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Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. is a social media and technology-focused company. The Company’s social media platform, TruthSocial, provides an outlet outside of Big Tech that encourages open global conversation without discriminating against political ideology. The Company is also focused on developing a subscription-based video streaming service, TMTG+, which intends to include access to non-woke entertainment, news, documentaries, podcasts and more.


NDAQ:DJT - Post by User

Post by dart321on Jun 25, 2024 10:32pm
78 Views
Post# 36106256

Share Washing

Share Washingnormal costs to bring a pump crew on to wash a stock while something is sold off such as warrants will cost the company that has hired the pump crew aprox 20% of total cash taken in by the company. and total volumes washed by the pump crew will be aprox 5 times the number of shares being sold off. Once the selloff is complete the trading volumes will return to normal. Once the pump here is over the float will be 53% larger, a much larger float to borrow from for the shorters Can you imagin the size of the wash job needed in September?
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