DJT stock, the ride has begun!!

[ChumpChange]

Timber!!!!

Looks like the market doesn’t see him pulling out a win in November. I may look at a time to gamble some money and throw a few bucks at it, come Election Day. I’ve already made a decent amount when he speaks during market hours.

 

[sintax]

this stock was pretty much the same as an NFT

 

[BingerFang]

Will be curious to see if he sells his own stock to free up some cash for the election

 

[thetub]

while yore at it short all of Elons stocks cause they are gonna destroy him too... financially...

good ole communist system it has become... destroy who opposes you and send them to Siberia....

viable shmiable the whole market is bunch of hot air ... its a fugazy...

 

[ChumpChange]

Will be curious to see if he sells his own stock to free up some cash for the election

For sure he will. His comment was that he was not going to sell it when the lockout expired. But then he also qualified that statement with the comment of something like unless circumstances come up where he needs to.

I’m sure he’ll come up with a reason why he needed to.

Like I said in a different thread, it spiked 25% when he made that comment that he was not going to sell it. It was a very nice quick ride.

 

[Xring01]

 

[Xring01]

Based on some the posts on this thread.
I personally would not base my decision to purchase this stock on Trump winning or losing the election.

Purchasing a stock with your cold hard cash, should be based on making a profit In the future, based on the fundamentals of that company and its ability to generate $$$$. Now day trading.. thats different math… which I will not go into at this time.

Trump can win the election and this stock can still go down at the same time, due to the fundamentals of of the company, PE ratios, profitablity, new customers signing on… and million other business related items…. Vice Versa if Trump loses the stock could go up…
Yes it could happen, (that could be a short term trade not an investment).

But I would never put a long term investment on this stock, unless I thought it had long term growth, making profits potential. Until I am satisfied with its business fundamentals, and several qtrs of data trending in positive directions, it not even a consideration to me.

 

[Outdrive1]

For sure he will. His comment was that he was not going to sell it when the lockout expired. But then he also qualified that statement with the comment of something like unless circumstances come up where he needs to.

I’m sure he’ll come up with a reason why he needed to.

Like I said in a different thread, it spiked 25% when he made that comment that he was not going to sell it. It was a very nice quick ride.

Current market cap is 2.4 billion. He has 60 percent of the stock. I don’t see him letting it drop much before he dumps it. He has the potential to lose 1.4 billion, even if he says he doesn’t need money.