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$Digital World Acquisition Corp(DWAC.US$ surged sharply and continued to make massive gains for its shareholders after the announcement of a deal to merge with Trump Media & Technology Group. The combined company intends to launch a new social network, Truth Social in a bid to take on social media titans $Facebook(FB.US$ and $Twitter(TWTR.US$. The vision of Truth Social is to disrupt some of the most powerful companies like $Alphabet -CL A(GOOGL.US$, $Amazon(AMZN.US$, $Apple(AAPL.US$, $Microsoft(MSFT.US$, $Netflix(NFLX.US$ and $Walt Disney(DIS.US$. The ticker was among the most popular mentions on Reddit's WallStreetBets, which could push $Digital World Acquisition Corp(DWAC.US$ to meme stock status like $AMC Entertainment(AMC.US$ and $GameStop(GME.US$. The speculative mania that has surrounded Trump's comeback has generated incredible gains for those who have bought shares of $Digital World Acquisition Corp(DWAC.US$ early when the news of the merger was announced. $Digital World Acquisition Corp(DWAC.US$ plans to use the fresh funds to build and expand Truth Social. But that may not be sufficient to compete with social media giants $Facebook(FB.US$ and $Twitter(TWTR.US$, which collectively spend billions of dollars yearly to enhance their already massive networks. Still, Trump has built a devoted following and it should not be a surprise if many of his supporters choose to embrace his new platform. Investors of $Digital World Acquisition Corp(DWAC.US$ need to understand that the stock is now trading at a steep premium and are thus taking on higher risk. While early investors would marvel at the rally, it remains to be seen if the gains would continue. Its future is still far from certain.
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Donald Trump with his announcement of merging his company with $Digital World Acquisition Corp(DWAC.US$ (DWAC), to challenge Big Techs like:
$Amazon(AMZN.US$
$Netflix(NFLX.US$
has caused a stir last week. DWAC stock prices have skyrocketed to close at $35.54 per share. Trump mentioned that he has plans for additional capital inputs to popularise their renamed company Truth Social.
Truly speaking, Trump has a huge group of "die hard" followers who can temporarily support his move, but are their financials sustainable to achieve his goal of defeating the more established renown social medias indefinitely?
Forgive me for predicting that most likely his company's stock will not be viable for long term investment goal. Trump has a strong backup in Patrick Orlando, CEO of DWAC. who is apparently a "wizard" in money management, but it is not that simple for the latter to flex his skills with Trump at the helm. Apart from the disadvantage of a lack of surplus fund that the other Giant techs command, there remains, the social stigma of associating with the former American President. The public will not forget the unfavourable stink associated with Trump, who is alleged of inciting the Capitol riots on two occasions. Besides that, he is potentially facing other criminal probes too.
Initially, the early investors may have good buying opportunities and reap the profits from acquiring the DWAC shares, who will trade on the Nasdaq under the symbol TMTC. Whereas, for long term goal it is still wise for an investor to eye this stock cautiously. Let's see whether Trump is able to wave his magic wand to deal a Trump Card with glee, in his so called dynamic flourish.
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 index(.SPX.US$
$Dow Inc.(DOW.US$
$Amazon(AMZN.US$
$Netflix(NFLX.US$
has caused a stir last week. DWAC stock prices have skyrocketed to close at $35.54 per share. Trump mentioned that he has plans for additional capital inputs to popularise their renamed company Truth Social.
Truly speaking, Trump has a huge group of "die hard" followers who can temporarily support his move, but are their financials sustainable to achieve his goal of defeating the more established renown social medias indefinitely?
Forgive me for predicting that most likely his company's stock will not be viable for long term investment goal. Trump has a strong backup in Patrick Orlando, CEO of DWAC. who is apparently a "wizard" in money management, but it is not that simple for the latter to flex his skills with Trump at the helm. Apart from the disadvantage of a lack of surplus fund that the other Giant techs command, there remains, the social stigma of associating with the former American President. The public will not forget the unfavourable stink associated with Trump, who is alleged of inciting the Capitol riots on two occasions. Besides that, he is potentially facing other criminal probes too.
