Trump's Deal May Have Skirted Securities Laws

[WarGamer]

15. Oh yeah, I'm well out of DWAC. I jumped into the middle TSLA though...

Rode a few 1000c from 960 up to 1080 on Friday... made my weekend!

I'm very cynical of the Stock Market. I play it to make money. I think the system is cooked. The key is to play the market like the people who "cook it". Once you do that... follow around the sharks and you'll get the crumbs.

But about DWAC, it's still 60$+ a share, up 500% from the merger announcement. The merger WILL complete.

I see bad SPAC's all the time. I've lost money on them. There are enough people banking on Trump's ability to transfer 73 million votes and 100m+ social media followers to a new platform.

Re: the hacking and the IP theft. We have no idea what the platform will be. If I had to make a guess, I'd say the Mastodon based platform was just a mock-up to be able to show investors. I highly doubt the final platform will be open source.

IMHO, this is out of Trump's control.

He knows NOTHING about any of this. The SPAC runner has completed several successful mergers. I expect TMTG to poach some Silicon Valley talent, possibly bring Peter Thiel on the board to get Silicon Valley cred. With the multi-billion dollar valuation, they can build something big.

Don't get me wrong, I'm not criticizing you personally... we just disagree whether the merger will execute. I think it's a sure thing and you think the SEC or some litigation will stop it.

Have a good night!