539
posted ago by bubble_bursts ago by bubble_bursts +540 / -1

A lot of people here know what is DRS - Direct Registry System.

If you have been following the Gamestop saga, you know that brokers and hedgefunds manipulate share prices by short selling and by creating phantom shares based on shares belonging to their retail customers which is held in the broker's name.

DRS is one way to ensure the shares are held in your name and the broker / hedgefunds cannot fuck around with it to manipulate the market. r/SuperStonk is basically dedicated to DRS of GME shares at this point.

What most of you might not realise:

  1. Just like GME, the Black Hats most probably pulled the same tricks to drag the DWAC stock price down when the markets opened yesterday. Some Anons who have been following GME have said that what happened yesterday was equivalent to what happened to GME over weeks. A.k.a just like 2020 elections, they had to pull out all stops in fraud to bring Trump's DWAC down.

  2. DRS is not the only way to achieve protection against this. There is another way. Its called Deposit/Withdrawal At Custodian. Its called ..... drumrolls please .... DWAC

Is this just one more coincidence? DWAC gets hammered by the bad guys just like they did to GME and just like they have been doing to any company that does not play by their rules. But it also so happens, one of the 2 ways to stop this is by DWAC.

This is no co-incidence! Trump could have picked any suitable name for the SPAC for his Social Media, but he picked Digital World Acquisition Corp which stands for DWAC.

Trump is giving us a YUGE hint. He is saying that DWAC will destroy the Wall Street Big Money evil guys.

Buckle up folks, we are gonna DWAC the shit outta the deep state.

Comments (273)
sorted by:
34
K-MAGer 34 points ago +34 / -0

How does the average person (like me) invest in this stock? Help ELI5

45
bubble_bursts [S] 45 points ago +45 / -0

First you have to ask yourself how much money you are willing to lose completely for this cause. As long as its at least $100 you have a chance.

Next you need to create an account with a brokerage firm. You can use ETrade, or Fidelity or any number of other brokerages. You can even use Robinhood as a last resort if you cannot open any other account.

Once you are setup and ready to go, fund your account and then you can search for the symbol DWAC and buy it.

For buying it, you should select "limit order" instead of market order, and put in the max price you are willing to buy the shares at. Right now its around $94 but expect it will go up when market opens. So you have to put in a price slightly higher so you have a chance of buying it.

Once you buy it, just hold it (since you are okay losing this money) and hopefully it will go to the moon

31
TheAwakened 31 points ago +31 / -0

Yeah never use Robbinghood.

12
Suckitreddit 12 points ago +12 / -0

I think the citadel/RH collusion is a Moab if pursued... Isn’t there email comms (within RH) coming to light? it is so apparent they stopped the trading on GME to help citadel cover their shorts.

8
TheAwakened 8 points ago +8 / -0

Ken Griffin lied under oath.

6
Suckitreddit 6 points ago +6 / -0

Yup

2
Tylerlc22 2 points ago +2 / -0

I agree, yet still use it. It was simple when I was learning and ..ya

3
TheAwakened 3 points ago +3 / -0

You can swap to fidelity and feel good that RH has to scramble to buy shares for you

They are super shady and will probably fuck you, but you already know this and still decide to stay with them😅

1
Tylerlc22 1 point ago +1 / -0

Im not really into stonks to get rich. Just to hurt the system/establishment. Only reason i was holding AMC

3
TheAwakened 3 points ago +3 / -0

Yes and by using robbinhood you are giving the establishment ammo.

They are owned by Citadel (our enemies), and they lend out your shares so Citadel (and the system) can short your investments.

So if you dont care about money and only wanna fuck the system, you should gtfo robbinghood, since all you are doing by being a customer there, is to provide them the lube they need to fuck you

1
Tylerlc22 1 point ago +1 / -0

But doesnt everyone else charge you to buy sell?

3
Slyver 3 points ago +3 / -0

You can purchase for free through Fidelity and then later direct register your shares through computershare.

1
Christ_Alone 1 point ago +1 / -0

I use Robinhood but they did bend the knee to the SEC but at least Robinhood CEO came clean a d said the SEC for rd their hand to halt trading and claimed RH had to pay $3B if they wanted to keep allowing GME to be bought

1
TheAwakened 1 point ago +1 / -0

Yup, so they chose to fuck you for own profit, which means they will make the same choice next time as well

7
SOTUisFUBAR 7 points ago +7 / -0

Yes, NEVER invest more than you can afford to lose!

I'll just say for me, I'm no newb to stocks but no stockologist either. I ended up doing market orders on my DWAC/W as I kept missing out on limit orders.

While you may get jacked on a market order, it also ensures you get in once you submit the order, where a limit may get surpassed and you'll have to edit or cancel/re-submit. Here's a good expansion on one vs the other:

https://www.investopedia.com/ask/answers/100314/whats-difference-between-market-order-and-limit-order.asp

I was happy with getting 10 DWAC at $17.765

5
RugerP89 5 points ago +5 / -0

... Your OP made it sound more involved. What protects you from your broker selling your own shares a la GME?

9
bubble_bursts [S] 9 points ago +9 / -0

So with DRS and DWAC the broker transfers the name on the share from their street name to your name as the end result. When they do that, they have to transfer the real share certificate, not the phantom ghost shares, so the share gets accounted for.

Also, the actual process is quite involved, calling up the Brokerage firm is just one step :)

7
2moro2day 7 points ago +7 / -0

I contacted fidelity too DRS and they told me "you only do that if you are shorting the stock sales". Is that true?

20
4wifesCPU 20 points ago +20 / -0

No. They were wrong. DRS is just you taking custodianship of your own shares. They were referring to rehypothication. which is where your broker can borrow your owned shares. At Fidelity, specifically, you have to give them explicit consent for this to happen.

5
2moro2day 5 points ago +5 / -0

Thanks for clearing that up.

14
bubble_bursts [S] 14 points ago +14 / -0

Haha, no they have all been known to lie, especially when it came to GME. Infact by not doing DRS, you are allowing them to short the stock, so their response is telling.

13
KekistaniMemeLord 13 points ago +13 / -0

for all those new to the stonks, I highly suggest going over to superstonk on plebbit and reading all the DD they have accumulated there. It will fill you in on how fucked the markets are and harden your diamond grip. Literally the only thing people need to do to beat these fools is believe in your investment and hold onto it longterm. A ton of their fuckery is hinged on manipulating retail traders into panic selling their shares.

Read the DD. become immune to the fake manipulated daily price movements and hold your investment to what YOU think its worth not what some "smart money" criminal on wallstreet thinks. Achieve Zen. Diamond hands.

2
nothingberg 2 points ago +2 / -0

I am such a newb I don't even know what DD is and couldn't figure it out on superstonks

can you tell me what DD is?

