DWAC: Cause A Squeeze By Buying SPAC Warrants And The Next Undiscovered MAGA Meme Stock
Last time we talked about meme stock SPACs we said that if you want to cause a squeeze in the stocks, buy the warrants. We warned people that if you don't do that, the stocks will tank because hedge funds use their warrant inventory to relentlessly short the stocks once they become exercisable. And what ended up happening? IRNT, OPAD and HLBZ all ended up tanking once their warrants became exercisable. MAGA meme stocks DWAC, BENE and PHUN went up massively these past couple of days because of Donald Trump's new social media platform set to merge with DWAC, while BENE and PHUN are rumored to have some connections. DWAC being the biggest gainer of the three with the other two being sympathy plays. If you want DWAC to move up: BUY THE WARRANTS. If you DON'T buy the warrants, the stock price will eventually crash. Why? Simple. Warrants are like long term call options. The warrants have a strike price of $11.50. That means submitting a warrant and $11.50 will get you a share.