DWAC?

Discussion in 'Stocks' started by TraderTom1133, Jul 9, 2022.

  1. I think this will be a great short, especially after the after hours run up. Will be watching this one closely. Thoughts?
     
  2. SunTrader

    SunTrader

    Ignoring initial spike on IPO/reverse-merger nonsense $101 area was the high. The short to make was somewhere after big down day 3/7/22 down into the low 80's. That was the so-called easy money play.

    Of course it could go to pennies at any point, but who knows with limited history to base a short on currently. If it closes on a daily basis below prior swing low of June 30th. Especially if it does on above average volume worth a shot.