The tumultuous journey of NASDAQ:DWAC stock, the special purpose acquisition company (SPAC) aiming to take former President Donald Trump's tech and social media platform public, continues to captivate investors amidst a whirlwind of events. From surging highs to staggering lows, the stock's trajectory reflects the intricate interplay between market expectations,...
Phunware Inc. (NASDAQ: NASDAQ:PHUN ) has witnessed a dramatic surge in its stock price, fueled by a flurry of developments in the political and corporate landscape. As investors react to key events surrounding Donald Trump and the SEC-approved SPAC merger involving Trump's media company, PHUN shares have soared by over 50% in recent days.
Rallying on Political...
In the wake of former President Donald Trump's resounding victory in the Iowa caucus, Digital World Acquisition Corp. (NASDAQ: NASDAQ:DWAC ) has emerged as a major player in the evolving landscape of media and technology. The SPAC's significant rally, soaring over 50% since Trump's triumph in Iowa, and an additional 10% in premarket trading on Monday, January...
DWAC is set to rip next week. Noticed interesting volume that tells me someone has been buying heavy, twitter drama, red wave talks incoming, elections, and price held over the IPO price. Pretty stellar set up. Not going to chase but if I see a pullback I thinks its going to pay big time.
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...
Truth Social SPAC DWAC looks about ready to recover.
A very strong correction took place since early March this year that resulted in a total 78.40% loss of value.
Now we are getting early signals that things are about to change.
The current price action smells to liquidity hunt.
A break below support just to quickly reverse.
As usual, bottomed out;
Very low...
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...
