DJT Stock Price Is Tanking

[Terrance8812]

The financial markets are clearly pricing in a Trump ticket loss at this point for the upcoming November election.
 

The DJT stock price has been steadily falling, which started in July, just before Harris announced her run for the presidency. Since then, DJT has lost about 40% of its share value.

 

The markets usually have a pretty solid feel for these things. See the one month chart below. 
 

[placeholder]

2 hours ago, Terrance8812 said:

The financial markets are clearly pricing in a Trump ticket loss at this point for the upcoming November election.
 

The DJT stock price has been steadily falling, which started in July, just before Harris announced her run for the presidency. Since then, DJT has lost about 40% of its share value.

 

The markets usually have a pretty solid feel for these things. See the one month chart below. 
 

I don't think it's just about that. It's also the fact that he's about to be interviewed on X by Elon Musk. What does Trump care about betraying his shareholders? Given the dismal prospects for Truth Social, what choice does Trump have but to go to a social media company that actually has a substantial number of active subscribers.

[shdmn]

It's not really a stock.  More like a thinly veiled bribe mechanism.

 

5 billion market cap and less revenue than a coffee shop.  It's pretty obvious what is going on.

[Terrance8812]

The significance here is not whether the company is, and always was, a worthless shell game. It is, of course worthless, but the take away is that the market at one time was speculating that Trump would win the presidency and that the value of his social media platform would then increase as a result. That's why the share price had shot up so high when Biden started losing against Trump in the early polls. Now that notion has come and gone and the market is viewing Trump as a loser in the newly cast presidential race against Harris. That's why the stock price is tanking. Prospects of his social media platform becoming more popular are fading. And the market most likely has got it just right. 

[tgw]

2 hours ago, placeholder said:

I don't think it's just about that. It's also the fact that he's about to be interviewed on X by Elon Musk. What does Trump care about betraying his shareholders? Given the dismal prospects for Truth Social, what choice does Trump have but to go to a social media company that actually has a substantial number of active subscribers.

 

A propos X, for all monty python fans :

 

[bamnutsak]

Trump's return to posting on Twitter, after a nearly year-long absence, probably contributed to further erosion in this meme-stock.

 

He's probably hoping to gin up some of that old magic.

[Danderman123]

Any Trumpers here admit to owning this stock?

[Danderman123]

When the stock price tanked, Trump's backers would throw money at the stock, to revive it.

 

So far, with Trump's loss fairly obvious, there isn't much of an upside in further investment in Trump 

[maesariang]

Shares are worth a $1

[Danderman123]

Low volume for this stock = price go down. 

 

High volume = Trump backers throwing money at the stock, and price goes up.

 

The stock still has a $4 billion valuation, so Trump gets 57% of that when he cashes out. The problem is, if he puts in a significant sale order, the stock goes under $1.

[placeholder]

14 minutes ago, Danderman123 said:

Low volume for this stock = price go down. 

 

High volume = Trump backers throwing money at the stock, and price goes up.

 

The stock still has a $4 billion valuation, so Trump gets 57% of that when he cashes out. The problem is, if he puts in a significant sale order, the stock goes under $1.

And lots of owners of those stocks, who were paid by Truth Social  with stock rather than cash, most likely will cash out once the 6 month waiting period expires in September.  It's hard to see how this sad Twitter knockoff isn't doomed.

[Danderman123]

1 minute ago, placeholder said:

And lots of owners of those stocks, who were paid by Truth Social  with stock rather than cash, most likely will cash out once the 6 month waiting period expires in September.  It's hard to see how this sad Twitter knockoff isn't doomed.

If I held more than a single share of this stock, I would certainly sell before the waiting period ends.

[earlinclaifornia]

$21.42

[candide]

It looks like his supporters have been grifted again.

Well, at least they can still invest in those distinguished golden DT sneakers! 😀

[Danderman123]

15 minutes ago, candide said:

It looks like his supporters have been drifted again.

Well, at least they can still invest in those distinguished golden DT sneakers! 😀

I don't think any Trump supporters here have admitted to buying his stock.

 

Or making a donation to Trump, for that matter. Foreigners cannot donate to US political campaigns. And most, if not all, of the Trump fans here are foreigners.

[Danderman123]

And now, DJT has high volume as Trump backers are throwing money at the stock.

 

 

[maesariang]

7 hours ago, Danderman123 said:

I don't think any Trump supporters here have admitted to buying his stock.

 

Or making a donation to Trump, for that matter. Foreigners cannot donate to US political campaigns. And most, if not all, of the Trump fans here are foreigners.

How much did you give to Harris? You are her no 1 fan.

[maesariang]

30 minutes ago, Danderman123 said:

And now, DJT has high volume as Trump backers are throwing money at the stock.

 

 

Stock price going up and down. Amazing. Never seen that before. Thanks for the great insights.

