Trump Media & Technology Group Corp DJT

Astonishing Trading Volume!

[rockminer56]

Almost 50,000,000 (fifty million) share traded in the last 3 trading days.   Is my arithmetic right in calculating that over ONE BILLION DOLLARS  OF THIS WALLPAPER HAS CHANGED HANDS, for real money....
   
Who on earth, that cant count ....cant analyse....cant rationalize...cant think.cant identify an advisor .. has that kind of money that could be invested in this stuff????

[dart321]

LOL, this was not true trading the trading today was wash trading which caused the 15% or so of real buying to chase the stock. This is what a pump and dump crew is hired for I know, I was on one of these crews in the 1990's. Look for contimued wash trading until all warrants are exercised then and only then will the daily trading volumes drop back to normal. In september this will happen

[Stocker46]

Bank of America ($40) traded about 28 m shares vs DJT (at $35) 22 m shares. BofA have almost 8 billion shares & a current EPS just under $3. DJT have 176 m shares & are losing close to $2 per share. This should be an embarrassment to Nasdaq & the SEC. Why is this company not under investigation?

[rockminer56]

Isnt this illegal in the US.?    I know that it is in Canada.

[quesea]

Yes, eggzactly correct.  with this djt stuff it's probably 90~95% wash.