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.

Edited August 12 by shdmn

[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 :

 

Edited August 12 by tgw

[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! 😀

Edited August 21 by candide

[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.

Edited August 21 by Danderman123

[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.