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trump media shares down 21%

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Post by Sprintcyclist Sat Apr 13, 2024 6:29 pm

........... Shares of Trump Media & Technology Group ........ have fallen about 50% off their high since they started trading a little over two weeks ago. .............

https://variety.com/2024/digital/news/donald-trump-media-stock-drop-50-market-value-1235969465/

50% down. A company with 0 assets and losing money, the most shorted stock in the US.
There may be a short covering buy boost. There may not either. The shorts may stay there sensing a 100% gain.

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Post by Sprintcyclist Wed Apr 17, 2024 6:55 am

It went down 14%, today. Now $22.84 USD

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Post by QuaseMarco Wed Apr 17, 2024 8:30 am

Sprintcyclist wrote:It went down 14%, today.  Now $22.84 USD

I say it's time for you to buy some shares of DJT. You certainly are obsessed with this.
Own some so you can be a voting shareholder.
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Post by vege57 Wed Apr 17, 2024 4:12 pm

QuaseMarco wrote:
Sprintcyclist wrote:It went down 14%, today.  Now $22.84 USD

I say it's time for you to buy some shares of DJT. You certainly are obsessed with this.
Own some so you can be a voting shareholder.

Sounds like a risky investment, lol
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Post by QuaseMarco Wed Apr 17, 2024 6:01 pm

It sure is risky.
I'm a risk averse investor.
I don't speculate anymore.
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Post by Quark Wed Apr 17, 2024 6:18 pm

Truth Social is what's called a penny stock. After the euphoria wore off the stock is going back to what it's real price/value should be. If a person has long enough to wait the stock should prove profitable. This happens with a lot of penny stock IPOs.
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Post by QuaseMarco Fri Apr 19, 2024 4:26 pm

Quark wrote:Truth Social is what's called a penny stock. After the euphoria wore off the stock is going back to what it's real price/value should be. If a person has long enough to wait the stock should prove profitable. This happens with a lot of penny stock IPOs.

Is it $5.00 or under yet?
Penny stocks trade for less the 5 bucks.
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Post by QuaseMarco Tue Apr 23, 2024 12:07 pm

NASDAQ DJT 32.40 USD     trump media shares down 21% - Page 2 1f615
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Post by HawkTheSlayer Tue Apr 23, 2024 8:48 pm

Daily Bread wrote:Forbes never has nor never will be favorable to anything "Trump" but thats something that Sprint can relate to . The truth of the matter is that Trump is and always will be financially successful and that is something that irritates the crap out of his enemies . When spewing lies about golden showers and molesting women at Burger King and Macys and Russia Russia contrived stories from the CIA and Clinton can't bring him down but , instead , bolsters his followers than the opposition should think about calling it a day because they lost and they lost it before they began . Stupidity is very hard to admit if you're stupid .

As I've posted many times before;

Mon vieux Nonc Ree-shard(my old Uncle Richard) told me many decades ago , "Son, its way better to be smart and act dumb, than to be dumb and act smart".


Last edited by HawkTheSlayer on Wed Apr 24, 2024 12:16 am; edited 1 time in total

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Post by hurricanehook Tue Apr 23, 2024 9:09 pm

HawkTheSlayer wrote:
Daily Bread wrote:Forbes never has nor never will be favorable to anything "Trump" but thats something that Sprint can relate to . The truth of the matter is that Trump is and always will be financially successful and that is something that irritates the crap out of his enemies . When spewing lies about golden showers and molesting women at Burger King and Macys and Russia Russia contrived stories from the CIA and Clinton can't bring him down but , instead , bolsters his followers than the opposition should think about calling it a day because they lost and they lost it before they began . Stupidity is very hard to admit if you're stupid .

As I've posted many times before;

Mon vieux Nonc Richard(my old Uncle Richard) told me many decades ago , "Son, its way better to be smart and act dumb, than to be dumb and act smart".
Some people like to create hate and discontent just to make themselves feel relevant. Like the stupid people walking around with purple hair. LOOK AT ME!!
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