Vertical Research Advisory
Newsletter

VRA Letter: VRA Portfolio News; DWAC +17% on Potential Gamma Squeeze. PLTR +17% on Earnings & AI Guidance

Good Monday afternoon. Developments on two VRA Portfolio positions; DWAC and PLTR, both of which are trading higher by approx 17%. 1) DWAC or soon to be “Trump Media & Technology Group” (which after the SEC approval of th ...

Posted On February 05, 20245 MIN Read
Share:
vra-default-img

Good Monday afternoon. Developments on two VRA Portfolio positions; DWAC and PLTR, both of which are trading higher by approx 17%.

1) DWAC or soon to be “Trump Media & Technology Group” (which after the SEC approval of the SPAC merger will have a symbol of “TMTG”).

DWAC closed up 17% to $47/share on continued excitement about Trumps campaign, SEC merger approval and what looks to be a possible gamma squeeze in the shares.

In the chart below we see that DWAC has jumped from $17 to $47 over the last 3 weeks, a move higher of 176% that’s also taking place on high trading volumes, a technical confirmation of the move.

Below we see that DWAC call buying in the options market is high…actually extraordinarily high for a single stock. If this another gamma squeeze, as we enjoyed from our position in both AMC shares and call options (Parabolic Options) and where we booked combined profits of 295%, the move that’s underway now could take DWAC much higher from here. Gamma sq...

Continue reading your article and start your free 14-day trial with VRA.

Start Free Trial

Already have an account? Sign in.

Related Post

May 28, 2024
VRA Letter: Bullish Set-up Remains in Place. Semis Are “Still” On Fire. Buy Miners on Weakness.

Good Tuesday morning. Hope your Memorial Day weekend was a good one, as we honored our heroes who made the ultimate sacrifice for our country. Equity futures are slightly higher this AM as we kick off a 4-day trading week. It’s been a solid month, with the S&P 500 up 5% and Nasdaq up more than […]

May 24, 2024
VRA Letter: VRA Members Only Podcast

Good Friday morning. It’s a good time for a VRA Members Podcast. Lots to cover, from our overbought markets (past tense) to our VRA 10-baggers. Vertical Research Advisory · VRA Members Only Podcast 5.24.24 Topics: 1) Thanks again to Wayne for having me on his new hit show last night, “The Root Reaction”. I think […]

May 23, 2024
VRA Letter: It’s All About Nvidia…and a Second Dot-com Bull Market. NVDA +837%. SOXL +753%. Quick Hitters; PM’s/Miners. Tesla. Lost Soldier Oil & Gas.

Good Thursday morning. Heads up; I'll be on Wayne Allyn Roots new hit show on Real Americas Voice tonight at 10 PM EST. Hope you can join us! It’s All About Nvidia…and Another Dot-com-like Bull Market The investing world expected Nvidia to beat on Q1 earnings…they did not disappoint. Check out these mind-blowing statistics: - $26 billion in revenue […]

May 22, 2024
VRA Letter: Join Lost Soldier Oil & Gas for Tonight’s Zoom at 8PM EST

Good Wednesday morning. Tonight at 8PM EST, Lost Soldier Oil & Gas will host their next Zoom meeting. It’s a remarkable story. Over a 40 year period, principals and major investors with Lost Soldier began putting together what is now a 40,000 + acre play in Wyoming (2 hours from Casper). Because the property contained a […]

May 22, 2024
VRA Letter: Nvidia Day Is Here! VRA Portfolio Decision; We’re Not Taking Profits. Semis Will Continue to Lead Higher. Must Read From Rich Ross. X1 Update.

Good Wednesday morning. Nvidia day has arrived. After the close, NVDA announces Q1 earnings with estimates of $5.63/share (EPS) and $24.6 billion (revenue). The only question here is “by how much will they beat these numbers?”  Remember, it was NVDA that kicked off the AI craze with their Q1 earnings report in May 2023…just as the […]