I'm no stock expert, but DJT goin' down, eh?

Additional stock issue for a meme stock. Must need to have access to more funnelled foreign capital...

 

Marjorie Taylor Greene won’t say what happened to her Trump Media stock
https://www.cnbc.com/2024/04/12/mar...-what-happened-to-her-trump-media-stock-.html

 

LOL! Down from $118 in Oct 21, to $27 today. Are DJT investors having fun yet?

 

Publicly traded companies are outside the MAGA control.
Investors, those who want companies to actually make a profit do the bulk of trading.

The investors will value the company based on earnings and potential growth.
Since DJT is 57% 1 person owned, what is the value of that company after death?

Has the company ever made a profit?
The lost millions last year. And not much hope, at this time, for big fast growth.
In fact, if trump loses election, it likely will head towards bankruptcy.

 

Of course, it is outside MAGA control. That doesn't mean that speculators can't artifically prop up stock price, as we have seen with the Gamestop debacle three years ago. It deosn't look, however, that many Trumpers are willing to buy DJT to prop it up. Time will tell.

 

It makes no money.

...
(Bloomberg) -- Donald Trump’s net worth tumbled by $1 billion along with the shares of his social media business after it disclosed a more than $58 million loss in 2023, as revenue for the former president’s Truth Social platform trickled in.
https://finance.yahoo.com/news/trump-media-lost-58-million-141844230.html

...
Here's the financials.

https://www.wsj.com/market-data/quotes/DJT/financials

 

Why go with, "I think"?

Go find the facts and go with what is known.

 

Everything in my post was a fact.

 

But only traded publicly for about 3 weeks.

...
Trump’s Social Media Company Will Begin Trading Tuesday As $DJT
Derek Saul
Forbes Staff
I cover and analyze daily happenings in financial markets.

Mar 25, 2024,01:02pm EDT
Updated Mar 25, 2024, 01:27pm EDT
Topline
Former President Donald Trump’s social media company will officially begin trading publicly Tuesday, finally bringing the right-wing platform majority-owned by Trump to market at a gaudy multibillion-dollar valuation after more than two years of roadblocks.
https://www.forbes.com/sites/dereks...begin-trading-tuesday-as-djt/?sh=4231e83c4786

 

Yet, you posted the words to qualify your words, "I think".

Which implies, you only think it's true. You don't know it's true.
Which means, you don't have actual facts, just stories.

 

Thanks for the analysis of my meaning.

 

YW.

I hope it helps.

 

Maga doesn’t deal in actual facts, just dishonest partisan bullshit.
They call it alternative facts, but everyone knows better.

 

-18.35% today, down 62% since the opening day price.

This thing might seize to exist. I feel sorry for those who invested in it.

 

Good point…..At this time, it’s a one-man show stock company, thus, what will happen to DJT if Trump dies, or if he loses his election?

 

And he's got 5 months to go before he can sell his stock! This stock is going to be worth nothing in 5 months.

 

Well, weigh this:

Trump's stock down 62% today, and he's got 5 months to go before he can cash in.

Hah!

 

Down another 8% today. Let the fleecing continue.

 

They decided to add another 21.5 million shares for sale, which will dilute / devalue the existing ones, which screws the current investors. What are they thinking?

 

Foreign clean money handouts....to DJT. Those foreigners appear to also have loaned to DJT before it went "public".

 

I think this was easy to predict. The company has never made a nickel. I'm surprised the price decline has been as little as it is.

 

Me too.

And I certainly hope that my Vanguard fund managers will not use their cash position to buy DJT stocks.

 

IMO, it goes out of business.

 

Do the letters BFD have any meaning to you? Did you even look at the general movement of the market or just as AI?

 

Down another -14% today.