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Bullboard - Stock Discussion Forum 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... see more

NDAQ:DJT - Post Discussion

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Post by dart321 on Jun 19, 2024 2:43pm

Tomorrow

what to expect. We see the after hr trading on tuesday after this news cam out. It traded a far larger amount of paper than normal for this stock after hrs. I suspect that dumping was done by trump and the few institutions that own paper here and maybe a few insiders. The real damage is yet to come as the panic sets in as more and more paper is made avaliable to trade. One must also keep in mind the larger free tradable float is the more shorter can borrow. The blood bath is just starting. The only question remaining is how bad will it be and how quick will it happen?
Comment by dart321 on Jun 19, 2024 2:56pm
you can take it to the bank most of those 21.5 million warrants will be sold over the next week or so and you can add to this selloff the pressure from the shorters will be substantial. Anyone with any brain would sell even the magot that bought their warrant at $11.50. That is a super good profit if you can sell it above the strike price. LOL 
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