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Started By
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Did any of you market players sell short DJT stock shares last week?
Posted on 4/1/24 at 1:08 pm
Posted on 4/1/24 at 1:08 pm
Don't be in a hurry to buy back.
4
Posted on 4/1/24 at 1:11 pm to TheShmoo
quote:
Did any of you market players sell short DJT
I short most things that run up. I shorted AMZN today via put spreads. I shorted CWRD. ETC.
I'm sure you feel like you are making a point, but all stocks go up and down.
Posted on 4/1/24 at 1:22 pm to BCreed1
quote:
all stocks go up and down.
Especially IPOs.
Posted on 4/1/24 at 1:40 pm to TheShmoo
quote:I tried but it was impossible. I use Schwab and they put up a notice that there were no shares of DJT available to be borrowed for short sellers.
Did any of you market players sell short DJT stock shares last week?
Posted on 4/1/24 at 1:47 pm to BCreed1
quote:
I'm sure you feel like you are making a point, but all stocks go up and down.
I'm guessing the point is sticking the cultist's nose in it after they were crowing about it going up so much after the IPO.
Down 22% today after reporting a loss of over $50 million for 2023.
Posted on 4/1/24 at 1:49 pm to GhostOfFreedom
DJTs IPO was $14
#stillwinning
#stillwinning
Posted on 4/1/24 at 1:52 pm to BuckyCheese
quote:The reason the stock is down so much today is that in the release of DJT's quarterly financial results the company's auditor included a "going concern" warning.
Down 22% today after reporting a loss of over $50 million for 2023.
quote:
The filing includes a note from an independent accounting firm, Colorado-based BF Borgers CPA PC, warning that Trump Media's "operating losses raise substantial doubt about its ability to continue as a going concern."
Posted on 4/1/24 at 1:54 pm to LSURussian
quote:The implied borrow rates in the options market were insane. It was like $6 to short it for a week.
I tried but it was impossible. I use Schwab and they put up a notice that there were no shares of DJT available to be borrowed for short sellers.
Posted on 4/1/24 at 1:56 pm to LSURussian
Reddit is down $20 from it's high closing price on the 26th.
Posted on 4/1/24 at 2:00 pm to TheShmoo
If anyone has stock sell it before the end of August. Trump can’t sell his stock for another 6 months and when/if he does the stock will tank and there is a good chance it goes bankrupt if he sells. He owns 60% of the stock in Truth and if he sold it could minimize his loss.
This post was edited on 4/1/24 at 3:21 pm
Posted on 4/1/24 at 2:04 pm to LSURussian
quote:
The reason the stock is down so much today is that in the release of DJT's quarterly financial results the company's auditor included a "going concern" warning.
That should be obvious to anyone and should have been from the start.
It's a platform for 77 year old Donald Trump and little more. When he's gone there is no reason for it to exist.
For an outfit that some have claimed has three employees, yes I saw that posted here, I'm curious how they could lose $58 million.
Posted on 4/1/24 at 2:05 pm to LSURussian
quote:
The reason the stock is down so much today is that in the release of DJT's quarterly financial results the company's auditor included a "going concern" warning.
Nope. Check the Dow Jones and S&P 500. the entire market is down
ETA: LINK
This post was edited on 4/1/24 at 2:29 pm
Posted on 4/1/24 at 2:08 pm to BuckyCheese
quote:
, I'm curious how they could lose $58 million.
You think it's free to develop and run a platform such as Truth Social or Twitter/X, or Facebook?
Posted on 4/1/24 at 2:11 pm to tommy2tone1999
quote:
Nope. Check the Dow Jones and S&P 500. the entire market is down
Posted on 4/1/24 at 2:15 pm to LSURussian
quote:
I tried but it was impossible.
This was the same for the options market. I wanted to do a 65/60 put spread when the stock was north of $65. Price was around $4 on the $5 spread. Not happening.
Posted on 4/1/24 at 2:25 pm to LSURussian
quote:
Did any of you market players sell short DJT stock shares last week?
$DJT Trump Media and Technology Group has lost $4.5 billion in value since 3/26/24. Hopefully the Bible business is doing better.
Posted on 4/1/24 at 2:34 pm to tommy2tone1999
quote:
Nope. Check the Dow Jones and S&P 500. the entire market is down
Posted on 4/1/24 at 2:40 pm to Meauxjeaux
quote:
You think it's free to develop and run a platform such as Truth Social or Twitter/X, or Facebook?
It has a half million daily users.
Do the math for us.
Posted on 4/1/24 at 2:42 pm to LSURussian
quote:Limited shares outstanding.
I tried but it was impossible. I use Schwab and they put up a notice that there were no shares of DJT available to be borrowed for short sellers.
Posted on 4/1/24 at 2:54 pm to BuckyCheese
quote:
Down 22% today after reporting a loss of over $50 million for 2023.
Another Trump business that will be bankrupted soon
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