already run up" Yes good point. Don't be a mad man and put your life savings into this. Put in 1 share. $100, if you're really broke go to a fractional share app. There's hundreds of millions of us and only 29M shares. It is patriotic duty to buy some of this, ANY amount of it. Spread the word

6
StolenElectionsKill 6 points ago +6 / -0

Got my wife on her computer this morning and executed her first buy!

3
spelunking_librator 3 points ago +3 / -0

this is the way

14
captainweasel 14 points ago +15 / -1

Ugh, I’m positively sick that I missed this. I was all ready to go yesterday morning then had some Wuhan flu bullshit happen at work distract me. I completely forgot.
Congrats to all that made money! I plan on buying in on Monday.

5
BillGall2 5 points ago +5 / -0

It is not too late. It is just beginning.

2
spelunking_librator 2 points ago +2 / -0

the best is yet to come

4
FuckReddit4545 4 points ago +4 / -0

I over slept. I'm never not up by at least 8am, rolled out of bed, grabbed some covfefe and the price was in the 40s. Was sick to my stomach. Then today I saw premarket was 65, put in my order that didn't execute until the price hit 120, now its in the 80s. I'm just disgusted... That being said, I'm happy to own this stock.

13
vigilant_citizen 13 points ago +13 / -0

I bought 110 shares. Holding for the long haul.

3
Genericwhitemale 3 points ago +3 / -0

Look at Mr Big Bucks over here

1
vigilant_citizen 1 point ago +1 / -0

Hardly Mr. Big Bucks, my stimulus checks were getting dusty.

12
DankardJ 12 points ago +12 / -0

I bought in at $12.47. Trump did it again for me. Love this man (no homo).

12
stonerm69w 12 points ago +12 / -0

1000% gain was possible. Find a stock that can match that gain in a day or two.

I hope it topples, facebook, twitter, tictok, news, streaming, and networks.

It will have the best memes. If the real ticker symbol isn't MAGA I'll be shocked

7
Throwmeaway1235 7 points ago +7 / -0

About 920% here (I did sell some at $175 and bought twice as many at $80 so it’s a bit unwieldy without Excel handy)

2
lanman 2 points ago +2 / -0

How did that not trigger a violation?

3
Throwmeaway1235 3 points ago +3 / -0

I have a big chuck of settled cash in the account and make sure none of my trades ever exceed that.

1
lanman 1 point ago +1 / -0

Nice.

12
Pelositasteslikedust 12 points ago +12 / -0

Up 25k and the phun is still going. Phun has dropped enough that there is a second chance to rocket it back to 24 before the halts started. Dwac should have hit 250 today instead of being halted at 175. Dwac is still a buy at current prices, you just need more money to make more money. Get in there guys, let's take all we can from these corrupt fucks.

12
Bw2020 12 points ago +13 / -1

I made over 1000% I got in at 11.50 and didn't buy enough. I had no clue it would go this high. It was at 175$ before the market started halting it which scared away a ton of people. Im holding this long term though. If this all works out the way he plans it to it will be worth a lot more than it is now

5
BoatingAccident 5 points ago +5 / -0

^^^^^^^^^

$$$$$$$$$

12
America_No_1 12 points ago +13 / -1

I'm only in it for a measly 50 shares at 42. Small potatoes to many...so I'm not here to pump this stock. But I would love for every share under the sun to be owned by Trump supporters. Everyone go and snap this up not only as a sign of support for Trump but also to not let the left make a single penny off of our beloved President.

Good luck bulls!

4
spelunking_librator 4 points ago +4 / -0

kids gonna get DWAC shares for Christmas... fuck the chyna crap toys

12
spinometer 12 points ago +13 / -1

100% agree

12
Datasinc 12 points ago +14 / -2

Way bigger than GME ...... nothing to do with Trump.

No it's not bigger than GME. GME is at least 280% naked shorted from what we can prove on paper by the same people that have been stealing Americans money and retirements for decades. Estimations from dark pools are 500%-100%+ meaning they have been creating synthetic shares of this and other companies (that all happen to be Amazon competitors) to lower their stock price and drive them out of business.

DWAC is important and a great thing to support but not even in the same category.

