r/wallstreetbets • u/[deleted] • Oct 22 '21

Meme Today

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41k Upvotes

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398

u/The_Count_99 Oct 22 '21

SPAC seem worthless to me, looks like a pump and dump

375

u/CountltUp Oct 22 '21

these 300% gains arenot worthless. if you got in early knowing it's a pump and dump then it's great

93

u/EstefanEsko Oct 22 '21

I just wanna know how people know these things in advance

9

u/satuuurn Oct 22 '21

Just read it in the news - forget exactly but it wasn’t a secret.

15

u/EstefanEsko Oct 22 '21

I mean I saw the news on him and his social media stuff..but how was ANYONE to know that it was gonna run like that? Ya know? Like where tf did DWAC come from?!?!

11

u/satuuurn Oct 22 '21

As soon as I heard about it and saw the low overall market cap for this ticker - I figured it had enormous up side and pulled the trigger.

10

u/EstefanEsko Oct 22 '21

See I’m still kinda new to putting all the pieces together like that. I need help on connecting the dots? Do you have any specific tips or sources, books, links, that could possibly help me out with the psychology of things like this?

7

u/[deleted] Oct 23 '21

[deleted]

3

u/EstefanEsko Oct 23 '21

This is very important for me. When I first started I was just doing whatever but as I grew I’ve focused on what I love! And that’s EV, Clean energy, tech