Trump Media & Technology Group Corp DJT

The company has negligible revenue and huge quarterly losses

[KozmoT]

but as logjam here pointed out they do have $200 million "in the bank" ... that translates to a share value of 67 cents assuming they can stop the losses and multiply revenue by a factor of 10 or more somehow.  Otherwise that money will just gradually disappear and shareprice will end up south of 25 cents?  a dime?

Yet its trading at $40 ... s shorters dream.

[westcoastlogger]

Yes a shorters dream.....until it becomes a nightmare. Setting themselves up for a big squeeze. Remember Gamestop ruined some short dreams bigtime in a big hurry. Better play it smart here shorts. And the more rhetoric out there about DJT stock the more well known it becomes by the minute.

[zombize]

Wtf are you even talking about? Gamestop generates 6 billion in revenue a year and is actually profitable. Djt generates *5 million* in revenue and suffered a net loss of 50 million in 2023. Even at the peak of the meme stock boom, Gamestops price to sales ratio was like 5. DJT is 1700. Not even remotely comparable. 

[westcoastlogger]

I hear you, but GME wasn't worth 480 bucks. It was worth 1/40th of that. I'm just suggesting how out of sync these ratios can become in certain circumstances. Its crazy, and don't be so angry. 

[dealmein1523]

Who you trying to kid . GameStop was pumped but it went from$80 -$13 in a matter of weeks went to $60 and steadily fell to $11. Yes shorts got burnt but the bulk of the burn came from guys like you that bought in thinking it was going to go up . Those are always the big losers . Your just putting that out there either to pump your stock and dump or your scared of losing your investment. SHORTS

[westcoastlogger]

I'm not invested here in any way. If you don't believe me I guess thats your problem. The all time high of GME hit 480 bucks is all I'm saying. Do your research.

[westcoastlogger]

483 to be precise.

[dart321]

LOL you are praying for a pipe dream. Your little investor is already in, If you had taken the time to track the trading you might understand what is happening right now and what is likely to come. The first day hand a half of trading the buy volume was substantiall more than the sell volume the second half of day two it changed to sell volume being more than buy volume, then you look at the type

[dealmein1523]

Just looked at the GME 5 yr chart on stock house It register at a high of $120 in Jan 2021 took about 6 months to get down and finally got down under  $50 later in the year where it proceeded to where it is now $11 . Early sellers made a fortune after January shorts made a killing and guess what the saps in the middle lost the most . Guys like yourself who think a crappy stock with poor

[westcoastlogger]

Search Gamestop and ask 'alltime high.' I'm not invested here in any way. I bought 3000 shares in June at 13 and sold them at 50 a week or so ago. I'm on the sidelines for now so save the tendons in your fingers tapping out hateful messages on your keyboard. I'm a Conservative that likes Trump politics. Big deal. 

[KozmoT]

you suggest shorters of DJT will be in trouble - a stock with negligible revenue, $50+ M annual loss, a 67 cent valuation but is trading at $40 ... care to elaborate on how shorters might be in trouble here?  This should be good...

[westcoastlogger]

Same way shorters were in trouble at Gamestop. Its called a short squeeze and at that time in 2021 it was partly fueled by tweets by Elon Musk and a Reddit forum fueling hate for shorts. Buyers that hated shorts ganged up and sent the stock to an intraday high pf 483 bucks on Jan27/21. It briefly touched over 500 bucks in off hours trading. Here's a good idea for you if your capable of doing

[dealmein1523]

Agreed shorts had to bear the lossduring  the spurt to the top but you fail to understand is the majority of the loss was the guys that bought when the shorts covered . Everyone that bought after the shorts covered lost. The stock is now at $11 shorts have made a ton since then .ultimately the losers are guys like you buying on a hope and a prayer . Exactly what's happening with this

[tylerreddick]

I thought DWAC had $300 million? Did Trump already take $100 million to pay his lawyers?