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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 > Quick short and a long short
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Post by dart321 on Jun 12, 2024 10:10am

Quick short and a long short

The first quick short was a huge the largest I have ever had. Shorted as the stock started to drop when it first came out, made a killing on that one now it's the quick shorts time.
Comment by dart321 on Jun 12, 2024 10:41am
The question now is, when should one go on a long short? Do I wait a bit to see if they can pump this up more or should I begin the short today. Just covered a long short on Tesla yesterday and sold my Nvida today which I have held since sept 1st 1022. So do I use these two windfall wins and put it all to work here as a short or do I wait a bit, hmm what to do,what to do. We know trump will keep ...more  
Comment by a2bman on Jun 12, 2024 10:49am
dart what are the borrow rates your paying?  I thought it was like 200%
Comment by dart321 on Jun 12, 2024 11:00am
If you need the coverage yes I believe the borrowing costs are that substantial. If you don't need the coverage assets then the only fee paid is the brokerage stock borrowing costs ( the small fee paid to the lending brokerage ) which are anywhere from 3% to 5%. My personal short ratio is 20 to 1, mind you that is just me I refuse using other peoples money it can get you in trouble very quick.
Comment by dart321 on Jun 12, 2024 11:26am
It would be my guess 95% of all non institutional shorts pay a very large fee to insure the lender gets their money if something goes wrong, the other 5% are those that can show the lending broker the person shorting has enough assets to cover any possibility and those funds will be kept in a dedacated account. Most personal people use other peoples money hence the huge costs to short at times. It ...more  
Comment by westcoastlogger on Jun 12, 2024 11:58am
I think your full of prunes. First off about shorting here. Your shorting nothing and making nothing. Secondly you say you sold NVDA and TSLA for huge windfalls. Looking at your posting history I see not one bit of evidence of Nvidia or Tesla anywhere. I see evidence of that chronic old loser pot stock WEED and a couple other no-names but certainly no NVDA and TSLA. I think all you are is just a ...more  
Comment by KozmoT on Jun 12, 2024 12:07pm
Um, wetlog ... the same applies to you and your bs about getting a "hot stock tip" and buying loads of this but only ever posting about it after it started trading and had gone up ...  but thanks for the laff, are you the pot ot the kettle?
Comment by BlackBear22 on Jun 12, 2024 12:58pm
No. I posted two stock related questions to Vern, looking for a reasoned response and got none.
Comment by VeritasVern on Jun 12, 2024 4:07pm
BlackBear I haven't been on this bullboard for a few days. If I recall you asked about this stock and if the sp reflected value? If you read my earlier posts I said that this stock is too volatile for me to consider at this point if at all. In terms of EPS yes its low and another reason to be cautious but that both FB early on and Tesla both had and have very low EPS as well. No one is forced ...more  
Comment by a2bman on Jun 12, 2024 4:16pm
ViagraVern only comes in when the price is up.  He doesn't realize it's just this week's shorts covering.  When he finally sees it's one step forward to steps back it will be to late to save him
Comment by VeritasVern on Jun 13, 2024 9:59am
So want-2baman one day. I've said the stock is too volatile, high priced and I have no holdings but watching for now...Please tells us then - what position do you have on this stock, if any and are you too chicken shlt to short? 
Comment by a2bman on Jun 13, 2024 11:40am
PUT DJT 2026JAN16 30.00
Comment by a2bman on Jun 13, 2024 11:46am
it wasnt cheap but this thing will be delisted or less than a buck by then
Comment by AndrewWiggin on Jun 13, 2024 12:09pm
Finally someone gets it.  DJT is incredibly difficult to short so puts are the way to go and looking at the premiums for calls and puts, it's obvious that there is far greater demand for puts than for calls.
Comment by a2bman on Jun 13, 2024 12:31pm
For sure AW.  But this shite is expensive.  My break even is like 10 bucks. But I got a year and a half
Comment by VeritasVern on Jun 13, 2024 12:50pm
Little girl, so you think a $30 put that is trading at a premium of $30 is the ticket? $30 for the is equal to 75% of the stock price which seems like a lot of cash for a $40 stock. good luck with that one
Comment by a2bman on Jun 13, 2024 3:03pm
Viagra doesn't even know how options work.  Bahahaha.
Comment by VeritasVern on Jun 13, 2024 3:38pm
Sure Girly, I know all about puts, since I have used them in past. Granted I got the price wrong when I took a quick look so it last traded at $17.50. All I can say Girly is its clear you are trading mostly on hatred and little on brains. Quite frankly I couldn't care less if this stock traded at $100 or down to $20. 
Comment by a2bman on Jun 13, 2024 5:51pm
$20? This thing isn't worth .20. That's what I trade on.  I certainly don't trade on emotions like cult followers
Comment by VeritasVern on Jun 13, 2024 7:27pm
There is no cult, 77 million people voted for him.. Your trading is fueled by Trump Derangement Syndrome (TDS), he lives in a deep dark place inside your head
Comment by a2bman on Jun 14, 2024 7:26am
Exactly what a cultist would say.
Comment by VeritasVern on Jun 14, 2024 10:18am
Little Girly is a cultist for a demented criminal in the White House who has lost his ability to speak. Anyone supporting that is a cultist.  
Comment by a2bman on Jun 14, 2024 10:23am
Viagra you get angry when your losing money.  You were warned, this isnt a kids game.
Comment by VeritasVern on Jun 14, 2024 10:43am
Poor Girly can't remember what I stated several times...I don't own any positions on this stock nor am I thinking of doing so as this stock is too volatile. Thanks for the warning Einstein, I think the risks are clear for most. Perhaps you are having some of the same cognitive issues as your Godly one?
Comment by a2bman on Jun 14, 2024 10:50am
yea we believe you magats never lie
Comment by VeritasVern on Jun 14, 2024 11:01am
Sure Girly like I have anything to hide from anyone on stockhouse...lolol. But given you have a put option, do let us know when you close out the position...and not long after the fact. So why Jan 2026, you are paying a lot of time value for something that is going bust by year end right??
Comment by Nailbiter2 on Jun 14, 2024 10:30am
This post has been removed in accordance with Community Policy
Comment by tylerreddick on Jun 14, 2024 7:48am
This post has been removed in accordance with Community Policy
Comment by tylerreddick on Jun 14, 2024 9:18am
It is really sad that this kind of political garbage is allowed to stay up, but god forbid anyone complain about it, as your "abuse" report will be ignored, and any response posted here will be very quickly removed. Stockhouse is run by MAGA I guess?
Comment by a2bman on Jun 14, 2024 9:54am
TD, on anyother stock I would agree, but nobody on djt boards needs to discuss anything with merit.  The stock has no merit.  Theres nothing to gain about dicsussing this POS in any meaningful way.  We all know its worth .20    so what are we left with, some tree stumps and a viagra addict
Comment by VeritasVern on Jun 14, 2024 10:15am
Sure Tiered-ddick, but lets ignore the political hate spewed by the anti Trumpers right???
Comment by tylerreddick on Jun 14, 2024 10:58am
Ahhh, but that "hate" is based on Trump being a pathological liar, a sex-offender, a convicted felon, a traitor, and a danger to the world.
Comment by BlackBear22 on Jun 17, 2024 1:23pm
VV, I agree with your take on volatility which I think in great part is due to an unrealistic valuation.  Way too many whipsaws for my liking and totally unrelated to market trends. I would like to know your take on the potential for influence peddling if or when DT put some of his shares for sale after the lockup. BB
Comment by KozmoT on Jun 12, 2024 10:43am
Me too !!!  
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