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Rigetti Computing
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An “election play” is not a thing
Even if Trump wins, which is starting to look more and more unlikely, there is nothing about his victory that would make DJT a profitable company.
Maybe we’ll see a slight bump if he does win the election, but I don’t expect that bump to be anything significant. Look what happened after Trump got shot. The price went up +27%, then plummeted back down only a week later. So what exactly do bulls think an election victory is even supposed to do?
Maybe we’ll see a slight bump if he does win the election, but I don’t expect that bump to be anything significant. Look what happened after Trump got shot. The price went up +27%, then plummeted back down only a week later. So what exactly do bulls think an election victory is even supposed to do?
$Trump Media & Technology (DJT.US)$ ‘s sole business is Truth Social, a Twitter clone that was created for “free speech” because Trump got banned from Twitter. But ever since Elon Musk bought Twitter and renamed it X, X has loosened its restrictions on censorship, making Truth Social and DJT completely irrelevant. And the numbers don’t even lie: DJT reported a Q1 2024 revenue of $770k versus a net loss of -$327m.
The worst part of all is that we don’t even need to wait for the election to see the stock price plummeting. Trump’s stock sale lock-up period will end in the next few weeks. And considering Trump has a personal debt of over half a billion dollars, we can be sure that he’s going to do everything in his power to cash out on DJT to save himself.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Selling to cro magnons, all day, every day 💰
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DipHunter : It’s okay, but still people will vote for Trump.
Tonyco : Lol
only now realizing you're just exit liquidity for Trump?
he's a conman always has been
Boatboy44 : well I bought in at 16.88 now one of my bigger holding time will tell if this was a good or bad decision. I personally see a greater good in the man to help this broken economy. His track record regardless of what he does in his personally life has a hight outcome the his opponent. Only time will tell
CornpopBadDude Simon 5183 : Lil Tony has kitten owner vibes.
CornpopBadDude Brooke Talks America :
Claudius3 : we as a people are too gullible and willing to allow other human beings, with faults, to lead us, like sheep. when will we as intelligent beings realize that the power is, and always has been with us. we have brains, please, let's use them. we have an amazing instrument between our ears a thousand times more powerful than a nuclear weapon. which is more powerful, being led,or imagination?
DaytradeSwing : People trade. Get over yourself.
Simon 5183 : Really can fart.
BelleWeather : My puts from DWAC days are finally printing. Every business venture he’s touched has been a scam and or failure, so I’m confused why anyone would think DJT would be different?
miracle mantarou : I don't know if you're from the USA or not. If I, as a Japanese person, were to send a message to the USA, it would be unthinkable for someone in the middle of a legal dispute in Japan to run in a mayoral election. And on top of that, an affair? Is this Hollywood? The Republican Party, it's just not possible, right? If Trさん were to win, the trial concerning the affair cover-up issue might continue, but how much of a free country is it? The USA...
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