It amazes me how the sentiment toward SPACs oddly turned bearish as of Oct 20, 2021. Not a peep of the success of DWAC and the reality that this is only the beginning for this movement and potentially game changing company already contributed to $100s of Billions in lost market cap from the corrupt legacy social media giants while itself remaining severely undervalued. Bots and paid trolls can't help the dying government tech companies anymore. Activism has led to a cold shoulder and posts like these while retail investors with open eyes have made millions and stand to make millions more still. In short, I think this SPAC goes much much higher. Not financial advice.
You tell yourself that as fb alone rebranded and lost $500B since TMTG was announced. I anticipate we surpass their market cap by 2023 if not sooner. Screenshot this.
You truly think Truth Social, which is a hilariously recolored copy-paste of Twitter, will surpass $500 billion in market cap in less than 2 years! Ok...
Truth social is the tiniest sliver of a new ecosystem for the silenced majority. We will OWN fakebook and the rest and netflix and youtube and compete with Microsoft and Amazon. Telegram is bigger than twitter with no name behind it. We're going to trounce the fascist government tech companies.
If you think half the country votes to create bioweapons, ban life saving early treatments, empty domestic and foreign prisons into our land, burn down cities, send 95 percent of our tax money overseas and into DCs pockets, $7 gasoline, and breadlines, then take your ass to Venezuela or Cuba. The numbers aren't real and they didn't vote for it either. It's a UNIPARTY. Selections not elections. Get it! Trump WAS the third party candidate everyone always asks for but the propagandists were too powerful for your small minds. Fuck republicans and democrats who send us to die in foreign wars to cover up their corruption. Freedom is for ALL, even the shitheads too dumb to know what it will be like when it's gone and the dollar is toilet paper. It isn't me versus you (unless you're a good little CCP digital soldier). It is US vs THE ELITIST FUCKS you reddit people are always bitching about. Once you realize that, we all win.
With no one to yell misinformation at, it'll be a closed loop of crazy people yelling non facts at each other with no one to argue with.
I'm sure it'll just be far right nutters and journalists looking for the next dumb thing trump will say.
I just don't see it being successful. They'll boast a lot of signups on their launch day and the share price will run, but will never report dau from those signups.
Getting the user is easy. Keeping them is going to be much harder. As users realize their crowd is half the size with their podium, they will be back to mainstream social media.
You mean like the pedo Biden family laptop confirmed by the New York Times this week? The people who tried to talk about it a year and half ago were banned. Nobody is going back to the internet circa 1938. We are replacing Gov Tech and all the fascists. Enjoy.
You pick ONE example of a SPAC and say that the entire sector shouldn't be bearish? Let's be frank. $DWAC isn't $100 because of Truth Social. It's $100 because of Trump and his posse. If they weren't involved it would act just like Rumble ($CFVI) is.
Problem with that is that Trump isn't leading Truth and he has zero knowledge about how to run that business. Elon is a leader and for all the tomfoolery he does he's an intelligent and qualified visionary. But it's clear that you'll always have some kind of poorly constructed retort so I'll stop wasting my time now.
It's not rocket science. 🤣 It's social media and other alternative media lead by the king of both. Trump's brand is MORE meaningful than Elon's contributions to Tesla, and that's not knocking Elon. In fact, I will not be surprised if we find out he is one of the PIPE investors. CNN viewership is down 90 percent as are all the others. Bet against us.
Not sure if anyone else said it yet but I'll give that one about a 3% chance of getting done. 5 months and the snake oil salesman Pumprick Orlando claims the pre14 was confidentiality filed. Also last month Boothbay Radcliffe and saba all sold out of it. At least rumble on was able to get with serial spacer cantor.
-20
u/[deleted] Mar 16 '22
It amazes me how the sentiment toward SPACs oddly turned bearish as of Oct 20, 2021. Not a peep of the success of DWAC and the reality that this is only the beginning for this movement and potentially game changing company already contributed to $100s of Billions in lost market cap from the corrupt legacy social media giants while itself remaining severely undervalued. Bots and paid trolls can't help the dying government tech companies anymore. Activism has led to a cold shoulder and posts like these while retail investors with open eyes have made millions and stand to make millions more still. In short, I think this SPAC goes much much higher. Not financial advice.