Too many people here are saying "Short! Sell!" not because they necessarily see issues with fundamentals. It's because you blindlyhate the man, and you're trading emotionally.
So here's what I'm going to do: Hold, wait for the short squeeze which will happen by November, and make money off y'alls panic.
Say what you want, but it remains that emotional traders are ripe to take advantage of. Thanks in advance ☺️
$Trump Media & Technology (DJT.US)$
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Andrea Connally
:
we see the fundamentals. 800k in revenue with a 4 billion valuation. A negative EPS. User data is low, and decreasing. They have a very limited source of ad revenue, on boarding requirements scare people away. But nope we don't look at fundamentals at all. Had to use a SPAC because they wouldn't get approved for an IPO. The success of SPACs is pretty much zero. On average, all SPACs are only valued at 43% of its initial price (mid-Aug 2024). Thats down from 67% in Aug of 2023.
DazzlerAus
:
No problem with fundamentals are you kidding in an election year for trump revenue is falling fast with a tiny revenue and massive market cap - there are literally zero fundamentals - on true fundamentals it's worth $5 tops
Ken Griffin Charity
:
You know you’re done when you’re investing in a Twitter for rednecks social media platform and your sole bullish thesis is the upcoming election, which has zero direct impact on DJT’s operations
Simon 5183
:
After amazon stocks went public, they continued to lose money for over 20 years until the third quarter of 2015 when they finally turned a profit. Can you please tell me which company was profitable from the beginning? Furthermore, currently 70% of the companies listed on the stock market in the USA are operating at a loss!
Ken Griffin Charity
Simon 5183
:
This is a meaningless comparison. DJT only has one product: Truth Social. It was created by Trump and his cronies because they felt that Twitter was heavy on the censorship. But now that Elon Musk has taken over Twitter and turned it into a “freedom of speech” platform, Truth Social has zero relevance. It is a complete clone of Twitter, but with much fewer users and no ad revenue. There is no growth potential to be found in the company, and the numbers don’t lie: Q1 $770k revenue is absolutely pathetic.
Simon 5183
Ken Griffin Charity
:
Everything has two sides, you only mentioned the negative side, but deliberately did not describe the positive side. What would be different if Donald Trump is elected as President on November 5th?
Ken Griffin Charity
Simon 5183
:
There is no positive side. Trump has no direct connection to DJT. Even if he wins the upcoming election, this company would remain unchanged.
Andrea Connally : we see the fundamentals. 800k in revenue with a 4 billion valuation. A negative EPS. User data is low, and decreasing. They have a very limited source of ad revenue, on boarding requirements scare people away. But nope we don't look at fundamentals at all. Had to use a SPAC because they wouldn't get approved for an IPO. The success of SPACs is pretty much zero. On average, all SPACs are only valued at 43% of its initial price (mid-Aug 2024). Thats down from 67% in Aug of 2023.
DazzlerAus : No problem with fundamentals are you kidding in an election year for trump revenue is falling fast with a tiny revenue and massive market cap - there are literally zero fundamentals - on true fundamentals it's worth $5 tops
Ken Griffin Charity : You know you’re done when you’re investing in a Twitter for rednecks social media platform and your sole bullish thesis is the upcoming election, which has zero direct impact on DJT’s operations
Simon 5183 : After amazon stocks went public, they continued to lose money for over 20 years until the third quarter of 2015 when they finally turned a profit. Can you please tell me which company was profitable from the beginning? Furthermore, currently 70% of the companies listed on the stock market in the USA are operating at a loss!
Ken Griffin Charity Simon 5183 : This is a meaningless comparison. DJT only has one product: Truth Social. It was created by Trump and his cronies because they felt that Twitter was heavy on the censorship. But now that Elon Musk has taken over Twitter and turned it into a “freedom of speech” platform, Truth Social has zero relevance. It is a complete clone of Twitter, but with much fewer users and no ad revenue. There is no growth potential to be found in the company, and the numbers don’t lie: Q1 $770k revenue is absolutely pathetic.
Simon 5183 Ken Griffin Charity : Everything has two sides, you only mentioned the negative side, but deliberately did not describe the positive side. What would be different if Donald Trump is elected as President on November 5th?
Ken Griffin Charity Simon 5183 : There is no positive side. Trump has no direct connection to DJT. Even if he wins the upcoming election, this company would remain unchanged.
Simon 5183 Ken Griffin Charity : The argument goes against one's heart