GME short squeeze will take down multiple bad actors an radically reform Wallstreet corruption and the rigged system they have used for years from what is about to happen. It will also be the largest transfer of wealth in our lifetimes. Those HF's need to buy back EVERY share that exists several times over to close those positions.

GME is rumored to be working on not only a NFT blockchain based digital media platform that would allow the buying, trading, & loaning of games, movies, music, art, and much more. But ALSO an NFT based stock trading system that would tokenize stocks and cut out the middle men and fraud like dark pools and naked shorting. A HUGE shift in money and power.

Having a social media platform by the people and for the people is fantastic and I'm all for it but it's not going to be bigger than Hedge Funds getting caught cheating with their pants down and ending their entire game forever.

Also I wouldn't be so sure GME has nothing to do with Trump and his team. If you were going after the enemies finances I can think of no better way than ruining their all in play against GME after you've seen them do it to several companies before. Bill Gates is certainly very upset about GME.

DWAC is a great idea. I Fully support it (I bought $1000 worth when it was under $15) but most of my support will be after I sell GME for an amount that looks like a phone number per share.

10
finscreenname 10 points ago +10 / -0

In other words, GME is a short squeeze and DWAC is a investment to help save the country from the tech over lords

3
Datasinc 3 points ago +4 / -1

Taking money (power) from evil HF's, Bill Gates and friends, and central banks is also saving the country from overlords.

7
Heyall 7 points ago +7 / -0

SO YOU ARE SAYING GME GOES UP FROM HERE?

SRRY FOR THE CAPS

5
Datasinc 5 points ago +6 / -1

Not just up, interstellar. VW was only 20% shorted and went to over $1000 when their squeeze happened, This is 500%+ shorted.

5
Heyall 5 points ago +5 / -0

When will they have to cover?

6
Bullet_Tooth_Tony 6 points ago +6 / -0

When the markets crashes... I hold GME but when the dollar is worthless what's the point? I guess we will see.

2
spelunking_librator 2 points ago +2 / -0

they'll destroy dollar just to weasel out of GME short positions

1
Datasinc 1 point ago +2 / -1

The moment GameStop announces their NFT dividend. Could be monday, could be Dec. But by the years end from the indicators I've seen.

4
Pelositasteslikedust 4 points ago +5 / -1

Short squeezes get stopped by corrupt overlords. If it's going to short squeeze so hard shouldn't 10 shares pay out enough to be a millionaire eventually? They won't ever allow another true short squeeze to happen. So DWAC is bigger than GME, because when people punch at Trump he punches back.

1
Datasinc 1 point ago +2 / -1

The squeeze never happened. Read the SEC report from a couple days ago.

3
BillDBlasiosBlackSon 3 points ago +5 / -2

I hold GME and DWAC. There are finance articles on Yahoo about DWAC into a 381% short. The two are similar to what I've seen. Hell, I'll buy more of both to spite people in charge who seem to want to destroy America.

4
Chippy 4 points ago +4 / -0

381% short is news to me. One big difference is retail owns GME. Not sure on DWAC...

2
Datasinc 2 points ago +3 / -1

Yeah I don't trust that number at all

2
Datasinc 2 points ago +3 / -1

There are not millions of synthetic shares of DWAC or married put options hidden in offshore companies.

DWAC also doesn't have the catalyst of an NFT dividend which would force all shorts to close.

5
BillDBlasiosBlackSon 5 points ago +5 / -0

Fair. I'll pick up another two or three on payday. Let's Go Brandon.

2
spelunking_librator 2 points ago +2 / -0

We like the stock, Brandon. We like it.

12
pepesbiceps 12 points ago +12 / -0

I really want to thank this forum, because I made 13k as a direct result, and have an additional 27k currently in warrants (that are basically pure profit for me). Thank you so fucking much for sticking that on Wednesday night.

3
julianReyes 3 points ago +3 / -0

moneeeeey

12
pnwpatriot97 12 points ago +12 / -0

Bought at $119, still holding because next week.

2
spelunking_librator 2 points ago +2 / -0

hold the line, it wants to be among stars in the sky

12
CrossTheRubiconTrump 12 points ago +13 / -1

I got perma banned for pushing $DWAC on WSB for pushing it at $12. Libtard mods are mad.

