Trump Media & Technology Group Corp DJT

Something funny

[a2bman]

Morningstar

Trump Media & Technology Group Corp 6/25/2024

Jun 25, 2024

Rating

Star rating 3 out of 3 stars

Last updated Jun 25, 2024

Price Target

49.63 U

Last updated Jun 25, 2024

[tylerreddick]

So much for Morningstar's credibility, no "stars" for them.

[Moemoney42]

Yup they probably own some of that toilet paper and want to unload it..!  LOL..

[dart321]

Morning star rates penny stocks,lol how can you rate something that has little to no sales, little to no assets. I guess that's why they rated this penny pump.

[KozmoT]

What would be really funny is if they posted their detailed analysis of the company and how they came to that comical valuation ... of course there isn't a chance they would do such a thing because its literally, mathematically impossible. They've been bought and paid for to say that.

[a2bman]

They do its a joke, heres part of it Business Description Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against

[a2bman]

The funny part out load.  we find these ratings are principally driven by its revenue and enterprise value-to-market value ratio

[KozmoT]

Its alsmost as if they were talking about a completely different company or using some bizarre custom made analysis ... case in point the following gems LOL... "The stock has been trading between a 45.73% and 12.72% discount to its quantitative fair value over the past year. "   "The main driver of the company's valuation and uncertainty is its volatility. "

[BlackBear22]

I doubt that any fundamental financial information has been used to create these statements.  Purely built from the stock trading data and no telling how far back they are reaching.

[a2bman]

The entire main stream media on DJT all seem to be completely ignorant of basic fundmentals.   Its like everyone is afraid to upset the angry orangutan in case he wins.  Spineless journailsm 

[BlackBear22]

I would think these stock reports are AI generated from stock trading data only.  Especially in the case of DJT because so little fundamental information has been provided.