According to the Barron's article: The discount to intrinsic value reflects the inability of warrant holders to exercise them now. The warrant terms state that they can be exercised at the later of 30 days after the closing of the deal with Trump Media and Technology Group or one year after the closing of the SPAC offering date, which was in September. And later on this is interesting about some platforms not allowing trading in warrants: "If you want a piece of the business at a lower implied valuation than the stock, the warrants are a no-brainer," Klymochko says. But speculators would prefer to play the stock, he says, adding that some trading platforms popular with Reddit investors may not allow warrant trading.
I tried day trading it today but got stopped out. But I made a lot trading uvxy so that's cool Hey there's got to be a joke in there somewhere about if Biden came out with something like that. It might go from $2 to $2.25 And then try and tax you lol
Anything associated with Trump goes to shit eventually. If there is anything in the world you should be shorting hard it's a Trump business.
I'm not really a day trader but couldn't resist buying at $18 yesterday with a stop at $17. Great trade, the only problem is I got scared and sold at $18.70
I was watching Ross Cameron's live trading session. I was skeptical if he was real or not but the session was real time with a very small delay. I confirmed by checking his price charts with my own at the time. The dude is the real deal. I'm amazed at how fast he's able to execute trades while at the same time commenting on the price action. He uses hot keys but even then, amazing quick. His ability to juggle multiple charts was twitchy fast. He uses LightSpeed and the PnL was being updated real time. He had some helpful comments on DWACW. Warrants continue to trade even when a stock is halted. It can give you an idea of where the common stock is headed. He wasn't always right. He was looking to put in limit order when DWAC was halted on the first red candle. Thought it would break through $175 for higher highs. Good stuff. This is the type of stuff he needs to do, in order to show people that he's not another scammer.
I've seen this before. I have warrants in OXY and GOEV and the moves can get crazy compared to the stock.
Might be the next DWAC. Huge volume and buying came in late Friday and during after hours. Rumor, emphasis on rumor, is that this company has Trump connections and may be affiliated with his new social media company. The buzz this weekend in big, so look for it to move Monday. Since I really suck at day trading I'll probably be a spectator, but if that's your game, this one is sure to have the movement. Remark Holdings, Inc. (MARK) NasdaqCM - NasdaqCM Real Time Price. Currency in USD 2.1700+1.2599 (+138.44%) At close: October 22 4:00PM EDT 2.8600 +0.69 (+31.80%) After hours: Oct 22, 07:59PM EDT