6
cheesygorditacrunch4 6 points ago +6 / -0

That’s a straight up lie lol. Like so bad of a lie I’m calling it malicious, they scared.

1
SoMuchWinning45 1 point ago +1 / -0

Hedgies r fukt.

4
Suckitreddit 4 points ago +4 / -0

At vanguard eight days ago, they had so many DRS requests for GME, they streamlined the process. Got a confirmation of request, waiting for computershare snail mail account number.

The shares are linked to your ss# so they come out of the pool.

I guess I’ll do the same w DWAC...

Even a big euro CEO let this strategy slip during an interview (on CNBC?) earlier this year...let me look for a link

1
Joshheretohelp 1 point ago +1 / -0

please post proof...this is criminal

3
Unhappymeal 3 points ago +3 / -0

I’m new to this. I got 10 GME, 4 DWAC. I clicked the link regarding DWAC your DWAC. Reading through it slowly and carefully. Hopefully this process is simple as being brand new to this I don’t wanna fuck anything up from user error.

3
bubble_bursts [S] 3 points ago +3 / -0

I would say for now just HODL both shares. For GME you might want to do DRS, its been explained on r/SuperStonks in detail. As for DWAC, right now the name is a clue, but as more things happen it will be clear what our role is in this.

1
Unhappymeal 1 point ago +1 / -0

Thank you my fren.

2
Speak4Yourself 2 points ago +2 / -0

DWAC is not listed on computershare for DRS - how do we DRS or deposit/withdraw @ custodian the DWAC security?

1
SoMuchWinning45 1 point ago +1 / -0

You need to find out who holds the shares for the company owners of DWAC. Gamestop goes through Computershare.

1
Joshheretohelp 1 point ago +1 / -0

I think we may need to now DWAC our shares and not DRS

https://www.reddit.com/r/GME/comments/qcuxt1/whats_the_difference_dwac/hhipx8y/

spread the word

1
Speak4Yourself 1 point ago +1 / -0

How is that done, and what are the benefits/differences? A wrinkle brain needs to break this down, or people will think this is a FUD campaign to get apes to stop DRS.

1
RandoMando2A 1 point ago +1 / -0

Do we have to have a physical certificate to DWAC? Investopedia says this, “ To deposit your shares to your broker via DWAC, shareholders must provide original stock certificate(s), the DWAC deposit form, and applicable fees.”. Seems DRS is simpler, just a call and request, but not as quick as I’ve heard brokerages drag their feet getting the transfer done.

1
bubble_bursts [S] 1 point ago +1 / -0

I agree DRS is simpler, I think the naming is more of a clue to whats coming rather than actual call to action.

6
Joshheretohelp 6 points ago +6 / -0

nothing except DRS/DWAC

5
queue-anon 5 points ago +5 / -0

Transferring GME shares to computershare or buying direct from them

If you really want to do this let me know i can help.

5
Joys1Daughter 5 points ago +5 / -0

You are a GENIUS u/bubble_bursts!! 👏

I never fully understood what what's been happening with Gamestop until you turned on the lightbulb for me! And, now that I understand about Direct Registry System, I KNOW you are correct about POTUS' DWAC!

No coinkedinks! 💥

4
Phishhed44 4 points ago +4 / -0

Ditto...this explains what I used to experience in the Market with manipulation etc. Was out of it for 5 years before GME & now DWAC got me back involved.

4
bubble_bursts [S] 4 points ago +4 / -0

I have learnt more in the last 12 months than the rest of my life put together, and for the first time, I have learnt truth instead of lies. I have also learnt just how ignorant I have been and how much knowledge is out there yet to learn and hopefully one day those doors open for us and we will know everything we need to know about the society we live in. In the meantime I hope Anons can help each other learn and grow everyday.

2
Joys1Daughter 2 points ago +2 / -0

The same for me in the last 4 years. I thought I was awakened as a child on November 22, 1963 but I knew Nothing then compared to what I have learned in these 4 years since Q shared the largest intel drops in history.

Keep sharing your knowledge and bless you for it!

I pray everyday for the future where anons will held guide and unify each other and I do believe God has ordained POTUS to be His Trumpet.

The future will be biblical. We are here for a reason.

3
bubble_bursts [S] 3 points ago +3 / -0

Amen

3
VetforTrump 3 points ago +3 / -0

Are you sayinh dwac is going to crash like gme?

5
Joshheretohelp 5 points ago +5 / -0

its being manipulated like GME and others...they halted the stock to implement some algorithm on it is my best guess.

6
zanonks 6 points ago +6 / -0

it might already be nearing AMC/GME levels of shorting. just look at the volume on a stock with only 30 million shares

4
Joshheretohelp 4 points ago +4 / -0

time to hold all 3 and find out

1
zanonks 1 point ago +1 / -0

thats the plan

2
briancfm 2 points ago +2 / -0

It's a lot of money for a spac with no target.

3
propertyofUniverse 3 points ago +3 / -0

It represents faith in Trump's team

1
zanonks 1 point ago +1 / -0

trump's social media presence on the platform alone is worth current valuations

add in the chances that assets from other social media co's will be on the auction block due to election interference, smart branding for search optimization, and many other factors and it's still looking like a steal to me

4
SoMuchWinning45 4 points ago +4 / -0

Gamestop itself isn't going to crash.

14
QuestGiver 14 points ago +14 / -0

You set up an account online with a brokerage. You can take your pick, fidelity, e-trade, ameritrade or others. Then you transfer money from a bank account to your brokerage account. Then while the market is open you put in a buy order for whatever number of shares you want to buy. Make sure it’s a limit order and not a market order. With a limit order you set a maximum price you’ll buy at. With a market order you’re telling them “fill it right now at whatever the market price is” and sometimes you’ll end up paying way too much because the only person selling at that exact moment was selling at some ridiculous price.

10
axrevolutionai 10 points ago +10 / -0

now, to get in sometimes, market is required.

It comes down to

Can you lose the money?

Are you willing to wait?

If so, any average pede or anon should take $200, buy what they can, and HODL.

They'll get a nice big screen 8k TV or a downpayment on a good car at the very least in a year or two.

At the very least. not financial advice and I'm just a fren but there's some crazy predictions about what happens to GME and now DWAC in the future

4
SOTUisFUBAR 4 points ago +4 / -0

I ended up doing market after a couple limit attempts and got in at $17.765

For first timers is going to be much easier to do market orders, especially with a quickly changing stock.

3
Warren_Puffitt 3 points ago +3 / -0

Noice. My first buy on Thursday was @ $13.17 but I effed it up on Friday with a second buy to wind up with a $19 average.

4
SoMuchWinning45 4 points ago +4 / -0

No, we're getting fuck-you retirement money with one share.

Hedgies can't cover. Hedgies r fukt.

7
K-MAGer 7 points ago +7 / -0

Thank you!!! Do you prefer one of the brokersges?

