A Short's Dream Or Nightmare?
Let’s start by looking at the popular opinions on $Trump Media & Technology(DJT.US$ that are making the rounds.
Trump Media & Technology Group does not have the fundamentals to justify its current evaluation.
This stock is largely dependent on a single individual, Donald Trump, who is undergoing a litany of legal cases. These cases will force him to loan or sell shares of $DJT, which would likely sink the share price.
The price is current at $60.00?! Everyone will definitely sell and I’m going to make a killing on the downfall.
This is Donald Trump’s company? He wants to restore free speech? I want to be a part of this, so I’m gonna buy shares.
Donald Trump’s company just went public? This guy is the world’s #1 self-promotor & people are going to go crazy for this. I’m in.
The price is currently at $60.00?! I can get in early and in 10 years this thing will go 10x
Like everything that relates to Donald Trump. $DJT is polarizing subject. Some would relish in seeing this thing completely and utterly fail, while others hope to see this truly succeed.
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BelleWeather : I have long dated puts (after the lockup to be safe, though I’m guessing the board appointed by Trump will let him sink the stock to raise his considerable legal fees.