I have been following this stock cos I'm very intrigued by it. And I have a few thoughts..

- It is really irresponsible to dish out advice to just buy or short the stock.

- It is really foolish to just heed the advice of strangers whom u don't know how the person is vested in it. Always do your own due diligence (dyodd).

- It is futile to scold the stock. lol

- Curious, so I chatgpt-ed it. Donald Trump did not make a direct financial investment . Instead, his primary contribution is through his brand and involvement, which grants him 58% stake. Which means that if the stock is left with $1, he would still have benefitted financially from it.

- Who invested then? As below, and from chatgpt.

Investors put significant funds into Digital World Acquisition Corp. (DWAC) after the announcement of the merger with Trump Media & Technology Group (TMTG). Here’s a breakdown of the investments:
1. Initial SPAC Capital: DWAC raised $293 million through its Initial Public Offering (IPO) in September 2021. This is typical for SPACs, which collect funds from investors to later merge with a private company.
2. PIPE Investment: In December 2021, DWAC secured an additional $1 billion from private investors in a PIPE (Private Investment in Public Equity) deal. These PIPE investors agreed to buy shares at a discount once the merger with TMTG is completed.
In total, approximately $1.3 billion was committed by various investors to support the merger between DWAC and Trump Media & Technology Group.