10
QuestGiver 10 points ago +10 / -0

I use TD Ameritrade for my trading. I started investing with Scottrade a long time ago and then a few years ago TD Ameritrade bought them. So far everything has been smooth with them and I haven’t felt the need to switch.

7
cheesygorditacrunch4 7 points ago +7 / -0

I firmly believe based on my experience TD doesn’t buy your shares. Instead they take your money, give you an IOU and just use your money to short the fuck out of your investment knowing retail will sell when they start losing money.

2
Phishhed44 2 points ago +2 / -0

That’s what I figured. I’m transferring mine to Computershare asap.

2
dinsdale69 2 points ago +2 / -0

Until soon when they change to Schwab.

2
deleted 2 points ago +2 / -0
2
deleted 2 points ago +2 / -0
2
FOREVER_MAGA 2 points ago +2 / -0

The following is NOT financial advice. I'm just a normal, God-loving patriot who loves country and family.

I would encourage you to not use TD Ameritrade. While their interface is excellent, things seemed to take a turn for the worse when Charles Schwab entered the picture. I'm sad to say, it appears like they're now one the many "questionable" brokers.

It took a LONG time for TDA to transfer my GME shares to ComputerShare... and this was back in early September. I initiated this request via an "in person" office visit at TDA, and was told three days. It took one month.

Even now, Fidelity is taking only about 3 days to transfer your shares to ComputerShare. It looks like Fidelity (unlike many other brokers) actually "held" your stock, and so they have quick access. The other brokers seem to be "scrambling" to find/buy your stock to fulfill your transfer request. There's no reason it should take them 3 weeks to transfer your shares when Fidelity takes about 3 days.

No matter which broker you use (even Fidelity) - your shares are NOT IN YOUR NAME. And, if the broker were to ever go bankrupt, your shares would "disappear" and I believe the insurance to protect the account holders only pays up to $500,000 (?) per account - even if you had millions.

It is much wiser to Direct Register your shares... and take them out of the hands of the hands of the evil entities who do illegal things with YOUR shares to manipulate the market (to your disadvantage).

Be smart... OWN YOUR STOCKS in YOUR NAME. BE AN ACTIVE PART of THE PLAN! Take steps to fight the evil ones (Central Banks, Federal Reserve, DTCC, SEC, hedge fund crooks, etc.). It's all a big club, and we're not members (George Carlin).

ComputerShare is as solid as it gets. Yes, they are very old fashioned in how they operate, but they've been in business since, 1974?

If you own any of the following stocks, please consider Direct Registering them in YOUR NAME, and take power from the bad players in the financial markets.

You do not have to create an account at ComputerShare first, call your broker and request a "DRS Transfer". They will "open an account for you (using your Social Security Number) and transfer the number of shares you request them to transfer. A few weeks later, you will receive a snail mail letter from ComputerShare, then you create your online account there.

Some of the companies ComputerShare represents are:

GameStop, AMC, Apple, Exxon Mobile, Coca-Cola , Walmart, AT&T, Verizon, Ford Motor Company, IBM, McDonalds, Intel, Abbott, Advanced Auto Parts, Alaska Airlines, Alphabet (Google, etc.), AMC, Amazon, American Express, BMW, Big Lots, Black Rock, BorgWarner, Campbells, Chevron, Costco, Discover, Domino's Pizza, DOW, Dupont, Ebay, Etsy, FedEX, Del Monte, GameStop, Goldman Sachs, Guess, Harley Davidson, Hasbro, HSBC, IBM, Jack in the Box, John Hancock, Johnson & Johnson, KB Home, Kyocera, Lear Corporation, Lowe's, Macy's, Marriott, Mattel, MicroSoft, Nestle, Nokia, Nordstrom, Papa John's Pizza, PayPal, Penske, Pepsico (Pepsi)... and MANY more.

Let's all take an active part in THE PLAN... take down the corrupt players in the financial sector who have been milking our money, destroying businesses for generations.

1
QSAVEDTHEWORLD 1 point ago +1 / -0

Is Vanguard considered a brokerage? Or would I have to open a new account at one of the above mentioned?

4
TheAwakened 4 points ago +4 / -0

Use fidelity

1
FOREVER_MAGA 1 point ago +1 / -0

Vanguard is a brokerage, however I recommend Fidelity. Then have Fidelity open an account for you at ComputerShare and transfer a percentage of your shares over there.

7
Joshheretohelp 7 points ago +7 / -0

Webull is easy and fast...but they are Chinese based

Fidelity is great, USA...may charge fees

TDA...they arent to be trusted due to GME saga

3
dtxman75 3 points ago +3 / -0

Also Webull was one of the brokerages that halted trading on DWAC thursday. I have them and now consdiering fidelity. Its fucked me hard on that open and rocket to 175. Missed major gains because of it. Im a retard stock trader. But so far reading a assload of info Fidelity sounds like the least amount of fuckery for retail investors. As with everyone, this is not financial advice and im a ape but dont eat crayons

1
TacticalWitdotcom 1 point ago +1 / -0

Trading was halted for everyone- multiple times. It's done by the exchange- meaning nasdaq.

1
dtxman75 1 point ago +1 / -0

It may have halted by nasdaq, i cant confirm this for that particular instance. It did not halt for everyone that is not true at all. In real time i was communicating with different people on different brokers and it did not happen universally so dont come out stating things like its some fact that just happens that way. Were you even trading at the time it happened? Or just chiming in like you know and repeating something you read.

1
TacticalWitdotcom 1 point ago +1 / -0

I trade regularly and had shares in 2 platforms all morning. Think what you want.

6
NoNameJames 6 points ago +6 / -0

Be aware that unless all of the online brokers have changed, they charge fees for every trade you make.

3
Suckitreddit 3 points ago +3 / -0

Many on fidelity and vanguard are commission free. Competing w those fractional share trading apps I guess

5
TheAwakened 5 points ago +5 / -0

If you are US you use Fidelity. They have the least amount of fuckery. But use computershare so you actually have your shares

3
Unhappymeal 3 points ago +3 / -0

New to this. I have been using AmeriTrade. Do you know if they are friendly towards the Computershare? Trying to navigate this while learning as I go has been a wild ride.

3
TheAwakened 3 points ago +3 / -0

I think they pulled shady shit in January with gme, seen many people recommend not to use them.

Im not US, so dont know that much about your brokers and stuff, but from what I do know, I would use Fidelity if I was in US. They left GME alone, and they let you move to computershare

2
FOREVER_MAGA 2 points ago +2 / -0

I recommend getting away from TD Ameritrade. Sad, because I started with them many years ago.

1
Unhappymeal 1 point ago +1 / -0

What’s the preferred stock trader to go with?

