Digital World Acquisition Corp. Class A (DWAC)

69.00
2.60 3.90
NASDAQ
Prev Close 66.43
Open 66.25
Day Low/High 63.60 / 69.70
52 Wk Low/High 9.84 / 175.00
Volume 2.41M
Exchange NASDAQ
Shares Outstanding 37.21B
Market Cap 2.58B
Div & Yield N.A. (N.A)

Latest News

The Structural Problems Associated With Shorting...

Today's markets provide an immense challenge to money managers, like myself, who actively sell short.   On one hand, shorting the Indices (as I have had unprofitably done in the past) exposes a short seller to the massive and unrelenting flows going...

Covering Half of DWAC Short

Covered half of my Digital World Acquisition Corp. short.

Four Shorts

I am bidding slightly under the market to cover some of the following shorts: , , and .

New Buy (and Short) 'Levels'

* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. This column is a continued commitment towards that sort of disclosure. "Wh...

Borrow Rates on Stocks I'm Short

I was asked about borrow rates on Rivian in the Comments Section.  I thought it would be interesting to make a list of stocks that I am short in which the borrow rate is over 1%:  * 127% * 66% * 25% * 11% * 9% * 5% * 2% * 1%

Kass: A Lengthy Period of Easy Money Has Gotten Everyone Drunk Again

Kass: A Lengthy Period of Easy Money Has Gotten Everyone Drunk Again

My investing program and process have been boring over the last few months. But I'm being rational in a bubble that grows daily.

You Are Watching Cable 10 - Aurora Illinois Community Access Channel

* A lengthy period of easy money has gotten everyone drunk again * My investing program and process have been boring over the last few months * But to me, I am being rational in a bubble that grows daily * "Aerosmith's music is still playing" as the...

Speculation Is in the Eyes of the Beholder

There is a place to speculate in most portfolios.   It all depends on your individual risk profile and appetite.   But speculation takes many forms:   * In small-cap gewgaws that may blossom into beautiful flowers. * In (long AND short positions) in...

DWAC Update

Digital World Acquisition Corp. is trading lower in premarket - to $58.90/share.   That's down from $174 about 1 1/2 weeks ago.  

Are SPACs Back in Vogue After Trump Bump?

Are SPACs Back in Vogue After Trump Bump?

Google search interest in SPACs has soared in the past week, reaching its highest level since February.

Pissa!

More trading by our representatives - this time in the Trump SPAC .

Healthy Consolidation Continues as Earnings News Is Digested

Healthy Consolidation Continues as Earnings News Is Digested

This serves the purpose of letting stocks rest before they embark on the next step in their journey.

The Market Is Being Hit With Some Significant Rotational Action

The Market Is Being Hit With Some Significant Rotational Action

In addition to the sharp turn in Tesla, other high-beta high PE names have lost their momentum.

Main Street's Conditions Diverge Widely From Wall Street

* The markets are now FIGHTING THE FED as tapering will begin shortly * At the core of our bearish market view is the notion that inflation and supply chain disruptions will be sustained for a lengthy period of time * Market optimism abounds even th...

More Lessons Recently Learned

"Wookin' pa nub in all the wrong places..." - Eddie Murphy, Saturday Night Live    Before I deliver my opening missive I wanted to emphasize and repeat some important lessons recently learned.  Regardless of one's market view - more on this in my op...

As the Indices Deal With Overbought Conditions, Traders Look for Action

As the Indices Deal With Overbought Conditions, Traders Look for Action

To be successful in this market right now, the key is to find the sectors that are working and focus on stock picking.

The Week Ends in Messy Trading

The Week Ends in Messy Trading

The good news is that this rotation and choppy action helps charts develop for the weeks ahead.

The Indices May Need a Rest, but Interest in Stock Picking Is Building

The Indices May Need a Rest, but Interest in Stock Picking Is Building

In particular, there are fresh pockets of speculative action, thanks in part to Donald Trump's connection with SPAC Digital World Acquisition Corp.

Evergrande Surprise, Trump's New Truth, Phunware Fun, Bitcoin Weirdness

Evergrande Surprise, Trump's New Truth, Phunware Fun, Bitcoin Weirdness

Plus, Snap Inc. disappoints with its guidance as Apple lets users opt out of being tracked by individual apps.

Wild Pockets of Speculation Amid a 7-Day Winning Streak

Wild Pockets of Speculation Amid a 7-Day Winning Streak

The problem with trading a name like DWAC is that it sucks up a lot of energy.

Trump Is Coming Public and This One Doesn't Surprise Me

Trump Is Coming Public and This One Doesn't Surprise Me

It's all about social media and technology.

Out of DWAC

I am out of my Digital World Acquisition short. I should never have mentioned the short (see my remarks in our Comments Section). It was a lark that I wanted to watch, it cost me about what I will spend tonite for dinner.

Small-Caps Are Now Leading the Market

Small-Caps Are Now Leading the Market

The most fascinating trading is in Digital World Acquisition which is a SPAC that announced a deal with Trump Media.

New Meme Stock?

The new meme stock will likely be !    It is perfect for the times...