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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

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Trump Media & Technology Group Corp > ,,,,,,,,,,,,,,,,,,,,,,,,,Very WEIRD..................!!!!!!!

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Post by Red_Deer on Aug 12, 2024 12:34pm

,,,,,,,,,,,,,,,,,,,,,,,,,Very WEIRD..................!!!!!!!

Wonder WHAT Caused Such WEIRD Trading @ the OPENING ToDay eh ???

DJT Closed @ 26.21 Last Week

Opened @ 25.42

Then SHOT UP HUGE to the High of the Day @ 27.18

Then SANK Like a STONE to 25.42 AGAIN

ALL THIS in the FIRST 15 Minutes

WEIRD__WEIRD__WEIRD__WEIRD eh !!!!!!!

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Comment by BlackBear22 on Aug 12, 2024 1:43pm

I am not sure about this, but I thought this type of trading pattern comes from initiating short positions. The shorts climb into the market early and create their short positions on an uptick which is an SEC requirement and then as the day progresses the shares drift downward.

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