Initially, the early investors may have good buying opportunities and reap the profits from acquiring the DWAC shares, who will trade on the Nasdaq under the symbol TMTC. Whereas, for long term goal it is still wise for an investor to eye this stock cautiously. Let's see whether Trump is able to wave his magic wand to deal a Trump Card with glee, in his so called dynamic flourish.
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 index(.SPX.US$
$Dow Inc.(DOW.US$
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Trump's comeback is going to be HUGE!
Trump Media & Technology Group (TMTG) and $Digital World Acquisition Corp(DWAC.US$ have entered into a definitive merger agreement, reported in a press release on 20 Oct 2021.
What happen next, is that, in the past two trading days, $Digital World Acquisition Corp(DWAC.US$ have rocket from USD 10+ per share to, at one point, USD 175 per share, in a series of circuit breakers!
In the TMTG PowerPoint slides (you may download the PDF version here), the company will have a competitive structure, to compete with FAANG ( $Facebook(FB.US$, $Amazon(AMZN.US$, $Apple(AAPL.US$, $Netflix(NFLX.US$, $Alphabet -CL C(GOOG.US$ ) and other companies such as $Walt Disney(DIS.US$.
However, Trump comeback may not be just the merge of TMTG and DWAC only. There are news that the CEO of $Digital World Acquisition Corp(DWAC.US$, Mr. Patrick Orlando, is also the CEO of $BENESSERE CAP ACQUISITION CORP(BENE.US$ and $Yunhong International Units 1 Cl A Ord Shs 1/2 Red Wt And 1 Rt(ZGYH.US$.
Currently, $BENESSERE CAP ACQUISITION CORP(BENE.US$ is in talks to merge with ECombustible, a maker of hydrogen-based fuel.
According to ECombustible website, it has been running industrial-scale tests on its hydrogen-based fuel since around mid 2021.
It is also important to know that green hydrogen can be used to power vehicles, factories, planes and even future spaceships!![]()
Wow, can you see how HUGE the ambition is!
As for Yunhong International ( $Yunhong International Units 1 Cl A Ord Shs 1/2 Red Wt And 1 Rt(ZGYH.US$ ), it is located in Wuhan, China, and shared the same address as Yunhong group, that sells a range of supplements such as "Natural Brain Booster Capsule".![]()
Wow, it will be great if it produces covid treatment syrups.
Last but not least, an article on $Phunware(PHUN.US$ from USA Today wrote about a partnership on the Trump-Pence 2020 Reelection Campaign's mobile application, which sparked speculation that $Phunware(PHUN.US$ may be involved with the new 2021 social network development.
Now, that's why Trump's comeback may be more than meets the eye! It's probably going to be HUGE!![]()
So, please remember to do your due diligence as it is going to be a very high risk trade, that may pay its investor a handsome reward!![]()
Optimus Trump: It's going to be a HUGE comeback!![]()
![]()
![]()
![]()
Please![]()
to show your support.
Thank you and see you all soon.![]()
Trump Media & Technology Group (TMTG) and $Digital World Acquisition Corp(DWAC.US$ have entered into a definitive merger agreement, reported in a press release on 20 Oct 2021.
What happen next, is that, in the past two trading days, $Digital World Acquisition Corp(DWAC.US$ have rocket from USD 10+ per share to, at one point, USD 175 per share, in a series of circuit breakers!
In the TMTG PowerPoint slides (you may download the PDF version here), the company will have a competitive structure, to compete with FAANG ( $Facebook(FB.US$, $Amazon(AMZN.US$, $Apple(AAPL.US$, $Netflix(NFLX.US$, $Alphabet -CL C(GOOG.US$ ) and other companies such as $Walt Disney(DIS.US$.
However, Trump comeback may not be just the merge of TMTG and DWAC only. There are news that the CEO of $Digital World Acquisition Corp(DWAC.US$, Mr. Patrick Orlando, is also the CEO of $BENESSERE CAP ACQUISITION CORP(BENE.US$ and $Yunhong International Units 1 Cl A Ord Shs 1/2 Red Wt And 1 Rt(ZGYH.US$.
