Short DJT?

[Anonymous]

True MAGA believers aren't giving as much as they used to but by investing they can support their guy and still maybe get their money back. Is this an obvious short?

[Anonymous]

If you look at the numbers and compare it to the stock price, it would seem so, but who are we to guess?

[Anonymous]

Too much volatility. Probably some weird shenanigans going on.

"The market can stay irrational longer than you can stay solvent." - Keynes

[Anonymous]

Foreign sovereign wealth will prop this thing up, effective way to curry influence with few direct transactions.

Yass (lead investor in DJT) is apparently making a play for the U.S. version of TikTok once it gets severed from Chinese-owned parent company. That seems to be the long-game here.

[Anonymous]

Easiest $20k I ever made. That and the vaccine are the only 2 useful things Trump has done.

[Anonymous]

Time for the SDJT LETF

[Anonymous]

Anonymous wrote:Foreign sovereign wealth will prop this thing up, effective way to curry influence with few direct transactions.

Yass (lead investor in DJT) is apparently making a play for the U.S. version of TikTok once it gets severed from Chinese-owned parent company. That seems to be the long-game here.

Sh*t. Sword of Damocles. How can this guy even think beyond his next breath?

[Anonymous]

As we leaned from GameStop, shorting a stock with lots of retail investor interest can lead to huge, theoretically infinite losses.

In the meantime, Trump’s personal holdings of 78.5 million shares are worth $1.8 billion more than they were yesterday. Wow.

[Anonymous]

And again: like everything else Trump touches, this will go straight in the crapper. The last time Trump run a publicly traded company, he went bankrupt operating casinos.

Casinos.

[Anonymous]

Anonymous wrote:As we leaned from GameStop, shorting a stock with lots of retail investor interest can lead to huge, theoretically infinite losses.

In the meantime, Trump’s personal holdings of 78.5 million shares are worth $1.8 billion more than they were yesterday. Wow.

This is the correct answer.

[Anonymous]

^^People are buying the stock for pragmatic reasons, not to support Trump, although I'm sure his supporters are buying it too.

[Anonymous]

Anonymous wrote:^^People are buying the stock for pragmatic reasons, not to support Trump, although I'm sure his supporters are buying it too.

What possible pragmatic reason is there to buy a stock at these levels that loses $50M a year with no prospects to improve on that number?

[Anonymous]

Anonymous wrote:

Anonymous wrote:^^People are buying the stock for pragmatic reasons, not to support Trump, although I'm sure his supporters are buying it too.

What possible pragmatic reason is there to buy a stock at these levels that loses $50M a year with no prospects to improve on that number?

Pump and dump. Institutional investors will bail out soon.

[Anonymous]

Anonymous wrote:

Anonymous wrote:^^People are buying the stock for pragmatic reasons, not to support Trump, although I'm sure his supporters are buying it too.

What possible pragmatic reason is there to buy a stock at these levels that loses $50M a year with no prospects to improve on that number?

Did you read the poster above who just walked away with $20K?

[Anonymous]

Anonymous wrote:

Anonymous wrote:^^People are buying the stock for pragmatic reasons, not to support Trump, although I'm sure his supporters are buying it too.

What possible pragmatic reason is there to buy a stock at these levels that loses $50M a year with no prospects to improve on that number?

Pie in the sky stocks fly all the time. They also crash. Usually both. You can make money on the way up and down and that is your best bet because there is no viable enterprise here. It does not and will not make money ever,