A SPAC called Digital World Acquisition Co $DWAC-NYSE announced an agreement to merge with Trump's social media company and take it public on wed. Since then it cranked 1600% at one point. Had I been paying attention and threw $1000 on this when it started trending Wednesday, I could have paid my house off Friday lol. I usually scan Reddit trading rooms a few times a day but I haven't been in the mood to look at my red stocks lately and totally missed this ride lol. Usually after a run that hard, it would be silly to buy in, but all the media outlets just started talking about it this weekend, so it might still have room to fly. I'll probably throw $100 at it when the market opens. CNN and friends are trashing it saying it's just another meme stock....and it is...but the point is it's running just because it's Trump. They control the news. They control social media. They want you to think everyone hates Trump. Several HUGE hedge funds divested themselves of their DWAC holdings as soon as the announcement was made to show how woke they are. They lost BILLION$$$$$$. But more important, instead of the stock crashing with all those heavy hitters selling for literal pennies, it still ran harder than any SPAC in history from retail investors...from normal people who invested just because Trump's name is on it. You can't possibly send a clearer message than that, even if it crashes tomorrow. I love this ish.
https://www.google.com/amp/s/www.cnbc.com/amp/2021/10/22/trump-social-media-spac-digital-world-acquisition-corp-surges-another-100percent.html