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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 25, 2024 10:32pm

Share Washing

normal 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?
Comment by a2bman on Jun 26, 2024 6:26am
It's not a pump.  Dump and his cronies are spending millions supporting this thing.  If it crashes he'll be seen as a loser.  His poor Maga will lose all their money.  He'll lose the election and and go to jail.  This is vital to their cause.  It will cost them a lot and it's money but being spent on campaigns. After the election, He'll let it ...more  
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