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U.S. Presidential Election


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"However, if the stock can hold above the $17.50 mark, Trump and insiders would be in line to get an additional 40 million shares to divvy up" 

 

https://www.bloomberg.com/news/articles/2024-04-15/trump-media-plunges-after-registering-shares-warrants-for-sale?embedded-checkout=true

 

Even though there are a limited number of shares that can be traded currently (which limits people betting against it to quite a degree - short selling) and it's still vastly overvalued compared to the turnover of the business, it's currently down to 22$.  I'm intrigued to see what happens if it goes below the value bloomberg quote. 

 

https://finance.yahoo.com/quote/DJT

 

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31 minutes ago, clarkete said:

"However, if the stock can hold above the $17.50 mark, Trump and insiders would be in line to get an additional 40 million shares to divvy up" 

 

https://www.bloomberg.com/news/articles/2024-04-15/trump-media-plunges-after-registering-shares-warrants-for-sale?embedded-checkout=true

 

Even though there are a limited number of shares that can be traded currently (which limits people betting against it to quite a degree - short selling) and it's still vastly overvalued compared to the turnover of the business, it's currently down to 22$.  I'm intrigued to see what happens if it goes below the value bloomberg quote. 

 

https://finance.yahoo.com/quote/DJT

 

 

sad

 

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13 hours ago, clarkete said:

"However, if the stock can hold above the $17.50 mark, Trump and insiders would be in line to get an additional 40 million shares to divvy up" 

 

https://www.bloomberg.com/news/articles/2024-04-15/trump-media-plunges-after-registering-shares-warrants-for-sale?embedded-checkout=true

 

Even though there are a limited number of shares that can be traded currently (which limits people betting against it to quite a degree - short selling) and it's still vastly overvalued compared to the turnover of the business, it's currently down to 22$.  I'm intrigued to see what happens if it goes below the value bloomberg quote. 

 

https://finance.yahoo.com/quote/DJT

 

cant see it being a hot stock, trump is too distracted to run it well enough to make a profit. - if musk/x/twitter is struggling, trump will always be doing worse.

Edited by Neil
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