Trump Media & Technology Group Corp DJT

Communication Services

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal relationship, enhancing the ability of its users to reach a broad audience. Its brands consist of Truth Social, TMTG+, and TMTG News. TMTG is also engaged in operates a TV streaming platform, Truth+, across the entire Truth Social platform-iOS, Android, and the Web. The streaming service relies on TMTG's custom-built content delivery network (CDN), which operates through a newly opened data center as the Company works to bring additional data centers into operation. TMTG's streaming technology is powered through specially designed infrastructure with its own servers, routers, and software stack.

NDAQ:DJT - Post by User

Trump Media & Technology Group Corp > ,,,,,,,,,,,,,,,,,,,,,,,,,Very WEIRD..................!!!!!!!

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Comment by BlackBear22on Aug 12, 2024 1:43pm

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RE:,,,,,,,,,,,,,,,,,,,,,,,,,Very WEIRD..................!!!!!!!

I am not sure about this, but I thought this type of trading pattern comes from initiating short positions. The shorts climb into the market early and create their short positions on an uptick which is an SEC requirement and then as the day progresses the shares drift downward.

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