9
BigIgloo 9 points ago +9 / -0

I got banned yesterday, and then today the ENTIRE FRONT PAGE of WSB was DWAC memes.

Fucking butthurt lefty reddit trannies. /r/SPACs got mad at me too when I predicted it would skyrocket. Got shit-tons of fake negative internet points. LOL

4
WhitePowerRanger 4 points ago +4 / -0

Got shit-tons of fake negative internet points.

I hope you also got shit tons of real world money

8
dissapointedokie 8 points ago +9 / -1

Wsb has a rule against spacs and against any tickers with less than a 1 billion market cap, or “penny stocks” as you might know them. Dwac broke both of those rules when still at $12.

As it went up, market cap crossed 1b and the community went to just calling it the mango stock and not using the ticker and it could no longer be contained.

It’s not a conspiracy.

2
spelunking_librator 2 points ago +2 / -0

how to get access to wsb? aren't they private now?

7
LockThemUp 7 points ago +7 / -0

Idiots

11
RIPIsaacKappy 11 points ago +12 / -1

It's being pushed down in after hours trading when markets are easier to manipulate.

This means it will be at a good price to buy on Monday morning.

Nobody missed the boat yet, your feet might be wet but climb onboard Monday. Limited number of shares and high interest = moon.

This is about the long game and supporting Trump's enterprise, not a week of day-trading. Long term, the more money TMTG has available to do business with, the higher their likelihood of success.

And if bitter lefties / Wall Street are shorting it, that reduces available number of shares to purchase. So if lots of new buy orders start coming in next week from people who opened accounts yesterday, they might start feeling the squeeze.

I could definitely be wrong on everything I said. IANAL and I'm not a lawyer or financierist.

People who know more than I do, please up or downvote me as appropriate.

7
finscreenname 7 points ago +7 / -0

"This is about the long game and supporting Trump's enterprise, not a week of day-trading. Long term, the more money TMTG has available to do business with, the higher their likelihood of success." That's why I did it. The run up just made it so it will cost me nothing if I decide to sell a couple shares.

3
BillDBlasiosBlackSon 3 points ago +3 / -0

Same. I was inspired by a post on /biz/ talking about 'MAGA heads on Patriot's win who think they're going to be business partners with Trump if they buy the stock.' I'm thinking there's going to be some big MAGA money in this deal. I'm throwing in my hat with the Donald, and only regret doubting him as much as I did (that being a single day.)

2
julianReyes 2 points ago +2 / -0

I am personally going to make my play on $DWACW. Is it going to net me as much profit as buying the actual stock at $10 when Trump put out the announcement? No, but it'll be close and after the end I won't have to pay any capital gains tax on it thank to current financial law, so you could argue unless everybody who bought in at $10 knew tax avoidance techniques to avoid paying any taxes on their windfall then I among others will make more money in the long term.

5
MakeAmericaGreat9 5 points ago +5 / -0

Monday morning I should drop 5k on it?

4
MudDog 4 points ago +4 / -0

yes

4
julianReyes 4 points ago +4 / -0

Drop $5k on $DWACW in early hours trading when it dips. You'll essentially be getting the future valuation of $TMTG at a discount: the price you pay for the warrant plus $11.25 the strike price.

If $TMTG is worth $280 when you exercise it and the price of the warrant and $11.25 together is $40 you'll get a profit of about $240 per warrant you buy, so essentially you'd be on equal footing with everybody else who bought in at that price point without the fuss of fighting with everybody to buy at that volatile point. In this hypothetical you would be making a 600% profit off that $5k, $30000 USD, once you convert the 125 warrants you bought into $TMTG stock. And if the price goes up you make more profit so long as you don't sell the stock.

Also, once you exercise your warrant you don't have to pay any capital gains tax on any profit made, unlike everybody who bought $DWAC at $40. It's counted as ordinary income. So you could argue this is the more profitable route.

1
MakeAmericaGreat9 1 point ago +1 / -0

How do we even begin to come up with a possible price point of the stock down the road?

3
BoatingAccident 3 points ago +3 / -0

That was my take. Thanks for the investment advice!

