History: Merger between Digital World Acquisition Corp and Trump media and Technology Group was approved to take his social media platform Truth Social Public
Idea: 1)Wait for the brief dip before buying ( around $47.20) and hold for this to cross $53.49,
We are seeing a short squeeze in the stock, I expect a sharp decline once the DJT stock price "true value" is realized
lol, "true value" is not monetary at this point, if ever
eakosah
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@vrwired that’s why I put it in Parenthesis it’s going to be treated as a meme stock for the most part
vrwired
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@eakosah, copy that. You mean quotes, and "true value" certainly means more than you appear to anticipate
eakosah
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I’m referring to the expected DJT stock volatility after the launch tomorrow until Trump sells his shares or the Wallstreetbets traders sell their positions. After that, we will see the “true value” of the stock share price. Overall it should be treated like a meme stock.
vrwired
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Again, "true value" is not monetary; meme or not, it's a clear blessing for our country should it unfold the way it appears to MAGA, despite any twists from MSM
eakosah
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@vrwired I understand what you mean, I know it's not monetary but as of now the DJT stock isn’t live and we have zero data on the stock's performance. My idea thread was for DWAC. I mentioned Truth Social purely on the basis that the DWAC performance today is directly related to the DJT IPO. However, we will have a better understanding of how to trade DJT after the IPO.