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WallStreetBets founder Jamie Rogozinski spoke out in a new interview this week to reveal why he believes that the Trump-linked SPAC is the clear meme trade of the day.
Yahoo News reported that Rogozinski said that Trump’s SPAC is clearly “a new stock on the menu” for the WallStreetBets crowd. When asked which stocks he believes the forum will ride next, Rogozinski replied, “I think it’s clear that this one is next and I think it’s going to be a while before they move on to the next one.”
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“This is not a short squeeze situation. I believe the move is based off of inherent demand for this thing,” he added. “There’s a lot of excitement and I think the price speaks for itself.”
DWAC is currently trading at around $57 per share, marking a near 500% return in just a few short weeks.
Rogozinski has also said that investment moves made by House Speaker Nancy Pelosi’s husband Paul are worth following. Last month, he opened up about the potential of a Pelosi-themed exchange-traded portfolio geared towards retail investors.
“I got this idea, somewhat of a joke, but I can’t shake it so I’m probably going to start pushing for it, which is this ‘Nancy ETP,’” Rogozinski said, later adding that the idea is to “capture some of these really exciting returns from the Pelosi family portfolio.”
This comes one month after Trump announced his social media platform called “TRUTH Social,” in order to “stand up to the tyranny of Big Tech.” Trump said at the time that his “group’s mission is to create a rival to the liberal media consortium.”
“We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American president has been silenced,” Trump claimed. “Everyone asks me why doesn’t someone stand up to Big Tech? Well, we will be soon!”
🚨President Donald J. Trump Announces Trump Media & Technology Group🚨
“I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech…
I am excited to send out my first TRUTH on TRUTH Social very soon…” pic.twitter.com/TCZVYq1VJQ
— Liz Harrington (@realLizUSA) October 21, 2021
Trump was infamously banned from Twitter, Facebook, and other social media platforms following the Capitol riot earlier this year. Conservatives everywhere are excited about his new social media form because those on the right have spent years being censored and silent by the radical liberals who run Big Tech.
Trump himself remains as popular as ever with conservatives as he continues to decide whether or not he will run for president again in 2024. He revealed over the weekend that he will likely announce his decision on this after the midterm elections next year.
Article Source : Redvoicemedia.com
OPINION: This article contains commentary which reflects the author’s opinion
Reminder : The purpose of the articles that you will find on this website is to EDUCATE our opinions and not to disinform or grow hate and anger!