2
FOREVER_MAGA 2 points ago +2 / -0

Fidelity

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

Fidelity

6
biner79 6 points ago +6 / -0

I just started this adventure and didn't understand about the limit order vs. market order and used market order. Yep I took a beating, so now I have to hope it goes up way higher than the opening price yesterday. Live and learn.

7
SOTUisFUBAR 7 points ago +7 / -0

I wouldn't worry about, 1. It's a learning curve, 2. It's a new stock, first couple of days is nothing to judge by, 3. Regardless, you're helping the Trump Train locomotive over the DS/CB!

9
Suckitreddit 9 points ago +9 / -0

I’d rather use money to buy DWAC than donate it to the RNC or any Rino candidate ever again.

White hot hate for the RNC me haves.

5
SOTUisFUBAR 5 points ago +5 / -0

Buying a share of DWAC is the best contribution you can make to Patriots/Democracy/Etc etc

3
nothingberg 3 points ago +3 / -0

100x THIS

3
AngelCole 3 points ago +3 / -0

It could also split in the future which would double your number of shares. Of course, I believe the price then goes down but can always go up from there. I'm not a day trader so I'm looking to buy and hold for at least a couple of years.

1
BoatingAccident 1 point ago +1 / -0

Price splits too. But when it goes up again you now have twice the number of shares gaining value.

6
45-4KAG 6 points ago +6 / -0

My brother in law didn't understand market vs limit. Robinhood automatically buys at market unless you go through a bunch of clicks and loopholes. So when the market opened yesterday, instead of him getting what he thought were ~$63 shares, it forced him to buy ~$119 shares. Yesterday I could see that roughly 3% of the shares were bought at that price, and 3% was the highest grouping on the chart...so I'm assuming those were all people who got screwed hard by Robinhood.

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

Even at $119 its a steal, it could have been far worse. One Anon here had his shares filled at $175. I never use market orders, esp on volatile shares, for this very reason.

8
LeeChild 8 points ago +8 / -0

i was one of those aholes...i put in a market order on a halt and I got screwed. IT was my own fault. Always do limit orders on volatile stocks...ALWAYS. The stock will shoot past 175 in my opinion or at least im hoping...

5
biner79 5 points ago +5 / -0

I'm glad I'm not the only one who took the rookie $175 beating.

4
LeeChild 4 points ago +4 / -0

I'm not a rookie but acted like one. I deserve the beating.

3
Joshheretohelp 3 points ago +3 / -0

I just found out about margin accounts....gme hodler since Jan

1
BoatingAccident 1 point ago +1 / -0

Do NOT fuck w margin trading unless you are a pro!!!!

4
bubble_bursts [S] 4 points ago +4 / -0

Yeah it will if there is no more fuckery. Apparently the stock is like 300% shorted or something according to someone, meaning they will have to really dig in and dig deeper to keep fucking around. But they cant afford to let it rise because it will sink their sorry asses due to all the shorts they already did. Would be fun watching them squirm though.

3
AngelCole 3 points ago +3 / -0

Thank you all for your tips. I didn't know about market vs limit. I plan to buy more dwac so I'll definitely use this information. God bless you!🙏🇺🇸

3
dtxman75 3 points ago +3 / -0

Have to really watch on if DWAC is volatile like it was thursday. I missed 6 buy in and sell bulk slots because i didnt guess right within a couple of $ .02, cents.

3
Slyver 3 points ago +3 / -0

Always add a couple cents onto your order. Like, instead of $20.50, make it $20.52. Stocks often bounce on easily divisible units (like $x.00, or $x.50 depending on how much the stock is selling for). When they hit those common number buy orders adding those extra two cents helps ensure you'll catch it before it bounces too high.

At least that's my two cents.

1
BoatingAccident 1 point ago +1 / -0

You think Trumps gonna let this fail? :)

2
45-4KAG 2 points ago +2 / -0

True. And that poor Anon.

He didn't understand. I've been teaching him what little I know now. He also didn't understand that he placed an order for market hours instead of after market trading. Robinhood isn't user friendly at all. It just has you put in your total money you want to spend, then does everything else for you. Unless you go click something that says "Dollars" to get the full menu. It's awful.

2
TXdeplorable 2 points ago +2 / -0

Thats who bought my shares at 175!!!

I never saw the price actually hit 175, and the trend doesnt reflect that either.

Im buying back in on monday.

4
bubble_bursts [S] 4 points ago +4 / -0

Yeah, in my brokerage account the graph never hit 175, but the high showed 175. Dont know if thats fuckery or just honest mistake

2
AngelCole 2 points ago +2 / -0

Yes, I wasn't watching every second but I only saw it get in the 140s.

2
LibertyForAll 2 points ago +2 / -0

How do you know 3% of shares were bought at that price? How do you find that out?

1
45-4KAG 1 point ago +1 / -0

I think that's what it means on WeBull. Is the only way to share a screenshot/picture to create a new post?

1
VetforTrump 1 point ago +1 / -0

Send me a check and I'm on it.

5
Burto_87 5 points ago +5 / -0

Me too please ELI5

3
NapalmDeath 3 points ago +4 / -1

Open an account at stock site like E*TRADE Would be first step Or find a stockbroker you trust

2
45-4KAG 2 points ago +2 / -0

Just an FYI, ETrade put a hold on my funds for 3 business days, so I can't do anything. If you plan to use ETrade you'll have to choose an option, like wiring money, that doesn't put a hold on it.

I've been using WeBull. It allows trading with up to $2,000 uncleared. It also explains stuff well for a noob like me, like Stops and Limits. There were rumors it's owned by China, but I have no idea.

Whatever you do, don't use Robinhood. It's awful.

6
Infidel440 6 points ago +6 / -0

If you already have your bank account set up with e trade you just hit the top transfer options, click on your bank account and then your trading account and it’s usually there within minutes. No three day waiting.

2
45-4KAG 2 points ago +2 / -0

Yeah, but I didn't have ETrade, so made a new account. Like these anons want to do, so was just warning them there might be a hold.

I linked my bank account, and since the ETrade account is new, it put a 3 day business hold on it. Arg. Oh well. I was wanting to get a few warrants, but not sure if it's worth it. I was able to get some stocks on WeBull.

2
pnwhomebrewer 2 points ago +2 / -0

I use WeBull and Fidelity haven’t had any problems.

2
dtxman75 2 points ago +2 / -0

Webull halted trading on DWAC for a loooong time Thursday. And DWACW, DWACU cant be bought or traded. The halted fucked me hard but other than that it is pretty easy for noob ape traders like me.

1
AmericanVictory 1 point ago +1 / -0

Fidelity shows a 1-2 day wait time to link up with my bank account. If the black hats try to sink it Monday, at least I'll avoid that!

17
deleted 17 points ago +18 / -1
9
bubble_bursts [S] 9 points ago +9 / -0

Hahaha, I see a meme coming ...

