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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Technology Software - Application
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 > Volume drying up
View:
Post by BlackBear22 on Jun 11, 2024 11:18am

Volume drying up

By the looks of it, the overhead supply on this stock, not even taking the locked up shares into account, is going to weigh heavily to the downside.
The only respite will be when some of the shorts decide to close out their positions.
Maybe some minor retail buying, but no way anyone is going to make a major purchase without an exit strategy and I just don't see it.
Comment by Stocker46 on Jun 11, 2024 2:32pm
Going down fast. Maybe investors are finally beginning to realize this is nothing more than a scam. The stock is virtually worthless. Still don't understand how they managed to list it on Nasdaq or why the SEC isn't investigating ... or maybe they are.
Trump Media & Technology Group Corp