How Can Truth Social be worth $6 Billion? {Trump Media & Technology (DJT)}

Hopefully a trap door.

Closed at $10.29.

The key number is $9.97. That was what the opening number was for the IPO and then jumped up to $94.

Well that explains a lot…

Got within 25 cents of that today.

Weird big jump happening. Opened today at $12.71, has reached as high as $14.60, and is currently at $13.96, a 33 percent increase.

Probably related to this merger announcement:

Well gosh, there’s another winning investment opportunity. Now if they could both merge with a flying car company…

A self-driving flying car.

A fusion-powered, LLM-driven, flying car

Apparently, they have read your mind and released already developed a prototype:

In a DeLorean!?!

The excitement of merging with a fusion firm seems to be fading.

And still bouncing around down there, having peaked at just over $16 on the 19th after the announcement. Currently at $12.76.

Hm. The year of four Popes.

Huge drop today - from $12.12 to $10.89 (and further dropping after closing). A drop considerably smaller than today’s will put the stock at below its original price.

Yeah, I am having a hard time understanding why the stock valuation is only now starting to decrease (new low today in the $10 range). Nothing has changed. Trump is the same as ever. Maybe you can only lose money long enough before people begin to notice.

Potentially days away from breaking the 52 week low.

Why sinking now? My WAG: Trump is a lame duck with sinking poll numbers and deteriorating health. When he’s gone, by whatever means, Truth Social will be worthless and implode. Might as well cut one’s losses before one’s entire investment evaporates. So sell for whatever one can get.

It is not the first time I ask this in this thread: How can it be shorted? When, if not now?