8
deleted 8 points ago +8 / -0
2
Slyver 2 points ago +2 / -0

Give it a NSFH label.

Not safe for hedgies.

12
SpiritusVeritatis 12 points ago +13 / -1

I had a thought this morning about how similar DWAC sounds to $WHACKD.

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

Yep, that too! I was going to add it in this post, but didnt want to add speculations

5
bidiadicc123 5 points ago +5 / -0

If you’re looking in a keyboard, SHIFT + 4 = $. 4th letter of the alphabet = D. Does $ = D ?

2
nothingberg 2 points ago +2 / -0

wow

12
teppischfresser 12 points ago +12 / -0

I agree with you 100%. DRS is the only real way we can stop the manipulation of the market. Just as Q says and the constitution says, we the people have the power. Let's stop begging the SEC to do their jobs and let's do it for them. That will show everyone else not only how badly the markets are manipulated, but also how corrupt the institutions around Wallstreet are that were "meant" to protect the retail investors.

5
Thetick130 5 points ago +5 / -0

What i can't find is the transfer agent of dwac....if we direct register all 28m shares, they are done for.

9
RichieAppel 9 points ago +9 / -0

DWAC: Down With All Commies.

8
Warren_Puffitt 8 points ago +8 / -0

It's good to see positive sentiment here about DWAC after spending an hour reading on the topic in r/wallstreetbets - the Orangemanbad psychos really tamp down any measure of objectivity. It's funny to watch them let their unhinged emotions cause some of them to avoid making huge gains, and others who did boasting on their pump & dump strategies and predicting eventual implosion of TMTG Corp because Trump. Orange Twitter...lol. Also, although I'm happy that I've got some of this and that I'm looking at $6k in gains from 2 trading days, I believe that theres way more to this beyond some stock market play; call it hero worship or whatever TF I dont care but Trump touched the Good Fortune button for America for 4 years through the MAGA movement and that proved his true intentions to me. Anyone hodling DWAC and eventually TMTG are owners of a piece of history.

8
evangelion 8 points ago +8 / -0

"call it hero worship or whatever"

It isn't hero worship to think the guy can run a business well.

8
nineohseven 8 points ago +8 / -0

SPAC Force! Such a rollercoaster. Thank you for the bonus insight.

8
MuckeyDuck 8 points ago +8 / -0

John Henry told his Captain:

A man, he ain't nothin but a man! But before I let that steam-shovel beat me down, Oh I'll die with this hammer in my hand.

7
zanonks2 7 points ago +7 / -0

Do you know more about how to dwac our dwac?

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

https://www.investopedia.com/terms/d/dwac.asp

Requesting and Delivering Physical Certificates While this process is electronic, shareholders can still withdraw their stock from their brokerage accounts and request a physical stock certificate by either having the broker initiate the request through DTC or by having their broker send the shares electronically directly to the transfer agent through the DWAC system. There may be fees for this service. The withdrawal of DWAC shares as physical certificates generally require Medallion Signature Guarantee - a certification stamp that guarantees the signature on a share certificate is authentic.

I believe you can just call up your brokerage firm and request a physical stock certificate.

Alternately you can still use DRS, which has been exhaustively researched here

10
BigMikesSaggyBaggins 10 points ago +10 / -0

I have also reached out to Computershare to see if they have plans in the future to add this to their portfolio so we can DRS to them. I will get back with everyone once I get an answer from them.

5
bubble_bursts [S] 5 points ago +5 / -0

Okay, want to know. But I believe each stock is listed on one primary agent (there is a different name for this term) which is who you have to DRS to. For GME its computershare, but it could be different for the SPAC.

5
BigMikesSaggyBaggins 5 points ago +5 / -0

It could be, but we don't have that data yet it seems. With Computershare being a transfer agent, they could add it technically. They offer many more stocks to DRS than just GME, it'll be interesting hearing back from them unless we can find a specific Agent to handle this for us.

3
Mr_A 3 points ago +3 / -0

Signature guarantees are a royal pain in the butt. The people who provide the stamp are scared to do it, and hide behind hq-based (i.e., non-local, and they'll never talk to you) personnel. They'll be nice and help you if you have 100K on deposit. Better to avoid needing one.

7
Qbaby 7 points ago +7 / -0

Went in at $15 and holdin on!

6
PaPatriot170 6 points ago +6 / -0

GME is talking alot about their plans to be all digital in the future. Imagine if DWAC acquired GME

2
Slyver 2 points ago +2 / -0

Yes, that's what we need. More megamonopolies.

6
HighFrequency 6 points ago +6 / -0

DRS versus DWAC--Which is the smarter move?

If we DRS or DWAC our shares of GME/DWAC, will we be hampered by the time it takes to sell when those rockets eventually launch?

Should I DWAC most shares but leave a few out to sell quickly if necessary?

6
The_Last_Stand 6 points ago +6 / -0

Synchronicity my friend. How we both posted at the same time a similar feeling.

7
deleted 7 points ago +7 / -0
6
mengderen 6 points ago +6 / -0

God bless that black cat!!! 😍

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

Yeah its crazy!

5
BrainwashedbyTrump 5 points ago +5 / -0

I was watching it all day yesterday. Still happy it made 100%, but when it hit 171 it was halted. It dipped $30 after that instantly. Then halted at $144. Dipped another $30 instantly. Unbelievable. Interesting to see what premarket does Monday

5
PrayingforMiracles 5 points ago +5 / -0

This is a great post, thank you. I learned something today.

4
Blurpy 4 points ago +4 / -0

https://greatawakening.win/p/13zgbrixWz/to-everyone-following-dwac-today/

A lot of good info in this☝ thread, especially in the comment section.

2
bubble_bursts [S] 2 points ago +2 / -0

Missed this one, thanks!

4
JPatriot 4 points ago +4 / -0

I am in a new boat in the Ocean. I don't sail. I don't navigate. I know nothing. I bought like 7 shares some at 130 some at 175 I think. It took 7 hours to: open a new bank acct for this only, to open a Robinhood acct etc. By that time the stock had gone from like 13 to 130...I missed out, but like I said I don't care, I AM IN! And staying put. God be with me and all of us! Thank you for info, Patriot! But, I am still IN!

5
TheAwakened 5 points ago +5 / -0

Dont use robbinghood

2
Suzeq2018 2 points ago +2 / -0

is there a specific reason?

4
TheAwakened 4 points ago +4 / -0

Yeah

Imagine letting Joe Biden babysit your kids.

Now imagine letting robbinghood babysit your moneys.

They conspire with Citadel, multiple users has had shit dissappear from there etc.

They close buy option for stocks that their owners lose money on

Also lost like 77% of revenue this year because people are gtfo that platform

1
Suzeq2018 1 point ago +1 / -0

thanks for the details, new to all of this, so have to figure out the basics. do you have one you prefer?