2
MakeAmericaGreat9 2 points ago +2 / -0

What? Where is the investment advice?

3
no_further 3 points ago +3 / -0

IANAL and I'm not a lawyer

🐸

1
CrossTheRubiconTrump 1 point ago +1 / -0

36.5 million shares and a dark short position of 680%. If every MAGA Twitter user bought .5 stocks we would own the company.

11
8thGenPatriot 11 points ago +11 / -0

For anyone new to trading, welcome to the game. Todays pattern is very familiar one. Feeding frenzy at opening bell, then cratering at 10:30. Those of us who have been in GME have seen it many, many times. From that initial crash, it rallies, then dips again, slowly building up to close green. Obviously, I can't see the future. If I could, I would have liquidated my entire portfolio on Wednesday and gone all in, but I wouldn't be surprised at all to see the same pattern emerge next week again. It hit $175 briefly today. I could see it closing there next Friday if sentiment remains positive.

7
captainweasel 7 points ago +7 / -0

Today brought back January and March 10th flashbacks.

3
spelunking_librator 3 points ago +3 / -0

if sentiment remains positive

oh, it's positive! by a lot!

11
SALTYBALLS 11 points ago +11 / -0

HOLD. DO NOT PANIC SELL IF IT DIPS. BUY THE DIP

11
grenades_and_ham 11 points ago +11 / -0

800% gains, thanks Mango!

10
hillaryprison 10 points ago +10 / -0

HODL

Might be a long time before such a site is developed though.

2
spelunking_librator 2 points ago +2 / -0

they've been working on it

9
FinalDeliverance 9 points ago +9 / -0

Guys. The train hasnt been missed. $90-$100 buy could well be a steep discount come 2022.

2
spelunking_librator 2 points ago +2 / -0

It's cheap. I like it.

8
horsefacestorm 8 points ago +8 / -0

The one day I have to go into the office and sit in meetings all day, completely missing the boat. Fuck

8
deleted 8 points ago +8 / -0
5
MudDog 5 points ago +5 / -0

Exactly this. The amount of sour grapes we're seeing in this thread means there are gonna a lot of people buying in Monday morning

2
BoatingAccident 2 points ago +2 / -0

Use a trading app and take a bathroom break

8
fuckfortysix 8 points ago +9 / -1

Lets crack the fucking atmosphere, im HODLING 300.

3
spelunking_librator 3 points ago +3 / -0

by end of this Moon will be called Dwac

8
FloridaACguy 8 points ago +8 / -0

Time for a reality check my fellow Pedes.

  1. I'm on this site every night and never saw anyone talking about investing in the SPAC or buying warrants. Only mention was to sign up for the service.
  2. You cannot compare this to GME or AMC because those were short squeezes trying to force the short holders to get out at high prices. Totally different strategy.
  3. The SPAC will change to the actual company ticker symbol and after warrants can be sold, people will dump the hell out of it to get their profit and you can be left holding a very light bag. I got killed on SHLL/HYLN SPAC this way. $80 stock is now $9.
  4. GME and AMC own retail locations (a shitload) that have asset value and they have revenue coming in daily. This social media platform has no assets and no revenue yet. How can it be valued at all?
  5. This is not a good long term investment for me. People much smarter than me will manipulate the price and I cannot react fast enough to beat them. I would also fall in love with the stock because of what it represents and ride it down to zero if it went there. I am MAGA and I love Trump but there are better ways to invest my money. I bought some Sig Sauer that I am very happy with and I can pass them on to my son tax free. Can't lose there...unless I go boating I suppose.
1
BigIgloo 1 point ago +2 / -1

I would also fall in love with the stock because of what it represents and ride it down to zero if it went there.

If everyone realizes this, it will never go to 0. GME still has a magical valuation because of stubborn nerds.

Can MAGA be stubborn and put their money where their mouth is? I believe so.

1
FloridaACguy 1 point ago +1 / -0

I still own GME and AMC...

8
AbrahamLincoln 8 points ago +9 / -1

Wish I would have thrown even $500 at it when I first heard of it. Spent too long researching what a SPAC is.

