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Milestones like the beta version being out by the end of November?
It’s how you trap undisciplined investors, which DOES sound like someone
You mean stanking member of Congress, the bovine litigant, Devin “my mom washes my cheap suits” Nunes
Yes, the SEC and FINRA always make it a point to investigate when everything is being done right
He’s a sensitive baby that sued a pretend cow
The shares aren’t preferred, they’re convertibles and are purchased at a 40% discount. And they’ll be eligible for sale INSTANTLY. This is the same exact playbook for penny stock pumps. There are no restrictions, retail is gonna get pounded
You seem to not understand how convertible death spirals work. Makes no difference where the price is when it starts
From the PIPE 8-K
Hedge funds get their shares at a STEEP discount, then have permission to sell all of those shares. The catch here is they can dump all those discounted shares AS SOON AS THE MERGER CLOSES, which is far from SPAC norms.
Convertible death spiral confirmed
https://www.bloomberg.com/opinion/articles/2021-12-06/the-trump-spac-did-a-pipe
DJT couldn’t find his own nose with both hands and a search warrant. He only recognizes the opportunity to grift
Yes, Devin Nunes, fake farmer, bovine litigant, and overall dullard will do wonders. He’s the new fall guy now
Very please that noted moron, Devin Nunes, is now fully on topic. Thin skinned reptile
Devin Nunes has been suing a cow on twitter for like 3 years.....nuff said
appears to say..... FEDERAL INVESTIGATION
Am I asking too much for this to end with at least one criminal referral to DOJ?
DWAC is the perfect pelt to hang on the wall as a warning for the others
“The inquiries were perfect, I always do the best inquiries”
That’s because they’re delusional. They view buying and holding as a matter of right versus wrong rather than profit versus loss. They’re willing to martyr their finances for the Orange God
Basking in it as a matter of fact
Looks like the SEC and FINRA believe otherwise.
DWAC will be lucky to escape without a criminal referral to DOJ
Feds gonna cook DWAC regardless though
DA FEDS ARE KNOCKING.....they don’t swing unless they know it’s a beach ball
DWAC gonna fry
Crypto=junk bond
LOLOLOLOL 4am Webull folks handed their bags by 430am.......DWAC scam
Truth Social had an inauspicious debut when hackers quickly manipulated the site, created a fake Donald Trump account, and posted images of defecating pigs.
It ran into another snag when the developer of the open-source software being used for Truth Social warned the operation last month that it was violating the software license.
Under licensing requirements, anyone using the code must make it accessible to the public. Developer Eugen Rochko announced in October that Truth Social was given 30 days to comply with the requirements. Yet nothing appears to have changed. Trump is still not making the code available, and has even suggested that the software is owned by his operation, which it is not.
Crypto = junk bond
It’s way lower than 20 now
Still glad?
How about down here? LOLOL
Needs to see 44,500 before it can recover
Volume is volume, it’s recorded at either the offer, the bid, or in between. They dumb it down to buys and sells for people who don’t understand things easily
There’s no such thing as buys vs sells. Every trade is comprised of a buy and a sell, that’s why it’s called a trade.
I’m saying that there isn’t enough buying pressure/support to stop it from falling. Strong bids equal better price action. Nobody cares about DWAC enough to provide meaningful bid support
No, it tells you that this drop lacks the requisite volume to trigger a circuit breaker halt, that’s it. No more no less. In either direction the breaker needs price movement AND volume to flip. 99% of the time the heavy volume shows up on an upward move, that’s why it seems so one-sided
The circuit breaker relies on both price movement AND volume to flip in either direction
You’re right, just not in the manner you believe you are
The PIPE agreement is subject to 144, the company letting people know how dilutive they intend to be with it is not
TMTG hires a secretary is the loose translation
Private placement is NOT a minor detail. It is the literal definition of a material event. And I’m not saying the details won’t be made available, I’m saying that buying it up near $60 without the aforementioned details is irresponsible, as is screaming for the moon. What happens if the PIPE is getting convertibles at $5 per?
None of it is super important right this second because, after all, the only thing they’ve said is that they’ve made “efforts”, which amounts to little more than a zoom meeting at best.