“If you build it, they will come”…
CTH- It would appear there is a great deal of interest in the newly announced Trump Media and Technology Group as shares for the special media acquisition company, DWAC, the firm merging with Trump to lead the fundraising have skyrocketed after the announcement.
Beginning the day around $10/share, the value of DWAC jumped to a session high $51/share, as more than 412 million shares have been traded. Buy orders outpace sell orders by 3 to 1. [Current CNBC ticker here] DWAC is by far the most active stock as MAGA retail investors climb on board the opportunity to challenge Big Tech with Trump social media. They even tried numerous times to stop trading…. but the people kept coming, and coming, and coming…. more
President Trump is going to singlehandedly get socmed regulated, and they’ll all be screaming for that regulation by the time he’s done with them.
Remember five years ago when they said he was only running for President as a stunt to promote the TV news show he was creating?
NASDAQ to soon announce they’re really a social media concern and will suspend TMTG permanently for ‘misleading’.