Currently, $BENESSERE CAP ACQUISITION CORP(BENE.US$ is in talks to merge with ECombustible, a maker of hydrogen-based fuel.
According to ECombustible website, it has been running industrial-scale tests on its hydrogen-based fuel since around mid 2021.
It is also important to know that green hydrogen can be used to power vehicles, factories, planes and even future spaceships!
As for Yunhong International ( $Yunhong International Units 1 Cl A Ord Shs 1/2 Red Wt And 1 Rt(ZGYH.US$ ), it is located in Wuhan, China, and shared the same address as Yunhong group, that sells a range of supplements such as "Natural Brain Booster Capsule".
Last but not least, an article on $Phunware(PHUN.US$ from USA Today wrote about a partnership on the Trump-Pence 2020 Reelection Campaign's mobile application, which sparked speculation that $Phunware(PHUN.US$ may be involved with the new 2021 social network development.
Now, that's why Trump's comeback may be more than meets the eye! It's probably going to be HUGE!
So, please remember to do your due diligence as it is going to be a very high risk trade, that may pay its investor a handsome reward!
Optimus Trump: It's going to be a HUGE comeback!
Please
Thank you and see you all soon.
From YouTube
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$Futu Holdings Limited(FUTU.US$
I am domaine hands with Futu, but did you guys see DWAC today?!!! holy sh&@t!!! I went in at 150% and it went up to 350% 😱, +50% after market hours
I am domaine hands with Futu, but did you guys see DWAC today?!!! holy sh&@t!!! I went in at 150% and it went up to 350% 😱, +50% after market hours
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On Thursday, a SPAC deal was announced to bring a new social media platform and other businesses from former President Donald Trump to the public markets.Trump Media & Technology Group is merging with $DIGITAL WORLD ACQUISITION CORP(DWAC.US$ in a deal valuing the company at $875 million and up to $1.7 billion based on future earnouts. The company is planning to launch the TRUTH Social platform in beta in November.
Trump Media & Technology Group has its sites set on many technology giants, such as $Twitter(TWTR.US$ $迪士尼(DIS.US$ and CNN, among others.
Shares of DWAC ended the day up 356.8% to $45.50. The warrants, which trade as DWACW were up 2,114% to $11.29.
Trump Media & Technology Group has its sites set on many technology giants, such as $Twitter(TWTR.US$ $迪士尼(DIS.US$ and CNN, among others.
Shares of DWAC ended the day up 356.8% to $45.50. The warrants, which trade as DWACW were up 2,114% to $11.29.
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$PayPal(PYPL.US$ PayPal may acquire Pinterest for $45b in hopes to move forward with its plan on becoming a "super app," similar to China's Alipay or WeChat
$DIGITAL WORLD ACQUISITION CORP(DWAC.US$ Former President Trump is launching his own media network, including social media platform, called Trump Media & Technology Group which will go public via DWAC merger
$Tesla(TSLA.US$ Tesla's Q3 earnings reported record revenue and profit even though it faced supply chain issues such as semiconductor shortages, port congestions, and power outages
$DIGITAL WORLD ACQUISITION CORP(DWAC.US$ Former President Trump is launching his own media network, including social media platform, called Trump Media & Technology Group which will go public via DWAC merger
$Tesla(TSLA.US$ Tesla's Q3 earnings reported record revenue and profit even though it faced supply chain issues such as semiconductor shortages, port congestions, and power outages
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I personally feel that is truth,trump will surely come back huge and might overtake fb but maybe time is not right yet.Now FB price is about 200+ and if dwac will to hit a price of 100-200+ is it going to say that when the day tmtg and dwac merge it's going to squeeze over 1000+ over few months?I doubt that if me I will get in about 40-50 and after the official merging day I expect it will pair up with FB prices but will it go beyond guess no one knows.
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101767718 : Strongly agree, early investors who join in the party early will gain the most. Now will just watch the show.
Jeet Kune Do : Good analysis
HopeAlwaysOP 101767718: $Digital World Acquisition Corp (DWAC.US)$ has delivered enormous gains to early investors in recent days.
HopeAlwaysOP Jeet Kune Do:
Spearhead : Speculators followers.. available..
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