Trump Media and Tech Group (NO Politics Allowed) (DJT)

[chillswills37]

$DWAC A bullish view on PIPE proffered by this analyst.

"There’s certainly incentive for Wall Street to consider a PIPE investment in the merged company, whose chief asset will be Trump’s social media venture, Truth Social. [...] It’s also worth noting that PIPE investments don’t just provide companies with an influx of cash pre-merger. They serve to lend credibility to the deal and likewise, to the newly minted company."

https://markets.businessinsider.com/news/stocks/dwac-stock-dips-despite-spac-progress-heres-what-to-know-1030955220 (Nov 9,2021)