Fuck PHUN. People were pushing that and spouting all sorts of rumors that never showed they were true. I bought into DWAC and have happily held, but anyone trying to push other stocks shouldn't pretend they have anything to do with DWAC.
If you want to buy and hold, have plenty of money to do so and don't mind holding for a 1-3 years and believe that Trump is going to pull it off (Who here would bet against him?) then maybe buying DWAC makes a ton of sense. The other stocks are just rumor mill stocks people are pumping and dumping to suck in others and steal their money.
It happens and pump and dump fucks like Cramer made their fortunes screwing people that way. Chasing the hype can really burn people and it's an important lesson to be very wary doing so. I just invest in things I have good reasons for and have done very well, but the market is a casino and if things weren't so ridiculous I doubt I would hace.
Of course it doesn't have anything to do with DWAC, and everyone knows that.
It's entirely speculation that DWAC is going to purchase, integrate, and expand PHUN, based off good information. If you don't want to speculate and invest, then don't, but don't bash it with a "Fuck fun".
Fuck you. People were clearly passing off bullshit speculation as fact in the pump and dump and certainly weren't telling people where this speculation was coming from as it was clearly out of someone's ass.
Phunware built the Trump campaign apps, and they currently have a PhunWallet airdropping crypto in preparation for a launch. Install it it’s free crypto. If I had to guess, I’d assume (yes it’s speculation) that they will find ways to integrate so you can spend the Phun crypto on the truth social platform. I’m definitely buying up as much Phun AND dwac as I can get in preparation for the February launch. BUY THE DIP. Don’t cry about it, if you know anything at all you know it’s always a gamble. I’m betting on the God Emperor.
Then bet on DWAC. We had frauds coming here and peddling lies and speculation as the truth on PHUN. Fuck shysters who try to hustle others into something they already bought. Investing has risks and not everyone is wise to them and bullshit speculation should never be pushed as truth.
Have fun with PHUN's new crypto as surely all 100+ cryptos out there will be successful, right, or are there going to be some massive losers? We have to look out for other folks here who may be investing for the first time. We all strongly believe DWAC will be successful, because of Trump's involvement, but with PHUN, it's anyone's guess, but only a guess and a wild ass guess at that.
Exactly. Anyone who invested in fun either knew it was speculative, or is a moron. I'm down a little, but so what? I don't put what I can't afford to lose into speculative stocks.
You'd be amazed at how difficult it has become to get a physical stock certificate sent to you.
It all has to do with naked shorting and failure to deliver. Patrick Byrne has been fighting this for a long time, after they manipulated Overstock.com.
Yeah but it’s a true statement. People should be looking for a head and shoulders on the graphs. I still think I’m going to hold. With Twitter going batshit this leaves a prime opportunity trumps site.
(Reuters) -Former President Donald Trump's new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several times the valuation it commanded in a deal with a blank-check acquisition firm in October, two people familiar with the matter said
the 1b would be cash in the bank for the company, so the value of the company will go up by 1b. the only dilution possible is if the investors get a slight discount from the market stock price. that would have zero negative impact on any one looking to hold shares more than 24 hours into the future.
They are looking for people with $10M+ to buy in. Anyone with that kind of money is not going to buy at market, especially when market jumps 25% overnight.
My guess is that they get in at $30-35. The market supported $40 pretty well. I don’t see them buying over that.
Lovin’ it….
My current shares have a net cost of zero. All of those libs that bought puts to”Screw Trump” are going to learn some hard life lessons soon.
Fuck PHUN. People were pushing that and spouting all sorts of rumors that never showed they were true. I bought into DWAC and have happily held, but anyone trying to push other stocks shouldn't pretend they have anything to do with DWAC.
PHUN is less than half it's 52 week high, which was caused by pump and dump. https://www.marketwatch.com/investing/stock/phun
If you want to buy and hold, have plenty of money to do so and don't mind holding for a 1-3 years and believe that Trump is going to pull it off (Who here would bet against him?) then maybe buying DWAC makes a ton of sense. The other stocks are just rumor mill stocks people are pumping and dumping to suck in others and steal their money.
Yea I fucked up with phun.
It happens and pump and dump fucks like Cramer made their fortunes screwing people that way. Chasing the hype can really burn people and it's an important lesson to be very wary doing so. I just invest in things I have good reasons for and have done very well, but the market is a casino and if things weren't so ridiculous I doubt I would hace.
Casinos are much better regulated and less rigged.
Source: 20 years working in the investment profession.
Now tell me how you feel about DeFi. I bet it starts with “… it’s complicated”
Well, it is complicated, but I'm a big fan of decentralization.
Remember my mantra: "he who controls the supply of currency rules". Who do we want to rule?
Laughs in $BTX
Same here...$500 Fucked up lol
$800 for me.
