Vertical Research Advisory
Log inJoin Now
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

December 03, 2024
VRA Letter: How Far Can This Rally Go? Love the Semis & tech. Bitcoins Journey to $100k. Lost Soldier Oil & Gas Logs.

Good Tuesday morning. The most common questions we get today go like this; “how far can this rally go? Are we nearing a top? Is it a mistake to buy here?” Investors have become so beaten down that they see a bear market around every corner. Hey, we get it. We remember that from 2018 […]

December 02, 2024
VRA Letter: November, What a Month. Tesla & Bitcoin Soar 38%. The Macro is “Everything”. The Trump Doctrine. Semis, Miners, Bitcoin.

Good Monday morning. What a month November was. The S&P 500 was up 6%, the Dow Jones was up 7.5% with nasdaq up 6.2%. The big winner? The Russell 2000, as small caps soared 10.7% for the month.  The VRA Portfolio had a good month as well, led by holdings we’ve been pounding the table on. Bitcoin […]

November 27, 2024
VRA Letter: Fox Business @ 2PM EST. Americas Most Important Thanksgiving in Two Decades. The Red-Pilling of America and the Return of Animal Spirits.

Good Wednesday morning. Heads up: I’ll be on Fox Business with Charles Paynes “Making Money” today in the 2PM EST hour. Hope you can join us. My goal is to discuss the core of this mornings Letter. This will be our last Letter until Monday, in observance of Thanksgiving. The markets are closed tomorrow and open a […]

November 26, 2024
VRA Alerts: Bought SMR, Sold ERX, URA. VRA Letter: Bitcoins Struggles to $100k. Trump 2.0 with Scott Bessent. PM’s/Miners, TNA, GME.

Good Tuesday morning. VRA Alerts 1) We bought NuScale Energy Corp (SMR) @ $30.00 2) We sold ERX (2 x Energy ETF) @ $71.50. Profit of 11%. 3) We sold URA (Global Uranium ETF) @ $32.80. Profit of 66%. You’ll find the VRA Portfolio updated with all trades/positions in your VRA Members Site later today. […]

November 25, 2024
VRA Alerts: Sell URA, Sell ERX. Buy NuScale Power Corp. VRA Letter: Long & Strong, Melt-up Set-up Still in Place. TNA, TQQQ, Bitcoin, TSLA.

Good Monday morning. We have two sell recommendations and one new buy rec.  Alerts:  1) Enter a market order to sell ERX (2 x Energy ETF). Last: $72 ERX has hit extreme OB readings on the VRA System. We will look to repurchase ERX when it returns to a buy signal. We paid $64.40 for ERX. […]