DJT anybody riding the wave?

I sold mind yesterday. Was all over the place with my buys, but bought half of my shares close to the lows. So overall roughly a 25% profit so I’m happy. I’ll get back in when Trump says something stupid and it drops 40% lol

It’s too risky for me, the closer we get to the election, as it seems it basically follows Vegas’ odds of him winning the election lately.

I think most DJT owners on MT bought in the 70s

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Bought in at $14 and a huge jump this week what’s the peak in the boards opinion?

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Dumb money

I’m down. What’s the dividend?

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DJT anybody riding the wave?

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Went up over 50% from Mon to Fri this week closing over 25. Not a bad gain for you. Probably won't drop below your investment before the election. May run up some more. Yes it's volatile, but they are trying to make this a legit platform.

Short term play and Id look at dumping it a week or so before the election if it keeps going up the next couple of weeks. If he losses it will probably drop hard. If he wins it could go up fast so be ready to hop back on the train for some more short term gain.

I know my opinion doesn't matter but that's the way I'd play it if I were in your shoes and had the current wiggle room you have. Good luck.

The company is taking a while to build things out but they are doing it with little to no debt. The big question is how much they can make off of add revenue and subscription revenue in the long run. With legacy media dying I’m in for a bet that probably hinges on Trump winning the election.

I’m all in long, but likely to be taking some additional profits with a small ~ 10% of my position after the election win bump.

Have been able to average down to $14.39 / share.

I recently sold all my warrants and re-bought in with regular shares when the shorts had it upside down with the warrants only $4 less than the share price (vs $11.5 exercise cost).

https://stockscan.io/stocks/DJT/forecast has a 12 month target of over $200 and closing in on $1,000, 7 or so years out.

They have 0 debt, a couple hundred million in the bank and plan to be using it for acquisitions in the coming year or so - likely in the TMTG News space with the death throes of MSM providing opportunities there.

Android Truth+ streaming app just came out, with iOS and smart Tv apps to follow soon.

Once they get their content filled out a little more, they should be starting subscription services revenue in a year or two. Not concerned with losses in the first couple of start up years as they build out.

Business plan eventually includes taking advantage of the internal infrastructure and CDN they had to build for themselves to be cancel proof, to compete with AWS.

I’m up six figures + already after having already taken out ~ $25K in profits this year to recoup my cash flow (Took advantage of the big bump to over $30 / share after the first failed assassination attempt) before the shorts beat it back down to under $12. It’s > $25 again at the moment with Musks appearance the Butler rally, the Truth+ Android roll out, and the recent positive momentum in the election.


Long term business plan:








Vanguard and Blackrock bought several million shares in Q2.

https://www.reuters.com/business/finance/blackrock-vanguard-big-purchasers-trump-media-shares-q2-filings-show-2024-08-14/

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BlackRock, Vanguard big purchasers of Trump Media shares in Q2, filings show

Vanguard Group initiated a new position with the purchase of nearly 2.9 million shares of Trump Media, with a market value of approximately $94.3 million at the end of the quarter, the filings showed. BlackRock initiated a new position with the purchase of nearly 2.2 million shares, while State Street initiated a new position with just over 440,000 shares.
Trump Media & Technology was added to the Russell 1000 and Russell 3000 at the end of June, the final day of the last regulatory disclosure period. Index-based firms often purchase shares of companies they expect to be added to an index prior to their official inclusion, market participants said.

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Crazy shite will be going down in the next 6 - 12 months and MSM will continue to try to censor it, with only Truth and X covering it and providing for our freedom of speech, which should have a big positive impact.

Fully expect to become a MAGA millionaire in the next couple of years.

Also fully prepared to lose it all if the communists / marxists are successful in taking over our country and stamping out our 1st amendment rights, it’s my way of fighting back.

At this point I’m pretty optimistic about it.

I like the stock.

Not Financial Advice.

Still bitter over this stock huh?

Tds forever

Thanks GOAT members, playing with house money now myself. Very useful information.

Kudos!

It's the AMC guy all over again