DJT: The new king of meme stocks
$4.1M in annual revenue with a net loss of $58M for 2023. And the company now has a market cap of 4.45B, over 1000 times its annual revenue ![]()
It’s no wonder $Trump Media & Technology(DJT.US$ refuses to disclose user numbers and intead spends time publishing useless letters to pander to the Trump support base.
Best of luck to those gambling on the new king of meme stocks; just know that DJT is standing on absolutely zero fundamentals ![]()
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Simon 5183 : Amazon lost money for decades and over 20 years, losing several billion dollars every year, and DJT lost no more than 58 million yuan a year.
Biden2024OP Simon 5183: Amazon “loses money” because they constantly reinvest in themselves. This is how they went from selling books to dominating e-commerce and cloud services, and it’s also why they generate the revenue equivalent of a developed country.
DJT on the other hand is only made up of Truth Social, a social network that barely anyone uses; a social network that no advertisers would ever touch with a 10ft pole. This is why they make no money, and you can be sure Trump will dump his shares as soon as his lock up period is over.
Downs Trading Biden2024OP: That or use his shares to pay bail / all fines and fees
DaytradeSwing : Sone people trade. Get over it.