$DWAC—Stop overthinking this shit regards! The REAL catalyst was not today...
"Oh, Trump will dump shares" "Oh, no he won't" "Oh it's down today, I'm bailing" You are all overthinking and it's so dumb. Listen to me your Lisan Al-Gaib:
The CATALYST IS NOT SOME OBSCURE SHAREHOLDER MEETING. Do you think Trumps 6 million Truth Social followers know that the meeting took place today?
The catalyst is the ticker change to $DJT. For the first time, the world's best self-promoter will have his own stock and an army of people to tweet to!!! Look at how this dude tweets and how people eat it up:
Why would he have tweeted about it or pushed it until it becomes "his stock"? It would have been stupid. Believe me, the average MAGA member is not thinking:
"Hmmm well the merger meeting of the SPAC $DWAC was today and I see that the lockup period is XYZ"
They will be thinking come Monday:
"My savior and god emporer has a ticker and is tweeting about it. Me going to buy!"
Disc: I am an idiot not financial advice. DYODD. May buy or sell at any time. I am long DWAC and have a position. My analysis is not based on fundamentals, it's pure psychology.