Lies Social
Bitcoin may be Bigtime Monkey Business, but there is smaller MB around as well, although Dotard probably would be mad that I refer to his Greatest Social Media the Planet (GSMP) has ever seen as monkey business. To recall the story till now. Early Sept, DWAC, what is known as a SPAC or blank check company, went public in a $ 300 m offering, with its shares trading at $ 10, which is basically what all monkey business SPACs trade at till they actually have a non-monkey, or real business, which usually takes a year or two. But end Sept, just a month later, it surprisingly announced that it would merge with Trump Media (TMTG),which would be starting their GSMP soon. That sent DWAC shares from 10 to $ 94 in day (did you ever think crap was worth so much?) prompting me to write it would be good to short the shares. They were very thinly traded, but if you succeeded, congratulations. They now trade at $ 40. And are well on their way back to $ 10, which would still be around 10 times more th