3
TheAwakened 3 points ago +3 / -0

I am not in US, but I've heard from everyone that Fidelity is the bomb. Good customer support, havent done anything shady in regards to GME saga (which was basically a test of loyalty, since many closed buy options there), they also let you direct register shares with computershare (they let you swap over there without issues).

I havent set myself into all these US brokers, but I've picked up a thing or two from thousands of others, and fidelity is by far the best one afaik, and its the one I would use if I was in US (based on my knowledge on the issue)

1
Suzeq2018 1 point ago +1 / -0

good to know, hadn't thought about fidelity, but I know they've been around for a long time. and I would like to get some of the DWAC. makes more sense to me than GME.

3
TheAwakened 3 points ago +3 / -0

I've sold all my shit and I am all in on GME.

DWAC sounds like good investment. Think it will go big. Havent read into it or anything, but it's Trump's. Doesnt matter if its good or not, millions gonna buy into it anyways and raise the price.

But would definately have atleast 1 gme kn backup. Gamestop will be the biggest tech company, with or without a short squeeze.

You think all the best people of Amazon and on crypto would jump ship and join Gamestop if they didnt believe in the company and what they are going to do?

Ryan Cohen took a failed pet store and made it into the biggest shit inside pet business.

Those who made Amazon jumped ship to join him. That dont happen by mistake or anything. These are smart people, they know where thefuture lies.

They have no debt (only a 40 mill smth loan), 1billion+ on books, and last months has increased revenue quite a lot.

They will be the biggest thing inside gaming in the coming years, so imo a good investment whether you believe in the short squeeze or not.

You know how people go 'nah ill just buy it on amazon'?

Soon (very soon) its gonna be 'nah ill just buy it on gamestop'

Not investment advice, im a retard etc etc

2
AdAstra_PerAspera 2 points ago +2 / -0

Both are extremely good investments. Do not mistake GMEs long battle at 180 to make it a bad investment.

2
FOREVER_MAGA 2 points ago +2 / -0

Get the Hell out of Robinhood as fast as you can. Fidelity is the way. Then have Fidelity perform a DRS Transfer for whatever percent of your shares you'd like to have actually in YOUR NAME - to ComputerShare.

1
JPatriot 1 point ago +1 / -0

ok

4
Deplorable69 4 points ago +4 / -0

The link to China may be a clue to us by Trump that he has brokered a deal with China behind the scenes?

4
bubble_bursts [S] 4 points ago +4 / -0

Its quite possible, even Q has hinted that China is working with the White Hats

4
Goldenhawk 4 points ago +4 / -0

true that ... it's xi vs. jiang cabal [ chyna ds / ccp ]

2
bubble_bursts [S] 2 points ago +2 / -0

Do you have any good info (speculation okay) related to this?

3
polish_snausage 3 points ago +3 / -0

I got some!

Thank you pedes for sharing this last week! I didn't buy much but it's fun to watch and be a part of ... I can't wait until Monday. :)

3
Edweirdo_50 3 points ago +3 / -0

I don’t know what that means but it sure sounds good to me

3
tomthung 3 points ago +3 / -0

John Henry was a steel drivin' man.

3
Heyall 3 points ago +3 / -0

Question. I've heard over the years that putting in a limit order to sell your shares also locks them up and prevents short sellers from using them. So if you had a stock at 10 you could put in a GTC limit order to sell your shares at 20. I guess the argument is that they are in play to sell no matter how far from the price and can't be taken away for short selling...

You familiar with this?

2
bubble_bursts [S] 2 points ago +2 / -0

I have heard of this aas well, and for the longest time I had put in a limit order for my GME at $500, but I cancelled it. First, I dont know when the MOASS happens, and when it happens if my GME gets sold I will cry for the rest of my life. Second, I havent been able to confirm this theory authoritatively.

Also think about it - if the stock you own is a "phantom" share (the brokerage just created it based on the real stocks they are holding for someone else), and when you sell they just get rid of the phantom share, why would this situation change if you put a limit order? At what point will this situation change? Nothing really happens when you place the order, except a few entries in their database.

When you DRS on the other hand, there is a clear process they have to follow that ensures they need to find a real stock for you. So I am inclined to believe this limit order theory is a urban legend. Happy to be proven wrong.

3
nothingberg 3 points ago +3 / -0

Who ARE you, OP? You're brilliant for figuring this out

2
mundania 2 points ago +4 / -2

they had to pull out all stops in fraud to bring Trump's DWAC down…. Trump could have picked any suitable name for the SPAC for his Social Media

There are two problems with this line of thinking.

First, there’s no reason for the black hats to care what happens to DWAC’s share price - the money that goes to Trump Media and Technology in this deal is the money that the SPAC raised at its initial offering, $10 a share. The profits from the run up in the share price after the announcement don’t go to Trump or TMTG, it goes to the various hedge funds that bought into the SPAC when it was formed.

Second, Trump didn’t pick the name. The way it works, a bunch of investors form a SPAC (in this case, DWAC), put money into it, do an initial public offering so that the shares can be bought and sold by anyone…. And then choose the company they’re going to acquire with their capital (in this case, TMTG). The only way Trump could have chosen the name would be if DWAC had been formed for the purpose of funding Trump’s TMTG from the beginning and this fact was not disclosed at its initial offering, and that sort of failure to disclose is pretty much an guarantee of jail time for everyone involved.

9
bubble_bursts [S] 9 points ago +9 / -0

For the first part - its not about how much money DWAC gets, its about the publicity Trump's venture is getting. MSM running BS articles about hackers hacking an app that does not even exist. MSM creating FUD with muh chyna connection. MSM shills coming here telling us to be scared of the standard TOS terms.

These fuckers care about the narrative, and if Trump's social media gains traction unchecked with DWAC going to the moon even before it anything but a shell, it would literally kill them.

From SEC filing:

We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.

So you are right about that, but, what if they lied there and the only way to prove it is to use this name coincidence? I jest, but seriously, no one would care if thats the case.

OR, what if Trump chose this SPAC only because the name fits?

There are possibilities, but we just have to wait and see.

2
UpdootVeteran 2 points ago +2 / -0

So I got in at 18 - so I just hold now? How long do we think they’ll keep messing with the stock?

9
bubble_bursts [S] 9 points ago +9 / -0

Yeah keep hodling my fren. I think they will keep messing with it until the MOASS / Storm hits. I believe its all coming together, not too far off. Soon the Trump will launch the beta release and its sure to kick things to the next notch. Hold whatever you can afford to lose, in the worst case. If its too much, you can sell part of your holding to cover your cost and then its all free money.

1
Mostly_Peaceful1776 1 point ago +1 / -0

This is precisely what I did. I made like triple my investment in one day so I sold a couple shares and am holding the rest. If it all fails it won’t sting as bad and if it moons I’ll still make money.