8
paupertoapawn 8 points ago +8 / -0

Whats with the number of idiots that dont understand trading halts, acting like this is targetted at individual stocks to rig the game? Making us look like morons.

Volatility trading halts automatically occur on any stock that moves too much in too short of a time in either direction. Been this way for years. No exceptions. It happens automatically. Every pumped stock or crashing stock gets halted. Every last one except penny stocks. Going up or going down. Trading halts exist to give everyone a breather to sort out buy/sell order imbalance in rapidly moving markets. This prevents people from putting in a market buy order and having the ask price run away from them in a fast market and having it filled 50% higher than their quote value, or 50% lower on a market sell order when the bid is plummetting faster than orders can be filled.

Fucking google it. Or Brave search it. Whatever. Before you run your mouth and make MAGA look like a bunch of financially illiterate retards.

https://www.finra.org/rules-guidance/rulebooks/finra-rules/6121

6
dissapointedokie 6 points ago +6 / -0

Good god. Thank you for that. Needed to be said.

3
Cacciali_Via 3 points ago +3 / -0

Your post would have been much better if you deleted the first and last paragraphs.

2
julianReyes 2 points ago +3 / -1

$GME dumbfucks and LARPers who also destroyed the WSB community.

It's like Squid Game watchers who think they're coming across something new instead of a ripoff of several Japanese works.

make MAGA look like a bunch of financially illiterate retards.

Well, they are.

8
Zepp87 8 points ago +8 / -0

I checked WSB on reddit, just to see the word. Mostly libtards insulting the gains... whatever.

Funny thing was they were all wondering how people found out so soon, and got in so early. I'm reading these laughing that I see it announced here maybe an hour after the markets open.

Fuck you bitches

6
TrumpTrainChoooChoo2 [S] 6 points ago +6 / -0

This exactly. The shills are out in full force on Reddit trying to act like anyone buying this is a fool. Typical Reddit commie stuff, no difft than MSM barely mentioning this amazing story.

2
julianReyes 2 points ago +2 / -0

FUD...chuds.

HA GOTTIM haaaaack kaff kaff

ok srsly why do they have that as their forced insult

3
spelunking_librator 3 points ago +3 / -0

they suppress everything Trump, live in a bubble and then wonder how everyone else got rich

8
MAGANYficent 8 points ago +8 / -0

If you can make the trades try to do so in an IRA advantaged account. You won't pay capital gains on the trades until you take a distribution from the IRA account (and then it is taxed at your income tax rate so you can control your tax bracket.) Meanwhile, you can use the profits (once they clear at your brokerage) to fund other stock purchases. Global Foundries is coming up for an IPO next quarter.

Just remember it takes 3-4 for a trade to clear once a trade is made (so you may want to setup margin account - just don't day trade or your brokerage will increase the collateral amount you need to put up - usually 25K)

If you use a regular brokerage account, instead of an IRA, make sure you set money aside to pay for short term capital gains. Don't get caught like the RobinHood investors did with gamestop profits and not having liquid assets to pay the taxman (highway robber) come tax time.

Merry Christmas pedes!

8
nickybops 8 points ago +10 / -2

I didnt buy and im pissed

9
user365927285937 9 points ago +10 / -1

At least you feel anger instead of depression or sadness. Shows you’re a fighter

7
nickybops 7 points ago +7 / -0

It's true, the thing is, i got in early on a bunch of meme coins like dogecoin, shiba, and it paid off. I also got in one in GME early and, it also paid off, so usually I am quick to these type of things. This one time I seen this post on here that has the ticker for his stock and I noted it, but I was at work and 4 hours later I fucking forgot, so I never bought any. It was 12 bucks when I saw it. Then I wake up its like 110, I seethed, I won't lie. But regardless, I'm okay, but still, I could be more okay.

4
user365927285937 4 points ago +4 / -0

Could be okayer- I think I will adopt that ☺️

3
8thGenPatriot 3 points ago +3 / -0

Exactly what happened to me. I wanted to get in yesterday, but work got in the way. Bought in this morning, but could have had 8x as many shares if I bought yesterday. Premarket was insane today.

