>TRUMP Social Network
DWAC
Lighthouse Investment Partners and Saba Capital Management sold all their unrestricted shares, approx 20% of all shares to avoid the stench of truth and to keep the shine of woke.
Good times. 2 Hedgies down, 2 to go? Saba says they sold early Thursday before the spike. I don't believe that part of their statement. One of those LUDP halts must have been to unwind the big boys.
There were 5 volatility halts Thursday, 12 on Friday: https://www.nasdaqtrader.com/Trader.aspx?id=TradingHaltSearch
"Among the other hedge funds listed in regulatory filings in September as major shareholders of DWAC were D.E. Shaw, which owned 8%, or 2.4 million shares, and ARC Capital, which held a near 18% stake, or 6.6 million shares."
https://www.msn.com/en-us/money/markets/two-hedge-funds-sell-stakes-in-trump-spac-firm-dwac-after-merger-news-big-stock-price-rise/ar-AAPPSC1
DWAC COB Friday 10-22-21:
SHARES OUTSTANDING
28.75M
PUBLIC FLOAT
28.76M
SHORT INTEREST
0 09/30/21