Trump Media/Truth Social and DWAC merge under the new ticker DJT...

That’s all I need to know about his chances of winning the election.

 

‘DJT’ stock has seen ‘aggressive’ selling by retail investors leading into election

 

Trump's Net Worth Drops $1.3 Billion Following Massive Decline in Social Media Stock

 

He loses, the price of that stock goes to $0.01.

It is a joke of a stock without the possibility of bribing the President.

 

Textbook pump and dump.

 

Halted again today for a short while. A big sell order.

 

probably Trump dumping his shares

 

elon getting out?

 

Trump Media stock was halted three times on Election Day after its price dropped 15% in just 15 minutes
Could be a more accurate predictor of the election results than the betting markets or the polls.

 

some major grifting going on there..where is the cash coming from to keep it afloat? Did the original merger provide hundreds of millions in liquidity for them to plunder at will?

 

Those are John Ruiz-type numbers. Quite an accomplishment

 

I'm not sure that the earnings report made any difference. The company was expected to show huge losses with the only question being how large of a loss. I still attribute the drop in the stock price to the expectation that the Donald will lose the election.

 

Huge losses, yes, but $2.somthing in revenue ..... wow... that is pretty damn sad.

Tech stocks almost always bleed red early on, but they are at least making money.

What this tells me is that Trump is paying himself about $200 million per year.

Just like he did with all his failed buisnesses, he pays himself and family bigly even as the company circles the bowl.

 

I wouldn't put too much stock into that IMO. Made sense there was a large sell-off late in the afternoon session (after big run-up) and in early after-hours b/c you have to have balls of steel/or be crazy to want to hold that overnight. Profit taking by daytraders too. Currently, (7:35pm) its back over $41 (huge swing up--over high of day). I bet we see violent swings both ways.

May be wrong, but I still would rather be in Harris' shoes right now....

 

Down 21% on the day. Not sure what to make of that

 

I get that, but it's always had terrible financials. It just rode on Trump Meme stock vibes. Which is why I'm surprised it's tanked since he won

 

Im shocked that Devin Nunes can’t run a tech company. Shocked.

I guess they don’t even have to give the appearance. But it is weird how blatant they made it. Like… at least pretend to hire some real people.