2
tattletalestrangler 2 points ago +2 / -0

Trump picked the name? Seems like this corporation was created in December 2020. Did Trump create this company? And from this link it shows the symbol as DWACU.

https://www.nasdaq.com/market-activity/ipos/overview?dealId=1160890-97726

Correction, the link I provided says DWACU is the proposed symbol.

3
Heyall 3 points ago +3 / -0

There's actually 3 tickers DWAC, DWACW AND DWACU. These are different types of warrants or stocks playing to the same end, which will end up being the new company IPO. The three vary in risk with DWACW being the highest. The final name won't be any of these. It will switch over.

I'm not a pro, just another squirrel searching for nuts, sharing what little I know...

2
HE4RTLAND 2 points ago +2 / -0

Very interesting good dig

1
txharleygirl 1 point ago +1 / -0

So I did the DRS of my GME since I was in it for the long haul, but I’m confused on what to do with my DWAC. I own all 3 (direct stock, units and warrants). You can’t DRS any of the DWAC (yet), so is there something we should be doing with it at this point?

3
bubble_bursts [S] 3 points ago +3 / -0

I am not really sure if we can do anything right now or we have to wait for the actual merge. I made the post mainly to point out the coincidence of the name.

1
CaptainThiefDotWin 1 point ago +1 / -0

I found this on superstonk on how to DRS in Ally…

https://www.reddit.com/r/Superstonk/comments/pzwu67/complete_process_to_transfer_drs_from_ally_invest/

Should I be going DRS or DWAC?

2
bubble_bursts [S] 2 points ago +2 / -0

Still investigating, I believe (I might be wrong) we can do DRS only after the merge with TMTG happens. At this point I consider the whole "DWAC" name to be a huge clue as to what comes next rather than an immediate call to action.

1
deleted 1 point ago +2 / -1
5
bubble_bursts [S] 5 points ago +5 / -0

People who have margin accounts reported the stock was HB (hard to borrow for shorting) - meaning its been heavily shorted. I cant imagine any retailers doing that.

1
deleted 1 point ago +1 / -0
1
bubble_bursts [S] 1 point ago +1 / -0

what happened was pretty standard practice

Yeah, what we have learnt is it is indeed standard practice and it goes way beyond just investment strategy. The problems start when you short a share that refuses to go down (because there are far more factors at play than just "extremely overbought") and it forces them to double down and triple down just to stay afloat. I believe thats the gateway to stock control crimes. As we have seen with GME, they would never take their losses but rather go to any extent to keep covering up their crimes.

Anyone who makes any investment choice on stock market has to be able to take the loss. When you play with amounts you are not prepared to accept losses on, it is no longer just a strategy.

1
PNWvoter 1 point ago +2 / -1

Did anyone notice trading halted at $76.66 Friday? Anyone that held 10, 100 or multiples of 1000 shares saw 666 in their portfolio.. seems like a message was being sent.

1
bubble_bursts [S] 1 point ago +1 / -0

I missed the halt at $76.66 - I caught it at 154, 131 and 120.

1
welldamn 1 point ago +1 / -0

This is a great post!

1
TacticalWitdotcom 1 point ago +1 / -0

I would like to direct register my shares but still be able to daytrade them. Is this possible?

1
AdAstra_PerAspera 1 point ago +1 / -0

Usually not. DRs make them more illiquid.

1
EnemiesDestroyed 1 point ago +1 / -0

Shares in a regular broker are essentially IOU’s - easily exchangeable - but not in your name or true ownership. These shares can be used by hedgefunds to supress the price.

Directly registered, they are safer and in your name. Selling is easy, but buying takes 3-5 days, because you’re getting the real thing delivered. These shares are untouchable by anyone other than yourself. These hit the market and raise the price.

1
bubble_bursts [S] 1 point ago +1 / -0

I don't believe you can do dat trading if you DRS. It might be a good idea to set aside atleast a portion of your shares for long term HODL and DRS those, while you day trade with the rest.

I am still checking to see when DRS will be possible for this. I am guessing once the merge happens, lets see.

1
DevilDogPede 1 point ago +1 / -0

First time investing. I couldn't get in on day one because finds had to deposit. I lost $700 yesterday. I bought the second before it crashed.

Luckily im not super attached to the money. It was some spare savings. I can afford to play the long game.

1
ObamaSucks 1 point ago +1 / -0

Fascinating stuff. Ty

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

You think I'm good with 70 shares of it?

4
bubble_bursts [S] 4 points ago +4 / -0

In the best case - its like owning 70 IPO shares of Google. You would have been a millionnaire by now, and there is no reason why that wouldnt happen with this as well - in the best case.

1
Wood_Shampoo1 1 point ago +1 / -0

Still HODL'ing GME. 12 at 144

1
WuTangFlu2020 1 point ago +2 / -1

So your telling the me I need to buy as many shares as I’m willing to wager and I can afford correct?

I came in very late on GME and only have one pitiful stock but hey, I got one and I’m holding.

3
Heyall 3 points ago +3 / -0

It's a gamble really. There's argument both ways. My unprofessional no nothing advice would be don't play with what you can't afford to lose... high risk high reward.. IMHO

1
bubble_bursts [S] 1 point ago +1 / -0

So your telling the me I need to buy as many shares as I’m willing to wager and I can afford correct?

I am not a financial adviser and following my advice might ruin your life completely. That said, yes thats what I am thinking.

1
Surfsup 1 point ago +3 / -2

Obviously you're serious with the long winded post. Dude, the stock was $12 24 hours earlier and opened at 1000% gain then rose to $175 nearly a 2000% gain in less than 48 hours

#PEOPLE.TAKE.PROFITS

7
pnwhomebrewer 7 points ago +7 / -0

Nah the funny money will be worthless soon. HODL the stock so when it converts into whatever monetary system the Patriots install it will retain it’s value.

3
Surfsup 3 points ago +3 / -0

You might as well get some gold then. Money for 10,000 years

2
pnwhomebrewer 2 points ago +2 / -0

I have some silver already.

1
Surfsup 1 point ago +1 / -0

Nice

1
Waveslider619 1 point ago +1 / -0

Cool name.🤙

1
Surfsup 1 point ago +1 / -0

👍

1
inspoken 1 point ago +1 / -0

Exactly my fren, idk why someone downvoted you. Anyone familiar with stocks know that's normal. Heck it started at 10 & in 1 and a 1/2 days it's now at 93. That's nothing to complain about. That is, in fact phenomenal!

1
Surfsup 1 point ago +1 / -0

👍👍👍

1
GODisinc0ntr0l 1 point ago +1 / -0

I tried twice this week and each time my order got canceled. How do I avoid this? I use fidelity.

1
bubble_bursts [S] 1 point ago +1 / -0

What kind of order did you place? Market or Limit? If limit for how much? Did you place it when market was trading or after hours?

