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Bullboard - Stock Discussion Forum 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... see more

NDAQ:DJT - Post Discussion

Trump Media & Technology Group Corp > Holding up the stock price
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Post by dealmein1523 on Apr 01, 2024 1:32pm

Holding up the stock price

I think big money will try to hold the price up 
buying in at higher price 
if suckers buy in it will go up if not then how long can they manipulate the price 
BUYER BEWARE
It a game and the guys holding the stock in the end are the losers or winners
Comment by stockwatcher7 on Apr 01, 2024 1:53pm
This post has been removed in accordance with Community Policy
Comment by dart321 on Apr 01, 2024 2:04pm
You have some idea of how it's being done but this is how it works, Trump "pledges" not loan his stock to a hedge fund that has loaned him some money ( my guess is enough to cover his bond payment in NY ) This hedge fund then shorts the stock and when the pledged trump paper becomes free trading they cover without buying a share on the market and split the proceeds at whatever the ...more  
Comment by dealmein1523 on Apr 01, 2024 2:20pm
This post has been removed in accordance with Community Policy
Comment by dart321 on Apr 01, 2024 2:39pm
Agreed, based on their financials this company is worth pennies per share not dollars. Look at todays trading volume, it's already starting to happen his fathfull are slowing fast with their buying and soon will run up against a brick wall. Don't know when it will happen but it happens to all these kind of hyped up plays. When it happens we will see a sharp drop off  not like the 15 ...more  
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