You can say "Fuck PHUN", but I say Fuck you!
Of course it doesn't have anything to do with DWAC, and everyone knows that.
It's entirely speculation that DWAC is going to purchase, integrate, and expand PHUN, based off good information. If you don't want to speculate and invest, then don't, but don't bash it with a "Fuck fun".
Fuck you. People were clearly passing off bullshit speculation as fact in the pump and dump and certainly weren't telling people where this speculation was coming from as it was clearly out of someone's ass.
Phunware built the Trump campaign apps, and they currently have a PhunWallet airdropping crypto in preparation for a launch. Install it it’s free crypto. If I had to guess, I’d assume (yes it’s speculation) that they will find ways to integrate so you can spend the Phun crypto on the truth social platform. I’m definitely buying up as much Phun AND dwac as I can get in preparation for the February launch. BUY THE DIP. Don’t cry about it, if you know anything at all you know it’s always a gamble. I’m betting on the God Emperor.
Then bet on DWAC. We had frauds coming here and peddling lies and speculation as the truth on PHUN. Fuck shysters who try to hustle others into something they already bought. Investing has risks and not everyone is wise to them and bullshit speculation should never be pushed as truth.
Have fun with PHUN's new crypto as surely all 100+ cryptos out there will be successful, right, or are there going to be some massive losers? We have to look out for other folks here who may be investing for the first time. We all strongly believe DWAC will be successful, because of Trump's involvement, but with PHUN, it's anyone's guess, but only a guess and a wild ass guess at that.
Exactly. Anyone who invested in fun either knew it was speculative, or is a moron. I'm down a little, but so what? I don't put what I can't afford to lose into speculative stocks.
You'd be amazed at how difficult it has become to get a physical stock certificate sent to you.
It all has to do with naked shorting and failure to deliver. Patrick Byrne has been fighting this for a long time, after they manipulated Overstock.com.
Same. Totally recreational, but it also tanked after I bought it. Now I'm a recreational bag holder lol.
It closed at 164 today :/
Splits...he probably owns a lot morecthen one share now
Ah makes sense
Could be a squeeze.
Hold on for the ride.
Expect it to go down about half the jump.
Look for an inverted head and shoulders.
Do your own research.
Is this investment advice? Kek!
No, just my opinion.
Yeah but it’s a true statement. People should be looking for a head and shoulders on the graphs. I still think I’m going to hold. With Twitter going batshit this leaves a prime opportunity trumps site.
https://seekingalpha.com/news/3776151-trump-stock-dwac-gains-on-report-of-efforts-to-raise-1b-pipe
SeekingAlpha is a pump and dump factory, but yeah.
I'm not sure this is good news...
pretty sure that would be great news if they are successful in raising that 1b
Except the reduction in value per share, not the price, the diluted ownership per share
the 1b would be cash in the bank for the company, so the value of the company will go up by 1b. the only dilution possible is if the investors get a slight discount from the market stock price. that would have zero negative impact on any one looking to hold shares more than 24 hours into the future.
They are looking for people with $10M+ to buy in. Anyone with that kind of money is not going to buy at market, especially when market jumps 25% overnight.
My guess is that they get in at $30-35. The market supported $40 pretty well. I don’t see them buying over that.
I’m not sure this is news.
Fucking pay-wall
I had DWAC to sell at $650 GTC for Feb 24... Fucking Robinhood cancelled it!
Motherfuckers.
That's just my pocket account though and not really a financial hit for me just to keep track and alerts throughout the day
but MOTHER FUCKERS CANCELLED my GTC order ??!! ?? !!??
Robinhood wont even let me into my account
Margin calls on the shorts.
Need more then 7% for a short squeeze or margin calls. But it is up 30% in AH, so squeeze or margin calls could happen tomorrow.
Lovin’ it…. My current shares have a net cost of zero. All of those libs that bought puts to”Screw Trump” are going to learn some hard life lessons soon.
I'm still hodl'in from the first announcement.
Me too. 500 at almost initial price. To the Moon. Daddy needs a new Ferrari
https://www.reddit.com/r/DWAC_Stock/comments/r6hyyt/estimating_the_potential_size_of_truth_social_and/
Nice!
I spent about 90 percent of my retirement account on DWAC (wasn’t that much money) and I’m holding on for the long haul.
It's a pump and dump, get out before it hits 100 per unit.
It's still going up.
https://finance.yahoo.com/quote/DWAC?p=DWAC
Yeah but how about that $WISH!
My entire portfolio is down 10% since Friday…..
GETTR is being acquired by Cantor Fitzgerald I believe. All related stocks are going up im assuming due to this news.
Always sell when you can
Buy when you can
It’s still 10 dollars less then it was 2 weeks ago…..
Yeah when I bought at $60