1
GODisinc0ntr0l 1 point ago +1 / -0

It made me to limit and I had to put in a number that couldn’t be more than 5% over. I did that and it still got canceled. My “time in force” was “Day”. Do I need to change that??

2
bubble_bursts [S] 2 points ago +2 / -0

that couldn’t be more than 5% over.

yeah, this really sucks. For a volatile stock like DWAC, its quite possible it jumped more than 5% before your order could be filled. Hopefully it will be less volatile. You can also watch the order book - bids and asks - during the trading hours and buy it when its not going crazy.

1
hildberht 1 point ago +1 / -0

Read the terms and conditions of any account you open carefully. The USA uses a Custodian system and they may be able to lend your stock to assist shorters.

Always make sure your shares are in your name and are not aggregated with other people, I have seen this happen in Oz where shares have been pooled and when one punter blows up they take others shares to meet the obligations (was a margin lending provider).

1
Gotted 1 point ago +1 / -0

Nice!

1
AwakeJesusisComing21 1 point ago +1 / -0

I opened up an account and I have to fund it. I got a traditional IRA is that ok?

4
ScreamingEagle1776 4 points ago +4 / -0

No it’s not. Make it a Roth IRA. It is better in every way. I mean, it doesn’t matter, but it’s in your best interests to have it be Roth because it limits your tax exposure in profits to 0%. As always, do your own research and this is not financial advice.

1
kandescent 1 point ago +1 / -0

At some point, the gap made at 45 (lol) is going to have to be filled (the irony is not lost on me lol). Manipulated or not, the market makers and traders don’t like open gaps like that. So, I would expect the price to go down anyway to fill in that gap. Then the price can go back up from there, hopefully with some nice levels of consolidation on the way up. Volatility is not really good. Remember that the market goes in waves— always up and down. This is not actually like GME (aside from the fact that market makers are generally criminals). Watch most IPOs and they are pretty volatile like this in the beginning as price finding occurs. And because of strong public interest, that makes DWAC even more volatile at the start. Best is not to chase a big run up. Wait for your entry when it comes back down. Learning to read the indicators like MACD, KDJ, Stochastic RSI, EWO, etc. That’s what I’ve been learning while waiting and watching the crime going on with GME.

2
bubble_bursts [S] 2 points ago +2 / -0

Learning to read the indicators like MACD, KDJ, Stochastic RSI, EWO, etc. That’s what I’ve been learning while waiting and watching the crime going on with GME.

Would you mind sharing some links/resources regarding these?

1
kandescent 1 point ago +1 / -0

Generally, this resource is good: https://www.investopedia.com/terms/m/macd.asp

That’s for the MACD. You can look up the others, and likely any other things that come up. It’s pretty comprehensive.

The Webull app has a good paper trading and simulated trading function. So you can trade with play money as you learn. I basically watch the patterns to see how things happen and when. The indicators are lagging so they can’t reach predict, but I think they give good info about momentum and sentiment and which way things might go. Of course hedge fund crime can throw in a wrench. If you observe the same stocks regularly, you can figure out the patterns of the traders (day traders— usually biggest impact in the morning and at closing). And you can see the patterns of the market makers and traders algorithms when volume is light. I’m no expert at all, but I have learned a ton since jumping into GME. I wish I had time to learn more. I’d really love to learn options, but that will have to wait.

Webull also has some little training coursed in their app. I think I did one a while back. It’s worth looking into.

1
HempFedBeef 1 point ago +1 / -0

So I bought a few shares on etrade. How can I get my shares in either of these forms?

1
Quixotic 1 point ago +1 / -0

DWAC is a company that already existed fir the purpose of bringing private companies public. Trump didn’t name it.

1
bubble_bursts [S] 1 point ago +1 / -0

Yeah, I got no answer for this. Just like NCSWIC stood for Nothing Can Stop What Is Coming, and then turns out its also a govt division that Q hinted was securing the elections. All this works in mysterious ways with mysterious coincidences. As a coincidence, I gotta say this is a helluva one.

1
Quixotic 1 point ago +1 / -0

it’s 4 letters out of 26 and doesn’t tell us anything at all.

2
bubble_bursts [S] 2 points ago +2 / -0

Thats one way to look at life. I spent more than 40 years with that outlook and ready for a different view now.

1
Quixotic 1 point ago +1 / -0

yeah so you’re overcorrecting and winding up in the opposite ditch

1
drmrboy 1 point ago +1 / -0

I used the Public app. Just bought my first stock ever! I hope it's for a great cause. 🤘🇺🇸

1
bubble_bursts [S] 1 point ago +1 / -0

I hope so too fren. We have been holding the line all this time we can hodl a little more!

1
TinFoil 1 point ago +1 / -0

Yeah, I was gonna buy but my husband said hold on. He’s hesitant because he thinks the black bars are gonna mess with it.

2
bubble_bursts [S] 2 points ago +2 / -0

I hear you, caution is always the best approach. Personally I only put in what I can afford to lose, because when it comes to stocks, anything is possible. I may feel a little bad if I lose a couple hundred bucks, but I would feel extemely depressed if this company becomes the next facebook and all I can tell my grandkids was - "I almost had it"

1
Shamaya 1 point ago +1 / -0

Just placed my first stock order ever...did it for the cause...8 shares...one for each member of the family...i had to do market because limit kept giving me error message on fidelity...i have no idea what is going to happen on Monday but I will be excited to see what happens with the order...if it goes through I will hold on to it!!!

1
bubble_bursts [S] 1 point ago +1 / -0

Good luck!

0
truthloveliberty 0 points ago +1 / -1

Does this also mean we should buy more DWAC?

1
bubble_bursts [S] 1 point ago +1 / -0

Thats entirely up to you and how much you already bought and how much you are willing to sacrifice for this cause. Clearly if this succeeds, it can go to the moon. But then there are always possibilities things may not work out. Buying now would also mean much less bang for the buck as compared to buying it when it was much smaller.

1
deleted 1 point ago +1 / -0
1
bubble_bursts [S] 1 point ago +1 / -0

I bought a good chunk of both. Warrants are very useful to limit your exposure. You have to use a calculator to decide whether warrant is better or direct stock.

However you will pay a good chunk of tax when you convert them to stocks. I dont care, I stopped caring about taxes long back.

1
deleted 1 point ago +1 / -0
1
bubble_bursts [S] 1 point ago +1 / -0

Yeah the warrants were always lagging behind the shares as most people didnt even know what the heck they were.

1
sword 1 point ago +1 / -0

how does the warrant work? is it a buy option? when and for how much?

1
bubble_bursts [S] 1 point ago +1 / -0

Yeah, its a buy option for DWAC @ $11.50. Dont quote me on this, but someone posted that its for 5 years. Please check your tax implications before buying warrants