5
mrgreencard 5 points ago +5 / -0

This guy terminates

3
iamherefortheluls 3 points ago +3 / -0

the price is getting depressed now. by monday it should be the low point of the dip

7
reallybadmanners 7 points ago +7 / -0

i saw the announcement here wednesday night. added the DWAC to my watchlist. bought 30 shares at 6am in pre market. I own a piece of the company taking on woke big tech and I love it. And I have a few hundred % profit. Whats not to like?

3
julianReyes 3 points ago +3 / -0

bought 30 shares at 6am in pre market

Love our early bois.

I remember staying up at that time watching thefly.com like a hawk for my day's stock picks.

7
JSullz59 7 points ago +7 / -0

Yup made $1200 bucks off a swing trade today. Bought in the around 9am pre market and sold around 2 at $138. Also bought some CRTD which is Trumps new NTF.

3
deleted 3 points ago +3 / -0
2
JSullz59 2 points ago +2 / -0

Basically the same except certain brokers only allow you to trade in certain time blocks. PM and AH can be more volatile since there are less people trading.

3
Pelositasteslikedust 3 points ago +3 / -0

That's a daytrade. Not a swing trade. Swing trade is held for three days. Day trade is bought and sold the same day. Don't do three day trades without 25k in your account or you will be labeled a pattern day trader and the fec will come down on you. Three day trades every five business days is allowed, anymore and your labeled a pattern day trader.

2
JSullz59 2 points ago +2 / -0

Well I have a lot more than 25K and a 380% gain looked like a swing to me so semantics be damned

3
Pelositasteslikedust 3 points ago +3 / -0

Ah, I came out with 443.71%

7
me-no-likely3 7 points ago +7 / -0

I can’t wait to get on the Trump platform and post pics of what I had for dinner!

5
MudDog 5 points ago +5 / -0

spicy tendies, amirite?

5
me-no-likely3 5 points ago +5 / -0

Tendies are always on the menu

4
deleted 4 points ago +4 / -0
3
julianReyes 3 points ago +3 / -0

If it doesn't have support for AV1 and JPEG-XL it's not worth investing into. /shitpost

7
vongregormench 7 points ago +8 / -1

I missed it on day 1, but I really don't tend to jump on the hype train when it comes to stock. I bought 10 shares just before close today and it's already up 10%. I bought it for a long term play. I think there's a lot of idiots out there that have underestimated Trump over and over again.

3
BoatingAccident 3 points ago +3 / -0

It’s completely long term. You can make money in the ride up but I think it’s safe overall long term too. Trump and us won’t let it fail.

2
IntergalacticWalrus 2 points ago +2 / -0

How? It dropped from $92 to $81 after close.

2
julianReyes 2 points ago +2 / -0

Buy $DWACW which is basically like buying it day one but later without the hassle.

1
vongregormench 1 point ago +1 / -0

After market prices are fake prices. Worry about the price at the open. My statement was based on the closing price.

6
deleted 6 points ago +6 / -0
5
dissapointedokie 5 points ago +7 / -2

For the love of fucking god.

You.can’t.short.dwac.yet.

Options are not available on it.

A lot of the comment here make us look ridiculously stupid, uneducated, and confidently completely incorrect.

4
deleted 4 points ago +5 / -1
2
CheekyHawk 2 points ago +4 / -2

Options are not on the options chain but I watched a vid of a guy on YouTube who claims to have shorted it and lost 69k on day 1; also a pede linked a site that provided short info. Don’t have sauce, search dwac 69 on YouTube and decide if accurate.

Investors can after all trade when the market is closed, would it be any surprise that there is a method to short outside of the market as well?

Again unsure if true but it seems plausible that people might bet on this.

4
dissapointedokie 4 points ago +4 / -0

There is no method for any of what you propose. Learn how these things function and stop just buying into anything you see from literal who’s on the internet just because it helps you believe what you want to believe is true.

1
Logicalguest 1 point ago +1 / -0

You don't need options to short a stock. You can just sell it by borrowing shares, thus shorting the stock. Even riskier than options. Options can expire worthless. A shorted stock you open yourself up to unlimited losses.

5
mugatucrazypills 5 points ago +6 / -1

Those WSB guys aren't your frens. Reddit too long gave them cancer.