I have no reason whatsoever to disagree with this, but somehow I just can't believe it will actually happen this way. I just don't believe it.

I guess my thinking is that, reduced to fundamentals, DWAC is a vehicle for funneling money to Trump either from rubes or from money laundering. And I feel like both of those wells have been sucked on so thoroughly at this point that there can't possibly be 3.5 BILLION dollars sitting untapped in either of them.

But time will tell. Like I say I have no factual disagreement with any of the individual elements.

What’s actually being traded right now is a small portion of the actual shares that will make up the new merged company. This dollar amount assumes that turmp would be able to sell 60% of all stock in the company (which is much more than is available to trading right now), without sending the stock price right into the ground. That’s just not going to happen.

This lockup period prevents him from selling for 6 months to prevent the share price from tanking just after the merger from insider selling, but the board could decide to remove that restriction so he could start offloading shares. Even if they don’t, when we get closer to lockup expiration I’m guessing the shares will likely begin tanking in anticipation of Trump doing this. He’d be dumb not to try and offload shares, the company is insanely overvalued.