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VRA Alert: Digital World Acquisition Corp (Trump Media) +69% on SEC Approval Rumors (Prepare to Sell)

Good Monday afternoon. VRA Portfolio holding DWAC (Trump Media) continues its surge, now up 69% on the day as rumors build that the SEC will approve the merger with Trump Media. DWAC has 2.1 million shares sold short with an 8.8 d ...

Posted On January 22, 20241 MIN Read
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Good Monday afternoon.

VRA Portfolio holding DWAC (Trump Media) continues its surge, now up 69% on the day as rumors build that the SEC will approve the merger with Trump Media.

DWAC has 2.1 million shares sold short with an 8.8 days to cover ratio (as of 12/29/23 report).

VRA Alert: when the SEC approval is announced, if it is announced, we will be “selling the news”.

Our cost basis is $32.40. Last Trade: $44.50

We’ll alert you when the news hits, but in the event you see the news before we get the alert out, enter your sell orders (market).

Until next time, thanks again for reading. 

Kip

Please join us each day after the market closes for our Daily VRA Investing Podcast! @ https://vraletter.com/podcasts/

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