RE:This a meme stockAs a meme stock, it is people who know nothing about the stock market who bid up the price, and panic when it falls, all because they have no idea what they are doing.
And it is also a magnet for people on the internet chat sites, such as Stockhouse, to talk up the stock with totally unrelated political comment, and some falsehoods as well. We see such an example here, every single day.
So be careful what you believe, as there are a lot of people out there who don't have your best interests in mind.
As for this stock, DJT itself, the fundamentals point to a value of $1 or so, based on their cash position, the rest is just the "meme premium", as their future revenue stream is in question, and they are not making money, possibly never will.