Replies to post #18198 on Trump Media and Tech Group (NO Politics Allowed) (DJT)

[Homebrew]

This Trump-n-Dump ticker's still sketchy & struggling.

[cashclan]

Why is that


What is DWAC > Blank Check Acquistion Company. It raises Capital for a SPAC.

Why would he?

The DWAC offering? 32 million, "Equity Stake without taking a position" shares. It is a legal position aka Market Replacement shares...

Those shares also had Divvy's attached to them 3:1 aka DWACW 31 million shares of 32 million. 1 Cert was delivered ...Cash Account not a margin account.

Then you have 32 million that didn't make the trip with receipt. Target Company and whatever shorts might be present and trapped without a legal position. Lets call it 59.5 million of 32 million - 25 Million Alger Construction = 34.5 Million - 2.5 Million SREH Gold Mine Divvy's = 32 million.

DWAC is a Open Market Buy ... They need all the shares Either now or in the future.

Remember you can borrow from a Margin Account. The Market CAN NOT barrow from a CASH account.

DTCC missed call or something. Go ahead and kick me out of the DTCC.

Immediate release Divvy's means ...NOW. Not 30-45 days later.

Cost trader's money. Maybe $250,000,000.00 over 11 years maybe much more...Simple example: Immediate release divvy's would have given $5000.00 profit. $5000 would have bought 50,000,000 DUTV. DUTV went to .01 = $500,000. Now it's on it's 2nd trip. Could apply that across multiples in the market ...over 11 years. ALL trader's have to be treated equally.

DWAC make it right ...$99,999.99 Write Blank Check...CASH account.