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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 > DJT in free fall now..............
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Post by tylerreddick on Aug 13, 2024 11:06am

DJT in free fall now..............

The hype is over, and investors are looking at the fundamentals now.
With no hope of ever making a profit, this stock is destined to fall to single digits, even before Trump tries dumping his hundreds of millions of shares he got for nothing.
Simple facts.
Comment by dart321 on Aug 13, 2024 11:12am
Yes there is nothing but trump holding this stock above a buck and as his campaign free fall speeds up so will the drop in share price here. The fundimentals of this company are worse than most penny stocks.
Comment by BlackBear22 on Aug 13, 2024 11:20am
Honestly, who is going to buy the shares of this failed enterprise from Trump? But I guess that even if it goes to cash value Trump is still getting out ahead of everyone else.  Typical.
Comment by a2bman on Aug 13, 2024 11:38am
they have 300MM in cash 189MM shares out  - cash value is ~1.64 Burning almost 20MM a quarter - wont last
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