It seems no matter where he is going or what he does, Donal Trump is the one who defines the rules..! Please do not ask about the price target of this SPAC! It can go anywhere, at the time of writing this analysis its premarket price is 86 while yesterday's close was 45, and 2 days ago it was 10 USD/share. The question is this : What would be the potential...
DWAC has a Market Cap of only 1.635B, but let`s put the less upside potential 1.7Bil usd at 10usd valuation, then the value of Trump Media & Technology Group should be 7.7Bil. Twitter has 52Bil mk cap, so still a 6.7Xupside. FB Facebook, Inc. has a Market Cap of 963.91B, so 99X from here. what is your price target for DWAC??? Trump Media & Technology Group...
Volume increase and reversal on charts + high shares shorted, last I check was around 6.5million shares borrowed
Donald Trump announced yesterday the creation of the Trump Media & Technology Group (TMTG) which will develop and launch a new social network! Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement. The transaction values TMTG at an initial enterprise value of $875 Million, with a potential ...
Google the 2016 Trump song... Normally I discourage people from buying IPOs first day or first week. In this case I think it will be a fun ticket. The key takeaway of 2021 markets are: more thinking = less gains What is this you might ask? Shares of Trump-linked SPAC close up 350% following news of social media deal www.cnbc.com