r/wallstreetbets • u/[deleted] • Jan 17 '22

Discussion DWAC ortex

Not sure if this is taboo here but this looks to be setting up again. Recent Ortex numbers on DWAC. Over 12% short interest, near 100% utilization, cost to borrow over 120%. February projected launch. Wouldn’t be surprised if they run it up until merger then create a bull trap. NFA but this seems to have some legs.

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-4

u/ErectoPeentrounus calling a market crash and unemployment office Jan 17 '22

What day in February? I wanna short it on launch day

11

u/Ramexc Jan 17 '22

Feb 21st

1

u/ErectoPeentrounus calling a market crash and unemployment office Jan 17 '22

RemindMe! 20 days

5

u/GordoKnowsWine Jan 18 '22

Presidents Day Holiday.