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Trump Media & Technology Group Corp DJT

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

Comment by dart321on Sep 25, 2024 9:51am
47 Views
Post# 36240001

RE:RE:RE:Looks like a bump up at the open

RE:RE:RE:Looks like a bump up at the openThe pump is on I wouldn't expect the rug to be pulled until they run out of cash. If we apply the norms for a pump 10% of the total dollars traded in a day is usually the cost of the pump for that day/ I think the question is how log can they keep the pump up? It would be my guess they would have to trade 1.4 billion shares in order for all the insiders to dump all their FREE shares and at the present pump rate that woyld take 14 weeks. I don't think they have that much cash so in my opnion they keep the pump up until trump is out then I suspect this will drop to real asset valuations as per their financials'
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