Shares of Donald Trump's media and technology company, Trump Media & Technology Group (DJT.O), rose over 9.61% on Friday after it asked the Nasdaq exchange to help prevent alleged market manipulation in its shares by so-called "naked" short sellers. The company disclosed this in a Friday filing with the Securities and Exchange Commission.
In the letter to Nasdaq...
Former President Donald Trump's foray into social media, Truth Social ( NASDAQ:DJT ), faced a significant setback as its parent company, Trump Media & Technology Group Corp., ( NASDAQ:DJT ) registered shares for potential resale. This move sent shockwaves through the market, with the company's stock plunging by as much as 20%.
The registration includes shares...
In a dramatic turn of events, shares of Donald Trump's media and technology ( NASDAQ:DJT )venture took a nosedive on Monday, plunging as much as 12% and exacerbating a relentless downtrend that has significantly diminished the value of his stake in the operator of Truth Social to a mere $2.9 billion.
Since its much-hyped debut in late March, Trump Media &...
If Elon Musk doesn`t buy Twitter, that doesn`t mean he`s affiliated with Truth Social.
If you haven bought DWAC they announced the merger:
or short it at $55:
then this rally today seems to me the perfect opportunity to buy $10 puts expiring early 2023.
Not because i don`t believe in the project, but because it`s overvalued at this point.
The market cap...
I first bough DWAC at $12:
Thinking that Truth Social will take some market capitalization from Twitter and Facebook:
But since Elon Musk wants and most likely Will buy Twitter and enable true free speech on the platform, where Donald Trump won`t get banned that easily, then what is the purpose of DWAC (Truth Social and the rest) anyways???
Ok, let`s say it`s...
Truth Social was released in App Store on Presidents Day, like expected:
If you haven`t bought it when the merger was announced:
Or see this comparison:
Then you should know that $110 is my price target!
