• TropicalDingdong@lemmy.world
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    8 months ago

    Not exactly looking great for DWAC on this news. Not sure what this represents for a lock in period or if Trump can leverage that position to make bond.

      • TropicalDingdong@lemmy.world
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        7 months ago

        yeah but like not even a bump on the news?

        Bruh if your best news results in a down five percent day…

        Like fine but lemme buy some puts right? Because she of your best day when the home boy announce the SPAC…

        like bruh some bullshit EV stock I got pulled a permit to build a building ant it went up 25%. I get five percent ain’t shit but five percent on the best news you gonna get…

    • Evilcoleslaw@lemmy.world
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      7 months ago

      I don’t know if he can leverage it, as iirc I read that per the terms of this merger the major shareholders can’t divest until 6 months after closing. But he’s only got until Monday to pay and he now has to give the court advance notice about any efforts he’s making to get the bond. So he’s running out of time.

    • Fapper_McFapper@lemmy.world
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      7 months ago

      Investors know Trump is about to pump and dump. Still looks like a new floor with probably more to come.

      Not investment advice. Taking investment advice from me is extremely hazardous to your portfolio and should be avoided at all cost.

      • TropicalDingdong@lemmy.world
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        7 months ago

        a new floor

        Might be. If I knew how to tell the difference between floors and ceilings, I’d be doing a hell of a lot better. But who knows on price level, and even moreso with a SPAC that doesn’t actually have to report out numbers like a real company.

        I’m saving my bearish sentiment for the Reddit IPO.

      • Rentlar@lemmy.ca
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        7 months ago

        My living room’s ceiling is leaking.

        The statement above is investment advice.