[Yellowtail]

Still tanking: 

 

 

[illisdean]

Certainly wish my stocks "tanked" like this: Trump now realizing YTD increase of 71%. DJT stock price may climb exponentially when election results are finalized. 

Market watch link DJT ticker

 

 

 

[placeholder]

9 minutes ago, illisdean said:

Certainly wish my stocks "tanked" like this: Trump now realizing YTD increase of 71%. DJT stock price may climb exponentially when election results are finalized. 

Market watch link DJT ticker

 

 

 

WThat's because DJT is what is called a meme stock. It's valuation has little to do with its financial prospects which are clearly dismal. It's an X wannabe. That a company's worth depends on whether or not its chief shareholder becomes President, show what a dismal investment it really is.

[illisdean]

24 minutes ago, placeholder said:

what a dismal investment it really is

71% increase YTD, is dismal u say....LOL

 

Gaslighting yourself into oblivion again. 

 

Return to your dormant state, and resume the fetal position.

[placeholder]

19 minutes ago, illisdean said:

71% increase YTD, is dismal u say....LOL

 

Gaslighting yourself into oblivion again. 

 

Return to your dormant state, and resume the fetal position.

You clearly don't have even a basic understanding of how the stock market works. DJT didn't start trading openly until Mar 26. Here's where it stood on Mar 25

And here's where it closed on Mar 26, 2024

 

https://www.google.com/search?q=djt+stock+price&oq=djt+stock+price&gs_lcrp=EgZjaHJvbWUqBggAEEUYOzIGCAAQRRg7MgYIARBFGDsyBggCEEUYPDIGCAMQRRg80gEIMzYxOGowajSoAgCwAgE&sourceid=chrome&ie=UTF-8

[illisdean]

Oh look...it tanked ....DJT shares up 201% since inception.

You really get a humongous telling hate on, full of rage when confronted by and witnessing Trumps immense success in any endeavor he undertakes. it's so blatant,... you get totally irked by Trumps success's. 

What are you going to do when he wins the election next month?  LOL

 

Think of the profit if you had a chance to get in early on this stock! 

 

 

Marketwatch DJT

[placeholder]

15 minutes ago, illisdean said:

Oh look...it tanked ....DJT shares up 201% since inception.

You really get a humongous telling hate on, full of rage when confronted by and witnessing Trumps immense success in any endeavor he undertakes. it's so blatant,... you get totally irked by Trumps success's. 

What are you going to do when he wins the election next month?  LOL

 

Think of the profit if you had a chance to get in early on this stock! 

 

 

Marketwatch DJT

That would be almost almost entirely before it was even possible for the general public to buy the stock. And of course, anyone who judges a company's success by its stock performance alone, clearly hasn't a clear about capitalism. Not only is Truth Social actually declining in user participation, but its revenue is virtually nil. Maybe this is why the company doesn't publish the kind of standard metrics that internet businesses that have nothing to hide do. And as has been pointed out often in the media, a single outlet of some Chick Fil-A stores take in more revenue than does Truth Social.

[illisdean]

Oh, look at this, DJT 5 day chart: share price of DJT increased >62%....in 5 days! I can certainly understand that and this awesome win for Trump DJT should make you happy... AGAIN. Trumps rockin out on the NASDAQ and at MSG next week. Big rally, your loser left comrades calling Trump nazi, hitler for renting MSG. Pathetic.

 

Here's the 5 day chart for DJT--Enjoy! 

 

 

DJT 5 day chart

[pattayasan]

On 10/15/2024 at 6:15 PM, illisdean said:

Oh, look at this, DJT 5 day chart: share price of DJT increased >62%....in 5 days! I can certainly understand that and this awesome win for Trump DJT should make you happy... AGAIN. Trumps rockin out on the NASDAQ and at MSG next week. Big rally, your loser left comrades calling Trump nazi, hitler for renting MSG. Pathetic.

 

Here's the 5 day chart for DJT--Enjoy! 

 

 

DJT 5 day chart

 

 

Down 11.7% yesterday and going down again today. I thought they might rlly into the election but it seems not.

[impulse]

Today's update:

 

Truth Social is a 3 years old tech startup.

It’s worth $5.4 billion.

If you (a venture capitalist) had done a $1m on $10m post seed round, you would be sitting on $500m+ in gains and a 714% IRR.

This is why VCs should NEVER pass on founders based on political views.

— John Coogan

 

DJT’s shares skyrocketed over 200% in October, The New York Post reported.

 

https://dailycaller.com/2024/11/04/truth-social-donald-trump-stock-election-day-net-worth/

 

 

[Yellowtail]

On 11/1/2024 at 8:29 PM, pattayasan said:

 

 

Down 11.7% yesterday and going down again today. I thought they might rlly into the election but it seems not.

Up over 12% today...

[Cryingdick]

It is up around 37% premarket. This is going to be the mother of all short squeezes. I can only imagine some depressed lib type trying to panic buy to cover.