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DJT Stock Future?

Posted on 1/13/25 at 1:17 pm
Posted by HagaDaga
Member since Oct 2020
5986 posts
Posted on 1/13/25 at 1:17 pm
DJT is having a good day*, currently up $5.5-6/~16% and in the $41 range. Other than being a week out from the inauguration, is there other news I'm missing? I randomly heard recently that Musk was looking at buying it, but I'm thinking thats an old rumor, unless others know differently.

Think it'll just rise up/down this week as people take profits or has some legit "hold" legs this year? I know their yearly rev is very very low, but don't have much debt. Could be building a solid foundation for the parallel economy, maybe?

I have some, that I'm wondering if I take profits now or just sit on it. Its not breaking the bank, but if its not gonna grow and drop back to the low/mid 30s, which I feel is the floor (barring some kind of major negative news and/or the new Trump family trust dumps a bunch) after watching it for the last few months.

*Fingers-crossed I didn't jinx with my newbie inquiry.

Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 1/13/25 at 1:26 pm to
quote:

parallel economy,
What is this?

quote:

I have some, that I'm wondering if I take profits now or just sit on it. Its not breaking the bank, but if its not gonna grow and drop back to the low/mid 30s, which I feel is the floor (barring some kind of major negative news and/or the new Trump family trust dumps a bunch) after watching it for the last few months.
The fundamentals are horrific, so you should treat it like buying lottery tickets.
Posted by HagaDaga
Member since Oct 2020
5986 posts
Posted on 1/13/25 at 1:35 pm to
quote:

parallel economy,
What is this?

It's what the Right has been building in response to Social Media censorship. Obviously Musk buying Twitter, slowed it down, but it was being built prior to that and still moving along. Even if slowly. FB changes may slow it down some too.

Rumble, DJT, and Coign Credit Card are examples of it. Dan Bongino is a big advocate of it, and I believe has a big Rumble investment. This may catch more legs under Trump, as some foundation has been building. That's why I'm asking.

quote:

The fundamentals are horrific, so you should treat it like buying lottery tickets.

Which is the way I'm looking at it, but just wondering if there are some other opinions on potential here.
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 1/13/25 at 1:44 pm to
quote:

Which is the way I'm looking at it, but just wondering if there are some other opinions on potential here.
That's good. I personally cannot imagine any plausible scenario by which it grows into the current crazy valuation.
Posted by HagaDaga
Member since Oct 2020
5986 posts
Posted on 1/13/25 at 1:51 pm to
Yeah it's a tough row to hoe for sure. I would like to hold on to it, just to see if say it does have a good enough infrastructure and it gets bought out. Seeing how a/the stock works when a company gets acquired. I'm sure others on here have like when Twitter got bought. I know its probably no biggie, but I like crossing off experiences as my learning experiences.

Its not much I hold, and its less than a year old. So sitting on it has its benefits for me there too.
Posted by HagaDaga
Member since Oct 2020
5986 posts
Posted on 1/13/25 at 1:52 pm to
double post
This post was edited on 1/13/25 at 1:53 pm
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
35645 posts
Posted on 1/13/25 at 2:16 pm to
I keep hearing radio ads where Trump is trying to sell me a watch that is great and better than any other watch that I will love.

Not sure if that helps, but that’s all I got for you.
Posted by HagaDaga
Member since Oct 2020
5986 posts
Posted on 1/13/25 at 2:22 pm to
Posted by Naked Bootleg
Premium Plus® Member
Member since Jul 2021
3290 posts
Posted on 1/13/25 at 3:30 pm to
quote:

Which is the way I'm looking at it, but just wondering if there are some other opinions on potential here.


Some of my best trades last year, percentage-wise, were made playing DJT's volatility.
Posted by BarberitosDawg
Lee County Florida across causeway
Member since Oct 2013
13193 posts
Posted on 1/13/25 at 7:45 pm to
You have a lot of progressive miscreants in here posing as whales who claim this ETF is “Nazi-Gold.”

Let them stay poor and bitter…
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93777 posts
Posted on 1/13/25 at 7:59 pm to
This is the wrong board to ask about tbis stock

Tds is strong on here
Posted by carguymatt
Member since Aug 1998
Member since Jun 2015
967 posts
Posted on 1/13/25 at 8:07 pm to
I've got the app but don't look at it. I did a little in the beginning when they were filtering or loading everyone a couple summers ago and i got in. I bought the stock around 34 when it was obvious he was going to win late October or so and it was rising from 16, got up to 50ish. I can see it merging with X since him and Musk are boys now but who knows? There's probably better buys out there for longs. I think if it spikes over 50- 55 it might be a good sell point.

A lot of its future may hinge on what happens with his popularity in this term. Most the people who act like they hate him, really love him they just need some convincing.

Posted by SmackoverHawg
Member since Oct 2011
30956 posts
Posted on 1/13/25 at 8:08 pm to
quote:

Some of my best trades last year, percentage-wise, were made playing DJT's volatility.

Same. I sold today at $43. I'll buy back later.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3707 posts
Posted on 1/13/25 at 8:09 pm to
This thing isn’t at zero yet?
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
19289 posts
Posted on 1/14/25 at 12:00 pm to
Posted by Honest Tune
Louisiana
Member since Dec 2011
19285 posts
Posted on 1/14/25 at 12:11 pm to
Overall I’m up 22% on it.
Posted by sonoma8
Member since Oct 2006
8087 posts
Posted on 1/14/25 at 12:35 pm to
quote:

up 22% on it.


Near the same. Is this a long hold for you or do you have any certain price point?
Posted by Honest Tune
Louisiana
Member since Dec 2011
19285 posts
Posted on 1/14/25 at 12:39 pm to
Long. I bought some on Robinhood (after reading up on it here). Just gonna see how far I can ride it.
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 1/14/25 at 1:11 pm to
quote:

You have a lot of progressive miscreants in here posing as whales who claim this ETF is “Nazi-Gold.”
wut
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
31726 posts
Posted on 1/14/25 at 4:11 pm to
quote:

You have a lot of progressive miscreants in here posing as whales who claim this ETF is “Nazi-Gold.”

Find me one
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