If Elon Musk doesn`t buy Twitter, that doesn`t mean he`s affiliated with Truth Social.
If you haven bought DWAC they announced the merger:
or short it at $55:
then this rally today seems to me the perfect opportunity to buy $10 puts expiring early 2023.
Not because i don`t believe in the project, but because it`s overvalued at this point.
The market cap...
I first bough DWAC at $12:
Thinking that Truth Social will take some market capitalization from Twitter and Facebook:
But since Elon Musk wants and most likely Will buy Twitter and enable true free speech on the platform, where Donald Trump won`t get banned that easily, then what is the purpose of DWAC (Truth Social and the rest) anyways???
Ok, let`s say it`s...
After it took some of the market capitalizations of both Twitter and Facebook:
now Trump media is facing a real opponent: Elon Musk. one of the most admired men in the planet.
Musk transformed TSLA into a cult, the first meme stock, before meme stocks were cool.
And it looks like the only one who can save Twitter too. In which he bought a 9.2% stake, worth...
Truth Social was released in App Store on Presidents Day, like expected:
If you haven`t bought it when the merger was announced:
Or see this comparison:
Then you should know that $110 is my price target!
If you haven`t bough DWAC at my fist call, before it skyrocketed to $180:
Then you should know that Truth Social's app profile page App Store seemed to point to the service launching on Feb. 21: Presidents Day.
even though i don`t see a necessarily a correlation between the ride of DWAC and the fall of FB and TWTR, this was a mk cap comparison:
I think Donald...
Besides the Ideological Investing as a strong push back against the “liberal media consortium” that banned President Trump, Twitter and Facebook retraced from their highs while DWAC was rising.
Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement.
The transaction values TMTG at an initial...
We believe that DWAC a stock which is related to trump has a possibility of gapping up $5/$10.
On the technical side the 4h chart , the MacD crossing to the upside of 51.73 holds 54.97 is the next target than 57.30
The contract that was purchased was a $55 call for $53 the stop loss would be 38 since the bid and ask was wide the stop loss would be around $30. If...
Twitter permanently banned Trump from the platform in January 2021 during the final days of his term. Back then he had over 88.9 million followers.
Can we expect a retracement to that area because of TRUTH Social gaining momentum and market share?
Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger...