Is Digital World Acquisition a slam dunk short play?

[artradley]

I’ve never done a short, but this seems like a safer bet than Game Stop in 2021. I read one analyst say it could go down 95% eventually. Are there any worse fundamentals than “a bunch of lower income people are buying it in order to prop up the price?”

 

[tarheelbybirth]

Watch for Russian oligarchs buying in.

 

[hawkeyetraveler]

It is a short play for sure IMO, but the problem with hyped stocks like this is you don’t know when sanity will assert itself. GameStop flew high for quite a while after all and that didn’t have an A+ snake oil peddler like Trump involved.

Personally I would just stay away as timing can bite you even if you are fundamentally sound.

 

[Moral]

Watch for Russian oligarchs buying in.

Probably some Saudis too.

 

[TennNole17]

Don’t touch.

Also read the shorts are extremely high- cause you’re not the only one thinking it.

Timing it right will be impossible

 

[MitchLL]

I’ve never done a short, but this seems like a safer bet than Game Stop in 2021. I read one analyst say it could go down 95% eventually. Are there any worse fundamentals than “a bunch of lower income people are buying it in order to prop up the price?”

If that's a dig at Rico......

BRAVO

 

[Funky Bunch]

I put an order in for one Jan 2026 $5 Put for shits and giggles. It filled right before market close.